Program Description
This course provides a comprehensive overview of the critical role of finance within an organization, essential for professionals to make informed decisions that directly impact organizational success and profitability. Professionals, with a basic understanding of finance, can better appreciate how their decisions influence the business and enhance their overall decision-making skills. The course covers key topics such as economic indicators of growth, financial metrics that define organizational performance, recent trends in costing, the application of time value of money, risk management, and tax management. Developed in association with the IFMR Graduate School of Business, this course offers a multi-dimensional approach to learning, equipping engineers with a holistic understanding of business operations. By gaining this knowledge, future engineers will have a competitive advantage in their workplace, better prepared to navigate the complexities of the ever-evolving business world and make a positive impact.
Course Objectives
• Understand the fundamental concepts of economics and finance.
• Analyze and evaluate risks using appropriate strategies.
• Apply the principles of time value of money in financial decision-making.
• Enhance organizational financial performance through effective economic and financial principles.
• Utilize suitable tools and techniques to optimize financial acumen.
Key Highlights
Economics
Finance Vocabulary and Financial Statements
Financial Statement Analysis
Working Capital Management
Cost Management
Time Value of Money
Risk Analysis
Tax
Learning Format
Online
Duration
5 units
Certified by
IITM Pravartak Technologies Foundation
Technology Innovation Hub (TIH) of IIT Madras
and
L&T EduTech
Program Fee
Rs 5,100/- inclusive of tax
Education Qualification
Students pursuing Diploma / UG / PG Programs in any branch of higher Education like Engineering, Management, Finance, Accounts, Commerce & related fields
Teaching Hours
27 hours
Lead Faculty
L&T Industry Experts & Experts of IFMR Graduate School of Business
Dr. Balasubramanian G
Senior Professor and Advisor - Finance, Accounting & Quantitative Finance
Dr. G. Balasubramanian holds a Ph.D. in Finance from the University of Madras. With over three decades of experience in executive training, teaching, consulting, and research in Accounting, Finance, and Information Technology, he is a seasoned expert in his field.
Formerly the Dean of IFMR, he has taught finance internationally under the Commonwealth Secretariat and has trained over 1,000 executives across both private and public sector organizations. Dr. Balasubramanian is also an accomplished author and serves as the Managing Editor of the Journal of Emerging Market Finance, published by Sage Publications.
