Stock Market – Basics one should know !!!

Vitamin M….!! Yes its money, the most essential nutrient for a happy living. We all work hard to earn and make a living. Money earned with absolutely no hard work is like a dream come true. Isn’t it?

For a secure future make sure that you save! What we save is what we earn! We can make short term investments like savings bank account, fixed deposits with banks or stock market as well as long term investments like provident funds, bonds and mutual funds. Sooner one starts investing the better it would be.It is always wise to learn basics before investing. After all money matters!!

Why should one trade in a stock market? The advantage here is that you do not need a lot of money to start making money, unlike buying property and paying a monthly mortgage. It isn’t like a conventional business. It’s fast cash and allows a quick liquidation. One can easily learn how to earn profit from the stock market. This sounds interesting. Isn’t it? You need to have your basics clear. Unless you do, you will be losing time and money. Every aspect of investment, stock options, stock trading, company, shares dividend, types of shares, debentures, securities, mutual funds, IPO, indices, SEBI, analysis of stocks- how to check on what to buy? Trading terms (limit orders, stop loss, call, and booking profit and loss, short and long), trading options- Brokerage houses etc. are important to be known.

Stock market comprises of four entities: Primary market, stock market (secondary market), trade stock for listed corporations and progressive development of stock market. What makes primary market different from secondary? Well, primary market provides a channel for the sale of new securities whereas secondary market refers to the securities traded after being initially offered to the public/ investors in the primary on the stock exchange. But why does a company issue shares to the public? Most companies are started privately by their promoters, companies invite the public through a ‘public issue’ to contribute towards the equity and issue shares to the individual investors this in turn helps the company in case of insufficient funds for setting up or running the business over a long term. A public issue is an offer to the public to subscribe to the share capital of a company. Once this is done, the company allots shares to the applicants as per the rules and regulations laid by SEBI. Shareholders enjoy the privilege of casting their votes in the corporate decisions and a portion of dividend the company declares.

Shares also known as equities have the potential to increase in value over time. But this does not mean all investments would guarantee high returns. Equities are high risk investments. One needs to be really careful.

Stocks are measured by the stock index, which is a mathematical tool used by investors and financial managers to describe the market and compare the returns on a particular investment.  BSE, NIFTY, MCX-SX, Amex-CITUS are some of the market indices.

THE AGE OF FANCY DESIGNATIONS

Innovative thinking to attract talent especially among the younger crowd has become a trend these days.  Huge Corporates and Startups have started inventing " Fancy Designations" that are more creative and interesting to implement at the work place.  The 21st century or the digital age that we are living in has seen a huge change in the way people look at things and approach them. This thought process also applies to organizations, be it Indian or on the Global front.  Perhaps people have started giving importance to “Designations” as a matter of pride and status quo, as it deals with the mindset of the people.

The idea behind having such "Fancy and Wacky Designations " is to motivate employees, retaining potential employees, understanding the Roles,  improving productivity and in turn generate revenue to the company.  Big Corporates have already made structural changes in the Roles.   Even small and medium level companies have started realizing the importance of structural changes to be made in regard to Designations.  People are stuck to the so called “Titles” that HR Experts come across candidates curious to know their job roles before making a decision.  Talent Acquisition Team definitely agrees that this is an exciting way of attracting candidates especially among the fresher’s.

One of the drawback of these "Fancy Designations" may be it may confuse people by convincing them to take up the job based on the “Designation”.  Any job opportunity providing a Fancy Designation is of no use if there is no learning or career growth.  Hence, it is advisable that candidates have to be cautious in making the right decision with the job Profile, package and the responsibilities involved in it.   

But all said, this new-age of fancy designations have definitely gained a global appeal.  This change has certainly found a new place in the Human Resource Department of any Organization that wishes to progress along with the times.

Brexit's impact on the world economy.

Britain’s vote to leave the European Union looks grim over the global economy.  Although, the world including our nation has accepted the shock waves of Brexit referendum on June 23, 2016.  Various sources states that the UK's vote to leave the European Union increases certain risks to the world, especially on the European economies.

The group of the world's 20 largest economies states that the outcome of last month's June referendum "adds to the uncertainty" for the global economy,  It has urged the UK to remain "a close partner of the EU".  The drop in stocks is a sign of new risks surrounding the global economic position.  Also there may be two or more years of uncertainty as its a new beginning for Britain to implement fresh talks, and to strengthen trade relations with the rest of the world along with bringing in new rules and regulations.

Brexit vote implies a substantial increase in economic, political, and institutional uncertainty, which is not a positive sign, especially for the advanced European economies.  According to the reports there was a dramatic fall in the value of the pound against the dollar and in share prices due to Brexit.  IMF (International Monetary Fund) says that while the effects of Brexit are greatest in the UK, there is not enough information available to make a full assessment of its impact on the global economy.

However, the impact on global growth and inflation may be relatively not very large to push the global economy into recession.  This is because UK accounts for only 3.6% of global imports of merchandize goods and 4.1% of global imports of commercial services.

This referendum is a beginning of a new phase for the British Economy.  Going forward, policy makers in the United Kingdom and the European Union have a key role to play in helping to reduce this uncertainty.  On the other hand economists stress that we have to watch at least for the next six to eight months to access its impact on the global markets.

Guest Lecture & Outbound training on ‪‎People‬ & ‪Project‬ ‪‎Management‬ by Mr. Suresh Babu – PMP, Performance Coach & Corporate Trainer.

On 25th July 2016 the MBA students had Guest Lecture & Outbound training on ‪#‎People‬ & ‪#‎Project‬ ‪#‎Management‬ by Mr. Suresh Babu – PMP, Performance Coach & Corporate Trainer. He provided integrated performance ‪#‎skills‬ & conducted ‪#‎outbound‬ training with mix of ‪#‎teamwork‬and individual with contemporary management & performance games whilst gaining a wider understanding of inter related management functions.

7 things you need to know about GST (Goods and Services Tax) bill

Here are a few things to know about the GST bill –

What is GST? The Goods and Services Tax is the tax levied when the consumer buys a product or a service.

Origin: The GST bill was introduces on December 19, 2014 by Finance Minister Arun Jaitley.

What is the need for GST bill? The bill does away with the levy of different taxes by the state and union governments and replaces them with a single comprehensive tax. Taxes that will be removed after the GST: CENVAT, OCTROI, SALES TAX, EXCISE DUTY

Challenge in GST implementation: The various tax departments of the states and the centre will have to co-ordinate and work harmoniously.

Advantages of the GST bill implementation: The whole of India becomes a single market. There will be more tax revenues for the government with lesser burden on the industry. Prices will be lowered for many manufactured products. It helps boost exports.

What is exempted from the GST? Alcohol will be exempt from the GST and initially petroleum products too.

GST structure: The GST will have three kinds of taxes Centre, State and Integrated GST for inter-state transactions.

Zero waste management – Don’t Bury, Don’t Burn

All of us are worried about our mother Earth, aren’t we? But how many of us really make an effort to contribute to saving her? How about we be a little considerate to our 5 billion years old mother earth? Got you thinking? Yes. Reuse! And Recycle!

A College student lives an extremely busy life and would have hardly ever thought about recycling and reusing their materials unless it is a college rule or initiative. Zero waste management is one such initiative taken worldwide, from waste worker cooperatives to local neighborhood groups to universities and governments, people around the world are working together to develop waste programs, adopt resolutions and create innovative plans. So as responsible citizens why may we not contribute to saving our environment? Just giving a thought to it would solve half the problem.

So what exactly is Zero waste management? How does this help in saving our nature? Well, zero waste management is a new age concept based on the complete stoppage of dumping trash in landfills and incinerators. Zero Waste maximizes recycling, minimizes waste, reduces consumption and ensures that products are reused or recycled back into nature or the marketplace. This systematically eliminates the volume and toxicity of waste materials, and conserves and recovers all resources. Our motto here is, “Do not burn or bury waste”. Zero waste is more than just waste management; it is also about environmental justice so that the waste is not concentrated in poor and disenfranchised communities.

Zero waste movements in colleges and universities provide a perfect platform and opportunity to build awareness of the causes and effects and impacts of current waste strategies. According to a survey, college students in the US alone produce 200 million tons of waste. Zero waste act, manuals and guides like “Our environment not for sale”, ”Zero waste by 2020”  and websites of different colleges and universities, namely, “Campus Ecology Program (CEP)”, ”Connecticut college is green”, ”MPRIG – The Green Campus”, ”UB green” and many more are being a part of this initiative.

Let us all look forward to the incorporation of the Zero Waste Management initiative in the GIBS social foundation campaign and support Mr. Ritesh Goyal – GIBS MD in his venture.

Emotions as our Guide

Over time, we as a society have come to accept that emotions are part of what drives us to be who we are and what we do. We have come to understand that the most important of our work-related qualities like sound judgement, leadership and versatility are a reflection of our emotional states. Emotions underlie our functionality.

Positive vs. Negative emotions

Being successful at our jobs require that we allow our emotions to show up and guide us. Suppressing them can lead to non-functionality. While compassion, pride, confidence etc which are considered to be acceptable, emotions that are overtly termed as ‘bad’ have their place too. Feelings like anger for example, motivate us to do better and to transcend our present limitations. It is anger that gives us strength to overcome our limitations. All we need to do is channel these emotions in the right way.

Suppressing emotions

Authentic display of how we feel is important and healthy, both to us and to our relationships. They guide us in making the right decisions. Suppressing them can make us feel confused and we make wrong decisions. Even those emotional outbursts at inappropriate times are only a result of a build up within us due to regular suppression. Psychosomatic manifestations in our bodies are also a result of suppression.

Controlling emotions

Not only are we responsible for our own emotions but also as colleagues and bosses, we subtly or overtly influence other’s emotions as well. What applies to us applies to them as well. Exuding behaviours that try and control the other person’s behaviours will be detrimental in the long run. We are responsible for the healthy display of our emotions and also for the emotional response that those around us put out.

Emotions act as a compass, give us direction. They act as indicators of our state of mind and of our health. Allow them to flow and show up in healthy ways and we become more efficient at our tasks. After all they are what make us human.

MBA in HR – Clarity, Scope and Career

Are you planning to pursue a Post-Graduation?

Many options available out there, MBA in HR is one of the interesting courses you can choose. If you are people’s person and good at interacting with others, a career in MBA HR can be very fruitful for you. So what is human resource management? Well, Human means the workforce involved in an organization, Resource means the limited availability and Management is the proper utilization of the workforce.

What exactly does HR management deal with? Human resource management is a process of recruiting, training, orienting and appraising employees of an organization. It deals with organization structure, morals, motivations and overall employee management. HR professionals act as a middleware between management and the employees.

MBA in HR is one of the most opting specializations of management study. It is a challenging and stimulating program of management. So what exactly is taught in HR? Let’s find out! It’s a two year course. MBA in HR allows you to develop general management skills in the first year, followed by human resource practices in the second. During the course students are taught about strategic management, resource development and legal aspects influencing the economic, social and cultural factors of employees’ relation.

Industrial relations, labour legislation, labour relation, training and development, recruitment and selection, compensation and benefits, labour welfare and social security are some of the specialized fields in this course you can opt one.

In HR profession you may have a career that offers good working conditions, excellent remuneration, good career growth opportunities and rewarding work. Every large and medium sized organization maintains a fully functional HRM personnel department, Career options are many. You can find a job in a HR consultancy firm or be a freelancer consultancy. If you are academically inclined then there are opportunities to teach HR related subjects in universities and management institutes. A well experienced MBA graduate in HR specialization can earn 2 to 5 lakh per annum. The remuneration is a subject of profitability, geographic location, organization level, personal qualification and experience.

If you are in a dilemma, you should justgo ahead and opt for it. MBA in HR is an excellent career option for you.

How Management Leads To Success Management skills for a better future.

The basic and most important factor that is required for a disciplined life is management. Be it time, work or even fun, everything must have a slot and should be celebrated or received in the right amount. Management of time makes a person more disciplined. By sketching out a calendar or time table to take forward their activities allows them to fix proper periods for certain tasks and make extra time to do what they like. By being organized, they are aware of what is happening in their life and they would know what action would be responsible for development.

This way they will focus on what activities are hindering their progress and get rid of them while they can work on activities leading to progress. Management plays a vital role in becoming successful there are also career option for people who enjoy organizing and managing activities. Jobs like event management, hotel management et cetera pay you for doing what you do best- management. This involves taking responsibility of the human organization behind it, motivating them to complete the product or service before the deadline and satisfying their customers.

A job that could take you to heights, management has its own course to be studied. India is house for many management colleges that have blended skills and knowledge together to bring out the best in their students. The most recent entry to the industry is the GIBS, run by Mr. Ritesh Goyal who also believes that management is very necessary in our daily lives.  With several management courses being offered in GIBS lots of youngsters from all over the world have been attending college here.

Hence, if you’re confused about what to do while you know you can convince people and get the job done, management is definitely your cup of tea!