Programme Overview

The Graduate Insolvency Programme (GIP) is the first of its kind programme for those aspiring to take up the discipline of 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.

For those aspiring to become in-house counsels or serve as advisors to stakeholders in insolvency, liquidation, bankruptcy or turnaround process, the GIP will benefit at entry level and in career growth. The GIP will also be great value to those who elect to become academics or researchers or work in media houses.

An insolvency professional, serving as a licenced practitioner or in any other capacity, needs not only the domain knowledge but also a range of skills, multiple abilities and extra-ordinary qualities. It also needs a fair degree of appreciation of cultures, social and other factors surrounding an insolvency proceeding. An insolvency professional also has ethical and moral obligations. The GIP offers all that the market expects from a high-quality insolvency professional. A student can also start earning in the second year.

Recognised by the Insolvency and Bankruptcy Board of India and curated by a group comprising eminent economists, insolvency, financial, legal and other experts, GIP is designed to provide exposure to real-time situations and on-ground training. The programme offers opportunities to work with leading insolvency professionals and other stakeholders providing the graduates the skill and experience that will help them to take their career tot he next level and increase marketability to employers.


Duration-24 months (80 weeks)

  • An intensive residential classroom programme of 12 months (32 weeks);
  • A hands-on internship programme at the cutting edge of the practice for 12 months (48 weeks)

Programme Structure

Residential Class Room Programme

Preparatory Phase

The preparatory phase provides GIP students with a strong base of knowledge that will enable them to adapt to changing conditions, including the dynamic insolvency and bankruptcy regime in India. Moreover, the students will be able to appreciate and apply the specialized courses in insolvency and bankruptcy that follow the Preparatory phase.

Specialisation Phase

The Specialization subjects would impart a deep understanding of the Code and its evolution, along with the legal framework within which insolvency professionals are required to operate. This will empower GIP students to “hit the ground running” for their internships. The IPs gain as much practical experience as possible and would make the students employable in any sphere of the insolvency ecosystem, and fulfill a key objective of the Code: 'producing a cadre of top-quality IPs who can deliver world-class services as resolution professionals, liquidators, or in other capacities…'.

Personal Development

The Personal Development phase focuses on developing all-round personalities of the students. Some of the topics covered are, Leadership, Problem Solver: Data Analysis, Consensus Building and Negotiation, Communication / Writing Skills, Grooming / Persona / Gravitas, Thought Leadership, Emotional Intelligence, Self-Management, Time Management, Dealing with Stakeholders, Ethics and managing moral dilemmas and Assessment and readiness for internship.

Content Comments
Teaching Modules A fine mix of theory and practice to be delivered by tutors and experts.
Mentors Students will be assigned Mentors. Mentors will be available to a larger batch of students (1:10). The role of Mentors would be to serve as a guide at the macro (visionary level) level.
Teaching Assistants (TA) TA would be assigned to a smaller group (1:5). TA would be accessible to answer questions and clarify doubts on course content. Some TAs could also be tutors or the other way around.
Case Studies Modules should be delivered around case studies where ever feasible.
The Talk Series A series of lectures by visionaries, leaders and inspirational personalities drawn from different spheres - economy, law, finance, society, politics, spiritual and others. This will be based on areas and personalities identified. The Talk Series may be delivered in collaboration with another institution.
A week with the Legends This will bring the iconic insolvency experts together in the institute for five days.
Off-sites Two in Phase I and one in Phase II.
Seminars One seminar in every two months in Phase I. Seminars will be organised by students.
Workshops and Roundtables There will be one every alternate month. Workshop will be more about in-depth exercise based forum. Roundtables will comprise of interaction and discussion with experts and stakeholder representatives.
Symposium Need-based symposiums will be organised.
External Conferences Students will be permitted to attend in batches. Need to devise an equitable methodology.
Activities Designed to develop soft skills. These will run parallel with other modules.
Exploring the Students Activities will allow spotting to other talents of students – communication skills to leadership but also fine arts. The objective is overall development of personalities.
Book Review Review of books. Where possible authors whose books are reviewed should be invited to speak or interact.
Mock Competitions These competitions will be organised through the classroom.
Projects and Tasks These would include giving tasks and projects.
Assessment Assessment will be done through award of credits.

Credit Score

Term Preparatory Specialization Personality Development Total Credits/Hours
Term 1 200 0 40 240
Term 2 0 200 40 240
Term 3 0 200 40 240
Total 200 400 120 720