Mumbai: To educate the young generation on equity and process based equity investing, Motilal Oswal Asset Management Company has partnered with The Red Brick Summit, the flagship Annual Symposium of IIM Ahmedabad to create a unique initiative – the ‘Motilal Oswal Think Equity Think QGLP Contest’.
The contest provides a great forum for B-school students to test their stock-picking skills, present the same to a distinguished panel, and win attractive cash prizes along the way.
As part of the contest the participants from various Business Schools need to familiarize themselves with the QGLP stock picking methodology. Using the methodology, they need to pick a stock and give a rationale for the same in the prescribed format. The various entries would be shortlisted by senior fund managers at MOAMC and the top 10 entries would get a chance to present their investing idea at the IIM Ahmedabad
Red Brick Summit 2017 to a jury panel of stock market doyens comprising Mr. Raamdeo Agrawal (Chairman, MOAMC), Mr. Ramesh Damani (Member of the Bombay Stock Exchange) and Mr. Utpal Sheth (CEO and Senior Partner at Rare Group).
The Contest is open to all students currently studying in B-schools in India.The last date for receiving entries is 07 Sept
2017. The top 3 investing ideas adjudged by the panel would get prize money of Rs 5 lakh, Rs 3 lakh and Rs 1 lakh respectively
Speaking about the contest Mr. Raamdeo Agrawal, Chairman MOAMC said, “My investment journey has taken me from 0 to 1,000 crores in 30 years. But the journey may be much shorter and much more exciting if you adopt the QGLP stock-selection methodology, which took me 30 years to formulate. The Motilal Oswal Think Equity Think QGLP Contest under the aegis of The Red Summit, IIM Ahmedabad is a great opportunity for students to test their QGLP skills, kick start their investing journey, and earn attractive cash prizes along the way. My best wishes to all participants.”
Talking about the euphoria on this innovative contests Garima Singh, Corporate Communications IIMA said, “This is singularly the biggest stock pitch challenge in the country, and comparable to the biggest in the world. With such established and esteemed personalities listening to your ideas, it is something that very few investment enthusiasts would have even dared to dream about. Adding the total prize money of INR 8 lakh on offer, this event is simply the most irresistible across all management symposiums in the country. Only fair that it takes place at the mecca of management education in India. The Red Brick Summit is proud and excited to host an event of this caliber among a bouquet of 25 other business competitions and workshops.”