The increase in complexity of business environment at the national and international level has brought about a clear need to integrate business strategy with financial strategy. Only when financial strategy is fully integrated into the overall corporate strategy, enduring results are likely to flow. The central piece of any strategy is maximization of shareholders wealth, which has in its financial analysis strong financial overtones.

The PG Diploma Program in Strategic Finance and Control is a professional program that covers business strategy, financial strategy, mergers & acquisitions and financial control systems. Thus, providing a unique integration of financial strategy and control with business strategy and management control systems.

Program Structure

The program covers the important topics related to Strategic Finance and Control. The broad areas in which the body of knowledge is developed and the students will be examined are divided into two groups. The structure of the program is given below:

Group/Part

Subjects

Group A

Part I

Business Strategy

Part II

Financial Strategy

Group B

Part III

Mergers and Acquisitions

Part IV

Management Control Systems

Outline Curriculum

Group A

Part I: Business Strategy

  • Strategic Management: An Overview

  • Strategic Management Process

  • Company Mission

  • Analyzing the External Environment

  • Evaluating the Multinational Environment

  • Internal Analysis of the Company

  • Company Culture and Values

  • Formulating Long-term Objectives and Strategy

  • Strategic Analysis and Choice

  • Operationalizing the Strategy

  • Strategy and Structure

  • Resource Management and Control

  • The Value Chain and Competitive Advantage

  • The Value Chain and Generic Strategies

  • Managing Change

  • Challenges for the 21st Century

Part II: Financial Strategy

  • Overview of Financial Strategy

  • Valuing Real Assets in the Presence of Risk

  • Capital Allocation and Strategy

  • Real Options

  • Capital Structure Decisions

  • Effect of Taxes on Financing Choices

  • Dividend Policy

  • Capital Structure and Corporate Strategy

  • Information Asymmetry and the Securities Markets

  • Financial Decisions and Managerial Incentives

  • Financial Distress and Restructuring

  • Industry Analysis, Financial Policies and Strategies

  • Environment, Governance and Strategy

  • Risk Management and Corporate Strategy

  • Enterprise Risk Management

Group B

Part III: Mergers and Acquisitions

  • Mergers and Acquisitions – An Overview

  • Maximization of Shareholder Value

  • Mergers and Acquisitions: Different Forms

  • Methods of Valuation of Firms

  • Theories of Mergers

  • Sell Offs and Divestitures

  • Modalities of Payment

  • Joint Ventures

  • Going Private and Leveraged Buyouts

  • ESOPs and MLPs

  • International Mergers and Acquisitions

  • Takeover Models

  • Buyback of Shares and Exchange Offers

  • Takeover Defenses

  • Mergers and Acquisitions - Regulatory Control

Part IV: Management Control Systems

  • Management Control: Meaning and Purpose

  • Key Success Variables as Control Indicators

  • Designing Management Control Systems

  • Goals, Strategies and Control

  • Organization Structure for Effective Control Systems

  • Budget as an Instrument of Control

  • Transfer Pricing

  • Management Control of Operations

  • Continuous Improvement Methods

  • Corporate Audit

  • Analyzing Performance Reports and Reward Systems

  • Information Systems for Management Control

  • Management Control of Development Programs and Cooperative Societies

  • Control of Service Organizations

  • Control of Multinational Organizations

  • Management Control of Projects

  • Ethical Dimensions of Management Control

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