Optum Stratethon – Season 3 2021 | Prize Money worth $ 6700 each

Optum Stratethon – Season 3 2021 | Prize Money worth $6700 each:-

All that you need to know about Optum Stratethon – Season 3

Optum, part of the UnitedHealth Group family of businesses and a Fortune 5 Company, brings you Season 3 of the Stratethon, a prestigious competition for students to showcase their talent. This is a chance to show your skills and share how you would change the future of health care. Open to B-Schools and E-schools across India, Philippines, Singapore, Hongkong, Vietnam, and Malaysia. 

Eligibility Criteria: This challenge is open to full-time 2-year MBA/PGDM students from a select list of B-Schools and full-time B.Tech/B.E. students from select engineering colleges, across specializations.

Team Formulation:

  • A team shall consist of 2-3 members, one of whom would be the team leader, and shall register either for the Engineering track or Business track.
  • All members of a team should be from the same institute.
  • Cross-year teams are not allowed.
  • One student cannot be a part of more than one team.
  • Only full-time post-graduate and executive MBA students and undergraduate engineering students can participate in Optum Stratethon – Season 3.
  • Undergraduate business school students are not eligible to participate.
  • There is no restriction on the number of teams from an institute.

Competition Structure and Details:

First Preliminary Round: Online Quiz (Both Tracks):

  • All registered teams from both tracks will have to play the online quiz round.
  • All team members may attempt the quiz individually. Though it is not mandatory for all the members to take the assessment. The final score of the team will be the average score of all the team members who took the assessment. Example: If only one team member played, then the team score will be of that team member. If two team members played, one got 10 and the other got 20, then the team score will be 15 (average of 10 and 20). 
  • It will be based on critical thinking for B-School students and online computer fundamentals for E-School students.
  • The quiz window will be 6 hours and have to be completed in one go.
  • The quiz window will begin from 12:00 PM, 23rd October 2021.

Second Preliminary Round (Engineering Track): Online Coding Challenge:

  • All registered teams have to code their way through 2 online coding challenges within 60 minutes.
  • The task needs to be completed within a window of 3 hours.
  • The online coding challenge will begin at 4:00 PM, 25th October 2021.
  • The challenge needs to be completed in one sitting, i.e., as soon as you start it, you’ll have to finish the task before the time runs out.

Second Preliminary Round (Business Track): Online Simulation Challenge:

  • Teams will have to cross different levels to solve real-life challenges and race to the top of the leaderboard.
  • The simulation round will be activated at 4:00 PM, 25th October 2021.
  • The task needs to be completed within a window of 3 hours.
  • The challenge needs to be completed in one sitting, i.e., as soon as you start it, you’ll have to finish the task before the time runs out.

Wildcard Round:

  • The selected teams will have to create a 1-minute video or a poster depicting β€œEfficient disposal of healthcare wastage to promote Environmental responsibility” and upload it on LinkedIn.
  • The window to create the content will be 26th October 2021 – 30th October 2021.
  • The wild card round will be live from 30th October 2021 – 2nd November 2021.
  • The Team Leader will take the screenshot of the post and share it with us over the email before 7 PM on 3rd November 2021 (All entries after 7 PM will be disqualified).
  • The teams with the maximum number of likes will be shortlisted for Round 2.

Executive Summary Submission Round (Engineering Track):

  • Shortlisted teams from the previous rounds will have to build executive summaries for their solution as per the problem statement.
  • Teams need to submit the following two things: PPT (in the prescribed format attached with the case study), explaining the idea and the solution; a 7-minute product video and GitHub source code, demonstrating the detailed idea.
  • The last day to submit entries is 18th November 2021, 06:00 AM IST.
  • Teams will be able to view and change their submissions anytime before the deadline.

Executive Summary Submission Round (Business Track):

  • Shortlisted teams will have to submit a detailed presentation of their proposed solution in PPT format.
  • The last day to submit entries is 11th November 2021, 06:00 AM IST.
  • Teams are requested to upload their entries a few hours before the deadline to avoid high traffic closer to the deadline.
  • Teams will be able to view and change their submissions anytime before the deadline.

Virtual Presentation Round (Business Track):

  • Shortlisted teams from the previous round will present their solutions virtually to the senior management of Optum.
  • Each team will be provided 8 minutes for the presentation followed by 7 minutes for Q&A.
  • All the relevant details will be shared with the shortlisted teams via email.

Mentorship Period (Both Tracks):

  • There will be 12 National Finalists, 6 teams per track, from the previous round moving ahead to the Mentorship Period and the Grand Finale.
  • Teams will be assigned one mentor respectively.
  • Every team will get an opportunity to connect with their mentor for an hour a few days prior to the Grand Finale.
  • This will help the teams to further improvise and shape up their final presentations.

Grand Finale (Both Tracks):

  • The National Finale will be held virtually on 8th December 2021 (tentatively).
  • The National Finalists will get a chance to present to the Senior Leadership team.
  • Teams will be given 8 minutes to present followed by 7 minutes of Q&A.
  • Further details of the grand finale round will be disclosed closer to the event.

Rewards & Prizes:

  • The regional winners from the Business and Engineering track will get prize money worth $6700 each.
  • The regional runners-up from the Business and Engineering track will get prize money worth $3000 each.
  • The finalists to bag Pre-Placement Interviews (*subject to T&C) at Optum.
  • All college winners to receive certificates.
  • Strength in Numbers Award for 1 college in each country with the most number of teams that register in Optum Stratethon – Season 3.
  • Audience Choice Award for the most popular choice of participating team in the 1st round of the Grand Finale.
  • Star of the Show Award for the best presenter from each track in the 1st round of the Grand Finale.
  • Living Our Values Award for the team who present their case study showcasing Optum Values.

Registration Deadline:-Β 22nd October 2021 11:59 PM IST

Optum Stratethon – Season 3 2021Β RegistrationΒ Process:-

Apply In Below Link

Apply Link :-Β Click HereΒ To Register(Register before the link expires)