This is proposed to be a dual-track Finance program. The first year, which would be housed in XIMB (Xavier Institute of Management – Bhubaneswar), the School of Business Management of the Xavier University - Bhubaneswar (XUB) located at the City Campus of XUB, would be common for both the tracks and would cover core and advanced courses from Accounting & Finance areas as well as core courses from other areas. At the end of the first year, those who are promoted to the second year (which requires satisfying the pre-specified promotion requirements) and also have an average/cumulative QPI of 4.5 in the four Fordham Foundation Transfer Courses Taught at XIMB (shown under Course Details), would be given the option to choose one of the two tracks. The Standard Track, which would be open to all promoted students, would entail the students continuing their second year at XIMB, the successful completion of which would fetch them an MS (Finance) from XUB.The Fast Track would entail the students going to GBA (Graduate School of Business Administration) at Fordham University, New York, USA, taking an intensive 18 credits there in July-August, then returning to India, and submitting a PEER (Practical Experience Executive Report) to XIMB after six months of work experience; the successful completion of this track would fetch the student an MSGF (MS in Global Finance) from Fordham University and MBA (Finance) from XUB.
Fees: Academic Fees for the first year would be Rs.8,00,000. Academic Fees for the second year at XIMB would be Rs.8,80,000 and for Fordham would be around $10,000 - $20,000. Living expenses would be extra and so would be visa fees and airfare for Fordham-bound students.
Financial Aid: Banks would be willing to provide loans. Besides, limited number of scholarships would be available to economically-backward students who perform well at XIMB.
Placement: Career Advisory & Advancement Services (CAAS) office would try its best to help each student get a suitable job commensurate with his/her academic career, prior work experience, if any, and performance in the program here.
Batch Size and Reservations: For 2015-2016, up to 40 students, if found suitable. 20 seats are reserved for Odisha domiciles.
Campus Accommodation: Limited number of accommodation is available for students of this program at the XIMB campus. Attempt would be made to accommodate all, but no guarantees.
Application Deadline: 12th April 2015 or till two-thirds seats are filled up, whichever is later. There is no application fee.
Program Start Date: 19 June 2015.