An excellent Foundation program; the 3 courses, cover critical concepts in Finance; financial instruments, stock (equity) markets, currency and bond markets; and an overview of a Bank’s business. A must-do for all banking aspirants – graduates, or MBAs.
|Understanding Money||Concept of Money: An introduction to money, as a standardized unit of exchange.Concept of Interest: What 'Interest' is; Simple and Compund Interest.Compounding and CAGR: Effective Interest (Yield); CAGR & its usage.Time Value of Money: Future Value, Present value, NPV, IRR with illustrations & the Excel functions.|
Inflation: Inflation and Nominal Rate, Inflation Rate and Real Rate.
|Understanding Risk||Identifying Risk: Types of risk a Financial Institution faces.Measuring & Managing Risk: Factors considered to measure risk; risk management techniques such as diversification.|
The Risk-Return Framework: You will understand how return changes with the associated risk.
|Accounting||Concept of Business and its Classification: A brief discussion on the concept of Business and how it is structured.Accounting Principles: An overview of key accounting principles (such as Going Concern Concept, Conservatism Concept, Accrual Concept etc.)The Accounting Process: The overall flow right from Transaction, through General Ledger till Financial Statements. Also, the Double Entry Method.Recording Financial Transactions: How financial transactions are recorded; passing Debit and Credit entries.Depreciation: Explanation of Depreciation and Amortisation.|
Suspense Account and Trial Balance: The purpose of the Suspense account and Trial Balance.
|Financial Statements||Profit & Loss (P&L) Statement: The components of a P&L Statement - measures of profitability, and items of expense. The format of a P&L Statement.Cash Flow Statement: The concept of a Cash Flow Statement and its break-down into Financing, Investing and Operational Cash flows.Balance Sheet: A detailed discussion on various components of a Balance Sheet, such as Current Assets, Owner's Equity, Contingent Assets & Liabilities etc.|
Live Examples: A discussion on the Balance Sheet with a live example.
Anjali has worked in Blow Plast, Bank of America (retail assets), and Cognizant Technology Solutions – pre-sales and heading domain competency- Financial Services Group.