The Institute for Financial Management and Research (IFMR), Chennai, India, is a business school. IFMR’s curriculum offers a mix of theory and simulated real life exposure. Established in 1970 as a non-profit organization, IFMR was sponsored by ICICI, the House of Kotharis and other major industrial groups. The Board of Governors includes leaders of major corporations in India. The Finance Secretary, Government of Tamil Nadu, and the Vice Chancellor of the University of Madras are ex officio board members. Recognized as a social science research institute by the Department of Scientific and Industrial Research, government of India, IFMR is approved as an Institution of National Importance by the Ministry of Finance. Faculty members have worked and consulted with national and international organizations. Students, too, are involved in these projects, ensuring continuous interaction with industry. IFMR is an approved institution by the University of Madras for pursuing a Ph.D. degree in Finance and Economics. Research is a core activity at IFMR. The first six batches of the PGDBM program have had 100% placement record in companies.