Executive Certificate Program in Business Finance 

offered by IIM Raipur

Understanding the financial statements of various entities

Financial Statements of Banks, Insurance companies, etc

Changes in financial statements of enterprises as per IFRS/IndAS

Analysis of financial statements

Characteristics of various types of financial statements across sectors

Case study on financial statement analysis -identification of companies

Use of statistics using ratio analysis

Discussion on case analysis on ratio and cash flow

Cases and exercise solution on financial statement analysis

Description of the financial markets -capital market, money market & International Finance market - overview

Describe different sources of finance available to business both internal and external

Discuss various long term, medium term and short-term sources of finance

Discussion on alternate sources of finance -venture capital, private equity, lease financing, export financing

Discuss the concept of securitization

Discussion on international financing -understanding financial instrument prevailing in the international market

Calculation of future and present value, including annuity factors

Valuation of fixed claim (Bond)

Valuation of stock

Risk & Return

Capital Asset pricing model

Meaning of cost of capital -from raising funds from different sources of finance

Measure cost of capital of individual components of capital

Objectives of capital investment decisions, understanding capital budgeting, cash flows in capital budgeting decisions, basic principles for measuring the same

Understanding and computing various investment evaluation techniques -Net present value (NPV), Internal Rate of Return (IRR), Profitability Index (PI), Payback period (PBP), Modified internal rate of return (MIRR), accounting rate of return (ARR)

Applying the techniques of capital budgeting in real world -for capital investment decision making

Advantages and limitations of investment decisions

Discuss the concept of risk and uncertainty in capital budgeting

Techniques used in risk analysis in capital budgeting

Meaning and significance of capital structure

Understanding and relevance of capital structure theories -traditional approach, net income approach, net operating income approach, Modigliani and miller approach, trading-off theory, pecking order theory

Concepts and factors for designing optimal capital structure theory. Essential features of capital structure of an entity

Optimal capital structure. Is there any optimal capital structure?

Relationship between the capital structure and performance of the company. Its impact on earnings of the shareholders, EBIT v/s EPS analysis

Discuss the meaning, causes and consequences of over and under capitalization to an entity

Concept of business risk and financing risk

Meaning and importance of dividend decisions

Forms and determinants of dividend

Theories of dividend decisions

Derivatives

Options

Futures

OTC derivatives

Foreign exchange arithmetic

Risk in foreign exchange