IIM Calcutta has launched the 9th batch of Executive Program in Applied Finance. This Executive Management Program is specifically designed for Finance professionals. The program comprehensively covers the key concepts of Finance and their applications. The course will be offered at NIIT Imperia centre across 22 cities in India. To know more visit: www.niitimperia.com

1. Executive Program in Applied Finance
Batch 09
IIM Calcutta
Ver 1.0

2. • 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

3. 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

4. • 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

5. • 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

6. PROGRAM
PARTICIPANT PROFILE

7. PROGRAM STUDENT PROFILE*
Rich in experience
from 2 years to 30
years
Diverse educational backgroundRepresentatives 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

8. STUDENTS FROM TOP
ORGANIZATIONS*
BFSI Consulting IT/ITES MANUFACTURING
* Indicative list

9. • 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

10. • 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

11. 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

12. 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.

13. 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

14. 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

15. 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

16. 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

17. • 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

18. SAMPLE CERTIFICATE

19. EPAF 05 Campus Visit
CAMPUS VISIT PICTURES

20. About NIIT IMPERIA

21. • 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

22. • “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

23. • 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.

24.  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

25. 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

26. • 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

27. 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

28. • 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

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

30. 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

31. 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

32. 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

33. • 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

34. 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

35. 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

36. 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

37. 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

38. 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

39. 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

40. 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

41. For any Queries Or Doubts,
Call Us At 18002660304
(Or)
Write to imperia@niit.com