Convener, (DPC) Department of Commerce & Business Administration, AU:
Those Candidates who have qualified CRET Level- 2, 2017 are required to submit their Synopsis duly signed by the respective guide to the Research Cell in or before 21stFebruary 2018.
डीन, विद्यार्थी कल्याण, इ0वि0वि0ः
इलाहाबाद विश्वविद्यालय में अध्ययनरत छात्र/छात्राऐं पुस्तकीय सहायता सत्र 2017-18 हेतुए निर्धन छात्र कोष के अन्तर्गत आवेदन पत्र समस्त संलग्नको के साथ डीन विद्यार्थी कल्याण कार्यालय में प्रातः 11ः00बजे से अपरान्ह 3ः00 बजे के मध्य जमा करे दें। आवेदन पत्र जमा करने की अन्तिम तिथि 28 फरवरी 2018 है।
अध्यक्ष, अर्थशास्त्र विभाग, इ0वि0वि0ः
इकनामिक रिसर्च एसोसियेशन की बैठक दिनांक 20.02.2018 को 1ः00 बजें विभाग के पुस्तकालय में सम्पन्न होगी। जिसमें विनीत कुमार तिवारी अपना शोध पत्र प्रस्तुत करेगें। सभी सदस्यों की सहभागिता प्रार्थनीय है।
अध्यक्ष, भूगोल विभाग, इ0वि0वि0ः
बी0ए0/बी0एस0सी0 भाग तीन सत्र 2017-18 की मुख्य प्रयोगात्मक परीक्षा जो 15 व 16 फरवरी 2018 को निर्धारित थी अपरिहार्य कारणों से स्थगित कर दी गयी है। अब इस प्रयोगात्मक परीक्षा की तिथि बाद में घोषित की जायेगी।
Dean, Faculty of Commerce, AU:
Regional Seminar on “Financial Inclusion through Financial Education” organized by the Faculty of Commerce, University of Allahabad in association with SEBI, NSE, SBI Mutual Fund and NISM
A Two Days’ Regional Seminar on ‘Financial Inclusion through Financial Education’ was organized by Faculty of Commerce, University of Allahabad on 12th and 13th February, 2018 in association with SEBI, NSE, SBI Mutual Fund and NISM. Prof. Prahlad Kumar, Dean, Faculty of Commerce welcomed the guests and the delegates. He highlighted the importance of financial education for the students and said that the development of economy depends on the judicious use of financial resources. It has gained added importance in the changing global business environment and therefore such seminars should be conducted on regular basis in the departments. Prof. Asheem Mukherjee, Head, Department of Commerce and Business Administration and Prof. Manmohan Krishna, Head, Department of Economics, highlighted the role of financial education and its expansion to the remote areas of the country. Prof. Ashok Mittal, Former Chairman, Department of Economics, Aligarh Muslim University as Guest of Honour said that “Inclusive growth is the demand of the present economic scenario and for this financial inclusion is of utmost importance. He said that looking at the attitude of Indian investors, the knowledge about the working of share markets is the need of the hour. Prof Nitin Tike, Guest of Honour highlighted the role of National Institute of Securities Market (NISM). He said that this organisation provides career opportunity to students through various certification courses in financial market. The Chief Guest, Mr. Mohd. Atif Alvi, DGM, SEBI, New Delhi focussed upon the Education initiative of different security management institutions and the role of SEBI in investors’ education in India. Addressing the Session Hon’ble Vice-Chancellor, University of Allahabad Prof. K.S. Misra narrated his experience regarding financial fraud and emphasized that investors must have sound knowledge related to investment. He said that though financial inclusion is the need of the hour, but due to digital illiteracy, sufficient precautions are needed by the investors and the Government should also understand this fact.
The first session was addressed by Mr. Arun Shukla, Manager, SEBI on the role of SEBI in securities market. He said that SEBI being the regulator, acts as referee of the Indian securities market and thus the existence of SEBI gives confidence and empowerment to investors’ of the market. He informed about the Grievance Redressal System of SEBI: the email IDs, toll free numbers and the websites available to investors for filing their complaints. He informed that the role of SEBI has broadened from comprehensive regulations to robust surveillance system (IMSS and DWBIS). He also told about the extent of punishment and penalties that can be imposed by SEBI. The entire session was very interactive; many questions were asked by audience regarding cases filed to SEBI. Mr. Alvi and Mr. Shukla responded to the questions asked.
The second session was addressed by Mr. Vipul Khajuria, Manager, National Stock Exchange (NSE) on “The Principles of Sound Investing”. He explained that how demonetization has increased investments in shares and debentures. He highlighted the different investment options available to investors for investing their money like stocks, mutual funds, corporate debt, Real Estate, Exchange traded Funds, Gold, PPF and derivatives etc. He said that financial assets have three important criteria: Safety, Liquidity and Returns and that investors should identify their investment needs and risk bearing capacity before investing in financial assets and constructing portfolio. He also gave his views on different market segments including Debt Market, Equity market and Equity Derivatives.
The third session was devoted to careers in national stock exchange. It was delivered by Dr. Nitin Tike, Professor at NISM, Mumbai. He started with introducing different types of financial institutions and markets. He introduced the basic concepts of banking, non-banking and securities market. Further, he suggested about huge career opportunities in area of securities market. He told that there are so many courses - short-term as well as long-run which are purely professional and job oriented. He told that NSE is the leading stock exchange in India and the fourth largest in the world by equity trading volume and has started different types of certificate and diploma courses such as, Certification on Equity Portfolio Management, Certified Program on LIVE TRADING STRATEGIES, NSE Academy's Certified Capital Market Professional (NCCMP) and Online NSE Academy's Certified Capital Market Professional (E-NCCMP). He suggested that these courses are easily available and different from traditional courses and provides greater percentage of placement in corporate as well as government sector. The participants were found to be greatly enthused by his lecture and asked many questions about career opportunities.
The fourth and the last session was designed on mutual fund investment strategies. The lecture was delivered by Mr. Gurvinder Singh Chaddha, Chief Manager, SBI Mutual Fund, New Delhi. He expressed his views on concept of taxation and risk analysis in mutual fund. His lecture was very much analytical in the sense that mutual fund are better instruments for portfolio investment. He narrated that there is a common conception that government securities are risk free but he pointed out that these securities also have market risk. He told that the government securities tax longer time for return as they are risk free until maturity period. He pointed out that this happens because of two technical instruments such as interest rate and inflation. Like this, he produces an analysis that mutual funds are better hubs of investment in comparison to others because they provide high and early return with more security. The session was ended by a complement given by Dr. Karimullah that ‘we had heard that mutual fund minimise the risk of investment but he made realised that how it can’.
On the last day of the Seminar, Prof. Prahlad Kumar expressed his gratitude for organising this seminar for the students as there is a need for them to understand the intricacies of financial markets. He said that it is important for them to utilise their savings judiciously through investments in productive areas of the country. The technical sessions were coordinated by Dr. Pradeep Kumar Singh, Dr. Anoop Kumar, Dr. Rekha Gupta and Dr. Karimullah from the department of Economics and by Ms. Archana Singh, Dr. Sarita Maxwell and Dr. Anvita Raghuvanshi from the Department of Commerce and Business Administration, University of Allahabad.
Dr. Shefali Nandan who was the co-ordinator of two days regional seminar gave vote of thanks.