IFIM Business School Inaugurates The Prabhudas Lilladher Finance Lab

The lab is designed to replicate a real life trading room. A Ticker tape which displays the near live rates from the Bombay Stock Exchange is also installed next to the lab and brings to life live markets into the corridors of an academic institution, another first in this country.  The lab aims to provide the students with their first experience in live trading in a controlled academic environment of IFIM Business School  The courseware designed around the lab enables the student to learn the nuances of account opening, know our customer, dematerialization equity trading , settlement, futures and option  trading, institutional trading and more.

This lab contains 15 workstations for students, each of which is fully equipped with a plethora of software for live and simulated trading, technical analysis, fundamental analysis, predictive charting software package, portfolio management and  information services subscriptions for providing students access to live information on the markets. The 40-inch LCD displays in the lab would feature current financial market information, headlines, lab hours and other announcements.  The lab will be further equipped with algorithmic trading platforms to enable the students to learn develop algorithms for automated trading.

Commenting on the inauguration, Mr. Sanjay Padode, Secretary - Centre for Developmental Education, IFIM, said, “Markets have been the driving forces for creating wealth in the last century. They will continue to drive economies in the future and it is important for MBA students to learn using the tools that give a scientific insight into the dynamics of the markets. The Prabhudas Lilladher Finance Lab will give our students their first taste of live trading action and also help them feel the impact of market dynamics in a controlled academic environment.”

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