Indian Institute of Management, Ahmedabad (IIMA)

Management Development
Programme

Strategic Financial Management & Control

Programme
in

Dubai from April 2010 July 2010

Indian Institute of Management, Ahmedabad (IIMA)

Strategic Financial Management & Control Programme

(A 12 days intensive program delivered over 4 months in Dubai)

(Admissions open . Last Date to submit your application is April 6, 2010)

Objectives
Today's financial world is changing dramatically and this is
reflected in the regional finance management practices in a
rapid evolutionary curve driven by numerous environmental
influences; one, a rapidly increasing organization scale,
geographic scope of operations and business diversity, two,
an emergence of financial markets with opportunities to
access a wider set of innovative financing options with need
of increased reporting and transparency, three, an
increased merger and buyout activity driven by private
equity and a need to enhance corporate valuations, and,
four, an increasingly globalised competitive business
environment with associated risks and uncertainties.
In order to improve your firm's ability to optimize corporate finance strategies and develop new
opportunities for success, Indian Institute of Management, Ahmedabad, Indias best
Management School (www.iimahd.ernet.in), has designed a unique 12 days long intensive
Certificate Program in Strategic Financial Management & Control. The program addresses strategic
and operational challenges in the area of corporate finance, is designed to maximize learning while
minimizing time away from business responsibilities.

The program is designed around three KEY CONCEPTS.

Driving Corporate Performance

Business Performance Measurement & Management with emphasis on strategy implementation and
control
Balance Scorecard
Behavioural Finance

Corporate Financial Decisions

Financial strategy and corporate strategy

Capital structure and financing strategies
Investment evaluation
Valuations in mergers and acquisitions

International Finance

International investment and financing

Financial risk management

Indian Institute of Management, Ahmedabad (IIMA)

Who Should Attend?
The course is appropriate for Corporate Finance Managers, CFOs, GMs, Merchant Bankers and
Financial Analysts, Senior Functional Managers, Business Consultants, and others involved in
corporate finance having at least five years of work experience and seeking to revitalize their
careers.

Pedagogy
A mix of pedagogical tools will be used cases, lectures, discussions, presentations, audio-visuals,
and experiential exercises. A typical day would include about eight hours of classroom sessions.
Preparation for the class requires doing intensive reading of course material. For effective learning
participants should budget approximately 15 hours of reading time in-between sessions. Informal
group discussions amongst participants are recommended.
The programme emphasizes the problem-solving approach the process of defining problems,
specifying objectives, developing alternative courses of action, choosing the best alternative in an
uncertain environment, organizing people to implement the chosen alternative, coordinating their
work, motivating, inspiring and developing them, and finally measuring and controlling their
performance.

Program Design

The program is uniquely designed to enhance learning by

judiciously mixing class room contact with practical assignments
that the participants can implement at their work place. This will
enable the participants to implement their class-room learning in
the field and realize the practical value and relevance of the
learning. Rather the value of the program to the employers will
be the tangible impact or value-addition.
Keeping in view the requirements of the target audience and
given the objectives of providing quality education and
delivering the same in a cost effective and convenient manner,
the program design comprises learning through both class room
contacts and work-place based assignments. The program
consists of 6 modules that cover the strategic as well
operational aspect of Finance management. Each module would
be supported by textual readings, cases and exercises relevant
to the participants. During the intervening period between the
direct class room sessions, when there will be no face to face
contact with the faculty, the participants will still have to be in
contact with the faculty through email and telephone for
guidance and discussion.
The program is spread over three months. The program would
be delivered through sessions on 2-4 days every month, on preannounced dates, totalling 12 days spread over 4 months. Each
day, there would be 4 sessions, totalling 48 sessions. The
content of each module is given in the Table below. The
program is intensive in nature and will require students to
devote time beyond the classroom hours.

PROGRAM DIRECTOR
Prof. Rajendra D Patel
PGDM (IIMA), ACA, AICWA.
Chartered
accountant, Cost
accountant and
MBA from IIMA
with
specialization in
Finance and
Management
Control System.
Worked as senior consultant with
KPMG in UK and Africa, during this
period involved in World Bank debt
rescheduling and providing balance
of support for Central African
countries. From 1986 to 2000
served as Finance Director for Rolls
Royce group in Industrial Power
Generation.
Currently involved in teaching &
consulting assignments on Financial
Management, Management
Accounting and Strategic Cost
Management and Control at IIMA.
Conducted training programs for
various corporations both in India
and Overseas and government
public sector organizations.

Indian Institute of Management, Ahmedabad (IIMA)

Program Contents
Module 1: Risk and Return
Tools : Time Value of Money & Interest Rates and Investment Decision Rules
Valuation of Bonds
Portfolio Theory and CAPM
Cost of Capital Estimation

Module 2: Capital Budgeting

Capital Budgeting Decisions
Capital Budgeting Decisions Relevant cash flows
Strategic choices and flexibilities in capital projects
Real Options in Capital Budgeting

Module 3: Capital Structure Decisions

Capital Structure in a Perfect Market, Debt & Taxes, Financial Distress, and Managerial Incentives
Capital Structure Decision
Financing Choices and Decisions

Module 4: Valuation, Mergers & Acquisitions, Risk Management

Basic principles of valuation
Valuation in Mergers & acquisition
International Financing
Principles of Risk Management

Module 5: Performance Evaluation and Control

Financial Performance Evaluation and Control
Transfer Pricing
Responsibility Centres

Module 6: Behavioural Finance

Balance Score Card
Intangible Asset Valuation
Behavioural Finance

Testimonials of participants of IIMA Programmes in Dubai

The IIMA programme represents value for money and to me provided an opportunity to brush up my skills, meet faculty
with immense practical experience and make professional friends in a new country. I would recommend the programme
to anyone interested in learning from peers and faculty alike.

SANJAY SETH
Group Finance & Strategic Planning Director, Hedley International Emirates LLC
Having done my MBA 17 years ago, I needed a refresher as well as a forum to learn the new management techniques
and on both the accounts I would definitely rate the IIMA program a complete success.

Sujeet Mitra
Director, Uniworld Group of Companies, Dubai UAE
The programme by IIMA is unique in providing me a trusted, high integrity, very senior discussion partner with whom I
could regularly discuss ideas, ask opinions, and get insightful, outsider feedback which I find quite valuable.

Mahesh Chotrani
Purchase Manager, Jackys Electronics, Dubai U.A.E

To me the programme opened up the gateway to a great opportunity for enriching and deepening my knowledge in
management practices. The inputs provided by the program immensely helped me in gaining valuable insights into new
management concepts, and upgrading my skill for efficient business planning and management process.

Ravi Katial
Director, Greene FZE, Dubai U.A.E

Indian Institute of Management, Ahmedabad (IIMA)

Certificate
A certificate of participation will be issued by IIMA to all the participants who have completed all
the requirements of the program including attendance of the direct class room contacts and
submission of all assignments.

Program Details
Dates:

Timings:
Venue:

Program will start on Apr 23 24, 2010 (classes will be on Fri-Sat once in 3 weeks)
Full course schedule with dates will be provided on confirmation.
10:00 AM to 6:00 PM
Dubai

Registration Process
Last Date to submit Application
Enrollment Confirmation to Applicants
Course Fee Payment by Participants
Course Material Distribution to Participants
Course Inauguration & 1st Module Class

:
:
:
:
:

Apr 6, 2010
Apr 8, 2010
Apr 12, 2010
Apr 15, 2010
Apr 23 24, 2010

Program Fee
Fee includes Course Material, Lunch, Tea, Coffee, Snacks, & Certificate.

Full Payment
Installments

:
:

AED. 16,000.00
AED. 17,500.00
1st Installment:
2nd Installment:
3rd Installment:
4th Installment:

(Full Fee to be paid before April 12, 2010)

(PDCs need to be submitted before April 12, 2010)

AED. 5,500.00 (Chq dated April 12, 2010)

AED. 4,000.00 (Chq dated May 7, 2010)
AED. 4,000.00 (Chq dated June 7, 2010)
AED. 4,000.00 (Chq dated July 7, 2010)

Alumni Association
Participants will become members of the IIMA Alumni Association on completion of the programme.
The alumni enjoy certain benefits with regard to the Institutes publications, facilities, and activities.

Contact Information

For Registration and any other information, please contact:

Rajender Bali
Program Manager
SmartGlobal FZ LLC
P.O. Box 500701
Knowledge Village, Dubai, UAE
T : +971 4 367 2244; 050 6521767
E : bali@smartglobalme.com
W: www.iimaindubai.org

Ms. Shikha Garg

MDP Manager
Indian Institute of Management, Ahmedabad (IIMA)
Vastrapur, Ahmedabad - 380015
Gujarat, India
T: +91 79 6632 4071
E: shikha@iimahd.ernet.in; mdp@iimahd.ernet.in
W: www.iimahd.ernet.in