Financial Mathematics for Competitive Exams: Interest, Returns & Annuities

-


The Department of Commerce, Finance and Accountancy at CHRIST (Deemed to be University), Pune Lavasa Campus, successfully hosted an engaging and insightful session titled “Financial Mathematics for Competitive Exams: Interest, Returns & Annuities.” The session was designed for students preparing for various competitive examinations and aimed at strengthening both foundational and advanced concepts in financial mathematics. By placing emphasis on real-world applications, the workshop provided participants with clarity on several crucial quantitative topics that frequently appear in banking, finance, insurance, and management entrance tests.

The session was conducted by Dr. Saran Murali, Assistant Professor, School of Business & Management, CHRIST (Deemed to be University). It took place on 18 November 2025, from 10:30 AM to 12:20 PM, in Room 2111, Management Block. The workshop attracted enthusiastic participation from students across the department, all keen to enhance their quantitative reasoning and financial computation skills.

Throughout the session, Dr. Saran Murali focused on explaining the core principles of simple interest and compound interest, ensuring that students understood not only the formulae but also the logic behind different compounding periods, discounting, and effective rates. He illustrated how these concepts were applied in real-life scenarios, such as bank deposits, loan repayments, and investment decisions. Students appreciated the clarity with which he connected theoretical ideas to everyday financial transactions.

The workshop also delved deeply into future value and present value calculations, enabling participants to understand how money grows over time and how its value changes under varying interest rates. Dr. Saran used practical examples to show how companies, banks, and individuals evaluate cash flows, compare investment alternatives, and make strategic financial decisions using these tools.

Another major component of the session was an in-depth explanation of rates of return, including holding period return, annualised return, and the interpretation of returns in different financial contexts. This segment helped students understand how performance is measured in the world of investments and portfolios—an essential area for those preparing for finance-oriented examinations.

A significant portion of the workshop was devoted to the concept of annuities, a topic that often poses challenges for students. Dr. Saran explained the structure, types, and valuation of annuities, including ordinary annuities, annuities due, sinking funds, and loan amortisation schedules. By working through illustrative examples, he made it easier for students to grasp long-term financial planning tools and their relevance in both personal and corporate finance.

The interactive nature of the session encouraged participants to ask questions, solve problems, and actively engage with the material. Many students expressed that the workshop enhanced their confidence in tackling quantitative sections of competitive exams. They felt better equipped to analyse numerical problems, interpret financial statements, and apply mathematical reasoning to exam scenarios.

Overall, the session proved to be an enriching learning experience. It strengthened students’ problem-solving abilities, deepened their understanding of financial mathematics, and prepared them more effectively for upcoming competitive examinations. The department’s initiative in organising this workshop demonstrated its ongoing commitment to supporting students’ academic growth and professional readiness.


Comments

Post a Comment

Popular posts from this blog

LAVASA, IN DEFENSE OF AN EDUCATION AMIDST NATURE

-
Image
Lavasa, a city that lies between a range of rolling mountains, has often found its name in the news in the seat of dissension, but it is more than its hearings. With a backdrop of vivid sunsets and sunrises, the city provides a restful atmosphere away from the hustle-bustle of the city. The tranquillity and the close community in Lavasa help students have a clear mind and fulfil their dreams. This space is, according to the community, more conducive to education and learning.  Having an academic institution nestled in this valley is a true example of discovering roads less travelled. The city has been encouraging all to embark on a unique journey: a journey along winding roads and lush biodiversity to find some calm and clarity. The city and its institutions uplift students to make their own paths leading them to new discoveries and unforgettable memories. Exploring and navigating through teenage years and early adulthood, Lavasa has become a safe haven for many students. Venture o...
Read more

WEBINAR ON ROLE OF DIGITAL MARKETING IN THE PHARMACEUTICAL SECTOR

-
Image
The webinar on “Role of Digital Marketing in the Pharmaceutical Sector” by Dr Manoj Kumar, Senior Vice President and Strategic Business Unit Head with INTAS/Accord Pharmaceuticals was organized by the School of Business and Management (BBA) at CHRIST (Deemed to be University), Pune Lavasa Campus on 16th December 2021.  The guest speaker, Dr Manoj Kumar, endorsed the impact and relevance of digital marketing in the Indian pharmaceutical industry with specific relevance to super-specialists. As doctors may not be available everywhere due to infrastructure and geographical constraints, digital consultancy showed a new way of a career in the pharmaceutical sector during COVID times The pandemic was the time when healthcare workers were praised and called superheroes. We realized how pharmaceutical companies had a big role in this too. From the production of life-saving medicines to covid vaccines, they did it all. But what we do not realize is that marketing had a big role to play in a...
Read more

Attitude of Gratitude

-
Image
CHRIST values instill an attitude of gratitude in the students and despite leaving the portals of the college they never fail to express their appreciation and keep the college well informed about their achievements. It is always a pleasure to hear from ex-students and Director & Dean, Dr Fr Jossy George applauds the academic and professional success of the students in and out of the campus. Despite a temporary lock down and students being confined at home, the students are in constant touch with the Director and faculty and share their thoughts and feelings.     Bhavishya Sajith who majored in Finance speaks eloquently about her two year journey at CIM. She articulates that the memorable years gave a platform to discover her hidden talents. She is extremely grateful to Dr Fr Jossy, Dr Fr Arun and all faculty members for constantly encouraging her to do better and take active participation in all the activities. She considers it as a stepping stone to success. She fe...
Read more