Highlights

Chanakya

CHANAKYA
A Business Challenge
Computer Simulated Management Games

Why Simulation

Business simulation is a technique for developing, testing, and evaluating business strategies in a virtual environment before committing real money and effort in the marketplace. With the latest computer technology, state- of-the-art business simulations can manage hundreds of variables simultaneously and provide tremendous realism. AIMA creates business simulations using its unique and powerful software model, Chanakya.

You will have a realistic and enjoyable learning experience, where you actually manage a multimillion company and benefit with:

  1. Understanding the cross-functional relationships among various management functions.
  2. Exposure of running a company in a simulated environment without causing damage to a live company.
  3. Honing operative and strategic decision making skills under constraints of time, finances and information.
  4. Understanding the financial implications of the decisions taken. Helping in finding and employing the available information for the data analysis of their own and competitor's business.
  5. Understanding the importance of team work under trying business situations and above all Gets a synoptic view of a company's operations and experience the thrill of running a company in a competitive environment.
  6. Developing business acumen through business simulation.

About MDP 2021

Business simulation is a technique for developing, testing, and evaluating business strategies in a virtual environment. With the latest computer technology, state of-the-art business simulations can manage hundreds of variables simultaneously and provide tremendous realism. It will provide the attendees a realistic and enjoyable learning experience and benefit with understanding the cross-functional relationships among various management functions, honing operative and strategic decision-making skills under constraints of time, finances and information.

Understanding the financial implications of the decisions taken, and the importance of team work under trying business situations and above all gets a synoptic view of a company's operations and experience the thrill of running a company in a competitive environment, developing business acumen through business simulation.

About NMG 2021

The National Competition for Business Management Simulations (NMG) is the single largest platform that engages and challenges Corporate Managers in in Time Bound Decision Making and Strategizing constraints. It is a National Competition aimed at raising on the ground Business Skills of the Management Fraternity in the country. In over two decades now, more than 10,000 managers and 500 organisations have already benefited from AIMA's Management Business Simulation Games. Competition usually starts around the month of April - May of every calendar year. The business simulation is highly interactive and realistic as one team's decisions affects other teams as in a realistic competitive economy. The decisions are evaluated through the software "Chanakya" developed indigenously in India. The Champion team and Runners Up I of the NMG go on to represent India at the Asian business management simulation Games (AMG).

Past Winners

  • 1st - NTPC
    2nd - SAIL Rourkela
    3rd - SAIL Burnpur
    NMG 2020
  • 1st - IOCL
    2nd - SAIL-RSP
    3rd - Tata Steel Ltd
    NMG 2019

About YMS 2020-21

AIMA - the apex body for Management is celebrating its Diamond Jubilee this year. It has worked closely with the managers across levels to bring newer formats to enhance and accelerate their learning.

AIMA is pleased to launch its first Young Managers Simulation Championship (YMS 2017) in Delhi. It is specifically designed for managers who are less than 35 years of age and would expose them to the world of taking critical business decisions in the process develop business acumen through Business Simulation.

Over the years, more than 10,000 managers and 400 organizations have already benefited from AIMA's Management Games. YMS would be a team based Competition and the only of its kind in India.

Past Winners

  • Winners - HPCL
    Runners up I - SAIL-Rourkela
    Runners up II - Maruti Suzuki Ltd
    YMS 2019-20
  • Winners - HPCL
    Runners up I - NTPC Ltd
    Runners up II - Maruti Suzuki Ltd
    YMS 2018-19

About SMG 2021

These are organised primarily for students of business schools and professional/academic institutes to help them hone their business acumen through business simulation. SMG is a National Championship played across the country. These Games are computer-based simulations that imitate market and economic reality. Students get the opportunity to experience the management methodologies, tools and techniques in real life. All kinds of students can participate including Engineering, Sciences, Business, anybody who aspires to be a part of the Corporate World. One could be in a Graduate or Post Graduate School. The entire module works even better for students coming from a non-commerce/business background, it gives them a learning that elevates their exposure/experience scale instantaneously over their peers.

SMG is held during August - September - October of every calendar year. Since launch of SMG in 1997, over 12,000 students from 250 B-Schools and other institutions have benefited from this unique learning experience in a competitive environment in the process develop business acumen through Business Simulation.

Past Winners

  • National Winners – Amrita School of Business, Coimbatore
    Runners Up – Xavier Institute of Management and Entrepreneurship, Bangalore
    Runners Up II – G. H. Raisoni Institute of Management, Jalgaon
    SMG 2019 (128 teams)
  • National Winners – GRG School of Management Studies, Coimbatore
    Runners Up – SGT University (Faculty of Commerce & Management), Gurgaon
    Runners Up II – FMS, Pacific University, Udaipur
    SMG 2018 (175 teams)