The Certificate Programme in Applied Financial Risk Management from IIM Indore offers comprehensive training in risk identification, analysis, and management. This 11-month program combines theoretical foundations with practical tools like R and Python.
4.7
Instructors:
English
Course Start Date:
Starting Soon
Application Deadline:
To be announced
Duration:
11 Months
₹ 2,83,200
Overview
The Certificate Programme in Applied Financial Risk Management offers comprehensive training in financial risk analysis and management. The program combines theoretical knowledge with practical applications through hands-on tools and case studies.
Why MSc (Master of Science)?
This program distinguishes itself through its focus on practical applications and advanced analytics tools. Students benefit from hands-on experience with R and Python, real business cases, and IIM Indore alumni status.
What does this course have to offer?
Key Highlights
Live online lectures
Case discussions
Project work
Term papers
Assignments
3-day campus immersion
Domain expert faculty
Who is this programme for?
Early career finance executives
Corporate finance professionals
Risk management specialists
Financial analysts
Graduates in finance
Banking professionals
Minimum Eligibility
Diploma/Bachelor's/Master's Degree with 50% marks
Minimum 2 years work experience
Degree from recognized university
Who is the programme for?
The program features continuous assessment through quizzes, assignments, tests, and examinations. Minimum 75% attendance required for completion certificate.
Selection process
How to apply?
Curriculum
The curriculum spans eleven modules covering risk management fundamentals, quantitative analysis, programming tools, machine learning, financial markets, derivatives, and risk analytics.
There are 11 semesters in this course
The program progresses through foundational concepts to advanced applications in risk management. Key areas include statistical analysis, machine learning, derivatives, credit risk, and liquidity management. Each module combines theory with practical implementation.
Module 1: Overview of Risk Management
Module 2: Quantitative Analysis for Risk Management
Module 3: Introduction to R and Python
Module 4: Machine Learning Using Python
Module 5: Overview of Financial Institutions and Markets
Module 6: Options, Futures, and Other Derivatives
Module 7: Fixed Income Securities
Module 8: Financial Decisions using Simulation
Module 9: Analytics for Financial Risk Management Using R
Module 10: Credit Risk Measurement and Management
Module 11: Liquidity Risk Management
Programme Length
11 months featuring interactive learning platform access through Direct-to-Device mode. Includes 3-day campus immersion at IIM Indore.
Whom you will learn from?
Learn from top industry experts who bring real-world experience and deep knowledge to every lesson. The instructors are dedicated to help you achieve your goals with practical insights and hands-on guidance.
Instructors
Faculty member in Operations Management and Quantitative Area at IIM Indore.
Prof. Aditya Maheshwari is a faculty member in Operations Management and Quantitative Area at IIM Indore. He completed his Ph.D. in Mathematics from the Department of Mathematics, IIT Bombay.
Faculty member in the area of Accounting and Finance.
Prof. Debasish Maitra is a faculty member in the area of Accounting and Finance. He is a fellow from the Institute of Rural Management Anand (IRMA), India.
Tuition Fee
Program fee ₹2,83,200 with GST. Initial registration fee ₹10,000, followed by four installments: ₹60,000, ₹60,000, ₹60,000, and ₹54,200. EMI options available.
Fee Structure
Payment options
Learning Experience
Students experience an interactive learning approach combining lectures with case discussions and projects. The program includes hands-on practice with R and Python for risk analytics.
University Experience
The learning environment integrates virtual classrooms with campus immersion. Students gain access to domain experts, real business cases, and IIM Indore alumni benefits.
Testimonials
Testimonials and success stories are a testament to the quality of this program and its impact on your career and learning journey. Be the first to help others make an informed decision by sharing your review of the course.
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About the University
Established in 1996, IIM Indore is the sixth Indian Institute of Management and is located in Indore, Madhya Pradesh. Recognized as an Institute of National Importance under the IIM Act 2017, it offers a range of management programs including the Post Graduate Programme in Management (PGP), Executive Post Graduate Programme in Management (EPGP), and the Integrated Programme in Management (IPM). The institute is known for its rigorous academic standards, innovative pedagogy, and strong industry connections.
8
NIRF Management Rank
1316
Total Students
193 acres
Campus Size
Affiliation & Recognition
Institute of National Importance
Association of MBAs (AMBA)
Association to Advance Collegiate Schools of Business (AACSB)
European Quality Improvement System (EQUIS)
Faculties
These are the expert instructors who will be teaching you throughout the course. With a wealth of knowledge and real-world experience, they're here to guide, inspire, and support you every step of the way. Get to know the people who will help you reach your learning goals and make the most of your journey.
Instructors
Faculty member in Operations Management and Quantitative Area at IIM Indore.
Prof. Aditya Maheshwari is a faculty member in Operations Management and Quantitative Area at IIM Indore. He completed his Ph.D. in Mathematics from the Department of Mathematics, IIT Bombay.
Faculty member in the area of Accounting and Finance.
Prof. Debasish Maitra is a faculty member in the area of Accounting and Finance. He is a fellow from the Institute of Rural Management Anand (IRMA), India.
Career services
The Career Development Services at IIM Indore provide comprehensive support for placements through a structured process. The institute organizes pre-placement talks, recruitment drives, and extensive industry interactions. In 2024, IIM Indore achieved a placement rate of 100%, with participation from over 150 recruiters across various sectors including consulting, finance, and technology.
100%
Placement Rate
25.68 LPA
Average Package
100 LPA
Highest Package
Course Start Date:
Starting Soon
Application Deadline:
To be announced
Duration:
11 Months
₹ 2,83,200
Frequently asked questions
Below are some of the most commonly asked questions about this course. We aim to provide clear and concise answers to help you better understand the course content, structure, and any other relevant information. If you have any additional questions or if your question is not listed here, please don't hesitate to reach out to our support team for further assistance.





