13 Nov 2020 23:06 IST

Boardroom challenge prelims close on a high note

The virtual preliminary test received participation from over 750 teams from B-schools across the spectrum

Over 750 teams from business schools around the country registered and took the online preliminary test for the BL on Campus Boardroom Challenge 2020, registrations for which closed on November 11.

B-schoolers across the spectrum have signed up for this novel case challenge, now in its fourth year. Entries poured in from the country’s top B-schools, including the IIMs A,B,C as well as from the newer IIMs such as IIM Nagpur, IIM Kashipur and IIM Tiruchi, among others. A significant number of entries also came in from IIM Kozhikode. Students from other top ten B-schools such as XLRI, SPJIMR, Great Lakes and NMIMS also registered and took the preliminary 20-question psychometric test to qualify for the next round. Business schools such as IBS, Hyderabad, and SIBM, Pune, are also in the fray.

The winning team at the finals to be held on December 21, will receive ₹1 lakh in prize money while the first and second runners-up will receive Rs 75,000 and Rs 50,000 respectively.

In its fourth year, the BLoC Boardroom Challenge will be held entirely online given the need to be safe amid the pandemic conditions. Four teams from each city will compete for a spot in the finals which will be held in December. One team from each city will go into the finals.

The semi-finals will be webcast on the following days: Chennai (December 1); Coimbatore (Dec 2), Kochi (Dec 3); Bengaluru (Dec 4); Hyderabad (Dec 5); Delhi (Dec 7); Mumbai (Dec 8); Kolkata (Dec 9) and Pune (Dec 10).

Each team member will have to don the role of a CXO and present to an eminent jury comprising senior corporate sector executives. The case will test the teams’ decision-making skills, as well as their knowledge of strategy, marketing and finance. The teams for the semi-finals will be contacted directly by the team from BusinessLine.

In the first year of the contest, 2017, LIBA, Chennai, came up trumps to win the title of CXO of the year; in the second year ISB Hyderabad won the contest while in 2019, a team from IIM Ranchi won while SPJIMR and ISB were the first and second runners-up.

The BLoC Boardroom Challenge 2020 is presented by Aditya Birla Sun Life Mutual Fund and is powered by Hindustan Coca-Cola Beverages (HCCB) in association with Punjab National Bank (PNB) and CasaGrand. The Knowledge Partners are BrandVectors and Potential Genesis.