Students interested in the area of Finance join together to form Finance Club which engages in activities aimed at furthering the knowledge and skills of students in the area of Finance. The Club conducts programs like invited lectures by experts, quiz programs for students etc.
Some of the programs conducted by the Finance Club are as follows:
2023-24
Totally 6 teams participated in the event. Each team consisted of 4 members. The teams were given the financial data of two companies and asked to analyze the data and make investment decisions in one of the companies. Each team was given ten minutes for presentation and five minutes for question-and-answer session.
2022-23
The group discussion competition was organised to enable the students to analyze themselves on a variety of parameters, such as their level of confidence, teamwork, communication, analytical etc. The topics discussed in the group discussion were: Impact of Sri Lanka’s Economic crisis on India, Is India ready for electric vehicles?, Is social media making people unsocial?, Indian villages are our strength, We need more Entrepreneurs than Managers, Is India ready for a cashless economy?, Will e-commerce dominate physical stores?, Work from home Pros & Cons, Challenges of Digitalisation, NEP - the New Economic Policy, Technology increases unemployment.
The first round was Finance Quiz. After the first round, the top 18 participants were selected and formed into six teams of three participants each. Teams had to analyze the Financial Data of two companies and make decisions about issuing long-term loans to one of the companies. Each team was given ten minutes for presentation followed by question and answer session for five minutes.
Mr. Sajan began his session with the basics of stock market. He explained the procedure of investing in the capital market, and the difference between savings and investments. He also spoke about various options available in the mutual funds, features of mutual funds, and do’s and don’ts of investment. Speaking about the equity investment speaker explained about the growth of Sensex, compounding impact of equity investments, inflation-beating capacity of the equity, and increasing consumer demand.
Finance club organised a workshop for the final year students to enable the students to understand the basic excel functions. Trainer for the session was Prof. Girish M. He gave a quick overview of Excel, covering topics such as an excel sheet and how ribbons in the tab bar work. He also explained how one can make things work for oneself easily rather than trying them hard. Later, he began with practical exercises. The practical session covered topics such as how to easily add and subtract large volume of data using key functions and the IF function. Students practiced enough exercises on Excel.
2021-22
The co-ordinator of the event explained the activity and stated the rules and regulations. The whole class was divided into four groups and some news about the companies was presented to them to help them to analyze the market situations and invest wisely. There were 13 companies from different sectors. Each group was given 10,000 points to bid for the company. The participants actively participated in the bidding. After calculating all the points gained by the teams in bidding winner was announced.
The Budget 2022 focused on digital, technology and sectors like infrastructure, health, solar & renewable and provision of e-services to the masses. A group discussion competition on Union Budget 2022 was conducted to create awareness on budget highlights among the students. The topics assigned for discussion on Union Budget were: Solar and Renewable energy, Infrastructure & Health care, Tax on digital assets, Digital Banking & E-Passport, Ease of doing Business.
Group Discussion competition was organised to prepare the students to face interviews and exchange the knowledge on various finance concepts. The topics assigned for group discussion were: Is FDI good for Indian Economy?, Crypto currency- A bright future or just a fad?, Bank Mergers in India- Is it good for Indian Economy?, Privatisation of Public Sector in India- Is it a right step?, Team 5: Is India ready for cashless economy?, Team 6: Sensex- Sensitivity has nothing to do with economy and society.
The session began with briefing about the attributes of a strong resume. He spoke about the important contents in the resume which a recruiter will always look for while selecting a candidate. He also recommended some of the courses like Power BI, SQL, Access, Power Point, MS Excel, which adds weightage to the resume. He then explained about different financial service providers such as EY, KPMG, PWC and Deloitte. He also spoke about management consulting and core business services. He mentioned the difference between Investment banking and Commercial banking. Later, he explained about Private Equity like TPG and Blackstone Group and said that their expectations from the candidates are very high and the candidates must possess advanced skills. The session concluded with a Q & A session.
The speaker began the session analysing the performance of stock market under e-trading screen platform. He spoke on how the capital market operates by giving brief explanation about e-trading, benefits and De-materialization. Then he spoke about Savings v/s Investments with regard to risk reward relationship, inflation and return. He also explained basic features of Asset classes with reference to its return, safety, liquidity, recurring, investment size, periodic income and tax exemption. He spoke about key aspects of financial planning and also financial products available at BSE.
There were 50 questions from different knowledge base such as Personality, Tag lines, Logos etc. Most of the questions were provided with 4 options and the students had to answer the quiz individually. Some of the questions asked in the competition were: Which term is used for "Money which is used to purchase assets that will remain permanently in the business and help it to make a profit"?, What is the effect of increased Bank rate on stock price?, Nasdaq-100 Index (NDX) is the stock index of which country?, Who is the ex-officio chairman of Planning Commission?, Which bank introduced the system of ATM first?.
Mr Ramachandra Bhat, Professor, Department of Commerce, MGM College, Udupi began the session speaking about how trading takes place in a stock market. He explained about the role of internet in trading and the benefits of online KYC. He briefed about the difference between savings and investments and spoke about power of compounding. He spoke about investment in mutual funds and its advantages. The speaker explained about financial planning and highlighted the need for financial planning.
Prof. Prasanna Tantri, Indian Business School, Hyderabad began the session with a brief introduction about NPA. The speaker then spoke about the phenomena of Evergreening of loans and briefed about the origin of the Banking crisis in 2008-09 with Regulatory Forbearance being introduced. He touched upon 'Zombie Lending'. He concluded saying there is need for proper financial structure in any economy to ensure its growth and avoid instances of frauds.
The panel discussion was organized to give a brief picture on how digitization has changed our way of transaction. The panelists presented their views on various topics such as Net Banking, Automated Stock Trading, Wallet Payment, and Challenges of Digitization. The panel enlightened the listeners about why is it necessary to know about digital finance and the implications of it in day today life.
2019-20
The speaker for the session was Mr Nishanth M.S, Vice President – Head of Training at Bharti AXA Life Insurance Co Ltd, Mumbai. He discussed about various channels in Life Insurance Company viz., Agency, Bancassurance, Direct Distribution, and Online. Later, he spoke about various job opportunities in Life Insurance Company. He concluded the session by discussing the pros and cons in each of the careers and the competencies required.
The speaker for the webinar was CS Santhosh Prabhu (MCom, LLB and ACS). Founder of Santhosh Prabhu & Co, Udupi – A Practicing Company Secretary firm. Session started with history of FEMA and its basic structure. The speaker spoke about the objectives of FEMA and its applicability in India. He also spoke about the capital Account and Current Account Transactions under FEMA in detail.
The competition was conducted to check the knowledge of the students on portfolio management, investments and direct taxation. The students had to present a case, which was provided to them a week before the date of Presentation. Six teams have participated in the event. Each team presented their case based on the assumptions they had made about their investment portfolio.
Mr Ramachandra Bhat, Department of Commerce, MGM College, Udupi gave a lecture on "Stock Market awareness". He said to trade in the stock market there is need to open a Demat Account. Once the account is opened it need to be linked to the investors bank account. He spoke about types of stock derivatives such as Futures and options. He also spoke about settlement in the Stock market.
A quiz competition was conducted to check the awareness of the students about the financial aspects. There were 90 questions. Answer to each question was provided with 4 options and the students had to answer it individually.
Mr. Umesh Roa, Chartered Accountant, Moodabidri was the speaker. He began the session with residential status by giving example of Vodafone and Hutch acquisition. He spoke about the size of yearly budget of Indian economy - 35trillion and yearly tax collection by the government is 14 lakh crores. He also spoke about Cost to Company (CTC), Tax Deducted at source (TDS) and Enforcement directorate (ED).
Mr. Vighnesh, Business Analyst, Intellect Design Arena Ltd, Chennai spoke about Big Data at first and then explained the difference between Analytics and Analysis and how data can be converted into meaningful information using Big Data Analytics that can be used for taking critical business decisions. Later he explained the role of Business Analyst in IT sector and encouraged students to take up a career in Analytics.
An exercise called ‘Choose, Think and Connect’ was conducted in order to sharpen the thinking ability of the students and to make them more creative. In this activity, every team had to choose a set of pictures, think and create a script. Each team was given 20 minutes to discuss and create the script. The time for presentation was 10 minutes. A total of 10 teams of 5 members each participated and at the end, winners were declared.
The competition was conducted to build confidence among the students to face interviews and take up a successful career. Various topics such as Electronic Voting Machine (EVM) v/s Ballot system, Goods and Services Tax (GST), Education System in India, Statue of Unity, Corruption, Merger of Banks, Social Media for Marketing Products were discussed. This event helped the students to enhance their knowledge and improve their team management and communication skills.
The Club organised a Aptitude test competition in Finance. The co-ordinator gave certain clues to find the answers to the questions and the sources through which the students can get sample test questions. The event was conducted for II-year MBA students in order to prepare them to face interviews. There were 12 teams. Each team consisted of 6 to 7 members. At the end of the test, winners were declared.
A quiz competition was conducted for II-year MBA students in order to gauge their awareness about the management terms and corporate highlights. Students from both Finance and HR participated in the competition which had several rounds such as Jumbled Words, Personality Identification, Tag Lines, Logos, and Abbreviations. Three winners were announced at the end of the competition.
A workshop on Investment was organized for the students of II-year MBA, where Mr. Muralidhar from Wealth Grow Financial Services spoke about the need for savings and about the various options available for investment. He inspired the students to start saving and investing at an early stage of life with his investment mantra “Start Early, Invest Frequently”.
The Club organised a Business Quiz Competition for the MBA students. The event was organised to improve the level of knowledge of the students in the field of finance. Mr. Prajnesh and Mr. Irshad of 1st Year MBA were the quiz masters. 4 teams participated in the event and the winners were declared.
Prof. Jayadeva Prasad gave an expert talk on the New Industrial Policy to the students of MBA. He talked about the major shift in policy made by Narasimha Rao government aimed at removing the economy from the shackles of bureaucratic control, introducing liberalisation, removing restriction on FDI, removing MRTP controls, shed loads of public sector. Various other topics such as the implications of NIP, Disinvestment of Public Sector Units, Globalization, Foreign Trade, and Monetary& Fiscal Policy were also discussed.
Mr. Jithesh Choudhry is currently working as Executive Assistant to Director in Finance at MRPL. He started his career as an Accounts Officer in one of the Birla Group of Companies and handled factory accounts and commercial functions therein. He spoke about the basics of refinery, refinery margin, impact of exchange rate fluctuation, industrial installation, new thought process, working capital and risk mitigation.
Mr. K. Ramakrishna Bhat, Retired Officer, Customs and Central Excise Department, Karnataka gave a brief introduction to Goods and Services Tax (GST). He also explained several issues related to GST and various terms such as GST Council, E-Way Bill, CGST, SGST, IGST. CA K. Ganesh Rao took the second session and spoke about the self-employment opportunities that have opened-up for Finance students owing to implementation of GST. He encouraged students to keep themselves updated by reading newspapers and discussing the latest GST case laws among peers.
Mr. Devicharan, is training banking aspirants at PRICE, Mangalore, PRIME, Udupi and V CARE CLASSES, Mangalore. He covered a wide spectrum of topics like the new developments in the banking sector, banking as a career, types of banking exams and the eligibility criteria for the same. He motivated students to pursue a banking career as it is lucrative and also secure.
The workshop was conducted in association with Institute of Finance Banking and Insurance (IFBI) to spread awareness among MBA students about the job opportunities available in the banking sector. The speakers were Mr. Vishwapathi, Centre Head, NIIT and Mr. Abid, the General Manager, NIIT. Both of them gave a brief insight as to how students can join banks through IFBI and the potential growth opportunities available in the banking sector. The speakers discussed the key concepts to be kept in mind while preparing for IBPS examination.