Post Graduate Diploma in Financial Management (PGDFM)
(Equivalent to MBA - Accredited by AIU)
The financial Sector in India has seen substantial changes over the past decades. India is moving rapidly towards capital account convertibility. Companies and individuals access to funds have changed dramatically. Domestic (and, to a limited extent, foreign) capital markets are now relatively freely accessible. Increased availability and use of derivatives allow fine-tuning of terms of financing. The financial markets have become much more transparent and efficient. The regulation and financial intermediaries are changing. Regulations now focus on risks and management of risks return than on producers. Instruments such as swaps and credit derivatives, techniques such as value at risk and yield curve modeling regulatory innovations such as basing capital adequacy norms on market and credit risk, did not exist before the 0980 but have now become the norms.
Further, the practice of finance has evolved rapidly as a result of these changes. Finance today involves evaluating and using instrument, markets and methodologies different from those prevailing just a few years earlier.
Today’s practitioner should also be equipped to analyse and evaluate developments that are bound to occur in the years to come. In addition, the peculiarities of the Indian and other emerging markets mean that tools and techniques need to be adopted or developed before they can be used effectively. At the same time subject of Financial Management is undergoing rapid changes with the shift in emphasis from raising funds to best utilization of limited funds.
The finance executive is not in a passive role of just a scorekeeper of the accounting information and arranging funds, rather he occupies an important role in the complex management problems.
Keeping eyes on above mentioned development and future prospect the institute offers two years full time post graduate diploma in Financial Management by understanding the greater importance of financial services industry.
The first two semesters are designed to provide the basics of the finance function along with the other functional areas of management, followed by two months summer training in industries / business organisation. Highly advance inputs of finance are given to the students through different assignments like share market trading, financial debate, onside training in financial institutions and different areas of finance.
After completion of this two year course, the student has a wide scope of opportunities for his career in finance like Commercial Banking, Investment Banking, Money Management, Real Estate, Insurance, Financial Planning etc.
Student can persue Higher education / Research eg. Ph.D. after this course.
PGDM(FM) is a two-year full-time residential programme.
Minimum 3 years of Bachelor's degree in any discipline from a recognized University in India or abroad.