How are your financial mathematics skills? Enter the competition and see how you rank. It includes practical use of Excel and exposure to various topics such as Bond rates, Annuities, Interest Rate, Yield, Growth etc.  

To enter simply:

• Download the spreadsheet in the Links section
• Follow the instructions on the help page of the downloaded spreadsheet
• If you do well then you can post your score on the leader board

Last date for Registration is 26 th August ,2012. 

> You can register and participate here.

Could your entire organization commit to never throwing anything into a landfill? No scrap, no unusable raw materials, no cafeteria waste-nothing? 
  
That's exactly the challenge DuPont Building Innovations took on in 2008, a year in which they produced 81 million pounds of landfill. 
   
In just three years, a global Six Sigma project reduced that number to zero. The project team used Minitab Statistical Software to achieve this impressive feat and make sense of the tremendous amount of data they gathered. 

> Read the Full Article here.


-Article courtesy Minitab News

As a spreadsheet application, Microsoft® Excel is used to enter text and numbers to be organized, calculated, and analyzed. Entering formulas allow any changes in the original numbers to be automatically recalculated throughout an entire worksheet. Data may be formatted creating an attractive, readable presentation of tables or charting, and text manipulation features produce attractive and informative reports.

By following the steps outlined in this overview, a basic understanding of Microsoft® Excel should be achieved. Although examples in this overview reference Microsoft® Excel 2007, fundamental concepts should be relatively easy to apply to other versions of Excel.

This overview was developed by Dr. Sharon Garrison. (All rights reserved by the author.)


> You can access the course here.

Quantinuum proved itself again when the whole of SIMSR was feeling depressed with the prospect of the coming placements. Most companies put students through an aptitude test, which tests the students for their quantative skills. 


The topics of the problems asked in such tests are generally simple, but they require the students to be able to think, analyse and calculate on their feet. This was taken up by Quantinuum on the fateful day of 5th October’10, and we organised a very successful workshop on Quantitative ability.

The event was very simple. Few of the Quantinuum members, who have good knowledge and skills in the field of quants gave a session to the participants, and give them some basics of Time-distance-speed problems, number theory, ratio and proportion, and so on. The topics were divided between B.K.Chaitanya from PGDM finance, Gaurav Bhargava from PGDM finance, and Somyadutt from PGDM Marketing. They explained the concepts in a very simple and enjoyable manner. The participants of the workshop were able to recall their basics, and even asked some questions so that they could improve their speed and grasping power while solving the various problems.

Thus, the event was overall a good success. It was a very sincere effort put together by the Quantinuum team, and it really paid off. We hope that we will be able to meet all of your needs in the future as well. With the response we have achieved, we feel encouraged to conduct more such workshops. 

If you have enjoyed the event, and if you would like to have more such sessions on other topics, we would love to know from you. It helps us as well, since we are able to delve deeper into the depths of a subject which we dearly love. We wish that with this event, we were able to help you appreciate the subtle beauty of quants.

That’s it from us this month folks. The next time, watch out this space for the reviews on the monthly event QUANTIZ, a general knowledge based quiz competition - spiced with numbers of course!

Posted by Anindita Chatterjee, Member @ Quantinuum 

The Quantinuum monthly meet that was held on 31st August brought plenty of pleasant surprises to all. A variety of events were held, and these once again helped people to gain some much needed relief from the stress of the past few weeks. At the same time, it provided some good insights on the usually hated quants to the audience.


Sudoku
An extremely innovative and a completely different format of the Sudoku was organised. The students had to use a lot of their quantitative and analytical skills. However, it proved to be a tough challenge, because not everybody could solve it completely. Cash prizes were awarded to the students who managed to solve most of the challenge.

Knowledge sharing session
Gaurav kumar Agarwal - KT sessionThere was an extremely interesting session, which was given by Gaurav Kumar Agarwal from 1st Year PG. The session was on the Duckworth Louis Method in ODIs. It was very well appreciated by all. His interactive style, and simple explanations impressed all those who were present, and everyone were able to appreciate the science of the Duckworth Louis Method. Now, if India loses in a match with another team due to this, people will finally be able to understand why!



E-Tambola
The week after the gruelling mid terms, when everyone were tired, and needed some excitement, found a wonderful gift from Quantinuum. An innovative idea for Tambola, called E-tambola was organised. We received an overwhelming response – more than a 100 people registered for the online game. Over a span of few weeks, the team sent a list of 10 questions to the participants at a pre-declared time. The participants of the game had to find the numbers for the day by solving the questions. The questions were very simple, and provided the participants a really interesting and a new way to play the game. The winners of the smaller prizes like “Early 5” and “Min-max” were declared immediately, on a first come first serve basis. The final round of the game was held in the monthly event, when numbers were drawn randomly, and the remaining winners were declared. But the biggest winners were Piyush Kohli (PGDM HR) and Mohit Handa (PGDM Finance), who walked away with a total of Rs 400 and Rs 250 each.

Conclusion
The meeting was concluded with a speech from our mentor, Prof. Nilakanthan. He gave a very motivational speech to the listeners, and encouraged people with some interesting ideas for events, which they would like to participate in. One very special idea from the professor himself was developing a fun acronym for Quantinuum, where each letter of the word must have the name of some quantitative technique. Overall, the event was very successful, and provided people with an evening full of enjoyment.

By - Anindita Chatterjee, Quantinuum member