- Consortium (VNIT)
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CONSORTIUM Organisation type Student-run non-profit business event Founded 2010 Place Nagpur, India Institute VNIT, Nagpur [1] Website consortiumvnit CONSORTIUM, an initiative by the students and E-CELL of VNIT Nagpur, is the business and management festival of Visvesvaraya National Institute of Technology, Nagpur, India. It is an annual extravaganza which takes place in mid January every year. Initiated in 2010, Consortium is one of the very few bizfests in India to be organised by engineering undergraduates. Students from various institutes in the country take part in many of the events organized as a part of Consortium. The prime motive of the fest is not only to test and brighten the managerial skills of the participants but also to promote a general business acumen & to ignite a much needed Entrepreneurial thinking in the dynamic youth of India.
Consortium attracts thousands of participants in various contests. Events include Corporate contests, traditional business contests, Crowd Magnet events, the B-Plan competition & many Online Events too, which are judged impartially by noted academicians and industrialists. However, the E-Summit is the most notable event attracting the highest number of attendees from all over the country.
The first edition of this fest was organized in 2010 and it enjoyed quite a good success, going by the fact that it was its birth year. The next edition which was held in 2011 changed the way Bizfests are defined, with a phenomenal success. Consortium '11 attracted a large number of participants from all over India and was a typical CLASSIC college festival. With this, Consortium has easily gone on to become CENTRAL INDIA's LARGEST Business Festival and one of the largest in the whole of India. It is also the ONLY BizFest organized in Nagpur city. The next Consortium, i.e. CONSORTIUM '12 is scheduled to be hosted from 13–15 January 2012. Various new events and many surprises will be added to the already existing ones. With all these in store, Consortium '12 promises to be one of a kind of fest which will test your skills and at the same time give you the thrills and enjoyments missing from your regular academic schedule.
Consortium has been on an exponential rise ever since its inception and major reason towards this are the mega sponsors which it boasts of. The funding for the event comes exclusively from the sponsors which are roped in by the student organizers. The enormous Prize money of all the events are also sponsored exclusively by the fest's sponsors which include various MNCs and many other small & big firms from Nagpur and outside.
Despite being primarily a student fest, Consortium in no way imposes any bar on the age of participants and rightly so, has been privileged to witness the participation of working professionals from many industries, the Merchant Navy etc. in the past two years.
Like any good college fest, mouth-watering food items are readily available to feast upon throughout the fest.
Following are some of the minor details about Consortium. One can get all the latest information about the fest at the Official Consortium website or by directly contacting the Consortium Team.
Contents
E-SUMMIT
E-SUMMIT or the Entrepreneurship Summit is a mega ensemble of successful and the budding entrepreneurs from various aspects of life and from different industries with a mission to help carve out a path of success for the ambitious young entrepreneurs of the future. E-Summit usually takes place on the final day of the fest. E-Summit comprises a mega Conclave & Panel Discussions between the proven winners, i.e., the big wigs of the corporate world and the young aspiring winners of tomorrow. E-Summit provides a platform for all of them to come together and think out of the box to promote the entrepreneurship culture amongst the students who dare to think that 'Creating a Job is better than finding one!'. It also hosts guest lectures by eminent people from the academia & industries or people from other aspects of the world who have made it big in their lives. In the past, E-SUMMIT has been host to various people like Mr. Vivek Mohan, MD- Abott India, Mr. Raj Nair, CEO- Avalon Consultants, Mr. Deepak Deshpande, western region Head of Nasscom and Vice President of NetMagic Solutions, Mr. Jay Chopde, CEO- InfoSpectrum, Mr. Ashwin Balivada, CEO- Imperial Distillers, Mr. Nitin Sudame, MD- Spacewood, Mr. Faiz Wahid, Chairman- Pmanifold, Mr. Kaustubh Katdare, CEO- CrazyEngineers Technologies Pvt. Ltd. and many more. E-Summit, every year, is officially sponsored by TiE Nagpur. TiE members themselves make it a point to attend E-SUMMIT every year and also lend support by providing Official Moderators for the Panel Discussions. All these and much more make E-SUMMIT the perfect symposium of Entrepreneurs.
Corporate events
Corp War
The participants have to take various decisions in the role of a top professional from the corporate world and have to go right up to the top against the brightest minds in the toughest situations.
MaxX-Pro
One of the major events wherein, the participants have to analyse data of a fictional company and implement measures to cut down the used resources or optimize their usage without affecting the quality of the product/service, at the same time working towards the goal of MAXimum PROfit.
HRM
The event builds the environment of the ultimate corporate jungle where staying alive means being both street smart and book smart. The participants have to take the role of managing the Human Resource of fictional MNCs. It is made sure by the judging panel that the smart survives each level.
Kaizen
One of the abstract events @ Consortium, it has been designed to test the Lean Management skills of the participants.
Radio FM
In this event the participants are given virtual cash and are made entrepreneurs of Radio Telecasting market. Depending upon their channel's popularity, the next big Radio Station is revealed.
Traditional events
Biz Mantra
Another mega attraction at Consortium. The last & current year have been a mind boggling ride through the world of marketing and sales. Spun by your own Mantra for success in the Bizworld, you are made to out-think the established marketing gurus. So if you think you have the right attitude to compete at the top level, then game on.
Sansad
The Mock Parliament contest. Participants are made to compete in a simulated Parliament environment where qualities such as innovative thinking and decision making skills are tested.
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The Crisis Management event. Here, we are looking for the 'One' who can make the difference, who can rise above the obvious, who can go beyond the odds and the limitations, who carries the swords of intellect and innovation and the one who can rise to the occasion where others have failed.
Sosyal Manoos
This event is an attempt to create a base of students of technological, management and other reputed institutes, to address the problems of rural India and unravel them via a socio-managerial vision. The competition puts actual burning problems of the rural Indian society in front of the contestants and they have to develop solutions for them in their unique way.
Crowd magnet events
Entrepreneur
Here, the participants take the role of brand new Entrepreneur willing to start a business for which they are given certain amount of investment capital and they are supposed to make the maximum out of it in terms of goods, turn-over, human resource value etc.
AD-venture
The Advertising event at Consortium, designed to test the ability of the participants to create brand awareness in general public and make a business more popular in the circle of potential buyers.
Car-Nama
Another star attraction at Consortium. Participants are supposed to bear the maximum number of cars in a witty, compelling, fun-filled virtual car business with the use of various schemes by buying, selling, loaning, & mortgaging cars to emerge the winner with the highest no. of cars at the end.
EPL Manager
This one for the fans of the Beautiful Game. Does Wenger's lack of transfer activity bother you or do you think you might be better than Mourinho at managing the superstars of Madrid or Fergie's numerous losses out of refereeing blunders irritate you?? Well!! Stop criticizing because this is your chance to do everything yourself!
B-PLAN
The B-Plan is one of the biggest attractions at Consortium. It has been precisely designed to test one's business acumen from various perspectives. Boasting of a massive cash amount to be taken away as the prize for winning, It has always been one of the major & one of the hottest things at Consortium, and will continue to do so in future too.
Informals
Informals do not require any prerequisites and run all day throughout Consortium. "Management is a skill, not only a performance!" With this thought various on-campus and online events of non-formal nature are also organised. Events like PaintBall have been extremely popular amongst the crowd.
Online Events
Online events like BizzQuiz, Dalal Street, Jugaad etc. have been hosted successfully in the past at Consortium.
Theme
Every edition of Consortium has a unique theme associated with it which symbolizes its CORPORATE SOCIAL RESPONSIBILITY (CSR). The Theme at Consortium '11 was called "छोटी सी आशा". Whoever said charity begins at home couldn't have been more right! And that is exactly what was done at CONSORTIUM '11- finance with a difference. Everybody talks about financing the ideas presented in digital multimedia, but the Consortium team dived straight to the root of this-to-that voice of a vendor who aspires big. To convert his dreams into absolute realities, Consortium financed his start up. Because this is where the idea germinates, it's a very " छोटी सी आशा ", a hope to one day reach beyond the skies and sail past the westmost abode of the distant stars, because it all starts with a small hope, with a " छोटी सी आशा " One year Later, at Consortium '12 the theme is larger and is being taken to newer heights.It has been rechristened as Prajjwalan, figuratively meaning "Lightening of the Lamp of Hope". And this is not merely Lightning, it is a continuum of efforts that ultimately lend themselves to the warmth and light to lighten the fire of hope, the fire of change. One major way of dong this is through microfinance – to orphanages, Women Self Help Groups, farmers, artisans, NGOs, Small scale Medical Services, etc. Let this be everyone's Apollo moment, "One small step for man, one giant leap for mankind"!!!!
See also
References
External links
National Institutes of Technology (NITs) Institutes About Schools of Management Techfests Culfests Bizfests Categories:- College festivals in India
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