Placement BrochureClass of 2012

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25 M

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yearsDepartment of Financial Studies, University of Delhi

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.

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New Challenges New Ideas

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.

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Not Just About Numbers

Groundedin Values…

Open to Challenges

Table of Contents

01About DFSFrom HOD’s Desk

19Student InitiativesEvents

03DFS PedagogyFocus AreasCurriculumCore FacultyVisiting FacultyGuest Lectures

25Distinguished Alumni

15Industry InterfaceCorporate AssociationsInternational Associations

29PlacementsSnapshot 2010-2011Past RecruitersRecruiters’ SpeakStudents Profiles

About DFSThe 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 full-time 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.

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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

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

From HOD’s 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.

Prof. I. M. PandeyHead

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New ways of Thinking

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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:

1:4Faculty Student Ratio

23Courses in Finance

9Elective Courses in Finance

1800+Hours of Classroom Interaction

100%Ph.D Faculty

“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 today’s 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.

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The Differentiator

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Investment BankingInvestment AnalysisPortfolio ManagementEquity ResearchFinancial ServicesIndian 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)

Financial Consulting & AdvisoryFinancial AnalysisStrategic Financial ManagementProject Planning, Appraisal & ControlTax Planning & ManagementManagement 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 ManagementInvestment AnalysisPortfolio ManagementMutual Funds ManagementTreasury ManagementManagement 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 TyagiCFA (Fund Manager, UTI Asset Management Company Ltd.)

BankingManagement Of Bank FundsTreasury ManagementInsurance ManagementFinancial ServicesProject 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)

Wealth ManagementInvestment AnalysisTax Planning & Management Portfolio ManagementEquity ResearchInsurance ManagementMutual 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 ServicesInsurance ManagementServices MarketingFinancial 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.)

Focus Areas

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Financial Market ResearchEquity ResearchPortfolio ManagementDerivatives & Risk ManagementFinancial AnalysisQuantitative TechniquesInvestment AnalysisMacro-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.)

International FinanceMultinational Financial ManagementInternational AccountingDerivatives & 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 AssetsReal Estate Investment ManagementInvestment AnalysisProject 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)

Corporate FinanceFinancial ManagementTreasury ManagementProject 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 StrategyStrategic Financial ManagementMacro-economic Theory & PolicyQuantitative TechniquesManagement Information SystemFinancial Accounting & AnalysisManagerial EconomicsManagement AccountingServices 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.)

Focus Areas

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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:

Semester IManagerial EconomicsBusiness & Corporate LawsFinancial AccountingBusiness Statistics and MathematicsInformation Technology for ManagersIndian Financial SystemFinancial Management

Semester IIMacro Economic Analysis and PolicyManagement AccountingFinancial Reporting and AnalysisQuantitative TechniquesMIS and e-FinanceInvestment AnalysisEconometrics

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 IIIFinancial ServicesInternational FinanceInternational AccountingPortfolio ManagementStrategic Financial ManagementFinanciaI Derivatives & Risk ManagementManagement of Bank Funds

Semester IVFinancial Econometrics and Equity ResearchProject StudyOptional(Any Two from the following)Insurance ManagementMutual Funds and Pension Funds ManagementReal Estate investment ManagementCommodities MarketFixed Income Securities and Treasury ManagementInfrastructure FinanceTax Planning and ManagementProject Planning, Appraisal & ControlServices MarketingInterdisciplinary Course- An Elective Outside the Department

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.

Curriculum

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Inspiring the Change

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Prof. Muneesh Kumar

Ph.D. (International Business)Financial Information Management, Management of Bank Funds

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•

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.•

Core Faculty

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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.

Prof. Sanjay Sehgal

M.Phil. (Finance), Ph.D.(Finance)Investment Analysis, Portfolio Management, Financial Econometrics, Corporate Finance.

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.•

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.D’s awarded under his supervision and eight Ph.D’s are currently under supervision.•

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.•

Core Faculty

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Dr. Amitabh Gupta

M.Com., M.Phil., MFC, Ph.D(Finance)Financial Economics, Corporate Finance, Capital Markets

Dr. Nidhi Jain

M.Phil. (Marketing), Ph.DServices 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.•

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.•

Core Faculty

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Mr. Sameer Shaw, CACFO & CS,HDFC ERGO

Mr. Prakash Bisht, CASenior VP,Jubilant Life Sciences

Ms. Archana Bhutani, CADirector, KPMG

Dr. Sanjeev Singhal, CAGlobal President, MAS,Spice Group

Mr. Gaurav SharmaAssociate Vice President,Capital Markets, Jones Lang Lasalle

Mr. Gopala KrishnanFormer Chief Manager,Indian Overseas Bank

Mr. Kumar BijoyLecturer,College of Business Studies,University of Delhi

Mr. Mridul UpretiJt. Managing Director, Capital MarketsJones Lang Lasalle

Mr. Naveen MittalAssistant Professor,Shri Ram College of Commerce

Dr. R.A. SharmaFormer Faculty,Department of Financial Studies,University of Delhi

Ms. Radhika KapoorFormer Assistant Manager,ICICI Bank

Mr. Ramesh BhattExecutive Chairman,Wone Management SystemFormer faculty, IIM Ahmedabad

Dr. Ramji NarayananReader,P.G.D.A.V College (Eve),University of Delhi

Mr. S.K. SinhaBusiness Consultant,Via Edge

Mr. Shashank NarayanAssociate Vice President,Capital Markets,Jones Lang Lasalle

Mr. Subhash MalhotraAssociate Professor,Department of Commerce,Shri Ram College of Commerce

Visiting Faculty

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“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. Raghupathi KaranamuAssociate Director,UBS Mr. Sunil ThakurSenior Vice President,Investment Banking,Religare Capital Markets

Mr. Anshul JainCEO,DTZ India

Mr. Akhilesh AwasthyVice President-Marketing,Indian Energy Exchange

Mr. Athar ShahabDeputy MD,IDFC Projects Ltd.

Mr. Sameer BimalCountry Head,Private Banking,ING Vysya Bank Ltd.

Mr. Rahul ChadhaHead,Mirae Asset Investments, Hongkong

Ms. Swati AgarwalRegional Head-North,CARE

Mr. Ajay TyagiFund Manager,UTI Asset Management Company

Mr. Ashwani MehraEVP & Head,SBI Capital Market Ltd.

Mr. Awdhesh NagarDirector,Standard Chartered Bank

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

Mr. Deepak MahurkarAssociate Director,Oil & Gas Industry Practice, PWC

Mr. Nipun SahaniManaging Director,DSP Merrill Lynch Capital Ltd.

Mr. Rajat ChatterjeeDirector,Corporate Banking, Barlcays Bank

Guest Lectures

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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.

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.

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.

Industry Interface

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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.

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The Global PerspectiveTrue 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.

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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, FranceReims Management School, Reims Cedex, FranceAkron 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.

International Associations

ESC Pau, France

Reims Management School, Reims Cedex, France

Akron University, USA18

Beyond The Curriculum

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Student InitiativesLearning 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).

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.

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.

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.

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.

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.

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.

Teams

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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’.

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.

DFS TaIkies

The Cine Club of DFS is all about sharing views and personalexperiences about movies through a forum named ‘Spotting theShadows on the WalI’.

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.

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.

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.

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.

Student Initiatives

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Annual Convention: 18th September 2010

“Changing Headwinds in the Global Financial Landscape”

Guest of Honour: Mr. U. Venkataraman, Executive Director, MCX Stock ExchangeKeynote Speaker: Mr. Gunit Chadha, CEO, Deutsche Bank

Prominent Speakers:

Mr. Sunil Garg, President- Treasury, Religare EnterprisesMr. Nipun Sahni, MD & Head, Global Commercial Real Estate, DSP Merrill LynchMr. Pallav Sinha, President & Chief Executive, FullertonMr. Sandeep Chaufla, Tax Partner, Ernst & YoungMr. Sanjay Sinha, CEO, L&T Mutual FundMr. Sumit Gupta, President, Commercial Banking, Yes Bank Ltd.Mr. DVSSV Prasad, MD, PNB GiltsMr. Satrajit Bhattacharya, Deputy General Manager, HDFC Ltd.Mr. 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.

Events

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HR Conclave: 9th April 2011

The theme for this year’s 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, NDPLMr. Prashant Verma, General Manager, HR, ICICI bankMr. Vinod Behari, Executive Director,HR, RECMs 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.

Events

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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. Singh’s instant bond with the students were the highlights of the day.

Events

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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.

National Seminar: 30th October 2010

Journey of LegacyA 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.

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Aashish KhetanSr. VP, Head- Family Offices Services, Kotak Mahindra Bank Ltd.

Ajay SharmaCountry Head- Bahrain and Regional Head-Middle East and North Africa, WholesaleBanking, ICICI Bank, Bahrain

Ajay TyagiFund Manager,UTI Asset Management Pvt. Ltd.

Amit SachdevaAssistant Vice President,TNT Research, HSBC

Aniruddha NahaFund Manager,DSP Merrill Lynch

Ankur Srivastava Chairman,GenReal Property Advisors Private Ltd.

Anshul JainCEO, DTZ India

K.C.PraveenVice President, Goldman, Sachs & Co

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

Manisha Grover Chief Commercial Officer,Bangalore International Airport Ltd.

Manish AggarwalDirector- Energy Practice,CRISIL Infrastructure Advisory

Mridul UpretiJt. Managing Director- Capital Markets,Jones Lang LaSalle

Manju KapoorAVP- Project Syndication Group,IL&FS Financial Services

Monica AgrawalDirector-Corporate Initiatives, Aviva Life Insurance Pvt Ltd.

Ashish DevasarManaging Director,Deutsche Bank (Suisse) SA

Ashish KapoorIndia Head, Structured FinanceDeutsche Bank AG

Arpit AgarwalCEO, Bajaj Finserv Wealth Management

Awdhesh NagarDirector, Standard Chartered Bank

Deepak RattanDirector- Private Clients, Barclays Bank PLC

Gaurav PradhanDirector & Head of Principal Finance GlobalCredit Trading- India, Deutsche bank AG

Geeta ChughDirector, Corporate & Government Ratings,Standard & Poor’s

Himanshu KohliFounder Partner,Client Associates

Distinguished Alumni

26

Saurabh K SrivastavaVP, Project Advisory & Structured Finance,SBI Capital Markets Pvt. Ltd.

Shyamali BasuHead, Mumbai Retail Sales,HDFC Asset Management Co. Ltd.

Sumit KakkarSVP & Head Credit Risk,Emerging Corporates Group, HDFC Bank

Tarun BakshiAssociate Director,Money Matters Financial Services Ltd.

Tarun DuttVP & CFO,Bank of America

V. Hari KrishnaChief Investment Officer,Kotak Realty Fund, Kotak Mahindra Investments Ltd.

Yogesh GargCEO,India InfraIine Energy

Rajeev SunejaSenior VP, Investment Banking,Kotak Investment Banking

Rohit SarinFounder Partner, Client Associates

Rami KaushalHead Consulting- India,CB Richard Ellis

Samir BimalCountry Head, Private Banking,ING Vysya Bank

Sanjay BhatiaDirector, JM Financial Services Pvt. Ltd

Sanjay JainPresident & Group CFO Essel Group

Sanjiv SaraffVP-Investment Banking,ICICI Securities Ltd.

Sarvesh SinhaDirector, Risk SolutionsStandard & Poors, Singapore

Nilima PrasadVP- Private Wealth Group,JM Financial Services Pvt. Ltd.

Nipun Sahani Managing Director,DSP Merrill Lynch Capital Ltd.

PT. HarinaraianVP, Bank Of America

Pooja KansalVice President, SBI Capital Markets Pvt Ltd.

Pramod KumarManaging Director, India Investment Banking,Citigroup Global Markets India Pvt Ltd

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

Rahul ChadhaHead India Equities,Mirae Asset Investment Management

Rajiv MaheshwariPartner, IL&FS Investment Managers

Distinguished Alumni

27

28

Prof. Muneesh Kumar

Prof. Sanjay Sehgal

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 eche-lons 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.

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.

“

“

“

“ 1987 - 2012

25 M

aste

r of Finance & Control

Dep

artm

ent of Financial S

tud

ies

yearsCelebrating 25 Years of Excellence

Unlock the Future

29

Banking 15%

Consulting 22%

Corporate Finance 5%

Credit Rating 5%Equity Research 9%

Global Accounting 7%

Institutional Sales 6%

Investment Banking 9%

Operations 6%

Private Equity 2%

Real Estate 6%

Wealth Management 4% Analytics 4%

Profile-Final Offers

Snapshot: Placement Session 2010-11

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

30

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

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

Past Recruiters

31

“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

“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.

“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.

“We found the students keen to learn and having an analytical bent of mind”

-Mr. Vivek Mathur, Senior Vice President, ICRA Ltd.

Students’ Presentations to Companies

PPTs by Companies

Summer Placement Process

Campus Recruitment Commences

July August September October NovemberPlacement Chronology 2011-12

Recruiters’ Speak

32

Drivers of Change

33

BusinessManagement

17%

Freshers45%

Less than 12 months

5%

13-24months

22%

25-36months

21%

37-48months

7%

Engineering 50%

Commerce19%

Science 9%

Arts 5%

Banking14%

CorporateFinance

26%

Credit Rating 3%Equity Research 5%

Finance & Control 5%

Real Estate 5%

WealthManagement

7%

Educational Background

Summer Internship 2010-12

Work Experience

Research & Analytics 19%

Risk AdvisoryServices 9%

Investment Banking 7%

Profile of 2nd Year Students

34

Abhimanyu Singh

B.Tech (Electronics & Communication)Maharaja Agrasen Institute of Technology,GGSIPU, Delhi

Internship: Future Capital Holdings Ltd.Profile: Wealth Management

Aman Arora

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) MathematicsKirori Mal College, University of DelhiPost Graduate Diploma in Banking

Work Experience:ICICI Bank (20 Months)Internship: Yes BankProfile: Corporate Finance

Abhinav Gupta

B.TechChandigarh College of Engg. and Technology, ChandigarhCFA Level I ClearedWork Experience:Infosys Technologies Limited (25 Months)Internship: Punjab National BankProfile: 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

Batch Profile

35

Ankit GuptaBachelor of Financial and Investment Analysis Shaheed Sukhdev College of Business Studies, University of DelhiCFA Level I ClearedWork Experience:UBS India (26 months),Evalueserve (6 months)Internship: DE Shaw IndiaProfile: Research Analyst

Arul Kumar

B.Tech (Biotechnology)College of Biotechnology, Sardar Vallabh Bhai Patel University of Agriculture and Technology, Meerut

Internship: Eprobe ResearchProfile: Research Analyst

Ankur Mehra

BBA (International Business)Institute of Management Sciences,Lucknow UniversityWork Experience:The Chopras (5 months)Market Man Events (9 months) Internship: Bank of IndiaProfile: 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: SIDBIProfile: Credit Finance

Chaitanya Pawan

B.Tech (Mechanical)National Institute Of Technlogy, CalicutWork Experience:Mahindra Satyam-Integrated Engineering Services (16 months)Internship: Anand RathiProfile: Equities Research

36

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 IndiaProfile: Credit Finance

Devraj Rada

B.ComMithibai College, University Of MumbaiPost Graduate Diploma in Banking

Work Experience:ICICI Bank (12 months)Internship: Marwadi Shares & Finance Ltd.Profile: Equity Research

Devesh Jerath

B.A. (Hons) MathematicsSri Venkateswara College, University of Delhi

Internship: Nestle India Ltd.Profile: Finance & Control

Himani Chandra

B.Com (Hons)Shri Ram College of Commerce,University of Delhi

Work Experience:PricewaterhouseCoopers (12 Months)Internship: Client AssociatesProfile: Wealth Management

Devesh Shankar

B.Tech (Computer science)Guru Premsukh Memorial College of Engineering,Guru Gobind Singh Indraprastha University (GGSIPU), Delhi

Internship: Bank of IndiaProfile: 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 IndiaProfile: Credit Finance

Batch Profile

37

Karan BhambriBachelor of Business StudiesShaheed Sukhdev College of Business Studies, University of Delhi,CFA Level II ClearedWork 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 LimitedProfile: Credit Rating

Kiza MahajanB.Tech (Electronics and Communication)Dr. B.R. Ambedkar National Institute of Technology, JalandharLOMA 280 & LOMA 290 Insurance CertificationsWork 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 GiltsProfile: Risk Management

Kumar Vishal

B.E. (Electrical and Electronics)Siddaganga Institute of Technology, Tumkur Visveshwaraiah Technological UniversityCFA Level I ClearedWork Experience:Infosys Technologies Limited (35 months)Internship: Bank of IndiaProfile: Credit Appraisal

Mulakala Venkata Sai Kumar

B.Tech (Biotechnology)Vellore Institute Of Technology

Work Experience: IMS Learning Resources (15 months)Internship: Jones Lang LasalleProfile: Capital Markets

38

Neha Kamra

B.Com (P)S.G.T.B Khalsa College, University of Delhi

Internship: Nomura Services India Pvt. Ltd.Profile: Investment Banking

Nipun Srivastava

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) EconomicsJesus and Mary College,University of Delhi

Internship: PNB GiltsProfile: Derivatives

Nikhil Sharma

B.Com (Hons.)St. Xaviers, KolkataCalcutta UniversityCFA Level I ClearedInternship: Nestle India Ltd.Profile: Corporate Finance

Priyanka Garg

Bachelor of Financial and Investment AnalysisShaheed Sukhdev College of Business Studies, University of Delhi

Internship: Tulip Telecom LimitedProfile: Corporate Finance

Batch Profile

39

Puneet Aggarwal

B.Tech (Mechanical)Faculty of Engineering and TechnologyJamia Millia Islamia, Delhi

Work Experience: Accenture Services Pvt. Ltd. (33 months)Internship: NTPCProfile: 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 StudiesShaheed Sukhdev College of Business Studies, University of Delhi

Internship: Eprobe Research Pvt LtdProfile: Research and Analytics

Sanket Thakker

B.ComH.L. College of Commerce, Gujarat UniversityCFA, ICFAIWork Experience:CRISIL Ltd. (18 months)Internship: Future Capital HoldingsProfile: Investment Research

Richa Kabra

Bachelor of Management StudiesJai Hind College, University of MumbaiDiploma in Financial ManagementWork Experience:Nomura (26 months)Internship: D.E. ShawProfile: Financial Operations & Accounting

Shantnu Singh

B.E. (Environmental)Delhi College of Engineering,University of Delhi

Internship: D.E. ShawProfile: Financial Research

40

Siddhant Bhushan

Bachelor of Business StudiesShaheed 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 AssociatesProfile: Wealth Management

Siddharth Vikram

B.Sc. (Physical Sciences)Kirorimal College,University of Delhi

Internship: HUDCOProfile: Project Appraisal

Tania SethiB.A. (Hons) EconomicsLSR College for Women, University of DelhiProfessional Programme in Management & Wholesale Banking, SPJIMRCFA Level I ClearedWork Experience: Standard Chartered Bank (18 months)Internship: Ernst & Young Pvt. Ltd.Profile: Risk Advisory Services

Stuti Mahesh

B.Sc (Hons.) MathematicsMiranda 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, DelhiCFA Level I ClearedInternship: Future Capital HoldingsProfile: Investment Research

Batch Profile

41

42

Prof. I. M. PandeyHead of the Departmentimpandey@mfc.edu

Anshu GoelPresident+91 9999769530anshu.goel@mfc.edu

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

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

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

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