Chennai:
Indian Institute of Bankers (IIB) has launched a
new course, diploma in bank financial management, in collaboration
with Institute of Canadian Bankers (ICB), Montreal, Canada.
In
this course, the participants will learn how to manage
the many tradeoffs involved in running a bank, such as
derivative products. A key part of the course is the exercise
in managing a virtual bank.
Using
a simulation model called Bankmod, the students
will be given exercises in decision making they
would be asked to take credit and investment decisions
based on a mock balance sheet of a customer, under a given
set of regulations. They could then be required to reappraise
the proposal, under changed regulations.
IIB
president V Leeladhar says the diploma is a blend
of theoretical and practical training to sharpen the operational
skills of professionals. IIB has also put in place
a scheme of web-based education for candidates for the
diploma to clarify any doubts.
ICB
provides the software and the courseware for the diploma,
which has been customised to suit the Indian banking system.
The tie-up with the Canadians is one of the many collaborations
IIB has with overseas bodies. Recently, IIB also tied
up with Securities Institute of Australia for offering
a MS level programme on financial advising.
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