Vishal Mohal is a young and dynamic professional, serving as a Senior Associate in Investment Banking at Copal Partners. Vishal’s success began with a PGDM program at KIAMS in 2009. “My journey as an investor banker has been very rewarding; and KIAMS, with its perfect blend of theoretical and practical instruction, helped me realize my ambitions” he says. Vishal was always interested in Strategy Management and, as a motivated student, he interacted a lot with the faculty to learn and understand the nuances of the industry. “At KIAMS,” he tells us, “the faculty was very good and the kind of cases they made us go through were very insightful. They actually activated our thought processes and made us think about real-life scenarios, rather than only focusing on the theory”.
He is glad for the practical approach at KIAMS, since he believes it is extremely important in his field. “A business school, very often, teaches you only the principles and the formulas and how to calculate within certain parameters; however, this does not give you the experience and the exposure,” he says. “In India, the stress is on theory – developing a thought process about a task in the future is lacking as compared to other countries.” He also thinks that real-world, in-depth experience helps an investment banker understand his customers’ needs and fears: “The main thing for an Investor is that his investment should be secure and it should be able to generate profits. As an Investment Banker we always have to keep this in mind”. However, Vishal feels that, as a market, India is not yet prepared and presents many uncertainties; and, the Indian Economy, while much improved, still has immense potential to explore. “Theoretically, we are prepared but practically I would say we are not,” he continues. “We are not that strong and we need more people to take up investment banking as a career. It does take a lot of time, as you have to start as an Analyst, but, gradually, you move up the ranks. But, if you are humble and bright enough, then you may find yourself moving up the ladder rather quickly.”
Vishal, however, is a practical man who laughs when the ‘glamour’ of investment banking is brought up: “You might say that it is a glamorous job, but Investment Banking requires a lot of hard work and long hours. A successful investment banker works more than 65 hours every week –but, of course, there are lot of incentives, including the earning potential.” Explaining his work more he says, “The most important aspect for an investment banker is to identify the right opportunity at the right moment and to assess it with full honesty. He should not be biased. You have to consider each and every factor and you have to determine the merit of that opportunity. That is the most important role and trait of an Investment Banker”.
KIAMS has given Vishal more than an opportunity to build his career – he also found his life partner at the institute. He loves his work life irrespective of the difficult time commitments and the challenges that he faces every day. He believes that the industry is growing in India and offers immense opportunities to youngsters who want to enter the field. Vishal is completely fulfilled and satisfied in his work; however, he believes he would want to come back to KIAMS someday and teach Strategic Management!