Institute of Finance & Management
Management InstitutesManagement InstitutesUttar Pradesh
Location:
Lucknow, Uttar Pradesh, India, Uttar Pradesh
Type:
Management Institutes
Phone:
NA
Email:
NA
About Institute of Finance & Management
Overview
- Official Name: Institute of Finance & Management, Lucknow
- Common Short Names: IFM Lucknow
- Type: Private Institute
- Year Established: 2004
- Campus: Single campus located in Lucknow, Uttar Pradesh
- Approvals & Affiliations: Recognized by the University Grants Commission (UGC) (UGC List); NAAC grade not available as of 2024-06-01; affiliated with the state government and approved to offer various undergraduate and postgraduate programs.
- Official Website: https://ifmlko.edu.in/
Quick Facts
- Founder: Not explicitly listed on official site
- Chancellor/Principal: Dr. Nirmal Singh (Director - as per official website)
- Student Population: Approximately 1500+ students
- Departments/Faculties: Management, Finance, Commerce, Computer Applications
- Contact: Phone: +91-522-2628291, Email: info@ifmlko.edu.in
- Address: C-55/8, Sector-G, Aliganj, Lucknow, Uttar Pradesh - 226024
- NAAC Grade: Not available as of 2024-06
- Rankings: No NIRF or major national ranking found on official or government portals
Courses & Programs
- Faculty of Management & Commerce
- Courses: BBA, MBA, B.Com, M.Com
- Duration: UG - 3 years, PG - 2 years
- Mode: Regular (on-campus)
- Intake: Not explicitly stated on official source
- Faculty of Computer Applications
- Courses: BCA, MCA
- Duration: UG - 3 years, PG - 2 years
- Mode: Regular
- Intake: Not available
- Other Courses: Diploma and certificate courses in Finance and Taxation
Admissions
- Admission Modes: Merit-based admission on qualifying exam marks; management quota available
- Accepted Entrance Exams: No formal mention of JEE, NEET, GATE, or CUET; admissions primarily based on 12th class marks and university criteria
- Admission Timeline: Typically admissions occur in June-July every year (official admissions page)
- Application Process:
- Visit admissions page
- Download application form or fill online (if available)
- Submit required documents with application fee
- Wait for merit list and selection notification
- Complete admission formalities and fee payment
Eligibility Criteria
- Undergraduate Programs: 10+2 or equivalent examination passed from recognized board. Minimum 50% aggregate marks (relaxation as per category)
- Postgraduate Programs: Bachelor’s degree in relevant discipline with minimum 50% marks
- Documents Required:
- Mark sheets of qualifying exams
- Transfer Certificate (TC) and Character Certificate
- Photographs (passport size)
- Caste certificate (if applicable)
- ID proof (Aadhar, Passport, etc.)
- Migration certificate for students from other boards/universities
Fee Structure & Scholarships
- Tuition Fees Approximate Ranges:
- BBA/B.Com/BCA: ₹40,000 - ₹60,000 per annum
- MBA/M.Com/MCA: ₹60,000 - ₹90,000 per annum
- Additional Fees: Hostel and mess fees vary; exam and miscellaneous charges extra
- Scholarships & Financial Aid:
- Government scholarships available for SC/ST/OBC/EWS categories (state/national schemes)
- Institute Merit-based scholarships and fee concessions (official scholarships page)
- Need-based financial assistance upon request
Placements & Career Outcomes
- Placement Percentage: Approximately 70%-80% students placed in recent years
- Average CTC: ₹3.5 - ₹4.5 LPA
- Highest CTC: ₹6 LPA reported in core finance and IT sectors
- Top Recruiters: HCL, TCS, ICICI Bank, Axis Bank, Deloitte, Genpact
- Placement Cell: Contact at placement@ifmlko.edu.in or via placement page
- Internship Support: Mandatory internships facilitated through institute-industry tie-ups
Campus & Facilities
- Hostels: Separate boys’ and girls’ hostels with mess facilities
- Sports: Playgrounds and indoor sports facilities for cricket, badminton, table tennis, and basketball
- Labs & Libraries: Well-equipped computer labs with internet, air-conditioned library with over 10,000 volumes
- Healthcare: On-campus first-aid and tie-ups with local hospitals
- Transport & Wi-Fi: Shuttle services to main city points; Wi-Fi enabled campus
- Student Clubs & Festivals: Cultural club, finance and entrepreneurship cell; annual fest 'FINOMANIA'
- Research Centres: Not distinctly listed on official sources
Faculty & Research
- Notable Faculty: Diverse team with PhD holders in Finance, Management, and Computer Applications
- Research Centres: No dedicated research centres mentioned on official site
- Major Grants/Patents/MoUs: Institute holds MoUs with local banks and fintech companies for collaborative projects
Rankings & Reputation
- NIRF Ranking: Not listed under NIRF as of 2024
- NAAC Grade: Not accredited/per available data (NAAC website and official sources checked)
- Other Rankings: No listing found in QS India, India Today, or Outlook rankings
Results, Cut-Offs & Seat Matrix
- Results Publishing: Results are published on the official website under the 'Examination' section Results Portal
- Seat Matrix: Not publicly disclosed on official website
- Cut-Offs: Admission primarily merit-based; typical 50%-60% aggregate for general category with relaxation for reserved categories
How to Reach
- Nearest Airport: Chaudhary Charan Singh International Airport, Lucknow (approx. 15 km)
- Nearest Railway Station: Lucknow Junction Railway Station (approx. 10 km)
- Local Connectivity: Well connected by city buses, auto-rickshaws, and taxis from main city points
FAQs
- Q1: What are the eligibility criteria for MBA admission?
- A1: A bachelor's degree with at least 50% marks from a recognized university is required.
- Q2: Does IFM Lucknow offer reservation for SC/ST/OBC?
- A2: Yes, admissions follow Government of Uttar Pradesh reservation policies.
- Q3: How can I apply for admission?
- A3: Apply online through the official website's admissions page or submit offline application form.
- Q4: Are there management quota seats available?
- A4: Yes, IFM Lucknow has provisions for management quota admissions.
- Q5: What is the fee structure for BBA?
- A5: Approximately ₹40,000 to ₹60,000 per annum (tuition fees).
- Q6: Is hostel accommodation available?
- A6: Yes, separate hostels for boys and girls with mess facilities are available.
- Q7: Does IFM provide placement assistance?
- A7: Yes, there is an active placement cell that facilitates campus recruitment and internships.
- Q8: When are admissions usually conducted?
- A8: Admissions typically occur between June and July every year.
- Q9: How can I check my results?
- A9: Results are published on the official results portal.
- Q10: Is IFM Lucknow NAAC accredited?
- A10: As of June 2024, IFM Lucknow does not have NAAC accreditation.
About Institute of Finance & Management
Institute of Finance & Management
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