Great Lakes, Chennai Launches Real-life Investment Decision Experience (RIDE)

The Great Lakes Institute of Management, Chennai, introduces the Real-life Investment Decision Experience (RIDE) elective, an experiential programme designed specifically for finance majors enrolled in the PGDM programme and spearheaded by Vishwanathan Iyer, Senior Associate Professor, Finance & Accounting and Director of Accreditation. The programme aims to provide firsthand experience in equity research and portfolio management to future managers.

Hands-on Learning for Future Managers

Vishwanathan Iyer, said, “While traditional investment management courses focus on theoretical knowledge, RIDE offers an unparalleled opportunity for students to manage a real investment fund with real money, with each team of five students handling a corpus of Rupees One Lakh for approximately eight to nine months. The programme allocates a total corpus of Ten Lakhs, enabling students to apply academic insights to real-world investment scenarios.”

Empowering Students for Market Realities

RIDE participants undergo rigorous preparation during their summer term, culminating in the submission of an investment proposal outlining their philosophy, stock selection and risk management strategy. Teams manage their portfolios throughout the academic year, presenting their strategies to a panel of fund managers at the course's conclusion. Structured as a 3-credit elective, RIDE evaluates students based on research reports, presentations, participation in practitioner sessions, investment diaries and portfolio performance. The evaluation components ensure comprehensive learning and practical application of financial concepts.

The Real-life Investment Decision Experience (RIDE) elective at the Great Lakes Institute of Management, Chennai, represents a transformative leap in finance education, the programme equips finance majors with practical skills and strategic insights essential for navigating the complexities of real-world investment management; by bridging the gap between theory and practice, RIDE empowers future managers to make informed decisions, manage risks effectively and achieve long-term investment success.