Independent Directors Certificate Programme (Batch-3)

Venue : IIM Bangalore and Live online
Last date for registration: 23 Oct, 2023

Start Date : 24 Nov, 2023
End Date : 20 Apr, 2024

Fee(excluding GST) : Rs. 3,80,000

Programme Overview

This is a programme that informs how a real world of corporate governance works and the current and emerging role of an Independent Director. It will offer a clear perspective on corporate governance and conceptual models for investigating Independent Director roles and behaviour, based on both practical insights and academic understanding.

The course examines the development of corporate governance providing an integrated perspective on company law, regulatory practice, and company management and direction, in the context of contemporary corporate governance policy and structures.

The course will offer a range of examples and case studies, both recent and historical, to compare explanations of governance behaviour and effective outcomes.

Programme Objectives:

To enable Independent Directors to gain knowledge and practical insights on their role, accountability, responsibility, as well as a critical view of governance, law and regulation.

To enable Researchers in the field of Corporate Governance to understand the evolution of conceptual models and to help them to meaningfully participate in informed debates between theorists and practitioners.

Join us in the virtual open house to gain valuable insights into the programme and to determine if it’s the right fit for you.
Date & Day : Thursday, 19th October 2023
Time : from 6:00 pm to 7:00 pm
Register on : https://forms.gle/tipcdyBkKYKDthu16

Programme Themes and Distribution of Sessions

1) Corporate Governance and Stewardship
● Board structure and composition
● Decision making processes
● Sub-Committees

2) Role of Executive Directors and Independent Directors
● Macroeconomic perspective
● Fiduciary levels of responsibilities
● Managing Stakeholder expectations
● Leadership skills

3) Director accountability and responsibility
● Ownership and Control
● Conflict of Interest
● Reputation and Values

4) Strategy and Performance
● Creating value through collaborations
● Evaluation of key indicators

5) Managing Risk, Internal Control and Assurance
● Audits and Fraud prevention
● Whistleblowing
● Enterprise Risk Management

6) Due Diligence, Information, Communication and Disclosures
● Regulatory & Compliance requirements
● Information management

7) Financial Acumen for Directors
● Basics of Finance [by MOOCs]
● Documentation and Reporting

8) Corporate Excellence through Governance
● Effective Management and Board Governance
● Independent leadership and Integrity

9) Corporate Law: Trends and Reforms in India
● Current enforcement framework
● Regulatory foresight

10) Responsible Business
● Culture and Sustainability
● Responsible Reporting

11) Cyber Security and Risk Management
● Role of Directors
● Enabling capacity

Key Benefits:

Perspective on real world of corporate governance and the current and emerging role of an Independent Director
Practitioners connect and Integrated view on company law, regulatory practice and company management
Financial Acumen for Independent Director
IIMB EEP Alumni Membership after successful completion of the programme

Target Audience:

Independent Directors

Aspirants to become Independent Directors

Researchers in the field of Corporate Governance

Non-Executive Directors

Programme Schedule (Tentative)

*Hybrid – The participants who are willing and are able to travel to Bangalore, are welcome to attend the classes in our campus. The participants who are unable to travel to Bangalore can attend the classes in live, online mode through Zoom.

Programme Directors:

Dr. S Raghunath has been Professor of Strategy at IIM Bangalore and the Chairperson of the Centre For Corporate Governance at IIM Bangalore. His work has focused on themes in corporate governance, such as differing roles of company boards, strategic decisions and execution oversight, contribution of independent directors and the implications of cyber security and risk management for board members.

He is a certified trainer in corporate governance by the Global Corporate Governance Forum, sponsored under the aegis of the World Bank and Organization for Economic Co-operation and Development (OECD), and administered by the International Finance Corporation (IFC), Washington. He has been offering the Company Directors Programme on Board Best Practices at IIM Bangalore for the past fifteen years.

Dr S Raghunath is a member of the Board of Studies of the Indian Institute of Corporate Affairs, Ministry of Corporate Affairs.

He was the Global Director of the International Masters Programme For Practising Managers (IMPM) in 2010-2011 and has coached many CXOs of Indian companies as well as MNCs.

Dr. Raghunath is the Chairman of the South Asia Board of the Academy of International Business. He has been an independent director on the Board of Vijaya Bank, Canara Bank Mineral Exploration Corporation Limited ,Kudremukh Iron Ore Company Limited, Kshema Technologies, Spire Technologies, Weir India, National Venture Capital Fund. He is a member of the advisory council of the Centre For Corporate Governance at IIMB. He is a Registered Consultant with the Office of Project Services, UNDP, New York.

He was a Visiting Scholar at the Graduate School of Business, Stanford University (1990-1991) where he engaged in research in strategy making in IT companies. He was also a Visiting Professor at INSEAD, France; HEC Paris; EuroMed, Marseilles; University of Buckingham, UK; RMIT School of Business; Melbourne, Australia.

Dr Anil B Suraj is Associate Professor of Practice Centre for Public Policy and Chairperson, Post Graduate Programme in Public Policy and Management. He is a member of the advisory council of the Centre For Corporate Governance and Citizenship at IIMB and is also the Chairperson, Office of Diversity & Inclusion.

He delivers core courses on – Public Administration and Law for the Doctoral students, and Business Law for the MBA Programme, and for the Executive Management Programmes. Suraj has jointly coordinated the Phase-IV Mid-Career Training Programme in 2008, 2009 and 2010 for the Indian Administrative Service (IAS) Officers, and regularly delivers technical sessions to Mid-career programmes of various All India Services on “Judicial Review of Policy making”, “Fiduciary levels of Accountability in Governance”; “Public Contracts and Projects”; “WTO & TRIPs”; and “Intellectual Property Rights & Data Protection”. Suraj has also addressed Senior Bureaucrats of – South Korea, Bangladesh, Vietnam, Sri Lanka, and from more than 45 countries of Africa. Many of these technical sessions have been at the invite of the National Centre for Good Governance, Lal Bahadur Shastri National Academy of Administration, Mussoorie, Uttarakhand, India.

Prior to joining IIM Bangalore in March 2007, Suraj was a Research Fellow at the National Judicial Academy, India, wherein he coordinated training courses for senior District Judges and High Court Justices on various topics, including – Economic Analysis of Law and Adjudication of Economic Laws. At the Academy, Suraj was involved in coordinating the first ever initiative of a course module and a training programme on Court Management and Judicial Administration in India. Suraj has also been a Member of the first Working Group of the Planning Commission for Union Ministry of Law and Justice for the 12th Five Year Plan (2012-2017).

Payment Schedule

The programme fees is Rs. 3,80,000/- + 18% per participant, which is payable in instalments as per the schedule indicated below.

Note :

The programme fee should be received at the Executive Education Office, before the programme commencement date.
In case of withdrawls, the fee will be refunded only if a request is received at least 15 days prior to the start of the programme.
If a nomination is not accepted, the fee will be refunded to the person / organization concerned.

Important Dates

Application Deadlines:

Early Decision - 25th September 2023
Regular Decision - 23rd October 2023

Programme Commencement Date: 24th November August 2023

How to Apply

Please logon to http://iimberpsrv.iimb.ernet.in/prod/sfeep.home for registering and applying online
The programme is listed under the “Long Duration Programme” Tab.

You are required to upload your Resume and Graduation Certificate in the online application portal.

For any queries related to the programme, please contact Ms. Mohsina Jabeen on Phone no. +91-80-28993563; +91-78999 91516 or Email ID at mohsina.eep@iimb.ac.in

IDCP Alumni Testimonials

IIMB EEP Alumni Membership

IDCP participants become IIMB EEP alumni on completion of the programme and thereby gain access to the alumni network of senior management professionals across various industry sectors.

Award of Certificate

A part time programme certificate of completion will be awarded by IIMB to participants at the end of the programme upon successful completion of the programme and satisfying programme requirements.

Sample Certificate:

Note: Certificate image is for reference to potential participants only and may change at the discretion of Executive Education Programmes Office

Contact Us

Do feel free to get back to us if you should have any clarification.

Contact details:
Ms. Mohsina Jabeen
Landline No.: +91-80-26993563; Mobile No. +91-78999 91516
Email: mohsina.eep@iimb.ac.in