Indian Institute of Finance
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A
IIF Courses & Admission Queries
A 1. What are the courses offered at IIF?
A 2. Who is eligible to apply ?
A 3. What is the batch strength ?
A 4. What is the fee structure ?
A 5. How is fee required to be paid ?
A 6. What is the application procedure for the course at IIF ?
A 7. How much is the Prospectus and Application Form for ?
A 8. What is the selection process at IIF ?
A 9. When do the session begin ?
A 10. When should one apply for the courses ?
A 11. What is the placement scenario at IIF ?
A 12. What is the recognition of Institute and its courses ?
B
The Institute
B 1. When was IIF Set-up ?
B 2. What kind of Library and Computer Centre does IIF have ?
B 3. Who all teach at Indian Institute of Finance ?
B 4. Why one should choose IIF ?
B 5. Please tell me something about the journal " Finance India " ?
B 6. Where can I get more information about IIF ?
C
Student activities and facilities
C 1. What are the academic facilities available at IIF ?
C 2. Does IIF offer hostel facility ?
C 3. Does IIF provide financial assistance to needy students ?
C 4. Does Institute have tie up with banks for students loan ?
C 5.. How is the students life at Indian Institute of Finance ?
C 6. What are extra curricular activities at IIF ?s
Important Websites
Indian Institute of Finance http://www.iif.edu
Admissions Information http://www.iif.edu(Admission_Section)
Finance India http://www.financeindia.org

A

IIF Courses & Admission Queries
A 1. What are the courses offered at IIF ?
Ans IIF offers the following Post Graduate Programmes

Regular Programme

Management of Business Finance (MBF) 2 yrs full time
Executive Management of Business Finance (EMBF) 3 yrs part time
Fellow Programme in Finance (FBA Finance) 3 yrs full time (minimum)
Short Term Research Program 2 to 12 months
Management Development Programme  

Distance Learning Programme

Basic Business Finance (BBF) 1 yrs DLP
Management of Business Finance (MBF) 2 yrs DLP
Post Graduate Diploma in Business Finance (PGDBF) 3 yrs DLP

A 2.

Who is eligible to apply ?
Ans For REGULAR PROGRAMME
MBF & EMBF
Minimum Graduation in any discipline from Indian or Foreign recognised University with minimum of 60% marks
FBA (Finance)
Minimum Post Graduation in any discipline from Indian or Foreign University with first division or first class MBF from Indian Institute of Finance.

ELIGIBILITY FOR DISTANCE LEARNING PROGRAMME

BBF, MBF & PGDBF
Minimum Graduation with 60 % in any discipline.GPS system of evaluation.Work Experience required
A 3. What is the batch strength?
Ans The strength of different courses depend on the programmes as follows:

REGULAR PROGRAMME
: Each Class has a Maximum of 60 students.

Management of Business Finance (MBF) 120 students (Two classes)
Executive Management of Business Finance (EMBF) 30 students
Fellow Programme in Finance (FBA Finance) 10 students
Short Term Research Programme 5 students

DISTANCE LEARNING PROGRAMME

Basic Business Finance (BBF) 240 students
Management of Business Finance (MBF) 240 students
Post Graduate Diploma in Business Finance (PGDBF) 240 students

A 4

What is the fee structure ?
Ans. Fee structure (On Semester basis )
The fee includes tution, cost of study materials -text books,test questions and case studies, conduct of semester examination and subcription to 'Finance India'.

REGULAR PROGRAMME

Management of Business Finance (MBF)

(2 years -6 semester )
Admission Fee Rs. 20,000 / US$ 1000
General Category (For Indians) Rs.80,000 per semester
Corporate sponsered /NRI's /NRI sponsered /Foreign nationals US$ 4,000 per semester
Executive Management of Business Finance (EMBF) 3 years -9 semester)
Admission Fee Rs. 20,000 / US$ 1000
General Category (For Indians)
Rs.80,000 per semester for 1st Year & Rs 10,000 per year for next two years and onwards.
Corporate sponsered /NRI sponsered. /Foreign nationals
US$ 4,000 per semester for 1st year & US$ 1000 per year for next two years and onwards.
** 1st year is Course Work and 2nd year onwards is research and thesis.

Note for All Regular Programs
1. Refundable Security deposit of Rs. 20,000/- (US$ 1000/-) paid with 1st semester fee
2. Admission Fee is Non-Refundable
3. FEE ONCE PAID IS NOT REFUNDABLE.

DISTANCE LEARNING PROGRAMME

Basic Business Finance(BBF)
(1 yr DLP)
Rs.15,000 per semester (for Indians in India) / US$1,500 per semester
Management of Business Finance (MBF)
(2 yr DLP)
Rs.15,000 per semester (for Indians in India) / US$1,500 per semester
Post Graduate Diploma in Business Finance(PGDBF)
(3 Yr DLP)
Rs.10,000 per semester (for Indians in India) / US$1,000 per

A 5.

How is fee required to be paid?
Ans. Fee is required to be paid Through Demand Draft / Pay Order drawn in favour of "Indian Institute of Finance" payable at Delhi. Each semester fee is payable at one installment before the beginning of each semester.
A 6. What is the application procedure for the courses at IIF?
Ans.

For Regular Programme: MBF/EMBF/FBA (Finance)

1.
Fill-up application form of Indian Institute of Finance.
2.
Take Written Exam - XAT / AIMAT / GMAT to be submitted (last 1 year scores are valid)
3.
Participate in Group Discussion and Interview.
4.
There is No Written Exam (exempt) for Sponsored Category candidates / University Toppers. (Top 3 distination)
 

For Distance Learning Programme: BBF/MBF/PGDBF

1.
Fill-up application form of Indian Institute of Finance.
2.
Selection would be given on merit, past work experience and Grade Point System(GPS) of Evaluation (Please see prospectus for more details).
3.
Work Experience is required.
A 7. How much is the Prospectus & Application Form for?  
Ans.
Prospectus & Application Form can be availed from the Institute for Rs.1000/- or US$50 (for foreigner) to be paid through Demand Draft/Pay Order drawn in favour of "Indian Institute of Finance" payable at Delhi. A processing fee of Rs. 200/- or US$ 10/- is to be sent along with application form for regular program applications.
 
Online Application form: The form may be downloaded from our website - http:// www.iif.edu. The application (Rs. 1000/- or US$ 50/-) & processing fee (Rs. 200/- or US$ 10/-) is paid when the form is sent to the Institute in case of Online applications. You may also procure the same via Email (admission@iif.edu) addressed to Admission Coordinator.
For All DLP applicants are required to send the 1st semester fee with their application form also. For the candidates who are not selected, the 1st semester fee would be refunded in full immediately.
A 8. What is the selection process at IIF?  
Ans.
For Regular Programme: MBF/EMBF/FBA (Finance)
Selection is based on Graduation scores, Written exam scores ( XAT (>60%) /AIMAT ( > 600)/ GMAT score (>1400)), Group Discussion and Interview performance, References / Recommendation submitted with Application Form, Work Experience of the candidate .
   
  For Distance Learning Programme: BBF/MBF/PGDBF
Selection is based on Graduation scores, Work Experience of the candidate, Grade Point System (See prospectus for details), References / Recommendation submitted with Application Form.
   
A 9. When do the session begin? TOP
Ans. Regular Programme: MBF/EMBF/FBA Finance
1st July
       
  Distance Learning Programme: BBF/MBF/PGDBF 1st May / 1st November.
   
A 10. When should one apply for the course?
Ans. Regular Programme: MBF/EMBF/FBA Finance For July session
(Sept. onwards till 30th May)
     
Distance Learning Programme: BBF/MBF/PGDBF

For May session
(January onward till 20th April)

For November session
(June onward till 20th Oct.)

 
A 11. How is the placement scenario at IIF? TOP
Ans. IIF has a well established placement division and has developed linkages with various leading banks, financial institutions, industry: private and public sector enterprises to facilitate and assist its candidates in proper placement. It acts as a liaison between prospective employers and students seeking placement.
     
 
IIF has been ranked 25th for placement by OutlookMoney September 2003 and 34th based on placement with moderate fee structure by Management Refresher September 2002 (of Competition Refresher) and Intelligent Investor October 2001.
   
A 12. What is the recognition of Institute and its courses? TOP
Ans. The Institute & the programs are very well recognised in the corporate sector both in India & Abroad. All the Programs of the Institute hold high Market Value.
   
 
The ranks have placed the IIF as the THE BEST NICHE Business School in Finance in India (Outlook September 2003), THE Best Sectoral Business School in Finance in India (Outlook September 2002), as the 40th Worldwide (out of 148 organizations in Finance, Labour & Micro economic and macro-economic by American Statistical Association - Business & Economic Datalinks August 2002, for providing financial database and corporate information. It has been ranked 24th and 34th based on placement by Management Refresher September 2002 and Intelligent Investor October 2001.
   
B
The Institute
B 1. When was IIF Set-up? TOP
Ans. Indian Institute of Finance (IIF) was founded in 1987 as a non-profit autonomous educational Institution , to promote education and research in finance. IIF is unique and the only organization of its kind in India. IIF is known internationally and has a very high market value.
   
B 2. What kind of Library and Computer Centre does IIF have? TOP
Ans. IIF Library -
 

- The library is bestowed with 52,800 books in finance, tax, management, law, accounting and economics.
- IIF library receives over 850 technical journals (including 250 foreign journals).
- IIF library acts as depositary library in various international institutions.
- Annual reports of over 3000 Companies on an annual basis.
- Reports & research papers of World Bank, IMF, UN, Federal Reserve Bank, Bank of Japan, Bank of Taiwan & other national & international organizations.

   
  IIF Computer Centre -
  - A centralized computing facility to complement the teaching and research function of the Institute.
  - Various software packages and graphic tools are maintained to facilitate the general computing requirements.
  - 60 Computers only for computers supported by IBM Pentium IV and IBM Pentium II Net finity 3000 based server with multiple Pentium nodes & stand alone PCs with Multi Media Facilities.
  - Various software packages, financial packages & graphical tools are maintained to facilitate the general computing requirement.
  - Peripherals used at present are HP Laser Printers, CD-RWs, HP 3p Scanjet, HP DeskJet Printers, Dot - Matrix Printers, mouse & high speed fax Modems.
  - IIF Computer centre also offers E-mail and Internet facilities to have an easy global access.
   
B 3. Who all teach at Indian Institute of Finance? TOP
Ans.
The Institute is bestowed with some of the best known experts in India having international recognition. The institute also has an extensive network of visiting faculty. The Institute organizes seminar and special talk programmes inviting specialist in Finance twice every week. (Please see faculty page in prospectus for details).
   
B 4. Why one should choose IIF? TOP
Ans.
Indian Institute of Finance is unique and the only organization of its kind in India. One gets to be part of an internationally known institution and reach apart from the following
 
- IIF pioneered business finance education in India. IIF as the THE BEST NICHE Business School in Finance in India (Outlook September 2003), THE Best Sectoral Business School in Finance in India (Outlook September 2002)for its contribution in the field of financ
 
- IIF acts as a Nodal agency and think tank for the nation.
 
- IIF is the only organization which provides in-depth knowledge in finance in country.
 
- IIF has emerged as a center of excellence, base of scholarship, high quality education, research, training and counsultancy.
 
- IIF students had 100% placement. IIF has been ranked 24th and 34th based for Placement with moderate fee structure by Management Refresher September 2002 (of Competition Refresher) and Intelligent Investor October 2001.
 
- The recent ranks have also placed IIF as the 40th worldwide amongst of 148 organizations in Finance, labour and micro economic, and macro-economic by American Statistical Association - B & E Datalink 2002, for providing financial database and corporate information.
 
- IIF brings out one of the best quarterly journal of finance - "Finance India" ranked at par with top international journals. It has an exalted board of editors from India and abroad including NOBEL LAUREATES.
 
- IIF has linkages with industrial units and associations (FICCI, CII, PHDCCI, ASSOCHAM, DMA & AIMA) & with institutions and professionals from London School of Economics, London Business School, Harvard University, MIT, Wharton School, University of Chicago, IITs & IIMs.
 
- IIF has established Memorandum of Understanding (MOU) and exchange collaborations with international institutions for the benefit of its students.
 
- IIF offers scholarship and fellowship to needy and meritorious students.
B 5. Please tell me something about the journal "Finance India" ? TOP
Ans.
FINANCE INDIA is the official publication of Indian Institute of Finance. Each issue is of about 400 pages. It has an exalted editorial board having some of the most prominent experts from around the world including Nobel Laureates. Finance India is ranked at par with top international journals. The research studies published in FI have been seriously considered, accepted and acted upon by the Government of India and policy-making institutions. One of the studies on "Capital Flight" appeared as the Lead news in The Times of India (29th January 1997) apart from a series of others, including TV and Radio.
   
 
Finance India is rated 3rd Worldwide among 79 finance institutions and also among 148 institutions (or finance, macro economics and labour & micro economics) by American Statistical Association (Business & Economic Datalinks) based on ratings for providing financial information & database.
   
 
The journal is indexed / abstracted in Cabells Directory of Publishing Opportunities in Accounting, Economics & Finance 1997-98, International Bibliography of Social Sciences of the London School of Economics an Political Sciences, EconLit, JEL on CD, e-JEL, The Journal of Economic Literature, ISID Research Reference of Institute of Studies in Industrial Development, Gale Directory of Publication and Broadcast Media, EDIRC, FI-ICP, All India Index to Periodical Literature by Nexus Information Services Company (NISC), ProQuest, British Library of Developmental Studies (BLDS) of Institute of Development Studies.The subscription rates for the journal are Rs. 1200/- (US$/EURO 120 ) for Institutions and Rs. 1000/- (US$/EURO 100) for Individuals. Please visit the journal's website at http://www.financeindia.org for more information.
   
B 6. Where can I get more information on IIF. TOP
Ans. Please see Prospectus
  Website-Http://www.iif.edu
  IIF Newsletter (Monthly)
  Finance India (Quarterly Journal of Finance) -http://www.financeindia.org
   
C.
Student activities and facilities
C 1. What are the academic facilities available at IIF? TOP
Ans. Institute offers excellent academic & infrastructure facilities -
1. Excellent academic linkages with industry, CEO, CFO, Academicians in India & Abroad.
2.
The library is bestowed with 52,800 books in finance and over 850 technical journals (over 250 foreign journals) and acts as depository library and receives publications from IMF, Bank of Japan, World Bank, WIDER, State Governments, Federal Reserve Banks, IMES, HU, UNCTAD, ADB and others.
3. Air-conditioned class rooms fitted with all modern audio visual aids.
4. Well equipped Computer Centre & an Excellent Library.
5. Internationally known faculty.
6. Offers a medium for corporate and academic linkages through the eminent lecture series and international conferences organized by the institute.
   
C 2. Does IIF offer hostel facility? TOP
Ans.
IIF believes that as a future manager one needs to start facing the world from day one. Institute does not provide hostel facility. However, Institute suggests the students to avail possible accommodation. IIF is surrounded by Residential Complex, which facilitates easy access of accommodation at reasonable rates. The approximate accommodation range from Rs. 2000 to Rs. 3000 per month for boarding and lodging. IIF students have never faced problems for getting accommodation.
   
C 3. Does IIF provide financial assistance to needy students? TOP
Ans.
Scholarships, generous fee-ships, fellowships and Teaching Assistantships are awarded to deserving candidates on the basis of academic achievement, potential and financial need. Special consideration is given to Scheduled castes / Schedule tribes candidates; Handicapped candidates; Personnel from defense forces including war widows; College and University teachers and their wards; Exceptionally brilliant fresh graduates. (Please see prospectus for more details)
  IIF has granted full or half fee concession to about 10 per cent candidates (on an average) in the past.
   
C 4. Does Institute have tie up with banks for students loan? TOP
Ans.
Our students readily get educational loans from banks they approach. Any documents required for the same would be provided by admission office after the admission is sought to the candidate. The institute does not have any direct tie up with banks.
   
C 5. How is the students life at Indian Institute of Finance? TOP
Ans.
All students observe office timing of 9:00 AM to 5:00 PM. Keeping in view the assignments and challenges the student is expected to work from 8:00 AM to 7 PM. Every attempt is made to improve overall personality of students. Daily presentations on financial review at the end of the day which discusses the major financial news of the day. Faculty guides them and elaborates the repercussion of the financial scenario of the country or globe. Weekly presentation on 'Finance India Review". Students acting as a complement to faculty and dealing with doubts and questions of fellow members.
   
C 6. What are extra curricular activities at IIF? TOP
Ans.
It is hard work with fun and smile at IIF. IIF has student fraternity that organise picnics, dances, quiz, debates, seminars and other cultural activities. Students are well behaved, take interest in extra curriculum activities, organise get together function and carry out other cultural activities under the IIF Fraternity Umbrellas.
Indian Institute of Finance,
Ashok Vihar II, Delhi 110052.
INDIA
Phone: 0091-11-27136257, 27136437
Fax: 0091-11-27454128, 27234473
Emil: admission@iif.edu (Admission)
Email: iif@vsnl.com(General)
URL: http://www.iif.edu
2002-2003.Copyrights Indian Instiute of Finance.
Updated :