Saturday, February 18, 2006

Bulletin 2006 - 02 - 18

OnliNews 18, February, 2006

Yudha Vidhya 2006 Final Day

Trichy, 15-02-2006: It was a day of surprises for the participants of Yudha Vidhya 2006. After the heady experience of handling lakhs of rupees, managing mammoth corporates, building and acquiring assets worth tons of money and making decisions affecting entire industries, the participants of Yudha Vidhya came back to mundane real world affairs with no visible hangovers.

The students of PGP 1 who participated in this business simulation game were all of the unanimous opinion that Yudha Vidhya was a really interesting and entertaining avenue of learning. The organizers were also happy that the objective of this activity had been attained. There is another event, BIMEX, scheduled to start after the mid-term examinations. This Stock Market simulation game is also expected to provide a satisfying learning experience.

On day 1, there were 19 teams. After the elimination rounds on the first day, the top 10 teams were selected. Kriya was on top in day 1. They went into the final day as the favourites to win the title. On the final day, the 10 teams were put through gruelling simulations of eight quarters.

The day started off with the Director, Prof. M. Sankaran and Dr. Y. Lakshman Kumar addressing the finalists. Then the teams were allotted seating positions and new names. The final day’s quarters saw a see-saw contest in progress.

Each quarter’s result was announced before the start of the next quarter. Every quarter produced a different team enjoying a slight lead over the others. The students also participated in this contest with utmost professionalism. One of the teams even designed a corporate logo and displayed it on their team’s worksheets. The excellent work done by Dimpi Tejani of team Six Sigma was widely appreciated.

In the end it turned out to be a close finish. Team Kriya consistently outperformed its competitors and kept bettering market expectations. Kriya ran into difficulties when two of its five members had to retire citing poor health. But their gritty determination and their consultant saw them through. The effort of all the teams was laudable. A few teams also had bitter experiences when human error on the part of the organizers led to their falling out of the lead. The BNA congratulates the winners.

The enterprising FinClub members of PGP 1 who were part of the organizing team worked hard to make it a memorable event. They also learnt a lot about event management and crisis handling. They deserve to be specially congratulated. The PGP 2 members of FinClub who actively involved themselves in the conduct of the event in spite of a tight schedule also need to be specially thanked for providing the juniors with the fulfilling experience of participating in a competition and completing it without any hitches.