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

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.