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OilSpring-2k20



​OilSpring 2k20 is the annual Business Fest organized by the Department of Management Studies, Rajiv Gandhi Institute of Petroleum Technology. It is a platform where best brains from the various b-schools participate to test their mettle. They get a chance to present themselves in-front of experts from the industry & best of the peers.
​

It will be the first Business festival that would be organized in the RGIPT's Jais campus. A panorama of events from varied genres such as Business Plan, Marketing, Human Resources, Operations, Finance and Energy Management would be the main highlight of this fest. Along with this there would be a number of recreational events so as to break the monotony and lift up the mood. The Fest would take place on March 19, 2020 (Thursday) at the RGIPT, Jais, Amethi, Uttar Pradesh.
EVENTS
 Consilium 
Consilium is a business plan competition conducted by the Department of Management Studies, RGIPT. The rationale behind this event is to inspire and promote promising thinkers to showcase their innovative business acumen. The platform enables pioneering ideas to propel business model that may include management concepts and application with respect to different specialization in various emerging sectors. Consilium will offer participants with visionary ideas encouragement, recognition and mentorship.

Who can take part in "CONSILIUM"? 
  1. Students
  2. Corporate Professionals
  3. Entrepreneurs
  4. Freelancers or Independent Persons
Type
  1. Business Prototype
  2. Start-up Ideas
Instruction 
  1. Team participation is allowed (Maximum up to 3 persons in a team)
  2. Registered & Unregistered start-ups are eligible to apply (not older than 4 years)
  3. The platform WILL NOT provide any seeding capital or financial assistance to launch or run business.
  4. The team has to submit an Executive Summary while registering and the Comprehensive plan when shortlisted.
Rule(s)
  1. Each Team must have “One Team Leader” to represent.
  2. Business model presentation (15* + 5 minutes) will be conducted in front of the Expert Panel.
  3. Further communication will be intimated via E-mail to the “Team Leader”.
  4. Presentation should cover the idea, implementation, challenges, processes and solutions.
  5. The B-Plan idea must be authentic & should elucidate how it can impact the stakeholders.
Privacy and Protection
  1. Consilium will protect the right of participants and also maintain the privacy of the proposed business plan ideas.
  2. If any plagiarism issue arises, then the participating team or individual will be debarred from OilSpring-2K20.
Note
All the teams will have to present their promotional & financing strategy for their business/start-up plan along with their ideas.
Ascension

Round - 1
Description
The teams would be asked to solve a business situation and they have to identify the problem for the case and give their recommendations in an innovative and unique manner.
  • Submission format should be in .doc or .docx format
  • Top teams will proceed to the next round
  • Type - Online
Round - II
Description: Surprise Event
Type - Offline - On Campus Round                                             TIME- 60 Minutes
  1. Each team must consist of 2-3 members.
  2. No limit on the number of participants from each college.
  3. Only under-graduate, post-graduate and MBA students are eligible to participate.
  4. Any unfair means will lead to the disqualification of the entire team.
  5. The organizer’s decision will be final in all matters.
N-Ergion
​
Round - 1
Type : Quiz (Offline) Event Name is Quizbhoomi                 Time : 20 Minutes

Description
  1. There will be 25 Questions comprising of Global Energy Scenario, Energy Economics, Energy Policies, Natural Gas and Crude Oil Business, Energy Summits and Renewables.
  2. There is no Negative Marking for the Quiz.

Round - II
Type : Offline (Event Name is Carbon Mantra)               Team Size : Up to 3 Members each              Time : 60 Minutes

Description
The selected teams from Round-I will be given certain scenario related to Global Energy Trends and recent advances in energy sector and will be asked for their views and opinion on certain parameters.

Rules
  1. There is no Negative Marking for the Quiz.
  2. Teams can comprise up to 3 members each.
  3. No member can participate in more than one team; failure to comply will lead to disqualification.
  4. In case of any dispute, the decision of the organizing committee will be final.
  5. Organizing committee can change the rules as and when required.
Vyapaar Dohaeris

Description
The aim of this round is to test the basic knowledge in Finance. The questions will be rudimentary in nature, related to accounting principles. The highest scoring teams will be qualified to enter the next round.


Type :  Offline                 Timing : 60 Minutes

Rules: 
Round - I
  1. The Questions will be MCQ, in nature. The person scoring the highest marks will be selected.
  2. Teams up to 3 members each.
  3. Offline Paper Pencil Based Quiz
 
Round - II
  1. Each team will be given a case related to financial situations.
  2. A total of 60 minutes will be allotted to the participants to read and solve the case.
Qtopia

Round - I
Each Team will comprise of two members each.
Use of Mobile Phone or any electronic Gadgets is strictly prohibited.
There is no negative marking and all questions are compulsory.


Round - II
  1. Total virtual money of Rs.1000 will be given to each team and bidding amount for each segment will be deducted from total amount left.
  2. Bidding Amount should be unique for each round and cannot be in decimals.
  3. Minimum bidding amount is Rs.1
  4. Each segment will have same time limit.
  5. There will be negative marking.
Note: if any team is found to be using any unfair means, will be disqualified and no excuses will be entertained.

Round - I
Description : Brain Tickler (Elimination round with objective type questions – Current Affairs, GK, Aptitude etc.)
Type : Offline                            Time : 20 Minutes

Round - II
Description : Bidding Round
Multiple question segments from diverse areas.
Virtual Money will be allotted to bidder only one time, each team has to win maximum number of segments through bidding and then have to maximize their scores in the segments they won in bid.

Type : Offline                                  Time : 60 Minutes
Biostreous
Advertisementa 
Teams will be given 30 minutes to prepare a short advertisement relevant to the product/service allotted to them.
They will have to enact the advertisement on stage.
The length of the act should be between 3-4 minutes.
Costumes or props are not necessary, but teams can use them if they want to
Teams will have to make their own arrangements for costumes/props in case they plan on using them.


Jam
This event can also be named-"one minute please
Participants will have to wind up a story out of a given incomplete sentence within a time limit one
  1. An incomplete statement will be given to the team. For e.g.: It was all going smoothly, until noticed.
  2. The first member will take off from there immediately and speak for one whole minute.
  3. The second member will take off right from where the first member stops and continue for another one minute.
  4. Each team can have up to 3 members.

Tik Tok
  1. Participants have to make a TIK-TOK video in the RGIPT campus and post on their social media profile with a hash tag that will be provided on the day of the event.
  2. The winners will be announced on the basis of likes and jury’s decision.

Faceoff
It is a right time to show your love towards Bollywood by imitating prominent characters and enacting some real-life situations in a comical way.
Level 1: Play the character.
Level 2: Battleground
Biostreous

Round - I
  • Each Team will comprise of two members each.
  • This will be an elimination round.
  • A quiz of 20 questions in 20 minutes.
  • Use of Mobile Phone or any electronic Gadgets is strictly prohibited.
  • There is no negative marking and all questions are compulsory.
Round - II
​This will be a buzzer round. 

Register Now

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CONTACT US

Department of Management Studies,
Rajiv Gandhi Institute of Petroleum Technology
Bahadurpur, Mukhetia More,
Post: Harbanshganj, Jais,
Amethi,  Uttar Pradesh - 229304
Mobile: +91-9927285001
E-mail: contact_doms@rgipt.ac.in

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