new delhi the indian school of business isb has joined hands with university of california los angeles ucla to launch a sixmonth programme in financial engineering says deepak chandra associate dean of the centre for executive education isb the financial services sector in india is growing and it needs a more mature level of skills thats why we thought of this programmethe genesis of the programme began 15 years ago when a high level delegation from ucla including dean judy olian had come down to india says bhagwan chowdhry professor of finance at uclas anderson school of management and codirector of this programme the demand for financial engineering professionals in india is growing to add to that two other things are happening one the financial services industry serving the us and europe is moving to india two the market in india itself is growing the programme jointly delivered by ucla and isb faculty is divided into four modules of one week each the first module comprises of fundamentals that will be followed by three specialized modules in quantitative asset management financial risk management and security analysis valuation and research participants will also have to complete a project the programme allows a participant to choose to take all four modules or just the first module and the specialized modules of his choice