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34 yrs
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Distance Learning Programs

DLP's are primiarily designed for senior executives and executives with no formal background in Finance. The sessions for the DLP's begin four times in a year (on 1st January, 1st April, 1st July and 1st October). The programmes follow a Bi-Semester system to meet the needs and requirements of senior executives.

Basic Business Finance (BBF) (1 Year DLP)
Management of Business Finance (MBF) (2 Year DLP)
Executive Management of Business Finance (EMBF) (3 Year DLP)

Session Beginning
Ist January
Ist April
1st July
Ist October
Winter Semester
Autumn Semester
Summer Semester
Fall Semester


To educate & develop necessary competance & skills in the effective management of business finance, with some of the latest techniques, methods, procedures and the latest financial innovations.

To reach those who either live or are posted in far flung areas of India and have no regular educational facilities.

To provide an opportunity of learning for those who cannot leave their present assignments to join course(s) of their interest on a regular basis due to their preoccupations in office, vocation or business but are seriously interested to learn the techniques of effective management of finance.

Graduation in any discipline with minimum 50% marks from a recognised University/Institute in India or Abroad.

Selection Criteria
Admission to IIF programs is very rigorous. The admission to distance learning program (DLP) is based on calculation of Grade Point Score (GPS). The Grades are given on the basis of candidates' past academic records, other achievements, work experience, professional growth positioning and personal interview for all category of candidates.

IIF follows a policy to admit some fresh graduates and also women candidates, even if their comparative GPS is relatively low but above the minimum cut off point. The admission policy of the Institute takes into consideration a candidate's total background.

Admission is strictly on merit. Convassing in any form would disqualify a candidate for admission.

Teaching Methodology & Study Package
IIF adopts a unique teaching methodology. IIF supplies study package containing high quality relevant text books/ IIF publications and study notes on each subject in the beginning of each semester. IIF mails a study plan mentioning the dates on which the additional communications and test set modules will be sent. IIF sends test questions containing - true/false questions, multiple choice questions, short answer questions, long answer questions and case studies, every fortnight, which may be attempted by a candidate and sent back to the IIF for evaluation. IIF returns the evaluated test questions to candidates. IIF sends the case studies for being attempted by candidates. The cases are representative of actual managerial problems which occur at various business environments. The case analysis method demands students to make decisions, develop, implementation of plans and explain, and defend their actions via discussions or written presentation. These studies develop the talents and confidence to face the real world problems. All the case studies after evaluation are returned back to the candidates.The candidate's progress is monitored and feedback is obtained from time to time during the semester
Examination Scheme
IIF follows a unique open book examination system. The question papers are sent to the candidates by registered post. They are expected to attempt in one sitting and return the answer books within one week by registered post. However, if one is unable to send the answer papers within one week, the student may submit the answer papers in subsequent weeks. There is a graded penalty for late submission. The question papers are very comprehensive and only those who have seriously studied during the semester are able to attempt the question papers. The Institute's unique system of examinations has been found to be more satisfactory, rigorous and beneficial than the traditional system of examinations. For examination pattern please see examinations scheme in the prospectus

Some Alumni of DLP
Ms. Somi Tondon,
MBF 1990
  Mr. Om Prakash Pandey,
BBF 1995
  Mr. Arun Padmanabhan,
MBF 1999
Jt. Secretary, Ministry of Defence, GOI.   Finance Manager, Hindustan Sanitary wares Industries Ltd   Sr. Corporate Business Manager, Ashok Leyland Finance
Dr. A.S. Sarma,
MBF 1990
  Mr. Ritwik Roy,
MBF 1996
  Mr. Alok Kr. Sinha,
MBF 1998
VP (Technical), Chemoleums Ltd., Chennai    Sr. Revenue Officer, Board of Revenue, GOI.   Sr. Vigilance Officer, SECL
Dr. Nasim Zaidi, IAS
MBF 1993
  Ms. Punita Bhatt,
MBF 1996
  Mr. Jitendra Kr. Ambastha,
PGDBF 1998
Chief Election Commissioner, Govt of India   Sr. Forex Officer, SONY India Ltd.   Sr. Manager, UTI
Mr. Sameer Khare,IAS,
BBF 1994
  Mr. Arun Kr. Prahraj,
MBF 1996
  Mr. Murlidhar Vanjani,
MBF 1998
Addl. Commissioner, Guwahati.   Financial Controller, Hotel Hindustan International.   Manager, Chellsons SA, SPAIN
Dr. Shitanshu Mitran,
Mr. Vinod K. Malhotra, IAS
MBF 1997
ASST. VP & Head North India, HDFC ,Bank   Jt. Secretary, Min. of Home Affairs, GOI.    

* The programmes conducted by IIF are application oriented programmes, enriched with the knowledge of finance. They open a new frontier in the field of finance.

* The course design is excellent. It gives good exposure to the candidate in financial management. The conduct of the programme is very systematic and methodical.

* The course contents, study notes and the books supplied are excellent and relevant to one's work. The study material supplied is always up-to-date giving a wider perspective of the subject. The standard of the case studies is very high and is highly relevant to Indian conditions.

* The level of test questions is good and the frequency is not too fast to cope with.

* The examination system is unique. It is a open book examination, where one can consult any number of books and in the process get an indepth knowledge of the subject.

* The programme helps a student to have adequate self-confidence and develop an expertise in finance.

Truth is one verily it is reflected differently by sages

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