Admissions

IFIM Law College

Course: B.B.A., LL.B(Full-time; five-year, integrated program)

Affiliated to Karnataka State Law University and approved by Bar Council of India.

Intake: 60 Nos.

Eligibility Criteria:

  • Candidate should have passed +2/PUC or equivalent with a minimum of 45% marks. 5% relaxation is given to SC/ST candidates. The study criteria should belong to 10/SSLC, +2/PUC pattern. The applicant who has passed the prescribed minimum qualification in single sitting examination without having basic qualification is not eligible for admission for 5 years BBA LL.B course.
  • Be or be less than twenty years in case of general category of applicants and less than twenty two years in the case of applicants from SC, ST and other backward communities as on 1st June.
  • The applicants, who have passed the examination from any board of examination other than Karnataka State, shall apply for and obtain the Eligibility Certificate from the Karnataka State Law University, Hubli.

IMPORTANT DATES:

Admission Selection Procedure will take place in the following cities
Jan – Feb 2016 : Delhi, Kolkata, Chennai, Hyderabad and Pune

Candidates are encouraged to apply online at www.ifimcollege.com/law

Must have qualified in any one of the entrance examinations, viz., CLAT, LSAT, AILET or ILAT (IFIM’s Law Admission Test)

Short-listed candidates will be called for a personal interview. The final decision to admit a candidate will be based on the academic record and the performance in personal interview.

The following original documents are required to be submitted by the student at the time of admission:

  • Mark sheet of class X.
  • Mark sheet of class XII.
  • Transfer certificate.
  • Migration certificate in case of non-Karnataka students.
  • Eligibility certificate from KSLU, if applicable.

B.B.A., LL.B

Fees structure and schedule of payment*

Towards Amount (INR)
Registration Fee (Non-refundable) 20,000/-
Tuition Fee  
First Year 70,000/-
Second Year 90,000/-
Third Year 90,000/-
Fourth Year 90,000/-
Fifth Year 90,000/-
Total Fees 4,50,000/-

*subject to change

Note:

  • Tuition Fee payment can be made either through demand draft drawn in favor of “Centre for Developmental Education” payable at Bangalore or Online.
  • Candidates who want to pay the fees in foreign currency can do so by remitting the foreign currency equivalent in INR based on the exchange rate then prevailing.
  • Students are required to pay the University fees (Registration Fee, Examination Fee, Convocation etc.) as applicable.

Boarding and Lodging Charges*

Particulars Amount (INR)
Security Deposit: Hostel Security Deposit must be paid at the time of registration. INR 15,000/-
Hostel Fees:

a. Single Occupancy accommodation for six months with food.

b. Double Occupancy accommodation for six months with food.


INR 67,500/-


INR 60,000/-

*subject to change

Note:

  • Hostel Security Deposit of INR 15,000/- must be paid at the time of registration.
  • Payment can be made either through demand draft drawn in favor of “Centre for Developmental Education” payable at Bangalore or online.
  • Hostel fee is subject to change every year.
  • Hostel rooms are allotted on a first-come-first-serve basis and are subject to availability.
  • Taxes, if any, will have to be borne by the student as per the prevalent rates at the time of making such payments.

IFIM B SCHOOL MANAGEMENT SCHOLARSHIP TALENT REWARD TEST

(IFIM B-SCHOOL M-STAR TEST)

IFIM BUSINESS SCHOOL ANNOUNCES MERIT SCHOLARSHIPS OFFERED BY PADODE FOUNDATION FOR THE PGDM BATCH 2015-17.

The objective is to identify meritorious talent to offer merit scholarship for pursuing Post Graduation in Management Education at IFIM Business School, Bangalore.

Scholarships in the form of fee waiver will be offered to meritorious students, who have appeared for CAT/XAT/GMAT, as per the defined eligibility criteria.

The total number of scholarships to be disbursed is 40. The scholarships will range from 25% to 100% of tuition waiver for deserving candidates. The quantum of grant will be amounting to the tune of INR 1.5 crores. The scholarships will be spread across following categories:

SUPER SCHOLAR

  • Quantum of Scholarship: INR 9.5 L (100% Tuition Fees Waiver)
  • Number of Scholarships: 5
  • The student should have scored 85 percentile and above in the CAT / XAT / GMAT examination.
  • A minimum of First class or equivalent in the UG Degree examination and should have passed the examinations of the Degree program in the first attempt.
  • A minimum of 75% aggregate in 10th and +2 or equivalent examination and should have passed the examination in the first attempt.
  • The student should have applied to IFIM Business School and should have obtained a valid Offer for admission from the institution.
  • The student should have applied for Scholarship at the time of Applying to the institution.
  • Preference to economically challenged

ACADEMIC EXCELLENCE

  • Quantum of Scholarship: INR 4.75 L (50% Tuition Fees Waiver)
  • Number of Scholarships: 5
  • The student should have scored 80 percentile and above in the CAT / XAT / GMAT examination.
  • A minimum of First class or equivalent in the UG Degree examination and should have passed the examinations of the Degree program in the first attempt.
  • A minimum of 75% aggregate in the 10, and +2 or equivalent examination and should have passed the examination in the first attempt.
  • The student should have applied to IFIM Business School and should have obtained a valid Offer for admission from the institution.
  • The student should have applied for Scholarship at the time of Applying to the institution.
  • Preference to economically challenged

ACADEMIC SCHOLAR

  • Quantum of Scholarship: INR 2.35 L (25% Tuition Fees Waiver)
  • Number of Scholarships: 10
  • The student should have scored 70 percentile and above in the CAT / XAT / GMAT examination.
  • A minimum of First class or equivalent in the UG Degree examination and should have passed the examinations of the Degree program in the first attempt.
  • A minimum of 75% aggregate in the 10th and +2 or equivalent examination and should have passed the examination in the first attempt.
  • The student should have applied to IFIM Business School and should have obtained a valid Offer for admission from the institution.
  • The student should have applied for Scholarship at the time of Applying to the institution.
  • Preference to economically challenged

SENA JYOTI

  • Quantum of Scholarship: INR 2.35 L (25% Tuition Fees Waiver)
  • Number of Scholarships: 5
  • The Scholarship will be awarded to the wards of Army / Air force / Navy personnel.
  • The student should have scored 70 percentile and above in the CAT / XAT / GMAT examination.
  • A minimum of First class or equivalent in the UG Degree examination and should have passed the examinations of the Degree program in the first attempt.
  • A minimum of 70% aggregate in the 10, and +2 or equivalent examination and should have passed the examination in the first attempt.
  • The student should have applied to IFIM Business School and should have obtained a valid Offer for admission from the institution.
  • The student should have applied for Scholarship at the time of Applying to the institution.
  • Preference to economically challenged

KANYA SHAKTI

  • Quantum of Scholarship: INR 2.35 L (25% Tuition Fees Waiver)
  • Number of Scholarships: 10
  • The Scholarship will be awarded to Female candidates applying to IFIM.
  • The student should have scored 70 percentile and above in the CAT / XAT / GMAT examination.
  • A minimum of First class or equivalent in the UG Degree examination and should have passed the examinations of the Degree program in the first attempt.
  • A minimum of 70% aggregate in the 10, and +2 or equivalent examination and should have passed the examination in the first attempt.
  • The student should have applied to IFIM Business School and should have obtained a valid Offer for admission from the institution.
  • The student should have applied for Scholarship at the time of Applying to the institution.
  • Preference to economically challenged

EXCELLENCE IN SPORTS AND CULTURAL ACTIVITIES

  • Quantum of Scholarship: INR 2.35 L (25% Tuition Fees Waiver)
  • Number of Scholarships: 5
  • The student should have represented at State, National or District level in sports or Cultural Activities.
  • The student should have scored 60 percentile and above in the CAT / XAT / GMAT examination.
  • A minimum of First class or equivalent in the UG Degree examination and should have passed the examinations of the Degree program in the first attempt.
  • A minimum of 60% aggregate in the 10, and +2 or equivalent examination and should have passed the examination in the first attempt.
  • The student should have applied to IFIM Business School and should have obtained a valid Offer for admission from the institution.
  • The student should have applied for Scholarship at the time of Applying to the institution.
  • Preference to economically challenged

How to apply: Interested candidates need to apply in the prescribed format (IFIM on line Application form) at the website (www.ifimbschool.com) and need to submit all the relevant documents to prove the credentials on or before appearing for the Personal Interviews to be eligible.

The candidates will need to take a pan-India Computer Based Test (CBT) which will test their thinking abilities, decision making skills and managerial capabilities through responses to series of case-lets. Shortlisted candidates will be called for Personal Interviews.

Scholarship Committee, consisting of eminent academicians and leading industrialists, will decide the final merit list for award of scholarships based on the candidate’s performance in test, PI and academic & professional profile. Decision of the committee will be final and binding

Note: If suitable candidates are not found in any of the category, Scholarship Committee is free to choose deserving candidates from any other category or choose not offer any scholarship.

Education Loans

IFIM HAS TIED UP WITH THE FOLLOWING BANKS FOR PROVIDING EDUCATION LOANS FOR THEIR PROGRAMS.

CLICK ON THE RESPECTIVE BANK LOGOS TO VIEW THE MOU.

Education Loan Schemes of SBI & Public Sector Banks
Eligibility Students who have secured admission in Institutions approved as per www.ugc.ac.in / www.aicte.org.in / www.education.nic.in
Quantum of Loan Need based finance subject to repaying capacity of the parents / students upon employment : Range 15-20 Lac
Security for Loan  
For loan up to Rs4.00 lac Parent/ Guardian as co-borrower;
For loan above Rs 4.00 lac & up to Rs. 7.50 Lac: Parent/ Guardian as co-borrower and Collateral security in the form of suitable third party guarantee. Third Party Guarantee can be replaced with Parent/Guardian as co-borrower provided the Gross Annual Income of Parent/Guardian (co-borrower) as given in latest Income Tax Return is 3 times of the loan amount.
For loan above Rs 7.50 lac Parent/ Guardian as co-borrower and tangible collateral security
Margin (Own Contribution)  
For loan up to Rs 4.00 lac Nil
For loan above Rs 4.00 lac & up to Rs. 7.50 lac 5% of loan amount
For loan above Rs 7.50 lac 5% of loan amount
Repayment Loan is repayable after Repayment Holiday / Moratorium which is “Course Period + 1 year” or “6 months after getting job”, whichever is earlier.

Loans up to Rs.7.50 Lac to be repaid within a maximum period of 10 years.

Loans above Rs.7.50 Lac within a maximum period of 15 years after commencement of repayment period.
Documents Required for availing the loan.
  • Completed Education Loan Application Form.
  • Mark sheets of last qualifying examination.
  • Proof of admission scholarship, studentship etc.
  • Schedule of expenses for the specified course.
  • 2 passport size photographs.
  • PAN Card of the student and the Parent/ Guardian.
  • Borrower's Bank account statement for the last six months.
  • Income tax Returns/ IT assessment order, of last 2 yrs (If IT Payee).
  • Brief statement of assets and liabilities, of the parents/ Co-borrower.
  • Proof of Income (i.e. Salary slips/ Form 16 etc. if applicable) of the parents/ Co borrower.
Application of Interest Simple interest during moratorium period. Service interest during moratorium period regularly and avail a special discount of 1.00% in interest rate.
Delivery Channel : The loans are generally processed by the specialized Retail Banking Branches. The Students must approach the bank near their place of permanent residence/ where they have long term banking dealings. These branches will recommend their names to the specialized branches.
On-line application facility. Most of the Banks have On-Line application facility.
Value added Service Some Banks offer FREE Debit Card
Insurance Group Life Insurance Cover to the extent of loan liability for entire repayment period is available.
Others
  • The parent / guardian would become co-borrower with the student.
  • Education Loan would be sanctioned preferably through branches / RBBs/ CRBBs nearest to the place of residence of parents.
  • Second time education loan is available for higher studies / escalation of cost.
Expenses Generally Considered for Loan
  • Fee payable to College / School /Hostel.
  • Examination/Library/Laboratory
  • Fee. Purchase of Books / Equipments/ Instruments/ Uniforms Purchase of Computers essential for completion of the course at reasonable cost.
  • Caution Deposit/ Building Fund/ Refundable Deposit supported by Bills/Receipts of the Institution, subject to the conditions that amount does not exceed 10% of the total tuition fees for the entire course.
  • Insurance premium for student borrower.
  • Any other expenses required to complete the course, such as- Study Tours, Project Work, and Thesis etc. Reimbursement of the fee paid at the time of counseling if applied within 60 days from the date of such payment.
General Instructions for Students/ Parents/ Guardians
  • Education Loan would be sanctioned through branches of banks nearest to the place of residence of parents. These will not be sanctioned by any bank on behalf of the institute.
  • Banks have a policy to give education loans as per RBI & Government guidelines. But sanction of the loans depends upon the discretion of the Branch Manager of the bank. Students/ parents/ guardians may find that sometimes the local branch managers are reticent in giving loans. This attitude may be based on their past experience with students who have not repaid their loans in time. The applicant may ensure that they put up credentials of their genuine intentions and background to win the confidence of the Branch Managers.
  • Banks generally take 2-3 weeks to process & sanction education loans.
  • The applicant may keep its documents ready to reduce the period involved.
  • Banks may under take background check of the applicant by local enquiries/ from Credit Information Bureau of India (CIBIL). The credit history of the residents is captured by CIBIL. Defaults made by the residents in their bank loan repayments and defaults in utility bill payments mean adverse CIBIL reports.
  • Applicant must ensure that he/she has clean CIBIL report.

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