Post Graduate Diploma in Management - Financial Management (PGDM Financial Management)
Finance is at the center of decision making in any organization, be it profit making or otherwise. Business managers need a certain level of financial knowledge and expertise to evaluate their business performance and financial risk and determine financial strategies for their businesses. This programme will introduce participants to financial decision tools as well as financial management theories and practices that enable them to interpret financial statements, plan, and measure performance using budgets and other financial techniques, make financial decisions, undertake valuation of securities and manage financial risks.
The programme takes a realistic look into the broad aspects of Financial Management and relates theories, tools and techniques to practical experience. It also provides an exposure to the prevailing financial environment in the country.
Program Educational Objectives
- To give an insight into the financial aspects of a business operation
- To enable understanding and interpretation of the financial statements produced by the organizations
- To equip participants with the practical strategies and concepts used in security markets to maximize company gains
- To develop a good understanding of knowledge required and techniques available to enable managers to measure and manage business performance in their organizations.
- The Two Year PGDM (Financial Management) Program is covered in six trimesters.
- There are 22 Core Subjects, 14 electives (including flexi-core) and 1 summer internship project.
- In the first year (Term I, II & III), the student will learn concepts in all the key areas of management.
- In the second year, the student has to choose 12 electives out of the elective courses offered by the Institute, during three terms i.e. Terms IV, V & VI.
For major-minor specialization, a student has to take six (6) courses from finance area (major), four (4) courses from the second area (minor) of specialization and remaining two (2) courses compulsorily from other areas.
For single specialization, a student has to choose six (6) courses from the finance area and six (6) courses from other areas with not more than three (3) courses in any area.
The second area of specialization could be chosen from any of the following six areas - Marketing, Business Analytics & Information Technology, Operations Management, Human Resource and Organizational Behavior or Economics.