Once again we bring to you a chance to be in the driver’s seat, a simulation game where you are the chairman of the board of directors. Build a team of 3-4 brave-hearts who love challenges and together with them venture out on a corporate adventure that leads you through a maze of strategies, decisions, negotiations and tightest of corners.

The event contest will consist of TWO ROUNDS. The first round you will experience managing a company in a highly competitive market with many firms. The “winners” will then qualify for round two and be divided into smaller, highly concentrated markets competing against only 8 rival firms. To be successful in this contest you must demonstrate expertise in managing a company in both of these very different market environments

Round 1: (1st -5th Nov’11)
• Teams will be assigned to compete in one of 4 Competitive Markets.
• There will be a total of 4 periods
• Based on cumulative profits over 4 periods , the top 16 firms from each “competitive market” will be allowed to advance to Round 2.
• Therefore in total, 64 firms will be advancing

Round 2: (7th -12th Nov’11)
• The challenge becomes tougher as the market evolves to an Oligopoly, and the decisions of an individual team will also impact the functioning of the market as a whole and also on its competitors

• Teams will be divided into 8 oligopoly markets with 8 rival firms in each market

• Based on cumulative profits over 5 periods of play the top firm from each oligopoly market will be evaluated for 1st, 2nd, and 3rd place.

• The selections will be based on a comparison of the relative profit standings within each market to determine the award level

This event which is open to business school students can have a maximum of four members per team. More details around the two rounds, rules and regulations and the simulation game guidelines be had from the event concept document which can be downloaded here         

Details of final campus round will be communicated to shortlisted teams

Certificate of Recognition

The TOP 3 teams of the 8 Oligopoly Markets in Round 2 will be given a Certificate of Recognition for 1st, 2nd & 3rd place, signed by Gold Simulations, and the author of the game, Professor Steven Gold from the Rochester Institute of Technology, NY, US.

Cash prize at stake !!

1st Prize: Rs.25000

2nd Prize: Rs.15000

Manikandan V         (+91-9846333929)

Meenal Maheshwari (+91-8943449927)

Email-id: beatthemarket@iimklive.com

Registrations for this event are now closed