Professor Debarati Basu will be presenting her work titled ” Regulations and Investment-Cash Flow Sensitivity: The Role of Group Affiliation, Ownership and Governance,” at the second Finance and Accounting Area Brownbag series on Thu, May 11th at 2PM. The abstract is here.
Click here for the tentative calendar of the Finance and Accounting area’s brown bag research seminar series.
The Centre for Capital Markets is pleased to present a talk by Dr. Vikas Aggarwal, the H. Talmage Dobbs Chair in Finance at Georgia State University on Monday, March 6, 2017.
SCHEDULE FOR VIKAS AGGARWAL, Monday March 6.
Vikas has kindly agreed to make himself available before the paper presentation in the CCMRM conference room.
9:00 – 9:30 AM Professor Ana Marques (confirmed)
9:30 – 10 AM Professor Debarati Bose
10:00 – 10:30 AM Professor Srini Rangan ?
10:30- 11:00 AM Professor PC Narayan (confirmed)
11:30 – 1:00 PM “ Interfund lending in Mutual funds: Role for Liquidity Management, Room P-11.
1:00 – 2:30 PM Lunch (Badri, Anand )
Professor Badrinath condcted a one-hour presentation on Behavioral Finance at a workshop conducted by the Indian Association of Investment Professional, at the Stock Market Institute, 4th Block,Jayanagara Jaya Nagar, Bengaluru on February 11, 2017. Here is the agenda.
IIMB has an active association and a MOU with CFA Institute. As a part of this collaboration, the Centre for Capital Markets and Risk Management/Finance Lab organizes a 90 minutes talk on ethics on October 18, 2018. The details of the workshop and profile of the speaker are given below.
‘Dealing with Ethical Dilemmas and Ethical Decision Making in the Investment Management Industry’, by Michael McMillan
Date – 18th October 2016,
Indian Institute of Management, Bangalore
Time: 3.30 p.m. to 5.00 p.m.
Venue: To be announced
Being able to work successfully with ambiguity is increasingly cited as a critical skill in modern workplaces. Ambiguity presents numerous challenges, among them the ability to identify reliable principles to base decision making on, and the ability to apply a process through which to systematically evaluate options for action.
Ethical dilemmas are a form of workplace ambiguity, readily generated by the competing priorities in finance and investment businesses. It is a common misperception that unethical action is an uncommon occurrence, performed by already bad people. On the contrary, ethical dilemmas are entirely commonplace occurrences, and often result in perfectly good people deciding to do questionable things.
CFA Institute is a not-for-profit organization that has had ethics at the core of its mission and programs for over 50 years; its mission is to raise professional and ethical standards so that the investment industry serves the greater good of society. Michael McMillan, CFA would be conducting a 90 minutes case based workshop, which will broadly have 3 goals:
– Encourage you to become more conscious about your thoughts and behaviors so that you are more likely to notice, and act upon ethical issues before they become a problem
– To recognize that ethical dilemmas are a normal and predictable part of most jobs
– To discuss and practice approaches for dealing with ethical issues
About Michael McMillan:
Michael McMillan, CFA, is Director of Ethics and Professional Standards at CFA Institute, where he is responsible for creating, sourcing, and developing educational content for CFA Institute members and investment professionals in the area of ethics and professional standards. Previously, he was a professor of accounting and finance at Johns Hopkins University’s Carey School of Business and George Washington University’s School of Business. Prior to his career in academia, McMillan was a securities analyst and portfolio manager at Bailard, Biehl, and Kaiser and at Merus Capital Management. He is a certified public accountant (CPA) and a chartered investment counselor (CIC). McMillan holds a BA from the University of Pennsylvania, an MBA from Stanford University, and a PhD in accounting and finance from George Washington University.
The Ben Graham Centre for Value Investing at the Ivey Business School is proud to announce the 4th Annual MBA Stock Picking Competition made possible by our key sponsor Burgundy Asset Management, as well as Bristol Gate Capital Partners Inc.
The MBA Stock Picking Competition is global in nature and includes top MBA programs from Asia, Australia, Europe, North and South America. The competition focuses on the value investing approach to stock analysis and follows the principles of value investing as taught by Benjamin Graham.
Participants will be competing for $17,500 in cash prizes, as well as admission to the Ben Graham Centre’s 2017 Value Investing Conference, the Fairfax Financial Annual General Meeting and a meet and greet with Prem Watsa, CEO of Fairfax Financial Holdings, and his team.
Participants: Thirty top global MBA programs. Three groups will be invited to present their final analysis to a panel of top global value investors in Toronto, Canada.
Stocks: A list of stocks will be provided to participating schools on January 10th, 2017. Teams will prepare a maximum 10 page research report (plus necessary exhibits) for submission to the Ben Graham Centre’s Manager no later than January 20th, 2017. The top three teams will be asked to prepare a second analysis to be presented in Toronto on April 18th, 2017.
Entry Fee: $100 per team (Registration opens October 21st, 2016).
Please let us know if a team will be representing your school by December 9th, 2016.
If you have any questions, please feel free to contact us. For more information you can visit the Stock Picking Competition page on Ben Graham Centre’s web site shown below.
Professor of Finance
Ben Graham Chair in Value Investing
& Director, Ben Graham Centre for Value Investing
Richard Ivey School of Business
The University of Western Ontario
London, Ontario N6A 3K7
Srinidhi Raghavendra from SGX is scheduled to present a 2 hour commidty derivatives workshop on March 9, 2016. This will be in conjunction with Prof. Shashidhar Murthy’s PGP derivatives class.
IIM Bangalore welcomed into CFA Institute University Program Partner initiative
MUMBAI, 20 January 2016 – The CFA Institute is pleased to announce that the Indian Institute of Management Bangalore (IIMB) is the first business school in India to become a University Program Partner.
The Post Graduate Programme in Management (PGP), offered by IIMB is one of the most renowned in the country. Therefore it is no surprise that over 70% of the content of relevant courses in that program conforms to the CFA Programme Candidate Body of Knowledge. The PGP program emphasis on ethics also reflects the CFA Institute Code of Ethics and Standards of Practice.
The CFA Program sets the standard for developing the skills, standards, competence, and integrity of financial analysts, portfolio managers, investment advisers, and other investment professionals worldwide. It is widely considered the investment profession’s most rigorous credentialing program.
Entry into the CFA Institute University Program Partnership signals potential students, employers and all stakeholders that IIM Bangalore’s PGP curriculum is in sync with professional practice globally. As a result of this partnership, in each fiscal year, IIMB is entitled to award scholarships to a fixed number of PGP students to take up the CFA Program.
“For several decades, the CFA Institute has been committed to building a better investment management profession. It mixes the best of investment analysis theory and practice while training individuals with the highest ethical and professional standards. We look forward to collaborations between the CFA Institute, IIM’s Centre for Capital Markets and Risk Management (CCMRM) and the Finance and Accounting area. IIM-Bangalore is pleased to become the CFA Institutes’ first Indian program partner.“ Sushil Vachani, Director, IIM-Bangalore.
“We are delighted to welcome IIM Bangalore as the first Program Partner in India. We hope to work together to build a program of research and outreach that will have an impact on financial market development in India. We see significant synergy between the two institutions, and we believe that our efforts will contribute to the creation of a strong talent pool for India’s investment management profession,” said Vidhu Shekhar, Country Head, India, at CFA Institute.
About CFA Institute
CFA Institute is the global association of investment professionals that sets the standard for professional excellence and credentials. The organization is a champion for ethical behavior in investment markets and a respected source of knowledge in the global financial community. The end goal: to create an environment where investors’ interests come first, markets function at their best, and economies grow. CFA Institute has nearly 135,000 members in 145 countries and territories, including 128,500 CFA charterholders in 144 countries, and 147 member societies in 73 countries/regions. For more information, www.cfainstitute.org/india
About CFA Program
The CFA Program sets a standard for developing the skills, standards, competence, and integrity of financial analysts, portfolio managers, investment advisers, and other investment professionals worldwide. It is widely considered the investment profession’s most rigorous credentialing program. Administered in English, the CFA curriculum and examinations are identical worldwide. Fewer than one in five candidates who begin the program successfully complete it and go on to earn the coveted CFA charter, the “gold standard” for investment professionals.
About IIM Bangalore
The Indian Institute of Management Bangalore (IIMB) believes in building leaders through holistic, transformative and innovative education. IIMB is an acknowledged hub of academic activity in India and globally. We are Equis accredited. The accreditation is an indication that recognized institutions satisfy international standards. Our programs are all very highly placed in global rankings by the Financial Times.
Recognizing the tremendous power of disruptive technology, we became the first IIM to partner with the world’s most respected Massive Open Online Course (MOOC) platform, the Harvard-MIT joint venture, edX. With technology, we have reached out to over 120,000 learners in 189 countries till date.
For more information, www.iimb.ernet.in
For more information on the partnership, contact: