ITM Business School MBA Admissions 2025
400+ Company Visits | Highest CTC Offered: 21 LPA | Average CTC Offered: 8.65 LPA | 100% Placement Assurance
IFMR Graduate School of Business formerly known as Institute for Financial Management and Research is a well-known business school ranked 53rd in NIRF 2020 Rankings for Management. IFMR started as a Research institute and offers MBA programmes in 7 areas which are Data Science, Economics, Finance, Human Resources, Marketing, Operations and Strategy. Careers360 interacted with Professor Shobha Das, Dean, IFMR to get detailed insights about the institute, its mission, admission process and placements. Aspirants can read the interview to know more details about IFMR.
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Careers360: Please brief us about IFMR Graduate School of Business.
Prof. Shobha Das: IFMR, Institute of Financial Management and Research is a 50 year old institution. We have transformed along the way. We started as a research institute; then we started a full time residential MBA programme. We began with 60 and now we have expanded to 180 students.
Careers360: What are theprogrammes and specialisations offered by IFMR Graduate School of Business?
Prof. Shobha Das: The first year,we focus on developing core and skills of the students so that they are well grounded. Four interdisciplinary courses are taught by the faculty from different areas of specialisations. These are communication, ethics, design thinking and Capstone business simulation. We bring industry experts to help and enable students to think like managers. In the second-year, students have to choose their electives. We offer 7 areas of specialization namely Data Science, Economics, Finance, Human Resources, Marketing, Operations and Strategy.
400+ Company Visits | Highest CTC Offered: 21 LPA | Average CTC Offered: 8.65 LPA | 100% Placement Assurance
Highest CTC: INR 28.25 LPA | Average for Top 100 offers: INR 17.34 LPA | Ranked #63 in India under Management category by NIRF | 148 Recruiters
Watch the entire interview with Prof. Shobha Das, Dean, IFMR Graduate School of Business
Careers360: Please share some details about rankings and accreditations.
Prof. Shobha Das: We areSouth Asian Quality Assurance System (SAQS) accredited. For the first time we are below 50 in NIRF rankings and this is a concern for us. We are trying to bring recognition and this has affected the rankings.
Careers360: What are the cutoffs for IFMR admissions?
Prof. Shobha Das: Attention is given to the academic background and 60 percent is the minimum eligibility for class 10, 12 and graduation. We accept 6 standardised test scores including CAT, XAT. We have included NMAT this year. We also accept GRE and GMAT scores. We also look at the state of purpose (SOP)written by students as well as the extracurricular activities.
Careers360: Please throw some light on diversity in terms of region, gender and stream.
Prof. Shobha Das: We have all types of students; from engineers to art students – we have them all though the number of engineers has gone down. In terms of gender we have 60 percent male and 40 percent female candidates. If work experience is considered, about 30 percent students are experienced while 70 percent are freshers. Our geographic diversity is amazing. We have representatives from all the India. We have people from all regions.
Careers360s: Is hostel facility available for the students?
Prof. Shobha Das: Yes, our hostel has the capacity to accommodate around 650 students. Students stay in 2-seater AC rooms with attached bathrooms. We have cafeterias, good sports facilities - both indoor and outdoor. Our 40-acre green campus is equipped with all the necessary facilities including 24 * 7 medical facilities.
Careers360: Are there any scholarships available?
Prof. Shobha Das: Apart from the merit scholarships in the first year, we have three 100% scholarships this year. We encourage students to apply early for these.
Careers360: How are the placements at IFMR Graduate School of Business?
Prof. Shobha Das: We have 100 percent placements. This year, 10 students of 185 opted out and we have placed all the other students. The average CTC was 9.37 lakhs, median was 9.5 lakhs and the highest was something around 13 lakhs.
Careers360: What kind of students should choose IFMR Graduate School of Business?
Prof. Shobha Das: 3 things mainly - a sharp mind as our faculty really engages with the students; students with an active lifestyle and kind hearts.
Hello Aspirant,
This university's MBA admissions occur through several entrance exams. NMAT is one of them.
The last year's cut-off was in the range 85-90 percentile. The score might be between 220- 230.
You have also met the sectional cutoff of this university to be eligible for a further round of nomination. This cutoff is subjected to change every year depending on various factors.
I hope it helps.
Thank you
In order to make an informed decision about which college to choose for your final joining, you must analyse various parameters of a B-School to decide the one which matches with your final goals. At the end of your MBA, your goal could be entrepreneurship, higher education, job opportunities, greater exposure, increased market value or something very different. Basis the end result, please choose the college wisely.
For higher education, you should choose a college with good faculty and academic exposure, for career opportunities - choose a college with good placement records, for exposure and networking - choose a one with greater alumni base and so on.
For the colleges mentioned, I am highlighting the key parameters and the differences between the colleges. Accordingly, please review and make a choice:
Christ University Bangalore
The infrastructure, faculty, academics and specialisations are similar to Christ in other B-Schools also. In the other institutes i will only highlight points of differences
Nirma Ahmedabad
Bimtech Noida :
Wellingkar Mumbai:
Amrita:
Hello Dear,
As per the trends of previous year the cuoff for both these colleges are around 200-220 as per the level of the paper but as you know the cut off depends upon the number of seats available, the difficulty level of paper and number of candidates writing the examination hence it varies every year depending on these factors. The K. J. Somaiya Institute of Management Studies and Research is an autonomous business school located in Mumbai. It was established in 1981.
IFMR - Graduate School of Business a private business school located Andhra Pradesh.College offers admission to the two-year full-time Master in Business Administration.
For more information you can visit the following link:
https://bschool.careers360.com/articles/nmat-cutoff
Good Luck
Hello Amit,
Both the colleges are good. But Institute of Financial Management and Research , Chennai (IFMR ) is much better and more ahead from Institute of Finance and International Management in terms of faculty, Placement, profile offered and others too. IFMR also has smaller size batches as compared to IFIM. According to 2018 batches , placement was 8.3 lakhs per annum of IFMR and 7.43 lakhs per annum of IFIM. According to PGDM Finance also the college is good and student get good jobs.
I hope your question has been answered properly!
All the best for your future!
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Admissions Open | Globally Recognized by AACSB (US) & AMBA (UK) | 17.3 LPA Avg. CTC for PGPM 2024 | Application Deadline: 1st Dec 2024
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67 Years of Established Legacy | Ranked #79 in India by NIRF | Among the only few top 100 B-Schools currently accepting applications
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180+ Companies | Highest CTC 15 LPA | Average CTC 8 LPA | Ranked as Platinum Institute by AICTE for 6 years in a row | Awarded Best Business School of the Year
A++ Grade by NAAC | Recognized as Category-1 University by UGC | 100% Placement, 60 LPA Highest CTC, 400+ Recruiters