You are on page 1of 15

Welcome to the London Academy

In today’s business world, learning and development are the keys to
successful career development.
Our mission at the London Academy of Professional Education and
Research is to provide not just high quality learning and
development, but learning and development that lead to
professionally-recognised qualifications for both students and
practitioners across a range of business sectors.

We recognise the time pressures that many of you are under, and
so our courses are offered as distance learning programs to provide
you with the greatest possible flexibility. We are delighted to be
launching an initial range of three programs, alongside a range of
publications, all of which are underpinned by leading-edge thinking
and research.

We are committed to remaining at the forefront of business learning
and development, and further programs will follow over the coming
months.

I do hope that you will find this initial offer of interest to you in your
career development, and look forward to welcoming you onto one of
our programs.

Christopher Lenton
Chairman

The phenomenal growth of business - and the globalisation of markets - is reflected not just in an ever-
increasing range of business activities but also by complementary advances in management tools and
techniques. A wider range of financial products, and the development of new socio-economic concepts, have
changed not only the global competitive market but the whole legal environment as well.
The recent upheaval in the financial markets has highlighted the need for a complete paradigm shift in the
areas of risk management, credit appraisal and project management techniques. A new class of executive is
now required to address the needs of this sector in the years to come.
In the wake of these developments, and with the growing importance of finance, investment and management,
the Professional Certification Programs have been designed by the London Academy to cater to the needs of
the new breed of professional and student alike, whether they are already active or preparing to become so in
these areas.
Professional Certification Programs
Three professional certificates are offered in the following areas
• Treasury & Risk Management
• Investment Banking
• Project Management
For Whom
• Graduates: (any discipline).

• Professionals: MBAs, CFAs, CAs, CWAs, CSs who seek careers in treasury, investments, banking
and project management.
• Students pursuing programs like MBA, CFA, CA, CWA, CS and full-time postgraduate programs in
commerce, economics, mathematics, statistics and management.
• Working Executives, Entrepreneurs, Consultants, etc.
Eligibility
Graduation in English medium (any discipline) with 50% marks and above.
Validity of enrolment
The validity of enrolment into the program is three years from the date of enrolment. Students who are unable to
complete the program within the validity period of three years, but still keen on continuing the program, are
required to re-register by paying the requisite fee. The typical time taken to complete the programs is 9-12
months, provided that students study regularly and appear for examinations every quarter.
360o Flexible Learning Program
The Professional Certification Programs are based on a combination of study and examinations.
Self-Study : A detailed study plan with courseware is provided in the form of CD, specifically designed and
intended for self-study.
Examinations: The examinations serve as a final assessment and certification of the student's understanding of
the subjects.
The examinations are rigorous, and are generally conducted on Sundays, four times a year in January, April,
July and October.
Fee
The fee for each of the Professional Certification Programs may be found in the Application Material.
Students Regulations
Students who are enrolled into the Professional Certification Programs will be provided with Students'
Regulations which contain the various rules and regulations pertaining to the administration and completion of
the programs and their associated examinations.
Outline Curriculum
The curriculum for the Professional Certification Programs given in the respective pages is in outline only. The
detailed curriculum for the Professional Certification Programs will be provided to students on enrolment. The
outline curriculum given in this website may be modified, revised, changed, deleted or added to from time to
time, depending on developments in the respective areas of study.
Proctored Online Examinations
The examinations for the Programs of the London Academy are carried out online. These online examinations
are proctored by faculty members and take place at examination centres in different cities.
Students who are eligible to take the examinations are required to register for them using the Online Registration
Facility, and indicate which city they wish to attend for the examinations. Such students will be given a specific
slot on the scheduled day. More details will be provided to students once they are enrolled.
Online registration facility
All students are required to register for their examinations (including payment of fee) using the online facility
only.
Test Centers
The proctored online examinations are held at the following test centers in India.

Mumbai Bangalore Delhi
Chennai Kolkata Hyderabad
Pune Ahmedabad

Examination calendar
The examinations are generally conducted on Sundays in January, April, July and October. The schedule of the
examinations is given below:

Examination Dates Last Date for
Submission of
Date Examination
Month, Year
(Sundays) Registration Form
July, 2010 4, 11, 18, 25 May 31, 2010
October, 2010 10, 17, 24, 31 Aug 31, 2010
January, 2011 9, 16, 23, 30 Nov 30, 2010
April, 2011 3, 10, 17, 24 Feb 28, 2011

Eligibility for appearing in examinations
Students will be eligible to appear for the Group A examinations six months after the date of enrolment, provided
all fee dues have been paid in full. Subsequently, students can appear for one group every 3 months. Students
are required to appear and pass the groups in sequential order.
Enrolment dates
In order to become eligible to appear for the examinations, students are required to enrol into the program on or
before the following dates.

Enroll into the Program
Examinations
on or before
July, 2010 December 31, 2009
October, 2010 March 31, 2010
January, 2011 June 30, 2010
April, 2011 September 30, 2010
Passing requirement
The marking scale of the examinations and final pass/fail decision with respect to each student sitting for the
examinations will be determined by the London Academy. Such students will receive the result of the respective
examinations on a pass/fail basis from the London Academy.
Certification from the London Academy
All students who successfully complete the programs will be awarded Professional Certificates in the respective
domain areas from the London Academy.
Accreditation from The Association of Business Practitioners (ABP)
The Association of Business Practitioners (ABP) is a not-for-profit awarding body affiliated to the Association of
Business Executives (ABE), a professional membership body, recognized by the UK regulatory authorities for
qualifications. The ABP mission is to provide high quality, affordable qualifications which address the needs of
employers, training providers and teaching institutions and which also provide individuals with opportunities for
personal and professional advancement. ABP and LAPRO are developing a long-term working relationship with
the intention of unlocking the potential of LAPRO's learners. The above programs of LAPRO are accredited by
ABP.
Many significant developments have taken place in financial markets all over the world in recent
years. With increased volatility in exchange rates and growing liquidity constraints, corporations and
banks have had to start paying closer attention to treasury management.
Certified Treasury Manager (CTM), a professional certification program, is designed to prepare
students and executives alike for the challenges of a career in treasury management and related
fields.
The CTM Council, London
All students who successfully complete the Professional Certification Program are eligible to become
members of CTMC, subject to fulfilling the criteria for such membership.

Program Structure
The program covers all the important topics related to treasury and foreign exchange management, and the
program is arranged in two groups. The structure of the program is given below:

Group/Part Subjects

Group A

Part I Treasury Management

Part II Foreign Exchange
Management

Group B

Part III Risk Management-I

Part IV Risk Management-II
Outline Curriculum
Group A
Part I: Treasury Management
• Scope and Functions of Treasury Management
• Financial Forecasting
• Short-term Financial Planning
• Financial Markets and Instruments
• Long-term Funds
• Internal Treasury Controls
• Tax Planning and Management
• Managing Bankruptcy
• Banking Relationships
• Managing Investor Relationships
• Current Developments
Part II : Foreign Exchange Management
• International Economics and International Finance
• International Financial Markets and Instruments
• Foreign Exchange Markets
• Determination of Exchange Rates
• Forex Trading
• Financing of International Trade
• International Working Capital Management
• Multinational Corporations
• Current Developments
Group B
Part III : Risk Management-I
• Introduction to Risk Management
• Quantitative Techniques
• Debt Instruments, Prices Yields and Hedging
• Forward, Futures and Options Markets
• Managing Risks with Forward, Futures, Options and Swaptions
• Accounting and Tax Implications
• Current Developments
Part IV : Risk Management-II
• Pricing and Valuation of Risk Products
• Futures
• Options
• Swaps
• Forex Exposures
• Translation Risk
• Derivatives and Speculation
• Ethical Dilemmas
• Current Developments

The expansion of global investment banking has brought about some much-needed
professionalisation in this crucial sector. This, in turn, has widened the scope of activities undertaken
by investment bankers, including services such as loan syndication, advisory services and managing
mandates for offerings of ADRs, GDRs and IPOs in developed and developing countries.
Certified Investment Banker (CIB), a professional certification program, is designed to help students
and executives alike bring a strong degree of professionalism to the many interesting and challenging
careers available in investment banking and its related fields.
The CIB Council, London
All students who successfully complete the Professional Certification Program are eligible to become
members of CIBC, subject to fulfilling the criteria for such membership.

Program Structure
The program covers all the important topics related to investment banking. The program is divided into two
Groups, each consisting of two parts.

Group/Part Subjects

Group A

Part I Economics and Financial
Markets

Part II Investment Banking-I
Group B

Part III Investment Banking- II

Part IV Managing Investment
Banking Organisations

Outline Curriculum
Group A
Part I : Economics and Financial Markets
Introduction to Economics, Economic Cycles, Public Finance, Monetary Policy, GATT & WTO, International
Monetary System, Important Government Policies, Financial System, Money Markets, Capital Markets, Primary
Market, Secondary Markets, Bond Market, Global Markets, Foreign Exchange Markets, Derivatives Market,
Banking System, Insurance Market, Non-Banking Finance Companies, Linkages between Markets, Technology
and the Markets, Current Developments.
Part II : Investment Banking - I
Projects, Financing Strategies, Venture Capital, Loan Syndication, Designing & Pricing of Instruments, Issue of
Equity, Managing of Public Issues & IPOs, Issuance of Bonds, Issuance of Notes, Private Placement, Asset
Based Financing, Trade Financing, Securitisation, Recapitalisation of Projects, Cost of Capital and Capital
Restructuring, Dividend, Bonus and Buy-back.
Group B
Part III : Investment Banking - II
Time Value of Money, Risk and Return, Valuation of Securities, Capital Expenditure Decisions, Financial
Statement Analysis, Financial Forecasting, Corporate Restructuring, Valuation-I, Valuation-II, Valuation of
Firms, Mergers & Acquisitions, Sell-offs and Divestitures, The Market for Corporate Control, Takeover
Defences, Changes in Ownership Structures, Cross Border Acquisitions, Post-Merger Management,
Turnaround Management, Corporate Risk Management, Current Developments.
Part IV : Managing Investment Banking Organisations
Investment Banking Industry, Investment Banking Organisation, Business Planning by Investment Banks, Skills
for Investment Banks, Marketing of Investment Banking, Strategic Issues in Marketing of Investment Banking
Services, Relationship Management by Investment Banks, Tools for Marketing Investment Banking Services,
Challenges in Marketing of Investment Banking Services, Networking by Investment Banks, Operations
Management by Investment Banks, Research & Development by Investment Banks, Organisation Design,
Knowledge Management, Compensation Policies, Regulation & Compliance, Internal Control System, Risk
Management Practices, Ethics in Investment Banking, Current Developments, Case Studies on Investment
Banks.
Whether the project is large or small, effective management is the key to any project's success. The
main function of project management is to ensure that all the activities in a project are scheduled and
completed efficiently, within the agreed time and budget parameters. With the business environment
becoming more dynamic day by day, it is all the more important to ensure that projects achieve their
objectives with minimal disruption. It is the function of the project manager to identify the different
activities in a project, allocate monetary and human resources efficiently to each of the activities, and
ensure the smooth flow of all processes. A project manager acts as the key facilitator in the success
of a project.
Certified Project Manager (CPM), a professional certification program, imparts the skills necessary to
develop students and executives alike into highly effective project managers.
The CPM Council, London
All students who successfully complete the Professional Certification Program are eligible to become
members of CPMC subject to fulfilling the criteria for such membership.

Program Structure
The program covers a broad range of topics related to Project Management. The subject areas in which the
students will be examined are divided into two groups. The structure of the program is given below:

Group/Part Subjects

Group A

Part I Project
Management I
Part II Project
Management II

Group B

Part III Project
Management III

Part IV Project
Management IV
Outline Curriculum
Group A
Part I: Project Management I

Fundamentals of Management
• Fundamentals of Planning
• Strategies, Policies and Planning Premises
• Managerial Decision Making
• Strategic Organization Design
• Effective Organizing and Organizational Culture
• Human Resource Management and Staffing
• Performance Appraisal and Career Strategy
• Organizational Change and Organization Development
• Managing and the Human Factor
• Motivating Employees for job Performance
• Leadership
• Managing Communications
• The Control Function
• Control Techniques
• Productivity and Operations Management
• Management Information Systems

Fundamentals of Finance
• Financial System
• Valuation of Securities
• Financial Statement Analysis
• Financial Forecasting
• Sources of Long-term Finance
• Cost of Capital and Capital Structure Theories
• Working Capital Management
• Capital Expenditure Decisions
Part II: Project Management II
Project Analysis and Planning
• Project Management - An Overview
• Project Management Environment
• Strategy and Project Management
• Project Management Processes
• Project Integration Management
• Project Idea Generation and Screening
• Market Analysis
• Technical and Environmental Analysis of Projects
• Financial Analysis of Projects - An Overview
• Cost of Capital
• Project Appraisal Criteria
• Risk Analysis in Capital Investment Decisions
• Project Selection
• Management of Project Scope
• Identifying Project Activities
• Activities - Sequencing, Estimating Duration, and Scheduling

Group B
Part III: Project Management III
Managing Project Teams
• Foundation of Organization Structure
• Motivation
• Leadership
• Conflict, Negotiations & Intergroup Behavior
• Foundations of Group Behavior
• Understanding Work Teams
• Informal Organizations
• Power and Politics
• Managing Stress
• Building the Project Team and Project Communication Managment
Part IV: Project Management IV
Project Implementation and Control
• Project Review
• Project Control
• Project Cost Management
• Project Risk Management
• Project Quality Management
• Project Procurement Management
• Project Auditing
• Project Closing
• Management of International Projects
• Management of Software and Information Systems Projects
• Ethics in Project Management
• Future of Project Management

Students enrolling into the program are required to pay a fee of GBP 335 to the London Academy. This fee
includes a one-time examination fee of GBP 25 for both the Groups. For any subsequent attempts the
examination fee is GBP 15 per Group. The fee has to be paid in full by Bank Draft or International Credit Card
(through Internet Payment Gateway). Bank Draft should be in favor of "The London Academy of Professional
Education and Research", payable at London, UK.

HSBC SWIFT CODE : MIDLGB22

IBAN : gb5midl40024461791362

With this any student from any part of the world can make a payment
in any currency and it gets deposited in sterling.
Admission
The goal of the Admissions Board is to select students whose academic background, work
experience, leadership abilities and communication skills meet the demands of the Program. The
Admissions Board evaluates applicants' potential as future leaders and their likely ability to succeed
in, and profit from, the program.

Enrolment
Applications received from students are checked for basic eligibility criteria and eligible students are
then enrolled into the program.

Rejected applications
If the applicants do not satisfy the eligibility criteria, the applications are returned to them along with all
enclosures and any fees are refunded. Such students are, however, permitted to apply again after they
subsequently satisfy the eligibility criteria.

Refund Policy
The amount once paid is not refundable under any circumstances, except in the case of rejected applications.

Right to amend rules
The London Academy reserves the right to amend the rules and regulations wherever considered necessary
and appropriate. Such amendments will be conveyed to the students. Therefore, this publication and the
descriptions contained herein are not to be construed as a contract binding the Academy to any specific
policies. Possible changes include, but are not limited to, curriculum and course content, passing requirements,
eligibility criteria for examinations, fee schedule, refund policy, examination pattern, certification and
designation, and such other matters as may be considered relevant.

The students are advised to read the following guidelines carefully
before completing the Application Form for Enrolment.
a. The Application Forms should be filled in using Capital Letters.
b. Please supply all the information requested.

c. Additional sheets may be used, if necessary.

d. Ensure that the Application Forms are signed.

Photocopies of certificates
a. Photocopies of certificates regarding date of birth and
educational qualifications must be enclosed with the Application
Form for Enrolment.

b. Original certificates should not be sent.
Mode of remittance
Payment for the program is to be remitted along with the Application Form at the time of enrolment. Payments
should be made through A/c payee crossed bank draft of any International bank, in favor of "The London
Academy of Professional Education and Research", payable at London, UK.

Enclosures
Please ensure that your Application contains the following enclosures.

a. Application Form for Enrolment into the programs (with recent color photograph affixed).
b. Copies of Certificates of Date of Birth and Educational Qualifications/Mark Sheets
c. Bank Draft towards the payment.

The completed Application Forms along with the required enclosures can be
submitted or sent by
speed post/courier to:

London Office:
The London Academy of Professional Education & Research

203 Business Environment Wing, 73, Watling Street

London EC 4 M9BJ Ph: +44 201539869

E-mail: info@lapro.org.uk
Website: www.lapro.org.uk

Online Enrolment through PayPal Secure Payment

Students can enroll into the program by logging on to website
by filing the application form online and making the payment
through Internet using the PayPal Secure Payment Processing
Site (by Credit Card/PayPal Account).