IFMR Admissions

2 year Full Time Programme in PGDM-DSF, FE and DSF at IFMR

TWO-YEAR FULL-TIME POSTGRADUATE DIPLOMA IN MANAGEMENT (PGDM) and it is Approved by the All India Council for Technical Education (AICTE), Government of India & Association of Indian Universities (AIU).

2-YEAR FULL TIME POSTGRADUATE DIPLOMA COURSES IN MANAGEMENT at IFMR

IFMR's Post Graduate Diploma in Business Management (PGDM) prepares students for successful careers in management. Uniquely, three broad career streams are offered.
They are :
1. POSTGRADUATE DIPLOMA COURSE IN MANAGEMENT ( PGDM ) (PGDM – DSF)
2. POST GRADUATE DIPLOMA IN MANAGEMENT-FINANCIAL ENGINEERING (PGDM - FE)
3. POST GRADUATE DIPLOMA IN MANAGEMENT - DEVELOPMENT AND SUSTAINABLE FINANCE (PGDM – DSF)

Students interested in general management careers can choose to specialize in one or more of finance, marketing, human resources management and information technology / operations management. Students interested in analytical finance (FE) or micro and development finance (DSE) are offered course sequences in their second year which prepare them for challenging careers in these fields. Students interested in careers in research will also benefit from these specialized course sequences.

POSTGRADUATE DIPLOMA COURSE IN MANAGEMENT (PGDM)
IFMR's Post Graduate Diploma in Business Management (PGDM) is an AICTE & AIU accredited programme. It is intended to impart functional and management skills for successful careers in management. Management theory and practice as well as the external environment are continuously changing. IFMR’s approach to learning seeks to prepare students to be effective managers in the face of these changes. Hence learning is not confined to the classroom. Students are expected to take responsibility for and be active participants in the learning process. Students are thus equipped for life long learning. IFMR helps students realise their potential by learning to take their decisions and meeting stringent deadlines through assignments, cases, role-playing exercises, projects and simulated real life.

POST GRADUATE DIPLOMA IN MANAGEMENT-FINANCIAL ENGINEERING (PGDM - FE)
The financial sector in India has seen substantial changes over the past decade including: Deregulated Interest rates, Capital account convertibility, Access to international Capital markets, Transparency & efficiency and Regulators focusing on risks and management of risks rather than on procedures. The practice of finance has therefore evolved rapidly as a result of the above changes. Finance today involves evaluating and using instruments, markets and methodologies very different from those prevailing just a few years earlier. Today's practitioner should also be equipped to analyse and evaluate developments that are certain to occur in the years to come. In addition, the peculiarities of the Indian and other emerging markets mean that tools and techniques need to be adapted or developed before they can be used correctly. Therefore, there is an emerging need for Finance Professionals equipped to carry out Financial modeling, use The primary goal of the Program is to provide training in practical financial modeling as well as insights into the uses (and abuses) of financial models in real life situations.

POST GRADUATE DIPLOMA IN MANAGEMENT - DEVELOPMENT AND SUSTAINABLE FINANCE (PGDM – DSF)
The effective provision of social and financial services to the underprivileged and underserved requires a combination of managerial skills with a deep understanding of the lives, needs and problems of the less privileged. Innovative products and programs are needed to ensure that the huge lacunae that exist in the provision of education, healthcare and finance are effectively bridged.In this context, this program aims to: Provide a coherent curriculum of study at the postgraduate level, which will enhance the analyticalcapabilities and skills of people working in the field of development finance, education, healthcare and regulation. Equip students with a thorough understanding of the special problems of managing access to finance in emerging market economies and with the functional knowledge and skills to operate successfully. Help students make a meaningful contribution to policy formulation and implementation in this field.

PROGRAMME STRUCTURE – PGDM / PGDM (FE) / PGDM (DSF)
During the first year all students irrespective of the stream they choose take the core courses that prepare them for the specialisations in the second year. The program includes six terms of intensive instruction and one term spent completing an industry internship and a detailed project report. The industry-oriented curriculum, whose objective has been to send out managers ready to hit the ground running, has already acquired nation-wide appeal for young MBA aspirants. The first six batches have been successfully placed with a variety of leading companies. Visiting faculty from leading management schools around the world and senior managers from industry interact withour students through their course of study, making the program truly international and industry-oriented in character. A unique feature of the program is that all teaching material is available to students on an internal web, the entire design of the subjects being IT-led. The intention is to produce a global Indian manager.

Eligibility:
PGDM / PGDM(FE) / PGDM (DSF): Graduates in any discipline with a consistent First Class in Standards X, XII & Graduation.ii. Any one of CAT 2007* / XAT 2008 / GMAT ( taken in or after August 2006) scores* IFMR uses CAT scores to shortlist the candidates for its programs. IIMs have no role either in selection process or conduct of the program.

Programme Venue and Duration
All programs will be conducted at the premises of the Institute at #24, Kothari Road, Nungambakkam, Chennai – 600034. Each program takes six trimesters to complete. Each trimester is about 12 weeks long and 3 trimesters constitute the academic year. Core subjects are covered in the first three trimesters. In addition there will be a summer internship for about 11 weeks in April – June .IFMR will facilitate summer internship projects. Electives/Functional courses will be covered in the fourth, fifth and sixth semesters.

Method of selection
Shortlisted candidates who fulfill the eligibility criteria as above will be called for a Psychometric test, Group Discussion and personal interview at IFMR campus on dates to be notified later.

Financial Aid:
A limited number of merit cum means assistance is made available to deserving candidates. These range from Rs.100,000.00 to a full waiver of tuition fees.

Application Procedure: 1. Application kits can be obtained from IFMR beginning September 15, 2007, on payment of Rs. 1200.00 by cash or DD favouring Institute For Financial Management & Research and payable at Chennai. Cheques will not be accepted 2. Application kits will also be available against payment at select centres of T.I.M.E, IMS & Career Launchers. Please refer to their websites for the list of centres. 3. Application kits will also be available against payment at select branches of Axis Bank (UTI Bank ). Please refer to IFMR website for the list of branches. 4. The application form can also be downloaded from our website www.ifmr.ac.in 5. Filled in applications with supporting documents should reach IFMR on or before December 10, 2007 for CAT Scores and January 31, 2008 for XAT scores. 6. In case of downloaded applications, they should be accompanied by payment of Rs. 1200.00 by cash or DD favouring Institute For Financial Management & Research and payable at Chennai. Cheques will not be accepted.

For further details:
Contact Mr. G.Ravishankar (PGDM Office) , Institute for Financial Management and Research, #24, Kothari Road, Nungambakkam, Chennai - 600 034. at 093850 21777 / 044-2830 3446 / 2822 8193; Fax: 044-28279208 – E-mail: admissions@ifmr.ac.in or log on to www.ifmr.ac.in

About IFMR
The Institute for Financial Management and Research (IFMR), Chennai, is one of the leading business school with the objective of moulding bright and ambitious young managers into effective executives in a global setting. IFMR’s curriculum offers a mix of theory and simulated real life exposure. Its graduates are equipped to meet challenges from the day they are absorbed into the corporate sector. Which was established in 1970 as a non-profit organization. IFMR and sponsored by ICICI, the House of Kotharis and other majorindustrial groups. The Board of Governors includes leaders of major corporations in India. The Finance Secretary, Government of Tamilnadu, and the Vice Chancellor of the University of Madras are ex officio board members. Recognized as a Social Science Research Institute by the Department of Scientific and Industrial Research, Government of India, IFMR is approved as an institution of national importance by the Ministry of Finance. Faculty members had been working and consulting with both national and international organizations. Students are involved in these projects, ensuing continuous interaction with industry. IFMR is also an approved institution by the University of Madras for pursuing a Ph.D degree in Finance and Economics. IFMR is close ties and research collaboration with Harvard, MIT, Yale and London School of Economics. IFMR has also recently entered into a comprehensive three year partnership with Massachusetts Institute of Technology (MITOCW) to redesign its entire approach towards teaching and research in order to offer a world-class curriculum to its students. And about 40 scholars from the Kennedy School of Government, Harvard Business School, Sloan School of Management (MIT), Yale University, etc., pursuing close to 20 research projects in Poverty Alleviation (JPAL), Microfinance, Urban planning and the like are in residence at IFMR thereby creating a very stimulating academic environment on campus. IFMR also has close ties with Indian Institute of Banking and Finance(IIBF), Confederation of Indian Industries (CII), Madras Management Association ( MMA ) and other bodies.

Research Centres at IFMR
Centre for Advanced Finance Research (CAFS) facilitates cutting edge financial research with an emphasis on Indian markets; Centre for Micro Finance (CMF) conducts research on Micro finance; Centre for Development Finance (CDF) conducts research on public-private partnerships, infrastructure finance, Municipal finance etc Small Enterprise Finance Centre (SEFC) conducts research and training in addressing issues relating to SMEs; Centre for Insurance AND Risk Management (CIRM), focuses on insurance and risk management. The IFMR Centres - Provide research based inputs to policy makers -Create databases that will be available for other researchers -Offer a number of seminars -Offer elective courses for the PGDM program. This Institute recently entered into a collaboration with the Financial Services Volunteer Corps (FSVC), a US basedNGO specializing in emerging market financial sector technical assistance and training technical workshops and training programs for both public and private sector banks.
In the year of 2007 rating of business schools IFMR was ranked an outstanding 10th among all private B-Schools in India as well as 10th in Intellectual Capital, in the Outlook B - School Survey (Outlook – September 17, 2007). In the All India Management Association (AIMA) B-School survey 2007, IFMR was rated “A” . It is the institute's intent to further improve our excellent performance.