National Institute of Financial Management (NIFM), Faridabad was founded on the basis of a proposal made by Ministry of Finance, which was approved by the union cabinet. The institute offers various Diploma and Post-Diploma courses in financial management. 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.
The main aims and objectives for which the Society is constituted are:
to establish and administer the management of the Institute;
to organise and provide training and continuing professional education to Group A' officers of the Participating Services including organisation of Refresher Courses at senior and middle levels;
to establish the Institute as a centre of excellence in financial management for promoting the highest standards of professional competence and practice;
to undertake and promote research studies in the fields of accounting, audit, financial and fiscal management and related subjects;
to promote education in financial and fiscal management for officers of the “Associate Services”/Centre/State Governments and officers of public sector enterprises/institutions; and
to organise International Training Programmes and to keep abreast with the progress made in the rest of the world in the area of finance and accounts, particularly in the Government and public sector institutions.
Why to Join National Institute of Financial Management:
Eminent faculty team - Master’s and Doctoral degree holders from the top US Universities, IITs, NITs, and other high-quality institutions are imparting quality education to its students.
Large Campus- The campus of NIFM is located in Faridabad (Haryana) near the picturesque Badkhal Lake. Spread over an area of 42 acres, the campus is beautifully landscaped and is frequently visited by native and migratory birds.
Collaboration with National and International Institution- Numerous national and international institute have collaboration with NIFM which provides provide a good fillip in visibility and credibility of NIFM such as National Stock Exchange, Mumbai; Haryana Institute of Public Administration, Haryana; Asian Institute of Management, Manila, Philippines; Edinburgh Business School, Scotland, UK; International Centre for Promotion of Enterprises, Slovenia etc.
Facilities at NIFM
The hostel building which matches in design with the main Institute building has accommodation for about 175 trainees on single and double occupancy basis.
Officer trainees are expected to maintain their rooms themselves. Beds must be made when not in use. Electrical Appliances, lights & taps must be switched off when Officer-trainees leave their rooms or when otherwise not required. Damage to Institute property caused through negligence will have to be made good by the concerned officer trainee.
TRAINING & PLACEMENT :
Ever since its inception, the Placement Cell has created its impression by striking a right balance between academics and industry.It strongly believes in the adage, “Nothing less than the industry best”. Its constant endeavour in preparing its in the field of technology has been an epitome of success over a period of time.
The placement cell, guided by a Professor is committed to provide the young techies for a successful career In the industry of their choice. Having proved its mettle in providing ta
Getting Education is no longer an insurmountable problem these days. Education loans are available to the needy and deserving students from the Nationalized Banks at reasonable rates of interest. Theses loans are repayable after the completion of the degree/diploma.
Fee Waiver Scheme
The State Government has started a fee waiver scheme to help the economically poor but meritorious students. Further information regarding this can be obtained from the office of the Registrar.
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