Institute for Financial Management and Research

The Institute for Financial Management and Research (IFMR), Chennai, India, is a business school located in Chennai, Tamil Nadu, India. It was established in 1970. IFMR is recognized as an Institution of National Importance by the Ministry of Finance. IFMR is an approved institution by the University of Madras for pursuing a Ph.D. degree in Finance and Economics.

History

Established in 1970 as a non-profit organization, IFMR, Chennai was sponsored by ICICI, the House of Kotharis and other major industrial groups. The Board of Governors includes leaders of major corporations in India.

Programs

• 2-year full time program - Postgraduate Diploma in Management.
• 2-year full time program - Postgraduate Diploma in Management - Financial Engineering.
• 2-year full time program - Postgraduate Diploma in Management - Development and Sustainable Finance.
• 3-year part time program – Postgraduate Diploma in Business Management.
• PhD Program.
• Executive Training - Management Development Programs for executives, Customized Training Programs and Consulting.

Campus

The campus of IFMR is located in Nungambakkam, Chennai. The campus is wifi enabled and class rooms and offices are equipped with Air Conditioners. Other facilities includes Library, Trading floor, Gym. The campus also have hostel facilities for its students The trading floor is the outcome of an MoU between IFMR and National Commodity & Derivatives Exchange Limited (NCDEX), a professionally managed, online multi-commodity exchange set up by national level institutions.

Research Centers at IFMR

The 7 research centers set up by IFMR are:

• Centre for Micro Finance (CMF): CMF’s mission is to help improve access to and quality of financial services for the poor in India through rigorous research, knowledge dissemination and evidence-based policy outreach.

• Centre for Development Finance (CDF): CDF is an action research center focused on improving governments’ and markets’ capacity to channel finance into sustainable, holistic development.

• Small Enterprise Finance Centre (SEFC): SEFC seeks to develop a vibrant SME sector through sustained advancement of research and practice of SME financing and growth in India by conducting and facilitating rigorous research programs in cooperation with first class researchers and institutions worldwide.

• Centre for Insurance & Risk Management (CIRM): CIRM aims to develop risk mitigating instruments like insurance, derivatives and investments to reduce the vulnerability of the poor to the many risks they face.

• Center for Advanced Financial Studies (CAFS): CAFS develops tools and concepts appropriate to market conditions in India and other emerging markets, provides research-based unbiased policy advice, and conducts post graduate programs that provide a comprehensive introduction to the theory and practice of modern finance. CAFS is also involved in executive education programs to bring the best current finance practices to professionals and tailor them to the needs of specific organizations.

• Centre for Innovative Financial Design (CIFD): CIFD works at the intersection of research and action to create and test financial products that bridge the gap between the financial needs and the financial access of the poor. To ensure the success and scalability of ideas, CIFD’s work follows a cycle of design, pilot test and disseminate.

• Jameel Poverty Action Lab (J-PAL) South Asia: J-PAL South Asia seeks to improve the effectiveness of poverty programs in South Asia by providing policy makers with clear scientific results that help shape successful policies to combat poverty.

Recognition

IFMR was ranked 10th by Outlook Magazine(Sept 2007 issue) among private B-schools in India and in intellectual capital^[1]

References

External links

• IFMR homepage
• Samarthan Club Homepage
• Abhyudaya homepage
• IFMR Trust's homepage