About IIF Business School 🏛️
IIF Business School (IIFBS) is a Private Institute operating under the Jyoti Foundation, benefiting from the academic lineage of the Indian Institute of Finance (IIF). Located in Knowledge Park III, Greater Noida, IIFBS offers management programs approved by the AICTE and affiliated with Dr. A.P.J. Abdul Kalam Technical University (AKTU), Lucknow. It is known for its specialized focus on Finance education.
Key Information at a Glance 📊
| Attribute | Details |
|---|---|
| Establishment Year | 2019 (Affiliation with AKTU) |
| Affiliation | AKTU, Lucknow |
| Total Fees (MBA Approx.) | ₹1.92 Lakhs - ₹4.0 Lakhs (Total Tuition for 2 Years, AKTU Affiliated) |
| Flagship Programs | Master of Business Administration (MBA), MBA++ (with Study Tour), B.Voc. (BFSI) |
| Highest Package (Reported) | ₹15 LPA - ₹18 LPA (Group/International Max) |
| Average Package (Reported) | ₹3.5 LPA - ₹4.5 LPA (Estimated Average) |
| Top Entrance Exams | CAT, MAT, CMAT, CUET-PG |
| Approvals | AICTE, UGC (via AKTU) |
Courses Offered & Fee Structure 🎓
IIFBS offers programs focused on Banking, Finance, and Management. The tuition fee for the regular MBA course is notably low due to state/affiliation regulations, offering a high Return on Investment (ROI).
| Course Name | Duration | Total Tuition Fees (Approx.) | Affiliation |
|---|---|---|---|
| Master of Business Administration (MBA) | 2 Years | ₹1.92 Lakhs | AKTU (AICTE Approved) |
| MBA++ (International & Domestic Study Tours) | 2 Years | ₹6.00 Lakhs | AKTU (AICTE Approved) |
| B.Voc. (Banking & Financial Services - BFSI) | 3 Years | N/A | AKTU |
| Executive MBA / Management of Business Finance (MBF) | Variable | N/A | Autonomous/IIF |
Note: The total tuition fee for the regular MBA program is significantly affordable. Additional charges like Admission Fee (₹5,000) and Security Deposit (₹20,000) are separate.
Admissions Process & Eligibility 📝
Admission to the MBA program is based on national entrance exam scores, followed by AKTU's centralized counselling or institute-level GD/PI rounds.
- Eligibility: Graduation (10+2+3) with a minimum of 50% marks (45% for SC/ST/OBC). Final year students are eligible.
- Entrance Exams: Valid score in CAT / MAT / CMAT / XAT / GMAT or **CUET-PG**.
- Selection Process: Final selection is based on the entrance exam score, academic record, work experience, and performance in the Group Discussion (GD) and Personal Interview (PI) conducted by the institute.
- Counselling: Regular seats are filled through the state's centralized counselling (UPTAC/AKTU Counselling).
Placements & Career Prospects 📈
IIFBS claims a strong placement record, leveraging its close academic ties with the Indian Institute of Finance, which has extensive linkages with the BFSI (Banking, Financial Services, and Insurance) sector. Graduates are placed in various roles, primarily focused on finance and consulting. This visual would emphasize the finance specialization and career path.
| Particulars | Statistics (Reported Max) |
|---|---|
| Highest Salary Offered (Group Max) | ₹15 LPA - ₹18 LPA |
| Average Salary Offered (Estimated) | ₹3.5 LPA - ₹4.5 LPA |
| Top Recruiting Sectors | Banking & Financial Services (BFSI), Consulting, Audit/Accountancy, NBFCs, Mutual Funds |
| Major Recruiters | Bank of America, HDFC Bank, CRISIL, SEBI, Ranbaxy, Reliance Industries, Voltas, Wipro (Past Recruiters) |
Recruitment Highlights
- Job Offers: Students often receive multiple offers, even before completing their final semester.
- Specialized Roles: Manager, Financial Advisor, Credit Analyst, and roles in brokerage firms and mutual funds.
- Strong Alumni Base: IIF alumni hold senior positions in major Banks, Financial Institutions, and Corporates globally.