Business Club

From Metakgp Wiki
Jump to: navigation, search
Business Club, IIT Kharagpur
Activities Finance, Consultancy, Analytics
Founded 2009 (2009)
Founder(s)
  • Shailesh Gupta
  • Harsh Gupta
  • Sudipto Sannigrahi
  • Mayank Mundra
Website bclub.co.in
Contact
  • +91 707 660 7515 (Kumar Sparsh)
  • +91 993 389 9257 (Udit Sarin)
Under TSG Yes

Business Club, popularly known as B-Club, is IIT Kharagpur’s in-campus society for all things business. It is a knowledge sharing interface for like-minded individuals operating through a ‘knowledge-session’ approach. The Club also reaches out to the student community by organising Open House sessions, and increasingly, the general public, through initiatives like the Financial Literacy Drive.

History[edit | edit source]

Founding[edit | edit source]

Business Club was founded in 2009 as Genese-de-Strategie by Shailesh Gupta, Harsh Gupta, Sudipto Sannigrahi, and Mayank Mundra. Genesie-de-Strategie was started with a primary objective to educate the students about the world of business strategies. The founders felt a need for students to be informed about the working of the business world for their growth. Over the course of a year, they realised the need to have a more wholesome approach to the world of business. They formed the Business Club in 2010 with a broader perspective toward business.

Growth[edit | edit source]

  • Indian Case Challenge and the Indian Biz Challenge organised by the Club have been huge success over its growth years.
  • Affiliation to Technology Students’ Gymkhana (during the academic session 2014-15) brought official recognition to the club.
  • The Business Club has started to reach out to the entire student population of the college by conducting Open House Sessions for their benefit.
  • Financial Literacy Drive organised by the club has been an attempt at helping the society with the expertise available with them.

Functioning[edit | edit source]

Ashutosh Dwivedi and Shiladitya Saha conduct the B-Club freshers' seminar in Kalidas auditorium in 2015.

Selections[edit | edit source]

Selections to the Business Club are held at the start of the academic year and are a one-time opportunity. Selection procedure consists of a group-discussion round followed by personal interview for the shortlisted candidates. Prospective members aren’t judged based on their business acumen, but on their ability to think clearly, present thoughts in a concise and structured manner, their dedication, and their zeal to learn.

Structure[edit | edit source]

Business Club has a four-levelled organisational structure.

  • Advisors consist of fourth and fifth year members and are the senior most members whose experience helps in guiding the overall direction of the club.
  • The executive body comprises of Governors and Heads who are in the third year of their study. They are responsible for heading various wings of the club and its management.
  • The team of Sub-heads is responsible for day-to-day functioning of the club and execution of its plans. It consists of students in second year of their study.
  • Associates are the first years who have a passion to win and are generally business oriented. These members are oriented towards gaining as much knowledge as they can from the pool of knowledge available with the seniors.


The functional structure of Business Club consists of three wings – finance, analytics and consultancy. These wings include all that happens within the world of business.

Knowledge Meetings[edit | edit source]

Organising knowledge meetings is the way by which knowledge dissipation happens in the Club. These meetings are conducted by Club members, where they meet and brainstorm on various topics of interest. A strong network consisting of resourceful seniors and mentor professors clarify any doubts the members may have and make the meetings fruitful.

Club members also work toward organising various competitions and Open House sessions and initiatives like the Financial Literacy Drive which build up their professional network and management skills.

Open House Sessions[edit | edit source]

Business Club is striving to impart basic knowledge about the various facets of business, thus making the students of IIT-Kharagpur more capable of making a mark on the ever evolving global industry.

Open house sessions in basic finance, supply chain management, consultancy et. al organised in conjunction with leading experts from their industries have gone a long way towards this.

Indian Case Challenge[edit | edit source]

Indian Case Challenge was conceived by the founders when they visited Germany for the Global Business Challenge. Inspired by the nature of the competition, they recognised the importance of having a similar competition in India, and thus Indian Case Challenge was born.

Started in 2012,Indian Case Challenge,a national level case study competition, became one of India’s largest in terms of the participation it sees and the prize money at stake. It challenges the best Undergraduate and Graduate students from all over India to compete against each other and prove their business and entrepreneurial mettle in a real life business case scenario. Not only are the participants expected to have strong business skills and financial understanding, but also a feeling for entrepreneurship and a sense for realising market opportunities.

The 2016 edition was  conducted in association with Kshitij-the annual techno-management fest of IIT Kharagpur.ICC 2016 saw B-club joining hands with CIMA,XIMB and RMSoEE.as knowledge partners.It was sponsored by CIMA and ITC. With more than 600 teams registering,it saw participants from all over the country passionately thinking of out-of-the-box ideas.  

Financial Literacy Drive[edit | edit source]

In order to expand the reach of the club and help the community along the way, a Financial Literacy Drive for disadvantaged poor households in an around the campus of IIT Kharagpur was organised.

The objective was to bring forth the advantages of savings and insurance schemes with particular focus on financial instruments like fixed and recurring deposits.

Club members visited the localities, communicating ideas on a door-to-door basis, reaching over 200 families in the process. A talk on Financial Literacy for farmers was also held at Agri-Expo 2015.

Governors and Heads[edit | edit source]

2014-15[edit | edit source]

  • Governors
    • Sarthak Badjatiya
    • Shramajit Gupta
    • Virendra Singh
  • Heads
    • Analytics: Pranay Yadav
    • Consultancy: Pratyush Devliyal
    • Finance: Umang Mavani
    • Technical: Ravikiran Shinde

2015-16[edit | edit source]

  • Governors
    • Ashutosh Dwivedi
    • Nishant Jayaswal
    • Shiladitya Saha
  • Heads
    • Analytics: Raunak Chitlangia, Shubhrit Agrawal
    • Consultancy: Manik Aggarwal
    • Finance: Dhruva Ratanpura
    • Technical: Murtaza Phalasiya, Rajat Bhavnani
    • Logistics: Rihen Chheda, Ritwik Bajaj

2016-17[edit | edit source]

  • Governors
    • Kumar Sparsh
    • Udit Sarin
  • Heads
    • Analytics: Charu Agarwal, Shwetha Krishnamurthy
    • Finance: Debjyoti Chakrabarti
    • Consultancy: Medha Asija
    • Technical: Shubham Singhal, Vaibhav Chauhan

Achievements[edit | edit source]

Year Competition Name Organisers Location Competition Type Team Achievement
2016 Campus Beats ZS Associates Kharagpur Case Study Nishant Jayaswal,Shiladitya Saha,Rajat Bhavnani, Kumar Sparsh First Runners Up
2016 Smart City Challenge IIM Bangalore Bangalore Strategy Dhruva Ratanpura and Team Runners Up
2016 Techniche IIT Guwahati Guwahati Case Study Kumar Sparsh, Charu Agrawal,Udit Sarin, Harsh Agarwal, Hitendra Pratap Winners
2016 Solvay Business Game Solvay

Brussels School of Economics and Management

Brussels, Belgium Business Game Dhruva Ratanpura, Nishant Jayaswal, Manik Aggarwal, Rihen Chheda, Murtaza Phalasiya Finalists
2015 CIMA Global Business Challenge CIMA Mumbai Case Study Shramajit Gupta and team National finalists
2015 Global Investment Banking Valuation Olympiad Global Banking Training in association with Greensea Capital London Financial Valuation Umang Mavani, Sarthak Badjatiya, Dhruva Ratanpura, Ashutosh Dwivedi World top 10 finalists
2015 Techniche IIT Guwahati Guwahati Case Study Murtaza Phalasiya, Nishant Jayaswal, Rajat Bhavnani Winners
2015 9th GMBCC Universitas Gadjah Mada Indonesia Case Study Rounak Gulati, Dhruva Ratanpura, Murtaza Phalasiya Semi-finalists
2015 Inter IIT Tech Meet IIT Kharagpur Kharagpur Case Study Rounak Gulati, Shramajit Gupta, Umang Mavani Winners
2015 Paycheck Kshitij Kharagpur Personal Finance Nishant Jayaswal, Vasudha Todi, Kumar Sparsh 2nd runners up
2015 Le Play’s Marathon Kshitij Kharagpur Case Study Ashutosh Dwivedi, Souvik Bhattacharya, Priya Mehta 1st runners up
2015 Le Play’s Marathon Kshitij Kharagpur Case Study Nishant Jayaswal, Shaswat Datta, Charu Agrawal 3rd runners up
2014 National Students Space Challenge SPATS Kharagpur Case Study Nishant Jayaswal, Shaswat Datta, Shwetha Krishnamurthy, Kumar Sparsh Winners
2014 Petrocase SPE Kharagpur Case Study Virendra Singh and team Winners
2014 Techniche IIT Guwahati Guwahati Case Study Shramajit Gupta, Umang Mavani, Ashutosh Dwivedi Winners
2014 VJTI Consultant VJTI Mumbai Case Study Nishant Jayaswal, Shwetha Krishnamurthy, Priya Mehta 3rd runners up
2013 Petrocase SPE Kharagpur Case Study Shramajit Gupta, Umang Mavani and team 1st runners up
2013 Techniche IIT Guwahati Guwahati Case Study Rounak Gulati, Pratyush Devliyal, Ravikiran Shinde Winners
2013 B-Consigliere Kshitij Kharagpur Case Study Rounak Gulati Winners
2013 Speak out for Engineering Institute of Mechanical Engineers Paper Presentation Rishabh Kataruka Asia-Pacific finalist
2012 Ojass NIT Jamshedpur Jamshedpur Case Study Rounak Gulati 1st runners up
2012 E-bizz St. Joseph College Bangalore Economics Summit Rounak Gulati 1st runners up
2011 Business Masters KIT Germany Case Study Shailesh Gupta, Sudipto Sannigrahi, Srichandana Only Indian team selected
2011 Concipio E-Cell Kharagpur Business Plan Nalin Gupta Winners
2011 B-Plan Kshitij Kharagpur Business Plan Sudipto Sannigrahi 1st runners up
2011 Yukti NSIC - Business Plan Avigyan Karan Winners
2011 E-waste reuse event STC Illinois Case Study Shailesh Gupta, Nalin Gupta Winners
2010 Concipio E-Cell Kharagpur Business Plan Siddhartha Verma Winners
2010 Ecomagination GE Case Study Akhilesh Betanamudi Special Students Award
2009 Concipio E-Cell Powai Business Plan Shailesh Gupta Winners
2009 Srijan IIMC Calcultta Business Plan Shailesh Gupta Winners

References[edit | edit source]