Thursday 16 May 2013

HOD Prof C.P.Gupta Interviewed by Times Of India


The Master in Finance and Control programme offered by the Department of Financial Studies, University of Delhi, is popular with finance enthusiasts. CP GUPTA, dean, DFS, shares the essential components of the course in an interview with Garima Upadhyay Rawat.

What is the focus of the Master of finance and control programme?
The focus of the programme is primarily on finance and accounting. Hence, the whole curriculum is developed around that. Some courses, especially from economics and mathematics and statistics, are supporting courses. Quantitative finance is the forte of the programme.

How is the programme different from an MBA in finance course?
There are certain similarities like both are two-year regular programmes. Also, in both the programmes, students are exposed to papers on accounting and finance. However, there are sharp differences as well. MFC starts with all finance courses from the first semester and in the first year itself, students have to study seven courses exclusively related to accounting and finance while in MBA (finance) students study three to four courses related to accounting and finance. Our students are not studying courses related to HRM, OB, marketing and operations while in the first year of MBA (finance) they have to study all such courses. The first year of any MBA programme is the same for all specialisations. To specialise in finance in MBA, one has to study four-six finance related courses in the second year of the programme, while in our programme, all papers in the second year are only finance papers. MBA (finance) students may earn dual specialisation; in fact, it is observed that most students in MBA programmes go for dual specialisation.

What is the teaching pedagogy that is adopted at the department of financial studies?
The teaching methodology consists of lectures, case discussions, seminars, business games, role-plays, presentations, field visits, etc. Our students are trained specially in EXCEL, Eviews, and SPSS and financial modelling. The department maintains close contact with the industry by inviting professionals to hold seminars for students.

What kind of research is taking place in the department?
Most of our research students are working in areas of assets pricing and investment strategies. However, some research scholars are working in the areas of balanced score card, mutual funds,corporate governance, CSR, and investment decisions.
How does the programme equip one with the right professional skills?
The Master in finance and control programme aims at equipping students with the requisite knowledge, skills and capabilities in areas of financial planning, decision-making and control.
At the department, through course work and practical exposure, students are prepared to take on the challenges of an emerging and complex financial world. They are trained in necessary knowledge and skills for applying the same to handle issues of finances in the corporate world. The department of financial studies tries its best to produce students who are sincere and have integrity.
The department maintains close contact with the industry by inviting professionals to hold seminars for students.