Institute for Financial Management and Research

The Institute for Financial Management & Research (IFMR) is one of the foremost management schools in India. It was established in 1970 and is a not-for-profit society. ICICI and other major industrial groups sponsor the institution. The Institute for Financial Management and Research is one of the few places where students can earn a bachelor's degree in a business-focused environment. Its curriculum is a good fit for academic and professional aspirations. It offers an impressive list of options, including a business administration major, an MBA, a PhD in Management and a customized program for senior executives.

IFMR Chennai faculty members are renowned for their dedication to teaching and research. As a result, IFMR graduates find career opportunities in various industries. In addition, the institution has been recognized as a premier management institute and is one of India's top 20 MBA schools.

Institute for Financial Management and Research Courses offered

The IFMR offers MBA, EMBA and MDP with relevant specializations. This program offers a strong foundation in finance and business fields. The candidates must surpass the minimum eligibility criteria. The minimum criteria are listed below:

• MBA: You must have a graduation degree in any discipline from a familiar University with a min of 50% aggregate.
• EMBA: The eligibility is similar to the MBA program, and the authority will also look for the working experience of 2 years in the relevant field.

You can find the relevant specializations offered along with the Institute for Financial Management & Research fees structure in the table below:

Institute for Financial Management and Research Rankings

Over the years, IFMR, Chennai, has secured many rankings and recognitions by other ranking bodies for management course results. The IFMR rankings are:

• According to the IFMR Chennai NIRF Rankings, the college secured the 60th rank for MBA results in 2022.
• In 2021, Outlook magazine ranked the Institute 17th for MBA performance 2021.
• According to the Financial Express, IFMR was ranked with 47th position in 2019.

Institute for Financial Management and Research Admission Process

The IFMR admission process involves entrance exams, group discussions and personal interviews. It is a competitive process that requires high academic scores. For MBA admissions, the applicants must hold a graduation degree in any stream with a min of 50% and no backlogs. The selection will be based on the marks secured in entrance exams like CAT/ MAT/ XAT/ ATMA. The IFMR CAT cutoff is 80 required for MBA admissions.

How to apply?

• Candidates can apply through online or offline methods.
• You are required to submit a detailed application form that consists of all your personal and academic details.
• Students must also submit an application form along with all required documents. These documents can vary depending on the institution.
• After submitting your IFMR application, you will receive a shortlist of eligible candidates. You will then be invited to a group discussion and interview.

Institute for Financial Management and Research Placements 

The IIFMR has a 100% placement track record. IFMR has a strong placement record and is amongst top management schools in India. Its MBA program aims to prepare students for leadership roles in the industry. IFMR Chennai Placements has a separate cell responsible for all the placement activities, such as arranging guest lectures, workshops, job fairs, etc.

• The total number of recruiters participating in the placement drive is over 75.
• The number of students that participate in than drive is more than 175.
• The placement percentage of IFMR is up to 85-90%.
• The highest package offered is INR 18 LPA, and the IFMR average package is INR 10 LPA.

Institute for Financial Management and Research Infrastructure facilities

The IFMR, Chennai, offers a range of facilities that help students excel. These include wi-fi-enabled buildings, a library, a trading floor, a gym and hostel facilities. In addition to the above, the Institute also has several technical workshops and events that help improve entrepreneurship and private sector development in Africa. It is a leading business school with the mission of building ambitious young men and women into competent global leaders.

IFMR will also provide accommodation facilities for its students. The IFMR hostel rooms provided by the college are very neat, they have two shared rooms offered with proper facilities like furniture, 24/7 water and electricity, wi-fi facility, hygienic mess with quality food etc. The IFMR Chennai Hostel fee is INR 1.2 lakhs.

Institute for Financial Management and Research Scholarships

The Institute for Financial Management and Research offers several scholarships to students. These can help reduce tuition costs and are awarded based on several factors, including your grades, financial need, major and campus or community service.

Besides these, you can also apply for a graduate assistantship to cover your tuition costs. These assistantships offer full or half tuition waivers and a yearly stipend of around INR 21,000. In addition, the Institute also offers several other scholarships and fellowships. These scholarships are awarded to students with outstanding academic records, professional promises and personal achievements.