The PGDM–International Business Department of Jagan Institute of Management Studies (JIMS), Rohini organised insightful sessions on 30th August 2025 and 6th September 2025 for the students of batch 2024–26. The sessions were conducted by Mr. Shashank Agarwal, Senior Vice President at Yes Bank.
With his deep expertise in banking and finance, Mr. Agarwal provided a comprehensive understanding of the concepts, practices, and tools essential for managing the short-term financial health of businesses. He explained the significance of various banking instruments and their practical applications, with a special focus on Letters of Credit (LCs) in international trade, highlighting how they mitigate risks for both buyers and sellers.
The discussion further explored the Working Capital Cycle, emphasizing the importance of efficiently managing inventory, receivables, and payables to ensure liquidity and operational continuity. Mr. Agarwal also walked students through the calculation of working capital requirements, using real-world examples to demonstrate financial assessment and liquidity management in business scenarios.
Key Takeaways:
- Importance of essential banking and trade finance tools
- Role of different bank accounts in business operations
- Function and significance of Letters of Credit in international trade
- Understanding the Working Capital Cycle and its impact on profitability and liquidity
- Practical insights into calculating and managing working capital needs
The sessions concluded with heartfelt thanks to Mr. Shashank Agarwal for sharing his time, knowledge, and guidance. Students gained not only conceptual clarity but also practical strategies to apply in real-world financial management, reinforcing the role of working capital as a cornerstone of sound financial decision-making.