LLIM lays emphasis on imparting practical knowledge and thereby organizes industrial visits every year to various companies in Maharashtra. Students & professors embarked on memorable journeys to Nashik where they were given an opportunity to understand the functions and working of renowned Companies namely:
Topic: Industrial Visit to RBI and BSE
Venue: Reserve Bank of India, Central Office Building, Shahid Bhagat Singh Road, Fort, Mumbai - 400001.
Bombay Stock Exchange,Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400001
Date : 29TH MARCH 2016
Time : 11.00 am to 5.00 pm
Mrs. Sinha spoke about the various direct instruments like CRR, SLR and indirect instruments like Repo and reverse Repo along with open market operations and Bank rate. She concluded her presentation speaking about the projected growth rate for 2016-17 being 7.6%.
MrsGeeta, Manager at Issues Department (RBI) enlightened the students about the interesting journey of paper to currency and reverse journey of bank notes to disposal. She basically addressed three main questions:
It was an interesting presentation as the students got to know some interesting facts about the bank notes and coins which they were not aware of.
The final presentation was delivered by Mr Bhattacharya, Assistant General Manager, Financial Inclusions (RBI). He spoke extensively about financial inclusions and focussed more on Financial Literacy. He also mentioned how the whole financial inclusion scheme was slowly gaining momentum because of aid of technology.
The whole session at RBI ended with an interactive question and answer round where the eminent speakers addressed the students’ doubts followed by a visit to the monetary museum.
Post lunch, the students gathered at The Bombay Stock Exchange where again they were taken to the convention centre. Mr Aditya Srinivas, Chief Operating Officer and Chief Economist at The Bombay Stock Exchange Brokers Forum, addressed the students and gave interesting insights on the working of stock exchange, live trading and markets. He concluded by answering each and every question and queries raised by the students.
Topic: Industrial Visit to Ceat
Venue: CEAT, Subhash Nagar Rd, Industrial Area, Bhandup East, Mumbai - 400078.
Date : 29TH JANUARY 2016
Time :9.00 am to 4.00 pm
REPORT OF INDUSTRIAL VISIT
MMS Students of 1st year HR and Operations with one Faculty Member - Dr. Arati Kale went for an Industrial Visit to The CEAT Tyres, Bhandup Plant on 29-01-16 in order to receive some much needed industrial exposure. CEAT Members in-Charge of Production and Security received us at The Entrance and showed us the way ahead. The Managers, Production and HR interacted with the students giving them insights not only into the company’s manufacturing and production units but also into the various functional areas that make CEAT one of the most desirable tyre brands in a large part of Asia. The rock-hard HR Department was a clear evidence of high levels of employee satisfaction and smooth work culture. The students were also taken to the shop floor and the main production unit. The following points were the major take-aways from this visit:
It was an Informative, Interesting and a Successful Visit. The Officials who explained the functioning of various departments was very elaborate and grasped well by the students. Lot many questions from the students was well explained and answered by the officials. The students took back home some interesting tips which would help them whilst working in corporates.