Graduate Diploma in Business Finance (PGDBF)
[Three year Post Graduate Distance Learning Program]
(Approved by AICTE)
first three semesters provide the basics of the finance
function along with other functional areas of management.
Advanced inputs of Finance are provided in fourth
& fifth semester. In last semester the students get
an opportunity to apply their knowledge in solving
the real world problems faced by the industry.
To educate & develop necessary competence &
skills in the effective management of business finance,
with some of the latest techniques, methods, procedures
and the latest financial innovations.
reach those who either live or are posted in far flung
areas of India and have no regular educational facilities.
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 from Indian or Foreign
recognized university with minimum of 50% marks.
Candidates appearing in the final year Bachelor's examination
are eligible to apply. Such Candidates, if selected
,will be given provisional admission subject to their
clearing graduation. The certification of the same has
to be submitted before 1st Semester exams.
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.
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.
is strictly on merit. Convassing in any form would
disqualify a candidate for admission.
I, III, V
May - 30th October
II, IV, VI
November - 30th April
I, III, V
November - 30th April
II, IV, VI
May - 30th October
The first two semesters are designed to provide the
basics of the finance function along with
the other functional areas of management.
At the end of the first year the students are advised
to undergo Summer/ Experiential training in industrial,
business organizations and international agencies.
The objective is basically to provide the students
with real life exposure which they cannot gain from
simple study. They get the opportunity to learn beyond
the text by solving business problems and decision
making during the training period.
Teaching Methodology &
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 talent 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.
for Financial Analysis
Environment & Ethics
Techniques: Statistics & Econometrics
for Financial Analysis I: Micro Economics
Introduction to Computers
for Financial Analysis II: Macro Economics
& Corporate Taxation II: Indirect Taxes
Accounting & Control
Analysis & Portfolio Management
& Corporate Taxation I: Direct Taxes
Policy & Corporate Strategy
& Finance: Computer Applications
(equivalent to two courses)
Tax Planning & Management
of Financial Institutions
Appraisal, Planning & Control
Management of Public Sector Enterprises
Management & Investment Decisions
& Budgetary Control
Investment & Tax Planning
Note for all the DLPs:
1. First Year (Semester I & II) of MBF forms part of BBF
program. Students willing to pursue MBF after completion
of BBF can extend their program by intimating IIF's office
within three months of completion of BBF.
2. Non working candidates are expected to undergo "On-the-job"
training so as to gain real life exposure to supplement
the study material provided by the Institute.
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.
(Only Indians with Indian Residency)
15,000 (per semester)
(Company Sponsored / NRI / NRI Sponsored /
$ 1,500 (per semester)
1. The fee includes tuition, cost of study material
- select text books, test questions and case studies-
conduct of semester examinations and subscription
to Finance India.
to Pay Your Fees
fees are required to be paid before the prescribed dates
before the beginning of each semester through a Demand
Draft in favour of Indian Institute of Finance payable
once paid is not refundable. No application
for refund will be entertained under any circumstances