We were fortunate to have with us Mr. V.S Kumar, an IIMA alumnus, as a guest lecturer on October 30, a day full of learning on concepts based on finance.
The eminent personality with 40 years of industry experience, instilled within the students the basic knowledge about finance from a company’s perspective.
What we learn daily in our classes is not sufficient to cope up with the uncertainties associated to deal with the real-time financial aspects of a company. He gave us an insight about the changes happening in and around various industries and the various changes in the company’s acts and procedures.
The lecture started with a small quiz, followed by an interactive session based on accounting conventions,journals, ledgers and final accounts. Many topics such as cash flow, fund flow and ratio analysis were also discussed.
He also shared his own ideas and views, which is very valuable and enriching for us.