HUL’s prestigious finance case study competition – FinAce – is back with yet another exciting season, offering students from prestigious business institutes across India the invaluable opportunity to delve into the corporate realm and gain valuable insights by engaging in live business challenges.
Exploring the World of HUL FinAce
HUL, India's largest FMCG company with a portfolio of over 50 renowned brands, has woven itself into the daily lives of millions of Indian consumers. Beyond its market leadership, the company's forward-thinking business model showcases how sustainability can underpin consistent, competitive, profitable, and responsible growth.
HUL has consistently groomed finance leaders for India Inc and globally, with several CFOs in the industry having their roots at HUL. HUL is known for nurturing finance professionals, equipping them with robust business acumen and adaptability to navigate evolving market dynamics with a commitment to make a tangible impact on both business and society. A career at HUL Finance offers young talent well-rounded exposure across a wide spectrum of finance roles with high stake P&L responsibilities, opportunity to lead intrapreneurial fintech projects, impactful change management assignments, bespoke international exposure and driving excellence in business operations.
In the context of the FinAce case competition, participating teams are tasked with evaluating pivotal investment choices and have to make sustainable decisions across various facets of growth, pricing, marketing and innovation. This challenge stimulates contemplation on strategies to enhance business growth and brand profitability while ensuring alignment with consumer interests and environmental sustainability. Moreover, it offers participants a valuable taste of the corporate environment and the chance to immerse themselves in genuine business challenges.
The FinAce Experience: To connect with top talent in the competitive finance field, HUL in partnership with CNBC-TV18 launched the 7th edition of FinAce. This year, the competition revolves around the theme of the "CFO playbook on driving business growth", offering participants an opportunity to operate as CFO’s- strategizing for business expansion whilst evaluating the macro-economic variables and consumer trends at play. This season witnessed over 2500 applicants participating in the competition with many interesting case solutions.
The FinAce Semi finale took place at the HUL Mumbai head office on September 15th, with participation from top 10 teams from esteemed B-schools such as IIM-A, IIM-B, XLRI, ISB and SPJIMR.
The competition kicked off with each team crafting distinctive growth pitches that left a lasting impression on the judges. The teams that advanced then had the opportunity to present to HUL's senior leadership, earning their spot in the final round.
The top 10 teams had the privilege of being part of the inaugural "CFO Club Connect," marking the first-ever occasion where they engaged in an exclusive connect session with Ritesh Tiwari - Executive Director, Finance, HUL & CFO, Unilever South Asia.
Rewarding Excellence: HUL has curated an enticing array of rewards for the semi-finalists and winners to recognise their outstanding strategies:
The Road to Finale:
To conclude the event, we proudly announced the finalists. Following rigorous evaluation by a panel of HUL finance leaders across multiple challenging rounds, four standout teams emerged as the finalists namely: Team Underdogs & Team Money Maestros from Indian School of Business (ISB), Team Ace of Spades from SP Jain Institute of Management and Research (SPJIMR) - Mumbai and Team The Mavericks from Indian Institute of Management (IIM), Bangalore.
To view The FinAce CFO Club Connect click here.
Note: This article was produced by HUL and is published here as part of a marketing initiative. It contains no journalistic inputs from CNBC-TV18, its affiliates, or employees.
Check out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!
'Borrowed' leaders: Congress hits out at AAP for not fielding their own candidates in Punjab
Apr 28, 2024 9:53 PM
EC asks AAP to modify election campaign song and Kejriwal's party is miffed
Apr 28, 2024 9:25 PM