www.bits-pilani.ac.in/wilp
MBA
IN FINANCE
The MBA programme in Finance is a four-semester Work Integrated Learning Post Graduate Programme. This programme is designed for participants who are working in the broad and complex field of Finance or Banking and Financial Services industry. The programme is also ideal for professionals working in other industries/ functions (such as the IT industry, etc.) who have a keen interest in Finance and are looking for a transition to a more finance related role. Globalisation in the Indian economy and related deregulation has lead to the rapid growth and development in the banking and financial markets leading to an increased demand for qualified and skilled finance professionals who can make key decisions with minimal errors. In addition to the globalisation, the opening up of the Indian economy to foreign investments has further accelerated the need for qualified finance professionals. This course equips participants with the much needed skills, strategies and finance know-how for a successful career in the broad area of Finance and Banking and Financial Services industry. PROGRAMME HIGHLIGHTS
• The methodology applied in this course is a combination of class room and experiential learning. Experiential learning consists of financial modelling workshops, business simulations, case studies and other work integrated activities. • Financial modelling workshops and
business simulations enable the participants to gain familiarity with the practical aspects of the finance function.
• Case studies consist of analysing a given situation and finding solutions to issues, using the techniques learnt in class.
• Work integrated activities consists of reviewing the work performed at the workplace in the context of the concepts and skills learnt in class, and potentially enhancing the quality of decision making at the workplace using the techniques learnt. This enables the student relate and implement classroom learning concepts to their professional work.
PROGRAMME OBJECTIVES The programme aims to address the need for skilled professionals in the Finance and the Banking and Financial Services industry. The key objectives of the MBA, Finance Programme are as follows: • Prepare working professionals to
take on challenging roles in the Finance sector, particularly in the context of globalisation and de-regulation
• Train participants in the latest developments in the area of Finance • Help students master a core set of
general management skills in key business disciplines such as Accounting, Strategy, Marketing, Human Resources, and Finance so as to enable them to integrate and apply this knowledge to develop effective solutions to complex multidisciplinary business problems • Equip students with a good mix of
theoretical and cutting edge practical skills so they can be immediately effective and productive on the job
MBA
LEARNING OUTCOMES
Upon completion of this programme, the participants will be able to effectively apply the following principles and concepts: • Strong foundation in Financial analysis and
management
• Apply basic accounting principles and analyze key financial statements
• Good understanding of financial markets and products and related terminology • Recent trends in Finance and Banking/
Financial Services Industry
• Analysis of real-world situations through the use of case studies and simulations
• Understanding finance and improving the management of organizations
• Financial Modeling (using Excel) • Strategy formulation and execution ELIGIBILITY
• Employed professionals working in finance and allied business domains, holding a three year undergraduate degree in relevant disciplines with adequate preparation in mathematics, and minimum 2 years work experience in relevant domain
• Employer consent with suitable mentor availability is also required.
SEMESTER-WISE PROGRAMME STRUCTURE
Students need to take 7 management core courses (mandatory), 4 area core courses (mandatory) and may choose 3 elective courses depending on their background and desired specialization.
ELECTIVE COURSES • Advanced Risk Models • Business Analysis & Valuation • Credit Risk Management
• International Regulatory Framework for Banks
• Market Risk Management
• Mergers, Acquisitions and Corporate Restructuring
• Operational Risk Management
• Security Analysis & Portfolio Management • Venture Capital & Private Equity
First Year First Semester Financial and Management Accounting Managerial Economics
Quantitative Methods
Managing People & Organizations First Year Second Semester Marketing
Financial Management
Strategic Management and Business Policy Global Financial Markets and Products
Second Year First Semester
Management of Banks & Financial Institutions Derivatives & Risk Management
Multinational Finance Elective 1
Second Year Second Semester Elective 2
Elective 3 Project
HOW TO APPLY
Please note that in order to apply to a WILP programme, the candidate must be currently employed in the relevant professional field.
Carefully read through the following steps to understand the application process:
1. Choose the programme, and apply using the Online Application Form through the WILP website. 2. After you complete and submit the Online Application Form, you will be taken to a new webpage
where you will see an online payment link to pay the Application Fee of INR 1,500/-.
You can pay the Application Fee of INR 1,500/- through Netbanking/ Debit Card/ Credit Card. You may also pay using Demand Draft/ Bank Challan.
The Application Fee may either be paid immediately upon submitting the Online Application Form, or later by retrieving your form using ‘Retrieve Your Form’ link under the Quick Links section of the website.
3. The new webpage will also allow you to download a PDF of the complete Application Form. Using the ‘Download Your Form' link, save the PDF copy of your Application Form to your computer. 4. Take a printout of the downloaded Application Form and note down the Application Form Number
that appears on the top-right corner of the first page. This Application Form Number should be referred in all future correspondence with BITS Pilani.
5. In the printout of the downloaded Application Form, you will notice on page no. 3 a section called the Employer Consent Form. Complete the Employer Consent Form. This form needs to be signed and stamped by your organisation’s HR or any other authorised signatory of the company. 6. Further on page no. 4 of the printed Application Form is a section called the Mentor Consent
Form. You must find a senior person from your employing organisation who is willing to become your Mentor. The Mentor Consent Form needs to be signed by the Mentor.
7. Further on page no. 5 of the downloaded Application Form, is a Checklist of Enclosures/ Attachments.
• Make photocopies of the documents mentioned in this Checklist
• Get these photocopies attested by your organisation’s HR, or a Gazetted Officer
• On the Checklist, please tick against all the documents that you have enclosed along with your Application Form
8. The printed Application Form, along with duly filled Mentor Consent Form, Employer Consent Form, Checklist of Enclosures, and attested photocopies of supporting documents should be put together and couriered to:
Admissions Cell
Work Integrated Learning Programmes Birla Institute of Technology & Science, Pilani Vidya Vihar Campus, Pilani
Rajasthan – 333 031 (India)
9. Upon receipt of your Application Form and all other enclosures, the Admissions Cell will scrutinise them for completeness, accuracy and eligibility.
10. Once received by us, you will be able to track the status of your Application Form using the Application Status Tracker.
• Advanced Financial Modeling • Data Visualisation
• Financial Risk Analytics • HR Analytics
• Investment Banking Analytics • Marketing Analytics • Marketing Models • Retail Analytics • Supply Chain Analytics • Real-time Analytics
Electives provide specialised knowledge relating to sub-areas and specialisations within Business Analytics. The Data Visualisation elective helps participants to learn how to effectively present analytical findings in a visual manner so that it is easy to make decisions and identify new patterns. Finance electives such as Advanced Financial Modeling, Financial Risk Analytics, and Investment Banking Analytics enable the participants to learn how to leverage business analytics techniques to deliver a competitive business advantage in diverse areas such as fraud detection, trading analytics, etc. Similarly each of the other courses in this group allows the participant to master a specialised body of knowledge that is relevant for managers to harness the power of Business Analytics within the context of their business function and industry.
Elective courses • Business Data Mining • Financial Management
• Introduction to Statistical Methods • Management Information Systems • Marketing
• Models and Applications in Operations Research • Supply Chain Management
Foundation courses help build a strong foundation in the underlying theory and practice relating to Business Analytics. They are designed to give participants a solid background in Statistical/ Quantitative methods and related Data Analysis techniques. In addition, they enable the participants to develop the necessary understanding across relevant business disciplines so as to enable them to work effectively in cross functional teams and take quick decisions that require the ability to integrate knowledge across business functions.
• Advanced Statistical Methods • Analytics for Competitive
Advantage • Big Data Analytics
• Introduction to Data Science • Optimisation Methods for Analytics • Predictive Analytics
Area core courses provide the necessary base of knowledge in Business Analytics and Data Sciences. These set of courses equip the participant with the core set of Data Sciences, Data Mining, Big Data Analytics, and other relevant skills that is essential for extracting meaningful information from the multitude of data that is collected by business and organisations across the globe. These courses will equip the participants with the tools and techniques to make better business decisions and thereby build a sustainable competitive advantage.
CURRICULUM DETAILS
Foundation courses
Area Core courses
Participants need to take 7 foundation courses (mandatory), 6 area core courses (mandatory) and may choose any 4 elective courses depending on their background and desired specialization. In addition, during the final semester of the program, participants are required to complete a capstone project that is relevant to their work environment and enables them to integrate their learning's across the entire program.
