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Indian Institute of Management, Ahmedabad (IIMA)
Management Development Programme
Strategic Financial Management & Control Programme
in Dubai from April 2010 – July 2010
Indian Institute of Management, Ahmedabad (IIMA)
Strategic Financial Management & Control Programme (A 12 days intensive program delivered over 4 months in Dubai)
(Admissions open ………. Last Date to submit your application is April 6, 2010)
Objectives Today's financial world is changing dramatically and this is
reflected in the regional finance management practices in a
rapid evolutionary curve driven by numerous environmental
influences; one, a rapidly increasing organization scale,
geographic scope of operations and business diversity, two,
an emergence of financial markets with opportunities to
access a wider set of innovative financing options with need
of increased reporting and transparency, three, an
increased merger and buyout activity driven by private
equity and a need to enhance corporate valuations, and,
four, an increasingly globalised competitive business
environment with associated risks and uncertainties.
In order to improve your firm's ability to optimize corporate finance strategies and develop new opportunities for success, Indian Institute of Management, Ahmedabad, India’s best Management School (www.iimahd.ernet.in), has designed a unique 12 days long intensive Certificate Program in Strategic Financial Management & Control. The program addresses strategic and operational challenges in the area of corporate finance, is designed to maximize learning while minimizing time away from business responsibilities.
The program is designed around three KEY CONCEPTS.
Driving Corporate Performance Business Performance Measurement & Management with emphasis on strategy implementation and
control
Balance Scorecard
Behavioural Finance
Corporate Financial Decisions Financial strategy and corporate strategy
Capital structure and financing strategies
Investment evaluation
Valuations in mergers and acquisitions
International Finance International investment and financing
Financial risk management
Indian Institute of Management, Ahmedabad (IIMA)
Who Should Attend? The course is appropriate for Corporate Finance Managers, CFOs, GMs, Merchant Bankers and
Financial Analysts, Senior Functional Managers, Business Consultants, and others involved in
corporate finance having at least five years of work experience and seeking to revitalize their
careers.
Pedagogy A mix of pedagogical tools will be used – cases, lectures, discussions, presentations, audio-visuals, and experiential exercises. A typical day would include about eight hours of classroom sessions. Preparation for the class requires doing intensive reading of course material. For effective learning participants should budget approximately 15 hours of reading time in-between sessions. Informal group discussions amongst participants are recommended.
The programme emphasizes the problem-solving approach – the process of defining problems, specifying objectives, developing alternative courses of action, choosing the best alternative in an uncertain environment, organizing people to implement the chosen alternative, coordinating their work, motivating, inspiring and developing them, and finally measuring and controlling their performance.
Program Design The program is uniquely designed to enhance learning by judiciously mixing class room contact with practical assignments that the participants can implement at their work place. This will enable the participants to implement their class-room learning in the field and realize the practical value and relevance of the learning. Rather the value of the program to the employers will be the tangible impact or value-addition.
Keeping in view the requirements of the target audience and given the objectives of providing quality education and delivering the same in a cost effective and convenient manner, the program design comprises learning through both class room contacts and work-place based assignments. The program consists of 6 modules that cover the strategic as well operational aspect of Finance management. Each module would be supported by textual readings, cases and exercises relevant to the participants. During the intervening period between the direct class room sessions, when there will be no face to face contact with the faculty, the participants will still have to be in contact with the faculty through email and telephone for guidance and discussion.
The program is spread over three months. The program would be delivered through sessions on 2-4 days every month, on pre-announced dates, totalling 12 days spread over 4 months. Each day, there would be 4 sessions, totalling 48 sessions. The content of each module is given in the Table below. The program is intensive in nature and will require students to devote time beyond the classroom hours.
PROGRAM DIRECTOR
Prof. Rajendra D Patel PGDM (IIMA), ACA, AICWA.
Chartered
accountant, Cost accountant and
MBA from IIMA
with specialization in
Finance and Management
Control System.
Worked as senior consultant with KPMG in UK and Africa, during this
period involved in World Bank debt rescheduling and providing balance
of support for Central African
countries. From 1986 to 2000 served as Finance Director for Rolls
Royce group in Industrial Power Generation.
Currently involved in teaching & consulting assignments on Financial
Management, Management
Accounting and Strategic Cost Management and Control at IIMA.
Conducted training programs for various corporations both in India
and Overseas and government
public sector organizations.
Indian Institute of Management, Ahmedabad (IIMA)
Program Contents Module 1: Risk and Return
Tools : Time Value of Money & Interest Rates and Investment Decision Rules
Valuation of Bonds
Portfolio Theory and CAPM
Cost of Capital Estimation
Module 2: Capital Budgeting Capital Budgeting Decisions
Capital Budgeting Decisions – Relevant cash flows
Strategic choices and flexibilities in capital projects
Real Options in Capital Budgeting
Module 3: Capital Structure Decisions Capital Structure in a Perfect Market, Debt & Taxes, Financial Distress, and Managerial Incentives
Capital Structure Decision
Financing Choices and Decisions
Module 4: Valuation, Mergers & Acquisitions, Risk Management Basic principles of valuation
Valuation in Mergers & acquisition
International Financing
Principles of Risk Management
Module 5: Performance Evaluation and Control Financial Performance Evaluation and Control
Transfer Pricing
Responsibility Centres
Module 6: Behavioural Finance Balance Score Card
Intangible Asset Valuation
Behavioural Finance
……………………………………………………………………
Testimonials of participants of IIMA Programmes in Dubai
“The IIMA programme represents value for money and to me provided an opportunity to brush up my skills, meet faculty with immense practical experience and make professional friends in a new country. I would recommend the programme to anyone interested in learning from peers and faculty alike.
SANJAY SETH Group Finance & Strategic Planning Director, Hedley International Emirates LLC
“Having done my MBA 17 years ago, I needed a refresher as well as a forum to learn the new management techniques and on both the accounts I would definitely rate the IIMA program a complete success.”
Sujeet Mitra
Director, Uniworld Group of Companies, Dubai – UAE
“The programme by IIMA is unique in providing me a trusted, high integrity, very senior discussion partner with whom I could regularly discuss ideas, ask opinions, and get insightful, “outsider” feedback which I find quite valuable.”
Mahesh Chotrani
Purchase Manager, Jacky’s Electronics, Dubai U.A.E
“To me the programme opened up the gateway to a great opportunity for enriching and deepening my knowledge in management practices. The inputs provided by the program immensely helped me in gaining valuable insights into new management concepts, and upgrading my skill for efficient business planning and management process.”
Ravi Katial
Director, Greene FZE, Dubai U.A.E
……………………………………………………………………
Indian Institute of Management, Ahmedabad (IIMA)
Certificate A certificate of participation will be issued by IIMA to all the participants who have completed all the requirements of the program including attendance of the direct class room contacts and submission of all assignments.
Program Details Dates: Program will start on Apr 23 – 24, 2010 (classes will be on Fri-Sat once in 3 weeks)
Full course schedule with dates will be provided on confirmation. Timings: 10:00 AM to 6:00 PM
Venue: Dubai
Registration Process Last Date to submit Application : Apr 6, 2010 Enrollment Confirmation to Applicants : Apr 8, 2010 Course Fee Payment by Participants : Apr 12, 2010 Course Material Distribution to Participants : Apr 15, 2010 Course Inauguration & 1st Module Class : Apr 23 – 24, 2010
Program Fee
Fee includes Course Material, Lunch, Tea, Coffee, Snacks, & Certificate.
Full Payment : AED. 16,000.00 (Full Fee to be paid before April 12, 2010) Installments : AED. 17,500.00 (PDCs need to be submitted before April 12, 2010)
1st Installment: AED. 5,500.00 (Chq dated April 12, 2010) 2nd Installment: AED. 4,000.00 (Chq dated May 7, 2010)
3rd Installment: AED. 4,000.00 (Chq dated June 7, 2010) 4th Installment: AED. 4,000.00 (Chq dated July 7, 2010)
Alumni Association Participants will become members of the IIMA Alumni Association on completion of the programme. The alumni enjoy certain benefits with regard to the Institute’s publications, facilities, and activities.
Contact Information For Registration and any other information, please contact:
Rajender Bali Ms. Shikha Garg Program Manager MDP Manager SmartGlobal FZ LLC Indian Institute of Management, Ahmedabad (IIMA) P.O. Box 500701 Vastrapur, Ahmedabad - 380015 Knowledge Village, Dubai, UAE Gujarat, India T : +971 4 367 2244; 050 6521767 T: +91 79 6632 4071 E : [email protected] E: [email protected]; [email protected] W: www.iimaindubai.org W: www.iimahd.ernet.in
