Global Banking Program

GLOBAL BANKING PROGRAM: FINTECH | DIGITAL | ANALYTICS MAY 2021–FEBRUARY 2022 We are closely monitoring the ongoing COVID-19 pandemic and have advanced virtual sessions to ensure the health, safety, and well-being of the entire community. We are committed to providing you with the most current information available about the program. Our aim is to ensure the academic integrity and learning experience of the program that you are applying for. Every effort is being made to deliver programs as planned but contingencies may be implemented in order to continue to deliver an outstanding academic experience in a safe learning environment.

As the only Ivy League business school immersed in the global business hub that is New York City, we offer participants unparalleled access to leaders from across industries—in the classroom, throughout the city, and around the globe.

London has been a leading international ﬁnancial center since the nineteenth century and maintains the largest trade surplus in ﬁnancial services around the world. Table of Contents

Program Overview 2 Program Calendar 3 Program Curriculum 5 Program Beneﬁts 6

Alumni Beneﬁts 8

Participant Proﬁles 9

Meet the Faculty 13 Certiﬁcate in Business Excellence 15 Application Process 17 About Columbia University 18 About Columbia Business School 19 Alumni 20

Global Banking Program: Fintech | Digital | Analytics | 1 Program Overview

The banking and financial sectors are Columbia Business School’s Global witnessing profound changes driven by Banking Program will provide innovations in technology, regulatory executives with fundamentals of banking 3) reforms, disruptive business models, and finance and a comprehensive and rising expectations from understanding of global markets, digitally-empowered consumers. The strategic management, fintech and digital disruptive business models are transformation and customer strategy. affecting many areas of consumer The program is designed to help financial services, such as mobile participants better understand the payments, cryptocurrencies, foreign economic and technological forces driving exchange, marketplace (online) lending, disruption and to learn how to leverage saving and investing, financial them in a responsible way. consulting (robo-advisers), and health and life insurance. In addition to the course work, participants work on projects related to It’s imperative for leaders who strategic changes in banking and financial operate in these sectors to services that could drive understand and embrace these changes transformation in their respective to continue thriving in this new organizations. landscape.

11 1 month learning capstone journey project

15+ 3 faculty and classroom immersions practitioners across 2 locations

20+ topics

Global Banking Program: Fintech | Digital | Analytics | 2

Program Calendar

3-4 hours per week for Module 1 online module May 13–June 30, 2021 Online module on Blockchain in Business

Five days Module 2 In class September 13–17, 2021 New York City •

Project work Live online September–November 2021 Project check-ins

Five days In class Module 3 December 13–17, 2021 London

Project work Live online December 2021–February 2022 Project check-ins

Five days Module 4 In class February 21–25, 2022 New York City

Global Banking Program: Fintech | Digital | Analytics | 3 I take it as an investment to have access to very knowledgeable professors. Not just academics, but also those who have been in the ﬁeld. There’s context of what they have done on the ground, and putting that perspective of different markets over and beyond leading US markets and also emerging markets.

Columbia Business School's Global Banking Program is an whom have engaged with some of the largest banking and intensive six-month,Antonina multimodular Kaytesi program that prepares financial services institutions and organizations. global executivesHead to innovate of Financial new technologies Management, and business models and lead transformation in the banking Practitioners include banking, FinTech, and digital thought and financialTrade services industries. and Development Bank, leaders from the leading financial centers of New York City and London. In-class sessionsNairobi, in New York Kenya and London: Division, Lloyds Immerse yourselfBanking in the dynamic Group, cities ofUK New York and Applications: London, the leading financial centers of the world. • Learn from case studies on innovation and disruptive Thought Leaders and Practitioners: business models within the banking and financial services The Global Banking Program is taught by world renowned industries experts from Columbia Business School's faculty, many of • Capstone project to identify a real business problem and propose an approach for delivering a solution

Global Banking Program: Fintech | Digital | Analytics | 4 N TIO CU XE E D N A G LO Y B G A E L T A M R A T R S K Program F E L IN T A T S IT E C IG H Curriculum D GLOBAL BANKING PROGRAM

C U S C S I T O T M LY E A R AN

Fintech Strategy and Execution Global Markets

Banks and Fintech Integration Value Investing Global Economic Environment Cryptocurrency and Blockchain Growth Mindset Market Microstructure Practical Fintech Stress Testing Capital Markets—Debt and Fintech and its Impact on Financial Intermediation Sovereign Banking Functions Risk Management Central Banking Blockchain and Applications Banking Regulation Cryptoassests and Impact Securitization Algorithmic Trading

Customer Centricity Digital Transformation Analytics

Customer Experience in Digital Transformation Analytics, Big Data Financial Services Digital Innovation Business Analytics Marketing of Financial Services Retail and Business Banking

Project Work

Project Deﬁnition Project Work Final Project Presentations

Note: Sessions are subject to change based on facultyGlobal availability Banking & FinTechGlobal Program Banking | 7Program: Fintech | Digital | Analytics | 5 Program Beneﬁts

Experience an Expertly Developed Curriculum Develop capabilities to comprehensively understand the changing dynamics in Banking and Financial services, through innovations in global markets, ﬁntech, digital, and analytics.

Learn from Ivy League Faculty Learn from more than 15 Columbia Business School faculty and industry practitioners, who are world-renowned experts in the ﬁelds of banking and ﬁnancial services.

Immerse in the Financial Centers of the World Over the three in-class modules of the learning journey, immerse in the dynamic cities of New York and London, the leading ﬁnancial centers of the world, and engage with experts.

Work on a Capstone Project Combine cutting-edge thought leadership with application to real-world business challenges through a group project, guided by a Project Coach.

Connect with your Experienced Peer Group Engage with experienced and accomplished group of fellow participants across banking and ﬁnancial services sector, who bring diverse experiences, cultures, nationalities and perspective to the classroom.

Connect with an Elite Network of Alumni Receive select Columbia Business school alumni beneﬁts upon completing the program and be part of a distinguished network of over 47,000 Alumni worldwide.

Global Banking Program: Fintech | Digital | Analytics | 6 I chose the Global Banking Program because I thought it was a great combination of looking at emerging technologies and how they apply to business environments. The faculty is amazing. You get the opportunity to hear from people who are at the forefront of their topics. It’s a good combination of academia and actual business practitioners so you have access to people whom you normally only read about. Columbia Business School's Global Banking Program is an whom have engaged with some of the largest banking and intensive six-month, multimodular program that prepares financial services institutions and organizations. global executives to innovate new technologies and business models and lead transformation in the banking Practitioners include banking, FinTech, and digital thought and financialTara services Foleyindustries. leaders from the leading financial centers of New York City and London. In-class sessionsChief in New Operating York and London: Officer, Risk Immerse yourselfDivision, in the dynamic Lloyds cities of Banking New York and Group, UKApplications: London, the leading financial centers of the world. • Learn from case studies on innovation and disruptive Thought Leaders and Practitioners: business models within the banking and financial services The Global Banking Program is taught by world renowned industries experts from Columbia Business School's faculty, many of • Capstone project to identify a real business problem and propose an approach for delivering a solution

Global Banking Program: Fintech | Digital | Analytics | 7 Alumni Beneﬁts

Participants receive these select Columbia Business School alumni beneﬁts upon completing the program:

Access to Columbia Business School Alumni Career Services resources, including access to unique career content, a job board, an online networking platform, the alumni directory, and more

Invitations to alumni events and programs around the world

Eligibility to join a Columbia Business School alumni clubs

A 25 percent tuition beneﬁt for you and up to four colleagues each year for full-price Executive Education in-person programs lasting up to seven days and all full-price online programs

Global networking opportunities

Lifetime Columbia Business School forwarding email address

Subscription to the Columbia Business School alumni publication Columbia Business

Global Banking Program: Fintech | Digital | Analytics | 8 Participant Proﬁles

The goal of this program is to prepare talented leaders to take on larger and more critical roles within the banking, financial services, fintech and consulting industries. Participants might come from large- or medium-sized organizations, as well as startups. All the key elements of the program experience— the professors, the content, peer interactions, and application exercises etc.—are designed specifically for executives with:

A minimum of 10 years of work experience

International experience

Fluency in written and spoken English

Global Banking Program: Fintech | Digital | Analytics | 9 Past Participant Proﬁles

The Global Banking Program participant mix reﬂects diversity across functions, industries, backgrounds, companies, and life experiences.

FUNCTIONS:

General Management 42%

Finance 19%

Technology Management 9%

Consulting 7%

Marketing and Sales 5%

Operations 5%

Others 13%

19 96 Average years Number of companies of work experience represented

Note: The above data is across previous cohorts Global Banking Program: Fintech | Digital | Analytics | 10 Past Participant Proﬁles

Past participants have come from the marked geographical areas

Note: The above data is across previous cohorts Global Banking Program: Fintech | Digital | Analytics | 11 Some of the key beneﬁts of the program are the peers and the network you establish through the course. Very diverse backgrounds, truly international, from many industries. The other beneﬁts are the faculty and the depth of knowledge we could tap into from this program. There are many things that I could take away to implement or consider.

Columbia Business School's Global Banking Program is an whom have engaged with some of the largest banking and intensive six-month, multimodular program that prepares financial services institutions and organizations. global executivesFadi to innovateChalouhi new technologies and business models and lead transformation in the banking Practitioners include banking, FinTech, and digital thought and financialGroup services industries. General Manager for Retailleaders from the leading financial centers of New York City and London. In-class sessionsBanking, in New York Major and London: Global Bank, Immerse yourselfKuwait in the dynamic cities of New York and Applications: London, the leading financial centers of the world. • Learn from case studies on innovation and disruptive Thought Leaders and Practitioners: business models within the banking and financial services The Global Banking Program is taught by world renowned industries experts from Columbia Business School's faculty, many of • Capstone project to identify a real business problem and propose an approach for delivering a solution

Global Banking Program: Fintech | Digital | Analytics | 12 Meet the Faculty

Suresh Sundaresan is the Chase Manhattan Bank Foundation Professor of Financial Institutions at Columbia University.

He has published in the areas of Treasury auctions, bidding, default risk, habit formation, term structure of interest rates, asset pricing, investment theory, pension asset allocation, swaps, options, forwards, futures, ﬁxed-income securities markets, and risk management.

He worked as a senior strategist at Lehman Brothers in its Fixed Income Division during 1986–1987. He consulted full time for Morgan Stanley Asset Management during 2000–2001. Currently, his consulting work focuses on term structure models, swap pricing models, credit risk models, valuation, on microlending with a view to characterizing and risk management. He has conducted defaults, recovery rates, and interest rates in training programs for leading investment microloans. banks, including Goldman Sachs, Morgan Stanley, CSFB, and Lehman Brothers. He is He has trained MBA and PhD students who the author of Fixed-Income Markets and Their currently serve on the faculty at universities in Derivatives. He has served on the Treasury the United States and abroad, as well Bond Markets Advisory Committee. He was as in senior positions in major investment the resident scholar at the Federal Reserve banks around the world. Bank of New York during 2006. Suresh Sundaresan has testiﬁed before the United Suresh received his BE in Mechanical States Congress on the transparency of Engineering from the University of Madras in corporate bond markets. His current research 1971. He received his MS in Finance in 1978 work focuses on corporate bankruptcy, design and his PhD in Industrial Administration in of bankruptcy codes, the role of collateral in 1980, both from Carnegie Mellon University. interest rate swaps, and the role of central banks in providing liquidity to private capital markets. More recently, he has been working

Global Banking Program: Fintech | Digital | Analytics | 13 Faculty

Patricia Mosser Mark Broadie Lawrence Glosten Paul Ingram Director, MPA Program Carson Family S. Sloan Colt Professor of Kravis Professor of in Economic Policy Professor of Business Banking and International Business Management Finance

Faculty

Michael Johannes Amit Khandelwal Harry Mamaysky Ciamac C. Moallemi Ann F. Kaplan Jerome A. Chazen Professor of William Von Muefﬂing Professor of Business Professor Professional Practice Professor of Business Finance of Global Business

Tomasz Piskorski Medini R. Singh Tano Santos Pierre Yared Edward S. Gordon Senior Lecturer in David L. and Elsie M. Dodd MUTB Professor of Professor of Real Estate Discipline in Business Professor of Finance International Business

Note: Faculty is subject to change Global Banking Program: Fintech | Digital | Analytics | 14 Certiﬁcate in Business Excellence

Your Name is awarded the Columbia Business School Executive Education Certiﬁcate in Business Excellence

In recognition of attending and completing the following programs:

GLOBAL BANKING PROGRAM: FINTECH | DIGITAL | ANALYTICS MAY 2021–FEBRUARY 2022

The bearer of this certiﬁcate has completed a prescribed series of learning, dedicated to the pursuit of business excellence.

Costis Maglaras Dean; David and Lyn Silfen Professor of Business

Upon completion of the Global Banking Program: Fintech | Digital | Analytics, participants will be awarded the Certiﬁcate in Business Excellence from Columbia Business School Executive Education. The Certiﬁcate in Business Excellence is recognition of your achievement and of the investment you and your company have made in your education and development.

Global Banking Program: Fintech | Digital | Analytics | 15 Top 10 Industries Represented Among certificate Holders

Technology (other than internet/IT) Insurance Import/Export/Trade 4% 4% Banking/Financial Military 4% Services

7% 26%

Healthcare/Hospitals/ Medical 7% Industries Education/Schools 7% Manufacturing 15% 12% Chemicals/Energy/ 14% Mining/Resources Government

Countries Represented Among certificate Holders

Argentina <1% France <1% Nigeria 3% Thailand 8 %

Armenia <1% Germany 3% Norway <1% The Philippines <1%

Australia 5% Ghana <1% <1% The Netherlands 1% Peru

Austria <1% India 2% <1% Trinidad & <1% Portugal Tobago Bermuda <1% Indonesia <1% <1% <1% Russia Turkey Belgium <1% Ireland <1% <1% Saudi Arabia <1% Ukraine Brazil 3% Italy 1% United Arab <1% Singapore 2% Brunei <1% Israel <1% Emirates

4% Canada 2% Japan 5% Spain <1% United Kingdom

33% China 8% Jordan <1% South Africa <1% USA

Venezuela <1% Colombia <1% Kazakhstan <1% South Korea <1% Vietnam <1% Costa Rica <1% Malaysia <1% St. Lucia <1% <1% Cyprus <1% Mayotte <1% Zimbabwe St. Vincent & <1% the Grenadines Denmark 2% Mexico <1%

Finland <1% New Zealand 1% Switzerland 3%

Global Banking Program: Fintech | Digital | Analytics | 16 Application Process

To apply to the program, please complete the online application form. APPLY NOW

APPLICATION DEADLINES

Round 5: Round 6: Mar 4, 2021 | Fees: 600 USD Apr 20, 2021 | Fees: 600 USD

Program Fee: 29,000 USD

Admitted participants will have to pay 20 percent of the program fee within ten days of their admission to conﬁrm their seat. Please note that if a candidate is admitted and accepts the admission, the application fee will be credited towards the program fee.

Please note that admissions to the program are on a rolling basis.

We strongly recommend that interested participants apply early. The second module of the program takes place in the United States. For those applicants who need a visa to travel to the United States, it is recommended that you apply by the early application deadline to allow sufﬁcient time for your visa processing formalities.

Global Banking Program: Fintech | Digital | Analytics | 17 About Columbia University

Columbia University was founded in 1754 as King’s College by royal charter of King George II of England. It is the oldest institution of higher learning in the state of New York and the ﬁfth oldest in the United States. After the American Revolution, King’s College brieﬂy became a state entity and was renamed Columbia College in 1784.

Columbia administers the Pulitzer Prizes annually; 84 Nobel laureates have been afﬁliated with the University as students, faculty, or staff—the second most of any institution in the world. Columbia is one of the 14 founding members of the Association of American Universities and was the ﬁrst school in the United States to grant the MD degree. Today, the University operates Columbia Global Centers overseas in Amman, Beijing, Istanbul, Mumbai, Nairobi, Paris, Rio de Janeiro, Santiago, and Tunis.

Notable alumni and former students of the University and its predecessor, King’s College, include: 5 Founding Fathers of the United States 9 Justices of the United States Supreme Court 20 current billionaires 28 Academy Award winners 29 Heads of State, including 3 United States Presidents

School

Columbia Business School is the business school of Columbia University. It was established in 1916 to provide business training and professional preparation for undergraduate and graduate Columbia University students. It is one of six Ivy League business schools, and its admission process is among the most selective of top business schools.

Columbia Business School is one of the world’s leading business schools and prides itself on its excellent faculty, who provide students with superior knowledge and thought leadership across divisions and disciplines. Its location in New York City and strong ties to industries offers students access to top business minds, and the diverse community spans sectors and nations, making an impact in small start-ups as well as established industries.

Columbia Business School is perhaps best known for value investing and the seminal work completed in that area by professors Benjamin Graham and David Dodd. It is afﬁliated with 13 winners of the Nobel Prize in Economics, including current professors Robert Mundell, Joseph Stiglitz, and Edmund Phelps—more than any other business school in the United States. The school has an international emphasis, and many alumni have achieved distinction in the public as well as the private sector.

RANKINGS MBA PROGRAM (NATIONAL), Forbes Columbia Business School has been 6 2017 Ranking consistently ranked among the top business schools across multiple MBA PROGRAM (GLOBAL), The Economist MBA and EMBA program rankings: 9 2017 Ranking ...... Global Banking Program: Fintech | Digital | Analytics | 19 Alumni

Columbia Business School has more than 47,000 alumni living in more than 100 countries. Some well-known graduates include::

Warren Buffett Vikram Pandit Henry Kravis Chairman and CEO Former CEO Founder

Xavier Rolet James P. Gorman Ursula Burns Former CEO Chairman and CEO Former Chairman and CEO

Global Banking Program: Fintech | Digital | Analytics | 20 Arthur Burns (deceased) Ian Plenderleith Chairman of the Federal Reserve Former Deputy Governor of the South African Reserve Bank Todd Combs A potential successor of Warren Buffett, Benjamin M. Rosen currently Investment Manager at Former Chairman and CEO of Compaq Berkshire Hathaway Louis Rossetto Charles E. Exley Jr. Founder and Former Editor-in-Chief of Former Chairman and CEO of NCR Wired Magazine Corporation David Sainsbury Richard Karl Goeltz Chairman of Sainsbury’s Former Vice Chairman of American Express Robert J. Stevens Mike Jeffries Former Chairman and CEO of Lockheed Martin Former CEO of Abercrombie & Fitch Patrick Stokes Nand Khemka Former Chairman and CEO of Anheuser-Busch Founder and Chairman of the SUN Group Charles Strauss Arie Kopelman Former President and CEO of Unilever United Former Vice Chairman and COO of Chanel States

Sallie Krawcheck Sidney Taurel CEO and Co-Founder of Ellevest Chairman and Former CEO of Eli Lilly and Company Rochelle Lazarus Chairman Emeritus of Ogilvy & Mather Umayya Toukan Former Governor of the Central Bank of William J. Lynch Jordan Former CEO of Barnes & Noble Joseph M. Tucci Kenneth Ouriel Former President and CEO of EMC Former CEO of Shaikh Khalifa Medical City Corporation

Alan Patricof Alberto J. Verme Founder of Apax Partners Co-Head of Global Investment Banking at Citigroup Jean-Marc Perraud Former CFO of Schlumberger Raymond Viault Former Vice Chairman and CFO of General Lionel Pincus (deceased) Mills, Inc. Founder and Chairman of Warburg Pincus Eruditus Executive Education is the Email: [email protected] program partner for Global Banking Phone: +1 646 713 0918 (US) Program: Fintech | Digital | Analytics. +971 44302011 (Dubai) Prospective participants with questions +65 6871 4030 (Singapore) on the program are encouraged to +91 90290 07437 (India) contact Eruditus for further information. +86 400 100 8874 (China)

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