Graduate Insolvency Program

Graduate Insolvency Program

Government has plans to create a pool of 45 Bankruptcy professionals in order to deal with India’s Bad loans.

  • The Government will be introducing an Academic Course which is the first course of its kind in the world to create a pool of 45 Bankruptcy professionals.
  • This will be a similar course like that of graduating to top honours at Indian Institute of Management of Indian Institute of Technology.
  • This will be a 27 months program, which will set a global benchmark for insolvency professionals.
  • India has plans to remove around Rs. 10 lac crores in soured loans category.
  • By February 2019 the Insolvency and Bankruptcy Board of India (IBBI), will launch it and the preparations are already in its advanced stage.
  • A working group consisting of 6 members has come out with the final outlines of course like
    • Date of first Admission
    • Course Fees
    • Study Modules etc.,
  • This program has been coined by IBBI to groom world class insolvency professionals and will be launched from the forthcoming academic year.
  • Following personnel with a minimum percentage of marks can sit for the elimination examination to qualify for the course. Five seats would be reserved for foreign nationals.
    • Chartered Accountants
    • Cost Accountants
    • Company Secretaries
    • Law Graduates
    • Post Graduates in Economics, Finance, Management and Commerce
  • The elimination examination will be in line with the Common Admission Test (CAT) since there is expected to be a tough competition for an entry.
  • The course fee will be around Rs. 7 lacs to Rs. 10 lacs annually.
  • The course module will have around 3-5 segments which includes a campus classroom training besides domestic and foreign internships.
  • Expression of Interest has been called from eligible institutions for delivery of course.


  1. For the first time India will be able to export talent in a niche area like Bankruptcy Professionals
  2. Pass out personnel will be able to deal with tough bankruptcy cases, which will bring a check on the long pending cases which take more time in settlements.
  3. After completion a student will have the option to
    1. Either opt to be an Insolvency professional and run the day to day business of a company undergoing insolvency proceedings within a stipulated period or
    2. Can choose to advise other stake holders.


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