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:
- Visit Admission Portal
- Choose relevant program and fill the online application form
- Upload required documents
- Pay application fee online
- Appear for counseling/interviews if applicable
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
- 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. - Q: Does IFIM offer scholarships?
A: Yes, IFIM offers merit-based and need-based scholarships as well as government scholarships for reserved categories. - Q: Are hostel facilities available on campus?
A: Yes, separate hostels with mess facilities are available for both boys and girls. - Q: What is the duration of the BBA program?
A: The BBA program is a full-time 3-year undergraduate course. - Q: How can I apply for courses at IFIM?
A: Applications can be submitted online via the official admissions portal. - 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. - Q: Are there any entrance exams required for undergraduate admissions?
A: UG admissions are generally merit-based; no specific entrance exam required. - Q: Where can I find the official fee structure?
A: Fee details are available on the official fee and scholarships page. - Q: Is IFIM Bangalore NAAC accredited?
A: Yes, IFIM holds an 'A' grade accreditation from NAAC as of 2022. - 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
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