ECONOMICS FINANCE 2018 Visit to Financial Institutions

Batch 2017-19, finance students visited commercial banks in teamson February 17, 2018as part of their Commercial Banking course. South , Sungam branch; , R.S. Puram branch; Indian Bank Town hall; Indian Bank, Siddhapudhur; Central Bank, Thadagam Branch, HSBC, Race Course branch; Catholic Syrian Bank, Gandhipuram branch, Axis Bank, Branch . The teams interacted with bank officials to get to know the modus operandi of bank and collected data on various aspects like types of retail loans, Credit evaluation- credit analysis-credit scoring and consumer credit regulations, BASEL norms, Loan Pricing, Objectives, models, CIBIL Score Priority sector lending, types of deposits In & abroad, Calculation of interest on bank deposits, Modern banking services- Challenges and prospects for modern banking. Corporate banking nature and development in corporate banking Consortium finance, Insolvency and bankruptcy code 2016. Dr.S.Sangeetha, Associate Professor coordinated this visit.

2017

Managerial Economics course Local Companies on August 19, 2017

180 students of batch 2017-19, visited various local companies like Aquasub Engineering, Eastern Spinwell Limited, Gesco, Jayam Engineering, Mas Solar System, Mouli Technologies, Ponmani Wet Grinder, Sairam Polymers, Southern Engineering , Vikashini Spinners Rojas Jute Company, Hifit Engineering Pvt Ltd, Kool Tek Industries , BERO Enterprise and Distributions ltd , Sri Farms , MechLab Equipments, ; Cheran Pumps, Coimbatore; SS Engineering, Kariyampalayam, MillTech CNC, Coimbatore; Perfect Tools and Die, Perfect Tools and Dye; in and around Coimbatore on August 19, 2017. The students made a poster presentation on this visit on September 7, 2017. They collected data and explained the production functions, different types of cost incurred by the company. In addendum, they narrated the economies and diseconomies of scale. The visit is part of Managerial Economics course. Event organized by Dr.S.Sangeetha, Dr. B.Poongodi, Dr.P.Nalini and Ms. A.Latha

Managerial Economics course Local Markets on August 30, 2017

180 students of batch 2017-19, visited various local markets like Fish market, Grocery market, Flower market, Grocery market, Old book market, Fruits market, Jewellery Market, Market for Pet Animals, Vegetable Market located at Singanallur Uzhavar santhai , MGR Street Metuppalayam & Kovilpalayam, Vegetables Mundies, Mettupalayam; Uzhavar Sandhai,DB Road; Flower Market, Coimbatore; Apparels Market, TownHall; Textiles Market; Avinashi in Coimbatore on August 30, 2017. The students made poster presentation on this visit and its study on September 7, 2017. The visit was part of managerial economics course. They collected data and justified the type of market structure it belongs to. Event organized by Dr.S.Sangeetha, Dr. B.Poongodi, Dr.P.Nalini and Ms. A.Latha

Investment Analysis course

Annamalai Capital Services Pvt Ltd., Coimbatore on September 15, 2017

A field visit to Annamalai Capital Services Pvt Ltd., Trichy road, Coimbatore was organized for the II MBA finance elective students (2016-18 Batch) on September 15, 2017. The visit was an experiential learning for the Investment Analysis course. Twenty students made the field visit. Mr.K.Suresh, Member of Multi Commodity Exchange of India Limited, Annamalai Capital Services Pvt Ltd facilitated the students during the visit. The discussions were about the origin of ACS, the requirements for account opening, trading and settlement, communication with customers, various exchanges, etc. The field visit was very interactive and informative and it helped the students in gaining more knowledge about the live stock market trading. The student coordinators for the field visit were Vasanthan.R (16MBA025) & Lathika Rajan.R (16MBA087). The course faculty and coordinator for the field visit was Dr. A. Senthil Kumar, Assistant Professor (SRG), School of Finance.

2016

Debate on Currency Demonetization on November 14, 2016

KCT Business School, Qubate and Sahitya jointly conducted a students’ debate on Currency Demonetization on November 14, 2016. There were 8 debaters from Engineering and KCTBS. They argued for and against the decision to demonetize Rs.500 and Rs.1, 000 notes in India. The impact of the demonetization on common man, economy, business and global relations were critically debated. The session was moderated by Mr.Ilamurugu Karunakaran, Vice President and Cluster Head of HDFC Bank Limited, Coimbatore. There were 100 participants from students and faculty of KCT. The student coordinator for the Debate was Mr.Vignesh Ravindran. The faculty Coordinators were A. Senthil Kumar, Assistant Professor (SRG), KCTBS; M.V.Umesh, Associate Professor, EIE and V.Abirami, Assistant Professor, S&H. Financial Institution Visit on October 5 & 6, 2016

On October 5 & 6, 2016 the Finance students of Batch 2015-17 visited various financial institutions like Banking, Stock Broking, Chits Funds, NBFCs in order to learn the modus operandi of these business. To mention a few institutions -Punjab National Bank, , , Sakthi Finance Limited, RBL Bank, Alagumeenakshi Finance, Destimoney Broking, Vijeta Broking India Pvt ltd, Alpha Capital, Tarapadi Cooperative Society and Thudiyalur Agriculture Cooperative Service Society were the institutions visited to gain practical exposure.

Batch 2016-18 visited the local markets situated in and around Coimbatore on Sunday, September 18, 2016. They explored markets like Fish Market, Town Hall Cloth Market, Vegetable Market Saibaba Colony, Flower Market, Fruit Market etc. The outcome of the field visit was to provide knowledge and exposure on local market modus operandi, the mode of competition, logistics, substitutes, cost determination, pricing techniques, demand and supply estimation, inventory management, procurement techniques, negotiation skills, promotion strategy etc. The event was coordinated by the economics faculty S.Sangeetha, Dr. Nalini and Dr. V.Kaarthiekheyan.

Workshop Union Budget Panel Discussion, on March9, 2016

A panel discussion on the Union Budget was arranged on March9, 2016 by CoF. The panel members were Mr.Illamurugu Vice President, HDFC Bank, Coimbatore; Mr.AravindThangam Partner, Paul &Aravind Chartered Accountants, Coimbatore; Mr.K.Ravi CFO, Roots Group of Companies, Coimbatore; MrShanmugaSundaram and Mr.A.Senthil Kumar,Assistant Professor (SRG),CoF was the moderator for the panel.The session started with an introduction speech by the moderator about the discussion topic. Mr..K.Ravi spoke about financial services and direct taxation. He spoke about the 9 pillars and also reiterated on Economic outlook, prospects & policy challenges, foreign exchange resources, roadmap and priorities.Mr.A.ShanmugaSundaram gave a brief note about Union Budget 2016 – 2017 Highlights. He spoke about allocation of budget on various sectors. Wavering of excise duty on electronic and hybrid vehicles was mentioned.As the third panel member Mr.Illamurugu shared his knowledge about Banking and Financial services. He discussed about the struggle of PSU banks, Absence of larger banks to compete globally, Recapitalization, Bankruptcy and Insolvency code, Budgetary reforms, its positives and concerns.Mr.AravindThangam spoke about the indirect taxes. He clearly stated what is Union Budget, and the types of fund which were consolidated fund,Contingencyfundand Public account of India. He also spoke of various kinds of indirect taxes.At the end of the panel discussion the topic was open for discussion. Various questions were asked to the panel members about limited time Voluntary disclosure,Bank under capitalization, GST,GAAR and Farm finance.This discussion was coordinated by student coordinators Nandhini. L and Abinaya.N( Batch 2015-17), S. PavithraVanshi, Finance Forum Executive (Batch 2014-16) along with faculty coordinator S. SangeethaAssistant Professor (SRG),CoF

2015

Discussion on "The Ripple Effects of Chinese Yuan Devaluation and Stock Market Crash on August 27, 2015

A discussion was conducted on August 27, 2015 on The Ripple effect of Chinese Yuan Devaluation and Stock Market Crash. The discussion session was open for participation and contribution by all MBA students & faculties. Fourteen students of batch 2014-16 & batch 2015- 17 participated in the discussion. A brief preparation on the cause and effects on the Chinese Yuan Devaluation and Stock Market Crash was prepared for the session by the students of Batch 2014-16. The discussion started with the origin of devaluation and the experience of Chinese about the globalization. There was a intense discussion about the Chinese economy and the current situation in relevance to GDP and FOREX reserve. The discussion enabled the participants to get to know more about the impact of devaluation among the various countries. There was also an argument among the participants regarding Asian currency crisis - 1997 and the financial crisis – 2008. Finally the discussion came to an end with the detailed knowledge about the effects of Chinese Yuan devaluation. Mr. A Senthil Kumar, Assistant Professor (SRG) facilitated and coordinated the discussion

Real Time Online Share Trading Program on August 31, 2015

Real-time Online Share Trading Programme (ROSTP) was launched on August 31, 2015. Mr. K. Annamalai, Director, Annamalai Capital Services (P) Limited, Coimbatore facilitated the session. ROSTP is a reality learning platform for students to learn and invest in stock markets. The share trading partner for ROSTP is Annamalai Capital Services (P) Limited and banking partner is Axis Bank. Twenty two students of batch 2014-16 have enrolled and were part of the ROSTP. Mr.Annamalai officially launched the ROSTP for the batch and highlighted the relevance of the initiative in improving the knowledge and skill of MBA students. This learning initiative was coordinated by Senthil Kumar A, Assistant Professor (SRG), CoF.The student Coordinators for the ROSTP was Sumangala V, Jaiprakash.R, GowriManohari.E, BhuvanaChandriga.S, Boggarapu Nikhil, PavithraVanshi S and SowmyaLakshmi.N of batch 2014-16.

National Institute of Securities Markets Certification in Securities Marketson September 11, 2015 The NISM (National Institute of Securities Markets Certification in Securities Markets) is an online certification examination for finance conducted by the National Institute of Securities Markets, Mumbai to prepare qualified capital market participants. KCT.BS students specializing in finance have taken proactive steps to equip themselves with conceptual clarity and application knowledge in capital markets through their appearance in NISM certifications. In total, 62 participants appeared for the exam (40 finance elective students of batch 2014-16 and another 22 participants from other academic institutions and industry) for the NISM-Series-XII: Securities Markets Foundation Certification Examination which was conducted on September 11, 2015. Out of the 40 students from KCTBS, 19 students secured above 60% marks and qualified for the certificate. The top 3 performers in the exam were: Roll No. Name Top 3 Qualified Marks

14MBA081 RAMYA. A.P. 82 %

14MBA027 SUMANGALA. V 77 %

14MBA093 ARAVIND KUMAR. J 76 %

SenthilKumar A, Assistant Professor (SRG) CoF was the faculty coordinator for the NISM initiative. KCT.BS congratulates and wishes these students and others to scale up to higher NISM modules.

Local Market Visit, September 2015

As part of Economics course, students of Batch 2015-17 visited various markets in Coimbatore during the second week of September 2015. The markets explored by the students were Fish market, RS Scrap market, MGR Vegetable market, Thudiyalur vegetable market, Coimbatore and Mettupalayam Flower market, Mettupalayam vegetable market, Coimbatore Rice market, Kovilpalayam Vegetable market, Gold Jewellery market – Town Hall, Saibaba colony vegetable market, R.S.PuramUzhavarSandhai , Onion Market – Mettupalayam, T.K. Provisional, Market – Coimbatore, Fruit market - K.G., Street Coimbatore ,Vegetable Market –Thudiyalur, Book Market - Ukkadam Coimbatore markets etc., Sunday market to learn about Modus operandi, Market structures, Products dealt, Types of product, Customer retention, Reason for choice of products sold, Promotion strategy, Price determination, Innovative strategies adopted, Substitutes, Marketing strategy, Sellers selling skills, Distribution, Negotiation skills sets, Cost determination, Inventory management, Profit , Procurement techniques, Demand and Supply Estimation. This learning process was coordinated by the course facilitators of Economics.

Rural Visit and MGNREGA,September 2015

As part of Economics course, students of Batch 2015-17 visited various villages to study the effect of Mahatma Gandhi National Rural Employment guarantee Act (MGNREGA) over the rural employment, livelihood and agriculture. The students explored the General occupation practiced in the village, Gender wise categorization, Type of task carried out, Type of job (other than 100 days), Areas of Improvement, Specialty of village, Advantages and disadvantage of the program, Effectiveness of the program, Type of task performed in 100 days scheme, Societal Impact, Impact on Agriculture, Projects undertaken and completed, Amount of Wages received, Benefits received, Problems faced, Satisfaction level, Modus operandi. The villages visited by students are Thekkampatti village, Purandampalayam, Vellanaipatti, Vellakundapuram, Behratty, Veerakulam, Sultanpet, Sengalipalayam, Devarayapuram ,Bandisholai , Kurudampalayam, IkkaraiBoluvampatti, Yeddapalli etc. This learning process was coordinated by the course facilitators of Economics

Activity based learning on Elasticity of Demand on September 30, 2015

Students of Batches J1 & 5 (Batch 2015-17) had hands on learning by doing an activity to learn elasticity of demand. The students brought the real feel of a market and exhibited consumer behaviour in purchase decisions and price negotiations. This experiential learning, part of the Economics for Business course for I MBA students was conceived and executed by Sangeetha S, Assistant Professor (SRG) on September 30, 2015

Online Subscription of Business Line on September 30, 2015

KCT Business School has subscribed to the Business line on campus, a web portal which provides current events, discussions forums, case contests, blogs, Campus buzz and lot more. Both Batch 2014-16 & Batch 2015-17 students will benefit from this subsidized subscription. This was coordinated by Ms. Sangeetha S, Assistant Professor (SRG), CoF

Experiential Learning in Production on December 5, 2015

The concept of production function was learnt practically by students of J4 (Batch 2015-14) on December 5, 2015 as part of their Economics course. The students were given the same amount of inputs and were asked to produce as many components as possible using the given input in a specified time. Different teams produced different outputs and were assessed on different categories like quantity of output, quality of the products and the time of completion of the production. The following concepts were inferred from the activity: Production function; Division of labour; Specialization of labour; efficient utilization of resources, etc.; SRC & LRC. These activities were conducted by Dr. P. Nalini , Assistant Professor CoM