IFMR Chennai: Placement 2017 surpasses past record; average salary up with more top recruiters; admission closes on Jan 22

Marching on the mission to be within the top 10 B-Schools and within the top 3 in Finance domain in India, the Institute for Financial Management & Research (IFMR) Chennai has recorded yet higher placements for the 2015-17 batch with highest and average salary packages going up substantially.

Top recruiters in Placement 2017 at IFMR include CRISIL; Credit Suisse; Accenture; Capgemini; Deloitte; Genpact; Cognizant; HSBC; J P Morgan; TCS among others Average placement at IFMR in Placement 2017 has increased to Rs.9 lakhs from Rs.8.5 lakhs last year. The highest salary has also gone up to Rs.14 lakhs from Rs.13 lakhs last year. In contrast to salary packages offered to various B-schools, IFMR has recorded higher compensation packages.

One of the highly ranked business school with the objective of moulding ambitious young men and women into competent and socially responsible organisational leaders in a global setting, IFMR offers full-time and part-time PGDM programmes, a Ph.D programme as well as both open and customised management development programmes. Last date to apply for admission at IFMR is January 22, 2017. 

Highly ranked PGDM Programme
The PGDM programme at IFMR has consistently been ranked high among top B-schools in the country. The institute will accept CAT 2016, XAT 2017, CMAT 2017, GMAT & GRE scores to shortlist candidates for final admission round. The cut off and weights are not the same for all the entrance exams – so your performance in all the entrance exams you have taken will be evaluated against the respective cut off and only your best performance will be considered.

Admission process to close on Jan 22
Last date to apply for admission at IFMR closes on January 22, 2017.  The key dates as announced by IFMR are –

Eligibility to apply
Applicants are required to take/have taken any of the following standardised entrance exams – CAT 2016 / XAT 2017 / CMAT 2017 / GMAT & GRE (taken in the last three years). While CAT/XAT/CMAT percentiles or GRE/GMAT scores are an important component of the admission process, these are not the sole criteria for admission.

How to apply
The flagship PGDM 2017-19 batch at IFMR will have an intake of 180 students. Applicants seeking admission to PGDM 2017-19 at IFMR must complete and submit the application form online by the last date on January 22, 2017. Application fee is Rs. 1500/- (Rs One thousand five hundred only). The fee can be paid through credit card or net banking. To submit application for admission to PGDM 2017-19 at IFMR visit http://forms.ifmr.ac.in/ .

Shortlisting criteria
The admission committee will consider the applicant’s past academic performance, and performance in Personal Interview. Further the admissions committee recognizes the importance of passion for achievement demonstrated even in non-academic endeavour such as sports (represented country, state or district), NCC, Performing Arts (but NOT fine arts), volunteering, activism etc. and at the work place (of a corresponding level). Those with track record in these areas would get a relaxation with regard to cut off scores, provided they are otherwise eligible, and capable.

Expected cut offs

Candidates with excellent academic profile, achievements, quality work experience will stand fair chances of admission at IFMR even if they score a little low percentile in entrance exam.

Fee structure
One of the key USPs of IFMR, Chennai is its low fee structure. The two year fee of the PGDM batch is Rs.12 lakhs. The fee will be subject to revision in accordance with the policy of the B-school. This fee excludes hostel accommodation.

Institute for Financial Management and Research (IFMR), Chennai was established with the help of industry in the year 1970 as a not-for-profit society. IFMR has recently inaugurated a sprawling 40 acre campus in Sri City near Chennai. Located in a manufacturing hub comprising some of the world’s leading companies, the campus provides students and faculty with world class infrastructure and outstanding opportunities for collaboration with industry.

As per BW- Cfore B-School Survey 2016, IFMR is ranked 15 among Top Private Business Schools in India (Business world – 14 November 2016. IFMR enjoys overall rank of 29 among Top Business schools in India as per BW- Cfore B-School Survey 2016.

IFMR has been assigned A** Rating by CRISIL [All India] & A*** Rating by CRISIL [Andhra Pradesh]. AIMA has awarded A1 League to IFMR. The B-school has been awarded All India 27th Rank by National Human Resource Development Network.

IFMR is included among Good Business Schools category (26-50 ranks) by Business Today-MDRA B School Survey 2015 and enjoys All India Rank 22 by The Hindu Business line- MBAUniverse B School ranking 2017.