Hi, I am a sophomore undergrad student. I have signed up for the IEEE SSCS Chipathon; so far I have only had a basic analog electronics course and a basic VLSI design course (where I got some experience using MAGIC for digital designs). Don't have much experience with analog layout or analog IC design, do I need to have taken more advanced courses for the Chipathon?

No, not needed. All experience levels are welcome.

Thanks for joining Koustubh. The whole community shall try to help you. Now you have to learn on the job. Always try to do things hands-on now. You shall gather working knowledge which is not there in the books.