‘Mind Games’ BY ICICI DIRECT At KIAMS
When it was announced at KIAMS that ICICIDIRECT, the stock-broking subsidiary of ICICI Bank, was coming over to our campus on the 22nd of October.
Pune (I-Newswire) November 1, 2012 - When it was announced at KIAMS that ICICIDIRECT, the stock-broking subsidiary of ICICI Bank, was coming over to our campus on the 22nd of October, we all got ready for the usual stuff – sessions on how the stock market works, how products are designed in the domain, etc.
We were right!
Well, at least for the first half. Till mid-session, the seminar proceeded on predicted lines, i.e the share market and how it works. However, midway through the seminar, the ICICIDIRECT representatives began to speak of a game. All of a sudden, they had the attention of everybody in the KIAMS auditorium.
‘Stock Mind’, as the game was called, was a mock simulation game, designed to work like the BSE and NSE in almost every aspect. The demo made it clear that this was not the usual sort of game. We could actually order for ‘sell’, or place a ‘buy’ order, ‘stop loss’ order, etc.
The ICICIDIRECT reps then announced that there would soon be a competition – initially intra-college and then inter-college. The process would start with registration, after which each student would be presented with a virtual cash account of Rs. 15 lakhs. The individual with the maximum profit or minimum loss would be declared the winner.
By the end of the session, quite a few of us who enjoyed following or playing the stock markets – and there are quite a lot of us at KIAMS – were all gung-ho about the prospect of pitting our skills in a ‘nothing to lose but everything to gain’ situation.
As far as I’m concerned, my strategy will be pretty much on the lines of Warren Buffet’s, who believes, “You should invest in a business that even a fool can run, because someday, a fool will’!
About Kirloskar Institute of Advanced Management Studies
In the fast, furious, frantic environment that today's organizations work in, second place is not an More.. option. "Anything goes" is the code. And time itself is against you.
We believe that's when you need to take time off. To hone your skills. And then hone them again. To catch a breath, and then catch up on the latest. To get set, before you go.
Nestled on the banks of river Tungabhadra, is a 6 acre setting that allows you to do just that. One that inspires creative thinking and clears the mind before unleashing it again. It is an idyllic yet intense atmosphere. Welcome to KIAMS.
A Brief Profile:
For over a century now, the Kirloskar Group of Companies, one of India's largest industrial conglomerates, has been growing and enriching lives.
In 1991, KIAMS was conceived as a training institute and a knowledge hub where Kirloskar Group managers shared their learning and caught up with the latest movements and concepts n management.
In 1995, the training institute was opened to managers all other the country.
Management Development Programs - for training and consulting education for industry executives
Consultancy - in India and abroad
Kirloskar Institute of Advanced Management Studies
Mr. Gururaj K Khasnis
Gut No. 356 & 357, Near Tata Foundry Village Dhamane, Taluka Maval Pune - 410 506. Maharashtra (Indi
Yantrapur Harihar - 577 602 Karnataka (India)
Pune - 410
Phone : (08192) 241269
Published On:November 1, 2012
Print Release:Print Release
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