The BBA(Financial Services) Department of the College organised a 30-hour certificate course on Personal Financial Planning for the Third Year BBA(Financial Services) and Third Year B.Com students.
The financial services industry plays a very crucial role in the world economy. It comprises of various sectors such as banking, insurance, real estate, etc. The main aim of the course was to help students to acquire the practical knowledge and skills necessary to become competent financial planners.
The course was scheduled from 12th February 2019 to 13th March 2019 and included five modules viz. Fundamentals of Financial Planning, Insurance, Investment Planning, Tax Planning, and Retirement Planning & Employee Benefits.
The Resource Persons for the sessions were
- CA Pankaj Pai Kakode (alumnus of the College) – Managing Director of Kakode Consultants Pvt. Ltd. for Fundamentals of Financial Planning,
- Abhijeet Sawant (alumnus of the College) – Managing Director of ABHI Ganesh Financial Planners Pvt. Ltd. and Mr. Vadud Bukhari for Insurance module,
- Ganesh Kothatha – Chief Financial Planner from Wealth Doctors for Investment Planning,
- CA Kalpak Valaulikar from DVR Valaulikar & Co. Margao for Tax Planning and
- CA Atindra Prabhu Bhatikar (alumnus of the College) for Retirement Planning & Employee Benefits
Students were informed about the various investment avenues available, how each avenue contributes in giving good returns, and how investment in these areas promotes the growth and development of the economy.
The Resource Persons focused on topics such as financial analysis, time value of money, budgeting, legal aspects of insurance, insurance policy analysis, insurance plans, calculations of returns, top mutual fund schemes, calculation of NAV, construction of portfolio, tax calculations and special rules, tax compliance matters, need of retirement planning, corpus estimated for funding post-retirement needs etc.
A total of 31 students attended the course (20 TY BBA(FS) students and 11 TY B.Com. students). The course was coordinated by Asst. Prof. Ms. Lizia V. Gomes and Asst. Prof. Dr. Madanant Naik.
The course was successfully conducted and gave students an exposure and career options in Financial Services Sector. The students appreciated the efforts of the resource persons and said they benefited from the sessions.
