Finomina, the finance club of 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 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.
A series of infographic posts on latest happenings and various trends in the financial market posted biweekly on Finomina’s Instagram handle.
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-gritties 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 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).
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.