Trio from the one-year full time MBA (Executive post-graduate programme in management) beat 1500 teams from 80 countries to reach the finals of the contest to be hosted in Madrid in November by ESIC Business & Marketing School
Ravi Kiran Cheni, Praveen Mokkapati and Kaustubh Sathe, students of the one-year full time Executive Post Graduate Programme in Management (EPGP) at IIM Bangalore, are among the 6 teams worldwide to make it to the final of the Global Marketing Competition organized by the ESIC Business & Marketing School, Madrid.
Over 4,600 students from 80 countries participated in the 19th edition of the competition that tested their knowledge and skills in a business simulated environment over a 3-month period. It is estimated that from over 1,500 teams that initially participated, 36 teams qualified for the semi-finals out of which 6 teams move to the final.
Over 4,600 students from 80 countries participated. It is estimated that from over 1,500 teams that initially participated, 36 teams qualified for the semi-finals out of which 6 teams will move to the final
The finals will be held in Madrid during November 17-19, 2014 where the 6 finalists will defend their business plans in front of a professional jury. The team from IIM Bangalore will compete with participants from Novosibirsk State Technical University (Russia), Universidad Rey Juan Carlos (Spain), Peruvian University of Applied Sciences (Peru), Major National University of San Marcos (Peru), Catholic University of Guayaquil (Ecuador) and Goa Institute of Management (India). The winning team will win a Specialized Master at ESIC Business & Marketing School and EUR 6,000.
During the competition, participants don the roles of Managing Directors of an Automobile brand that will be created and managed from the start. “The simulation environment was exciting and challenging. It certainly helped us apply our knowledge and skills in a market similar to a real one,” said Praveen Mokkapati.
The IIM B Team
Oneyearmba.co.in wishes all three the best of luck for the finals in Madrid!