The Program offered by the Directorate of Distance Education, the ICFAI University, Tripura is a unique program covering the areas of financial markets, financial analysis, valuation of assets, portfolio management, mutual and other funds and professional ethics.

The Program has been developed in the context of the present and future needs of the investment and financial analysis industry.

The core body of knowledge of the Program includes current and evolving concepts, techniques and applications, and also providing the flavor of the frontiers of knowledge.

 

• To improve the ability to develop a framework for financial analysis and to rationally evaluate alternatives for purposes of decision-making.


• To deepen insights into practical applications of financial analysis in a dynamic investment environment.


• To encourage aspiring financial analysts equip themselves with the latest tools and techniques.


• To develop contemporary body of knowledge and skill-set and make them available for those seeking rewarding careers in the investment industry era of globalization.

The Program follows the following distinctive but interrelated approaches :

• Basic Knowledge aimed at improving students' understanding of certain fundamental phenomena and relationships underlying the changing world of investment and financial analysis.


• Tools and Techniques are required to equip students improve their analytical ability and power of integration and synthesis in the context of financial markets and instruments.


• Application Areas linking the theoretical studies to the practical problems faced by financial analysts and investment managers.


• Professional Ethics aimed at inculcating in the students an ethical approach in their professional interactions and a sense of personal, corporate, and social responsibilities.

The Program has five focus areas:

• Financial Markets: Financial markets include capital markets (equity, debt and derivatives) both primary and secondary segments. The players include the issuers of financial instruments, the institutional and individual investors, the intermediaries (like investment bankers, brokers, bankers, etc), the financial analysts, the media, the mutual funds, pension funds, hedge funds, the stock exchanges (like Bombay Stock Exchange, National Stock Exchange, etc), and the regulators like Securities and Exchange Board of India.


• Analysis and Valuation: The various financial instruments like equity, fixed income securities (like bonds), and derivatives (like options, futures, and swaps) have different risks associated with them and yield different returns. These risks and returns have to be carefully analyzed and the instruments have to be correctly valued applying various methods of valuation.


• Portfolio Management: Different investors have different risk profiles and return-expectations. Hence different portfolios have to be developed and managed to achieve the objectives of the investors. Depending upon the changing circumstances, the portfolios have to be rebalanced. Asset allocation and risk-return management are the key functions of a successful portfolio manager.


• Mutual and Other Funds: A wide variety of mutual funds, pension funds, and hedge funds have come into existence. Each mutual fund has several schemes: growth schemes, income schemes, balanced schemes, sectoral schemes, index-linked schemes, tax-planning schemes, etc. Several insurance companies have to manage their investment funds as per Insurance Regulatory Development Authority Regulations. Securities and Exchange Board of India has kept in place detailed regulations for mutual funds.


• Code of Conduct: The code of ethics and standards of professional conduct covering various aspects like integrity, ethical behavior, professional competence, objectivity, professional independence and public trust are to be adhered strictly.

Bachelor’s Degree in mathematics / physical science / commerce.

Two years

English

The students are required to complete PGDFA Program within a period of four years from the date of enrollment. Students who are unable to complete the program within the validity period of four years, but still keen on continuing the program, are required to contact the University. The University may extend the eligibility period at its discretion. In such case the de novo registration fee as applicable to be paid.

The University provides prescribed books specially designed for the programs meant for self study. Counselling classes will be organised.

The PGDFA Program is divided into two years. Each year consists of six subjects. The students are required to study and complete all the subjects in a sequential manner.

Students with prior qualifications, are eligible to get waivers from certain subjects of the PGDFA Program.

• CA means a person, who has passed the final examinations conducted by the Institute of Chartered Accountants of India.


• CWA means a person, who has passed the final examinations conducted by the Institute of Cost and Works Accountants of India.


• MA (Economics) and M.Sc (Statistics) from a recognized University.


• MBA [and includes PGDM/PGDBA referring to 2 year PG Diploma in Management/ Business Administration] from any University or reputed B-School with finance specialization and studied financial management as one of the subject.

The examinations serve to finally assess and certify the students' understanding of the subjects.

The examinations are conceived, developed and administered on a rigorous and fair basis to bring out the best in the students and prepare them for challenging careers in the world of investment and financial analysis.

Examinations are conducted four times a year in January, April, July and October.

The examinations are offered through Computer Based Test (CBT).

All students are required to register and book the slots for each subject for their CBT (including payment of fee) using the online facility only, as the operations of examinations department are entirely computerized.

The CBTs are held at test centers, as indicated on the website www.iutripura.edu.in/dlp.

Students will be eligible to appear for the examinations for the first two subjects 5 months after the date of enrollment. Subsequently students can appear in 2 new subjects each quarter in sequential order, but not exceeding 4 subjects in each quarter examination.

In order to become eligible to appear for the examinations, the students are required to enroll into the program on or before the following dates:

Mock practice questions to familiarize with computer based examinations will be provided to all enrolled students.

All the students who successfully complete all the subjects of the program will be awarded the PG Diploma in Financial Analysis (PGDFA) by the ICFAI University, Tripura.

We offer the following web services 24 x 7 to our students:

Online prospectus request, online enrolment, updates on events and chat facility.

Facility for online payment, Computer-based test (CBT) examinations, online admit cards, online examination results, mock test for familiarization with CBT examination procedure, chat facility for all the enrolled students, important information on examination schedule, test centers, updates on revision of curriculum, etc.

Students can enroll into the program by logging on to www.iutripura.edu.in/dlp for filing the application form online and making the payment through Internet. Students can make the payment through the Credit Card issued by ICICI Bank and HDFC Bank or the VISA/MasterCard issued by any bank, through Secure Internet Payment Gateway. Net Banking facility is also available for customers of ICICI Bank, AXIS Bank, Yes Bank, Karnataka Bank, Corporation Bank, Oriental Bank of Commerce, South Indian Bank, Federal Bank, Indian Overseas Bank, Allahabad Bank, Bank of Bahrain & Kuwait and Dhanalaxmi Bank. Students may please note that payments relating to examinations will be accepted only through Secure Internet Payment Gateway.

The Admission modalities are with reference to the distance learning PGDFA Program offered by the ICFAI University, Tripura.

Applications received from students are checked for the basic eligibility criteria and the eligible students are enrolled into the program under the distance learning mode.

The admission into the distance learning program is not open to foreign citizens due to visa restrictions. Indian passport holders temporarily staying abroad can enroll subject to the decision by the Admissions Committee.

If the applicants do not satisfy the eligibility criteria, the applications are returned to them along with all enclosures and the amount paid after deducting Rs. 500. Such students are, however, permitted to apply again after they subsequently satisfy the eligibility criteria.

The applicants are required to pay the fee as indicated in the Fee Schedule. The remittance can be done by way of Demand Draft or Credit Card. Demand Draft should be in favor of “The ICFAI University, Tripura-Fee Collection A/c” payable at Agartala. For EMI facility please refer to Fee Schedule.

(With effect from March 01 2014 and valid for the Academic year 2014 only)

Note: Exam fee is payable separately as and when the student registers for the examination.

In case a student decides to withdraw from the program after enrollment, the fee paid will be refunded after deducting the admission fee and the cost of courseware supplied. Withdrawal requests received after 30 days of enrollment are not entertained and no refund will be given.

The University reserves the right to amend the rules and regulations wherever considered necessary and appropriate. Such amendments will be intimated to the students. Therefore, this publication and the descriptions contained herein are not to be construed as a contract binding the University to any specific policies. Possible changes include, but are not limited to curriculum and course content, passing requirements, eligibility criteria for examinations, fee schedule, refund policy, examination pattern, certification and designation, and such other matters as may be considered relevant.

The students are advised to read the following guidelines carefully before completing the Application Form for Enrollment and the Fee Remittance Form.

• The Application Forms should be filled in Capital Letters.


• Please respond to all the information sought.


• Additional sheets may be used, if necessary.


• Ensure that the Application Forms are signed.

• Photocopies of certificates regarding date of birth and educational qualifications shall be enclosed with the Application Form for Enrollment.


• Original Certificates should not be sent.

Please ensure that your Application contains the following enclosures.

• Application Form for Enrollment into the program (with recent color photograph affixed).


• Copies of Certificates of Date of Birth and Educational Qualifications.


• Fee Remittance Form.


• Demand Draft/Credit Card Merchant Slip (wherever applicable) towards the payment.


• Those students availing the EMI facility through PDCs are requested to enclose the postdated cheques (CTS 2010 compliant) for the required amount along with the Fee Remittance Form.

The completed Application Forms along with the required enclosures can be submitted or sent by speedpost/courier to: