First it was the Indian Cricket League (ICL) that got attention of the cricket lovers in India. Soon,Indian Premier League (IPL) came along and became an instant hit. Based on IPL format,small districts and states in India,came up with their own sports leagues. Impressed with the concept and pattern of IPL,Indian School of Business (ISB) came up with their own ISB’s Super League (ISL) in 2010. The next edition of ISL will begin this week in both of its campuses in Mohali and Hyderabad. The Hyderabad campus has four franchisees while the Mohali campus has three franchisees that are owned,managed and staffed by the students of the ISB community.
This is a franchise model,where each franchise builds its own team through player auction. The ISL presents the ISB community an opportunity to be involved in a comprehensive sports management exercise,learning the negotiation skills and develop the leadership skills. The franchisees are won in an auction based on real money- where students,staff,spouses,faculty and alums bid for teams. Each player is then sold in a live auction based on virtual currency. The winning team will take home 60 per cent of the prize money,which has been accrued from the bids. The runners up will get 35 per cent of the prize money. The events will include cricket,badminton,table tennis,pool,football,squash and volleyball. The auction of the players,with virtual money,took place on September 17. Teams will vie with each other in seven sports to win the coveted “Best Franchise” trophy,along with cash prizes.
Speaking about the concept of ISL,Pratik Barman,ISL lead co-ordinator,student of PGP class of 2013 says,ISB Super League is based on the pattern of IPL. The event has garnered tremendous response from ISB students all over. With such activity students will learn to make optimal utilization of the resources. Also this initiative along with giving structure to sporting activities on campus will provide the opportunity to gain complete sports management experience,team building,and better networking within the whole ISB community. With 770 students,4400 alumni,staff and spouses all involved in this exercise,the institution is going to witness action packed days ahead full of sporting events.
Sports Extravaganza in Chandigarh from October 8
Chandigarh:Schoolzworld.com under the patronage of Chandigarh Olympics Association is organizing the second edition of the Mini Olympics in Chandigarh from October 8 to 12. It will be a five-day long event where more than 6000 students from more than 100 schools from Chandigarh,Panchkula,Mohali and surrounding cities are coming together to show their best.