Established in 1993, Arun Jaitley National Institute of Financial Management (AJNIFM) is a registered society, under the Ministry of Finance, Government of India. The Institute offers a unique Financial sector-centric Two-Year MBA (Finance) Degree program conferred by Jawaharlal Nehru University (JNU), with a focus on Financial Analysis, Financial Modelling, Financial Products, Big Data Analytics, Financial Markets and Risk Management. The candidates who have passed their Graduation with valid CAT/ MAT/ CMAT/ XAT/ GMAT scores are eligible to apply for admission. Check: AJNIFM Faridabad Admission
AJNIFM offers modern on-campus facilities for its students. The institute infrastructure includes State of the art Finance and IT Lab with advanced financial software (Bloomberg, Refinitiv), smart and spacious classrooms, a well-stocked library, market simulation lab, executive hostels, outdoor theatre, auditorium, and recreation facilities like billiards, squash, table tennis, badminton, gymnasium, etc. AJNIFM provides global exposure to its students through its collaboration with IFRA® Canada for dual qualification and a foreign visit is also arranged to the international financial centre i.e. Singapore with visits to financial institutions, banks, stock exchanges, education centres, etc. in this program. The Institute provides placement assistance to successful students and the highest package offered was INR 12.6 LPA. Some of the top recruiters that recruit AJNIFM graduates include NCDEX, National Stock Exchange, Ericsson, etc. Check: AJNIFM Faridabad Placement
AJNIFM MBA program is open to fresh graduates as well as experienced candidates desirous of a career in the financial sector. The curriculum also consists of visits to Mumbai as well as Singapore wherein the participants avail the opportunity to interact with the professionals functioning at the apex level in the financial sector such as RBI, SEBI, NCDEX, MCX, FIMMDA.
Arun Jaitley National Institute of Financial Management Key Facts
- Degree from JNU: MBA (Finance) is aimed to be India’s most comprehensive program on financial markets of Arun Jaitley National Institute of Financial Management (established by Ministry of Finance, Government of India). On successful completion, the MBA degree would be awarded by Jawaharlal Nehru University, New Delhi.
- Certification by NISM, SEBI: Eight certifications including mandatory certifications from NISM, SEBI is a part of the MBA (Finance) Programme. This facilitates students to act as Capital Market participants.
- Global Exposure: The twenty-first century is all about globalization and global competencies. In order to give students an opportunity to be acquainted with the global financial environment, a foreign visit is arranged to an international financial centre i.e. Singapore with visits to financial institutions, banks, stock exchanges, education centres, etc. in this program.
- Industry Exposure: The students of MBA (Finance) will have continuous interaction with the industry through visits to corporates, FIIs, stock exchanges as well as guest lectures, seminars, etc. They will be attending intensive industry integrated training sessions by senior financial experts from Government policymakers and corporates.
- Highly Experienced Faculty: The combination of senior academicians at AJ-NIFM and practitioners from the industry successfully deliver the theoretical and practical aspects of the dynamic curriculum of MBA (Finance). The core faculty along with honorary and professors of practice stand out for their sound academic credentials and impressive industry experience. AJNIFM has highly experienced faculty who are experts in their respective fields of education. They prepare students with the intricacies of Finance and prepare them to face the challenge of the professional world. Out of the 34 members,16 members of the faculty hold a Ph.D. Check: AJNIFM Faridabad Faculty
- Live Market Training and Market Stimulation Lab: Skill development sessions are imparted to students which involve extensive training through a market simulation, visit to Regulatory (RBI, SEBI), FIMMDA, Credit Rating Agencies, stock exchanges, Advanced Financial Softwares (Bloomberg) and the summer internship program of 8 weeks. What makes this program unique is the hands-on- training given on advanced financial softwares.
Arun Jaitley National Institute of Financial Management Courses
AJNIFM offers MBA in Finance program at the postgraduate level. The eligibility of the course offered is mentioned below:
For Private Participants
- Bachelor’s degree or equivalent awarded by any of the universities with a minimum of 50% aggregate marks (45% for SC/ST/PWD candidates).
- Candidates must have qualified in any one of the All India Common Admission Tests i.e. CAT, XAT, CMAT, MAT or GMAT and submit valid test scores not more than 2 years old followed by GD&PI.
- The upper age limit is 30 years on the date of commencement of the program.
- The Reservation Policy will be as per Jawaharlal Nehru University norms.
For Corporate Executives
- The maximum age of the participant should not exceed 50 years on the date of commencement of the program.
- A minimum of 3 years of work experience is required at the time of Commencement of the Program.
- The participant should submit a NOC/Sponsorship Certificate from the respective organization.
- Rest of the norms are the same as applicable to the private participants mentioned in para A of the eligibility criteria.
For Government Officers
- The minimum percentage of marks at the graduation level should be 50%.
- The maximum age of the participant should not exceed 50 years on the date of commencement of the program.
- Officers at the middle/senior level working with the Central or State Governments or similar participants from foreign countries are eligible to apply for admission.
- Government officers are exempted from Common Admission Tests i.e. CAT, XAT, CMAT, MAT, GMAT.
Arun Jaitley National Institute of Financial Management Weightage
The final list of selected candidates will be based on an aggregate of the following:
Test |
Weightage |
All India Level Common Entrance Test |
50% |
Group Discussion |
25% |
Personal Interview |
25% |
Check: AJNIFM Faridabad Courses and Fees
Arun Jaitley National Institute of Financial Management Placement
There is a dedicated training and placement cell at AJNIFM. The placement cell conducts various activities for students to help them in getting into reputed organizations.
Arun Jaitley National Institute of Financial Management Placement Highlights
Highest Placement Package |
INR 12.60 LPA |
Average Placement Package |
INR 7.60 LPA |
Top Recruiters |
LSEG, BSE, MCX, NCDEX, Barclays, Kotak Securities, Hindware, HDFC Bank, Axis Bank, SBI Mutual Fund, CRISIL, and many others. |
Arun Jaitley National Institute of Financial Management FAQs
Ques. How can Private Participants/Corporate Executives apply to the MBA program offered by AJNIFM?
Ans. The interested candidates can apply for admission in the following ways:
- Candidates may apply through the prescribed application form duly filled in all respects. The completed application form along with a resume, proof of educational qualifications, category certificate work, experience (if any), copy of CAT/XAT/CMAT/MAT/GMAT valid scorecard.
- The Application fee is INR 2,000/- (to be paid through Demand Draft or online by RTGS/NEFT and the relevant reference number be mentioned on the application) be sent to Arun Jaitley National Institute of Financial Management (AJ-NIFM), Sector-48, Pali Road, Near Badkhal Lake, Faridabad-121001, Haryana,
- The envelope should mention “Application for MBA (Finance), 2024-26”. The duly filled in application form should also be mailed at finance@nifm.ac.in
Ques. What are the documents required during admission at AJNIFM?
Ans. The documents required during admission at AJNIFM are:
- Copy of 10th, 12th and graduation mark sheets and certificates.
- For candidates in the final year of graduation, a semester-wise or year-wise mark sheet be submitted along with the admit card for their forthcoming final year examination or a letter from the Head/ Dean of the College/University certifying the same.
- Copy of category certificate from central/state government.
- Copy of valid score card of CAT/XAT/CMAT/MAT/GMAT.
- Copy of professional qualification viz. CA, CS, CWA, CFA or any other professional qualification.
- Demand Draft for the application fees (in case of offline payment).
Ques. Are National Level Entrance Tests mandatory for Government Sponsored Officers/Candidates to take admission in AJNIFM?
Ans. No. Government-sponsored officers and candidates are eligible for direct admission to AJNIFM courses. It is not mandatory for them to appear in entrance tests.
Ques. How is the hostel facility at AJNIFM?
Ans. Appropriate accommodation will be provided to all participants of the program in the Institute’s hostel. AJ-NIFM has self-contained hostel facilities in two separate blocks. Catering, laundry, housekeeping and maintenance services have been outsourced and are professionally organized. Mess is compulsory for all residents of the AJ-NIFM hostel. The mess charges will be collected separately by the mess operator concurrently on monthly basis. The mess charges are not included in the fees.