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| Programme Structure >> PGPRM |
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| Programme Structure of PGPRM |
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| Programme Outline : |
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P-G01 : Introduction to Accounting and Finance
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1. Introduction to Accounting
2. Accounting Entities
3. Introduction to Finance
4. Nature of Financial Management
5. Analysis & Interpretation of Financial Statements
6. Working Capital Management
7. Financial & Operating Leverage.
8. Capital Structure
9. Capital Budgeting
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P-G02- Quantitative Measurements of Risk
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1. Introduction to QT
2. Measures of Central Tendency
3. Measures of Dispersion
4. Probability
5. Probability Distribution
6. Decision Theory
7. Markov Chain & Simulation
8. Practical Skills in using Calculators and Excel Sheets. |
| RM01 : Nature of Risk Management |
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1. Risks and Rewards
2. Framework for Risk Management
3. Value at Risk
4. ISO Standards
5. De-risking
6. Risk and Probability
7. Securing Assets
8. Insurance & Self Insurance
9. Moral hazards |
| RM02 : Risk Management in Equities and Debt |
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1. Risk Management in Equities
2. Promoters share vs Other Equity Shareholders
3. Shareholder's Agreements
4. Non Voting Rights; various classes of equity
5. Protection of Minorities; Independent Directors, Compensation and Other Communities of Board
6. Role of Secretary of a Company
7. Corporate Governance History in India
8. Risk Management in Debt
9. Seniority, Subordination and Security
10. Timings and Magnitudes of Cash Flows
11. Defaults; Reorganization; Conversion; Bankruptcy |
| P-RM03 : Introduction to Foreign Exchange & Financial Markets |
1. Foreign Exchange Market - exchange rate determination – purchasing power parity and interest rate parity principles – major currencies and transaction volumes in global markets
2. Exchange arithmetic – direct, indirect, cross-currency quotes – spot & forward settlement – ACI convention - forward calculations
3. Regulatory environment in India – Convertibility of Rupee on current and capital accounts – RBI guidelines on FDI, ODI and ECB
4. Macro-economic factors affecting Exchange Rates – inflation & interest rates – FDI and FII flows - BOP
5. Trade Finance – RBI guidelines for export / import payments – Buyers / suppliers credit – UCP for documentary credits – bill finance - Structured trade finance: LC rollovers, stand-by LC etc. – Insurance protection (ECGC / Credit Shield etc.)
6. Project exports (PEM) – country risk & legal risk – tendering and long term exposures – project finance
7. Structure of Indian financial markets – debt & equity instruments – primary & secondary markets for G-sec and corporate bonds – globalisation
8. Forward contracts – booking / cancellation / roll-over with exercises
9. Global Financial Markets – institutional set-up – mobilization of debt & equity funds – loan syndications, FRN / Bond issues, GDR. ADR and IDR – hybrid instruments: convertibles & perpetual bonds with embedded options
10. FC accounts in India – EEFC & PCFC facilities - NRI / FCNR and RFC deposit accounts – Diamond Dollar Accounts – FEMA provisions on misc. remittances
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| RM03 Risk Management in Foreign Exchange |
1. Derivatives: OTC and Exchange traded products – currency & interest rate derivatives - options vs. forwards – Forwards vs. futures – evolution of derivatives market in India – introduction to credit derivatives
2. Currency options – option terminology & pricing – ATM / ITM / OTM plain vanilla put / call options – intrinsic value and time value measurement
3. Combination of options – zero cost, range forward, participating forward, put-call spreads and seagull structures
4. Liability management – currency and interest rate swaps – FRA, COS etc. – Interest Rate options: caps & floors – swaps embedded with options
5. FX Risk Management – identification of exposures – transaction, translation & economic exposures – exchange rate and interest rate volatility – quantification of risk
6. Approach to FX risk management – revenue and balance sheet exposures – hedging strategy – monitoring risk in open positions – risk limits
7. Use of derivatives n risk management – risks in derivatives – cost reduction schemes – current & projected exposures - RBI guidelines on prudential practices
8. Treasury organisation – Front Office, Back Office & Middle Office – control & reporting systems – FX position limits – RBI guidelines
9. Hedge Accounting & documentation – Indian GAAP & IFRS – hedge relationship - fair value measurement – effectiveness testing – hedge document – ISDA Master Agreement
10. Futures Markets – brief description of currency, interest rate and commodity futures – RBI guidelines
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| P-RM04 : Introduction to Insurance |
1. Principles of Insurance
2. Practice of Insurance
3. General & Life Insurance.
4. Accounting for Insurance and Claims
5. Insurance products – General & Life Insurance |
| RM04 : Management of Insurance Risk in Corporate Firms |
1. Types of Risks and Policies
2. Risk Theory – Risk audit
3. Fire, Floods etc insurance for Civil Structures
4. Insurance for Stocks in ware houses and within factory
5. Key Person Cover; Group Insurance; Mediclaim
6. Maritime Insurance for Inland, Export and Import Cargo ; Exim Bank Insurance
7. Moral hazard – Adverse selection.
8. Insurance for Stocks in ware houses and within factory
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| P-RM05 : Introduction to Banking |
1. Basics of Banking Practices
2. Banking Law and Regulation
3. Indian Financial System
4. Overview of International Financial System
5. Indian Economic System
6. Treasury Management |
| RM05 : Risk Management in Banking |
1. Introduction to Risk Management in Banking
2. Various Types of Risk
3. Ways of Mitigating Risk
4. Introduction to BASEL Norms |
| P-RM06 : Introduction to Computer Networks |
1. Introduction to Networking (LAN/WAN, Client, Server, Protocols) incl wireless Networking
2. Basics of Internet & e-mail systems
3. Introduction to database servers
4. Basic Programming concepts – variables, arrays, input fields etc.
5. Introduction to the web and web applications
6. Concepts of virus , spyware, malware, adware etc. |
RM06 : Information Technology Risk Management |
1. Types of IT related risks in Finance
2. Measures for Prevention incl Standards and Compliance
3. Business Continuity and Disaster Recovery
4. IT risk Audit
5. Legal – IT Act |
G-01 : Legal including taxation |
1. Direct Taxation for Individuals, partnerships and Corporates
2. PAN , TAN, TDS, TDS Certificates, Returns, Advance tax and its payments, Interest on late payments. Exemption Sections, Using Ready Reckoners.
3. Annual Returns, Assessments, Appeals,
4. Indirect Taxation, VAT, Set Offs
5. Cash Flow Management; Managing Creditors, Bank Borrowing, parking Surplus Funds; Predicting Cash Flows.
6. Commodity Hedging
7. MIS for Risk management, Excel Sheets, ERP Dash Boards
8. Indian Commercial law |
G-02 : Personality and Softskills Training |
1. Debating and Participating in Discussions
2. Encouraging Others; Team Building as a follower
3. Critical Reading and Thinking
4. Formulating Thoughts and Essays
5. Lateral Thinking; PO; Word Non-Association; 6 Hat Thinking
6. Office Suite
7. Persuasive Presentation
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| RM – Risk Management ; P – Preparatory / Bridge module; G - General |
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