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DIPLOMA IN BUSINESS FINANCE COURSES IN INDIA

COMMERCE FINANCE COURSES IN INDIA
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Diploma in Business Finance

About the Program

In the context of sweeping changes in the field of Business and Finance, the Institute of Chartered Financial Analysts of India has designed the Diploma in Business Finance (Diploma in Business Finance) Program keeping in mind the needs of engineers, IT Professionals, non-financial executives, other working executives and consultants to equip them with a basis understanding in finance, accounting and control. The Diploma in Business Finance Program is based on contemporary theory and practice and provides a strong conceptual foundation in these areas. With its trust on imparting knowledge and skills, the Diploma in Business Finance Program will be eminently suitable for professionals aspiring to improve their career prospects. However, the pursuit of the Diploma in Business Finance Program demands intellectual maturity, strength of purpose and willingness to work hard. For those endowed with inquisitive minds and the drive succeed, the Diploma in Business Finance Program would be a voyage of discovery.

Objectives
The objectives of the Diploma in Business Finance Program include the following:

  • To impart a basic understanding of concepts, tools and techniques in finance, accounting, control, economics, law and allied areas.
  • To provide basic skills for understanding and providing solutions to day-to-day business problems through an understanding of finance, accounting and control.
  • To develop a strong interface between finance and other areas of management like operations, R&D, marketing, personnel, information technology etc.
  • To encourage engineers, IT professionals, non-financial executives and other working executives learn about finance, accounting and control so that they can develop an overall perspective about business and its goals.

Duration
The Diploma in Business Finance Program may be completed in a period of one year through self-study and examinations.

Advantage Diploma in Business Finance


The Diploma in Business Finance Program has been developed in the context of the increasing strategic focus placed on finance and the need for Engineers, IT Professionals and other Non-Financial Executives to get good feel of this vital area.

The Diploma in Business Finance Program is designed in such a way, that it introduces the basic concepts and gradually builds up the knowledge and skills in all the vital areas of finance, accounting and control so as to help the candidate develop a strong understanding about the concepts. Following are some of the important advantages derived by the candidates who enroll into the Diploma in Business Finance Program :

Latest in Knowledge

The Diploma in Business Finance Program incorporates the latest knowledge in business finance. It offers insights into the contemporary developments in all areas of finance, accounting and control.

Focused Curriculum

The Diploma in Business Finance Program focuses on 6 vital areas of Business Finance viz., Financial Accounting, Management Accounting, Financial Management, Economics, Quantitative Methods and Economic Legislation. This curriculum would enable the candidates acquire a thorough grasp of these areas with a practical orientation towards application of the knowledge in the business environment.

Examinations

The examinations are held four times a year (January, April, July and October). There are 31 Examination Centers all over India. This will give the candidates flexibility to appear for examination as per their convenience. A unique walk-in registration facility is also available.

Customized for Career Progression

The Diploma in Business Finance Program is specially designed to equip the candidates develop a strong understanding in the core areas of finance, accounting and control which will help them immensely in career progression and mobility.

Special Advantages for Engineers, IT Professionals and Non-Financial Executives
The Diploma in Business Finance Program has been uniquely designed to familiarize Engineers, IT Professionals and Non-Financial Executives with six vital areas of business finance viz., Financial Accounting, Management Accounting, Financial Management, Economics, Quantitative Methods and Economic Legislation. The Diploma in Business Finance Program will give a good understanding in the core areas of finance, accounting and control and help you immensely in the career progression and mobility.

Benefits for Engineers : Engineers are traditionally more involved in the manufacturing and operational aspects of business. However, in their day-to-day operations, they will also have to interact with finance and accounting professionals. Further, as they move up in their career, they will have more and more managerial responsibilities which will demand increasing interface with finance and accounting experts. Therefore, it is very important that engineers should have good understanding of various areas of finance, accounting and control. The Diploma in Business Finance Program will provide new perspectives for engineers to understand business as a whole and relate their operational aspects to the needs of the organization. With the in-depth understanding gained in finance, accounting and control through the Diploma in Business Finance Program, engineers will be able to appreciate much better the need for an integrated approach for managing a successful business.

Benefits for IT Professionals : In today's IT-driven business environment, all functional areas of business have strong IT orientation. With the advent of Enterprise Resource Planning (ERP) Packages and integrated resource management technology including supply chain management, and the massive growth of E-Business, IT professionals are required to gain in-depth knowledge in finance, accounting and control functions to become effective solution providers. The Diploma in Business Finance Program will give you in-depth knowledge in finance, accounting and control so that IT professionals like you can work more comfortably with domain experts in finance.

Benefits for Non-Financial Executives : Finance constitutes the lifeblood of any business. Most of the managerial decisions do have financial implications. Entering into new markets, launching new products, setting up of a new manufacturing base, acquiring another business, expanding the existing business operations and running the day-to-day activities require decisions which have strong financial implications, both on a short-term and long-term basis. Business organizations need to generate adequate profits to sustain their operations and achieve growth. Hence, most of the organizations are driven by the bottom line. Consequently, understanding the basic concepts and practices related to finance, accounting and control is quite important for all general managers and functional managers. After going through the Diploma in Business Finance Program and acquiring an in-depth knowledge in finance, accounting and control, a functional manager can become a much better general manager with clarity of the goals of business to make profit in the competitive world.