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IFMR Graduate School of Business, Krea University , Sri City
IFMR Graduate School of Business (formerly Institute for Financial Management and Research) is a leading business school with the objective of moulding ambitious young men and women into competent and socially responsible global leaders.
Important Information
Important Dates
Application Deadline: 29th January 2023
Total Fees ( INR )
Rs.14,56,000
Duration
2 Years
Eligibility
Graduates of full-time degree courses and candidates in the final year of the undergraduate degree can apply.
Applicants Should have been born after 01st Jan 1996.
Applicants are required to take any of the following standardized entrance exams – CAT/XAT/NMAT/CMAT/GRE/GMAT.
Admission Procedure
Applicants are required to take any of the following standardized entrance exams – CAT/XAT/NMAT/CMAT/GRE/GMAT.
Admission to the programme will be based on entrance exam scores and other qualifying parameters for the Personal Interview (PI) round, including school academic performance and UG academic performance.
Important Information
Important Dates
−
Application Deadline: 29th January 2023
Total Fees ( INR )
−
Rs.14,56,000
Duration
−
2 Years
Eligibility
−
Graduates of full-time degree courses and candidates in the final year of the undergraduate degree can apply.
Applicants Should have been born after 01st Jan 1996.
Applicants are required to take any of the following standardized entrance exams – CAT/XAT/NMAT/CMAT/GRE/GMAT.
Admission Procedure
−
Applicants are required to take any of the following standardized entrance exams – CAT/XAT/NMAT/CMAT/GRE/GMAT.
Admission to the programme will be based on entrance exam scores and other qualifying parameters for the Personal Interview (PI) round, including school academic performance and UG academic performance.
About IFMR Graduate School of Business
IFMR Graduate School of Business (formerly Institute for Financial Management & Research) was established in 1970. IFMR GSB is a different kind of business school. The curriculum offers a mix of theory with simulated real-life exposure and endeavours to shape business practices through inventive, sharp thinking and cutting-edge research.
The journey of nearly 50 years has been steered by some of the best minds from academia and industry, creating immense value for the economy and society at large. At IFMR GSB, it is ensured that students gain a sense of stewardship—not just of enterprises, but also of the human, financial, material, and natural resources that must be sustained for posterity.
Program offered
MBA
IFMR GSB, Krea University offers a two-year full-time residential Post Graduate Programme in Management, leading to MBA degree. Application for the Batch 2023-25 is open.
Important Dates
*Below dates are tentative and are subject to change
|
Name of the Process |
Tentative Timelines for MBA 2023-25 * |
||||
|
Application opens |
Tuesday, 25 Oct 2022 |
||||
|
Application closes |
Friday, |
Sunday, |
Sunday, |
Sunday, |
Sunday, |
|
Release of shortlist |
Tuesday, |
Tuesday, |
Tuesday, |
Tuesday, |
Monday, |
|
Interview dates |
07-08 |
04-05 |
04-05 |
01-02 |
13-15 |
|
Registration, Orientation and & Start of Classes |
Monday, 03 July 2023 |
||||
Eligibility and Selection Criteria
Eligibility
- Graduates of full-time degree course and candidates in the final year of the undergraduate degree can apply. Students from ODL (Open and Distance Learning) institutions are also eligible to apply as per the UGC policy and notification.
- Applicants must have valid scores of one (or more) of the competitive exams CAT/XAT/CMAT/GMAT/GRE/NMAT. From among the entrance exam score given by the applicant, the best score will be considered subject to meeting the eligibility cut off.
Selection Process:
Applicants who meet all eligibility criteria will be considered for personal interview in the rank order of merit. Shortlisted candidates will be intimated through e-mail and the dashboard of the application portal, along with the interview schedule. The mode of the interview (in-person or online) will be communicated later, based on the health situation prevailing in the country at the time.
The writing skills of applicants will be assessed using their scores on the relevant sections of the qualifying examination (CAT/XAT/NMAT/CMAT/GRE/GMAT) as well as the quality of writing displayed in their application forms.
Competitive Exams Cutoff List
| Exams | Score |
|
CAT : 2021 & 2022 |
75th Percentile |
| XAT : 2022 & 2023 |
75th Percentile |
| NMAT: Oct 2022 – Feb 2023 | Score of 222 |
| CMAT: 2023 |
Score of 220** |
| GMAT:2021,2022 & 2023 | Score of 650 |
| GRE: 2021,2022 & 2023 | Score of 310 |
**The CMAT cutoff which was earlier on percentile basis, has been updated to 220 Score.
Fee Structure
The tuition fee for the programme is INR 14,56,000/- (Rupees Fourteen lakhs and fifty-six thousand only). Details of other fees and payment schedule is as follows:
| S.No | Fee Description | Amount in INR | Tentative Timelines for Payment |
|---|---|---|---|
| 1 | Tuition Fee: 1st Instalment: inclusive of Admission Acceptance Fee |
To be paid when accepting the offer | |
| a. Admission Acceptance Fee | 35,000 | ||
| b. Balance First Instalment Fee | |||
| Part-1 of first Instalment Fee | 2,01,000 | ||
| Part-2 of first Instalment Fee | 2,01,000 | ||
| 2 | Refundable Caution Deposit | 35,000 | 20-Jun-23 |
| 3 | Year-1 Living Fee (Boarding & Lodging Charges, including laundry charges up to INR 500/- per month) |
1,80,000 | 20-Jun-22 |
| 4 | Tuition Fee: 2nd Instalment | 4,37,000 | 30-Nov-23 |
| 5 | Tuition Fee: 3rd Instalment | 5,82,000 | 30-Jun-24 |
| 6 | Year-2 Living Fee * (Boarding & Lodging Charges including laundry charges up to INR 500/- per month) *Indicative amount subject to revision based on the inflation and other costs |
1,95,000 | 30-Jun-24 |
| 7 | Alumni Fee | 5,000 | 30-Jun-24 |
Note:
- The instalments fee mentioned above includes tuition fees, course materials provision, and library services.
- Medical insurance charges are part of the living fee.
- The fee does not include any laptop charges. The student is required to bring his/her own laptop.
- The MBA Programme is residential and hence staying in hostel is mandatory. The hostel is located inside the University campus in Sri City.
- Fee payment should be made through online only.
Placement
FINAL PLACEMENT 2020-2022
Highest CTC: Rs 18 Lakhs
FINAL PLACEMENT 2019-2021
- Average CTC (Top 25%): Rs 13.40 Lakhs
FINAL PLACEMENT 2018-2020
- Highest CTC: Rs 13.60 Lakhs
- Average CTC: Rs 9.50 Lakhs
Top organizations from the business sector, PSUs, state and central governments, NGOs, and multilateral agencies participate in IFMR placements. Over the years, IFMR GSB has shown tremendous results in placements.
Key recruiters:
BFSI: Aditya Trading Solution, IDFC First Bank, JP Morgan Chase, ICICI Prudential Life, Standard Chartered, Satya Microfinance, Royal Bank of Scotland etc
Consulting: Deloitte USI, Ernst & Young, KPMG, TBRC
IT: Accenture, AMS India, Arrka, Care Risk Solution
Others: Double Town, Intellipaat, Nielsan, Philips
Contact Us
Admin office: No: 196, T.T.K. Road, Alwarpet, Chennai - 600018 - India
Campus: 5655, Central Expressway, Sri City, Andhra Pradesh - 517646 - India
[email protected]
MBA Admissions – IFMR GSB
93601 34757 | 93601 34758