Street Smart

Registration Start Date 14th August 2016 - 9:00 PM
Registration Close Date 3rd September 2016 - 11:55 PM
Min Number of Registrants For Group Registration 1
Max Number of Registrants For Group Registration 3
Prizes Worth Rs 40,000

"It's far better to buy a wonderful company at a fair price than to buy a fair company at a wonderful price." -Warren Buffet 

Valuation is at the heart of mergers and acquisitions. If you have a large appetite for numbers or even playing "The Price is Right", this is your chance to experience the thrill of a valuation. Be it a pitch to buy, or a pitch to sell, be prepared for the many challenges that face you when you land at IIM Bangalore. Pull out all your valuation techniques and all those complex models and be the smartest on the street!

Event Details

Round 1 (Pre-Vista Prelims):

  1. This is an elimination round
  2. Online quiz- consisting of 15 questions. Duration - 30 minutes
  3. Register on the Vista website for the online quiz.

(Further details related to the quiz to be shared after registrations)

Round 2 (On-Campus Finals):

  1. 6-8 shortlisted teams have to submit a presentation on a proposed deal along with the rationale behind its selection
  2. Present it to the panel in the final round
  3. One winner and one runner-up to be declared among the teams!

 

Rules

  1. This is a team event, with each team consisting of 2- 3 participants. Members of the team can be from different institutes 
  2. This event is open to business and post-graduate students, as well as students pursuing an undergraduate degree
  3. Teams are required to register on the IIMB Vista website, and participate in the online quiz round. Multiple teams from the same college are allowed
  4. The quiz is to be attempted in a team, not individually
  5. IIM teams with students going on exchange are welcome to participate as long as there are two team members available during Vista 
  6. The participants must carefully read through and agree to the following Terms & Conditions before registering:

All decisions in matters of eligibility, authenticity, and final judgments will be with organizing committee of VISTA, Indian Institute of Management Bangalore.

The format and structure of events are subject to change before the actual beginning of the event

 

Judging Criteria

  1. The depth of understanding of the industry and the firms
  2. The depth of understanding of reasons for M&A
  3. The methodology of evaluating the target/acquiring firms and ranking them in order
  4. The depth of analysis of the data and information provided in the case document
  5. Understanding of pricing in the Pharmaceutical industry and inputs that go into pricing
  6. Quality of the pitch in terms of aesthetic appeal and creativity in design and formatting

Contact Details

Prateek Manudhanya: +91-9990775566 

Email – prateek.manudhanya16@iimb.ernet.in

Sahil Kukreja: +91-9711812454 

Email – sahil.kukreja15@iimb.ernet.in 

Disclaimers:

  1. The data provided in the cases is semi-real, but major drivers and legislation are same as in the real world
  2. Sources for any industry data that are used apart from that given in the cases to be mentioned as footnotes in the slides
  3. The companies are purely fictional, and any resemblance to any company is purely coincidental

Teams to limit themselves to the data provided in the case for the companies and any assumptions are to be clearly stated in the slides

 

Submission Details


Round 1 (Pre-Vista Prelims): 

  1. Team registrations to be done on Vista website
  2. One person has to register from each team with the team details.
  3. Registrations to be done before: 11:59:59 hours, 31st August 2016
  4. Quiz to be held between 2nd-7th September 2016
  5. Results and final case to be released after Prelims

 

Round 2 (On-Campus Finals)

  1. Submissions to be sent to vista.streetsmart@gmail.com
  2. Submissions to be sent before: 11:59:59 hours, 20th September 2016
  3. Subject line of Email: STREETSMART_‹Team Registration ID›_‹Institute Name›
  4. Submission format: .ppt/.pptx
  5. Body of Email: Name, Contact Number, Email Id, Team Registration Id, Institute Name of each team member
  6. Filename: STREETSMART_‹Team Registration ID›_‹Institute Name›
  7. Teams have to submit a pitch book pitching the Acquiring Company to acquire one of the three target firms given in the case document. The pitch should broadly consist of the following:
  • Slide 1: Team name, name of team members, team member's institute's name, telephone number of at least one of the team members, e-mail ids of all the team members
  • Slide 2 to 6: Teams are required to present their analysis in 5 slides with the analysis covering the following aspects:
    • Understanding of the industry and key drivers
    • Understanding of the Acquiring Company and its financials
    • Understanding of the target firms and rationale for acquiring them
    • Ranking the target firms in order of attractiveness with reasons for doing so
    • Listing down additional information needed from the Acquiring Company and the target firms; and how to utilize this information to arrive at a price and what models/valuation methods will be used and why. List down assumptions clearly if valuation is performed using one or more of these methods

Please login to register for this event