30th July'10 – First Monthly event of 2010-11

The new academic year received a very good and an overwhelming response from the new batch of 2010-12. The fresh batch, which mostly constituted of professionals with more than 2 years of experience were able to relate very deeply with Quantinnum. We received a huge response from them, and recruitment of new members to the team is in progress.

30th July'10 saw a very promising beginning for Quantinnum. The event was launched with a speech from our mentor – Professor Nilakantan. He also advised the students about the importance of Quantative methods in various areas of business. There was a quiz organised after this enlightening speech, and we received an overwhelming response from our juniors. 13 teams, each comprising of 2 members were formed. The quiz started of with a Qualifying round. Teams which qualified in this round were then further tested on their business knowledge  in a special business quiz.

First Prize Winners

In the Qualifying round, the participants were asked several interesting questions which tested the participants of their basic quantitative knowledge and application skills. 5 teams qualified in this round and competed in the business quiz. The questions were very diverse, and the students were tested of their basic general knowledge of the world of business. The questions varied from some basic GK questions, to identifying the logos of companies, identifying some famous personalities, and finding the connection between pictures. In all, it was a very interesting and a fun event, which was enjoyed by everyone.

Second prize Winners

The competition was very close. Even after such tricky rounds, there were 3 teams which were locked in a tie. These teams were asked 5 additional questions in a nail biting tie breaker round, and the final winners were then declared. The winners thus, had won only by a few differences in the overall points, which added to the thrill of the event. The first prize was won by Harshit Anjaria and Pranit P.Ghosh from PGDM A and the second place was bagged by Devesh Dutt and Ankit Varma, also from PGDM A. The triumphant prize winners were given cash prizes of Rs 150 and Rs 100 respectively. The event gave all the other students a motivation to participate in more events, and add more laurels to their list of achievements. It helped us to move a few more steps ahead in our mission – which is to spread the knowledge of quantative techniques, and to generate an interest in it among everyone.

Following the Quiz was a knowledge sharing session by Tarun Sethi from PGDM A. Tarun captivated the audience with a very enthralling session where he shared some of the sutras in Vedic mathematics that help us simplify complex calculations. These methods are extremely easy, and very useful, especially in daily life. For example, you may often have to divide or multiply 2 or 3 digit numbers sometimes when you go to a restaurant with a group of friends, and need to split up the bill among yourselves. These methods really prove useful at such times.

We will be back with more updates. Watch out for our next news letter – we promise to give you more.

Posted by - Anindita Chatterjee, Member - Quantinuum