The Post Graduate Department of Commerce at VVM’s Shree Damodar College of Commerce and Economics organized a guest lecture on “Creating Wealth Through Equity Investments” on 19th September 2024 from 11:30 AM to 12:30 PM in the Smart Classroom. The lecture was aimed at enhancing students’ practical understanding of Capital Markets and Stock Exchange Operations A total of 48 M.Com Part-I and Part-II students (17 male, 31 female) attended the session.
The guest speaker, Ms. Manalee Verenkar, Founder of Financial Wisdom and a member of the BNI Group (MoU partner of the college), was introduced by M.Com Part-I student Ms. Deepika Kholar. Asst. Prof. Ms. Edrea Picardo opened the session by highlighting the key takeaways, setting the stage for an insightful discussion on financial planning.
Ms. Manalee began by discussing investment strategies, emphasizing the importance of wise saving, spending, and the concept of compounding. She engaged the audience with questions to stimulate discussion and clarified the distinctions between investment and savings, illustrating their roles in effective financial planning. She also provided insights on early-stage investments, detailing how individuals can set and achieve their financial objectives. Additionally, she explained Systematic Investment Plans (SIPs) in mutual funds, using examples and a short video to demonstrate compounding’s benefits.
The session concluded with an interactive Q&A, where Ms. Manalee addressed student inquiries and resolved their doubts. Ms. Anmaria Jose, a M.Com Part-I student, expressed gratitude to Ms. Verenkar for her valuable insights, effectively wrapping up the event.
Expected Outcome of the Activity:
The session aimed to improve students’ financial literacy by offering practical knowledge on equity investments, savings, and early financial planning. Participants were expected to gain insights into mutual funds, SIPs, and the significance of compounding. The session sought to empower students to make informed financial decisions, establish realistic financial goals, and gain confidence in managing their personal finances.
