Professional Documents
Culture Documents
Economic liberalization and decontrol have transformed the economic landscape of India. Globalization of
the economy is at the forefront of the reforms agenda of the Government. The impact of the reforms
process was most pronounced on the investment banking industry. The entry of foreign investment banks
like Morgan Stanley, Merrill Lynch, Goldman Sachs, Jardine Flemming, etc. has brought about the much
needed professionalization in this crucial sector. The abolition of controls enabled the investment bankers
to offer customized financial engineering solutions suited to their clients' requirements. Apart from tapping
domestic markets, corporates are increasingly accessing the global markets. This has widened the
business avenues of the investment bankers by providing newer services like loan syndication, advisory
services and managing mandates for offerings of American Depository Receipts (ADRs), Global
Deository Receipts (GDRs), etc. Placement of shares/bonds with Foreign Institutional Investors (FIIs) has
also emerged as a lucrative business opportunity.
The CIB Program offered by SCIB is specifically designed and developed for the benefit of postgraduate
students and professionals/working executives engaged or interested in the area of investment banking
and corporate finance.
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Objectives
To develop a new body of knowledge and make it available for those seeking challenging
careers in the new era of liberalization and globalization;
To introduce participants to the financial system and capital markets both in India and
abroad;
To impart a strong conceptual foundation in investment banking;
To give adequate exposure to emerging areas like securitization, financial engineering,
infrastructure financing, etc;
To prepare individuals capable of providing leadership to investment banking
organizations operating in globalized environment.
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The Core body of knowledge : Specialized fields and skills which are essential to
business and its orderly functioning.
The evolving concepts, techniques and strategies : Debated and tested by
researchers and practitioners but not yet understood well enough to be included in the
core areas.
The frontiers : The newest ideas, speculative and often controversial, but offering the
promise of practical insights into the process of analysis, and decision-making.
Ideas enter the realm of knowledge at the frontiers and gradually as they are tested and refined, move
towards the core body of knowledge.
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For Whom
Keeping in mind the avenues open to candidates who take up the CIB Program, this course would be
useful for:
Finance and Accounting Professionals like CFAs, CAs, CWAs, CSs, MBAs who seek
careers in investment banking.
Professionals employed in the merchant banking departments of banks and financial
institutions.
Professionals working in the corporate finance/treasury departments of corporates/banks.
Entrepreneurs and managers engaged in financial services and securities markets.
Candidates pursuing professional courses like CFA, CA, CWA, CS, CAIIB, TFM, etc.
Candidates pursuing full-time postgraduate programs in commerce, economics,
mathematics, statistics and management.
Other individuals associated with financial markets.
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Skills to Succeed
The surge of activity in investment banking requires constant monitoring and managing. To succeed in
these areas, candidates should possess the following skills:
Analytical dexterity
Negotiation and interpersonal skills
Ability to withstand pressure
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Eligibility
The following categories of applicants are eligible for admission into the CIB Program:
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Duration
The enrollment of a candidate in the CIB Program is valid for three years from the date of enrollment.
Candidates who are unable to complete the program within the three-year validity period, but, keen on
continuing in the program, are required to register de novo.
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Program Structure
The CIB Program covers all the important topics related to investment banking. The broad areas in which
the body of knowledge is developed and the candidates will be examined, are divided into Three Groups
consisting of Two Parts each.
The structure of the CIB Program and details of marks and time allotted for each Part is given below: