Compendium admissions 2023-25

COMPENDIUM
Admissions 2023-25
Shailesh J. Mehta School of Management
IIT Bombay

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INDEX
• FINESSE – Finance Club. 2
• CONSIG – The Consulting Club. 13
• ECONOMICUS - The Economics Club. 27
• HUMANe – The HR Club. 44
• MARKTRIX - Marketing Club. 52
• OPERA – The Operations Club. 70
• PRODIGY – The ProdMan Club. 99
•
SYSTEMATICS – The Systems and Analytics Club 110
• E CLUB – The Entrepreneurship Club. 133
• Annual Budget 2023-24…………………………….…………………… 138

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FINESSE – Finance Club
What is Finance

Finance is a branch of economics, a science that studies the management of funds (money and other assets. More specifically, through financial analysis, decisions and actions can betaken regarding the collection and use of those funds towards fulfilling the objectives of an organization or individual. Finance affects every area of business. Financial information is pivotal to the strategic decisions organizations make to improve profitability. Finance generally involves activities such as investing, borrowing, lending, budgeting, saving, and forecasting intending to guide organizations through short and long-term planning and deal with uncertainty. Understanding finance is critical for making informed decisions at all levels of business and is hence crucial for corporate success.
Careers in Finance

The study of finance is relevant to a wide range of occupations. Finance majors typically embark on careers incorporate finance, risk management, investments, insurance, real estate, banking, or financial planning.
Investment Banker
They provide a range of financial services to companies, institutions and governments. They manage corporate, strategic and financial opportunities. Investment bankers also advise and lead management buyouts, raise capital, provide strategic advice to clients and identify and secure deals.
Risk Managers
Risk managers or analysts specialize in identifying potential causes of accidents or loss, recommending and implementing preventive measure and devising plans to minimize costs and damage should a loss occur,

3 including the purchase of insurance. They identify exposures, recommend solutions, promote loss prevention, update and monitor compliance with insurance procedure.