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JAGSoM PGDM Finance: Only Indian B-School ranked in QS Masters in Finance Ranking 2021 offers ‘New Age Finance’ Curriculum; Admissions Closing Soon

AACSB Accredited and globally ranked Jagdish Sheth School of Management (JAGSoM) offers three Specialized PGDM programs in Marketing, Finance and Business Analytics to groom professionals in these domains. Admissions for PGDM Finance, Business Analytics and Marketing are currently open. In this article, JAGSoM PGDM Finance program is reviewed for its Faculty, Curriculum, Placements, Fees, Admission process and more

To groom professionals in Marketing, Finance and Business Analytics domains, AACSB Accredited and globally ranked Jagdish Sheth School of Management (JAGSoM) offers three Specialized PGDM programs. Admissions for PGDM Finance, Business Analytics and Marketing are currently open. In this article, we review JAGSoM PGDM Finance program – its Faculty, Curriculum, Placements, Fees, Admission process and a lot more.

Before we talk about the program, let’s look at the Corporate Finance Function, which is integral part of every company, and the Banking, Financial Services and Insurance (BFSI) Sector that offers a lot of jobs for MBAs.

JAGSoM Bangalore Specialized PGDM Admissions Open Apply Now

Simply put, businesses run on money, and Corporate Financial Management guides managers to take right decisions about immediate cash flows and longer-term funding strategies. PGDM or MBA Finance trains young professionals to:

  • Manage a Profit and Loss Statement
  • Manage a Balance Sheet
  • Understand Cash Flow and Working Capital management
  • Tap Sources of Long-term Finance like Public Debt and Equity Markets
  • Take Capital Investments and Purchase Decisions
  • Managing Reserves & Surplus for downturns and economic slow downs
  • Create long-term Shareholder Value with proper Capital Allocation

Let’s also look at key data points from the booming BFSI sector. The Indian banking system consists of 12 public sector banks, 22 private sector banks, 46 foreign banks, 56 regional rural banks, 1485 urban cooperative banks and 96,000 rural cooperative banks in addition to cooperative credit institutions (IBEF, 2021). Personal Finance management through Mutual Funds has grown rapidly. As of January 2021, AUM managed by the mutual funds industry stood at Rs. 32.29 lakh crore. Another crucial component of India’s financial industry is the Insurance Industry. Insurance industry has been expanding at a fast pace. The total first year premium of life insurance companies reached Rs. 2.59 lakh crore in FY20.

Recent developments in Venture Capital (VC) Funding, Fintech, Cryptocurrency has added even more dynamism to this evergreen discipline. In this backdrop, let’s review the JAGSoM and its PGDM Finance program.

JAGSoM’s Journey – Key Milestones

Before we progress to JAGSoM Bangalore PGDM Finance Admission 2021, here is a quick recap of key events at JAGSoM (formerly known as IFIM Business School):

  • In 2018, JAGSoM (formerly IFIM Business School) became the sixth B-school in India after ISB, TAPMI, IIM Calcutta, IMT Ghaziabad and XLRI to be AACSB Accredited.
  • In 2020, QS Masters in Marketing Ranking 2021 ranked JAGSoM amongst the Top 100 (51-100 band) in the world for its PGDM Marketing program and ranked Top 150 (101-150 band) for its PGDM Finance Program.
  • On October 21, 2020, IFIM Business School Bangalore was rechristened as JAGSoM after globally respected management guru Padma BhushanDr Jagadish Sheth.
  • On December 23, 2020, JAGSoM announced 100% completion of Placements 2021 with Average Salary of Rs 10.21 Lakhs Per Annum. Read more IFIM Placements 2021.

Specialized PGDM in Finance,Marketing and Business Analytics

Apart from general PGDM, JAGSoM Bangalore offers two year full time residential Specialized Masters - PGDM in Finance, Marketing and Business Analytics which are targeted to groom professionals in these specific specialized areas. Branded as ‘PGDM SpecX’, the programs are taught by India’s top faculty and practitioners, and are designed with inputs from industry experts. JAGSoM Admission process 2021 for these PGDM programmes is currently open till June 30.

Program Duration & Approval Ranking Fees & Admission Status
PGDM Finance 2 Year, AICTE Approved AACSB Accredited; QS Masters Global Ranking 2021 Rs 12.0 Lakhs | Open | Apply Now
PGDM Business Analytics 2 Year, AICTE Approved AACSB Accredited Rs 12.0 Lakhs | Open | Apply Now
PGDM Marketing 2 Year, AICTE Approved AACSB Accredited; QS Masters Global Ranking 2021 Rs 12.0 Lakhs | Open | Apply Now

Now, let’s check compete details of JAGSoM PGDM Finance Admissions 2021 below.

But, why are Specialized PGDM relevant?

Before we talk about Finance domain and BFSI sector, how are specialized PGDM programs different from general MBA/PGDM programs?

Responding to this query, Dr Atish Chattopadhyay, Director, JAGSoM said, “For the first job after MBA or PGDM, specialised knowledge and technical skills are very important. Technical skills play a significant role in the initial years of one’s career. Most of the initial employment is based on specialised skills as recruiters look for domain specialists.” He further added, “In this context, a Specialised Masters (or specialised masters in management) is probably more suited for a fresher. The areas in which a Specialised Masters can be of value are Finance & Banking, Marketing, Analytics, Supply Chain etc.”

Dr Chattopadhyay was the Director of IMT Ghaziabad and part of the leadership team at leading B-schools SPJIMR Mumbai and MICA Ahmedabad before joining JAGSoM as its Director in May 2018.

JAGSoM PGDM Finance USPs

Coming to PGDM Finance Program, what are the USPs of this specific program? Here are the key program highlights.Also check compete details of JAGSoM PGDM Finance Admissions 2021 below.

  1. Global Ranking & Accreditation: The PGDM Finance program of JAGSOM is a Specialized Masters program that has obtained global accreditation from AACSB and is also ranked in the QS Business Masters Rankings 2021. JAGSOM is the only Business School from India to have been ranked by the QS Masters in Finance Ranking 2021 -- ranked globally in 101+ band. Other global Business Schools in this band are J. Mack Robinson College of Business – Georgia State University, Newcastle Business School, Rennes School of Business, College of Business – University of Texas at Arlington. This establishes JAGSoM’s leadership position in grooming specialist-finance professionals.
  2. Industry-integrated Curriculum and Pedagogy: A key strength of the programme is to focus on building skills that employers will value, a bespoke ‘New Age Finance’ Curriculum for hand-picking elective courses, a unique pedagogy and experienced faculty. Some details include:
    1. Deep foundation in Accounting & Finance: JAGSoM offers a PGDM Finance programme which starts with instilling the basics of Finance and Accounting to graduates from all backgrounds with HBS Material and core courses taught by experienced faculty. This year we plan to also introduce a “Life in the Day” of various Finance Roles including Investment Banking, Capital Markets, Banking, Private Equity, Wealth Management and similar.
    2. Curriculum aligned with Finance 4.0: The curriculum is regularly updated with introduction of new courses like M&A, Valuation & PE, Blockchain etc. by faculty members who have worked in similar roles in industry and hence are able to tailor the contents around the latest relevant knowledge in the field viz. Finance 4.0.
  3. Unique pedagogy: We have a unique pedagogy of ‘Learning by Solving’ where students seek problems from the industry and solve them as part of the super-specializations. Formally known as Request for Problem (RFP), this ensures a strong application-oriented focus for the students. They are able to see the complexities in real-world problems across Banking, Capital Markets or FinTech.
  4. Domain Specialist Faculty: Thecourses in PGDM Finance Programme are taught by domain specialist faculty and practitioners with industry experience in the specific subjects they teach. The eclectic mix of industry practitioners and scholarly practitioners creates a ‘two in the box’ model which ensures Learner Success and is a great strength of JAGSoM. Check Faculty Profiles below.
  5. Industry Internship: JAGSoM’s4.5-month duration ‘Industry Internship Program’ at the last trimester of the program ensures students can apply their acquired knowledge to be effective for the internship period but also ensures that they are uniquely positioned to get a final placement with the same employer. There are final placements conversion of more than 60 percent which can be an option while student can explore even better career opportunities.
  6. Course Embedded Certifications: Certifications such as Bloomberg Market Concepts, Certified Credit Analyst (IIBF), Certified Treasury Professional (IIBF), CFA, CMT/QuantInsti Technical Chartist, CFI, are encouraged as part of coursework. Students who complete the identified certifications get one grade up in the related course.
  7. Super-specializations with certifications: The PGDM Finance Programme has three options for Super-specialization courses in Term V namely Banking with IIBF (Indian Institute of Banking & Finance), Capital Markets with QuantInsti and FinTech with Darden School of Business University of Virginia.
  8. Student Managed Investment Fund (SMIF): The SMIF will be run by PGDM Finance students like a mutual fund where each individual will have the right to invest and exit within certain boundaries and under the guidance of faculty. This will provide a complete and hands-on learning experience to students in equity research, investments in the market and portfolio management. The SMIF will be a Diversified Fund and will be sector agnostic with an objective to deliver returns better than the Index.
  9. Student led Committees (Effective Execution) in Banking has received accolades from leading professionals for its monthly Banking Magazine ‘BANK BLAST’ with students’ articles on trending topics in BFSI, along with another initiative of weekly ‘Banking Blogspot’. Other developmental and strategic initiatives include ‘BANK ON IT’ series of quizzes and article writing competitions for the students. Few testimonials are:

“Great Initiative!”. Mr Robin Banerjee, MD Caprihans India Ltd, former MDArcelor-Mittal Germany

“Excellent. Useful and topicals”. Mr RK Saraf, Non-Executive Director Jio Payments Bank and SBI Cards & Payment Services Ltd; Senior Advisor TVS Capital Funds

Bright Career & Placement Opportunities

JAGSoM PGDM Finance program offers good career opportunities in traditional Corporate Finance roles like Banking, Wealth Management, Investment Banking and Corporate Taxation as well as in new age areas such as FinTech.The graduating class of 2021 were recruited for various roles like Tax & Audit Associates, Financial Analysts, Investment Advisors, Wealth Managers, Credit Assessment Officers and Financial Operations Analysts.

JAGSOM PGDM Finance achieved 100% placements. The highest annual package for the graduating class was INR 16.0 Lakhs and the average annual package was INR. 10.21 Lakhs.

Key Recruiters of PGDM Finance graduates included MNCs such as Oracle, Dell, PwC, KPMG, EY, Grant Thornton, Deloitte as well as financial institutions like Barclays Investment Bank, BNY Mellon, ANZ, Arcesium (Hedge Fund), HDFC Bank, IDFC, Ujjivan Small Finance Bank, to name a few.

Some of the job roles/profiles that can be expected by PGDM Finance students are:

  • Equity Research Associate
  • Investment Banker
  • Risk Analyst/Advisor
  • FinTech Business Development
  • Equity/Derivatives Trader
  • Product Manger
  • Business Associate
  • Credit Analyst
  • Credit Officer
  • Stressed Assets Recovery Officer
  • Treasury Desk Officer

JAGSoM PGDM Finance Alumni include:

  • Mr. Amit Arora, Co-Founder, Finnable;
  • Mr. Arun BN, Lead AVP – Business Consulting, HSBC;
  • Mr. Bharath Balakrishnan, Director & CEO, Teatox Life;
  • Mr. Gunit Singh, Founder & Director, Fintegriti Capital;
  • Mr. Monish Anand, Founder & CEO, Shubh Loans;
  • Mr. Pankaj Purohit, Director Finance-Productivity Applications, Amazon Web Services;
  • Mr. Santosh Singh, Sr. Vice President – Head of Research, Motilal Oswal AMC;
  • Mr. Shailesh Kewalramani, Technical Director, KPMG;
  • Mrs. Shikha Sheth, Vice President – Asia Pacific, Kingsley Gate Partners LLC;
  • Mr. Shivam Sinha, Founder & CEO, Indiassetz;
  • Mr. Vikas Bhalla, CTO, FaarmsTM.

JAGSoM PGDM Finance Curriculum: How is it structured?

The foundation and core courses include courses such as Principles of Management, Management Communication, Introduction to Accounting & Finance, Spreadsheet Modelling, Quantitative Methods and core courses from Marketing, Finance, HR and Analytics & Digital Business. The Elective courses in Finance consist of a basket of sixteen courses covering all major themes in Banking, Capital Markets, FinTech & Blockchain. A few select electives include Security Analysis and Portfolio Management, Derivatives, Investment Banking, Financial Risk Management, Business Valuation and Mergers & Acquisition, MSME Financing, International Financial Management, Financial Trading Laboratory to name a few.

JAGSoM PGDM Finance Super Specializations

One of the highlights of the PGDM Finance is the Super Specialization (SS) program. There are three options of the Super-specialization program for PGDM Finance Students which will be conducted in Term 5. The options are as follows:

  1. FinTech with University of Virginia (Darden School of Business, US Top 10 B-School)
  2. Capital Markets with QuantInsti (top rated Algo/Technical Trading Training House)
  3. Banking with Indian Institute of Banking & Finance (IIBF, erstwhile Indian Institute of Bankers)

Super Specialization is a unique opportunity for learners to be in an environment that mimics real life in a corporate world, where a team consists of people of different age groups. Students have worked with companies such as Bosch, Tessolve, Finbots.ai, Scripbox, Davinta, Sahamati, Ujjivan SFB as part of their Super Specialization capstone projects.

India’s leading Faculty and CXOs to teach at JAGSoM PGDM Finance Program

JAGSoM is led by renowned scholar, thought leader and CXOs.Prof Jagdish Sheth, Chairman of the Board of JAGSoM, isthe Charles H. Kellstadt Professor of Marketing at the Goizueta Business School of Emory University and is a Padma Bhushan awardee. Many of the faculty members at JAGSoM have played CXO roles in industry, which includes 9 graduates from IIMs, of which 3 are IIM fellows, 11 graduates from IIT and BITS, of which 3 are Ph.Ds. The group also includes 5 faculty each with degrees from Central and Foreign Universities, and 14 faculty with CXO level experience.

Faculty members who are teaching at the JAGSoM PGDM FinanceProgram include:

Prof. Soumya Choudhury - He has 22 years of corporate experience prior to joining academia in 2019 and has cofounded a start-up in Supply Chain Planning. He is an alumnus of IIT Bombay (B.Tech. - EE) and IIM Ahmedabad (PGDM - Finance). He is the Chairperson of the Finance Area and Associate Professor in Finance at JAGSoM.

Prof. Amit Bagga - Dr. Bagga is a practicing Chartered Accountant, Financial Consultant, Auditor & Valuation Analyst, and Senior Partner at N.B. & Co., a CA firm. He is a Strategic HR Consultant, Committee Member at ICAI, having rich experience of more than 25 years.

Prof. Jitender Kumar - An eminent financial strategist, researcher, and corporate executive, Prof. Jitender is a prolific equity researcher, portfolio advisor and a senior executive running financial organizations. He has over 15 years of experience in the fields of Equities, Mutual Funds, Derivatives, Fund Management and Research.

Prof. Parameshwar H.S. - Prof. Parameshwar has 20 years of professional experience in the areas of Sales, Consultancy, Financial Market Data Operations, Program Management, Start-up/ Entrepreneurship, and Education Management. He had co-founded MobiTrolley Tech Solutions.

Prof. Pooja Gupta - Prof Pooja is an educator, prolific case writer and researcher with more than 16 years of teaching experience at post graduate level. Prof Pooja has received various national and international awards for her cases. Her cases have been published by Ivey Publishing and are available through Harvard Business Publishing.

Prof. Prashant Goyal – Prof. Prashant is a Private Equity professional with industry and teaching experience of over 30 years. Prof. Prashant is an alumnus of IIM Bangalore and BITS Pilani. His core areas of interest are 'Corporate Valuation', 'Entrepreneurial Finance' and 'Valuation of Start-ups'.

Prof. Rajendra K Sinha - Dr. RK Sinha is an enterprising Leader & Planner with 35+ Years of extensive experience with State Bank of India Group (including top executive assignments as SME Business Headand Industries Studies Vertical Head) and State Bank Academy.

Prof. Sasmita Giri - She has more than 13 years of teaching and research experience. She is a University gold medalist from Biju Patnaik University of Technology Odisha in the area of Management (Finance). Previously she has worked with XIM Bhubaneswar. She is Program Chair for the 2 Year PGDM Program and Associate Professor in Finance at JAGSoM.

Prof. Sridevi Varanasi - Dr. Sridevi has work experience of over 20 years in teaching, research and corporate training. At JAGSoM, she teaches courses like Corporate Finance, Financial Markets and Investment Banking.

Prof. Tushar Jaruhar – Prof. Tushar has worked for global brands, with senior executives, in developing strategy, building businesses and delivering multi-million-dollar business transformation initiatives. He holds a MBA from the Kellogg School of Management, Northwestern University where he was the recipient of Kellogg’s Four Pillar Award for Intellectual Depth. He teaches at various institutions including the IIMs and IITs.

Prof. RS Chikara - Prof. Chikara is a banker with 36 years of experience in all areas of banking, He was a Senior Faculty & Deputy General Manager (Credit & International Banking) at State Bank Academy and had also worked at the Foreign Department of the bank. He was a recipient of Macro Research fellowship from IIBF.

Prof. R Govindarajan - He has 37 years’ experience in Banking Industry and has retired as Deputy General Manager (Principal- Management Development Institute- Apex Training Institute of Bank of India). He served in Paris Branch and also as Alternate Chief executive of Commonwealth Finance corporation limited, Hong Kong. He is the Head of Professional Development Centre Chennai at IIBF.

Prof. R Kanchanamala - She has more than 38 years of experience in banking industry. She has served in Bank of India and retired as Deputy General Manager & has also had a tenure at the Bank’s Subsidiary in London. Her core competency in Banking is in Corporate Credit including Project Appraisal and Infrastructure Financing and is a Key Faculty at IIBF.

Several international faculty members will teach at this program. They include:

Prof. Terence Tse – Prof. Terence is Professor of Entrepreneurship at ESCP Business School.

Prof. Peter Stephenson-Wright - He has been an Affiliate Professor at ESCP Europe since 2008 where he teaches Marketing and Management topics across a wide range of the School’s programmes.

Prof. Sergio Bronfman – Prof. Sergio is Associate Professor of Digital Transformation at ESCP Business School.

JAGSoM PGDM Finance Admissions 2021 Highlights

So who is the ideal candidate for JAGSoM PGDM Finance program? When asked, Dr Chattopadhyay said, “The ideal candidate for this program is a graduate who intends to kick-start his/her career as a domain specialist in new age roles in Finance. Someone who is willing to roll up the sleeves for effective execution and NOT an armchair strategist. Someone who can work in a team, can experiment and is willing to acquire new skills. Freshers and working executives with up to 2 years of work experience who want to build career in fast changing and ever-growing finance domain should consider JAGSoM’s PGDM Finance Program.”

JAGSoM follows a rolling admission process for JAGSoM PGDM Finance Admissions 2021 and offers are made regularly subject to meeting the criteria.

JAGSoM PGDM Finance Admissions 2021 Details

JAGSoM PGDM Finance Fees Rs 12.0 Lakhs
Exam Accepted CAT, XAT, GMAT CMAT, MAT
can apply - Graduates without experience, interested in marketing sector
- Working Professionals with upto two years’ experience
Admission Status Open| Apply Now
JAGSoM PGDM Business Analytics Last Date to Apply June 30

JAGSoM Bangalore Specialized PGDM Admissions Open Apply Now

To conclude, freshers and working executives with upto 2 years of work experience who want to build career in fast growing Corporate Finance, BFSI Sector, Personal Finance domains should consider JAGSoM’s PGDM Finance Program. JAGSoM PGDM FinanceLast Date to Apply is June 30. Apply Now.

Source: MBAUniverse