Mr.Vishal Parwani, Associate Director, CRISIL Vishal Parwani, associate director at CRISIL Global Research & Analytics, visi
|Mr.Vishal Parwani, Associate Director,
Vishal Parwani, associate director at CRISIL Global Research & Analytics, visited SIIB few days ago to enlighten the students on ‘Investment Banking’. India’s leading ratings agency – CRISIL is a global analytical player providing ratings, research and risk and policy advisory services.
The MBA in International Business program or the MBA in Energy & Environment at SIIB is incomplete without relevant exposure to the industry. Through the regular interactions and industry interface programs, SIIB carries forth the Symbiosis legacy of exposing the students to the multiple facets of the industry. The session with Vishal Parwani was an excellent way to familiarize students with the day to day happening of the industry.
Top MBA schools across the globe insist on practical sessions like these as it puts forth a true picture of the Corporate sector. SIIB is no exception to this rule. Guided by a rich legacy of the esteemed Symbiosis brand and two decades of providing industry ready professionals, SIIB has established an enviable reputation amongst the big names of the industry. As a result of its hard work dedication and the prestigious Symbiosis Institute tag, SIIB easily features as one of the most preferred destinations for MBA in Pune.
But this preference is loyalty that Symbiosis has earned through its innovative teaching methods and industry interface programs. SIIB regularly invites experts to come to their campus and share their views on specific cases, on-going trends and in particular the future expectations from the industry. The sessions with Vishal Parwani were organized with a similar purpose.
In his session, Mr.Parwani stressed on the areas of operation of the investment banks – capital raising, underwriting, equity research, merger & acquisitions and finally sales & trading. He also shared his insights and experience at CRISIL and the operations that the organization had undertaken. During his lecture at Symbiosis he shared with the MBA aspirants the basics of investing and investment which involved the primary investor, buy side and sell side.
Primary Investors – Retail investors, corporations, government entities, trusts & HNIs
Buy Side – Asset management companies, insurance companies, pension fund managers, hedge funds & private banker
Sell Side – Stock brokers, broking division of investment banks
Later on in the lecture, he also described the roles of research analyst, sales analyst and trader.Everything from analyses of fundamentals, arrive at valuation & recommendation (financial models & research reports) and meets management of clients for financial advisory purposes happens on a a regular basis to ensure smooth functioning of Corporate offices. They facilitate meeting between buy side clients and research analysts. Trader executes trade.The brokerage earned is allocated based on different criteria.
Article contributed by Santanu Das. Santanu is a International Business student , SIIB Pune
( Batch of 2012-14). Management consulting interests him and when not in class you would find him quizzing, debating and going around doing PR activities. He can be reached at email@example.com