Opportunity brief
About the Opportunity
Capital Quest is a finance competition organized by Finomina, the Finance Club of IIM Udaipur, as part of Solaris, IIM Udaipur's Annual Management Fest. The competition tests participants' analytical thinking, logical reasoning, and financial decision-making through puzzles and portfolio creation. Open to B-School students across the country, it gives participants a chance to apply practical finance concepts and investment skills in a competitive setting.
Guidelines:
- Team Size: 2 members.
- No changes in team composition will be allowed after registration closes.
- Participants must follow the submission requirements for each round.
- All submissions must be the team's original work.
- Any form of plagiarism, malpractice, or unfair means will lead to disqualification.
Structure and Rounds:
Round 1: Puzzles & Aptitude Test
- Format: Logic and Aptitude Puzzles.
- Task: Participants will solve a set of logic and aptitude puzzles testing clarity of thought, reasoning ability, and speed.
- Progression: Top scorers will qualify for Round 2.
Round 2: Portfolio Formation
Part 1: Portfolio Creation
- Virtual Capital: ₹100 Crore per team.
- Task: Teams will allocate the given capital across a set of assets provided by the organizers.
- Submission: An Excel sheet containing the available assets and their fixed prices will be shared. Teams must enter the amount they wish to invest in each asset and submit the completed sheet.
- Cash Holding: Teams may keep a portion of the ₹100 Crore as cash for use in Part 2.
- Objective: Build an optimal and diversified portfolio focusing on growth potential, valuation accuracy, and risk balance.
Part 2: Portfolio Rebalancing
- Task: Teams will revisit and optimize their original portfolio based on updated market conditions and asset prices.
- Original Portfolio: Teams must first re-enter their previous portfolio with the same assets and capital allocation to view its performance.
- Reallocation: Teams can reallocate up to 40% of their initial portfolio value, excluding unallocated cash.
- Changes Allowed: Teams may fully or partially sell previously held assets or add new securities.
- Rationale: Teams must submit the reasoning behind both their initial investment decisions and their portfolio reallocation in the dedicated sheet.
- Final Results: Results will be based on asset prices at a cutoff date and time communicated separately.
Evaluation Criteria:
Teams will be evaluated based on predefined criteria including portfolio diversification, valuation accuracy, risk balance, and returns.
Rules:
- Participants must follow all timelines and submission requirements. Late submissions will not be accepted.
- Participants must arrange the required internet connection, system, and other technical requirements in advance.
- Plagiarism, malpractice, unfair means, or external help during quiz or proctored rounds will result in disqualification.
- All portfolio submissions must be the team's original work.
- Teams must follow the specified submission format, including Excel/Sheets for portfolio allocation and PDF/Word wherever applicable.
- Incomplete or corrupt files will not be evaluated.
- All official communication will be through the registered email IDs or event platforms.
- Teams are responsible for regularly checking updates and instructions.
- Queries should be raised well before the respective deadlines.
- The decision of the judges and organizers will be final and binding.
- Requests for re-evaluation will not be entertained.
- Participants are expected to maintain professionalism and decorum throughout the event.