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  • Arun Jaitley National Institute of Financial Management, AJNIFM, Faridabad

  • About Arun Jaitley National Institute of Financial Management:

    The Arun Jaitley National Institute of Financial Management (AJNIFM) is a Center of Excellence specializing in capacity building of professionals in the fields of Public Policy, Financial Management and other 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. To begin with it was 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 center to meet the training needs of Central Government for senior and middle level of management too. AJNIFM also caters to the State Governments, Defence establishments, Banks and other Financial Institutions. AJNIFM plays a pivotal role in governance and administrative reforms by providing a platform for interaction and exchange of ideas & experiences among officers from different organized services, different state governments and between personnel of civil and defense establishments.


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  • List of available courses
  • Course Name: MBA in Financial Management
    Course Description: Master of Business Administration (MBA) Financial Management 2022-24 [Jawaharlal Nehru University, New Delhi]
    Opening Date: 23 May 2022
    Closing Date: 01 Jun 2022
    Category: Management


    Eligibility:
    I. For officers from Central Governments/ State Governments/ Union Territories/ Central PSUs/ State PSUs/ Autonomous Organizations under State or Central Governments/ Other bodies of the Central/ State Government from India or Abroad
    a)    All participants must have completed Graduation or a degree equivalent thereto from an Indian/foreign university (institution) recognized by the Association of Indian Universities, Ministry of HRD, Government of India. Minimum percentage of marks at graduation level must be 50%.
    b)    The upper age limit for all participants is 50 years on the last date of submission of the application form for the programme.
    c)     The Officers should be working at middle/ senior level in their respective organisation with work experience of at least three years (officers in the pay level 12 and above or equivalent in PSUs. However, officers of pay level 10 and 11 and equivalent in Central Government / State Governments/ Union Territories/ Central PSUs can also be considered subject to availability of seats).
    II. For Candidates from Corporate Sector from India or Abroad
    a)    Conditions as mentioned above at a), b) and c)
    b)    Aspiring participants from the corporate sector must give their percentile score of CAT/ XAT/ CMAT/ MAT/ GMAT and ought to have work experience of minimum three years at a managerial position in a corporate entity considered to be equivalent to pay level 12 of central government.
    (The programme is also open for self-sponsored candidates having 3 years of managerial experience or in management of his/her business.)
    SELECTION PROCESS
    Admission forms may also be downloaded from AJNIFM website. Applications, complete in all respect should reach by post to K. P. Kaushik, Professor (Finance & Accounts) and Programme Chair, PGDM(FM)/ MBA(FM), Arun Jaitley National Institute of Financial Management, Sector- 48, Pali Road, Faridabad, Pin code – 121001 (Haryana) by the due date in a sealed envelope supered as “Application for PGDM(FM)/ MBA(FM) 2022-24”. Aspirants also have the option to apply online through website link http://www.nifm.ac.in/user/register or may send scanned copy of their application at E-mail: mbafm2022@nifm.ac.in followed by hard copy. In case of sponsored candidates the letter from the sponsoring organizations should be sent by the due date. The ‘Date Schedule’ stated at the last page of the prospectus has to be followed in all the cases. From the total applications received by last date and found eligible the applicants will be allotted seats in the following order:
    ·          Officers of Central Government
    ·          Officers of State Government
    ·          Government Officers of Foreign Countries
    ·          Officers of Autonomous Body of Central Government
    ·          Officers of Autonomous Body of State Government
    ·          Officers of Autonomous Body of Foreign Countries
    ·          Officers of Central PSUs
    ·          Officers of State PSUs
    ·          Officers of Private Sector
    ·          Officers of Private Sector of Foreign Countries
    ·          Self-Sponsored Candidate
    a. FOR GOVERNMENT EXECUTIVES (INDIA AND OVERSEAS)
    Applicants will initially be short listed by the Institute. This would be communicated to the candidates and/or their sponsors through email and/or phone. The sponsors would be requested to depute their candidates well in time for attending the Group Discussion & Interviews, meant for short listing the candidates.
    b. FOR CORPORATE EXECUTIVES
    Applicants are required to submit their percentile score of CAT/ XAT/ CMAT/ MAT/ GMAT and they will be called for Group Discussion and Personal Interview.
    c. Score Accepted
    All CAT/ XAT/ CMAT/ MAT/ GMAT last two year score only.
    All supporting documents / testimonials (date of birth and letter from sponsoring organization) in original shall be required at the time of screening and/or final admission to the programme. Mere fulfilling the minimum eligibility qualifications by the candidate shall not bind AJNIFM for offering admission to the candidate to the Programme. Selected Candidate shall be required to join the programme a day prior to starting of the course.
    Decision of AJNIFM regarding admission of the candidates to the programme shall be final.

    How to apply:
    Application Fee/ Cost of Prospectus:
    For Indian National: Applications for the programme have to pay application fees (non-refundable) of Rs.2000 (Rs. two thousand only). This is to be paid only by the candidates from PSUs, Corporate Sector Executives, Overseas Participants and Others.

    Comments:
    Submission of the form/Nominations from their Sponsoring Organization: 1st June, 2022
    Group Discussion and Interviews etc: 15th June, 2022 from 10 a.m. onwards
    Start of the programme: 1st July, 2022
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  • Course Name: MBA in Finance
    Course Description: Master of Business Administration (MBA) Finance 2022- 24 [AICTE Approved]
    Opening Date: 16 Apr 2022
    Closing Date: 30 Apr 2022
    Category: Management


    Eligibility:
    A. Private Participants
    (I) A Bachelor’s degree or equivalent awarded by any of the universities incorporated by an act of the central or state legislature in India or other educational institutions established by an act of Parliament or declared to be deemed as a University under Section 3 of the UGC Act, 1956, or possess an equivalent qualification recognized by the Ministry of Education, Government of India. The Bachelor’s degree or equivalent qualification obtained by the candidate must entail a minimum of three years of education after completing higher secondary schooling (10+2) or equivalent.
    (II) A minimum of 50% marks in aggregate (of all the years/semesters) or equivalent CGPA in the qualifying degree is required.
    (III) For SC/ST/PWD candidates, a minimum of 45% marks in aggregate (of all the years/ semesters) or equivalent CGPA in the qualifying degree is required.
    (IV) Candidates must have qualified in any one of the all India Common Admission Tests i.e. CAT, XAT, CMAT, MAT or GMAT and submit the valid test scores not more than 2 year old
    (V) The upper age limit is 30 years on the date of commencement of the programme
    (VI) Reservation Policy will be as per Jawaharlal Nehru University norms.
    B. Corporate Executives
    (I) The maximum age of the participant should not exceed 50 years on the date of commencement of the programme.
    (II) A minimum 3 years of work experience is required at the time of Commencement of the Programme
    (III) The participant should submit NOC/ Sponsorship Certificate from the respective organisation.
    (IV) Rest of the norms are same as applicable to the private participants mentioned in para A of eligibility criteria.
    The final list of selected candidates will be based on aggregate of the following:

    Test

    Weightage

    All India Level Common Entrance Test

    50%

    Group Discussion

    25%

    Personal Interview

    25%
    C. Government Officers
    (I) Minimum percentage of marks at graduation level should be 50%.
    (II) The maximum age of the participant should not exceed 50 years on the date of commencement of the programme.
    (III) Officers at middle/senior level working with the Central or State Governments or similar participants from foreign countries are eligible to apply for admission.
    (IV) Government officers are exempted from Common Admission Tests i.e. CAT, XAT, CMAT, MAT, GMAT.
    The decision of the Selection Committee of AJ-NIFM for selection will be final and no correspondence in this matter shall be entertained by AJ-NIFM.

    How to apply:
    APPLICATION PROCEDURE
    For Private Participants/Corporate Executives
    ·          Candidates may apply through the prescribed application form duly filled in all respects. The completed application form along with resume, proof of educational qualifications, category certificate work, experience (if any), copy of CAT/XAT/ CMAT/MAT/GMAT valid score card and Application fee of `2,000/- (to be paid through Demand Draft or online by RTGS/NEFT and the relevant reference number be mentioned on the application) be sent to Arun Jaitley National Institute of Financial Management (AJ-NIFM), Sector-48, Pali Road, Near Badkhal Lake, Faridabad-121001, Haryana, on or before 30th April 2022. The envelope should mention “Application for MBA (Finance), 2022-24”. The duly filled in application form should also be mailed at finance@nifm.ac.in
    ·          The applications of the candidates not having valid score of CAT, XAT, CMAT, MAT, GMAT will not be entertained
    ·          Shortlisted candidates will be called for Group Discussion and Personal Interview for admission to this Programme.
    For Government Sponsored Officers/Candidates
    The government sponsored candidates are eligible for direct admission to the full time Master of Business Administration (Finance). Applications, complete in all respects, should reach AJ-NIFM by 20th June, 2022. Candidates shall be shortlisted by the Institute and the shortlisted candidates and their sponsors would be intimated accordingly. The institute reserves the right to interview such candidates. All supporting documents/ testimonials (matriculation certificate onwards and relieving letter from the organisation), in original, shall be required to be submitted at the time of final admission to the Programme.
    Documents to be attached with the Application Form
    1.     Copy of 10th, 12th and graduation mark sheets and certificates.
    2.     For candidates in the final year of graduation, semester-wise or year-wise mark sheet be submitted along with the admit card for their forthcoming final year examination or a letter from the Head/ Dean of the College/University certifying the same.
    3.     Copy of category certificate from central /state government
    4.     Copy of valid score card of CAT/XAT/ CMAT/MAT/GMAT
    5.     Copy of professional qualification viz. CA, CS, CWA, CFA or any other professional qualification.
    6.     Demand Draft for the application fees (in case of offline payment)
    Note: All the above mentioned documents should be self-certified / attested except Demand Draft
    Demand Draft of Application Fee
    In favour of “Accounts Officer, Arun Jaitley National Institute of Financial Management” payable at Faridabad.
    Bank Details (In case of Online Transfer/RTGS/NEFT)
    IFSC Code : HDFC0002445,
    Bank A/c No. : 50100083121045,
    Payee Name : Arun Jaitley National Institute of Financial Management
    Bank Name : HDFC Bank Ltd.
    General Instructions for all candidates Mere fulfilling the minimum eligibility criteria by the candidate shall not bind AJ-NIFM for offering admission to any candidate to the Programme. The decision of AJ-NIFM regarding admission of the candidates to the Programme shall be final and no correspondence in the matter will be entertained.

    Comments:
    Last-Date for submission of application: 30th April, 2022
    Group Discussion / Personal Interview: 16th - 18th May, 2022
    Please click the following link for other valuable news available on our Blog: -   blog.admissionnews.com ~~!!~~ My Admission News Blog ~~!!~~ Admission News  BlogSpot ~~!!~~ Scholarship BlogSpot