Advanced Strategic Management Programme
Become educationally proficient in Strategic subjects from the perspective of large multinational organizations by enrolling for this programme.
Online
12 Months
2,50,000 INR Quick Facts
| Medium Of Instructions | Mode Of Learning | Mode Of Delivery | Frequency Of Classes |
|---|---|---|---|
| English | Self Study, Virtual Classroom | Video and Text Based | Weekdays, Weekends |
Course Overview
For a large number of Fortune 500 companies, Senior management and the professionals in CXO roles are often tasked with mapping the corporate strategy of the firm. For the lucrative remuneration that these positions draw, it is imperative that they have a vision which is cognizant of the as-is resource structure of the company and the desired future state in order to achieve the long term goals.
This Certificate in Advanced Strategic Management Programme is India’s benchmark educational experience that brings the art of strategy formulation with sound economics know-how to the fore. the students learn managerial economics to its very core with an aim to perfect functional strategies. The classes are online with a special on-campus module reserved for the end.
Competitive advantage creation and monitoring is taught as a separate module, while another segment consists of the exciting arena of corporate diversification strategies. The participants get to immerse in the ever so debated Corporate governance matters and the wide array of solutions that it brings to the fore.
The Highlights
- Online classes
- 12 months duration
- Experienced faculty
- Special corporate packages
- Professional Certificate program
Programme Offerings
- Dedicated strategic concepts
- Interactive pedagogy
- Industry-rich professors
Courses and Certificate Fees
| Certificate Availability | Certificate Providing Authority |
|---|---|
| yes | IIM Kozhikode |
The tuition fee for the Certificate in Advanced Strategic Management Programme is as follows:
Programme Fee: INR 2,50,000 + GST
| Instalments | Instalment Amount in INR |
| Booking Amount | INR 25,000 + GST |
| Instalment 1 | INR 38,000 + GST |
| Instalment 2 | INR 1,00,000 + GST |
| Instalment 3 | INR 62,000 + GST |
| Instalment 4 | INR 25,000 + GST |
Note: GST (currently @ 18%) will be charged
Application Fee Details
Instalments | Application Fee in INR |
Round 1 | INR 2,000 + GST |
Round 2 | INR 2,500 + GST |
| Round 3 | INR 3,000 + GST |
| Round 4 | INR 3,000 + GST |
Eligibility Criteria
Work experience
It is recommended that graduates have finished 7 years of professional paid work experience while the same for Postgraduates is kept at 5 years
Education
Graduates and above may apply
What you will learn
The following is a list of key takeaways from this course:
- Apply the Financial fundamentals to success in Strategic consulting assignments
- Master the founding principles of Cash flow analysis and its relevance in International trade
- Become proficient in deeming Capital expenses fit or otherwise given the nexus of profits to be made based on that decision
- Manage Working Capital within the complex value chain of the organization with its vendors and clients
- Recognize that a strategy aimed at achieving a goal as a subset of one function of the organization should be scrutinized with respect to the capabilities and achievements of that function only. In other words, an operations strategy evaluation should have nothing to lose if the brand marketing goes into a downward spiral
- Utilize the organization’s current capabilities to its optimum performance to demonstrate impressive utilization numbers to the stakeholders
- Gain a deep understanding of recognizing the firm’s true value across its functions and clearly map out the delta to be bridged in order to gain a competitive advantage
- Learn the basic framework associated with a successful international strategy and the choice of territorial businesses, both small and medium
- Clearly master the nuances associated with Strategic alliances as they almost always have very high stakes involved across a plethora of functions for all the parties involved
- Equip yourself with real-life strategy lead roles by immersing in a unique case simulation setup with fellow peers
- Evaluate Corporate governance footprints set forth with the insights unfolded by appropriate Analytics measures in cross-functional deployment
- Collate and draw synergies from the company’s work culture, its corporate structure, and the corresponding risks it presents to the long term growth
- Acknowledge the role of Change Management in consulting assignments
- Inculcate a strong sense of Design thinking along with its contribution to the organizational strategy
- Experience the exclusive on-campus module of this program to undertake strategy simulation and engage in case discussions on strategic decision making
Who it is for
Professionals making the most of this Advanced Strategic Management are those who want to step-up their professional prowess in designing Corporate Strategy for large multinational companies. Those looking to immerse in a formal educational environment around subjects related to competitive advantages and the strategies to put them into effect will find this course particularly useful. Thus, professionals at the following career points in their life are likely to gain the most:
- Senior Management consultants and engagement managers seeking to expand their client base in the Strategy consulting vertical
- Professionals from the C-suite segment-leading their respective business functions, looking to stay abreast with updated corporate strategy
- Small business owners and startups who want to get accustomed to industry best practices in strategic management in order to scale their businesses
- Professionals eyeing the Corporate governance roles and thereby needing formal upskilling in how the daily affairs function in corporate systems
Admission Details
The admission steps for the Certificate in Advanced Strategic Management Programme are:
Enrolment
Please follow the instructions on the course page to apply for the program. The “Apply Now” link will be activated for courses for which the commencement date has been finalized.
Application portal
Please make a selection of your preferred email address. We recommend that the email address you choose have access on your mobile device as well in order to receive timely updates regarding the course progression. A standard OTP process would follow wherein the said email address would get verified.
Once the formalities are done, please provide your academic history by way of questions asked on the application portal as well as your employment channels. Please note that there is an optional SOP section that you may fill for strengthening your qualification chances.
Payment
The tuition fee is payable in full at the last step of this process to gain access to the course.
Application Details
The application form is embedded online and follows the structure defined in the above section.
The Syllabus
- Introduction to Strategy - Past-Present-Future
- Strategic Consulting and Strategic Planning
- Foundations of Strategy Formulation
- Planned vs Emergent Strategy
- Environmental Uncertainty and Strategic Planning
- Scenario Planning
- Industry Analysis
- Measuring and Reporting Financial Position and Financial Performance
- Cash Flow Analysis
- Analysing and Interpreting Financial Statements
- An overview of Management Accounting
- Making Capital Investment Decisions
- Managing Working Capital
- The Critical Concepts of Economics
- Fundamentals of Supply and Demand
- Economics of Uncertainty
- Capital, Interest, and Profits
- International Trade
- An Overview of Macroeconomics
- Economic Growth
- Operations Strategy
- Marketing Strategy
- Human Resources Strategy
- Firm Resources and capabilities
- Value Creation and Value Chain
- Competitive Advantage
- Competitive Strategy
- Business Strategy in a Globalised Digital & Highly
- Regulated World
- Corporate Diversification Strategy
- Achieving Growth through Acquisitions
- Making Strategic Alliances Work
- Internationalisation Strategies
- Balanced Scorecard
- Strategy Implementation using Analytics
- Strategy and Organisational Structure
- Strategy and Organisational Culture
- Strategy and Organisational Communication
- Implementation Risks & Mitigation
- Business Models of the Future
- Digital Transformation Strategies
- Design Thinking and its Application in Organisational Strategy
- Strategic Leadership and Change Management
- Leading High-performance Teams
- Leading organisations into a new paradigm/ growth strategies
- Leadership inspired by Indian culture (Bhagavad Geeta and Indian Mythology)
- Corporate Governance
- Corporate Entrepreneurship
- Why Design? : Introduction to Design Thinking Philosophy
- Deep Dive to Understand the Use Contexts
- Exploring Possible Solutions: Design Thinking Processes & Tool Kits
- Strategy Simulation
- Capstone Project Presentations
Instructors
IIM Kozhikode Frequently Asked Questions (FAQ's)
This course is suitable for candidates with over 7 years of work experience after their graduation. Thus, it is not suitable to be undertaken without meeting that requirement.
This program is delivered online and thus doesn’t need its participants to travel to study-centers.
The learnings from the Advanced Strategic Management program can be applied to international companies as well. However, we don’t have a placement cell for this course.
Yes, please reach out to us on the phone number mentioned or the email address with a request to receive a GST invoice. The corresponding department will revert with the required documents in order for us to do the needful.
The following system configuration is recommended:
- A Dual core 2 GHz or better Processor (Intel Core i3/i5)
- In-built Webcam
- Built-in, USB, or Wireless Speakers and Microphone
- 4 GB or higher DDR3 RAM
- Operating System: MacOS 10.7 or Windows 8
Dr. Nandakumar is the Associate Professor for Strategic Management.