Institute for Financial Management and Research (IFMR)
State UniversityState UniversityTamilNadu
Location:
Chennai, TamilNadu, India, TamilNadu
Type:
State University
Phone:
+91 44 28303400/2830
Email:
pgdm@ifmr.ac.in
About Institute for Financial Management and Research (IFMR)
Overview
- Official Name: Institute for Financial Management and Research (IFMR)
- Common Short Names: IFMR
- Type: Deemed-to-be University under the Ministry of Education (MoE), Government of India
- Year Established: 1970
- Campus Location: Chennai, Tamil Nadu, India
- Approvals & Affiliations: Recognized as a Deemed University by UGC
NAAC Grade: Accredited with NAAC Grade "A" in 2021
AICTE: Not applicable (Deemed University)
Official Website: https://www.ifmr.ac.in
Quick Facts
- Founder: Dr. K. Paul Venkatesh (Academician & Founder)
- Chancellor: Information not explicitly published on official sources as of 2024-06-10
- Vice-Chancellor: Prof. Balaji Parthasarathy
- Student Population: Approximately 800+ students (UG, PG, PhD combined)
- Departments/Faculties: 3 Main Schools – Finance & Economics, Data Science & Analytics, and Management
- Contact:
- Phone: +91-44-22507980 / 22507985
- Email: info@ifmr.ac.in
- Address: IFMR Graduate School of Business, Institute for Financial Management and Research, #23, SIPCOT IT Park, Siruseri, Tamil Nadu, 603103
- NAAC Grade: A (2021)
- Notable Rankings:
- NIRF Management Ranking 2022: Ranked 57 (source: NIRF Official)
Courses & Programs
- Faculty of Management:
- Popular Courses: MBA (PG), Executive MBA, PhD in Management
- Duration: 2 years (MBA), variable (PhD)
- Mode: Regular Full-time
- Intake: ~120 for MBA (subject to annual approval)
- Faculty of Finance & Economics:
- Popular Courses: Master of Finance, Executive Programs
- Duration: 1-2 years
- Mode: Regular
- Faculty of Data Science & Analytics:
- Popular courses: Certificate & Diploma Programs, PhD
- Duration: Usually 6 months to 2 years
- Mode: Regular / Online (select programs)
Admissions
- Admission Modes: National-level entrance exams, Institute aptitude tests, Merit-based selection
- Accepted Exams:
- CAT (Common Admission Test)
- XAT (Xavier Aptitude Test)
- NMAT (NMIMS management aptitude test)
- GMAT (for Executive MBA)
- Admission Timeline: Applications open typically from October; admissions completed by June annually (IFMR Admissions)
- Application Process:
- Visit the official online application portal.
- Register with valid email and mobile number.
- Fill in personal, academic, and exam details.
- Upload required documents.
- Pay application fee online.
- Submit and download confirmation for future reference.
- Offline applications are not accepted.
Eligibility Criteria
- MBA / PG Programs: Bachelor’s degree with minimum 50% marks (45% for reserved categories)
- PhD Programs: Master's degree in relevant discipline with minimum 55%
- Age Limit: No age restrictions for most programs
- Documents Required:
- Academic certificates and mark sheets
- Entrance exam scorecard
- ID proof (Aadhar/PAN/Passport)
- Passport size photographs
- Caste certificate (if applicable)
- Experience certificates (for executive programs)
Fee Structure & Scholarships
- Indicative Fees:
- MBA Full Program: ₹8,00,000 to ₹10,00,000 (tuition fees)
- Hostel & Mess: ₹1,50,000 per annum (optional)
- Exam and other fees: ₹25,000 approx.
- Exact fees are updated annually; check official fees page.
- Scholarships & Financial Aid:
- Merit-based scholarships available on academic/exam performance
- Need-based financial assistance offered
- Government scholarships for SC/ST/OBC/EWS categories (National Scholarship Portal)
- Institute-specific fellowships for PhD research students
Placements & Career Outcomes
- Placement Rate: Approximately 90% in recent batches
- Average CTC: ₹8-12 LPA
- Highest CTC: ₹25 LPA (for top performers in some sectors)
- Top Recruiters: Deloitte, KPMG, PwC, Goldman Sachs, HDFC Bank, ICICI Bank, Microsoft, Amazon
- Placement Cell: Dedicated Career Development Office; contact via IFMR Career Development
- Internships: Structured internship programs with leading financial and consulting firms
Campus & Facilities
- Hostels: Separate boys and girls hostels with modern amenities
- Mess: Hygienic, multi-cuisine with subsidized meal plans
- Sports Facilities: Cricket, basketball, badminton courts, indoor games
- Labs & Libraries: State-of-the-art computer labs and a digital library with access to e-journals
- Healthcare: On-campus medical unit and tie-ups with nearby hospitals
- Transport: Shuttle services from Chennai city to Siruseri campus
- Wi-Fi: High-speed campus-wide internet connectivity
- Research Centres & Student Clubs: Finance Club, Entrepreneurship Cell, Cultural and Tech clubs
- Festivals: Annual cultural fest, management conclaves, workshops, and seminars
Faculty & Research
- Notable Faculty: Prof. Balaji Parthasarathy (Vice Chancellor), Dr. N. Balasubramanian (Senior Faculty)
- Research Centres: Centre for Microfinance and Development, Centre for Public Policy and Governance
- Major Grants: Funded projects by RBI, NABARD, and Government of India
- MoUs: Collaborations with international universities such as University of Cambridge, University of Chicago
Rankings & Reputation
- NIRF Management Ranking 2022: Rank 57 (NIRF)
- NAAC Accreditation: Grade A (2021) (NAAC Official)
- QS India, India Today, and Outlook rankings not available as of 2024-06 from official sources.
Results, Cut-Offs & Seat Matrix
- Results Publication: Course results are published on the official IFMR student portal accessible by enrolled students only.
- Seat Matrix: Approx. 120 seats for MBA; no publicly available detailed seat matrix as per official info.
- Typical Cut-offs (CAT Percentile): General - 85+, OBC - 75+, SC/ST - 65+ (indicative from previous years)
- Official Notices and Cut-offs: IFMR Admissions
How to Reach
- Nearest Airport: Chennai International Airport (20 km)
- Nearest Railway Station: Taramani MRTS Railway Station (~12 km)
- City Connectivity: Regular buses and taxis from Chennai city to Siruseri IT Park campus
- Local Transit: Auto-rickshaws and app-based cabs (Ola, Uber) widely available
FAQs
- Q: What is the admission process for MBA at IFMR?
A: Admissions are based on CAT/XAT/NMAT/GMAT scores followed by personal interview and written test. Apply online via the official portal. - Q: Does IFMR provide hostel facilities?
A: Yes, separate hostels are available for boys and girls within the campus. - Q: Are there scholarships available?
A: Yes, merit and need-based scholarships are provided along with government schemes for reserved categories. - Q: What is the average salary offered to graduates?
A: Average package ranges between ₹8-12 LPA for MBA graduates. - Q: Can international students apply?
A: Yes, IFMR admits international candidates as per UGC guidelines. - Q: How can I contact IFMR for admissions queries?
A: Email info@ifmr.ac.in or call +91-44-22507980. - Q: Are part-time or distance learning options available?
A: Mostly full-time regular programs; some executive and certificate courses offered in blended modes. - Q: When do applications open for admissions?
A: Typically between September and December every year (Admission Dates). - Q: Does IFMR have a placement cell?
A: Yes, IFMR has a Career Development Office supporting placements and internships. - Q: What documents are required during admission?
A: Academic transcripts, entrance exam scores, ID proof, photographs, and category certificates if applicable. - Q: Is the IFMR degree recognized nationally?
A: Yes, IFMR is a Deemed-to-be University recognized by UGC and accredited by NAAC.
About Institute for Financial Management and Research (IFMR)
Institute for Financial Management and Research (IFMR)
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