AIMA organizes 22nd national competition for Business Management Simulation

All India Management Association will organize grand finale of national competition for Business Management Simulation on July 11, 2013.

It is one the most awaited and prestigious annual event in Business Management Simulation organised by AIMA. The participants get exposed to the intricacies of running a company with the focus on resource management, market trends, production, inventory etc. The winners of NMG represent India at the Asia Management Games (AMG) and the Global Management Challenge (GMC).

A team of 3-4 members participate in 5 rounds spread over 2 days. Functional Heads are appointed by the team to adopt the roles of CEO, CFO, COO and CMO. Each team represents an enterprise. A hypothetical Business Case is presented to each team with economic data and financial reports. Each team works out its strategy in operations, marketing, finance and product development with an aim to reach the pre-set goal first. This is done using AIMA's sophisticated software, ‘Chanakya’ that simulates a real economic environment.

How to participate in NMG?

A team of 3 to 4 members from different functional areas can be nominated from the Corporate and Institutional faculty. Multiple teams can be nominated.

Interested candidate can send the enclosed Registration Form to AIMA or access website http://chanakya.aima.in All Registration Forms must accompany participation fee by DD/Cheque favouring "All India Management Association" payable at New Delhi. Participant Manual (Soft Copy) will be sent to familiarize participants with Management Simulation. Changes or replacement of participant/ team is not permitted after Prelim Round. Decisions of the Games Administrator during competition will be final and binding on all participating teams and sponsoring organizations.

Source: Mirnal Upadhyay, click4college Specialist