IIM Visakhapatnam Post Graduate Certificate Programme in Digital Finance and Fintech - Batch 02

Unlock your career growth with the Post Graduate Certificate Programme in Digital Finance and FinTech. IIM Visakhapatnam's world-class faculty equips you to conquer today's and tomorrow's FinTech challenges, efficiently. Get ahead and secure your success.

Programme Start Date: 25th      February, 2024
Certificate from IIM      Visakhapatnam
Direct-to-device

Class Timings: Sundays - 10:00 a.m. to 01:00 p.m.

Overview

Over the past decade, emerging technologies and massive changes in regulations have driven an unprecedented transformation in the finance sector, and in a constantly moving environment, you will need cutting-edge finance and managerial knowledge to make efficient business decisions. To ride this tide, we have come up with a Post Graduate Certificate Programme in Digital Finance and FinTech... Read More

Content

This IIM Visakhapatnam PG Certificate in Digital Finance and FinTech programme will help the learner get acquainted with the ABCDs of FinTech: Artificial Intelligence, Blockchain, Cryptocurrency, and Data. This curriculum will approach FinTech through four distinct themes, as shown below:

*Courses are subject to change.


  • What FinTech Means
  • The FinTech Ecosystem
  • The Evolution of FinTech
    1.0: Infrastructure
    2.0: Banks
    3.0 and 3.5: Startups and Emerging Markets
  • FinTech Typology
  • FinTech vs TechFin
  • Trends in FinTech
    Digital Banking
    Robo-Advising
    Peer-to-Peer Lending
    InsureTech
    Payment Tech
  • Introduction to Regulation

Industry Showcase: Collaboration Between Financial Institutions and Startups

  • Individual Payments
  • Digital Payments Systems in India
  • Digital Banking System
  • Digital Financial Services in Developing Countries (BharatPe, Paytm, Ola Money)
  • Developing Countries and DFS: Regulation of Mobile Money
  • Real-Time Gross Settlement (RTGS) Systems

Industry Showcase: The Rise of FinTech Players in Asia and India

  • Financial Innovation Over the Years
  • Digitisation of Financial Services
  • FinTech and Funds
  • Crowdfunding: Regards, Charity, and Equity
  • P2P and Marketplace Lending
  • The Rise of Chinese TechFin: New Models and New Products
  • What is an ICO (Initial Coin Offering)?
  • FinTech Applications in Banking and Financial Services
  • FinTech and MSME Lending Landscape
  • Design Thinking, Digital Strategy, Gamification, and Future of FinTech

Industry Showcase: How China is Leading the TechFin Race

  • Online and Mobile payment
  • Mobile Wallet
  • UPI
  • P2P Lending
  • Insurance Services and Technology
  • Neobank
  • NFC
  • Crowdfunding
  • Technology in Investments
  • Bookkeeping Applications
  • What is Blockchain and How it Works?
  • Blockchain in Banking
  • Benefits and How Blockchain will Impact the Financial Sector?
  • Limitations of Blockchain
  • Cryptocurrencies
  • Digital Tokens or Blockchain Tokens
  • Smart Contracts
  • Decentralized Autonomous Organisations (DAO) and Decentralized Autonomous Corporations (DAC)

Industry Showcase: The Rise and Fall of Cryptocurrency

Industry Showcase: The Digital Rupee

  • History of Data Regulation
  • Data in Financial Services
  • Data Analytics in Finance: Application
  • Data-driven FinTech Analytics:
    Credit Scoring and AI Implementation
    FinTech Innovation using IoT
    Fraud Detection
    Algorithm Risk-based Pricing
    Fraud Detection (FinTech in Financial Reporting, Fraud Detection, and Firm Valuation)
  • Open Banking APIs and Startups: A Perfect Match
  • Digital Identity
  • Change in Mindset: Regulation 1.0 to 2.0 (KYC to KYD)
  • FinTech Corporate Governance
  • AI and Governance
  • New Challenges of AI and Machine Learning
  • Data, Metadata, and Differential Privacy
  • Data is the New Oil: Risk of Breach

Industry Showcase: FinTech Analytics

  • Dashboard Creation
  • Virtual Advisor
  • Use of AR, VR, MR, and XR to Make Financial Services Viable
  • Metaverse in Financial Services
  • Chatbot for Better Service Recovery
  • Use of Digital Media and Social Media to Promote FinTech
  • NFTs
  • Social Robots in Financial Services
  • FinTech Regulations
  • Regulations Promoting a Robust FinTech Ecosystem: PSD2/GDPR/ Mifid2
  • Evolution of RegTech
  • RegTech Ecosystem:
    Financial Institutions
    Startups
    Regulators
  • Challenges Faced by RegTech Startups
  • Regulatory Sandboxes
  • Smart Regulation
  • Best Practices for Designing Robust Financial Infrastructure
  • Financial Statement Analysis of FinTech Firms

Industry Showcase: Use Case of AI in Smart Regulation and Fraud Detection

  • Cybersecurity and Fraud Risks in FinTech
  • Regulations and Methods for Fraud Detection and Avoidance
  • Methods of Data Protection: GDPR Compliance and Personal Privacy

Industry Showcase: Cybersecurity Update

  • Case Study – FinTech: Mobikwik
  • Case Study – TechFin: Ant Financial, Creditwatch
  • Case Study – Insurtech: Acko General Insurance
  • Case Study – P2P Lending: CRED
  • Case Study – RegTech: Finchat
  • Takeaways from Case Studies
  • User Experience Management
  • FinTech Application in B2B
  • Customer Satisfaction, Loyalty, and Trust Towards FinTech
  • User Experience Management
  • FinTech Application in B2B
  • Customer Satisfaction, Loyalty, and Trust Towards FinTech

Highlights

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Campus immersion module of three days

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Comprehensive industry-driven curriculum

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Peer-learning and networking opportunities

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IIM Visakhapatnam Executive Alumni status

Details

Pedagogy

The teaching approach for this PG in Fintech programme will be highly interactive by leveraging technology and deploys diverse pedagogical tools and techniques, including lectures, case studies, assignments, quizzes, project work, etc.

Learning Outcomes

    After completing this PG Certificate in Digital Finance and FinTech programme, the participants should be able to:

  • Gain an in-depth knowledge of the concepts of financial modelling required to deal with FinTech problems
  • Delve into recent FinTech trends and gain insights to address the financial modelling issues
  • Learn to apply specialised tech and financial knowledge and skills in strategic decision-making
  • Learn to find, manage, and disseminate complex financial data solutions

Programme Delivery

Sessions for this PG in Fintech programme 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, Tablet, or Smartphone.

Campus Immersion

  • On-campus orientation module of 3 days duration at IIM Visakhapatnam.
  • 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.

Note: Apart from the 18 hours, campus immersion also includes Inaugural and Valedictory functions.

Who Should Attend?

  • Working professionals from the BFSI and FinTech sectors
  • Professionals working in regulatory bodies and policy
  • Professionals looking to specialise in the digital finance area

Eligibility Criteria

  • Diploma (10+2+3)/Graduate (10+2+3)/Post Graduate degree in any discipline, from any recognised university
  • Work experience* of 1 year or above is required

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

Admission Criteria

Participants will be selected based on their application and overall profile for this PG in Fintech certification. Candidates will have to submit an SOP along with the application and other relevant documents.

Programme Director

Dr. Happy Paul

Prof. Pooja has done her Ph.D. in Finance and Accounting area from Vinod Gupta School of Management, IIT Kharagpur. She has more than four years of experience in teaching. Prior to joining IIM Visakhapatnam,
she worked as an Assistant Professor at IIM Jammu, FORE School of Management, and IMT Hyderabad. Her research interests lie in the areas of Capital market-based accounting research, Value relevance of accounting information, Valuation of intangible assets, Valuation of R&D investments, and IFRS/Ind-AS.

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Prof. Pooja Kumari

Assistant Professor, Finance & Accounting

Dr. Happy Paul

Dr. Amit specialises in the area of marketing and is the faculty at IIM Visakhapatnam. Prior to joining IIM Visakhapatnam, he was associated with IMT Ghaziabad as an Assistant Professor. He has obtained his Ph.D. in Marketing from Vinod Gupta School of Management, IIT Kharagpur. He has academic experience of five years working with renowned Institutes. He has published in leading journals and has conducted several workshops on Marketing analytics, SPSS, Amos, SmartPLS, Advanced Excel, and Process Macro in premier institutes of India.

Prof. Amit Shankar

Assistant Professor, Marketing

Certificate and Assessment

Evaluation

Evaluation methodology is at the discretion of the faculty. The methodology includes online exams, case analysis, class contribution and any other component as decided by the faculty.

The programme may require participants to work on individual/group assignments and/or projects. The main objective of such assignments/projects will be to help the participants apply their conceptual learning in the programme to actual organisational decision scenarios.

The participants will have to secure the minimum pass marks in the respective valuation components.

  • Class participation: 30%
  • Simulation: 30%
  • Group project: 40%

Attendance Criteria

A minimum of 75% attendance is a prerequisite for the successful completion of this PG in Fintech programme.

Certification & Alumni Benefits

  • Participants who successfully meet the evaluation criteria and satisfy the requisite attendance criteria, will be awarded a ‘Certificate of Completion’.
  • Participants who are unable to clear the evaluation criteria but have the requisite attendance will be awarded a ‘Certificate of Participation’.
  • Successful participants will also be accorded IIM Visakhapatnam Executive Alumni status.

Alumni Benefits

The ‘Executive Alumni’ status gives access to executive alumni network of IIM Visakhapatnam with the following benefits:

Certification & Alumni Benefits

  • Access to several alumni-driven conference series to grow professional and social interests.
  • Provision of a lifetime Executive Alumni Identity card.
  • Executive Alumni can visit campus during the months of April and May. The visits will be organised by the Alumni with prior consultation with campus authorities. The campus will help facilitate the visit

Sample Certificate

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

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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

Particulars Amount (₹)*
Registration Fees 10,000
Total Fees 1,80,000
Notes
*GST will be additional as applicable.
Participant, at the time of application, pays ₹10,000 + GST, which includes ₹2,500 towards Application Fee, ₹3,200 towards Programme Fee, and Bank Charges of ₹4,300.
In case of participants paying fee via NEFT, RTGS, IMPS, Cheque, and DD will get a waiver of 1.5% (maximum ₹3,200) on an overall fee of ₹2,12,400, only applicable if all payments are made through the same mode.
In case the Applicant’s profile is rejected by the Institute, the initial amount paid on registration shall be refunded subject to a deduction of ₹2,500 by way of administrative charges.
All fees are payable directly to Times Edutech and Events Limited (TEEL).

Instalment Schedule

Instalment Instalment Date Amount (₹)*
At the time of application - 10,000
1st At the time of admission 45,700
2nd 10th April, 2024 45,000
3rd 10th June, 2024 45,000
4th 10th August, 2024 40,000

Important Dates

Event Date
Last Date to Apply 19th November, 2023
Date of Academic Orientation 25th February, 2024
Tentative Programme End Date January 2025

FAQs

The IIM Visakhapatnam Post Graduate Certificate Programme in Digital Finance and Fintech eligibility criteria are designed to welcome candidates from diverse educational backgrounds. Individuals holding a Diploma (10+2+3), a Graduate (10+2+3), or a postgraduate degree in any discipline from a recognised university are eligible to apply. Moreover, a minimum of one year of work experience is required for applicants. However, it's important to note that internships and trainee experiences will not be considered as part of the full-time work experience requirement for this PG in Fintech programme. This criterion ensures a pool of candidates who possess foundational academic knowledge alongside practical exposure, enriching the learning experience and fostering comprehensive skill development in digital finance and fintech.

The duration of this IIM Visakhapatnam PG Certificate in Digital Finance and Fintech is 10 months.

The course covers different paradigms of the Digital Finance and Fintech world. The topics covered under this PG in Fintech programme include the Fintech ecosystem, digital payments and digital banking systems in India, blockchain and cryptocurrencies, data and Techfin, technology in Fintech, Fintech regulation and Regtech, cybersecurity, case studies in the Fintech sector and much more.

The Fintech sector is rapidly evolving, and several key skills are highly sought after in this industry:

  • Data Science and Analytics: Proficiency in data analysis, machine learning, and data visualisation is crucial. Fintech companies rely on data-driven insights for decision-making, risk assessment, and creating personalised financial solutions.
  • Programming and Software Development: Skills in programming languages like Python, Java, and C++ are valuable. Knowledge of software development and familiarity with frameworks such as blockchain, smart contracts, and APIs is highly beneficial.
  • Cybersecurity: With the increase in digital transactions, cybersecurity expertise to safeguard sensitive financial data and systems is essential. Knowledge of encryption, threat detection, and risk mitigation is highly valued.
  • Digital Marketing and Customer Experience: Understanding digital marketing strategies and user experience (UX/UI) design is crucial for customer acquisition and retention in the Fintech sector. Skills in user-centric design and creating intuitive digital interfaces are highly sought after.
  • Regulatory Compliance and Risk Management: Knowledge of financial regulations and compliance standards, especially in different global markets, is essential. Skills in risk assessment, fraud detection, and compliance management are critical for Fintech operations.
  • Blockchain and Cryptocurrency: Expertise in blockchain technology, smart contracts, decentralised finance (DeFi), and cryptocurrencies is increasingly valuable as these technologies reshape financial transactions and services.
  • Financial Modelling and Quantitative Skills: Proficiency in financial modelling, quantitative analysis, and understanding complex financial products is vital for roles involving investment, trading, and risk assessment in Fintech.
  • Adaptability and Continuous Learning: The Fintech industry is dynamic and evolving rapidly. The ability to adapt to new technologies, learn quickly, and stay updated with industry trends is highly valued.

Continuously upgrading these skills and staying abreast of emerging trends within the Fintech sector will be crucial for professionals aiming to thrive in this competitive and innovative industry.

All participants who successfully meet the evaluation criteria and satisfy the requisite attendance criteria will be awarded a ‘Certificate of Completion’, and all those participants who are unable to clear the evaluation criteria but have the requisite attendance will be awarded a ‘Certificate of Participation’.

For this Post Graduate Certificate Programme in Digital Finance and Fintech, Modern Interactive Learning (IL) technology will be used to conduct sessions, which will be supplied in Direct-to-Device (D2D) format so that students may access them on their desktop, laptop, tablet, or smartphone.

To successfully complete this programme, participants must attend at least 75% of the scheduled hours.

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