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Published : Monday, 12 October, 2015 02:28 PM

ICICI direct Centre for Financial Learning (ICFL) and XLRI - Xavier School of Management, Jamshedpur have announced a strategic knowledge partnership to offer Management Development Program (MDP) and Long Duration Program (LDP) specialising in Finance.

The alliance intends to create a Knowledge Partnership between ICFL and XLRI to offer programs in Finance that are contemporary and focused towards helping working professionals upgrade their skills to meet the opportunities offered in a dynamic environment through a convenient online mode.

Speaking on the occasion, Prof. Ashis K. Pani, Associate Dean(VIL) from XLRI – Xavier School of Management said, “Today, finance is one of the most pursued career option and young professionals are looking for convenient and fast-track modes to learn and enhance their skills and seek career advancement. We are happy to collaborate with ICFL and look forward to successfully delivering high quality Programs by leveraging the complimentary capabilities of each other. This tie-up will help interaction between student and industry experts.”

This collaboration will establish a framework for both XLRI and ICFL to attain and strengthen their shared objectives through the design, creation, distribution and delivery of programs in the domain of finance.

While, XLRI brings its expertise through curriculum design, quality of faculty, content development  and delivery, ICFL will bring a practitioner’s perspective by introducing programs based on the industry requirements, participation in content design, delivery by practising professionals and reaching out to learners with the proposition.

“ICICI Securities has always been at the forefront of simplifying finance whether it is at individual level or at corporate level. Young working professionals need simple modes of learning finance that help them save their time as well expense while pursuing their career.  We are excited to associate with XLRI, a reputed institute through a unique knowledge based industry-academia partnership. We are looking forward to a successful partnership which will help several young Indians take up finance as a career option,” said Vineet Arora, EVP- Product and Distribution, ICICI Securities.

XLRI Professors will deliver the course from a studio at the XLRI Campus in Jamshedpur using a Virtual Interactive Learning environment.  ICFL Authorized Learning centres will enable the delivery of the programs. Since the programs are online, professionals will benefit from flexibility to study while pursuing their career. Besides the cost benefit is as an added advantage since participants will save on travel and residential costs.

The two programs to be offered under this collaboration are:

1. eMDP: These include Management Development Programs (MDP) focused at skill development of working professionals. Some of the topics covered under this program are Financial Analysis Techniques and Equity Research, Finance for Business Managers, Financial Instruments, Markets and Investment Choices, Data Analysis and Financial Modelling using Excel. The program fees will be Rs 25,000 –Rs100,000 per participant

2. LDP (Long Duration Programs): programs of duration ranging from six months to one year in finance /related area. The fees for LDP will be in the range of Rs 150,000-Rs300,000 per participant

These programs could be seen as events for continuous These programs could be seen as events for continuous learning and knowledge enhancement by mid to senior level working professionals. A longer duration program would be relevant for those seeking a deeper engagement in the specialized functional skills.

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