IFIM Bangalore: Records 23% increase in Applications - Last date to Apply Closed on February 17; Check USPs, Fee, Placements

Last date to apply for admission 2020 at IFIM Bangalore was closed at 12 midnight on February 17, 2020. In an environment when most B-schools are struggling to retain their number of applications at last year level, IFIM Business School Bangalore has reported an increase of 23 percent in the number of confirmed applicants for admissions in 2020.

In an environment when most B-schools are struggling to retain their number of applications at last year level, IFIM Business School Bangalore has reported an increase of 23 percent in the number of confirmed applicants for admissions in 2020.

Sharing with MBAUniverse.com, Dr Atish Chattopadhyay, Director, IFIM Bangalore said “Our application pools as of now is up by 23 percent as compared to the previous year.” Adding further Dr Chattopadhayay said, “The quality of applications have gone up, with around 63 percent of applicants reporting a CAT/XAT score of 65 percentile or more.” 

Cut Offs to Go Up
With the increase in number of applicants, cut offs at IFIM may go up. Sharing with MBAUniverse.com, Dr Chattopadhyay said, “since number of applications have gone up, it is appearing that cut-off for the flagship PGDM Program will be 70 percentile or above. Accordingly, following score cut offs are expected to be applied in shortlisting by IFIM for admission 2020:

MBA Entrance Exam	Cut Off Percentile/score
CAT 2019	70
XAT 2020	70
GMAT	70

In last few years, IFIM Business School Bangalore has emerged as one of the fastest growing B-school in South India. First, in February 2018, IFIM earned the AACSB Accreditation. Only 11 B-schools in India including ISB, IIM Calcutta, XLRI & SPJIMR are AACSB Accredited. Then, in July 2018, IMT Ghaziabad Director Dr Atish Chattopadhyay joined IFIM as Director. Since then IFIM has taken a series of steps to offer differentiated PGDM Programs.

5 Reasons: Why to Consider Studying at IFIM Bangalore  
IFIM Bangalore has become a preferred destination for MBA aspirants. The 5 key reasons that you should consider, according to Dr Chattopadhyaya, for applying for admission at the IFIM Bangalore are:

1. Curriculum to groom 'T' shape professionals aligned to Industry 4.0 (acknowledged across global forums like AACSB ICAM)
2. Super-specializations in new age areas like MarTech, Fintech,  Blockchain and Digital Transformation in partnership with top ranked International Schools like Darden, University of Virginia, ESCP London and McCombs, University of Texas at Austin..
3. Top end Faculty, with professional experience (including 14 CXOs) and from top schools in India ( likes of S K Choudhury, who has now joined us )
4. Career opportunities in high growth new age roles in new age industries..Likes of Byjus, MyGate etc were our key recruiters which allowed us to  place the batch..
5. Bangalore location allows the students undertake real life assignments to solve industry problems.. Practice approach to learning.

Award of Scholarships: Announcement Made on February 14
IFIM Bangalore has received positive response to the scholarship applications. The scholarships have been announced on 14th February for which around 50 aspirants were in the fray.

IFIM Business School has announced to award merit scholarships for the 2020-22 batch of its two-year, full-time, residential, AICTE approved and AACSB accredited Post Graduate Diploma in Management (PGDM) programmes. The objective is to identify/invite meritorious talent and offer them merit scholarships for pursuing PGDM at the B-school.

The Scholarships in the form of a tuition fee waiver, will be offered to meritorious students, who have appeared for CAT and/or GMAT and fulfil the eligibility criteria

IFIM Placements 2018-20 Batch: Highlights
IFIM Placements for its PGDM 2018-20 batch were over in December 2019 with a substantial rise in Average salary. Key highlights in placement 2020 at IFIM Bangalore are:

Placement Highlights

• 22% in average salary in Placement 2020
• Highest salary package has gone up to Rs 19.5 LPA in 2020 from Rs.16.64 LPA last year
• Average package in Placement 2020 has gone up at Rs.9.15 LPA from Rs.7.50 LPA last year 159 companies participated in the placement process making offers to 261 graduating students.
• IFIM has broken its last year record by a month of completing the placement in January
• Top Recruiters at IFIM Bangalore include Amazon, Oracle, Flipkart, SBI Bank, Deloitte, Morgan Stanley, CavinKare, Future Group, HDFC, ITC, 3M, Nestle, Mphasis, Siemens, Societe Generale, Wipro

Read More about IFIM Placement 2020

PGDM Grooming Professionals for Tomorrow
IFIM Bangalore is building a distinct identity and reputation in the highly cluttered and complex Indian Management Education Landscape, where more than 3,000 MBA Programs are being offered by IIMs, PGDM B-schools and Private/Public Universities.

According to Dr Atish Chattopadhyay, Director, IFIM Bangalore, “We are focussing on Job Roles which are futuristic, by grooming Professionals for the Roles of Tomorrow. The key differentiation of IFIM lies in taking a conscious call of moving away from the convention and investing to groom professionals for new age roles like MarTech, FinTech, Digital Transformation Specialists etc.”

Adding further, Dr Chatopadhyay shares, “We have taken the more difficult route by focusing on the Value Addition through the process of Teaching-Learning to impart those knowledge and skills which are futuristic and will prepare our graduates for beyond tomorrow.”

IFIM Bangalore: USPs

• 6th Business School in India to receive the prestigious AACSB International accreditation. Ranked 28th in India by Business Today 2018 – only institute to jump 20 places.
• India’s 1st Business School to set up a Digital Business academic area.
• One of the strongest Finance and Marketing faculty in the country with 45 full time and 14 supporting faculty with CXO Experience, IIMs, IITs, BITS, Foreign University
• Pioneer of India’s only service excellence index (index of Service Excellence in India – iSEI) IFIM’s Research Incubation Program figured on AACSB’s ‘innovations that inspire’ list of 2019 for Asia Pacific region.
• Only Business School to offer a Bespoke Curriculum model which provides a tailor-made learning path for each student.

Programs Offered
IFIM Bangalore offers 2 year full time residential Post Graduate Diploma in Management with options to do Major in:

• Marketing,
• Finance,
• Digital Business,
• Analytics,
• Human Resource Management,
• International Business.

Besides, the 2 years full time PGDM in Data Science at IFIM is one of the most sought after management programs. It also offers PGDM for working professionals.

IFIM PGDM: Program Highlights
IFIM Business School’s mission is to groom holistic, socially responsible, continuously employable professionals. It positions itself for “Beyond Tomorrow” by:

1. Grooming ‘T’ shaped professionals aligned to the needs of industry 4.0, through its unique Be-Spoke Curriculum
2. Best-in-class faculty; A blend of PhD trained and experienced practice-oriented professionals
3. Global connect through partnerships with top global business schools offering courses in new-age areas
4. Award winning Practice Driven Initiatives: Research Incubation, Social Immersion, Personality Enhancement Program, Long duration Industry Internship and Corporate Mentoring 5. 33% of the curriculum comprises of Practice Course.
5. One of the fastest Business School to complete placements in 2018-19, 2019-20
6. A wellness and personality/communication centric program to nurture life skill and lifestyle in each student is integrated into the curriculum.

IFIM PGDM 2020-22 Fee
The PGDM 2020-22 Fee for different PGDM programs at IFIM Bangalore is as under

• Fee for 2 Years Full Time Post Graduate Diploma in Management (PGDM) with Marketing, Finance, Digital Business, Analytics, HRM, and International Business: Rs.16 lakhs
• Fee for 2 Years Full Time PGDM in Data Science: Rs.9,90,000
• Fee for 2 Years Part Time PGDM for Working Professionals: Rs.3,50,000  

IFIM PGDM 2020: Intake
Intake for PGDM 2020-22 batch is 240 seats at IFIM

Key Changes in IFIM New Admission Process 2020
IFIM admission 2020 is further revamped. According to Dr Chattopadhyay, “In our new admission process, there is no weightage on entrance test scores. Performance in Critical Thinking and Innovation Test, Group Exercise and Personal Interview (plus academic performance, co-curricular  activities and experience) are the components for preparation merit list.”

IFIM is looking for the candidates who have new ideas and are entrepreneurial instead of only high scorers in MBA entrance exams. According to Dr Chattopadhyay, “We are looking for aspirants who need not be the ones who have belled the CAT, but the ones who are entrepreneurial, have new ideas and can dirty their hands to make a difference.”

Following Steps are included in IFIM Admission process 2020:

• Eligible candidates need to fill in the application form online apart from appearing in MBA entrance exam
• Shortlist will be announced based on entrance exam score and profile
• All short-listed candidates are required to appear for the final selection process which includes Essay Writing and Personal Interview
• Final admission offer will be made on the basis of entrance exam score, profile, performance in PI round

Last Chance Getting Over on February 17
This is the last chance to apply and pursue the PGDM with super specialization at IFIM Business School, Bangalore.

IFIM is looking for the candidates who have new ideas and are entrepreneurial instead of only high scorers in MBA entrance exams. According to Dr Chattopadhyay, “We are looking for aspirants who need not be the ones who have belled the CAT, but the ones who are entrepreneurial, have new ideas and can dirty their hands to make a difference.”

Established in 1995, IFIM Business School’s Bespoke Management Programmes empowers students to create their own learning paths and career goals, thereby creating a better industry fit compared to generic management programmes that are inflexible in their approach.

Stay tuned to MBAUniverse.com for more updates on IFIM Bangalore