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Coordinates: 12°50′58″N 77°39′46″W / 12.849575°N 77.662686°W / 12.849575; -77.662686
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IFIM Business School
File:IFIM Business School Logo.jpg
TypePrivate business school
Established1995; 29 years ago (1995)
DirectorDr. Madhumita Chatterji
Postgraduates240
Location, ,
12°50′58″N 77°39′46″W / 12.849575°N 77.662686°W / 12.849575; -77.662686
Campus2 acres (0.0081 km2)
Colors  Amber
  Grey
AffiliationsAll India Council for Technical Education
Website[1]

The Institute of Finance and International Management (or IFIM) is a business school in India. It was founded in 1995 and is located in Bangalore, popularly known as the Silicon Valley of India. The institute is located in Electronic City, one of India's largest industrial parks.

IFIM is promoted by the Dalal Street Investment Journal Group and is an AICTE approved institution with an ISO 9001:2008 certification. IFIM is a member of Association to Advance Collegiate Schools of Business (AACSB) and currently pursuing accreditation from AACSB. IFIM is also pursuing SAQS (South Asian Quality Assurance System) accreditation, an accreditation conferred by The Association of Management Development Institutions in South Asia (AMDISA).

History

Institute of Finance and International Management was established in the year 1995 by Center for Developmental Education (CDE), a not for profit society registered under the Karnataka Society Registration Act. This institute was established to develop finance and management professionals for financial services industry of India which was growing at a rapid pace post liberalization in the country. The institute's diploma offering was recognized by AICTE from the day of its inception.

File:Centre for Developmental Education Logo.png
CDE Logo

The institute grew up to be a fully fledged Business School by 2004 and was rechristened as IFIM Business School.

Accreditation

Approved

IFIM is an AICTE [1] approved institute which is also ISO 9001:2008 certified. IFIM's programs have also been approved by Distance Education Bureau,[2] a department of University Grants Commission (UGC) to offer its programs in distance mode.

Pursuing

IFIM [3] is in the advance stages of SAQS (South Asian Quality Assurance System) accreditation, a certification conferred by The Association of Management Development Institutions in South Asia (AMDISA).

File:AACSB.jpg
AACSB

IFIM is also a member of Association to Advance Collegiate Schools of Business (AACSB) and currently pursuing endorsement from AACSB.

Rankings and awards

IFIM rankings as per various surveys and magazines are

  • Career360 has ranked IFIM as no 17 among Top Private B-Schools in India [4] in 2014
  • MBA Universe has ranked IFIM as No. 31 [5] among all B-schools across India in 2013
  • NHRDN – People Matters Survey had positioned IFIM at No. 28 across all b-schools [6] in India in 2013
  • Bangalore Management Association declared IFIM as B-school of the Year [7] in 2013
  • IFIM was felicitated for Effective Industry - Institute Engagement [8] at Indian Management Conclave 2013
  • Outlook ranked IFIM as No 1 private b-school in Bangalore [9] in 2012

International Collaborations

IFIM maintains international collaborations with ESC Rennes School of Business, University of Applied Sciences, Lubeck, Virginia Commonwealth University, Manchester Metropolitan University, University of Milano-Bicocca and Plymouth University

Campus

IFIM Campus in Bangalore

IFIM's institutional campus has over 110,000 square feet of constructed space spread over 1.5 acres of land in Electronic City in Bangalore. IFIM's residential campus has student residences for both boys and girls spread across a 2.20 acre campus which is located about 2 km from the institutional campus behind Electronics City. The campus has air-conditioned auditorium and Knowledge Centers consisting of modern Library and Computer Centers.

IFIM Residential Building

Library

The Library on campus is spread over 3,000 sq ft with 11080 relevant books, 381 bound volumes, 400 A/V Resources, 118 Journals (Print), 5000+ E- Journals, 18000+ E-Dissertation, 4500 E-Annual reports and 11 News papers. The library subscribes to over 80 journals/periodicals, contains over 8,000 books and has an extensive collection of reports and projects. Faculty and students can access the online journals - current as well as retrospective - through the electronic database.

IBM Business Analytics Laboratory

IBM and IFIM Business School have collaborated to help students enhance their skills in areas of managerial decision-making and strategy. This program, initiated by Career Education for Business Transformation (CEBT), focuses on the major areas of business transformation where software plays a critical role.

File:IFIM & IBM Business Analytics Lab.jpg
IFIM & IBM Business Analytics Lab

IBM Business Analytics Lab [10] has been set within the IFIM campus, where IBM will provide relevant software for CEBT training, to address the increasing need for T Shaped skills [11] in the global market place. The program brings together the latest software content, real-world industry experiences, hands on lab course, best practices and case studies all into a single education program. All students and faculty members, who successfully complete the track and specialization courses, receive certificates from IBM.

Prabhudas Lilladher Finance Lab

Prabhudas Lilladher Finance Lab[12] aims to serve as a host of practical knowledge and real world examples to complement the ‘in class’ theoretical learning experience, thereby helping students gain a wider acceptance in the financial world. The lab is a central place for students to learn all the essential tools and techniques used in the industry such as: trading terminals, statistical packages (R or SAS), Analytical tool – Factset, Technical AnalysisMetastock or F-Charts etc.

Centre for Research (CFR)

CFR encourages faculty members, in association with students, to take on research work in the field of management. It facilitates research activities (both theoretical and empirical) that are relevant to the industry and management studies in general.

File:Centre for Entrepreneurship (CFE).jpg
Centre for Entrepreneurship (CFE)

Centre for Entrepreneurship (CFE)

CFE incubates and facilitates enterprising activities (sessions and engagement) for potential entrepreneurs. It provides a platform for successful entrepreneurs to share their success stories with the budding aspirants and develops the content, case studies, and research pertaining to entrepreneurship.

V. B. Padode Centre for Sustainability

File:V. B. Padode Centre for Sustainability (VBPCS).jpg
V. B. Padode Centre for Sustainability (VBPCS)

IFIM has setup V. B. Padode Center for Sustainability in collaboration with Infosys. The Sustainability Center aims to develop a holistic, practical and creative approach to education and sensitize managers towards social issues.

Academic programs

IFIM offers following programs

Post Graduate Diploma in Management (PGDM)

The Post Graduate Diploma in Management at IFIM is a two year full-time program. It is approved by the All India Council for Technical Education (AICTE). The program offers specialization in Finance, Marketing, HR, Operations or Strategy. The course includes a 4.5 months Industry Internship Program (IIP) after completion of fifth semester. The intake for the program is 120.

Post Graduate Diploma in Management – Finance (PGDM – Finance)

The Post Graduate Diploma in Management – Finance at IFIM is a two year full-time program. It is approved by the All India Council for Technical Education (AICTE). The program offers electives to build expertise across verticals like Financial Markets, Banking, Valuations and Insurance. The course includes 4.5 months Industry Internship Program (IIP) after completion of fifth semester. The intake for the program is 60.

Post Graduate Diploma in International Business (PGDM – IB)

The Post Graduate Diploma in Management in International Business at IFIM is a two year full-time program. It is approved by the All India Council for Technical Education (AICTE). The program includes a term abroad with AACSB accredited colleges: ESC Rennes School of Business, Paris, France or Virginia Commonwealth University (VCU) School of Business, Richmond, USA. Students have an option to choose one of these two institutes. The course also includes 4.5 months Industry Internship Program (IIP) after completion of fifth semester. The intake for the program is 60.

Events

Naman

Naman is an annual management and cultural festival organized by students of IFIM. It is a national level event which sees participation from b-schools across India.

Convergence

Convergence is a platform to bring educationists and practicing communities of different areas together in order to exchange opinions on a given theme. The event has been organized for past 5 years. The theme for Convergence 2014 is ETHICAL LEADERSHIP: THE INDIAN WAY.

Kanyathon

Kanyathon, the annual marathon to save girl child

IFIM Business School, in association with S.A.F.E. (Students Against Female Exploitation), an organization formed by the students of IFIM, conduct walkathon every year. The cause of the walkathon is 'Save the Girl Child'. The event saw participation of 400 people from different walks of life in the year 2013.

Clubs, societies, and interest groups

  • Students’ Council
  • PlaceCom – Placement Committee
  • Marketing Club
  • Alpha – Finance Club
  • MRC – Media Relations Club
  • ARC – Alumni Relations Committee
  • CSR – Corporate Social Responsibility

References

  1. ^ http://www.aicte-india.org/downloads/MGMT/KARNATAKA_MGMT.pdf
  2. ^ http://www.ugc.ac.in/deb/pdf/Recognitionsaccordedunivandinsts.pdf
  3. ^ "IFIM Business School - Top B School in India | Institute of Business Management". Ifimbschool.com. Retrieved 2014-06-01.
  4. ^ E-mail * (2014-05-05). "Top 100 B-schools in India 2014". Bschool.careers360.com. Retrieved 2014-06-01.
  5. ^ "B School Rankings 2013, B School Rankings, top business schools, business school rankings, top 10 ranking, business schools ranking, b school india". Mbauniverse.com. 2012-11-27. Retrieved 2014-06-01.
  6. ^ "Article: The NHRDN-People Matters B-School Rankings 2013: B-School write-ups — People Matters". Peoplematters.in. Retrieved 2014-06-01.
  7. ^ "BMA 60th Anniversary Awards | Bangalore Management Association". Bmabangalore.com. 2013-06-06. Retrieved 2014-06-01.
  8. ^ "Shashi Tharoor Awards 10 Bschools For Best Practices In Management Education". Businessworld.in. 2013-08-06. Retrieved 2014-06-01.
  9. ^ http://www.mdraonline.com/Outlook_MDRA_B_SchoolRanking2012.pdf
  10. ^ "Print News: IBM collaborates with IFIM Business School". Indiainfoline.com. 2013-05-09. Retrieved 2014-06-01.
  11. ^ "Blogs | Future innovation needs T- shaped skills". The Work Foundation. 2012-07-24. Retrieved 2014-06-01.
  12. ^ "Campus roundup: Series of IIMA alumni reunion at the campus". Financial Express. 2013-12-16. Retrieved 2014-06-01.