The resource person for the lecture was CA Mr. Vishal Sharma, Director – ECOO Global Advisors.  Mr. Vishal is having an experience of more than 17 years. His key expertise area is corporate finance and project appraisal.

The session was started with the welcome of Mr. Vishal by Dr. Vinay Srivastava with plant sapling. Mr. Vishal started his lecture with the introduction to capital budgeting techniques. He interacted with students on the application of NPV & IRR techniques in the industry. He took up a case of mobile industry and elaborated in details the facts of the industry.

 He told students that recently Central Government has asked Mobiles units to manufacture maximum part in India so that employment can be generated in India. For this mobiles units prepared a project estimating the parts which can be manufactured in India. For this NPV technique of capital budgeting was used and using this techniques government imposed 10% tax on import from china and introduced subsidy for Indian manufacturers. He also discussed that qualitative factors are also important with quantitative factors for evaluating a Project.

He also discussed the preparation of cost sheet for different parts like PCPA, Display unit, panel etc. He shared the factors affecting a project approval from government. He majorly emphasized on the generation of revenue for company as well as for government from the project. He also discussed the simple payback technique for evaluating the project. In closing of the session he asked students to be expert in MS EXCEL and Financial Modelling for bright future in finance industry. At the end Dr. Puneet Kumar presented a memento to Mr. Vishal Sharma