The Department of Commerce and Business Studies, Jamia Millia Islamia (JMI) organized a Webinar on ‘Commodity as an Asset Class’, in collaboration with Multi Commodity Exchange (MCX) of India Ltd. on 25th March, 2021. This was the fourth such program held to provide valuable insights about Commodity Derivatives Market. The webinar was conducted through the Google Meet platform and attended by 100 participants comprising of students, research scholars and faculty members.
In his welcome remarks, Prof. NUK Sherwani, Head, Department of Commerce and Business Studies, emphasized the importance of a strong academia-industry linkage to enable the students supplement their academic knowledge with practical aspects from the industry. He thanked the resource person, Mr. Sanjay Gakhar, Vice President, Business Development, Multi Commodity Exchange (MCX).Prof. Naseeb Ahmad, Advisor, Subject Association and convener of the webinar, discussed the relevance of such expert sessions to help students enrich their knowledge and understanding and keep themselves abreast with the changes taking place in the business world.
Mr. Sanjay Gakhar, Vice President, Business Development, Multi Commodity Exchange (MCX), delivered a comprehensive and thought-provoking presentation on Commodity market and discussed the significance of commodities as an Asset Class and explained various issues related to the functioning and investment opportunities in commodity derivatives. The session enabled the participants understand the intricacies of commodity market. He further deliberated upon the mechanism and significance of commodity market which is emerging as a very lucrative asset/ investment.Post presentation a question-answer session was held in which the participants raised several key questions and it further enlightened the participants and help them demystify the various issues related to the commodity market and investment.
Dr. Mohd. Atif presented the vote of thanks and acknowledged the valuable presentation and deliberations by the resource person Mr. Sanjay Gakhar and thanked the Vice Chancellor, Dean, Faculty of Social Sciences and Head of Department for their encouragement and support in organizing such events on regular basis.The webinar was successful in building a foundation for the students and young investors and creating interest among them to explore different avenues of investment and helped them to understand the various issues involved in the investment process especially in the category of commodity markets and derivatives.