IIM Kozhikode and Emeritus launch Chief Financial Officer Programme to drive strategic financial leadership; Features Online Modules by Kellogg Executive Education

press release

• 04-05-2024

Bengaluru, April 29, 2024: The role of CFOs has broadened significantly in the past few years, transcending traditional financial responsibilities to encompass strategic decision-making. The need for constant transformation is crucial as CFOs are now expected to lead transformative initiatives and provide insights that can directly influence organisational growth and sustainability. Catering to the growing demands of the future CFO role, the Indian Institute of Management Kozhikode (IIMK), acclaimed for its 3rd rank in the Ministry of Education’s NIRF 2023 rankings, along with Emeritus, a global pioneer in offering accessible and affordable high-quality education to individuals and organisations, announced the launch of their Chief Financial Officer Programme, featuring two online modules by Kellogg Executive Education.

This high-impact 12-month programme is curated for new and evolving CFOs. It is also designed for seasoned financial leaders and business heads with a minimum of 10 years of work experience. Designed to unlock the next level of their CFO journey, the programme will equip leaders to refine financial decision-making in a dynamic global economy, navigate mergers, acquisitions, and IPOs with confidence. The programme will also enable leaders master data-driven financial strategies, lead with integrity, ethical governance and corporate responsibility, innovate through design thinking for creative financial solutions, execute strategic risk management, safeguard assets and maximise opportunities.

According to the FTI Consulting’s 2024 Global CFO Report, 43% of finance leaders prioritise establishing finance as a strategic partner to the business in the next 12 months and 84% of CFOs emphasise the importance of enhancing forecasting accuracy to effectively allocate capital and resources to strategic initiatives. This underscores the evolving role of CFOs as strategic partners who drive business growth and innovation through data-driven insights and collaboration across functions. As CFOs adapt to the rapidly changing business landscape, they are transforming their roles from traditional financial stewards to strategic advisors who play a crucial role in shaping organisational strategy and decision-making.

This hands-on programme for creating future-ready CFOs offers immersive live online learning by IIMK faculty and industry experts, and a 3-day in-campus immersion at the IIM Kozhikode campus. It also features two online modules by Kellogg Executive Education. Additionally, the programme includes a capstone project guided by IIM Kozhikode Faculty, hands-on learning through business simulations in strategic finance, an opportunity for peer-to-peer learning and advanced modules on economic dynamics, mergers, acquisitions and IPO, & C-Suite leadership. The modules have been carefully crafted to provide leaders with growth strategies, innovation, digital transformation, and data-driven decision-making. The module includes various impactful topics such as economic dynamics and global considerations, financial markets, advanced corporate finance strategies and business valuation, strategic performance management, leading with AI and digital, leading growth strategy, corporate governance and ethical leadership, transforming disruption into advantage and C-suite leadership among others.

Commenting on the launch of the programme, Mohan Kannegal, CEO, India and APAC, Emeritus,  said, “In today's dynamic business landscape, Chief Financial Officers must proactively embrace change and adapt to emerging trends to remain indispensable. This programme provides a comprehensive curriculum covering financial strategy, risk management, and digital transformation. By equipping CFOs with advanced analytical skills and strategic foresight, this programme enables them to navigate complex financial challenges, drive innovation, and lead their organisations towards sustainable growth. We are committed to bringing high-impact programmes and excited to collaborate with an esteemed institution such as IIM Kozhikode. We are confident that participants will be able to gain a competitive edge in their financial decision-making, optimise resource allocation, and drive profitability, ensuring long-term financial sustainability and resilience for their organisations.”

The eligibility for this programme includes Graduates (10+2+3)/ Diploma holders (10+2+3) from a recognised university (UGC/AICTE/DEC/AIU/State Government/recognised international universities) with a minimum of 10 years of work experience. This programme is set to begin on June 30, 2024, with a fee of INR 6,50,000 plus GST.

Upon successful completion of the programme and maintaining a minimum attendance of 75 percent, participants will be awarded a certificate of completion from IIM Kozhikode and an opportunity to gain the IIM Kozhikode Executive Alumni status. Additionally, upon successful completion of each online module with a minimum grade of 80%, the participants will also receive a verified digital certificate of completion by Kellogg Executive Education. More information on the programme can be found on the website.

About Kellogg Executive Education

Kellogg Executive Education empowers business leaders to foster growth in themselves, their teams, and their organizations. Their renowned faculty, consisting of the world’s best researchers, educators, and practitioners, provide practical insight that participants can apply as soon as they return to work. Providing a collaborative, immersive environment for their executive development programs, they serve a variety of businesses and executives from a myriad of industries and geographies.

About Indian Institute of Management Kozhikode:

Started in 1997 with its Post Graduate Programme (PGP), the Indian Institute of Management Kozhikode (IIMK) is on a high growth trajectory today, offering a wide range of academic programmes in the field of management education. These include the Fellow Programme in Management, Executive PG Programmes, Management Development Programmes and Faculty Development Programs. IIMK set up a Satellite campus at Infopark, Kochi, in 2013 dedicated to Executive Education. IIMK has also the unique distinction of launching a PhD (Practice Track) programme for working professionals besides bringing in new dynamic programmes such as the one-year Post Graduate programme in Business Leadership (2019) MBA in Finance and MBA in Liberal Studies & Management (2020). The institute is also home to IIMK LIVE a first-of-its-kind startup incubation programme and the Indian Business Museum. IIMK is ranked 3rd as per NIRF India Rankings 2023: Management. The institute also features regularly among top global institutes for its flagship MBA (PGP) and EMBA programme (EPGP) in the QS World University Rankings. The institute has leapfrogged 100 spots to be placed in the Top 251-300 Institutes in Business & Management Studies globally, as per the QS World University Rankings by Subject 2023. It has the distinction of being the only IIM in the coveted innovation rankings. IIM Kozhikode is globally accredited by EQUIS (EFMD) and AMBA (UK).

IIM Kozhikode also made its debut in the prestigious Financial Times Rankings (FT Rankings 2023) in the 72nd position among the top-75 open-enrolment executive program providers globally, catapulting the 27- year IIM on to an exclusive list of the foremost providers of executive education in the world. The institute has also now entered in global top-100 at Rank #77 for FT Masters in Management (MIM) 2023 Rankings, for its full time MBA programme. IIM Kozhikode has successfully delivered close to 1300 MDP programmes over the past two decades, training more than 41,000 participants from 150+ organisations, which also includes several Fortune 500 companies in the process.

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