INDIAN INSTITUTE OF MANAGEMENT INDORE

Finance for
Non-Finance
Executives
September 07 - 09, 2011
Finance for Non-Finance Executives
September 07 - 09, 2011

Overview
Of all the functional areas of management, finance perhaps stands out as the most challenging
and crucial one. Successful management of businesses requires a sound understanding of the
concepts and methodologies of financial management. As an analogy to the human body,
finance is like the blood flowing through the organisation.
Every member of an organisation contributes to the overall growth of the organisation. But those
belonging to the non-finance areas often are not able to understand the growth reflection in
terms of numbers. Numbers and its language always remains an alien to them. The non finance
executives can thus add lot of value to their profile by being conversant with the essential
principles of finance, so that they are not only able to comprehend the numbers but are also able
to relate their output to them.
The non-finance executives generally remain so occupied with managing their own jobs that they
find no time to learn about the other areas. Rising up the ladder of one’s managerial career when
one is required to be the in charge of a business unit/ branch, it is imperative for the general
manager to have knowledge of all functional areas and especially finance.

For Whom
Middle level executives working in marketing, operations, materials, human resource and other
non-finance areas of companies, and desirous of understanding the basics of finance.

Objectives
This brief programme of three days aims at equipping the participating non-finance executives
with the essentials of financial management through an understanding of the basic functions of
finance, costs and their management, financial statements and their managerial implications,
techniques for appraisal and financing of projects, and the financial decisions involved in day to
day working of a firm. With businesses no longer remaining confined to the boundaries of a
nation, the programme also intends to provide an overview of the international financial
management. The programme intends to fulfill the aforesaid objectives through an assorted use
of one or more of the different pedagogical tools such as case analysis, discussions, role playing,
lectures, group exercises etc. At the end of the programme, the participant should be able to feel
friendly with numbers and relate their input better to the output of the firm and to the broader
environment within and outside the firm.

Content
Goals and Functions of Finance
§
Basic Concepts in Finance
§
Cost Analysis for Managerial Decision-making
§
Financial Statements Analysis
§
Working Capital Management
§
Project Appraisal and Financing
§
Introduction to Derivatives
§
Essentials of International Finance
§

Dates and Venue

The programme will be held at Indian Institute of Management Indore during September 7-9,
2011. Participants would be provided accommodation on twin sharing basis in furnished air-
conditioned rooms. Accommodation will be available from the evening of September 6, 2011 to
evening of September 9, 2011.
Fee
Residential Fee: `30,000/-* per participant (includes course material, room and board expenses).
10.3% Service Tax on the programme fee will be levied EXTRA.
The fee can be paid by Demand Draft or cheque payable at par. The Demand Draft or the cheque
should be drawn in favour of Indian Institute of Management Indore payable at Indore.
The fee can also be paid through Electronic Funds Transfer. The details are:
1. Bank Account
Name of Beneficiary : Indian Institute of Management Indore
Name of the Bank : State Bank of India
Account Number : 53018623445
Type of Account : Savings account
Name of the Branch : IIM Campus, Indore
IFSC Code : SBIN0030525
Branch Code : 30525
2. Name of the Remitter : ----------------------------------------------------------------
(Please mention the name of the sponsoring organization)
3. Purpose of Remittance : Programme Fee for MDP on Finance for Non-Finance Executives
4. IIM Indore’s PAN : AAAJI0057R
Incase of withdrawal of nominations 10 days prior to the start of the programme, the programme fee
will be refunded after deduction of `10,000 towards administrative charges.
Income Tax Exemption
Indian Institute of Management Indore is exempt from income tax vide letter of the Chief
Commissioner of Income Tax, Indore No. CCIT/IND/TECH/10(23C)-92/09-10/ dated December 31,
2009. Therefore, tax on the programme fee is not to be deducted at source.
Registration
Participants are generally to be sponsored by organisations. However, application by individuals may
also be accepted. A formal communication regarding the acceptance of nomination/ application will
be sent to nominees prior to commencement of the programme.
Nominations along with the programme fee must reach the MDP Office latest by August 27, 2011.
The nominations and the programme fee should be sent to:
Management Development Programmes Office
Indian Institute of Management Indore
Prabandh Shikhar, Rau-Pithampur Road
Indore 453 331, Madhya Pradesh, India
Tel:+91-731-2439753, 2439752, 2439750
Fax: +91-731-2439751 (MDP Direct), 2439800 (General)
Email: mdp@iimidr.ac.in
Alumni Association
Participants are eligible to join the IIMI Alumni Association on completion of the programme. The
alumni enjoy certain benefits with regard to the Institute’s publications, facilities, and activities.
Please send the application form along with demand draft / pay order of `1,000 (Rupees One
Thousand Only) towards one-time registration charges in favour of Indian Institute of Management
Indore, payable at Indore.
Programme Coordinator
Yogesh Maheshwari | maheshwari@iimidr.ac.in | +91-731-2439521
Forthcoming Programmes at IIM Indore
Sl. Programme Title Dates Fee (in `)*
1 Pricing and Revenue Management September 12 - 14, 2011 30,000
2 Motivation, Team Building and Leadership September 19 - 23, 2011 50,000
3 Managing Change and Conflict at the Work Place October 10 - 12, 2011 30,000
4 Project Management October 10 - 14, 2011 50,000
*10.3% Service Tax on the programme fee will be levied EXTRA.
Indian Institute of Management Indore
Established in 1996, Indian Institute of Management Indore is the sixth in the prestigious IIM family of management schools. The
institute was chosen to be set up in Indore to give an impetus to management education in central India and has ever since been acting
as the pioneer in the field of management, interfacing with the industry, government sectors and PSUs.
Situated atop a scenic hillock, the beautiful 193-acre campus provides an ideal backdrop for some of the brightest minds in the country
to work their best to become the best they can be. To back this up, IIM Indore has a solid infrastructure ranging from a very beautiful
campus and hostels to a strong IT backbone and the latest in teaching aids. The geographical proximity to the fastest growing industrial
belt in India and the presence of Special Economic Zones around Indore provide the right environment for both giving hands-on
experience to the students and in enabling the industry to make use of the wealth of management expertise available in the institute.
IIM Indore’s achievements in such a short span of time can be attributed to its innovative spirit, its will to excel, and, to a great extent, to
the relationship it has developed with the Indore community.
PROGRAMMES OFFERED BY IIM INDORE :
The Post Graduate Programme in Management (PGP) at IIM Indore is a two-year, full-time, residential programme. It is recognised
by the Association of Indian Universities as equivalent to M.B.A. Degree. The programme aims to groom participants into competent
professional managers.
The Executive Post Graduate Programme in Management (EPGP) is an intensive one-year residential programme exemplifying the
academic rigor and progressive thinking at IIM Indore. Specially designed to enhance knowledge, skills and capabilities essential for
managing and leading organisations, the programme combines skill-building with exploration of good management practices.
The two-year, alternate weekend Post-Graduate Programme in Management for Executives (PGPMX), offered in Mumbai, is uniquely
designed for working executives and entrepreneurs, who would like to take the opportunity to become transformational leaders and
innovative solution creators in their respective organizations, but find it difficult to pursue a full-time programme in management.
PGPMX is designed to provide flexibility to working executives to be engaged in their respective professions and at the same time to
upgrade their knowledge base simultaneously.
The Fellow Programme in Management (FPM) at IIMI is a doctoral programme in management. It is designed to provide both breadth
and depth of knowledge to doctoral participants in management. The programme has two-fold objective of enabling the participants to
master the relevant methodological tools of management research on one hand, and the advancement of the current body of
management knowledge on the other.
FPM (Industry) at Indian Institute of Management Indore is a unique doctoral programme in management for working professionals.
Knowledge is being considered as one of the most important drivers of the economy today and shall continue to be so in the years to
come. Becoming a successful academic requires the ability to produce meaningful research that expands the frontiers of knowledge.
The FPM (Industry) at IIM Indore provides an excellent opportunity to those who wish to contribute to the field of management
sciences by doing research in the discipline of management. The goal of the programme is to prepare participants for contributing to
the field of training, research, and consulting.
IIM Indore’s new one-year Certificate Programme in Management (CPM) is intended to equip the participants with basic skills and
competencies that are required for progression to managerial and supervisory positions in organisations. The programme is offered
on an online, interactive platform with classrooms located at various cities in India.
The Certificate Programme in e-Governance (CPEG) is an intensive one-year residential programme designed to develop skilled
professionals in the e-Governance space. Supported by the National Institute for Smart Government (NISG) and Department of
Information Technology (DIT) Government of India, the programme is expected to build manpower that can take leadership roles in
private and government organizations in conceptualizing, designing and implementing e-Governance projects. The programme
curriculum is a judicious mix of management concepts and techniques, blended with hands on experience and interaction with experts.
Certificate Course in Business Management for Defense Officers (CCBMDO) is a specially designed six-month course in
Management for Defense Officers.
Faculty Development Programme (FDP) is an intensive, three-month, full time professional development programme for faculty of
Management Institutions in India. The major focus of FDP at IIM Indore is on upgrading the teaching, training and research skills of
management teachers, especially those who have not had an opportunity to aquaint themselves with recent developments in teaching
and research methods.
Management Education Programme (MEP) is a 12-week intensive programme in management for working executives, middle level
managers, entrepreneurs and owner-managers, officers from public service organisations, and for those who have not gone through a
formal programme in management or have done so long ago. Its objective is to enable participants learn various management tools
and techniques and help them integrate various functional areas of management and develop an integrated perspective. It aims to
enhance the participants’ competencies to formulate and execute business strategies and develop managerial and leadership skills.
With its international immersion module and study tour abroad the programme also provides an international exposure to world-class
management practices. The MEP 2011 will be held during November 14, 2011 - February 4, 2012.

www.iimidr.ac.in