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ICICIdirect Centre for Financial Learning (ICFL) and XLRI Announce Partnership to Offer Programs in Finance for Working Professionals

Oct 08, 2015   16:00 IST 

ICICIdirect Centre for Financial Learning (ICFL) and XLRI - Xavier School of Management, Jamshedpur today announced a strategic knowledge partnership to offer Management Development Program (MDP) and Long Duration Program (LDP) specialising in Finance.


Today, finance is one of the most pursued career option and young professionals are looking for convenient and fast-track modes to learn and enhance their skills and seek career advancement. With this objective, ICFL and XLRI have come together to offer these programs through a convenient online mode with an aim of honing the financial skills of working professionals with atleast 2-3 years of experience.


Speaking on the occasion, Prof Ashis K. Pani, Associate Dean (VIL) from XLRI – Xavier School of Management said, We are extremely excited about this collaboration with ICFL. By leveraging the complimentary capabilities of each other; we look forward to successfully delivering high quality Programs to working professionals. In other words we can say this program would equip participants with the expertise of financial domain for the better tomorrow. This tie-up will help interaction between student and industry experts.”


This collaboration will establish a framework for both XLRI and ICFL to attain and strengthen their shared objectives through the design, creation, distribution and delivery of programs in the domain of finance.


While, XLRI brings its expertise through curriculum design, quality of faculty, content development and delivery, ICFL will bring a practitioners perspective by introducing programs based on the industry requirements, participation in content design, delivery by practising professionals and reaching out to learners with the proposition.


ICICI Securities has always been at the forefront of simplifying finance whether it is at individual level or at corporate level. Young working professionals need simple modes of learning finance that help them save their time as well expense while pursuing their career. We are excited to associate with XLRI, a reputed institute through a unique knowledge based industry-academia partnership. We are looking forward to a successful partnership which will help several young Indians take up finance as a career option, said Vineet Arora, EVP- Product and Distribution, ICICI Securities.


XLRI Professors will deliver the course from a studio at the XLRI Campus in Jamshedpur using a Virtual Interactive Learning environment. ICFL Authorized Learning centres will enable the delivery of the programs. Since the programs are online, professionals will benefit from flexibility to study while pursuing their career. Besides the cost benefit is as an added advantage since participants will save on travel and residential costs.


The two programs to be offered under this collaboration are:

1. eMDP: These include Management Development Programs (MDP) focused at skill development of working professionals. Some of the topics covered under this program are Financial Analysis Techniques and Equity Research, Finance for Business Managers, Financial Instruments, Markets and Investment Choices, Data Analysis and Financial Modelling using Excel. The program fees will be Rs 25,000 – Rs 100,000 per participant


2. LDP (Long Duration Programs): programs of duration ranging from six months to one year in finance /related area. The fees for LDP will be in the range of Rs 150,000- Rs 300,000 per participant


These programs could be seen as events for continuous learning and knowledge enhancement by mid to senior level working professionals. A longer duration program would be relevant for those seeking a deeper engagement in the specialized functional skills.


About ICICIdirect Centre for Financial Learning:

ICICIdirect Centre for Financial Learning (ICFL) is an initiative of ICICI Securities set up with an objective of simplifying financial knowledge and increasing financial literacy amongst prospective or experienced investors & knowledge seekers. ICFL training programs are categorized under Investment Education Programs and Professional Certification & Development Programs. The repository of domain knowledge includes host of in-house developed seminars, workshops, certifications and training programs leading to reputed certifications. These programs are in the area of Stock Investing, Derivatives, Mutual Funds, Financial Planning, Wealth Management, Corporate Finance, etc.


ICICIdirect Centre for Financial Learning has been conferred with the Award for Innovation in Learning and Best Online Learning Solution at the World Education Congress. It also won the Emerging Brand Award at CMO Asia in Singapore.


About XLRI, Jamshedpur

XLRI-Xavier School of Management, Jamshedpur is a premier, private management institute in India founded in 1949 by Fr Quinn Enright, S.J. in the ‘steel city’ of Jamshedpur ( Over the last six decades, the institute has grown into a top-ranking business management school of international repute with a wide portfolio of management programs and research publications. Its alumni are spread around the globe and have demonstrated responsible business leadership in their organizations. XLRI continually strives to contribute its might to the professional growth and management of numerous organisations and institutions across industry sectors.

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ICICI Securities Ltd.
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