Business Club

Business Club, IIT Kharagpur

File:BClubLogoJPG.jpg
Activities	Finance, Strategy, Analytics
Founded	2009 (2009)
Founder(s)	Shailesh Gupta Harsh Gupta Sudipto Sannigrahi Srichandana Sanjeev Mayank Mundra
Website	bclub.co.in
Contact	+91 89079 40000 (Bharat Uday) +91 91223 72154 (Madiha Hanifa)
Under TSG	Yes

Business Club, popularly known as BClub, is IIT Kharagpur’s in-campus society for all things business. It provides a platform for like-minded individuals who yearn to enrich their knowledge of business and apply their skills in various competitions like case studies and hackathons at the national and international levels. A family of around 70 student members, actively working under 3 wings: Strategy, Finance, and Analytics, BClub is constantly striving to bridge the gap between business and technology.

History

Founding

Business Club was founded in 2009 as Genese-de-Strategie by Shailesh Gupta, Harsh Gupta, Srichandana Sanjeev, 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

• Indian Case Challenge, India’s largest case competition, is the flagship event of the Business Club. ICC now witnesses international participation as well.
• 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.
• Regular social media content and blogs in the domain of finance, strategy and analytics are uploaded on all major social media platforms to keep readers updated.

Functioning

Selections

Selections to the Business Club are held at the beginning of the first and the second academic year.

First-year selections

The selection procedure consists of a group-discussion round followed by a 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.

Second-year selections

A training period called the summer program is conducted for the students selected in the second academic year to level their knowledge with the students selected in the first year. During this time, they are provided with the same resources to learn everything necessary.

After the summer program, every associate is evaluated on the same knowledge level and a final personal interview is conducted to select the students with the highest knowledge in the three domains. Other soft skills like communication are also kept in mind. Selected students are then assigned the position of sub-heads.

Structure

Business Club has a four-level 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 the day-to-day functioning of the club and the execution of its plans. It consists of students in the second year of their studies.
• 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 to the seniors.

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

Activities

Intra-Club activities

To prepare the associates for the sub-head tenure, they are encouraged to participate in various activities to lay a strong foundation in the three domains of Analytics, Finance, and Strategy. These activities include:

• Intra-club case study Competition - The associate batch is divided into small groups and each team is allotted a sub-head as a mentor, who guides the associate batch in solving the problem statement. On the D-day, the executive batch judges the teams through their presentations, and valuable inputs are given.
• Knowledge meets - 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 clarifies any doubts the members may have and make the meetings fruitful.
• Whitepaper - This event is organized so that the associates could choose and research the topic of their choice in the domain of the three wings of the B-club. During the event, Associates put around 20 days of research and at the end present their papers in front of the executive and sub-head Batch, where they give useful insights into the topic
• Drafting modules and blogs -  Club members design modules and blogs in the three wings. These modules are released through the public handle.

• Summer program

During the Summer holidays, many first-years apart from the Associate Batch are selected for the program as Summer Associates.

1. Case study competition - This is the second intra-club case study competition. This time associates are made to solve the problem statement on their own without the mentorship of seniors, considering they have already done the courses in the three domains.
2. Analytics competition - This competition concentrates on the core of machine learning. Associates are given a data set and this competition demands writing algorithms without using built-in libraries and maximizing the accuracy score on the given dataset.
3. Trading Competition -  During this competition Associates and Summer Associates create a mock trading account. This competition lasts for 10 days and associates carry out intraday trading based on the technical and fundamental analysis they have learned in the program.

At the end of the summer program, based on the performance and participation in the summer program, associates are selected to be the part of sub-head batch.

Events organized by the Club

The club conducts a wide range of activities such as open house sessions and case studies enabling students to develop their business acumen by applying their skills and finding solutions to real-world problem statements.

• Indian Case Challenge

Ever since its inception in 2012, the Indian Case Challenge provides the best platform for 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 of realizing market opportunities.

ICC 2021, organized in association with Kshitij, was a huge success and received a whopping 3200+ unique registrations, including international participation.

• Open House Sessions

Business Club strives to impart basic knowledge regarding the various facets of business, in an attempt to make the students of IIT Kharagpur more equipped to thrive in the ever-evolving global industry. Open house sessions on basic finance, analytics, and strategy that are conducted in conjunction with organizations such as Alphabeta, ZS Associates, and IIMC Consulting Club have gone a long way towards this.

• Webinars

Informative webinars, presided by renowned speakers who excel in their respective business fields, are conducted by the club, to enrich the knowledge of the students even in online mode.

Governors and Heads

2014-15

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

2015-16

• 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

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

2017-18

• Governors
  • Harsh Agarwal
  • Hitendra Pratap
  • Shubhra Agrawal

• Heads
  • Analytics: Ankit Agarwal, Subham Rajgaria
  • Finance: Ankit Agarwal, Rajat Ragha, Shubham Sharma
  • Strategy: Shubham Maheshwari
  • Blogs and Articles: Rahul Raj
  • Design: Anjali Bharti

2018-19

• Governors
  • Aman Sharma
  • Nikita Kishore

• Heads
  • Analytics: Yash Jain
  • Finance: Amandeep Singh, Puneet Pansari
  • Strategy: Amit Gunjan, Yogshree Choukse

2019-20

• Governors
  • Aditya Parashar
  • Deepankar Sachdeva

• Heads
  • Analytics: Amrit Goswami, Chinmay Singh, Karan Mahajan
  • Finance: Shreyansh Jain, Vikrant Gupta
  • Strategy: Tushar Mohandas, Tushar Singla
  • Technical: Aditya Singhania

2020-21

• Governors
  • Aryan Saxena
  • Lakshraj Doshi
  • Shashank Singh

• Heads
  • Analytics: Arusarka Bose, Naman Paharia, Abhinav Bohra
  • Finance: Sayantan Das, Lakshiyata Chhajer, Amur Khandelwal
  • Strategy: Shivam, Gaurav Joshi, Inakshi Kar

2021-22

• Governors
  • Arya Uttamchandani
  • Sankalp Bose

• Heads
  • Analytics: Karan Uppal, Dikshant Pratap Singh
  • Finance: Arnav Bhutda, Suhas Jain, Aditya Saha
  • Strategy: Tejaswi Pagadala, Kashish Lundia
  • Web: Piyush Dhamane
  • Branding and Public Relations: Deepansh Agrawal

2022-2023

• Governors
  • Madiha Hanifa
  • Bharat Uday
• Heads
  • Analytics: Vaibhav Jalani
  • Strategy: Siddharth Madupathi, Pragya Choudhary
  • Finance: Ram Sundaram, Patel Yuti
  • Web and Design: Sai Kalyan Meghavath

2023-2024

• Governors
  • Siddharth Dikshit
  • Shreeya Mishra

• Heads
  • Analytics: Adyan Rizvi, Ishan Ray, Lokesh Tirthani
  • Finance: Suryaansh Jindal, Ojasvi R Singh
  • Strategy: Atmajyoti Ghosh, Arya Vardhan Singh, Jash Mody

Achievements

Year	Competition Name	Organisers	Location	Competition Type	Team	Achievement
2021	SmartIdeaThon	GITAM University	Online	Innovation	Tushar Singla	Winners
2021	India Innovation Championship	Chitkara University + SucSeed	Online / Patiala	Innovation	Tushar Singla	Winners
2021	KIRIT: Case Study	KIAMS	Online	Case Study	Arusarka Bose	Winners
2021	AbInbev Maverick Hackathon	AbInBev	Online	Case Hackathon	Arusarka Bose, Naman paharia	Finalists
2021	Sale-Able, 2021	E-Summit, E-Cell IIT Roorkee	Roorkee	Sales & Marketing Case Study	Sankalp Bose	Runners Up
2021	Hate speech detection	European Chapter of the ACL	Kyiv, Ukraine	Data Science Competition	Naman Paharia	Winner
2020	Finopoly	IIM Indore	Indore	Stock Pitch	Pagadala Tejaswi, Aditya Saha, Arnav Bhutda	Finalists
2020	Smart India Hackathon 2020	Government of India	Delhi	Case Hackathon	Aditya Parashar, Amrit Goswami, Karan Mahajan	Winners
2020	Empresario	E-Cell, IIT Kharagpur	Kharagpur	B Plan	Tushar Singla	Runners Up
2020	Young Innovators Challenge Awards	3M-CII	Online	Innovation	Tushar Singla	Winners
2020	Local Startups Meet	E-Cell, IIT Kharagpur	Online/ Kharagpur	Pitching	Tushar Singla	Winners
2020	SGH Business Game	Students Consulting Club at SGH Warsaw School of Economics	Online	Business Game	Inakshi Kar	Overall 2nd
2020	Case Electo 2020	Enactus, BITS Pilani	Pilani	Case Study	Sankalp Bose	Runners Up
2020	Case Club League 2020	St. Stephens' College	Delhi	Financial Case Study	Deepansh Agrawal, Sankalp Bose, Suhas Jain	National Finalists
2020	Green Canvas 2020	IIT Kharagpur	Kharagpur	Environmental Case Study	Sankalp Bose	First Runners Up
2020	Creative Shock	ISM University of Management and Economics	Lithuania	Social Business Case Study	Aryansh Singh, Karan Uppal	Top 1.2%
2019	CoreNet Global Academic Challenge	CoreNet Global	Atlanta	Real Estate Case Challenge	Amrit Goswami, Vikrant Gupta	Finalists
2019	Techniche	IIT Guwahati	Guwahati	Case Study	Aryan Saxena, Shashank Singh, Simran Rajagopalan, Laksh Doshi	Winners
2019	Techniche	IIT Guwahati	Guwahati	Case Study	Inakshi Kar, Abhinav Bohra, Gaurav Joshi	Second
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