IIF:Regular Learning Programs: Course Listing of Regular Program

101 Accounting for Financial Analysis:
Understanding Financial Statements; Financial Statements Analysis - Ratio Analysis, Funds Flow Statement, Cash Flow Statement; Accounting Concepts and Conventions; Accounting for Depreciation & Price level Changes; Appropriation of Profits; Introduction to GAAP; International Accounting Principals; Recent Trends in Corporate Reporting.

102 Economics for Decision Making: Demand and Supply Analysis;
Production; Cost of Production; Profit Maximisation and Competitive Supply; Competitive Markets; Market Power - Monopoly , Monopsony, Monopolistic Competition & Oligopoly; Market for Factor Inputs; General Equilibrium & Eco. Efficiency; Externalities & Public Goods.

103 Quantitative Techniques & Forcasting for Finance:
Managerial decision making and Statistics; Frequency distribution and their analysis; Index Numbers; Probability concepts, rules and probability distributions; Sampling and sampling distribution; Estimation; Tests of Significance; Constructions of Confidence intervals for means and proportions; Simple Linear regression analysis; Simple Correlation analysis; Multiple regression and correlation analysis; Time Series Analysis; Meaning & Importance of Forcasting; Techniques of Forcasting; App. of Techniques of Forcasting.

104 Computers Applications in Finance:
Introduction to Computer Systems & it's Components; Networking Concepts -LAN, WAN, E-mail, Internet; Storage Devices; Use of Excell Spread Sheets, Word Processing, DBMS, Graphics; Use of Finance Application - Tally, Oracle Finance, SPSS, Stata, MS Excell; Managing Data Processing in Organisation; E-Commerce; E-Finance.

105 Regulatory Framework of Business: Main provisions of :
Indian Contracts Act 1872; Negotiable Instruments Act 1881; Companies Act 1956; Monopolies & Restrictive Trade Practices Act 1969; Consumer Protection Act 1986; Securities & Exchange Board of India Act 1992; Patents Act; Securities & Contracts Act 1956; Sick Industrial Companies Act 1985; Foreign Exchange Regulation Act.

106 Organisational Behaviour:
Nature of Organisational Behaviour; Theories of Organisation Behaviour; Organisational setting; Group dynamics and organisational behaviour; Conflict and intergroup behaviour; Motivation and organisational behaviour; Communication and group decision making; Leadership; Organisational controls; Relevance of Organisational Behaviour; Organisational Change, Change Process, Resistance to Change, Management of Change; Organisational Development, Approaches to Organisational Development, Organisational Development Process; Team Building; Org. Dynamics, Power & Politics; Org. Climate, Components of Organisational Climate; Morale; Organisational Culture & Sub-cultures; Socialisation.

201 General Studies and Personality Development:
History of India; World Economic Geography; Bhartiya Sanskriti & Litrature; Indian Philosphy; Indian Science, Religion & Culture; Indian Consitution; Indian Admnistrative Structure; Grooming & Personality Traits; Commuication Skills & Barriers; Public Speaking; Inter-personal Skills & Body Language - Personal Appearance, Posture, Gesture, Facial Expression, Eye Contact, Space Distancing.

202 Macro Economics & Public Finance:
National Income Concepts and Methods of Estimating ; Theory of National Income Determination; Analysis of Money Market ;Credit Market- Working and Control Mechanism; General Equilibrium - IS-LM Model; International Aspects of Macroeconomics; Theory of Public Finance; India’s Public Finance; Macroeconomics Policies.

203 Operations Research for Finance & Risk Analysis:
Scientific decision making; Mathematical models and decision theory; Linear Programming (Resource Allocation) - Graphical and Simplex method, Transportation and Assignment, Duality and Post Optimality, Sequencing, Game Theory, Queuing Theory, PERT/CPM, Markov Analysis; Non-Linear Programming - Integer programming and its applications, Goal Programming - Formulation & Applications, Application of Dynamic Programming, Simulation Techniques and Applications.

204 Human Resources Management:
Basic Concepts of HRM; Employment Function; Manpower Planning at the Enterprise Level; Performance Evaluation; Post Appraisal Actions; Wage and Salary Administration; Fringe Benefits; Motivation; Morale in Work Group; Industrial Relations.

205 Marketing Management:
Marketing’s Role in Organisational Performance; Building Customer Satisfaction; Analysing Marketing Opportunities; Marketing Information & Measuring Market Demand; Customer Markets and Buying Behaviour; Developing Marketing Strategies ; Differentiating and Positioning the Market Offering; Developing New Products; Managing Life-Cycle Strategies; Designing Marketing Strategies for Market Leaders, Challengers, Followers and Nichers; Managing Product Lines, Brands, and Packaging; Designing Pricing Strategies and Programs; Selecting and Managing Marketing Channels; Market Logistics; Advertising, Sales Promotion and Public Relations; Managing the Sales Force; Direct and On-line Marketing; Organising, Implementing, Evaluating and Controlling Markets.

206 Management Accounting & Control:
Managerial Accounting Environment; Cost Flows and Concepts; Structure and Analysis of Cost; Techniques of Costing; Cost-Volume-Profit Analysis ; Standard Costing and Variance Analysis; Budgeting & Budgetary Control; Inventory Planning & Control; Pricing Decisions.

301 Financial Econometrics & Equity Research:
Nature and Scope of Econometrics; Linear Models; Extension of the Linear Model; Generalised Least Squares (GLS) estimation; Simultaneous Equations models; Monte Carlo Studies, Simulation process; Evaluating simultaneous models; Simultaneous confidence intervals; Research Methodology, Defining Research Problem & Design, Sampling Design, Measurement & Scaling Techniques;Methods of Data Collection, Processing & Analysis of Data, Testing of Hypothesis, Interpretation & Report Writing; Use of Econometric, Technical & Financial Tools for Equity & Debt Analysis.

302 Indian Financial System:
Structure & Functions of Financial System; Equilibrium in Financial Markets; Overview of the IFS - Reserve Bank of India, SEBI, Commercial Banks in India, NBFC, Development Finance Institutions; Financial Sector Reforms; Specialised Financial Institutions; Money Markets; Capital Markets; Mutual Funds; Credit Rating; Venture Capital; Foreign Inst. Investors; Insurance Companies.

303 Corporate Finance & Valuation:
Basic Concepts of Valuation; Investment Decisions - Techniques of Capital Budgeting; Cost of Capital; Goal Programing Models; Risk Analysis in Capital Budgeting; Financing Decisions - Theories of Capital Structure, Planning the Capital Structure, Assessment of Debt Capacity; Dividend Decisions, Models of Dividend Policy, Legal Aspects of Dividends; WCM; Financial Statement Analysis.

304 Corporate Tax Planning:
Nature and Scope of Corporate Taxation; Taxation for Property Business, Individual, Partnership Firms; Corporate Tax and Procedure; Assessment Procedure; Gift Tax, Wealth Tax; Sales Tax; Excise Duty; Custom Duties; Tax Planning Methods; Selection of Appropriate Form of Organisation; Corporate Tax Management through Managerial Decision; Accounting Precautions to maximise a Tax Relief; Tax considerations & management.

305 Management of Banking & Financial Institutions:
Mgt. of Funds, Banking & Financial Inst. - Systems & Framework, Organizational Structure; Intenational Banking, Depository Institutions - FDIC, Jurisdiction and Regulatory framework; Risk Transfer & Management - Interest Rate Risk, Liquidity Risk, Credit Risk, Market Risk; Payment, Clearing and Settlement Systems; Banks Assets, Liabilities and Financial Statements, Deposit and Liability Management, Off-balance sheet Products - Inter-Bank Deposits & Transactions; Financial Innovation; Financing; Basel Accord; Crisis; Hedge Mgt.; Performance Evaluation. Asset Liability Management.

306 Personal Finance & Investment:
Objectives of Financial Investment; Personal Financial Planning; Investing with low Risk; Aggressive Investestment; Investments - Real Assets, Companies, Commodities and Financial Markets; Institutional Investors & Invesment; Family Business Investments; Markets for Securities; Security Returns and Valuation; Risk Factors; Economic Analysis; Industry Analysis; Company Analysis; Technical Analysis; Bond Analysis; Market Systems & Dynamics. Personal Investment & Tax Planning; Management of Board/Executive Meetings.

401 Management Control System:
Meaning, Nature and Objectives of Management Control System; Systems Theory; Management & Financial Control; Designing Control Process & Managerial Control; Strategic Management Control in Functional Areas - Production & Inventory Control, Marketing & Distribution Control, Personnel Function, Management Control in Service Organisation and MNCs.

402 Securities & Portfolio Management:
Basic Approaches to Portfolio Management ; Portfolio Theory ; Bond Management Strategies ; Portfolio Selection ; Portfolio Analysis ; Portfolio Management and Performance Measurements ; Portfolio Revision Techniques ; Management of Mutual Funds ; Modifying Portfolio with Derivatives; International Diversification.

403 Advanced Financial Analysis & Risk:
Capital Budgeting Decisions under Risk & Uncertainty - Mathematical Programming Techniques, Linear Programming Method, Integer Programming Method, Goal Programming Model, Simulation, Fuzzy Goal Programming Model, Stochastic Goal Programming Model; New Financial Instruments/Concepts; New Sources of Finance; Shareholder Value Creation; Predicting Industrial Sickness- Using Ratio Analysis, Altman’s Z score; Securitisation.

404 Capital Markets & Financing:
Overview of Capital Markets; Dynamics of Capital Markets & its Evolution; Capital Market Instruments; Securities & Exchange Board of India; International Capital Markets; Secondary Markets; Management of Public Issues; Listing of Securities; Raising Funds in Overseas Market; Foreign Investment

405 Financial Services:
Overview of Financial Services; Fund-based Financial Services - Lease Financing, Hire-Purchase Finance and Consumer Credit, Factoring and Forfaiting, Bill Discounting, Housing Finance, Insurance Services, Venture Capital Financing, Fees-based Financial Services -Merchant Banking, Capital Issues Management, Stock Broking, Credit Rating, Corporate Advisory Services; Regulatory issues

406 Business Valuation, Mergers & Acquisitions:
Types and Motives of Restructuring; Reasons for Corporate Restructuring; Formulation of a Corporate Restructuring Strategic Plan; Valuation - Free Cash Flows Basis, Dividend Growth Basis, P/E basis; Sell-Offs; Divestitures; Spin-Offs; Equity Carveouts ; Leveraged Buyouts; Master Limited Partnership; Accounting Aspects of Mergers; Regulatory Environment in India ; SEBI Takeover Code 1997; Relevant Provisions of the Companies Act 1956 and other laws; Defense Mechanism; Negotiation Process.

501 Corporate Strategy & Business Policy:
Concept of Corporate Strategy; Mission, Objectives & Goals; Social Aspects of Business Policy; Environmental Analysis; Analysis of Internal Resources; Strategic Planning; Choice of Strategy; Strategy Implementation; Review and Evaluation of Strategy.

502: Insurance Management & Risk Analysis:
Role & Importance of Insurance, Evolution of Actuaries, Insurance in India, Role of IT and Intermediaries; Broker's Agency& Regulation; Measuring Insurance Risk, Loss Minimisation & Financial Planning; Life Insurance - Policies, Annuities,Measurement of Risk, Mortality Table, Calculation of Premium, Investment of Funds, Surrender Value; Marine Insurance - Policies, Premium Calculations, Settlement of Claims; Fire Insurance - Policies, Rate Fixation; Re-Insurance; Motor Insurance; Personal Accident Insurance; Health Insurance; Rural Insurance in India; Regulatory Framework in India - Insurance Act 1938, Life Insurance Act 1956, Marine Insurance Act 1963; Role of Insurance Regulatory Authority; Comparative Analysis of Schemes & Policies.

503 New Financial Models & E-Finance:
Fibre Bundles in Finance; Virtual Arbitrage Pricing Theory; Dynamic, Volumes & Money Flows; Entrepreneurial Finance; Venture Finance; Financial Innovations; Derivative; Pricing Theories; E-Finance, E-Commerce & E-Business; Financial Price Simulation, Distribution Analysis, Cash Flow Maps, Optimization Techniques; Develop spreadsheets for Pricing Exotic Options; Algorithmic concepts and Dynamic Programming Efficiency; Goal Programing & Stochastic Goal Programming Models.

504 Financial Engineering & Risk Management:
Financial Engineering vs. Financial Analysis; Knowledge Base of the Financial Engineer - Mathematical & statistical shills, Modelling skills, Product knowledge, Knowledge of relevant technology, Accounting, Tax and Legal; Using Financial Engineering - Interest rate dimension, Foreign Exchange dimnsion, Commodity price dimension, Tax dimension, Pension Portfolio dimension, Analysing & Restructuring of the Balance Sheet, Modelling a firm’s exposures; Product Development; Future Directions in Financial Engineering; Legal protections for innovative fin. products & services.

505 Project Management, Appraisal & Control:
Investment Decision Making - Basic Consideration: Risk and Return; Identification of Invt. Opportunities; Market Appraisal; Technical Appraisal; Estimates and Projection; Financial Appraisal; Social Cost Benefit Analysis; PERT and CPM - Time and Resource Planning; Project Review and Control - Stop by Stop Procedure.

506 Options, Futures & Financial Derivatives:
Forward Contracts, Futures Contracts, Options and Exotic Derivative products & types; Derivative History & Evolution; Hedging with Options; Arbitrage with Options; Arbitrage and Pricing - Black-Scholes Options Pricing Model, Binomial Model of Cox, Ross and Rubinstein, Economic Assumptions of Continuos Time Model; Stochastic Differential equilibrium; Brownian Motion and ITO’s Lema; Historical & Implied Volatility; Options, Greek Hedging Schemes; Application to Corporate Securities; Passage Time Method Real options; Structural Models of Defaultable Bonds; Term structure of Interest rates; Multifactor Models; Pricing of Term Structure Derivatives; Heath, Jarrow Morton Model of Forward rates; Optimal portfolio & Consumption choice; Equilibrium model including CCAPM; Derivative Trading; Insurance, Weather & Energy Derivative.

601 Business Ethics & Corporate Social Responsibility:
Socio-Cultural-Economic Environment & Value Systems; Bhartiya Sanskriti, Class Structure, Demographic Profile, Life Styles; Political Environment, & effects of Attitudes/Preferences; Financial Environment & Fiscal Systems; Ethics in Business; Business Ethos; Governance in Family Businesses; Good Governance; Corporate Social Responsibility; Role of Administrative Systems; Governance, Corruption & Economic Performance; National Goverence; Governance, Ethics & CSR; Regulatory & Societal Framework;

602 Management Information System & Control:
Overview of MIS; Role of Information Systems in Managerial Decision Making; Managing & Control of Information Systems; Artificial Intelligence & Expert Systems; Technology & Information Systems; MIS applications - ERP, SAP, RDBMS, EMS; Quality & Efficiency of Information; System Analysis & Design; TQM with MIS; MIS in E-Business.

603 Global Financial System:
Financial Systems & Growth; Evolution of Modern and Traditional International Monetary and Financial System; Role of Financial Systems; Multinational Financial System; International Markets; Movement of Finances in Electronic Age & Risk; Accounting & Tax Issues; Finance without Frontiers; Financial Systems of the Future.

604 International Finance:
Scope of International Finance, Balance of Payment & Exchange Rate Determination; Foreign Exchange Market; Forward Exchange Rates; Currency Futures; Currency Options; International Investment; Exchange Rate Management; International Banking; Nature of Global Financial Market; Growth and Special Problems of Multinational Corporations; Financial Dimensions of International Trade; Multinational Working Capital Management; Foreign Trade Financing.

700 Project Work (Equivalent to 2 courses):
With the objective of providing greater flair of corporate experience, each participant is required in Semester VI, to be associated with a Corporate House and choose a practical problem relevant to the Company. The participant is expected to understand/comprehend the problem, evaluate the various options and then suggest feasible solutions for the same.