The team of Ms. Sneha Bansal, Ms. Kanika Bhatia, Mr. Vaibhav Kapoor, and Mr. Tej Parekh won the Global Valuation Olympiad, organized by Global Banking Training, London. In the event which lasted more than three and a half months, the team competed with prestigious colleges such as Yale-NUS, University of St. Andrews, Azerbaijan State University, IIM Shillong, IIM Ranchi, and St. Stephen’s College in the finals to be crowned champions.
The first round of the competition in which over 5000 students across the globe participated, was a mix of multiple choice plus essay questions, from which the top 20 teams were filtered in. The next stage involved solving a Mergers and Acquisitions case study, which required the teams to assume the role of a leading mid-market M&A advisory firm and prepare an Investment Memorandum from the sell side perspective along with building various valuation and financial models. This was followed by the finals, in which the top 10 teams pitched their ideas to the judging board in London.
“While registering, we were quite apprehensive about our chances of even progressing to the next round but we decided to give it an honest try to the best of our abilities”, says Sneha. “It was not easy to invest adequate time into the competition because of constant classes, assignments, quizzes, placement processes and exams. But, we all sticked together and helped each other out to share the workload.”
They attributed this massive achievement to the top-tier faculty members of IIM Amritsar, the electives they took during their second year, and various finance-based websites from which they gained valuable information from. Their preparation was extensive and exhaustive, as they started their work the very day the quiz results were out. Reading up on the experiences of the past winners also helped them immensely.
“We felt happy that we took IIM Amritsar’s name forward while competing at an international level” they say, when asked about what next is in store for them. “This win has given us the confidence to compete with some of the best B schools in the country and beyond. We will try to participate in as many competitions as we can from now on. Our main motive now is to win as many competitions as possible and take the name of our esteemed institute forward. We also got to know about a lot of areas of Finance that we can explore further in.”
IIM Amritsar offers a two-year general Master of Business Administration (MBA) program and a specialized MBA in HR and Business Analytics. The institute also offers a two-year Executive MBA (EMBA) and various customized short and long duration Management Development Programs. These programs have been designed to provide world-class management education to meet the requirements of organizations across sectors for management professionals. The institute is committed to imparting solid educational foundations and values in the thoughts and actions of future managers. Admissions are now open for the EMBA Program, till January 31 2022.
