This year, the IIM-A (Indian Institute of Technology - Ahmedabad) has collaborated with three top B-Schools in Brazil, Russia and China to introduce a program known as 'BRICS on BRICS' program. The main aim of this program is to measure the growth of the emerging economics of Brazil, Russia, India and China (BRIC).
Brazil-based Fundacao Dom Cabral (FDC), IIM-A from India, the Moscow School of Management SKOLKOVO from Russia, and the Cheung Kong Graduate School of Business (CKGSB) from China have come together to give a program that provides global companies with skills, knowledge and insights to efficiently operate and invest in the BRIC countries.
IIM-A has management development program known as Strategic Financial Management and Control Program which addresses the operational challenges in the corporate finance area. The Indian Institute of Management- Bangalore (IIM-B) will introduce a certificate program known as Advanced Financial Risk Management in October, 2012.
This programme is specifically designed for financial operators engaged in risk management, such as dealers, asset and fund managers, traders, financial analysts and others. A professor from IIM-B expressed that the financial crisis which the global economy has recently gone through has revealed the significance of risk management.
The program will explain students on How? and Why? The companies failed in their transactions and did not manage the risks properly. The program will begin with a macro picture of financial markets and valuation background and gradually build on risk management courses.