Xiaomi India on Saturday launched the 4th edition of ‘Mi Summit’ with the vision of enabling B-School students to get hands-on experience with real-world business case studies and problem statements.
The winners will be awarded a cash prize of Rs 2 lakhs, followed by Rs 1 lakh for the runners-up team and pre-placement interviews for both.
“At Xiaomi India, we have always focused on providing opportunities to youth that empower them and help in building a brighter future,” Muralikrishnan B, President, Xiaomi India, said in a statement.
“Mi Summit programme was started with the vision of helping the young and bright minds of India to follow their passion and truly understand how the world of business functions,” Muralikrishnan added.
In the 4th edition, students from 27 business cchools can form a team of two from the first or second year and submit their participation.
The company said that teams will have to present solutions that resolve a problem and showcase its usability and application in the actual business environment.
Structured in 5 stages, the programme begins with a screening quiz, followed by a pre-campus, campus, and cluster round culminating in the finale at the Xiaomi headquarters in Bengaluru.
All campus round winners will get a Pre-Placement Interview (PPI) offer from the country’s leading smartphone brand and stand a chance to win goodies up to 6 lakhs from Xiaomi India.
The top teams from each college will be bifurcated into six clusters, wherein the top two teams from each cluster will be selected for their final presentation.
Xiaomi India said that among participants identified from 27 business schools, this year, wild card entries from non-participating schools are also welcome.
The cluster winners and runners-up will get a Mi Soundbar and Redmi SonicBass Wireless Earphones and a PPI offer, respectively, whereas campus winners stand a chance to win PPI offers.
Launched in 2019, over 7,000 students have participated in Mi Summit.
In the 3rd edition, Xiaomi India reached out to 25 business schools and saw a participation of over 3,000 students.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.
As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.
Support quality journalism and subscribe to Business Standard.