Invite Your Colleague and Save INR 64,723 (Inclusive of GST)
STARTS ON TBD Live Online and In-class Sessions
DURATION 9 Months Live Online Sessions 3 Hours Every Sunday 3:30 PM to 6:30 PM
ELIGIBILITY Graduates with minimum 10 years of work experience and minimum 50% in Graduation/ Post Graduation as on TBD
STARTS ON TBD Live Online and In-class Sessions
DURATION 9 Months Live Online Sessions 3 Hours Every Sunday 3:30 PM to 6:30 PM

Programme Overview

IIM Calcutta's Chief Financial Officer Programme gears aspiring and evolving CFOs and financial leaders to balance traditional responsibilities with modern mandates to lead substantive change for their companies. The transformative programme, led by eminent faculty and industry leaders, features high-level imperatives like strategy and new-age areas like design thinking and digital transformation, in addition to CFO essentials.



As part of the programme, you will also get access to Emeritus Career Services, which empowers you to manage your career proactively.

Emeritus Career Services

Career Services image
Career Services image
  • Three 90-minute workshops from career management industry experts
  • Job placement assistance from partner companies are published, applied to, and tracked to success via an online platform (offered in partnership with Superset)
  • Past participants of Emeritus work at Microsoft, ICICI Bank, Infosys, HDFC, AirBnB, TCS, Ola, Flipkart, JSW, Wipro, Honeywell, JP Morgan, Reliance Jio, Mahindra, Gartner, Accenture, Cognizant, amongst others

Please note:

  • This service is available only for Indian residents enrolled into select Emeritus programmes.
  • IIM Calcutta or Emeritus do NOT promise or guarantee a job or progression in your current job. Career Services is only offered as a service that empowers you to manage your career proactively. The Career Services mentioned here are offered by Emeritus. IIM Calcutta is NOT involved in any way and makes no commitments regarding the Career Services mentioned here.
  • 43%

    Only 43% of CFOs have used advanced financial modelling in the past two years to identify future risks and opportunities.

    Source: Accenture, 2021
  • 63%

    63% of CFOs believe that they are best positioned in the race toward using data and analytics to drive higher returns on investment.

    Source: Data Semantics, 2021
  • 81%

    81% of survey respondents envisage CFOs involved in strategy over the next three years.

    Source: Ernst & Young, 2020

Programme Highlights

Learn from IIM Calcutta, ranked 3rd in
NIRF, 2021

Five-day in-class sessions* at the IIM Calcutta campus

Hands-on learning with simulations & exercises

Interact with peers and expand your professional network

Explore real-world, actionable insights & best practices

Be eligible for the IIM Calcutta Executive Education Alumni Status

*Subject to prevailing COVID-19 conditions and applicable Central and State Government restrictions.

Who is this Programme for?

This skill-driven programme is best suited for senior-level finance professionals who want to shoulder decision-making and financial leadership roles with complete knowledge of business strategies and industry best practices.

This programme is carefully created for:

  • New and evolving CFOs who work with leadership teams to provide direction on how new and existing financial strategies can lead to competitive advantage and augment business value
  • Senior-level professionals who aspire to take charge of the CFO role and other financial leadership roles in the future
  • Business heads, CXOs, and financial leaders who are at the forefront of financial decision-making in their organisations

Learning Outcomes

  • Taking charge of financial decisions with value-creating strategies
  • Grounding operations in robust financial criteria and new business models
  • Leading firms through growth and globalisation by tackling issues and building alliances
  • Transforming digital finance to gain insight, boost productivity, and spot trends
  • Maximising value by knowing and influencing key business drivers
  • Mitigating risk by skillfully navigating capital markets

IIM Calcutta Executive Education Alumni Status

Upon successful completion of the programme, participants will be eligible for the prestigious IIM Calcutta Executive Education Alumni Status.

Programme Modules

  • Economy and Financial Markets
    • Financial ecosystem and linkage between the real sector and financial sector
    • Role of banks in economic development
    • Bond and equity market
    • Currencies and commodity markets
  • Portfolio Management - Real and Financial Assets
    • Concept of risk and return
    • Portfolio construction and evaluation
    • Mutual funds and portfolio risks
    • Managing a portfolio of real assets
  • Value Creation and Corporate Strategy
    • Strategies for leading multi-business enterprises
    • Measuring shareholder value-different models
    • Value-creating strategies in diversification
    • Corporate parenting and controls
  • Data-driven Decision-making
    • Decision-making with incomplete information
    • Investment decisions
    • Financial analytics
    • Text-based analytics
  • Corporate Governance
    • Quality of financial reporting and cost of capital
    • CFO's role in Board and Audit Committees
    • CFO and the investors
    • Importance of ESG parameters
  • CFO as a Strategic Leader
    • Understanding industry attractiveness and sources of profitability
    • Competitive strategy and unique competitive positions
    • Strategies in high-velocity environments
  • Design Thinking
    • Practical and creative problem-solving
    • Designing unique collaborative arrangements
  • Digital Transformation
    • Digital strategies and conventional behemoths
    • Business model innovation
    • The economics of intermediation and platforms
    • Implications of artificial intelligence and machine learning in decision-making

Note: Modules/ topics are indicative only, and the suggested time and sequence may be dropped/ modified/ adapted to fit the total programme hours. E-study material will be provided.

Programme Directors


Professor, Finance and Control

Prof. Ashok Banerjee joined the Indian Institute of Management, Calcutta, as a Professor (Finance and Control) in August 2004. Before joining IIM Calcutta, he was a professor at IIM Lucknow. He was the Dean (New Initiatives and External Relations) of IIM Calcutta during 2012-2015. He is a Postgraduate in Commerce from the University of Calcutta, a qualified Chartered Accountant and holds a PhD. Prof. Banerjee, during...

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Assistant Professor, Strategic Management

Professor Kaushik Roy is a member of the strategic management group of IIM Calcutta. He teaches Strategic Management, Strategies in High-velocity Environments, and Coopetition in the flagship MBA programme, Strategy Content Research in the doctoral programme, and Vision to Execution in the PGPEX-VLM (amongst others). He has anchored training programmes for some of India's largest public- and private-sector enterprises. His research...

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Programme Certificate

Participants will be awarded a Certificate of Completion from IIM Calcutta on successfully completing all evaluation components with minimum pass grades in the respective evaluation components and having a minimum attendance of 66%. The evaluation methodology is at the faculty's discretion and includes written tests, online exams, assignments and any other components as decided by the faculty.

Sample Certificate
Sample Certificate

Note: All certificate images are for illustrative purposes only and may be subject to change at the discretion of IIM Calcutta.

Past Participant Profiles

Work Experience
Past Participant Experience
Top Industries
  • Banking and Finance
  • Consulting
  • Healthcare
  • IT Services
  • Manufacturing
  • Others*

*Others include E-commerce, FMCG, Retail, and Telecommunications, amongst others.

Top Functions
  • Accounting & Finance
  • Consulting
  • General Management
  • Operations
  • Technology Management
  • Others*

*Others include Marketing/ Sales, Renewable Energy, and Operations, amongst others.

Top Companies
  • Bank of America
  • DBS Bank
  • HSBC
  • JM Financial Ltd.
  • Sequoia Capital
  • TCS

Early applications encouraged. Limited seats are available.

View Payment Plan
Loan offered at EMI of INR 22,733
Special Corporate Enrolment Pricing

Round 1: The first application deadline is
TBD and the fee to apply is
INR 2,500 + GST

Round 2: The second application deadline is
TBD and the fee to apply is
INR 3,500 + GST

Round 3: The third application deadline is
TBD and the fee to apply is
INR 4,500 + GST

Round 4: The fourth application deadline is
TBD and the fee to apply is
INR 4,500 + GST

In collaboration with Emeritus

Erulearning Solutions Private Limited (a company incorporated in India) is a subsidiary of Eruditus Learning Solutions Pte Ltd (a company incorporated in Singapore), and operates under the brand name of 'Eruditus' and 'Emeritus'.