The young international business managers at Symbiosis Institute of International Business, Pune who had just begun their MBA journey got a unique opp
The young international business managers at Symbiosis Institute of International Business, Pune who had just begun their MBA journey got a unique opportunity to interact with industry experts-Mr. Mahesh P, Associate Director, CRISIL and Mr. Sujeet Joshi, Manager-Global Research and Analytics, from the reputed rating organization-CRISIL Global Research & Analytics.
CRISIL-a pioneer in the field of credit rating, research and risk and policy advisory services has always shared a fantabulous relationship with the student community at SIIB giving them an insight into the true business world and operations of a world class organization.
The experts spoke extensively on the functions of investment banking- capital raising, research, underwriting, sale and mergers and acquisition with special emphasis on research.
The session was highly informative for the young managers as they got to know the various market participants in the investment services and understood their classification under the three categories-primary investors-retail investors, high net-worth investors, corporations, government entities, and trusts; buy side-asset management companies, insurance companies, pension funds, hedge funds, portfolio management; sell side-stock brokers, broking divisions of investment banks.
The research function of the investment banking was discussed at length and the roles of research analyst- valuation and recommendation, sales analyst-adding new clients and marketing the calls of research analyst and trader-executing trades, offering best prices were elaborated and distribution of brokerage across revenue centers was elucidated in detail for the young managers to help them gain a clear understanding of the operation of research function.
The ever engaging crowd had a series of questions which made the interaction more intriguing. The questions raised by the SIIBians showed that the young managers are keen in making careers in the field of investment banking and are empowered to take decisions for the fantastic organizations they would work for in the near future.