Institute of Finance and International Management
|Type||Private business school|
|Campus||2 acres (0.81 ha)|
|Affiliations||All India Council for Technical Education|
IFIM Business School is promoted by the Dalal Street Investment Journal Group and is an AICTE approved institution with an ISO 9001:2008 certification. IFIM is accredited by Association to Advance Collegiate Schools of Business (AACSB). IFIM is now among the elite 9 B schools in India to have AACSB accreditation. IFIM is also SAQS (South Asian Quality Assurance System) accredited, an accreditation conferred by The Association of Management Development Institutions in South Asia (AMDISA). The most recent work of the IFIM Business School was a study that it conducted in partnership with the National HRD Network (NHRDN), to discover the needs of Industry 4.0 and curate a curriculum aligned to that. The study report that was unveiled on January 8, 2019 in Bangalore at the hands of Dr Tom R. Robinson, President and CEO – AACSB, Dr Jagdish Sheth, Professor – Goizueta Business School, Emory University and Dr A. Parasuraman, Professor and Chair in Marketing – University of Miami Business School, has drawn widespread appreciation from both industry and academia. It is on account of this study that AACSB has invited IFIM Business School to present at the ICAM 2019, making it a one-of-its-kind representation by any Indian management institute in the history of ICAM.
- 1 History
- 2 Accreditation
- 3 Campus
- 3.1 Library
- 3.2 Use of Technology
- 3.3 IBM Business Analytics Laboratory
- 3.4 Prabhudas Lilladher Finance Lab
- 3.5 Centre for Research (CFR)
- 3.6 Centre for Entrepreneurship (CFE)
- 3.7 Centre of Excellence in Banking (CEB)
- 3.8 Centre for Continuous Employability (CCE)
- 3.9 V. B. Padode Centre for Sustainability
- 4 Academic programs
- 4.1 Post Graduate Diploma in Management (PGDM)
- 4.2 Post Graduate Diploma in Management – Finance (PGDM – Finance)
- 4.3 Post Graduate Diploma in Management – International Business (PGDM – International Business)
- 4.4 Executive Education
- 5 Events
- 6 Clubs, societies, and interest groups
- 7 References
- 8 External links
The Institute of Finance and International Management was established in 1995 by the 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 the 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. The institute grew to be a fully fledged Business School by 2004 and was renamed as the IFIM Business School.
IFIM is an AICTE approved institute which is also ISO 9001:2008 certified. IFIM's programs have also been approved by the Distance Education Bureau, a department of the University Grants Commission (UGC) to offer its programs in distance mode. The PGDM Finance is recognised by the CFA Institute under its University Recognition Program.
IFIM is accredited by SAQS (South Asian Quality Assurance System) accreditation, a certification conferred by The Association of Management Development Institutions in South Asia (AMDISA). IFIM is accredited by Association to Advance Collegiate Schools of Business (AACSB). Three of the business schools with AACSB accreditation from India, namely IFIM Bangalore, IIM Udaipur and ISB are in existence for less than twenty-five years
Rankings and awards
IFIM rankings as per various surveys and magazines are:
- Ranked No. 15 in India amongst Best Private B-schools by Careers360, 2017
- Ranked No.26 in India amongst Best Business Schools by Business India, 2016
- Gold Award winner at the 7th Indian Management Conclave, 2016 at IIM Ahmedabad
- Ranked amongst the Top 3 Business Schools in Bangalore by Outlook (magazine), 2016
- Best Higher Education Institute of the Year-South by ASSOCHAM, 2016
- Recognized amongst ‘World's Greatest Brands 2016’ by United Research Services, UAE
- Honoured as an Outstanding Business School (South) at the National Education Awards, 2015
- Certified as ‘Global League Institution’ by Great Place to Study Research Institute, UK
- Recognized as the Most promising B-School with Excellent Industry Interface at the Asia Education Summit 2015
IFIM maintains collaborations with ESC Rennes School of Business, University of Applied Sciences, Lübeck, Virginia Commonwealth University, Manchester Metropolitan University, University of Milano-Bicocca, Nanyang Technological University, University of Wollongong and Plymouth University. IFIM to offer super-specializations in the new age areas where technology is disrupting the business world. To achieve the same IFIM Shall collaborate with McCombs School of Business at the University of Texas at Austin for Big Data Analytics and Blockchain, Darden School of Business at the University of Virginia for MarTech, Virginia Commonwealth University (VCU) School of Business for Financial Analysis and Technology and ESCP London for Digital Transformation and Robotic Process Automation
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 co-ed student residences 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.
The 3,000 ft² library on campus holds 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 newspapers. The library subscribes to over 80 journals or periodicals, 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.
Use of Technology
IFIM Business School has been recognised for implementing technology in streamlining the institution's processes. It has also been awarded to use technology's efficiency in enhancing educational and extracurricular activities. IFIM has deployed multiple applications to cater for various activities across the campus. The institution has received a recognition in Microsoft's case study on technological implementation.
IFIM has developed the Keep Learning Platform, an umbrella under which all the various platforms that the institution uses, been assimilated. The applications that the B-school now uses include CampusLabs ERP for administration requirements, D2L Brightspace for academic delivery, @Workplace for social, and Office 365 for collaboration.
IBM Business Analytics Laboratory
IBM and IFIM Business School have collaborated to help students 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.
IBM Business Analytics Lab 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 in the global marketplace. The program brings together the latest software content, real-world industry experiences, hands-on lab course, best practices and case studies into a single education program. Completion of the track is marked by a certificate from IBM.
Prabhudas Lilladher Finance Lab
Prabhudas Lilladher Finance Lab 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 tools and techniques used in the industry such as: trading terminals, statistical packages (R or SAS), Analytical tools – Factset, Technical Analysis – Metastock or F-Charts etc. It was started in collaboration with Prabhudas Liladher, one of the largest brokerage firms in India.
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.
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.
Centre of Excellence in Banking (CEB)
Centre of Excellence in Banking was established to undertake teaching, training & extension in the field of law and regulation governing banking.
Centre for Continuous Employability (CCE)
CCE facilitates alignment of academic curriculum to the industry needs.
V. B. Padode Centre for Sustainability
IFIM has set up 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.
IFIM offerss the 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 300.
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). Additionally, this course is approved by the CFA (Chartered Financial Analyst) Institute, USA University Recognition Program.
Post Graduate Diploma in Management – International Business (PGDM – International Business)
A two-year full-time program with an option of term-abroad with international partner B-Schools to facilitate student/faculty exchanges, collaborative research and consultancy assignments, and joint degree programs.
PGDM for Working Professionals
PGDM is a 24-month PGDM program for working executives. It is designed for people from junior & middle management, with 2–6 years of executive work experience.
PGDM-Work Integrated Learning Program (WILP)
WILP is a 24-month PGDM program in which a corporate internship is integrated into the curriculum and forms an integral part of academic learning. The program offers students an opportunity to pursue their studies while they intern with a company and earn a stipend. IFIM facilitates the internship with leading corporate partners.
EPGDM in Business Analytics
An EPGDM Program specially designed for executives, with the convenience of weekend classes.
Certificate in Entrepreneurship Management
The program will have all the needs and benefits that are necessary for one to start a new venture.
PG Certificate in Global Financial Markets
The PGCP-GFM is an 11-month, full-time program divided into 4 quadmesters with 900 hours of intensive training and an immersion in Singapore.
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 is a platform to bring educationists and practicing communities of different areas together in order to exchange opinions on a given theme. The Startup Convergence’ is a two-day catalytic event aimed at bringing together people from various verticals of the startup ecosystem to deliberate on issues related to entrepreneurship.
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'. In 2013 some 400 people from different walks of life participated.
Clubs, societies, and interest groups
- Student Council
- Toastmasters Club
- PlaceCom – Placement Committee
- V4U – HR Club
- Quizbizz – Quiz Club
- Marketing Club
- Alpha – Finance Club
- MRC – Media Relations Club
- ARC – Alumni Relations Committee
- CSR – Corporate Social Responsibility
- "City B-school gets top rating - Bangalore Mirror -". Bangalore Mirror. Retrieved 22 March 2018.
- "List of AACSB-Accredited Business Schools & Universities". www.aacsb.edu. Retrieved 22 March 2018.
- "AACSB-Accredited Universities and Business Schools - AACSB (India)". www.mbauniverse.com. Retrieved 1 December 2018.
- "List of Schools Granted SAQS Accreditation". amdisa.org.
- "Industry 4.0 And MBA Education: IFIM-NHRDN study | MBAUniverse.com". www.mbauniverse.com. Retrieved 8 July 2019.
- "IFIM Business School Bangalore set to raise the India Flag at the AACSB's ICAM 2019 | MBAUniverse.com". www.mbauniverse.com. Retrieved 28 June 2019.
- "List of approved institutes" (PDF). www.aicte-india.org. 2015. Retrieved 13 May 2019.
- "RECOGNITION ACCORDED TO UNIVERSITIES / INSTITUTIONS FOR OFFERING PROGRAMMES THROUGH DISTANCE MODE" (PDF). www.ugc.ac.in. 26 June 2014. Retrieved 13 May 2019.
- "Recognition Program for Universities".
- "IFIM Business School – Top B School in India | Institute of Business Management". Ifimbschool.com. Retrieved 1 June 2014.
- "List of Schools Granted SAQS Accreditation".
- https://www.careers360.com. "Changing Landscape of Business Education in India: Management Education 4.0 aligned to Industry 4.0". news.careers360.com. Retrieved 28 June 2019.
- "Top MBA Colleges in India 2017". bschool.careers360.com.
- "IFIM to offer New Age Super-Specializations in MarTech, FinTech | MBAUniverse.com". www.mbauniverse.com. Retrieved 4 July 2019.
- "IFIM Business School's Microsoft Journey". Microsoft Customers Stories.
- "Print News: IBM collaborates with IFIM Business School". Indiainfoline.com. 9 May 2013. Retrieved 1 June 2014.
- "Blogs | Future innovation needs T-shaped skills". The Work Foundation. 24 July 2012. Retrieved 1 June 2014.
- "Campus roundup: Series of IIMA alumni reunion at the campus". Financial Express. 16 December 2013. Retrieved 1 June 2014.
- "V4U – IFIM HR Club". v4uhrclub.blogspot.in.
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- aicte-india.org (PDF)