Fin Talk 5.0 organized at IIM Udaipur!

The placements season is ON and amidst that FinominaThe Finance Club of IIM Udaipur hosted Fin Talk 5.0 which is a series of guest lectures delivered by Industry Stalwarts. The session was graced by the presence of Mr. Sandip Sabharwal, a renowned Financial Advisor and Ex-CEO Portfolio Management Services, Prabhudas Lilladher Pvt. Ltd.

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The session focused on workshop based exchange of knowledge on the topics such as trading, stock, commodities and currency markets. With the current trend of volatility in Indian market, there is always risk associated with the investments made by the retail investors and others. Hence is the need of convenient Fundamental and Technical Analysis. The students, in high numbers, gathered to avail the golden opportunity of learning the skills of differentiating from investors who base their investment decision on intuition.

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The discussion revolved around the topics like Technical Analysis using chart patterns, trend lines, supports, resistances, double top and triple top with important consideration to Fundamental Analysis.

Quoting the words of wisdom straight from the one of the best in the business-

“While trading it is imperative to make fundamental analysis.”

“It is very difficult to value firms belonging to new sectors like e-commerce and social networks and thus is very volatile in the market.”

“Stock Price is not real; it’s just the trading price in the market.”

Sessions by industry experts are an integral part of the education at IIM Udaipur. As the business world evolves, the institution strives to keep itself abreast with the pace and the changing trends of the corporate environment. Such initiatives provide a platform to discuss the subject and share the knowledge that is most relevant to the current market and future trends.

Bombay Stock Exchange CEO presides over 4th edition of FinTalk at IIMU

FinominaThe Finance Club of IIM Udaipur organized the 4th edition of FinTalk on 1st February, 2014. The session was presided over by Mr. Ashish Chauhan, CEO & MD, Bombay Stock Exchange. Mr. Chauhan is an IIT Bombay and IIM Calcutta alumnus and he is one of the pioneers of the modern trading markets of India. His journey has seen multiple career dimensions encompassing strategy, finance, marketing, operations, policies, microstructure, information technology, organized retail, telecommunications, Indian social issues and cricket growing along with the growth of the financial market and economy of India.

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Popularly known as the father of modern financial derivatives in India, Mr. Chauhan spoke in lengths about his stay at IIMC and his work with IDBI. He shared the challenges he faced being a part of the core team that founded NSE and the regulatory norms in the business set by SEBI, FICCI and CII of which he is an eminent board member. Quoting “Life is very random”, Mr. Chauhan spoke of how things at NSE led him to the role of CIO at Reliance Communications and later as the President & Group CIO of Reliance Industries Ltd.

Mr. Chauhan laid stress on the importance of proper execution and how good strategy coupled with proper execution can work out wonders. He related this with his tenure as the CEO of Mumbai Indians. He also discussed about the strategies adopted at the BSE and competitive advantage in its rivalry with NSE. He explained students about the intricacies of the trading business and how good strategies fail when traders start believing in their bluff, thus explaining the students about the need of sound judgmental skills in making business decisions.

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He also laid importance on the use of sophisticated technologies and new trends like Algo Trading in business because speed and fast information flow form the essence of effective and competitive business practices. He mentioned the examples of failure of over the counter exchange and how modern trends have significantly changed the ATMs, Liquidity, Derivatives, Nifty, Futures, Options and Forwards in the market.

The sessions turned out to be extremely informative and engaging as it was full of anecdotes from real life experiences which he interspersed in his talk. Mr. Chauhan also urged the students to develop entrepreneurial skills and to contribute to the society in any way they can.

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The student community was present in large numbers during the session to learn from such an experienced member of the industry. The objectives of such sessions conducted by Finomina and other clubs & committees at IIMU are not only to learn about the industry that the speakers represent but also to form relationships with them and with their companies for collaboration in designing academic curriculum and other activities on campus.

IRISThe Photography Club of IIM Udaipur helped in coverage of the event.