• IIM-Ahmedabad revamps Confluence to deal with downturn woes
     August 20th, 2012     Kunal     Posted in Education In Gujarat, Gujarat in News

    The economic downturn will dominate Indian Institute of Management, Ahmedabad (IIM-A)’s international business summit — Confluence 2012. To be held this year from November 30 to December 2, the flagship business summit of the institute has been revamped to reflect the expectations from the management students in the current business scenario. Several events at the summit have been modified to reflect the economic turmoil and engage students in insightful discussions on the situation.

    With the theme “Changing winds: New Paradigms of Leadership,” Confluence 2012 aims to bring together industry leaders, policymakers, inspiring personalities, budding entrepreneurs and the student community at one platform. Confluence will attract participation from around 200 colleges in India as well as many international universities.

    “A reflection of the turbulent economic times, the theme reflects the need for changes in society, politics and economy worldwide and need for new benchmarks for leadership in all fields,” said Narendra Singh Yadav, secretary, Confluence 2012.

    Based on the theme, the institute introduced new events this year like bond market and commercial loan simulation event to test understanding of finance concepts and understanding of markets. The other new event is Technopreneur, where participants need to provide a technology innovation and then students of IIM-A will guide them to take their innovation at a commercial level. IIM-A will continue its hugely popular events like Masterplan, Mousetrap, Bizzquizitive and Corporate Combat this year.

    “As the world goes through these aches and pains of change, some questions become poignant in our minds — as future business leaders, what will be our role in shaping our world? What kind of a generation of leaders will it take to tackle problems of inclusive growth, sustainable growth amidst challenges posed by uncertainties like economic uncertainty, political uncertainty and environmental uncertainty?,” said Yadav.

    On August 11, IIM-A launched Confluence 2012 with National Case Masters (ICM), a case writing competition. A flagship event of Confluence, ICM aims to promote case writing among students, researchers and faculty members with a prize money of Rs 1.8 lakh.