IIM students make India proud

Source: The Hitavada      Date: 26 Mar 2018 11:24:10



Staff Reporter

A team of three Post Graduate students from the Indian Institute of Management (IIM) Raipur have become the only Indian team to make it to the top 10 finalists in the Kellogg-Morgan Stanley Sustainable Investing Challenge 2018, making the nation proud.Shreyash Sill, Rabjot Singh and Karan Bhandari will present their investment proposals at Morgan Stanley Conference Centre, London on April 13. The Kellogg-Morgan Stanley Sustainable Investing Challenge supported by the Rockfeller Foundation USA, seeks to identify outstanding proposals offering novel investment strategies to meet some of the most pressing global challenges ahead.

The highly coveted global event attracts the best social enterprising ideas from top business schools across the world every year. This year, more than a hundred investment proposals submitted across 32 countries were evaluated, which includes the likes of Stanford Graduate School of Business, Harvard Business School, London School of Economics and Oxford University. “The objective is to apprise the panel with a highly innovative and sustainable investment strategy named Akshara –The Undying Spirit, aiming at providing financial and social security alongside alternate employment opportunities to women engaged in prostitution”, said Shreyash Sill, one of the team members.

Dr Sabyasachi Mohapatra, Assistant Professor at IIM Raipur, and the academic mentor expressed appreciation for his team’s novel proposal. “The students have done a fantastic job by building a social enterprising proposal, with far reaching implications. It’s high time that we target to increase the scope of financial inclusion by broadening the outreach of the Indian capital markets’ success and benefits. Let it not just remain a cash cow for the selected and privileged few. We hope the jury finds a cause in this idea”, said Professor Mohapatra.