Investement Banker - CIB
About The Program
The Body of Knowledge
The CIB Approach
Skills to Succeed
Period of Validity of Enrollment
liberalization and decontrol have transformed the economic landscape
of India. Globalization of the economy is at the forefront of the reforms
agenda of the Government. The impact of the reforms process was most
pronounced on the investment banking industry. The entry of foreign
investment banks like Morgan Stanley, Merrill Lynch, Goldman Sachs,
Jardine Flemming, etc. has brought about the much needed professionalization
in this crucial sector. The abolition of controls enabled the investment
bankers to offer customized financial engineering solutions suited to
their clients' requirements. Apart from tapping domestic markets, corporates
are increasingly accessing the global markets. This has widened the
business avenues of the investment bankers by providing newer services
like loan syndication, advisory services and managing mandates for offerings
of American Depository Receipts (ADRs), Global Deository Receipts (GDRs),
etc. Placement of shares/bonds with Foreign Institutional Investors
(FIIs) has also emerged as a lucrative business opportunity.
CIB Program offered by SCIB is specifically designed and developed for
the benefit of postgraduate students and professionals/working executives
engaged or interested in the area of investment banking and corporate
program has the following objectives :
- To develop
a new body of knowledge and make it available for those seeking challenging
careers in the new era of liberalization and globalization;
- To introduce
participants to the financial system and capital markets both in India
- To impart
a strong conceptual foundation in investment banking;
- To give
adequate exposure to emerging areas like securitization, financial
engineering, infrastructure financing, etc;
- To prepare
individuals capable of providing leadership to investment banking
organizations operating in globalized environment.
Body of Knowledge
the body of knowledge of the CIB Program as covering three interrelated
Core body of knowledge : Specialized fields and skills which are
essential to business and its orderly functioning.
evolving concepts, techniques and strategies : Debated and tested
by researchers and practitioners but not yet understood well enough
to be included in the core areas.
frontiers : The newest ideas, speculative and often controversial,
but offering the promise of practical insights into the process of
analysis, and decision-making.
the realm of knowledge at the frontiers and gradually as they are tested
and refined, move towards the core body of knowledge.
Program follows five distinctive but inter-related approaches:
Studies aimed at improving candidates’ understanding of certain
fundamental phenomena and relationships underlying the changing world.
Studies linking the theoretical studies to the practical problems
faced by investment bankers.
Exposure to industry practices takes place through a variety of
activities like project work, management development programs, seminars,
Perspective to business by encouraging the candidates to appreciate
and get exposed to the international business environment and practices.
Focus aimed at inculcating in the candidates an ethical approach
in their professional interactions and a sense of personal, corporate,
and social responsibilities.
in mind the avenues open to candidates who take up the CIB Program,
this course would be useful for:
and Accounting Professionals like CFAs, CAs, CWAs, CSs, MBAs who seek
careers in investment banking.
employed in the merchant banking departments of banks and financial
working in the corporate finance/treasury departments of corporates/banks.
and managers engaged in financial services and securities markets.
pursuing professional courses like CFA, CA, CWA, CS, CAIIB, TFM, etc.
pursuing full-time postgraduate programs in commerce, economics, mathematics,
statistics and management.
individuals associated with financial markets.
of activity in investment banking requires constant monitoring and managing.
To succeed in these areas, candidates should possess the following skills:
and interpersonal skills
to withstand pressure
categories of applicants are eligible for admission into the CIB Program:
CAs, CWAs, CSs, CTMs and CPMs.
with PG qualifications like PGDBA/MBA/MMS/MFC (Master of Finance &
Control)/MIB (Master of International Business)/MBE (Master of Business
Economics)/MCom/MA (Eco)/MSc (Maths), MSc (Stats) etc.
following categories of candidates are also eligible to enroll into
the CIB Program, provided they are graduates.
who passed CFA (Level I), CA (Inter), CWA (Inter), CS (Inter) or CAIIB
with CAIIB qualification.
students of the PGDBA/MBA/MMS/MFC/MIB/MBE/MCom programs with business
schools/University Departments, IIMs and other reputed institutions.
students of MCom/MA (Eco)/MSc (Maths)/MSc (Stats).
having a minimum of five years working experience in executive capacity
in finance/commercial banking/investment banking sector.
Program may be completed in a period of 12-18 months.
of Validity of Enrollment
enrollment of a candidate in the CIB Program is valid for three years
from the date of enrollment. Candidates who are unable to complete the
program within the three-year validity period, but, keen on continuing
in the program, are required to register de novo.
CIB Program covers all the important topics related to investment banking.
The broad areas in which the body of knowledge is developed and the
candidates will be examined, are divided into Three Groups consisting
of Two Parts each.
The structure of the CIB Program and details of marks and time allotted
for each Part is given below:
Part I : Financial Markets and Environment
Part II: Economics and Corporate Finance
Part III: Investment Banking I
IV: Investment Banking II
Part V : Managing Investment Banking Organizations I
Part VI : Managing Investment Banking Organizations II