Institute for Financial Management and Research (IFMR) in Chennai was established as a not-for-profit society in the year 1970, and it was sponsored by ICICI, the House of Kotharis and other major industrial groups.
It is a business school located at Sri City, in Andhra Pradesh, India, about 70 km from Chennai. Till 2016, IFMR offered a 2-year PGDM program which is accredited by AICTE.
IFMR is known for its policy-oriented research work in development economics and finance.
It is consistently ranked among the top B-Schools of the country and it has successfully created a niche in the management education.
Currently, IFMR offers full-time and part-time PGDM/MBA programmes, a Ph.D. programme as well as both customized and open management development programmes.
Highlights of IFMR, Sri City
Sri City, Andhra Pradesh, India
Selection is based on
Graduates from a recognized university with a full-time degree course
AICTE, New Delhi and University of Madras
SAQS (South Asian Quality Assurance System)
Name of Entrance
Entrance tests like CAT/CMAT/GRE/GMAT/XAT
Affiliations, Recognitions, and Achievement
Over its four-decade-long existence, IFMR institute has been recognized by different bodies:
The institution of Importance across India by the Government of India.
By the Department of Industrial and Scientific Research, Ministry of Science and Technology, Government of India as a Scientific and Industrial Research Organization (SIRO).
It is accredited with ‘South Asian Quality Assurance System’ (SAQS).
It has received an A** rating by CRISIL (All India) and A*** rating by CRISIL (Andhra Pradesh).
IFMR has affiliations with acclaimed international institutions like British Open University, MIT, London School of Economics, Yale, University of Michigan, Harvard, Columbia, Texas A&M; and Commonwealth Secretariat etc.
Benefits of Studying PGDM at IFMR
The PGDM curriculum at IFMR has been developed based on the following five is Internationalization, Interpersonal Skills, Integrated Perspective, ICT Integration, and Integrity.
The dedicated and multi-talented faculty at IFMR is the strength of this institute. It has 24 full-time faculties with the right mix of industrial exposure and academic experience.
Part-time faculty comprising Economists, Chartered & Cost Accountants, Statisticians, Graduates in Business Administration, experts in marketing, Engineers, strategy and project & infrastructure finance.
IFMR has established links with the industries like SANMAR, Polaris, Satyam, ICICI Bank, Murugappa Group, ITC, ABN AMRO, UCAL Fuel, TVS Group, Mahindra Holidays and Irevna apart from PSUs, GE Capital, Dun & Bradstreet, and State and Central Governments which benefits students for their placements.
IFMR offers state-of-the-art infrastructure for its students and staff.
IFMR’s H.T Parekh Library has been recognized as a Depository Library for WTO Secretariat, World Bank etc. Many B-Schools and other colleges recommend this library as a reference library. Members of the library also include Corporates and Academics.
The applicant must hold a bachelor’s degree in any discipline with a minimum aggregate of 50% marks for all subjects taken together (or 45% for SC/ST candidates)
Applicants who are currently in the final year of their graduation, awaiting results and are confident of securing a minimum of 50% aggregate marks may also apply. However, until then, they should have maintained an average of 50% marks in the degree course.
Apart from this, an applicant must also appear for an entrance exam like XAT or CAT.
Admission Procedure at IFMR
Before applying online at IFMR, candidates must have appeared for the XLRI's entrance test, XAT or CAT will also be considered.
The candidates who are eligible for the course as per the eligibility criteria can fill an application form online through forms.ifmr.ac.in which has an applicant friendly form upon completion of which you would require to make a payment of Rs.1,500/-
These scores in the entrance exam in addition to group discussion (GD) and personal interview (PI) will finalize the admission.
Courses Offered at IFMR
There are 2 different courses at IFMR.
FMR’s full-time MBA program is a 2-year course which provides quality management education with a strong foundation in Finance.
IFMR offers approximately 55 elective courses and 22 core courses during the two-year program, spanning 8 disciplines.
Financial Engineering, Financial Services, Banking, & Insurance (BFSI), and Data Sciences are the unique specializations offered.
IT and Operations, Human Resources and Marketing are some other specializations offered.
In affiliation with the University of Madras and IIT Madras, IFMR offers Ph.D. programs.
Disciplines offered for Ph.D. include Finance & Accounting, Economics, HR & OB, Strategy and Operations Management.
IFMR - Fee Structure 2019
Fee for the Complete Course
Executive - PGDM
Ranking and Reputation
Since the start of the PGDM course in the year 2000, IFMR is one of the best B – Schools in India.
For the year 2017, IFMR has been ranked 22nd best by the Hindu.
National Institutional Ranking Framework (NIRF) has ranked this institute as 34th best institute for management.
National Human Resource Development Network has given 27th rank to this institute.
In October 2017, ‘The Week’ has ranked IFMR as 41st top B-school.
Under the category of top B-schools in South India, it has been ranked as 9th top B-school.
Among all private B-schools in India, IFMR has ranked as 26th.
In October 2017, ‘Business Today’ has ranked this B-school at 50th position among the top B-schools.
Important Dates for MBA Admissions 2019 at IFMR
Early Decision Round
31 January 2019
15 February 2019
Release of Shortlist (for Selection Process)
1st/2nd week of Feb 2019
2nd week of March 2019
Selection Process Starts
2nd/3rd week of Feb 2019
4th week of March 2019
Announcement of Results
4th week of Feb 2019
1st week of April 2019
Program Starts on
1st June 2019 (tentative)
IFMR Placements for MBA Students
To do well in the placement, the institute is collaborated with some of the leading names of Australia.
Right from the time of Inception, the Training and placement cell became an active functional unit of the college. Since that time the college is taking efforts to train their students so that they can survive in the cut-throat competitive market.
For this, the college conducts some of the programs to help students, such as:-
2.On Job Training
4.Development of entrepreneurship
Every year, more than 100 students get recruited through the IFMR placements
Following is the salary statistics for the placements made for the year 2018:
Average Salary – 8 lakhs
Highest Salary – 12.5 lakhs
Top Recruiters that visit the campus of IFMR
Facilities available at IFMR
IFMR offers state-of-the-art infrastructure for its students and staff with a Wi-Fi campus with high bandwidth broadband connectivity.
IFMR has 3,00,000 sq.ft world-class campus in 40 acres of land.
The classrooms at IFMR are Multi-media enabled air-conditioned classrooms.
IFMR’s H.T Parekh Library has been recognized as a Depository Library for WTO Secretariat, World Bank etc. It is a reference library for many B-schools and colleges.
Students can get ATM and Bank facilities at the campus.
Over 17,500 books on various aspects of management studies are included in the H.T.Parekh library.
Additionally, the library boasts of over 105 International and Indian journals in print form and more than 4500 e-journals available through Online databases.
Hostel rooms on twin sharing basis with attached bath & geyser, launderettes, dedicated TV rooms, store for stationery, Mess, Indian fast food outlet, soft drinks, packed snacks, etc. are some of the other facilities provided at the college.
Library of IFMR
Admission Procedure Discssion at IFMR
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