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January - 2015 - Special issue > College of the Year 2014

B-School - Finance: IIFP

SI Team
Thursday, January 22, 2015
SI Team
More than 50 percent of the people who are primarily from rural villages in India do not possess a bank account where they can save their earnings and use it wisely. The Reserve Bank of India (RBI) after observing this issue has decided to place more emphasis on the need of expanding banking services to rural areas. With the swift growth expected in the banking sector, the demand for professionals in the fields of Banking and Finance will witness a similar growth. IIFP was established in 2007 to cater to the rapid boom of the financial sector. With expertise in training 3000 students in Financial Planning and Wealth Management, the Indian Institute of Financial Planning (IIFP) would be one of the key players in catering to the growing demand of finance professionals in India.

"IIFP is one of the only B-Schools in the country that provides super specializations in finance," says Prof. Niamatullah, Director - Academics, IIFP. Post Graduate Diploma in Advanced Financial Planning and Wealth Management (PGD - FPWM) in Delhi and a Post Graduate Certificate in Financial Research and Investment Banking (PGC - FRIB) in Mumbai are the two courses related to the Financial Services Industry that the institute is offering. The one year diploma in Advanced Financial Planning and Wealth Management allows students to gain special skills in Financial Planning, Mutual Funds, Derivatives and other emerging Financial Products and enhance their knowledge. The second course PGC - FRIB incorporates internationally renowned CFA (USA) Certificate Education for Level I, which prepares students for a job in Corporate Finance, Financial Research and Investment Banking.
The institute offers a Post Graduate Diploma in Management Plus (PGDM plus), which consists of a PGDM course combined with courses in Financial Planning and Wealth Management. The program empowers students to become experts in the finance and financial services domain. "Students who pursue the PGDM plus program gain in-depth knowledge and understanding providing them with a huge opportunity to perform better than the rest," says Prof. Niamatullah.

Constant Upgrade is Necessary

IIFP programs provides a range of specialized knowledge in financial planning, commercial and investment banking, hedge funds and range of other options, which allows a student to work on different profiles with multiple career options. Due to the unique teaching pedagogy at IIFP, which constantly changes along with the curriculum, the students are able to adapt faster to the current and future demands of the industry. The Advisory Board at IIFP that consists of experts in Financial Services Industry and Educationists with long experience in Finance Education who understand the changing landscape of financial markets and the evolving nature of financial products.

While the institute has introduced new courses over the years due to the rising demand, it has also changed the method of teaching. �We ensure that the course architecture and delivery mechanism are as practical as possible and hence, students are given real problems, which they are likely to face in work environment,� says Prof. Niamatullah. The institute has hired most of its faculty members who have had a minimum of 10 years of experience in the industry and possess an inclination towards the academics.

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