Faculty Members

  • Mrs. Renu Verma – Convener
  • Mrs. Ranjana Mhalgi
  • Mr. Mahesh Kandalkar
  • Mrs. Sunita Sidhani

2023-24 Activities

Bridge course for first year students of BI

Name of the Department: Department of Banking and Insurance

Name of the Event: Bridge course for first year students of BI

Date:13th July 2023 to 18th July, 2023.

Purpose of the Activity: The main objective of the course was to bridge the gap between what they already learnt and preparing them for their present syllabus. The following topics were covered in the session.

●      BODMOS rule

●      Percentage

●      Gain and Loss

●      Gain/Loss percentage

●      Equations and Inequations

●      Equation of line

●      Graph of Linear equation

●      Ascending and Descending order

●      Plotting points on a Graph paper and deciding scale

●      Calculations using calculator

 

The students were finding it difficult to understand the concepts initially but slowly they were able to catch up.

Interactive sessions, participation of Students and Quizzes were conducted during the session. A post bridge course test was conducted after completion of the syllabus to assess the student’s ability.

Outcome: Student’s response was very good and I felt confident to learn Semester mathematics. Also their performance in quizzes were quite good.

Total Audience for the same were:

Male : 23

Female : 18

Intercollegiate Quiz Competition on Nationalisation of Banks in India on Bank Nationalisation Day

Name of the Department: Department of Banking and Insurance

Name of the Event: Intercollegiate Quiz Competition on Nationalisation of Banks in India on Bank Nationalisation Day

Date: 19th July 2023

Time: 10.00am

Venue: SIA college Auditorium

Purpose of the Activity: The main purpose of the activity is to make the students aware of the importance of Day.

Outcome:  20 Groups (40students) participated in the quiz including students from Pendharkar college, Pragati college, Royal college and so on

Total Audience for the same were:

Male : 47

Female : 75

First Year BI students Orientation Program

Name of the Department: Department of Banking and Insurance

Name of the Event: First Year BI students Orientation Program

Date: 12th July 2023

Time: 10.00 am

Venue: Room no 309

Target Audience: FYBI

The Department of Banking and Insurance organised an Orientation Program on 12th July 2023 at 10.00 am for the students of FYBBI students to orient them regarding the course. The students were oriented by giving various information on the subject, activities conducted by the department and college, various committees in the college, placement and internship given by the college and various other facilities given by the college.

Our Principal Dr. Padmaja Arvind addressed the students and explained to them the importance of the course and what will be the takeaway by the students from the S.I.A college of Higher Education. Students from SYBBI and TYBBI also shared their experience.

Total Beneficiaries: 36

Male : 11

Female : 25

Bankers Freshers Interaction

Name of the Department: Department of Banking and Insurance

Name of the Event: Bankers Freshers Interaction

Date: 9th August 2023 Time: 11.00 am

Venue: SIA college Auditorium

Target Audience: FYBI, SYBI, TYBI

The Department of Banking and Insurance under the Bankers and Movers club organised Bankers Freshers Interaction at SIA college Auditorium on 9th August 2023. The main objective of the activity is to involve all the department students together so that they communicate with each other in future.

Our Principal Dr. Padmaja Arvind addressed the students and explained to them the importance of the course and what will be the takeaway by the students from the S.I.A college of Higher Education. Students from SYBBI and TYBBI also shared their experience with FYBI students.

Total Beneficiaries: 92

Male :37

Female :55

Counselling Session on Mental Health for FY BBI

Name of the Committee: Student Council 

Name of the Event: Counselling Session  on Mental Health for FY BBI

Organizing Agency : College Counselling Hub – Counsellor

Date: 25/07/2023

Time:10am – 11.00am

Venue : Classroom 307

Purpose of the Activity: Awareness of Mental health among  students and ways to improve mental well being .

Outcome:

First year Students were made aware of the counselling cell , role of a counsellor in the college and availability. The Session covered topics such as what is mental health, importance of mental health ,signs of poor mental health : (lack of focus, irritability ) ,signs of good mental health , Myths of mental health etc.

Students actively participated in the discussion and also learned ways to take care of mental health on a daily basis.

Total beneficiaries:   44 ( 22 female and 22 male )

Counselling Session on Stress Management and Mental Health for SY BBI students

Date :  10/08/2023

Time: 11.00 am

Name of the event : Counselling Session  on Stress Management and Mental Health   for SY BBI students

Organizing Agency : College Counselling Hub – Counsellor

Venue: Classroom

Purpose of the event :  Managing Stress  among  students and ways to improve mental well being .

Outcome: Second year Students were made aware of role of a counsellor in the college and availability. The Session covered topics related to signs of poor mental  health , good mental health , good and bad stress ,stressful situations like exams, interviews, relationships. Consequences of unmanaged stress were also discussed. Students were made aware of different ways to manage stress in day to day life.  Students were encouraged to practice hobbies, meditation, exercise etc

Students actively participated in the discussion and also learned ways to take care of stress and mental health on daily basis.

Total beneficiaries:   40 (30 female and 10 male) students.

Counselling Session on Stress Management and Mental Health for TY BBI students

Date :  08/08/2023

Time: 11.00 am

Name of the event :  Counselling Session  on Stress Management and Mental Health   for TY BBI students

Organizing Agency :  College Counselling Hub – Counsellor

Venue: Classroom

Purpose of the event :  Managing Stress  among  students and ways to improve mental well being .

Outcome: Third year Students were made aware of role of a counsellor in the college and availability. The Session covered topics related to stressful situations like exams, interviews, relationships. Topics such as Overuse of social media, laziness, procrastination, Consequences of unmanaged stress were discussed. Students were made aware of different ways to manage stress  in day to day life.

Students actively participated in the discussion and also learned ways to take care of stress and mental health on daily basis.

Total beneficiaries:   47 ( 35 female and 12 male ) students

2022-23 Activities

Investment awareness Program Report

Investment awareness Program Report

Banking and Insurance Department had organized a session on “Investment awareness program on Exchange traded Commodity Derivatives on 22nd September, 2022 at 10.00 a.m. in the auditorium.Mr.Amogh Gothoskar was the resource person for the session. Amogh sir covered the following topics in commodity derivatives.

1) Trading Cycle (Contractual terms, Clearing services, Settlement)

2) Spot Commodity Market

3) Derivative Commodity Market

He also said that precisely there are 152 commodities to choose from for investment/arbitrage/hedging/speculation purposes.

He recommended the following four commodities for investment

1) Gold/Bullion –Long hedge & Short hedge strategies, most gold into India comes from Switzerland, Dubai & Finland. Price is determined on the basis of purity.

2) Crude oil- Types of oil indexes are-WTI /ASCI, BRENT CRUDE, DUBAI CRUDE. Ancillary products are fibers, polymers, furnace oil, petrol /diesel, aviation turbine fuel .India imports crude oil from Iran, OPEC, Russia, Ukraine and USA. It is found in the form of sour and sweet.

3) Soybean –Reasons to invest are

To enhance physique, endurance, stamina, standard of living, looks, going vegan etc.

Alternative for lactose intolerant people.Most important component for athletes, bodybuilders, weight lifters etc.

4) Copper- Only commodity used in mostly all business activities, mainly used to make wires in the form of copper cathode (99.99%cu) demand is extremely high.

68 students from second year and third year of banking and insurance attended the session.

Activity In charge: Mr. Mahesh Kandalkar

Male: 22

Female:46

Total: 68

Video screening on Nationalisation of Banks in India on the occasion of Bank Nationalisation Day

Name of the Department: Department of Banking and Insurance

Name of the Event: Video screening on Nationalisation of Banks in India on the occasion of Bank Nationalisation Day

Date: 19th July 2022

Time: 7.20 am to 2.00 pm

Venue: Class wise screening

Purpose of the Activity: The main purpose of the activity is to make the students in the campus aware about the importance of Day.

Class Male Female Total
FYBI 77 36 53
SYBI 14 33 47
TYBI 12 22 34
SYBAF 14 41 55
TYBMM 07 04 11
FYBCOM 84 110 194
TYBCOM 49 47 96
FYBAF 25 36 61
SYBMS 33 46 79
SYBSC.IT 25 8 33
FYBSC.IT 41 29 70
FYBMS 39 35 74
TYBMS 33 44 77
Total 393 491 884

Inter Departmental video presentation competition

Name of the Department: Department of Banking and Insurance

Name of the Event: Inter Departmental video presentation competition

Date: 25th August, 2022

Time: 11.00 am

Venue: Auditorium

Purpose of the Activity: The Department of Banking and Insurance under the Bankers and Movers Club organised video presentation competition on 25th August, 2022
In the video presentation competition 16 groups and 8 individual participants participated in the competition. In all 24 videos were screened.

Activity In charge: Mrs. Sunita Sidhani

Total students present for the competition:

Males: 30

Females: 40

Investor Awareness Program

Name of the Department: Department of Banking and Insurance

Name of the Event: Investor Awareness Program

Collaborating Agency: Central Depository Services Limited and Krisha Foundation

Resource Person: Ms. Reshma Verma- officer, Investor Awareness Department, CDSL and Yuvrajsinh Desai – Trainer, Krisha Foundation

Date: 19th July 2022

Time: 10.30 am

Venue: Auditorium

Target Audience: SYBI and TYBI

The Department of Banking and Insurance organised a session on Investor Awareness Program – Basics of Investment and Depository services on the occasion of Bank Nationalisation Day. The session focused on the various financial services provided by CDSL and also the working of CDSL. The resource person also highlighted the working of Mutual funds and various types of Mutual funds and its process.

Activity In charge: Mrs. Renu Verma, Mrs. Ranjana Mhalgi and Mr. Mahesh Kandalkar

Male Beneficiaries: 56

Female Beneficiaries: 28

Total Beneficiaries: 84

First Year BI students Orientation Program

Name of the Department: Department of Banking and Insurance

Name of the Event: First Year BI students Orientation Program

Date: 16th July 2022

Time: 10.30 am

Venue: Room no 405

Target Audience: FYBI

The Department of Banking and Insurance organised an Orientation Program on 16th July 2022 at 10.30 am for the students of FYBBI students to orient them regarding the course. The students were oriented by giving various information on the subject, activities conducted by the department and college, various committees in the college, placement and internship given by the college and various other facilities given by the college.
Our Principal Dr. Padmaja Arvind addressed the students and explained to them the importance of the course and what will be the takeaway by the students from the S.I.A college of Higher Education. Students from SYBBI and TYBBI also shared their experience.

Total Beneficiaries::38

Counseling session for the students of SYBI and TYBI

Name of the Event: Counseling session for the students of SYBI and TYBI

Date: 29 Jun 2022,

The Department of Banking and Insurance organised a counseling session on 29th June 2022. The session as conducted by the college counselor Radhika Bhosale
Male Beneficiaries: 53
Female Beneficiaries: 21
Total Beneficiaries: 74

Activity Incharge: Mrs. Ranjana Mhalgi

Department Activities

2021-2022

Name of the Event: How to buy & sell shares, Demat & Introduction to Depository Services

Date: 27th November 2021
Time: 11:00 am

The Department of Banking & Insurance and Industry Academia In association with Blue Online Services organised a Financial Literacy session on How to buy and sell shares, Demat and Introduction to Depository Services for students to celebrate World Investors Week on 27th November 2021 at 11.00 am on Microsoft Teams. The Resource Person was Mr B. Masthan Basha, BFSI professional. Topics covered were: Investment in shares, Demat Accounts, Depository services etc.

Resource Person: Mr. B. Masthan Basha

105 students attended the session.


Name of the Event: Capital Awareness

Date: 25th November 2021
Time: 2:30 pm

The Department of Banking and Insurance organized a session on “Capital Awareness” under investors awareness program on 25th November 2021 at 2:30pm on Microsoft teams

Resource Person: Mr. Amogh Gothoskar

97 Students attended the session


Name of the Event: How to create Effective Forms

Date: 9th October 2021
Time: 10 am to 11 pm

The Department of Banking and Insurance organised a session on – How to create Effective Forms on 9th October 2021 from 10.00 am to 11.00 am on Microsoft teams Platform.

The Resource person for the session was Mrs. Sandhya Pandey, Assistant professor, Department of Information Technology. Theory and Hand on training was imparted to students by madam.

Objective of the session: The main objective of the session was to teach FY and SY BBI students how to create, best organize and analyze responses of Google Forms which they can use for completing their Foundation course projects.

Outcome of the session: Students were able to create their own forms and will be using them in their FC projects.

69 students were benefited from the session


Name of the Event: Examination Process and Bank Exams preparation –Tips and Trick

Date: 1st October 2021
Time: 10 am to 12 pm

Department of Banking & Insurance and Placement Cell organised a session on “Examination Process and Bank Exams preparation –Tips and Trick” on Microsoft Teams on 1st October 2021 from 10.00a.m. to 12.00 p.m. Assistant Professor Mrs. Sunita Sidhani Welcomed Mrs. Renu Verma, Convener of Banking & Insurance Department, Vice Principal Mrs.Booma Halpeth, Convener of Placement Cell and Mr. Aniket Karane faculty from Time Institute.

Mr. Aniket Karane enlightened students about Banking Sector, Vacancies in Banking Sector, Exam pattern and Selection process. He explained about growth prospects in the Banking sector. He also discussed sample questions and gave tips to succeed in the exams.

196 Students benefited from the session.

55 Students from Outside college.


Name of the Event: Orientation Program

Date: 9th September 2021
Time: 11 am

The Department of Banking and Insurance organised an Orientation Program on 9th September,2021 at 11.00 am for the students of FYBBI students to orient them regarding the course. The students were oriented by giving various information on the subject, activities conducted by the department and college, various committees in the college, placement and internship given by the college and various other facilities given by the college.

Our Principal Dr. Padmaja Arvind addressed the students and explained to them the importance of the course and what will be the takeaway by the students from the S.I.A college of Higher Education. Students from SYBBI and TYBBI also shared their experience.

33 students were present for the orientation program.


Name of the Event: Saving & Investment Options

Date: 31st July 2021
Time: 1.30 pm to 3.00 pm

A Session on Savings & Investment was organized by the Department of Banking & Insurance on 31st July 2021 from 1.30 p.m. to 3.00 p.m. Mrs. Madhuri Maharao from Manjunatha College was the resource person. She is a financial advisor. She explained the concept of savings and investment and explained various investment options such as Post office saving schemes, Public provident fund, Insurance.

Activity In charge: Mahesh Kandalkar

25 students and 3 Faculty attended the session.


Name of the Event: Journey to Success -To know the Fundamentals for being successful in your life

Date: 05th March 2022
Time: 9.00 am

The Department of Banking and Insurance organised session on Journey to Success -To know the Fundamentals for being successful in your life on 5th March 2022 at 9.00 a.m. at college Auditorium. Prof. Rooshikesh Jade, Assistant Professor, The S.I.A College of Higher Education was the session resource person.
The session focused on principles required for being successful. Resource person also highlighted the importance of SMART Goal setting, attitude and shared key points one should know to be successful. Also shared practical examples of a few personalities.

Activity In charge: Mrs. Sunita Sidhani

Male Beneficiaries- 13 students
Female Beneficiaries- 58 students
Total Beneficiaries- 71 students


Name of the Event: Session on Procedure of Will, Probate & Estate Planning

Resource Person: Advocate Kunal Mankani practicing lawyer, Mumbai High Court

Date: 29th March 2022

Time: 1.00 pm

Venue: Auditorium

Target Audience: SYBI

Resource person covered the practical aspects of Will, Probate & Estate planning. All court cases examples were given by the resource person with respect to will and Probate.

Activity In charge: Mr. Mahesh Kandalkar

Male Beneficiaries: 13

Female Beneficiaries: 02

Total Beneficiaries: 15


Name of the Event: Visit to RBI Museum and RBI main Office

Date: 12th April 2022

The Department of Banking and insurance organized a visit to the RBI museum and RBI office. Students got a great exposure to the historical coins and Currency from the prehistoric period till date. The RBI officers to name few Vishwanath karange sir, Radha Tamang madam and many other RBI staff interacted with the students and provided them with the lot of information with respect to Forex market, Functions of Financial planning, financial literacy and recent frauds happened due to digitalization and many other aspects with respect to financial market was covered.

Activity In charge: Mrs. Ranjana Mhalgi Mrs. Sunita Sidhani and Mr. Mahesh Kandalkar

Total 39 students along with 2 teaching staff visited RBI


Name of the Event: Session on Procedure of Will, Probate & Estate Planning

Resource Person: Advocate Kunal Mankani practicing lawyer, Mumbai High Court

Date: 29th March 2022

Time: 1.00 pm

Venue: Auditorium

Target Audience: SYBI

Resource person covered the practical aspects of Will, Probate & Estate planning. All court cases examples were given by the resource person with respect to will and Probate.

Activity In charge: Mr. Mahesh Kandalkar

Male Beneficiaries: 13

Female Beneficiaries: 02

Total Beneficiaries: 15


Name of the Event: Session on “Indian Contract Act and Company Law with special reference to Case Laws”

Resource Person: Advocate Kunal Mankani practicing lawyer, Mumbai High Court

Date: 29th March 2022

Time: 11.00 am

Venue: Auditorium

Target Audience: FYBI and SYBI

The session started with a motivational story with a Moral: “always have a Goal in Life”. Sir then touched upon the important aspects of Indian Contract Act, 1872 and Companies Act, 2013 with day-to-day interesting examples. Famous Case Laws were highlighted and explained with ease by Sir to make these Laws more understandable.

Students were motivated to ask questions. The session was very interactive, informative and was a happy learning experience for all.

Activity In charge: Mrs Sunita Sidhani

Male Beneficiaries: 53

Female Beneficiaries: 17

Total Beneficiaries: 70


Name of the Event: “Effective PowerPoint Presentation and Use of Prezi”

Resource Person: Mrs. Sandhya Pandey

Date: 29th March 2022

Time: 10.00 am

Venue: Auditorium

The Resource person highlighted on How to prepare effective PowerPoint Presentation, Guidelines for Effective presentation. Online Tool Prezi was also covered. Resource person explained to the students how to login for Prezi and How to prepare a Presentation on Prezi. Hands on session was also given to the students.

Target Audience: FYBI and SYBI

Male Beneficiaries: 68

Female Beneficiaries: 13

Total Beneficiaries: 81


Name of the Event: Challenges Faced by Banking Industry with Special reference to Frauds

Resource Person: Mr N. Aravinda Lochan, (Ret) R.M.(ME), SBI.

Date: 30th March 2022

Time: 10.30 am

Venue: Room no G6

The Resource person highlighted various challenges faced by the Banking Industry. Fraud was the major area covered. Sir also shared practical cases with respect to fraud in the banking industry with the help of examples.

Activity In charge: Mr. Mahesh Kandalkar and Mrs. Ranjana Mhalgi

Male Beneficiaries: 69

Female Beneficiaries: 35

Total Beneficiaries: 104


Name of the Event: One Day Student Seminar on Opportunities and Challenges in BFSI Sector Post Covid.

Date: 25th March 2022

Time: 10.00 am to 5.00 pm

Venue: College Auditorium

Chief Guest and Judge for the Seminar: Dr. Neelam Shaikh Joshi Bedekar college, Thane

Objectives of Seminar:

1. To provide a forum for interaction among students and experts,

2. To facilitate knowledge sharing, experience and emerging best practices

Outcome: Students presented research paper on various topics like Digitalisation of Insurance, Children Policy, Start Ups challenges and Issues, Health Insurance and many such other areas were covered.

Total number of groups presented Research paper: 32 groups (71 students)

Male Beneficiaries: 40

Female Beneficiaries: 105

Total Beneficiaries: 145

 


Name of the Event: One Day workshop on ‘B2B Digitization in Banking, Finance and Insurance’

Resource Person: Mr. Madhav Laxmiprasad Mishra

Date: 11th March 2022.

Time: 10.00 am

Venue: College Auditorium

Purpose of the Activity: The purpose of the workshop was to make the students aware about the recent digitalisation in Banking, Finance and Insurance sector. Also, to bridge the gap between industry and academics.

Outcome: The workshop helped the students to acquire knowledge about the recent developments in the above areas.

Male Beneficiaries: 52

Female Beneficiaries: 127

Online Beneficiaries: 36

Total Beneficiaries: 215

 


Investor Awareness Program and Financial literacy among women on 4th March 2022

The Department of Banking & Insurance of The S.I.A. College Of Higher Education in association with Financial Planning Academy Organised a session on Investor Awareness Program and Financial literacy among women on 4th March 2022 at 1.00 pm.
This session is organised for all girl students and women teaching and non- teaching staff.

Total Beneficiaries = 54


Project Guidance Session on 22nd January 2022 :

The Department of Banking and Insurance organised an Online Project Guidance session for TYBBI Students on 22nd January, 2022 at 9.00 am on Microsoft teams Platform.

The Resource person the session was Mrs. Dr. Komal Bodhwani, Assistant professor, HOD Commerce dept. , S.H.M College of Commerce , Ulhasnagar.

43 students along with 3 Faculty attended the session.

 


Session on 18th December 2021:

The Department of Banking & Insurance Organized a session on “An Overview of Banking System and Central Banking” on 18th December 2021.The resource person for the session was Mr. Krishnan Chari, Chief Risk Officer Worldline Global. During the session sir provided the information about the working of the central bank and presented a sample of RBI report to the students. The session was attended by FYBI, SYBI,TYBI ,TYBMS,SYBMS and TYBAF students.

Total Beneficiaries: 170
Female :110
Male: 60

 

2020-2021

Activity 2020-2021 – View

2019-2020

Activity 2019-2020 – View

2018-2019

Activity 2018-2019 – View

2017-2018

Activity 2017-2018 – View

2016-2017

Activity 2016-2017 – View

Write Ups

The SIA College of Higher education started the BBI (Banking and Insurance) degree in the academic year 2010-11

The BBI course has been designed to create trained professionals who can :

  • Handle various financial activities associated with banking and insurance sectors.
  • Operate efficiently in the Banking and Insurance environment in the financial service sector.
  • Handle various technologies employed in the field of Banking and Insurance.

The BBI course offers to enrolled candidates :

  • Knowledge of different aspects of Banking and Insurance.
  • Thorough understanding of the practical application of the theory.
  • Advanced lessons in Financial Management, Ethics , Financial Reporting and Analysis and many more.

About the Club : Bankers and Movers club

After the advent of Liberalization, Privatization and Globalization, the doors
Of Indian economy were opened to the world. As a result of which Private
and Foreign Banks came into business in India. This has created stiff competition in the market. There is a huge requirement of trained, qualified and competitive Banking & insurance manpower.

The B & I Club was formed with the objectives like :

  • To explore the skills and qualities required for working in banking and insurance industry.
  • To inculcate training and practical approach by using modern technology related to banking and insurance amongst the students.
  • To prepare employable workforce in B&I through Industry interface, Bank visits and projects and presentations.