Executive MBA for Banking and Financial Services (EMBA-BFS) - developing future leaders of banks & FSIs INTRODUCTION The Institute of Business Administration (IBA) Karachi, true to its spirit of pioneering excellence in education, offered a unique program – Executive MBA Banking and Financial Services (EMBA-BFS) – in July 2009. The first batch inducted in the program is now receiving high quality learning at the newly- developed Centre for Banking & Financial Services. Based on the market feedback, we are now offering this program with added value and convenience. This program has been designed for mid-career executives and managers of the Banks, Financial Services Industry (FSI) and relevant services. It aims at providing the participants exposure to modern banking concepts and techniques, equipping them with the knowledge, expertise and understanding to handle the emerging challenges. SALIENT FEATURES • Fast Track Two-year program spread over six trimesters of four months each will consist of 18 courses and two term reports / research projects, evenly distributed throughout the period. • Comprehensive Developed in consultation with leading professionals and industry experts, this program covers key areas of Business Administration, Banking and a select range of financial services. • Pedagogical Tools A combination of intellectual discourses by the subject experts, case studies, syndication, business simulation and other knowledge sharing modes. • Faculty and Guest Speakers Top level faculty drawn from the IBA, FSIs and business world will steer the program with high quality input and constant quality checks. Prominent and successful leaders of banking and financial industry would be invited to share their experiences with the participants. Effective use of Video Conferencing will facilitate access to international speakers. • Convenience Classes will be conducted in evening at the Centre for Banking & Financial Services, City Campus. LEARNING CLUSTERS EMBA-BFS has a unique blend of the following three learning clusters: 1. Fundamental Business Theory and Skills To create a solid technocracy and theoretical background, nine courses covering seven key disciplines of business administration have been introduced, which will culminate into the leadership and business strategy courses. 2. Hard Core Banking and Financial Services Moving forward, five crucial elements, equally applicable to banks and financial services are offered. These courses will provide the desired knowledge base for the participant’s entry into specialization areas. 3. Specialization Options After acquiring business administration and common education in banking and financial services, the participants will be given the option to choose their specialization field. Initially the following seven fields have been offered for specialization: • Commercial Banking • Islamic Finance • Insurance • Asset Management • Capital Market • Micro Finance • SMEs Financing LIST OF COURSES Trimester 1. Managerial Communication 1st 2. Quantitative Methods for Decision-making 3. Business Economics 4. Financial & Managerial Accounting 2nd 5. Legal & Regulatory Environment of Business 6. Marketing Management 7. Managerial Finance 3rd 8. Leadership in Organization 9. Business Strategy 10. Financial System, Process, Players, Status 4th 11. Financial Intermediation: Process & Products 12. Customer Relationship Management 13. Risk Management, Dynamics, Dimension & Mitigates 5th 14. Strategic Financial Management of Banks 15. Elective 16. Elective 6th 17. Elective 18. Elective COURSE PLAN Two years 72 credit hours Format Trimester No. of courses 18 Class duration 03 hours No. of classes per week 03 Total class duration per week 09 hours No. of sessions per course 12 No. of hours per subject 36 hours CLASSES SCHEDULE Tuesday, Wednesday & Thursday 6.00 p.m. ~ 9.00 p.m. GROUP SIZE Thirty (30) professionals from Banks, FSIs and relevant services TESTING METHODOLOGY • Surprise Quizzes 10% • Mid-term Examination 30% • Final Examination 50% • Group Work, Syndication 10% COURSE FEE Rs. 600,000 per student (payable in six equal installments) PARTICIPANTS’ ELIGIBILITY • In-service professionals of banks, FSIs and related services having 16 years education with three years relevant experience OR 14 years education with six years relevant experience. The later will be required to clear four additional courses. • Satisfactory performance in the IBA admission test and interview. DATES TO REMEMBER Program Announcement November 29, 2009 Registration Closes December 17, 2009 Admission Test December 20, 2009 Program Commences January 18, 2010 GUIDELINES FOR APPLICANTS 1. To apply please visit the IBA website. Follow the online application process and obtain System Generated Application Number (online form submission facility is also available at the City Campus). 2. Applicants must deposit application processing fee of Rs. 2,500 (non-refundable and non-transferable) in cash at any branch of Faysal Bank. Admit Cards can be collected from the IBA City Campus, Garden/Kiyani Shaheed Road from 4:00 p.m. to 9:00 p.m. on any working day from December 14~18, 2009 by submitting the following: • System Generated Application Number • Two recent passport-size color photographs • Application processing fee deposit slip duly signed by a bank officer IBA Main Campus, University Road, Karachi. UAN: (021) 111-422-422 Tel: (021) 99261510 (8 lines) Fax (021) 99261508 Direct Telephone #: 99261802 Through 111-422-422 Extension 224, 283 Email: msumer@iba.edu.pk, bgaya@iba.edu.pk Website: www.iba.edu.pk It’s time for action!