Welcome to the million dollar event that awaits you. Quite literally so! Here we have teams from across B- schools battling out to be the best regional operation of the UBI group.
Your decision making ability, your skill, risk taking ability and expertise will be tested like never before.
So gear up for the challenge and welcome on board...
Round One: UBI Dealing Room – The Ultimate Banking Simulation Game
Transactions across boundaries and borders are commonplace. Do economy analysis, fluctuating rates and foreign exchange and forecasts excite you? The spotlight is on you now.
Calling upon the bankers of the world to take key borrowing decisions…
A few ground rules have been laid in order that the dealings proceed smoothly.
Read on to know more...
- In this round, there will be various groups with 8 teams each. Each team will consist of 3 members from the same institute.
- Each team will be assigned one UBI Bank branch. Also, a brief summary of the current and expected global economic scenario will be provided along with the prevailing Foreign Exchange rates in eight currencies and the respective interest rates.
- Each team will have to bid for borrowing 100 Million INR in a currency based on their analysis of the scenario and the best bid gets to borrow in their chosen currency.
- The rules for bids will be provided before the event.
- Depending on the allocation of the bids, each team will be charged interest rates prevailing in the currency allocated. Now we provide the economic scenario after one year and the same bidding process follows.
- Watch out for innovations in stage 2 that will change the game completely!
- The top two teams from each group (UBI Bank Branch) which manage to incur the least cost of borrowing in terms of INR move to the next round.
Round 2: UBI Boardroom: The Boardroom meeting
Imagine. What would it feel like to head a billion dollar enterprise, to know that every word of yours can change the fate of your firm, to push your management skills to the maximum? If this thought has not left you squirming in your seats then the simulation boardroom is the perfect destination for you.
This event has been formulated keeping in mind the competencies expected from the top job. So sharpen your skills and get set.
Keep watching this space...
Rules and Regulation -
Round One: Dealing Room – 10th & 11th October 9:00 pm onwards
- Team Size: 3 members per team
- All members of the team should belong to the same institute
- Any number of Teams from an institute can participate in the event
- The teams need to register by the 8th October 23:59:59 hours by sending a mail to dealingroom@jbims.edu
- The subject of the mail must be DR_Team Name_Institute Name, the body of the mail containing names and email addresses of team members
Prizes:
First Prize: Rs. 30,000/-
Second Prize: Rs. 20,000/-
Certificates to be awarded to all finalists
For further details, contact:
Hardik Shah – 9819959229
Vishesh Kathuria – 9769383842
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