Government of National Capital Territory of Delhi DIRECTORATE OF TRAINING ( UNION TERRIORIES CIVIL SERVICES)

Institutional Area Vishas Nagar, Behind Karkardooma Courts Shahdara Delhi-11 0032

Ph. 22308553 ; Fax 22308556, E-mail dutcs@nic.in

No.F.1/1 0/3/15-UTCS/Admn./ Dated:-

To

The Special Secretary (Services) Services Department, Government of NCT of Delhi, Delhi Secretariat, I.P. Estate, New Delhi-11 0002

Sub:- Management Development Programme on 'Finance for Non-Finance Executives

Sir,

I am directed to enclose references (in original) along with their enclosures on the subject cited abo\'e as per details given below:

Sl. Reference No. and date Subject Last date of No. Nomi-

nation 1. 8-33012/1/2013/FNF(KPK)/1348 Management Development

d&ted 24. 04 2015 . Programme on Finance for Non- -·--·--National Institute of Financial Finance Executives Management

It is requested to take necessary action as regards to circulation and further nomination of Government Officers in the above-mentioned training programmes.

A ::;opy of the nominations may also be sent to this office for the purpose of record.

Encls. : As above.

No.F.1/10/3/15-UTCS/Admn./ -=to 9 J

/

You7ully, (CATHERINE MATHAI)

ASSISTANT DIRECTOR (ADMN.) 22303843

Dated: 0 J-o 1-- )5

Copy forwarded to the Asstt. Director- V, Directorate of Training, UTCS for uploading the letter along with enclosures on the website of the Department.

Cw (CATHERINpi HAil

ASSISTANT DIRECTO~~~~ 22303843

NATIONAL INSTITUTE OF FINANCIAL MANAGEMENT

K.P.Kaushik Professor (Finance and Accounts)

B-33012/1 /2013/FNF(KPK)/ 13'1 ~

To The Director UTCS, V shwas Nagar Sahadra Delhi

(M1mstry of Finance. Govt of .ndia) Tel: (0) 0129-2418865, (R) 0129-2418896

Mobile: 9312360874 Fax:Ol29-2418867

E-mail: kpkaushik@nifm.ac.in

Date:- 24/04 / 2015

Sub:- Management Development Programme on ' Finance for Non-Finance Executives'.

Dear Sir/Madam

The National Institute of Financial Management, Faridabad, is an autonomous Institute of Mmistry of Finance, Government of India and operates as a Centre of Excellence in the field of Education, Traimng, Consultancy and Research in Financial Management. The Finance Minister is the President of the Institute.

The era of economic liberalization, globalization and privatization have necessitated familiarity with the pnnc1ples of financial management for all managers and executives irrespective of the function they perform. Opt1mum allocation of resources, choice of funding and expenditure control are now recognized as 1ssues that are cf interest not JUSt to the finance specialists, but to all executives at different levels. in view of this, we are glad to 1nform you that, the Institute will be conducting a three-day Management Development Programme on ' Finance for Non-Finance Executives' at 1ts campus every month. The dates of the -.c;oro;:: are listed ;n the nnr.cxed brochure

The programme has been designed to introduce various tools and techniques of accounting, budgeting and financial management. This will result in a formal understanding of the subject that m turn will help the participating executives to take rational decisions. Th~ participants will also be given exposure to the applications of information technology in the areas of the accounting and finance.

The programme is designed to meet the needs of middle and senior level officers from Central and State Governments, PSUs of Central and State Governments, Autonomous Institutions and Private Sector Organizations managing a functional area other than finance. Finance officers will also find the programme equally useful.

The obJectives of the programme along with the fee and detailed course contents are annexed with a request to nominate officers from your esteem organization. The last date for receiving the nominations is a week before the commencement of the programme. If you need any other information, you may kindly contact the undersigned.

Early re-sponse will be highly appreciated .

..,,..~M\ . v ~ I

rtf'- ~/ ~' \\ Encl: As above ~v'

~· (K.P .KAUSHIK)

7 f ')

/

THREE DAY

fCh .t. '0 Nalional ~:~=~f Financial Management

MANAGEMENT DEVELOPMENT PROGRAMME ON

'FIN~CE FOR NON-FINANCE EXECUTIVES' On 3rd Wednesday of every month.

• AboutNIFM The National Institute of Financial Management (NIFM) is a Centre of Excellence specializing in capacity building of professionals in the fields of Public Policy, Financial Management and other governance related issues for promoting highest standards of professional competence and practice. NIFM is a premier resource center for the capacity building of senior, middle and entry level managers in Government of India. NlFM also caters to the training needs of State Governments, Defence establishments, Banks, Autonomous Bodies, Local Governments, Public Sector Undertakings and other Financial Institutions. Training Programmes are customized and executed for the officials of other countries as well. NIFM plays a pivotal role in governance and administrative reforms by providing a p!atfcrm for intera~tic:1 and c;.;d;;:. .. ;;: of ir!Pc.;; & ~xptrit:mces among officers fron1 diffec~nt organi.:eu services ot Central and State governments including personnel of civil and defence establishments. Apart from capacity building, NIFM is also engaged in serious research studies in the areas of accounting, audit, financial management, parliamentary financial control and other issues related to public policy and delivery systems. The outcomes of such research studies are published and disseminated through Research Papers, journals and Books. NIFM has a sprawling lush green campus of 42 acres situated in the National Capital Region. It is having a unique architectural design with state-of-art training halls, computer labs, hostels, indoor and outdoor sports complex and library.

• About this Programme With the adver.t of economic liberalization, deregulation and consequent

globalization, finance related inputs have become more critical to

management decisions. A modern day executive operating in a highly

competitive en\'ironment and aspiring to assume a more effective role in

decision making process would, therefore, do well to possess sufficient insight

into the intricacies of financial issues. A proactive role in decision-making

requires each functional manager to equip himself with a working knowledge

of finance and various related concepts so that he can objectively, and in a

professional manner, evaluate alternative courses of action. The basic aim of

this course is to promote this ability.

The compe1111ve busmess environment is

becomrng complex day by day The

surv1va/ and success of every Business

Enrerpnse depends on the quality and

t1mrng of decisions it takes The basic

hurdle in growth for every executive IS

the1r rnability 10 evaluate the financial

impacrs o( 1heir str:::::.ri.!< a lid dl'• i•i .. .,,

Tiu< progra,. ~<:~• b~ ... ~ tfl'!:gne!l "'"" 1~0

basic objeclive of providing financial

rnpurs 10 the non-finance execuuves so as

to enrrch 1he1r dec1s1on malang abrl111es in

1oday 's complex bus mess env1ronmen1.

Programme Objectives The objectives of the programme are:

• to develop the .mderstanding of financial statements for better appraisal of an organisation's performance;

to appraise participants about the baste concepts of financial management such as time value of money, risk return trade

off etc;

to impart kno'A- ledge on major financial decisions such as investment decision, financing decision, etc; and

• to introduce co::1temporary issues in finance and also the use of information technology in modern finance and accounting.

Pedagogy and Faculty The pedagogy of the course is a mix of lectures, case studies and hands on exercise, also an opportunity will be provided to the

participants to sh<.re their experience. The faculty comprises of NIFM faculty members and leading experts from the relevant

fields.

For Whom, Venue and Duration The programme is designed to meet the needs of middle and senior level officers from Central and State Governments, PSUs of

~..entral ~nJ Stc.,._ .overnmentl>, Autonomous ;,,_,,;L ... ....... , ..... ..: 1. : ..... ~ S..:ctor Organiza.ions mJrtaging <1 ~~nctionalarea otitt.

than finance. Finance officers will also find the course equally useful. The venue of the programme shall be National Institute of

Financial Manage-nent (NIFM), Faridabad. It will be a three day residential programme commencing on 3rd Wednesday of

every month except for October. 2015 when it would be conducted from the 2nd Wednesday.

Programme Contents Introduction to Financial Accounting

Principles of Financial Decision Making

J · Financial Statements and Analysis of Financial Statements

• Accounting Standards: Indian and International

• Time Value of Money

• CostofCapital

• Capital Structure and Leverage Analysis

• Mobilization of Resources: New Instruments

• Risk and Retur'l

• Investment Decision (Capital Budgeting)

• Management ofWorking Capital

• Financial Services and Capital Markets

• Overview of International Finance

• Understanding Personal Taxation

• Information Technology and Financial Management

• Recent Developments in Financial Management

• Financial Engineering, Derivatives etc

Course Fee The fee for the Prc•gramme is Rs. 20,000/- (Plus service tax at 14 per cent). It includes Tuition Fee, Course Material, Boarding,

and Lodging. it does not include to and fro journey to NIFM and per diem. Accommodation to the participants will be provided 1 in the Hostel ofth£· Institute. Duly completed nomination form(s) along with Demand Draft drawn in favour of'Accounts Officer, I

NIFM', payable at 'Faridabad' may be sent to K. P. Kaushik, Professor (Finance &Accounts) and Course Director, NIFM, Sector-

I 48, Pali Road, Faridabad-121001, Haryana.

SCHEDULE OF TRAINING DURING 2015- 16

Month Week Duration Month Week Duration

May Week3 20th- 22nd May, 2015 November Week3 18th- 20th November, 2015

June Week3 17th - 19th June, 2015 December Week3 16th - 18th December, 2015

July Week3 15th- 17th July, 2015 January Week3 20th- 22nd January, 2016

August Week3 19th- 21st August, 2015 February Week3 17th- 19th February, 2016

September Week3 16th- 18th September, 2015 March Week3 16th - 18th March, 2016

October Week2 14th- 16th October, 2015 Week3 20th- 22nd April, 2016

BANK DETAILS FOR PAYMENT OF COURSE FEE

FOR INDIAN PARTICIPANTS (For the PSUs, State Governments etc.)

Name of the Account Holder National Institute of Financial Management Beneficiary Address Sector - 48, Pali Road, Faridabad - 121001

Haryana Phone Number 0129-2465234 PAN No. AAAAN2489D Service Tax No. AAAAN2489D STOOl N arne of the Bank HDFC Bank Address of the Bank M-29 GK 2, M Block Market, New Delhi Saving Account No. 50100083121045 RTGS (IFSC) Code HDFC0000557

FOR FOREIGN PARTICIPANTS

Name of the Account Holder National Institute of Financial Management Beneficiary Address Sector - 48, Pali Road, Faridabad- 121001

- 1 Hary:m::~ - 1

Phone Numbe.£ - 01:29-2465234 PAN No. AAAAN2489D Service Tax No. AAAAN2489D STOOl

Name of the Bank HDFC Bank Address of the Bank M-29 GK 2, M Block Market, New Delhi Saving Account No. 50100083121045 RTGS (IFSC) Code HDFC0000557 Swift Code HDFCINBBDEL

NOMINATION FORM [India]

Management Development Programme on 'FINANCE FOR NON-FINANCE EXECUTIVE'

Nmne ________________________________________________ __

Male Female

~m~tion ______________________________________________ _

Orgmti~tion ____________________________________________ ___

Address for communication ---------------------------------------

--------------------- City ___________ Pin. ___________ _

Phone (0) ___ _ __ (R) ____ _ (M) ----------------

Rm~ ---------------------F~----------

Choice of Month in which you propose to attend the course

First Preference

Second Preference

Si~ture of the Candidate

_______ TO BE Fll..LED IN BY THE SPONSOR. ___________ _

Nmne of the sponsor _______ __ Designation. ________ _

Address for communication-----------------------------------

__________ Oty ___ _ _ ___ Pin ____________ _

Phone ____________ Telex. ______ Fax,__ ____ Email. ____ _

Date:

Si~ture of the Sponsor with stamp of the organisation

Please return the completed form to:

K.P .Kaushik, Professor NATIONAL INSTITIITE OF FINANCIAL MANAGEMENT

Sector-48, Pali Road, Faridabad - 121 001. Haryana. Telephone: 0129-2418865,0 9312360874 Fax: 0129-2418867, 2418879

Email: kpkaushik@nifm.ac.in

.- -

Head of the Institute

Shri Harsh Kumar Tel. No.:+ 91129 2418870 Fax: No. : + 91129 2418867 Email : director@nlfm.ac.in

Courae Director

K P Kaushik Tel. No.:+ 91129 2418865 Fax: No.:+ 91129 2418867 Mob No.: +91 9312~60874 Email :kpkaushlk@nifm.ac.in

+91·129-2465444 (Phone) +91·129·2418867 (Fax)

National Institute of Financial Management An autonomous institution of Ministry of Finance,

Government of India

Sector-48 , PaliRoad, Near Badkhal Lake National Capital Region

Farldabad, lndla-121 001 www.nlfm.ac.ln