Around the world, companies large and small are seeking non-linear growth which has led to strategic business management being an undisputed priority for business scalability. Generating ideas is not enough any more, understanding a corporate strategy which includes its feasibility, viability, implementation, and resulting outcomes have become one of the vital agenda drivers across boardrooms.

IIM Kozhikode's Certificate in Advanced Strategic Management Programme is designed for experienced working professionals who want to develop their functional expertise further and enhance their strategic planning skills for a senior leadership role in their organisation. This 9-month programme, delivered via interactive live online sessions and campus immersions at the IIM Kozhikode campus, introduces proven frameworks and best practices in business strategy, decision-making, leadership and future business models to make high-output strategic thinking possible.

This programme's immersive learning pedagogy explores every aspect of strategy in great detail, from its formation, economic and growth aspects to its functional classifications, implementation, leadership and innovation to truly develop a strategic mindset. On completing this programme, you will receive a certificate of completion and will be eligible for the prestigious Executive Alumni Status of IIM Kozhikode.


  • Develop a thorough understanding of the strategic management process and the functional strategies deployed by market-leading organisations
  • Enhance critical skills to analyse financial statements and understand the main principles of economics that guide strategic decision-making
  • Build the ability to conduct analysis using various tools and frameworks to make strategic decisions at the business-level and corporate-level of the organisation
  • Gain insights into how to identify an appropriate growth strategy and explore effective strategy implementation
  • Advance your leadership skills, data-driven problem-solving ability and innovation-driven capabilities
  • Develop a strategic mindset to diagnose problems in the organisation and make practical recommendations


Certificate in Advanced Strategic Management Programme - Certificate Click to view certificate



      13 March 2021


      9 Months
      (Live Online & In-campus Immersion
      Live Online Sessions: 3 Hours/ Sunday - 12:15 PM to 3:15 PM)


      INR 2,20,000 + GST

    Who is this Programme For

    This pure-play strategy programme is for managers or executives who want to sharpen their strategic management skills to lead a business in today’s dynamic economic landscape. Participants will also gain insights into strategic growth planning which is a critical trait to master for senior professionals who want to go beyond functional competencies to plan and execute revenue-generating corporate strategies for competitive advantage and business success.

    • CXOs, Business Heads, Directors, and other C-suite members involved in driving their organisation’s business strategy
    • Senior and mid-level managers keen to develop a strategic mindset and transition into high-level strategic leadership roles that drive corporate strategy
    • Consultants seeking to grow their problem-solving and strategic planning skills for improved client management capability
    • Entrepreneurs and small business owners looking for structured strategic insights and best practices from market-leading companies to scale their business
    • ELIGIBILITY - Graduates (10+2+3) or Diploma Holders (only 10+2+3) from a recognised university in any discipline with a minimum of 7 years of work experience (after graduation) as on Jan 31, 2021. Post Graduates with a minimum of 5 years of work experience are also eligible to apply.

    Programme Modules & Faculty


    • Introduction to Strategy – Past-Present-Future
    • Strategic Consulting and Strategic Planning
    • Foundations of Strategy Formulation
    • Planned vs Emergent Strategy
    • Environmental Uncertainty and Strategic Planning
    • Scenario Planning
    • Industry Analysis
    • Measuring and Reporting Financial Position and Financial Performance
    • Cash Flow Analysis
    • Analysing and Interpreting Financial Statements
    • An overview of Management Accounting
    • Making Capital Investment Decisions
    • Managing Working Capital
    • The Critical Concepts of Economics
    • Fundamentals of Supply and Demand
    • Economics of Uncertainty
    • Capital, Interest, and Profits
    • International Trade
    • An Overview of Macroeconomics
    • Economic Growth
    • Operations Strategy
    • Marketing Strategy
    • Human Resources Strategy
    • Firm Resources and capabilities
    • Value Creation and Value Chain
    • Competitive Advantage
    • Competitive Strategy
    • Business Strategy in a Globalised Digital & Highly Regulated World
    • Corporate Diversification Strategy
    • Achieving Growth through Acquisitions
    • Making Strategic Alliances Work
    • Internationalisation Strategies
    • Balanced Scorecard
    • Strategy Implementation using Analytics
    • Strategy and Organisational Structure
    • Strategy and Organisational Culture
    • Strategy and Organisational Communication
    • Implementation Risks & Mitigation
    • Business Models of the Future
    • Digital Transformation Strategies
    • Design Thinking and its Application in Organisational Strategy
    • Strategic Leadership and Change Management
    • Leading High-performance Teams
    • Leading organisations into a new paradigm/ growth strategies
    • Leadership inspired by Indian culture (Bhagavad Geeta and Indian Mythology)
    • Corporate Governance
    • Corporate Entrepreneurship
    • Strategy Simulation
    • Capstone Project Presentations
    • Case Discussions on Strategic 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.


    Prof. M. K. Nandakumar, PhD
    Prof. M. K. Nandakumar, PhD

    Associate Professor,

    Strategic Management

    Prof. Nandakumar has extensive experience in the higher education sector in the United Kingdom having worked in three leading universities namely University of Salford, Manchester; Middlesex University, London and the University of East London, London. His research papers have featured in leading international peer-reviewed journals like Journal of Business Research, Long Range Planning, Asia Pacific Journal of Management, International Studies of Management and Organisation, Strategic Change: Briefings in Entrepreneurial Finance, International Journal of Productivity and Performance Management and Management Decision. He has also presented his papers and research work at various conferences hosted by the Academy of Management, Strategic Management Society and the British Academy of Management. At IIM Kozhikode, he has worked in significant administrative positions including the Chairman of the International Exchange Programme, Chairman of International Accreditation and Chairman of Strategic Management department. He teaches several courses at the MBA and Doctoral level along with the Executive Education Programmes and has guided several PhD students to successful completion. He has successfully coordinated the Association of MBAs (AMBA) accreditation project at IIM Kozhikode, and his book titled Organisational Flexibility and Competitiveness was published by Springer in 2014.

    Programme Fee

    Dates Length Location Tuition Fees
    March 13, 2021 9 Months Live Online & In-campus Immersion
    Live Online Sessions: 3 Hours/ Sunday - 12:15 PM to 3:15 PM
    INR 2,20,000 + GST
    Deadline Application Fee
    Round 1 Dec 21, 2020 INR 2,000 + GST
    Round 2 Jan 21, 2021 INR 2,500 + GST
    Round 3 Mar 4, 2021 INR 3,000 + GST
    Application Deadline Extended Mar 7, 2021 INR 3,000 + GST
    Remarks Instalment Amount
    Booking Amount Within 7 days post selection INR 20,000 + GST
    Instalment 1 Mar 11, 2021 INR 55,000 + GST
    Instalment 2 May 5, 2021 INR 75,000 + GST
    Instalment 3 Aug 5, 2021 INR 70,000 + GST

    Student Loan Details

    Loan Amount Available Tenure (months) EMI
    INR 2,46,620 48 INR 7,522


    • The above EMI’s are indicative. The EMI’s offered by each of the loan providers might vary from the above figures, depending upon tenure and loan amount to be disbursed.
    • Other EMI tenures available (Months):
      Propelld: 6/12/18/24/30/36/42/48
      Eduvanz: 12/24/36/48

    Please visit Students Loans and Financing for details on how to avail a student loan.


    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.