This paper describes our proposed system for the AAAI-CAD21 shared task: Predicting Emphasis in Presentation Slides. In this specific task, given the contents of a slide we are asked to predict the degree of emphasis to be laid on each word in the slide. We propose 2 approaches to this problem including a BiLSTM-ELMo approach and a transformers based approach based on RoBERTa and XLNet architectures. We achieve a score of 0.518 on the evaluation leaderboard which ranks us 3rd and 0.543 on the post-evaluation leaderboard which ranks us 1st at the time of writing the paper.