NIFM provides professional training to the probationers of six organised central services listed below, which are responsible for the management of Finance, Accounts, Costing and Audit functions in the Government of India. The duration of the Professional Training Course is 52 weeks.

1.            Indian Audit & Accounts Service

2.            Indian Civil Accounts Service

3.            Indian Cost Accounts Service

4.            Indian Defence Accounts Service

5.            Indian P&T (Finance & Accounts) Service

6.            Indian Railway Accounts Service

The course is now converted to one year Post Graduate Diploma in Public Financial Management. The Diploma is approved by All India Council for Technical Education (AICTE). On successful completion of the course, the probationers will get PG Diploma.

All the papers of 45 and 23 sessions duration are evaluated for 100 and 50 marks each respectively. The complete marking scheme for the three terms is as follows:                         

For detail Syllabus [DOWNLOAD]

The minimum marks to pass the examination would be 40% in individual subjects and 50% marks in aggregate. Reexamination in individual subjects is exempted in which the probationers obtain 60% marks. 

Minimum 75% attendance in a term is required to become eligible to appear for the term end examination.           

Additionally, due weightage is given to aspects of general discipline, extracurricular and cultural activities etc. so as to help build up a complete and wholesome personality. Accordingly marks are awarded for such activities as per the table below: 

This course is conducted exclusively for the probationers of six Group ‘A’ services. The duration of the course is 44 weeks in which a number of areas are covered. The syllabus is under review.

The Officers' Mess comprises of an air-conditioned lounge and an air-conditioned dining Hall. The mess food is provided by a contractor. The probationers are expected to strictly observe the meal timings.

The hostel building which matches in design with the main Institute building has accommodation for about 175 trainees on single and double occupancy basis. Officer trainees are expected to maintain their rooms themselves. Beds must be made when not in use. Electrical Appliances, lights & taps must be switched off when Officer-trainees leave their rooms or when otherwise not required. Damage to Institute property caused through negligence will have to be made good by the concerned officer trainee.

• Daily newspapers/magazines are available for reading in the lounge (Ground Floor) of the hostel.
• Two internet labs have been provided in Hostel lobby with computers.
• Five Washing Machines have been installed in the Hostel for use by the Probationers / trainee officers.
• Reverse Osmosis Water Filters are installed in the Hostel. Probationers are advised not to drink unfiltered water.
• Two lines have been provided in the hostel to avail STD facility through VCC cards or conferencing on payment basis.

Hostel Attendants are available in the hostel round the clock to facilitate the officer trainees. Officer trainees are required to follow the following security instructions strictly as under:

• Officer trainees should put their own locks in the hostel rooms.
• Valuable articles such as jewelry, cash etc. should not be kept in the hostel rooms.
• Before leaving the rooms, the doors opening in the balconies must be properly bolted/locked & keys should not be left with the room boys.
• Cleaning of the rooms in the hostel should be got done by the officer trainees in their presence.
• Reception Staff should not be sent on private errands.
• Any suspicious movement of persons be immediately reported to the security guard/Reception Desk and /or Security Office or Faculty-in-charge (Security).
• Individual lockers are provided at the Ground Floor for receiving mail and also for official communications issued by NIFM. Officer trainees are expected to check their lockers on a regular basis.