Corporate Tycoon

Introduction


Do you have what it takes to make it in the gruelling world of business?

When the pressure is on, will you cave or will you thrive?

Through the amalgamation of two of our biggest general events Management Maestro and Opening Bell Vortex 8.0 brings to you ‘Corporate Tycoon’!

An event that will judge whether you have a skillset geared for the market and an aptitude for management.

Do you like being in charge? Are you quick on your feet? Do you know when to raise the stakes and when to pull out? If the answer to any of these questions is a “yes”, then this event is just for you.

Format

ROUND 1

Each team will be allotted a company. All the necessary details of the working, structure and current situation of the company will be provided.
The participants, as the CEO of the company, need to come up with futuristic, competitive, unique yet pragmatic 6 months, 2 years and 7 years goals/plans for the company.
The score received in this round will be considered for qualification into the round 2.
Companies will be allotted to each team upon registration. Last date of submission will be 25 February 2022 11:59 PM.

ROUND 2

They will play ‘Stock Market Simulation Game’/ ‘virtual trading game’.
Score of this round will be converted into money.
The total money earned in Stock Market Simulator and points earned in 1st round will be considered for qualification into round 3.

ROUND 3

Using the money earned in Round 2, participants take part in an exciting auction to come up with a business. Participants have to convince the judges about their business ideas while evaluating their ROI.

Case Studies released at: https://www.vortexictmumbai.org/news-and-updates/

Rules

GENERAL RULES

  1. The teams should consist of 2 members.
  2. The time frame for each round will be strictly followed.
  3. The qualification score will be decided and declared on the same day as of the round. It will be based on the number of teams participating.
  4. The full event will feature an imaginary currency ‘CT’.
  5. Use of foul or inappropriate language, content or reference is strictly not permitted and will lead to disqualification.

ROUND SPECIFIC RULES

Round 1

  1. Participants have to come up with short term (6 months), medium term (2 years) and long term (7 years) goals for the company.
  2. Participants even have to give a brief line of reasoning for each set of term goal(s). (maximum 100 words each)
  3. Answers will be judged onVision; Well thought of; Tactical; Understanding of situation; Awareness of current situations; Prediction of future plans; Pragmatism.
  4. The answers should be submitted to [email protected] in PDF format before 25 February 2022 11:59PM. The document should not exceed 3 pages.
  5. Copying answers from the internet or from some other team is strictly prohibited.
  6. Since the goals for a company are highly individualistic, the answers should be unique and copying can be easily caught.

Round 2

  1. Team has to complete the game & cannot leave the game half way.
  2. Total time to complete the whole round is 1 hour.
  3. Participants play a Virtual trading/Stock Market Simulator game here.
  4. You will be having Rs 1 crore virtual cash for investing in shares, mutual funds, or fixed deposits.
  5. You will also have an intraday virtual trading limit of Rs 1 crore.
  6. You will need to square off your intra-day transaction before the end of the time period assigned for the game.
  7. All buy and sell transactions cannot exceed the actual volumes in the market.
  8. All the rules and regulations pertaining splits and bonuses will be followed.
  9. All the rules and regulations pertaining splits and bonuses will be followed.
  10. You can reset your portfolio to Rs 1 crore anytime you want to.
  11. Organizers will be there in case of any queries, just call to them and they will respond to you at the earliest.
  12. Participants can play the game any number of times but only the final Amount displayed on the screen after the time period is over will be accepted.
  13. You cannot quit the game before the final score is written.
  14. Money Earned in Stock Market Simulator; once, written in the Scoresheet will not be changed.

Round 3

  1. Calculators are allowed only for this round.
  2. The sole rights of the auction remains in the hands of organizing committee, their decision will be considered to be the final decision.
  3. Bidding will start only once the auctioneer completes his/her statement.
  4. The winner will be declared on the basis of the R.O.I, total money earned in Round 2 & judge’s score.
  5. The contestants are expected to use all the Cash Points available and if he/she is not able to exhaust it will not be considered into the net profit.

 

Dates for further rounds would be informed by the event heads. In case of any dispute the organizers will have the final say.

Note: The organizers reserve the right to disqualify the team if any of the rules given are breached by any participant. It is the responsibility of the participants to keep themselves updated.

Contact

  • Gunjan Kulkarni (Event Head) +91 7888274127
  • Nilesh Udmale (Event Head) +91 9869700168
  • Nilesh Udmale (Event Head) +91 9869700168

For any other queries or information, mail to:- [email protected]