Arun Jaitley National Institute of Financial Management ( AJNIFM), established in 1993, is an autonomous Institute of Financial Studies. It is registered under the Ministry of Finance, Government of India. AJNIFM has been ranked 68 in MBA by IIRF in 2025.
AJNIFM offers MBA as its flagship course. It also offers a PG Diploma. Admission to AJNIFM is merit as well as entrance based. The institute admits candidates to its MBA program through CAT/MAT/CMAT/GMAT/XAT. The MAT cutoff percentile in 2024 for admission to MBA at AJNIFM was 60. The total fee for MBA ranges from INR 11 Lakhs - INR 18 Lakhs.
AJNIFM 2024 placement drive has recorded an average package of INR 7.72 LPA, with a placement rate of 96%. The top recruiters that visit AJNIFM are ICICI Prudential AMC, SBI AMC, Phillip Capital, Acuity Knowledge Partner etc.
AJNIFM Highlights
Here are the important details of AJNIFM
Particulars | Details |
---|---|
Name of Institute | Arun Jaitley National Institute of Financial Management |
Established | Institute Type | 1993 | Government |
Location | Faridabad, Haryana |
Approved By | Ministry of Finance, Government of India. |
Ranking | 60 in MBA (IIRF) (2025) |
Courses | MBA, PGDM |
Flagship Course | MBA |
Application Mode | | Offline |
Admission Criteria | Entrance and Merit Based |
Entrance Exam Accepted | MAT, CAT, CMAT, GMAT, XAT |
Fees | INR 11-18 Lakhs (MBA) |
General category MAT Cutoff | 60 Percentile (2024) |
Hostel Availability | Yes |
Average Package | INR 7.72 LPA (2024) |
Top Recruiters | ICICI Prudential AMC, SBI AMC, Phillip Capital, Acuity Knowledge Partner,Tipsons |
Official Website | ajnifm.ac.in/ |
AJNIFM Admission 2025 Dates
Following are the important dates for admission to AJNIFM in 2025
Events | Dates |
---|---|
Last Date for MAT (PBT) Registration | Sept. 25, 2025 |
Last Date for MAT (CBT) Registration | Sept. 22, 2025 |
Examination Date for MAT (PBT) | Sept. 21, 2025 |
Examination Date for MAT (CBT) | Sept. 28, 2025 |
AJNIFM Ranking 2025
AJNIFM has been ranked 68 in MBA by IIRF in 2025.
Following is a tabulated representation of the 2025 ranking of AJNIFM.
Ranking Body | Category | Rank | Ranking Year |
---|---|---|---|
MBA | 68 | 2025 |
Read more - AJNIFM Ranking
AJNIFM Courses and Fees 2025
AJNIFM offers MBA in Finance and Financial Management. It also offers PG Diploma in Government Accounting and Audit. Apart from these, it also offers a Probationers training course and a DGR Certificate Course in Business Management.
Following are the course-wise fees along with eligibility and selection criteria.
Course | 1st Year Fees | Eligibility | Selection Criteria |
---|---|---|---|
MBA | INR 5.5 Lakhs -INR 9 Lakhs | Graduation with at least 50% | CAT/MAT/CMAT/GMAT/XAT Score + GD/PI |
PG Diploma | INR 6 Lakhs | Graduation | - |
Read more - AJNIFM Courses and Fees
AJNIFM Admission 2025
AJNIFM Admission procedure is merit as well as entrance based. Candidates seeking admission to the MBA program need to score at least 50% (45% for SC, ST, PWD) in graduation and qualify CAT/MAT/CMAT/GMAT/XAT. For admission to the PG Diploma program, one needs to be a graduate.
AJNIFM organises its own counselling for admission to the MBA program. Students are required to fill up the application form online and upload the necessary documents. Shortlisted candidates are invited to a GD/PI round, based on which the final selection is made.
Students can download the brochure for specific courses containing the application form @ajnifm.ac.in/programmes/
Read more - AJNIFM Admission
AJNIFM Cutoff 2025
AJNIFM Cutoff 2025 is yet to be released. However, in 2024, the MAT and CMAT cutoff for admission to AJNIFM in the general category was 60 percentile.
Read more - AJNIFM Cutoff
AJNIFM Placement 2025
AJNIFM Placement report 2025 hadn't been released yet. According to the AJNIFM placement records of 2024, the average package offered was INR 7.72 LPA with a placement rate of 96%.
Read more - AJNIFM Placement
AJNIFM vs BSE Institute vs DAV Institute of Management
The following is a comparison of AJNIFM with the BSE Institute and DAV Institute of Management.
The study shows that AJNIFM is ranked much higher than DAV Institute of Management in MBA. However, both DAV Institute of Management and BSE Institute are much more affordable than AJNIFM. Also, the merit based admission process makes it a little easier to get admission in BSE Institute and DAV Institute of Management, given the highly competitive nature of the MBA entrance examinations. Finally, in terms of placement packages offered, AJNIFM and DAV Institute of Management are on par.
Particulars | AJNIFM | BSE Institute | DAV Institute of Management |
---|---|---|---|
Established Year | 1993 | 1989 | 1997 |
Ranking | 68 in MBA (IIRF) (2025) | NA | 196 in MBA (Outlook) ( 2025) |
Flagship Course Fee | INR 11 Lakhs - INR 18 Lakhs | INR 1.42 Lakhs | INR 1.9 Lakhs |
Seat Intake | NA | NA | NA |
Admission Criteria | Entrance and Merit Based | Merit Based | Merit Based |
General Category Cutoff | 60 Percentile in MAT/CMAT (2024) | NA | NA |
Highest Package Average Package | INR 7.72 LPA | NA | INR 5.5 LPA - INR 7 LPAINR 2 LPA - INR 3 LPA |
AJNIFM Campus and Facilities
National Institute of Financial Management has recently been renamed as Arun Jaitley National Institute of Financial Management (AJNIFM).
Entrance
The campus of AJNIFM is a beautiful spot, with the buildings being surrounded by lush greenery as well as well maintained plants.
Library
The library at AJNIFM is a readers ‘ heaven. It has a voluminous collection of books, journals as well as magazines on diverse topics from the field of management and financial literacy.
Lecture Hall
The lecture halls are equipped with projectors, modern illumination system and comfortable seating arrangement.
Here is a tour inside the AJNIFM Campus.
The natural environment nurtured inside the AJNIFM campus is another reason to join the institute.
The campus roads are wide and well maintained. Spots are provided to park private cars.
Car Parking
AJNIFM has separate hostel facilities for men and women. The rooms are equipped with a modern system of illumination, comfortable beds, study tables, and attached washrooms.
Hostel Room
There are spacious corridors outside the rooms, looking over the lush greenery of the campus.
AJNIFM FAQS
Ques. What makes AJNIFM stand out among other financial training institutes?
Ans. AJNIFM is the only premiere financial training institute directly under the Ministry of Finance, Government of India. It caters to the specific training needs of senior government professionals in audit, policy making, public financial management etc.
Ques. Does AJNIFM contribute to policy making or research of the Indian Government?
Ans. Yes. AJNIFM conducts regular policy analysis, evaluation studies and commissioned research for the Ministry of Finance, Government of India. Thus it is an academic as well as a policy advisory body.
Ques. Is AJNIFM involved in digital government research?
Ans. Yes. AJNIFM actively explores DPI, fintech, e-governance. It collaborates with RBI and other major bodies on cutting age governance topics.
Ques. Does AJNIFM collaborate with global institutions?
Ans. Yes. AJNIFM has MOUs and collaborations with IMF, World Bank, ADB and institutions in Commonwealth countries. It often hosts mid career international professionals.
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