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Indian Institute of Management students run one of top simulated
companies in the world
Sonali Gupta, Mahalakshmi Panchapagesan and Sanjoy Joseph of the Indian Institute of Management in
Bangalore were finalists in the 2008 International Business Simulation Challenge, succeeding against a field of 914
competitors running 702 simulated companies from university campuses around the globe. The students used the
Capstone® Business Simulation as a final module in their Executive General Management Program with Professor
Dharam Pal.
Hyderabad, Andhra Pradesh, November 23, 2008 /India PRwire/ -- Sonali Gupta, Mahalakshmi Panchapagesan
and Sanjoy Joseph of the Indian Institute of Management in Bangalore were finalists in the 2008 International
Business Simulation Challenge, succeeding against a field of 914 competitors running 702 simulated companies
from university campuses around the globe.
The students used the Capstone® Business Simulation as a final module in their Executive General Management
Program with Professor Dharam Pal.
Sonali said the team had topped the simulation in their class and felt equipped for the challenge. “We just decided
to give it our best shot and compete with teams from all over the world.”
The Capstone® Business Simulation Challenge is a global online competition held in the spring and fall semester
each year. The competition is hosted by Capsim Management Simulations, Inc®, the world’s premier provider of
business simulations to college graduate and undergraduate students. The competitions are open to all students
who have used a Capsim business simulation in their university course. The winner was Tom Kung from National
Cheng Chi University in Taipei, Taiwan.
Sonali aims to be a social sector entrepreneur, Mahalakshmi to excel in the field of Human Resources and Sanjoy
to someday run a company.
Dan Smith, President of Capsim Management Simulations, said the competition was a great opportunity for
aspiring business people to develop and prove their skills.
“Businesses today are looking for people with experience in decision making who have a strong overall sense of
how business works,” said Smith. “That’s where simulations are a valuable addition to the university experience.
“The International Business Simulation Challenge provides an opportunity for students of all levels to find out if
they have what it takes to run a multimillion-dollar company. Congratulations to the winner, to Sonali, Mahalakshmi,
Sanjoy and the other finalists and thanks to all the students who participated.”
Finalists in Capsim’s Fall 2008 Capstone® Challenge:
Tom Kung, National Cheng Chi University, Taiwan. Dr Andrew Chu (Winner)
Alexander Tsui, Washburn University. Professor Norma Juma
Liao Hong Tao, Webster University. Professor Renee English
Trevor Daly, University of Colorado, Denver. Professor Vinit Desai
Mahalakshmi Panchapagesan, Sonali Gupta and Sanjoy Joseph, Indian Institute of Management, Bangalore.
Professor Dharam Pal
Man Chun Li, Chun Man Wong and Ho Man Wong, Curtin University, Perth Australia. Dr Kyle Bowyers.
Notes to Editor
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We, sansRisk Business Solutions P Ltd, deliver Capstone® Business Simulation to Corporate Managers and
business students (MBA etc.). The Capstone® is owned by Management Simulations Inc., (www.capsim.com),
USA. The simulation is delivered in on-line and on-siteformats.
About Capsim Management Simulations, Inc.
Founded in 1985, Capsim Management Simulations, Inc. (Capsim) is the leading virtual business simulation
program provider worldwide and is a sustaining partner of the AACSB (Association to Advance Collegiate Schools
of Business). Its Capstone® Business Simulation is the world’s premier business simulation that teaches
strategy/tactics, accounting, marketing, finance, human resources, teamwork, leadership, and other topics.
Capsim's Comp-XM®, used in conjunction with Capstone®, evaluates the business acumen of participants.
Capsim works with more than 550 universities, including Harvard, Wharton, University of California/Berkeley,
Northwestern and Vanderbilt, as well as leading businesses, such as Microsoft, Alcoa, BP, Allstate, Samsung,
General Electric and Goldman Sachs.
Visit www.capsim.com for more information and a complete list of past winners.
For more information, please contact:
Dharam Pal
MD
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