Board of Internal Audit and Management Accounting
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Diploma on Management and Business Finance (DMBF)

Course Objectives

  • To enable the members to gain acumen, expertise and in-depth knowledge in the areas of Management and Business Finance.
  •  To allow the members to gain deep strategy and leadership insights and enhance their decision-making abilities as well as strengthen their managerial competencies and skills so that they can contribute to the clients/ organizations/ firms they work for, more effectively and diligently.
  • To introduce the members to recent developments in theory and practice through multiple case studies of management relating to core business functions and disciplines.
  •  To provide a framework for business finance while giving practical advice when using the framework in its application to operational situations on finance side.
  •  To provide an opportunity to the participants to understand their self, explore their personal leadership philosophy and style, with a view to reinventing their leadership skills.

Course Duration

The Diploma on Management and Business Finance (DMBF) course is approximately a one-year course.

DMBF Course Structure

It includes

  1. 72 hours of Classroom training sessions.
  2. 20 hours of E-learning through Digital Learning Hub.
  3. Five days’ Residential Program in association with Jamnalal Bajaj Institute of Management Studies (JBIMS), Mumbai.
  4. DMBF Examinations by Examination Department of ICAI

DMBF Course Covering

The PQC-Diploma on Management and Business Finance (DMBF) course comprises of the 3 Groups further divided into 6 subjects covering 34 modules.

72 hours of Classroom Training 20 hours of E-learning Training on Digital Learning Hub
22 Modules 12 Modules
Group-1 Subject 1: STRATEGIC MANAGEMENT
Module 4: Applied Financial Analysis & Forecasting
Module 5: Long Term Investment Analysis
Module 1: Perspectives of Management
Module 2: Organizational Behaviour: HR Perspective
Module 3: Marketing and Business Strategy
Module 6: Code of Ethics
Subject 2: CAPITAL STRUCTURING AND INVESTMENT
Module 9: Fund Raising
Module 10: Portfolio Management
Module 11: Alternative nvestments
Module 7: Financial Planning
Module 8: Capital Structuring

Group-2 Subject 3: CAPITAL AND FINANCIAL MARKETS
Module 15: Debt Markets
Module 16: Fixed Income Securities
Module 17: Money Market
Module 12: Capital Markets
Module 13: Regulatory Framework of Capital Market
Module 14: International Capital Markets
Subject 4: FOREX AND TREASURY
Module 18: Foreign Exchange Markets
Module 19: Forex Arithmetic
Module 20: Exchange Rates Theories
Module 21: Forex Risk Management
Module 22: Forex Derivatives (products, valuation and uses in hedging)
Module 23: Treasury Management
Group-3 Subject 5: VALUATIONS, M & A AND RESTRUCTURING
Module 24: Business Valuation
Module 25: Valuation of Intangibles
Module 26: Valuation of Options
Module 27: Issues & Challenges in Valuation
Module 29: Corporate Restructuring
Module 28: Valuation – Regulatory Perspective
Subject 6: BANKING AND RISK MANAGEMENT
Module 32: NPA Management
Module 33: AML, IBC & Compliances
Module 34: Risk Analysis
Module 30: Banking and Trade Finance
Module 31: Banking Functions and Products

Five days’ Residential Program in association with Jamnalal Bajaj Institute of Management Studies (JBIMS), Mumbai

ICAI has collaborated with Jamnalal Bajaj Institute of Management Studies (JBIMS), Mumbai to conduct Five days’ Residential Program which is mandatory to attend for the members who have enrolled for PQC-DMBF course with the BIA&MA of ICAI.

Features of Five days’ Residential Program –

  • The Eminent faculties from JBIMS will take sessions.
  • Dedicated training with state of art facilities and continuous access to eminent faculty, intense brainstorming and projects under expert guidance.
  • 100% attendance of Five days’ Residential Program is mandatory.

DMBF course – Advantages

  • Pedagogy
    Management games, case studies, modelling, simulations and participantcentered learning pedagogies will be used during the Sessions.
  • Placement Assistance
    ICAI would provide placement assistance to the candidates who would qualify the PQC-Diploma on Management and Business Finance (DMBF) Course.
  • Use the letters DMBF (ICAI) after the name
    A Candidate who has qualified PQC-DMBF course shall be awarded a Certificate issued by Examination Department of ICAI and be entitled to use the letters DMBF (ICAI) after his / her name.

Course Fee

  • Rs. 50,000/- for Physical batch (Excluding examination fee)
    Rs. 40000/- for online batch (Excluding examination fee)
  • The examination fee will be as decided by the Examination department of ICAI.

Note:- Please note that payment of fee is subject to cancellation charges i.e. 10% of gross fee paid, in case the cancellation request is placed by the participant before starting of batch. However, the course fee once paid is non-refundable / non-adjustable once the batch commences.

Attendance
A candidate must mandatorily fulfil the Minimum Attendance criteria of:

  1. 90% of 92 Hours of Classroom and E-learning training sessions.
  2. 100% of five days’ Residential Program with JBIMS.

CPE hours

The maximum CPE Hours granted for the course would be 30 CPE hours as under –

  •  25 CPE Hours on completion of training with necessary attendance
  •  5 CPE Hours after appearing in the examination.

DMBF Examinations

Eligibility Criteria

  • For appearing in the examinations, a candidate must mandatorily fulfil the Minimum Attendance criteria of:
    1.  90% of 92 Hours of Classroom and E-learning training sessions.
    2. 100% of five days’ Residential Program with JBIMS.

Examination Pattern

Eligibility Criteria

  • The examination department will take the(written/ online) examinations of two hours for each Group (paper) for 100 marks multiple-choice questions with no negative marking.
Group (paper) 1: Subject 1: Strategic Management
Subject 2: Capital Structuring and Investment
Group (paper) 2: Subject 3: Capital and Financial Markets
Subject 4: Forex and Treasury
Group (paper) 3: Subject 5: Valuations, M&A and Restructuring
Subject 6: Banking and Risk Management

Passing Criteria

  1. A candidate will be declared pass in a group if he/she secures a minimum of 40% marks in each group and 50% marks in aggregate of all groups.
  2. A candidate will be declared pass in PQC- DMBF if he/she passes all three groups of PQC-DMBF.