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Department of Financial Studies, University of Delhi

1987 - 2012

Placement Brochure Class of 2012

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New Challenges New Ideas

Global Recovery of the world economy has been slower than expected. Economies such as Spain, Greece as well as the United States are still reeling under the effects of the global economic meltdown. The downgrading of US credit rating has aroused spectres of the 2008 Financial Crisis. The onus of growth is now on emerging economies as they continue to grow rapidly. But these economies have problems of their own such as increased spending on social goals and advancing structural reforms. In times like these when the only sure thing is uncertainty, the new breed of business leaders needs to be flexible, adaptive and far more resilient to be able to cope with a changing dynamic economic environment. Future finance professionals need to be innovative and employ creative strategies to deal with problems at hand. They need to be open to new challenges.

Not Just About Numbers

Finance is not just about numbers but also about effective business planning and making decisions to fit an appropriate business model for a particular service. In the post-crisis world a professional needs to upgrade his skills and expand his knowledge base with renewed vigour to increase his chances of employability. Ethics cannot be taught from fine print. We at DFS, believe that they can be imbibed by dissecting prevalent issues with in the framework of our course. Ambition and a high level of personal motivation are important but so are honesty and integrity. Our Endeavour is to educate a new breed of leaders with a heightened awareness of social and ethical sensitivity, leaders who lead not only in business but also in society. This is the time for reflection and change and to work towards a brighter future not just in economic but also in social and human terms.

Grounded in Values Open to Challenges

Table of Contents

01
About DFS From HODs Desk

03
DFS Pedagogy Focus Areas Curriculum Core Faculty Visiting Faculty Guest Lectures

15
Industry Interface Corporate Associations International Associations

19
Student Initiatives Events

25
Distinguished Alumni

29
Placements Snapshot 2010-2011 Past Recruiters Recruiters Speak Students Profiles

About DFS
The Department of Financial Studies (DFS), under the prestigious Delhi University, has been an institution of learning for students who aspire to enhance their managerial efficacy in the finance industry. For the past two decades, DFS has been providing the industry with qualified proficient and dedicated finance professionals through a fulltime two-year Master of Finance and Control (MFC) Programme. The MFC Programme seeks to equip a select group of students with conceptual and analytical skills of financial decision making. What sets this course apart from contemporary courses in the area of management is the balanced blend of various aspects of Finance. The students are provided with inputs in the basic areas of managerial decision-making such as Managerial Economics Quantitative Techniques, Financial Accounting, Corporate Law etc., as well as in different areas of finance such as Financial Management, Financial Services, International Finance, International Accounting, Investment Management, Project Appraisal and so on. To keep students abreast with the latest developments in the field of finance the curriculum has been updated to include new courses such as Derivatives & Risk Management, Treasury Management, Real Estate Investment Management, Insurance Management, Mutual Funds Management, Equity Research etc. The summer training programme offers the students an opportunity to put the acquired financial knowledge to practice and also to leverage on the experience gained in their first year. The edge is further sharpened by constant interaction with the industry through the Annual Convention, Seminars, Workshops, Symposia and Research work. Thorough grooming of the students over a period of two years gives them a Fine blend of theoretical and practical inputs to take on challenging careers in the field of Corporate Finance, International Finance, Merchant Banking, Capital and Money Markets, Portfolio Management, Investment Advisory Services, Credit Rating, Venture Capital, Forex Advisory Services, etc. Under the guidance of learned faculty, renowned in the field of finance and other related areas, industry practitioners and academicians, the MFCian epitomizes the philosophy of vision, innovation and excellence, to perform and shine.

01

From HODs Desk

Twenty four years ago, when the Master of Finance and Control programme was launched by the Department of Financial Studies, it was a foray into unchartered territory in the Indian educational scenario. Based on the lines of MS(Finance) offered internationally, it was one of its kind, a niche course in Finance, designed and developed to cater to the needs of the fast growing Indian Financial Sector.
Since its inception, DFS has evolved into an institution that is known for the quality of students and faculty. The CAT based qualification and profile based rigorous selection process on an all India basis ensures that only the best mind qualify and the class profile is at par with the leading national and international B schools on all parameters. The faculty, staff, students and alumni work together to create an evolving environment that is rooted in market pragmatism. At DFS, you find a program that offers the satisfaction that comes from a blend of intensive rigorous academic study with realities of practical world of finance and trade literature, as well as preparation. It prepares for careers that require skills in quantitative and qualitative analysis and communication. The internship program, case studies, simulations and projects allow students to assess their interests, simulate in the real world context and to prepare for future employment. Our alumni are renowned professionals working in diverse functional areas, work cultures and academic disciplines. Conferences, seminars and workshops are a regular feature at the campus, providing a forum for presenting research work and discussing important issues of national and 02 global interests. These events provide a unique blend of academics and corporate know how ensuring that the curriculum is both contemporary and relevant to the industry needs. This has helped our students develop a thorough understanding of emerging economies and the global work place. I heartily welcome you on board and look forward to building a long term mutually beneficial relationship

Prof. I. M. Pandey
Head

New ways of Thinking

03

DFS Pedagogy
The Master of Finance and Control Programme offered by the Department of Financial Studies, University of Delhi is full time two year course comprising of four semesters. Each semester comprises of five to seven subjects that are specially designed to equip students with conceptual and analytical skills for financial decision making. The first two semesters focus on building the foundation of the principles of Finance, Economics, Accounting and Quantitative Techniques. This is achieved through classroom discussions, case studies and role-playing exercises. There is emphasis on the application of the academic framework to real life problems and understanding the industry perspective. The latter semesters offer the students an opportunity to specialize in the subjects in the form of electives that help realize their career choice. A deeper understanding of these specializations is achieved through group projects and assignments. The key aspects of the programme include:

1:4

Faculty Student Ratio

23

Courses in Finance

Elective Courses in Finance

100% 1800+
Ph.D Faculty Hours of Classroom Interaction

MFC curriculum has been very well designed to enable the students in developing a deep and well-rounded knowledge of finance, and equip them quite well to pursue career opportunities in broader financial services industry or corporate finance. In todays highly dynamic and competitive business environment, it is important to have such a well-rounded perspective for analyzing business situations to enable judicious decision making. Mr. Pramod Kumar, Managing Director, India Investment Banking, Citigroup Global Markets India Pvt. Ltd.
04

The Differentiator
05

Focus Areas
Investment Banking
Investment Analysis Portfolio Management Equity Research Financial Services Indian Financial System The curriculum at MFC exposes you to the finest nuances of finance. It equips students with the knowledge that they would require to pursue a successful career in finance. Rajeev Suneja (Senior Vice President, Kotak Investment Banking)

Wealth Management
Investment Analysis Tax Planning & Management Portfolio Management Equity Research Insurance Management Mutual Funds Management DFS places you in a win-win situation when you enter the field of wealth management. On one hand, it offers in-depth product knowledge with an in-depth understanding of the financial sector and its nuances. On the other band, it infuses you with the confidence and sense of conviction needed for successfully handling the requirements of clients Aashish Khaitan (Senior Vice President, Head- Family Office Services, Kotak Wealth Management)

Insurance Services
Insurance Management Services Marketing Financial Services The MFC course provides a deep understanding of the Financial Services space. This combined with the other requirements of the course curriculum that are aimed at all round professional and personality development, equip an MFC PG to excel in the corporate world. Monica Agrawal (Director-Corporate Initiatives, Aviva Life Insurance Ltd.)

Financial Consulting & Advisory

Financial Analysis Strategic Financial Management Project Planning, Appraisal & Control Tax Planning & Management Management Accounting Transaction advisory services demand a high degree of detail and foresight. The rigorous training that students at MFC undergo ensures that they are equipped with the technical proficiency and interpersonal skills required to excel in this industry. Kuljit Singh (Partner & Head - Transaction Advisory Services, Infrastructure, Real Estate and Government Ernst & Young Pvt. Ltd.)

Fund Management
Investment Analysis Portfolio Management Mutual Funds Management Treasury Management Management of Bank Funds Managing funds is getting complicated with the ever increasing volatility in the financial markets. The most rudimentary skill for a fund manager is to think away from the crowd and value assets dispassionately. It is here that MFC equips its students with not only the most contemporary asset valuation techniques but also the latest in behavioural finance Ajay Tyagi CFA (Fund Manager, UTI Asset Management Company Ltd.)

Banking
Management Of Bank Funds Treasury Management Insurance Management Financial Services Project Planning, Appraisal & Control Mgmt. The curriculum at DFS is such that it helps you build a profound understanding of various facets of banking and assists in the development of a successful career in the ever expanding field of banking and financial services. Ajay Sharma (Country Head- Bahrain and Regional Head- Middle East and North Africa, Wholesale Banking, ICICI Bank, Bahrain)

06

Focus Areas
Financial Market Research
Equity Research Portfolio Management Derivatives & Risk Management Financial Analysis Quantitative Techniques Investment Analysis Macro-economic Theory & Policy MFC program has evolved over the years thereby helping students to keep pace with the changing landscape in financial services. The students are put through rigour and gain relevant domain knowledge to step into and add value to the respective organisation they go onto work for. Nipun Sahani (Managing Director & Head, Global Commercial Real Estate, DSP Merrill Lynch Capital Ltd.)

Corporate Finance
Financial Management Treasury Management Project Planning, Appraisal & Control Mgmt. Entrepreneurship & Small Business Financial Mgmt. Derivatives & Risk Management MFC is an intimate, specialised school of finance. Its content is contemporary, strong in basics, forward looking and drives creativity. One learns to drive business by smelling numbers. Ankur Modi (Head Planning, Logistics & Outsourcing, Hindustan UniLever Limited)

Business Analysis and Strategy

Strategic Financial Management Macro-economic Theory & Policy Quantitative Techniques Management Information System Financial Accounting & Analysis Managerial Economics Management Accounting Services Marketing In the current dynamic and competitive environment skill sets in the areas of Business Analytics & Strategy have become more critical. The course at MFC trains students to think in a rational way and follow a structured approach. Today when I assist Emerging Corporates devise their roadmap, I know that my advisory skills have deep roots at the MFC campus? Sanjiv Saraff (Vice President Investment Banking, ICICI Securities Ltd.)

International Finance
Multinational Financial Management International Accounting Derivatives & Risk Mgmt. International Finance The MFC Course delivers talented, highty qualified and motivated finance professionals around the globe. This is not just a financial management mantra but a core part of how MFC runs its Finance and Management Training.The results are measured and delivered on an annual basis to the demanding industry leaders globally. Ashish Devasar (Managing Director, Senior Client Partner. Deutsche Bank (Suisse) SA)

Real Estate & other Alternative Assets

Real Estate Investment Management Investment Analysis Project Planning, Appraisal & Control Mgmt. Real estate sector offers varied job roles from transaction management to feasibility studies, valuations, financial structuring, private equity and more, Each of these require keen financial prowess. MFC, with its experienced faculty and industry specific course content, equips graduates with the requisite knowledge and skill set, providing them a clear competitive edge over other graduates. Anshul Jain (CEO, DTZ India)

07

Curriculum
The course curriculum has been designed in view of the objectives of the course and on the basis of extensive consultations with eminent academicians, leading practitioners in the industry as well as MFC alumni working at senior levels in the industry.

Part I
MFC Part I course is composed of two semesters- Semester I and Semester II. The schedule of papers prescribed for MFC Part I examination is as follows:

Part II
MFC Part II course is composed of two semesters- Semester III and Semester IV. The schedule of papers prescribed for MFC Part II examination is as follows:

Semester I

Managerial Economics Business & Corporate Laws Financial Accounting Business Statistics and Mathematics Information Technology for Managers Indian Financial System Financial Management

Semester III

Financial Services International Finance International Accounting Portfolio Management Strategic Financial Management FinanciaI Derivatives & Risk Management Management of Bank Funds

Semester II

Macro Economic Analysis and Policy Management Accounting Financial Reporting and Analysis Quantitative Techniques MIS and e-Finance Investment Analysis Econometrics

Semester IV

Financial Econometrics and Equity Research Project Study Optional(Any Two from the following) Insurance Management Mutual Funds and Pension Funds Management Real Estate investment Management Commodities Market Fixed Income Securities and Treasury Management Infrastructure Finance Tax Planning and Management Project Planning, Appraisal & Control Services Marketing Interdisciplinary Course- An Elective Outside the Department

08

Inspiring the Change

09

Core Faculty
Prof. I.M. Pandey
Ph.D. (Finance), Corporate Finance, International Finance, Management Control System
Former Dean (1991-94) and Professor (1980-2005), IIM Ahmedabad. Former Dean and Professor (2005-07), School of Management, AIT, Thailand. Visiting Professor (1984-85), CBA, Kansas State University, USA. Visiting Scholar (1989), University of Birmingham, UK. Former Member of the Boards of Directors: HPCL, IFCI, Cochin Shipyard, IDBI-Principal, Ahmedabad Stock Exchange, Indorama (Thailand), IDBI Western Region Advisory Board. On the Editorial Boards of Afro Asia Journal of Accounting and Finance, International Journal of Learning & Change, The Global Business & Finance Review and International Journal of Effective Management. Published about 40 cases and 70 journal articles, 10 books and six research monographs

Prof. Muneesh Kumar

Ph.D. (International Business) Financial Information Management, Management of Bank Funds
Teaching and research experience of over three decades. Published 35 research papers in journals of repute. Authored 3 books and edited 2 books. Member, Editorial board of International Journal of ICT and Human Development and Problems and Perspectives in Management(An international Journal). Member, Expert Committee on automation of post offices, India Post, Ministry of Communication, Government of India. Member, Market Participation Committee, Pension Fund Regulatory and Development Authority, Government of India.

10

Core Faculty
Prof. V.K. Vasal
Ph.D. (Accounting) Financial Accounting, Corporate Reporting, International Accounting, Financial Analysis
Winner of the inaugural Young Researchers gold medal and four Best Conference Paper awards of the Indian Accounting Association. Visiting research scholar at the University of Kansas under the CIBER program of the US Federal Government since 2001. Director, Centre for Canadian Studies, University of Delhi, South Campus. Has authored a book and more than 50 research papers.

Prof. Sanjay Sehgal

M.Phil. (Finance), Ph.D.(Finance) Investment Analysis, Portfolio Management, Financial Econometrics, Corporate Finance.
Post Doctoral Research on Multi Factor Asset Pricing from Department of Accounting and Finance, London School of Economics(UK). Completed three government funded research projects. Has written a book and 52 research papers which have been published in referred international and national journals. On the Editorial Board of leading finance journals and Member of SEBI Committee on Investor Education and Protection. Eight Ph.Ds awarded under his supervision and eight Ph.Ds are currently under supervision.

Prof. C.P. Gupta

M.Phil. (Finance), Ph.D. (Finance), PG Dip. Operations Research, Investment Decisions, Investment & Portfolio Management, Quantitative Finance, Fuzzy Decision Making and Financial Modeling.
Has authored a number of research based books and research articles published in Indian and International Journals. A member of the Jury for The ICWAI National Award for Excellence in Cost Management-2008. Member nominated to an expert group constituted by Government of India- Expert Group To Review The Existing Cost Accounting Standards And Cost Audit Report Rules. A member of Cost Accounting Standard Board constituted by ICWAI, New Delhi. Area Editor-Finance and Accounting, Journal of Indian Business Research.

11

Core Faculty
Dr. Nidhi Jain
M.Phil. (Marketing), Ph.D Services Marketing, Business & Corporate Laws and Management Accounting
A gold medalist from Delhi University and a Doctorate from Faculty of Management Studies (FMS). Has completed a major research project on Developing MIS for Foreign Exchange Exposure Management and a Minor Research Project on International Financial Flows. Has authored two books titled Restructuring Indian Financial System and Foreign Exchange Risk Management and many research articles.

Dr. Amitabh Gupta

M.Com., M.Phil., MFC, Ph.D(Finance) Financial Economics, Corporate Finance, Capital Markets
Has rich experience of working in the financial services industry which includes equity research, investments and mutual funds. Has authored a book: Mutual Funds in India: A study of Investment Management and co-edited two books: Indian Capital Market: An Empirical Study and Indian Stock Market: An Empirical Study. Has published over 30 research papers examining various issues in the area of corporate finance and stock markets which include mutual funds, stock splits, share buy-backs, mergers, insider trading, corporate governance etc. Has presented papers at international conferences in Italy and Turkey. Was a Research Fellow at Maison des Sciences de l Homme, Paris 2003.

12

Visiting Faculty
Mr. Sameer Shaw, CA
CFO & CS, HDFC ERGO

Mr. Naveen Mittal

Assistant Professor, Shri Ram College of Commerce

Mr. Prakash Bisht, CA

Senior VP, Jubilant Life Sciences

Dr. R.A. Sharma

Former Faculty, Department of Financial Studies, University of Delhi

Ms. Archana Bhutani, CA

Director, KPMG

Ms. Radhika Kapoor

Former Assistant Manager, ICICI Bank

Dr. Sanjeev Singhal, CA

Global President, MAS, Spice Group

Mr. Ramesh Bhatt

Mr. Gaurav Sharma

Executive Chairman, Wone Management System Former faculty, IIM Ahmedabad

Associate Vice President, Capital Markets, Jones Lang Lasalle

Dr. Ramji Narayanan

Reader, P.G.D.A.V College (Eve), University of Delhi

Mr. Gopala Krishnan

Former Chief Manager, Indian Overseas Bank

Mr. S.K. Sinha

Mr. Kumar Bijoy

Business Consultant, Via Edge

Lecturer, College of Business Studies, University of Delhi

Mr. Shashank Narayan

Associate Vice President, Capital Markets, Jones Lang Lasalle

Mr. Mridul Upreti

Jt. Managing Director, Capital Markets Jones Lang Lasalle

Mr. Subhash Malhotra

Associate Professor, Department of Commerce, Shri Ram College of Commerce

13

Guest Lectures
Associate Director, UBS

Mr. Raghupathi Karanamu

Mr. Ajay Tyagi

Fund Manager, UTI Asset Management Company

Mr. Sunil Thakur

Senior Vice President, Investment Banking, Religare Capital Markets

Mr. Ashwani Mehra

EVP & Head, SBI Capital Market Ltd.

The DFS faculty has the most amazing commitment to the quality and content of the program and they ensure that the students pass out with their feet firmly on the ground and heads held high. -Arpit Agarwal, CEO, Bajaj Finserv Wealth Management

Mr. Anshul Jain

CEO, DTZ India

Mr. Awdhesh Nagar

Director, Standard Chartered Bank

Mr. Akhilesh Awasthy

Vice President-Marketing, Indian Energy Exchange

Mr. Kuljit Singh

Mr. Athar Shahab

Deputy MD, IDFC Projects Ltd.

Partner & Head-Transaction Advisory Services, Infrastructure, Real Estate and Government, Ernst & Young Pvt Ltd.

Mr. Deepak Mahurkar

Mr. Sameer Bimal

Country Head, Private Banking, ING Vysya Bank Ltd.

Associate Director, Oil & Gas Industry Practice, PWC

Mr. Nipun Sahani

Managing Director, DSP Merrill Lynch Capital Ltd.

Mr. Rahul Chadha

Head, Mirae Asset Investments, Hongkong

Mr. Rajat Chatterjee

Director, Corporate Banking, Barlcays Bank

Ms. Swati Agarwal

Regional Head-North, CARE

14

Industry Interface

Guest Lectures, Seminars & Workshops

To extend learning beyond the classroom teaching, we invite experts from the industry to conduct guest lectures, seminars and workshops on various topics and issues related to finance. At DFS, there is always an endeavour to create opportunities for the inquisitive students to interact and learn from the industry experts. Such interactions also give the prospective recruiters a chance to gauge the students knowledge and understanding of the subjects and fundamentals of finance and have helped them make the best decisions.

Internships
As part of the course requirement, at the end of first year each student is required to undertake practical training for a period of two months in various organizations. The internships widen the students perspective by providing an exposure to real life organizational and environmental situations.

Placements
The Placement Season starts in the month of August with the Placement Team members visiting organizations for corporate presentations and inviting them for campus placements. According to the students preferences and the availability of slots, the placement team schedules the whole season. The placements start in the last week of October and the process includes a pre-placement talk followed by the placement process decided by the organization. 15

Live Projects
The objective is to encourage the students at DFS to apply their knowledge to practical issues in the industry. If undertaken before the Placement or lnternships Season, these projects give the companies an indication of the profile of the students. These projects help the students gain valuable insights into the workings of the industry.

Corporate Associations

MoU with MCX-SX

Academic learning should be more aligned with the needs of the industry so that students are exposed to the skill set required to meet the demands of the customers and challenges of competition. This gap can be narrowed down through a coordinated approach ensuring closer interactions among industry, institutions and the academia. The agreement with MCX aims at helping students imbibe practical financial knowledge through means of short term courses and training sessions. A software with ticker application will be installed for research activities to be undertaken by the faculty and students.The association aims at promoting research in the financial market by providing financial, technical and data assistance. The agreement is a step towards fostering a long term association with the organization in the form of guest lectures and internships. As a precursor, a training session was held by MCX-SX at the department explaining its core activities and imparting know how.

16

The Global Perspective

True success never believes in boundaries, and also to have an authentic benchmark of the achievements, one needs to gauge it from an international perspective. So, gearing the generation to meet the challenges, by exposing them to a wider arena is what we mean by adding an international perspective.

17

International Associations

Trade Liberalization and Integration of Financial Markets has blurred geographical boundaries and the global outlook of the finance industry calls for finance professionals who display competence in the international scenario .The Department of Financial Studies enjoys a long standing relationship of collaboration with the following academic institutions:

ESC Pau, France

ESC Pau, France Reims Management School, Reims Cedex, France Akron University, USA
The exposure to the international pedagogy is facilitated through student exchange, faculty exchange and joint research projects. Students from these universities visit our department to gain an understanding of the changing landscape of Finance in the emerging markets. Students of our department undertake a Summer internship for a period of 8 weeks, this exercise is a learning experience that sensitizes us to a Global work environment.

Reims Management School, Reims Cedex, France

18

Akron University, USA

Beyond The Curriculum

19

Student Initiatives
Learning at DFS goes way beyond the acquisition of knowledge, concepts and skills. The drive, initiative and proactive nature of the students finds an expression through varied extracurricular activities and events. These activities are organized under the aegis of the student body - AFCON (Association of Finance and Control).

Teams
Convention Team
The convention team organizes an Annual Convention every year which is an exclusive forum for the students to interact on contemporary issues in the world of finance as well as network widely with the top Indian entrepreneurs and management experts from the corporate world.

Team Word
DFS publishes a Newsletter with the latest happenings inside/outside the campus and also current developments that take place in the industry. The Newsletter is rich in content and provides its readers insight into the current issues of finance.

Alumni Team
This team facilitates the bond between DFS and its alumni network. It plays an extremely vital role in maintaining good relations with the industry professionals. They organize 3 main alumni meets at Delhi, Mumbai and Bengaluru and act as liaison arm for staying in touch with the alumni of DFS.

Placement Team
The aim of the placement team is to supervise and provide directions for the final placement and summer internship of the students. To ensure that every student gets the best of the opportunities, the team sets very high standards for itself and strives consistently to surpass them. In doing so it plays a key role in realizing the career aspirations of these students.

Corporate Relations & Communication Team

This team strengthens campus relations with the corporate world by way of guest lectures, seminars, travel & learn programmes, etc. The rich information imparted by the top brass of the corporate world helps students gain insight into the functioning of various sectors.

Cultural Team
The cultural team is actively involved in organizing a host of activities like Annual Cultural event Showcasing Indian Culture, Art of Living sessions, Annual B-School fest Arvneeti and other skill development programmes.

20

Student Initiatives

Clubs
The Bullring
This Finance Club of DFS tracks and generates research reports, evokes informal discussions and brainstorming sessions on various issues related to capital markets. The forum is called Fundamentalists and the blog run by this club is titled A Random Walk down an Analyst Journey.

Rhythm of Life
The Social Outreach and Stress Management Club of DFS lays emphasis on socially relevant activities and issues. The students of this club are highly focused on fostering development at the grass root level to make a the difference. The forum Take my Hand concentrates on social outreach programs and Food for Soul concentrates on stress management.

X-Con
The Consultancy Club of DFS is dedicated to bringing out the finer details through its consultancy forum named Roundtable. The students dissect current events taking place in the business world highlighting the results and the implications.

Portfolio Club
The Portfolio Club of DFS exposes students to real life issues through a variety of activities which include inviting industry professionals to the campus, conducting simulalion games and developing skills through on-campus workshops.

DFS TaIkies
The Cine Club of DFS is all about sharing views and personal experiences about movies through a forum named Spotting the Shadows on the WalI.

Odyssey
It involves activities which test the limits of our mental and physical toughness. Activities include rock climbing, rappelling, trekking, mountain biking and water sports against the backdrop of the Himalayas. It is a journey to inculcate the desire to lead and the embodiment of working as a team, thereby establishing bonds that last a lifetime.

The Inquisitives
The Quiz Club of DFS helps the students sharpen their knowledge base by leveraging quizzing as an interactive tool that offers fun as well as a sense of competition. The club has a forum called Q Zone focussed on analyzing current corporate events. 21

Events
Annual Convention: 18th September 2010
Changing Headwinds in the Global Financial Landscape Guest of Honour: Mr. U. Venkataraman, Executive Director, MCX Stock Exchange Keynote Speaker: Mr. Gunit Chadha, CEO, Deutsche Bank Prominent Speakers:
Mr. Mr. Mr. Mr. Mr. Mr. Mr. Mr. Mr. Sunil Garg, President- Treasury, Religare Enterprises Nipun Sahni, MD & Head, Global Commercial Real Estate, DSP Merrill Lynch Pallav Sinha, President & Chief Executive, Fullerton Sandeep Chaufla, Tax Partner, Ernst & Young Sanjay Sinha, CEO, L&T Mutual Fund Sumit Gupta, President, Commercial Banking, Yes Bank Ltd. DVSSV Prasad, MD, PNB Gilts Satrajit Bhattacharya, Deputy General Manager, HDFC Ltd. Pradeep Kumar, CEO, IIFCL

Arv-neeti - The Inter B-school Event: 11th March 2011

The annual event of DFS, Arv-neeti provides a platform for the coming together of young and dynamic minds and broadening their horizons. In conjunction with our support for the environment and the need to use natural resources prudently, we chose green as the theme for Arv-Neeti this year. The main events included Share Scare (The Equity Research Competition), Dollar Juice (The Business Quiz event), Travian (The Business Plan) and Trade Czar (The Stock Market Simulation). Mr. Vinod Pande, Sr. Vice President and Head (Delhi) of SBI Capital was the Chief Guest.

22

Events
HR Conclave: 9th April 2011
The theme for this years conclave titled The Role of HR in Mergers & Acquisitions: Opportunities, Strategies and Pitfalls proved to be a catalyst for an engrossing session that re-enforced our belief that the best way to stimulate the young and innovative minds of the students and benefit from them is through the experiences and practical knowledge of the practitioners in the industry.

Panelists:
Mr. Anil Kumar Chaudhry, Vice President, HR, NDPL Mr. Prashant Verma, General Manager, HR, ICICI bank Mr. Vinod Behari, Executive Director,HR, REC Ms Veena Padmanabhan, General Manager, HR, WIPRO

Moderator: Dr. Debi Saini, Professor, HR, MDI, Gurgaon

Bringing together the erudition of stalwarts and the curiosity and innovative vision of the students, the conclave provided an excellent platform that gave us the opportunity to gain knowledge and benefit from their experience.

23

Events
Soft Skills Workshop: 23rd February 2011
The month of February saw MFC students take a much needed break from the rigours of Finance to attend a training session on effective corporate communication conducted by our distinguished alumnus Mr. J.P. Singh. A member of the 1997 batch of MFCians, Mr J.P Singh started his career at Citibank and made his way up the corporate ladder in the banking industry before venturing out on his own and starting his own corporate communication training and consultancy firm. In his characteristic style, Mr. Singh set the session in motion with an introductory introspective session where the strengths and weaknesses of each participant were gauged. The main training session was disseminated via an interactive presentation that went over the various stages of effective communication. The session was interspersed with role playing and team building exercises. To touch base with the corporate world Mr. Singh peppered the workshop with anecdotes, quotes, articles and videos. The benefits of the workshop were apparent at the culmination of the session when the students took a self administered test. The individual attentions given to students and Mr. Singhs instant bond with the students were the highlights of the day.

National Seminar: 30th October 2010

The Department of Financial Studies (DFS), University of Delhi, South Campus, in association with the Indian Accounting Association, Delhi Chapter, and sponsored by Taxmann, organized a national seminar on the Thrust and challenges in the Indian Financial Sector on October 30, 2010 at South Campus.

Chief Guests:
Mr. Rakesh Rewari, Deputy Managing Director, SIDBI. Prof. Dinesh Singh, Vice Chancellor of Delhi University,

Panelists:
Mr. Shashank Ojha, Senior E-governance Specialist & Head, India Programme, World Bank, New Delhi; Dr. Ramesh Bhat, Executive Chairman, WOne Management System, former Professor IIM, Ahmedabad; Mr. Naresh Pandey, CFO, Nokia Siemens.

Moderator: Prof. Sanjay Sehgal, DFS.

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Journey of Legacy

25

A trail blazing heritage of unfaltering success. An alumni that stands as a testimony to the difference MFC has been adding to the financial sector since 1987. A culture of reaching out for the pinnacle that finds a place in the hearts and minds of every DFS alumnus.

Distinguished Alumni
Aashish Khetan
Sr. VP, Head- Family Offices Services, Kotak Mahindra Bank Ltd.

Ashish Devasar

Managing Director, Deutsche Bank (Suisse) SA

K.C.Praveen KuIjit Singh

Vice President, Goldman, Sachs & Co

Ajay Sharma

Country Head- Bahrain and Regional HeadMiddle East and North Africa, Wholesale Banking, ICICI Bank, Bahrain

Ashish Kapoor

India Head, Structured Finance Deutsche Bank AG

Partner & Head- Transaction Advisory Services, Infrastructure, Real Estate and Government, Ernst & Young Pvt. Ltd.

Ajay Tyagi

Arpit Agarwal

Fund Manager, UTI Asset Management Pvt. Ltd.

CEO, Bajaj Finserv Wealth Management

Manisha Grover

Awdhesh Nagar Deepak Rattan

Chief Commercial Officer, Bangalore International Airport Ltd.

Amit Sachdeva

Director, Standard Chartered Bank

Assistant Vice President, TNT Research, HSBC

Manish Aggarwal

Director- Private Clients, Barclays Bank PLC

Director- Energy Practice, CRISIL Infrastructure Advisory

Aniruddha Naha
Fund Manager, DSP Merrill Lynch

Gaurav Pradhan

Mridul Upreti

Director & Head of Principal Finance Global Credit Trading- India, Deutsche bank AG

Jt. Managing Director- Capital Markets, Jones Lang LaSalle

Ankur Srivastava

Chairman, GenReal Property Advisors Private Ltd.

Geeta Chugh

Manju Kapoor

Director, Corporate & Government Ratings, Standard & Poors

AVP- Project Syndication Group, IL&FS Financial Services

Anshul Jain
CEO, DTZ India

Himanshu Kohli
Founder Partner, Client Associates

Monica Agrawal

Director-Corporate Initiatives, Aviva Life Insurance Pvt Ltd.

26

Distinguished Alumni
Nilima Prasad
VP- Private Wealth Group, JM Financial Services Pvt. Ltd.

Rajeev Suneja

Senior VP, Investment Banking, Kotak Investment Banking

Saurabh K Srivastava

VP, Project Advisory & Structured Finance, SBI Capital Markets Pvt. Ltd.

Managing Director, DSP Merrill Lynch Capital Ltd.

Nipun Sahani

Rohit Sarin

Founder Partner, Client Associates

Shyamali Basu

Head, Mumbai Retail Sales, HDFC Asset Management Co. Ltd.

PT. Harinaraian Pooja Kansal

Rami Kaushal

VP, Bank Of America

Head Consulting- India, CB Richard Ellis

Sumit Kakkar

SVP & Head Credit Risk, Emerging Corporates Group, HDFC Bank

Vice President, SBI Capital Markets Pvt Ltd.

Samir Bimal

Country Head, Private Banking, ING Vysya Bank

Tarun Bakshi

Pramod Kumar

Associate Director, Money Matters Financial Services Ltd.

Managing Director, India Investment Banking, Citigroup Global Markets India Pvt Ltd

Sanjay Bhatia Sanjay Jain

Director, JM Financial Services Pvt. Ltd

Tarun Dutt

Punit Khanna

VP & CFO, Bank of America

MD/Country Head, South East Asian Equities, Deutsche Bank AG-Singapore

President & Group CFO Essel Group

Rahul Chadha

Sanjiv Saraff

V. Hari Krishna

Head India Equities, Mirae Asset Investment Management

VP-Investment Banking, ICICI Securities Ltd.

Chief Investment Officer, Kotak Realty Fund, Kotak Mahindra Investments Ltd.

Rajiv Maheshwari

Sarvesh Sinha

Yogesh Garg

Partner, IL&FS Investment Managers

Director, Risk Solutions Standard & Poors, Singapore

CEO, India InfraIine Energy

27

of

Finance &

C
on
tro

en

ci t of Finan

1987 - 2012

Prof. Muneesh Kumar

Change is the only constant. Over the 25 years of its existence, the Department of Financial Studies has evolved into an institution of repute that has nurtured a new breed of finance professionals who look beyond the numbers and employ creative strategies to overcome the challenges faced in the dynamic economic environment. Pride and Nostalgia are more than just words, as I reminisce about the 25 years that have passed. My fellow colleagues who form the bedrock of DFS, the wide eyed neophytes who make teaching such a pleasure, alumni who have branched out into various echelons of the corporate world, and our corporate associations who have shown faith in brand DFS. I congratulate everyone on this joyous occasion. Every milestone calls for contentment, celebration and also a gentle reminder that our journey to excellence is still on.

lS

tu d

25
years

Celebrating

M as

te

25 Years of Excellence

ies

Prof. Sanjay Sehgal

Student. Alumni. Professor. The monikers might have changed, but the bond I share with DFS remains the same. Over the years DFS has been able to leverage its excellence in outstanding technical knowledge coupled with a curriculum attuned to the changing needs of the financial world and has consistently produced Financial Managers of the highest quality. Having been a symbiotic part of the Department for the past two decades I can assert that the pillars of DFS ethos - Tenacity, Hard-Work, Professionalism and Integrity are as relevant today as they were 25 years ago. I heartily congratulate the Department-My fellow professors, academicians, official staff, alumni, students and industry partners for their constant support - on this joyous occasion and I wish them all the best for the future.
28

D epa

rt

Unlock the Future

29

Snapshot: Placement Session 2010-11

MFC maintained its legacy of 100% placements. Participants : 40 Offers made: 52 Average package: 9.08 LPA Highest package: Rs. 13 LPA

Wealth Management 4% Real Estate 6% Private Equity 2% Operations 6%

Analytics 4%

Banking 15%

Investment Banking 9%

Profile-Final Offers
Consulting 22%

Institutional Sales 6%

Global Accounting 7% Corporate Finance 5% Equity Research 9%

30

Credit Rating 5%

Past Recruiters
Aegon Religare American Express Assetz Axis Bank Bank of Baroda Bank of India BNP Paribas Care Ratings CB Richard Ellis Citi Bank CitiFinacial Client Associates Darashaw DBS Cholamandalam Destimoney DE Shaw Deutsche Bank Operations India DTZ Ernst &Young Future Capital HP Analytics HSBC Bank HSBC GBM ICICI Bank ICRA IFCI IIFCL IL&FS Indian Oil Corporation Infosys Infraline Irevna ISGEC Jones Lang LaSalle
31

Kotak Bank MCX Morgan Stanley Advantage Services Nestle India Nomura Holdings PEC PFC Power Trading Corporation PricewaterhouseCoopers Pulsar Knowledge Center REC SBI Capital Markets SEBI Tulip Telecom UBS Unitech Vistasoft

Recruiters Speak
lt has always been a refreshing and pleasant experience visiting DFS for campus recruitment. Students display a combination of enthusiasm and intellect. We greatly value our relationship with DFS. -Ms. Pooja S Mahajan Sr. Associate Vice President, IFCI Ltd. lt was a wonderful experience to interact with the bright: energetic and enthusiastic students of MFC. Their excellent domain knowledge and pragmatic outlook is quite remarkable. -Dr. Ashok Haldia, Director, PTC India Financial Services Ltd. We found the students keen to learn and having an analytical bent of mind -Mr. Vivek Mathur, Senior Vice President, ICRA Ltd. The advantage that DFS enjoys is its specialized curriculum, focused on the domain of finance. Since finance is a domain of depth, it requires an in-depth exposure at the graduate level and DFS under the aegis of the prestigious University of Delhi is easily one of the best platforms in the country for the same -Rohit Sarin, Founder Partner, Client Associates

Placement Chronology 2011-12

Students Presentations to Companies PPTs by Companies Summer Placement Process Campus Recruitment Commences

July

August

September

October

November

32

Drivers of Change
33

Profile of 2nd Year Students

Arts 5% Science 9% Business Management 17%

Commerce 19% Risk Advisory Services 9% Wealth Management 7% Banking 14%

Educational Background
Engineering 50%

Research & Analytics 19%

Real Estate 5% Investment Banking 7% Finance & Control 5% Equity Research 5%

Summer Internship 2010-12

Corporate Finance 26%

37-48 months 7%

Credit Rating 3%

25-36 months 21%

Work Experience

Freshers 45%

13-24 months 22%

Less than 12 months 5%

34

Batch Profile
Aman Arora Abhimanyu Singh
B.Tech (Electronics & Communication) Maharaja Agrasen Institute of Technology, GGSIPU, Delhi Internship: Future Capital Holdings Ltd. Profile: Wealth Management B.E. (Computer Science) Delhi College of Engineering, University of Delhi Work Experience: Computer Sciences Corporation India Pvt. Ltd. (23 Months) Internship: Rural Electrification Corporation Ltd. Profile: Corporate Finance

Abhinav Choudhry
B.E. (Computer Science) Oriental Institute of Science and Technology, Rajiv Gandhi Proudyogiki Vishwavidyalaya (M.P.), Bhopal Internship: Nestle India Ltd. Profile: Corporate Finance

Animesh Kumar
B.Sc (Hons) Mathematics Kirori Mal College, University of Delhi Post Graduate Diploma in Banking Work Experience: ICICI Bank (20 Months) Internship: Yes Bank Profile: Corporate Finance

Abhinav Gupta
B.Tech Chandigarh College of Engg. and Technology, Chandigarh CFA Level I Cleared Work Experience: Infosys Technologies Limited (25 Months) Internship: Punjab National Bank Profile: Credit Appraisal (SME)

Anish Singhai
B.Tech (Information Technology) College of Engineering & Technology, Bhubaneswar Work Experience: SAS Programmer, TCS (37 Months) Internship: Future Capital Holdings Ltd. Profile: Investment Research & Advisory

35

Ankit Gupta

Bachelor of Financial and Investment Analysis Shaheed Sukhdev College of Business Studies, University of Delhi CFA Level I Cleared Work Experience: UBS India (26 months), Evalueserve (6 months) Internship: DE Shaw India Profile: Research Analyst

Arul Kumar
B.Tech (Biotechnology) College of Biotechnology, Sardar Vallabh Bhai Patel University of Agriculture and Technology, Meerut Internship: Eprobe Research Profile: Research Analyst

Ankur Mehra
BBA (International Business) Institute of Management Sciences, Lucknow University Work Experience: The Chopras (5 months) Market Man Events (9 months) Internship: Bank of India Profile: Large Corporate Finance

Ashu Chanana
B.Tech (Biotechnology) Jaypee Institute of Information Technology, Noida Internship: Nestle India Ltd. Profile: Corporate Finance

Anshu Goel
B.Tech (Electronics and Communication) JMIT, Kurukshetra University Work Experience: Larsen & Toubro Ltd. (30 months) Indiabulls Securities Ltd. (5 months) Internship: SIDBI Profile: Credit Finance

Chaitanya Pawan
B.Tech (Mechanical) National Institute Of Technlogy, Calicut Work Experience: Mahindra Satyam-Integrated Engineering Services (16 months) Internship: Anand Rathi Profile: Equities Research

36

Batch Profile
Chirag Agrawal
B.Tech (Mechanical) Indian School of Mines, Dhanbad Work Experience: Robert Bosch Engineering and Business Solutions (42 months), TIME Pvt. Ltd. (6 months) Internship: Bank of India Profile: Credit Finance

Devraj Rada
B.Com Mithibai College, University Of Mumbai Post Graduate Diploma in Banking Work Experience: ICICI Bank (12 months) Internship: Marwadi Shares & Finance Ltd. Profile: Equity Research

Himani Chandra Devesh Jerath

B.A. (Hons) Mathematics Sri Venkateswara College, University of Delhi Internship: Nestle India Ltd. Profile: Finance & Control B.Com (Hons) Shri Ram College of Commerce, University of Delhi Work Experience: PricewaterhouseCoopers (12 Months) Internship: Client Associates Profile: Wealth Management

Devesh Shankar
B.Tech (Computer science) Guru Premsukh Memorial College of Engineering, Guru Gobind Singh Indraprastha University (GGSIPU), Delhi Internship: Bank of India Profile: Mid-Corporate Finance

Hrishikesh Taparia
B.Com (Hons) Shri Ram College of Commerce, University of Delhi Work Experience: Jayanti Traders (12 months) Internship: Bank of India Profile: Credit Finance

37

Karan Bhambri

Bachelor of Business Studies Shaheed Sukhdev College of Business Studies, University of Delhi, CFA Level II Cleared Work Experience: Ernst & Young Global Business Services (8 months), Infraline Energy Research (21 months) Internship: Finnacle Capital Advisors Pvt. Ltd. Profile: Investment Banking

Kumar Prashank Chaudhary

B.E. (Electrical) Delhi College of Engineering, University of Delhi Work Experience: Bharat Heavy Electricals Ltd. (23 months) Internship: ICRA Limited Profile: Credit Rating

Kiza Mahajan

B.Tech (Electronics and Communication) Dr. B.R. Ambedkar National Institute of Technology, Jalandhar LOMA 280 & LOMA 290 Insurance Certifications Work Experience: Computer Sciences Corporation India Pvt. Ltd. (23 months) Internship: India Infrastructure Finance Co. Ltd. Profile: Corporate Finance

Mayank Gupta
B.Com (Hons.) PGDAV College,University of Delhi Internship: PNB Gilts Profile: Risk Management

Kumar Vishal
B.E. (Electrical and Electronics) Siddaganga Institute of Technology, Tumkur Visveshwaraiah Technological University CFA Level I Cleared Work Experience: Infosys Technologies Limited (35 months) Internship: Bank of India Profile: Credit Appraisal

Mulakala Venkata Sai Kumar

B.Tech (Biotechnology) Vellore Institute Of Technology Work Experience: IMS Learning Resources (15 months) Internship: Jones Lang Lasalle Profile: Capital Markets

38

Batch Profile
Nipun Srivastava Neha Kamra
B.Com (P) S.G.T.B Khalsa College, University of Delhi Internship: Nomura Services India Pvt. Ltd. Profile: Investment Banking B.Tech (Electronics & Communication) Hindustan College of Science and Technology (U.P.T.U) Work Experience: Tata Consultancy Services (15 months) Internship: Nestle India Ltd. Profile: Corporate Finance

Neha Verma
B.E. (Computer Science) Delhi College of Engineering, University of Delhi Work Experience: Info Edge (India) Ltd. (30 months) Internship: PMI, NTPC

Pooja Mehandru
B.A. (Hons) Economics Jesus and Mary College, University of Delhi Internship: PNB Gilts Profile: Derivatives

Nikhil Sharma
B.Com (Hons.) St. Xaviers, Kolkata Calcutta University CFA Level I Cleared Internship: Nestle India Ltd. Profile: Corporate Finance

Priyanka Garg
Bachelor of Financial and Investment Analysis Shaheed Sukhdev College of Business Studies, University of Delhi Internship: Tulip Telecom Limited Profile: Corporate Finance

39

Puneet Aggarwal
B.Tech (Mechanical) Faculty of Engineering and Technology Jamia Millia Islamia, Delhi Work Experience: Accenture Services Pvt. Ltd. (33 months) Internship: NTPC Profile: Corporate Finance

Rishabh Tambi
B.Tech (Communication and Computer Science) Lakshmi Niwas Mittal Institute Of Information Technology, Jaipur Internship: DTZ Profile: Investment Advisory

Richa Jain
Bachelor of Business Studies Shaheed Sukhdev College of Business Studies, University of Delhi Internship: Eprobe Research Pvt Ltd Profile: Research and Analytics

Sanket Thakker
B.Com H.L. College of Commerce, Gujarat University CFA, ICFAI Work Experience: CRISIL Ltd. (18 months) Internship: Future Capital Holdings Profile: Investment Research

Richa Kabra
Bachelor of Management Studies Jai Hind College, University of Mumbai Diploma in Financial Management Work Experience: Nomura (26 months) Internship: D.E. Shaw Profile: Financial Operations & Accounting

Shantnu Singh
B.E. (Environmental) Delhi College of Engineering, University of Delhi Internship: D.E. Shaw Profile: Financial Research

40

Batch Profile

Siddhant Bhushan
Bachelor of Business Studies Shaheed Sukhdev College of Business Studies, University of Delhi Internship: Nomura Profile: Investment Banking

Supriya Gaur
B.Com (Hons.) Ramjas College, University of Delhi Internship: Client Associates Profile: Wealth Management

Siddharth Vikram
B.Sc. (Physical Sciences) Kirorimal College, University of Delhi Internship: HUDCO Profile: Project Appraisal

B.A. (Hons) Economics LSR College for Women, University of Delhi Professional Programme in Management & Wholesale Banking, SPJIMR CFA Level I Cleared Work Experience: Standard Chartered Bank (18 months) Internship: Ernst & Young Pvt. Ltd. Profile: Risk Advisory Services

Tania Sethi

Stuti Mahesh
B.Sc (Hons.) Mathematics Miranda House, University of Delhi Work Experience: Axis Bank Limited (11 months) Internship: Ernst & Young Pvt. Ltd. Profile: Risk Advisory Services

Yash Sultania
B Tech. (Computer Science) Nothern India Engineering College, GGSIPU, Delhi CFA Level I Cleared Internship: Future Capital Holdings Profile: Investment Research

41

42

Contact Us:
Department of Financial Studies University of Delhi, South Campus, Benito Juarez Road, New Delhi-110021 Tel: +91 11 2411 8854/6570 Fax: +91 11 2411 6570 E-mail : placements@mfc.edu Web: www.mfc.edu

Prof. I. M. Pandey Head of the Department impandey@mfc.edu

Prof. Sanjay Seghal Placement Advisor +91 11 2411 8854 placements@mfc.edu

Anshu Goel President +91 9999769530 anshu.goel@mfc.edu

Kumar Prashank Chaudhary Secretary, Placement Team +91 9999769529 prashank.chaudhary@mfc.edu