FDP ON DEMYSTIFYING DERIVATIVES AT TKM INSTITUTE OF MANAGEMENT, KOLLAM

Faculty Development Programme on commodity and financial derivatives was organized at TKM Institute of Management; Kollam on 4th and 12th November2011 in association with Hedge School of Applied Economics, Cochin, coordinated by FDP team and the Finance club of TIM. The FDP was inaugurated by IIM alumnus, Prof. A M Salim, Emeritus Professor, TIM and former Chairman, Federal Bank Ltd. During the two day programme, sessions were handled by Dr. S. Kevin, Director TIM, former Pro-Vice Chancellor, University of Kerala and N.P. Rajive, Dean, Hedge School of Applied Economics. Dr. S. Kevin emphasized the importance of derivatives in the financial market as instrumental in alienating the risk factors. He imparted simplified and comprehensive knowledge on the fundamentals of Forwards, Futures and Options followed by a practical training on the selection and trading of the derivative instruments based on market fluctuations. Participants were exposed to the recent trend of Global indices and trading through virtual market. Mr. Rajive N.P. elucidated the practical application of option strategies in current market scenario. He urged the participants to develop a view on the market after identifying primary and secondary trends and then assume different positions to minimize loss on option trading. There was an open session for discussion and clarification of doubts regarding option trading strategies. 30 participants from B-schools, industry and Arts& Science Colleges in South India attended the FDP. Certificates of participation were distributed in the valedictory session by Professor P. Nizzar (Dean) and Sadiq S. Thaha (Administrator). An advance certificate course on derivatives was promised to be offered by Dr. S. Kevin