Short ProgrammesFinance and Risk Immersive learning experiences for unparalleled insight and inspiration

Contents

03 Introduction

06 Finance for Non-Finance Managers

08 The Integration of Finance andStrategy for Value Creation

10 A Complete Course in Risk Management

12 Our faculty

15 Contact information

The programme was very well organised and we had excellent teachers who really brought the subject to life through interesting case studies, which made me want to learn more. It was also a pleasure to interact with other professionals from all over the world, which made for a highly enjoyable experience.

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03 Introduction

06 Finance for Non-Finance Managers

08 The Integration of Finance and Strategy for Value Creation

10 A Complete Course in Risk Management

12 Our faculty

15 Contact information

All of our programmes explore the very latest financial and risk-related theories, deliver practical skills and put them to the test in real-world contexts. You’ll also tap into innovative thinking outside the financial bubble. We’ll hear from world-leading experts in mathematics, science and other related fields about how their worlds are impacting yours.

It’s all too easy to follow the same old processes. But, with the world changing at an unprecedented pace, shouldn’t the way we work be evolving with it? It’s time to shake off the shackles of tradition and consider fresh ways of thinking.

That’s where our finance programmes come in. Drawing on Imperial’s century-long tradition of innovation and discovery, we’ve created a safe yet dynamic environment for you to experiment and explore.

Whether you’re a financial or non-financial executive, you’ll be challenged to think creatively about finance and risk to make you and your organisation more competitive and sustainable.

Introduction

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To think differently, you need to learn differently. Through our immersive Impact Lab™ approach to Executive Education, you’ll be challenged to unpick your current thinking and exposed to bold, new ideas.

You’ll go way beyond the classroom. Impact Lab™ is more than an approach. It’s a series of expert guest speakers, simulations and provocative, interactive experiences designed to test you in unfamiliar environments and scenarios.

Take the Performance Simulator at the Royal College of Music. Here, you’ll be out on your own delivering a speech or report to a demanding virtual audience. Then there’s the Carbon Capture Lab. This simulation will see you split into one of two groups: one on a North Sea oil rig and the other back at the plant on dry land. An alarm goes off and you can only communicate via email. With the clock ticking and the pressure mounting, will you and the other team be able to find a solution? How much risk will you take?

Maybe you will be exposed to the Inflatable Operations Theatre where you can see surgeons and patients interacting during an operation. Understanding customers can be learnt in very different ways. We choose to take you out of your comfort zone and learn by analogy and through experience – in a more dramatic way than anywhere else indeed – what a truly customer centric approach is.

This is high-impact learning designed to inspire and get you thinking differently.

The Impact Lab™

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Finance Programmes

5

Finance for Non-Finance Managers

Faculty

Franklin AllenProfessor of Finance and Economics

John PercivalProfessor of Finance

The programme

In today’s business world, understanding financial and accounting issues are key for career progression in any sector. This programme offers managers who have no formal financial education or training the possibility to understand the key fundamentals of both finance and accounting on a global scale. Accounting allows you to get an instant view on the health of your organisation whereas finance will give you the tools to create future value for stakeholders. Both are the foundations for investment and operational and financing decisions. You will interact with peers from all over the world and develop your network. Internationally renowned faculty from Imperial College Business School ensure that participants are equipped to understand and to critically analyse finance in preparation for making sound business decisions.

Duration: 5 days

Who should attend?

Mid-level managers

Non-finance managers

Industry specialists

Benefits for you

The ability to intelligently use financial information

Learning the key financial metrics

Understanding the link between operating decisions and financial results

Acquiring a managerial accounting foundation

Benefits for your organisation

Transfer of knowledge to your organisation

Increased efficiencies and profitability

Value creation

Critical thinking

Autonomous decision making

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Finance Programmes

Key topics

Using financial information intelligently

Review of financial statements

Measuring performance

Analysing risk

Using discounted cashflow

Integrating finance and strategy

Financial strategy and capital structure

Creating value

Understanding merger processes

Integrating the current financial situation

The Impact Lab™ experience

Our Impact Lab™ approach provides you with the unique experience of participating in a Performance Lab session at the Royal College of Music. You will have the opportunity to develop your communication and presentation skills in a risk-free environment whilst utilising your newly acquired financial tools.

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The Integration of Finance and Strategy for Value Creation

Faculty

Franklin AllenProfessor of Finance and Economics

John PercivalProfessor of Finance

The programme

Board level decisions are often driven by financial information. This programme assists you in understanding the global context of finance as well as analysing risk and developing value driven proposals. Internationally renowned faculty from Imperial College Business School ensure that participants are equipped to understand and to critically analyse finance in preparation for making sound business decisions.

Interacting with the board of your company and external stakeholders demands sound financial knowledge of what drives future growth not only nationally but also internationally. You will be able to broaden your existing professional network and interact with peers from all over the world.

Duration: 3 days

Who should attend?

Senior managers

Directors

Executives

Business owners

Future board members

Benefits for you

Appreciating the role of financial strategy (financing, dividends and share repurchases) and the link to operating strategy

Creating value

How to use mergers and acquisitions to complement and supplement organic growth

Managing risk

Benefits for your organisation

Transfer of knowledge to your organisation

Value creation

Strategic decision making

Stakeholder management

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Finance Programmes

Key topics

Creating value

Using discounted cashfl ow and its issues

Taking fi nancing decisions

Understanding the current fi nancial situation globally

Making successful mergers

The Impact Lab™ experience

Our Impact Lab™ approach provides you with the unique experience of participating in a Performance Lab session at the Royal College of Music. You will have the opportunity to develop your communication and presentation skills in a risk-free environment whilst utilising your newly acquired fi nancial tools.

Faculty

Robert KosowskiAssociate Professor of Finance

Enrico BiffisAssociate Professor of Actuarial Finance

Damiano BrigoChair and Co-Head of Mathematical Finance

David MilesProfessor of Financial Economics

Paolo ZaffaroniProfessor of Financial Econometrics

Markus KrebszInterim Chief Risk Officer

The programme

Risk specialists are confronted with a widening gap between theory and practice. Effectively practising risk management requires a broad and solid foundation of knowledge. This intensive programme provides delegates with such a foundation. Beginning with the essential elements of finance, risk measurement, markets and financial instruments, participants are then introduced to the best practices of market, credit and operational risk management. The final sessions focus on integrating the knowledge gained into a capital allocation framework and study of governance best practices.

Duration: 5 days

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Finance Programmes

A Complete Course in Risk Management

Who should attend?

Chief risk officers and senior risk management staff

Market, credit liquidity or operational risk specialists

Regulators, auditors and supervisors

Operations and IT personnel

Financial engineers

Business managers and middle office personnel

Participants will be expected to have good quantitative skills.

Benefits for you

Evaluate risk management frameworks and practices in an applied industry setting

Critically assess risk management reports and research

Identify the limitations and the positive role of risk management in real-life situations

Examine changes in risk management practices as a result of paradigm shifts in global banking, insurance and asset management

Analyse the mechanism of corporate governance and its critical relationship to and with risk

Be able to explain current governance best practices

Investigate the catalyst role that regulation currently plays in the markets

Benefits for your organisation

This programme includes a full day of counterparty and enterprise risk management

Focus on three different industries: banking, insurance and asset management

Key topics

Foundations of risk measurement

Foundations of risk finance theory

Financial markets and instruments

Market risk management

Credit risk management

Operational risk management

Capital allocation

Counterparty and funding risk

Enterprise risk management

The Impact Lab™ experience

Our London location allows us to draw on highly experienced guest speakers who are very much thought leaders in their domain.

With access to Imperial’s innovative resources, you can experiment with risk in a safe environment. The Impact Lab™ experience allows you to put theory into practice and learn differently.

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Enrico Biffi s Associate Professor of Actuarial Finance, Imperial College Business School

Enrico’s areas of expertise are asset liability management, with emphasis on risk analysis and hedging strategies for the insurance and pensions industry, as well as alternative risk transfers for large and long term risks exposures. He is a regular speaker at academic and industry events, including Risk Theory Society, Risk Minds Insurance, and Global Derivatives.

Damiano Brigo Chair and Co-Head of Mathematical Finance, Imperial College London

Formerly Gilbart Professor at King’s and Managing Director of Fitch, Damiano published 70+ works in mathematical fi nance, probability and statistics, and fi eld reference books in interest rate and credit modelling. Damiano’s interests include pricing, risk, credit, funding, and stochastic models for commodities and infl ation. Damiano holds a PhD in diff erential geometric stochastic fi ltering.

Robert Kosowski Associate Professor of Finance,Imperial College Business School

Robert is an associate member of the Oxford-Man Institute of Quantitative Finance at Oxford University and a member of AIMA’s research committee. Robert has consulted for private and public sector organisations and has worked for Goldman Sachs, the Boston Consulting Group and Deutsche Bank. His policy related advisory work includes: Specialist Adviser to UK House of Lords (2009-2010), Expert Technical Consultant (International Monetary Fund, USA, 2008).

Franklin AllenProfessor of Finance and Economics, Imperial College Business School

Franklin is Executive Director of the Brevan Howard Centre and Professor of Finance and Economics at Imperial College London. He is currently on leave from Wharton School of the University of Pennsylvania where his role is Nippon Life Professor of Finance and Professor of Economics.

Our faculty

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Finance Programmes

Markus KrebszInterim Chief Risk Offi cer,Imperial College Business School

Markus is a Chief Risk Offi cer and Seasoned Risk Specialist with more than 20 years experience in global fi nancial markets, thereof 15 years in Risk. Ex-Rating agency analyst and Subject matter expert for Credit Ratings, Structured Finance and Credit risk. More recently with an increasing focus on regulatory compliance, operational, conduct, systemic risks and cyber security.

Markus is a well regarded speaker and author/editor of several books and other technical publications.

John PercivalVisiting Professor of Finance,Imperial College Business School

John is the founder and currently is CEO of JRP Associates. He taught fi nance at the Wharton School of the University of Pennsylvania from 1971 until June of 2014. At Wharton, he held the positions of Adjunct Professor of Finance, Assistant Professor of Finance and Associate Director and Associate Vice Dean of the MBA Programme.

Paolo Zaff aroniProfessor of Financial Econometrics, Imperial College Business School

Paolo’s main research interests are fi nancial econometrics and econometric theory as well as risk management and asset allocation. His publications include papers in the Annals of Statistics, the Journal of Econometrics, the Journal of Time Series Analysis, the Journal of Empirical Finance, the Journal of Monetary Economics and Econometric Theory. He teaches on a variety of Executive Education programmes.

David Miles Professor of Financial Economics,Imperial College Business School

As an economist, David has focused on the interaction between fi nancial markets and the wider economy. He was Chief UK Economist at Morgan Stanley from October 2004 to May 2009. He has been a specialist economic advisor to the Treasury Select Committee. In Budget 2003, the Chancellor commissioned Professor Miles to lead a review of the UK mortgage market.

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Finance Programmes

Find out more:

Julie Coyne

T: +44 (0)20 7594 2605

E: j.coyne@imperial.ac.uk

W: imperial.ac.uk/business-school/executive-education

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Disclaimer: While all reasonable efforts have been made to ensure that the information in this publication is correct, matters covered by this publication are subject to change.

Imperial College Business School accepts no liability for any loss or damage caused by errors or omissions, howsoever caused.

Published December 2015.

Executive Education Finance and Risk Programmes

Find out more:

Julie Coyne

T: +44 (0)20 7594 2605E: j.coyne@imperial.ac.uk

Imperial College Business School South Kensington Campus London SW7 2AZ United Kingdom