Guest Lecture 1819

Interactive Session on Wealth Management

An interactive session on ‘Wealth Management’ was organized by Preraran – SDMIMD Alumni Association on December 22, 2018. Mr. Vijay Kumar M., Independent Financial Adviser and alumnus of PGDM Program delivered the session.
 
Students from PGDM Program with finance specialization attended the sessions. The session commenced with drawing up ideas from the students ranging from various investment avenues to career opportunities in the field of finance. The speaker briefed about the various investment avenues which yield high returns to the investors and said, ‘in today’s dynamic business economy, there is no proper financial planning and quality advise for the investors which include lack of trust factor and continuity which is very crucial’.
 
Mr. Vijay Kumar then enunciated the benefits of a term insurance plan for an investor and his family. In his talk, sir also threw light on the financial pyramid, the process of which involves, protection planning (investing in insurance schemes), emergency cash flow planning (an investment in an emergency fund), debt reduction planning (considering loans) and investment planning (for achieving goals).
 
Mr. Vijay Kumar emphasized that, for a financial adviser to be successful, the process of financial planning needs to be done objectively and scientifically and it is essential for a financial adviser to have a follow up with clients, review their investments annually and involve them completely in the process of financial planning and wealth management. He reiterated that time spent in the market matters for making a worthwhile investment and it is not timing the market that matters.
 
The session was concluded with students seeking clarifications from Mr. Vijay Kumar on various aspect of finance and wealth management.

Invited talk on IPR by Dr. Bheemesh

Dr. M N Bheemesh, NIALS and Senior Advisor, ALMT Legal, Advocates and Solicitors, Bangalore, was invited to deliver talk on ‘An overview of Intellectual Property Rights’ on December 17, 2018 to the PGDM 2018-20 Batch and PGPM 18-19 Batch. The main aim of the session was to sensitize the students about the intellectual property rights and its significance in the management industry.
 
Dr. Bheemesh began the session by giving a brief idea of what intellectual property rights are and how it can be related to the developments in the field of management. The speaker cited the noteworthy contributions made by Arogyaswami Paulraj, Sumita Mitra, Dr. Raghunath Mashelkar who are the beneficiaries of the valuable patents for their innovations in their respective fields of expertise. He then stated that it is innovation that distinguishes between a leader and a follower and mentioned that, ideas are not patentable unless it is developed into a working model. He also highlighted about the politics of Artificial Intelligence and opined that, today the nation is ruled by financialization, globalization and digitization.
 
The session was concluded with a question and answer session wherein all the students took an active part.