ShARE is a multicultural, non- profit organisation for students that strives to better understand the complexities of socio-economic and business issues. ShARE's first team was created in Shanghai in November 2002. Today, more than 600 members in 12 countries across 3 continents and over 30 universities along with over 1000 alumni are part of the ShARE global community ShARE’s long term mission is to generate, share and use knowledge to contribute to regions’ human, social and economic development. Being a Think Tank, the insights that we gain from knowledge creation at ShARE can be shared not only amongst the ShARE community, but can also offer corporate and social leaders a novel perspective in tackling pertinent economic and business issues. ShARE is not only a think tank but also an educational hub. ShARE members are trained to acquire new skills, have a compulsory curriculum to follow and eventually take a set of exams. The objective of ShARE is not to add another layer of academic curriculum, but rather to train our members to approach problems differently, in a way that is pragmatic, rigorous and focused. ShARE training modules have been developed in conjunction with alumni, who have worked in top tier management consulting firms. The founder of ShARE is himself a former consultant of the Boston Consulting Group
Slice of Pi was a flagship event at Eximius' 13, the annual entrepreneurship festival of IIM Bangalore. Event consisted of 2 rounds where the first round was a qualification round and consisted of a short quiz administered online. 70+ teams participated in the event, 5 of whom were selected for the final round. Final round was aimed at managing the decision making process in relation to financing/divesting an entrepreneurial venture. The teams donned the role of investment bankers and negotiated with entrepreneurs to raise capital funds for the latter's expansion. Founders of a nascent venture called Green Power Systems (GPS) operating in waste to energy technology were invited for the event.
Euro-Vention was an event conducted by ShARE in September 2013 during Vista, the annual business fest of IIM Bangalore. The event was a simulation of the proceedings of the European Union while giving the participants an opportunity to be a part of international discussions. Each team represented a European country and the participants assumed important administrative roles of the country to look at the issues from the eye of policy makers. The event had two rounds – first round tested the participants on their understanding of the Euro debt crisis through a quiz. The second round consisted of teams representing countries and team members representing the Finance Minister, EU representative and the lobbyist of the respective country. The teams participated in discussions on critical issues grappling the Euro debt crisis and suggested solutions from each individual country’s perspective.
ShARE organized two ‘War of Sections’ events in August’2013, as ice breaker and primarily intended at getting people together and ‘sharing’ ideas. The first was a General Quiz ‘ShAREQ’, where participants had fun whilst they were trying to answer questions related to business strategy, finance and industry. Each section in teams of 4 fought out for the crowning glory to go along with a handsome cash prize of 3000 INR. Second was the creative and fun event, ‘Beg, Borrow, ShARE’ – which was a collage making competition. The sections formed teams, collected newspapers and magazines, and then used these along with their own sketches and drawings to complete the collage. The teams put forth a large amount of creativity and the masterpiece was rewarded with 2000 INR.
At IIM Bangalore the ShARE team comprises of people from diverse backgrounds. This contributes to a healthy platform to share experiences and knowledge. Junior project presentations reflected exactly this. Junior coordinators interacted with senior coordinators, mostly with network managers, to decide upon project topics. A wide range of topics were selected, some of them including 'Cost Economic Analysis of Hybrid Renewable Energy Systems', '3D printing', 'Patent wars and it's relevance in pharmaceutical industry', 'Explaining the appreciation and fall of ₹ value with macroeconomic events', 'Analysis and implications of non performing assets of Indian banks', 'Reducing USA's healthcare costs' etc. Extensive literature review and further discussions with senior coordinators helped junior coordinators dissect chosen problems, analyse the causes & their implications and finally come up with recommendations to solve the problems. All junior coordinators used the ShARE presentation training to prepare final presentation materials. The final presentations happened formally in the presence of senior coordinators. The presentations were recorded for future reference and to share on the ShARE website. Questions and suggestions from senior coordinators begot intellectually stimulating discussions which served the ultimate purpose of ShARE to share knowledge for development & social progress.
As part of this year’s new initiative, ShARE is collaborating with Prof. Charan Singh, RBI Chair @ IIM Bangalore, to work on multiple live projects. These projects are exclusively for the members of ShARE and provide an excellent opportunity to contribute towards real-life policy making issues such as Railway Pricing, Inflation Targeting etc. The research may be considered as an entry in the Working Paper Series or be published in IIMB Review, and most importantly might be tabled as policy suggestions to the GOI.
The ShARE World Seminar happens once a year and gathers representatives from all ShARE teams. It is the most important event for ShARE members and the best opportunity for members from different countries to meet. After Shanghai, Bangalore, Paris, Beijing, Indore and Lausanne, ShARE organized its 9th World Seminar, in Mumbai from the 14th to the 17th of December 2013 with the motto “Building a collective consciousness”. The seminar saw participation of over 100 students from India and various other countries. The seminar spanned over 3 days, with each day having a sub-theme of its own: • Finance • Energy and Technology • Entrepreneurship and Social Issues Each day saw a series of speaker sessions by experts in the field. These sessions led to discussions which threw more light on the complexity of these issues. The speaker’s sessions were followed with workshops and competitions to further encourage the participants to come up with innovative solutions to deal with the issues being faced in the current world. IITB did a great job in organizing the event, bringing in world class speakers and wonderful interactive sessions for the participants. We spent 3 days sharing knowledge and experiences with students from ShARE chapters across the world. It was an amazing learning experience.
ShARE is about networking and generating ideas at university level and taking it to the global level. Every year, Presidents from all the ShARE campuses in India meet and discuss the agenda for the coming year and review the past year. The Presidents’ panel discusses the projects done by each ShARE member and holds discussion on how can it impact the national or international level. The events organized by ShARE at each campus is presented to the panel and new events for the coming year are brainstormed. Other issues like financing of each campus, promotions and expanding the network are a part of the agenda of the Presidents’ congress. This year the Presidents’ congress was held at Delhi School of Economics, a ShARE campus. One of the most exciting output of the congress was to scale up the “Euro-vention” event organized by ShARE IIMB to a national level competition to be conducted across all ShARE campuses.