Education and Profession

By Sharad Maheshwari

Agenda

1. Importance of Education –My Story

2. Life

3. Qualification does help !

4. Finance as profession

5. Some Myths and My Theory

6. Q&A

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Education –My story

Three Generations – Different opportunitiesEducation changed it all !!

Life

Keep focus of your target/strategy

Hard work

Keep your cool-balance

Importance of Qualification

Qualification does helps !! To name a few …..

Shri Y.H. Dalmia, Vice Chairman, Dalmia Cement (Bharat) Ltd.

Shri Kumar Mangalam Birla, CEO, Aditya Birla Group

Rakesh Jhunjhunwala, Investor Pranav Roy(NDTV) Shekhar Kapur ( Film director)

Finance as profession

Various roles available Traditional Roles: Audit, Tax, Accounts etc Finance Roles in an organisation New Roles (in last two decades)

Treasurer-cash management, Raising Debt, Corporate Governance Risk Management-Insurance Fund Manager –Equity/Debt System Implementation Business Partner -

Finance RolesAccounting Roles Accounting- AP, AR and month end closure Month end reporting and MIS Inventory Management, Receivable management and credit control Implementation of Shared services accounting Implementation of ERP

Financial Planning and Business Support Business Planning and Controls Sales Planning Strategic Consulting, including business plan & sales strategy development Pricing/Product Level Margins New Product launch /new market entry strategy Financial feasibility studies for capital investments Competition Intelligence, tracking of market share Logistics and Supply Chain management Financial planning and modeling

Treasury Management

Corporate Governance Internal, Statutory audit and SOX Taxation

Banking and Investment Sector

Myth /Facts

Myth 1: The teacher (World) is against me !!

Fact : Probably the answer is incorrect . No option for teacher but to mark it incorrect

Theory : The teacher/parents interest is to see that we do well in our life.

Myth /Facts

Myth 2: I am going to give up this course. I am a failure !!

Fact : Probably we have not worked hard on the subject.

Theory : Still on the search to find one successful person who has not suffered a setback

Myth /Facts

Myth 3: I am correct and everyone else is wrong!

Fact : Well someone interpreted the question incorrectly and wrotethe answer as per his/her interpretation

Theory : Let us get our facts correct and learn to pick up or have fights

Myth /Facts

Myth 4: Good qualification will ensure big income

Fact : Good qualification will help you get a good break but what you do after that still depends upon you

Theory : Continuous hard work translates into continuous success. Sorry no short cuts

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Questions? / Comments!