Entrance test for Graduate Insolvency Programme to be held on 9 May; registration begins from 20 January
The Graduate Insolvency Programme Common Entrance Test (GIPCET) for 2021-23 session will be held on 9 May 2021, the registration process of which will begin from 20 January. The registration will close on 21 April and the classes will tentatively start from 1 July 2021.
is the first of its kind programme for those aspiring to take up insolvency professional as a career or seeking to take up other roles in the value chain, in India and in foreign jurisdictions. A student 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.
The Graduate Insolvency Programme is run by Indian Institute of Corporate Affairs (IICA) at Manesar, Haryana.
Important Dates
| S.No. | Event | Date |
| 1 | Registration Open | 20 January, 2021 |
| 2 | Registration Closed | 21st April ,2021 |
| 3 | GIPCET Exam Date | 09th May, 2021 |
| 4 | Commencement of Classes (tentative) | 1st July , 2021 |
Admission Process
- Application can be submitted online only, please visit the link for submitting the online Application.
- Application Fee : INR 3000 (Including 2 centre option).
- INR 500/- for selection of additional centre (two additional centre can be selected).
Selection
- Eligible candidates will have to clear written examination.
- Based on the performance in the written examination, candidates will be invited for Group Discussion and Personal interview to be held under the oversight of observers who are experts in the subject and members of the faculty.
- Personal Interview & Group Discussion of shortlisted candidates.
Batch Size
A maximum of 52 students only will be enrolled for effective learning.
Reservation
Seats are reserved for candidates belonging to SC/ST or OBC category as per the government norms.
Test Centres
Ahmedabad- Gandhinagar, Allahabad, Bengaluru, Chandigarh- Mohali, Chennai, Cuttack, Delhi NCR, Guwahati, Hyderabad, Jaipur, Kolkata and Mumbai-Navi Mumbai-Thane.
Eligibility
Qualification
- Chartered Accountant
- Advocate
- Cost Accountant
- Company Secretary
- B.E / B.Tech
- Post-graduate with major subjects in Economics
- Finance, Commerce, Management and Insolvency with aggregate 50% marks
Experience
There is no requirement of any experience.
Age
Should not be more than 28 years of age as on last date of registration .
Fees Structure
Tuition fee and other charges
| S. No. | Fee Head | Amount (INR) |
| 1. | Tuition Fee | 9,16,000 |
| 2. | Library Fee | 37,500 |
| 3. | Internet Fee | 7,500 |
| Total Fee | 9,61,000 |
Residence Charges**
| S. No. | Fee Head | Amount (INR) |
| 1. | Hostel Fees | 1,44,000 |
| 2. | Food | 1,20,000 |
| 3. | Internet Fee | 7,500 |
| Total | 2,64,000 |
Total Fee: Rs 12,25,000
* Subject to applicable taxes
** The GIP is a residential programme and students are required to stay in IICA Campus
Student loans: Student loan will be available to students who qualify Graduate Insolvency Programme subject to the candidate satisfying the prescribed terms.
Also See: Sample question paper for GIPCET
