The convocation witnessed around 35 officers of Central and State Government who completed their PGDBM programme from NIFM institute, being conferred their diplomas by Pawan Kumar Bansal, Minister of State for Finance, Government of India.
NIFM is a financial training institute under the aegis of Ministry of Finance. NIFM offers 2 years Post Graduate Diploma in Business Management, Diploma in Public Financial Management, Diploma in accounting and Internal Audit. The Institute also offers short term MDP's in areas of Public Expenditure Management, Budgeting, Public Financial Administration, IT, HR etc. to serving officers of the Government of India.
Speaking on the occasion, GP Gupta, Director, National Institute of Financial Management, said 'We hope that the officers will bring laurels to their alma mater. In today's context, where despite being a booming economy, we are reeling under economic depression, we need to ensure that safeguards are put in place to look at the interests of stakeholders and the courses at NIFM will enable students, who are senior officers with the Government, to take informed decisions. The need of the hour is to hone the skills and expertise of officers who not only have in-depth knowledge about finance but also are closely attuned to the question of work ethics.'
Pawan Kumar Bansal, Minister of State for Finance, who was the Chief Guest at the Convocation, said that he was extremely pleased to confer the PGDBM (FM) to the 35 meritorious students. He said that NIFM has created a pool of technically qualified officers who are now ready to serve the financial sector of the country at different levels
National Institute of Financial Management (NIFM) was set up in 1993 on the basis of a proposal made by Ministry of Finance, which was approved by the Union Cabinet. The Union Cabinet envisaged that NIFM would begin as a training institution for officers recruited by the Union Public Service Commission (UPSC) through the annual Civil Service Examinations and allocated to the various services responsible for manning senior and top management posts dealing with accounts and finance in the Government of India. The NIFM is headed by the Director who is appointed by Government of India.
