Beyond Borders - Insights from Global Emerging Markets with Amay Hattangadi
03 - 05 July, 2026

ABOUT THE FLAME INVESTMENT LAB
FLAME was founded with the concept of interdisciplinary education as its cornerstone. FLAME celebrates ideas, cherishes diversity, and strives to deliver an academic experience that fosters intellectual curiosity, a critical thought process, self-reflection, leadership and teamwork skills, a sense of commitment and professionalism and a heightened sensitivity to one’s sociocultural environment. FLAME aims to provide an interdisciplinary platform of education by propagating different models and paradigms through, but not limited to, history, philosophy, political sciences, psychology, business, economics, mathematics and finance.
As part of its endeavor to constantly redefine education, FLAME inducted the FLAME Investment Lab (FIL), an initiative that strives to deliver the concepts and decipher the art of value investing to interested students. FIL believes in the dictum “invest in yourself”. It provides tools for self-learning and acquiring knowledge, constantly striving for intellectual stimulation and asking questions. FIL strives to widen your horizons, aiding you to connect the dots within seemingly disparate information. FIL truly believes that the best investment is investing in yourself. As Socrates has said, “I cannot teach anybody anything. I can only make them think.”
After successfully hosting multiple FLAME Investment Lab programs, we are excited to announce the ‘FLAME Investment Lab | Beyond Borders - Insights from Global Emerging Markets’ program with Amay Hattangadi, from July 3 - July 5, 2026.
OUR PHILOSOPHY
FLAME Investment Lab (FIL) is a residential programme, structured keeping in mind our conviction that value investing is the only proven successful investment process that has delivered above market returns through various market cycles. It provides investors with various tools needed to form a temperamentally sound investment discipline.
It is an initiative that strives to deliver the concepts and decipher the art of value investing to interested students. FIL believes in the dictum “invest in yourself”. It provides tools for self-learning and acquiring knowledge, constantly striving for intellectual stimulation and asking questions. FIL strives to widen your horizons, aiding you to connect the dots within seemingly disparate information.
SPEAKER

Amay Hattangadi
Amay is the co-head of the Emerging Markets group at Morgan Stanley Investment Management, based in Singapore. He joined Morgan Stanley in 1997 and has 29 years of investment experience.
Amay received a B.Com degree from Mumbai University. He is an associate member of the Institute of Chartered Accountants of India and holds a Chartered Financial Analyst designation.
Amay is an independent director on the Board of Gateway House: Indian Council on Global Relations, which is a foreign policy think tank based in Mumbai.
Previously he was a columnist for Livemint and a visiting faculty for the MBA program at NMIMS Mumbai. He has spoken at various forums including the CFA India Forum.
PROGRAM DESCRIPTION
This program provides an exploration of global investment strategies. It examines how market regimes, investment philosophies, and sectoral trends vary across key regions, including Asia, LATAM, and EMEA. Through case studies, participants will gain insights into various industries, emerging global themes and past economic cycles. Designed to enhance investors’ global perspectives, this program equips participants with the knowledge to navigate markets with a broader, more informed outlook.
PROGRAM OUTLINE
Module 1: Indian Investors Need To Think ‘Global’
- Introduction - Investing in India with a global perspective
- Is investing philosophy portable across markets?
- Learning about global markets makes you a better investor
Module 2: Understanding Emerging Markets
- Introduction to Emerging Markets
- Macro trends in key Emerging Markets
- Political trends and their impact on markets across Emerging Markets
Module 3: Top of mind: Investment themes that matter
- Introduction to semiconductors and the role of Samsung and TSMC
- Fintech developments in Emerging Markets
- E-commerce, quick commerce and the Tiktok phenomena
- Niche consumption - from LaBubu to the Pet economy
- Emerging trends in electric vehicles and humanoid robotics
- Emerging trends in AI - what does SAASocalypse mean for Emerging Markets
Module 4: Rising importance of geopolitics
- Defence and shipbuilding investment themes
- Beneficiaries and losers in the tariff war - Mexico, China case studies
- The chip war - the geopolitics of semiconductors
- Impact on the Middle Eastern markets
WHAT TO EXPECT?
The program seeks to provide a platform for discussion of key trends in global markets from the viewpoint of an Emerging Markets institutional investor. Participants of this program should expect a tour of key trends in Emerging Markets in LATAM, EMEA and Asia, while constantly bringing us back to comparative trends or parallels in the Indian markets. While some trends in other parts of the world maybe unique, for others we can clearly see how Indian markets will likely follow the pattern seen elsewhere. Participants should expect discussions over a range of topics in a free flow format covering mini-case studies on sectors and markets. The program outline provided is indicative, and may be modified to make time for more topical discussions and trends that are top of mind at that time.
WHAT NOT TO EXPECT?
The program will not provide specific stock recommendations or sector picks.
WHO SHOULD ATTEND?
Curated through decades of experience in the field, this program is designed for those looking to deepen their understanding of global investing in emerging economies through a unique blend of real-world lessons and time-tested wisdom. Attendees should have a genuine interest in exploring the intricate dynamics of investing across regions. Active participation is encouraged, as interactive discussions will be integral to maximize your learning.
WHO SHOULD NOT ATTEND?
This program is not recommended for beginners seeking foundational knowledge or theories in global investing. It is not designed for those solely interested in short-term trading strategies or looking for specific stock or sector recommendations in markets.
APPLICATIONS OPEN IN
Second week of April 2026
APPLICATION DEADLINE
April 30, 2026
SELECTION NOTIFICATION
May 6, 2026
SELECTION CRITERIA
Acknowledging that learning also comes from diverse backgrounds, participants will be selected on the following criteria:
- Education qualifications
- Quantity and quality of work experience
- Commitment and passion for the field of investing
All applicants to note the following:
- Admission to the program is not subject to early submission of application form.
- Corporate nominations will be restricted to not more than three nominees so as to ensure a fair distribution of the cohort.
- FLAME reserves the right for selecting participants to this program.
- Selection decisions will take into account the responses submitted in the application form.
PROGRAM FEES
- INR 35,000 plus GST (INR 41,300) which includes tuition, course materials, meals and on campus accommodation.
- Fee does not include travel and other incidental expenses.
- Candidates must submit the application form and pay the full program fee online through the application portal for their application to be considered complete.
- Payment of the program fee does not guarantee selection. In case an applicant is not selected, the full fee will be refunded.
- In case an applicant is waitlisted, the payment will be held until a final admission decision (selected or not selected) is communicated.
APPLICATION PROCEDURE
To apply, applicants must complete the application form and pay the program fee through the application portal.
APPLY NOWWITHDRAWAL AND CANCELLATION POLICY
- In the event that FLAME University is unable to provide the program, all fees will be fully refundable.
- For selected candidates:
- If a request for withdrawal is received on or before June 3, 2026, the full amount of the fee paid shall be refunded.
- If a request for withdrawal is received after June 3, 2026, 10% of the fee paid shall be refunded within one week after the program ends. GST on cancellation will be applicable.
- If an applicant continues to remain on the waitlist until the program start date, the full amount of the fee paid shall be refunded.
- Under no circumstances shall the fee paid be carried forward to any future program.
ACCOMODATION
FACILITIES AND INFRASTRUCTURE
FLAME offers 70 acres of tranquil space, just 13 kms from the Pune University main gate. It is an eco-friendly campus adjoining an 18-hole golf course.
Our campus is designed to foster dynamic learning through state-of-the-art classrooms, art centers, conference venues, and administrative spaces. It features the Vivekananda Library with 55,000+ books and digital resources, and the APJ Abdul Kalam Academic Block, which houses advanced labs, including the Bloomberg Lab, lecture theatres, faculty spaces, and collaborative learning areas. The Shantiniketan Auditorium further supports lectures, performances, and cultural activities.
FLAME strongly promotes sports through the Arjuna Centre for Sports, offering over 20 indoor and outdoor sports including cricket, football, swimming, badminton, squash, and a modern gymnasium.
Some of the other amenities include cafes, Wi-fi connectivity, an infirmary and an ambulance in case of emergency.
During the duration of the program, participants are encouraged to explore the campus and use the facilities FLAME offers.
CONTACT
Phone: +91 84840 98259 (Text and WhatsApp only)
Toll-free No: 1-800-209-4567
E-mail:
Website: www.flame.edu.in
DOWNLOAD BROCHURE
VENUE
FLAME University
Gat No. 1270, Lavale, Off. Pune Bangalore Highway,
Pune - 412115, Maharashtra, India.