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IFIM College, Bangalore - Master of Business Administration [MBA]

Bangalore, Karnataka
Private College

Master of Business Administration [MBA]


Course Fees

Course Duration

2 Years

Tuition Fees

5 Lakhs

1 Year Fees

5 Lakhs

Total Fees

10 Lakhs

Detailed Fees

general
yearTuition FeesTotal Fees
year 1₹ 500000₹ 5 Lakhs
year 2₹ 500000₹ 5 Lakhs

Course Information

Course Description

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, MATGMAT, 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

IFIM MBA Course Highlights

  • The MBA program is a two-year full-time on-campus course offered in 6 specializations namely Finance, HRM, Marketing, Startups & SMEs Management, Health Care Management, and Banking, Insurance & Financial Services.
  • IFIM College has been ranked 15th overall by IndiaToday 2021; while it has been ranked at the 10th position for its MBA by IndiaToday 2019.
  • The college provides excellent placement and internship opportunities with the country's top recruiters visiting the campus with the average salary package offered is INR 7.50 LPA.
  • IFIM faculty is highly experienced and qualified. Many of them have Ph.D. degrees in various MBA specializations. Know More
  • The fee charged by IFIM College for the MBA program is INR 9 Lakhs.
  • The institute offers scholarships to MBA students on the basis of their 10th, 12th marks as well as entrance exam scores.

IFIM MBA Important Dates

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 

IFIM MBA Eligibility Criteria

The eligibility criteria for the IFIM College MBA course is as follows:

  • Candidates must have passed an undergraduate degree in Commerce, Management, Arts, Social Sciences, Engineering/Technology or equivalent from a recognized University or any equivalent examination.
  • Must have secured a minimum of 50% marks in the UG degree examination.

IFIM MBA Admission Criteria

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.

IFIM MBA Selection Criteria

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.

  • Innovation Potential Test (IPT)
  • Group Exercise (GI)
  • Personal Interview (PI)
  • Academic Records
  • Work Experience. 

IFIM MBA Cutoff 2023 (Expected)

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

How to Apply for IFIM College MBA?

  • Visit the official website of IFIM College or click on the given link. 
  • Navigate to the ‘Admission’ option.
  • Scroll and find the link for the online application and click on it.
  • You will be redirected to a page to register yourself as a new user by filling up the required details.
  • Login using the credentials received via email after registration.
  • Fill in the details carefully aligned with all your certificates and documents.
  • Revise the form to check for any errors and make the payment for the application fee of INR 1,000.
  • Submit and save or download the form and payment slip.
  • You will receive a confirmation email from the college once the authentication is complete and payment is successful.

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

  • Mark sheet of Secondary or 10th
  • Mark sheet of 10+2
  • Bachelor's Degree
  • Entrance exam scorecard
  • Work experience or internship certificate (if available)
  • Photographs (passport size)
  • Relevant ID proof (Aadhar card/Voter’s ID card/Passport/ Driving License)

Read About: IFIM Courses & Fees

IFIM MBA Course Details

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.

  • Six different types of electives are offered in the 3rd and 4th semesters.
  • In semesters 1 and 2, softcore skills such as communication and innovation management are provided.
  • Semester 3 contains three elective papers along with project work for 4 weeks.
  • There are again three elective papers along with a 6-week dissertation in the 4th Semester.
  • The elective papers are offered to a very minimum number of students.

MBA Course Specializations

  • Health Care Management
  • Human Resource Management
  • Startups & SMEs Management
  • Marketing 
  • Finance

IFIM MBA Syllabus

The course syllabus is divided into 4 semesters. The syllabus for MBA is given below:

Semester 1 Semester 2
  • Economic for Managers
  • Organizational Behavior
  • Accounting for Manager
  • Statistics for Management
  • Marketing for Customer Value
  • Business and Industry
  • Soft Core- Communication Skills 
  • Technology for Management
  • Managerial Research Methods
  • Entrepreneurship and Ethics
  • Human Capital Management
  • Financial Management
  • Quantitative Techniques and Operations Research
  • Soft Core- Innovation Management 
Semester 3 Semester 4
  • Strategic Management and Corporate Governance
  • Projects and Operation Management
  • Elective 1- Finance
  • Elective 2- Marketing
  • Elective 3- Human Resource
  • Project work for 4 weeks
  • International Business Dynamics
  • Elective 4- Banking, Financial Services and Insurance Management (BFSI)
  • Elective 5- Start-Ups and SMEs Management
  • Elective 6
  • Dissertation for 6 weeks 

IFIM MBA Scholarships

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

Which institution is better for an MBA: IFIM, NMIMS School of Management, or Alliance School of Business?

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

IFIM MBA Placements

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:

  • The total number of Recruiters is 90.
  • A total of 35% of students were placed in top companies.
  • The highest salary offered is INR 16.64 LPA while the average salary offered is INR 7.50 LPA.
  • Top recruiters of IFIM College, Bangalore are Amazon, Indiabulls, Indusind Bank, American Express, Mercedes Benz, Nestle, Dell, Citibank, Edelweiss, PWC, FedEx, Flipkart, ICICI Group, Vodafone, Zomato, etc.

Know More: IFIM Placements

IFIM MBA Admission FAQs

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:

  • Option 1: Main hostel fee- Double occupancy accommodation with food will cost INR 90,000 for six months
  • Option 2: Double occupancy accommodation with food will cost INR 72,000 for six months.

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.


Course Details

General

Total Fees

10,00,000
Duration2 Years
Number of Seats-
Type of CourseFull Time
Mode of TeachingOn Campus

Placement

Highest Placement₹ 23.2 Lakhs
Average Placement₹ 7.5 Lakhs
Top Companies

College Ranking

Ranking of IFIM College



Ask your question

Answered Questions

IFIM College: 4 answered questions

GY

Gaurav Yadav

24 Feb 23

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.

...Show More

AB

Akash Bhattacharya

15 Feb 23

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

  • IMT (Hyd)
  • SIBM (Hyd)
  • NMIMS (Hyd) 
  • Ashoka School of Business (Hyd)

ASB is a rather good choice in terms of ROI.

...Show More

AB

Anu Behl

19 Jul 21

My cousin is from IFIM and it's an excellent Institute, not because of its rank or reputation but several other factors as well.

  • IFIM's BBA program has been ranked #26 in the nation by India Today's MDRA survey of 2019.
  • IFIM is situated in Electronic City, the IT hub of India, which is Bangalore.
  • In addition to this, IFIM Bangalore has been accredited by AACSB- a position received by only 6 institutes in India to date.
  • The College also has several clubs and is industry-oriented. The list includes clubs in Marketing, Finance, and even Human Resource. In addition to this, there is the Toastmasters club for communication and leadership skills.

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.

...Show More

SS

Sanya Sharma

27 Aug 20

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.

  • IFIM offers PGDM with specializations Finance, HR, Marketing, General, Data Science, IB, Business Analytics, and Digital business. On the contrary, Jaipuria offers only 3 specializations which are Financial Services, Retail, and General.
  • With respect to the admission process, both the colleges accept CAT, XAT, and MAT. IFIM (75 percentile) has a high cut-off as compared to Jaipuria Institute (50 percentile).
  • Both are private institutions that have AICTE affiliation but IFIM is ahead of Jaipuria in terms of placements and ranking.
  • Sector-wise placement is more varied for IFIM as compared to Jaipuria.
  • IFIM has a location benefit as it is situated in Bangalore which gives students a lot of industrial exposure. 126 students from IFIM were able to achieve pre-placement offers from good companies in 2019.

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.

...Show More


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