Admissions

IFIM Business School

IFIM Business School looks for candidates with intellectual curiosity coupled with a desire to stretch in a rigorous academic program as well as personal qualities to contribute in many activities of the institution. The potential to succeed as a leader in a competitive and global business environment is also central to its admissions criteria. IFIM welcomes applicants regardless of religion, gender or financial status with an aim to build an exciting, dynamic and diverse student community.

Programs:

Post Graduate Diploma in Management (PGDM)
(Full-time; two years, Approved by AICTE)

Post Graduate Diploma in Management in Finance (PGDM- Finance)
(Full-time; two years, Approved by AICTE)

Post Graduate Diploma in Management in International Business (PGDM- IB)
(Full-time; two years, Approved by AICTE)

The IFIM Advantage:

Truly International

IFIM Business School has tie-ups with leading B-Schools and Universities across the globe in countries like USA, Australia, France, Germany, UK, Singapore, etc. for student exchanges and immersions, exposing our students to best practices across the world.

Flexible Curriculum Allows Personalization

IFIM is the only institution with a completely flexible PGDM program that empowers the students to create their own learning paths to fit their career aspirations. Patterned on leading international B-schools, the program has been well appreciated by the corporates.

Professional Tie-ups

IFIM has tie-ups with professional organizations like CFA Institute of USA, NASSCOM, NSE, Toast Masters International, NEN, LEDMAC, National HRD Network, EDII, etc. allowing our students to regularly interact with corporate who’s-who and get exposed to cutting-edge topics that impact business environment.

Extensive Industry Internship Program (IIP)

IFIM has a unique corporate internship program (with double the standard summer internship) enabling a ‘laboratory experience’ for the students to ‘learn by doing’, in a real corporate work environment. In fact, several corporates have sponsored labs in the campus to train students from day one, including IBM Business Analytics lab, Prabhudas Lilladher Finance lab and Bloomberg Trading Terminals, etc.

Dual Mentorship Program

IFIM Business School provides an enriching corporate and faculty mentorship programme for all students to enable them to choose their career path and motivate them to achieve 200% of what they think they are capable of.

International Research Publication by Students

IFIM takes pride in being the first Business School where each student is expected to author original research publication based on the research projects that they conduct, to be published in top international journals.

Social Immersion Program (SIP)

Social responsibility awareness is created by enabling students to design solutions for social problems through a Techno Economic Viability study and execution, thereby leading to sustainable and measurable positive social impact.

Eligibility:

Candidates are required to have a bachelor's degree from a recognized university with a minimum aggregate of 50% for all subjects taken together (45% for SC/ST candidates).

Must have qualified in one of the national level management entrance examinations, viz., CAT, XAT or GMAT.

Important Dates for PG Admissions – 2018:

Particulars Date(s)
Online Application form Apply Online
Admission Selection Process in Bengaluru December 18,2017
Last date to submit form January 31, 2018
Classes commences on July, 2018

Application Process:

  • All short-listed candidates are required to appear for the selection process, which includes:
    - Essay Writing
    - Personal Interview
  • All candidates will be communicated through their registered email IDs only.

Note: Management reserves right to add new centers for conducting selection process based on the availability of candidates. No regret letters will be sent to the candidates who fail to qualify. Under normal circumstances fees once paid will not be refunded even in the case of a student’s failure/termination or withdrawal from the program. Delayed payment will attract penalty. All costs associated with the International Exchange Programs such as travel, boarding, lodging, insurance, tuition fee (if applicable), and the related expenses will be additional and shall be borne by the student.

For Admissions Contact

Ms. Surekha Shetty
Director - Student Services
Mob : 99000 67706
E-mail : [email protected]

Mr. Balaji GM
Senior Manager - Admissions
Mob : 99000 67702/04/08
E-mail : [email protected]

Scholarships @ IFIM

IFIM Business School announces merit scholarships for the PGDM, PGDM (Finance), PGDM (IB) Batch 2018-20.

The objective is to identify meritorious talent who will be offered merit scholarship for pursuing a two-year, full-time Post Graduate Diploma in Management (PGDM) at IFIM Business School, Bangalore. Scholarships in the form of a fee waiver will be offered to meritorious students, who have appeared for CAT or GMAT according to the eligibility criteria mentioned below.

Terms and Conditions

  • Students applying for Sports Scholarship should have represented at a National/International level sports or at a level recognized by the International Olympic Committee/Cricket. The date on the certificate of participation should be within two years from the date of the scholarship application. Students applying for Cultural Scholarship should have demonstrated excellence and innovation in any aspect of art and culture, or presented their talent at a National/International level.
  • Kanya Shakti scholarship is applicable to women candidates who have demonstrated creativity and innovation, excellence in any field.
  • Students may apply for multiple categories of scholarships. If the first preference category intake is filled, students will be considered for the subsequent category. However, individual students can ONLY be awarded one category or type of scholarship.
  • A student is eligible to receive only one scholarship during the course of study. If a student receives external scholarship during the study, scholarship awarded would be withdrawn.
  • The scholarship Committee will decide the final merit list for awarding of scholarships based on the candidate’s performance in the Personal Interview as well as based on the academic and professional profile. Decision of the committee will be final and binding.
  • The scholarship merit list will be generated by using the merit cum need criterion. Scholarships will only be first provided to those who annual family income is less than 18 lacs.


The scholarships will be spread across following categories:

SUPER SCHOLAR

  • Quantum of Scholarship: (50% Tuition Fee Waiver).
  • Number of Scholarships offered: 10
  • The student should have scored a 90 percentile and above in CAT or 750 and above in GMAT.
  • A minimum of 70% aggregate in Degree, 10th and 10+2 or an equivalent examination and should have also passed the examination in the first attempt.
  • The student should have applied to IFIM Business School and as well as have obtained a valid offer for admission from the institution. The student needs to have applied for Scholarship at the time of application. Preference will be given to economically challenged applicants.

ACADEMIC EXCELLENCE

  • Quantum of Scholarship: (30% Tuition Fee Waiver).
  • Number of Scholarships offered: 10
  • The student should have scored an 80 percentile and above in CAT or 700 and above in GMAT.
  • A minimum of 70% aggregate in the Degree, 10th and 10+2 or equivalent examination and should have also passed the examination in the first attempt.
  • The student should have applied to IFIM Business School and as well as have obtained a valid offer for admission from the institution. The student needs to have applied for Scholarship at the time of application. Preference will be given to economically challenged applicants.

SPORTS/ CULTURAL

  • Quantum of Scholarship: (25% Tuition Fee Waiver).
  • Number of Scholarships offered: 4
  • The student should have represented at a National/International level in sports or at a level recognized by the International Olympic Committee/Cricket. The date on the certificate of participation should be within two years from the date of the scholarship application.
  • Alternatively, the student should have demonstrated excellence and innovation in any aspect of art and culture, or presented their talent at a National/International level
  • The student should have scored 70 percentile and above in CAT or 650 and above in GMAT.
  • A minimum of 60% aggregate in the Degree, 10th and 10+2 or equivalent examination and should have also passed the examination in the first attempt.
  • The student should have applied to IFIM Business School and as well as have obtained a valid offer for admission from the institution. The student needs to have applied for Scholarship at the time of application. Preference will be given to economically challenged applicants.

KANYA SHAKTI

  • Quantum of Scholarship: (25% Tuition Fee Waiver).
  • Number of Scholarships offered: 15
  • This scholarship is applicable to women candidates only, who have demonstrated creativity and innovation, excellence in any field or financial hardships/ need-based.
  • The student should have scored 70 percentile and above in CAT or 650 and above in GMAT.
  • A minimum of 70% aggregate in the Degree,10th and 10+2 or equivalent examination and should have also passed the examination in the first attempt.
  • The student should have applied to IFIM Business School and as well as have obtained a valid offer for admission from the institution. The student needs to have applied for Scholarship at the time of application. Preference will be given to economically challenged applicants.

IFIM ALUMNI ASSOCIATION SCHOLARSHIP

  • Quantum of Scholarship: (9% Tuition Fee Waiver).
  • Number of Scholarships offered: 11
  • This scholarship is a need/ merit based scholarship for deserving candidates who have demonstrated creativity and innovation, excellence in any field or financial hardships
  • The student should have scored 70 percentile and above in CAT or 650 and above in GMAT.
  • A minimum of 70% aggregate in the Degree,10th and 10+2 or equivalent examination and should have also passed the examination in the first attempt.
  • The student should have applied to IFIM Business School and as well as have obtained a valid offer for admission from the institution. The student needs to have applied for Scholarship at the time of application. Preference will be given to economically challenged applicants. The IFIM Alumni Association will do the final selection for IFIM Alumni Association Scholarship

CAPITAL FIRST SCHOLARSHIP

  • This is an industry-supported scholarship part of Capital First CSR initiative- Capital First Scholarship Program.
  • It is an effort to extend scholarship to students who require financial support in pursuing their MBA/PGDM from prestigious institutions
  • Capital First provides scholarship worth Rs 2,00,000/- per student

How to apply: To be eligible, interested candidates need to apply in the prescribed format and need to submit all the relevant documents to prove their credentials on or before appearing for the Personal Interview to be eligible.

The scholarship Committee will decide the final merit list for awarding of scholarships based on the candidate’s performance in the Personal Interview as well as based on the academic and professional profile. Decision of the committee will be final and binding.

Note: If suitable candidates are not found in any of the category, Scholarship Committee is free to choose deserving candidates from any other category or choose not offer any scholarship. For more information please call 9900022494, 9900067702/4/6/8 or email [email protected]

Education Loans

IFIM has tied up with the following banks for providing education loans for their programs.

Education Loan Schemes of SBI & Public Sector Banks
Eligibility Students who have secured admission in Institutions approved as per www.ugc.ac.in / www.aicte.org.in / www.education.nic.in
Quantum of Loan Need based finance subject to repaying capacity of the parents/students upon employment : Range 15-20 Lac
Security for Loan  
For loan up to INR 4.00 lac Parent/ Guardian as co-borrower;
For loan above INR 4.00 lac & up to INR 7.50 Lac: Parent/Guardian as co-borrower and Collateral security in the form of suitable third party guarantee. Third Party Guarantee can be replaced with Parent/Guardian as co-borrower provided the Gross Annual Income of Parent/Guardian (co-borrower) as given in latest Income Tax Return is 3 times of the loan amount.
For loan above INR 7.50 lac Parent/Guardian as co-borrower and tangible collateral security
Margin (Own Contribution)  
For loan up to INR 4.00 lac As per the bank rules and regulations
For loan above INR 4.00 lac & up to INR 7.50 lac As per the bank rules and regulations
For loan above INR 7.50 lac As per the bank rules and regulations
Repayment Loan is repayable after Repayment Holiday/Moratorium which is “Course Period + 1 year” or “6 months after getting job”, whichever is earlier.

Loans up to INR 7.50 Lac to be repaid within a maximum period of 10 years.

Loans above INR 7.50 Lac within a maximum period of 15 years after commencement of repayment period.
Documents Required for availing the loan.
  • Completed Education Loan Application Form.
  • Mark sheets of last qualifying examination.
  • Proof of admission scholarship, studentship etc.
  • Schedule of expenses for the specified course.
  • 2 passport size photographs.
  • PAN Card of the student and the Parent/Guardian.
  • Borrower's Bank account statement for the last six months.
  • Income tax Returns/IT assessment order, of last 2 yrs (If IT Payee).
  • Brief statement of assets and liabilities, of the parents/Co-borrower.
  • Proof of Income (i.e. Salary slips/Form 16 etc. if applicable) of the parents/Co borrower.
Application of Interest Simple interest during moratorium period. Service interest during moratorium period regularly and avail a special discount of 1.00% in interest rate.
Delivery Channel : The loans are generally processed by the specialized Retail Banking Branches. The Students must approach the bank near their place of permanent residence/where they have long term banking dealings. These branches will recommend their names to the specialized branches.
Online application facility. Most of the Banks have Online application facility.
Value added Service Some Banks offer FREE Debit Card
Insurance Group Life Insurance Cover to the extent of loan liability for entire repayment period is available.
Others
  • The parent/guardian would become co-borrower with the student.
  • Education Loan would be sanctioned preferably through branches/RBBs/CRBBs nearest to the place of residence of parents.
  • Second time education loan is available for higher studies/escalation of cost.
Expenses Generally Considered for Loan
  • Fee payable to College/School/Hostel.
  • Examination/Library/Laboratory
  • Fee. Purchase of Books/Equipments/Instruments/Uniforms Purchase of Computers essential for completion of the course at reasonable cost.
  • Caution Deposit/Building Fund/Refundable Deposit supported by Bills/Receipts of the Institution, subject to the conditions that amount does not exceed 10% of the total tuition fees for the entire course.
  • Insurance premium for student borrower.
  • Any other expenses required to complete the course, such as- Study Tours, Project Work, and Thesis etc. Reimbursement of the fee paid at the time of counseling if applied within 60 days from the date of such payment.
General Instructions for Students/Parents/ Guardians
  • Education Loan would be sanctioned through branches of banks nearest to the place of residence of parents. These will not be sanctioned by any bank on behalf of the institute.
  • Banks have a policy to give education loans as per RBI & Government guidelines. But sanction of the loans depends upon the discretion of the Branch Manager of the bank. Students/parents/guardians may find that sometimes the local branch managers are reticent in giving loans. This attitude may be based on their past experience with students who have not repaid their loans in time. The applicant may ensure that they put up credentials of their genuine intentions and background to win the confidence of the Branch Managers.
  • Banks generally take 2-3 weeks to process & sanction education loans.
  • The applicant may keep its documents ready to reduce the period involved.
  • Banks may under take background check of the applicant by local enquiries/from Credit Information Bureau of India (CIBIL). The credit history of the residents is captured by CIBIL. Defaults made by the residents in their bank loan repayments and defaults in utility bill payments mean adverse CIBIL reports.
  • Applicant must ensure that he/she has clean CIBIL report.

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