IIM Indore Certificate Programme in Applied Financial Risk Management - Batch 03

IIM Indore’s Certificate Programme in Applied Financial Risk Management introduces you to the foundational concepts as well as the most recent risk identifications, management techniques, and tools.

Programme Start Date: 29th      March, 2024
Certificate from IIM Indore
Direct-to-device

Class Timings: Every Sunday: First Session: 03:00 PM to 04:15 PM (IST) Second Session: 04:30 PM to 05:45 PM (IST) Wednesday (Optional) 8:00 PM to 9:15 PM (IST)

Overview

The financial sector has consistently exhibited volatility and dynamism. Owing to the perpetually shifting market landscape, the industry has become synonymous with fresh challenges and heightened competition. In such a mercurial environment, only those finance professionals can succeed who demonstrate stellar capabilities to contribute to the growth of their organisation. .... Read More

Content

Check the course module of the IIM Indore applied financial risk management programme.


  • Understanding the Contours of Uncertainty, Risk, and Complexity
  • Approaches Towards Risk Management: Theory and Practice
  • Risk Management Framework for Financial Institutes: The Philosophy and Contours of Basel Framework and Beyond
  • Enterprise Risk Management: A Holistic Risk Management Framework for Non-financial Firms
  • Complexity Science and the Emergence of a New Paradigm of Risk Management
  • Sample and Population Statistics
  • Statistical Inference and Hypothesis Testing
  • Measure of Dependence (Correlations)
  • Linear Single and Multiple Regressions
  • Time Series Analysis and Forecasting
  • Application of Quantitative Analysis using R and Python
  • Application of Machine Learning for Risk Management
  • Structure and Functions of Financial Institutions
  • Financial Statement Analysis and Bank Valuation
  • Understanding Risk in the Financial Institutions
  • Risk in the Equity and Bond Markets
  • Futures and Hedging Strategies
  • Options and Hedging Strategies
  • Interest Rate Futures and Hedging Strategies
  • Options Greek
  • Valuing a Fixed Income Security: The Relationship Between the Interest Rate and the Price of a Debt Asset
  • Understanding and Predicting the Yield Curve
  • The Fixed Income Portfolio Strategies and the Interest Rate: Sources of Interest Rate Risk Affecting the Fixed Income Portfolio
  • Duration, Convexity, and Single Factor Risk Management
  • Immunisation and Other Passive Portfolio Management Strategies
  • Using Market-based Risk Hedging: Interest Rate Futures and Interest Rate Swaps
  • Introduction to Simulation in Financial Decisions
  • Analysing NPV Under Uncertainty
  • Cash Balance Analysis and Investment Modelling
  • Revenue Management Using Simulation
  • Short- and Long-run Relationship and Their Assessment
  • Assessment of Volatility Model
  • Analysis of Value-at-Risk and Expected Shortfall
  • Portfolio Management
  • The Nature of Credit Risk: The Challenges and Peculiarity of Managing Credit Risk
  • Credit Default Swap
  • Asset-backed Securities
  • Structural Models for Credit Risk (Merton, KMV)
  • LGD Estimations: LGD Model and its Applications
  • Exposure of Default-EADF Modelling
  • Liquidity Risk, Principles, and Metrics
  • Liquidity Adjusted Value-at-Risk Under Normal and Stressed Market
  • Cash Flow Modelling, Liquidity Stress Testing

Highlights

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Contextually designed 11-month programme for finance professionals

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3-day on-campus immersion module

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Focus on real business use cases

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IIM Indore Executive Education Alumni Status

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Programme faculty team includes the best of the domain experts

Details

Pedagogy

The pedagogy will be a judicious mix of lectures, case discussions, project work, term papers, and assignments etc.

Key Learning Outcomes

After completing this this IIM Indore applied financial risk management programme, the participants should be able to:

  • Make investment decisions in the financial market from the short-term and long-term perspectives
  • Critically analyse and interpret financial data
  • Devise risk management measures within the purview of risk mitigation strategies
  • Evaluate the effectiveness of risk management measures considering the implementation costs

Programme Delivery

Sessions of this IIM Indore financial risk management course will be conducted via a state-of-the-art Interactive Learning (IL) platform and delivered in Direct-to-Device (D2D) mode that can be accessed by learners on their Desktop/ Laptop. A laptop/desktop with a webcam and microphone is a must for attending exams. Participants will be provided reading materials, etc., for each course, as and when required. They may also interact with the concerned faculty through e-mails/chat mode.

Campus Immersion

  • There will be 3 days of on-campus immersion at IIM Indore.
  • The on-campus modules are subject to the conditions that prevail at that point of time. These conditions pertain to the pandemic or other unavoidable reasons. In case the on-campus module is not confirmed due to COVID-19 situation, the same will be included in the total number of online sessions

Who Should Attend?

  • Early career finance executives seeking opportunities in risk management
  • Corporate finance professionals who are keen to specialise in financial risk management
  • Graduates planning to build a career in financial risk management

Eligibility Criteria

  • Diploma (10+2+3) or Bachelor’s Degree or equivalent (10+2+3 or 10+2+4) or 2 years Master’s Degree or equivalent from a recognised university (UGC/AICTE/DEC/AIU/State Government) in any discipline with minimum 50% aggregate marks of all the years are eligible to apply for IIM Indore financial risk management programme
  • Minimum 2 years of work experience* is required post completion of qualifying education

*Internships and training experiences will not be considered as full-time work experience.

Admission criteria

The selection for this IIM Indore applied financial risk management programme will be based on candidate’s profile evaluation, subject to meeting eligibility criteria

Programme Director

Dr. Happy Paul

Prof. Aditya Maheshwari is a faculty member in Operations Management and Quantitative Area at IIM Indore. He completed his Ph.D. in Mathematics from the Department of Mathematics, IIT Bombay.
His teaching interests are probability, numerical analysis, stochastic process, mathematics of voting, financial derivatives, and option pricing.

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Prof. Aditya Maheshwari

Dr. Happy Paul

Prof. Debasish Maitra is a faculty member in the area of Accounting and Finance. He is a fellow from the Institute of Rural Management Anand (IRMA), India. The topic of his doctoral dissertation is ‘Volatility and Spillover Effects in Indian Commodity Markets: An Empirical Study with A Few Select Commodities’. Prof. Debasish Maitra holds B.Sc. and M.Sc. degrees from Bidhan Chandra Krishi Viswa Vidyalaya, West Bengal. Prior to joining IIM Indore, he was with IMT Ghaziabad as an Assistant Professor for more than four years, and with Union Bank of India as an Assistant Manager.

Prof. Debasish Maitra

Certificate and Assessment

Evaluation

Performance of participants will be monitored on a continuous evaluation basis through quizzes, assignments, tests, and examinations. The participant is required to score minimum marks/grades as decided by the Institute from time to time to complete the course.

Attendance Criteria

  • Participants are expected to attend all sessions of a given course. However, they may take leave on account of emergencies subject to the approval of the programme coordinator.
  • A minimum of 75% attendance is a prerequisite for the successful completion of the IIM Iindore applied financial risk management programme. For less than 75% attendance, a grade cut will be applied as per the norms. If the attendance is below 30%, the participant will not be eligible for awarding the Certificate

Certification* & Alumni Status

  • Participants who successfully complete the prescribed course of study and fulfil all other academic requirements will be awarded a ‘Certificate of Completion’.
  • Successful participants will also be accorded IIM Indore Executive Education Alumni status*.

Alumni Benefits

Participants who complete the IIM Indore financial risk management programme successfully will be eligible for the Executive Education Alumni status of IIM Indore. They will need to apply separately along with the necessary fee to register themselves. Current alumni membership plans are as follows:

  • 2-year membership – ₹1000 + applicable taxes
  • Lifetime membership – ₹10,000 + applicable taxes

Benefits available to Executive Education Alumni include:

  • Communication of brochures and newsletters from IIM Indore
  • Access to the IIM Indore Campus Library (onsite access only)
  • Official email ID and ID card of the institute

*Disclaimers:

  • Mere successful completion of the programme, application submission, and payment of alumni membership fee does not entitle a participant to be eligible for Executive Education Alumni status.
  • IIM Indore reserves the right to confer Executive Education Alumni status.
  • IIM Indore reserves the right to modify the above conditions at its discretion at any time without notice. Only the courts at Indore will have the territorial jurisdiction to try any disputes arising in respect of the Executive Alumni membership being granted.

Sample Certificate

Disclaimer: All certificate images are for illustrative purposes only and may be subject to change at the discretion of IIM Indore.

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How It Works

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Select the course of your interest and register
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Receive Counselling from our Programme Advisors
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Pay the Preliminary Course Fee
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Get your documents verified & appear for Interview if applicable
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Obtain the Offer Letter and Give your Acceptance
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Complete Onboarding and commence Course

Date & Fees

Programme Fees

Instalment Schedule

Important Dates

FAQs

For admission to the applied financial risk management IIM Indore programme, the selection will be based on the candidate’s overall profile evaluation, subject to meeting eligibility criteria. IIM Indore will solely do the final selection of participants.

This course is best suited for any early career finance executives seeking opportunities in risk management, and corporate finance professionals who are keen to specialise in financial risk management or any graduates planning to build a career in financial risk management.

The sessions of this IIM Indore financial risk management course will be conducted via a state-of-the-art Interactive Learning (IL) platform and delivered in Direct-to-Device mode that learners can access on their Desktop/ Laptop.

This programme will equip participants with advanced skills in making investment decisions within the financial market, encompassing both short-term and long-term perspectives, in critically analysing and interpreting financial data, in devising risk management measures within the purview of risk mitigation strategies and in evaluating the effectiveness of risk management measures considering the implementation costs.

Candidates must hold a diploma, bachelor’s degree, master’s degree, or equivalent in any discipline from a recognised university or institution, with a minimum of 50% aggregate marks in all years to be eligible for this course. No, a minimum of 2 years of work experience is also required post completion of qualifying education.

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