Offering Acadmic Guidance
Corporate Finance for Business Managers
Program Overview
Program Summary:
One of the problems facing many non-finance executives is their inability to understand and apply basic principles of finance and accounting to their day-to-day and longer-term management activities. As managers climb up the organizational hierarchy, they become increasingly involved with financial aspects of their decisions. This would in turn require the regular use of various financial concepts and tools.
This program is designed to provide functional Business Managers with an appreciation and understanding of financial concepts and tools that they would require for most of their decisions. In short duration programs as this one, the emphasis is typically on breadth of coverage and the nature of the concepts and tools is such that great depth of understanding comes about through their application in actual decision making. By equipping the participants with a knowledge of the underlying fundamental aspects, this program aims at creating the basic groundwork on which depth of understanding can be obtained subsequently.
The program covers a diverse set of areas such as financial analysis, project evaluation, funding decisions, business valuation and value drivers, analysis of cost information, the use of spreadsheets infinancial decision making, and so on.
Duration of the Course: 4 Months
Important Dates:
| Last Date of Application: | 10 July 2015 |
| Date of Course Commencement: | 02 Aug. 2015 |
Course Schedule
- Sundays – 5:45 pm to 9:00 pm
- ( 3 Hours every Sunday with 15 min break. )
Mode of Delivery: Virtual Classroom
Eligibility:
- For Indian Students:
- Graduates (10+2+3) or Diploma Holders (only 10+2+3) from a recognized university (UGC/AICTE/DEC/AIU/State Government) in any discipline.
- For International Students:
- Graduation or equivalent degree from any recognized University or Institution in their respective country.
- Only working professionals with past work experience may apply.
Who is right for the program:
- Project Managers, Coordinators & Team members. This program is designed for business managers who have little or no formal education in finance and accounting, but whose responsibilities include budgeting, financial decision-making, or the requirement to understand the business’s financial operations.
Pedagogy:
- The pedagogy will comprise of lectures, case discussions, and analytical exercises imparted by XLRI’s experienced Finance faculty. Select industry experts will also take guest lectures to provide practical insights to resolving the financial problems that you face every day. Concepts will be explained using examples drawn from the real life.
- The lectures themselves will be LIVE classes conducted on a virtual platform. Participants can receive the lectures real time via internet on their individual desktops or laptops. All participants will also be granted access to Talentedge’s Cloud Campus through which the presentations, learning aids and other reference materials as applicable may be accessed. The Cloud Campus can also be used by students to participate in discussion threads, access assignments and post questions even when they are not in a live class.
Assessments:
- There are periodic evaluations built in throughout the duration of the course. These maybe in the form of a quiz, assignment, project or other objective/subjective assessments as relevant and applicable to the program. The evaluations are designed to ensure continuous student engagement with the course and encourage learning. While the results/feedback on such assignments will be provided to the students, no consolidated mark or grade sheets shall be distributed to the Participants at the end of the course.
Certification:
- On the payment of all due fees and the successful completion of the e-MDP in Corporate Finance for Business Managers, participants will be awarded a certificate of participation issued by XLRI.
Course Benefits:
- Course content and structure designed by XLRI which is relevant to you, your business and the market that you operate in.
- Lectures imparted by eminent faculty from XLRI. Guest lectures by Industry experts with an intent to provide practical insights into every day issues.
- Fully online program with LIVE interactive lectures that provides a “real” classroom experience in a “virtual” environment.
- In the event that students misses the LIVE lecture, he/she can request “On Demand” access to the recorded session.
- Seamless technology that can transmit lecture videos effectively at home broadband connection of 512 kbps.
- User friendly and easy to use technology interface. No complicated hardware or software installations required.
- Virtual classrooms that allow for active interactions with other fellow students and faculty.
- Convenient weekend schedules. Classes on Sunday evenings.
- Students on our virtual social learning platform are provided access to course presentations, case studies and other learning aids and reference materials as applicable for specified courses.
- Students can raise questions and doubts either real time during the live class or offline through the Cloud Campus.
Curriculum
The e-MDP in Corporate Finance for Business Managers will include lectures and learning material on the following topics.
Module I: Introduction to Financial Statements and their Analysis
- Understanding Financial Statements
- The “Profits-Working Capital-Cash Flow” Cycle – Ratio Analysis for Managers
Module II: Risk, Return and Time Value of Money
- What is Risk?
- From Risk to Opportunity Cost to Return
- The Discounting Process
Module III: Cost of Capital and Business Funding Instruments
- Characteristics of Equity and Debt Instruments
- Debt and the Leverage Effect
- Drivers of Funding Choices
Module IV: Financial Evaluation of Projects
- How to Estimate Project Cash Flows
- NPV, IRR, Payback Period, and Discounted Payback Period
- Risk Assessment in Project Evaluation
Module V: Management of Working Capital
- Understanding the Working Capital Cycle
- Financial Metrics for Evaluating Working Capital Management
- Management of Receivables & Cash
Module VI: Business Valuation and Valuation Drivers
- Approaches to Valuation
- Identifying Key Value Drivers of a Business
- Generating Inputs for Valuation- Growth, Discount Rate, Cash Flows
Module 7: Generating and utilizing cost-based information for Decision Making
- Cost Measurement for Pricing Decisions
- Generating and using Cost Information for Short-Term Decision Making
Module 8: The Economic Environment of Business
- Understanding the Basics of Monetary & Fiscal Policy
- Key Macroeconomic Indicators & their application
- Competition and Market Power
Module 9: Using Spreadsheets to Aid Financial Decision Making
- Introduction to Spreadsheet Modeling – A Case Study
- Financial Evaluation for Capital Investment Projects
- Simulation and Risk Analysis in Excel
Faculty
Dr Santosh Sangem
Fellow (IIM Calcutta), Chartered Accountant (ICAI), CFA (ICFAI), M.Com (Mumbai Univ.)
Joined XLRI Finance Area in 2009. His primary teaching interests include Accounting, Management Control Systems, Bank Management, Financial Markets, and Corporate Finance. His key research interests include macroeconomic theory, economic capital management in banks, bank regulation, financial history, and asset pricing. He has provided corporate training for reputed organizations in both the private sector and the public sector such as L&T, Viacom18, Pepsi, Accenture, Capgemini, NHPC, NTPC, ONGC, and other corporates.
Fee Structure
Program Fee:
| For Indian Students | For International Students | Last Date of Payment | ||||
| Application Fee : | INR 15,000/- + Taxes | USD 350 | 30th June 2015 | |||
| Instalment 2 : | INR 20,000/- + Taxes | USD 400 | 30th July 2015 | |||
| Instalment 3 : | INR 25,000/- + Taxes | USD 500 | 30th Sep. 2015 | |||
| Total Fee : | INR 60,000 | USD 1250 | ||||
Pay the fee Through DD/PO/Online/Direct Account Transfer.
If you have opted to pay the Application Fee/Instalments of the Fee though Demand Draft/Pay Orders, then please ensure that the Demand Draft/Pay Orders for the applicable amount is made favoring “XLRI Jamshedpur” payable at Jamshedpur and is sent to the address provided below along with the downloaded copy of your Application Form. Please ensure that you write your Name, REGID, Course Name which is e-MDP (CF)-01, and Contact number at the back of your Demand Draft/Pay Order.
To know more about the application process, please call our academic counsellors at +91 9829016449 or 8233970000.
Admission Process
Apply for the course of your choice in three easy steps:-
- Do your research before selecting the course that interests you from the wide range of courses available.
- Complete your application form.
- Make payment to apply for the course of a particular college and finish the application process.
- You will receive a confirmation mail from the respective institute right away. In case the college is closed for new applicants, you can simply register for the course and you would be apprised of the updates from the institute through mails.
Offering Acadmic Guidance
