Atharva 2018: Inauguration Ceremony

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The 31st edition of TAPMI’s annual management fest Atharva commenced with the Inauguration Ceremony on 19th January 2018. The ceremony began with an invocation song followed by the lighting of the ceremonial lamp by the Chief Guest Mr. Deepak Kulkarni, CHRO, Bajaj Electricals, the Chief Guest of Honor Mr. Ashneer Grover, PC Jeweller Ltd, President of New Business and Strategy and the Director of TAPMI, Dr. Madhu Veeraraghavan. This was followed by an overview of Atharva and the theme of the year “Modulate the Mayhem”.

The Director of TAPMI Dr. Madhu Veeraraghavan spoke warmly about the event and complimented the team of Atharva for bringing this event together successfully. He said events like these make a B school life complete. He then spoke about the newly launched PGDM HR program and how TAPMI is a forward-looking B School. TAPMI is also looking forward to taking major leaps in the field of management in coming future. He also spoke about how the life in TAPMI is not just about academics but also much more. There are a lot of student events lined up in coming few weeks and the Director is looking forward to all of them. He thanked the Chief Guest for gracing the occasion and asked the students to learn whatever they could from the guest lectures which have been scheduled during the event.

The Convenor of Atharva Mr. Harshvardhan Sheth then gave an overview of the 31st edition of Atharva. He walked through Atharva’s history back when it had modest beginnings and how the event grew over the years. He elaborated on the theme of the year “Modulate the Mayhem”. He then elaborated on the plethora of exciting events which have been lined up this year. These events range from Business Plan competition to a marathon for a cause. Other events cater to the enthusiasts of Marketing, Analytics, Finance etc. This was followed by an introduction about our Chief Guest Mr. Deepak Kulkarni and our Chief Guest of Honor Mr. Ashneer Grover.

Mr. Deepak Kulkarni then addressed the gathering. He thanked the college for inviting him to this event and praised the college for organizing an event of this scale. He then spoke about the theme of the year and elaborated the importance of modulating the markets. Being an HR, he spoke about the importance of HR in markets. He also asked the students to improve their skills as there is an acute shortage of skilled workers in the market. He spoke on the importance of grassroots experience taking examples of situations from the industry. He spoke on regulations and legislation related to labor management. He emphasized on stress management among the employees. He asked the students to spend a couple of minutes every day to focus on mastering oneself and cleansing the mind of stress.

He appealed to the college to incorporate Kaizen philosophy in its way of life. He then spoke about his experiences during his corporate internship days in Godrej Soaps. He spoke on how we can build on the branding strategy of TAPMI. He spoke about organizational hiring strategies and the different competencies which must be considered before hiring an employee. He concluded by once again thanking the college for inviting him and showered praise on TAPMI for being a center of excellence bring an end to an engrossing speech. The next few days are promising to be intellectually stimulating, fun and a great learning experience.


Finomenal 2017: Day 2 : Valedictory Ceremony


WhatsApp Image 2017-10-29 at 6.02.31 PM.jpegOn 29th October 2017, Finomenal 2017 came to an end with its valedictory ceremony. This year’s Finomenal was centered on the theme Govern, Strengthen and Transform. It gave a platform to bring together 13 industry experts from various domains with students from 13 different colleges. The flagship events were Echo – the guest lecture series, roundtable discussions and Accretion 1.0 where 35 teams brainstormed on mergers and acquisitions and top 6 teams competed in the final round.

The esteemed guests for the day Mr.Saurabh Sharma, Mr. Mitul Desai, Mr. Aditya Agarwal, Mr. Jayna Gandhi, Mr. Ganti Murthy and Mr. Adtiya Gadge gave their closing remarks and shared their experience about Finomenal and Tapmi Institute.

Winners of various competitions held across these two days were declared and awarded. The team from Tapmi Manipal emerged as Bloomberg Champions 2017 and SIBM Bangalore was the runners-up. In the section wars of hashtag challenge, section 1 emerged as the winner, winners of accretion were IIM Calcutta( Shubham Ranka and Vinay Sheoran)  and of govern it right which was an intra-college event were Ambrish and Nadan.

The event was concluded by the convenor of Finance forum with his vote of thanks to all the guests, committees, faculties and the students for the making of Finomenal 2017 a phenomenal event.

Finomenal 2017: Day 2: Coffee, Cookies and Conversations – Special Edition with Mr. Aditya Gadge, Founder of Priwexus


On 29th October 2017, Mr. Aditya Gadge interacted with students from PGDM (BKFS) where he started by explaining what wealth management is. Wealth management includes investing, budgeting, planning, resource allocation and how each family member’s needs are taken care of during this process. The major difference between handling wealth in Western countries and India is the kind of relationship one has with the clients. In Western countries, one handles their wealth and then expects them to be friendly. In India, one has to become their friend and then they trust one with their wealth. This is mainly because you are handling wealth not only for them but also for their future generations.

There are 3 teams of wealth management which includes advisory, products and compliance. It is all about juggling multiple things and adapting to changing situations. The prerequisite for wealth management is knowledge of the products. According to him, “Wealth management is always about knowledge; if you have that, money will follow”. Another important trait is to have extremely good people skills. A wealth manager does not have a typical 9 to 5 job; his business is conducted mostly outside the office.

He then discussed alternative investments which can be defined as investments in any other funds except debt and equity. SEBI has started a very good initiative with Alternative Investment Funds being introduced. There are hundreds of opportunities opening up with investments in the movies business, art and real estate. With over 350+ Alternative Funds already set up, these funds provide an opportunity for individuals to invest money in.

The scenario in India is currently changing and the world is looking at us. The scope of wealth management is huge with per capita income as well as the standard of living increasing.

Most business families in India are in the 3rd generation who are financially literate individuals and understand the importance of wealth managers. At Priwexus, they are focusing more on the future generation. The aim is to create a peer to peer network of high wealth individuals which not only caters to top 100 business families but also Tier 2 and 3 families who were outside the purview up until now. He ended by saying, Wealth management is a changing and dynamic field; one always has to be on top of their game”.

Finomenal 2017: Day 2: “Banking in a time of Change” – Mr. Aditya Agrawal, Joint Vice President, TransUnion CIBIL Limited

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29th October 2017: Mr. Agrawal, in his lecture on “Banking in a time of change”, dwelt on the changing face of Indian financial institutions, driven by the technological advancements and change in customer preferences that we see today.

Quoting Frances Hodgson Burnett, “At first, people refuse to believe that a strange new thing can be done…then it is done and all the world wonders why it was not done centuries ago”, he said that disruptions in technology are transforming the banking sector. Banking is increasing turning to customer-centric models, he continued, and people are turning to their apps on their mobile phones or websites to handle their banking needs.

He then explained the evolution of the banking channels- traditional banking with physical channels gave way to digital channels, with 247365 access to services and focus on personalization. Today, advanced data analytics combined with AI empowers financial institutions with strategies to enhance the customer experience.

In India, the evolution of a new digital landscape built on JAM (Jan Dhan Yojana, Aadhar, and Mobile), is paving the way for greater financial inclusion.  The increase in payment banks, however, will increase competition in rural and semi-urban sectors, where traditional banks have to offer superior customer service and competitive products to stay ahead.

Mr. Agrawal also devoted a significant portion of his talk explaining the relevance of the emerging field of blockchain technology in banking. The blockchain is essentially a distributed ledger where each block contains a timestamp and holds batches of individual transactions with a link to a previous block. It creates secure alternatives to time-consuming banking processes, particularly with regard to online transactions.

The speed with which modern technology has developed has meant that the traditionally slow-moving financial institutions have to remain relevant to customers and competitive in the marketplace. With companies such as Google and Amazon venturing into fin-tech space, banks face more competition and bigger challenges. It is therefore imperative for financial institutions to evolve with time, becoming flexible enough to keep up with the demands of today’s society.

Finomenal 2017: Day 2: “Wealth Management and Investments” – Mr. Saurabh Sharma, Product Head-Liabilities, NRI & Payments, National Australia Bank


On 29th October 2017, the second day of Finomenal 2017, Mr Saurabh Sharma, gave a thoughtful lecture to the students of TAPMI on Wealth Management. He started the lecture by discussing various careers in wealth management. He discussed what is wealth management and who are the investors. He then explained why investors invest and how do they decide where to invest, few methods discussed were: deciding the risk profile of a client, defining asset class allocation, deciding product allocation etc.

He encouraged students to explore investing options. Mr Sharma quoted, “Taking the right call at the right time is important while investing”. He explained a couple of investment opportunities available in the market, few of which were Mutual funds, Direct equities, Portfolio management schemes, Bank deposits, Insurance, Bonds etc. He then listed out the skill sets required for wealth management few of them being, technical skills, ability to deal with pressure, interpersonal skills, empathy and discipline.

It was an interactive session and students found the session to be very knowledgeable and insightful. Mr Saurabh Sharma engaged into interactions with the students answering all queries related to wealth management and investment.

Finomenal 2017: Day 2: “Compliance and Risk Management in Banking”- Mr.Mitul Desai, Head – Compliance and Operational Risk, National Australian Bank

Mitul-3On 29th October 2017, Day 2 of Finomenal 2017, Mr. Mitual Desai delivered a guest lecture on “Compliance and Risk Management in Banking“ in our campus. He started off by giving a brief background of himself. He then gave an overview into the various business divisions in a Banking company such as Treasury, Retail Banking, Corporate Banking, Compliance and Risk Management, Trade Finance and so on.

A significant part of his lecture was on Risk Management in Banking and the various types of risk associated in Banking such as Credit risk, Market risk, Operational risk, Regulatory risk and Technology Risk. Risk Management teams are often referred to as “second line of defence” in a bank’s risk strategy – sitting between management(1st) and internal audit(3rd). He also spoke on the significance of compliance and risk management departments and how they have become an indispensable part of the banking sector. He used examples of top banks which are investing more to strengthen their compliance department.

Mr. Mitul Desai later dwelled on the different aspects of compliance departments and some key compliance regulations in India. He then offered career advice to students who are aspiring for a career in the compliance roles within banking. He elaborated on the different skill sets which are required for successful risk and compliance professionals. He also threw light on the various career paths in risk and compliance such as jobs in credit risk, market risk, operational risk, anti-money laundering (AML) etc.

Mr. Mitul Desai later did a SWOT Analysis of Foreign Banks in India and did a comparative analysis with their Indian counterparts bringing down the curtains on what has been a fascinating discourse on Compliance and Risk Management in Banking.

FINOMENAL 2017: Day 1: “Asset-Liability Management”- Mr. Anand Bagri, Head-Domestic Markets, RBL Bank Ltd


On 28th October 2017, the inaugural day of Finomenal 2017, Mr. Anand Bagri, gave an insightful lecture to the students of TAPMI on Asset-Liability Management in banks. He started the lecture by showing how Financial markets can be sub-divided into the money market, debt market, forex market and debt capital market. He then went on to give students an idea about various aspects of banking and financial services.

Mr. Bagri quoted, “The objective of Asset Liability management is to effectively manage liquidity risks by maintaining adequate liquidity at all times”. He went on to talk about the nitty gritty of asset-liability management in banks giving a fair view of the sector to the students. He then explained how RBI manages the liquidity in the system through its monetary policies. He also explained the various monetary tools like repo rate, reverse repo rate, cash reserve ratio (CRR) and statutory liquidity ratio (SLR) and how each of these can impact the liquidity in the markets.

It was an interactive session and students found the session very knowledgeable and insightful. Mr. Anand Bagri invited questions from students and patiently answered all their queries giving them a fair view of banking and asset liability management.