Finance Committee

About 

In the words of Benjamin Franklin, “Investment in knowledge always pays the best interest”. We, at Finance Committee invest in knowledge and share our interests with our peers.

Finance Committee, started in 2018 with the amalgamation of FinNiche and Finnacle Investments, is the finance wing which aims to make IMT the perfect spot for finance enthusiasts. Its vision is to increase the financial awareness among the students and complement their classroom learnings by giving them opportunities to understand the real financial world. This objective is achieved through the various competitions, workshops and guest lectures held throughout the year.

The intra college and inter college competitions organized by the finance committee namely Open Outcry and RisCon see participation in huge numbers and it aims at evaluating the acumen of students in the financial domain through case-study and online trading. 

The committee publishes a fortnightly newsletter, FinShastra which is a one-stop magazine for all the biggest financial news and trending topics.

In addition to this, we also conduct FinGyaan sessions for our batchmates as a part of our peer learning objective. These sessions help the students clarify any doubts they might have in the topics covered as part of the curriculum while also helping them revise for their assessments.

NFO:

Finally, Finance Committee gives an opportunity to the enthusiastic and bright financial minds to channel their interests, sharpen their skills and enhance their knowledge by exchanging ideas, deliberating and debating on the various pressing issues happening in the world.

Formal Photograph of the Senior FiNiche Committee

The names are in the following order:

Front Row (Left to Right): Archit Baser, Sritam Samantaray, Ananya Nath, Ritu Rajan, Arushi Bhambri, Susweta Banik, Chetanya Singh, Snigdha Rao, Sahil Gauba

Back Row (Left to Right): Gaurav Sharma, Soumya Rup Chanda, Akshit Goyal, Anirudh Mittal, Sunil Behera, Shashank Malla, Parv Surana, Shubhendu Mahajan, Ashwin Bansal

List of events conducted

Finance Events: The first event conducted by Finance Committee in the academic year is OPEN OUTCRY. An ice-breaker intra-college event, it is open to the first-year students to participate in pairs with exciting prizes to win. It is usually a three-round competition which includes quiz, treasure hunt and trade simulation activity and other such interactive and fun activities which test the finance, economics and general knowledge of the fresher batch.

Finance Sessions: FinGyaan sessions conducted by the committee have consistently seen high response from the students. Apart from the class room topics, we also conduct FinGyaan on trending topics and

important financial developments in the world from time to time.

National Finance Conclaves: Finance Committee organizes national level risk management conclave, “RisCon”, in which participants from various reputed B-Schools across the country participate. It is a 2-round quiz cum case study competition along with a virtual trading competition- Mock Stock.

FinShastra: Finance Committee publishes a bi-weekly newsletter called “FinShastra” which has articles on various happenings in the global and Indian markets in addition to special write-ups on important topics, common doubts in the course syllabus, scams and scandals which shook the economy at large.

Guest Lecture Sessions: We facilitate guest lectures that will give us the real time exposure of the industries and economies.

Workshops: Finance Committee club conducts workshops like “Technical Analysis of Financial Markets”, “Multi Bagger stocks” by Money Roller in which seasoned professionals in stock market mentor the students.

New Fund Offering (NFO): Finance Committee launches its NFO in the month of January- February where the batch is asked to invest with Finance Committee. The money is invested across various sectors in the market, and the returns are given back to the batch at the end of the lock-in period. In the past couple of years, our mutual fund has given a return of more than 20% annually, and we do our best to beat market estimates.

Details of Magazine/Newsletter

Finance Committee publishes a bi-weekly newsletter called “FinShastra” which has articles on various happenings in the global and Indian markets in addition to special write-ups on important topics, common doubts in the course syllabus, scams and scandals which shook the economy at large.