It gives me immense pleasure in sharing that the Arun Jaitley National Institute of Financial Management (AJNIFM) is a ‘Centre of Excellence’ for capacity building of professionals in the field of Public Financial Management. It has also, over the years, diversified into areas of Public Policy, Financial Management, Financial Markets and Governance issues for promoting highest standards of professional competence and practice.
AJNIFM was set up in 1993 as a registered society under Ministry of Finance, Government of India. It was initially mandated to train the officers recruited by the Union Public Service Commission (UPSC) through the Civil Services Examination and allocated to the various services responsible for managing senior and top management posts dealing with accounts and finance in the Government of India. In due course of time AJNIFM has become a premier resource centre to meet the training needs of Central Government for senior and middle level of management. AJNIFM also caters to the training needs of State Governments, Defence establishments, Autonomous Bodies and other Financial Institutions.
The faculty at AJNIFM is a healthy blend of senior Government executives and academicians. The senior executives combine their rich field experience with strong academic credentials to provide a vibrant and stimulating atmosphere of training. AJNIFM has a wide base of visiting faculties and senior consultants, drawn from various fields who have specialised domain knowledge and rich experience in their respective fields. The Academic Advisory Committee assists the Institute to create, maintain and expand academic, training and research activities.
AJNIFM provides professional training to probationers of the six Central Group ‘A’ Finance and Accounts Services. AJNIFM also provides integrated mid-career professional training to in-service officers of Central and State Governments. Management Development Programmes (MDPs) provide short-term training for middle level to senior level officers of Central Government, State Governments, PSUs, Autonomous Bodies and Urban Local Bodies. These courses provide opportunity for professional development, facilitate exchange of ideas, promote quality in financial management, and bring together government officials and finance managers and professionals from other disciplines.
A Post Graduate Diploma in Government Accounting & Internal Audit (PGDGA&IA) of one year duration is conducted to upgrade the technical skills of officials of the organised Accounts Services in the areas of Accounting, Internal Audit, Information Technology and General Management and also to improve their soft skills.
Besides, AJNIFM runs a two-year Post Graduate Diploma in Management (Financial Management). This programme has provided opportunity to serving officers of various Government Departments including Defence Services, State governments etc. to get exposure to contemporary areas of financial management.
In addition, AJNIFM has diversified into financial markets by starting a two-year Post Graduate Diploma in Management (Finance). The programme has been well received by the participants who are largely from private sector. After completion of the programme the participants join the corporates in the domain of Capital Markets as Funds Managers, Investment Bankers, etc. and also in Private Sector Banks and Research Organizations.
All the long term programmes are duly approved by AICTE.
The Institute undertakes various Consultancy projects, and sponsored studies for various Departments of Union as well as State Governments, Public Sector Undertakings, Municipal Bodies and Autonomous Bodies.
The Institute has a Library with a collection of over 37,000 books & subscription to over 69 Indian and 23 foreign printed journals and periodicals. The library also subscribes to more than 5,000 e-journals from different database. The Library is also a Member of Delnet.
The Institute has its own campus on 42 acres of delightful greenery, adjacent to the famous Badhkal Lake at Faridabad on the outskirts of the National Capital. This houses the main Institute building, participants’ accommodation (two Hostels), mess and a sports complex, with all modern day facilities. The campus also houses faculty and staff quarters. Lush green lawns and open spaces covering over eighty percent of the campus provide a conducive environment for learning.
The Institute is a place where people from different States with diverse qualification & socio-cultural backgrounds interact with each other and learn from each other. The mix of participants from Probationers to Senior Executives helps in enriching the learning atmosphere, and continuous improvements.
I welcome you to AJNIFM. It shall be our effort to share information about the Institute and provide a platform for learning and sharing experiences in the field of Public Policy and Financial Management.
I wish all the best to all the prospective participants of the programmes.
Prabhat Ranjan Acharya