Sunday, May 19, 2013

National Institute of Financial Management (NIFM) Haryana Post Graduate Programme Financial Markets (PGP-FM) Admission Notification 2013-2014



National Institute of Financial Management (NIFM), Haryana


Post Graduate Programme Financial Markets (PGP-FM) (One Year, Full-Time Programme) 2013 -14

Admission Notification 2013-2014


Jointly offered by
National Institute of Financial Management
(An Autonomous Institute of Ministry of Finance, Government of India)
and
National Stock Exchange of India Limited


Post Graduate Programme in Financial Markets is a one year full-time residential programme at NIFM to provide the best of learning environment and develop strong networking with future managers and  leaders in the industry.

Duration : 1 year, Full Time
Classroom Teaching - 10 Months (including 1 week International attachment)
(840 hours, 420 hours each from faculty by NSE & NIFM)
Internship / Project - 2 months
Skill Development - 200 Hours through market simulation internet based software from NSE i.e. NLT (NSE Learn to Trade)

ELIGIBILITY CRITERIA:
FOR PRIVATE PARTICIPANTS/CORPORATE EXECUTIVES
All participants must have completed Graduation or a degree equivalent with at least 50% in aggregate from an Indian University/Institutions recognised by Association of Indian Universities. Professional Qualifications like CA, CS, CWA, CFA, MBA, etc. would have an added advantage.
Note: Candidates in the final year of graduation may apply. Such candidates, if selected, will be allowed to join the programme provisionally only. Their admission will be confirmed only when they submit their mark sheet of having passed their bachelor’s degree/equivalent qualification with at least 50 per cent marks. The deadline for submission of the mark sheet is December 31, 2013. Non-fulfillment of this condition will automatically result in the cancellation of the provisional admission.

FOR GOVERNMENT OFFICERS
• Officers at middle/senior level working with the Central or State Governments, Public Enterprises and autonomous organizations belonging to State/Central Government.
Or
• Similar participants from foreign countries
• Minimum percentage of marks at graduation level should be 50%.
• Scoring higher percentages at higher levels such as post-graduation would not relax the minimum percentage requirement at graduation level.
• The upper age limit for all participants would be 50 years on the date of commencement of the programme.
• Sponsorship from the employer Government /organization.

PROGRAMME FEE
FOR PRIVATE PARTICIPANTS/CORPORATE EXECUTIVES
Rs`3,95,000/- for Indian participants. The Fees would be payable at NIFM, Faridabad/New Delhi.

Payment Options:
1. Lump sum payment - On registration ` Rs 20,000/- and balance of ` Rs 3,75,000/- on or st before 21 June 2013.
2. Installments Scheme 1 - On registration ` Rs 20,000/- and balance in 2 installments of st rd ` Rs 1,95,000/- each, 15 days before start of 1 and 3 quadmester.
3. Installments Scheme 2 - On registration ` Rs 20,000/- and balance in 4 installments of ` Rs 1,01,000/- each, 15 days before start of every quadmester.
Note: The Programme Fees includes International visit (Economy Class Air Fare and twin sharing accommodation), hostel stay at NIFM, cost of study material, examination & certification, skill development through NSE learn to trade software, tea/coffee during the Programme. The fees does not includes fare for domestic travel and accommodation charges to Mumbai,living expenses including expenses on laundry, food, personal transportation etc. which would be borne by the participants for entire duration of the programme. The expenses on power consumption of AC in the hostel room would borne by the candidates as per actual consumption.

FOR GOVERNMENT OFFICERS
Domestic Candidates:  The Programme fee for sponsored candidates from Central Government/State Governments/Union Territories is reimbursed to NIFM by the Government of India under Central Plan Scheme of the Ministry of Finance. The fee includes single-room accommodation in NIFM hostel, tuition fee, study material and institutional charges for various attachments including economy class air fare for international attachment.
The fee doesn’t include DSA and accommodation expenses during international attachment. The other expenses such as living expense, food expense, laundry, personal transportation, expenses on power consumption of AC in the hostel room etc. are borne by the participants for the entire duration of the Programme. The expenses on D.A., accommodation and transportation charges for the domestic attachment are borne by the sponsoring organizations. However, the expenses on food, and power consumption, wherever  applicable, may be reimbursed to the participants by their sponsoring organizations under SR 164.


Foreign Candidates:  The Programme fee is US$ 7,900. The fee shall be borne by the participant/sponsoring organization.
The fee includes single-room accommodation in NIFM hostel, tuition fee, study material and institutional charges for various attachments including economy class air fare for international attachment. The fee doesn’t include DSA and accommodation expenses during international attachment.The other expenses such as living expense, food expense, laundry, personal transportation, expenses on power consumption of AC in the hostel room etc. are borne by the participants for the entire duration of the Programme.
The expenses on D.A., accommodation charges during domestic attachment are paid by the sponsoring organization.The Programme fee is to be paid in favour of Accounts Officer,NIFM payable at Faridabad through demand draft/electronic transfer.

APPLICATION PROCESS
Candidates having valid CAT/MAT/XAT/CMAT score:
The candidates who have valid CAT/MAT/XAT/CMAT score are not required to appear for NIFM-NSE Online Test. They can send application in prescribed form which can be downloaded from the NSE/NIFM website. The completed application along with resume, proof of educational qualifications, work experience (if any),copy of your CAT/MAT/XAT/CMAT score card and a Demand Draft of ` 900/- drawn in favour of National Institute of Financial Management; payable at New Delhi or Faridabad, be sent to National th Stock Exchange of India Ltd., 4 Floor, Jeevan Vihar Building, Parliament Street, New Delhi-110 001.

The envelop should be superscribed by “Application for PGP-FM”.

Alternatively, one can submit the application by paying ` 900/- in cash at National Stock Exchange of India Ltd.; New Delhi.

NIFM-NSE Online Test :
The candidates who do not have valid CAT/MAT/XAT/CMAT score are required to appear for NIFM-NSE st st Online Test. The test will be conducted on 31 May and 01 June 2013 in 16 different cities: Ahmedabad, Bangaluru, Bhubaneswar, Chandigarh, Chennai, Cochi, Delhi, Goa, Hyderabad, Indore, Jaipur, Kolkata, Lucknow, Mumbai, Patna and Pune.For this they are required to register on the NSE website by following the procedure for online registration for NSE’s Certification in Financial Markets (NCFM) as per the steps given below:
1. Login to www.nseindia.com  and go to “Education” menu.
2. Click on “Register for NIFM-NSE Online Test”.
3. You will begin the process as “New User” and thereafter follow all the steps as required for registration as an NCFM candidate and set your “user id” and “password”.
4. You will receive NCFM ID via SMS, email, and also on the website.
5. You can now login with your user id and password.You can pay the fees of `Rs 900/-, book your st stseat for the NIFM-NSE online test, in any of the aforesaid 16 cities,on 31 May or 01 June 2013 subject to availability of seats on first come first served basis.
6. An online “hall ticket” for the NIFM-NSE Online Test will be generated for which you should
take the printout.
7. You need to carry this hall ticket along with id proof for appearing in the test.

SELECTION PROCEDURE
NIFM-NSE Online Objective Type Test will held on 31 May and 01 June 2013. It is not mandatory for those who have already taken CAT, MAT, XAT or CMAT. The online test will consist of Verbal Ability (30%), Data Interpretation and Logical Reasoning (30%), Quantitative Aptitude (30%), General Knowledge of Financial Markets (10%). The online objective type test will be of 2 hours duration with negative marking.
The personal interview of shortlisted candidates will be held at NSE office in New Delhi. In order to save travel time and cost of outstation candidates, NIFM-NSE also conducts video interviews. As an outstation candidate you have the choice to come for personal interview or opt for video interview.

For Government Sponsored Officers
The government sponsored candidates are eligible for direct admission to full time Post Graduate
Programme in Financial Markets without undergoing online test and interview. Applications, complete th in all respects shall be received by 07 June 2013. Candidates shall be short listed by the Institute th and the short listed candidates/their sponsors would be intimated by 14 June 2013. All supporting documents/testimonials (matriculation certificate and relieving letter) in original shall be required at the time of final admission to the Programme.
Mere fulfilling the minimum eligibility qualifications by the candidate shall not bind NIFM for offering admission to a(ny) candidates to the Programme.
Decision of NIFM regarding admission of the candidates to the Programme shall be final and the selected candidates shall be required to join the Institute on 24 June, 2013.

DOCUMENTS
The selected candidates would have to show originals and submit self-attested photocopies of the
following documents at the time of registration:
th th 1. Copy of 10 , 12 and Graduation mark sheet
2. Copy of your Character certificates/Birth certificates
3. Copy of your CAT/XAT/MAT/CMAT score card
4. Employment Certificate from the employer for sponsored candidates


IMPORTANT DATES
Activities----------------- Date
Application closing date 30th  May, 2013
NIFM-NSE Online Test  31st May & 1st June, 2013
Declaration of Result on the Website 3rd June, 2013
Personal Interviews 5th June to 7th   , 2013
Announcement of first list of selected candidates 8th  June, 2013
First List – Last Date for registration of selected candidates 11th  June, 2013
Announcement of second list of selected candidates on website 12th  June, 2013
Registration of second list of selected candidates 15th  June, 2013
Last date to deposit lumpsum /1 Installment 21th  June, 2013
Commencement of Programme 24th  June, 2013



IMPORTANT DATES
PGP-FM Application Closing Date: 30 May, 2013
th Commencement of PGP-FM Programme: 24 June, 2013

CONTACT
Mansi Rathore: 8447151477 • Mahesh Sharma: 9818537699

National Institute of Financial Management
(An Autonomous Institute of Ministry of Finance, Government of India)
Sector-48, Pali Road, Near Badkhal Village, Faridabad-121 001, Haryana, INDIA

For details, log on to the website link:

1 comment:

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