Institute of Management, JKLU presents

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BIZVERSE'26 5 OCT — 6 OCT 2026

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BIZ

LAB

THINK. DECIDE. BUILD. WIN.

Event Brief

Biz Lab is the flagship business simulation where participants experience the challenge of running a virtual business. Teams make strategic decisions across marketing, finance, operations and HR while competing on business performance. It develops leadership, teamwork, critical thinking and decision-making under pressure.

Event at a Glance

TEAM SIZE

2-4 Members

DATE & TIME

6 October 2026
9:30 AM – 1:30 PM

FORMAT

Live Business Simulation

Round 1: Simulation Challenge

Teams compete individually against AI bots by managing their virtual businesses and making strategic decisions across different business functions. Timely submission of decisions is mandatory. Top 10 teams qualify for the Final Round.

Round 2: Final

The shortlisted teams will compete against each other in the final simulation challenge. The team demonstrating the highest overall performance will emerge as the winner.

Evaluation: Score (40%), Market Share (30%), Profit (30%)

Rules & Regulations

✦Before Round 1, participants receive a 1-hour briefing on the platform/UI.
✦Laptops are mandatory; participants are responsible for their systems. Internet provided.
✦Late submission results in automatic disqualification.
✦Unfair means or unauthorized assistance leads to disqualification.
✦More specific details will be revealed at the time of the event.

CASE

CRACKER

CRACK IT. PITCH IT. OWN IT.

Event Brief

Case Cracker is a strategic business case-solving competition that tests analytical thinking, structured problem-solving and strategic decision-making. Teams tackle realistic business dilemmas and develop practical, well-supported solutions before presenting them to a panel of judges.

Event at a Glance

TEAM SIZE

2-4 Members

DATE & TIME

6 October 2026
9:30 AM – 1:30 PM

FORMAT

Written Analysis + Stage Pitch

Round 1: Objective Quiz

30 Minutes. Objective Quiz on understanding of a Case Study. Elimination Round from 40 Teams to 20 Teams.

Round 2: Written Elimination

Teams receive a common case study. They analyze the situation and submit a one-page written solution (1 Hr). Shortlisting of top 8 teams.

Round 3: Final Stage Presentation

Finalists receive a fresh and more complex case. 1.5 hours preparation for Case Solution and PPT (Laptop allowed without Internet). Followed by Case Presentation (1 hr 20 mins) and Q&A.

Evaluation: Problem Understanding (25%), Feasibility (25%), Innovation (20%), Presentation (20%), Q&A (10%)

Rules & Regulations

✦No mobile phones/internet during Round 1 unless permitted.
✦One written submission per team; late submissions not accepted.
✦All team members must participate in the final presentation.
✦Generic, non-case-specific solutions will be penalized.
✦More specific details will be revealed at the time of the event.

BIZ

QUIZ

BUSINESS BEYOND BOUNDARIES.

Event Brief

Biz Quiz 2026 is an opportunity for students to test and demonstrate their understanding of the dynamic business world at both the national and international level.

The quiz will assess participants on their awareness of current business developments, corporate affairs, business leaders, brands, finance, entrepreneurship, startups, technology, AI, and emerging trends shaping the global business landscape.

Event at a Glance

TEAM SIZE

2-4 Members

DATE & TIME

5 October 2026
10:00 AM – 1:00 PM

FORMAT

3-Stage Quiz Challenge

Round 1: Business Aptitude & Knowledge

Know the Business World.
A time-bound pen-and-paper written round testing awareness of Corporate Affairs, Leaders, Finance, Startups, and Emerging Trends. Qualifying teams advance to Round 2.

Round 2: Business in Application

Think. Connect. Apply.
A more challenging and application-oriented round testing how well participants connect knowledge with real-world business contexts (AI, Tech, Strategy, Branding). Speed and accuracy are crucial. Top 5 teams qualify for the Finale.

Round 3: The Grand Business Battle

The Ultimate Stage Showdown.
The top 5 finalist teams will battle it out on stage in a series of fast-paced challenges designed to test business knowledge, recall, speed, observation, and presence of mind.

Rules & Regulations

✦Detailed rules of the quiz will be shared on-site.
✦No mobile phones or internet permitted during written rounds.
✦More specific details will be revealed at the time of the event.

PROMPT

BATTLE

PROMPT SMARTER. WIN FASTER.

Event Brief

Prompt Battle tests how effectively participants can use AI to solve business problems. The competition focuses on the quality and precision of prompts, business understanding, and the relevance of the final output. All problem statements will be shared on the spot.

Event at a Glance

TEAM SIZE

2-4 Members

DATE & TIME

5 October 2026
2:00 PM – 5:00 PM

FORMAT

Live AI Problem-Solving

Round 1: Elimination

Teams receive a common business problem and use Gemini AI to develop a solution in 20 minutes. Export chat by 19 mins and email it.
Evaluation (AI Assessment): Prompts (40%), Relevance (30%), Biz Understanding (30%)
Top 50% teams qualify to the next round.

Round 2: Semi-Final

Teams receive a common business problem and use Gemini AI to develop a solution in 20 minutes.
Evaluation (AI & Judges): Prompts (25%), Relevance (25%), Biz Understanding (25%), Presentation (25%)
Top 4 teams qualify for the Finale.

Round 3: Finale

Final common business problem using Gemini AI. 20 minutes for solution development.
Evaluation (AI & Judges): Prompts (25%), Relevance (25%), Biz Understanding (25%), Presentation & Q&A (25%)

Rules & Regulations

✦Only approved AI tools should be used.
✦Full prompt history must be submitted.
✦Laptop/phone with stable internet is required.
✦Participants must demonstrate genuine interaction and refinement with AI.
✦Any external assistance will result in a penalty of 5 marks.
✦More specific details will be revealed at the time of the event.

BIZ

REEL

60 SECONDS TO SELL IT.

Event Brief

Biz Reel is an on-the-spot short-video challenge that combines business thinking, storytelling, creativity, marketing, and digital communication.

Working in teams of 2–4 students, participants will receive a business-related theme, prompt, or challenge on the spot. Teams must conceptualise, script, shoot, and edit a 60 second reel entirely on-site.

Event at a Glance

TEAM SIZE

2-4 Students

DATE & TIME

5 October 2026
10:00 AM – 1:00 PM

FORMAT

On-the-spot Shoot & Edit

MAX DURATION

60 Seconds

Round 1: Elimination

Create. Shoot. Edit. Submit.
All participating teams will receive a business-related theme, object, situation, or challenge on the spot.
1. Understand the Brief
2. Develop the Concept
3. Script & Storyboard
4. Shoot & Edit on-site
5. Submit within deadline.

Round 2: Final

Screen. Explain. Defend Your Idea.
The selected finalists will have their reels screened before the judges and audience. Each team gets 2–4 minutes to explain their Central Idea, Target Audience, Business Message, and Storytelling Approach.

Evaluation: Concept (25%), Business Message (25%), Creativity (20%), Editing (15%), Audience Appeal (15%)

Rules & Regulations

✦No pre-shot or pre-edited footage. All content must be created on-site.
✦Maximum reel duration is 60 seconds (HEVC/MP4 format).
✦Max 3 teams can participate from a single institute/university.
✦Content must not be obscene, defamatory, or promote hate.
✦More specific details will be revealed at the time of the event.

MEME

MARKETING

MAKE THEM LAUGH. MAKE THEM REMEMBER.

Event Brief

Meme Marketing is a two-round, on-the-spot creative challenge that blends humour, branding instinct and digital marketing skills. Working in teams of 2–4 members, participants will be handed random assignments and real-world situations and must turn them into original, shareable meme content under time pressure.

In Round 1, teams draw a random product-and-twist combination and transform it into a witty meme. In Round 2, shortlisted teams are given a real-life crisis or market situation and must design and present a 2-meme campaign around it.

No pre-made or pre-edited content is allowed — everything must be conceptualised and created live during the event.

Event at a Glance

TEAM SIZE

2-4 Members

DATE & TIME

5 October 2026
2:00 PM – 5:00 PM

FEE & VENUE

₹299
Venue 2

PRIZE POOL

Winner: ₹15,000
Runner-up: ₹10,000

Round 1: Draw. Combine. Create.

Teams will send one representative to draw from two bowls — Bowl 1 (The Product) and Bowl 2 (The Twist). Every combination produces a unique situation, keeping the round unpredictable. Teams may also draw a "Lucky Chit" giving them complete creative freedom.

Format (40 mins):
1. Draw Your Assignment.
2. Understand the Combination.
3. Develop the Concept.
4. Create the Meme on the spot.
5. Present briefly to judges.

Evaluation: Creativity (25%), Humour (25%), Trend Relevance (25%), Visual Execution (25%)

Round 2: Face the Crisis.

Shortlisted teams will be handed a real-world business situation or crisis and must build a 2-meme campaign around it. Each team gets a fixed presentation window.

Format (40 mins creation, 90 sec presentation):
Tackle crises like "Your Brand Is Getting Roasted Online" or "10-Minute Delivery War".

Evaluation: Creativity (20%), Crisis Response (20%), Audience Relevance (20%), Humour (20%), Presentation (20%)

Rules & Regulations

✦All memes must be original and created during the event.
✦AI tools may be used only for minor editing assistance; AI-generated complete memes are not permitted.
✦Participants may use tools like Canva, Photoshop, or Picsart.
✦Copying another team's idea or reposting internet memes results in disqualification.
✦More specific details will be revealed at the time of the event.

GET IN TOUCH.

Reach out to our organising team.

CONNECT WITH US

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JK Lakshmipat University

Near Mahindra SEZ, Mahapura, Ajmer Road, Jaipur, Rajasthan 302026

FACULTY COORDINATOR

Lokanath Mishra

lokanathmishra@jklu.edu.in

+91 99995 58286

ORGANISING HEADS

Tanishka Khandelwal

tanishka@jklu.edu.in

9509753006

Agrima Keshari

agrima@jklu.edu.in

7992054194

Akshali Srivastava

akshalisrivastava@jklu.edu.in

9509981026

PROMOTIONS & SPONSORSHIP

Pragyansh Mishra

pragyanshmishra@jklu.edu.in

7597291845

TECH

Kartik Gupta

kartikgupta@jklu.edu.in

9929963114