SPJIMR Mumbai PGDM students visit National Stock Exchange
| October 06,2012 05:30 pm IST
The Finance Conclave Committee at SPJIMR organized a visit for the PGDM participants to the National Stock Exchange(NSE), one of the largest stock exchanges in the world (in terms of market cap), and the largest in India. The stock exchange located at the Bandra-Kurla complex in Mumbai was a pioneer in computerised trading, a format that is now followed the world over.
The two-hour session started with the explanation of the basic trading concepts and the functioning of the Exchange. This was followed by debriefing on the various types of securities listed, calculation of indices, method of processing et al. An interactive and highly enriching session ensued on the nitty-gritty of derivatives, futures, forwards and options, terms that previously were prejudiced to be esoteric. The participants were also able to witness the cutting edge technology of IT, Operations and Marketing too at work there.
The high point of the day was when the participants were shown a live trading portal and explained how, when, and more importantly, why which shares were bought and sold. They were made privy to an actual trading account with shares being traded real-time.
The officials also addressed various queries presented by the audience. Further, the NSE provided the students with more knowledge on its flagship NCFM certifications.
The visit was organised by the Finance Committee, 2012 which takes care of the events related to the world of finance for the PGDM participants. It also organises the Finance Conclave which brings together the leading corporate honchos for an interactive discussion creating an unparalleled opportunity for industry-academia interaction. The Committee is a part of ADMAP (Assessment and Development of managerial and Administrative Potential) program at SPJIMR- a program that empowers students to handle real-life business situations by placing them in administrative and executive positions whilst working with their peers.