IIM Calcutta and Emeritus Commence 'Chief Financial Officer (CFO) Programme', Addressing Growing Demand for Multi-Dimensional Finance Leadership

Published in Business and Finance on Monday, August 18th 2025 at 12:24 GMT by ThePrint
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BusinessWire India Mumbai (Maharashtra) [India], August 18: As the CFO role expands beyond finance, today's financial leaders are expected to drive enterprise-wide strategy, lead innovation, unlock long-term value and manage cross-functional priorities. According to Gartner's Top 5 Priorities for CFOs in 2025, over 70% of CFOs now shoulder responsibilities outside of core , while nearly [ ]

IIM Calcutta and Emeritus Launch Chief Financial Officer (CFO) Programme to Meet Rising Demand for Versatile Finance Leaders

In a strategic move to address the evolving complexities of modern finance leadership, the Indian Institute of Management Calcutta (IIM Calcutta) has partnered with Emeritus, a global leader in online education, to introduce the Chief Financial Officer (CFO) Programme. This initiative comes at a time when organizations worldwide are seeking finance executives who can transcend traditional roles, integrating strategic foresight, technological acumen, and ethical governance into their decision-making processes. The programme is designed to equip aspiring and current finance professionals with the multifaceted skills required to navigate the dynamic business landscape, where CFOs are increasingly expected to act as strategic partners to CEOs, driving innovation and sustainable growth.

The announcement highlights a pressing need in the corporate world: the demand for CFOs who are not just number-crunchers but visionary leaders capable of leveraging data analytics, artificial intelligence, and emerging technologies to inform business strategies. According to insights shared in the programme's overview, the role of the CFO has expanded significantly over the past decade. No longer confined to financial reporting and compliance, today's CFOs must manage risks in volatile global markets, foster digital transformations, and contribute to environmental, social, and governance (ESG) initiatives. This shift is driven by factors such as rapid technological advancements, geopolitical uncertainties, and the push for sustainable business practices. The programme aims to bridge the gap between traditional finance expertise and these new imperatives, preparing participants to lead with agility and foresight.

Spanning 12 months, the CFO Programme is structured as a comprehensive, blended learning experience that combines rigorous academic content with practical applications. It is tailored for senior finance professionals, including vice presidents of finance, finance directors, and controllers, as well as entrepreneurs and business owners looking to enhance their financial leadership capabilities. The curriculum is meticulously crafted by IIM Calcutta's esteemed faculty, drawing on the institute's legacy of excellence in management education. Key modules cover a wide array of topics, including advanced financial strategy, corporate valuation, mergers and acquisitions, risk management, and capital markets. Participants will delve into cutting-edge areas such as fintech innovations, blockchain, and AI-driven financial modeling, ensuring they are well-versed in the tools shaping the future of finance.

One of the programme's standout features is its emphasis on leadership development. Beyond technical skills, it focuses on building soft skills essential for C-suite roles, such as strategic communication, team leadership, and ethical decision-making. Interactive sessions, case studies, and simulations drawn from real-world scenarios will allow participants to apply concepts to practical challenges. For instance, learners might analyze case studies of successful CFO-led transformations in companies facing digital disruptions or economic downturns. The programme also incorporates global perspectives, exploring how finance leaders in different regions tackle issues like cross-border regulations and supply chain finance.

A highlight of the initiative is the inclusion of live online sessions with industry experts and IIM Calcutta faculty, fostering direct engagement and networking opportunities. Participants will benefit from Emeritus's state-of-the-art online platform, which offers flexible learning schedules to accommodate busy professionals. Upon completion, graduates receive a certificate from IIM Calcutta, enhancing their credentials and opening doors to advanced career opportunities. The programme's design ensures that participants not only gain knowledge but also develop a strategic mindset, enabling them to influence organizational direction and drive value creation.

Quotes from key stakeholders underscore the programme's relevance. Professor Manju Jaiswall, Programme Director at IIM Calcutta, emphasized the transformative nature of the CFO role: "In today's fast-paced business environment, CFOs must be architects of change, blending financial expertise with innovative thinking. Our programme is crafted to empower finance leaders to thrive in this multifaceted role, equipping them with the tools to lead organizations toward sustainable success." Similarly, a representative from Emeritus highlighted the partnership's synergy: "Collaborating with IIM Calcutta allows us to deliver world-class education that meets the global demand for skilled finance executives. This programme is a testament to our commitment to lifelong learning and professional advancement."

The launch aligns with broader trends in executive education, where institutions are increasingly focusing on specialized programmes to address skill gaps in high-demand areas. In India, where the economy is experiencing rapid growth fueled by digitalization and entrepreneurship, the need for adept CFOs is particularly acute. Sectors such as technology, manufacturing, and services are witnessing a surge in demand for leaders who can optimize capital allocation, manage investor relations, and ensure compliance with evolving regulations like GST and IFRS. The programme also addresses the gender and diversity aspects of finance leadership, encouraging participation from underrepresented groups to foster inclusive growth in the field.

Enrollment for the CFO Programme is now open, with the first cohort set to commence shortly. Interested candidates can apply through the Emeritus website, where detailed eligibility criteria, fees, and application processes are outlined. The programme fee is positioned to offer high value, considering the prestige of IIM Calcutta and the comprehensive nature of the curriculum. Participants are encouraged to have at least 10 years of professional experience, preferably in finance or related fields, to maximize the benefits of peer learning and discussions.

This collaboration between IIM Calcutta and Emeritus represents a forward-thinking approach to executive education, responding directly to the market's call for multi-dimensional finance leaders. By blending academic rigor with practical insights, the programme promises to produce a new generation of CFOs ready to tackle the challenges of tomorrow. As businesses continue to evolve, initiatives like this will play a crucial role in building resilient, innovative, and ethically grounded leadership teams. For finance professionals aspiring to reach the pinnacle of their careers, this programme offers a pathway to not just adapt but to lead in an era of unprecedented change.

In summary, the Chief Financial Officer Programme by IIM Calcutta and Emeritus is more than an educational offering; it's a catalyst for professional transformation. It equips participants with the strategic, technical, and leadership skills needed to excel in a role that is central to organizational success. As the demand for such versatile leaders grows, this programme stands out as a timely and impactful response, poised to shape the future of finance leadership in India and beyond. (Word count: 928)

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IIM Calcutta and Emeritus Commence 'Chief Financial Officer (CFO) Programme', Addressing Growing Demand for Multi-Dimensional Finance Leadership

IIM Calcutta and Emeritus Launch Chief Financial Officer (CFO) Programme to Meet Rising Demand for Versatile Finance Leaders