Apeejay School of Management (ASM), Dwarka recently hosted a guest lecture delivered by Mr. Pranav Gautam, an ex banker with more than 13 years of experience of working with different banks and financial institutions. Conducted under the course of Accounting for Managers, the session began with the introduction of Mr. Pranav Gautam highlighting his professional journey from Oberoi Wildflower Hall to Yes Bank, where he served as a Branch Manager and Cluster Manager respectively.
He also highlighted his journey as entrepreneur and discussed the journey of starting WeNext Global Services in 2021.Pranav is also a certified Life Empowerment Coach from the International Business Management Institute (IBMI), which adds to his holistic approach to financial and personal development.
Addressing the participants, Mr. Pranav’s lecture revolved around core aspects of Wealth Management that provided a comprehensive guide on investment strategies. The session highlighted the following key topics:
What is Wealth Management
Mr. Pranav began by explaining the importance of wealth management, which involves the professional handling of financial planning, investment portfolios, and other financial services. Wealth management aims to help individuals grow and protect their wealth over time.
What is Investing
He explained that investing is the act of allocating resources, typically money, in order to generate income or profit. The lecture stressed that investing is not just for the wealthy but for anyone looking to grow their financial resources.
Types of Investments
The various types of investments were discussed, including-: Stocks, Bonds, Mutual Funds, Real Estate. Each investment type carries different levels of risk and return potential, and Mr. Pranav offered insights into how individuals can select the right one based on their goals and risk tolerance.
How to Invest
Mr. Pranav provided practical steps on how to begin investing. He outlined the importance of understanding one’s financial goals, evaluating risk appetite, and researching various investment options before making decisions.
Benefits of Investing
The session highlighted several benefits of investing, such as capital appreciation, income generation, and tax benefits. Mr. Pranav also discussed how investing can contribute to long-term wealth creation.
Why Investing is Better than Saving
Mr. Pranav drew a distinction between saving and investing, emphasising that while saving ensures safety of capital, investing offers opportunities for growth. He stressed that inflation erodes the value of money kept in savings, whereas investments have the potential to outpace inflation and generate wealth over time.
How to Develop an Investment Strategy
A significant part of the lecture focused on creating a personalised investment strategy. Mr. Pranav emphasised the importance of setting clear financial goals, understanding market conditions, and diversifying one’s investment portfolio to minimise risks.
How to Start Investing
To wrap up the session, Mr. Pranav provided practical advice on how beginners can get started with investing. He recommended starting small, staying informed, and continuously learning about market trends and financial instruments.
An MBA student Abhilasha Singh said, “Mr. Pranav Gautam’s recent guest lecture on wealth management was insightful and engaging. He covered key topics such as investment strategies, risk management, and long-term financial planning, providing valuable insights for both novice and experienced investors. The interactive Q&A session deepened understanding, and more sessions on advanced topics would further enrich participants’ knowledge. We appreciate his time and expertise.”
Another participant Om Kumar Yadav highlighted, “”We extend our sincere gratitude to Mr. Pranav Gautam for delivering an insightful and captivating corporate guest lecture on wealth management. His comprehensive coverage of essential topics, including investment strategies, risk management, and portfolio diversification, provided valuable insights for both novice and seasoned investors.”
Student Isha Kumari said that the lecture was well-structured and demonstrated in-depth knowledge. “More sessions on advanced topics like estate planning, cryptocurrency, and real estate investments could further build on this foundational knowledge,” she added.
Subsequently, Aishwarya Yadav emphasised, “Mr. Pranav Gautam effortlessly covered essential topics. His emphasis on long-term financial planning was a game changer, showcasing the power of asset allocation and the magic of compounding in building wealth over time. The interactive examples and lively Q&A added a personal touch, turning complex concepts into digestible insights. We’d love future talks on advanced topics like estate planning, cryptocurrency, and real estate investments.”
Mr. Pranav’s engaging delivery, combined with his extensive experience, left a lasting impression on the audience. His insights into wealth management, along with actionable advice, provided attendees with a clear pathway to begin their investment journey. The valuable insights gained from this session will certainly contribute to financial understanding and personal growth of students.
The session ended with a vote of thanks to Mr. Pranav Gautam for taking the time to share his knowledge and wisdom.