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PGP-Finance is a two-year full-time masters level program designed to equip students to pursue careers in the financial world, in domains such as corporate finance, investment banking, and wealth management. It is developed in consultation with the various stakeholders in the core finance and allied services industry and aspires to meet the significant unmet industry need that exists in India and South Asia. Nurturing dependable, capable and fair-minded professionals conversant with the latest models and techniques of the finance is our mission.

India, one of the fastest growing major economies in the world with a large market size, depends on a strong and dynamic financial services sector, to actualize its full growth potential. This translates to a steady demand from this sector for skilled and motivated individuals with expertise in finance. In line with the vision to innovate and excel in business education, Indian Institute of Management Kozhikode (IIMK) is introducing an innovative Post Graduate Programme in Finance (PGP-Finance) to equip candidates with the necessary skills to lead the growth in the financial services sector.

The Post Graduate Programme in Finance (PGP-Finance) at IIMK is a unique offering, which is benchmarked against similar global programs in terms of program content and coverage, while providing the participants a strong grounding in the Indian context through means of immersive courses, interaction with industry leaders and on-site/ trading floor visits.

A post-graduation in finance is a globally recognised qualification focussed on financial theory & application, with an aim to equip young graduates with knowledge and skills necessary for a successful career in the core finance, fintech, banking and financial services industry.


Admission requirements for International Candidates*

a) Educational Qualification:
Graduate degree or equivalent in any discipline with at least 50% marks or equivalent CGPA. (AIU equivalency certificates must be presented during registration if your degree was obtained at a foreign university)
b) A candidate should have a valid test as on the closing date of submission in any of the following tests:
   i) GMAT: Overall score of 560, not older than three years. We only accept the current version of the GMAT exam (the GMAT Exam-Focus edition will not be accepted).
   ii) GRE: 60th percentile in all sections or overall 320, whichever is minimum, not older than three years
   iii) CAT: 80th percentile (only test scores from CAT 2023 will be accepted)*
* for validity of scores please check (

* IIMK PGP code for GMAT is D3Z-SQ-80 and for GRE is 4748-Indian Institute of Management. Use these codes to have your score sent directly to IIMK. Your official score report from Pearson / GMAC (for the GMAT) or ETS (for the GRE) will be used for verification.
c) English Eligibility Criteria should be one of the following:
   i) TOEFL/IELTS: More than 70th percentile/percentage.
   ii) A degree from an Institute in an English-speaking country (India, UK, Canada, US, South Africa, Australia, New Zealand)
   iii) A certificate from the last degree-granting Institute that the student has demonstrated proficiency in English as a foreign language. You can upload this certificate along with other documents in the application form.
Click here to download the format of the certificate
d)For Indian Nationals & Foreign Nationals
i) Indian Nationals

In order to qualify as an International Candidate for the purpose of applying to PGP/PGP Finance/PGP-LSM 2024-26, a candidate should have been residing outside India for a period of not less than 18 months as on January 1, 2024, and be outside India on the CAT 2023 examination date. The Indian nationals who are living, working, or studying abroad should produce a certificate from the Indian Embassy/High Commission/Consulate of the country where the candidate is currently based, stating that the candidate has been resident in that country continuously for a period of not less than 18 months as on January 1, 2024.
This certificate needs to be produced along with the admission application.

ii) Foreign Nationals
Foreign nationals need to have a valid passport/travel document from a country other than India. Foreign nationals who are present in India at the time of the Common Admission Test (CAT) are required to take the same.


Program Fees

The fee is 30,000 USD  for the programme.

First Year: 15,000 USD
Second Year: 15,000 USD



Admission/Selection Process

a) There will be two cycles of admission for each academic year.
The submission of applications for the cycles are:
   Application Cycle 1 : 1st September 2023 to 30th November 2023

   Application Cycle 2 : 15th December 2023 to 17th March 2024
b) The application fee is INR 750 (Approximately 10 USD ). This fee is waived for all those who have Study-in-India registration.
c) The applicants need to attend a virtual interview.
d) Final selection will be based on the average interview marks awarded by a panel of experts consisting of two or more IIM Kozhikode faculty members.
e) The admission office shall intimate the successful candidates within one month from the last date of the application (That is December 30, 2023 or April 17, 2024 for the respective cycles).
f) The candidates need to confirm their candidature by paying 3000 USD  within one month of the receipt of the offer.


PGP (Finance) is a two year six term programme with in in-depth coverage of core finance topics in first year followed by advanced courses and electives in second year. The course listing for the 2020 admissions is provided below.

Term Course Title Number of Credits
(1 Credit = 10 hours)
I 1.Financial Accounting 3
2.Financial Markets, Institutions and Instruments 3
3.Microeconomics 3
4.Mathematics for Finance 3
5.Business Laws 2
6.Business Communication 2
7.Data Analysis 2
Total Credits 18
II 1.Cost and Management Accounting 3
2.Corporate Finance 3
3.Macro economics 3
4.Financial Econometrics 3
5.Corporate and Securities Laws 2
6.Principles of Management 2
7.Accounting Information Systems 2
Total Credits 18
1.Financial Reporting and Analysis 3
2.Security Analysis and Portfolio Management 3
3.Commercial Bank Management 3
4.Financial Derivatives 3
5.Taxation Laws 2
6.Marketing of Financial Services 2
7.Financial Modelling 2
Total Credits 18
Term Course Title Number of Credits
(1 Credit = 10 hours)
IV Compulsory Courses  
1.Corporate Valuation 3
2.Fixed Income Securities 3
3.Project Finance 3
4.Strategic Thinking 3
Elective Courses (To be chosen from the list given below) 6
Total Credits 18
V Compulsory Courses  
1.Fintech 3
2.Financial Risk Management 3
3.Organizational Structure and Design 3
4.International Finance 3
Elective Courses (To be chosen from the list given below) 6
Total Credits 18
VI Compulsory Courses  
1. Emotional Intelligence and Leadership 3
2. Corporate Governance and Ethics 3
Elective Courses (To be chosen from the list given below) 6
Total Credits 12
Term Course Title Number of Credits
(1 Credit = 10 hours)
1.Mergers and Acquisitions 3
2.Micro Finance 3
3.Financing of Firms 3
4.Private Equity and Venture Capital 3
5.Quantitative Investment Analysis 3
6.Simulation Methods for Finance 3
7.Investment strategies 3
1. Real estate finance 3
2. Technical Analysis 3
3. Financial Distress and Restructuring 3
4. Structured Products 3
5. Financial Analytics 3
6. Financial Engineering 3
1. Fraud detection and Forensic Accounting 3
2. Entrepreneurial Finance 3
3. Alternative investments 3
4. Behavioural Finance 3
5. Insurance products 3
6. Individual Project (CIS) 3



Prof. Abhilash S Nair
Professor & Chairperson(International Relations)
0495-2809 498,
Maju Jacob
Chief - International Relations& Placements
International Relations
+91 495 2809 666
Sheena V R
Assistant Administrative Officer
International Relations
0495-2809 263,
Anju Augustine
Business Executive
International Relations
+91 495 2809 463
Ayillya V
Admin Associate
International Relations
+91 495 2809 263

Indian Institute of Management Kozhikode,
IIMK Campus P. O.,
Kozhikode 673 570, Kerala, India


(0495) 2809 263/666


Admissions Office
Call: +91 495 2809 219

IIMK has instituted one scholarship awarding a 50% and two scholarships awarding a 25% fee waiver as scholarships for every 10 students. Accordingly, three participants in the PGP program, one in PGP LSM and one in PGP Finance would be eligible for a waiver of 50% of their fees. Similarly, six participants in the PGP program, two in PGP LSM and two in PGP Finance would be eligible for a 25% waiver of fees.

The criteria for preparing the scholarship rank list.

  1. 50% weight for GMAT/CAT overall score performance
  2. 30% for the performance in personal interviews conducted by the IIMK panel for selection to the program.
  3. 20% weightage to be given to candidates coming with limited means.

Application and processing of scholarships

  1. Admission office will issue the offer letter and IR office will issue the scholarship application to the candidates. The scholarship application is to be filled and submitted along with the seat confirmation payment.
  2. The selection process for the scholarship will be completed within 15 days after closing the admissions to all the programmes.

Eligibility and disbursement of Scholarship

  1. Only foreign nationals are eligible for applying to this scholarship (NRI candidates admitted through the supernumerary quota are not eligible for this scholarship)
  2. The scholarships will be issued as a fee waiver of 50% and 25% as applicable
  3. As per Institute rules, a student cannot avail more than one scholarship/stipend during the same academic year and if he/she is awarded with any other scholarship/stipend over and above the IIMK scholarship in the same academic year, he/she is required to refund the scholarship awarded by the Institute/or other respective agency.
Indian Institute of Management Kozhikode

IIMK Campus P. O, Kozhikode, Kerala, India,
PIN - 673 570


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