Programme Overview
IIM Kozhikode's Post Graduate Programme in Finance (PGP-Finance) is a two-year, full-time master's-level programme designed for students who want to build careers in core finance and allied financial-services domains. IIMK specifically identifies areas such as corporate finance, investment banking and wealth management among the programme's intended career directions.
The programme is positioned as a specialised finance qualification rather than a general MBA with a finance concentration. Its design combines finance theory and application, with industry interaction and exposure intended to connect global finance practices with the Indian context.
The programme is built around an exclusive focus on finance. It is therefore most relevant for candidates who already know that they want finance, fintech, banking or financial-services roles and prefer a specialised two-year management qualification over a broad general-management programme.
Tentative Admission Dates: 2027-29
Status: Tentative / expected. IIM Kozhikode has not published the official 2027-29 PGP-Finance admission calendar in the reviewed official sources. The dates below are indicative planning windows based on the CAT-linked admission cycle and the programme's admission process.
| Event Name | Tentative Admission Date |
|---|---|
| CAT 2026 Registration | August–September 2026 |
| CAT 2026 Examination | November 2026 |
| CAT 2026 Result | December 2026 |
| IIM Kozhikode Stage 1 Registration | December 2026–January 2027 |
| Shortlist / WAT & PI | January–April 2027 |
| Final Admission Offers | April–May 2027 |
| Fee Payment & Admission Confirmation | May–June 2027 |
| Programme Commencement | June–July 2027 |
This is an indicative planning timeline, not an official 2027-29 admission calendar.
Eligibility for IIM Kozhikode PGP-Finance 2026–28
For the 2026–28 admission cycle, IIM Kozhikode's official policy requires candidates with a graduation degree to have at least 60% aggregate marks. Candidates without a graduation degree but with CA, CMA (ICWA) or CS must have at least 50% aggregate marks in the relevant professional qualification.
Candidates may use a valid CAT, GRE or GMAT score from the test window specified in the 2026–28 policy. CAT applicants must obtain a positive scaled score in all CAT 2025 sections. Final-year candidates may also apply subject to the conditions in the official admission policy.
| Applicant type | Minimum academic requirement |
|---|---|
| Graduation degree holders | At least 60% aggregate marks |
| CA / CMA (ICWA) / CS without graduation degree | At least 50% aggregate marks in the professional qualification |
| Final-year candidates | May apply, subject to the provisional-admission conditions in IIMK's policy |
CAT / GRE / GMAT Eligibility Benchmarks
The official 2026–28 PGP-Finance policy specifies minimum sectional eligibility benchmarks by category. These are minimum thresholds for eligibility, not a guarantee of an interview call or final admission.
| Category | Quantitative | Data Interpretation / LR | Verbal | Class X | Class XII |
|---|---|---|---|---|---|
| GEN | 85 | 80 | 70 | 60% | 60% |
| OBC-NCL / EWS | 75 | 70 | 65 | 60% | 60% |
| SC | 65 | 60 | 60 | 55% | 55% |
| ST / PwD | 60 | 55 | 55 | 55% | 55% |
The official policy also allows candidates to use CAT, GRE or GMAT scores, subject to the test-window and score-report conditions specified by IIMK.
IIM Kozhikode PGP-Finance Admission Process
IIM Kozhikode uses a three-stage selection process for PGP-Finance.
- Check eligibility: meet the academic and entrance-test conditions in the current PGP-Finance policy.
- Take the accepted test: follow the CAT/GRE/GMAT route and score-validity rules applicable to the admission cycle.
- Complete IIMK registration: eligible candidates complete the programme-specific online registration after the relevant entrance-test stage.
- Shortlisting: IIMK prepares the shortlist using the applicable Aggregate Index Score and profile parameters.
- Attend selection: shortlisted candidates complete the required written assessment and Personal Interview.
- Final merit: IIMK prepares the final merit list using the parameters in the admission policy.
- Confirm admission: accept the offer and complete document verification and fee formalities within the stated deadline.
IIM Kozhikode PGP-Finance Fees 2026-28
The official 2026-28 fee structure for PGP, PGP-Finance and PGP-LSM totals ₹23.50 lakh over two years.
| Fee component | Year 1 | Year 2 | 2-year total |
|---|---|---|---|
| Tuition | ₹7,00,000 | ₹7,00,000 | ₹14,00,000 |
| Admission | ₹15,000 | — | ₹15,000 |
| IT, Infrastructure & Miscellaneous | ₹1,20,000 | ₹1,20,000 | ₹2,40,000 |
| Library | ₹95,000 | ₹95,000 | ₹1,90,000 |
| Hostel | ₹45,000 | ₹45,000 | ₹90,000 |
| Books & Study Material | ₹1,15,000 | ₹1,15,000 | ₹2,30,000 |
| Student Activities | ₹15,000 | ₹15,000 | ₹30,000 |
| Orientation | ₹17,000 | — | ₹17,000 |
| Student Support Services | ₹20,000 | ₹25,000 | ₹45,000 |
| Workshops & Enrichment Courses | ₹14,000 | ₹21,000 | ₹35,000 |
| Examination | ₹19,000 | ₹19,000 | ₹38,000 |
| Alumni | — | ₹20,000 | ₹20,000 |
| Published total | ₹11,75,000 | ₹11,75,000 | ₹23,50,000 |
Estimated minimum published cost: ₹23.77 lakh including programme fee, caution deposit and welfare fund, before actual mess consumption, personal expenses and international-immersion costs.
IIM Kozhikode Scholarships for PGP-Finance
IIM Kozhikode lists institute and external scholarships for PGP, PGP-LSM and PGP-Finance students. Current official information includes merit-based awards, need-based financial assistance and external scholarships.
| Scholarship / assistance | Eligibility / selection | Amount |
|---|---|---|
| IIMK Merit Scholarship | Academic performance/CGPA | 1 scholarship per 20 students |
| IIMK Need Based Financial Assistance | Family income ≤ ₹8 lakh plus education-loan conditions specified by IIMK | As determined under IIMK's scheme |
| Mirae Asset Foundation | Meritorious and needy PGP students; family income below ₹8 lakh | ₹5 lakh per student |
| Aditya Birla Group Scholarship | Top eligible students under sponsor criteria | ₹1.75 lakh per year |
| OPJEMS | Top eligible PGP students under sponsor criteria | ₹1.50 lakh per year |
IIM Kozhikode PGP-Finance Placements: Year-wise Analysis
Important: IIM Kozhikode conducts and reports final placements jointly for PGP, PGP-Finance and PGP-LSM. Therefore, the figures below are combined placement outcomes for the participating programmes, not PGP-Finance-only salary statistics. We have labelled them this way deliberately to avoid presenting institute-wide or combined data as programme-specific.
| Placement year | Mean CTC | Median CTC | Highest CTC | Recruiters / students |
|---|---|---|---|---|
| 2025 | ₹28.18 LPA | ₹27.50 LPA | ₹81.00 LPA | 169 recruiters; 561 students participated |
| 2024 | ₹28.05 LPA | ₹27.00 LPA | ₹72.02 LPA | 156 recruiters; 537 students participated |
| 2023 | ₹31.02 LPA | ₹27.00 LPA | ₹67.02 LPA | 123 recruiters; 556 students participated |
Trend reading: the combined 2025 mean CTC was marginally higher than 2024, while the median increased to ₹27.50 LPA. The highest CTC rose from ₹72.02 LPA in 2024 to ₹81.00 LPA in 2025. The mean CTC was higher in 2023 at ₹31.02 LPA, so students should evaluate the full multi-year pattern rather than relying on one season's headline figure.
What do the latest 2025 placement numbers show?
Finance relevance in the combined placement process
Finance accounted for 19.2% of the combined final-placement outcomes in 2025. In the 2024 report, finance accounted for 28% of offers, with the official report naming recruiters such as Axis Bank, BNP Paribas, Citi, D. E. Shaw, Deutsche Bank, Goldman Sachs, JP Morgan Chase & Co. and Standard Chartered among the finance recruiters. The 2024 report also highlighted front-end investment banking and PE/VC roles from firms including Ambit Capital, Equirus, GEF Capital Partners, Lodha Capital Markets, Nomura, Pavestone, Piramal Alternatives and Xponentia Capital.
Summer internship context
IIMK's 2024 summer placement report for PGP, PGP-LSM and PGP-Finance recorded 147 recruiters, a highest stipend of ₹7 lakh and an average stipend of ₹2.68 lakh for the participating batch. As with final placements, these are combined figures and should not be interpreted as PGP-Finance-only statistics.
Who Should Apply for IIM Kozhikode PGP-Finance?
Finance-focused graduates
A strong fit for graduates who want to enter finance rather than pursue a completely generalist management path.
Quantitative and analytical candidates
The programme is particularly relevant for candidates comfortable with analytical problem-solving and finance-oriented career decisions.
Early-career professionals
Work experience is not a minimum eligibility requirement, although relevant experience is considered during the selection process.
Career switchers into finance
Suitable for professionals who can clearly justify a move into banking, financial services, fintech or core finance roles.
Who Should Think Twice Before Choosing PGP-Finance?
- Candidates who are unsure whether they want finance or general management and are choosing the programme only for the IIM Kozhikode brand.
- Students looking for a broad MBA experience without a strong preference for finance-oriented careers.
- Candidates who do not enjoy quantitative, analytical or finance-related problem-solving.
FAQs
Official Sources
- IIMK — PGP-Finance Programme
- IIMK — PGP-Finance Admission Policy 2026–28
- IIMK — PGP-Finance Selection Process
- IIMK — PGP-Finance Fees
- IIMK — PGP-Finance International Immersion
- IIMK — Current programme fee / fee structure
- IIMK — Final Placements (PGP/PGP-FIN/PGP-LSM)