PG Diploma in Finance & Risk Management

Course details

Course Overview
With seismic changes continuing to occur in the financial services industry worldwide, professionals who manage risk, money and investments are recognizing the need to objectively demonstrate a globally standardized level of up-to-date industry knowledge, and through this course the learners can aspire to achieve this objective. Taking risk is an integral part of the any business, it is not surprising that most of the orgranisations have been practicing risk managementever since or else the industry could not have survived. But the only real change now is the degree of sophistication now required to reflect the more complex and fast-paced environment in global of this course will learn the following key topics:

• Understand the planning, budgeting and forecasting concepts of finance management.
• Understand the mechanisms to measure and control performance.
• Understand internal control environment and management of risk.
• Understand the financial statement and decision analysis.
• Know how to enhance shareholder/ corporate value by corporate restructuring mechanisms such as M&As and disposals.

Modules and Course Contents

1. Planning process; budgeting concepts; annual profit plans and supporting schedules; types of budgets including activity-based budgeting, project budgeting, flexible budgeting; top-level planning and analysis; and forecasting, including quantitative methods such regression analysis and learning curves.
2. Factors to be analyzed for measuring and controlling performance evaluation including revenues, costs, profits, and investment in assets; variance analysis based on flexible budgets and standard costs; responsibility accounting for revenue, cost, contribution and profit centers; and balanced scorecard.
3. Risk assessment; internal control environment, procedures, and standards; responsibility and authority for internal auditing; types of audits; and assessing the adequacy of the accounting information system controls
4. Processes for managing operational risk, hazard risk, financial risk, and strategic risk; and ERM.
5. Principal financial statements and their purposes; limitations of financial statement information; interpretation and analysis of financial statements including ratio analysis and comparative analysis; market value vs. book value; fair value accounting; international issues; major differences between IFRS and GAAP; off-balance sheet financing; Cash Flow Statement preparation, analysis, and reconciliation; and earnings quality.
6. Relevant data concepts; cost-volume-profit analysis; marginal analysis; make vs. buy decisions; pricing; income tax implications for operational decision analysis.
7. How to use the concept of 'shareholder value' in making better business decisions; Methods of evaluating evaluate 'shareholder value'; Link Value to Value based Management ;Value based management and how it is achieved ; How to value long term business and corporate value growth targets.
8. Rationale and drivers for undertaking corporate re-structuring; Identifying Targets and determination of 'Strategic Fit'; Valuation principles of M&As and Disposals; Determination and valuation of Synergies; Types of acquisitions and their implications ; Interesting cases of hostile acquisitions, price wars; Key steps of and M&A and Divestment transaction.

Updated on 09 July, 2018