IIM KASHIPUR PRESENTS Advance Finance for Executives
About ICICIdirect Centre for Financial Learning ICICIdirect Centre for Financial Learning (ICFL) is an initiative of ICICI Securities, set up with an objective of simplifying financial knowledge and increasing financial literacy amongst prospective or experienced investors and knowledge seekers. We are one of the leading providers of education in financial planning, wealth management and capital markets and have trained 1,50,000+ participants. ICICIdirect Centre for Financial Learning has been conferred with the Award for Innovation in Learning and Best Online Learning Solution at the World Education Congress. It has also won the Emerging Brand Award at CMO Asia in Singapore. ICICIdirect Centre for Financial Learning has formed a strategic alliance with Indian Institute of Management - Kashipur (IIM-KP) to offer Management Development Programmes (MDPs). This is a unique partnership between the leading brands in financial services and academia to create and impart quality financial education. About IIM Kashipur Indian Institute of Management Kashipur in Uttarakhand, India, located close to the famous Jim Corbett National Park, is the youngest in the elite league of IIMs. The Institute is set up by the Ministry of HRD, Government of India, as an institute of national importance with the objective of providing high quality and globally benchmarked management education. The Management Development Programmes (MDPs) at IIM Kashipur are aimed at enhancing competencies amongst managers and executives working at different levels. MDPs offered by IIM Kashipur cover different areas like Finance, Marketing, Leadership, HRM, Operations, Project Management and Corporate Strategy, apart from General Management. These MDPs are structured keeping in mind the changing global business environment and international standards of educational pedagogy which help in developing the skills and competencies of the participants. IIM Kashipur is already a member of The Global Association to Advance Collegiate Schools of Business (AACSB). The Institute is expanding its knowledge partnership network exchange programs with several prestigious schools in Europe such Ecole de Management de Normandie (EM Normandie), France, etc.
IIM KASHIPUR MANAGEMENT DEVELOPMENT PROGRAMME Advance Finance for Executives Programme Outline Over the years, the world of finance has increasingly become sophisticated and complex. This is, despite the fact that the subject is based on a few simple core principles. Finance, is also at the heart of all aspects of business functioning in all industries. All major business decisions involve aspects of financial decision-making and use of financial information. As a result, managers across all departments are getting involved directly and indirectly in resource-allocation role, in processes related to portfolio management, including capital allocation, capital-expenditure approval, and profit and loss management and working capital management. Managers across different functional units and shared services, are now being asked to do financial costing and benefit analysis for each of their proposed projects and to quantify bottom-line and top-line impact of their initiatives. Ascertaining ROI, preparing business case studies around major cost expenditures and preparing cost justification is becoming critical to justify expenditure for new initiatives. The financial decision making toolkit covered under the programme will give participants, a solid grounding in core principles of finance, after which they can easily understand more complex themes of financial management as well as the strategic dimensions of business. The unique IIM Kashipur and ICICIdirect Centre for Financial Learning Management Development Programme on Advance Finance for executives is aimed to demystify the complexity of finance for executives across departments and functional units. The programme deals with advanced topics in corporate finance such as advance financial statement analysis, risk and returns, analytics of working capital, receivables management, inventory management, credit policies etc. At the end of the programme the participants will be able to apply finance tools for preparing quantitative frameworks for managerial decision-making. The programme will also be useful for mid-career professionals who are aspiring to become head of SBU s or CXO in a few years time or want to take additional qualification in finance. About the Faculty Prof. Mudit Kulshreshtha (Program Director) Dr. Mudit Kulshreshtha has 13 years of experience in strategy, operations and management consulting, across India, US and UK. He has worked as an Executive Director, Member of the Board of Directors and Chief Information Officer (CIO) for Angel Broking Ltd., one of the leading retail financial brokerage firms in India. He was the Director (and Vice President) with Deloitte Consulting, India, where he led the Mergers and Acquisitions Practice and the Analytics Practice. He has worked with the Corporate Finance and Business Consulting Practice for Ernst & Young and Arthur Andersen during 2000-2005. He advised N. K. Singh Committee and Ministry of Power on Reforms and Investments in 2004. He worked with the Government of Andhra Pradesh on reforms in the state, in 2003-2004. His other clients include Travelocity, British Airways, SPSS, Rohm and Haas, GMAC Corporation, Nestle where he has advised on strategy, revenue optimisation, marketing campaign optimisation and enterprise cost reduction strategies. His teaching interests include Strategic Management, Mergers and Acquisitions, Business Consulting and International Finance.
Prof. Navneet Kaur (IIM Kashipur) Prof. Navneet is faculty at IIM Kashipur in the Area of Finance and Accounts. She is a Fellow of the Indian Institute of Management (IIM) Indore with a PG Degree in Commerce. Her work involves examining contemporary empirical issues on Risk Management and explored quantitative risk assessment models in the context of Indian Capital Markets. She has participated in several international conferences and workshops in places like USA, Australia and Malaysia. She has published her research work in national and international journals. Recently she got selected for the Summer School on Econometric Modeling by Timberlake Consultants, in Washington, USA. She teaches subjects like Financial Accounting, Corporate Finance, Project Finance, Commercial Banking and Business Valuation. Her research interests broadly revolve around Risk management, Project Finance, ALM, and BASEL II implementation. She has conducted Management Development Programmes (MDPs) in prestigious forums such as Bihar Institute of Public Administration Rural Development (BIPARD) in which the participants were senior officials of Bihar Administrative Services and Bihar Financial Services. She has also provided consulting services for government organisations like Bihar Rural Livelihood Project which is funded by World Bank and Government of Bihar. Chetan Dikshit Chetan Dikshit is an IIM Calcutta alumnus and an ex-investment banker with Rothschild Group, one of the world s largest financial advisory firm and investment bank. He has over a decade's experience in advising corporates. In 2011, he co-founded a business in the toys space, under the label Yellow Giraffe (www.yellowgiraffe.in) and Toy Tasting (www.youtube.com/toytasting). In his earlier roles as an investment banker, Chetan covered Oil &Gas, Industrials and Logisitcs and Financial Brokerage firms for Rothschild., wherein he advised on the landmark merger and acquisiton deals of India: Carin-Vedanta and Jagular LandRover. Over the years, he has worked on merger and acquisiton deals (cross-border and domestic) and fund raising (capital markets and private capital) in India and abroad. Prior to his MBA, Chetan was an Engineer at Tata Motors. Chetan is a B.Tech from ISM, Dhanbad (1998) and an MBA from IIM Calcutta (2001). Target Audience The programme is designed for executives, middle and senior managers, teachers, investors, employees of companies in different functions across different industries. Business executives with non-financial specialisations such as HR, marketing, sales, engineering or manufacturing as well as general managers with interest in finance will also benefit. Prior knowledge of accounting or finance is helpful but not necessary. IIM Kashipur will do a pre-programme profiling of participants to suitably adjust the content and/or send pre-read materials. Programme Objectives The Advance Finance programme for executives will help working professionals develop a strategic understanding of key financial decisions faced by organisations. The programme is targeted towards mid-level finance professionals and senior executives who want to widen or refresh their knowledge of corporate finance. The programme is also suitable for business analysts who want to switch to financial management as a core area of expertise. The focus of the programme is on financial decision making by organisation and its reflection in financial statements of the organisation. The programme covers analytical frameworks on short-term financing decisions to long-term financing decisions and its impact on capital structure and firm value. Aimed at demystifying the theory of corporate finance, the programme will use tutorials and cases to illustrate analytical application in several areas of financial decision-making such as financial statement analysis, capital budgeting, optimal mix of debt and equity, analysing trade-offs between risks & returns and managing working capital to smoothly run day-to-day operations. Programme Differentiators profile participants and solutions
Pedagogy The participants would learn through an appropriate mix of interactive discussions, case studies, hands-on exercise, take-home group assignments, excel-based modeling, simulations and experience sharing. Both academic and industry practices would be stressed upon throughout the programme. Topics to be Covered Programme Details Dates: June 13 - June 15, 2014 Location: Pune Venue: Courtyard by Marriott, Pune City Centre, CTS No.37 & 37/1, Next to Jehangir Hospital, Bund Garden Road, Pune - 411001 Fee: `32000/- + (12.36% Service Tax) (The fee includes tuition fee, course material, refreshments and lunch. Early Bird Discount: Register on or before June 8, 2014 to avail a discount of `3200/- Award of Certificate: Certificate of programme completion from IIM Kashipur will be awarded to all the participants For more information about this programme, contact us at: Email Id: learning@icicisecurities.com SMS EDU MDP to 5676766 Call: Nihal - 83909 04865, Ajay - 85549 91506 ICICI Sec ecurities Ltd.( I-Sec). Registered ed office of I-Sec is at CICI Securities Ltd. - ICICI Centre, H. T. Parekh Marg, Churchgate, Mumbai - 400020, 020, 0, Indi dia, Tel No : 022-228 888 2460, 02 22-2288 2470. The contentsnts herein abovesha shall not be considered as an invitation or persuasion to trade or invest. These programmes do no ot guarantee any job or place me nts with CICI Group or any other organization. Participants should make independent judgment with regard suitability, profitability, and fitness s of any program offered fere herein above. I-Sec a nd affiliates accept no liabilities for any loss or damage a of any kind arising out of any actions taken in reliance thereon.this mail is not directed or intended nde ed for distribution to, or use by, any person or entity who is a citizen or resident of or located in any locality, state, country or other jurisdiction, where such distribution, tion, publication, availability ility or use would be contrary to law, regulation or which would subject I-Sec and affiliates to any registration or licensing requirement within such jurisdiction.