SPJIMR students win global biz simulation competition

Friday, November 23 2012, 04:45 AM
Two teams from S P Jain Institute of Management & Research (SPJIMR), Mumbai, and Goa Institute of Management have bagged the first and third places, respectively, at the Fall 2012 Capstone Challenge, a global online competition
The Capstone and Foundation Business Simulation Challenge is a global online competition held in the spring and fall semesters each year.
Two teams from S P Jain Institute of Management & Research (SPJIMR), Mumbai, and Goa Institute of Management have bagged the first and third places, respectively, at the Fall 2012 Capstone® Challenge, a global online competition, organized by Capsim Management Simulations, a global leader in developing and delivering business simulations, based in Chicago. Approximately, 1,800 students from more than 280 universities around the globe took part in the competition with 12 teams qualifying for the 48-hour, high-pressure business simulation play-offs.

“The Challenge winners have displayed business knowledge and acumen far above their peers and their successes can now be placed on their resumes for future employers,” said Challenge co-coordinator Brendan Langen. “This is a significant accomplishment when you consider the magnitude of the competition.”

The Capstone® and Foundation® Business Simulation Challenge is a global online competition held in the spring and fall semesters each year. The competitions are open to all students who have used a Capsim business simulation in their university courses in the previous 12 months.

The SPJIMR team was represented by Sonia Apsingekar, Vikalp Babelay, Gaurav Sapra and Viraj Kulkarni. Kulkarni said, “The simulations are extremely exhaustive, covering all the aspects of business management. We got an in-depth understanding of the decision making process in the real world. We realized the importance of co-ordination between different departments in a company – each department is needed to understand long-term goals of the company.”

Kulkarni said he and his teammates took part in the competition because “we wanted to compare ourselves with the best in the world and test our business acumen. This competition is extremely prestigious and doing well in it will really add to our MBA education.”

Mr Dharam Pal, general manager, CAPSIM India, said: “We have had three world champions in the last four years from India and seven teams have made it to the final round of the Challenge.  Students from IIMB, SPJIMR, XLRI, IIFT, IMT, Goa Institute of Management have so far been top performers in the Challenge.”

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