The Institute of Financial Management and Research offers a 2 year full-time ‘Postgraduate Diploma in Management’ program recognized by AICTE. This Chennai based institute has a fee structure of Rs. 10 lacs (the fee covers tuition, laptop, books & materials, examination fee, IT charges & institute’s formal wear) for the entire 2 years. The living expenses need to be borne by the student over and above the fee, charges for the hostel if opted for are Rs.9000/month. IFMR considers CAT 2013 / XAT 2014 / CMAT – Sept 2013 and GMAT GRE scores (taken in the last five years)

IFMR provided CL with complete placement details of 110 students passing out from IFMR in 2013 for audit. The data passed CL audit standards and hence, IFMR is now a member of the league. With an exact 70% students getting placed with CTC’s of 6 lacs per annum and more, IFMR is a good option for students wanting to pursue further studies this year.The highest salary for the 2013 was a CTC of more than Rs. 11 lacs per annum. The majority employers at IFMR are from the banking & finance domain or the IT / ITES domain with students getting placed in analyst, team leader and management trainee roles.

The cut off for IFMR Chennai is 80%ile in CAT, however students with just short of the cut off can apply as the institute also gives profile based calls based on past academic record and work experience. Shortlisted students are invited for the second stage selection process held in top 12 cities (Delhi, Mumbai, Bangalore, Kolkata, Chennai, Hyderabad, Cochin, Bhubaneshwar, Lucknow, Bhopal, Jaipur& Ahmedabad). The second stage process includes an on the spot writing ability test followed by a personal interview.

Application deadline extended to 22nd February 2014. For more information you can visit :

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All the best
Niharika Mittal