National Management Games - 2024

33rd National Management Games (NMG): NMG offers an excellent opportunity for identified leaders to familiarize themselves with Business Management concepts and hone their skills in a simulated environment. Participants will gain insights into the challenges faced by top leaders, decision-makers, and administrators, allowing them to formulate business strategies and make informed decisions. The competition is open to all working professionals and academia, irrespective of age. Please find further details in the attached brochure.

• Dates: 25th June – 31st August 2024
• Mode: Team Participation
• Participation Fee: INR 28,000 onwards

The National Competition for Business Management Simulations (NMG) is the single largest platform that engages and challenges Corporate Managers 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 Business Management Simulation Game. 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 affect 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 Management Games (AMG) and later at Global Challenge Trophy. It could be your company's chance to win the National Championship and have the honour of representing the Country at both the Competitions.

NMG 2024 Dates and Venues

Details will be All Rounds will be conducted Online

The Game Process

1. We use proprietary software "Chanakya" for the 2 day Business Simulation Programme that is conducted by the faculty from AIMA.
2. All participants are divided into team of 2-3 members. Each will be designated the position of CEO, CFO, COO or CMO to take care of each function of the company.
3. Hypothetical case scenario is presented to the participants. They have to take decisions to maximize the winning criteria. After every round new developments are intimated to them like strike by labor, increase in cost price etc. Case presented will be on a particular industry that we have developed, considering the real world conditions. For Example we have the Steel Industry case where there are 4 different finished products with different selling prices and two raw materials are required to produce these finished goods.
4. First day will start with short briefing of 1-2 hour that detail the simulation, followed by 5 Qtrs/ decision round of 2 hrs each that are spread over 2 days.
5. Teams will compete in the market to maximize pre-defined winning criteria by selling the company product line in the market.
6. Participants give their Decisions and we input them in our software "Chanakya". Based on the decisions taken by the whole group our dynamic programme calculates the winning criteria.
7. They will decide on the pricing of the product, advertising of the product, taking bank loan to maintain the cash flow, buy plant & machinery etc. All team members will take decision to out-perform their competitors.
8. We play 5 rounds and in each round we give market updates like change in labour cost for producing the finished good, increase in raw material cost, change in government policy that can increase taxation on the finished goods etc.
9. All decisions taken by team will affect their competitors too. For Example, one team Advertising will be able to sell more in the market compared to others who are not spending on advertisements.
10. Exercise covers all aspects of business i.e. Finance, Marketing, Operations etc. A whole lot of decisions need to be taken by a team in each round, so all 4 members have to participate closely to meet the deadline.

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