The Finance Club
The Finance Club
About Details
The Finance Club of the Indian Institute of Management Kashipur is a student-driven initiative for fostering a culture for Finance within the realms of IIM Kashipur. It was established with the purpose of enhancing the financial knowledge of students through various conferences, events, activities, workshops and knowledge sharing sessions. Over the years, the club has adapted to the changing requirements and skill sets of incoming students and has inculcated them within its scope to help establish a strong foundation of financial knowledge outside the classroom.
Pragati - IIM Kashipur’s student-run Investment Fund
The Finance Club in 2019 launched Pragati, IIM Kashipur's student-run investment fund. Pragati is operated by the members of the club as a professional mutual fund, with the help of guidance of faculty in the finance area. The fund's main objective is to provide students a real-life experience of managing funds through applying academic theories to work. Pragati manages money entrusted by the students and alumni of IIM Kashipur, allotting them units of the fund. The Finance Club holds knowledge sharing sessions to share its investment strategies and publishes monthly factsheets that highlight the fund's monthly performance. The Finance Club will always follow its goal to enhance the financial knowledge of students and will continue to utilize its fund as an educational tool to support and enhance the knowledge of its investors.
Members
Events
Aestimatus
Aestimatus is the annual flagship case study competition of TFC and is held as part of Agnitraya. The competition required participants to use their analytical skills, financial acumen, and business knowledge, in three consecutive rounds. The first round is a quiz where the contestants are judged based on their knowledge of the financial domain and their reasoning skills. The second round is a case study competition where the shortlisted teams have to submit the analysis and outcomes from a given case study. The selected teams from the results of the second round then present their analysis to our esteemed judges.
Equity Research Challenge
The Finance Club organizes the biggest, one of its kind research-based competition, Equity Research Challenge (ERC), which is a remarkable opportunity for students pan India to showcase their financial acumen. It is a research-based competition that entails analyzing a group of companies in a particular sector. The goal of this challenge is to put contestants' financial acumen, analytical skills, and business knowledge to the test in two successive online rounds.
Antique Valuation Challenge
TFC in collaboration with Antique Stock Broking organizes the Antique Valuation Challenge. It is an Intra-college Equity Valuation Competition, exclusively for IIM Kashipur students, allowing them to test their Valuation and Research abilities. The Investment report submitted by competition participants is evaluated by the industry experts.
High Stakes
High Stakes is an annual, simulation event involving the participants' skill for Hedging and Risk Management, which is conducted in tandem with Kashipur Premier League (KPL), is a virtual currency bidding game where participants put their stakes on different possible outcomes of all the KPL matches. People will be able to measure their analytical capability and will provide an opportunity for them to reflect on risk analysis and hedging.
Open Outcry
Open Outcry is an “on-the-floor”, Over The Counter stock exchange trading simulation event where the participants have to judge the future of their holdings based on their intuition and the information provided to them. The participants have to compare past stock prices and future predicted prices, in order to decide to make a call for a trade.
Finleague
Finleague is a series of events like Knowledge Sharing Sessions, Quizzes, and Workshops to impart the knowledge of finance to the batch. The events are conducted throughout the academic year and is a mix of activities
- Workshops: The Finance club organizes workshops in collaboration with industry experts on major finance skill sets which are imperative for the business world, so as to enhance the learning of the batch in finance. The workshop for 2022 was on “Equity Research & Financial Modeling”. It covered topics like building financial projections and modeling dashboards, corporate valuations, and sectoral analysis. The workshop followed the case-based approach and would provide a gateway to core finance roles like equity research and investment banking in the future.
- Knowledge Sharing Sessions: The Finance Club regularly organizes a series of knowledge-sharing sessions to impart a general understanding and working of trading mechanisms in the stock markets. This covers all the aspects from the basics of investing.
Know Your Cart (KYC)
Know Your Cart (KYC), an event where the participants are given some virtual money and a basket of commodities to place their bets on. It allows the students to showcase their budget management, decision making and product-price awareness skills in a fun way. The event is based on quick calculations and presence of mind. Participants are rewarded based on the accuracy of the price of the basket predicted by them & their actual price.
Tie-Up with CFA institute:
TFC in collaboration with CFA institute organizes various events like CFA Research Challenge, CFA Ethics Challenge, CFA ESG Challenge for both first- and second-year students on a pan-India level and an intra-college level. Also, CFA Ethics Workshop is organized to cover topics around the Code of Ethics and Standards of Professional Conduct, the ethical benchmark for investment professionals, which has proved to be highly beneficial for those who are looking for a career in Finance or planning to appear for the CFA Exams in the future.
Tie-Up with StockGro
TFC has tied up with StockGro which is a virtual stock trading platform. TFC in association with StockGro frequently conducts leagues, which are short events where participants can build virtual portfolios to compete & collaborate with each other.
The Simulation Challenge
TFC in collaboration with trading platforms like Dalal Street Investment Journal (DSIJ) ,StockGro and InsideIIM conducts a real time event of trading stocks on a virtual platform over a period of time. The event is conducted for the purpose of giving an idea to the participants about trading with virtual money whilst competing with others to maximize the returns of their virtual portfolio. In two online rounds, candidates are able to put to the test their financial knowledge, trading skills, and investment understanding.
Money Matters
Money Matters is a financial talk-series associated with Pragati, wherein investment professionals draw lessons from their personal experiences and discuss their approach to managing and investing money.
Finance Workshop & Finatics Quiz
The Finance Club organizes an online workshop called "Finatics" to promote financial literacy and awareness of financial markets among undergraduate students. At the end of the workshop, an online quiz is conducted to encourage and reward the best performing candidates.
Guest Lectures
TFC organizes guest lectures in the finance domain as part of Conscientia, wherein we host CFOs from reputed companies who interact with the students of IIM Kashipur and share their vast knowledge and experience with them.
Annual Newsletter
Our annual newsletter consists of articles of the major happenings in the world of Finance. It also features articles of students, industry experts, and finance faculties of IIM Kashipur. The club also analyzes and recommends various stocks with additional reference to our Pragati portfolio, that have huge investment potential.
