Photo Source; Babushahi Bureau
900 students from 16 schools of Punjab & Chandigarh attended Finance conclave at Chandigarh University
Empowering the next generation: Chandigarh University (CU) hosts Finance conclave for students
Chandigarh University's Finance conclave enlightens students on global opportunities in the finance sector
Mohali, December 6, 2023: Chandigarh University (CU) hosted an enriching and visionary Finance Conclave themed 'Navigating Financial Frontiers: Inspiring the Next Generation' at its campus which witnessed the enthusiastic participation of the 900 students from 16 schools across Chandigarh and Punjab.
Designed to illuminate the young minds with insights into the dynamic realm of finance, the Finance Conclave, organised by CU’s Global School of Finance and Accounting, aimed to equip students with the knowledge and motivation to embrace the evolving landscape of financial opportunities.
Distinguished experts and industry leaders graced the occasion, sharing invaluable insights on the rapidly evolving financial world and the transformative changes reshaping the field. Through engaging and informative addresses, students were immersed in an exploration of the burgeoning avenues within the finance sector.
The industry experts who addressed the young students during the conclave included Dev Tripathy, Head of Finance Indian Subcon. & IGT Gr. Region, Philips; Sanjeev Parkar, Senior Director, PwC India; Gopal Sharma, Chief Financial Officer, NASSCOM; Chirag Bhatt, Head – Indirect Tax, Aditya Birla Group and Pratham Barot, CEO & Co-founder at Zell Education.
Prof (Dr.) Nilesh Arora, Director Global School of Finance and Accounting, CU and by Prof. (Dr.) Ramanjeet Singh, Executive Director, Management & Law, CU also attended the event.
The event proved to be a platform for inspiration and encouragement, as students were motivated to pursue careers in finance. Emphasizing the vast potential and promising prospects in the global financial sphere, the experts highlighted the diverse array of opportunities available to aspiring finance professionals.
While talking about the aim behind organizing the finance enclave, Prof (Dr.) Nilesh Arora, Director Global School of Finance and Accounting, said that the event holds a special significance as we delve into the ever -evolving landscape of finance.
“In today's dynamic world, the financial realm is undergoing unprecedented transformations driven by the technological advancements, regulatory changes, and evolving consumer expectations. The demand for skilled finance and accounting experts is surging and the realm of global financial consulting services is expanding at an unprecedented space,” he said.
He added that for the eager minds seeking to carve out the careers in finance and accounting, this gathering represents a new golden opportunity to delve into the intricacies of profession. “With a particular emphasis on global stage, the conclave offered a panoramic view of diverse career avenues within finance, shedding light on the myriad opportunities available both locally and globally throughout the world. The conclave has set the stage for these young minds to understand what is there for them in this huge finance and accounting domain. Not only at the national level but also at the international level,” said.
Prof. (Dr.) Nilesh Arora further stated that the U.S. Bureau of Labor Statistics (BLS) has projected a remarkable 7% growth in employment for accountants and auditors from 2020 to 2030, surpassing the average for all occupations. Employment of accountants and auditors is projected to grow 4 percent from 2022 to 2032, about as fast as the average for all occupations. About 126,500 openings for accountants and auditors are projected each year, on average, over the decade.
Dev Tripathy, Head of Finance Indian Subcon & IGT Gr. Region, Philips, who spoke on “Career Paths in Finance” said encouraged the students to identify and know their point of destination. “Every career and every profession are good. But you need to find out what you like. You need to opt for a career which makes you feel happy and energised. Finance is a vast and diverse profession. In today’s India, if you want to grow and if this country wants to grow and become a developed nation then the financial literacy must increase manifolds,” he said.
He also apprised the students about a vast number of career opportunities in the finance sector.
Sanjeev Parkar, Senior Director, PwC India, delivered an address on “Future aspects of Financial Technology - Is it Opportunity or Threat?” He said, “Gone are the days when finance and technology were perceived as separate professions. The world has undergone a transformation where traditional business models are fading away. The integration of technology with finance has reshaped our interactions. Today, banking no longer solely involves physical visits; instead, we carry out transactions seamlessly online. This shift has prompted banks to enhance their infrastructure and equip their employees with technological understanding. That is how the mixture of finance and technology has changed our world rapidly.”
Gopal Sharma, Chief Financial Officer, NASSCOM, spoke on “Finance's Future Outlook: A Forward View”. He shared valuable insights from his personal journey within the evolving financial landscape, inspiring students by shedding light on the myriad opportunities available in the sector. Additionally, he delved into the transformative role of technology within finance, elucidating the evolving nature of its utilization within the sector.
Chirag Bhatt, Head – Indirect Tax, Aditya Birla Group, spoke on Tech Proficiency in Finance: The Essential Imperative and Pratham Barot, CEO & Co-founder at Zell Education addressed the students on "Global Finance Insights: Certifications and Beyond"
The schools which participated in the conclave were also felicitated during the event. The Finance Conclave concluded on a high note, leaving the attendees enriched with knowledge, inspired by possibilities, and empowered to embark on a journey toward a career in finance.