Date: March 15, 2015
IIT Alumni Association Korea aims to provide a platform to all alumni to inspire and learn from each other. Since a lot of current members have graduated from IIT in last 1-2 years we realized the importance of having a session on managing money, investments and personal finance. Mr.Jalaj Jain, who is a Senior Engineer at Samsung Electronics and also Vice President (Finance) of IITAA, Korea has had extensive experience in this field and was willing to share his hard earned knowledge and experience to everyone.
Thus the ‘Finance Know Know‘ session took shape on Sunday, 15th of March. Almost all of the youngest members in the group participated in the event. The session started with the importance of money and personal financial discipline; and proceeded to few broad principles that will help start the investing journey. Mr. Jain shared his journey over years and difficulties he has faced by poor, emotional decisions; and pointed out to lessons that he learnt from those experiences. The session followed with a brief introduction to various financial instruments and ended with Q&A.
All in all, this event was a huge success for the team and provides a framework for us to carry forward our work and make meaningful strides for our members and association. Below are few testimonials from attendees, also PFA pics from the event.
“The Finance know-how session was very informative. The information about stocks, bonds, and other instruments to save and compound money was helpful to me as a beginner. This coupled with the real life experiences described in the session highlighted the importance of finance management. Though the session was an introduction to the world of Personal Finance, it sure did point me in the right direction to explore further. I hope that more such sessions are conducted in the future.”
“The Sunday’s event was a good insight on different ways of handling the money for greater returns. Many things were covered and useful tips and places to start were provided. Of course we need to invest time in order to carry on, but a lot was saved in terms of the research that we would have to do if we started from scratch.”