IFIM Business School inaugurated the Prabhudas Lilladher Finance lab at its campus. The lab was inaugurated by Mr. Dhiren Sheth, Vice Chairman and Joint Managing Director, Prabhudas Liladher Group which is a broking house and has sponsored the finance lab.
Speaking at the occasion, Mr. Sheth, said, “It has been a constant endeavor of our PL Group to spread financial literacy amongst the student community. Our current initiative, the Prabhudas Lilladher Finance Lab at the IFIM campus will help students to apply their theoretical knowledge in live trading and gain significant experience. It is our privilege to work with IFIM in furthering this cause and we believe this association will create a vibrant and collaborative learning facility for IFIM. In this light, we are taking significant and concrete steps. Very recently our Group undertook a unique program called the PL Student Equity Program (PL SEP). It was a two month rigorous workshop designed to expose students to the functioning of capital Markets.”
The lab aims to provide the students with their first experience in live trading in a controlled academic environment of IFIM Business School. The courseware designed around the lab enables the student to learn the nuances of account opening, know customer, dematerialization equity trading , settlement, futures and option trading, institutional trading and more.
This lab contains 15 workstations for students, each of which is equipped with softwares for live and simulated trading, technical analysis, fundamental analysis, predictive charting software package, portfolio management and information services subscriptions for providing students access to live information on the markets. There is a 40-inch LCD display in the lab that would feature current financial market information, headlines, lab hours and other announcements.
IFIM Business School, Bangalore was founded in 1995 and its first batch of students graduated in 1997. It offers PGDM, PGDM Finance, PGDM IB, PGDM for working professionals and E PGDM for Entrepreneurs. IFIM has been ranked overall as No: 45 in India in MBAUniverse.com B School ranking 2013-14.
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