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What are the rankings of
the institute?
IFIM
is a premier B-School at Bangalore ranked the
- No. 1 B- School in Bangalore after IIM B –
OUTLOOK, SEP 2011 ISSUE
- 7TH Best in South India - HINDUSTAN TIMES
- 19TH Best in India – MBA Universe
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How old is your
institute?
16 years
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How many students have graduated from
your institute?
About 1000
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Are you recognized by AICTE?
Yes and our programs are accredited
by NBA. Our PGDM program is considered equivalent to MBA
by the Association of Indian Universities. With this
recognition our students can register for PHD with any
University globally
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What are the courses offered?
IFIM Business School offers three
programs:
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What is the fee structure?
Click Here to view the Fee structure
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Can we pay the fee in installments?
Yes. The fees can be paid in 3
installments. For more details
Click Here
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What does the fee include?
The fee includes the tution fees,
examination fees, library fees, Soft skill development
program, educational software, electronic database
access of journals, books etc.
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Why no laptops,
everyone else gives laptops?
It has been observed that most
students have their own preferences on laptops / PDA’s /
Tabs. Everyone has preferences for different
configurations; hence we have upgraded the IT
infrastructure to match up to all devices possible. Also
a lot of students have mentioned that they have already
procured laptops and hence it does not make sense
providing them with another one.
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Do you have
overseas student excursions?
PGDM-IB students have to
compulsorily take a study tour overseas, the cost for
the same has to be borne by the students on an actual
basis.
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Why is the cost of the student excursion
not included in the fee?
The foreign exchange market and the
oil prices have been creating a lot of volatility in
costing and hence the institute has decided to fix the
pricing based on the prevalent pricing trends. This is
the reason why the same is not included into the fees
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What are the
hostel charges?
We provide single and double
occupancy rooms to students on a first-cum-first serve
basis. Hostel charges are separate and it is Rs.6,
750/-per month for boarding and lodging (food included)
+ Rs 1000 for transport. We have limited seats in the
hostel and the allocation happens through first cum
first serve basis strictly.
The facilities at the hostel
include: separate blocks for girls and boys, Gym,
Wi-fi, playground, cafeteria.
In case there is no availability in
the hostel, we could assist you with comfortable PG
accommodations nearby.
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Can I apply for educational loans from
banks for paying the fee?
Yes, IFIM business schools programs
are recognized by all the major banks in the country and
the banks would be happy to provide you with loans as
long as you agree to their terms and conditions
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Are there any scholarships offered by
the institute?
On completing the admission
formalities and joining the institute, the students can
opt to participate in the Padode Foundation Scholarship
program. The number of scholarships are limited and are
based on your merit in an aptitude test conducted by the
institute and your economic background. The scholarship
is generally awarded to those who are economically not
very strong.
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What is the admission process?
All the information that you seek is
on our website.
[Additional information: A student
applying to IFIM Business School for PGDM and PGDM - IB
must have a valid CAT / GMAT / IIFT / XAT / MAT / ATMA
percentile.
Admissions to PGDM - Finance are
through The CAT examination only
The student should have a consistent
academic track record and a minimum of 50% marks in
graduation. Short-listed candidates will be invited to
participate in the Group Discussions and Personal
Interviews at designated test centers in various cities
across India.
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How are candidates shortlisted?
The short listing process along with
the admissions criterion is provided on our website.
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What is the procedure for Admission and
applying to IFIM?
To apply you may to visit our
website www.ifimbschool.com and download the online
application form. Enclose a DD or an at par cheque of Rs
1100 drawn in favour of Center of Developmental
Education payable at Bangalore with the form and mail it
to IFIM B-school. The postal address is available on the
website.
If you wish to pay online, visit the
online payment option on the website
www.ifimbschool.com
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Could you tell
me the important dates to look for?
The admission calendar is:
(for 2-YEAR FULL - TIME PGDM / PGDM-IB AND PGDM -
FINANCE PROGRAMS)
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Entrance Exam
MAT
Sept. 2012
CAT 2012
MAT Dec. 2012
MAT Feb. 2013
MAT May 2013
ATMA |
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Close time for Applying
Dec.
2012
April
2013
Jan.
2013
March
2013
May
2013
June 2013 |
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Why is your fee
so high compared to some other institutes?
When compared to other premier
institutes in our rank category our fee is very
reasonable. The institute invests extensively into good
faculty and a lot of activity to honing the skill of the
student during the tenure of the program and such
training imparted by the institute helps its students
get placement commensurate with the fee charged.
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When are the GD/PI scheduled?
The GD/PI schedules for your city
will be intimated to you well in advance via mail and
phone. The same are provided on the website as well
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Can I apply at the time of GD/PI session
on the same day?
No. In order to be able to
participate in the GD/PI your application has to reach
us well in advance. You are however free to attend the
open house sessions scheduled the same day and then
decide to apply. We will consider your application for
the next round of GD/PI scheduled in your city.
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What is your
faculty strength and their profile in brief?
IFIM has over 42 full-time faculty,
and a lot of academically distinguished visiting or
adjunct or guest Faculty and Corporate Practitioners
also coach our students.
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What is the profile of your faculty?
All the information that you seek is
on our website.
[Additional information: IFIM
Business School’s faculty is a distinguished group, with
more than 60% of full time faculty being Ph. Ds. from
reputed organizations. All of them have made significant
contributions in academics, a few in research and others
in industry. ]
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Tell us about your facilities.
All the information that you seek is
on our website. Please visit
www.ifimbschool.com
for the same.
[Additional information: IFIM
Business School's has a wi-fi enabled modern Campus
spread over 2 acres, it houses 24 spacious classrooms, 3
conference halls, a computer lab, student activity areas
such as a lounge and cafeteria, conference halls
exclusively for Executive Development Programmes, a
centrally air-conditioned auditorium with amphi theatre,
faculty chamber, library and administrative offices for
placement, admissions and administration.]
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What kind of background and profile does
your institute look for in new students?
Kindly refer to our short listing
criterion on the website
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What does your institute offer students
outside of academics?
We lay importance on the
co-curricular activities of a student. We firmly believe
that one should not only value academics but also look
in to pursuing hobbies or their recreational activities,
which are of interest to them.
We have hobby societies, management
quizzes, cultural programs etc., to help the student
relax his / her mind. At IFIM we also have 3 credit
mandatory courses in CSR, Business ethics and Corporate
Governance. The students take out a day in the week to
do voluntary service for a social cause.
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What makes your institute stand out
among other MBA schools?
IFIM Business School has been
climbing up the ranks constantly by strengthening the
curriculum and making it more relevant to the industry
needs. Thus making our training very conducive to
enhancing the employability of our students. This is
very much reflected in our placement record. Our
curriculum has a good blend of knowing and doing, which
departs from the traditional methodology of just
teaching theory. The integrated industry internship for
six months provides our students with 6 month work
experience in the real life environment. The Center for
Personality Development courses which are an integral
part of our curriculum ensure that student masters soft
skills which are an important aspect of placements. Most
of the IFIM faculty has had corporate experience and is
well connected with the industry, this helps bring
realities of business in the classroom, making the
learning more relevant and interesting. Last but not the
least IFIM is located in the heart of electronic city at
Bangalore which is the corporate hub of Information
Technology for the country. The sheer environment rub
off helps our student become business ready
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What is the
difference between the Finance offered in PGDM and PGDM-Finance?
The PGDM - Finance is more inclined
towards the financial services industry, like Investment
Banking, Capital Markets, Equity Research and so on.
Under PGDM-Finance some additional papers and special
training programmes by NSE, BSE and other financial
organizations are some of the added features. The PGDM -
Finance candidates can chose some electives from the
regular course and vice-versa.
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What is the
scope after PGDM-IB?
PGDM International Business is
targeted to impart knowledge on international trade,
relations and commerce. The program familiarizes the
students with the nuances of export and import related
regulations, international mergers and acquisitions,
international and global treaties for patents and trade
etc besides equipping the student with the basic
fundamentals of management. The students of this program
are preferred by multi-national companies who are
looking at hiring man-power in India to set up
operations or by Indian companies who are wanting to
grow their business through global expansion.
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Does IFIM facilitate internships for
students during the course of the program? If yes, explain
in detail.
IFIM has an accomplished Placements
and IIP center. All students are assisted to bag an
Internship. As mentioned earlier, IFIM has the longest
Industry Internship program (IIP) among B-Schools in the
country. The internship lasts for 6 months. This ensures
that our students are well equipped to face the demands
of work with minimal induction. Around 60% of our
students receive their PPO’s (Pre Placement Offers)
through internships.
After a good grounding in theory backed by a number of
projects, students through the internship program are
mentored by a professor from the institute and a manager
at the workplace to learn on the job. This program gives
them a head start and makes them functional and
effective to take on real world challenges.
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How many students were placed this year
(2011 passouts) and what were the sectors they were placed
in?
Participants in the batch- 209
Total number of offers made- 221
% Consulting / IT Consulting – 42%
Financial Services and Banking- 35%
Major FMCGs- 11%
Others / Entrepreneurs- 12 %
Close to 40% of the batch had bagged
pre-placement offers at the end of their IIP program
with companies like Deloitte, UCO Bank, Bank of Baroda,
Genpact, AMBA research, Biocon, Religare, Schneider,
Viteos, NSE-IT, Mafoi Ranstad, IMRB, EmpowerResearch,
Arvind Brands, Embitel, and Matrix among others.
Average salary was 4.6 Lacs, Highest
was 9.2 L by Essar Steels.
Some of the prominent names
recruiting this year include Deloitte Consulting, UCO
Bank, ICICI Bank, Citi Bank, ICICI Securities, Greenply,
TCS, Bank of Baroda, Vijaya Bank, IOB, IBM, Amba
Research, Religare, Infiniti Research, Sharp, Apple,
Info Edge, IDBI Bank, L&T, Developmental Bank of
Singapore and Mercer Consulting.
With the trends being shown over
last few years I am sure IFIM is surely going to find
itself amongst the preferred destinations for the
Corporates.
I don’t think this is needed
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What are the
profiles that companies come for in HR/Marketing/Finance?
The average package offered by the
companies this year is 5 L per annum for this year.
The profiles offered are:
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DOMAIN
Marketing
Finance
HR |
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PROFILES OFFERED
Market research and analytics, Branding, Marketing
and sales
Equity Research, Financial Analysts, Bankers
HR
Generalist’s profile, T&D, Recruitment,
Compensation and Benefits etc. |
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Do you provide internships abroad also?
We haven’t provided internships
abroad yet, but we are open to any such arrangements that
might arise in the future.
We have tie-up with many
universities abroad where student exchange programs and
internships take place.
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Which Universities do you have academic
tie-up’s with?
We have academic tie-up’s with:
- Virginia Commonwealth University, USA
- University of Science and Technology, Lubeck in
Germany
- Grenoble in France
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Have there been any placements abroad?
Yes there have been placements
abroad. A lot of our alumni today are well placed in
positions overseas.
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Is the PGDM programme recognized abroad
and for higher studies?
The programme is recognized for
higher studies. As we have already mentioned, many of
our students have enrolled for Ph.D also.
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What are the other offerings of the
Institute?
- The students are constantly mentored by the
faculty.
- Soft skilled programmes are often conducted in
order to equip the students to face the companies at
the time of placements.
- There is a Centre for Research which enriches the
student knowledge in the field of research and the
ongoing research practices.
- Center for Social Entrepreneurship and Management
- We also have a tie-up with VTU for Ph.D programme.
Many of our students who have completed PGDM have
enrolled themselves for Ph.D.
- There is a Centre for Entrepreneurship which
guides students with business skills and wish to set
up their own business ventures.
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