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)

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.
• CFA candidates who cleared their level 1 will be given preference during admission process into PGDM (Finance specialisation)

Admissions 2020-2022

PGDM 2020-22 Admission Selection Process Calendar (Cycle - I) -

IFIM Business School follows a rolling admission process. The ensuing application deadline and selection process dates are given below:

Program

Application Deadline

PGDM

31st December, 2019
Click Here to apply online

Date

City

Venue

Monday, January 06, 2020

Bangalore

IFIM Campus

Monday, January 13, 2020

Bangalore

IFIM Campus

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: [1] IP–GE–PI is an abbreviation for Innovation Potential, Group Exercise 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.

Note: Management reserves right to add new centres 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.

Contact

Ms. Surekha Shetty
Director - Student Services
E-mail : director.sso@ifim.edu.in

Mr. Balaji GM
Assistant Vice President - PG Programs
Mob: 99000 67702
E-mail : pgdm@ifimbschool.com

                       For Admissions Contact :+91 99000 67702/04/07/08

Program Architecture

The business school reviews its mission, general learning goals, associated learning objectives and its curriculum every 3 years. The school adopted this policy in the year 2001. The first curriculum rehash exercise was conducted in the same year and the outcomes of this exercise were versioned as 1.0 and were followed by the school for the last 3 years.

On completion of 3 years in 2016, the faculty reviewed the outcomes and reflected on their learnings from their experience of delivering curriculum 1.0. The faculty deliberation in conjunction with industry experts resulted in a new version of the curriculum architecture. Curriculum 2.0.

On completion of 3 years in 2019, the faculty reviewed the outcomes and reflected on their learnings from their experience of delivering curriculum 2.0. The faculty deliberation in conjunction with industry experts resulted in a new version of the curriculum architecture. Curriculum 3.0 with Industry 4.0.

Here is a snapshot of PGDM’s current program architecture:

Alps

The IFIM Advantage:

Global Super-specialisation Track in Futuristic Domains

The incoming batch of PGDM 2020-22 will have an option of pursuing a 10-credit super-specialisation in the futuristic domains (such as Big Data Analytics & Blockchain, Digital Business & Consumer Insights, Fintech, Artificial Intelligence & Robotic Process Automation, and Advanced Financial Analysis) at our international partner schools. A super-specialisation will comprise of three-weeks study and a project at the international partner school. This will be available to a participant subject to her/him meeting the eligibility criteria and subject to a minimum number of participants opting in for the same.

The following is the list of super-specialisations at offer along with their respective international partner schools:

Super-specialisation Partner School
Big Data Analytics and Blockchain McCombs School of Business at University of Texas at Austin
Martech Darden School of Business at University of Virginia
Financial Analysis and Technology Virginia Commonwealth University (VCU) School of Business
Digital Transformation and Robotic Process Automation ESCP London

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.

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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