Professor – It is “B” for banking and “I” for information technology…. (Learning 1)

“Toast to the THEE” we all said in Chorus.

It was a nice get together and I initiated the conversation by shouting “Well – a new saying has come up in the derivatives market and that is “Implied volatility. It is like predicting whether it will rain today by counting how many people are carrying umbrellas to work in the morning.”

My friends in the banking – investment sector gave out a loud laugh – and for those alien to banking – it still remained yet another English sentence. “So banking is the vertical that you have been working all through” remarked “J” to me. “Yes” I said quite beamingly.

” I think you have taken a wise decision of being in the same vertical for nearly a decade”

I agreed with a satisfactory smile. I know that the financial markets across the globe have gone through a distinguished metamorphosis in more than last one decade. Yes, it has indeed opened a vista of opportunities – of Himalayan altitude - in every gamut of industrial sphere that could possibly evolve.

Precedence to learn banking concepts in Information technology sector and the inclination to imbibe different disciplines and aspects of banking has become a “sine qua non”.

Yes, banks have evolved as one of the main staple diets of the modern day information technology industry. And vice versa, we cannot imagine banks without technology these days. Well, you may call it as a beautiful example of “Symbiosis and synergy”.

My good friend “M” was giving us a treat for his new job- which he managed to get in one of the reputed IT concerns in Chennai. J and M were working on a different domain till last year. M was supposedly going to work on a derivatives application and he was pretty perturbed over the fact, that he could not understand the fundamentals of the derivatives concept. And that was when I was approached for a teaching session to “M” and I agreed –for I knew that session would benefit me as well. “La-revision”

“Shoot out your questions mate” I said...and the journey of learning starts....