IFIM Institutions


We guide students to engage their inner motivation, independence and self-confidence that will enable them to reach their full potential and, to become competitive from within.

Changing times need flexible and adaptive measures which are responsive to the growing needs of the society. The existing models of mainstream education in India are often deemed out-dated, rigid and out of sync with a rapidly changing world. Many areas and disciplines of study still seem yet untapped. Conventional institutes can only do so much to go beyond the old rote-based system of memorization which renders students unable to think differently or excel in multiple skills.

This has possibly lead to the huge gap between the expectation of the society and the quality of education that is being imparted.

The IFIM believes that to stay abreast of a continually evolving global ethos our children require an education which grooms them into independent and able human beings who are competent to take on the world and all its challenges with skill and confidence.

Mission and Vision

Vision and Mission

Mission - Nurture holistic, socially responsible and continuously employable professionals.

Vision - To be the most sought after destination for quality management education in India.

Spirit, Values & Quality Policy

Vision and Mission

Our Spirit - Inspired Family Igniting Minds

Inspired Family - A purpose driven, peak performing, well-knit family of students, parents, alumni, faculty, staff and management.

Igniting Minds - Energizing and stimulating the quest for learning to be continuously employable.

Our Values

- Genuine Transparency
- Unity through Belonging
- Relentless pursuit of perfection
- Unstoppable Dynamism


Board of Governors & Board of Studies
Mr. V. B. Padode
Chairman - CDE Society
Chief Editor - DSIJ
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Mr. Sanjay Padode
Secretary - CDE Society Bangalore
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Mr. Rajesh Padode
Managing Director
DSIJ Private Ltd.
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Dr. R. S. Nirjar
Executive Chairman - Board of Governors,
Vice Chancellor (Retd.)
Gautam Buddha University

Mr. Mike Shah
President & CEO
M. S. Enterprises, Bangalore

Mr. Devi Singh
Leadership Member
Flame University

Dr. Padmasri Pritam Singh
Ex-Director General of IMI

Dr. Vyakarnam Anjaneya Sastry
Director - MUSA Software Engineering

Padma Bhushan Mr. Ajai Chowdhry
Founder & Former Chairman
HCL Infosystems Ltd.

Mr. Ajai Chowdhry, one of the six founder members of HCL began an exciting journey more than three decades ago with a dream to give India its very own microcomputer. The sheer clarity of vision and hard work led to a revolution and laid the foundation for the Indian IT industry, taking India to the league of major economies of the world.

HCL, India’s original IT garage start-up founded in 1976, today is an Rs 38,000 crores (US $6.5 bn) global enterprise and Mr. Ajai Chowdhry has been a key force in driving the growth of HCL. He led the foundation of HCL's overseas operations, starting with Singapore in 1980s and later expanded to the other South Asian Markets. Mr. Chowdhry, son of an IAS officer, has also been a key force in driving the growth of HCL Infosystems, the flagship company of the group. He took over the reins of HCL Infosystems in early 90s and became the Chairman of the company in 1999. His leadership infused tremendous energy taking the company from a turnover of Rs. 400.6 crores (US $ 89 mn) in 1994 to Rs.11, 542 crores (US $ 2.6 bn). The company today has emerged as the country’s information-enabling powerhouse and was also awarded ‘Business Superbrands’ by The Brand Council and rated the Most Trusted Indian IT Brand by Economic Times in 2010-11.

Mr. Ajai Chowdhry has constantly been driving a vision of “IT for the masses” and has been on several Government committees working towards taking PC and broadband into every village in India. It was this vision that made HCL Infosystems the first company in India to create special products for the rural market place like a rural PC that works on a car battery or specially developed financial inclusion software and hardware products. He is the Chairman of the Electronics Skills Council and Member of the Scientific Advisory Committee to Cabinet (SAC – C). Mr Chowdhry is also currently the Co-Chairman of the Working Group for Development of Innovation and IP in the ESDM sector.

In 2011, the Hon’ble President of India conferred Mr Ajai Chowdhry with the prestigious Padma Bhushan, one of the highest civilian honours, as recognition of his consistent contribution in building the IT industry of the nation. In cognizance of his key role in championing the cause of the domestic Indian IT market Mr. Chowdhry has been awarded the DATAQUEST ‘IT Person of the Year 2007’ Award and ‘Electronics Man of the Year’ by ELCINA-EFY for the year 2010. He was also honoured with the CNBC Asia Business Award 2010 for the Viewers Choice category reinforcing his vision and leadership by the common man. He was awarded the "India Innovator of the Year Award" by then Hon’ble Finance Minister, Shri Pranab Mukherjee at the 6th edition of CNBC TV18 India Business Leader Awards 2010. Mr. Chowdhry was honoured with the Cybermedia Business ICT Award 2013 for Lifetime Achievement in ICT by Shri Narendra Modi in January 2014. Most recently, in August 2014, he has been awarded Honoris Causa (D. Sc.) by the Indian Institute of Information Technology, Design & Manufacturing, Jabalpur in recognition of the significant contribution he has made to the Indian IT industry and thought leadership in the field.

Gifted with a pedant sense of entrepreneurship, Mr. Ajai Chowdhry has been enlisted among ‘India's Most Powerful Brand Builders’ and has been adjudged among ‘India Inc’s Most Powerful CEOs’ by The Economic Times. Presently, Mr. Chowdhry is focusing on incubating entrepreneurship by aiding start-ups. He continues to give back to the society through his in-depth experience and understanding of the industry. He is currently teaching entrepreneurship at IIT Hyderabad and has also been appointed as Chairman of IIT-Patna by the Hon’ble President of India, Shri Pranab Mukherjee. He is also the Board Member of the incubation centre at Indian Angel Network (IAN) and IIT Delhi.

Mr Ajai Chowdhry has also always focused on giving back to the society and this is not limited to his role in contributing to the Indian IT scenario but also several social initiatives he is a part of. He set up a Charitable Trust called ‘Swayam’ which is committed to provide education support to deserving children of various HCL employees who cannot afford good education. Besides, he is also the Board member of Population Foundation of India and a Trustee of SaveLife Foundation and plays an important advisory role in their advocacy efforts.

Mr. Ajai Chowdhry has a bachelor's degree in Electronics and Telecommunication Engineering from Jabalpur Engineering College, and attended the Executive Programme at the School of Business Administration at the University of Michigan, US. Mr. Ajai Chowdhry is an avid reader and fond of Jazz and fine arts. He lives with his wife Kunkun in New Delhi.

Dr. Chandra Bhushan Sharma
National Institute of Open Schooling

Dr. M. R. Gopalan

Educational Qualification:
B.E.(Mechanical, Annamalai University), D.I.I.T (Industrial Engineering, IIT–Chennai), M.Sc (Engineering Production & Management, University of Birmingham, UK), Fellow in Management (Equivalent to PH.D., IIM A)

Subject Taught:
Operations Management
Service Operations Management
Project Management
Quality Management
Supply Chain Management.

Research Interest / Consulting Area:
Project Management
Operations Management
Service Operations Management
Supply Chain Mgmt.

Academic Work experience:
More than 35 years ( 25 years at IIM B, 8 years at IFIM)

Corporate work experience:
Four years

Also teaches/taught at :
IIM B in the PGP & Executive Programs

Mr. Rakesh Bamzai
SVP and President Commercial India and Emerging Markets
Mylan Pharmaceuticals Ltd.

Dr. Eileen Peacock
Former SVP and Chief Officer Asia Pacific
AACSB International

Dr. Bibek Banerjee
Senior Dean
Strategy & Planning University Office Ahmedabad University

Prof. (Dr.) Ranbir Singh
Founder and Vice Chancellor
NLU, Delhi
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Dr Atish Chattopadhyay Director
IFIM Business School

Dr. M. Rammohan Rao
Former Dean - ISB

Dr. Bibek Banerjee
Senior Dean
Strategy & Planning
University Office
Ahmedabad University

Mr. Maheshwer Peri

Dr. B. P. Murali
Former Faculty
EDII Member

Mr. V. K. Ivaturi
Crayon Data

Mr. Abdul Majeed J S

Mr. Hemant Kulshreshta

Ms. Sujitha Karnad
Founder & CEO
Sekai Solutions Pvt. Ltd.

Mr. Ravi Garikapati
Chief Technology Officer

Mr. Kanwaljit Singh
Fireside Ventures

Mr. Edwin Moses
Group Vice President

Mr. Abhinanda Sarkar

Mr. Mohankrishnan

Mr. Amol B Mahamuni
Program Director
IBM India

Dr. Kanchan Mukherjee
Associate Professor

Dr. Pankaj Gupta
Vice Dean and Director Jindal Global B-School

Mr. Mithun Appaiah
CEO - Innovative Foods Ltd.
(Sumeru Foods)

Dr. Soumendra K. Dash
Principal Risk Officer
Financial Management
African Development Bank, Tunisia

The economic engine of the country is firing all cylinders. To continuously grow at the desired rate in excess of 8% year on year, it is essential to equip the industry with trained and qualified human resources. IFIM Business School was founded in the post liberalisation era to fulfil this need. The school has served the nation for the last 22 years and has provided the industry with business leaders who are poised to lead the nation into the 21st century.

This journey of 22 years has established IFIM Business School as one of the oldest private schools in the country which has consistently ranked amongst the top 50 in the country. This consistency has been achieved by investing into better faculty year on year and by creating world class infrastructure to impart learning of the highest order.

I credit this success to the faculty of the school which has been continuously endeavouring to innovate on the pedagogy by adopting the best practices available globally. A lot of this has been made possible by some our globally acclaimed partner institutions who helped mentor the school to maintain its ranking amongst the best. The Industry Internship Program offered by IFIM Business School helps our students experience a corporate environment during their tenure as students and helps them prepare for the real world experience. This has been appreciated by the industry as they are able to source “Ready Managers” from this business school. The 100% placement record of the school for the past so many years stands testimony to the success of this program.

The school prepares the student to manage work life balance efficiently. This is done by integrating wellness and personality development into the rigour of the academics. A well looked after physical self definitely helps our students enhance their endurance levels making them long term goal seekers. This coupled with a polished exterior makes them assets for the corporate world.

I am extremely proud to be associated with this institution as I can see the 22 year dream turn to reality of creating business leaders who are all set to Get Ahead in their lives and their respective careers.

With best wishes,
V.B. Padode
C D E Society

Rankings and Awards

IFIM has been consistently ranked amongst the top in B-school ranking surveys.

Ranked No.26 in India amongst Best Business Schools by Business India magazine 2016


IFIM Business School honored at the Education World ‘Higher Education’ Awards 2017-18.


Adjudged as Gold Award winner at the 7th Indian Management Conclave 2016 at IIM Ahmedabad by MBA Universe


Recognized amongst ‘World’s Greatest Brands 2016’ by United Research Services, UAE


Best Higher Education Institute of the Year-South
ASSOCHAM Awards 2016
IFIM Business School, Bangalore was awarded as the ‘Best Higher Education Institute of the Year-South’ at the National Education Excellence Awards 2016, organized by ASSOCHAM India.


Certified as ‘Global League Institution’ by Great Place to Study Research Institute, UK


Best Business School in Bangalore
Brands Achiever Award
IFIM Business School was awarded as the ‘Best Business School in Bangalore’ by Brands Achiever on basis of the significant achievements and contribution it has made to the field of management education.


Outstanding Business School ( South)
National Education Awards
World Education Congress 2015 by ABP News


National Education Excellence Awards 2015
ASSOCHAM awards IFIM Business School for the “Best in Promoting Industry – Academia Interface” at National Education Excellence Awards 2015


World wide Achievers
IFIM Business School Bangalore recognised as the ‘Most promising B-School with Excellent Industry Interface in Karnataka’ at the Asia Education Summit 2015 in New Delhi, organised by World wide Achievers.


Careers360 B-School Ranking 2014 provides you a comprehensive list of top B-Schools in India 2014. The objective of this ranking is to help you know more about the top MBA colleges in India and facilitate you in selecting the best B-School for your MBA.

Bangalore Management Association Awards, 2013
In its 60th anniversary celebration, one of the oldest management associations in India gave away a series of awards to achievers in different fields from the city of Bangalore.

MBA Universe
It is one of the comprehensive and most sought after MBA portal for MBA aspirants, faculty, students and executives.

NHRDN People-Matters Survey, 2013
This ranking is a first of its kind by NHRD which involved more than 30 senior corporate executives in its design and execution.

MBA Universe
It is one of the comprehensive and most sought after MBA portal for MBA aspirants, faculty, students and executives.

The Outlook Survey, 2012
One of India’s general interest magazines conducts B-School surveys annually. The survey is of prime importance to both aspirants of management education and recruiters alike.

IFIM Business School participates only in the following Business School rankings:

MBA Universe

Career 360




centers of Excellence

“Excellence is the gradual result of always striving to do better” - Pat Riley.

In order to become great leaders, it is absolutely essential to inculcate, within students, the habit of striving for the best. In areas of stiff competition - ability, attitude and endurance are true indicators of a student’s potential. As these factors become our area of focus, IFIMB enhances a student’s learning experience by further improving given facilities. Each centre is steered by a Chairperson who is elected among the faculty members.

Centre for Continuous Employability

The Centre for Continuous Employability assists students with career counseling, placements and internships; in addition to managing alumni, corporate relations and innovations in Executive Education.

Centre for Continuous Employability

The centers of Excellence in Entrepreneurship Development helps students and aspiring entrepreneurs with training, mentoring and incubation of start-ups.

IFIM Business School aims to be the most sought after destinations for quality management education and hence in line with this vision, the centers of Excellence for Entrepreneurship Development envisages the following:

Vision: The center aspires to be one of the most sought-after destinations for budding entrepreneurs. The center envisages the percolation of entrepreneurial mindset across the institute leading to a thriving ecosystem for nurturing entrepreneurship.

In line with the mission of IFIM to nurture holistic, socially responsible and continuously employable professionals, the institute’s agenda is to create an ecosystem that allows students to develop into enterprising citizens. This entails creating opportunities for students to learn, experiment and execute their ideas for business ventures that add value to their own environments.

Mission: The Center aims to build an empowering ecosystem that freely admits and nurtures candidates with entrepreneurial mindset by helping them set-up ventures, learn from experiential pedagogy and obtain access to legal, financial and mentoring support.

In pursuit of building such a system, the centers of Excellence - Entrepreneurship Development (COE - ED) at IFIM will pursue the following objectives –

  • Increase number and strengthen quality of entrepreneurial activities on the campus (short terms and long term ventures, campus ventures, talks, panels, workshops etc) to allow percolation of entrepreneurial focus across all programs.
  • Cultivate an ecosystem of supporting mentors, financiers and legal aids.
  • Develop instructive programs that enable budding entrepreneurs to make educated decisions.
  • Develop innovative pedagogies for training entrepreneurs.
  • Develop intellectual capital in the area of entrepreneurship in terms of research, study materials and instruction materials including but not restricted to cases, exercises, activities and simulations.
  • Develop a self-sustaining incubation center.

The CoE – Entrepreneurship Development pursues its objectives in three main verticals -

  • An important pillar of the center is the intellectual capital developed by means of courses and programs offered by the institute. The center aims to attract entrepreneurial minds through the specialized courses offered to students inclined towards entrepreneurship. The idea is to nurture and kindle these minds in to setting up and growing ventures.
  • The central pillar of the center is the incubation center which facilitates and houses the potential start-up entrepreneurs to experiment with their ventures.
  • The third function of the center is to develop a network of experts as mentor, advisors, funder to help incubatees with successfully launching their ventures.

Centre for Continuous Employability

The centers of Excellence in Banking is a knowledge forum imparting understanding about best practices in banking to students and the industry.

Centre for Continuous Employability

The centers of Excellence in Business Analytics helps people understand how to manage large amounts of data and subsequent pattern analysis, opening up a plethora of career options like business analysts, data scientists, information analysts and project managers across verticals.

Centre for Continuous Employability

The Centre for Research guides creation of intellectual capital through publication of papers, development of case studies and presentations at academic conferences.

Centre for Continuous Employability

The V.B. Padode Centre for Sustainability provides a forum for students to undertake CSR and community projects.

Student Testimonials

24 years of leadership development

The journey of IFIM Institutions