Dhanbad, Oct 24: Sumit Kumar, a second-year B.Tech. student in Engineering Physics at IIT ISM Dhanbad, achieved second place at the 2025 International Quant Championship (IQC) held in Singapore. The championship, organized by World Quant, saw participation from nearly 80,000 students and professionals worldwide.
Sumit demonstrated exceptional analytical and quantitative problem-solving skills, securing the first runners-up position in this prestigious global competition. He was guided by Prof. Shashank Bansal from the Department of Management Studies & Industrial Engineering.
An IIT ISM official said, “The International Quant Championship, organized annually by World Quant, is one of the most respected competitions in the fields of quantitative finance, data analytics, and computational modelling. It provides a global platform for participants to test their skills in data-driven decision-making.”
The official added that the IIT (ISM) community extends heartfelt congratulations to Sumit Kumar for his remarkable achievement and to Prof. Shashank Bansal for his dedicated mentorship. This milestone highlights the academic excellence fostered at IIT (ISM) and underscores India’s growing presence in global quantitative research and innovation.
Sumit’s achievement is celebrated as a reflection of both individual brilliance and the institute’s commitment to nurturing talent capable of excelling on the world stage.
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