Oxford Saïd MBA students were victorious at the 2018 Rotterdam School of Management (RSM) Private Equity Competition.
The team included Vivek Elluru, Emilio Llosa, Filip Miljevic, Balakrishna Pillai and Adam Smith.
‘We were absolutely thrilled to win,’ commented Vivek. ‘The top ranked business schools of Europe, Asia and Canada were present. Winning against such strong competition was very satisfying.’
16 teams from across the world compete each year for the €5,000 prize, and the competition’s 2018 theme was ‘private investment in an innovative industry.’
The two-day event, which took place on 23 – 24 November, also included a symposium on the competition theme, during which established industry experts gave talks and networked with the participants.
‘A fictional case study is released to the teams two weeks prior to the event,’ explained Vivek. ‘It detailed a situation where an investment manager at a venture capital firm is evaluating a company that aims to create a treatment for obesity using the human microbiome.’
The team were asked to create an investment strategy and present it to the mock venture capital fund investment committee. They were also required to produce a bid price for buying a 25% stake in the company along with a detailed commercial strategy.
‘In round one, we had 20 minutes to present our case which was a 25-page slide deck and this was followed by a five-minute Q&A at the end of the presentation,’ said Vivek. ‘For the final round, the organisers presented a twist in the case and we were asked to incorporate it in our pitch.’
The team believe their clear and realistic strategy and meticulous research helped them clinch the prize.
‘It is a great competition to be a part of,’ concluded Vivek. ‘RSM did a wonderful job hosting it and brought in excellent speakers and judges. We would definitely recommend future Oxford MBA students take part.’