INDIAN INSTITUTE OF

MANAGEMENT CALCUTTA

Chief Financial
Officer Programme

STARTS JUNE 30, 2021 | 10 MONTHS

EXECUTIVE EDUCATION ALUMNI STATUS
LIVE ONLINE AND IN-CLASS SESSIONS*
Programme Overview
Ready to be a modern CFO?
TECHNICAL ORIENTATION
The role of the CFO has broadened.
Traditional tasks like bookkeeping, financial June 30, 2021
statements, and statutory compliance are
now seen as minimum requirements. The
modern CFO is a strategic partner in the
CAMPUS IMMERSION
C-Suite who is also expected to straddle
financial decisions with value-creation April/ May 2022
strategies, ground operations in financial
criteria while leading the firms through
growth.
PROGRAMME FEE

Financial leaders also play a crucial role in INR 5,00,000 + GST

globalisation, transforming digital finance,
maximising business value while
simultaneously mitigating risks for the
organisation. How can CFOs balance
traditional responsibilities and modern
mandates to lead substantive change for
their companies?

IIM Calcutta’s Chief Financial Officer

Programme gears aspiring and evolving
CFOs and financial leaders to strike that
balance. The transformative programme, led
by eminent faculty and industry leaders,
features high-level imperatives like strategy
and new-age areas like design thinking and
digital transformation, in addition to CFO
81% of survey
essentials. It is all delivered via engaging live respondents
online sessions, and it features a five-day
campus immersion.
envisage CFOs
to be significantly
Upon successfully completing all the
evaluation components and attendance
involved in
criteria, participants will receive a certificate strategy over the
of completion and the IIM Calcutta Executive
Education Alumni Status.
next three years.

Source: Ernst & Young, 2020

Who Is This Programme For?
This skill-driven programme is best suited for senior-level finance professionals who want
to shoulder decision-making and financial leadership roles with complete knowledge of
business strategies and industry best practices.

This programme is carefully created for:

New and evolving CFO's who work

with leadership teams to provide
direction on how new and existing
financial strategies can lead to
competitive advantage and augment
business value

Senior-level professionals who aspire

to take charge of the CFO role and
other financial leadership roles in the
future

Business heads, CXO's, and financial

leaders who are at the forefront of
financial decision-making in their
organisations
 Programme Highlights
Learn at one of India's
premier business schools
and from the faculty
having rich academic and
industry experience
Experience hands-on
learning through real-world
case studies, group
discussions, simulations,
role-plays, assignments &
projects
Certificate of Completion
in CFO Programme from
one of India's leading
business schools
*Note: Subject to prevailing COVID-19 conditions and applicable Central and State Government restrictions.
A five-day in-class*
experience of face-to-face
interaction with the faculty
in the immersion at the IIM
Calcutta campus
Comprehensive curriculum
specifically designed to cover
contemporary and advanced
themes of financial
leadership
Receive Executive Alumni
Status of IIM Calcutta with
lifelong networking
opportunities
Programme Directors
Prof. Ashok Banerjee
Finance and Control Group, IIM Calcutta

Prof. Ashok Banerjee joined the Indian Institute of Management, Calcutta (IIM-C) as
Professor (Finance and Control) in August 2004. Prior to joining IIM-C, he was a professor
at IIM-Lucknow. He was the Dean (New Initiatives and external Relations) of IIM Calcutta
during 2012-2015. He is a Postgraduate in Commerce from University of Calcutta, a
qualified Chartered Accountant and holds a PhD. Prof. Banerjee, during his tenure as
Dean, was instrumental in setting up an Incubator at IIM Calcutta called IIM Calcutta
Innovation Park, which is duly recognized by the Department of Science & Technology
(DST) as a Technology Business Incubator. Prof. Banerjee teaches Corporate Finance in
the first year, and Corporate Restructuring, Trading Strategies and Business Valuation in
second year of the MBA Programme at IIM Calcutta. He also teaches Empirical Finance
and Corporate Finance in the PhD programme. Prof. Banerjee was the
founder-coordinator of the Financial Research and Trading Laboratory of IIM Calcutta.
He was instrumental in starting the International Finance Conference in 2009 at IIM
Calcutta. The conference is now rechristened as India Finance Conference and is
organized jointly by IIM Calcutta, IIM Bangalore and IIM Ahmedabad. His current areas
of research include high frequency finance and sentiment analysis. Prof. Banerjee
studies the behaviour of algorithmic traders in intraday market. He is particularly
interested in the role of proprietary algorithmic traders in supporting market quality. In
sentiment analysis domain, he uses text from corporate filings and electronic media to
estimate default probability of corporate borrowers. He is presently working on
directional prediction of inflation using news. Prof. Banerjee serves as an independent
director on the Boards of companies in the financial and technology sectors.

Prof. Kaushik Roy

Assistant Professor

Professor Kaushik Roy is a member of the strategic management group of IIM Calcutta.
He teaches Strategic Management, Strategies in High-velocity Environments, and
Coopetition in the flagship MBA programme, Strategy Content Research in the doctoral
programme, and Vision to Execution in the PGPEX-VLM (amongst others). He has
anchored training programmes for some of India's largest public- and private-sector
enterprises. His research lies at the fascinating intersection of competitive strategies
(dynamic capabilities) and hybrids (joint ventures). Specifically, he is imbued to examine
the manner in which certain firms outperform others in rapidly changing and
unforgiving environments. An alumnus of IIM Ahmedabad, he has worked with Tata
Teleservices (Strategic Cell) and Tata AIG Life (Head Office Operations) prior to joining
IIMC.
Programme Modules

MODULE A: CFO Essentials

Economy and Financial Markets

- Financial ecosystem and linkage between the real sector and financial sector
- Role of banks in economic development
- Bond and equity market
- Currencies and commodity markets

Portfolio Management - Real and Financial Assets

- Concept of risk and return
- Portfolio construction and evaluation
- Mutual funds and portfolio risks
- Managing a portfolio of real assets

Value Creation and Corporate Strategy

- Strategies for leading multi-business enterprises
- Measuring shareholder value-different models
- Value-creating strategies in diversification
- Corporate parenting and controls

Data-driven Decision-making
- Decision-making with incomplete information
- Investment decisions
- Financial analytics
- Text-based analytics

Corporate Governance
- Quality of financial reporting and cost of capital
- CFO’s role in Board and Audit Committees
- CFO and the investors
- Importance of ESG parameters
Programme Modules

MODULE B: The Future CFO

CFO as a Strategic Leader

- Understanding industry attractiveness and sources of profitability
- Competitive strategy and unique competitive positions
- Strategies in high-velocity environments

Design Thinking
- Practical and creative problem-solving
- Designing unique collaborative arrangements

Digital Transformation
- Digital strategies and conventional behemoths
- Business model innovation
- The economics of intermediation and platforms
- Implications of artificial intelligence and machine learning in decision-making

Note: Modules/ topics are indicative only, and the suggested time and sequence may be dropped/
modified/ adapted to fit the total programme hours. E-study material will be provided

82% of CFOs expect to spend more

time in 2021 in advanced data analytics
tools and technologies.

Source: Gartner, 2020

Learning Outcomes
In addition to CFO essentials like financial statements, you will also learn about:

Taking charge of financial

decisions with value-creating
strategies

Grounding operations in robust

financial criteria and new business
models

Leading firms through growth

and globalisation by tackling
issues and building alliances

Transforming digital finance to

gain insight, boost productivity,
and spot trends

Maximising value by knowing and

influencing key business drivers

Mitigating risk by skillfully

navigating capital markets
Programme Certificate
Participants will be awarded a Certificate of Completion from IIM Calcutta on
successfully completing all evaluation components with minimum pass grades in the
respective evaluation components and having a minimum attendance of 66%. The
evaluation methodology is at the faculty's discretion and includes written tests, online
exams, assignments and any other components as decided by the faculty.

LDP/CFO-01/01

Indian Institute of Management Calcutta

This is to certify that

____________________________________ABCDE____________________________________
has successfully completed the

Chief Financial Officer Programme

held during July 2021 – May 2022

(Prof. Ashok Banerjee) (Prof. Kaushik Roy) (Prof. Prashant Mishra)

Programme Director Programme Director Dean (New Initiatives

& External Relations)

Note: All certificate images are for illustrative purposes only and may be subject to change at the
discretion of IIM Calcutta.

IIM Calcutta Executive

Education Alumni Status
IIM Calcutta, the only triple-crowned, that is, AACSB, AMBA, and EQUIS accredited business
school in India, is recognised worldwide as an institute of academic excellence in the field of
management studies. Upon successful completion of the programme, participants will receive
the prestigious IIM Calcutta Executive Education Alumni Status. As alumni, participants will
gain exclusive lifelong access to the executive alumni network and will be invited to the
Institute events as scheduled.
Programme Details
Programme Schedule
ELIGIBILITY
DURATION 10 Months Graduate with minimum 10 years of work
experience and currently employed.
PROGRAMME June 30, 2021 A minimum grade of 50% achieved in
START DATE
undergraduate or post-graduate
qualifications.
LIVE ONLINE Selected Saturdays
Screening & selection will be done by
SESSIONS
3:30 pm to 6:30 pm
IIM Calcutta.
ATTENDANCE - Attending the campus
immersion is mandatory. EVALUATION
- Minimum 66% Examination / Evaluation shall be conducted
attendance in each of the by the institute.
modules. Participants are required to meet
attendance and grading criteria.
Note: Accommodation within IIM Calcutta
Campus will be available for first 75 enrolled PROGRAMME APPLICATION LINK
participants only. Click here to apply to the programme.

Note: The in-campus modules are subject to unavoidable conditions that prevail at the given point in time. In case the current
situation maintains the status quo, adequate alternate options with regards to the in-campus modules will be made available
via online sessions.

Payment Schedule
Programme Fee INR 5,00,000 + GST (exclusive of application fee)
Instalment Schedule

Booking Amount Instalment 1 Instalment 2 Instalment 3

Within 7 days of selection Jul 5, 2021 Sept 5, 2021 Dec 5, 2021
INR 50,000 + GST INR 1,00,000 + GST INR 2,00,000 + GST INR 1,50,000 + GST

Round-wise Application Dates

Round 1 Round 2 Round 3

Apr 30, 2021 May 31, 2021 Jun 18, 2021
INR 2,500 + GST INR 3,500 + GST INR 4,500 + GST

Note: Admissions are on a first-come, first-serve basis.

There might not be subsequent rounds if seats are filled in the initial rounds.

Finance options available. Click here to know more.

For more information please email at iimc@eruditus.com
Application Requirements
Experience Documents:
For Previous Organisation(s): Relieving letters
For Current Organisation: Current Salary Slip or Bonafide Certificate from
the HR department on company letterhead

Graduation and Post-Graduation Education:

Marksheet – Individual or consolidated (all semesters)
Passing Certificate – If Any
Diploma/ Degree/ Doctorate

ID Proof:
Any Government issued photo ID like PAN Card/ AADHAAR Card,
Driving License/ Passport, etc.

System Requirements
This programme includes live online classes. To attend a live online class you will need to
have a PC/Laptop/Mac with

Speakers and microphone: built-in or a USB plug-in or wireless Bluetooth

Webcam: built-in or USB plug-in

Processor: with Dual Core 2Ghz or higher (i3/i5/i7 or AMD equivalent)

RAM: 4 GB or higher

OS: Either MacOS 10.7 or higher OR Windows 8 or higher

An internet connection: Minimum bandwidth of 3.0 Mbps (up/down)

Browser: IE 11+, Edge 12+, Firefox 27+, Chrome 30+

Zoom software client installed on your PC/Laptop/Mac

We use the Zoom software application to conduct live online classes. Zoom works on a
variety of PCs/ Laptops/Mac systems and also on phones and tablets.
You can join your live online class from a phone or tablet if it supports the Zoom client.
We recommend that you attend classes from a PC/Laptop/Mac.
About IIM Calcutta
The Indian Institute of Management Calcutta (IIMC) was
established as the first national institute for Post-Graduate
studies and Research in Management by the Government
of India in November 1961 in collaboration with Alfred P.
Sloan School of Management (MIT), the Government of
West Bengal, The Ford Foundation and Indian industry.
During its initial years, several prominent faculty formed
part of its nucleus, including Jagdish Sheth, J. K. Sengupta,
among others.

Over the years, IIM Calcutta has grown into a mature

institution with a global reputation, imparting
high-quality management education. It has been playing
a pioneering role in professionalising Indian management
through its post graduate and doctoral level programs,
executive training programs, research and consulting
activities. Today, the institute serves as an autonomous
body, continually evolving to meet its goals in an
ever-changing business environment.

IIM Calcutta is the first business school in India to

complete triple accreditation by being recognised by
three globally reputed business school accreditation
organisations: Association to Advance Collegiate Schools
of Business (AACSB), European Quality Improvement
System (EQUIS) and Association of MBAs (AMBA). It is also
the only Indian business school that is a member of the
Global Alliance in Management Education (CEMS).

IIM Calcutta has been regularly ranked in all important

ranking organisations in India and overseas. IIM Calcutta's
flagship programme, 2-Year MBA was ranked 17th in the
world, 1st in India and 2nd in Asia in FT MIM 2019 ranking.
The vision of the Institute is to emerge as an International
Centre of Excellence in all the facets of management
education, rooted in Indian ethos and societal values. Over
the past four decades, IIM Calcutta has blossomed into
one of the Asia's finest business schools. Its strong ties to
the business community makes it an effective mechanism
for the promotion of professional management practices
in Indian organisations. Today, IIM Calcutta attracts the
best talent in India - a melting pot of academia, industry
and research. The best and brightest young men and
women pursue its academic programs.
About Eruditus
Eruditus Executive Education offers customised and open programmes in India, Singapore,
Dubai and other global locations in collaboration with MIT Sloan, Columbia Business School,
INSEAD, Harvard Business School (HBS), Kellogg Executive Education, Berkeley Executive
Education, Wharton Executive Education, IIM Lucknow Executive Education, IIM Calcutta
Executive Education and EMERITUS. It offers world-class executive education to grow
businesses continuously. Led by alumni of INSEAD and Harvard and supported by eminent
programme experts, the programmes are designed to give a learning experience integrated
with sustainable business applications. Programmes are crafted in a different range of
formats; in-class, online as well as blended programmes. The portfolio includes short 2 to
4-day in-class workshops, online courses of 2-3 months duration as well as comprehensive
learning journeys that run over 6-9 months, customised to an organisation’s requirement.

Apply for the programme here

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please get in touch with us at iimc@eruditus.com