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Guest Lecture by Mr. Vikas Dass (Senior Manager Operations - Western Region)
India Bull Mega Mart.
Date: 29th February 2008
Batch -FW (07- 09)
Profile: Mr. Vikas Dass is working as a Senior Manager - Western Region in India Bull Mega Mart .He is having a total work experience of 12 yrs. He has done his BBA + MBA (Integrated course) from The Indian Institute of Planning and Management, New Delhi.
Topic: Career in Retail Sector
Retailing sector in India, though a late entrant, is emerging as a major industry and is also poised to bring another boom in job market. Pantaloon did the primary efforts in the retail industry. It is estimated that the sector will emerge as the second largest industry in India within five years. With retail sector to grow with its predictable potential in respect of quantity and stability, offers a respective boom in the employment market. It is estimated that by 2012 the sector will create about 13 million jobs all over India. It is also auspicious to hear that about 60 per cent of these job vacancies will be in the rural India. The trend will help a lot to check migration of educated manpower from rural areas to the metro cities. The retail boom is here to stay; it brings with it the promise of a lucrative career, money and growth potential for the young and ambitious. The rapid growth of the retail sector and its deep penetration in various parts of the country within a very short span of time has now been termed as the retail revolution by India media. In order to cater to the manpower needs of the retail industry various retail management courses are being launched by several business schools in India. As the sector is booming in India, a career in retail sector promises good wages and growth potential for the ambitious youngsters. Retail management is associated with retailing business of departmental stores and shopping malls. There is a big demand for the retail management professionals to process all merchandise shipments, to achieve store sales and profitability, administration of stores as well as communication with the clients to satisfy them. |
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Guest Lecture by Mr. Vishwanath Reddy (Sr. Manager-Channel Marketing)
Kotak Life Insurance.
Date: 28th February 2008
Batch -FW (07- 09)
Profile: Mr. Vishwanath Reddy is working as a Sr. Manager-Channel Marketing in Kotak Life Insurance .He is having a total work experience of 8 yrs. He has also worked with companies such as LG and Videocon.
Topic: Introduction to the world of Mutual Funds
A channel to market is the method of getting your product into the customer’s (the end user’s) hand. This can either be through direct sales, or through a reseller. Direct sales can occur in person, via the phone, the web or mail. Indirect, or channel sales typically refers to sales through a reseller. A reseller can order from you direct (one tier between you and the end user), or from a wholesale distributor--you would sell to a wholesale distributor and they in turn would sell to multiple resellers (two tiers between you and the end user (hence the common term “two-tier” distribution). According to Mr. Vishwanath Reddy, Insurance is a trillion dollar business that employs more than 2.5 million people in the United States alone. As the population ages and wealth grows, the demand for insurance professionals will increase dramatically. Jobs in insurance involve helping individuals and business manage risk to protect themselves from catastrophic losses and to anticipate potential risk problems. Work in this area is not only personally rewarding, but can be financially rewarding as well. It will help the clients understand their insurance needs, explain their options to them and hopefully help them purchase appropriate insurance policies. An individual can work in a variety of areas in insurance including as an underwriter, a sales representative, an asset manager, a customer service rep or an actuary. A theme that is constantly emphasized by insurance professionals is that the industry is ultimately about helping people when they need it the most. The stereotype of a slick, sleazy, fast-talking insurance salesman is largely a figment of the past. |
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Guest Lecture by Mr. Shashank Pal (AVP Regional Head West)
SBI Funds Management Pvt. Ltd.
Date: 27th February 2008
Batch - FW (07- 09)
Profile: Mr. Shashank Pal is working in financial service industry since 1991. First seven years in Merchant Banking, Investment Banking Issued management and allied capital market activities. Since 1999 he is working in Mutual Fund Industry. He has worked across the country except south at various levels in various organizations. He has also worked for companies like SPA Capital Services Pvt. Ltd., Birla Sun Life AMC Ltd, and Sahara AMC Pvt Ltd. He is working with SBI AMC Pvt. Ltd. as Regional Head for last two years. He spends his free time doing oil painting and likes to spend time with Family.
Topic: Introduction to the world of Mutual Funds
An open-ended fund operated by an investment company which raises money from shareholders and invests in a group of assets, in accordance with a stated set of objectives. Mutual funds raise money by selling shares of the fund to the public, much like any other type of company can sell stock in itself to the public. Mutual funds then take the money they receive from the sale of their shares (along with any money made from previous investments) and use it to purchase various investment vehicles, such as stocks, bonds and money market instruments. In return for the money they give to the fund when purchasing shares, shareholders receive an equity position in the fund and, in effect, in each of its underlying securities. For most mutual funds, shareholders are free to sell their shares at any time, although the price of a share in a mutual fund will fluctuate daily, depending upon the performance of the securities held by the fund. Benefits of mutual funds include diversification and professional money management. Mutual funds offer choice, liquidity, and convenience, but charge fees and often require a minimum investment. A closed-end fund is often incorrectly referred to as a mutual fund, but is actually an investment trust. There are many types of mutual funds, including aggressive growth fund, asset allocation fund, balanced fund, blend fund, bond fund, capital appreciation fund, clone fund, closed fund, crossover fund, equity fund, fund of funds, global fund, growth fund, growth and income fund, hedge fund, income fund, index fund, international fund, money market fund, municipal bond fund, prime rate fund, regional fund, sector fund, specialty fund, stock fund, and tax-free bond fund. A mutual fund is simply a financial intermediary that allows a group of investors to pool their money together with a predetermined investment objective. The mutual fund will have a fund manager who is responsible for investing the pooled money into specific securities (usually stocks or bonds). |
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