04 February 2011

PGDM Applications Open. Last date for submission extended to February 11, 2011

The Institute for Financial Management and Research


  • Download Application for PGDM in PDF format.
  • Download Application for PhD in PDF format.
  • Download Prospectus for PGDM in PDF format.
  • Download Brochure for PGDM (PT) in PDF format.


Academic Programs


IFMR’s Post Graduate Diploma in Management (PGDM) program prepares students for a managerial career in various industries. The program offers specialization in Finance, Marketing, HR, IT/Operations.
Full-time (two years) and part-time (three years) PGDM courses are offered.
Program Director: G Balasubramanian
Read more about:

 Click here to download brochure & application

Admissions Helpline

Do you have any doubts about the admission procedure? Would you like to receive more inputs about the program or the institute? Register here and one of our current students will get in touch with you shortly. Alternatively, you can mail your query directly to pgdm@ifmr.ac.in.

Program Overview

IFMR’s unique two-year program in Financial Engineering has been designed to provide management graduates with rigorous training in applied quantitative finance. As financial markets become more integrated and sophisticated, there is a strong demand for graduates who can not only understand and price these products but also measure and manage the risk arising from such products. IFMR’s flagship program in Financial Engineering was launched in year 2005 to meet this demand.
The program is spread over two years; in the first year, the student is exposed to general areas of management such as Corporate Finance, Accounting, Marketing, IT & Operations, Strategy, Organizational Behaviour. This provides a well-rounded training to the aspiring management graduate. The students also undergo a year-long refresher course in Mathematics that covers the basics of Calculus, Linear Algebra, Probability, Statistics etc.
In the second year, advanced Financial Engineering courses are offered; these include Stochastic Calculus for Finance, Asset Pricing, Interest Rate and Credit Risk Models, Financial Risk Measurement, Simulation Techniques, Financial Econometrics etc (details provided below). The curriculum lays strong emphasis on application of quantitative techniques to problems in finance. These courses are taught by some of the finest finance faculty in the country, who are also associated with the Center for Advanced Financial Studies (CAFS) at IFMR.
The alumni of this program are pursuing highly successful careers, both domestically and globally. They are presently working in banks such as Deutsche Bank (Singapore and Mumbai), Barclays, Bank of America, World Bank, ICICI Bank, UBS and other leading consulting/services firms such as Murex (Singapore), Cap Gemini, Irevna.

Academic Programs


IFMR’s Post Graduate Diploma in Management-Development and Sustainable Finance (PGDM-D& SF) program focuses on special problems related to increasing access to finance in emerging market economies and promoting inclusive growth.
The first of its kind in India, IFMR’s PGDM-D&SF program prepares you for a career in development agencies, not-for-profit organizations, micro finance institutions and other organizations working in areas like micro finance, supply chains in agriculture, rural cooperative finance, cooperative management and NGO management.
Full-time (two years) and part-time (three years) PGDM-D&SF courses are offered.
In the first year of the course, students learn general management along with PGDM students. Starting second year, the curriculum is focused towards developmental economics and developmental finance. Students are also involved in live projects.
Program Director: Nilanjan Banik
Read more about:

 Click here to download brochure & application

About Us

The Institute for Financial Management and Research (IFMR), Chennai, is one of India’s top-rated B-schools.
IFMR's intellectual capital is focused on three major areas:

IFMR’s strong focus is on finance.
IFMR was established in 1970 jointly by ICICI, the House of Kotharis and other major industrial groups as a non-profit organization. It is guided by a Board of Governors comprising leaders of Indian business.
One of India’s top-rated B-schools, IFMR is recognized as a social science research institute by the Department of Scientific and Industrial Research, Government of India.
IFMR is recognized as `an institution of national importance’ by the Union Ministry of Finance for tax purposes.
IFMR is a recognized institution of the University of Madras for pursuing PhD degrees in Finance and Economics.
IFMR’s post graduate diploma in management (PGDM) programs are approved by AICTE.

Non-discrimination policy
IFMR is committed to the principle of equal opportunity in education and employment. The Institute does not discriminate against individuals on the basis of religion, caste, sex, race, colour and disability in admissions to its various courses/programs and employment policies.

Board of Governors

One of India’s top-rated B-schools, IFMR is a non-profit organization guided by a Board of Governors, comprising leaders of major corporations in India.
The Finance Secretary, Government of Tamil Nadu, and the Vice Chancellor of the University of Madras are ex-officio board members.
The current members of the board are:

  • N Vaghul, Chairman, Ex-Chairman, ICICI Bank Ltd
  • R Seshasayee, Managing Director, Ashok Leyland Ltd
  • K Gnanadesikan, I.A.S.,Finance Secretary, Government of Tamilnadu
  • B H Kothari, Chairman, HCK Group of Companies
  • N Kumar, Vice Chairman, Sanmar Group
  • G Thiruvasagam, Vice Chancellor, University of Madras
  • Nachiket Mor, President, ICICI Foundation for Inclusive Growth
  • D Sundaram, Vice Chairman & Managing Director, TVS Capital Funds Ltd
  • Surekha Kothari, Former National President, FICCI Ladies Organisation
  • Gopal Srinivasan, Director, TVS Electronics Ltd

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