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Jaipuria Jaipur organized a Finance Conclave on the theme “Recent Surge in Indian Stock Market: Is it fundamentals led growth or Sentiments?”

On March 21, 2015, Jaipuria Institute of Management, Jaipur organized a Finance Conclave. The occasion witnessed the presence of eminent personalities: Dr. Kapil Arora, Associate Professor (Finance), JK Lakshmipat University, Jaipur; Mr. K C Sharma, Retd. GM, Bank of Rajasthan; Dr. Satish Kumar, Assistant Professor (Finance) Malaviya National Institute of Technology (MNIT) Jaipur; Mr. Manish Gupta, stock market analyst and founder, Future Capital Advisors; Mr. Gaurav Goyal, Regional Head, SunteckWealthmax; and Mr. Arpit Gupta, Equity Research Analyst and Founder, Achievers Institute.

While addressing the inaugural session,Dr. Swati Soni, Dean, Jaipuria Institute of Management, stressed the relevance of the topic in times of rising markets and market expectations of high growth in Indiaowing to a stable government and improving macroeconomic fundamentals.
Prof. Prashant Sharma, Assistant Professor, Jaipuria Institute of Management delivered the opening remarks by putting forth the need for highlighting the two different factors responsible for the market movements – i.e. fundamental and sentimental.

Dr. Satish Kumar, Assistant Professor, MNIT, Jaipur and moderator of the panel discussion, discusses the “irrational exuberance” persistent in the market and the need for tackling challenges, including the fiscal deficit, a huge piling of NPAs of public sector banks, high inflation and a bleak global outlook for improving the long term prospects of the market.

Dr. Kapil Arora, Associate Professor, JK Lakshmipat University, Jaipur, highlighted the role of herd mentality and behavioral finance perspective in the movement of financial markets. He emphasized the focus on financial services, digital connectivity, retail, education, power and agriculture to bring about long term growth in the financial markets.

Mr. Manish Gupta, stock market analyst and founder, Future Capital Advisors said that he is quite bullish on the stock markets. With a lot of liquidity available around the world with FIIs, Indian markets have a golden period looking ahead. Major shares may be trading at all-time highs, but still they could be bought as the markets are slated to beat all previous records.

Mr. K.C Sharma, Retd. GM, Bank of Rajasthan, emphasized that the movement is primarily because of sentiments. The significant fall in the stock index after the passing of the Union budget signifies that however strong the growth measures may be in the budget, the market is based more on daily news and sentimental factors. He stressed that though the market may be flowing with huge liquidity due to a recent decline in the repo rate, the liquidity does not result in building up of infrastructure and growth but does find its way into the speculative activities like stock markets.

Mr. Gaurav Goyal, Regional Head, Sunteck Wealthmax, talked about the importance of patience and discipline in stock investing.

Mr. Arpit Gupta, Equity Research Analyst and Founder, Achievers Institute, put forth two perspectives for analyzing the stock markets. He emphasized that though the market is overvalued currently with P/E ratio 23 times and P/B ratio 3.6 times, the EPS and ROE growth rate has not increased, reflecting that the market is based more on sentiments.

In the end, Prof. Bhawani Singh Rathore, Assistant Professor, Jaipuria Institute of Management delivered the vote of thanks to all the guests and participants. He thanked all the experts for deliberating on the topic, which is very much relevant in a time when India is gearing up for a double digit growth rate.

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Jaipuria Lucknow STUDENT Speaks

“Being a science student, accounting and finance were new to me. But the faculties, and my batch-mates at Jaipuria Lucknow, helped turn them into my strength.”

“During my first year at Jaipuria Lucknow, I realised that my inclination was more towards Finance subjects. I enjoyed picking up all kinds of information about Finance from the newspapers, TV, Internet or discussions with colleagues at Jaipuria Lucknow. By the end of the first year, I had decided that I would specialise in Finance. Banking became my dream sector.”

In 2011, Jayanti cracked her summer internship with the Union Bank of India regional office, Allahabad. Her project was ‘Assessment of working capital requirement of export finance with special reference to carpet export’.

“My project mentor at Union Bank of India was Mr. Sanjay Narayan, Senior Manager, Credit. Under his guidance, I was able to learn a lot about Banking Finance, which further strengthened my interest and inclination towards Finance. The best part was that if I needed some clarification, I could pick up the phone and call up my faculty guide at Jaipuria Lucknow, regardless of the time of day.”

This summer internship played a major role in grooming Jayanti for the banking sector; not just in terms of knowledge about finance, but practical exposure to the sector as well. It prepared her well for the placement season in Jaipuria Lucknow, especially her interview with Oriental Bank of Commerce.

“The interview panel initially asked me to introduce myself and there were some questions regarding my family and educational background. This made me quite comfortable with the interview. Then, there were some questions on finance subjects, but very soon the interview turned into a discussion on my summer training project. Once this happened, I was able to take the interview to a desirable conclusion.”

Jayanti believes that ‘being confident’ is the mantra for facing any interview. She feels that the placement process is a mix of success and failures; patience and determination is necessary to succeed. Ultimately, hard work always pays.

“Being a Science student, Accounting and Finance were new to me. I did face some difficulties but gradually, with the help of faculty, the well-managed teaching pattern and my batch-mates at Jaipuria Lucknow, I was able to turn these subjects into my strength. During the placements, extra classes were conducted to align us with the expectations of the industry, which proved to be very useful.”

Jayanti believes that life in Jaipuria Lucknow is absolutely amazing; she feels it has completely shaped her professional path as well as her personality. She fondly remembers Talaash, a fest which is more like a talent hunt from among the first year students. Over her two years at Jaipuria Lucknow, she participated in numerous events, and won the 2nd prize in badminton. As a member of the alumni committee of Jaipuria Lucknow, she had the privilege of coordinating alumni meets for various chapters.

All in all, Jayanti is very happy with the decision she made about studying here at Jaipuria Lucknow.

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Blog Jaipuria Featured Stories Jaipuria Lucknow Events

Alumnus Ms. Pragya Mathur comes back to her institute to make students aware of the opportunities in the ever-growing field of HR.

It was a homecoming of sorts for Ms. Pragya Mathur, alumnus, Jaipuria Institute of Management, Lucknow, who was back at the institute to deliver a session on Human Resources. In her eight years’ professional career since the PGDM, Ms. Mathur has made giant strides and is now the Chief Manager, HR, Dainik Bhaskar Group. Hence, the talk on “Role of Training & Development in HR” was not only educational for students, but they also gained insight from the experiences shared by Ms. Mathur, which made the topics of the talk easier to relate to.

Ms. Mathur’s is a success story. In her prolific career so far, she also held the position of Senior Manager, Reliance General Insurance, which gave her a good foundational knowledge of the field of HR. That might not be surprising for a student who had been a Gold Medalist in HR during her PGDM. Due to this experience, her presence alone was inspiring enough for the students who were keen to emulate her success. Her deep understanding of the subject helped them gain further knowledge about the field where employment opportunities are growing in leaps and bounds.

In fact, Ms. Mathur was of the opinion that HR has opened new horizons for young professionals who have brilliant opportunities ahead of them. Some of the important avenues of HR she recounted included, “Retention, recruitment, reward and recognition, work life balance, learning and development, and to build brand equity for HR. Learning and development, in particular, acts as game changer and is also concerned with organizational activity aimed at bettering the performance of individuals and groups in organizational settings”.

Throughout her talk, it was obvious to students that HR offers them exciting opportunities. This is important for students as explore the many directions that they can take in their careers. Being a student of the institute herself, Ms. Mathur could use anecdotes and share experiences that instantly struck a chord with students. What’s more, she also participated in an interactive session, which gave students a comprehensive learning experience that included a peek into the real world corporate life of an HR professional.

Reflecting on her own journey in the field, Ms. Mathur said, “It has been quite motivating. From my experience you need to be a ‘buddy’ to your colleagues and not their trainer. It helps you gain their trust, which is crucial to make people believe in you and make sure they work out of security rather than pressure.” She also talked about the importance of small things like wishing colleagues well on their birthdays, responding to their messages and trying to sort out their problems, which go a long way in building a bond with them.

It was interesting to hear Ms. Mathur talk about the importance of what you learn from books, because everything that gets implemented in the corporate world, is in them already. She also had helpful advice for students during the transition period of becoming full-fledged professionals: “There is a three month adjusting period when you enter the corporate world. It’s a process you go through and is a learning experience. I am glad Jaipuria, Lucknow prepared me for it because I had the confidence to outshine students from IIMs”. With her experience and unending success, students would be wise to listen to these parting words. After all, Ms. Mathur is not only an alum who wishes them well; she is also an individual who has embarked on a path that many of them hope to emulate.

By Line: Richard George, Coordinator Media, PR & IT Team.

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Jaipuria Indore Whats New

“The fusion classes which we were exposed to at Jaipuria changed our perspective significantly,” says Vatsal while discussing about his placement with XL Dynamics

Vatsal Bagadia spent most of his life in a bustling urban environment; but, when it came time to research management programs, he knew he wanted a change- both in terms of quality exposure and management understanding. That was the reason he decided to do his PGDM at Jaipuria Institute of Mangaement, Indore. Little did he know, however, that not only would he be offered a “change in the landscape of learning”, but also an opportunity to completely transform his life. And, what was the result of his decision to attend Jaipuria Institute of Management, Indore? An impressive, placement with the renowned company, XL Dynamics.

The well-earned placement with XL Dynamics has set the aspiring entrepreneur on the right track. Vatsal wants to use his learning at the institute as a guide in his professional life, as well as future business ventures. He is immensely grateful to his institute for giving him a solid educational platform: “I was given all the facilities to ensure that I had a comprehensive learning experience. The learning environment was conducive to my growth as an individual”.

Vatsal also told us about the different activities promoted by his institute. The goal of these activities is the well-rounded development of students, in addition to preparing students for the pressures of the corporate world: “Group assignments and presentations with a specific deadline were helpful in understanding the value of time management and team effort. Rigorous working schedule inside and beyond the classroom also helped us to a great extent”.

But, of course, Jaipuria, Indore offered students like Vatsal a taste of a real life corporate experience by giving them a chance to interact with industry professionals. He also talks about the decentralization of responsibilities during events, which helped students improve their ability to work as individuals, as well as part of a team. “Each one of us had to handle one responsibility or another and it made us aware of what was to come in the future”, he says. “Being able to interact with corporate professionals was a big boost too”.

There is one particular activity that Vatsal believes left a deep impact on his learning experience. “It’s the fusion class, which focused on different aspects of self-development, including communications, preparing for real life interviews, etc. There was a lot to learn from that class; right from discipline to maintaining a down-to-earth attitude, and respecting your peer group. For me, this class was a game changer in many ways”.

Vatsal encourages his juniors to take advantage of initiatives like these that will guide them towards their overall development. He also shares his own mantra to get through the program with flying colours: “Hard work with a hint of smart work is the key. You need to keep yourself constantly engaged in things that will help you learn and grow. At times, there might be no logical reason or reward for hard work, but you should persist as results will follow”. Judging by his success, Vastal’s mantra is a good approach to succeeding as a student and as a professional.

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Jaipuria Indore Whats New

The latest National Seminar on the Union Budget organized at Jaipuria Indore keeps the focus firmly on the Youth, and involves students to the fullest

Jaipuria Institute of Management, Indore organized a National Seminar on “Demystifying the Union Budget” on the 13th of March, 2015. The Budget is a much discussed topic, and it has assumed great significance this year given that it came from the new government that has promised to implement important economic reforms. Moreover, it came at a time when the world is taking notice of India’s growing economy. But as is well known, the youth of the Nation plays a major role in building its economy. The seminar tried to involve them in the discussion, while offering offered valuable insights about the budget.

The focus of the Youth-oriented seminar was an analysis of matters of significant importance to the nation, economy and society at large. In keeping with the theme of the event, it was coordinated by students under the guidance of Dr. Bakhshi and Prof. Kalyani Parmal, faculty of Jaipuria Indore. Thus, not only did the seminar offered students the experience of hosting an event of such magnitude, it also created a dynamic and democratic platform for them to introduce fresh perspectives and present their views on the Union Budget.

The seminar was divided into two segments: the Analysis by Experts in the Technical Session followed by the Presentation Competition for the Students. Dr. Nitin Merh, Assistant Dean offered the keynote address, which was followed by a compelling talk by Dr. Priti Bakhshi. According to her, “discussing [the] Budget is not just an intellectual exercise – it is also about balancing the books and a practical accounting effort. It is a highly delicate balancing act and gives some directions or a road map to achieve a particular growth.”

Mr. Shravan Garg, Ex Chief Editor, Naidunia, was the Guest of Honour. He covered the important area of the Budget’s impact on FDI, Retail, FMCG, Real Estate and Infrastructure. He also discussed how it had would affect average citizens and corporations alike. The panel discussion that followed had eminent personalities like Dr. Ganesh Kawadia, Head, School of Economics, CA Manoj Gupta, Tax Practitioner, Mr. Ashok Badjatiya, President, GIST and CA Anurag Joshi. Each panelist made crucial points that connected with the Youth.

Discussing everything, from the expectations of the budget to the impact it has had on various industries, the panelists drove home their points through relatable examples. The experts spoke about how the budget had affected Direct Taxation and shed light on matters like Make in India, Social Security, Capital Market, Corporate Finance, Real Estate, Manufacturing and more. The Open House session that followed allowed the students to raise questions, share their doubts and express their perspectives on a wide range of matters, which impressed the esteemed panelists.

The “Post-Budget Analysis” inter-institute Presentation competition was in keeping with the seminar’s theme of involving youngsters in the larger discussion about economic matters. Students were up to the task as they came up with well-researched presentations on different aspects of the economy. A highly-engaging question and answer session with the panel of judges followed. Thus, the event that brought together industry experts, academics, media professionals and students from leading management institutes came to an end.

The winners of the competition walked away with handsome cash prizes. But everyone was going home richer in experience, notably the knowledge that the Youth of the country is a crucial stakeholder in its economy.

Writeup Courtesy: Madyantika Mehra
Pankaj Prabhat, PGDM 2014-2016

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