Nanyang B-School Dean Visits IFMR

Dr. Nilanjan Sen, Associate Dean (Nanyang Executive Education) and Associate Professor of Banking and Finance at Nanyang Business School, Singapore visited IFMR Chennai and addressed its students on 8th December 2009. An excellent orator, Mr. Sen gave an introduction to behavioral finance and its implications on economic decisions made by consumers, borrowers and investors.

Dr. Sen opened the session with statistics about how most individuals overrate themselves, which leads to decision making without any rational analysis. He went on to explain the cognitive and emotional factors that affect decision making. He also spoke about the effect of these factors on market prices and returns. With several anecdotes and insights from his personal and professional life, Dr. Sen made several intricate concepts seem simple.

The lecture concluded with Dr. Sen answering a few questions raised by IFMR students.