Developing Professional Skills Mutually

1
Developing Professional Skills Mutually

• A Presentation by the Indian Institute of Foreign
  Trade

2
IIFT A Snapshot

• Set up by the Government of India in 1963 in New
  Delhi as a training and research institute is
  now setting up an additional campus at Kolkata
• Currently the leading business school in the area
  of international business offering the MBA
  (including Executive MBA and part-time MBA), Ph.D
  and other short-term programmes
• Conferred the status of Deemed University in 2002

3
Core Courses at IIFT

• Economics Trade Policy
• International Trade Operations Logistics
• International Financial Management
• E-Business Technology Management
• International Business Strategy
• International Marketing Management / Research

4
Research Emphasis at IIFT

• The research emphasis at IIFT feeds into the
  course curriculum of all its training programmes.
  The Institute has special niche research
  centres
• Centre for WTO Studies
• Centre for International Trade in Technology
• Centre for SME Studies

5
Illustrative Research Studies

• Some of the studies conducted by the Institute
• GATS under WTO and the perspective of developing
  countries
• TRIPS and the Biological Diversity Convention
• WTO Agreement on Agriculture
• MFA Phase-out for the textiles sector
• Analysis of the Relationship between Technology
  Transfer and Harmonization of Standards through
  TBT and SPS Agreements

6
UK Partners in Institutes Research

• Institute houses national and international
  databases (including on-line) on international
  trade and investment
• Institute is already conducting research in
  collaboration with EPSON Foundation, Brussels a
  partner in the Education Link programme funded by
  the British Council with University of Central
  England. The EDECAD Project Education
  E-Commerce for Economic Development Project is
  also being done with UK partners funded by the
  European Commission.

7
WTO Training Programmes

• WTO training programmes are a regular activity at
  IIFT. Some of the short-term programmes on WTO
  conducted are
• Globalization WTO and Developing Countries
  (sponsored by ESCAP)
• WTO and the New Trade Regime (sponsored by
  Colombo Plan)
• Trade Policy Issues
• Impact of the new Foreign Trade Policy
• WTO and the Textiles Sector

8
Finance Courses at IIFT

• Finance courses at IIFT include
• Retail Banking
• Security Analysis and Portfolio Management
• Global Banking and Finance
• Derivatives and Risk Management
• Project Appraisal and Finance
• Managing Currency

9
Special Topics in Trade Financing

• Exclusive topics covered
• Export / Import Financing
• Export Factoring / Forfaiting
• Export Credit and Guarantee Schemes
• Lines of Credit and Escrow Accounts

10
Combining Finance and Trade Policy

• IIFT, thus, provides exclusive combination of
  finance and trade policy in its course
  curriculum. With international trade policy now
  covering trade in financial services, such a
  specialization is in great demand by employers
  the world over.

11
IIFT Providing a Regional Edge

• Besides, IIFT provides a platform for
  understanding the exclusive needs/features of
  financial services in developing countries and
  particularly so in semi-urban and rural areas.

12
Disseminating Knowledge

• IIFT provides inputs regularly on these topics
  through
• Face-to-face interaction in class (faculty visits
  possible wherever classes scheduled to be held)
• On-line interaction through the VSAT
• Provision of Consultancy / Research Services

13
IIFTs Contribution Under the UKIERI Initiative

• Thus briefly, IIFT will provide inputs through
  faculty visits, the on-line medium and
  consultancy on
• i) Financial Services Developing Countries
  Perspective
• ii) WTO, GATS and Financial Services
• In addition , IIFT will assist in the conducting
  of the Executive Programmes of the UK partner in
  India through both faculty inputs and
  administrative assistance in identifying
  institutions to be visited and fixing up meetings.

14
Planning for New Courses

• IIFTs mandate is to strengthen this area with
  introduction of new courses such as
• Regulatory Framework for Financial Services (UK
  competence)
• History of Financial Services in Developed
  Countries (UK competence)
• Economic Impact of Financial Services
  Experiences in Developed and Developing Countries
  (to be conducted jointly through training and
  research programmes)

15
Assistance Sought under the UKIERI Initiative

• Specific help, thereby, required in
• Developing the Course Curriculum
• Specific inputs during course delivery from UK
  experts based in UK / India through face-to-face
  / on-line mode
• Special training programmes for faculty from
  India
• Modular courses on financial services for the
  Institutes students
• Short training for Executives undergoing training
  in financial services at the Institute

16
Assuring Sustainability of New Initiatives

• Institutes capability and experience of
  designing specific audience-based programmes over
  the last forty years
• Institutes expertise and experience of
  capitalizing on faculty development programmes
• Institutes round-the-year validation of courses
  and programmes by external experts
• Institutes expertise on applied research many
  of the research studies are done for
  international organizations such as USAID, UNDP,
  ESCAP, etc.

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Assuring Sustainability (contd)

• Developing the required network with UK
  institutions both in UK and India
• Thus, in short, new programmes on financial
  services will be on offer for executives and
  students and new research initiatives taken up.