The competition, which aims to nurture future consultants who will drive business transformation and growth, saw the Indian School of Business (ISB) emerge as the victor. The Indian Institute of Management Bangalore (IIMB) and Faculty of Management Studies (FMS) secured the first and second runner-up positions respectively, while the Indian Institute of Management Lucknow (IIML) was honored with a special jury award.
Accenture has concluded its eighth edition of the B-School Challenge, spotlighting innovation under the theme 'Reinvention in the Age of Gen AI.' The competition, which aims to nurture future consultants who will drive business transformation and growth, saw the Indian School of Business (ISB) emerge as the victor. The Indian Institute of Management Bangalore (IIMB) and Faculty of Management Studies (FMS) secured the first and second runner-up positions respectively, while the Indian Institute of Management Lucknow (IIML) was honored with a special jury award.
Top Teams Rewarded with INR 10 Lakh Prize Pool
The winning teams were awarded a total prize pool of INR 10,00,000 (10 lakh). Additionally, the top three teams received coveted pre-placement interview opportunities with Accenture, providing them with a significant advantage as they enter the job market.
Record Participation and Intensive Evaluation Process
This year’s challenge attracted a record participation of approximately 11,000 students from 16 top business schools across India. Over the course of two months, participants navigated through four rigorous evaluation rounds.
The competition commenced with a rapid-fire quiz aimed at testing participants' critical thinking and analytical abilities. This was succeeded by an interactive online simulation where students, role-playing as Chief Operating Officers (COOs), were tasked with making strategic decisions to drive business profitability. Following this, ten teams from each participating school were shortlisted.
Workshops and Masterclasses Enhance Skills
Accenture provided the shortlisted teams with storytelling workshops and industry-specific masterclasses to refine their presentation skills and deepen their industry knowledge. In the third round, teams presented solutions to business challenges across various sectors including consumer goods, banking, energy, mobility, life sciences, and communications. The top eight finalist teams were then mentored by Accenture leaders in preparation for the final round.
Jury Evaluates Final Presentations
The finalists presented their business strategies to a distinguished jury comprised of industry veterans and Accenture executives. The jury included:
Q: Is ISB Hyderabad better than IIM?
ISB Hyderabad is one of the leading institutes for MBA. The comparison table below showcases how ISB Hyderabad and other IIMs performed during the 2023 placements:
| Institute Name | Average Package (2023) | Total Companies (2023) |
|---|---|---|
| ISB Hyderabad | INR 34.08 LPA* | 324 |
| IIM Indore | INR 30.21 LPA (PGP/ IPM) | 160+ (PGP/ IPM) |
| IIM Lucknow | INR 32.20 LPA (PGP & PGP ABM) | 200+ (PGP & PGP ABM) |
| IIM Kozhikode | INR 31.02 LPA (PGP/ PGP LSM/ PGP Finance) | 123 (PGP/ PGP LSM/ PGP Finance) |
*The amount mentioned is for the 2022 drive, as the 2023 average package is unavailable.
Q: How are IIM Bangalore placements as compared with other top IIMS?
Refer the below-mentioned table for IIM Bangalore placement statistics 2023 as compared with other top IIMs such as IIM Ahmedabad, IIM Calcutta and IIM Kozhikode:
| IIM Name | PGP Average Package (2023) | PGP Median Package (2023) | PGP Offers Made (2023) |
|---|---|---|---|
| IIM Bangalore | INR 35.31 LPA | INR 33 LPA | 606 |
| IIM Ahmedabad | INR 34.45 LPA | INR 31.58 LPA | 385 |
| IIM Calcutta | INR 35.07 LPA | INR 33.67 LPA | 573 |
| IIM Kozhikode | INR 31.02 LPA | INR 27 LPA | 559 |
Note: The Maximum Earning Potential is considered for the IIM Ahmedabad salary packages shown above.
Q: What makes CAT tougher than other MBA entrance exams?
- Ashween Anand, CFO, Tata Starbucks
- Suhel Bidani, Digital Lead, Bill & Melinda Gates Foundation
- Mathew Cyriac, Chairman and Whole-time Director, Florintree Advisors
- Dr. Suresh Ramanathan, Dean & Principal, Great Lakes Institute of Management
- Suresh Nanduru, India Lead for Strategy & Consulting – Global Network, Accenture
- Prithvijit Roy, Managing Director, Lead - Data & AI, Strategy & Consulting – Global Network, Accenture
- Juhi Munjal, Managing Director - Data & AI, Strategy & Consulting – Global Network, Accenture
A Diverse Range of Top Business Schools Participate
Participating schools this year included prestigious institutions such as Indian Institute of Management Ahmedabad, Indian Institute of Management Bangalore, Indian Institute of Management Calcutta, Indian Institute of Management Lucknow, Indian Institute of Management Kozhikode, Indian Institute of Management Indore, Indian Institute of Management Udaipur, Indian School of Business, Faculty of Management Studies, Jamnalal Bajaj Institute of Management Studies, S.P. Jain Institute of Management and Research, Xavier School of Management (XLRI), Indian Institute of Foreign Trade, Management Development Institute, National Institute of Industrial Engineering, and Tata Institute of Social Sciences.
Read More:
Follow Shiksha.com for latest education news in detail on Exam Results, Dates, Admit Cards, & Schedules, Colleges & Universities news related to Admissions & Courses, Board exams, Scholarships, Careers, Education Events, New education policies & Regulations.
To get in touch with Shiksha news team, please write to us at news@shiksha.com
"Writing is not about accurate grammar, it's about the honest thoughts you put in it". Having a versatile writing style, Anum loves to express her views and opinion on different topics such as education, entertainme... Read Full Bio
Related News
Latest News
Next Story