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Welingkar students from India win prize for new business ideas

12-17-2010 11:27 PM CET | Science & Education

Press release from: Ad Factors

/ PR Agency: Adfactorspr Pvt Ltd
Welingkar students bag first prize for their innovations on the topic of safeguarding environmental resources.
Mumbai, Dec 15, 2010:-- Students of Welingkar Institute of Management Studies outshone leading B-schools of India. We School students bagged the first prize for their outstanding performances in the next generation business leaders’ competition organized by the Rotary Club of Bombay and Mega Ace Consultants held at the Taj Group of Hotels, Colaba on the 14th of December, 2010.
Standing out amongst the city’s ten management colleges, PGDBM students of the Business Design course at Prin L.N Welingkar Institute of Management Studies showcased their talent in the competition on ‘The Energy Challenge Problems and Prospects’ and the Role of green sources meeting India’s demand’. Along with ‘Welingkar Institute of Management Studies’ the other four colleges that competed in the finale were JBIMS, NMIMS, Shailesh J.Mehta Institute of Management Studies and Vivekanand College.
The students of ‘We School’ who bagged first place were felicitated with cash prize of Rs. 25,000 and it has been the second year in a row that ‘We School’ students have bagged the prestigious Mega Ace prize. Last year the students had bagged second prize for a similar competition organized by Rotary Club of Bombay and Mega Ace. Subsequently the runners-up of this year’s competition are NMIMS and Jamnalal Bajaj Institute of Management Studies. They were also felicitated by the Rotary Club of Bombay and Mega Ace Consultancy
Dr. Poonam Kumar Chairman of Mega Ace Consultancy said, “The objective of this competition was to fill the gap between supply and demand energy using green resources. Since inception our focus has been on research which can be achieved by exploring the talent from B-schools. Our aim has been to help international trade affairs.”
Dr Poonam Kumar also applauded the talent of the students of We School. She said, “The institute has always showcased talent of high calibre supported by creative attributes.”
The award winning project of ‘We School’ students involved a unique business model whereby the students highlighted the role of carbon credits to increase green energy and enhance living conditions of people in rural areas. The students felt that the concept, if implemented, would be cost effective and would also allow for remote areas to be supplied with electricity

About WeSchool
The Welingkar Institute of Management Development and Research (WeSchool) was established in 1977. The fulltime program started with the Mumbai University MMS course in 1984, which received a good response. This laid foundation for the launch of the fulltime AICTE approved PGDBA program started in 1993. Welingkar started developing and establishing contacts by reconnecting with the alumni who were by then a part of the corporate world. Welingkar also has a state-of-the-art and sprawling campus in Bengaluru. Recently, the brand identity of Welingkar institute metamorphosed to WeSchool to reflect the philosophy of change and represent the multiple campuses that Welingkar has. WeSchool offers Postgraduate Programs (PGDM-flagship course) with specializations in Marketing, Retail, Finance, HR, Systems, Operations, PGDM E-Biz, PGDM Business Design and MMS. It also offers other AICTE approved programs such as PGDM Family Managed Business (PGDM FMB), PGDM Retail management, and PGDM Executive Program (Full Time). Design thinking, Innovation and Leadership are key to the Welingkar experience.For more details visit: http://www.welingkar.org

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