LP - IIMK-CFO - Hero image desktop

Batch 3

Chief Financial Officer (CFO) Programme

Drive business profitability with strategic financial leadership
  • Live online sessions by IIMK (Modules on M&A, IPO, Valuation Strategies and more)
  • Online certificate course from Kellogg Executive Education
  • 3-day campus immersion & gain IIM Kozhikode Executive Alumni Status
  • Capstone project, hands-on business simulations on M&A and more.
Work Experience

STARTS ON

DURATION

11 months

Live online sessions with IIMK faculty (3 hours per week, Sunday 03.30 PM to 06.30 PM IST) and one online certificate course by Kellogg Executive Education

PROGRAMME FEE

GST will be charged at checkout

ELIGIBILITY

With minimum 10 years of work experience

Any Graduate/Diploma holder

Early Enrolment Benefit - INR 16, 700

Emeritus is collaborating with IIM Kozhikode to help you unlock transformative career growth. Enrol before Invalid liquid data and get INR 16,700 programme fee benefit. Limited seats to success available. Claim yours now.

Invalid liquid data

Programme Overview

To enable modern-day CFOs' transformative journey, IIM Kozhikode has launched its Chief Financial Officer (CFO) Programme. This 11-month programme, is designed to transform the career path of new and aspiring CFOs. The programme is delivered via live online sessions by top IIMK faculty and concluded with a three-day campus immersion at IIM Kozhikode. 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 evolving CFOs and financial leaders to strike balance in the C-Suite with expertise beyond the finance function.

Participants will also gain global advantage through learning from one online certificate course by Kellogg Executive Education, on ‘Business Strategies for Growth: Fewer, Bigger, Bolder’.

LP - IIMK-CFO - Programme Overview - Content Image

Programme Highlights - IIM Kozhikode

LP - IIMK-CFO - Icon Image

IIM Kozhikode Executive Alumni Status

LP - IIMK-CFO - Icon Image

Live Online Lectures by IIM Kozhikode Faculty (9 months)*

LP - IIMK-CFO - Icon Image

Capstone Project guided by IIMK Faculty

LP - IIMK-CFO - Icon Image

Networking Opportunities with CXO Peers

LP - IIMK-CFO - Icon Image

Advanced modules on economic dynamics, mergers, acquisitions and IPO, C-suite leadership

LP-

Hands-On Business Valuations

LP - IIMK-CFO - Icon Image

Insights from industry practitioners for a real-world perspective

LP - IIMK-CFO - Icon Image

3-day immersion at IIM Kozhikode Campus

Online Certificate Course Highlights - Kellogg Executive Education

Kellogg-Course Highlights LP 07 Business use cases

Office hours 

Kellogg-Course Highlights LP 02 Live sessions

Live Faculty Webinar*

Kellogg-Course Highlights LP 05 Generative AI

Polls and quizzes

Kellogg-Course Highlights LP 10 Capstone Project

Capstone Project

Kellogg-Course Highlights LP 08 industry examples

Real-world case studies and industry example

Kellogg-Course Highlights LP 01 Self-paced

Self-paced video lectures

Kellogg-Course Highlights LP 09 action learning

Interactive try-it activities

Kellogg-Course Highlights LP 03 guest speaker

Recorded guest speaker sessions

Note:

  • The executive education programme highlights presented above are approximate, and subject to change depending on the availability and expertise of the teaching faculty, as well as the programme's desired outcomes.

  • The programme is designed to be delivered approximately over a period of 11 months, including some occasional breaks that may be provided.

  • The schedule of the executive leadership courses is indicative and the sequence in the learning journey may change as per faculty/school discretion

  • The duration for modules by IIMK and Kellogg Executive Education is tentative. The actual calendar time may be more or less by a few weeks depending on the number of topics covered during on-campus immersion and other variables like breaks provided/not provided.

  • *(Availability subject to change)

Key Takeaways

LP - IIMK-CFO - Icon Image

Master strategic financial decision-making in a dynamic global economy

LP - IIMK-CFO - Icon Image

Navigate mergers, acquisitions, and IPOs with confidence

LP - IIMK-CFO - Icon Image

Harness data analytics for precise, data-driven financial strategies

LP - IIMK-CFO - Icon Image

Innovate through design thinking, fostering creative financial solutions

LP - IIMK-CFO - Icon Image

Lead with integrity, ethical governance and corporate responsibility

LP - IIMK-CFO - Icon Image

Strategically manage risks, safeguarding assets and maximising opportunities

LP - IIMK-CFO - Icon Image

Elevate leadership acumen, influencing across the C-suite with finesse

IIMK-CTO - Gain the global edge with kellogg Executive Education-img

Note: Participants will get to interact with global peers from Kellogg Executive Education's modules during office hours.

Who Is This Programme For?

  • New and Evolving CFOs   Executives new to the CFO role will benefit from the rigorous curriculum, eminent faculty, and indispensable network for navigating the complexities of financial leadership. 

  •  Seasoned Financial Leaders and Business Heads   Seasoned financial leaders and business heads will find the program empowering to orchestrate financial decision-making, catalyzing business growth and maintaining competitive advantage. 

Eligibility:

  • Graduate (10+2+3) or Diploma holders (Only 10+2+3) from a recognised university (UGC/AICTE/DEC/AIU/State Government/recognised international universities).

  • Candidate should have a minimum of 10 Years of experience as of the Programme start date, i.e., ​​30 June 2026.

  • Chartered Accountant (CA) and Company Secretary (CS) are also eligible for the programme.

The IIM Kozhikode Advantage

#4

B-School in India, #76 Global Rank
Source: Financial Times, Open Enrolment Rankings 2025

#3

Top B-School in India*
Source: NIRF, 2025 *MANAGEMENT CATEGORY

Triple Accreditation

from AMBA, AACSB, and EQUIS

Programme Directors - IIM Kozhikode

PROF. SONY THOMAS
Sony Thomas

Associate Professor Finance, Accounting & Control, IIM Kozhikode

Prof. Sony Thomas is working as Associate Professor in Finance, Accounting and Control Area at IIM Kozhikode. He teaches courses on Investment Analysis and Portfolio Managemen...

Prof. Sudershan Kuntluru image
Prof. Sudershan Kuntluru

Professor Finance, Accounting and Control, IIM Kozhikode

Sudershan Kuntluru is a faculty in the Finance and Accounting area. He specialises in teaching financial accounting, financial reporting & analysis and strategic financial man...

Faculty – Kellogg Executive Education

Sanjay Khosla

(Faculty – Business Strategies for Growth: Fewer, Bigger, Bolder) Senior Fellow and Adjunct Professor of Marketing, Kellogg School of Management

Sanjay Khosla is a senior fellow at the Kellogg School of Management, a senior advisor at Boston Consulting Group, and a trained executive coach. He currently advises many org...

IIMK-CTO-Naomi Whittel
Naomi Whittel

(Guest Speaker) Founder of Naomi Whittel Brands and New York Times Best-selling Author

Naomi is an entrepreneur, nutritional expert, and leader in the health and wellness industry. She was named the nation’s leading health innovator in the natural products indus...

Mariela Rovito

(Guest Speaker) Co-Founder and CEO of Eberjey

Mariela is the co-founder and CEO of Eberjey, a lingerie organization, where she sets the organization’s omnichannel strategy and leads growth in all areas of the business, in...

Programme Modules - Taught by IIM Kozhikode

Immerse yourself in a cutting-edge CFO toolkit: growth strategies, innovation, digital transformation, data-driven decision-making, and more.

  • Evolving Role of CFO

  • Current global economic environment

  • Measuring Economy: GDP Concept & National Accounting

  • Fiscal Policies, Monetary Policies & Business Planning

  • Open economy macroeconomics for exchange rate call by CFOs

  • Understanding of Financial Statements

  • Financial Statement Analysis for CFOs

  • Accounting red flags in financial Leadership

  • Financial Markets and Ecosystem

  • Equity Markets

  • Money Markets

  • Corporate Debt Market

  • Bond Market

  • FX markets & Hedging

  • Commodity Markets & Hedging

  • Estimating Benefits of Investment as Cash Flows

  • Assessing Risk of an Investment

  • Capital Structure and Budgeting

  • Valuing Managerial Flexibilities

  • Use of Simulation in Preparing Appraisal Reports

  • Financial Stress and Bankruptcy Provision

  • Measuring and monitoring performance

  • Strategic Cost Management-I

  • Strategic Cost Management-II

  • Legal Aspects of Acquisitions

  • Valuing Mergers & Acquisitions

  • Managing Post Integration Challenges

  • Taking your company Public

  • Developing Quantitative Intuition

  • Financial Analytics for CFOs

  • Strategy and Controls in Design Thinking

  • Product and Service Innovation

  • Risk Management for CFOs

  • Treasury Management

  • Information Security

  • Digital Transformation, FinTech & BigTech

  • Digital and Platform Strategies

  • Financial Technology and Blockchain

  • Building and Leveraging AI capabilities

  • Corporate Governance and Regulatory Compliance

  • ESG and Ethical Decision making

  • Competitive Sustainable Financial strategy

  • Value Creating through strategic thinking

  • CFO as a Strategic Partner to the CEO

  • Negotiation, Influence, and Boardroom Management

  • Managing Stakeholders, Investors, and Partnerships

  • Change Management

Online Certificate Course - Kellogg Executive Education

  • Growth Strategy Overview

  • Discovery Workshop–Search for Growth

  • Mapping a Strategy and Building Support

  • People–Unleashing Potential

  • Delegation, Execution, and Metrics for Growth and Success

  • Bringing It All Together

Note:

  • The in-campus modules are subject to the conditions/ unavoidable circumstances that prevail at the given point in time. In case the current situation maintains thestatus quo, suitable alternatives that can replace the in-campus modules will be made available via live online sessions.

  • The modules and topics are indicative and subject to change at the discretion of programme coordinators.

  • The primary mode of learning for this programme is via live online sessions with IIM Kozhikode faculty members.

  • The modules by Kellogg Executive Education would primarily include pre-recorded video lectures by faculty of Kellogg School of Management.

  • The recording of the live sessions will be made available to the participants until the completion of the programme

  • The programme curriculum includes individual class readings, assignments, quizzes, two business simulations, case study discussions, guided capstone project,leadership workshops, and much more to apply and demonstrate classroom learning.

Capstone Project - Guided by IIMK Faculty

Embark on a transformative journey with a group Capstone Project guided and evaluated by IIMK Faculty. The participants will have the opportunity to learn and discuss during the interim and final presentations. Indicative topics for the Capstone Project includes:   

  • Business Plan Development 

Explore a business idea, a market that can be served, a business canvas and in the process prepare the detail plan for a successful entrepreneurial venture. Participants would work on resource metric, the projected business model, projected financial statements while aiming to start a successful venture through a proper judgement of operations, risk and a strategy which is dynamic, innovative and sustainable in nature. 

  • Case Problem Resolution 

Participants would work on an inherently important business problem that involves complex decision-making dilemmas or trade-offs. For instance, promotion of a new innovative product that the company has expertise on, may increase the carbon emission, which is affecting ethical sustainability or of macroeconomic decision that affects economy and business. Alternatively, participants may work on a problem that can be either puzzling or counter-intuitive or even contradictory to existing theory of knowledge to build durable and sustainable solution. 

Hands-On Business Valuations

  • Comparing valuation methods, including WACC-based DCF (Discounted Cash Flow), APV (Adjusted Present Value), and Multiples 

  • Understanding mergers and acquisitions strategy, negotiating and selecting target companies. 

  • Understanding value creation in an M&A transactions. 

  • Differentiating between all-equity transactions and cash deals.

Programme Certification by IIM Kozhikode

Programme Certification by IIM Kozhikode

Participants will be awarded a completion certificate from IIM Kozhikode on successfully completing all evaluation components including a capstone project and maintaining a minimum attendance of 75%. Participants who are unable to clear all evaluation components but have a minimum attendance of 75% shall be awarded a participation certificate.   

We encourage you to attend all the live sessions and make the best out of these interactive learning experiences. 

Note: The certificate shown above is for illustrative purposes only and may not be an exact prototype of the actual certificate. IIM Kozhikode reserves the right to change the certificate and specifications without notice

On successfully completing the course - Business Strategies for Growth: Fewer, Bigger, Bolder you are eligible to receive online certification from Kellogg Executive Education. This online course is graded as pass or fail; participants must receive 80 percent to pass and obtain the certificate of completion for the course.

Note: The certificate shown above is for illustrative purposes only and may not be an exact prototype of the actual certificate. Kellogg School of Management reserves the right to change the certificate and specifications without notice. 

Real-world Application Through Case Studies

LP - IIMK-CFO-Case-Study-1

Mariott Corporation: The Cost of Capital

Recommend hurdle rates for Marriott's divisions to select by discounting appropriate cash flows by the appropriate hurdle rate for each division.

LP - IIMK-CFO-Case-Study-6

Dakota Paper Products

Build an activity-based cost model in a non-manufacturing setting, assess the model accuracy, and recommend actions for profitability.

LP - IIMK-CFO-Case-Study-5

Birch Paper Company

Take the role of Decision making at Birch Paper Co. and deep dive into transfer pricing among three divisions of a company

LP - IIMK-CFO-Case-Study-2

Statement of Cash Flows: Three Examples

This case introduces the statement of cash flow through three examples of multi-year statements of cash flows from three unidentified companies. It helps the participants to evaluate the financial strength of the companies and rank them.

LP - IIMK-CFO-Case-Study-3

The Home Depot, Inc

Participants are tasked with analyzing the company's performance through the lens of ratio analysis and the sustainable growth framework. They are also expected to recommend a plan of action based on their findings. This approach aids in evaluating the company's growth strategy using its financial statements.

LP - IIMK-CTO - Real-world Application Through Case Studies -Img 1

Coca-Cola: Residual Income Valuation

The case demonstrates the residual income (abnormal earnings) valuation approach by valuing The Coca-Cola Company and linking it to discounted cash flow, showing how forecasts of sales, performance, dividends, and other inputs feed into the model.

LP - IIMK-CFO-Case-Study-7

Accounting Fraud at World Com

The case examines why financial statement manipulation occurs, distinguishes earnings management from fraud, highlights the role of controls and governance in detection, and explores the ethical pressures faced by managers.

Note: Listed above are a few indicative case studies and may change depending on periodic updates. The programme may include additional case studies specially curated by the faculty.

IIM Kozhikode Executive Alumni Status Benefits

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

  • Eligible to receive Publications and Newsletters of IIMK periodically

  • Online access login details to Kasebook (Online Alumni Portal)

  • Issuance of Alumni Identity Card

  • Availing MDC/Guest Rooms at prevailing rates subject to availability

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

Pay Later - Finance Options

Programme Fee

Maximum Loan Amount Available

Tenure (months) 

EMI

INR 5,92,000 + GST

INR 7,37,618

36

INR 27,271

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): Propelld: 6/12/18/24/30/36/42/48

FAQs

The IIM Kozhikode Chief Financial Officer Programme, a one-of-a-kind CFO course, is designed for Graduate (10+2+3) or Diploma holders (Only 10+2+3) from a recognised university (UGC/AICTE/DEC/AIU/State Government/recognised international universities). Candidate should have a minimum of 10 years of experience as of the Programme start date. Chartered Accountant (CA) and Company Secretary (CS) are also eligible for the programme

This IIM Kozhikode CFO course is designed for finance leaders looking to advance to the highest level of leadership role with the ability to spearhead business transformation. This 11-month programme, is designed to transform the career path of new and aspiring CFOs. The programme is delivered via live online sessions by top IIMK faculty and concluded with a three-day campus immersion at IIM Kozhikode. 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 evolving CFOs and financial leaders to strike balance in the C-Suite with expertise beyond the finance function.

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 evolving 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 Kozhikode faculty, providing interactive and engaging learning experiences, which will provide a holistic CFO training. Additionally, there’ll be three-day campus immersion in which the participants will get a chance to interact with like-minded peers, finance leaders and CXOs.

The total fee for the IIM Kozhikode Chief Financial Officer Programme is INR 5,92,000 + 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 analyzing 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.

This IIM Kozhikode CFO course is one of the best executive leadership training program as it is the first-of-its-kind cfo course which provides a blend of live online learning from IIMK along with an online certificate course from Kellogg Executive Education. Participants will get to enrol in global cohort of this Kellogg course and learn from top global faculties.

Participants will be awarded a completion certificate from IIM Kozhikode on successfully completing all evaluation components including a capstone project and maintaining a minimum attendance of 75%. Participants who are unable to clear all evaluation components but have a minimum attendance of 75% shall be awarded a participation certificate. On successfully completing the online certificate course - Business Strategies for Growth: Fewer, Bigger, Bolder, you are eligible to receive online certification from Kellogg Executive Education.

The IIMK CFO programme includes a 3-day immersion at the IIM Kozhikode campus, 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 Kozhikode Executive Alumni Status. These participants will subsequently receive the alumni registration details from IIM Kozhikode.

This IIM Kozhikode CFO course features one online certificate course from Kellogg Executive Education. This course cover key topics such as business leadership and growth strategy which are benefitial for the participants. This course will be delivered online via pre-recorded videos from faculty of Kellogg School of Management. Participants will be able to gain a worldwide perspective through this course.

Elevate your career with this programme!

Flexible payment options available.

Starts On