Session on Enhancing Financial Awareness for Future Business Leaders: Navigating the financial landscape.
Organized by
School of Management and Commerce
Date: 20th November 2023
Venue: B Block Auditorium
Time: 12:30 pm onwards
Resource Person: Dr. Manisha Jain
Objective:
The primary objective of the session on financial awareness for BBA students was to equip them with a comprehensive understanding of financial concepts, instilling the importance of financial literacy in their academic and professional pursuits.
The session was conducted by Dr. Manisha Jain, an alumnus of IMT Ghaziabad where she pursued her PhD in Finance. She worked in the Banking and Financial Services Industry with brands like Prudential ICICI, IL&FS, Indiabulls, Manipal and HSBC for over a decade gaining experience across Capital Markets, Investment Banking, Management Consulting, Investment Advisory, Training and Development. She is empaneled with Securities and Exchange Board of India (SEBI), NSE, BSE, NISM, (Pension Fund Regulatory and Development Authority) PFRDA, CIEL and NCDEX to impart Investor Awareness and to empower youth with Financial literacy. She has trained over 10000 people (students, women, young and savvy investors) in the last 5 years and has been an enabler in introducing financial literacy programs at middle schools. She has mentored several startups on valuations, sales, strategy, operations, and funding.
The session by organised and coordinated by Dr. Rashi Banerji, Assistant Professor, SMC, MRU, and a total of 75 BBA SEM 1 students attended and benefitted from the session. Dr. Tanushri Purohit, HOD, SMC welcomed and felicitated the guest with a planter.
Key Takeaways:
Importance of Financial Literacy: Emphasized the crucial role of financial literacy in making informed decisions, both personally and professionally.
Budgeting Skills: Provided practical tips on creating and maintaining a budget, helping students manage their finances effectively.
Understanding Banking Services: Discussed the various services offered by banks and encouraged students to establish a strong financial relationship with a bank.
Credit Management: Educated students on responsible credit usage and the impact of credit on their financial well-being.
Investment Knowledge: Introduced basic investment principles, enabling students to make informed decisions about growing their wealth.
Financial Planning: Emphasized the importance of setting financial goals and developing a plan to achieve them, including the establishment of emergency funds.
Practical Application: Incorporated real-world case studies and examples to illustrate the practical application of financial concepts in everyday life.
Outcomes:
The students actively participated in discussions and demonstrated a keen interest in understanding financial concepts.
The session was praised for its clear and concise delivery, making complex financial topics accessible to all students.
The inclusion of case studies and a Q&A session enhanced the interactive nature of the session, facilitating better comprehension.
Students appreciated the direct relevance of the session to their BBA studies and future career paths.
