The BBA(FS) Department of the College organized a Study tour to Mumbai from 12th to 17th November, 2018.
40 students accompanied by 9 Faculty members participated in the study tour. The first visit was to India’s oldest and biggest stock exchange – Bombay Stock Exchange where students attended a seminar conducted by Mr. Aditya Srinivas, Chief Operating Officer at BSE Brokers Forum. The session covered topics like recent volatility in Indian stock market, building the ideal equity portfolio and others. He also highlighted the performance of the Indian stock market in comparison to the international market. The students were shown Live trading screen and also explained how actual trading works at BSE Brokers terminals.
Later students were taken to visit Sykes & Ray Equities India Ltd (SRE) Financial Planners and Stock broking firm. The students were briefed about the organisation and also shown the working of different departments such as Account opening and KYC, Order Management, Client Relationship Management and Trading. Interaction with the experts in this financial institution, the practical exposure of live trading screen and working of different departments enabled the students to widen their practical knowledge
The next visit was to Securities Exchange Board of India (SEBI). Mr. Prasenjit, an Officer from SEBI gave a brief background of SEBI and its role as a regulator. Further he covered various topics like do’s and don’ts of investing, various investment options and the role played by SEBI in protecting the interests of the investors. He stressed upon the recent reforms introduced by SEBI and its multifarious investment education activities. The session was extremely interactive. Mr. Prasenjit ended his talk by highlighting the main motto of SEBI viz. “To develop the market, regulate the market and to protect the interest of the investors”.
On 14th November the students visited the National Stock Exchange (NSE). The education session started at 10:00 a.m. in the auditorium. Mr. Arvind B. Savant, Certified Financial Planner was the speaker for the session. Mr. Savant started the session by providing an example of how stock market investment is rewarding. Mr. Savant focused on providing valuable insights to the students regarding the basics of primary market and secondary market including the basics of initial public offer (IPO) and follow-on public offer (FPO). He exhibited the trading screen at NSE based on the online trading platform of NSE, the National Exchange for Automated Trading (NEAT). He also spoke on NSE Academy Certification in Financial Makets (NCFM). He mentioned important online programmes which would benefit the student community by being equipped with the necessary skills demanded by the financial sector. Overall, the session was enlightening since Mr. Savant made it very informative, interesting and interactive.
During the second half of the day the students visited National Securities Depository Limited (NSDL). The session began at 3:30 pm. The resource person for the session was Mr. Marlon Correia, Asst. Manager – Marketing & Corporate Communications at NSDL and Mr. Pravin Patel, Asst. Manager at NSDL. Mr. Marlon spoke on a variety of topics such as Role of NSDL, combining savings & investments, Basic Services Demat Account (BSDA), Tax Information Network (TIN), National Insurance Repository (NIR), National Pension System (NPS). Later Mr Pravin took over the session and he focused on a new project i.e. National Academic Depository (NAD) that has been launched by NSDL in collaboration with the UGC. He explained the purpose and benefits of the NAD project.
The sessions at different financial institutions, lively interactions with industry experts and practical exposure of live trading screen have enabled the students to widen their practical knowledge of finance in general and stock markets in particular. The overall experience of the tour was very enlightening and informative.
