National Insurance Academy (NIA) is gearing up for its annual management fest — Manthan 2018, which will take place on February 23-24. The two-day festival, which was first launched in 2004, will be a mix of techno-management, cultural and sports events. The festival will be held at NIA’s Balewadi campus.
Highlighting some of the exciting events at the fest, Dushyant Vora, a Second Year student and Manthan coordinator, says, “We will have 16 events including a few management events like Manager of the Year, Business Plan and Paper Presentation.
But the highlight is the Manager of the Year which will go on for 24 hours. It will start at 10 am on February 23 and end the next day. In this event, participants will be given some kind of managerial tasks related to finance, marketing, IT and others. They will be tested on how good they are in their managerial posts. They will just get lunch and dinner breaks and will be not be able to sleep. Even the judges will have to stay awake so each section will have a different judge.”
He says that another task is the Business Stimulation game. It will be conducted by the faculty of S P Jain Institute of Management and Research. “The game is online and there will be four teams. Participants will have to formulate a strategy to handle the situation,” adds Vora.
As for the cultural events, Vora says that this year they are starting with Battle of Bands for which they have received four registrations and are expecting more. “There are two prizes in this category, the first is Rs 15,000 and another of Rs 10,000. Along with this, there is also solo singing, group dance and fashion show,” he says, adding that there is a treasure hunt and box cricket too.
Vora says, “The tagline of Manthan is ‘Educate, Entertainment and Inspire’. As the name suggests, Manthan means a combination of two or more events which give rise to something unique. Likewise, we didn’t want this event to be just managerial, technical or fun but a combination of everything.”
Vora proudly shares that the cash prize has gone up this year. “There is cash prize for each and every event. Last year, the cash prizes were more than Rs 1 lakh. This year, it’s around Rs 2.5 lakh in total,” he says. He adds that even the number of participants are expected to be more this year. “We have several top colleges like K J Somaiya Institute of Management Studies and Research, L N Welingkar Institute of Management Development & Research, along with Pune-based institutes like Indira Group of Institutes, Balaji Institute of Modern Management and MITCON,” he says,0 adding, “Around 15 colleges are participating and we are waiting for confirmation from many others. Last year, 300 students had participated, but we are expecting close to 450 students for this edition,” he rounds up.