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Jayesh Bhave, VP-Central Research Group, JP Morgan, Mumbai, Interacts With XIMB Students

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The ultimate objective of any Investment Banker is to get the same client to come back to him, i.e., a repeat customer. For this to happen, all the functions must be performed perfectly by the banker. These functions include raising and placing of capital, advising on strategy and capital structure, offering risk management services, and making markets in financial instruments.

The question of whether investment banking is an art or a science was dealt with by Mr. Bhave in a very practical and understandable manner, where he mentioned that at the point where Markets, Industry, and the Company converge i.e. the shop floor is where a certain amount of insight must be developed in order to carry out one's duty effectively. He then went on to explain some of the important transactions that may occur, like Mergers and Acquisitions.

For the students of XIMB, it was a rare opportunity to get an inside view of what is a dream job for many. This was clearly evident from the number of questions that were generated by the students after the talk. At the end of the day, Mr. Bhave bade goodbye to a group of students who were far more enlightened than they were when he had arrived.

Concluded.


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Contributed by -
Rohit Verma,
Coordinator, IlluminatiX,
The XIMB Media and PR Cell,
XIM, Bhubaneswar.