KREATE’10, A Business Plan Competition by Connect2MBA.com

Dec 23rd, 2009 | By | Category: Business

 KREATE10, A Business Plan  Competition by Connect2MBA.com

KREATE-2010- Connect2mba

Event Name: KREATE’10
Event Type:
Business Event
, Online
Location and Organizer :
Connect2MBA, Delhi

Website :
http://connect2mba.com/
Email : bplan@connect2mba.com

Important Dates:
Fest dates:
15th Dec to 1st Feb
Eligibility: Open to all engineering and Management students.

Details :

Standards for Educational Advancement & Accreditation (SEAA) Trust, www.seaastandards.org, India’s first global quality benchmarking advisory and facilitation agency with a track record having brought all the Top Six International Accrediting agencies on a single platform for the first time in the world in India, the first B to B B-School networking company www.connect2mba.com and India’s first  education company on second life and the most vigorous ideas start up with global track record www.myideasinfinite.com together throw India’s first future B-Schools Challenge in the country. It is a Business Plan  Competition like no other! A competition that helps you build your own B-school of the future. The winning team will assisted by SEAA realise its dream with the best international campus associations and help in locating the millions that would be needed to set shop.

Kreate’10 is to create awareness among the students about the urgent need to create schools that can withstand global completion in the immediate neighbourhood and also build Indian brand of international B- schools. Kreate’10 is to create awareness among the students about the urgent need to create schools that can withstand global completion in the immediate neighbourhood and also build Indian brand of international B- schools.

The process of building a global B-school involves the study the successful B-school models available elsewhere like IEC, INSEAD, AIM, and even the efficacy of offering one year PG courses like that of ISB, PGPX of the IIMs to compete with the globe. The faculty shortage is acute everywhere and it would be a learning experience to know how the future B-schools are going to cope especially if you have to take on the globe!

Student quality from India is very high but there is always lingering doubt whether we are getting the best among these as the filters that we are using today, CAT, XAT, GD PI may be not enough to locate the students that we would need for making a Future B-school a worthwhile proposition. The systems that we are adopting today to gauge the progress of the student is outmoded and we needed drastic innovation and change in the faculty teaching and student outcome rubrics.
Also the effectiveness of the school is based on the way students engage with the corporate; all good international schools are masters in this game. The association also changes the curriculum, delivery
and pedagogy at the school end. There should be innovative and creative corporate engagement models here in India too.
Finally, the B-school of the future should be a fun place, and in fact no place at all! Technology should enable the students to study at their own pace, attend lectures at their own will and yet be part of a live, throbbing B-school that works!

The bottom-line however the costs that go in building a world class school and also running it as in service industry the infrastructure costs would be depreciated fast but recurring costs can be killing.

The industry works on the basis of student fees and there are limitations here and also room for innovations!
Placements are the raison d’être of the B-schools but this can severely hamper the rest of the Bschool process. Admissions, curriculum, choice of subjects, faculty choices, projects, summer placements and even CGPA computation works around the placement effect! “The best CGPA gets you to sit first for placements, even though you may not necessarily fit with the jobs being offered”.

The way to tackle this is more corporate engagement right from the start and entrepreneurship models.

There is lots more, let your imagination run, dream up a great school, a school in which you would rather study or one where your sister or brother would go to!
It is the B-school of the Future, a world class Indian B-school!

Important Dates and Prizes Details :

PRIZE MONEY
First Prize – Rs 20,000 Cash + Certificates
Second Prize – Rs 10,000 Cash + Certificates
Top 10 entries would be awarded certificate of appreciation.

IMPORTANT DATES

First Round
Executive Summary submission ends on : 27th
December 2009
Results to be declared by : 2nd
January 2009
(Top 10 Entries would be shortlisted)

Second Round

Submission of detailed B-Plan and presentations ends on :
14th January, 2010
Remote Presentation via Second Life : 17th January, 2010
Results to be declared by : 18th January, 2010
(Top 6 Entries would be invited)

Third  Round
Final presentation on : 1st February, 2010

For more details about this  events , please visit the URL above.

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