The 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.

Objectives
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.

Selection Criteria
Admission 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.

IIF 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.

Admission is strictly on merit. Convassing in any form would disqualify a candidate for admission.

Program Module
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 & Study Package
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.

Course Structure

Examination Scheme
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.
 

Note:
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.