www.telegraphindia.com | September 27, 2017
Aiming to educate the younger generation on process-based equity investing, Motilal Oswal Asset Management Company (MOAMC) has partnered with The Red Brick Summit, the flagship annual symposium of IIM-Ahmedabad to create an initiative - the 'Motilal Oswal Think Equity Think QGLP Contest'. The contest provides a forum for students to test their stock-picking and investment research skills, present it to a panel, and win prizes.
The Motilal Oswal Think Equity Think QGLP Contest drew excellent response, with 54 institutes from all over Indiasubmitting their entries.
Bharatidasan Institute, Bharatiya Vidya Bhavan, BRCM College, Chetna Institute, CSIBER, FLAME University, FMS Delhi, FORE School of Management, Gogte Institute, Great Lakes Institute (Chennai), Great Lakes Institute (Gurgaon), Gujarat National Law University, IIFT, IIM Ahmedabad, IIM Bangalore, IIM Calcutta, IIM Indore (Mumbai), IIM Lucknow, IIM Raipur, IIM Ranchi, IIM Rohtak, IIM Sambalpur, IIM Shillong, IIM Udaipur, IISc Bangalore, IIT Delhi, IIT Kharagpur, IMT Ghaziabad, Indira Global Business School, International Business School, International Management Institute, ISB Hyderabad, ISB Mohali, Jamnalal Bajaj Institute, KJ Somaiya Institute, KSR School of Management, Loyola Institute of Business Administration, MDI Gurgaon, MDI Murshidabad, MIET Meerut, N.L. Dalmia Institute, National Academy of Agricultural Research, NMIMS Bangalore, NMIMS Mumbai, S.P. Jain Institute, Shriram College of Commerce, SIES, Siva Sivani Institute, Sri Sri University, Symbiosis Bangalore, Symbiosis Pune, United World School, Welingkar Institute and Xavier Institute of Management were the institutes who sent in their entries as part of the competition.
The various entries were evaluated and shortlisted by fund managers at MOAMC and the top entries will get to present their investing idea at the IIM-Ahmedabad's Red Brick Summit 2017 to a jury panel of stock market legends comprising of Raamdeo Agrawal (Chairman, MOAMC), Ramesh Damani (Member, Bombay Stock Exchange) and Utpal Sheth (CEO and Senior Partner at Rare Group). A team of FLAME University students, Raj Shah, Manav Ruparel and Prashant Doshi, are selected for the finale to be held on October 2, 2017 at IIM-Ahmedabad. FLAME is amongst 13 foremost institutes to have made it to the finals. The other finalists include:
- FMS Delhi
- IIM Bangalore
- IIM Calcutta
- IIM Rohtak
- IIT Delhi
- ISB Hyderabad
- ISB Mohali
- Jamnalal Bajaj Institute of Management Studies
- MDI Gurgaon
- Welingkar Institute
- Xavier Institute of Management, Bhubaneswar
Over the years, Motilal Oswal Group has conducted various wealth creation studies. These studies have helped them hone a unique and focused investing process that can be summarized in four letters, 'QGLP'. Q denotes Quality of the business and management, G denotes Growth in earnings and sustained RoE, L denotes Longevity of the competitive advantage or economic moat of the business and P denotes our approach of buying a good business for a fair price rather than buying a fair business for a good price.
Participants needed to familiarize themselves with the QGLP process of investing, pick an investment idea and give their rationale in a prescribed format.
All applications were evaluated on the following five criteria:
- Applicability of QGLP principles
- Quality of idea
- Depth of analysis/insights
- Financial workings/model
- Quality of Presentation
The top three teams will receive prizes and the presentations will be covered on CNBC TV18.
About FLAME University
FLAME University has been created as an academic institution anchored in Liberal Education. Being the pioneer of Liberal Education in India, FLAME University delivers the country's premier interdisciplinary education experience. It exists to build an aspirational destination for students and faculty, to push the design and nature of studies and to create a societal upgradation phenomenon particularly in the fields of liberal education and leadership.
FLAME University is driven to being one of India's most respected and reputed centers of learning - the one destination of choice for higher education in the nation for learners and teachers.
Spread on 53 acres of green expanse, FLAME prepares students who have a strong desire to learn and grow continually, welcome new ideas, value diversity with desire to succeed and give their best towards excellence in all spheres of life. Its curriculum includes perspective building, skills and competencies for communication, problem-solving skills, creativity, innovation, teamwork and ethics that also meet the needs of the diverse sectors of the country. It currently consists of four schools: FLAME School of Liberal Education, FLAME School of Business, FLAME School of Communication and FLAME School of Fine & Performing Arts.
With more than 70 quality full time faculty members, the university offers an unparalled education experience. The student-teacher ratio is 10:1, unmatched at the higher education level in India.
FLAME University has been established as a state private university vide the FLAME University Act 2014 (Maharashtra Act No. II of 2015) of the Government of Maharashtra. FLAME University is recognized by the University Grants Commission (UGC) under Section 2(f), and degrees awarded by the University are recognized under Section 22 of the UGC Act, 1956.