IIM Calcutta: Executive Program in Applied Finance - Batch 09

Executive Program in Applied Finance Batch 09

IIM Calcutta

Ver 1.0

• Broad Contours

• Unique Features of Program

• Who Should Attend

• Program Profile

• Student Speak

• About IIMC

• Program Architecture

• Certificate

• NIIT Imperia Edge

• Fees

• Detailed Module-wise Contents

CONTENTS

Program Directors :Prof. B. B. Chakrabarti, Prof. Debashish Bhattacherjee from IIM Calcutta.

Duration : 1 Year

Eligibility : Graduation in any discipline with 50% marks (Aggregate) and minimum 2 years of Experience

Schedule : Tuesday and Saturday 6.30PM to 9.30PM

Program Fees : Rs. 1,94,250/- + 12.36% service tax= Rs. 2,18,260/- [This does not include campus visit expenses, Fees payable in Installments, Bank Loan Facility available]

BROAD CONTOURS

• Most comprehensive finance program available from the top B school in the finance domain

• Specially designed for finance professionals who seek knowledge of applied finance in the corporate sector

• Unique application oriented program – Extensive use of case studies and corporate examples to supplement theoretical inputs

• Program starts with core finance modules and then gives in depth inputs on specialised modules

• Taught by Senior Faculty from IIM Calcutta with extensive corporate and academic experience

UNIQUE PROGRAM FEATURES

• Finance Professionals seeking to develop their careers in Corporate Finance

• Executives in the banking and financial services sectors

• Professionals working (or planning to work) as broking/security analysts, consultants, and chartered/cost accountants

• Professionals with finance background (MBA Finance, CA, CS etc.) seeking applied finance knowledge

WHO SHOULD ATTEND

PROGRAM PARTICIPANT PROFILE

PROGRAM STUDENT PROFILE*

Rich in experience from 2 years to 30 years

Diverse educational background Representatives from all industry Sectors

*Total participants (EPAF01- 08) - 484

33%

10% 3% 14%

33%

3% 4%

Industry BFSI

Consulting

Healthcare/ Pharma

IT/ ITES

Manufacturing

Service

Telecom

5%

49% 29%

3% 14%

Educational Background

B.A

B.Com

B.E./B. Tech

BBA/ BHM

B.Sc

43%

29%

13%

7% 8%

Experience

2 to 4 Years

5 to 7 Years

8 to 10 Years

11 to 13 Years

More than 13 Years

STUDENTS FROM TOP ORGANIZATIONS*

BFSI Consulting IT/ITES MANUFACTURING

* Indicative list

• Country Manager - HP India • AVP - MCX Stock Exchange,

ING Investment • AVP - Development Credit

Bank, Azure Capital, HSBC, • CFO - Spectrum Power

Generation Ltd. • Associate Director – Price

Waterhouse Cooper • Director – Fitch Rating • AGM – IDBI Bank Chief

Manager – ICICI Bank • CGM- GVR Infra Projects • Regional Credit Manager- Bajaj

Finance • Area Credit Manager- HDFC,

Bajaj Finserv

• Chief Manager – ICICI Bank • Sr. Analyst – Deloitte • Sr. Manager – HDFC Bank, Cap

Gemini, PNB, Allahabad Bank • Sr. Developer – Lehmann

Brothers • Manager – Airtel, TATA Steel,

JSW Steel, ILFS, Barclays, Jones Lang Lasalle, IVRCL, IDBI, Telcon

• Process Associate – Genpact • Sr. Financial Analyst –

American Express • Associate Consultant – TCS • Analyst- Bajaj, GE Shaw, Smart

Cube,

SAMPLE DESIGNATIONS*

* Indicative list

• My major apprehension while joining this program was whether this virtual classroom would be able to match face-to-face teaching. But actually, numerous modes of interaction with the faculty (mail, raise hand, anonymous poll, regular poll, two-way audio-video, ..) makes the platform more interactive than a regular face-to-face class. - Varsha Adhikari, DGM – Finance & Legal, Stovee Industries Ltd

• The course curriculum and discussions during the class are very

helpful in my professional life. I really liked the interaction with the faculty and peers which helped in clarifying any doubts I had during the course. The course gave me an overall view of finance and improved my decision making ability. I could apply the knowledge gained in the program to my day to day work. I would recommend this program to people looking for career development - Ayannick Dsill Associate SBI

STUDENT SPEAK

Program covers all fundamentals using practical examples. Professors are friendly & accessible, the quality of teaching was excellent and every topic is covered in detail. The program helps you grasp the concepts, understand fundamentals from a practical perspective and create interest for studying & exploring the concepts more. - Prateek Mathur, Project Manager, WIRTZ MFG Co INC. , USA

I was looking for a course which gives in-depth knowledge of Financial Management. This program has covered subjects in-depth & helps in efficient use of financial tools. The program is a unique program which exhaustively covers subjects in a time constraint environment. - Harpreet Singh Walia, Assistant General Manager, LANCO

STUDENT SPEAK

For more information about the institute, please visit www.iimcal.ac.in

ABOUT IIM CALCUTTA

• IIMC is one of the most reputed business schools in Asia

• IIMC was established by Government of India in 1961

• IIMC Alumni includes prominent entrepreneurs and business executives like:

• Indra Nooyi (Chairman and CEO of PepsiCo),

• Ajit Balakrishnan (Founder, Chairman & CEO of Rediff.com),

• Srinath Narasimhan (MD and CEO of Tata Teleservices) and

• P M Murty (MD & CEO of Asian Paints).

• Other notable alumni include academicians such as Ramchandra Guha and Krishna Palepu, and authors like Amish Tripathi.

• One of the Key Players in Synchronous Learning Platform, running more that 20 programs for working professionals in this mode in General Management and Allied Areas.

Dr. B. B. Chakrabarti He is a Ph. D from Jadhavpur University and a Fellow of Indian Institute of Cost and Works Accountants of India. He has corporate experience of more than 24 years in manufacturing and financial services sector and academic experience of more than 12 years in IIM Calcutta Prof. Debashish Bhattacherjee He is a Ph.D. from University of Illinois at Urbana-Champaign. He has a academic experience of 18 years & voted as the ‘Best Professor in Human Resource Management’ by CMO Asia at 2nd Asia’s Best B-School Awards, Singapore, 2011

PROGRAM DIRECTOR PROFILE

Prof. Ashok Bannerjee, Program Director EPAF 05 - Candidates working in cutting edge finance areas or desirous of working in such areas will benefit from the Executive Program in Applied Finance.

There is a huge demand for professionals with advanced knowledge in finance industry. This program combines the statistical and basic finance skills and prepares a professional with higher skillsets as required by the industry.

FACULTY SPEAK

3 Days Campus Visit at the Start of the Program

5 Core Modules

(to bring every one on the same platform)

6 Special Modules

(covers contemporary finance areas in depth)

3 Days Campus Visit towards the end of the Program

Certification from IIMC

IIMC MDP Alumni Status

PROGRAM ARCHITECTURE

MODULE COVERAGE

Term I - Core Modules

• Business Accounting and Analysis

• Corporate Finance-I

• Quantitative Methods for Finance

• Business Economics

• Corporate Finance-II

Term II - Special Modules

• Business Valuation

• Financial Derivatives

• Investment Management

Term III - Special Modules

• Fixed Income Securities

• Mergers and Acquisitions

• Bank and Risk Management

• Attendance Criteria • Minimum 66% Attendance in each module

• Minimum 80% Attendance in the entire program

• Certification Criteria – For Successful Completion of the program

• Maintain Minimum Attendance Criteria

• Not More than 2 Poor Grades

– For Certificate of Participation • Maintain Minimum Attendance Criteria

• More than 2 poor grades

ACADEMIC GUIDELINES

SAMPLE CERTIFICATE

EPAF 05 Campus Visit

CAMPUS VISIT PICTURES

About NIIT IMPERIA

• Technology: – Inbuilt Redundancies – Infrastructure to reduce breakdown (Extended C-Band)

• Student Facilities – Transit: when travelling to other cities – Transfer: permanent change in location to other city – Recorded Lecture: when absent in a session

• Students Services – Students Services Portal – Learning Management System – Collaborative Environment

• Availability of Trained professional to address queries between 9 AM to 9 PM, 365 days

• Continuous Communication – Mails – Phone Calls – SMS

• Facility to pay fees in Installments

NIIT IMEPRIA EDGE

• “Best Training Institute for Working Professionals”, World Education Summit, 15 July 2011.

• “Outstanding Student Support Services”, Asian Learning Leadership Awards, 25th September 2012

• “Outstanding Blended Course” for Post Graduate Diploma in International Business Strategy, World Education Congress, 29th June 2012.

• “Best Telecom & Satellite Learning Providers in Education”, ASSOCHAM National Education Excellence Awards 2013 , 8th April 2013

• Polycom Intelligent Enterprise Award for Synchronous Learning Technology, 2009

AWARDS AND ACCOLADES

• The fee can be paid by cash, cheque or DD drawn in favor of “NIIT Ltd. Imperia Collection Account”

• The fee can be paid in installments as given below:

Installment Schedule

Application

Fee** Initial

Amount* #

Registration Fee *

I* II* III*

Month Nov, 2013 Jan, 2014 Mar, 2014

Amount Rs. 1124/- Rs. 11,236/- Rs. 76,068/- Rs 43,652/- Rs 43,652/- Rs 43,652/-

FEE PAYMENT SCHEDULE

* Inclusive of service tax **Application Fee is non- refundable

*# Initial amount is refunded only when the candidate is rejected by the institutes.

*It is suggested that applicants complete the admission/ registration formalities as soon as possible within the announced timelines as we may be compelled to allot the seats on ‘first come first serve’ basis due to limited availability of seats.

42 Classrooms across 23 Cities in India Direct one-to-one interaction is ensured through individual ICT

systems for each student: High-performance PCs Webcam Audio system and microphone at each workstation,

connected directly to faculty at institutes Classroom interactions & ambience are facilitated by clusters of

student-stations and camera & projection systems that span the full classroom.

Learning Management System (LMS): • program-specific notices • online submission of assignments • reminder services • online testing • student records

STUDIO VIEW

CLASSROOM VIEW

NIIT IMPERIA - TECHNOLOGY EDGE

REPLICATION OF LIVE CLASSROOM

Full features of face-to-face teaching

Raised-hand-seeking-teacher's-attention

Click here to play NIIT Imperia Video

Tabulation of responses

Quizzes randomly created by the teacher

SYNCHRONOUS LEARNING

• What is Information Session? – It is a telephonic conference call arranged for

interested participants, to address their specific queries regarding the program

• Why should I attend the conference call? – To evaluate the program rigorously and in

depth before taking a final decision

• Who will host the call? – NIIT Imperia Product Management &

Academic Team would address the queries regarding the program

• How can I register for the conference call? – Register Online using the following link –

https://bit.ly/EPAF09concall

INFORMATION SESSION

Application period • Application for the Batch will commence in May 2013 and will close in

August 2013

Application forms • Application forms can be obtained from www.niitimperia.com or at local

NIIT IMPERIA Centres • Students could also apply online at www.niitimperia.com

Class would commence on or after Sept 2013

Application Foreclosure Clause: Please be aware that seats are limited at every location for this program. Therefore, 1. Applications can be foreclosed anytime (at all or some select locations) with a 7 day notice posted on the NIIT Imperia website 2. Applicants are advised to apply as early as possible to avoid rejection of their application form

HOW TO APPLY

• 1 Passport size photo affixed [Latest photo with light backdrop]

• Proof of Date of Birth [DOB Certificate / 10th Std Mark sheet]

• Proof of Graduation Completion [Provisional / Degree Certificate]

• Proof of Graduation % [Graduation Marks sheets for all years]

• Proof of Experience [Experience Certificates as supporting documents for all the jobs mentioned in the form]

• Proof of Current Employment [Letter from the HR with current date / Latest Pay slip]

All Documents should be Self Attested

DOCUMENTS REQUIRED FOR APPLICATION

Detailed Module-wise Contents (Based on EPAF08 content, Subject to revision)

Session Plan • Conceptual framework of financial reporting • Corporate Financial Statements • Understanding Corporate Financial Statements

– Balance Sheet – Profit and Loss Statement – Cash Flow Statement

• Choice of Accounting Policies and Financial Reporting • Analyzing Financial Statements

– Financial Ratios

• Analyzing Financial Statements (contd.): Inter-firm and Intrafirm comparisons • Use of cost information for business decisions • Transfer Pricing • Variance Analysis

Course Objective: This course aims to familiarize participants with the applications of various accounting concepts and principles using Indian corporate examples. The emphasis of this course would be more on analyzing financial statements through live case studies.

BUSINESS ACCOUNTING & ANALYSIS

Session Plan

• Overview of Corporate Finance Functions, Financial Markets and Indian Financial System

• Introductory Financial Mathematics: – Time Value of Money

• Valuation of Bonds and Stocks: – Basic Issues

• Introduction to Risk and Return

• Cost of Capital: Theoretical Background

• Cost of Capital & Capital Structure

• Capital Structure and Long-term Sources of Financing

CORPORATE FINANCE - I

Session Plan • Matrix Algebra (basic operations, inverse, determinant) and Use of Excel • Presenting Data in Tables and Charts • Numerical Descriptive Measures • Covariance and Correlation • Simple Linear Regression • Multiple Linear Regression; Polynomial Regression • Introduction to Time Series Forecasting • Probability; Random Variables • Important Theoretical Probability Distributions (Binomial, Normal etc.) • Estimation; Confidence Intervals • Testing of Hypothesis and its Applications

Course Objective: To provide participants an introduction to statistical tools so that they might understand various analytical techniques used in the finance research. Emphasis is placed on practical applications of the techniques in the financial markets.

QUANTITATIVE METHODS FOR FINANCE

• 10 Principles of Economics • The Production Possibilities Frontier • Microeconomics and

Macroeconomics • Supply and Demand • Welfare Economics • Govt. policies • Elasticity • Costs • Competitive Markets • Monopoly • Externalities • Public Goods and Common Resources

• Game Theory • Asymmetric Information • Measuring a Nation’s Income • Measuring the Cost of Living • Production and Growth • Saving and Investment • The Monetary System • Money Growth and Inflation • Gains from Trade • International Trade • The Open Economy • Open Economy Macroeconomics

Course Objective: Economics provides key concepts and tools for understanding many different aspects of management theory and practice. This course will provide an introduction to the fundamentals of both Microeconomics and Macroeconomics.

BUSINESS ECONOMICS

Session Plan

• Working Capital Management: Managing Current Assets

• Working Capital Management: Financing Current Assets

• Long-term investment decisions: Capital Budgeting Techniques

• Long Term Investment Decisions

• Capital Budgeting and Risk: Sensitivity Analysis and Scenario Analysis

• Dividend Policy

• Introduction to Derivative Securities – Futures and Forwards

CORPORATE FINANCE - II

Session Plan

• Ratio Analysis

• DCF methods of valuation

• Projecting Free Cash Flows

• Valuation in a LBO situation

• Valuation of shares in a closed company

• Real Option

BUSINESS VALUATION

Session Plan

• Introduction to Derivatives

• Mechanics of Futures Markets

• Hedging Strategies using Future

• Determination of Forward and Futures prices

• Mechanics of Option Markets

• Trading Strategies involving Options

• Binomial Trees

• The Black-Scholes - Merton Model

• The Greek Letters

• Value at Risk

FINANCIAL DERIVATIVES

Session Plan • Investment Management: An Introduction • Developments in Investment Theory • Efficient capital markets • Valuation Principles and Practices • Portfolio Construction and Equity Portfolio Management Strategies • Analysis and Management of Bonds • Use of derivatives in portfolio management • Portfolio Performance Evaluation • Asset Allocation • Tracking Portfolio Performance

Course Objective: Investment management essentially involves asset allocation, portfolio construction and portfolio management. This course will expose students to various applications of modern portfolio theory

INVESTMENT MANAGEMENT

Session Plan

• Overview of Fixed-Income Securities

• Bond Mathematics

• Identification and Measurement of Interest Rate Risk

• Bond Portfolio Management / Interest Rate Swap

• FRAs / Interest Rate Futures

• Interest Rate Options / Caps, Collars and Floors

• Interest Rate Swap Options

FIXED INCOME SECURITIES

Session Plan

• Comparison between Bank Balance Sheet and other business entities balance sheet

• Managing Assets and Policy Guidelines

• Managing the Cost of Funds, Bank capital and Liquidity

• Assessment of Working Capital Loan Products Both Fund Based and Non Fund Based

• Project Finance

• Market Risk Management

• Credit Risk Management

• Operational Risk Management

Course Objective: The objective of the course is to acquaint students with the nuances of banking and application of risk management principle in the perspective of the recent changes in banking. The course would start with the discussion covering the importance of banking in the economy and then gradually take students to the different aspects of banking in the present day context.

BANK & RISK MANAGEMENT

Session Plan

• Introduction to Mergers and Acquisitions (M&A)

• Business Valuation in M&A

• Determination of swap ratio of M&A deals

• Valuing synergy in M&A deals

• Corporate takeover battle: Indian experience

• LBO Valuation

• Deal Structuring in M&A

• Regulatory Issues in M&A

MERGERS & ACQUISITIONS

For any Queries Or Doubts,

Call Us At 18002660304

(Or)

Write to [email protected]