NIFA - National Institute of Finance And Accounts 12 Years of Education
 
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Frequently Asked questions
Q1.
What is the name of the Course that you are providing ?
Ans.
The name of the Course is NIFA Certified Professional Accountant or NIFA CPA.
Q2.
What is the duration of the Course ?
Ans.
The duration of the Course is 18 months with 15 months of Course Conduction and 3 months of Project /On the job Training.
Q3.
Is there any eligibility criteria for the admission to the Course ?
Ans.
Yes , a student should have passed his 12 standard examination with a minimum passing percentage of 50%.
Q4.
Who are the target customers for our Course NIFA CPA ?
Ans.
Normally the students who are 12 pass i.e. undergraduates and graduates are our target customers. These are the students who during the Course of their graduation can do the Course so that by the time their Course ends , they are ready for the jobs.
Q5.
Can't the working professionals do the Course ?
Ans.
The working profesioanls are welcome to do the Course. However , if the professionals who are doing the course are 30+ in age , it becomes difficult t get them jobs. However , this all depends upon case to case basis.
Q6.
Do we have to come daily to the Centre and for how many hours the classes are conducted ?
Ans.
Yes , you have to daily come to the Centre for about 6 days in a week . The classes would be conduted for about 2 hours in the time slot of your choice , which means you can come to the Centre from 7-9 am , 9-11 am , 11-1 pm , 1-3 pm, 3-5 pm , 5-7 pm , 7-9 pm. The tming can be of your choice .
Q7.
Can I come for the extra time if I plan to do more practise ?
Ans.
Certainly yes , you can come to the Centre by booking in advance the time slot for extra time. Please talk to your faculty/lab incharge.
Q8.
Can this course be done with graduation ?
Ans.
Yes, this is a part time (2 hr.) session/day . You have to come to the Centre only for 2 hours .Hence , you can do the Course simultaneously along with your graduation.
Q9.
Why should I go for the course as I want to do graduation first?
Ans.
In today's cut throat competition only graduation couldn't give you a platform to stand on, it is just a supportive degree for your career. If you do this course with your graduation, you'll have a great job before completion of your three year degree course. GET ON THE JOB HIGHWAY AS SOON AS YOU COMPLETE YOUR GRADUATION.
Q10.
Can a non-commerce student do the course ?
Ans.
Yes, arts or science students can also easily enroll for the course as we have about a month session for basic terminology viz Business Accounting for non-commerce students. We are teaching students the practical aspects of Accounts and Finance through Computers. Hence , we teach the students basics of accounts and finance and thereafter the students have to just learn using the Softwares. Hence , irrespective of the Stream like B.A. or B.Sc. , a student can pursue the Course.
Q11.
Is there any demo class allowed ?
Ans.
No, we don't believe in demo or trial classes, as we are confident of the training we provide. A student will be allowed in the class only after he has paid his/her whole Down Payment. Upon paying the DP or the full fees , a student will receive a Welcome Kit from the HO/RO containing his ID Card / Silver Card. Only after paying the complete down payment , the student is allowed to attend the classes.
Q12.
Can I do the course in fast track as 15 month is a long duration ?
Ans.
Yes, you can do the course in fast track but the decision is upto us, if you score more than 75% in Sem-I then you can attend 2 batches simultaneously to do the course in somewhat short duration.
Q13.
The duration of the course is too long ?
Ans.
The course duration is of 15 months. It is on the basis of 2 hrs daily classes. Normally it has been seen that this particular course is being done either by the graduation pursuing students or by the persons already into job.
As mentioned earlier also that the time of our each & every module has been fixed & the books are being designed & developed by professionals accordingly. If we will not devote proper time to a particular subject then we don't think it will serve the purpose. Further we believe in providing quality education. As we all know that a disease can be properly cured by a calculated dose of a good doctor .In the same respect ,for expert learning, proper classes are required to be taken from learned professionals. So we are providing a calculated dose for a particular subject decided by professionals like: CA, CS etc.
Q14.
If we want to go for some selected modules?
Ans.
We don't breakup the course as our aim is to provide a job oriented career for the students.
Q15.
Where and how you'll provide project training ?
Ans.
The training will be given in service sectors viz. (Reliance), Manufactures sector (viz Hindustan Lever) NGO's etc. or local basis or subject to the condition of companies.
Q16.
Can I join for a particular semester and what is the course fee ?
Ans.
As mentioned earlier also that individual semester wise course is not being conducted by us. However in some special cases if the candidate is confident & having practical knowledge about any particular semester the same is being allowed but that too after clearing examination.
Q17.
I don't want to join for the complete course. I am interested in final project only.
Can I Join for that and what are the charges ?
Ans.
No, Not allowed.
Q18.
I can't spend 18 months for this course and I want to finish this course as early as
possible. Do you have any fast track scheme for the same ?
Ans.
Yes ,we do have a system of completing the course in fast track . In that case the candidate has to devote more hours at our institute . Further the batch size should be of at least 5 students.
Q19.
You talk about Finance part of your course but the name of the course is CP A Why?
Ans.
The word “Professional Account” is a wide term which incorporate in itself the finance field as well.
Q20.
We want to do selected modules. Is there any option available for it?
Ans.
No such option is available.
Q21.
We want to do software part only. (Generally this question arises with C.A/C.S.)
Ans.
No such training is being imparted.
Q22.
In which companies you will give practical training in 3 Sem.
Ans.
The whole course has been designed looking to the practical training aspects. Further our final project incorporates the following things : Submission of industry specific project by students ,Seminar by student Industry visit in order to have a practical exposure & to build up confidence with respect to live environment working. Industry visit will be of a particular industry as per the project prepared. It can be trading, manufacturing, service industry or NGO's.
 
 
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