Wednesday, October 17, 2007

Management games held in Coimbatore

NIILM Centre for Management Studies, Delhi, has emerged the winner in the 11th National Student Management Games held here on Tuesday.

ICFAI Business School, Mumbai and Institute of Management Technology, Ghaziabad, were the first and second runners up. At the PSG Institute of Management, nine teams from various parts of the country competed with each other for the finals on Tuesday. The groups were selected from the semi-finals held on Monday.

For the finalists, gaming is serious business. With eyes fixed on the laptop screen, they discussed strategies and drew up action plans for nerve-wracking business problems.

Conducted by the All India Management Association (AIMA), the games are very popular among the management students, especially those from the Southern region. “We have most number of participants from the southern region – 169 of the 263 participants are from the Southern States,” says Vikas Gupta, Deputy Director, AIMA. The game is all about replicating actual business situations.

Each group will have a chief executive officer, chief operating officer, chief marketing officer and a chief financial officer.

Each group is given a company and asked to manage it. They will have to take business decisions considering a fluctuating economy and market conditions. “Simulation games test the real potential of the students. They get an opportunity to apply their theoretical knowledge,” says S.C.Tyagi, Assistant Director of AIMA.

The game is not confined to management students. MCAs and engineers too can participate. For Suvidh Arora and Tripti Agarwal from the Institute of Management Technology, Ghaziabad, the game is all the more challenging. Two of their team mates could not make it and they are geared to battle it out themselves. “This game is all about handling situations. We are faced with a problem and we are handling it confidently,” says Suvidh.

“Each stage in the game is a challenge,” says Vishal Agrawal from ICFAI Business School, Mumbai. Vishal and his friend Abhay Jain are taking part in this game for the second consecutive year. Sumeet Tiwari and Hitesh Bhagchandani from the same institute are taking part for the first time. According to them, the game is a great learning experience.

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