OVERVIEW

In today's cryptocurrency era, finance and technology have emerged as the two sides of the same coin. While inclusive access to financial services is on an all-time rise, risk management aimed at consumer protection and financial stability is emerging as an undisputed necessity. The Executive Programme in Fintech, Banking & Applied Risk Management from IIM Lucknow, provides an overview and working knowledge of risk governance and long-term value creation in the light these digital disruptions and new regulations. This programme is delivered via interactive live online sessions and a two-day on-campus immersion at the IIM Lucknow campus. The industry-relevant programme curriculum will benefit professionals in banking, fintech and NBFCs as well as IT professionals working on fintech/blockchain projects.

Programme Highlights:
- Experience a two-day on-campus immersion at the IIM Lucknow campus
- Learn how risk management evolves in this disruptive and innovative environment
- Become industry-ready and learn from real-world business applications, industry case studies and tools
- Gain a global outlook with insights from IIM Lucknow faculty and international expert practitioners
- Apply programme learnings in a hands-on capstone project based on a real-world business case
- Receive a certificate of completion from one of India's top B-Schools (NIRF, 2020)

KEY BENEFITS

  • Learn about critical banking and financial risks, capital and regulatory requirements, as well as asset-liability management
  • Gain insights into the broader context behind analytical models and approaches to risks in the banking sector
  • Understand the changing dynamics of corporate segments for creating a risk-adjusted positive return portfolio of assets
  • Explore capital and liquidity regulatory landscape relating to advanced fund transfer pricing, liquidity risks and bankruptcy resolution laws
  • Apply risk-management tools to identify, mitigate and manage risks faced in the BFSI industry
  • Understand how tools such as value-at-risk and stress-testing as well as derivative instruments assess and hedge risks proactively
  • Explore popular real-world blockchain applications within the risk management paradigm
  • Develop the ability to understand risks and make strategic operational decisions

CERTIFICATE

Executive Programme in Fintech, Banking & Applied Risk Management - Certificate Click to view certificate

GET PROGRAMME INFO?

  • STARTS ON

    13 December 2020

  • DURATION

    5 Months
    (Live Online and 2 Days On-campus Immersion Sessions at IIM Lucknow)

  • PROGRAMME FEE

    INR 97,500 + GST (Early Bird Fee till Sep 30, 2020)
    INR 1,07,500 + GST (Standard Fee from Oct 01, 2020)

Who is this Programme For

With banks supporting fintech companies, gaining a working knowledge and certification from IIM Lucknow in fintech, blockchain applications, banking, and risk management will be a rewarding step for your career. This programme will be beneficial to:


  • Mid to senior-level managers working in the banking and financial services sector eager to understand risk management and control in an evolving business environment
  • Business leaders in banking and financial institutions working across risk and compliance portfolio and keen to gain a deeper understanding of risk governance in a disruptive world
  • Risk management consultants and finance professionals working in a bank or a fintech organisation or handling similar clients/projects
  • Early-career professionals or those aspiring for a career in risk management roles and have completed certifications like CFA, FRM, and CA
  • Entrepreneurs and business owners interested in scaling business growth through effective risk management
  • ELIGIBILITY - Graduate with minimum 1 year of work experience

Programme Modules & Faculty

syllabus

  • Overview of Banking and Financial Services Industry – Global and Indian
  • Understanding Basic Definitions of Risk
  • Understanding Financial Statements and using it as a proxy for capturing banking risks
  • Liquidity Risk
  • Business Cycles, Capital Adequacy and Supervision and Regulatory Forbearance
  • Interest rate risk and Asset Liability Management
  • Management of Liabilities – Pricing of deposits and deposit mix
  • Market Risk Capital Charge under SMM and IMA
  • Innovation Frameworks
  • Foundations of FinTech and Associated Risks
  • Applications of ML & AI in FinTech; Risk Management, Credit Scoring
  • Data Driven Financial Analytics in Risk Management and Fraud detections
  • Cyber Security and Financial Issues in Fintech: Navigating the Risks
  • Alternative Finance Channels and Instruments
  • Retail Banking and use of analytics, Wealth Management and Robo Advisors
  • Credit Analytics and Investment Analytics
  • Fintech Applications in Banking and Financial Services
  • FinTech and MSME lending landscape
  • Design Thinking, Digital Strategy, Gamification and Future of FinTech
  • Risk Management Practices under Basel I, II, III and IV
  • Credit Risk Models and Portfolio credit Risk Management
  • Stress Testing, Value at Risk, ICAAP and ECL provisioning
  • Distressed debt and Insolvency and Bankruptcy Code – Evolution of IBC, successful case studies
  • Operational Risk Management
  • Economic Capital, Risk Governance and RAROC frameworks
  • Risk Management Products and Derivatives across Risk Classes
  • Interest Rate futures and Basic Swaps
  • Options, Black Scholes Mertons Model and Underlying Volatility
  • Hedging with Futures
  • Interest rate and Exotic options
  • Blockchain Applications
  • Distributed Ledger Technologies
  • InsureTech, WealthTech and e-Banks
  • Asset Management and Payment Systems
  • Crypto Currencies and ICO
  • Digital Payments and Alternative Investment Markets

PROGRAMME DIRECTORS

Prof. Prakash Singh
Prof. Prakash Singh

Programme Director & Professor,

Finance and Accounting

Prof. Prakash Singh is a B.E. in Mechanical Engineering from HBTI, Kanpur, an MBA from Lucknow University and holds a PhD from BITS, Pilani. His research interests include Performance and Regulation of Banks, Risk Management in Financial Institutions, Microfinance, and Valuation of Start-ups. His research contributions have been published in various peer-reviewed journals. He also serves as an Independent Director on the Board of NBFC-MFIs as well as on the advisory board of UP Power Corporation, PICUP, SIDBI and LMA among other organisations. He is also the Faculty Convener at SCIFI, an IIM Lucknow – SIDBI sponsored incubation centre promoting start-ups in the space of Fintech.

Prof. Vikas Srivastava
Prof. Vikas Srivastava

Programme Director & Professor,

Finance and Accounting

Prof. Vikas Srivastava is an MBA, PhD and a visiting Doctoral Fellow at the Helsinki School of Economics under a scholarship by the European Union. His primary research areas are Project Finance, Corporate Banking and Credit Risk Management. He has managed consulting assignments for IFC Washington and ADB Manila on sustainable lending and provided consulting and over 120 specialised training programs to RBI, large public sector banks, Centre for Banking Studies, Central Bank of Srilanka and Bangladesh Bank. He has co-authored a textbook on Project Finance published by Oxford University Press, besides having publications in several international journals and articles in financial dailies.

Programme Fee

Dates Length Location Tuition Fees
December 13, 2020 5 Months Live Online and 2 Days On-campus Immersion Sessions at IIM Lucknow INR 97,500 + GST (Early Bird Fee till Sep 30, 2020)
INR 1,07,500 + GST (Standard Fee from Oct 01, 2020)
Deadline Application Fee
Round 1 Sep 30, 2020 INR 1,500 + GST
Round 2 Oct 30, 2020 INR 2,000 + GST
Round 3 Nov 17, 2020 INR 2,500 + GST
Remarks Instalment Amount
Instalment 1 Within 7 days of selection INR 20,000 + GST
Instalment 2 Dec 07, 2020 INR 40,000 + GST
Instalment 3 Feb 20, 2021 INR 37,500 + GST (Early Bird Fee)
INR 47,500 + GST (Standard Fee)

Student Loan Details

Loan Amount Available Tenure (months) EMI
INR 1,20,508 36 INR 4,455

Note:

  • 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

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

SYSTEM REQUIREMENTS

SYSTEM REQUIREMENTS TO ATTEND A LIVE ONLINE CLASSES
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.