Institute of Finance & International Management
Management InstitutesManagement InstitutesKarnataka
Location:

Bangalore, Karnataka , India, Karnataka

Type:

Management Institutes

Phone:

080-6713172

Email:

ifimbw@blr.vsnl.net.in

About Institute of Finance & International Management

Overview

  • Official Name: Institute of Finance & International Management, Bangalore
  • Commonly Known As: IFIM Bangalore
  • Type: Private University (Deemed-to-be University since 2018)
  • Year Established: 1995
  • Campus Location: Bangalore, Karnataka, India
  • Approvals & Affiliations: UGC Recognized; NAAC Accredited with Grade 'A' in 2022; Approved by AICTE for management programs
  • Official Website: https://www.ifim.edu.in

Quick Facts

  • Founder: Mr. Mallika Srinivasan (Chairperson, IFIM)
  • Chancellor: Dr. Tony Mathur
  • Vice Chancellor: Not available on official sources as of 2024-06-01
  • Approximate Student Population: Around 1500+ (UG & PG management programs)
  • Departments/Faculties: School of Business, School of IT, School of Data Science
  • Contact: Phone: +91-80-6132 6132, Email: admissions@ifim.edu.in, Address: 46th & 47th Miles, Hosur Road, Electronics City, Bangalore - 560100, Karnataka, India
  • NAAC Grade: A (2022)Source
  • Ranking: Featured in NIRF Management Ranking 2023 (Rank Band: 76-100)NIRF 2023

Courses & Programs

  • Management Faculty:
    • Popular courses: BBA, MBA, PGDM, PhD in Management
    • Duration: UG - 3 years; PG - 2 years; PhD - Typical 3-5 years
    • Mode: Regular Full-time
    • Intake: BBA approx. 180; MBA approx. 180 (varies by year)
  • Information Technology & Data Science:
    • Popular courses: BSc in Data Science, PG Diploma in Data Analytics
    • Duration: UG - 3 years; Diploma - 1 year
    • Mode: Regular Full-time
    • Intake: Not specified on official sources

Admissions

  • Admission Modes: Based on national level entrance exams and institute-specific selection
  • Accepted Entrance Exams: CAT, MAT, CMAT, XAT for MBA/PGDM admissions; Merit-based for UG programs
  • Admission Timeline: Applications usually open in March-April for the academic year starting July-August. Detailed timeline at IFIM Admissions Page.
  • Application Process:
    1. Visit Admission Portal
    2. Choose relevant program and fill the online application form
    3. Upload required documents
    4. Pay application fee online
    5. Appear for counseling/interviews if applicable
    Offline applications: Not indicated on official portal

Eligibility Criteria

  • Undergraduate Programs: Passed 10+2 examination or equivalent with minimum 50% aggregate marks (45% for reserved categories)
  • Postgraduate Programs: Bachelor’s degree in any discipline with minimum 50% marks; valid entrance test score (CAT/MAT/CMAT/XAT)
  • PhD Programs: Master’s degree with minimum 55% marks; cleared relevant entrance and interview
  • Documents Required:
    • 10th and 12th marksheets
    • Graduation mark sheet and degree certificate
    • Entrance exam scorecard
    • ID proof (Aadhaar/PAN/Passport)
    • Passport size photographs

Fee Structure & Scholarships

  • Indicative Fees:
    • BBA: ₹1,80,000 to ₹2,00,000 per year
    • MBA/PGDM: ₹3,00,000 to ₹3,50,000 per year
    • Other fees: Hostel approx. ₹60,000–₹80,000 per annum; Examination & Registration fees as applicable
  • Scholarships & Financial Aid: Merit-based scholarships, SC/ST/OBC/EWS reservations as per government norms, institute-specific need-based scholarships
  • More details available on IFIM Scholarships

Placements & Career Outcomes

  • Placement Highlights: Average placement rate 85-90%; average CTC ₹6-8 LPA; highest package up to ₹15 LPA (management programs)
  • Top Recruiters: Deloitte, Cognizant, Wipro, IBM, Accenture, KPMG
  • Placement Cell: Dedicated career services team with internship and placement assistance, contact: placements@ifim.edu.in

Campus & Facilities

  • Hostels: Separate boys and girls hostels with mess facilities on-campus
  • Sports: Facilities for cricket, basketball, football, badminton, indoor games
  • Labs & Libraries: Well-equipped computer labs, dedicated management library with digital resources
  • Healthcare: On-campus medical assistance and tie-ups with hospitals
  • Transport: Shuttle services connecting city and campus
  • Wi-Fi: Campus-wide high-speed Wi-Fi
  • Research Centres & Student Clubs: Active clubs including entrepreneurship cell, cultural and technical societies, annual festivals such as Verve

Faculty & Research

  • Notable Faculty: Experienced academicians and industry experts; specific names not listed on official portal
  • Research Centres: IFIM Research Centre focusing on finance, marketing, strategy, and international business
  • Grants/MoUs: Collaborations with international universities and corporate partners; details at Research & Collaboration

Rankings & Reputation

  • NIRF 2023: Ranked in Management Band 76-100 (source)
  • NAAC Accreditation: Grade A (2022) (source)
  • QS India, India Today, Outlook rankings: Not available officially as of 2024-06-01

Results, Cut-Offs & Seat Matrix

  • Results: Published online on official portal under "Notice Board" and "Examination" sections here
  • Seat Matrix: Approx. 180 seats for BBA and MBA programs
  • Typical Cut-Offs: For MBA via CAT: General category 70 percentile+, OBC/SC/ST as per govt. relaxation; for BBA, Merit-based - minimum 50% in 12th standard

How to Reach

  • Nearest Airport: Kempegowda International Airport, Bangalore (approx. 50 km)
  • Nearest Railway Station: Bangalore City Railway Station (approx. 20 km)
  • City Connectivity: Well connected by BMTC buses and private taxis to Electronics City where the campus is located
  • Local Transit: Available BMTC buses, app-based cabs (Ola, Uber), auto-rickshaws

FAQs

  1. Q: What is the mode of admission for MBA at IFIM Bangalore?
    A: Admission is through national level entrance exams like CAT, MAT, CMAT, and XAT followed by group discussion and personal interview.
  2. Q: Does IFIM offer scholarships?
    A: Yes, IFIM offers merit-based and need-based scholarships as well as government scholarships for reserved categories.
  3. Q: Are hostel facilities available on campus?
    A: Yes, separate hostels with mess facilities are available for both boys and girls.
  4. Q: What is the duration of the BBA program?
    A: The BBA program is a full-time 3-year undergraduate course.
  5. Q: How can I apply for courses at IFIM?
    A: Applications can be submitted online via the official admissions portal.
  6. Q: What is the typical placement package for MBA graduates?
    A: Average package ranges from ₹6 to ₹8 LPA, with highest packages crossing ₹15 LPA.
  7. Q: Are there any entrance exams required for undergraduate admissions?
    A: UG admissions are generally merit-based; no specific entrance exam required.
  8. Q: Where can I find the official fee structure?
    A: Fee details are available on the official fee and scholarships page.
  9. Q: Is IFIM Bangalore NAAC accredited?
    A: Yes, IFIM holds an 'A' grade accreditation from NAAC as of 2022.
  10. Q: What are the contact details for the admissions office?
    A: Phone: +91-80-6132 6132, Email: admissions@ifim.edu.in
About Institute of Finance & International Management

Institute of Finance & International Management