Bangalore : – Mu Sigma , one of the world’s leading decision sciences and analytics firms, today announced the second edition of its online problem solving contest, MuPhoria. The contest is open to final and pre-final year engineering graduates in India, with an objective to make them confront real world business problems, and provide them with an opportunity to innovate and develop solutions through the interdisciplinary approach of Math, Business and Technology. The contest further aims to create awareness about the Decision Sciences industry and impress upon them its far-reaching significance and impact. .

The contest will run for a period of six months, culminating in December 2013. Total prize money worth Rs. 15 Lakhs will be awarded to winners during the course of the competition. Every month, winners will be presented with prize money of Rs. 2 Lakhs and an opportunity to interview with Mu Sigma.  Winners will also receive a one-time sign-on bonus of Rs. 3 Lakhs, subject to selection and completion of three months with the organization.

The winners will be identified by a panel of experts associated with Mu Sigma and evaluated based on factors such as creativity, thoroughness of the approach, quality of work and the final solution submitted.

Ambiga Dhiraj, Head of Fulfilment, Mu Sigma said, “This platform will enable the students to align themselves with the industry requirements and become better equipped to deal with any real world challenges.”

As the leader in the space, Mu Sigma believes in creating and developing human capital for global leadership in Decision Sciences. Through Mu Sigma University (MSU), the company creates a world-class talent base of decision scientists and has undoubtedly evolved to be one of the premium institutes for Decision Sciences in the world.

Dhiraj C. Rajaram, Founder, Chief Executive Officer and Chairman, Mu Sigma expressed, “The industry is witnessing an arbitrage in terms of talent required and talent available to address the demands of the changing business landscape in the decision sciences space. Such contests provide an impetus for youngsters to consider decision sciences as their next career destination.”

Source : Pragati Jain