Finomina, the finance and investments club of the Indian Institute of Management Udaipur, is a student-run initiative that works towards nurturing interest, creating awareness, and promoting student-industry interaction in the field of finance. It aims to provide students with insights into different domains of the financial services industry, such as investment banking, equity research, corporate finance, retail banking, and microfinance. Finomina organizes various competitions, workshops, and thought-provoking seminars with distinguished industry leaders as well as academicians from reputed institutions.
The latest introduction to Finomina's portfolio includes the establishment of a student-run Investment Cell which provides hands-on experience to its members in investment opportunities across the capital markets domain.
The annual finance magazine, Arthaarth, covers a wide range of articles on the recent happenings of the financial world, written by the faculties and the students of IIM Udaipur. The magazine also publishes the articles of the winners of our annual article-writing competition conducted across all b-schools during Solaris, the annual management fest of IIM Udaipur. The flagship magazine also includes fun finance facts and crosswords. It is launched annually by the esteemed speakers at Arth-Samvaad.
Fin-Focus is a concept note series that helps the students understand various financial concepts by explaining them in a facile manner.
Three series are posted weekly on Finomina's Instagram handle, which provides a quick and to-the-point explanation of finance concepts and recent developments.
A series of infographic posts on the latest happenings and various trends in the financial markets.
A brief description of finance concepts that aid readers in understanding the current financial news more deeply.
A crisp explanation of various financial terms that are unheard of but relevant for finance enthusiasts in the contemporary world.
Arth-Samvaad is the annual finance symposium of IIM Udaipur conducted during the annual management fest, Solaris. It provides the student community with the opportunity to interact and discuss with the industry stalwarts and understand the nitty, gritty involved in the financial decision making and about the market scenario. The event also includes an interactive panel discussion presided by the club members. Arth-Samvaad 2019 was conducted on the theme, "Unshackling the Credit Markets". The following industry leaders graced the event:
Vitt-Sangram is the annual case study competition conducted by Finomina, where participants are from various top B-schools of India. The competition is held in multiple rounds evaluating the participants on current affairs, financial concepts, and applications. The first two rounds are quiz and case study analysis, respectively, while the last round involves the presentation of the analysis by the shortlisted students in front of the esteemed judges.
Finomina conducts a series of interactive, thought-provoking lectures and panel discussions delivered by esteemed industry experts and academicians in the field of finance. The sessions have been graced previously by the likes of Prof. Aswath Damodaran (Stern University), Mr. Ramesh Venkat (CEO, Reliance Private Equity), Mr. Ashish Chauhan (CEO & MD, Bombay Stock Exchange), Mr. Gaurav Gupta (MD, Morgan Stanley) to name a few. Fin-talks 2019 saw an interactive panel discussion conducted on "State of Indian Equity Markets and Future Prospects". The panel was led by Mr. Ravi Sundar Muthukrishnan, (Head - Institutional Equity Research, Elara Securities), and consisted of Mr. Manish Gunwani, (CIO, Reliance Nippon Life Asset Management Limited) and Ms. Swati Kulkarni (Executive Vice President & Senior Fund Manager, UTI AMC Limited).
Fin-talks 2020 was graced by Mr. Bablish Joshi, (Assistant General Manager - Reserve Bank of India, Jaipur). Mr. Joshi provided students with insights about "Risk management in the banking sector". The second part of series saw an interactive discussion by Mr. Ram Gopal Yadav, (Deputy Manager); Mr. Aleen Mukherjee, (Executive Vice President), and Mr. Niraj Shukla, (Senior Economist) at NCDEX Institute of Commodity Markets and Research (NICR) on the topic, "Agriculture Commodity Derivatives Market".
The annual intra-institute event provides an excellent platform for students in understanding the basics of commodities trading, through the simulation of an "on-the-floor" OTC commodities exchange. This event is one of the “most awaited” by the batch owing to the adrenaline-driven trading floor scenario. The participating teams have to think on their feet looking at the trade screen and employ their persuasion & negotiation skills to get the best price for their trade.
Mock stock is an annual event that simulates the real-world functioning of a stock market and how investment decisions are made by investors based on news floating in the market. The event is fun-filled on the floor trading and tests the participating team’s strategic decision-making skills on investing & their know-how of the stock market.
A series of fun-filled, nail-biting quizzing events conducted to test the students’ knowledge of financial concepts as well as the emerging trends in the world of finance.