This has paused a new challenge for today's managers in the financial service sector. To meet the emerging challenges, Alkesh Dinesh Mody Institute of Investment Studies (ADMIIS) of the University of Bombay has designed a three-year, part-time Master's Degree in Financial Services Management.
University of Bombay established ADMIIS as one of its own institutes in 1994 with introduction of two years post-graduate Diploma in Investment Studies. ADMIIS was set up with the objective of equipping an individual with newly developing, operationally meaningful concepts and techniques in investment and finance. The aim is to enable the students to cope with growingcomplexities of the industry with relevance to the changing economy to produce qualified professionals specialised in this field to take our nation into the next millennium.
Most of the students who have completed the post-graduate Diploma in Investment Studies have been employed in many leading organisations at various management levels. The experience of last four years has inspired the institute to start the three year's part-time Master's Degree in Financial Services Management (MFSM) over and above the Diploma Programme.
The proposed course imparts skill, ability and attitude to find out various alternatives in the changing scenario of financial sector. The specific objectives of MFSM programme are:
To facilitate required skills, which may encourage self-employment in the financial services sector.Besides core subjects such as financial accounting, financial management, managerial economics etc, the course covers specialised subjects such as business environment, research methodology, investment management, security analysis and portfolio management, technical analysis, financial services, strategic management, tax planning, international banking, finance and investment.
The course has been divided into two semesters per year for a period of three years, covering a total number of 36 subjects. This is a part-time, evening course especially for those employees who would like to advance themselves in their careers and are sponsored by their employers. Candidates will be required to do a fair amount of practical work by way of project studies, field investigation and case analysis.
Theinstitute also offers special training programme to suit diverse requirement of various financial institutions. In the recent past, it offered such short-term special indoctrination programmes for training of about 50 newly appointed officers of Securities Exchange Board of India.
Once the insurance sector is thrown open to private sector, ADMIIS proposes to offer suitable training programmes for training at various levels in this sector also.
ADMIIS is also planning to start short certificate courses in security analysis, technical analysis, business forecasting, enterprise resource planning and asset management from August this year.
ADMIIS is constructing its own large building complex at Kalina Campus, which is expected to be completed by March 1999.
Admission to both the above degree and diploma courses has opened from July 17 and close on July 31. A graduate in any stream of learning can apply for admission to either of the courses. The applicants will have to appear for the entrance test andthe successful students will be then admitted.
The classes will commence from the second week of August in the premises of ADMIIS located at first floor, South Wing, University Building, Fort Campus, Monday week of August 1998.
Copyright © 1998 Indian Express Newspapers (Bombay) Ltd.
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