CERTIFICATE IN WORKING CAPITAL AND DEBT MANAGEMENT Sr.No. CONTENTS 1.00 GENERAL INFORMATION 1.01 About the Certificate 1.02 Purpose and Objectives 1.03 Eligibility 1.04 Syllabus 1.05 Admissions and Procedure 1.06 Pattern of Examination 1.07 Duration and Time Table of Examination 1.08 Medium of Examination 1.09 Periodicity of Examination 1.10 Centers for Examination 1.11 Registration and Examination Fee 1.12 Procedure for Applying for Examination 1.13 Re-Examination 1.14 Admit Card 1.15 Discipline & Conduct in Examination Hall 1.16 Penalties for violation of Rules 1.17 Passing Criteria 1.18 Declaration of Result 1.19 Verification of marks 2.00 FAQs 3.00 Issue of Certificate 4.00 EDUCATIONAL SUPPORT 4.01 Study Centers 4.02 Seminars/Workshops and Conferences 4.03 Study Material Window 5.00 PLACEMENT ASSISTANCE 6.00 OBJECTIVE TEST SAMPLE PAGE No. 2 2 3 3 3 4 4 4 4 4 5 6 6 6 7 7 8 8 8 9 14 14 15 15 16 16 1
7.00 OTHER INFORMATION 17 1.1 ABOUT THE CERTIFICATE COURSE The Certificate Course on Working Capital and Debt Management is a practical oriented course aimed at candidates who wish to acquire formal training in managing working capital and debt. The goal is to prepare candidates to be ready to take up leadership positions in managing working capital and debt in small, medium and large enterprises. Keeping in view the huge current as well as potential demand for the professionally qualified manpower in financial sector, BAMS has designed this course to cater to the industry ready-made, skilled and knowledgeable professionals who are in position to perform and yield results immediately on their joining. The course and contents are designed after obtaining feedback from working corporate managers and directors of medium to large companies besides FORTUNE 500/BT 500/ET 500 COMPANIES so that the qualified candidates can be immediately absorbed by the industry and no amount of training is required to be spent on them after their joining. Thus the industry will give top priority to the qualified candidates from the Academy. 1.2 PURPOSE AND OBJECTIVES 1. To impart in-depth knowledge of Working Capital and Debt Management to candidates who wish to specialize in this field. 2. To help candidates in understanding various concepts, corporate practices in managing working capital and debt. 3. To equip the candidates with requisite skills and competence for management of working capital and debt effectively and efficiently. 4. To provide a steady stream of manpower resource to the industry in order to fulfill their ever growing demands in this field. 2
1.3 ELIGIBILITY The following candidates are eligible for CERTIFICATE COURSE ON NEGOTIATION SKILLS FOR EXPORT AND IMPORT: i. Graduates in any discipline. Students appearing for final year degree examination can also apply. 1.4 SYLLABUS CERTIFICATE COURSE ON WORKING CAPITAL AND DEBT has the following topics in its syllabus: - Understanding working capital and its importance. - Structure of various current assets and liabilities - Various concepts including Operating Cycle - Components of working capital using quantitative techniques - Computation of working capital - Raising Term Loans- Avenues and perspectives - Tools to optimize working capital and working capital leverage. - Working Capital Finance 1.5 ADMISSION PROCEDURE Admissions are open throughout the year. The candidates are required to download the Enrolment Application Form from the website, fill it up and submit along with two passport size photographs and requisite enrolment fee to the Academy at Mumbai by post or courier. No admission test is held for admission into CERTIFICATE IN WORKING CAPITAL AND DEBT examination. In case, you are a student located outside India, please click on the icon Courses for Foreign Students on home page of our website www.bombayacademy.org/www.bombayacademy.com OR http://www.bombayacademy.com/courses-for-foreign-students.pdf for obtaining details and guidelines for foreign students regarding registration, admission procedure, fee structure, pattern and procedure for applying for examinations, re-examination, type of questions, verification of marks etc. 1.6 PATTERN OF EXAMINATION 3
Objective Type, Multiple Choice Questions. There will be a 1 ½ hours examination carrying 100 marks. 1.7 DURATION AND TIME TABLE OF EXAMINATION An examination covering all topics will be for 1 1/2 hrs. TIME TABLE Timings shall be intimated well before the examination. 1.8 MEDIUM OF EXAMINATION Medium of examination is ENGLISH. 1.9 PERIODICITY OF EXAMINATION Examination for the course is conducted twice a year in the month of May/June and November/December normally on SUNDAYS AND HOLIDAYS but not necessary. 1.10 CENTERS OF EXAMINATION Sr. Name of Center Code No. 1 AHMEDABAD 380 2. BHOPAL 462 3. BANGALORE 560 4. BHUBNESHWAR 751 5. CHANDIGARH 160 6. COIMBATORE 641 7. CHENNAI 600 8. DELHI 110 9. HYDERABAD 560 4
10. JAIPUR 302 11. KOLKATA 700 12. LUCKNOW 226 13. MUMBAI 400 14. NAGPUR 440 15. PANAJI 403 16. PATNA 800 17. RAIPUR 493 18. RANCHI 834 19. SHILLONG 793 Sr. No. Name of Center (OVERSEAS) Code 1. COLOMBO 941 2. DUBAI 971 3. SINGAPORE 656 Serious consideration will be given to the candidate s preferred center, however in case, it is not possible for the Academy to hold examination at a particular center due to candidates being less than 25 in number, then the nearest center shall be allotted to the candidate at the discretion of the Academy. The decision of the Academy shall be final in this regard. Venue for the examinations shall be intimated to the candidates while issuing ADMIT CARDS. Any request for change in the examination center should reach the Academy at least 30 days in advance. Any Request received thereafter shall be treated as INVALID. 1.11 REGISTRATION AND EXAMINATION FEE Registration Fee is Rs.14900/- payable along with the Enrolment Application Form duly filled in through NEFT / Bank Transfer as per bank details given in the Enrolment Application Form. Registration fee once paid is valid for TWO years. Examination Fee of Rs.9900/- for the certificate course is to be paid along with Examination Application Form duly filled in, through NEFT/Bank Transfer as per bank details given in the Examination Application Form. Enrolment Application Form OR Examination Application Form once submitted can not be withdrawn or altered. Enrolment Fee/Examination Fee once paid is non-refundable. 5
In case, you are a student located outside India, please click on the icon Courses for Foreign Students on home page of our website www.bombayacademy.org/www.bombayacademy.com OR http://www.bombayacademy.com/courses-for-foreign-students.pdf for obtaining details and guidelines for foreign students regarding registration, admission procedure, fee structure, pattern and procedure for applying for examinations, re-examination, type of questions, verification of marks etc. 1.12 PROCEDURE FOR APPLYING FOR EXAMINATION Examination form may be downloaded from the website and submitted latest by January 31 st and July 31 st for May/June and November/December examinations every year. The duly filled in examination form may be sent by post/courier to the Academy at Mumbai. Examination Application Forms may be submitted after last date with late fee of Rs. 2000/- before two months of the respective examination. 1.13 RE-EXAMINATION Candidates who are unable to obtain the requisite score in the examination have to appear for the re-examination. Maximum numbers of attempts allowed for re-examination are THREE. Re-examination fee is Rs. 7500/-. 1.14 ADMIT CARD Admit card/letter stating therein the details such as Name of the Candidate, Passport size photograph pasted thereon and stamped, Examination applied for, Name and address of center etc. shall be sent to the candidates by post/registered e-mail. In case, a candidate does not receive ADMIT CARD/Letter by post/registered e-mail, he/she may intimate the Academy accordingly for re-sending the same. In absence of ADMIT CARD/LETTER, the candidate shall not be allowed to enter the examination hall. 1.15 DISCIPLINE AND CONDUCT IN THE EXAMINATION HALL 6
The rules are as under: - The candidates are required to maintain strict discipline in the examination hall. - Mobile phones are strictly prohibited in the examination hall. - If any candidate is found impersonating others or allowing others to impersonate him/her, copying, arguing with the Examination Superintendent or showing indiscipline, committing an act of misconduct or trying to establish contact with other examinees/outsiders whatsoever the nature may be or in possession of incriminating written material/equipment shall be penalized as per the rules of Academy. - Question Papers are strictly prohibited to be taken out of the examination hall during or after the examination. If the candidate has to go out of the examination hall due to illness or any reason whatsoever, the question paper will be handed over to the examination superintendent which may be collected by him on return. - Pocket size portable battery operated calculators are allowed in the examination hall subject to the condition that such calculators should not : o o o make noise while in operation have memory for storing/retaining data after switch off have facility for inserting tape/recording/photographing mechanism into it for storing or programming data. In case any candidate is found in possession of a calculator which does not meet the above criteria, the same shall be confiscated and will be returned after examination hours. 1.16 PENALTIES FOR VIOLATION OF RULES The Academy has right to penalize a candidate who is found violating the rules given herein above, in the following manner or in the manner whatsoever the Academy deems fit: i. To cancel his/her result and declare him/her unsuccessful for the course. ii. To declare him/her unsuccessful in that particular subject examination. iii. To cancel his/her result for all examinations, he/she appeared in the past. iv. To ask him/her to leave the Examination Center at the discretion of Examination Superintendent. v. To debar/exclude him/her from appearing in any future examination 7
vi. Any other action, the academy may deem fit at its sole discretion. The decision of the Academy shall be binding on such candidate. In case of any legal dispute in relation to the examination, center of examination, valuation of answer sheets or any matter relating to CERTIFICATE IN WORKING CAPITAL AND DEBT examination whatsoever, the proceedings shall be subject to The Arbitration and Conciliation Act 1996 and seat of arbitration shall be Mumbai only. 1.17 PASSING CRITERIA The candidate shall be declared successful in the examination as under: Category Minimum Marks Pass 50% in aggregate Pass with First Class 60% in aggregate in the first attempt Pass with Distinction 75% in aggregate in the first attempt Candidates not passing this examination in first attempt shall not be awarded FIRST CLASS or DISTINCTION certificates. 1.18 DECLARATION OF RESULT The candidates will be intimated their respective scores within 15 days of the examination. 1.19 VERIFICATION OF MARKS The candidates who wish to get their marks verified shall make written request after declaration of the score and shall pay a fee of Rs. 900/- (Rupees Nine Hundred)only per subject through NEFT / Bank transfer as per bank details given in the Enrolment Application Form. Such request shall reach Director of Examinations, BAMS, 7 Twin Complex-II. Opp. Marol Fire Station, Marol Naka, Andheri (East), Mumbai-400059, within 15 days of date of declaration of the score. Second request for verification of marks is not permissible. 8
2.0O FAQs Q. How will this course help me in getting employment or promotion in my present organization? A. The saying, KNOWLEDGE RULES THE WORLD holds good. The chances of getting employment in industry in India and abroad after sincere study of the syllabus prescribed and completing this certificate course are very bright. The contents of this course are structured after taking into account the feedback from corporate managers and directors across the industries in India and abroad from time to time. This course is therefore, not based upon theoretical inputs but backed by very strong practical contents. This course also gives opportunity to the candidates to interact with the working professionals. The Academy regularly trains working professionals from All over India besides U.A.E, Greece, Sri Lanka, Bangladesh etc. The industry recruiters give top priority to the candidates who are already trained in the field. Notwithstanding, such practical inputs will help the existing professionals in having edge over others in getting promotions in their respective companies besides achieving better positions in the industry. The practical knowledge imparted through these courses also help the working candidates in handling day-to-day responsibilities with greater confidence, taking better decisions and eliminating chances of errors at the work place. Q. Is there any age limit for this certificate course offered by BAMS? A. There is no age limit for this course. Q. What is the duration of this certificate course? A. Three months. The examinations are held twice a year in MAY/JUNE and NOVEMBER/DECEMBER. Q. What is the procedure for admission? Is Admission Test held for this course? A. The admissions are open throughout the year. The Enrolment Application Form duly filled in along with proof of having remitted a sum of Rs. 14900/- through NEFT as per bank details given in the Enrolment Application Form, is required to be sent to the Academy at Mumbai. No admission test is held for this Certificate course. 9
In case, you are a student located outside India, please click on the icon Courses for Foreign Students on home page of our website www.bombayacademy.org/www.bombayacademy.com OR http://www.bombayacademy.com/courses-for-foreign-students.pdf for obtaining details and guidelines for foreign students regarding registration, admission procedure, fee structure, pattern and procedure for applying for examinations, reexamination, type of questions, verification of marks etc. Q. What is the eligibility criterion for this course? A. Eligibility criteria for this Certificate course are as under: i. Graduates in any discipline Q. What is the medium of examination? A. Examination is conducted in English. Q. What is the type of examination for this certificate course? A. This will be an objective/multiple choice questions type online/off-line examination. Q. Is there any difference between Certificate course and University degree? A. Yes, Certificate course is different from University degree. University degrees are general in nature and covers vast areas besides it takes more time period to complete the same. Generally, specialization is required after a degree course in order to be employable in industry. This Certificate course is specialized short term course and designed to cater to the industrial need for trained, specialist, skilled and ready-made professionals in the field of finance. Thus, the successful/qualified candidates are given top priority in recruitment by the companies in India and abroad. Q. Where is the study material available? Whether the Academy will provide the same or candidates will have to buy the same from bookstores? A. The Institute shall send the course kit, reading materials and handouts to the registered candidates by post/courier within 30 days from receipt of the Enrolment Application Form. Q. How much preparation is required for this examination? A. The preparation required for this certificate course is 3 months. 10
Q. What are the types of questions, duration of examination and maximum marks for this examination? A. The examination will have a question paper of one and half hours containing 120 objective type/multiple choice questions with maximum score of 100 marks. It is designed to cover various difficulty levels, to test the knowledge, stress handling ability, conceptual grasp, arithmetic & problem solving, decision making and analytical ability besides the ability of the candidate to convert learning/theory into practice. The question paper may have a few practical case studies followed by multiple choice answers to be answered by the candidate. Q. Will there be any negative marking? A. No Q. What is the procedure for registration and payment of requisite fee? A. The procedure for registration is as under: i. Submit Enrolment Application Form along with with proof of having remitted Rs. 14900/- through NEFT /Bank Transfer as per bank details given in the Enrolment Application Form and send the same addressed to Director-Distance Education, BAMS, 7, Twin Complex-II, Opp. Marol Fire Station, Andheri (East), Mumbai-400059. On receipt of enrolment duly filled in, the academy will issue Registration number and examination application form. ii. For appearing in re-examinations the candidates are required to submit examination application form before the latest date along with a fee of Rs. 7500/-. The eligible candidates shall be issued ADMIT CARD stating name of venue, address etc to reach the candidates at least two weeks before the examination. In case, you are a student located outside India, please click on the icon Courses for Foreign Students on home page of our website www.bombayacademy.org/www.bombayacademy.com OR http://www.bombayacademy.com/courses-for-foreign-students.pdf for obtaining details and guidelines for foreign students regarding registration, admission procedure, fee structure, pattern and procedure for applying for examinations, re-examination, type of questions, verification of marks etc. Q. What is the criterion for passing this examination? 11
A. The candidate will have to score at least 50% marks in the examination in order to be declared as PASSED. The candidate is required to score in the FIRST ATTEMPT, at least 60% in aggregate in order to be declared as PASSED WITH FIRST CLASS and at least 75% marks in aggregate in order to be declared as PASSED WITH DISTINCTION. Candidates not passing this examination in first attempt shall not be awarded FIRST CLASS or DISTINCTION certificates. Q. What if a candidate does not pass in the first attempt? A. If a candidate does not pass in first attempt, he has to mandatorily appear for the re-examination and has to pay Rs. 7500/- re-examination fee. Such candidate will be given three attempts for re-examinations. Thereafter the candidate has to re-register himself with the academy by paying an enrolment/registration fee of Rs. 14900/-. Q. What is the validity period for enrolment fee once paid? A. Two years from the date of registration. Q. Is the enrolment fee once paid valid for TWO or more courses? A. NO, The enrolment fee once paid is valid for one course only for a period of two years from the date of registration. Q. What is the last date for submitting Enrolment/Examination Application forms and paying the requisite fee? A. There is no last date for submitting enrolment application form. The admissions are open throughout the year. The last date for submitting the examination application form is January 31 st and July 31 st for the examinations held in May/June and November/December every year respectively. The examination application form can also be submitted after last date but before two months of the examination after payment of late fee of Rs. 2000/- Q. What is the implication, if a candidate does not apply for examination after enrolment or applies for examination but remains absent? A. The enrolment fee is valid for 2 years. The enrolled candidate can appear for examination at any time during a period of two years from the date of registration. 12
If a candidate remains absent for the examination, the fee paid, will neither be refunded nor carried forward for future examinations. Q. At how many centers in India and abroad does the Academy hold examinations? A. The examination for Certificate/Diploma/Post-Graduate Diploma courses shall be conducted at the following 22 centers. The Academy will announce new centers in India and abroad from time to time. Sr. Name of Center Code No. 1 AHMEDABAD 380 2. BHOPAL 462 3. BANGALORE 560 4. BHUBNESHWAR 751 5. CHANDIGARH 160 6. COIMBATORE 641 7. CHENNAI 600 8. DELHI 110 9. HYDERABAD 560 10. JAIPUR 302 11. KOLKATA 700 12. LUCKNOW 226 13. MUMBAI 400 14. NAGPUR 440 15. PANAJI 403 16. PATNA 800 17. RAIPUR 493 18. RANCHI 834 19. SHILLONG 793 Sr. No. Name of Center (OVERSEAS) Code 1. COLOMBO 941 2. DUBAI 971 3. SINGAPORE 656 13
Q. What are the chances of getting employment after completing the Certificate course on Working Capital and Debt? A. The chances of getting employment in industry after sincere study of the syllabus prescribed and completing this course are very bright. The contents of this course are structured after taking into account the feedback from corporate managers and directors across the industries in India and abroad from time to time. This course is therefore, not based on theoretical inputs but backed by very strong practical contents. Notwithstanding, such practical inputs will help the existing professionals in having edge over others in getting promotions in their existing companies besides achieving higher positions in the industry. 3.00 ISSUE OF CERTIFICATE The candidates who are declared successful in the examinations will be awarded CERTIFICATE WORKING CAPITAL AND DEBT. The certificate will be issued within 30 days of the examination. 4.00 EDUCATIONAL SUPPORT 4.01 STUDY CENTERS The Academy intends to have study centers for providing coaching to desirous candidates at the following places, however if the coaching facility is not available at a center, the candidate may opt for the nearest center at his/her discretion. Coaching fee is to be paid separately to the coaching institute or the Academy. In case no study center is available in proximity the candidate has to study the prescribed books on his own and appear for the examination. The Academy announces new study centers in India and abroad from time to time. Sr. Name of Center Code No. 1 AHMEDABAD 380 2. BHOPAL 462 3. BANGALORE 560 4. BHUBNESHWAR 751 14
5. CHANDIGARH 160 6. COIMBATORE 641 7. CHENNAI 600 8. DELHI 110 9. HYDERABAD 560 10. JAIPUR 302 11. KOLKATA 700 12. LUCKNOW 226 13. MUMBAI 400 14. NAGPUR 440 15. PANAJI 403 16. PATNA 800 17. RAIPUR 493 18. RANCHI 834 19. SHILLONG 793 Sr. No. Name of Center (OVERSEAS) Code 1. COLOMBO 941 2. DUBAI 971 3. SINGAPORE 656 4.02 SEMINARS/CONFERENCES/WORKSHOPS The Academy regularly holds Management Development Programmes for working executives on various topics at Mumbai, Chennai, Kolkata, Hyderabad, Coimbatore, Ahmedabad and Delhi. The enrolled candidates can avail these opportunities, enhance and update their knowledge, interact with the industry professional Executives/ Managers by availing 25% concession in the requisite participation fee for the respective workshop during completion of their diploma/certificate/pg diploma course. The details will be communicated to such candidates from time to time on registered e-mails Ids. 4.03 STUDY MATERIAL The Institute shall send the course kit, reading materials and handouts to the registered candidates by post/courier within 30 days from receipt of the Enrolment Application Form. 15
5.00 PLACEMENT ASSISTANCE Bombay Academy of Management Studies is one of the premier management institutes in the country. The Academy has not only trained the senior working managers, professionals and directors from various blue-chip companies including FORTUNE 500/BT 500/ET 500 COMPANIES in India but also in neighbouring countries like Sri Lanka, United Arab Emirates U.A.E. Bangladesh etc. It is our conviction that these professionals will give top priority to the candidates qualified from the Academy. The Academy also provides the resumes of successful candidates to companies which are useful for these companies to scan through and call the candidates for recruitment and selection. In due course the academy intends to host the resumes of all successful candidates on its website also. 6.00 OBJECTIVE TEST SAMPLE 1. What is Working Capital for a company? a. It is the capital required to pay salary and wages b. It is the capital required to buy fixed assets c. It is capital required to purchase raw material d. It is the capital required for day-to-day working e. None of the above 2. Working Capital Leverage is nothing but a. Percentage increase in ROI divided by percentage decrease in working capital b. Percentage increase in Sales divided by percentage increase in working capital c. Percentage increase in ROC divided by percentage decrease in working capital d. Percentage increase in Cash balance divided by percentage decrease in working capital e. None of the above 3. Commercial Papers are mainly raised to meet company s a. Short-Term Capital Requirement b. Long-Term Capital Requirement c. Investment needs d. New project finance requirement 16
e. All of the above 4. If a company has fixed assets of Rs. 100,000, fixed liabilities of Rs. 50,000, current assets of Rs. 10,000 and current liabilities of Rs. 5000, Working Capital is Rs. (a) 5000 (b) 50000 (c) 20000 (d) 200000 (e) None of the above 5. If a company has a (high) gearing of 1:4, what proportion of the cost of assets is financed by shareholder s funds? (a) 1/5 (b) 1/6 (c) 4/5 (d) Impossible to compute quickly 7.00 OTHER INFORMATION In case of any dispute in relation to the examination, center of examination, valuation of answer sheets or any matter relating to CERTIFICATE COURSE ON WORKING CAPITAL AND DEBT, Academy or its activities whatsoever, the proceedings shall be subject to Indian Arbitration and Conciliation Act 1996 and seat of arbitration shall be Mumbai only. ******* 17
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