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Batch 7

Chief Financial Officer (CFO) Programme

Rise as a Strategic Finance Leader Driving Business Profitability.

  • IIM Calcutta Executive Alumni Status
  • Triple Crown Accredited B-School
  • 100% Live Online Sessions by IIMC faculty
  • 7-Day Immersion at IIM Calcutta Campus (across 2 visits)
Work Experience

Round Application Deadline

Upcoming application deadline: Invalid liquid data | App fee: Invalid liquid data

Programme Overview

The role of the Chief Financial Officer (CFO) is undergoing a dynamic shift in today’s complex and digitally driven business environment. No longer confined to managing balance sheets and budgets, modern CFOs are expected to be strategic advisors, innovation enablers, and value creators. A recent PwC CFO Study indicates that 69% of finance leaders in India believe CFOs will be more influential than CEOs in driving business transformation by 2030—underscoring the urgency for finance professionals to expand their capabilities.

IIM Calcutta’s Chief Financial Officer (CFO) Programme has been meticulously designed to meet this demand for multi-dimensional financial leadership. Delivered through live online sessions by globally renowned faculty, this 9-month programme equips participants with advanced knowledge in areas like digital transformation, design thinking, ESG, and corporate governance. With over 100 hours of learning, immersive campus visits, and access to a powerful alumni network, the programme enables seasoned finance professionals to evolve into strategic business partners. Participants will graduate with industry-recognised credentials and the prestigious IIM Calcutta Executive Education Alumni Status—positioning them to lead at the forefront of financial innovation and enterprise growth.

Watch Programme Video

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    Why Upskill Now?

    70%

    of CFOs believe that evaluating finance strategy, scope, and design is their top priority.
    Source: Gartner

    40%

    of finance roles will be either new or significantly reshaped due to finance technology, by 2025
    Source: Gartner Top Priorities for CFO in 2024

    82%

    of Indian CFOs are projected to take a leading role in spearheading digital transformation and AI adoption across their organisations.
    Source: Deloitte CFO Insights 2024

    Programme Highlights

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    Live online learning

    Engage in 100+ hours of learning - live online and in-person (campus immersion), with IIMC faculty and industry experts

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    Designed & delivered by renowned IIMC faculty

    Benefit from a curriculum crafted and taught by experienced IIMC faculty

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    Two immersions at IIM Calcutta

    Network and experience in-person learning with faculty and peers during the 7-day campus immersion across 2 visits

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    Executive Education Alumni Status

    Earn prestigious alumni privileges from IIM Calcutta upon successful completion

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    Access a powerful alumni network

    Join a coveted network of 300+ successful past participants and finance leaders across the country

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    Prestigious certificate

    Earn a prestigious certificate from IIM Calcutta and accelerate your career in financial leadership

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    Cutting-edge learning modules

    High-impact curriculum with new-age topics such as design thinking and digital transformation, in addition to CFO essentials

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    Curated learning journey

    Explore strategic finance leadership through capstone project, case studies, simulations and other interactive mediums

    Who is this Programme for?

    This skill-driven programme will advance your strategic decision-making and financial leadership skills with complete knowledge of business strategies and industry’s best practices. This programme is carefully created for:

    • New and emerging CFOs looking to lead new and existing financial strategies, gain a competitive advantage, and enhance business value.

    • Senior-level professionals who aspire to take charge of the CFO role and other financial leadership roles in the future.

    • Business heads, CXOs, and financial leaders who are at the forefront of financial decision-making in their organisations.

    Programme Modules

    • Applied Economics

      • Understanding Economic Growth, Income Distribution, and Inflation

      • Fiscal Policy, Government Budget, and Economic Stabilisation

      • Managing Inflation and Growth: The Dual Mandate of Central Banks

      • Exchange Rate Movements and its Implications for International Trade and Capital Flows

    • Organisational Behaviour & Leadership

      • Fundamentals of Managing People

      • Building and Leading Teams

      • Managing Conflicts

      • Business Negotiations

      • Organisational Design and Managing Change

    • Competitive Strategy

      • Understanding Strategy

      • Understanding Competition

      • Strategic Analysis of Competition

      • Competitive Strategy for CFOs

      • Competitive Strategy and Unique Competitive Positions

    • Financial Strategy

      • Capital Structure Decision

      • Cost of Capital & Divisional Hurdles Rates

      • Fund Raising, PE Investments, & Public Capital

      • Real Options and Strategic Investments

      • Mergers, Acquisition, & Divestments

      • Currency & Interest Risk Management

    • Corporate Governance

      • Corporate Governance

      • ESG

      • Shareholder Value Creation & Economic Value Added

      • Drivers of Shareholder Value Creation

      • Shareholder Value Creation through IPO and M&A

    • Digital Transformation

      • Digital Innovations and Future of Business

      • Digital Strategy for Organisations

      • Digital Business Models and Platforms

      • Industry 4.0 and Gen AI - Implications for Organisations

      • Financial Blockchain and its Applications

      • Competitive strategy and unique competitive positions

      • Strategies in high-velocity environments

    • Deep Finance

      • Fintech Trends - Challenges and Opportunities

      • Digital Disruption in Finance

    • Business Strategy

      • CFO as a Strategic Leader

      • Strategies in a High-Velocity Environment

      • Strategies for Harnessing Growth

      • Strategies for Multinational Corporations

      • Strategies for Family Business Enterprises

    • Design Thinking

      • Design Thinking Principles & Practices

      • Design Thinking Practical Applications

      • Design Thinking for CFOs

     

    Note:

    • Modules/ topics are indicative only, and the suggested time and sequence may be dropped/ modified/ adapted to fit the participant profile & programme hours.

    • The programme curriculum includes individual assignments, group projects & presentations to apply and demonstrate classroom learnings.

    Learning outcomes for real-world impact

    This programme will enable you to:

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    Drive

    financial decisions with value-creating strategies

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    Transform

    digital finance to gain insight, boost productivity, and spot trends

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    Maximise

    value by knowing and influencing key business drivers

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    Mitigate

    risks by designing capital strategies that align expansion goals with prudent risk management

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    Grounding

    operations in robust financial criteria and business models

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    Leading

    teams towards growth and tackling globalisation issues by building alliances

    Programme Directors

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    Prof. Vivek Rajvanshi

    Professor, Academic Group: Finance and Control, Indian Institute of Management Calcutta

    Vivek Rajvanshi is a Professor in the Finance & Control group at Indian Institute of Management Calcutta (IIM-C), where he also serves as Coordinator of the Financial Research...

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    Prof. Ramya Tarakad Venkateswaran

    Professor, Academic Group: Strategic Management, Indian Institute of Management Calcutta

    Ramya Tarakad Venkateswaran is a Professor in the Strategic Management Group at Indian Institute of Management Calcutta (IIM Calcutta). She earned her Fellow-Program in Manage...

    Note: Programme Directors might change due to unavoidable circumstances, and reviseddetails will be provided closer to the programme start date.

    Participant Testimonial

    Post my MBA from NUS, Singapore, in Mar 2021, I came across the CFO Programme by IIM Calcutta with the huge opportunity to network amongst the top Finance Leaders in India, which looked exciting, and ...
    Sumesh Balakrishnan-Testimonial
    Sumesh Balakrishnan
    CFO & Founding Team at Cognida.ai, Asia’s Top 100 Power Leaders In Finance
    Cognida.ai
    This programme has helped unleash the thought process required when entering CXO levels. The structure and scope of the programme are designed to align with market needs, and this programme being offe...
    arihant-bothra-Testimonial
    Arihant Bothra
    CFO
    Ddev Plastiks Industries Limited
    It gives me immense pride to announce that I have successfully completed IIM Calcutta's Chief Financial Officer (CFO) Programme. It was an exciting journey with experienced and dynamic leaders across ...
    Kalyanaraman Gopalan
    Kalyanaraman Gopalan
    Head of Finance
    Projects, Siemens Gamesa
    Interacting with leaders from various industries provided a valuable opportunity to enhance my knowledge and broaden my understanding. I was particularly impressed by the structured design of the modu...
    Prashant Hiremath (Batch 4)
    Director, GBS Strategy and Transformation,
    Iron Mountain
    The faculty and training modules were of exceptional quality, incorporating modern methodologies that were clearly and effectively conveyed. The curriculum was thoughtfully designed, reflecting the ev...
    Daulat Roy (Batch 4)
    Senior Manager Commercial Finance,
    Haleon
    Engaging with over 90 accomplished professionals from around the world provided a valuable platform for exchanging insights and fostering meaningful professional connections.
    Paresh Tanavade (Batch 4)
    Virtual CFO,
    Startups, SMEs, and Corporate Entities
    The use of case studies and simulation-based learning significantly enhanced the overall learning experience, particularly during the strategy sessions.
    Ram Khandelwal (Batch 3)
    Head of Finance,
    BUSINESSNEXT

    Past Participant Profiles

    Work Experience

    past-participant-iimc-cfo

    Top Industries

    • Banking & Finance

    • Healthcare

    • IT Services

    • Manufacturing

    • Retail

    • Others*

    *Others include Infrastructure, Consulting, E-commerce, FMCG, and Telecommunications, amongst others.

    Top Job Titles

    • Chief Financial Officer

    • Director - Finance

    • Vice President Finance

    • Finance Controller

    • General Manager - Finance

    • Chief Accountant

    ...amongst others.

    The IIM Calcutta Advantage

    #1

    Best B-School
    SOURCE: (BT-MDRA, 2024)

    #2

    India’s Best B-School
    SOURCE: (Fortune, 2024)

    #1

    Best B-School in India
    SOURCE: (Open Magazine, 2024)
    IIML-CFO-Intro-video

      IIM Calcutta Executive Education Alumni Status

      Upon successful completion of the programme, participants will receive the prestigious IIM Calcutta Executive Education Alumni Status. Participants become alumni of IIM Calcutta Executive Education with the following benefits:

      • LDP participants who complete the programme successfully become the Alumni of IIMC Executive Education, which currently has 27000 members

      • LDP Alumni are given an email-id in the IIM Calcutta domain.

      • LDP Alumni can register in the IIM Calcutta Alumni portal either with this email-id or with their personal email-ids. The IIM Calcutta Alumni portal is a common platform for Alumni of all programmes of the Institute to interact with each other and stay connected with the Institute.

      • The Institute shares newsletters, important news and articles about the Institute and its activities, the achievements of the Institute's faculty, staff, students and alumni, upcoming events and programmes etc., on the portal.

      • Alumni can post their achievements, write about jobs or LIVE project opportunities for other alumni to see.

      • The IIM Calcutta alumni network can also be accessed on mobile phones through the mobile app.

      • Executive Education Alumni are entitled to a discount of 5% on the programme fee if they opt to do another LDP.

      • By using the different features of the IIM Calcutta portal, alumni across programmes can engage with each other in many meaningful ways. It is up to the alumni themselves to leverage the platform

      Note: The Executive Education Alumni benefits are subject to the discretion of the IIM Calcutta.

      IIM Calcutta Programme Certificate

      IIM Calcutta Programme Certificate

      Participants will be awarded a completion certificate and the IIM Calcutta Executive Education Alumni Status on successful completion of the course. Successful completion of the programme will require a participant to:

      • Have an overall attendance of 75% and

      • Obtain no more than two "Poor" grades in the whole programme.

      • Participants with requisite attendance but with more than two "Poor" grades will receive a certificate of participation.

      • Failure to take an examination will result in the participant getting an "incomplete" status, and no certificate will be awarded to the participant.

      Note:

      • The certificate shown above is for illustrative purposes only and may not be an exact prototype of the actual certificate.

      • IIM Calcutta reserves the right to change the certificate and specifications without notice.

      Our Past Participants Work at

      Note: All product and company names are trademarks or registered trademarks of their respective holders. Use of them does not imply any affiliation with or endorsement by them.

      Pay Later - Finance Options

      Programme Fee

      Maximum Loan Amount Available

      Tenure (months)

      EMI

      INR 6,70,000 + GST

      INR 7,51,070

      36

      INR 27,769

      Note:

      • The above EMI's are indicative. The EMI's offered by each of the loan providers might vary from the above figures, depending upon tenure and loan amount to be disbursed.

      • Other EMI tenures available (Months): 6/12/18/24/30/36/42/48

      FAQs

      The IIM Calcutta Chief Financial Officer Programme, a one-of-a-kind CFO course, is designed for graduates/post graduates in any discipline with 50% aggregate marks from AICTE or UGC approved University, and having a minimum of 10 years of work experience as on 31 March 2026. Exception will be made in case of non-graduate qualified CAs if they have a minimum of 10 years of work experience as on 31 March 2026. Candidates should be working at the time of filling up the application form, and in case of non-working candidates who are interested in enrolling can submit their application, the selection will remain at the discretion of the Programme Directors only.

      This IIM Calcutta CFO course is designed for finance leaders looking to advance to the highest level of leadership role with the ability to spearhead business transformation. The programme is best suited for: new and emerging CFOs looking to lead new and existing financial strategies, gain a competitive advantage, and enhance business value. Senior-level professionals who aspire to take charge of the CFO role and other financial leadership roles in the future. Business heads, CXOs, and financial leaders who are at the forefront of financial decision-making in their organisations.

      From strategic performance management to C-suite leadership, the programme equips you with the tools and insights needed to navigate corporate restructuring, lead transformation, change management, and spearhead digital and finance technology investments, while also fostering ethical financial leadership, innovative thinking and business profitability. This programme will gear aspiring and emerging CFOs and financial leaders to strike balance in the C-Suite with expertise beyond the finance function.

      This course includes live online sessions conducted by IIM Calcutta faculty, providing interactive and engaging learning experiences, which will provide a holistic CFO training. Additionally, there’ll be seven-day campus immersion (across 2 visits) in which the participants will get a chance to interact with like-minded peers, finance leaders and CXOs.

      The total fee for the IIM Calcutta Chief Financial Officer Programme is INR 6,70,000 + GST.

      Yes, flexible payment options are available, including installment plans to help manage the fee payment for this CFO course. Detailed information about these options can be obtained from the program advisors.

      A chief financial officer or chief finance officer (CFO) is a senior executive responsible for managing the financial actions of a company. The CFO's duties include tracking cash flow and financial planning as well as analysing the company's financial strengths and weaknesses. The CFO also proposes corrective actions. For the future CFO, the current role is one of dynamic leadership – leading the new wave of finance transformation, optimising finance technology investments, leading drivers of change, and spearheading profitability with a sound understanding of environmental impact on business.

      Enrolling in the IIM Calcutta Chief Financial Officer Programme empowers finance professionals to transcend routine accounting and become strategic business leaders. You’ll master core CFO competencies—like financial and economic strategy, governance, capital markets—while also embracing digital transformation, AI-powered finance, and design thinking to lead innovation. With a flexible format—spread across weekly live online sessions plus two immersive campus visits—this programme fits seamlessly into a busy professional schedule. Delivered by top IIM Calcutta faculty and backed by its prestigious triple‑accredited (AACSB, EQUIS, AMBA) reputation, participants also gain Executive Education Alumni status and access to a powerful network of finance leaders. A rigorous capstone project, peer-led case discussions, and real-world simulations ensure the learning is immediately applicable, preparing you to make data-driven decisions, manage stakeholder expectations, and spearhead organisation‑wide growth with confidence.

      IIM Calcutta will conduct examinations and other evaluation methods required for certification. The online examinations will be conducted over the proctored examination platform of Emeritus. Successful completion of the programme will require a participant to (a) have at least 75% overall attendance in the programmes and (b) obtain no more than two "Poor" grades in the whole programme. IIM Calcutta will award a certificate of successful completion to participants who complete the programme successfully. Participants with requisite attendance but with more than two "Poor" grades will receive a certificate of participation. Failure to take an examination will result in the participant getting an "incomplete" status, and no certificate will be awarded to the participant.

      The IIMC CFO programme includes 7-days of campus immersion (across 2 visits) wherein participants can collaborate and network with like-minded peers and CXOs. The programme's delivery is live online during which the participants can interact with peers from their cohorts.

      On successful completion of the programme, participants will be eligible for the prestigious IIM Calcutta Executive Alumni Status. These participants will subsequently receive the alumni registration details from IIM Calcutta.

      Early registrations are encouraged. Seats fill up quickly!

      Flexible payment options available.

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