The Faculty of Management Studies, University of Delhi is the oldest and one of the most respected B-schools in India. As a centre of excellence and a pioneer in management education, it has always believed in maintaining excellent relations with the corporate world.

In this direction, Faculty of Management Studies, Delhi hosted FMS Fiesta 2006, the Annual Festival on 9th and 10th December, 2006. FMS Fiesta has always been known for its innovative competitions and this year too, it raised the bar by combining new offerings along with eternal favourites.

The FMS Convention held on 3rd December set the tone for Fiesta. In its 30th year, the Convention provided a platform for leading policy makers, industry leaders, academicians, entrepreneurs and management thinkers to get together and deliberate on latest management trends and path-breaking innovations in the industry on the theme: "Emerging India: A Tryst with the Global Destiny".
FMS Fiesta took the B-School circuit by storm, with enthusiastic participation from the IIMs, XLRI, SPJMIR, IIFT, MDI and other top rung management institutions. The International Entrepreneurship Challenge sponsored by Yes Bank in association with Nirma Labs, TiE (The Indus Entrepreneurs), Silicon Valley Bank, showcased the executive plans of the best business minds in the country.

Online events like Beat the Street with its virtual trading place to Bank Ex which included taking asset liability management decisions just like those in a bank, as well as Hmmm… , Shutterbox, Sysmotley, Celeb-ration, Infinite imagination, Moria Pursuit set the pace for two power packed days of stimulating competitions.

The Mega event, the Middle Earth Rebellion was a simulation game with the aim of outdoing opponents with the power of sheer problem-solving ability, management principles, risk taking capability, and un-common sense and put the participating teams under constant stress. The other big-ticket event, the Biz Quiz saw participation not just from the management schools but the corporates as well. In Mayhem, the selected teams were given some cash and let loose in a marketplace. The teams had to create a new product by buying items from the market, putting them together and then selling it to the audience.

Focus events like Split Hairs required the teams to build a Private Equity Fund from scratch and provide details about the various stages of its development; Power Up included designing a complete plan for a new product for Microsoft, Yahoo, Google, HP or Sony; Big Cos Big Mistakes, included a case study to analyze the collapse of Enron Corporation from a consultant point of view.

Genesis, the Paper Presentation Competition, and Nascence, VILL Power, Eminence, Insight; the case study competitions, tested teams on their ability of in-depth analysis and response to rapidly changing situations.

Various on the spot events like Codebreaker, Amnesia, Black Speech, Brand Aid, and Brainstorm were a mélange of finance, creativity, reasoning, marketing, quizzing and economic knowledge.

The presence of the brightest minds from top B-Schools of the country created an atmosphere charged with a competitive zeal during competitions, and a wonderful camaraderie during cultural events which featured performances by bands like Tantriks and McPies.

With a heady dose of challenge, enjoyment and learning, FMS Fiesta 2006, was an enriching experience for everyone involved. The brilliant success of Fiesta 2006, is another feather in the cap for FMS, which has once again proven its addiction to excellence..!