Winner Above All
Winner Above All was designed to test the participants’ problem-solving skills. This event required contestants to play CEO, and rescue their struggling companies before they fell off the ladder. The first round witnessed a decent turnout as the participants filled up NLH 304. The quiz tested their corporate survival tactics along with logical reasoning, business ethics, and decision-making skills. Out of the 14 teams that had signed up initially, just five powered through to round two.
The groups were required to display their company’s worth to the judges in the second round, in which each team was given a problem statement consisting of details about their company. Based on those specifics the contestants had to convince the judges to opt for a merger instead of an acquisition. The contestants were supposed to prepare a presentation within 30 minutes. Following which, they had to present their ideas in a span of five minutes.
Event Head Udit Chakravorti said that they aimed to provide insight into the ways of the corporate world, with participants being judged on their knowledge of finance and business ethos. “The event was incredibly well managed, and succeeded in acquainting us with what goes down behind closed doors in such a dynamic environment“, said Aryaman Jha, a participant. Speakers seemed confident enough while laying out their well-rehearsed strategies and provided sound arguments, but many stumbled on further impromptu questioning by the judges.
Bizzmaestro’s Money Tracker had the participants going through balance sheets of an imaginary organisation in an attempt to trace the black money. The contest observed a terrific turnout, with over 45 candidates showing up on the first day.
The first round consisted of an hour-long written test based on aptitude, logical reasoning, and basic mathematics. Most of the participants were of the opinion that the paper was reasonably simple and straightforward. Furthermore, several contestants successfully completed the test well within the time limit. Based on their performance, just 10 participants made it through to the final round.
In the final round, the contestants were provided with a balance sheet. The finalists had to check the balance sheet for discrepancies and track down the source of money laundering in the organisation. The balance sheet consisted of three parts—cash flow, income statement, and financial positions. The financial positions reflected the interactions between various organisations. In spite of the tedious paperwork, the contestants were wholly engrossed in crunching the numbers throughout the duration. Creating a fictional balance sheet proved to be a tricky task. Most of the finalists found the paper to be lengthy and a bit difficult to complete within the stipulated time.
A new contest by Bizzmaestro, Manipal-o-poly put a new spin on the classic board game, Monopoly. The event consisted of two round spread out over two days. The first round comprised a written quiz that tested participants on their general knowledge and business acumen. Based on the results of the test, eight teams of two proceeded to the second round.
The organisers made a customised monopoly board with places in Manipal being sold as property. Furthermore, they added specialised bank notes, chance and community chest cards suitable for Manipal. There was no provision for building houses or hotels. Instead, the teams were allowed to trade the cards with one another or sell them to the bank at half the price. In spite of the turnout being slightly on the lower side, the event was a success as it progressed without a hiccup.
Think N Bid
Think N Bid by Bizzmaestro was the ideal setting for people looking to put their auctioning and managerial skills to the test. NLH–304 was filled to the brim as a significant number of participants turned up for the first round of the event. “Most people have a passion for business and finance. We pitch our event very well too,” said Shilpa Namboodiri, on being asked about how they managed to attract a huge crowd.
The written round mainly consisted of aptitude questions. Furthermore, it involved guessing the logos of various companies and identifying parent companies of different brands. The trickiest game of all required participants to fluke the prices of different items. Only a mere ten teams cleared the written round and made it through to the finale. In this round, they were allotted a budget of 250 crores. The first section required the teams to bid on ten different companies. However, each company had its own set of problems. In the second part, they placed their bids on products that could solve the companies’ problems. Even though the contestants struggled to understand the rules, they thoroughly enjoyed the event. Points were awarded based on the amount of money they were left with and the number of problems they could successfully solve.
“The rules were not easy to understand this time around, and our budget was lower. But the written round was far more engaging than last year”, said Siddhant Dutta, a second year ECE student who participated in Think N Bid last year as well. Overall, the event was fairly successful as the contestants seemed to have had a good time.
Time Out, organised by Bizzmaestro, managed to attract several participants, who were split into teams of two. The event constituted a preliminary and final round. The teams were given two tasks in the first round. The first one was to solve a quiz and simultaneously solve an aptitude round. Participants were supposed to listen to the audio clips and identify the taglines of various companies. The team members discussed answers to all the questions with full fervour. “The basic idea of this event is to test the speed and aptitude of the participants”, said, Vishav Gupta, the Event head.
In the second round, participants had to write a description explaining their views on the economic policy of Australia. Following which, they were given four minutes to present their ideas, and three minutes to answer the audience’s questions. Participants were judged on their comprehension skills, and tact of tackling tough questions.
Voices raised in zealous arguments as alarms rang around them, the participants thoroughly enjoyed themselves. “This a great way to test a participants budgeting and business skills to solve the real-world crisis. After all, we need to have a broader horizon and understand the things going on around the world”, said Aryan Singh, the Category head.
The Wall Street
The Wall Street was a three-day online event that put one’s financial and decision-making skills to the test. It assessed contestants on their investment skills as they traded on a virtual stock market. A definite amount of virtual money was allotted to each participant, and their goal was to buy and sell shares based on their value at NASDAQ, the American stock exchange.
In a real-time simulation, the change in prices of the virtual stock market was affected by the corresponding changes in their real prices at NASDAQ. The goal of the participants was to make the most money by the end of the competition. The event boasted a huge participation of 500 contestants, including participants from outside Manipal.
“We received a lot of phone calls from all over, and we were completely satisfied with the response,” said Aryan Singh, the Category Head of Bizzmaestro. All in all, the event gave participants an insight into what it is like to be in the shoes of a major investor dealing with huge sums of money. The fierce competition made the event a grand success.