XLRI AND ICICIDIRECT CENTRE FOR FINANCIAL LEARNING

PRESENT
THE EXECUTIVE CERTIFICATE PROGRAMME IN
CORPORATE FINANCE AND MODELING
About Xavier School of Management Jamshedpur (XLRI)
Founded in 1949, XLRI, managed by Jesuit Fathers has always striven to be a management school with a difference. Pursuit of academic excellence
and fostering whole-person integral growth – intellectual, emotional, spiritual and social persona of students, have been the hallmark of XLRI for over
six decades.
About ICICIdirect Centre for Financial Learning (ICFL)
ICICIdirect Centre for Financial Learning (ICFL) is an initiative of ICICI Securities set-up with an objective of simplifying financial knowledge and increasing financial
literacy amongst prospective or experienced investors and knowledge seekers. ICFL training programmes are categorised under Investment Education Programmes
and Professional Certification & Development Programmes. The repository of domain knowledge includes a host of in-house developed seminars, workshops,
certifications and training programmes leading to reputed certifications. These programmes are in the area of Stock Investing, Derivatives, Mutual Funds, Financial
Planning, Wealth Management, Corporate Finance, etc.

ICICIdirect Centre for Financial Learning has been conferred with the Award for Innovation in Learning and Best Online Learning Solution at the World Education
Congress. It also won the Emerging Brand Award at CMO Asia in Singapore.
Programme Objective
While doing any financial analysis, one must be very comfortable with doing highly numerically intensive calculations quickly and accurately. This is
where spreadsheet models help a lot. Using in-built features of Excel, one can develop highly complicated models and do additional analysis like
what-if analysis, simulations, sensitivity analysis, etc.

This programme will enable participants to build dynamic financial models in the field of corporate finance. Participants will also learn theoretical
concepts in accounting and finance, that are needed to understand the structure of a sound financial model. In addition, this programme will also
expose participants to the basic and advanced features in Excel, so that those with no substantial background in Excel will also be able to build
financial models.

The different concepts, where required and applicable, will be explained using examples from different types of industries like financial services,
e-commerce, manufacturing and other service industries.
Eligibility & Admission Procedure
Eligibility:
Graduates / Post Graduates from universities recognised by the Association of Indian Universities, with at least two years of work experience.
Admission Procedure:
1. Application Form – All interested candidates should fill out the application form. The completed application form along with the application fee of
`20,000 plus applicable taxes, must be paid at the time of submission. This fee is non-refundable.
2. Application Screening – Upon submission of the completed application form, the application will be screened based on the candidate’s academic
performance and work experience.
3. Selection – Selection for the programme is based on the basis of application and fulfillment of eligibility criteria.
Programme Design
This programme consists of around 150 hours of course delivery using an information technology platform. The programme is spread over a twelve
month duration. In order to supplement learning through the technology platform, there will also be a one-week on-campus orientation module.
Courses offered in this programme are as follows:

Module 1 – Accounting for Financial Modeling Module 2 – Finance for Financial Modeling
Understanding Financial Statements Time Value of Money
Importance & Utility of Cash Flows Risk and Return
Legal Framework – An Overview Cost of Capital
A look at Financial Statements of a representative company Project Appraisal (NPV, IRR, Payback)
Analysing Financial Statements Stock and Bond Valuation
Business Valuation
Analysing Business Performance
Financial Analysis in Mergers and Acquisitions
Module 3 – Basic Excel Skills necessary for Financial Modeling
Getting Started with Excel (Icons in ribbon, file management, regional and managing language settings in control panel)
Understanding basic features in Excel (Auto-sum, auto-fill, paste special, cell comments, adding borders and lines, inserting object)
 Working with Multiple Worksheets and Workbooks (Viewing the same worksheet in multiple windows, creating duplicate worksheets, moving
worksheets, writing three-dimensional formulas)
Simple Formulae and Functions (Relative and absolute reference, interpreting errors in Excel, getting help in functions, some useful functions in Excel)
Formatting in Excel (Basic number formatting, formatting currency and dates, creating styles, using simple conditional formatting in Excel)
Using Charts (Use a chart or table, inserting charts, formatting different chart elements, deciding on the right chart for the data)
Module 4 –Advanced Excel Skills necessary for Financial Modeling
Managing Data in Excel (How to organise data, checking data integrity issues, data validation)
Data Tables (Managing data tables)
Mastering Formulae and Functions in Excel
Learning some of the key functions in Excel (IF, INDEX, MATCH, SUMIF, SUMIFS, COUNTIF, COUNTIFS, SUMPRODUCT)
 >Understanding the error messages in Excel, using absolute and relative reference
Use of Names in Excel (Cell name and range name, managing names)
Pivot Tables (Pivot tables and charts, formatting pivot tables, calculate item and calculate field, grouping within pivot tables, use of slicers)
Advanced Formatting of Data
 >Formatting used in financial models, keyboard shortcuts for auto number formatting, conditional formatting
Preparing Advanced Charts in Excel
 >Creating dynamic charts, creating non-standard charts
Forecasting in Excel (Regression model, time series models)
Understanding Basic Macros
 >Recording macros, executing macros, managing macro security issues, creating simple macros
Sales Forecasting
What is Sales Forecasting Importance of Sales Forecasting Sales Forecasting Techniques :
Levels of Forecasting Sales Forecasting Process Qualitative (example Delphi) and Quantitative (example Time Series)
Sales Forecasting Procedures Forecasting Errors Budgeting

Note: This is an indicative list of courses. Institute may change the curriculum from time to time.
Programme Fee
The programme fee is `1,85,000 /- (One lakh eighty five thousand only) plus goods and services tax as applicable. The above fee includes a campus
visit fee. All payments to be made in favour of XLRI Jamshedpur.

Programme Delivery
Courses will be delivered through on-line mode using appropriate technology platform. Lectures will be delivered through broadband based technology
involving two-way audio and video communication. Classes will be held on Sundays. Participants will be provided reading materials etc. for each
course. They may also interact with the concerned faculty through e-mails / chat mode.
Faculty Profiles
Prof. Uday Damodaran [BSc (Phy.), Kerala; M.Stat (SQC&OR), Academic Distinction:
Indian Statistical Institute, Delhi; Fellow, Indian Institute of 1. Corporate Finance
Management Bangalore] 2. Investments Financial Derivatives
3. Behavioural Finance
Area of Research Interests: 4. Finance Theory I for PhD Students
1. Business Analysis and Valuation 5. Past Placement Chairman, Xavier Institute of Management Bhubhaneshwar
2. Financial Modeling using Excel 6. Past Placement Chairman, Goa Institute of Management, Panjim
3. Corporate Finance 7. Past PGP Chairman, Indian Institute of Management Kozhikode
8. Past Placement Chairman, XLRI Jamshedpur
Prof. Pitabas Mohanty [Fellow (IIMB), CFA, Cost Accountant]
Area of Research Interests:
1. Business Analysis and Valuation
2. Financial Modeling using Excel
3. Corporate Finance
Academic Distinction:
Received the Best Young Teacher Award from the Association of
Indian Management Schools at the 13th Annual Convention held
at Visakhapatnam in 2001.
He got the Best Research Paper Award at the 11th Annual Convention of AIIMS
held at XLRI Jamshedpur in August, 1999 for the paper titled Group
Diversification and Shareholders Wealth: The case of the Indian Business
Groups. He got the outstanding paper award at the Capital Markets
Conference held at UTI Institute of Capital Markets at Navi Mumbai in
December 1998 for the paper titled Unrelated Corporate Diversification and
Shareholders Value. He got the best paper award in the secondary market
category at the Capital Markets Conference held at UTI Institute of Capital
Markets at Navi Mumbai in December 1997 for the paper titled EPS: Its
relationship with stock returns. He also got the Citibank Research Excellence
Award in 1996 for the paper titled P-E ratio and Indian Equity Research at IIM
Bangalore. He was awarded with the P D Agarwal Foundation award for the
thesis proposal at IIM Bangalore.
Assessment
Prerequisites for obtaining a certificate of completion are 80% attendance and completion of evaluation assignments
Participants who have attendance between 60%-80% and have completed the evaluation assignments shall receive a certificate of participation
The evaluation assignments may be in the form of a quiz, assignment or other objective / subjective assessments

Certification
On payment of the full programme fee and upon satisfying the requisite attendance and evaluation / certification criteria of the Executive Certificate
Programme in Financial Accounting & Auditing, participants will be awarded a certificate of completion / participation issued by XLRI.
 Contact Us

ICFL Branches: ICFL Authorised Learning Centres:

Bengaluru - Jayanagar 5 Block th
+91 9108683683 Bengaluru - Kormangala +91 9742273109
Delhi - Jhandewala Extension +91 8588816146 Chennai - T Nagar +91 9742273109
Delhi - Gurgaon +91 7838352716
Mumbai - Andheri East +91 8451943442
Delhi - Pitampura +91 7838352716
Pune - F C College Road +91 8390904865
Delhi - Kirti Nagar +91 7838352716
Hyderabad - Raj Bhavan Road +91 8427484084 Hyderabad - Kukatpally +91 9742273109
Kolkata - Shakespeare Sarani Road +91 8697748207 Indore - Khajarana Road +91 9619359592
Kolkata - Kasba +91 9477884429
Mumbai - Kharghar +91 9619359592
Mumbai - Borivali +91 9619359592
Navi Mumbai - Turbhe +91 9619359592
Maharashtra - Sangli +91 9619359592
Kochi - Gold Souk Grande +91 9742273109

ICFL Contact Details: XLRI Contact Details:

Email ID: learning@icicisecurities.com Email ID: prabha@xlri.ac.in
Website: learning.icicidirect.com Phone No.: +91 65766 53119 / 3277
Website: http://sat.xlri.ac.in

Our Authorised Learning Centre / Business Associate:

ICICI Centre for FinancaI Learning is a part of ICICI Securities Ltd.( I-Sec). Registered office of I-Sec is at ICICI Securities Ltd. - ICICI Centre, H. T. Parekh Marg, Churchgate, Mumbai - 400020, India, Tel. No.: 022 - 2288 2460, 022 - 2288 2470. The contents herein above shall not be considered as an
invitation or persuasion to trade or invest. These programmes do not guarantee any job or placements with ICICI Group or any other organization. Participants should make independent judgements with regards to suitability, profitability, and fitness of any programme offered herein above. I-Sec and
affiliates accept no liabilities for any loss or damage of any kind arising out of any actions taken in reliance thereon.