Project financing has become one of the core activities of banks in the recent years. With the growth in the economy and the revival in the industrial sector coupled with the increasing role of private players in the field of infrastructure, more and more banks are entering into the project finance area. This examination is specially designed, in collaboration with the Institute for Financial Management and Research (IFMR), Chennai, to familiarize candidates with basic issues arising in financing projects, as well as risk analysis and risk mitigation methodologies with a specific emphasis on structured financing.
The candidates would also be taken through the process of building financial models for projects handled by them. The programme includes e-learning, campus training, project work, on-line testing and certification at the end.
The course is aimed at equipping bankers with advanced skills in the field of project appraisal, financing, etc.. The programme intends to provide practical knowledge in project appraisal and lending, to help the candidate in developing competence and overall expertise in project finance.
Banking & Finance professionals, officials working in banks/financial institutions/NBFCs who are involved in appraising large & medium projects, both industrial and infrastuctural.
- Graduates of a University
- Members/Non-Members of IIBF
The programme will use a number of Indian case studies to illustrate the concepts discussed. This will be a case study based interactive programme.
From IFMR, financial institutions, banks and industry
The program is delivered through the following mix :
- course materials/suggested readings
- e-learning support
- campus training at IFMR, Chennai, for a period of five days prior to which the candidates are required to undergo e-learning for 8 weeks.
||Characteristics of Project Finance
||Technology selection, assessment of technical collaborator
||Market Analysis: International competitiveness and SWOT analysis
||Assessing the project cost
||Means of financing projects
||Estimation of project cash flows
||Use of free and equity cash flow valuation for assessing projects
||Financial Analysis: Break-even point analysis, decision tree, scenario analysis and sensitivity analysis
||Common risks in projects
||Risk mitigation methodologies in projects
||Securitisation as a tool for risk mitigation
||Network techniques for project implementation
||Disbursement, supervision and follow up of project by lender
||Monitoring and follow-up of the project
The course fees per participant is as under
IIBF Member : Rs. 13,000/-
Non-Member : Rs. 15,000/-
The Course Fees include -
- 5 days campus programme (boarding and accommodation on twin-sharing basis)
- 8-week e-learning courseware prior to campus training at IFMR, Chennai
- A study book
- examination fee for the first attempt - in case a candidate is not able to pass in the first attempt, for every additional attempt the candidate will be charged Rs.2,500/-
Note : Applicants are requested to kindly confirm their seats with the Co-ordinator at IIBF, Mumbai prior to submission of the application form and fees.
The duly filled in application (2 photographs affixed) alongwith requisite Fees by Pay Order (PO) / Demand Draft (DD) favouring "Indian Institute of Banking & Finance" payable at Mumbai, should be sent to the Co-ordinator of the Course at IIBF, Mumbai ONLY, at the address given below.
Question Paper will contain 90 to 120 multiple choice/objective type question for 100 marks based on both e-learning material and campus training inputs. The examination will be conducted on-line.
The candidate has to secure 50% or more marks to pass.
Examination will be for 2 hours duration.
Examination will be conducted in English medium only.
Examination/s will be conducted on the last day of respective one-week campus training programme as under:
Internal Assessment - 40 marks - conducted by IFMR at IFMR campus, Chennai - Morning Session
External Assessment - 60 marks - conducted by IIBF at Sify Centre/s, Chennai - Afternoon Session
Candidates passing the on-line examination will be allotted project work relating to their field of operation and an expert approved by the Institute would evaluate the same. The project work is required to be completed within a period of 6 months from the date of allocation of project work. (This period could be further extended by a maximum of 6 months depending upon the merit of the case). Marks will be allotted out of 100 marks and candidates getting 50% and above would be eligible for the 'Certificate in Project Finance'.
Successful candidates would be awarded a "IIBF-IFMR Certificate in Project Finance".
- PROJECTS (Planning, Analysis, Financing, Implementation and Review) by Prasanna Chandra (6th Edition) - Tata McGraw Hill.
- Project Management - The Managerial Process, by Clifford Gray and Erick Larson 3rd edition, 2005- Indian adapted edition, TMH India Publication.
Indian Institute of Banking & Finance (formerly The Indian Institute of Bankers) was established in 1928. With more than 750 Institutional members and over 2.5 lac individual members, it is the largest Institute of its kind in the world and is working with a mission "to develop professionally qualified and competent bankers and finance professionals primarily through a process of education, training, examination consultancy/counselling and continuing professional development programmes".
The Institute has almost all the banks and financial institutions - public sector, private sector, foreign, co-operative, regional rural banks as members, in addition to IT companies and individuals working in the banking and finance sector. The Institute is managed by a Governing Council consisting of Chairmen of different banks and eminent academicians and offers a number of professional courses in banking and finance.
The flagship programmes of the Institute are JAIIB and CAIIB examinations. Other specialist courses are :
- Diploma in Treasury, Investment and Risk Management (offered jointly with FIMMDA),
- Diploma in Banking Technology,
- Diploma in International Banking & Finance
- Post Graduate Diploma in Financial Advising
The Institute has tied up with Indira Gandhi National Open University (IGNOU) for offering an exclusive MBA in Banking and Finance to its members who have completed the CAIIB examination.
Recently, the Institute has started offering its examination to bankers in Sri Lanka also. The Institute has also been attempting to foster continuing professional development by organizing lectures, seminars for dissemination of knowledge.
Established in 1970 as a non-profit organization, IFMR was sponsored by ICICI Ltd, (the erstwhile Development Finance Institute now merged with ICICI Bank) and other major industrial groups. Recognized as a Social Science Research Institute by the Department of Scientific and Industrial Research, Government of India, IFMR is approved as an institution of national importance by the Ministry of Finance.
The Centre for Advanced Financial Studies has been established at IFMR with support from ICICI Bank to conduct and facilitate cutting edge research in financial markets, financial instruments, and financial institutions, with an emphasis on Indian and emerging markets. The Centre For Micro Finance Research, an initiative of ICICI Bank and IFMR, aims to catalyze and support empirical research evaluating the impact of access to financial services.
IFMR has recently entered into a collaboration with the Financial Service Volunteer Corps (FSVC), a US based private-public sector partnership specialising in emerging market financial sector technical assistance and training activities, for a series of technical workshops and training programs for both public and private sector banks. The focus will be on using leading volunteer practitioners to bring international best practices to a variety of current banking topics. There will be particular focus on assisting banks to foster increased financial assistance to small and medium enterprises (SMEs) within India.
IFMR is offering, among others, the following specialized and customized programmes:
- Post-Graduate Programme in Advanced Finance
- Post-Graduate Diploma in Management
- Post-Graduate Diploma Programme in Business Management
- Post-Graduate Certificate in Business Management
In addition, the Institute also offers a Ph. D. Programme under the aegis of the University of Madras.
INSTITUTE FOR FINANCIAL MANAGEMENT AND RESEARCH (IFMR),
24, Kothari Road,
Chennai - 600 034,
Website : www.ifmr.ac.in
Phone: +91 44 28273801
Fax: +91 44 28279208
Contact person details :
Course Co-ordinator, IIBF,
Phone : (022) 2215 5092
Email : firstname.lastname@example.org
'Application Form' duly completed alongwith the requisite Course Fees be sent to the Course Co-ordinator, IIBF, as under :
The Course Co-ordinator (Project Finance),
Indian Institute of Banking & Finance,
The Arcade, 2nd floor,
World Trade Centre,
MUMBAI - 400 005