Fee Structure

Fee Structure

S.No.

Programmes

Accredited/Non-Accredited

1

Post Graduate Diploma in Management (Financial Management) AKA Master of Business Administration (Financial Management)

Non-Accredited

PROGRAMME FEE

A. Sponsored Candidates from Central Government/ State Governments/ Union Territories/ other bodies of the Central/ State Government.

Fees is reimbursed to AJNIFM by Department of Expenditure, Ministry of Finance, Government of India

B. PSUs / Corporate Sector Executives / Others

र18 Lakh

C. Overseas Participants

US$ 32,000

 

Fee Payment Schedule

Installment

Due Date

Amount

First

Commencement Date

50%

Second

6 months from date of commencement

30%

Third

14 months from date of commencement

20%

The programme fee for the corporate sector executives and overseas participants is to be paid through demand draft in favour of Accounts Officer, AJNIFM payable at Faridabad or through electronic transfer as per following schedule(detail relating to electronic transfer appears on the last page of the prospectus:

The above fee include tuition fee, cost towards study material, and institutional charges for various attachments, economy class air fare for international attachment (if any), single room accommodation in AJNIFM Hostel for those wishing to stay on Campus.

The fee does not include DSA on foreign attachment and per diem and expenses on accommodation, travel and transportation for the domestic attachment etc. Such expenses shall be borne by the participants / their sponsors.

In the case of participants opting to avail hostel facility the expenses on food and power consumption in the hostel are to be borne by them. However, wherever applicable the participants may claim reimbursement from their sponsoring organizations.

Application Fee/ Cost of Prospectus:

For Indian National: Applications for the programme have to pay application fees (non-refundable) of Rs.2000 (Rs. two thousand only). This is to be paid only by the candidates from PSUs, Corporate Sector Executives, Overseas Participants and Others.

 

S.No.

Programmes

Accredited/Non-Accredited

2

Post Graduate Diploma in Management (Finance) AKA Master of Business Administration (Finance)

Non-Accredited

PROGRAMME FEE

  1. Private Participants/ Corporate Executives Fees:Rs.12 Lakh (Rupees Twelve Lakh only) for the entire MBA Full Time Programme payable in equal instalments

Instalment option for Payment of Programme Fee (For Indian Participants)

Instalment

Due Dates

Fees Amount (INR)

1st Instalment

On Registration

3,00,000

2nd Instalment

31.12.2022

3,00,000

3rd Instalment

30.06.2023

3,00,000

4th Instalment

30.12.2023

3,00,000

 

TOTAL

12,00,000

  1. For Government Officers The Programme Fee for sponsored candidates from Central Government/State Governments/Union Territories is reimbursed to AJ-NIFM by the Government of India under approved Central Plan Scheme of the Ministry of Finance.
  2. International /Foreign Participants: US$ 32,000 for two years (payable in four equal instalments)

Note for all participants under all categories mentioned as per A,B and C above

(a) The Programme fee includes cost of study material, examination & certification, research skill development through financial databases / softwares, tea/coffee during the programme and hostel accommodation on lodging basis only. The fees also includes domestic visit (Travel by AC 3 Tier) and International visit (Economy Class Air Fare) along with twin sharing accommodation.

(b) The fee does not include Mess charges, Laundry expenses & expenses on electricity consumption (power point i.e. AC & Heater) in the hostel which will be borne by the candidates as per actuals. The expenses on boarding in domestic visit as well as international visit and other miscellaneous expenses will also be borne by the participants.

(c) The expenses not specifically mentioned in point (a and b) above, if any, will be borne by the candidates.

 

S.No.

Programmes

Accredited/Non-Accredited

3

Post Graduate Diploma in Government Accounting & Internal Audit

Non-Accredited

 PROGRAMME FEE

Per participant course fee is Rs.7,00,000/- (Rupees Seven lakhs only).