Tailor Made Programmes for Management Students

Specialization: Finance & Accounts
Topics Course Content Duration
Basic Accounting Structure (Introduction) Introduction to Bank Reconsiliation Statement 2 days
Basic Accounting Records & Documents
Understanding the P&L, Trial Balance , Balance Sheet
Introduction to Internal Audit & its importance
Introduction to Budgeting (Monthly, Qtly & Annual)
Awareness of Financial Authorities & Responsibilities
Financial calculations: Applications Introduction to Time value of money: 2 days
Present Value  and Net Present Value
Internal Rate of Return  and Multiple IRR (MIRR)
Using XNPV and XIRR
Introduction to Amortization of loan schedule
Effective yields and returns
Presentation of cash flow Presentation fundamentals 2 days
Cash and cash equivalents
Operating cash flow
Investing cash flow
Financing cash flow
Methods in calculating operating cash flow
Direct versus indirect methods
Reporting non cash transactions
Cash flow and working capital management Trade-off between liquidity and profitability 2 days
Conservative working capital management
Aggressive working capital management
Sources of cash
Cost of funds
Use of short term and long term debt
Working capital optimization
Cash conversion cycle
Accounts receivable factoring, pledging and assignment
Suppliers early payment discount
Insights about the cash flow statement Liquidity and financial flexibility 1 day
Restricted cash and cash equivalent
Gross versus net cash flow reporting
Healthy cash flow
Forecasting cash flow Why to forecast cash flow 1 day
Cash management
Who is involved
Investing and financing decisions
Free cash flow
Cash flow ratios External financing index ratio 2 days
Cash sources component percentages ratio
Financing policies ratio
Operating cash index ratio
Operating cash inflow ratio
Operating cash outflow ratio
Long-term debt payment ratio
Productivity of assets ratio
Cash flow adequacy ratio
Reinvestment ratio
Dividends payout
Overview of Risk Management Statistical nature of risk versus absence of probabilistic dimension to uncertainty 5 days
Summarizing the principal types of financial risk
Types of risk
Market risk and capital adequacy
Credit risk
Liquidity risk
Sovereign risk
Systemic risk
Operational, legal and reputational risk
Methodological principles of Value at Risk (VaR)
Are financial returns normally distributed?
Risk/reward concepts from Capital Asset Pricing Model (CAPM)
Modelling risk scenarios
Stress testing
Regressions based on outlier values
Back testing
Hedging strategies
Use of swaps and other derivatives to manage risk
Corporate governance issues
Conflicts of interest
Internal risk control processes
Non-executive directors (NED’s)
Major regulatory initiatives
Sarbanes-Oxley
Dodd-Frank Act
BCBS and Basel II and III
Revamped UK regulatory structure
Financial Stability Board
Corporate financial analysis Profit and loss versus balance sheet analysis 3 dyas
Comparable company analysis
Building block analysis
Vertical, trend, and horizontal analysis
Liquidity
Current, quick, and cash ratios
Asset management and activity
AR and AP Turnover
Cash conversion cycle
Asset turnover
Solvency, leverage and gearing
Debt, equity, and times interest earned ratios
Assessing profitability management
Profit margin, gross margin, return on assets, return on equity
Market and valuation
Price-earnings and earnings per share ratios
Modeling the DuPont identity
The three-step models
Financial statement modeling How financial models work 2 days
Modeling income statement
Modeling balance sheet
Free Cash Flow measurement (FCF)
Using FCF to value the firm and its equity
Sensitivity analysis
Discounted cash flow analysis
Developing an integrated financial model
Model construction techniques Data tables design 2 days
Assumptions and input variable rules
Array functions and formulas
Spinner data modeling
List box data modeling
Option box data modeling
Acquiring and updating data from the text, access database, SQL, and the web

 

Specialization: HR & Training
Topics Course Content Duration
Human Resourse Management (Introduction) Definitions and objectives of HRM 2 days
The main functions in HR
Examples of HR organization charts
The recruitment and selection cycle
The performance management cycle
The compensation and benefits cycle
Employee administration Reviewing and developing the probation period administration process 2 days
Reviewing and developing the staff performance appraisal process
Maintaining a proper leave record
Auditing the leave administration process
Auditing and improving the current payroll administration process
Overtime management review
Ensuring correct calculation of severance pay
Ensuring compliance with pension fund regulations
HR Audit History and origin of auditing 2 days
Definition of auditing
Conducting a good audit
Pitfalls to watch out for
Creating a plan to conduct an HR audit
Recruitment and selection process & its audit Analyzing the current workforce plan 2 days
Modifying the workforce plan and budget to include the important elements
Reviewing the current recruitment and hiring process as per the company’s HR policy
Analyzing the joining formalities of new employees
Improving the joining formalities of new employees
Creating a proper new joiners file
The induction process
Role as a master trainer Facilitating the learning experience 2 days
Before, during and after your training sessions
Understanding learners’ memory
Ensuring learning results
Applying adult learning principles
Accelerated learning principles
Training and development Identifying training needs 2 days
Career development
Succession planning
Building a personal development plan
Learning styles
On the job training
Evaluating training effectiveness
The delivery of training Attributes of an effective training session 2 days
Audience attention and interest
Questioning techniques
Building trust and rapport between master trainers and trainees
Ways to keep your session alive and the audience awake
Controlling public speaking anxiety
The use of technology in your training workshops
Your PowerPoint slides and flip chart
Ending with a conclusion and an action plan
Skill transfer What usually happens after training 2 days
What must happen after training
The master trainer’s role in skill transfer
Ways to improve skill transfer
The HR administrator in organizations Major roles and responsibilities of HR administrators 2 days
A look at the HR administrator’s job description
The HR administrator’s position within the HR department
Professional qualifications as a competitive advantage
Competencies of successful administrators
Technical competencies
Behavioral competencies
Assessing and developing your competencies
The evolving role of the HR administrator
Certifications for administrators
Handling employee complaints Employee moral 2 days
The definition of a grievance
Grievances versus complaints
The grievance handling procedures
Your role before, during and after the exit interview
Analyzing turnover
Healthy versus unhealthy turnover
Other essentials of HR Management Labor law application 2 days
Legal instruments
Notice period, probation period and leaves
Wages and disciplinary actions
Dismissal and termination
Specialization: Stocks & Inventory Management
Topics Course Content Duration
Introduction to inventory management Objectives of inventory planning and stock control 2 days
Reasons to hold inventory
Inventory information system considerations
Inventory push vs. pull systems
Identifying inventory costs
Customer service in inventory management
Description and classification of inventory Types of inventory 2 days
The inventory ABC classification ranking model
Uses of the ABC ranking
Materials specifications and cataloguing
Forecasting demand and lead time The inventory order cycle 3 days
Dependent versus independent demand
Factors affecting demand
Factors impacting demand forecast accuracy
Demand patterns
Time series forecasting methods:
Seasonal demand
Moving average
Exponential smoothing
Measuring the accuracy of the forecast
Setting lead time and methods to control it
Inventory systems Elements of inventory holding and ordering costs 2 days
The Economic Order Quantity (EOQ) model
Dealing with quantity discounts
Objectives of safety stocks
Setting safety stocks
Determining the Reorder Point (ROP)
Counting and controlling inventory Importance of accurate inventory records 2 days
Warehousing functions
Causes of inaccurate inventory records
Requirements for accurate inventory records
Reporting record accuracy
Periodic and cycle counting
Reducing inventory investment The importance of JIT or pull theory in inventory management to reduce total cost 2 days
Identification of surplus
Disposal options of excess inventory
JIT methods
JIT requirements
JIT risks
Measuring inventory management performance Importance of tracking the effectiveness of the inventory planning and control functions 2 days
Reasons behind poor inventory management performance
Setting inventory KPIs and targets
Examples of KPIs used in the inventory planning and control functions
Qualities of the inventory specialist
Specialization: Supply Chain & Logistics Management
Topics Course Content Duration
Modern supply chain and logistics trends Supply chain overview 2 days
Role of logistics
Sustainability in supply chains and logistics
Supply chain configuration
3PL concepts
4PL concepts
Materials forecasting and inventory planning Qualitative forecasting theories 4 days
Forecasting panels
Thought leaders
Delphi technique
Quantitative forecasting techniques
Seasonal demand forecasting
Moving average
Weighted moving average
Exponential smoothing
Forecasting error
Identifying bias
Determining economic order quantities
Determining reorder points
Replenishment strategies
Make-to-stock
Make-to-order
Assemble-to-order
Procurement and go-to-market strategies Role of procurement 2 days
Procurement process flows
Sourcing strategies
Vendor management
Partnerships and alliances
Role of transportation and shipping in logistics Definition of fleet management 2 days
Objectives and costs of fleet management
Transportation modes
Optimized routing and cubing
Incoterms for international commerce
Role of warehousing in logistics Warehousing network design 2 days
Configuration of warehousing space
Value adding activities
Stockpiling, spot stocking and assortments
Cross docking, break bulking and consolidation
Mixing, postponement and assembly-to-order
Warehousing equipment and tools
Reverse logistics