in March. Students who pass the Indian National Olympiad in Informatics may be granted admission to the B.Sc.(Hons.) Mathematics and Computer Science programme. Admission is not guaranteed but is decided on a case-by-case basis by the admissions committee. Fee structure and other payments Till 2018, all students, including undergraduate students, were given a monthly stipend, subject to academic performance. The tuition was waived for students in good academic standing. In 2018, the fees were increased for all students with waivers available for students in good academic standing. Arrangements with other Institutes Till 2006, students received their B.Sc. and M.Sc. degrees from MPBOU and their Ph.D. degrees from Madras University. CMI conducts its academic programmes in conjunction with IMSc, so students from either institute can take courses at the other. CMI has agreements with TIFR (Tata Institute of Fundamental Research) and with the Indian Statistical Institutes in Delhi, Bangalore, Chennai and Kolkata, for cooperation on the furtherance of mathematical sciences. The physics programmes are run in conjunction with IMSc and IGCAR. The physics students spend one summer in HBCSE (under TIFR) in Mumbai and another in IGCAR, Kalpakkam, garnering practical experience. CMI has a memorandum of understanding with the École Normale Supérieure in Paris. Under this memorandum, research scholars from the ENS spend a semester in CMI. In exchange, three B.Sc. Mathematics students, at the end of their third year, go to the ENS for two months. The institute has a similar arrangement with École Polytechnique in Paris, whereby top-ranking senior B.Sc. Physics students spend the summer in Paris working with the faculty at École Polytechnique. CMI has a memorandum of understanding with IFMR, the Institute of Financial Management and Research, located in Nungambakkam, Chennai. Students from CMI getting a CGPA of more than 8.50 are offered direct admission to IFMR's one-year programme in Financial Mathematics, which is sponsored by ICICI Bank. Faculty from CMI are involved in teaching this programme. In exchange, CMI gets its Economics professor from IFMR. CMI is a part of ReLaX, an Indo-French joint research unit dedicated to research in theoretical computer science, its applications and its interactions with mathematics. This collaboration allows for collaborative work in computer science, academic visits for professors and graduate students, summer internship programs for students, and organizing conferences in the subject. CMI has had two sponsored research projects with Honeywell Technology Solutions, Bangalore, both in the area of formal verification.