
A premium weekend certification programme by Institute of Directors (IOD), designed for Directors, Independent Directors, and Senior Executives seeking to strengthen their boardroom effectiveness and governance expertise.
The Masterclass for Directors is Institute of Directors (IOD) India’s flagship certification programme leading to the title of Certified Corporate Director. It’s a high-impact boardroom training designed to prepare aspiring and already serving directors and senior executives for board-level roles, including Independent Directorships. Participants gain insights into board processes, governance norms, fiduciary duties, and corporate strategy through simulations and updated curriculum in light of changing regulations.
Clear understanding of board roles, responsibilities, and legal duties.
Practical insights into corporate governance, boardroom dynamics, and regulatory expectations.
Exposure to real-world case studies, peer learning, and expert faculty.
Certification aligned with the Director Competency Framework.
Weekend format suited for busy professionals
Delivered by experienced board members & governance experts
Regularly updated to reflect SEBI, MCA, and global boardroom trends
Recognized and respected across industries and leadership circles
Executive & Non-Executive Directors
Aspiring Independent Directors
Promoters & Family Business Leaders
Senior Leaders preparing for board roles
Role & responsibilities under SEBI LODR & Companies Act, 2013.
Reading financials, audit reports & related party disclosures.
Board committees: Audit, CSR, NRC, Risk.
Cyber risk, ESG & whistle-blower responsibilities.
Ethical decision-making & stakeholder governance.
Practical simulations and boardroom scenarios.
Mock Test and Board Room Stimulation readiness.
Board members today are expected to be vigilant, well-informed, and proactive in their oversight responsibilities. Evolving regulations are designed to ensure that all directors act in the best interests of the company, its shareholders including minority stakeholders and uphold the highest standards of corporate integrity.
Understand your legal, fiduciary, and ethical responsibilities as a director
Build practical skills for risk oversight, governance, and decision-making
Learn best practices for effective boardroom communication and conduct
Strengthen your ability to secure and succeed in directorship roles
Increase your boardroom value and professional reputation
Gain clarity before joining a board
Improve strategic thinking and oversight skills
Learn to manage stakeholders and navigate boardroom dynamics
Apply real-world governance tools that directors use every day
At Institute of Directors (IOD), we provide flexible and practical training formats to suit professionals at all stages of their board journey. Whether you’re an aspiring Independent Director or a sitting board member, our programs are designed to fit your schedule and learning needs.
Virtual Classroom
Conducted over two weekends (4 days)
Learn from the comfort of your home or office
Live, interactive sessions led by expert faculty
Offline / In-Person Sessions
Conducted over 3 full days
Held in premium venues across major metro cities
Great for networking and immersive discussions
Whether you're new to the board, aiming for a seat, or sharpening your impact, this programme delivers the insights and skills needed to excel.
Customized programs designed exclusively for your company’s board or leadership team.
Tailored content aligned with your sector, board challenges, or regulatory needs
Delivered in half-day or full-day formats
Available in both virtual and offline (on-site) modes
Choose focus areas like: Governance, ESG, Risk, Audit, Digital Readiness, etc.
Best suited for organizations looking to upskill multiple directors or senior leaders at once.
(For In-House Training Programmes)
Sharing relevant knowledge is the best aspect of this course
One of the best and relevant training program.
Balanced Scorecard, Finance for Non Finance Directors, Duties & Liabilities and Corporate Transformation are the best aspects.
Excellent Training Program for Corporate Directors
A very useful course.
This is quite comprehensive, all about the Company Law & the Director responsibilities. A very well organized course.
I cleared my IOD accreditation during 2014 Nov batch from Mumbai and thereafter my life has moved on a different leadership trajectory. I am extremely fortunate to be able to guide a few Non-profit Organisations as well as a couple of family business as a Board Member. I do these all on honorary basis due to my personal passion. Money has never been a consideration since then, it is all about giving back to society/supply chain fraternity. This course is designed for Independent executive and Non-Executive Director & CEOs | Company Chairman | Presidents | CFOs | Bankers | Chartered | Accountants | Company Secretaries | Fund Managers | Management Analysts | Management Consultants | Academicians | Corporate Lawyers and Other Senior Executives, who are keen to serve on boards of Public Listed, Private, Government and Not-for-Profit Organizations.
P.S.: A minimum 5 years’ experience at senior management or its equivalent in independent practice, is required to register in this program.
Upon completion of this course you will be able to:-
Apply decision making skills and implement strategies for your board.
Identify the fiduciary and compliance responsibilities of directors.
Improve your knowledge of the governance and ethical expectations of board members.
Outline what risk is and how to implement risk management techniques.
Enhance your value and reputation to the board.
Strengthen your ability to secure directorship opportunities.
On successful completion of the course and submission of Project Study Report, the certificate of ‘Certified Corporate Director’ from IOD will be awarded. This Certificate provides a recognition of your personnel and professional achievement in attaining and maintaining the requisite standards of knowledge, experience and probity.
Note: An additional USD $100 (towards Administrative & Postal charges) will be charged in case participant wants the certificate to be delivered to overseas address
The training course offers flexibility in accessing information on a range of training modules relevant to directors and senior executives. The course undergoes continuous changes to keep it updated, with the latest regulatory requirements, global trends and practices. The following are the normal set of modules, which are subject to change.
This module will provide an overview of the important provisions of the Companies Act 2013 which deal with the ways companies are incorporated, how it is managed by the board and the manner in which the board interacts with their stakeholders. Key provisions of other corporate laws such as Insolvency and Bankruptcy Code, 2016 are also covered.
The module provides an essential understanding of the role, duties and legal responsibilities and liabilities of Directors and the working environment of a Board.
Corporate Governance relates to structures, processes, systems and practices that are established by the company in the best interests of all stakeholders. This module deals with the principles and tenets of corporate governance, international codes, frameworks and practices and key requirements.
This module covers the role, functions, rights, liabilities of Independent Directors who have become a very important part of the Boardroom. It will enable the participants to understand the nuances of this role, requirements of Schedule IV of the Companies Act, 2013 and key provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
This module deals with good practices of effective Boards, including leadership composition and skills-mix, Board reviews and how Boards can add greater value. The module will enable an understanding of the operating environment of Directors and expectation of stakeholders to deliver strategic outcomes.
Financial literacy is a key skill for any director. This module provides an understanding of what it means to be financially literate, the statutory provisions, financial terms and concepts, financial statements, key accounting standards, sources of finance and budgeting.
The Board of Directors drive organizational strategy, provide oversight to financial performance and risk management amongst other areas. The module will assist a director to further understand the role in evaluating the health of the organization including its liquidity position and solvency, key aspects of Mergers & Acquisitions, decision making and control and identifying early warning signs of financial failures.
Strategy setting is an important role of the board. Globalization, digitization of business, emerging technologies, focus on Sustainability and the new workforce have provided a new dimension to strategy, its execution and performance monitoring.
Companies have to ensure that significant risks are identified, evaluated and managed. Non-financial intangible risks include social, ethical, environment and reputational risks. This module will enable an understanding of the key legal provisions related to enterprise risk management, ERM process, key definitions, risk frameworks, concepts such as emerging risk and how ERM needs to be aligned with company strategy. This will also provide a brief understanding on fraud risk and cybersecurity risk and the importance of risk culture within the organization which will positively contribute to effectiveness of the ERM process.
Competitiveness depends on the productivity with which companies can use financial capital and manage risk pertaining to broader areas such as geographical, technological, energy or human resource. Becoming environmentally responsible means building management systems capable of attaining best practice. A key competitive differentiator will be the ability to transform a business’ product, operations and complete the supply chain to make it sustainable. This module will provide an understanding on various aspects of building a sustainable business and the need to have an agenda for surviving and thriving in the future.
The Board of Directors acts on behalf of the shareholders in overseeing the company and its management. Today, Boards are under intense scrutiny - from shareholders, regulators, the media, company employees, and other stakeholders. Directors rarely receive accolades for taking steps to ensure that their companies succeed and avoid major problems, but they are questioned when things go wrong. Given the wide range of the Board's responsibilities and the diverse nature of skills required, the Board delegates certain responsibilities to specialist Committees of the Board. The Companies Act 2013 prescribes four such mandatory Committees. This module discusses the broad role, duties and powers of these committees in general, with sharper focus on the Audit Committee.
This session provides an opportunity for real-time experience of the ‘Quarterly Boardroom meeting’ situation. The participant would also briefly understand important board procedures prior to the simulation.
The complexity, dynamics and speed of modern business communication environment has to be recognized. The role of critical and creative thinking, listening culture, collaborative working and visual communication are of paramount importance in the communication process within the Board. The module will deal with the communication roadblocks, strategy to develop reports and presentations that are persuasive.
Over the past decade, exponential developments are taking place in technology and its use in business. These technologies have impacted the entire business ecosystem globally bringing about multiple disrupters in all spheres of our businesses. In order to be competitive and also stay relevant, organizations are forced to adopt these disruptive technologies and adapt to disruptive market forces. This session will provide a broad understanding of changing business models, transformative technologies, key aspects to strategic decision making and the role of a board member in such decisions.
Internal Audit has assumed greater significance after the mandatory appointment of an Internal Auditor by the board of specified public and private companies under the Companies Act, 2013. This module with provide clarity on the role of internal audit in organizational governance and in protecting and enhancing organizational value. This will enable a functional understanding of modern internal auditing practices which in turn will assist in discharging statutory responsibilities.
When a company faces insolvency or bankruptcy, the directors of the company can face personal liability for the company's debts. This module will discuss the brief provisions of the code and key aspects that the director needs to keep in mind.
Competition law seeks to maintain market competition by regulating anti-competitive practices by companies. Competition law is implemented through public and private enforcement. The participant will be able to understand the key provisions of the Act, its relevance to the company board and the safeguards companies need to take in order to adequately comply with this regulation.
Discussion on 'Mock test paper on Independent Directors Proficiency Test'.
The training course offers flexibility in accessing information on a range of training modules relevant to directors and senior executives. The course undergoes continuous changes to keep it updated, with the latest regulatory requirements, global trends and practices. The following are the normal set of modules, which are subject to change.
To give a practical exposure, each participant is required to prepare a project study in the form of Project Study Report on completion of the course. The project topic can be chosen on any of the subjects covered in the programme. It provides opportunity to demonstrate independence, originality and to implement into practice the knowledge gained through the course. The Guidelines for Project Study Report will be provided to you along with the course material during the Masterclass for Directors programme. For more information, please write to
| Sl.No. | Participant Fee (per participant) | GST 18% (SAC999293) | Total Amount Payable |
|---|---|---|---|
| 1. | Rs. 60,000 | Rs. 10,800 | Rs. 70,800 |
The registration fee is for the 4-day (two weekends) Non Residential Masterclass for Directors Virtual Training Programme, and it entitles to the followings:
Note: Above Fees are inclusive of Course materials (Soft Copy of IOD Handbooks)
Note:
| Sl.No. | Delegate Fee (per participant) | GST 18% (SAC999293) | Total Amount Payable |
|---|---|---|---|
| 1. | Rs. 70,000 | Rs. 12,600 | Rs. 82,600 |
The registration fee is for the 3-day (weekends) Non Residential Masterclass for Directors Offline Training Programme, and it entitles to the followings:
Note: Above Fees are inclusive of Course materials (Hard Copy of IOD Handbooks)
Note:
IOD offers 18 modules and these have been finalised after thorough research and study over the years. You may pick up any module of your own choice or at IOD’s discretion.
| Sl.No. | Programme Duration | Commercials(upto 25 participants) |
|---|---|---|
| 1. | 4 days online training programme (covering 3 modules per day of 90 to 120 min) | INR 5.75 Lacs Plus 18% GST |
| 2. | 3 days offline training programme (covering 4 modules per day of 90 to 120 min) | INR 6.75 Lacs Plus 18% GST |
The number of participants will be upto a maximum batch size of 25 in each training programme.
Course descriptions, including fees, are given in good faith. However, the organizers preserve the right to change Resource Persons, Dates, Topics, Venue as per exigency of circumstances, if any.
Participants who have already paid and registered for the programme, will be entitled to change the preferred location to attend the course to any convenient location, where the course is being conducted, within a year or a substitute delegate can be named before the program begins. No refund shall be made for cancellation.
IOD's ‘Masterclass for Directors’ leading to “Certified Corporate Director” - is an exclusive qualification which has been designed to address the challenges of the future board by upskilling the aspiring Directors. It trains & certifies Directors and aspiring Directors as “Certified Corporate Director”, which offers great insight on Board Processes, Board Strategic Involvement and also growing focus on the role of Independent Directors, changing regulations - Listing Obligations & Disclosure Requirements (LODR), Companies Act, etc., including a Board simulation exercise to validate & enhance preparedness for the future. It also helps Directors hone their boardroom skills, ESG knowledge as part of business strategy & performance and enables effective corporate governance in an increasingly fast-changing world.
The ‘Masterclass for Directors’ Programme is offered in two formats:
OPEN FORMAT (For aspiring & serving directors):
The training Programme is conducted in most major metro cities. The participants can choose their venue and dates, as convenient to them.
IN-HOUSE FORMAT (For corporates):
The training Programme is delivered in half or full day format, covering one or more topics in much greater detail. The Programme is designed as per the needs of the company. The Programme can be delivered in Offline and Online modes.
Over the past twenty years, IOD has conducted over 470 such training sessions and trained over 10,000 as its Trained Alumni, joining its IOD India Global Network.
For Offline: It will be a 3 day condensed weekend certification Programme.
For Virtual: It will be a 4 day (two consecutive weekends) condensed weekend certification Programme
The training course offers flexibility in accessing information on a range of training modules relevant to Directors and Senior Executives. The course undergoes continuous enhancements to keep it updated, with the latest regulatory requirements, global trends and practices. The following are the normal set of modules, which are subject to change.
Companies Act, 2013 & Other Corporate laws: An Overview, The Board’s legal Environment: Duties, Responsibilities and Liabilities of a Director, Corporate Governance: Enhancing Stakeholder Value, Independent Directors: Improving Corporate Credibility and Governance Standards, Board Committees: Enhancing Effectiveness and Accountability, Strategic Leadership of Corporate Boards: Maximizing Effectiveness and Accountability, Financial Literacy for Directors, Driving Financial Performance etc.
Company Chairman/Chairperson, Directors, Presidents, CEOs, CFOs, Bankers, Fund Managers, Company Secretaries, Senior Government Officials, Senior Executives of NGOs, Investors, Brokers, Chartered Accountants, Management Analysts, Financial Consultant & Academicians and aspiring Independent Directors.
The course will update your understanding of boardroom practices, helping you to:
Please refer to the web-link below to access the calendar for the upcoming batches of IOD’s ‘Masterclass for Directors’ Programme. You may opt for your location & dates as per your convenience and availability.
https://iodglobal.com/masterclass-for-directors
The registration fee for ‘Masterclass for Directors’ Programme, entitles you to one year complimentary membership of IOD. However, if you enrol for annual membership in advance, you will be entitled to get 15% discount as IOD Annual Member and 30 % discount as Life Member, on the Masterclass Programme. Complimentary membership of one year is applicable for Non IOD members only.
Here are the detailed steps one needs to follow as per the process and procedure to enrol:
Step-1: Head over to (https://iodglobal.com/masterclass/registration_form) and complete the registration or send us your query at info@iodglobal.com and we will reach out to you.
Step-2: The payment can follow: online or through post with a DD/ Cheque, via the link https://iodglobal.com/pay_online.php
Step-3: When the Registration form and the specified fee is received, an official confirmation will be sent via email, outlining the Programme specifics.
Step-4: The Programme, followed by a submission of a Project Study Report & its approval, will lead to the award of "Certified Corporate Director” certificate.
IOD’s ‘Masterclass for Directors’ is a certification programme leading to the prestigious “Certified Corporate Director” Certificate followed by the submission of a Project Study Report.
The “Certified Corporate Director” certificate comes with a life time validity. However, we urge IOD Certified Alumni to enhance their knowledge in every 3 years to remain vigilant with the Regulatory amendments from time to time and evolving boardroom trends.
With a rich legacy of over three decades “Certified Corporate Director” certification from IOD offers esteemed recognition, acknowledging significant professional achievements in consistently meeting and upholding the highest standards of knowledge, experience, and integrity.
The Institute of Directors (IOD) being a globally recognized association of Directors, its objective is to provide its members and Certified Director Alumni with a comprehensive understanding of Indian Company Law and the legal framework governing boards, with a specific emphasis on the duties and responsibilities of Directors operating within India. However, it's important to note that since Indian corporate law draws influence from foreign jurisdictions, the certification from the Institute of Directors carries significant recognition both within India and internationally.
The ‘Masterclass for Directors’ Programme is followed by submission of a Project Study Report within 45 days of completing the Masterclass programme.
Each participant is required to prepare a project study in the form of a Project Study Report. The project topic can be chosen amongst any of the areas covered during the Masterclass. It serves as an opportunity for showcasing the application of acquired knowledge and demonstrating participants' competence in translating theoretical insights into practical skills.
The certificate is issued once the Project Study Report is approved by the Committee.
The Masterclass is open to all senior executives, with over 5 years’ experience at senior management level in Public or Private sector corporations/organizations and Government departments. If a participant needs any guidance or assistance to decide his/her eligibility to pursue this Masterclass, he/she can share his/her updated resume with us and we would be happy to assist further and support in mapping the eligibility of the participant.
Please note: IOD reserves the rights to give admission on its sole discretion.
You may apply at any time for the Masterclass. However, the reservation of seat & payment can be made well in advance since it is subject to the availability of seats as the batch size is limited, to ensure quality standards and is purely based on a first come, first serve basis.
The available discounts as per the policy are as follows:
Maximum discount permissible for Individuals is 30% & for Group is 25%.
Over the last 30 years, IOD has a legacy of bringing seasoned faculty members & experts and the-state-of-the-art board members who do not only share extensive skills but possess boardroom experience as well, across the dynamic spectrum of organizations—from multinational corporations and various public and private sector entities. This guarantees that our programme objectives are surely achieved with qualitative design, content and delivery respectively. The participants are benefitted from direct and relevant experience which is recognizable and useful to them in their daily professional goals and aspirations.
For more details, please visit the following link: https://iodglobal.com/masterclass-for-directors#faculty-profile
IOD has recently launched its freshly revised and revamped portal IOD Directors Databank - A Platform for Directors, A Gateway for Companies, to fulfil the need of Directorship positions in various Boards at the same time supporting our ever evolving Boardroom Community. As India is marching towards a larger and booming economy, this “IOD Directors Databank” surely will play a pivotal role in bringing the world together.
More details about IOD Directors Databank can be viewed at: https://iodglobal.com/directorsdatabank/
Yes, the empanelment on the IOD Directors Databank is open to all individuals nationally and globally. However, IOD members and certified alumni enjoy special privilege of getting publicised and projected through various channels like social media platforms, IOD website and the monthly publications.
Yes, IOD maintains IOD Directors Databank which also acts as a gateway for companies. It not only maintains a distinguished panel of Directors, both male and female, who possess the requisite qualifications, experience, and enthusiasm to serve as Directors across a spectrum of major industries but also aids in offering comprehensive assistance to companies in fulfilling their Board Recruitment needs. It serves as a vital link, seamlessly connecting Corporates with the aspiring Directors.
IOD is predominantly dedicated to providing essential insights to public limited companies seeking both Executive and Non-Executive Directors. Our IOD Directors Databank functions as a dynamic gateway, seamlessly connecting corporates with aspiring professionals. While the Masterclass equips individuals with foundational skills, the role of Executive and Non-Executive Directors demands additional traits, including visibility and networking, which extend beyond the Masterclass curriculum.
Recognizing this, we position the Masterclass as a valuable step in this journey. Our focus lies in cultivating a larger pool of Board-ready professionals, emphasizing the holistic preparation required for effective placements in corporate leadership roles.
IOD's mission is to impart the essential skills and knowledge necessary for effective corporate governance and to cultivate a pool of qualified, eligible, and willing individuals. While it would not be fair to put a percentage of individuals who have acquired Board-level positions after completing our Masterclass, we are proud to have witnessed an enviable number of success stories within our community.
Potential employers consider the holistic background of candidates, and completion of our Masterclass can act as an additional qualification for leadership roles. Many of our participants have successfully secured positions in various corporations, while others have advanced in executive leadership roles.
We highly recommend our participants to consider showcasing their profiles on other relevant social portals to maximize visibility.
As per the strategic approach, we urge all our members and the Director alumni to enhance their chances of boardroom induction by actively participating in various conferences and seminars to showcase their talents. Networking with key individuals is a proven method to gain visibility and attract opportunities.
IOD India provides numerous opportunities for networking through its national and international conferences, presenting valuable opportunities to connect with influential figures in the corporate landscape.
You can view a compilation of past participants from earlier batches of Masterclass Training Programme by clicking on the link provided below;
https://iodglobal.com/masterclass-for-directors#previous-participations
The Ministry of Corporate Affairs has provided a platform to develop a databank of Independent Directors by way of empanelment of existing Independent Directors as well as the aspiring professionals. Effective from 01st March, 2020, upon successful registration in the databank, every individual shall pass an online proficiency self-assessment test within a period of 2 years from the date of inclusion of his/her name in the databank.
IOD is an independent apex professional association for Directors and Senior Executives which conducts its flagship training programme ‘Masterclass for Directors’ leading to “Certified Corporate Director” – which is exclusively designed to assist you to pass the online test and address the challenges of the future board by up-skilling the aspiring Directors. It trains & certifies the existing Directors’ and aspiring Directors’ as “Certified Corporate Director”. It offers valuable and crucial insights on Board Processes and Board Strategic Involvement with a focus on the role of Independent Directors, Changing Statutory Regulations (LODR, Companies Act, MCA etc.,) including Board simulation exercise to validate & enhance the preparedness for the future roles and needs.
The objective is to develop a prominent databank of qualified Independent Directors by way of empanelment of all existing Independent Directors as well as the professionals aspiring to become Independent Directors.
Every Individual who intends to get appointed as an Independent Director in a company may register his/her name in the databank and apply for the Online Proficiency Self-Assessment test.
Any individual may voluntarily apply for the inclusion of his/her name in the databank. For detailed information on the application process for DIN, please refer to the following link: https://www.mca.gov.in/MinistryV2/applyfordin.html
The Online Proficiency Self-Assessment test comprises a total of 50 MCQ questions, divided into 25 direct questions and 25 scenario-based questions, each carrying two marks. The entire test is designed to be completed within a 75-minute time frame, giving an average of 1.5 minutes for each question.
Passing the Online Proficiency Self-Assessment test requires an individual to score at least fifty percent in aggregate.
Yes, there are few exemptions for the online proficiency test and those are given on the link https://www.independentdirectorsdatabank.in/self_assessment for your reference.
Yes. The certificate is generated online after passing/clearing of the online proficiency test. However, no printed certificate (hard copy) would be provided.
Presently, MCA has not notified any duration for the validity of the certificate. However, it shall be subject to any change in the said rules at the discretion of MCA.
IOD’s ‘Masterclass for Directors’ programme include exclusive sessions on the Mock Test followed by a detailed discussion on Mock Test giving a comprehensive overview to prepare individuals about the actual test.
If an individual fails to clear the online test in 1st attempt, the next slot can only be booked after 1 day from the previously booked slot date and time. There is no limit on the number of attempts an individual may take for passing the Online Proficiency Self-Assessment test.
Yes. The registration is required to be renewed based on the subscription plan selected. The databank would maintain the inclusion of the name for the said duration of subscription only. In order to keep the name included in the databank in compliance to the rules, the subscription is required to be renewed if not opted for lifetime.
(Empowering professionals to transition into Directorships)
“As India sets its sights on becoming the world’s 3rd-largest economy, the corporate sector is evolving rapidly and strong, independent leadership is more crucial than ever.”
Rising Demand: India’s corporate sector needs over 1,000 Independent Directors each year, driven by stricter governance norms and regulatory expectations.
Opportunity for Experts: Companies are actively looking for capable candidates such as Retired and senior professionals are well-positioned to contribute as Independent Directors, bringing strategic insight, experience, and mature judgment.
Public Sector Gap: 86% of Independent Director Positions in Central Public Sector Enterprises (CPSEs) are currently vacant, with 208 new appointments underway.
Corporate Trend: Over 53% of board members in NSE-200 companies are now Independent Directors, highlighting their growing role in corporate leadership.
(Empowering professionals to transition into Directorships)
M-56 A, G.K Part-2 (Market)
New Delhi - 110048, INDIA
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