Course Duration
2 YearsTuition Fees
5 Lakhs1 Year Fees
5 LakhsTotal Fees
10 Lakhsyear | Tuition Fees | Total Fees |
---|---|---|
year 1 | ₹ 500000 | ₹ 5 Lakhs |
year 2 | ₹ 500000 | ₹ 5 Lakhs |
IFIM College Bangalore’s MBA program is a two-year full-time degree course. The institute is expected to commence its IFIM MBA Admission 2023 from May 2023. Candidates seeking admission can apply online on the official website of the institute. Apply Now. Admission to the MBA course is made based on the scores of relevant entrance examinations. IFIM accepts CAT, XAT, MAT, GMAT, Karnataka PGCET. Shortlisted candidates are then invited for the essay writing test and personal interview rounds. The expected CAT Cutoff 2023 for the college is 75. Check IFIM Admissions 2023
Table of Content
4.2 IFIM MBA Cutoff
4.3 How to Apply?
5.1 Syllabus
Tabulated below are the important dates related to IFIM MBA Admission 2023:
Events | Dates (Tentative) |
---|---|
Commencement of Online Application Form | May 2023 |
Karnataka PGCET Application Starts | 3rd Week of May 2023 |
Karnataka PGCET Application Closes | 1st Week of June 2023 |
Karnataka PGCET Exam Date | 1st Week of July 2023 |
Declaration of Results | 3rd Week of August 2023 |
Counselling Begins | 1st Week of September |
The eligibility criteria for the IFIM College MBA course is as follows:
Admission to the MBA program is done based on the scores obtained in national level examinations such as CAT, XAT, MAT, GMAT, Karnataka PGCET, etc. Shortlisted candidates have to appear for essay writing and personal interview rounds. Admission is given on the basis of performance in these rounds.
The IFIM College has its own assessment components for screening students. Apart from scoring well in any of the national level entrance examinations, selected students must also appear for a separate selection procedure by the college. These components are mentioned below.
IFIM College MBA Cutoff 2020 of different entrance exams is given below:
Exam | Cut Off (General Category) |
---|---|
Karnataka PGCET | 1026 (by rank) |
MAT | 80 |
CAT | 75 |
Note: Payment for application fee can be made through debit/credit card, demand draft (DD), or in-person by visiting the campus payment counter.
Documents Required
Read About: IFIM Courses & Fees
MBA at IFIM prepares candidates with personal mentorship programs providing in-person training with industry leaders. During the two years (4 semesters), students are encouraged towards experiential learning through live projects, global immersion and research, and internship opportunities.
MBA Course Specializations
The course syllabus is divided into 4 semesters. The syllabus for MBA is given below:
Semester 1 | Semester 2 |
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Semester 3 | Semester 4 |
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IFIM provides 50% and 25% scholarships to its MBA students on the basis of the following criteria:
Eligibility Criteria | 50% Scholarship | 25% Scholarship |
---|---|---|
10th Standard Marks | 90% and above | 80% to 89%, |
10th Standard Marks | 90% and above | 80% to 89% |
UG/Adv. ISAT score (OR) | Above 85% | 80% to 85% |
(OR) Entrance Test Score | 80% and above | 75% to 79% |
Read More: IFIM Scholarships
Particulars | IFIM College | NMIMS School of Management | Alliance School of Business |
---|---|---|---|
Nirf Ranking (2020) | - | - | 39 |
CAT Cut Off (Overall) | 75 | 70 | 70 |
Highest CTC | INR 11.0 LPA | INR 21.38 LPA | INR 16.75 LPA |
Average CTC | INR 6.0 LPA | INR 9.25 LPA | INR 7.86 LPA |
Total Fees | INR 9.25 | INR 16.50 | INR 13.50 |
Prominent Recruiters | Deloitte, Abbot, Aditya Birla Group, Amazon, CITI Bank, HDFC Bank, FedEx | Dell, Oracle, Nivea, ICICI Bank, Infosys, IBM, OYO, Wipro, Yes bank | Godrej, HCL, HP, IBM, Cinepolis, Amazon |
The IFIM College has a placement cell that is responsible for facilitating internships and placements to all the MBA students. The College witnessed 100% placements and 150+ companies participated in the recent placement drive and IT, BFSI, Manufacturing were the highest recruiting sectors.
Some of the highlights of IFIM Placements 2020 are as follows:
Know More: IFIM Placements
Ques. What is the age limit to apply for IFIM MBA?
Ans. There is no age limit to apply for IFIM MBA. The minimum eligibility criteria are a bachelor's degree with a score of 50% and a valid entrance examination scorecard.
Ques. Are any hostel facilities available for IFIM MBA students?
Ans. Yes, IFIM College provides boarding and lodging facilities. You need to pay a security deposit of INR 15,000 first. The college provides two options for boarding and lodging to IFIM MBA students:
Ques. What is the fee structure of IFIM MBA for foreign students?
Ans. NRI or foreign national students have to pay the following amount to secure admission to IFIM MBA:
Processing Fee- INR 74,150
First Installment - INR 4,81,971
Second Installment- INR 5, 56,120
Ques. Is work experience the admission criterion for IFIM MBA Admission?
Ans. Relevant work experience in a reputed industry is helpful during the IFIM MBA selection but is not mandatory for admission. Only full-time work experience in a reputed company is considered valid for selection.
Ques. How many seats are there in IFIM MBA?
Ans. There are a total of 60 seats available for admission in the IFIM MBA course. Some seats are reserved for the students from OBC, SC, and ST categories.
Total Fees
₹ 10,00,000Highest Placement | ₹ 23.2 Lakhs |
Average Placement | ₹ 7.5 Lakhs |
Top Companies |
It is important to note that when it comes to placements in tier 3 B-schools, the job profiles offered are generally similar, with a focus on sales. However, the location of the B-school can have a significant impact on the placement opportunities available to students.
In cities where there are multiple B-schools located, such as Bangalore, Hyderabad, and Mumbai, competition between schools can be high, which affects the placements available to students. In contrast, schools located in cities without significant competition, such as IMI Kolkata and IMI Bhubaneshwar, may provide more reliable and decent placement opportunities.
Both the colleges are moderate and have no feature that makes them stand out from the other. IFIM Bangalore is a bit overestimated but has been able to make a mark in the Finance sector.
IBS Hyderabad on the other hand is a brand name and has been there for decades. It attracts over 1000 students every year making it one of the most coveted B Schools of the country.
The best way to find out which is a better choice is through comparing the high fees with the average package and concluding the estimated ROI.
Fees
IFIM Bangalore - ?4.65 Lakhs (1st Year Fees)
IBS Hyderabad-INR 16.02 MBA Program
Average Salary
IFIM Bangalore - INR 7.5 LPA
IBS Hyderabad - INR 11.70 LP
Other top tier colleges include
ASB is a rather good choice in terms of ROI.
My cousin is from IFIM and it's an excellent Institute, not because of its rank or reputation but several other factors as well.
The overall standard at IFIM is excellent. The crowd, professors, fests, workshops, places to hang out - all combine to give you an explosion of opportunities.
IFIM and Jaipuria Institute Lucknow both are highly preferred options when it comes to management studies. Given below is a comparison between the two institutes based on different parameters.
Criteria |
IFIM |
Jaipuria Institute of Management |
Total Fees |
INR 16 lakhs |
INR 10.25 Lakhs |
Average Package |
INR 7.5 LPA |
INR 6.7 LPA |
Highest Package |
INR 19.5 LPA |
INR 18 LPA |
Top Recruiters |
Nestle, FedEx, Deloitte, Tommy Hilfiger, Moody’s, Wipro, |
Amazon, ITC, Asian Paints, Landmark, E&Y, Mahindra & Mahindra |
Sectors |
Advertising, IT, Consulting, NBFC, Service, E-commerce, Manufacturing |
Financial Services, Banking, and FMCG |
No. of companies visiting |
177 |
95+ |
Apart from fees and placement, the few aspects that need to be considered are discussed below.
The preference should be IFIM as it is ahead in academics, placements, and providing the industrial experience. But the choice should be yours depending on the field you are interested in. Jaipuria can be a better choice for students who want to pursue a career in financial services or the banking sector.