IDI - Programs | Independent Directors' Institute

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Introduction to Online Course (IDI - Program)

The role of an Independent Director is critical as a watchdog. They make certain that cases of corporate mismanagement do not occur. Independent Directors, also known as Non-Executive Directors, serve on the board of directors in a variety of capacities. They come from various backgrounds and have a wide range of skills. There is also a growing demand for Independent Directors with a track record of success. Recognizing the growing complexity of Independent Directors' work, Independent Directors’ Institute has developed online courses. These e-courses are designed to refresh Non-Executive Directors' basic knowledge base and increase their efficiency.

Participants will be taught how to be more globally oriented and focused in their pursuit of knowledge. The Ministry of Corporate Affairs hopes to build an effective company board that is knowledgeable about all aspects of corporate governance through online courses. In addition, the Ministry wishes to meet future demand for professional, knowledgeable, and effective Independent Directors. IDP is a compilation of relevant clauses from the Companies Act of 2013, the SEBI's Listing Obligations and Disclosure Requirements (LODR), and various case studies. By also going through some “International Best Practices,” IDP will aid in the development of professionalism among Non-Executive Directors as well.

Benefits of IDI - Program

These courses open up a world of opportunities for Independent Directors and professionals looking to join the ranks of Independent Directors. It offers the following benefits:

Consolidated Resources: Different provisions and sections of the Companies Act, 2013, SEBI LODR, case studies, and other resources are consolidated in one place for participants' convenience.
Develop Corporate Governance Competence: By taking these online courses, Independent Directors and future aspirants will have a strong understanding of corporate governance and will be aware of when they need to blow the whistle.
Develop Integrated Thinking and Skill: These courses can help Independent Directors from various backgrounds develop integrated thinking and skill.
Establish a Professional Approach: Through the online courses, Independent Directors can learn about the proper approach to take during a conflict or crisis.
Courses based on “International Best Practices”: Case studies on the world's largest corporations are available to provide Independent Directors with a concentrated point of reference.