The teams were gauged on parameters such as co-ordination, strategy and concentration. Presence of mind and impromptu thinking were also given considerable weightage. The participants had to go through these rounds under stress and time constraints to emerge as Business Tycoon. These rounds were judged by people from the industry who shared their insights with the participants. The winners were given prizes worth Rs 35000/-. In addition the final Business Tycoon of 2008 received a scholarship worth Rs.25000/- from Knit Faktory, which was the main sponsor for the event.

Jitendra Marchino hosted on campus

JBIMS hosted on campus Jitendra Marchino, an alumnus of JBIMS and Vice President, Future and Options division at JP Morgan, for a session on Derivatives on March 10, 2008. In the session, he divided the class into teams of 5, and involved them in small games, and the conclusions of each of them were related to relevant concepts in Derivatives.

He started off by stressing on the fact how each one of us is a part of and is intricately involved with the stock market, irrespective of whether we directly invest in stocks or not. He also explained the significance of the stock market movement on the different functionalities of an organization which the MBA students may end taking up in the future.

He explained that the choice of an investment depends on more than one factor and varies from person to person. While the market perception may be the criteria for some, others might decide on the basis of their tenure of investment and expected returns during the period. To add to this, what also comes into play is the risk taking ability of each individual.

He went on to explain the concept of derivatives, but only after an exercise in which the teams were asked to bid at present the for IPL squads based on their perception of the future profitability of each of the squads. The example clarified the meaning of an underlying principle on which all Derivatives instruments are built.

Also, he explained that how the market changes in one sector directly or indirectly impact the other sectors. This is what, he said, is the chief role of people who manage such derivative instruments. They keep a close watch on various sectors and try to project the impact of small and big changes/predictions/research on the other sectors of the economy.He concluded by suggesting them various ways in which they could groom themselves to tackle their jobs in the future. Mere reading is not enough, he said. It is how we apply what we have read, that is important to make a difference.

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