Monday, January 19, 2009

FM with Sango..

A brief introduction ...Sandeep Gokhale joins JSW from the Vedanta Group where he was responsible for a host of key initiatives. During his thirteen-year tenure with the Vedanta Group, Mr. Gokhale held senior management positions and worked on several key initiatives. He conceptualised the roadmap for the Groups Rs. 6000 crore aluminium smelter complex in Orissa. Mr. Gokhale was also associated with the takeover of BALCO, Hindustan Zinc and other international mining assets during his tenure with the Vedanta Group.

Mr. Gokhale has done his post-graduation from the Jamnalal Bajaj Institute of Management Studies, Mumbai and is an Electrical Engineer from the Manipal Institute of Technology. . Currently he also takes classes for students across various institutes on subjects related to Finance; and is currently taking the subject FM for us :) Here was a person who took us 4 Straight hours of class with only a 15 mins break.... he took a abysmally low point in our day to the zeniths of F.A,C.A understandings.....(for some it was really hard to conc. with results being put up outside class notice board). Suddenly as if there was a magic charm I have started adoring P&L statements, Cash flows and all other financial instruments... The really wonderful aspect was that SanGo(as he is known :)) started with the theoretical part, and then took a tangential practical example (mostly from his Work-exp) and then went to the next tangent and then so on and so forth.. ultimately forming a perfectly round shape bringing us back to the initial understanding !! He gave us amazing insights into Taxation(thanks to real life PC example), depreciation and everything connected with them.. Did u know that the company has to file a min depreciation if in case they have to declare dividends ? And I really adored the practical example he gave of how the share prices of Tisco did a See-Saw, though the core competency of the group increased substantial.. and the only 2 cranes operating in Mumbai at this point of time are at the MIAL and Antilia (Mr.Mukesh Ambani's Mansion) .. Jai Ho ..Sango :)

No comments:

Post a Comment