Bengaluru, 24 th January 2018: Symbiosis Institute of Business Management, Bengaluru hosted the 6 th
edition of Revelation 2018, the Annual Management Fest of SIBM Bengaluru. The Fest is an
amalgamation of both management and cultural events. One of the management events was Finascere -
The Finance Competition.
From 110 teams who took part in the online rounds, only 17 teams qualified to the national finals held in
the campus. The finals included seven rounds on day 1 and two more on day 2. The first campus round
was “Best Wealth Manager” – each team were given a particular scenario and they had to build a
suitable portfolio. Well, if this sounds tough, this was just a teaser for the upcoming events. Although it
may seem hard, the rounds were planned in such a way to make it interesting while keeping it
challenging. Then was the “Financial Modelling” round where teams were required to build a dynamic
financial model based on given balance sheets. This was followed by “Oracle” round where the teams
had to predict the price of oil in the international market exactly one year in future. This had to be
substantiated with necessary data. This was followed by “Finstruck” round where questions in the form
of images relating to financial world were shown and the candidates had to guess the answers. This was
the final round before eliminations took place. The teams that qualified really did prove that they were
built of steel. But that wasn’t the end of day 1. To test them further on their endurance and
perseverance while still testing their mental faculties, two more rounds were held. The next round was
“Mock Stock 2.0” where teams were given virtual fund based on their previous cumulative scores and
were required to buy stocks from a given pool of stocks and maximize their return. The catch was that
random news about the companies were be revealed to the contestants and they had to be thinking on
their feet to react to the news that was being given. This was to test the contestants on parameters such
as trading, negotiation and time management. The final round for day 1 was an overnight task – the
teams had to conduct an M&A between two Indian companies that are not in news/talks for an M&A.
They had to present their answer to the judge he next day.
Day 2 kicked off with high expectations due to the bar set by the teams on day 1. The teams were
requested to present their finding. This was judged by Saswata Mohanty, Assistant Director, Moody's.
Then it was followed by the round “Best wealth managers” where the teams had to explain the rational
that went behind whilst picking up stocks on day 1 for “Best Wealth Manager”. This was judged by
Asmita Karanje, Project Manager, ANZ Banking Corporation. This concluded the event and the teams
were eagerly anticipating the results.
After much deliberation and discussion, the judges finally came to a consensus. First Prize went to
Aakash Baid and Harish Advani from Narsee Monjee Institute of Management Studies- NMIMS
Bangalore. Runners-up went to Abhijit Rao and Madhusudhan TM from CIMS.
The contestants said that they had a great time and that they gained valuable insights from the
esteemed judges which they would implement to embellish the plan further. The judges were amazed at
the quality of competition and said that they too learnt a lot of new things. They also said that the
innovative thinking shown by the contestants was commendable. This concludes the Finascere for this
year. SIBM B would take this opportunity to congratulate all the participants and winners.
edition of Revelation 2018, the Annual Management Fest of SIBM Bengaluru. The Fest is an
amalgamation of both management and cultural events. One of the management events was Finascere -
The Finance Competition.
From 110 teams who took part in the online rounds, only 17 teams qualified to the national finals held in
the campus. The finals included seven rounds on day 1 and two more on day 2. The first campus round
was “Best Wealth Manager” – each team were given a particular scenario and they had to build a
suitable portfolio. Well, if this sounds tough, this was just a teaser for the upcoming events. Although it
may seem hard, the rounds were planned in such a way to make it interesting while keeping it
challenging. Then was the “Financial Modelling” round where teams were required to build a dynamic
financial model based on given balance sheets. This was followed by “Oracle” round where the teams
had to predict the price of oil in the international market exactly one year in future. This had to be
substantiated with necessary data. This was followed by “Finstruck” round where questions in the form
of images relating to financial world were shown and the candidates had to guess the answers. This was
the final round before eliminations took place. The teams that qualified really did prove that they were
built of steel. But that wasn’t the end of day 1. To test them further on their endurance and
perseverance while still testing their mental faculties, two more rounds were held. The next round was
“Mock Stock 2.0” where teams were given virtual fund based on their previous cumulative scores and
were required to buy stocks from a given pool of stocks and maximize their return. The catch was that
random news about the companies were be revealed to the contestants and they had to be thinking on
their feet to react to the news that was being given. This was to test the contestants on parameters such
as trading, negotiation and time management. The final round for day 1 was an overnight task – the
teams had to conduct an M&A between two Indian companies that are not in news/talks for an M&A.
They had to present their answer to the judge he next day.
Day 2 kicked off with high expectations due to the bar set by the teams on day 1. The teams were
requested to present their finding. This was judged by Saswata Mohanty, Assistant Director, Moody's.
Then it was followed by the round “Best wealth managers” where the teams had to explain the rational
that went behind whilst picking up stocks on day 1 for “Best Wealth Manager”. This was judged by
Asmita Karanje, Project Manager, ANZ Banking Corporation. This concluded the event and the teams
were eagerly anticipating the results.
After much deliberation and discussion, the judges finally came to a consensus. First Prize went to
Aakash Baid and Harish Advani from Narsee Monjee Institute of Management Studies- NMIMS
Bangalore. Runners-up went to Abhijit Rao and Madhusudhan TM from CIMS.
The contestants said that they had a great time and that they gained valuable insights from the
esteemed judges which they would implement to embellish the plan further. The judges were amazed at
the quality of competition and said that they too learnt a lot of new things. They also said that the
innovative thinking shown by the contestants was commendable. This concludes the Finascere for this
year. SIBM B would take this opportunity to congratulate all the participants and winners.