IIF: Research Division

IIF is intensively engaged in a number of research studies on different aspects of finance, investment, financial services, managerial accounting, taxation etc. to search empirically practical solutions to problems faced by Indian industry: private sector, public sector, banks, FI and government. The results of such research studies are made available through publications, research papers, reports and in other ways to the interested companies, executives, researchers and to the students of IIF with the sole objective of contribution and dissemination of knowledge.

The institute also undertakes research on behalf of sponsoring organisations - Government Departments, International Agencies such as ILO, World Bank, UN, UNCTAD, ADB, Industry: private and public sector companies; banks and financial institutions and others in the area of finance.

Financial Database

IIF provides financial corporate information, statistics of Indian and world macro economic & financial indicators. IIF is also developing a corporate financial statistics file of banks and major Indian companies. The file together with the stock exchange security prices file would be available in due course for research into corporate finance.

Best Doctoral Thesis Award

IIF has instituted the Best Doctoral Thesis Award in 1987 to be given annually. The award under the scheme includes cash prizes, a commendation citation and a complementary subscription of Finance India for one year. IIF may also undertake to publish the awarded thesis with the willingness of the author, provided no commercial publisher is interested in publishing the same. All thesis in the areas of Finance, Accounting, Management, Economics, Commerce and Operations Research completed after June 18, 1987 are eligible to enter the competition. The awards are given for the thesis completed on a year to year basis.

Emeritus Economists Scheme

IIF offers scheme for retired/retiring social scientists of eminence for appointment as “Emeritus Scientists” or “Senior Fellows” to promote research in the area of finance and accounting. The objective of the scheme is to enable retired/retiring scientists to continue their scientific work in the field of their specialization in finance and accounting with a view to make use of their knowledge, wisdom and expertise acquired by such professionals during their life time. The scheme is specially designed because in a country like ours which is in dire shortage of highly technical manpower and large amount of resources cannot be allocated to research in different spheres of research activities as required, we can not afford such scientists to abandon their research interest, enthusiasm and continuing work for lack of appropriate facilities after retirement. Scientists under the scheme are given grants in the form of fellowships together with contingency grants to pursue research.

Project Management Division

IIF launched the division in response to wide ranging enquiries from Indian entrepreneurs, business houses and NRIs for provision of consultancy regarding business project initiation, appraisal, monitoring and other areas of comprehensive financial management. The Institute’s project management division organises the above either on an assignment or on turnkey basis.

Financial & Tax Consultancy

IIF also undertakes consultancy assignments in the areas of finance with the dual objectives of extending theoretical and academic concepts in the practice of management of finance in organisations and for enriching its own academic programmes through cases and by gaining insights into real life problems of organisations.