IFMR, Chennai was promoted in 1970 as a non-profit organization by ICICI, the House of Kotharis and other major industrial groups. Recognized as a social science institute by the Department of Scientific and Industrial Research, Government of India, IFMR has been approved as an Institution of National Importance by the Ministry of Finance.
It is a leading business school with strengths in research, teaching and consulting. Recently, the institute opened a world class trading floor set up in collaboration with NCDEX Institute of Commodity Markets and Research. The programmes focus on the five I’s—internationalization, interpersonal skills, integrated perspective, information technology integration and integrity.
IFMR graduates get placed in leading companies with promising career opportunities.
The IFMR campus is wi-fi enabled and all the classrooms are air conditioned and equipped with audio-visual aids. Spread over 4000 sq ft, the library features a huge collection of books, magazines, journals and CD-ROMS.
The institute hosts several study halls with a seating capacity of 80-120. There are different clubs in IFMR to promote the holistic growth of the students; such as finance club, cultural club, IT club, debating club and entrepreneurship club. Other facilities include trading floor, separate hostels for boys and girls, canteen and fitness clubs.
IFMR offers separate accommodation for boys and girls. The hostel has a built up area of nearly 24,000 sq ft and houses 17 air conditioned rooms, 2 spacious dining halls, kitchen with modern equipments and facilities for indoor games.
The institute offers postgraduate and doctoral programmes in various fields of business management:
Post Graduate Diploma in Management (PGDM)
Post Graduate Diploma in Management (Development and Sustainable Finance)
Post Graduate Diploma in Management (PGDM) (part time)
PhD in Management
Post Graduate Diploma in Finance Management (PGDFM)
For admission to PGDM and PGDM-D & SF, minimum qualification is first class in standard X, XII and graduation. Admissions are based on CAT, XAT and GMAT score followed by group discussions and personal interview.
For admission in PGDM-Part time course, candidates should have scored 50 percent aggregate marks in graduation and at least 2 years full time work experience in an organization. Candidates will need to appear for a written test conducted at the IFMR campus.
For admission to PGDFM, candidates should be graduates in mathematics, statistics, computer science, physics and engineering with a consistent first class in standard X, XII and graduation. Short-listed candidates will be called for a psychometric test, group discussion and personal interview.
For admission to Phd in Management, full time post graduation from a recognized university is required. Candidates should have obtained first class throughout. This course requires strong quantitative and computing skills. Short-listed candidates need to appear for a selection test.
Fees: Approximate annual fee is Rs.1,88,000. For other details candidates need to contact institute office.
IFMR is ranked No.23 in India’s Best B-School ranking 2012 by CNBC TV18 and No.9 among top B-schools in the area of Finance.