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Finance club Activity at ASB: Budget Conclave 4.0

Noida, 14th February,2022:  Financial knowledge is important because whether we know it or not, we get affected by the world of finance on a day-to-day basis. The Finance club in order to provide exposure to the students in various verticals within the finance domain including stock markets, investments, equity research, financial policies, etc. organized many competitions, workshops, and speaker sessions, etc. throughout the year. A few activities to name include Activities as carried out by the club includes Business Fundamentals (Finance Club Activity), Insurance Awareness Program, Le jeu de Banque, Stock Market Challenge (Finance Club Activity), ConnaissanceBiz, Paper Presentation Competition, live screening of the interim budget, Budget conclave, Young Asian Managers, Bidding Simulation, Money Matters, etc.

The Finance Club of Asian School of Business “Bulls n Bears” organized the “Budget Conclave 4.0”, an interpretation and analysis of the Union Budget 2022 wherein the students from BBA participated as researchers and panel Speakers. The panel speakers discussed and analysed the impact of the Union Budget, 2021 on twelve different crucial sectors viz. Railways, Automobiles, Communication Services, Education, Information Technology, Healthcare, Common Tax Payer, Agriculture, Energy, Manufacturing, Defence and Tourism and Aviation. The activity was undertaken with a dual objective of making students develop an understanding of the Union Budget 2021 and analysing its impact on various crucial sectors, resulting in thorough and deep understanding of the budget. The speakers along with their respective researchers analysed one sector in detail and the impact of the budget on the same. The participants included twelve panelists and nineteen researchers. The Jury members for the event was Prof. Madhur Oza and Prof. Garima Malhotra. The judgement parameters were based on Content and presentation. Garima Chaudhary, Siddhant Magon were the winners of the event.

This Budget Conclave 4.0 was a platform or the students to develop their research and presentation skills. Besides, the students learned the in-depth details of the budget and various related terms.