The Financial Literacy course will provide a comprehensive view of personal finance and financial investments to the FLAME University Undergraduate students. It will also familiarise the learner with various topics such as capital markets, personal savings, role of borrowing, the accounting language, asset classes – equity, fixed income, real estate, commodities etc., asset diversification, investment options, wealth creation, etc.
This session mainly focused on how to process large information available on the internet and from various other sources, the speaker discussed various principles of effective learning and how one can retrieve information, remember what we already know and make relevant connections to enhance our learning and memory retention. He also discussed the Zettelkasten method and its advantages and the different kinds of notes – Fleeting, Literature and Permanent.
Mr. Jana Vembunarayanan is a Senior Director of Engineering at LinkedIn, building software that helps millions of people to find a job and thousands of companies to hire talent. Mr. Jana is an avid reader, enjoys learning from multiple disciplines, and generously shares his knowledge through his blog. He loves learning about different business models, and is a firm believer in building wealth by holding equities perpetually.
Mr. Bakshi, explained the power of compounding and how it creates a large effect on the small habits of saving, or reading etc. He also covered how the simple terms such as reduction and inversion learnt during the school days are helpful to a person throughout their life. He also explained Prospect Theory and human behaviour when the magnitude of loss is large versus small. He quickly covered Bayes theorem and connected it with how recent events impact our decisions based on the revised probabilities of outcomes.
Mr. Sanjay Bakshi is an Adjunct Professor at Management Development Institute, Gurgaon, where he teaches MBA students a popular course titled “Behavioral Finance & Business Valuation (BFBV)”. Sanjay is also Managing Partner at ValueQuest Capital LLP a value investing firm based out of New Delhi.
Session 03 | Know Your Country – How Simple Ideas Shape Our Life & Business
Saturday, 16th January 2021
Mr. G. Maran
Triggered by dramatic changes in demography of new India, he set up a team to undertake a detailed study on varying patterns of how India eats, drinks, sleeps, celebrate, travel, earns, and saves. He loves sharing interesting inferences from these studies that help us understand how we have evolved so far and shaped our thoughts on how our country is likely to evolve in near future. Being aware of such trends gives us an edge we can get no other way, a priceless edge that helps us make better choices be it in our career or investments.
Maran began his career with a stockbroker in Madras Stock Exchange in 1992. He co-founded Unifi Capital in 2001 to specialize in investment opportunities that larger Institutions ignore. Over the last 20 years, he has spearheaded Unifi’s thematic style of investing in Indian businesses.
Mr. Neeraj Marathe
Mr. Marathe began the session with a few basics of accounting and then proceeded to explain how an Income Statement and Balance Sheet appears, further he explained with a few examples about when should revenue be recognised, how does one look at a companies' ratios and do profit margins represent the true picture of the company financials.
Neeraj is a Pune based investor. He has been a full time participant in the capital markets since 2002. He tries to practice value-based investing. As a hobby, Neeraj has taught in various B-schools as a visiting faculty from 2006-2018, taking up subjects such as Security Analysis, Portfolio Management and Behavioural Finance. He is an active contributor at FLAME Investment Lab. He has recently started a new website www.sentinelresearch.in. He is also an avid reader and biker.
Mr. Utpal Sheth, presented an economic framework where he addressed and discussed various components and sub-components and their implications on various economic variables. Broad components covered were a) monetary policy, b) Fiscal policy c) economic policy d) external policy e) macro-prudential policy and their outcomes. One such example of a component covered was how monetary policy revolved around money supply, interest rates, exchange rates - how money supply growth acts as an enabler, what is monetary slack and its implications etc.
Mr. Utpal Sheth is a Chartered Financial Analyst from (ICFAI) The Institute of Chartered Financial Analysts of India with an All India Gold Medal in one of the final groups. He is a Cost and Works Accountant from (ICWAI) The Institute of Cost and Works Accountants of India. He also holds a Bachelor’s Degree in Commerce from Mumbai University – Sydenham College of Commerce & Economics.
Session 06 | Savings, Wealth Creation, Preservation, Time Value and Role of Borrowings
Saturday, 6th February 2021
Mr. Kuntal Shah
Mr. Kuntal Shah discussed the importance of time-management, making a budget and tracking one's expenses early on so it can not only help use the power of compounding but also make sure one reduces wastage. He also discussed and connected how various books in literature and psychology help one learn about human behaviour and the power of saving and using money wisely. He recommended easy to understand and relate books which will help any listeners perspective about various aspects of one's life.
Mr. Kuntal Shah is a partner at the Oaklane Capital Management LLP and has an opportunistic inclination towards value-oriented and risk-controlled approach to investments. He has been an extremely successful investor over the past 2 decades and his investing success has come from exploiting the inefficiencies inherent in the markets. In the past he has added value through strategic inputs, networking and competitive intelligence, and board level decision making for the investee companies. He was part of a three member principal team supported by 20 professionals looking after a portfolio of $600 mn across various asset classes for a family office.
Financial Literacy 07 | Understanding Capital Markets by Mr. Neeraj Marathe
Saturday, 16th February 2021
Mr. Neeraj Marathe
The speaker discussed about various aspects about the capital markets, how companies raise money from the primary market through IPOs, pricing mechanism, share allotment mechanisms, what is a demat account, online platforms such as Zerodha and Groww, how to save through a mutual fund Systematic Investment Plan (SIP), minimum investment under SIP etc.
Mr. Neeraj is a Pune based investor. He has been a full time participant in the capital markets since 2002. He tries to practice value-based investing. As a hobby, Neeraj has taught in various B-schools as a visiting faculty from 2006-2018, taking up subjects such as Security Analysis, Portfolio Management and Behavioural Finance. He is an active contributor at FLAME Investment Lab. He has recently started a new website www.sentinelresearch.in. He is also an avid reader and biker.