Announcement / Corporate November 30, 2011, 12:38 IST
UnitedWorld School of Business joins hands with IIM-Bangalore to engage students in the largest business simulation game in India called "United Minds". The mega event is a national platform to create awareness about India's impending demographic dividend, and to identify extraordinary minds that embody the potential to lead Young India to its pinnacle.
Through this mega national event IIM Bangalore and UnitedWorld School of Business are reaching out to 5, 00,000 young minds across the country with direct participation of 50,000 students in a pan-India business simulation competition.
The initial selection rounds are based on General Awareness and Team Dynamics test. College level selection will be organized at various under graduate colleges across the country. With a pre-defined selection format, three teams from each participating college will be selected for Zonal Finals at UnitedWorld Campuses namely Kolkata, Mumbai, NCR, Ahmedabad and Hyderabad. 200 Teams from across the country, 40 teams from each zone will participate at National Finals at IIM Bangalore. The Zonal Finals at UnitedWorld School of Business and Finals at IIM Bangalore will be held on a Simulation Platform provided by iInteract Learning Solutions. This mega event will culminate into the finals at IIM – Bangalore campus in March 2012.
Marking the announcement (Mr.Ritesh Hada, Managing Director, UnitedWorld School of Business)said, "We are delighted to introduce a competition as big as "United Mind". A large Simulation is the best way to get participants more actively involved in the competitive process, and so to improve the effectiveness, efficiency and scale of the competition. The premier strategic management simulation combines practical hands-on decision making with real world modeling. Participants learn the key concepts of business strategy as they run their own company within an online industry, competing against other participants and make decisions in all areas of Price, Marketing, Distribution, Finance, Operations, HR, and R&D. These simulations are being used by major corporations like Microsoft, HP, Hindustan Unilever and many other to engage and train their employees in strategic thinking."
The registrations for contestants are available free and total prize money being distributed is more than Rs. 10, 00,000 across various rounds. College authorities can nominate their college name to the Organizing committee.
Ref: Business Standard