Hyderabad, May 9: The Indian School of Business (ISB) and the University of California, Los Angeles, Anderson School of Management (UCLA Anderson), will be jointly launching a first-of-its-kind executive programme in Financial Engineering in July 2008.
The programme has been specially designed for financial experts managing large assets for companies and individuals with high net worth to develop deep domain knowledge in the discipline of financial engineering, a press release here said.
''I am delighted with the association of the ISB with UCLA Anderson. The programme is an outcome of several meetings with corporate leaders in the finance industry, financial experts, and policy makers, who expressed the need for finance professionals to understand the vibrant nature of a changing India in the world economy," ISB Dean M Rammohan Rao said.
UCLA Anderson School of Management Dean Judy D Olian said, ''Organisations today operate in global financial markets that are experiencing explosive changes and fluctuations. Consequently, the level of financial and technical savvy required by firms has accelerated the demand for well-trained financial engineers.
''The ISB-UCLA Anderson partnership is creating a unique six month format that maximises the strengths and academic prominence of both schools in a rigorous and intense programme.'' The programme, which is open to all finance professionals, will be delivered between July and December in four teaching modules.
Faculty from both ISB and UCLA have jointly designed the programme. Leading experts and award winning finance faculty from both the schools will conduct the programme and supervise the projects.