The session was inaugurated by the lighting of the ceremonial lamp by the distinguished panelists, including Prof.Sushil (The Founder-President of the GIFT society and Professor at DMS-IITD), Prof. K.M.Mittal (Ex-General manager, EIL, currently Professor at IILM), and Mr. Manoj Sharma (B-Tech, M-tech, MBA, served Govt. of India, and currently on board of directors of public ltd. co. working in area of cyber security). Prof. Sushil then addressed the house, citing an analogy with ‘Alice in Wonderland’. He spoke on the importance of moving with at least twice the speed of the environment to be able to leave the competition behind in this dynamic business scenario.

The event was an intensely competitive affair, with participation from premier management institutes in the country. Entries poured in from all corners and some of the prominent b-schools represented were, IIM Lucknow, IIM Kozhikode, MDI Gurgaon, FMS, XLRI, NMIMS and DMS-IITD.

The audience was spell bound by the variety and quality of presentations made and the house was enlightened by some insightful inputs from the dignitaries. FMS was ably represented by Samit Khanna and Mitesh Karia , whose work on Commodity financing at Citibank, was appreciated unanimously by all the judges ,and deservingly awarded the first prize and a cash reward of Rs.15000.

The team from DMS comprising Vikram Kumar and Pravin Vemuri, illustrated their work on the IBM global delivery model and shared the second spot with Anuradha Jairam and Deepti of FMS , who had researched the options available for Standard Chartered In Small and medium enterprises.the two teams also shared the trophy as well as the cash reward of Rs 10000.

The success of the event was attributed to the efforts of the GIFT Student Forum, at DMS IIT Delhi, and the sponsors namely PNB, SBI, NTPC and EIL. Prof Sushil concluded the session with a call to all the prominent B-schools to join the GIFT society and facilitate its evolution into a national forum. He also announced the release of WAVE – a journal aimed at documenting such significant papers from students and practitioners.