The Finance Conclave was hosted by the BMS Society of Sydenham College of Commerce and Economics on the 9th of September 2023. It was a momentous gathering of distinguished individuals and experts from the world of finance who came together as a mesmerizing journey unfolded with insightful discussions and debates. As the college says, it is happening for the FIRST time in South Bombay that raised the bar high with an even more fulfilling outcome.
The event commenced with a warm and gracious welcome extended to all the respected guests who had gathered to take part in this profound conflux of financial minds.
The Finance Conclave was a team of 128 young minds that brainstormed and executed the entire day under the leadership of Ms. Sanika Satoskar and Mr. Mihir Dhakshikar (Chairperson and Co-chairperson of BMS society) under the guidance of Dr. Jharna Kalra, the course co-ordinator and Professor in charge of the BMS Society.
The conclave was officially inaugurated with the lighting of the lamp symbolizing the field of finance. The Principal of Sydenham College of Commerce & Economics, Dr. Shriniwas Dhure, delivered a warm welcome address, emphasizing the importance of finance gatherings. Adding to that, the event included felicitation of the esteemed speakers and the chairperson and co-chairperson with mementos respectively.
The audience was taken on a riveting journey with three exceptional keynote speakers who were the highlight of the conclave: Mr. Robin Banerjee, who is the chairman of Nucleon Research Ute. With 20 years of experience, he covered a plethora of topics on the subject of demand & supply, which included GST. Mr. Banerjee also covered the topic of how real estate affects the economy and concluded how demonetization is the most significant change for the country and its aftereffects.
The second speaker was Mr. K.V. Premraj, a stellar figure in the world of banking, who spanned over various topics such as mobile banking, computerization in banking, cryptocurrency, and investment banking.
Last but not the least, Dr. Shashank Rawale, a visionary in the stock market field, covered innumerable topics related to the how and why of the intriguing world of the stock market. He’s helped more than 85,000 people play and survive in the market.
The grand finale of the conclave was a sensational panel discussion on the intersection of investment and fintech. Distinguished experts and practitioners such as Dr. Sheetal Nair, Dr. Shashank Rawale, and Mr. Vinay Mavani engaged in a lively exchange of ideas alongside the host, Ms. Sneha Patel. The discussion explored topics such as AI (technical analysis), algo trading, cybersecurity, education post-COVID, and prompt engineering.
The BMS society also planned interesting games for all the finance enthusiasts! Badla stock exchange and Cash Flow Carnival were the game changers of the big day. A whopping number of 30+ colleges and over 500 students joined them to make it a far-reaching initiative and showed great enthusiasm throughout. This being a certified event presented all the attendees with a beautiful certificate in honor of their engagement and eagerness to learn.
The Cash Flow Carnival kicked off with a challenging Finance Quiz. Questions ranged from basic finance concepts to advanced economic theories. Only the top four teams with the highest scores qualified for the next round, intensifying the competition.
The second round brought an entertaining twist to the event by incorporating popular movies related to finance. Teams had to guess movie titles based on clues acted out in a game of Dumb Charades.
The final round of the Cash Flow Carnival was a high-stakes game of musical chairs, but with a finance-themed twist. The team members came in pairs of two and would answer questions based on topics like taxing, cryptocurrency, money market, etc. The Cash Flow Carnival exemplified the notion that finance can be both fun and educational and undoubtedly left a lasting impression on all those who participated.
Another eye-catching game was Badla stock exchange, reminiscent of trading in older times hosted in the foyer, it was played between 8 players in different slots, each having to buy shares each round. The person with the maximum net worth and equity capital at the end achieved the podium. The event was basically a way to teach students personal finances and help them analyze their environment.
Overall, the event was a success, and the college was glad with an overwhelming engagement they received, as their hearts were filled with immense happiness to witness the history created on Finance Conclave day.