Mr. Pradeep Gupta, the guest speaker explained about how Financial Management is applicable to organizations in this modern era. Pradeep Gupta has his own venture called “Cherish Financial Services” and has15 years of experience in the field of finance.

He explained with study of financial management, how we can protect our business from precarious mismanagement of money. For example, a small businessman takes a short-term loan and finances fixed assets with this loan. It means, he has to pay loan within one year but fixed assets cannot be sold within one year. At the end of year, he does not have enough money to pay long term debt and this will create risk to his business existence and will become insolvent. This is the simple example of mismanagement of money in small business, but speaking of large scale company business, importance of financial management is greater than small business.

In a nutshell, students were happy about the session and the practical knowledge which they got from the guest faculty.

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A journey of a thousand miles begins with a single step. It was a new start for the students and with every passing minute they were moving one step forward to achieve their dream.

The host of the Orientation ceremony was Ms. Uma Pandey. She started the ceremony by addressing the audience and the new students and welcoming them to IIPM family. She introduced the speakers for the day.

Our first speaker, Prof. Arvind Rajashekhar oriented the students about the current Indian market scenario. He also oriented the students about how important and challenging can the life of an MBA be. He asked the students to give their best and to start updating themselves with the surrounding world.

The second speaker, Mr. Rajat Sogani broke the ice wall between him and the students by narrating his life story and how he completed his MBA and thereafter. This is how he was able to tell students about the importance of studying and concentrating in a B-school and making the most of it.

The ceremony ended by a very beautiful story narrated by Ms. Uma Pandey, whose moral was “It is very easy to criticize anyone but very difficult to give the correct answer”. Hence one should never lose their self confidence and self belief and always move ahead in life.

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