Finance Club Organizes Sessions on Equity, Debt and Corporate Finance

 

 The students at IIM Kashipur have developed quite an inclination towards the area of finance. Being taught a course on Financial Reporting and Analysis in the first term by one of the best faculty of IIM Lucknow- Prof Manoj Anand, the students got an opportunity to get a holistic view of the world of Finance which furthered their interest in the area. Keen towards enhancing their knowledge of finance through various initiatives, event and activities, a group of students got together and started the Finance Club – IIM Kashipur.

The fundamental belief of Finance Club has been that knowledge can be increased by sharing. This encouraged the Finance Club to start knowledge sharing sessions wherein some guys having knowledge in Finance by certifications like CFA, NCFM etc and past experience in the domain of finance started acquainting the batch with basic concepts from different areas of finance. After an initial session on the overview of financial markets, the Finance Club conducted sessions on Equity, Debt and Corporate Finance.
The session on Equity was conducted on 31st August 2011 and the speakers were Pulkit Taluja, Ravikant Sharma and Varun Kumar Agarwal. In the four hour session, the speakers covered the topics: Basic Equity Concepts, Equity Trading, Stock Indices, Models of Equity Valuation, Key Financial Indicators related to Equity and Industry and Company Analysis. The questions asked by the participants made the session interesting and the team of speakers didn’t move ahead until the doubts of all the participants were cleared.
The session on Fixed Income was conducted on 5th September 2011 and the speakers for the session were same as that in equity. Apurv Pandit, Editor – Pagalguy, also attended the session. It was a two hour session and topics that were covered are: Fixed Income Fundamentals, Fixed Income Markets, Fixed Income Instruments and Fixed Income Risks. The Finance Club plans to conduct another session on this topic to cover its breadth and depth.
The session on Corporate Finance was conducted on 22nd November 2011 and the speakers were Abhishek Kamble and Pulkit Taluja. The topics covered were: Capital Budgeting, Cost of Capital, Capital Asset Pricing Model (CAPM), Leverage, Working Capital Management and Financial Statement Analysis. The knowledge of this subject is important from a manager’s point of view as it caters to various decision making problems and their evaluation criteria.
Some members of the finance club have also started taking independent projects the results of which we would share in the near future.

 

 

 

 

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Pepsico – Plant Visit – 18thNovember 2011

Pepsico – Plant Visit – 18thNovember 2011

On 18thNov. 2011, the first batch of IIM Kashipur visited the bottling plant of PepsiCo in Bazpur, Uttarakhand. It was the first official plant visit as part of industry interaction of the students. Students were accompanied by Mr. Dinesh Saxena and Mr. Daljeet from the administration. On arrival at PepsiCo bottling plant, students were received by Mr. Maya Prakash from the HR department. After a small introduction session, the students proceeded towards the manufacturing unit where the students were introduced to the quality officer and his associates. As a safety requirement, everyone was required to wear leather shoes and the students complied with this requirement without fail. Anyone entering the manufacturing area is required to cover his heads and shoes and the required kit was provided to us. After all the essential safety and quality control requirements were fulfilled, we entered the production floor and were taken to the various sections of manufacturing viz., Water treatment, Syrup mixing, Bottle molding and Filler Units. After the production floor, students were taken to the warehouse. We got the opportunity to meet the store manager, who was recently awarded by Ms. Indra Nooyi for his warehouse management techniques. He briefed us on different warehouse management intricacies and students got their doubts clarified on supply chain issues. Later students had a 45 minute interaction with Plant’s HR manager, Amitabh Adhikary and Manufacturing manager in a conference hall. HR manager briefed about the plant’s organizational structure, various incentives being provided to the employees and the culture of the organization. Manufacturing manager briefed us about the different KPIs, seasonal challenges, price fluctuations of key ingredients and other minor issues. This was followed by a healthy Question-Answer session. Members from Placement Committee and Industry Interaction committee had a short meeting with the HR manager. They expressed their eagerness to have a long term relationship with PepsiCo and received a positive response. Overall the visit was successful in terms of the insights the students received about supply chain management and the overall manufacturing process. It also opened doors for further interaction and industrial assignments.