FAQs - IFMR

Frequently Asked Questions

Graduates with consistent academic record (any discipline) are eligible to apply. Candidates pursuing final year degree can also apply. Applicants must also submit scores of one (or more) of the following standardized exams: CAT 2015 / XAT 2016 / GMAT & GRE (taken in the last three years). Kindly note that only Indian Nationals and NRIs are eligible for admission.
The selection Process would be held in Ahmedabad, Bangalore, Bhubaneswar, Bhopal, Chennai, Coimbatore, Delhi, Hyderabad, Jaipur, Kochi, Kolkata, Lucknow, Mumbai, Patna and Ranchi (subject to sufficient number of applications)
IFMR will admit 180 students.
Work experience is desirable but not mandatory
While CAT/XAT scores are an integral part of the admission process, they are not the sole criteria for admission. The admission committee will also consider the applicant’s past academic performance, entrance test scores and performance in Personal Interview. For those who are multiple scores, the best would be considered.
No. IFMR doesn’t have any sectional cut offs.
The list will be released by first week of March 2016. Selection process would begin from March 20, 2016
The program is Postgraduate Diploma in Management (PGDM). Following are the specializations: a) Finance b) Marketing c) Information Systems and Operations d) Human Resources e) Financial Engineering f) Strategy and General Management g) BFSI h) Data Sciences (i.e. Business Analytics) However, the PG Diploma finally awarded by IFMR would not indicate any area of specialization.
No. We do not have any quota system. Admission is purely on merit basis only.
Yes. The course is approved by AICTE.
At IFMR, the students get a unique learning experience which prepares them for life. It is because of the experienced faculty who train corporate executives, do research continuously and offer consulting solutions to real life problems of the industry. Almost every faculty has a PhD degree and more than half the faculty has PhD from well known US universities. All teaching is research based and therefore very current. The students get exposed to a wide variety of visiting faculty from abroad. Besides this, all students get an excellent exposure to the practical side of finance as well as theoretical side of finance. So, well armed with the financial frameworks, knowledge and skill of finance practice, students are well prepared to be independent and always are on the lookout for multiple streams of revenue like trading and investment. Students are exposed to multiple disciplines of finance, marketing, IT & Operations and Human resources, with emphasis on applications across industries, government and the social sector. This prepares the students to multiple career tracks like corporate sector, development sector and social sector.
IFMR has set up dedicated research centers which focus on researching current issues of finance, development, SME, governance and infrastructure across multiple management disciplines. Many of these research centers are driven by world famous faculty from US and other parts of the world. Besides this, IFMR students interact with IFMR Trust, which actually practices many of the concepts evolved through academic research. Students get a very practical exposure along with theory.
Hindustan Unilever Limited (HUL) T. Thomas Scholarship award of Rs.1.00 lac for the best outgoing student of the PGDM program. Merit Scholarship: Based on academic performance during the first year in IFMR top 5% of the class will be given scholarships. Merit-cum-Means-Scholarship: Students who have availed a loan and have a family income of less than Rs.9 Lakhs per annum.
Yes. IFMR has a 100% placement record since inception. Our alumni are well-placed in leadings firms across various sectors such as Investment Banking, IT, Insurance, Manufacturing, SCM, FMCG & Microfinance. The organizations include Accenture, Amba Research, Bank of America, Cap Gemini, Credit Suisse, CTS, Deloitte, FINO, Genpact, HCL, HDFC Bank, HSBC, ICICI Bank, i-Nautix, Infosys, Irevna, ITC, JP Morgan, L&T Nomura, Novartis, SBI Caps, Shell, Syntel, TCS, Vedanta, Wipro, etc. (more details are available under Placement link)
The applicant is expected to provide the name and details of two references. Kindly note that if required IFMR may contact the reference person for more details.
IFMR facilitates students to avail educational loans from leading banks / financial institutions.
The Institute is 40+ years old and the PGDM program is fifteen years old. IFMR is an academic institution with a history of over four decades of research, consulting, training and management education.
Candidates meeting the eligibility criteria can apply to IFMR only by visiting www.ifmr.ac.in and make a payment of Rs.1,500/- through Debit Card / Credit Card / Internet Banking, after which you can fill in the application form and submit online.
The total fee is Rs.12.00 lakhs for the two years. The fee covers tuition, a laptop, books & materials, library membership, examination fee, IT charges and the Institute’s formalwear. a) Admission cum first installment fee Rs. 3,15,000/- [with the refundable caution deposit of Rs.15,000/- at the time of admission - April 2016] b) Second installment fee during November 2016 Rs. 5,15,000/- [with the refundable caution deposit of Rs.15,000/-] c) Third & final installment - June 2017 Rs. 4,00,000/- Living expenses will be extra and it is estimated that the boarding & lodging would be approximately Rs.1,00,000/- per annum.
IFMR is consistently ranked high among all B-Schools. CRISIL IFMR is rated A** (national level) and A*** (State level) National HRD Network has 27th Rank CSR-GHRDC has ranked IFMR 9th under Super Excellence B-School Survey 2015 IFMR is ranked 8th in the Top 100 B-Schools in India 2015 Survey conducted by Career360
IFMR has built a world class campus spread over 40 acres in Sri City, 70 km from Chennai. Sri City is located strategically along National Highway-5 on the border of two industrialized States, Andhra Pradesh and Tamil Nadu. It is India\'s fastest growing integrated Business City spread over 8000 acres, with a multi-product Special Economic Zone (SEZ), Domestic Tariff Zone (DTZ), Institutional and Lifestyle zones, master planned and designed to figure in any select list of Asia\'s top five Business Cities. IFMR\'s new campus is an academic Centre of Excellence in the midst of global organizations setting up world class manufacturing plants in Sri City to cater to Indian and export markets. These include Alstom, Kobelco, Danielli, Colgate, Cadburys, Pepsico, Kellogs, Isuzu Motors, and a large number of Japanese, American and European corporations. The Institute has a built-up area of 300,000 sq. ft. that covers the fully air conditioned main academic block, consisting of classrooms, computer labs, seminar halls, faculty cabins, library, meeting rooms, finance and accounts sections, placement cells, residential hostels, a cafeteria with dine-in services, faculty and staff housing and a Management Development Centre residence. The campus has been designed to give easy access to the physically challenged. Hostel rooms are equipped with attached baths, occupied on a twin-sharing basis. Separate gym for boys and girls and indoor games [table tennis, etc] is available. Facilities are provided for playing cricket, football, volley ball courts, and more will help students unwind and relax after hours of lectures. An open air auditorium and more recreation facilities have also been set up. A beautiful water body, a walkway and enough greenery makes the campus aesthetically and physically soothing. The entire campus is Wi-fi enabled. Complete security and safety are built in as basic requirements. It is planned to make the campus as not only a higher education institution but also as a vibrant human system.
Yes. There is an IOB ATM within the campus. Additionally, there is a SBI ATM in the Sri City Business Centre. There are few ATMS located in Tada.
Yes. There is a full-fledged general store inside the campus, where you can get all the daily necessities.
Yes. There are washing machines available in the hostels. Additionally, a laundry person is available who washes and irons cloths at a nominal charge.
Medical officer appointed by the Institute will visit twice a week on Saturday and Sunday. In case of emergencies the Institute will arrange for the visit of doctors on other days too. Alternatively, the facility of Frontline Hospital at Sri City will be used.
Yes. It is mandatory to stay in the hostel.
You can visit the campus on any day, anytime by sending a mail in advance to pgdm@ifmr.ac.in mentioning your date and time of arrival.
By Driving ? From Chennai International Airport – The Institute is at a driving distance of 85 km – about 1 hour 45 mins from Chennai International Airport. ? From Tirupathi International Airport – The Institute is at a driving distance of 75 km – about 1 hour 30 mins from Tirupathi International Airport. ? From Chennai Central Railway Station - The Institute is at a driving distance of 70 km – about 1 hour 30 mins from Chennai Central Railway Station. ? From Sullurpeta Railway Station - The Institute is at a driving distance of 22 km – about 20 mins from Sullurpeta Railway Station. ? From Tada Railway Station - The Institute is at a driving distance of 9 km – about 10 mins from Tada Railway Station. By Buses ? From Koyambedu Bus Station (CMBT -Chennai Mofussil Bus Terminus) – The Institute is at a distance of 56 Kms. We have plenty of buses to Tada from Koyambedu Bus Station. All the buses running to Kalahasthi, Naidupet, Nellore which has a stopover at Tada, which would cost around Rs.50/- By Trains ? Tada: From Chennai Central the closest Railway Station to Sri City is Tada. There are local trains running almost every hour to and from Chennai Central to Tada Railway Station. Travel time by Chennai Local Train to Tada is 1.45 minutes. Schedule of Daily Trains from Chennai Central to TADA: http://indiarailinfo.com/search/chennai-central-mas-to-tada-tada/35/0/6646 Schedule of Daily Trains from TADA to Chennai Central: http://indiarailinfo.com/search/tada-tada-to-chennai-central-mas/6646/0/35
Candidates will have to appear for a Written Test/Interview to be conducted at a date to be notified later.
he objective of the Ph.D programme at IFMR is to train young scholars so as to enable them to make a difference in academic research and in the corporate sector.
You will be offered stipend for a period upto 4 years. Rs 35,000/month during the first two years Rs 40,000/month during the third year Rs 45,000/month during the fourth year Ph.D students will also be provided a laptop upon admission.
Download the Phd Brochure and Application 2016 here. Filled in applications, along with copies of mark sheets of all the examinations, degree certificates and other credentials should be sent to: The Registrar 24, Kothari Road, Nungambakkam, Chennai, E-Mail: phdenq@ifmr.ac.in
We offer a range of programs that covers, but is not limited to the following subjects and functions: Finance
Financial Analytics
Economics
Marketing & Strategy
People – Human Resources
Operations
Banking
Aswin Kumar Management Development Programs aswin.v@ifmr.ac.in