S. Vishnu Sharma
IIM Lucknow successfully conducted three day student run annual investment summit Nivesh 2024.
This annual investment summit, organized by Credence Capital, is dedicated to fostering a culture of investment and financial management among students.
The theme for this year’s colloquium was ‘New Financial Frontiers: Opportunities in India’s Autonomous Economy.’ The event was organized by IIM Lucknow’ student run investment club Credence Capital.
Credence Capital
Credence Capital, established in 2005, is a well-known club at IIM Lucknow that seeks to enhance the community’s understanding of financial markets, asset management, and personal finance through investment analysis.
The club advises the largest and oldest student-run investment fund, providing students with hands-on experience in investment management and trading strategies, complementing their academic and professional learning, say sources from IIM Lucknow.
Importance
Professor Ajay Garg, Dean & Professor of Finance and Accounting, IIM Lucknow, shared the importance of routinely organising such a summit.
He said with a focus on intricacies of the financial world Nivesh aims to provide a platform for students to learn from industry experts and academicians via insightful discussions and explore emerging trends in the financial domain.
This year we had distinguished panelists from diverse sectors of the industry sharing their expertise and providing participants with practical insights, said Prof Ajay of IIM Lucknow.
Key attraction
A key attraction of Nivesh 2024 was ‘Investowise,’ a stock pitch and industry analysis competition that witnessed the participation of 600 students in 8 teams competing against each other, say sources from IIM Lucknow.
Organised from 12th to 14th January 2024, the event also featured various insightful sessions, say sources from IIM Lucknow.
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The event was kickstarted with an ‘Intangible Valuations’ session conducted by Professor Aswath Damodaran from New York University.
Session
At another session, Mahesh Patil, Chief Investment Officer of Aditya Birla Sun Life AMC shared his thoughts on the topic, ‘India’s Economic Outlook in a Multipolar World’.
The session was conducted on 14th January and was hosted by professor Vinit Chauhan in which they discussed the emerging sectors, digital transformation, sustainable economic growth, rising disposable income, and demographic dividend, say sources from IIM Lucknow.
Panel discussion
A noteworthy panel discussion brought together industry stalwarts including Mr. Deepak Gaur (Venture Partner at Elevation Capital), Mr. Ajay Mahipal (MD at HealthQuad), Mr. Amitabh Verma (Director of Fission Wealth), Mr. Abheek Barua (Chief Economist at HDFC Bank) and Ms. Lipika Saxena (EVP at RBL Bank) shared their views on Financial Frontiers in India.
The panel discussed how banks should look towards mitigating risks in the sector to improve the strength of the financial sector.
It also focused on the recent growth of the startup ecosystem, the rising disposable income of retail investors, and how it can be channelled towards making the wealth management sector boom.
Opportunity
The summit provided students with a valuable opportunity to interact with industry professionals, extending their knowledge beyond the confines of textbooks.
Participants left Nivesh 2024 with cherished memories and crucial insights for both their professional and personal lives, say sources from IIM Lucknow.
About IIM LucknowIndian Institute of Management Lucknow, established in 1984, is the fourth in the prestigious IIM family of management schools to be established in India after IIM Calcutta, IIM Ahmedabad and IIM Bangalore.
In 2005, IIM Lucknow expanded its area of influence in the realm of management education by becoming the first IIM to set up a satellite campus exclusively for Executive Education at NOIDA in Delhi NCR region.
IIM Lucknow is accredited by AACSB and AMBA while its EQUIS Accreditation is ongoing.
The institute features in the prestigious FT -100 Top Global Business schools for both the 2-year Flagship PGP program and One-year IPMX Program.
It is also consistently ranked amongst top business schools in the NIRF Rankings. IIM Lucknow was the first IIM to start a 2-year full time MBA program in Sustainable Management 8 years back. It also has a long-standing full-time MBA program in Agri Business Management.
Throughout its last 39 years’ journey IIML has touched millions of lives through its academic programs, executive education programs, research and consulting.
The centres for excellence at IIM Lucknow including the Centre for Public Policy, Centre for Food and Agribusiness Management, Centre for Business Sustainability, Centre for Marketing in Emerging Economies, to name a few, regularly carry out evidence-based research and interventions in public policy and management practice.
Faculty of IIM Lucknow also feature in top 2% of global scientists for research output and impact.
The alumni of IIM Lucknow now occupy top positions in the world of business, public policy and in several other fields.
Situated in a city known for its cultural heritage, the campus is spread over more than 190 acres of beautifully landscaped area.
With its foundation in the city of “Tehzeeb”, IIM Lucknow inculcates human values and professional ethics in the students to help them make a positive impact not just on the nation but on a global platform.
IIM Lucknow has an ideal setup conducive to learning, accessibility and excellence.