FINANCE CASE STUDY COMPETITION
The Finance club - Harmoney School of Business and Management (MBA) organized a 'Finance Case Study Competition' on 25th February 2022 from 02:30 PM to 04:00 PM at CHRIST(Deemed to be University), Pune Lavasa Campus.
The Finance club conducted its second event for the third trimester. It was hosted online by the student coordinators, i.e. by Mr Ajinkya Duragkar, Mr Deep Bhowmick, and Ms Anamika Tripathi. A case study competition was conducted where the case based on the finance topic was provided to the students beforehand to prepare themselves and make a presentation to the class. The panel of Judges was the faculty-in-charges, i.e. Prof Danish Hussain & Prof Mohit Boralkar.
The case presented a situation where the firm, despite being very profitable was facing a liquidity crunch. Further, the owner of the firm was keen on expanding the operations of the business and financing the expansion through a bank loan. Each team was assessed on three parameters i.e. the level of comprehension of the case, quality of the solution provided to the problem being faced and the presentation skills.
Student Coordinator Mr Ajinkya Duragkar gave the Introductory speech and welcomed everyone, followed by silent prayer. Then, we started with the competition. Online presentations were conducted for two days. On the first day, i.e. 25th February 2022, two groups, i.e. Group no. 4 (Shaurya, Lalitha and Anoop) and Group no. 5 (Vedant, Ojaswita and Koyena) and on the second day, i.e. 28th February 2022, Group no. 3 (Mehak, Aara, Mercy and Sahil) and Group no. 6 (Reetam, Pabitra and Rajat) came up with their presentations and opinions related to the case.
They talked about why the company faced a shortage of funds despite their profitable operations from 1988 and 1990 and his estimate of loan requirement. Also, they explored why they were expanding the operations despite the heavy financial pressure.
The participants touched on various points, gave possible solutions for the situation, and provided the necessary justification. The judges asked questions based on the answers participants provided, and discussions were carried out related to the topic simultaneously. After the presentation made by each group presentation, they were given feedback. The event concluded with a vote of thanks by Mr Ajinkya Duragkar.
The event was well-timed and interactive, touching upon various aspects of finance. Everyone took part actively in the competition, and learning was there. The case is broadly related to the working capital management of the concerned company. It enhanced the student’s ability to think and analyze a liquidity crunch situation deeply and at the same time learn about various techniques to appraise the working capital of a firm.
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