National Institute of Financial Management

The National Institute of Financial Management (NIFM) was formed in 1993  under the aegis of the Ministry of Finance, Government of India. Arun Jaitley National Institute of Financial Management is an autonomous body that imparts training and research education in financial management. The Institute offers various diploma, postgraduate, doctoral, and executive programs. The NIFM Faridabad has been conferred with academic autonomy by UGC. It is also ISO 9001:2008 certified. NIFM is a center of excellence for specializing in building professionals in public policy, financial management, and other government issues for endorsing high standards of professional competence.

Arun Jaitley Finance Institute offers a full-time MBA in Financial Management and Finance for two years. In addition to the MBA, it offers a doctoral degree FPM, Post Graduate Diploma in Government Accounting and Internal Audit. Besides, it offers Probationers training courses. Admission to the NIFM Faridabad MBA course is based on marks obtained in the Graduation and Common Management Aptitude Test. An applicant shall have an eligible score in (CMAT)/MAT/CAT, followed by a personal interview. MBA is accessible to Corporate Executives, Government Officials, and Private Participants. NIFM Faridabad MBA fees are approximately INR 12 Lakhs for two years.

NIFM Faridabad Placement Cell coordinates actively and assures 100% placement assistance.   The NIFM Faridabad average package offered to students was Rs.8.02 LPA. The highest package offered was Rs.15 Lakhs per annum, and the lowest package was Rs.3 Lakhs per annum. The average salary offered by the companies has been increasing over the years, which is a very good sign. Arun Jaitley Institute Placement Companies include Axis Bank, Credit Suisse, Deloitte, HDFC Bank, ICICI Bank, KPMG, McKinsey & Company, Reserve Bank of India, etc., visiting the campus for recruitment.

About NIFM: Highlights

National Institute of Financial Management Courses

The National Institute of Financial Management (NIFM) Faridabad offers a variety of courses in financial management at the postgraduate level. The Institute also offers some training courses at the Diploma level. The Arun Jaitley National Institute MBA curriculums are designed to provide an advanced understanding of the concepts and practices in finance and allied areas. Furthermore, students get exposure to the latest financial tools and techniques through case studies, simulations, projects, and guest lectures. The courses offered are:

• Probations Training Course: The course is offered for one year. NIFM certification courses are meant for the Indian Audit and Accounts Service (IA&AS) probationary officers of the Indian Civil Accounts Service (ICAS) and other similar services.
• Master in Business Administration (Financial Management): This is a two-year full-time course. The course curriculum is designed to develop managerial skills for students focusing on financial management. It helps the students to understand and apply the concepts and tools of financial analysis, planning, and control in business decisions.
• Master in Business Administration (Finance): This is a two-year full-time course. The NIFM finance coursework is designed to develop managerial skills in the students. This course covers all the aspects of financial management with a focus on investment, financing, and dividend decisions.
• Fellow Programme in Management (FPM): This is a doctoral-level program of four years duration. The coursework is designed to develop research skills in the students. It covers all the aspects of financial management with a focus on investment, financing, and dividend decisions.
• Post Graduate Diploma in Government Accounting & Internal Audit:  This is a one-year full-time course. The coursework is designed to develop accounting and auditing skills in the students. NIFM PGDM course government accounting and internal audit aspects, focusing on public expenditure, revenue receipts, and financial statements.

National Institute of Financial Management fees

The Institute offers various courses in finance-related areas. The NIFM fee structure for these courses varies depending on the course duration and type. In addition, the Institute also offers various scholarships for certain categories of students. The NIFM Faridabad MBA fees can be paid in installments per the Institute's rules. NIFM Faridabad fees structure is given below:

National Institute of Financial Management Admission

NIFM Faridabad India has a well-defined admission process, including an entrance test, personal interview, and group discussion. The NIFM admission process of the Institute is highly competitive, and selection is based on merit, which depends on various factors.

NIFM Eligibility Criteria for Private Participants

• UG degree with 50% minimum marks. An eligible score in common national-level exams CAT, XAT, GMAT, CMAT, and MAT.
• Candidates appearing for their final year exams can also apply. However, they will have to produce the degree certificate at admission.
• The age limit for candidates is 28 years as of 1st August of the year of admission. There is a relaxation for SC/ST candidates(5 years) and OBC candidates (3 years).

NIFM Eligibility Criteria for Government Officials

• Candidates must be government servants to apply for admission to NIFM.
• The maximum age limit for candidates is 50 years as of 1st August of the year of admission.
• Government officers are exempted from national-level exam scores such as CAT, XAT, and CMAT.

NIFM Eligibility Criteria for Corporate Executives

• Min of 3 years of work experience is required.
• The candidates must submit a NOC or Sponsorship Certificate from the respective company.
• The rest of the eligibility is the same as applicable to the private participants. They shall have qualified in national aptitude tests such as CAT, XAT, and GMAT with a valid score.

NIFM Selection Process

The selection process of NIFM, Faridabad, for the MBA program includes the following steps:

1. Entrance/Admission Test: The Institute conducts its admission test for shortlisting candidates for the MBA program.
2. Personal Interview: Candidates who qualify for the written test are called for a personal interview with the selection panel.
3. Group Discussion: The final stage of the selection process is a group discussion.
4. Work Experience: Candidates with work experience are given preference during admission.
5. Extracurricular activities: Candidates who have participated in extracurricular activities and have leadership qualities are given preference.
6. Academic Record: The Institute emphasizes the candidates' academic records.

NIFM Application Process

Interested applicants can apply for the MBA program at NIFM, Faridabad, through the Institute's official website. The application process is as follows:

• First, register on the official website by creating a username and password.
• Then, fill in the personal and academic details asked in the application form.
• Upload the required documents such as a passport-size photograph, signature, and mark sheets of 10th, 12th, and bachelor's degrees.
• Pay the application fee of INR 1,600 (INR 800 for SC/ST candidates) through credit card/ debit card/ net banking.

The documents required are:

1. Passport-size photograph
2. Signature
3. Mark sheets of 10th, 12th, and bachelor's degree
4. Work experience certificates (if any)
5. Category certificate (if any)
6. Professional degree certificate
7. Application fee payment proof

NIFM CAT cutoff

NIFM Faridabad CAT Cut Off-Section wise

National Institute of Financial Management Placement

Arun Jaitley National Institute Of Financial Management Placement cell works very hard to ensure that all the students get placed in good companies. The placement committee always tries to bring good companies with good packages for the students. The placement cell also provides pre-placement training to the students to prepare them for their interviews. As a result, the NIFM placement salary trend has been increasing over the years. The key details are listed below:

NDIM placement 2021

• 100+ recruiters visited the company for the recruitment drive.
• Maximum students placed in IT and BFSI sectors.
• More than 350 students got placed in good companies.
• The NIFM average package offered was 7 Lakhs per annum.
• Major companies recruited were LSEG, BSE, MCX, NCDEX, Barclays, etc.
• NIFM MBA placement percentage was approximately 95%.

NDIM placement 2022 

• 90% of students got placed in good companies.
• NDIM MBA placement percentage was approximately 95%.
• NIFM MBA average package was 9 Lakhs per annum. The highest package offered was 18 Lakhs per annum, and the lowest was 4 Lakhs per annum.
• The average salary increased by 15% as compared to last year.
• NIFM Faridabad placements top recruiters are HDFC Bank, ICICI Bank Kotak securities, SBI Mutual funds, etc.

National Institute of Financial Management Infrastructure

The Institute has a well-equipped campus spread over 50 acres of land in Sector-48, Faridabad. The infrastructure of NIFM Faridabad comprises several key components, including the transportation system, utilities, buildings and facilities, and communications networks. The campus had modern amenities, including:

• Spacious classrooms
• Well-stocked library
• Computer center
• Conference hall
• Cafeteria
• Auditorium
• Sports facilities
• Sports ground
• Gymnasium
• Wi-Fi Campus
• Hostel facility
• Canteen
• Transportation system

National Institute of Financial Management hostel

NIFM Faridabad Hostel is one of the best hostels in town. It provides good quality accommodation and food at reasonable prices. The hostel has a great location and is easily accessible by public transport. The staff at the hostel are very friendly and helpful. The key points of hostels are:

• There are six hostels in NFIM - four for girls and two for boys. The hostels are spacious and well-lit, with all modern amenities.
• The rooms are of different types - single, double, and triple occupancy.
• The fees for the rooms vary depending on the type of room. The total hostel fees include the room rent, mess, and other expenses.
• The rooms have attached bathrooms and are furnished with beds, wardrobes, study tables, and chairs.
• The NIFM hostel fees for double occupancy are INR 45,000 per annum. For triple occupancy is INR 40,000 per annum.
• The mess fee is subsidized for all students. The mess fee is INR 18,000 per annum.
• The facilities offered to students include laundry, Wi-Fi, medical assistance, 24-hour security, etc.
• They are well-equipped with all modern amenities and offer a variety of facilities to make the students' stay comfortable and enjoyable.

FAQs

Q. What are the NIFM Institute reviews?

A. The NIFM Institute reviews are mostly positive. The students have praised the Institute for its modern facilities, experienced faculty, and affordable fees. In addition, the Institute has been accredited by AICTE and is affiliated with Maharshi Dayanand University.

Q. What is the NIFM full form?

A. The full form is National Institute of Financial Management

Q. What is the NIFM Faridabad address?

A. The address is "NIFM, Pali Rd, Sector 48, Faridabad, Haryana 121001".