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Indian Institute of Corporate Affairs | Photo: IICA website
Indian Institute of Corporate Affairs (IICA), Manesar and The National Law Institute University (NLIU), Bhopal have invited applications for admission to the 2-years Graduate Insolvency Programme (GIP).
The Programme is the first of its kind for those aspiring to take up the discipline of insolvency professional as a career or seeking to take up other roles in the value chain, in India and in foreign jurisdictions. Those who completes the GIP will be eligible for registration as insolvency professional under the Insolvency and Bankruptcy Code 2016, without having to wait to acquire the 10-year experience as required by the Code at present.
GIP will benefit at entry level and in career growth for those aspiring to become in-house counsels or serve as advisors to stakeholders in insolvency, liquidation, bankruptcy or turnaround process. It will also be great value to those who elect to become academics or researchers or work in media houses.
The GIP is recognised by the Insolvency and Bankruptcy Board of India. More details on the Program are available at https://iica.nic.in/gip/ and Program Brochure that can be downloaded from here.
The course extends for 24 months (80 weeks) and comprises of an intensive residential classroom programme of 12 months (32 weeks) and a hands-on internship programme at the cutting edge of the practice for 12 months (48 weeks).
Eligibility: Applicant should be a Chartered Accountant, Advocate, Cost Accountant, Company Secretary or should hold B.E / B.Tech or should be a Post-graduate with major subjects in Economics, Finance, Commerce, Management and Insolvency with aggregate 50% marks. There is no requirement of any experience.
Age should not be more than 28 years as on the last date of registration. Reservations for those belonging to SC/ST/OBC/EWS/NCL and PWD category as per Government norms are applicable.
Selection: Eligible candidates will have to appear for the GIPCET to be held on 20.5.2023 at centres across the country. GIPCET will be held on computer terminals. The assessment test shall consist of Multiple Choice Questions of 85 marks and descriptive questions on domain knowledge of 15 marks from Professional Ethics, Domain Knowledge, Legal Aptitude, Financial Aptitude, General Knowledge and Current Affairs, Mathematics and Basic Statistics, Logical Reasoning, English Comprehension & Communication Skills.
Based on performance in GIPCET, shortlisted candidates will be invited for Group Discussion and Personal Interview. A maximum of 52 students will be enrolled for effective learning at IICA, and 40 students for NLIU.
Application: Application can be submitted online at https://iica.nic.in/gip/ or https://nliu.ac.in/ latest by 7.5.2023
Application Fee is Rs. 3000/- (Including 2 centre option). For selection of additional centre (two additional centre can be selected) and additional fee of Rs. 500/- has to be paid.
For details visit https://iica.nic.in/gip/ or https://nliu.ac.in/
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