Management Dynamics

Saima Rizvi ¹, Shivani Teckchandany ¹, Girish Ahuja ²

Affiliations
1 IILM Institute for Business and Management, DLF Golf Course Road, Gurgaon, Haryana, IN
2 IILM Institute for Higher Education, Lodhi Road, New Delhi, IN

Abstract

The global economic crises which has gripped the developed economies and also has its ripple effects on emerging economies like India. Organizations are trying hard to cut down on their recruitment and training cost in order to improve their bottom lines. They want to recruit candidates who are job ready in terms of knowledge and competencies apt for the job. Financial sector in India comprises of financial institutions, banks, insurance companies and various non banking finance companies which offer immense opportunities to management graduates looking for specialized jobs in finance area. Some of the skill sets required for such jobs are: analytical ability, quantitative skills, strong knowledge of basics of accounting and finance, basics of statistics and MS Excel Application and so on. The objective of the study has been to identify and analyse the specific skill sets required by the Financial Sector Players for management graduates. This research is based on primary as well as secondary data. Primary data has been collected from the managers of 45 Finance Companies and banks located in the NCR region. Questionnaire comprising of both closed ended as well as open ended questions has been circulated among the managers. The research study is descriptive in nature.

Keywords

Banking and Financial Services Sector, Simulations, Case Based Teaching, Competencies and Skill sets.

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Saima Rizvi ¹

Affiliations
1 Jaipuria Institute of Management, Lucknow, IN

Abstract

The paper analyzes fine art as an alternative investment option in the portfolio of investors. It also sheds light on the precautions that should be taken by prospective buyers before putting in money in an artwork. Guidelines provided include researching the artist and period of choice, working with a trusted art dealer for all transactions, and evaluating the level of financial risk involved. The paper concludes that art is a good investment in long term providing capital gains rather than dividends. The top quality art tends to be more stable than most financial investments in difficult times. According to market analyst the long term view of the prices is definitely bullish. Art is a scarce product and not reproducible at will. Rising incomes over long term ensure a steady rise in demand for works of art against falling supply. But the main attraction of the art market and the prime reason for its resurgence as investment is its low correlation with other asset classes.

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Sumi Khare ¹, Saima Rizvi ¹

Affiliations
1 Jaipuria Institute of Management, Lucknow, IN

Abstract

A company's proportion of short and long-term debt is considered when analyzing capital structure. Capital structure is firm's debt-to-equity ratio, which provides insight into how risky a company is. Capital structure decisions are related to finding out an optimum capital structure for the shareholders of the firms. This study explores on the capital structure for banks listed on the BANKEX index in India. The present study has two objectives: Firstly, to identify important determinants of capital structure and secondly to test for the applicability of trade-off and pecking order theories based on sample data drawn from the Indian Banking Industry for the ten year period 2000-01 to 2009-10. Multiple Regression Analysis has been carried out taking total debt to equity ratio as the dependent variable. Profitability, liquidity, asset structure and business risk were found as important determinants for capital structure. On the basis of the signs of the regression coefficients pecking order theory has been found to be applicable, rather than trade-off theory, a position upheld by other empirical research works in the area.

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Saima Rizvi ¹

Affiliations
1 Jaipuria Institute of Management, Gomti Nagar, Lucknow, IN

Abstract

Insurance is defined as a cooperative device to spread the loss caused by a particular risk over a number of persons who are exposed to it and who agree to ensure themselves against that risk. The scenario as a whole is changing and life insurance is increasingly being considered as 'an investment option' by investors and companies. The objective of the study is to evaluate life insurance as an investment option post privatization and also to study a shift in people's preferences from other comparable investment avenues. For the purpose of study two populations were selected. First, was the population of investors across various towns and cities comprising of buyers of life insurance. Within this population various subpopulations were studied on the basis of profession, nature of job, education profile, age group income category, gender and marital status Second, was the population of life insurance companies and within this population sub populations of life insurance companies operating in cities and towns and also the sub populations of life insurance companies operating in public and private sector had been studied. A total of 500 investors and 12 life insurance companies (10 responses from each i.e. a total of 120 responses) were selected for the purpose of study.

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