Finance Management Institute By Indian Railway

The Indian Railway is going to set up its training institute to impart training to its officials.

For this an Indian Railway Institute of Financial Management will be set up in Secunderabad.

Course Details :


Diploma in Rail Transport and Management

• Correspondence course conducted by Institute of Rail Transport, New Delhi.
• The duration of the course is one year from May - June every year.
• Course Contents

1. Overview of the Transport Sector
2. Rail Operations Management
3. Marketing & Commercial Policy
4. Logistics & Supply Chain Management
5. Costing & Pricing of Rail Transport Services
6. Human Resource Management in Indian Railway
7. Legal &Technical Aspects of Railway Functioning
8. Planning, Financial Management & Investment Policies

• Lessons are printed in Hindi and English.
• Lessons of the course are in easy language, to be understood even by the persons who have no previous knowledge of railway working.
• The diploma has been recognized by the Ministry of Railways as additional desirable qualification for recruitment to categories of Assistant Station Master and Traffic/Commercial Apprentice and for supervisory grades in Electrical, Mechanical, Civil Engineering and other department of Railways.
• Courses offered by Institute of Rail Transport (IRT) are recognized by the Distance Education Council (DEC) of Indira Gandhi National Open University (IGNOU).
• The course is the only diploma on Rail Transport and Management available for non-railway men in the country.
• This course is useful for persons working in any industrial undertaking connected with transport of goods by rail.
• Fee for   the   course   including  the  examination  fee is Rs. 4000/-
• Candidates having a Bachelor's Degree or a Diploma in any Engineering Discipline from a recognized University/Institute are eligible.
• See here for details: http://www.irt-india.com

Diploma in Transport Economics and Management

• Correspondence course conducted by Institute of Rail Transport, New Delhi.
• The duration of the course is one year, from January - February every year.
• The Course consists of the following seven modules:

1. Transportation - Issues in Microeconomics
2. Transportation - Issues in Macroeconomics
3. Organisation and Legal Aspects of Transport Modes
4. Financing and Investment Policy in Transport
5. Cost Benefit Analysis
6. Inter Modal Coordination

• All the lesson are printed in Hindi & English.
• The present fees for the course including  the  examination  fee is Rs. 4000/-
• The diploma is recognized by the Ministry of Railways as additional desirable qualification for requirement to the posts in the Commercial, Operating, Electrical, Mechanical and Civil Engineering Departments.
• Courses offered by Institute of Rail Transport (IRT) are recognized by the Distance Education Council (DEC) of Indira Gandhi National Open University (IGNOU).
• Candidates having a Bachelor's Degree or a Diploma in any Engineering Discipline from a recognized University/Institute are eligible.
• See here for details: http://www.irt-india.com

Diploma in Multi-Modal Transport [Containerization] and Logistics Management

• Correspondence course conducted by Institute of Rail Transport, New Delhi.
• Course is likely to benefit fresh graduates from Universities desiring specialization in this subject and will also be useful to those who are working in various Ministries and Public and private Sector enterprises involved with transportation , freight forwarding, cargo handling, customs house agents, shippers, containers and those dealing with logistic management.
• The present fees for   the   course   including  the  examination  fee is Rs. 4000/-
• The duration of the course is one year, from March - April every year.
• The course consists of the following eight modules:

1. Concept of Multi-Modal transport
2. Modes of Transport and Planning
3. Ports Logistics and Connectivity with ICDs
4. Documentation and Customs Procedures
5. Conventions
6. Cargo and Container Handling
7. Cargo and Liability Insurance
8. India's Growing Conflict

• All the lessons are printed in Hindi and English.
• The diploma is recognized by the Ministry of Railways as additional desirable qualification for requirement to the posts in the Commercial, Operating, Electrical, Mechanical and Civil Engineering Departments.
• Courses offered by Institute of Rail Transport (IRT) are recognized by the Distance Education Council (DEC) of Indira Gandhi National Open University (IGNOU).
• Candidates having a Bachelor's Degree or a Diploma in any Engineering Discipline from a recognized University/Institute are eligible.
• See here for details: http://www.irt-india.com

Diploma in Railway Engineering

• Conducted by The Institution of Permanent Way Engineers
• One year Correspondence Course comprises of two semesters of 6 months each.
• Eligibility:

1. Railway employees: High School/SSC or equivalent qualification with maths or science and having a minimum of 3 years experience over Railways or a Graduate with Maths or Science as one of the subjects in Intermediate/Plus 2 of SSC.
2. Non-Railway persons:  3-years Diploma holder in any discipline of Engineering recognised by Central/State or UT Government or a Science/Engineering Graduate or a Graduate having had Maths or Science as one of the subjects in Intermediate/Plus 2 of S.S.C.

• Course Fees:   

	Semester-I	Semester-II
(i) Railway Personnel (Serving)	Rs. 1500	Rs.1900
(ii) Non-Railway persons	Rs.2000	Rs.2400
(iii) Optional Contact Classes	Rs. 1500	Rs.1500

• Approved by Ministry of Railways as an additional qualification for promotion to all selection posts for Railway employees in Group C Category.
• Course contents
• Semester I covers basic knowledge of Railway working in the fields of   General Management of Railways, Civil Engineering (Works); Civil Engineering (Track),  Civil Engineering ( Bridges),  Signal & Telecommunication Engineering; Operational Management,   Commercial Management,  Stores/Material Management, Personnel Management, Financial Management of Railways & Railway Accidents & Safety measures.
• Semester-II covers basic knowledge of Railway working in the field of Mechanical Engineering and Electrical Engineering and specialized knowledge of Permanent Way Engineering, which includes Track structure, its Maintenance and Modernisation, Works, Bridge Engineering, Survery and construction of Railway Lines, Railway Sidings and Disaster Management.

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