Raipur

IIM-R participates in Rotman International's trading competition

Staff Reporter

The Indian Institute of Management (IIM) Raipur has established another milestone as a team from this college participated in the Rotman International Trading Competition, organised on 18-20 February 2016 by Rotman School of Management, University of Toronto.

This is the largest trading competition in the world and IIM Raipur was the only team from India which took part in this prestigious competition, an institute Press release informed. Under the guidance of Prof Satyasiba Dass and Prof M Kanadhassan, the team compromising of Jaysun Antony Alumkal, Manish Kumar, Amber Gupta and Sidharth Sachdeva had been preparing for this for past few months.

They competed with 52 other universities from all across the world, which include Boston University, New York University, University of Virginia, Duke University, Cornell University and many others.

This was aimed to provide students an international platform and test their knowledge and skills while giving them an experience to compete at international level. In order to achieve this, IIM Raipur provided full financial support to students to participate in international student exchange programme.

The event comprised of several rounds including Outcry, BP Commodity trading, Credit Risk Case, Sales & Trading and Algo Trading, where students from each team traded on live software. “The students who participated came back with learning and experience to cherish throughout. The vibe and dedication, not to mention the effort that the participants put into the cases, were admirable. Events alike this help us introspect ourselves and throw light on the areas we need to improve to be globally competitive”, the Press release stated.