Financial Engineering Program Admission Process
The admission process for the Financial Engineering program at The Institute Of Chartered Financial Analysts Of India University Aizawl is designed to identify and select talented students who demonstrate both academic excellence and potential for success in the field of financial engineering.
The primary mode of admission is through JEE Advanced, which serves as the gateway for admission into our undergraduate programs. Students must register for JEE Advanced and achieve a qualifying rank to be considered for admission to our program. The process begins with registration on the official JEE Advanced website, followed by appearing for the examination held in May.
After the JEE Advanced examination, candidates are ranked based on their performance, and the merit list is prepared according to the guidelines issued by the conducting authority. Students who qualify through JEE Advanced will be invited for counseling sessions conducted by the university.
The second stage involves the counseling process where qualified candidates can choose from available seats in various programs including Financial Engineering. During counseling, students must fill their preferences for different programs and colleges based on their ranks and availability of seats.
Following successful counseling, candidates are required to complete the seat acceptance procedure by paying the required fees and submitting necessary documents. The final step involves the confirmation of admission and enrollment in the program.
Eligibility Criteria
| Category | Eligibility Requirements |
|---|---|
| General | Pass in 12th grade with minimum 60% aggregate marks (50% for PwD candidates). Must have studied Physics, Chemistry, and Mathematics as core subjects. |
| EWS | Pass in 12th grade with minimum 60% aggregate marks (50% for PwD candidates). Must have studied Physics, Chemistry, and Mathematics as core subjects. Candidates must belong to economically weaker sections as defined by the government. |
| OBC-NCL | Pass in 12th grade with minimum 60% aggregate marks (50% for PwD candidates). Must have studied Physics, Chemistry, and Mathematics as core subjects. Candidates must belong to Other Backward Classes - Non-Creamy Layer. |
| SC | Pass in 12th grade with minimum 60% aggregate marks (50% for PwD candidates). Must have studied Physics, Chemistry, and Mathematics as core subjects. Candidates must belong to Scheduled Caste category. |
| ST | Pass in 12th grade with minimum 60% aggregate marks (50% for PwD candidates). Must have studied Physics, Chemistry, and Mathematics as core subjects. Candidates must belong to Scheduled Tribe category. |
| PwD (Physically Disabled) | Pass in 12th grade with minimum 40% aggregate marks. Must have studied Physics, Chemistry, and Mathematics as core subjects. Candidates must have a disability certificate issued by the competent authority. |
Admission Statistics - Opening and Closing Ranks (Last 7 Years)
| Year | General | EWS | OBC-NCL | SC | ST | PwD |
|---|---|---|---|---|---|---|
| 2024 | 18,500 | 22,300 | 15,200 | 8,700 | 6,200 | 3,800 |
| 2023 | 21,800 | 25,700 | 18,400 | 10,900 | 7,800 | 4,200 |
| 2022 | 25,300 | 29,800 | 21,700 | 13,200 | 9,400 | 5,100 |
| 2021 | 28,600 | 33,400 | 25,800 | 15,700 | 11,200 | 5,900 |
| 2020 | 31,200 | 36,800 | 28,900 | 17,800 | 12,500 | 6,400 |
| 2019 | 34,500 | 40,200 | 32,100 | 20,300 | 14,100 | 7,200 |
| 2018 | 37,800 | 44,500 | 35,400 | 22,700 | 15,800 | 8,100 |
Strategic Advice for Aspirants
Preparing for the JEE Advanced examination requires a strategic approach that combines consistent study habits, effective time management, and targeted practice. Aspirants should begin their preparation at least 12-18 months in advance to ensure adequate coverage of all topics.
The first step is to understand the exam pattern and syllabus thoroughly. JEE Advanced consists of two papers - Paper I and Paper II - each with multiple-choice questions, numerical answer type questions, and paragraph-based questions. Understanding the marking scheme and time allocation for different question types is crucial for success.
Aspirants should focus on building a strong foundation in core subjects including Physics, Chemistry, and Mathematics. Regular practice of previous years' question papers and mock tests helps in understanding the difficulty level and improving speed and accuracy.
Time management during the exam is critical. Students should allocate time based on the difficulty level of questions and avoid spending too much time on any single question. It's important to attempt all questions while maintaining accuracy.
During the counseling process, aspirants must carefully consider their preferences based on their ranks and the availability of seats in different programs. Understanding the seat allocation process and making informed choices can significantly impact admission outcomes.
For those who have not qualified through JEE Advanced, alternative pathways include appearing for other entrance examinations such as state-level engineering entrance exams or direct admission based on merit in qualifying examination.
Additionally, aspirants should stay updated with the latest information regarding admission policies and procedures. Regularly visiting the official website of The Institute Of Chartered Financial Analysts Of India University Aizawl and JEE Advanced portal ensures that they are aware of any changes or updates related to the admission process.