The Hindu Business Line : B-schools begin to take up commodities

Not only producers, consumers, traders, bankers and speculators but students also are now beginning to look at the opportunities being provided by the commodities market.

Recognising the economic importance of futures trading in commodities, the SIES College of Management Studies (SIESCOMS) - an ISO-9000 certified school at Nerul in New Bombay - organised the first-ever seminar on commodity derivatives.In his inaugural address, Mr V. Shankar, Managing Director of Interconnected Stock Exchanges of India, traced the evolution of the derivatives market and listed the opportunities available for professionals.

After referring to the impressive growth in derivatives trading in the last one year, Mr P.H. Ravikumar, Managing Director and Chief Executive Officer of National Commodities and Derivatives Exchange, forecast that commodity derivatives market would soon overtake the equity market.

He urged corporates to take advantage of the price risk management facility and pointed out to research opportunities the commodities market provided for B-School graduates.

Presentations on commodity-specific issues, regulatory framework and synergies between various markets were made by experts from respective fields. Conceptualised and organised by Mr Hiren Chandaria, research coordinator at SIESCOMS, the seminar was attended by students from various colleges with diverse background (accounting, management, law) as also those from the financial sector.

Among those supporting the students' initiative were Dr A.K. Sen Gupta, Director of SIESCOMS and Mr R. Rajagopal, President of South Indian Education Society, in addition to members of the college faculty.

More Stories on : Management | Derivatives Markets | Commodities

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