The Institute for Financial Management & Research (IFMR) , established in 1970 is one of the leading business schools in India which stands out from the others because of its innovative curriculum that emphasises on theory as well as real life exposure as a learning mechanism. As of the present, it offers a full-time as well as a part-time PGDM programme, a well reputed Ph.D programme as well as several short-term customised management development programmes.How to Apply:
- The candidates can procure the prospectus from the IMS Coaching Centres by paying Rs. 1500 and complete the online application form using the 6-digit registration key that has been provided in the inside cover of the prospectus.
- 1500 can also be paid by way of a Demand Draft to procure the Prospectus from the Institute. The DD should be favouring the “Institute for Financial Management and Research” payable at Chennai. The next step is to be fill the online application form using the 6-digit registration key that has been provided in the inside cover of the prospectus.
- This online form that is to be filled is available at the site http://admissions.ifmr.ac.in
- 1500 can also be paid through an online payment on the same site through Debit Card, Credit Card or Internet Banking, after which the online form is to be filled and submitted online itself.
After the Candidate has applied to the Institute , the candidates are shortlisted. A selection procedure in conducted in various cities based on the applications.Eligibility Criteria
Candidate has to have graduated in any discipline to be eligible to secure admission in the Institute. This includes those candidates who are pursuing their final year degree. If one wants to apply for the academic year starting 2015, candidate should have the scores for one of the following exams – CAT 2014/ XAT 2015/ GMAT & GRE ( taken anytime between 2010-2015) and CMAT (Sept 2014) . Only Indian Nationals and NRIs are eligible for admission.Campus Facilities (i.e. Infrastructure)
IFMR now functions in its new 40 acre campus with state-of-the-art facilities located at Sri City, around 55 kilometres from Chennai. The entire campus is Wi-Fi enabled and the class rooms are air-conditioned and technologically up-to-date. The campus has a vast and well stocked library that is air conditioned and spread over 4000 sq ft. The campus also contains several study halls, a trading floor, cafeterias, gymnasiums and other recreational facilities.Hostel
Hostel facilities are available to all students on campus. There are separate hostel blocks for women and men and the rooms are extremely spacious with all the necessary facilities, including a well-equipped gym.Placements
IFMR is well-known for its flawless record with respect to placements. This includes both Summer Internships and Final Placements. Some of the big recruiters are Frost & Sullivan, JP Morgan, Vedanta, etc.Ranking
IFMR was ranked at No. 27 nationally by the National HRD Network – People Matters B-School Ranking 2015. The 2014 Crisil rating has marked it as an ‘A***’ university in the State level and a ‘A**’ university in the national level.Scholarships
50% of the tuition fee for the PGDM course is covered by a scholarship on a yearly basis. This scholarship is granted to 10% of the students based on their academic performance.
The best outgoing student of this particular course receives a scholarship of Rs. 100000. This is called the Hindustan Unilever Scholarship. A number of medals are also awarded to those who perform outstandingly to motivate and encourage them.
IFMR encourages a wide palette of activities by way of various clubs and committees formed by the student body. The placement committee, the Sports Club, The Cultural Club, Finance Club, Entrepreneurship club, Literary Club and Marketing Club and Samarthan (voluntary service to society) are the most active clubs in IFMR and are extremely efficient in what they do. Van Mahotsav and Wishing Tree are the two main events organised by the clubs and the Institute.Important dates:
The last day for applications is usually in the last week of January. Shortlisted students list will be released by February-March and the Selection procedure is conducted by April.
|Maximum salary offered|
|Minimum salary offered|
|Average salary offered|
To pursue MBA at IFMR students must satisfy following eligibility criteria.
The minimum qualification to apply for admission to the MBA Program is a Bachelor's Degree (10+2+3 years of education) in any discipline which is recognized by the Association of Indian Universities, or any degree equivalent to the Bachelor's Degree, with a minimum of 50% aggregate marks in the Secondary / Higher Secondary / Pre-degree Examinations (or equivalent) conducted by a Board / University.
Those appearing for the final year of the Bachelor's degree examinations may also apply subject to completing their examinations or viva-voce, if any, before June 30. Such candidates will however have to fulfil the above eligibility requirements in respect of minimum academic qualifications for admission and furnish evidence to that effect latest by October 31. At the time of interview and/or admissions, they will be required to produce a letter from their College Principal / Head of Institution stating the exam dates.
Candidates with appropriate industry experience will be given preference for admissions. Their work experience will be given due weightage in terms of the organization, position held and duration.
Selected candidates will be called to attend Group Discussions and Personal Interviews. Multiple Group Discussion & Personal Interview lists will be released in phases, both before and after the Application Deadline. The intimation for interview & group discussion is done through registered post and e-mail. In the case of some programs, Group Discussion may not be conducted, in favor of a rigorous interview process.
The selection criteria for calling candidates for admissions is based on multiple factors as follows:
- Past academic performance
- Quality & content of the answers in the application form
- Work experience, if any , in terms of job content & organization
- Group Discussion & Interview performance (applicable for final admissions only)
- Extra curricular activities, other interests & accomplishments
- Competitive Test score (CAT, MAT, XAT, CMAT)
A combination of all the above factors are used to determine the eligibility of candidates to be offered final admission. Test scores are NOT the only criteria for selection.
A high test score does not guarantee a call for Group Discussion/Interview. The selection criteria are based on multiple factors as mentioned above.