Team IIM Ahmedabad were announced the winners of the KPMG International Case Competition (KICC) national finals in New Delhi on March 5, 2016. The case studies were on the aviation sector with focus on defining the long term strategy for an airline that had lost market share and was also challenged on profitability.
The team of four comprising of IIM Ahmedabad students B Ramachandran, Rajaram Suresh, Manu Gulati and Riya Gupta demonstrated a good understanding of the sector and jury members believed that the recommendations would make a positive impact on the financial and operational health of a firm.
The winning team, that was awarded a trophy, prize money of Rs 100,000 will now compete for the global finale in Dubai in April 2016 with 22 teams from other countries.
The competition comprised of three rounds with increasing levels of difficulty and elimination in each round. In the final round, the teams were made to put together a detailed plan of action for implementing the strategy proposed by them in the earlier round.
More than 2,000 students from 11 Indian business schools (IIM Ahmedabad, IIM Bangalore, IIM Calcutta, IIM Lucknow, IIM Indore, IIM Kozhikode, FMS Delhi, MDI Gurgaon, SP Jain Mumbai, XLRI Jamshedpur, Indian School of Business, Hyderabad) participated in the competition this year. ISB Hyderabad and XLRI Jamshedpur were the competition’s first and second runners-up respectively
“It was the perfect finale for the four month journey with the students. The case-study based experiential learning for the students truly came alive with understanding the sector through first-hand experiences,” says Shalini Pillay, partner and head of people, performance and culture, KPMG in India.