Said Mr M Damodaran, Chairman, Securities & Exchange Board of India (SEBI) in his convocation address at New Delhi based Foundation for Organizational Research and Education (FORE) School of Management, Indian growth story is at center stage of the world, and is creating more opportunities for graduates. This is only the beginning and not the end. You have the opportunity to participate in the Indian growth story.
He further added, Graduates need to recognize the reality of business world today. It is completely different from past. Even Indian capital market has changed unrecognizably.
Mr Damodaran pointed out that in past entrepreneurs who wanted to set up the enterprise and raise capital from the financial markets went through the Ministry of Finance officials. The officials at the Ministry of Finance decide the validity and shape of public issues. All that has changed today. Mr Damodaran said, Earlier ministry decide whether a business could raise the capital or not, how much capital to raise, and if the person was fit to raise the capital. They even set the price of the public issue! Today, of course, we have a freer capital market.
Mr Damodaran added, Today is the world of transparency. Businesses should make disclosures of who we are, purpose of raising the money and what are the risks factors that investors have to face. Comprehensive and credible communication to the investors is a must.
During address he called the management graduates the future of our country and said, You are the people who write the destiny of Indian economy.
Offering his advice to the graduates of FSM, said Mr Damodaran, Look at your career as a long marathon. Work with quality, energy and enthusiasm, and the ability to face the challenges. He added, Ask questions, define and redefine truths to get better answers. Challenge yourself and ask yourself about the potential that you have. Management education is a tool to help you do well.
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Said Mr M Damodaran, Chairman, Securities & Exchange Board of India (SEBI) in his convocation address at New Delhi based Foundation for Organizational Research and Education (FORE) School of Management, Indian growth story is at center stage of the world, and is creating more opportunities for graduates. This is only the beginning and not the end. You have the opportunity to participate in the Indian growth story.
He further added, Graduates need to recognize the reality of business world today. It is completely different from past. Even Indian capital market has changed unrecognizably.
Mr Damodaran pointed out that in past entrepreneurs who wanted to set up the enterprise and raise capital from the financial markets went through the Ministry of Finance officials. The officials at the Ministry of Finance decide the validity and shape of public issues. All that has changed today. Mr Damodaran said, Earlier ministry decide whether a business could raise the capital or not, how much capital to raise, and if the person was fit to raise the capital. They even set the price of the public issue! Today, of course, we have a freer capital market.
Mr Damodaran added, Today is the world of transparency. Businesses should make disclosures of who we are, purpose of raising the money and what are the risks factors that investors have to face. Comprehensive and credible communication to the investors is a must.
During address he called the management graduates the future of our country and said, You are the people who write the destiny of Indian economy.
Offering his advice to the graduates of FSM, said Mr Damodaran, Look at your career as a long marathon. Work with quality, energy and enthusiasm, and the ability to face the challenges. He added, Ask questions, define and redefine truths to get better answers. Challenge yourself and ask yourself about the potential that you have. Management education is a tool to help you do well.
| Check Top MBA Colleges in India by Cities | | |
| Also Read Important Articles on MBA Admission | ||
| Top MBA Colleges in India | MBA Admission | MBA Entrance Exam |
| MBA Placements | MBA Ranking In India | GD Topics |
Indian economy is booming and is creating lots of opportunities for businesses and managers.