IIFT LAUNCHES EXECUTIVE POST GRADUATE DIPLOMA IN INTERNATIONAL BUSINESS IN ASSOCIATION WITH HUGHES COMMUNICATIONS

IIM CALCUTTA LAUNCHES EXECUTIVE PROGRAMME IN FINANCIAL RISK AND INVESTMENT MANAGEMENT IN ASSOCIATION WITH HUGHES COMMUNICATIONSIntroduces the First Finance Programme In India to use High Frequency Live Data from Indian & Global MarketsHughes Global Education and the Indian Institute of Management Calcutta (IIMC) today launched Executive Programme in Financial Risk and Investment Management. The Programme aims to develop professionals into financial market specialists and equip them with the cutting edge knowledge and skills expected in a new-economy by Finance companies in the Business Finance Insurance Services sector, including Intermediaries and Service providers of these intermediaries.

This is the first finance programme in India that uses high frequency live data from Indian and Global Financial Markets using Bloomberg.All sessions beamed through the Hughes satellite platform will be held from the IIM Calcutta Finance Lab. None of the existing finance programmes currently being taught in India have this feature.With financial markets across the globe increasingly becoming more complex and regulatory compliance becoming stricter, the need to understand and practice principles of risk management from a compliance and investment perspective has increased; as has the need for skilled quantitative analysts. Consequently, the need to sensitize professional to the principles of financial risk management from an enterprise perspective with a stress on technology and the specific requirements of the new economy is critical.The Executive Programme in Financial Risk and Investment Management is uniquely designed for executives working or looking forward to a better career in the BFIS sector including banks & financial institutions, insurance companies, KPO, Asset Management Companies, Investment Banking Companies, Brokerage Houses and Hedge Funds, Analytics Firms and Software, IT & ITES Companies in the Financial Verticals. The programme sensitizes participants to the principles of financial risk management from an enterprise perspective with a special emphasis on model building and computational methods in finance.The sustained and substantial upheaval in the financial markets is having a profound effect on the skilled manpower requirement in the finance industry and quantitative investment analysis is becoming equally an art and a science. Major financial regulators of banks, insurance business and pension (provident) funds are imposing model based risk control compliance requirements on these industries. The demand for skilled manpower in these sectors is outstripping supply. Skilled quantitative analysts are highly sought after even outstripping the requirements of IT specialists in the middle to late nineties of the last century. Students completing the Executive Programme in Financial Risk and Investment Management will be well positioned to take up jobs in the Business Finance Insurance Services (BFIS) sector of the industry.Executive Programme in Financial Risk and Investment Management will be offered through the Interactive Onsite Learning (IOL) platform of Hughes Global Education, a leader in Executive Education in India and held at the IIMC finance lab. The platform seamlessly integrates the strengths and advantages of the traditional face-to-face and interactive methods of education with the latest in technology. Using a very powerful interface, the Hughes Global Education enables a student to have seamless and interactive sessions with other students and instructors using video, voice and data. Hughes Global Education already has over 25,000 students improving their skills-sets using its platform across 125 classrooms in 45 cities that involve 8 academic partner institutes. To know more about Hughes Global Education, visit www.hugheseducation.com.

The one year Executive Programme in Financial Risk and Investment Management develops the risk management capabilities of finance professionals through an innovative curriculum. Dr. Ashok Banerjee and Prof. BB Chakrabarti will lead the programme along with select faculty from IIM Calcutta. The programme is divided into 12 modules covering topics like - Mathematics, Statistics & Probability, Financial Econometrics, Corporate Finance, Investment Management, Knowledge of Financial Institutions and Markets, Financial Modeling, knowledge of Options, Futures & Other Derivatives, Risk Management in Banks & Financial Institutions, Accounting and Taxation for Financial Instruments, Corporate Governance, Regulations & Operational Risk and finally Fixed Income Markets.Speaking at the launch, Prof. Ashok Banerjee of IIM Calcutta said, IIMC is pleased to have a partner in Hughes Communications and the strength of our partnership is reflected by the fact that this is the 11th year of our long standing association. The growing complexity of the new economy and recent developments affecting global financial markets makes it imperative that academia and industry partner to develop financial risk managers who, in addition to being skilled, are also capable of managing various regulatory compliance nuances necessary for transparent and sustained financial performance. EPFRIM is a unique offering from IIMC, being the only online finance programme to be conducted from the very advanced IIMC Finance Lab over the Hughes Interactive Onsite Learning platform

Program durationFeesQualification Criteria

1 year, Classes will be conducted twice a Week

Rs. 210000/-

Full Time Degree Graduates (10+2+3) in any discipline with min. 50% marks recognized by UGC/AICTE with at least 2 years of work experience after Graduation

IIM Calcutta shall carry out the examination and evaluation required for certification successful candidates will be awarded a certificate by IIM Calcutta directly, successful candidates will also be offered Alumni status.