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.


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

Post Graduate Diploma in Management in Marketing (PGDM- Marketing)
(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)


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.

Admissions Calendar - PGDM 2019-21

SL.No. Activity Phase I Phase II Scholarship Specific
Interview Date(s)
Interview Date(s)
1. Applications Open
Thursday, September 6, 2018; 00:00hrs
Friday, November 30, 2018; 00:00 hrs
  Thursday, November 1, 2018
2. Applications Close
Wednesday, November 28, 2018; 23:59 hrs
Friday, January 11, 2019; 23:59 hrs
  Friday, January 11, 2019
3. IP–GE–PI[3] Admit Card/Call Letter Download/Sent
Monday, December 3, 2018
Wednesday, January 16, 2019
  Wednesday, January 16, 2019
4. IP–GE–PI Process Begins
Saturday, December 15, 2018

Monday, December 17, 2018 (Bengaluru)

Monday, January 21, 2019
Dates will be announced shortly Friday, January 18, 2019
5. IP–GE–PI Process Closes
Monday, December 17, 2018
Monday, February 4, 2019
Saturday, January 19, 2019
6. Result Declaration
Wednesday, December 19, 2018
Wednesday, February 6, 2019
  Wednesday, January 23, 2019
7. Provisional Admission Offer Letter to be sent
Wednesday, December 19, 2018
Wednesday, February 6, 2019
  Wednesday, January 23, 2019
8. Offer Acceptance with Confirmation Fee
Saturday, December 22, 2018
Saturday, February 9, 2019
  Friday, January 25, 2019
9. Waitlist movement (if any)

Monday, May 6 – Friday, May 17, 2019

10. Registration and Programme Commencement

July 2019

Note: [1] IP–GE–PI is an abbreviation for Innovation Potential, Group Excerise and Personal Interview – the new selection process for the two-year, full-time, residential, AICTE approved and AACSB accredited Post Graduate Diploma in Management programme of IFIM Business School, Bengaluru.

Selection Process:

IFIM looks at innovation potential, solution orientation and value fit of the candidates, besides their consistent academic performance and work experience for admission into its flagship PGDM program. The selection process for the two-year full-time Post Graduate Diploma in Management (PGDM) programme of IFIM Business School, Bangalore comprises the following components:

  • Innovation Potential Test (IPT)
    A 30 minute in-class test for assessing the innovation potential of the candidate. The test can have multiple choice as well as descriptive questions.
  • Group Exercise (GE)
    A 30-minute indoor group exercise in groups of six to eight candidates each for assessing the solution orientation of the candidates.
  • Personal Interview (PI)
    A 30-minute personal interview for assessing the value fit of the candidate with the institute. The interview panel will have 3 panellists.
  • Academic Track Record
    IFIM believes in consistency of excellence. IFIM candidates are desired to have demonstrated consistently high standards of academic performance right from their tenth standard.
  • Work Experience (if any)
    IFIM encourages candidates with appropriate work experience to create a stimulating learning environment in the classroom.

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 :

Mr. Balaji GM
Assistant Vice President - PG Programs in Admissions
Mob : 99000 67702/04/08
E-mail :

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.

Scholarships 2019

IFIM Business School announces merit scholarships for the 2019-21 batch of its two-year, full-time, residential, AICTE approved and AACSB accredited Post Graduate Diploma in Management (PGDM) programmes.

The objective is to identify/invite meritorious talent and offer them merit scholarships for pursuing PGDM at IFIM Business School, Bangalore. Scholarships in the form of a tuition fee waiver, will be offered to meritorious students, who have appeared for CAT and/or GMAT and fulfil the eligibility criteria mentioned below: 

Terms and Conditions

  • A total of 50 scholarships will be offered, as denoted in the table above.
  • 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 Board. The date on the certificate of participation should be within the previous three 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, innovation, and 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 scholarship.
  • A student is eligible to receive only one scholarship during the course of study. If a student receives an external scholarship during the study, the 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 selection process and fulfilment of the eligibility criteria. Those studying in the final year of their bachelor’s degree programme will be granted provisional scholarship, subject to the fulfilment of the eligibility criteria. The 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 30 lacs per annum.

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 as per the timeline provided in the Admissions Calendar. 


If suitable candidates are not found in any of the categories mentioned above, the Scholarship Committee is free to choose deserving candidates from any other category or choose not to offer any scholarship.

For more information please call 9900022494, 9900067702/4/6/8 or email

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 / /
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.
  • 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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