Chennai

IIM-Ranchi team wins BLoC Boardroom Challenge

A team of four from IIM Ranchi — Mohanish Golatkar, Shubham Garg, Jasmeet Singh Bindra and Raghavendra Pratap Yadav — won the grand finale of the BusinessLine on Campus (BLoC) Boardroom Challenge, which saw eight B-school teams slug it out in a hard-fought contest at the Madras Management Association in Chennai on Monday. The first runners-up were from SPJIMR Mumbai and the second runners-up from ISB, Hyderabad campus. The other finalists were SIBM Pune, CUSAT Kochi, LIBA Chennai, IIM Bangalore and IIM Rohtak.

Presenting strategies

For the finale, participants had to present strategies to ensure wider adoption of mutual funds as a savings and investment instrument across the country. The top three teams won a sum of ₹1 lakh, ₹75,000 and ₹50,000, respectively, from BusinessLine.

The jury comprised A. Balasubramanian, managing director and CEO, Aditya Birla Sun Life AMC Ltd; S.K. Lokeshwarri, head, research bureau, BusinessLine; and Shyam Sekhar, co-founder, iThought investment advisors.

The first runners-up team from SPJIMR comprised Chaithra Jayachandran, Jithin Nair, Shikhir Sapra and K.S. Sivaraman, while the second runners-up from ISB Hyderabad had Nimisha Jain, Tanudeep Bhattacharya and Arpit Sakhlecha as team members.

Aditya Birla Sun Life Mutual Funds (ABSL) was the title sponsor for the event, which is powered by Swiss watch brand Frederique Constant. Vizag Steel Plant and One Crest were its associate sponsors.

Around 750 teams registered for the Boardroom Challenge, and took a psychometric online test which tested their decision-making and analytical skills and ability to work in teams. Six teams each from eight cities then took part in the semifinals held in Chennai, Bengaluru, Kochi, Hyderabad, Mumbai, Delhi and Kolkat.

One team each from the semifinals made it to the grand finale in Chennai. Each of the winning team was also gifted a Frederique Constant clock for their B-school.

Article source: https://www.thehindu.com/news/cities/chennai/iim-ranchi-team-wins-bloc-boardroom-challenge/article29684622.ece

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