All business students from IIBD member and non-member universities are eligible.  Each university  will nominate ONE team and each participating team must consist of not more than 4 members, with not more than one of them being a graduate student. Students of the same team must come from the same institution at the time of application, each team should be supervised by a faculty supervisor.  The hosting institution will be eligible to have one team in the final round of the Competition.