Induction Programme day-06 "Session On Business Management, Leadership And Entrepreneurship"
17-28th August 2020
On Day 6 of the Induction Programme 2020 during the Business Management, Leadership and Entrepreneurship session the students got opportunity to interact with Mr. Nikhil Bharadwaj, Senior Manager of Yes Bank and two well established Alumni of KRMU, Mr. Mohammad Yousuf and Mr. Ayush Rajput.
Mr. Nikhil Bharadwaj, Senior Manager of Yes Bank in his address elucidated the role of a bank in a startup venture. He stated that role of banks is more than just providing loans in startup ventures; following this he then introduced the concept of letter of credit (where banks acts as mediator between two parties who fail to establish trustworthy bonds). On being asked by the participants in the question and answer round he explained various concepts including crowd funding, Vijay Malaya fraudulent case, etc.
The second session was conducted by Mr. Mohammad Yousuf alumnus of K.R. Mangalam University, winner of IIM finance league winner and now founder and CEO of Edunify ( a startup which lists best school around) and winner of IIM finance league winner. In his guest lecture he briefed about various hurdles that exist while setting up a startup venture beginning with funding and financing, then conversing period with clients and finally the investment strategy execution.
Mr. Ayush Rajput, innovator, entrepreneur, and founder of Millennials Club in his address spoke about failures and qualities that make good entrepreneurs. He said “failure is a failure until you reach success” he also emphasized on qualities one must imbibe to reach where they want which includes hands on experience and licensing and patenting norms understanding.
It was pleasure to listen to the alumni sessions. It was indeed a moment of pride for all the students of KRMU who felt inspired by their success stories.Dr. Richa Nangia, Dr. Avjeet Kaur and Dr. Anshika Prakash from School of Management and Commerce coordinated the sessions.