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Course Starts
30th March, 2025

Course Fees
₹2,05,000 + GST

Duration
11 Months

Programme Overview

The aggressive demand for FinTech has been facilitated by the advent of disruptive technologies, predictive analysis, and Big Data. IIM Kozhikode's Professional Certificate Programme in FinTech covers the concepts of financial modelling, blockchain, and cryptocurrency that are necessary to address FinTech problems, adapt to recent FinTech trends, and tackle financial security issues.

Course Highlights

Campus immersion module of 2 days.

IIM Kozhikode Executive Education Alumni status.

11-month online programme.

Practical experience to brace dynamic financial industry.

Course Content

Part 1: Disruption in FinTech

  • Introduction to FinTech
  • FinTech in Banking and Finance
  • Digital Disruption in Financial Markets
  • Innovation and Transformation in FinTech
  • Understanding the Fin System, TechFin, Digital banking

Part 2: FinTech Trends

  • Digital Banking
  • Robo-advising
  • Peer-to-peer Lending
  • Reg-tech
  • Wealth-tech
  • Insur-tech
  • Payment-tech
  • Blockchain
  • Cryptocurrencies
  • Payment developments, Crowdfunding and Payments, AI/ML and IoT,
  • oud, GenAI, Web 3.0, AR/VR
  • Online Quiz (2 numbers)

Part 3: Data-driven FinTech Analytics

  • Credit Scoring and AI Implementation
  • FinTech Innovation Using IoT
  • Detection of Fraud
  • Algorithm – Risk-based Pricing
  • Detection of Fraud
  • Business Innovation and Business Intelligence
  • Banking 4.0 – Business Model Innovations in BFSI Sectors
  • Project

Part 4: Financial Modelling


Introduction to Finance Modelling

  • Regression Models – Simple and Multiple Regression

Data Modelling in Excel

  • An Overview of Basic Excel Functions like IF Functions, VLOOKUP, etc., Required for Managing Big Data
  • WHAT IF Analysis – Scenario Manager, Goal Seek, Data Table, Solver

Financial Functions in Excel

  • Time Value Functions in Excel
  • Discounted Cash Flow Statements
  • Sensitivity Analysis

Modelling Tools Usage and Simulation Technique

  • Monte Carlo Simulations in Excel for Derivative Pricing
  • VaR and Expected Shortfall (ES) for Measuring Risk
  • Application of Monte Carlo Simulation for Measuring VaR and ES

Optimisation Models

  • Markowitz Mean Variance Optimisation Model
  • Portfolio Optimisation in Excel With Two Securities
  • Portfolio Optimisation in Excel With More Than Two Securities
  • Portfolio Optimisation With and Without Shorting Option
  • Construction of Efficient Frontier by Including a Risk-free Security

Practical/Project

Part 5 – Blockchain & Cryptocurrency


  • Introduction to Blockchain and How It Works?
  • Cryptography, Secret and Public Key Cryptography, Hashing, Distributed Ledger Technology, Proof of Work, How the Blockchains Work?
  • Blockchain in Banking
  • Areas of Blockchain and Banking Interaction
  • Use Cases in the World and in India
  • Benefits and How Blockchain Will Impact the Financial Sector?
  • Blockchain in Cross-border Payments, Reshaping Trade Finance
  • Limitations of Blockchain
  • Can Blockchain be Applied Everywhere?
  • Cryptocurrencies
  • Cryptos and Blockchain
  • Different Types of Cryptos: Bitcoin, Ethereum, Stablecoin, File Coin, and Dogecoin Central Banking Digital Currencies, Initial Coin Offerings
  • Digital Tokens or Blockchain Tokens
  • NFTs – Working and Creating Tokens; Uses and Misuses
  • Smart contracts
  • Smart Contract Applications, Workings and Limitations
  • Exploring the Platform
  • Demo Contract Live Made
  • DAO (Decentralised Autonomous Organisations) and DAC (Decentralised Autonomous Corporations)
  • Rules and Principles of DAO and DAC
  • Blockchain in DAO
  • Applications, Limitations and Regulations
  • Project

Part 6: Big Data Introduction

  • Data Analysis – Big Data, Application in Finance
  • Python and Ecosystem
  • Descriptive Analysis
  • Cross-section, Time Series – Financial Application
  • Predictive Modelling – Applications

Part 7: FinTech in the Real world


Implementation Strategies for FinTech Providers

  • Step-by-step Process of Setting Up.
  • Checklist for Technical Enablers
  • Checklist for Regulatory Compliance

FinTechs as Key Levers for Banking Transformation

  • Open Banking; Traditional vs Modern Banking; Old vs Present vs Future Technologies in Banking Internal and External Processes
  • Technology of Banking Regulatory Compliance

Top Use Cases for FinTech Implementation in Banks

  • Trade Finance, Cross-border Payments, KYC Implementations, New-age Lending

User Experience Design for FinTech

  • UXD, UED, UD Framework for FinTech Apps; Duration, Intensity, Breadth, Interaction, Triggers, and Significance

Service Design for FinTech

  • Service Design Maturity Model – Explore, Prove, Scale, Integrate, and Thrive
  • Service Maturity Indicators – People and Resources, Tools and Capabilities, and Organisational Structure
  • Metrics and Deliverables

Challenges of Doing B2B Business for FinTech

  • The Fight Between Old World and New; How to Make Data Talk, Tackling Regulations and Privacy Issues; The Problems of Serving B2B Firms

Consumers Ask of FinTechs

  • Omnicommerce; Cost vs Value; Financial Supermarket; Trust and Reliability; Technological Simplicity

How Should You Sell Your Proposition?

  • STP for FinTech, Case Studies, CRED and PayTM

To Whom Should You Sell Your Proposition?

  • Target Marketing; Digital Customisation; Aaker’s CBBE, Case Study

Navigating the Organisational Dynamics

  • Organisational Preparedness, Culture Development, Employee Engagement, Strategic Mindset

Project

Essential FinTech Toolkit

Master the Tools That Drive the Industry

The Professional Certificate Programme in FinTech by IIM Kozhikode goes beyond theory, providing you with hands-on experience on the most current tools shaping the future of finance. The following tools will empower you to tackle real-world FinTech challenges and drive innovation.

Harness the power of data analysis and manipulation.

Build robust financial models and conduct insightful analyses.

Leverage machine learning algorithms for predictive modeling and data-driven decision-making.

Transform complex financial data into clear, compelling visualisations.

Explore the frontiers of conversational AI and its applications in FinTech.

Gain practical experience in developing and deploying blockchain solutions.

These tools, combined with a strong foundation in finance and technology, will equip learners with the practical skills and knowledge necessary to excel in the rapidly evolving FinTech sector. The programme's focus on hands-on learning ensures you're not just acquiring knowledge but also developing the expertise to apply it strategically, positioning you for a successful and impactful career in FinTech.

COURSE MASTERY CERTIFICATE
  • Participants who successfully meet the evaluation criteria and satisfy the requisite attendance criteria, will be awarded a ‘Certificate of Completion’.
  • Participants who are unable to clear the evaluation criteria but have the requisite attendance will be awarded a ‘Certificate of Participation’.
  • Successful candidates will also be accorded IIM Kozhikode Executive Education Alumni status.

Note: *All certificate images are for illustrative purposes only and may be subject to change at the discretion of IIM Kozhikode.

PAST PARTICIPANTS HAIL FROM

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.

Past Participant Profile

Top Industries

  • Banking/Mortgage
  • Financial Services
  • Information Technology/IT
  • Capital Markets/Hedge Fund/Private Equity
  • Computer Software/Engineering
  • Law Practice/Law Firms
  • Education Management
  • Legal Services

Top Job Profiles

  • Manager
  • Senior Manager
  • Chief Manager
  • Consultant
  • Assistant General Manager
  • Assistant Professor
  • Associate Vice President
  • Deputy Vice President
  • Executive Director

Testimonials

“By far the best faculty I have been mentored by, very knowledgeable about the industry trends. Advancing knowledge and be aware of latest tech technology is the key in today's scenario, my heartfelt gratitude to them for walking us through the course with ease of understanding the complex subjects. Thank you very much and appreciate."

Aravind Jayaram
IT Consultant at Saudi National Bank

Eligibility

Work Experience:
3 years of relevant work experience.

Academic Qualifications:
Bachelor’s Degree or equivalent (10+2+3 or 10+2+4) or Integrated Masters’ Degree (10+2+5).

Programme Director

Prof. Dr. Pankaj Kumar Baag
Assistant Professor (Grade I) Finance, Accounting, & Control

Dr. Pankaj Kumar Baag is a faculty member at the Indian Institute of Management Kozhikode (IIMK). He is an Assistant Professor and Chairperson of Finance, Accounting & Control Area at IIM Kozhikode. Prof. Baag is a Fellow of IIM Calcutta. He has over 14 years of Industry experience in the banking sector in the USA and India. He has been an NCERT scholar. He is the author of five books. He has over six chapters published in various books. He has won over seven best paper awards in various journals and international conferences. He has over fifteen international publications in various ABDC and ABS accredited Journals. He teaches Commercial Bank Management, Project Finance, Financial Services, Private Equity, Entrepreneurial Finance, Social finance, Financial Intermediation at IIM Kozhikode, besides several other topics in various programmes. He has MFM, M. Com (Banking & Insurance), CAIIB, B.Sc. (Physics Hons.) PGD Banking, PGD Foreign Trade, PGDMM, PGDPM & PGDIR, besides Certificates in LC (Pace University, US), Certificate in OM & FA (Brunel University, UK), Certificate in Econometric Analysis (ICSSR). He has participated in over 50 different MDPs. His research interests are in Credit Risk in Banks; Loan Covenants, Financial Inclusion, ESG, Social Finance, and Fintech. His upcoming books & papers are on Digital Finance, Financial Disruptions, Commercial Bank Finance & 2e of Management Accounting.

Some Significant Book & Book chapters Publications:

  • Kandpal, V. & Baag, P. (2016). Financial Institutions and Markets. ABS Books Publication.
  • Kandpal, V., Kavidayal, P.C., & Baag, P. (2016). Accounting for Management. ABS Books Publication.
  • Baag P, Shankar G & Kavitha P (2017) Management Accounting, Staredu Publication.
  • Baag P & others Wealth Management (2018), StarEdu Publication.
  • Baag P & others – Financial Engineering & quantitative Risk Analytics (2020), SybGen Publication.
  • Baag P & Others – Book Chapter- Evaluation of Financial Inclusion in the Villages of India: Qualitative Research – Grounded Theory Approach: Precursor to Digital Gaon in Book.
  • Handbook of Research on Innovative Management Using AI in Industry 5.0 (2021), IGI.

Class Schedule

Sundays
Weekend Session: 09:00 A.M. – 12:00 P.M.