Industrial Visits

2022-232021-222018-192017-18
A Field Trip (Excursion) to Mumbai Port Trust
Name of the EventA Field Trip (Excursion) to Mumbai Port Trust
Date & Time of the ProgramMonday, 6th March, 2023 from 7.00 a.m. to 1.30 p.m.
Field Trip toMumbai Port Trust, Yellow Gate, Indira Dock, Carnac Bunder Mumbai 400-009
Field trip organized byThe Department of Commerce, Mahatma Night Degree College of Arts and Commerce, Chembur, Mumbai
No of Participants44 students and 2 teachers
Objective
  • To experience the functioning of the Mumbai Port Trust.

  • To study the procedure and documentation for import and export trade.

  • To see the dock, cargo and commercial vessels, sub-marines, cranes and other parts of the port.

Field Trip Accompanied byAssoc. Prof. Dr. Lata Krishnan Head, Department of Commerce of the College.
Ms. Parveen Arif, librarian of the college.
No. of Beneficiary44 students from F.Y. B.Com., S.Y. B.Com., and T.Y. B.Com. of the college.

The teachers and students assembled at the Mumbai Port Trust Yellow Gate, Indira Dock, Carnac Bunder Mumbai 400-009 at 7.00 a.m.

Attendance was taken and group photograph outside the main gate was taken. The student leaders Iqra Mulla of S.Y.B.Com. and Rahul Gond of T.Y.B.Com. completed the paper work and security formalities.

The tour guide Mr. Shashikant Dande, deputed by MBT, arrived. All the students partook of breakfast and then proceeded to the tour.

Tour Guide Mr. Shahikant Dande gave a brief description and history of Mumbai Port Trust. He described it as the oldest natural port. He explained that, after the transfer of the Port and Island to the East India Company by Royal Charter in 1668, development of the Port started taking shape. Various measures such as construction of a Custom house, a warehouse, dry docks etc. were taken up by the Company to encourage trade. In 1813, an act of the British Parliament ended the Company’s commercial monopoly. This resulted in a great spurt in the trade of the Port. The year 1858 witnessed the exit of East India Company, and passing of Mumbai under the direct rule of the British Crown. In 1873, the present statutory autonomous Port Trust was set up for administering the affairs of the Mumbai Port. The opening of the Suez Canal in 1869 revolutionized the maritime trade of Mumbai. It shifted the whole scenario of import and export trade from the East coast to the West and Mumbai port became the principal Gateway of India. The first wet dock constructed in India was the Sassoon Dock at Mumbai in 1875 followed by the Prince’s and Victoria Docks in 1880 and 1888 respectively. However, Princess and Victoria Dock are being filled up to convert the consultant area to make temporary stacking yard for containers in connection with “Offshore Container Terminal” in Indira Dock. The Alexandra Dock renamed Indira Dock in January 1972, the most modern of Mumbai’s docks, was constructed in 1904-1914. To handle petroleum products and liquid chemicals, a jetty was constructed at Pir Pau in 1923 and a new modern jetty capable of handling tankers of 47,000 Displacement tons was commissioned in December 1996. A modern oil terminal at Jawahar Dweep with three berths was constructed between 1952-1956, and the fourth oil berth capable of receiving tankers upto 1,25,000 Displacement tons was constructed between 1980-1984.

The students walked through the port and witnessed the cars, busses and other automobiles lined up for export to Srilanka. Automobiles that had been imported were also lined up in the yards. It was an impressive sight. The students walked on to see the tall cranes that had grabs to lift loose cargo like grains and pulses. These were remote control operated and the students were keen to understand how they worked. A cargo ship was on the banks and the students were awe-struck by the sheer magnitude of the vessel. Further in the port they saw a commercial vessel, a cruise liner, that looked grand and impressive. The tour guide explained that it had a swimming pool and even hotels on different floors and that curse liners took passengers to Singapore, Goa and Vishakhapatnam. Mr. Dande took small groups of students to the Dry Dock, a special area off the port where ships were repaired and maintained. We could witness the huge ship on blocks below which repair work on the bottom of the ship was being conducted. This was an interesting sight to see. While walking from the Yellow Gate, we crossed the Blue Gate and Grey Gate and saw the Babasaheb Ambedkar administrative building.

The tour of the facility under construction, a five star hotel in the making by the Mumbai Port Trust, the Government of India and Travel and Tourism Department of India was an impressive sight. The students relaxed for a bit in this facility and moved to see submarines in action. We could see 3 submarines spurting out water at the far end of the Arabian sea. The Gate Way of India and the Taj hotel too were visible over the horizon.

The field trip ended after proposing a vote of thanks to the tour guide Mr. Shashikant Dande and the MBT authorities for the wonderful opportunity to visit the port.

BSE Brokers Forum Study Visit
Name of the Event BSE Brokers Forum Study Visit
Resource PersonDr. Aditya Srinivas
Date & Time of the Program5th August, 2022 from 2 p.m. to 3.45 p.m.
Venue Bombay Stock Exchange
Objective
To visit the Bombay Stock Exchange and provide information on the Indian Stock Market and Indian Economy
No of Participants46
No of Beneficiary 46

Study Visit to Bombay Stock Exchange Brokers’ Forum Date – 5th August 2022

BSE Broker’s Forum invited the student participants of An Introduction to Financial Markets Program to visit BSE on 5th August, 2022 between 2 p.m. to 3.45 p.m. in two batches. These 46 students gave their names to attend the study visit program and they have been divided into two groups to visit the BSE Brokers Forum. Asst. Prof. Harsh Shukla accompanied the students during the study visit. Students went through a very strict security check to enter the BSE premises. After entering the BSE Brokers Forum students were instructed not to use mobile phones in the building. Dr. Aditya Srinivas joined the students via google meet as he was out of the station. Dr. Aditya Srinivas opened the live terminal and explained the trading in the equity shares and gave practical information on the working of the stock market. He also explained the linkages between the stock market and the Indian Economy. Students asked many questions at the end of the session like how to become a trader, a career in the stock market and analytics, etc. Dr. Aditya Srinivas cleared all doubts of the students. Students were very happy for the first time visited the Dalal Street and Stock Market (BSE).

Full Name of the Student
Batch 1 - 2.00 p.m. to 2.45 p.m.Batch 2 - 3.00 p.m. to 3.45 p.m.
ARSATH BASHA ANSAR BASHA ERSHTH BEGUMSHAIKH TASMIYA IRFAN ZARINA
DHOLPURIYA LEKHRAJ HANUMAN DURGASHARMA AKASH KRISHNAMURARI ANGURADEVI
DHOTRE SONI AMRUTE KAMALASHENDGE HITESH PRAKASH SARIKA
GUPTA UMESH KUMAR RAMSEVAK MALWADEVISHIRKAR ANJALI SANTOSH SANGITA
JADHAV NEHA KUNJILAL UMAYADAV SHIVASANKAR THALAVAIDAS AMUDHA
JAJORIYA MAHESH RAVIRAJ KANTADEVIYADAV SWETA SUNIL KUMAR PREMSHELA
JIASWAL VIKAS CHANDRESHWAR MERADEVIGEORGE ALFIYA WILSON FRANCINA
KAMBLE PANDURANG SUGRIV VANDANAFULWARIYA POOJA GANPAT SHANTIDEVI
KANSARA KINJAL NARESH REENAGOND RAHUL SUKHDEV MUNNI
KASOTIYA JEEVRAJ AYADAN CHHOTIDEVICHAURASIYA RAJESH RAJKUMAR KISLAWATI
KEDARE SNEHA PANDHARINATH VIMALCHAVAN AKSHAY RAMESH SAVITA
KHAN USMAN ABDUL HANNAN SHAHJAHANGUPTA REKHA RAMAYAN ROSHANI
KHARATE ABHISHEK ASHOK MONIKAJAGTAP GAYATRI SHASHIKANT SANJEEVANI
KHARATMOL PRIYA LAXMAN BHARTIBAIKUSHWAHA ROHIT AMIT KUMAR MAYA
LOKHANDE VAISHALI GANESH KAMALNANGALIYA LAXMI LUNGARAM BHAVARIBAI
MANDAVARIYA ROSHAN SITARAM SUSHILASHAIKH MAHEFALAK KAMRUZZAMA SABA
MEMANE PRAGATI JAYSING NISHAKADRI MOHD SADIQ ABDUL RAZZAK FARIDA
NARDEKAR RUPESH UMAJI URMILAKAMBLE MITESH MANOJKUMAR SANGITA
PALIYA DEEPAK MANOJ SUNITADEVIKENGAR ABHIJIT SANJAY RESHMA
PINGLE CHETAN NANDKISHORE PRAVINA KOLI PRITESH BHASKAR BHARATI
RAI RAHUL VIMAL INDU DEVISHAIKH MOHAMMED ADEEL GULZAR AMINA
RANE SAHIL DILIP PRIYANKA PRIYANKASHAIKH SHAHRUKH ALAM IKABAL ALAM GULASHANBEE
SHAIKH SAMEER SHABBIRALI HUSNBANU

Study Tour to RBI Monetary Museum

Name of the EventA Study Tour to RBI Monetary Museum on 10th March, 2022
Organized byThe Department of Commerce and the Department of Economics of Mahatma Night Degree College of Arts and Commerce, Chembur, Mumbai 71
Objective of the sessionTo study the evolution of money in India
Contact PersonShri P. V. Radhakrishnan, Curator of the RBI Monetary Museum, Fort, Mumbai
Date & Time of the Program10th March, 2022 from 11.00 a.m. to 1.00 p.m.
VenueRBI Monetary Museum, Amar Building RBI, Ground Floor, Sir Phirozshah Mehta Road, Fort, Mumbai, Maharashtra 400001
No. of Participants50 students from F.Y.B.Com., S.Y.B.Com. and T.Y.B.Com.
The RBI Monetary Museum insisted that only 50 students participate in order to follow Covid-19 protocol. All students had taken 2 Covid-19 vaccines and wore face masks. Social distancing norms were followed.
Teacher CoordinatorsAsst. Prof. Harsh Shukla
Assoc. Prof. Dr. Lata Krishnan
Number of Beneficiaries50 students of the college

A Study Tour was organised for the students of Mahatma Night Degree College of Arts and Commerce to visit the RBI Monetary Museum, Fort with an objective to study the evolution of money.

The students and teacher coordinators assembled at the RBI Monetary Museum gate at 10.45 a.m. Two groups of 25 students each were formed. The first group was taken to the audio visual room to see a documentary on the evolution of money. The second group was taken to the museum to study the artifacts and understand the evolution of money. As the audio visual system was out of order the curator of the museum assembled all the 50 students in the museum and interacted with them. He asked them questions about money and its features. The students answered correctly and confidently. The evolution and history of money was traced right until the demonetisation period and the issue of the new currency notes in India. The students were engrossed in the interesting discussion.

After this talk the students lined up to study the artifacts in the museum. They were amazed at the manner in which money evolved right from the barter exchange system, commodity money, metallic money, coins and currency notes and plastic money. The measuring system, metric system were also on display and well explained. The RBI Monetary Museum study tour experience was thrilling and the students learned immensely. Money as a universal medium of exchange and measure of value was clearly understood.

A group picture was taken at the end of the tour and the students returned with notes on paper and notes in memory of the interesting facts learned. The students thanked the Department of Commerce and Department of Economics for arranging this study tour.

Talk on Investment Outlook 2019 at BSE

Mahatma Night Degree College of Arts & Commerce received a special invitation from Bombay Stock Exchange Brokers Forum for a Talk on “Investment Outlook 2019” by eminent personalities from the industry on 13th December, 2018. Principal Dr. Padma Rangan accepted the invitation and sent 30 students along with Asst. Prof. Harsh Shukla from the Department of Economics at BSE. They reached the venue at 4 p.m. Dr. Aditya Srinivas, Chief economist of Bombay Stock Exchange Brokers Forum welcomed the gathering and invited Managing Director and CEO of Motilal Oswal Asset Management Company, Mr. Ashish Sommaiya to speak on equity market. Mr. Sommaiya explained the current situation on India stock market and explained the future course of action in stock market keeping in mind the General Election 2019. Thereafter Mr. G. Chandrashekhar, a commodity market expert introspected the present, past and future of prices of various commodities in the world market and its impact on India. The last two speakers put forward there ideas and thoughts about currency market and reality sector. The present group of speakers was a part of great think tanks of the industry. Students themselves felt so lucky that they got an opportunity to listen to them. After the end of the session students took a group photograph with Dr. Aditya Srinivas.

Visit to Bombay Stock Exchange (BSE)

An Excursion to the RBI Monetary Museum

The Commerce Department of the College along with the Law and Economics Departments organized an excursion for the F.Y.B.Com. and S.Y.B.Com. students of Mahatma Night Degree College of Arts and Commerce, Chembur, Mumbai, to the RBI Monetary Museum on Friday 6th April, 2018 at 10.30 a.m. Address: RBI Monetary Museum, Reserve Bank of India, Amar Building (Ground Floor) Sir Pherozesha Mehta Road, Fort, Mumbai 400 001.

The objective of the excursion was to understand the evolution of money.

The students responded enthusiastically. In the morning of 6th April, 2018 at 10.30 a.m. there were 74 students and three teachers lining up to enter the RBI Monetary Museum. The bags and belongings of the students and teachers were carefully put away in the lockers provided by the museum authorities. We were then guided into and audio visual room and seated comfortably. The curator of the Museum Mr. P. V. Radhakrishnan introduced himself and give us an outline of the RBI Montary Museum. He interacted with the students and asked them several interesting questions. Questions regarding demonetization, counterfeit money, introduction of money in the year 1770 and its role in society today. The students answered well and were eager to know more about the history of money. Curator Mr. Radhakrishnan was happy to meet the night college students and was impressed with their knowledge and enthusiasm to learn about money.

The talk was followed by a fifteen minute documentary about the history of money. The students watched spellbound. After the documentary they were excited to walk into the museum to actually see the coins and currency display. As they walked by the artefacts they noticed that the RBI logo was inspired by the East India Company emblem which appeared on coins during the British rule. The picture of the lion has been replaced by a tiger, a better representation of India. The photographs of all the Governors of the RBI showing the first two British Governors Osborne Smith and James Braid and the third one being RBI Governor C. D. Deshmukh was information that excited the students. The students were surprised to see negotiable instruments such as hundis, promissory notes and bills of exchange. The look, feel and the text on these negotiable instruments reflected the pulse of the business community in the then period. On display were commodity money, coins, paper currency and plastic money. It clearly showed the evolution of money down the ages until now. The museum assistants were eager to answer questions that students had and even participated in their discussions sharing their excitement.
The students spent long hours reading and enjoying the information in the museum. The excursion concluded at 2.00 p.m. Attendance was taken and the students and teacher left with gleaming eyes rich with an experience that they will remember for a life time.

Summarising the experience the students described the RBI Monetary Museum as a place where the story of the evolution of money comes alive. From the age-old system of barter exchange and the emergence of coinage to the modern day innovations in money. Here we come face to face with India’s rich monetary heritage.

Money is an intrinsic component of the cultural heritage of a country. India was one of the earliest issuers of coins in the world and has been home to many-a-monetary experiments recorded in history.
The Reserve Bank of India as the monetary authority of the country has initiated the documentation and preservation of this rich and varied legacy. The Monetary Museum at Mumbai is the first of its kind in the country. It has also been envisioned as a window to the Reserve Bank’s outreach programmes.

Today the museum has a representative collection of over 10,000 exhibits of Indian coinage, paper currency, financial instruments and monetary curiosities. Given the vast canvas, over 1,500 exhibits on display provide a ringside view of the birth of currencies, their growth and the emergence of modern day money.
The museum timings are Tuesday to Sunday 10.45 a.m. to 3.15 p.m. The museum is closed on Mondays and Bank holidays. The entry to the museum is free. For group bookings and guided tours we need to contact the Curator to make advance reservation. The RBI Monetary Museum is located in the ground floor of Amar Building, adjoining the RBI, Fort, Sir Pherozesha Mehta Road, Fort, Mumbai 400 001.