Goa Institute of Management goes hi-tech – Sets up Finance Lab at its campus
Goa Institute of Management (GIM) recently inaugurated the Finance Lab at its Sanquelim Campus. The Finance Lab at GIM integrates theory with real world practice. It is a connect between what students learn in classroom and what occurs in the corporate industry. Live terminals, research databases and real-time access to global financial resources are made available at the finance lab which enables students to link classroom education to actual financial markets.
The lab aims to support advanced applied research in financial markets while also building skills of budding finance managers. The lab will also assist in market research, provide industry level data about major players, market share of each company, product offerings and other finance related processes.
The Finance Lab at GIM is equipped with 10 terminals set up by Thomson Reuters, which provide access to information at a global level on equities, commodities and energy, fixed income, foreign exchange and money markets, economic data, industry data and company data. It is also equipped with a Stock Price Ticker display for which data feed is received from the Bombay Stock Exchange with a time lag of one minute. Additionally, it has access to all the news channels including business news channels.
Additionally, GIM has subscribed to Economic Outlook, Industry Outlook, Prowess and CapEx of CMIE (Centre for Monitoring Indian Economy Pvt. Ltd.) These products provide data on more than 100,000 economic indicators, industry level data of 193 industries and data of the financial performance of over 27,000 Indian. It also has a CRISIL Fund Analyser, which is empowered with a comprehensive database, robust analytical reports and wide range of interactive features which campus enable the user to create complex queries and results on mutual funds. It also has Capitaline which provides data on all Indian companies listed on the Bombay Stock Exchange and National Stock Exchange.
The lab was inaugurated by Mr. Aditya Puri, MD, HDFC Bank in the presence of Fr. Dr. C. Joe Arun, SJ, Director, GIM, P.F.X. D’Lima, CEO and Members on the Board of Directors of GIM, along with faculty and students.