On Finance At IIM Rohtak

Indian Institute of Management Rohtak, established in 2009, has been at the forefront of management research and creating practitioners of management. In a very short time frame, it has churned out leaders who are now associated with the best of brands.

IIM Rohtak has been a breeding ground for finance enthusiasts. It is affiliated to the CFA Institute, making it one of the few institutes in the nation to have such an affiliation. The enthusiasm among the students is highlighted by the fact that more than 100 students are pursuing finance subjects in their final year. The quality of ecosystem provided by IIM Rohtak for learning finance is evident by the fact that it has 22 CFA Level 1 cleared and 3 FRM Level 1 cleared students. The institute is also proud of its students securing a scholarship from the prestigious CFA Institute to pursue their interest in finance.

Finance competitions

IIM Rohtak provides an encouraging environment for finance enthusiasts to test their mettle in various national- level competitions like CFA Research Challenge, AIWMI Credit Research Challenge, and ICICI Direct StockMind. Notable among these are Indus Valley Partners’ FinValley where IIM Rohtak team has been the national runner-up, Motilal Oswal Think Equity Think QGLP event and Airtel Icreate (Finance case) where IIM Rohtak teams have been the national finalists. The students have shown their prowess in competitions such as Insolvency and Bankruptcy Board of India (IBBI)’s Essay Writing Competition and Youth Money Olympiad. Also, the institute’s students have been performing very well in finance competitions organized by various other b-schools.

Curriculum/ Databases

The institute’s academic curriculum is aligned with the CFA certification. The subjects taught at the Institute play a critical role in arousing the interest of students in the finance domain. Some of the main courses are Fixed income securities, Introduction to derivatives, International finance. Management of financial institutions, Private equity, and Behavioural finance. These courses provide both a theoretical and practical perspective to the students.

The research at IIM Rohtak is made possible with the availability of efficient databases which provide the required data in no time. Some of the finance-related databases present in the institute are Ace Equity, Capitaline, Crisil Research, EMIS, Prowess, Insight, and ISID Database.

FI, the Finance and Investment Club

The Finance and Investment Club (FI) of IIM Rohtak has been an active player in fostering the enthusiasm in the finance domain. The club provides opportunities for students to improve their knowledge in finance domain through industry and alumni-connect. It organizes events such as Case study and Stock trading competitions, Budget talks, Simulation games, Newshour sessions, and Knowledge sessions. The club, in association with Wall Street School, had conducted a two-day Financial Modelling Workshop.

The monthly magazine ‘ARBITRAGE’ provides an opportunity for students to bring out their ideas and thoughts to the readers. It provides finance enthusiasts all over the country with a platform to showcase their knowledge through their insightful articles. The club also has an actively managed fund, known as the Vision Fund, driven by students to inculcate the practice of portfolio management. Through this initiative, students are exposed to the nuances of equity research, trading and fund management. This further provides a hands-on facility to apply the concepts learned in class to the real market. The club had organized a notable session on credit risk in Indian banking by Mr. Venkat Bhargav, RBI Manager. The institution has played host to various leaders across the industry from organizations like RBI, ICRA, ICICI, and PNB. The events conducted year-round help students prepare for careers in investment banking, risk management, private equity, treasury, insurance, micro-finance and other domains of finance.

Alumni

The institute has provided great opportunities to its students. Some of the alumni are working in reputed organizations like BCG, BlackRock, HSBC, American Express, RBI, Citibank, Credit Suisse and Fidelity Investments.

The institution thus has a collection of integral elements, which sculpt the financial aficionados in this conducive environment. The interplay of these elements ranging from environmental factors to individual factors is a showcase of finance as a forte for the students of this institution.

Parag Nawani

He is a 2nd year PGPM student at IIM Rohtak. He completed his Summer Internship from Patanjali Ayurved Ltd. in Finance and Accounting role. He is a mechanical engineer from IIITDM Jabalpur. His team was one of the national finalists in TATA Motors MindRover Season 6, and in Credit Research Challenge 2018 organized by AIWMI and NISM.

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