The first advisory council meeting for finance area was held on 7th Oct, 2020 at 9.00 am, virtually through Cisco Webex. The meeting started with Prayer and Area-Chair welcomed the gathering of both Internal board as well as Advisory council members. Rev.Fr.Joe Arun,SJ., Director, LIBA set the tone of guiding principles exclusively for Finance Area to focus during the curriculum development process. Prof.P.C. Lakshminarayanan, Dean-Academics thanked Advisory council members for accepting Our invitation viz Dr.Thenmozhi, Professor, Finance, (Department of Management Studies,)IIT, Madras.,Dr.Shunmugam.V,Expert, Financial and Commodity Markets and Mr.Nagasubrahmanian,F’15,Rating analyst ,CRISIL, Asia-Pacific Region Banks. The members highlighted necessity of Statistical applications in Market dynamics, Econometrics in Financial Modelling , ensuring connectivity between Portfolio management and Derivatives and Transfer pricing applications in modern business scenarios. Finally Advisory council meeting proceedings was summarized with vote of thanks by Prof.Dr.Madahava Priya.