The Program titled “Post Graduate Diploma in (Financial) Management is a two-year full time Program for senior executives from the Government, public and the private corporate sector. The Program is duly recognized by the All India Council of Technical Education (AICTE) and has also been recognized equivalent to master program in Management by Association of Indian Universities (AIU).

The program designed under the overall guidance of a high level Academic Advisory Committee, features the  contents of similar programs run by the best ‘B-schools’ of national and international repute within India and abroad. The program sensitizes the participants to the contemporary concerns facing the country, the Government and the Corporate Sector.

This program has factored in the inputs that would capture the latest approach of the Government to enter into various ventures with private partners. This has thrown open new vistas of challenge for the private corporate sector and requires the private corporate sector to understand and appreciate the business environment on different footings. Accordingly, the understanding of fiscal and financial functioning of the Government would be of great significance for the executives of corporate sector in meeting the challenges of corporate financial management.

The program addresses the key issues in Public Financial Management. The program design has been cast with apt care to capture relevant issues that impact governance and the corresponding delivery by the public authorities.  As the Governments, at various levels, are becoming increasingly concerned for timely and quality delivery the requisite managerial skills and capacity development are posing serious challenge.

The Program is therefore, designed to facilitate capacity development in the Government as well as in the corporate sector to meet the emerging economic and social aspirations.

The effective delivery of the program requires proper appreciation of ‘Applied Information Technology’ by all participants. The institute facilitates the participants towards application of Information Technology in various papers not only by having designed the appropriate curriculum but also by providing the best possible IT infrastructure. 

Officers at middle / senior level working with the Central or State Governments, Public Enterprises and autonomous organizations belonging to State / Central Government.  

Or

Similar participants from foreign countries 

Or

NIFM trainee officers of Central Finance and Accounts Services

Corporate Sector

Working Executives from the private corporate sector.

Government Sector

1. All participants must have completed Graduation or a degree equivalent thereto from an Indian University / Institutions recognized by Association of Indian Universities. 
2. Minimum percentage of marks at graduation level should be 50%.  Scoring higher percentages at higher levels such as post-graduation would not relax the minimum percentage requirement at graduation level. 
3. The upper age limit for all participants would be 50 years on the date of commencement of the program.
4. Sponsorship from the employer Government / organization.

Corporate Sector

1. All participants must have completed Graduation or a degree equivalent thereto from an Indian University / Institutions recognized by Association of Indian Universities. 
2. Minimum percentage of marks at graduation level should be 50%.  Scoring higher percentages at higher levels such as post-graduation would not relax the minimum percentage requirement at graduation level. 
3. The work experience of minimum 03 years at a managerial position in a corporate entity.
4. The upper age limit for all participants would be 50 years on the date of commencement of the program.

The participants are taken subject to necessary approvals to a two week international attachment in which an intensive coverage of international developments and perspective in critical areas of governance, financial management etc. are provided.

Domestic Attachment

The participants would be placed for short durations to the specific Institutions / organizations as per need of the program.

In the second year each participant is required to undertake a research project. Any research problem of contemporary relevance (theoretical / action) may be identified by the participants in consultation with the faculty towards completion of the First Year.

The timing and duration of the project work would be as per the curriculum.

The faculty identified by NIFM would guide the participants in research, analysis, preparation and completion of the project.

Government

Corporate Sector

Payment Schedule:

Before admission                                                                                                          Rs. 2.50 lakhs

Before commencement of 3^rd trimester                                                                           Rs. 2.50 lakhs

Before commencement of 5^th trimester                                                                           Rs. 2.50 lakhs

First Trimester

Second Trimester

Third Trimester

Fourth Trimester

Fifth Trimester

 Training Placement

Sixth Trimester

• Admission to the program would be based upon Group Discussion and Personal Interview. The weightage of different elements of screening would be as under :

• Applications, completed in all respects and received by the last date i. e. 26.02.2010 would be short listed by the Institute.
• The names of short listed candidates would be displayed on the NIFM website on 05^th March 2010 and the candidates would also be intimated through e-mail.
• Appropriate screening would be applied to finalize the admission of the candidates from amongst the short-listed candidates.
• The Group Discussions would be held at NIFM Campus on 20^th March 2010 from 10 A.M. onwards.  The candidates qualifying the group discussion would appear for personal interview on 21^st March 2010.
• Participants finally admitted to the program would be intimated latest by first week of April 2010 to enable them to get relieved from their respective organizations. The list of candidates finally admitted to the program would also be available on the official website of NIFM and the admitted candidates would be requested to join on a date notified by the Institute. 
• All supporting documents / testimonials in original would be required at the time of group discussion / personal interviews as well as at the time of final admission to the program.  
• Fulfilling merely the eligibility criteria and appearing for group discussion/ personal interview would not entitle the participant for admission to the program. Decision of NIFM regarding admission of the candidates to the program would be final. 

Sponsored candidates of Government would be exempted.