Press Release
New Delhi
April 1st, 2009
National Institute of Financial Management invites application for One-year Executive Programme in Capital Market(EPCM)
First ever BSE sponsored programme in financial management
National Institute of Financial Management (NIFM) invites application for batch 2009- 2010 of One-Year Executive Programme in Capital Markets(EPCM). The programme has been designed in collaboration with BSE with the objective of developing trained professionals capable of occupying positions of responsibility in stock exchanges, commodity exchanges, regulatory bodies market intermediaries, banks, mutual funds and asset management companies and other similar entities.
The uniqueness of the programme lies in its extensive use of market professionals as resource persons for the programme. Apart from sound grounding in academic concepts pertaining to the capital markets, the participants will get a chance to interact with senior regulatory officials, executives of exchanges, leading merchant bankers, institutional investors and FIIs.
Salient features of programme
Ø BSE collaboration
Ø Comprehensive- covers all major markets
Ø Faculty- key sessions to be handled by senior market professionals
Ø Exposure to overseas financial centres (optional)
Ø Strong applications orientation.
The fees, eligibility, method of applying, last date for submission and contact details are mentioned as below:
Course Offered: One year Executive Programme in Capital Markets
Fees: The programme fee would be Rs. 2 Lakhs.
The expenses on the international visit would be borne by the candidate (approximately Rs. 75,000/-). The top three candidates would be eligible for concessional visit.
Number of seats offered: 50 seats
Eligibility: 1. All participants must have completed Graduation or a degree equivalent thereto from an Indian University/ Institutions recognised by Association of Indian Universities.
2. The candidate must have 3 years of regular work experience. One-year work experience relaxation would be considered in exceptional cases.
3. Professional Qualifications like CA, CS, ICWA, CFA, etc. would have an added advantage.
How to apply: The admission brochure and application form is available with the NIFM Programme Office from February 18, 2009 onwards on all working days on payment of Rs. 1200/- in cash. The application form can also be downloaded from NIFM website(http://www.nifm.ac.in) and the filled in application form should be sent to NIFM Programme Office along with the demand draft or pay order of Rs. 1200/- in favour of NIFM payable at Faridabad/ New Delhi.
Written Test: The written test is an aptitude test. It is designed to assess the natural ability of a person towards the desired objective of the programme. The questions will mainly be asked from: “ Quantitative aptitude; Reading, Comprehension and verbal ability; Data interpretation & data sufficiency; and General awareness on Business & economy” to test the inclination of the applicant towards managerial tasks and roles.
Admissions procedure: The admission will be based on written examination to be conducted by NIFM on 19/04/2009 at Faridabad. Group’A’ officers of Government of India would be exempt from written test.
Important dates: Sale/Downloading of Application form: From 18/02/2009 to 14/04/2009
Last date of Receipt of filled-in application form: 17/04/2009
Date of written test: 19/04/2009 (Sunday)
About NIFM- National Institute of Financial Management
The National Institute of Financial Management (NIFM) was set up in 1993 on the basis of a proposal made by Ministry of Finance, which was approved by the Union Cabinet.
The Union Cabinet envisaged that NIFM would begin as a training institution for officers recruited by the Union Public Service Commission (UPSC) through the annual Civil Service Examinations and allocated to the various services responsible for manning senior and top management posts dealing with accounts and finance in the Government of India. The NIFM is headed by the Director who is appointed by Government of India.
NIFM’s mission is to develop as a centre of excellence in the areas of Financial Management and related disciplines “not only in India but also in Asia.”
The Institute recruits its faculty either by deputation from Civil Services or by selection from the best in the academic field. The institute therefore has a distinct advantage of a mix of faculty from academic as well as government sector. The Institute adheres to norms prescribed by the All India Council for Technical Education with respect to faculty qualifications and strength.
