Post Graduate Diploma in Management (Banking & Financial Services)

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IMI, Delhi's two year Post Graduate Diploma in Management (Banking & Financial Services) is designed to cater to the growing needs of management professionals for Banking and Financial Services industry. The program is aimed to develop high quality management professionals equipped with technical and managerial competency with a global mind set. The focus of the program is to develop a holistic and integrative approach towards management in Banking and Financial Services industry.

• Approved by AICTE
• Accredited internationally by the prestigious U.K based Association of MBA’s (AMBA).

Program Educational Objective (PEOs)/Goals and Program Outcome (POs)/Objectives: PGDM Banking & Financial Services

Program goals/ objectives

Program Educational Objective 1(PEO1) / Goal 1: Demonstrate written and oral communication skills

Program Outcome 1 (PO1)/ Objective 1

Student should be able to write well organized and grammatically correct business reports and letters.

Program Outcome 2 (PO2)/ Objective 2

Student should be able to make effective oral presentations

Program Educational Objective 2 (PEO2) / Goal 2: Demonstrate problem solving and critical thinking skills

Program Outcome 3 (PO3)/Objective 1

Student should be able to demonstrate critical thinking skills by understanding the issues with a strong focus on banking and financial services, evaluating alternatives on the basis of multiple perspectives and presenting a solution including conclusions and implications

Program Outcome 4 (PO4)/ Objective 2

Student should be to demonstrate problem solving skills by understanding and defining the problem related particularly to banking and financial services, analyzing it and solving it by applying appropriate theories, tools and techniques.

Program Educational Objective 3 (PEO3) /Goal 3: Develop ability to explain responsible leadership behavior in management

Program Outcome 5 (PO5)/ Objective 1

Student should be able to illustrate the role of responsible leadership in management.

Program Outcome 6 (PO6)/ Objective 2

Student should be able to identify social concerns and ethical issues in management.

Program Educational Objective 4 (PEO4) /Goal 4: Develop a global perspective in management

Program Outcome 7 (PO7) /Objective 1

Students should be able to identify challenges faced by banks and financial institutions in the global business environment.

Program Outcome 8 (PO8)/ Objective 2

Student should be able to take decisions in the global business environment with special focus on banking and financial institutions.

The  PGDM (BFS) programs at IMI, Delhi is of two years duration. IMI follows a trimester system and each program consists of six trimesters. Each trimester is of 11-12 weeks duration. The academic calendar begins early July. Apart from the six trimesters students are required to undergo a compulsory Summer Internship Program (SIP) at the end of the first year.

To be eligible for admission to the PGDM Program(s), the participants must possess a bachelor’s equivalent degree, with a minimum of 50% aggregate marks or equivalent in any discipline, from a recognised university in India or abroad (recognised by the UGC / Association of Indian Universities). However, the final selection may be based on a higher cut-off percentage depending on the total number of applicants for the program. The bachelor’s degree or equivalent qualification obtained by the candidate must entail a minimum of three years education, after completing higher secondary   schooling under the 10+2 system or equivalent. Candidates appearing in the final year of their bachelor’s degree or equivalent are also eligible, provided they furnish proof of meeting the minimum eligibility criteria by September 30, 2025. Candidates who are unable to comply with this requirement are liable to be rejected from the programme. It is desirable that candidates complete all academic requirements before enrolling for the programme to help them keep pace with the rigour and assessment parameters of the programme.

Participants for the PGDM program(s) may be fresh graduates and/or with relevant work experience from any discipline including Engineering, Humanities, Commerce, Economics, Medicine or any other branch of education.

Eligibility for admission into PGDM (B&FS) Programs

A bachelor’s or equivalent degree, with a minimum of 50% aggregate marks or equivalent in any discipline, including Engineering, Humanities, Commerce, Economics, Medicine or any other branch of education, from a recognized university in India or abroad (recognized by the UGC / Association of Indian Universities).

The bachelor’s degree or equivalent qualification of the candidate must entail a minimum of three years of education, post higher secondary schooling under the 10+2 system or equivalent.

Candidates appearing in the final year of their bachelor’s degree or equivalent are also eligible, provided they furnish proof of meeting the minimum eligibility criteria by September 30, 2025. Candidates who are unable to comply with this requirement are liable to be rejected from the program.

An applicant may be a graduate without any work experience or with relevant work experience from any discipline of education.

Self Sponsored Candidates

The bulk of the applicants to IMI New Delhi are self-sponsored candidates. They are either fresh graduates or have worked for a few years and joined IMI New Delhi after quitting their jobs. The Institute's placement cell provides them placement assistance on the best effort basis.

Company Sponsored Candidates

IMI New Delhi accepts applications from company-sponsored candidates. These candidates will also be assessed as per the selection process followed at IMI New Delhi.

Candidates being sponsored by their respective companies must submit a letter from the sponsoring organization to this effect and undertake to pay all fees and dues from time to time, during the complete duration of the program. This letter/undertaking will be required to be submitted at the Personal Interview stage.

Candidates who are sponsored by their organization will not be eligible for receiving any placement assistance from the Institute’s placement cell.

Foreign Nationals

IMI New Delhi accepts applications from candidates with Foreign Nationality. These candidates will also be assessed as per the selection process followed at IMI New Delhi.

Candidates with Foreign Nationality are required to hold valid foreign passports and will not be eligible for receiving any placement assistance from the Institute’s placement cell.

Admissions Test

Common Admission Test CAT

Admission to the program is through the Common Admission Test (CAT) - 2024 to be conducted by the Indian Institute of Management, Ahmedabad at different centres all over the country.

Xavier Aptitude Test XAT

Admission to the program is also through the Xavier Aptitude Test (XAT) - 2025 to be conducted by XLRI Jamshedpur in association with XAMI (Xavier Association of Management Institutes). XAT is conducted at all India-level to select the most appropriate students for management education.

XAT 2022 would be conducted on Sunday, January 5, 2025 (refer to https://xatonline.in/ for further details).

Graduate Management Admission Test GMAT

Candidates with Foreign Nationality are also eligible, based on their GMAT scores, provided they have taken the GMAT test not earlier than January 2020 and not later than January 2025.

Candidates will be required to furnish their GMAT scores while applying and provide a self-attested copy of the GMAT score sheet to the Admission Office for verification at the time of personal interview.

Candidates appearing for GMAT or no GMAT score while applying can enter numeric `0’ in the GMAT score field and should email their scorecard immediately after the test to admissions@imi.edu. GMAT scores without the above document will not be accepted and the application may be summarily rejected.

Applying Online

Applicants should complete the online application form and submit it along with the non-refundable application fee and other required documents.

Application processing fees are Rs.2000/- + GST @18% for an applicant desirous of applying to any one of the two-Year Program(s) of IMI New Delhi or IMI New Delhi and IMI Kolkata and/or IMI Bhubaneswar.

The application form is available at https://admission.imi.edu and must be submitted online. Incomplete forms are liable to be rejected summarily.

The application processing fee can be paid through Credit Card/ Debit Card/Bank Transfer through the designated payment gateway. No receipts are to be sent to IMI New Delhi Admission Office directly in any case

Candidates who apply online for the admission into PGDM and/or PGDM (HRM) and/or PGDM (B&FS) will be shortlisted on the basis of

• CAT or GMAT score

• Academic Record

Only shortlisted candidates will be called for the final stage of the selection process - Individual Assessment

Process (Essay Writing and Personal Interview etc.). Individual Assessment Process will be held in January/February 2025 (tentative).

Past academic records, performance in the individual assessment process along with other qualitative parameters, like quality of work experience and extra-curricular activities constitute the core components of the selection process.

The IMI New Delhi Admissions Committee reserves the right to modify these components while communicating these to the applicants at the Individual Assessment stage. The overall objective will be to identify and assess the candidate’s potential for a managerial career.

Applicants should note that mere fulfillment of minimum eligibility criteria may not ensure consideration for shortlisting by IMI New Delhi. IMI New Delhi will not entertain any correspondence on this subject and decisions of the IMI New Delhi Admissions Committee will be final in all matters.

Besides Delhi, the selection process will be conducted at other centers including Ahmedabad, Bangalore, Bhubaneswar, Chandigarh, Chennai, Hyderabad, Indore, Jaipur, Kochi, Kolkata, Mumbai and Pune. Candidates should indicate their first and second preference of interview center in the application form. If a candidate’s preferred center is not allotted, for any reason, the candidate will be informed of the change.

IMI New Delhi reserves the right to change any of the centers for the selection process, without assigning any reasons.

Admission offer will be based on a composite score arrived after the assessment has been made during the various stages of the selection process defined earlier. The result will be announced through an Admission Portal and will be notified on the IMI New Delhi Website. Applicants are advised to check the updates on the website at regular intervals.

While applying online, applicants are advised to provide their complete postal address and active email ID which should be valid up to 31th July 2025 for receiving important communications.

As per AICTE rules, in the event of an applicant withdrawing before the starting of the program, the wait listed candidates would be given admission against the vacant seat. In such a case the entire fee collected from the student, after a deduction of the processing fee of Rs.1000/- (Rupees one thousand only), shall be refunded and returned to the candidate withdrawing from the program. However, should a student leave the program after commencement of the course and if the seat consequently falling vacant is not filled by another candidate, for whatever reason, only the refundable component of fee shall be returned to the candidate.