Opening New Frontiers in Financial Education: PGDM Finance at Lal Bahadur Shastri Institute of Management [LBSIM], Delhi

Lal Bahadur Shastri Institute of
Management
, New Delhi a premier institute of Management and Information
Technology Education was established by the Lal Bahadur Shastri Educational
Trust in 1995. It has emerged today as one of the top business schools in the
country. It takes pride in being one of the foremost institutes in providing
value based management education, thus developing professionals with a humane
and pragmatic approach on the march towards corporate excellence. The institute
has state of the art infrastructure and a fully air conditioned building in
Dwarka.

Lal Bahadur Shastri Institute of Management in the
year 2008 launched a highly innovative and rigorous two year full time
programme in finance to fulfill the need of trained financial analysts and
consultants in the country.

This
programme aims to provide a rigorous treatment of the theories of corporate
finance, financial decision-making, financial analysis, risk management, and
financial markets and institutions together with related econometric and
mathematical techniques. It allows students whose career choices lie in the
financial sector to develop their analytical skills and acquire a body of
knowledge, which is relevant to a financial services career, and be exposed to
the frontiers of the subject.

The
main objective of the programme is to equip students with the requisite
knowledge and skills in financial planning, decision-making, and control along
with equipping them with the necessary analytic knowledge necessary for
creation of innovative financial instruments. Specifically, the course is
targeted at:

  • Familiarizing with the
    financial system and regulatory framework in financial decision making
    process.
  • Providing an insight into the
    nature of accounting information and the techniques to financial
    reporting, planning, and control developing understanding of equity
    research and risk management.
  • Managing global financial
    services management and marketing thereof.
  • Developing an advanced level of
    financial innovation for risk management.

The
programme shall commence with a one week orientation programme, which serves as
a catalyst to identify and bridge learning gaps of students having diverse
academic background.

Two
Year Full-Time Post Graduate Diploma in Management-Finance consists of six
trimesters. The course structure has been designed to ensure that the
management graduates of LBSIM are equipped with financial management skills in
addition to general management skills, so as to be in a position to take up
specialists positions in finance and accounting.

In
the three trimesters during the first year, the focus is primarily on building
the foundation of conceptual and analytical skills required for more
specialized advanced courses in finance to be pursued in the second year of the
programme.

The
students have to take 22 courses along with Personal and Interpersonal
Effectiveness Lab and Summer Training during the year. There is a specialized
Finance lab in collaboration with Bloomberg where students can access live data
and information on financial markets worldwide.

The
institute also set a Business Analytics lab in association with IBM under an
MoU to help build knowledge and skills on latest analytical tools for business
application.

In
the second year, during the fourth, fifth, and sixth trimesters, the students
have to opt for 6 electives in addition to the 9 core compulsory courses. This
enables the students to pursue in-depth learning in the area of their
specialization. The electives cover a variety of upcoming areas. Besides, each
student undertakes a project study under the guidance of a faculty member with
the aim of studying a business problem or a situation to gain an insight into
actual corporate realities. The project study is taking up by the students at
the beginning of the fourth trimester and the final submission is at the end of
the fifth trimester.

The
placements
for this programme for the batch of 2015 were excellent with
companies such as Deloitte, Ernst & Young, KPMG, Kotak Mahindra Bank,
Trident etc.
picking up the graduates at an average salary of over 10 lakhs per
annum.

With
economy seeing signs of improvement, LBSIM hopes to keep nurturing its graduates
for a bright future in the corporate world with world class financial education.

Dr. Alok Pandey

Professor

Lal Bahadur Shastri Institute of Management

@LBSIM 

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