Board of Directors: Roles & Responsibilities
Gain a comprehensive understanding of the roles, responsibilities, and legal obligations of a Board of Directors.
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Online
Self Paced
Beginner
Advanced Corporate Governance, Law, Law Professionals
About
The Board of Directors: Roles & Responsibilities program is designed for current and aspiring board members, executives, and governance professionals seeking to understand the essential functions of a corporate board. A well-structured board is crucial for strategic oversight, corporate governance, and legal compliance. This program covers key responsibilities such as fiduciary duties, risk management, financial oversight, and ethical decision-making. Participants will gain the knowledge and tools necessary to contribute effectively to board discussions, support organizational success, and navigate regulatory requirements.
Aim
- Educate participants on the fundamental roles and legal obligations of a board.
- Provide insights into corporate governance frameworks and best practices.
- Enhance decision-making and risk management skills for board members.
- Ensure compliance with regulatory requirements and ethical standards.
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Program Objectives
- Understand the key functions and structure of a Board of Directors.
- Learn fiduciary duties, including duty of care, duty of loyalty, and duty of obedience.
- Gain insights into corporate governance frameworks and regulatory requirements.
- Develop skills in financial oversight, strategic planning, and ethical leadership.
- Learn how to manage stakeholder expectations and board dynamics effectively.
Program Structure
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Module 1: Introduction to the Board of Directors
- Role and purpose of a board in corporate governance.
- Types of boards (public, private, nonprofit).
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Module 2: Fiduciary Duties & Legal Responsibilities
- Understanding duty of care, duty of loyalty, and duty of obedience.
- Legal risks and liability protection for board members.
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Module 3: Corporate Governance & Ethical Leadership
- Overview of governance frameworks (e.g., Sarbanes-Oxley, ESG principles).
- Best practices for ethical decision-making in board leadership.
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Module 4: Financial Oversight & Risk Management
- Board responsibilities in financial oversight and audits.
- Identifying and managing organizational risks.
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Module 5: Board Dynamics & Strategic Decision-Making
- Effective board meetings and collaboration strategies.
- Engaging with stakeholders and handling conflicts.
Participant’s Eligibility
- Current and aspiring board members.
- Corporate executives and senior managers.
- Governance and compliance professionals.
- Business owners and investors.
Program Outcomes
- Comprehensive understanding of board roles and legal responsibilities.
- Ability to contribute effectively to governance and strategic decision-making.
- Enhanced knowledge of financial oversight, risk management, and compliance.
- Improved boardroom communication and leadership skills.
Fee Structure
Discounted Fee: INR 1999 USD 29
Batches
Certificate
Program Assessment
Certification to this program will be based on the evaluation of following assignment (s)/ examinations:
Exam | Weightage |
---|---|
Final Online Exam | 50% |
Project Report Submission (Includes Mandatory Paper Publication) | 50 % |
To study the printed/online course material, submit and clear the mid term assignments, project work/research study (in completion of project work/research study, a final report must be submitted) and the online examination, you are allotted a 1-month period. You will be awarded a certificate, only after successful completion/ and clearance of all the aforesaid assignment(s) and examinations.
Program Deliverables
- Access to e-LMS
- Paper Publication Opportunity
- Self Assessment
- e-Certification
- e-Marksheet
Future Career Prospects
With increasing regulatory scrutiny and the demand for strong corporate governance, professionals with board expertise can advance into leadership roles in public and private organizations. This program provides the foundation for board appointments, executive leadership, and governance advisory positions.
Job Opportunities
- Board Member (Corporate & Nonprofit)
- Corporate Governance Officer
- Executive Director
- Risk & Compliance Manager
- Financial Oversight Consultant
Disclaimer
This program provides educational insights into board governance and responsibilities. It is not a substitute for professional legal or financial advice. Participants should consult corporate governance experts for specific board-related matters.
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