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- Fellow Program in Business Administration (FBA[Finance])
[A Three year full time Research Programme along the lines of Ph.D]
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FBA Finance is an intensive doctoral level programme, curricula at par with Ph.D of international standards, based on international experience and the needs of Indian Academia.
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Objectives
To promote research, the Fellow Programme in Finance (FBA Finance) is designed to provide knowledge and analytical abilities necessary to conduct high quality research and teaching in the field of finance.
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Eligibility
Master's or Post Graduation in any discipline from an Indian or Foreign university with minimum of 60% marks [55% marks for SC/ST/OBC] or MBF from Indian Institute of Finance with minimum of 60% marks.
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Selection Criteria
Top 3 University Position Holders & College Topper (with Distinction) are exempt from Written Test & are provided with Rs. 20,000 scholarship per semester.
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Admission to IIF programs is very rigorous. The admission to Fellow progrmme is through Group Discussion (GD) and Interview.
The Grades are given on the basis of candidate's past academic records, other achievements, work experience, professional growth positioning and personal interview for all categories of candidates.
NRI/Foreign/Corporate sponsored candidates are also required to appear for GD and interview. There is no written test for candidates applying for EMBF and FBA Finance. However, the admission to EMBF & FBA is through interview and GPS.
IIF follows a policy to admit some 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. Convessing in any form would disqualify a candidate for admission.
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Semester Schedule |
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Semester I &IV
Semester II& V
Semester II&VI |
: 1st July :
: 3rd October
: 10th January |
- 30th September
- 31st December
- 9th April |
Session
Beginning
Ist July
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Program Module
The Fellow programme is designed along the lines of PhD programme. A continuous integerated approach to research is followed. The Fellow programme is based on course work, comprehensive theory examinations, participation in significant research through economic series in the research workshop, research papers & book reviews. Besides there is a dissertation and research/teaching requirement.
A candidate is required to attend the course work of 18 papers in the first three semesters (1st Year) of MBF. (Please see course structure of MBF for details). In the second year the Fellow is to attend seminars, attempt book reviews and develop the research proposal for dissertation under the guidance of the faculty coordinator. The Fellow is required to present the research proposal to the workshop. The Fellow is to work on the dissertation in the second year and submit the thesis after three years of enrollment. All Fellows are required to undergo one year teaching cum research assistantship at the Institute or a University.
The dissertation should be an original research work making a positive and significant contribution to knowledge. It must not have been submitted in part or in full for any other diploma or degree of any university or Institution.
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Teaching & Research Assistantship
All Fellows are required to undertake teaching & research assistantship either at the Institute or University for completion of the program. Those who choose to undertake the same at IIF, would be provided with stipend to take care of their general expenses and services rendered.
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- Year I
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Semester I
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101 |
Accounting for Financial Analysis
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102 |
Economics for Decision Making
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103 |
Quantitative Tech. & Forecasting for Finance
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104 |
Computer Applications in Finance
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105 |
Regulatory Framework of Business
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106 |
Organisational Behaviour
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Semester II
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201 |
General Studies & Personality Development
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202 |
Macro Economics & Public Finance
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203 |
Operations Research for Finance & Risk Analysis
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204 |
Human Resource Management
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205 |
Marketing Management
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206 |
Management Accounting & Control
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Semester III
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301 |
Financial Econometrics & Equity Research |
302 |
Indian Financial System |
303 |
Corporate Finance & Valuation |
304 |
Corporate Tax Planning |
305 |
Management of Banking & Financial Institutions |
306 |
Personal Finance & Investment |
All courses are 3 credits each. |
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Year II onwards |
All FBA candidates are required to pursue their thesis work
as suggested in programme module above |
Daily & Weekly Financial Review
Bi- Weekly Seminars |
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Examination Scheme
The examinations are conducted at the end of each semester. Each paper is of 100 marks. Each question paper is divided into five sections. All the sections are required to be attempted by the candidate. Section I is of 15 marks and contains concept test with 15 true/false questions. Section II is of 20 marks and has 10 multiple choice questions. Section III is of 20 marks and has four short answer questions. Section IV is of 20 marks and contains two long answer questions. Section V is of 25 marks and includes a detailed case study.
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Fee Structure |
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General Category
(Only Indians with Indian Residency) |
Admission Fee |
Rs. 20,000 (one time fees)
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1st Year |
Rs. 1,30,000 (per semester) |
2nd Year onwards |
Rs. 20,000 per year |
Other Categories
(Company Sponsored / NRI / NRI Sponsored / Foreign Candidates)
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Admission Fee |
US $ 1,000 (one time fees) |
1st Year |
US $ 6,000 (per semester) |
2nd Year onwards |
US $ 1,000 per year |
Note:
1. Refundable Security Deposit of Rs. 20,000 (interest free) for general category and US$ 1000 (interest free) for other category candidates
2. 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.
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How to Pay Your Fees |
All fees are required to be paid before the prescribed dates before the beginning of each semester through a Demand Draft in favour of Indian Institute of Finance payable at Delhi.
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Refund of Fees |
Fee once paid is not refundable. No application for refund will be entertained under any circumstances
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