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IFMR GSB, Krea University Admission 2024: Cut off, Admission Process, Eligibility Criteria, Fees, Courses

Q: What are the contact details of the IFMR Chennai?

The addressof the Institute is:5655, Central Expressway,Sri City, Andhra PradeshEmail: enq@ifmr.ac.inThe Institute can be contacted through the details given above.

Q: What is the IFMR Chennai intake for 2022admissions?

There are a total of 180 seats available for the 2022admissions at IFMR GSB. However, it is not mandatory for the college to fullfil all the seats. The institute might not fill all the vacant seats depending on the no. of deserving students shortlisted in the interview rounds.

Q: What is the refund policy at IFMR Chennai?

The refund policy at IFMR GSB is as follows:Percentage of refund of feesPoint of time when notice of withdrawal of admission is received by IFMR GSBWithdrawal request to be received on or before100%15 days or morebeforethe formally notified last date of admission17 June 202190%Less than 15 daysbeforethe formally- notified last date of admission18 June 01 July 202180%15 days or lessafterthe formally notified last date of admission02 July 16 July 202150%30 days or less, but more than 15 days,afterformally-notified last date of admission17 July 01 August 20210%More than 30 daysafterformally- notified last date ofadmission02 August 2021

Sri City, Andhra PradeshPrivate College

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| Updated On - Dec 27, 2023

IFMR Chennai 2023 offers MBA on the basis of CAT / XAT / CMAT / GRE / GMAT/ NMAT. Interested candidates need to apply for NMAT and XAT entrance exam. Generally the admission procedure ends in the month of April. Apart from MBA, IFMR Chennai offers Ph.D and Executive MBA. All admissions are based on entrance or written tests followed by an interview. Applications are accepted online for MBA and offline for Ph.D.

Executive MBA admissions are based on educational background, work experience and sponsorship letters.Final selection for Exec-MBA is based on written tests conducted by IFMR GBS and interview. Ph.D admissions are based on RAT or UGC-NET / JRF scores followed by an interview. There are no reserved seats or management quota seats available for admission at IFMR GBS. Check IFMR Chennai Courses & Fees

Established in 1970, IFMR GBS is an academic branch of Krea University, it is accredited by SAQS and was ranked 47th by NIRF 2019 rankings. In terms of placement, IFMR Graduate School of Business has been keeping a decent record. In 2020, the highest CTC stood at INR 13.6 LPA and the average CTC stood at INR 9.37 LPA. Check IFMR Chennai Placement

Table of Content

IFMR Chennai Top Coursese
IFMR Chennai MBA Admission 2023

2.1 Eligibility & Selection criteria

2.2 Admission Process

2.3 Expected Cutoff 2023

IFMR Chennai Executive MBA Admission 2023

3.1 Eligibility & Selection Criteria

IFMR GSB PhD Admission 2023

4.1 Eligibility & Selection Criteria

IFMR Chennai FAQs

IFMR Chennai Top Courses

Course	Total Fees
MBA	INR 14,21,000 (excluding the boarding charges)

IFMR Important Dates

Event	Important Dates for MBA
Application Opens	October 25, 2022
Application Closes	December 30, 2023	January 29, 2023	February 26, 2023	March 26, 2023	April 30, 2023
Interview Registration	January 03, 2023	January 31, 2023	February 28, 2023	March 28, 2023	May 08, 2023
Interview Dates	January 07 – 08, 2023	February 04 – 06, 2023	March 04 – 05, 2023	April 01 – 02, 2023	May 13 – 15, 2023
Registration, Orientation, and Class Begins	June 28, 2023

IFMR Chennai MBA Admissions 2023

IFMR GSB Sri City Offers a 2-year full-time MBA in 7 specializations - Data Science & Information Systems, Economics, Finance, Accounting & Quantitative Finance, Marketing, OB & HRM, Operations Management, and Strategic Management.

IFMR Chennai MBA Eligibility Criteria

Candidates must have a Bachelor's degree from a recognized university in a relevant discipline with 60% aggregate marks.
Candidates born after January 01, 1996, are eligible to apply.
Along with it, candidates need to have 60% aggregate marks in the 10^th and 12^th exams.
Work experience is not mandatory but credits will be given to those who have full-time experience up to 36 months.

IFMR Chennai MBA Selection Criteria

The admission is based on CAT/ XAT/ NMAT/ GMAT/ CMAT/ GRE scores. The application process for the IFMR Chennai MBA program is conducted online. Eligible candidates need to appear for the Written Ability Test (WAT) and Personal Interview. The final selection is made based on the entrance test scores, WAT, Personal Interview, and Educational Qualifications

IFMR Chennai MBA Admission Process

Applications for MBA at IFMR GBS, Krea University are accepted online. Applicants can follow the below-given steps to apply:

Log on to the official website of the institution
Click on Apply Now.
Fill in the relevant details.
Make sure to give correct and authentic info for all 7 sections.
Pay the application fee and submit the form and keep a printout for future reference.

Documents Required:

Marksheets
Certificates
Supporting Documents

IFMR Chennai Expected MBA Cutoff 2023

Entrance Exam	Cutoff
CAT 2021 & 2022	75 percentile
CMAT 2023	Score of 220
XAT 2022 & 2023	75 percentile
GMAT 2021, 2022 & 2023	Score of 650
GRE 2021, 2022 & 2023	Score of 310
NMAT October 2022 – February 2023	Score of 222

IFMR Chennai Executive MBA Admission 2023

IFMR GSB offers Executive MBA Specializations- Finance, Supply Chain & Operations, Industrial Relations & Human Resources.

IFMR Chennai EMBA Eligibility Criteria

Bachelor’s Degree/ PGDM from recognized institutions.
Minimum of 3 years of work experience.
NOC from respective sponsoring companies for the applicants willing to apply.

IFMR Chennai EMBA Selection Criteria

Applicants will be selected based on written tests conducted by the IFMR GSB Faculty.
Selected applicants would be called for an interview.
Final merit list would be released based on written test scores and personal interview performance.

IFMR GSB Ph.D Admission 2023

IFMR GSB offers Ph.D Admissions in 8 specializations in Data Science & Information Systems, Economics, Finance, Accounting & Quantitative Finance, Marketing, OB & HRM, Operations Management and Strategic Management

IFMR Chennai PhD Eligibility

Master’s degree with 55% aggregate/ 5-year Integrated master’s or dual degree in a relevant discipline with 55% aggregate marks.
Professional qualification holding CA, ICWA, CS with 50% marks in the qualifying examinations.

IFMR Chennai PhD Selection Criteria

The applications will be screened including the educational background, research aptitude and publications.
They would be called for RAT (Research Aptitude Test) followed by an interview.
Those with UGC-NET or JRF scores will be directly called for an interview.

How to Apply for Ph.D Admission?

Download the brochure along with the application form from the official website.
Fill the application with all the relevant details.
Attach the copies of mark sheets of all examinations, degrees and certificates.
Attach a short write-up describing a researchable problem, motivation to undertake the specific area of research, research approach and proposed methodology (max 1000 words).
Completed applications should be sent along with the required fee to:

IFMR Graduate School of Business

Campus: 5655, Central Expressway, Sri City

Andhra Pradesh - 517646 - India

FAQs

Ques. What is the fee structure of MBA at IFMR Chennai?

Ans. IFMR offers admission to the full-time residential MBA programme and the total programme fee is INR 14,56,000/- except for the security charges and the living expense. The security charges will be refunded back and the living expenses vary from year to year.

Ques. What are the specializations offered by IFMR Chennai for the MBA?

Ans. The institution offers admission to MBA under 7 specializations. These specializations include:

Data Science and Information System
Economics
Finance, Accounting and Quantitative Finance
Marketing
Organizational Behaviour & Human Resource Management
Operations Management
Strategic Management

Ques. Having work experience is mandatory for admission to IFMR Chennai MBA?

Ans. Work experience is not compulsory for having admission to MBA. Admission to the course will be based on 2 stages. The candidate will be shortlisted in the first round on the basis of Application Screening. The second stage will be based on the performance in the written test followed by the personal interview. The final call to the selected students will be sent through mail.

Ques. What are the contact details of the IFMR Chennai?

Ans. The address of the Institute is:

5655, Central Expressway,
Sri City, Andhra Pradesh
Email: enq@ifmr.ac.in
The Institute can be contacted through the details given above.

Ques. Can interview centres be changed for MBA admission at IFMR Chennai?

Ans. No, last minute changes in the interview centres are not entertained by IFMR GSB for MBA admission. Students must carefully choose their interview centres at once before application submission.

Ques. Are there any management quota seats available for IFMR Chennai admission?

Ans. No, all admissions are merit based, hence applicants have to fulfil the necessary eligibility criteria in order to apply for admission. There are no reserved seats or seats for the management quota.

Ques. How many rounds of interview are conducted at IFMR Chennai?

Ans. There are a total of 2 rounds conducted in the selection process. Candidates applying for admission can apply in any of these rounds. There is no work experience limit to the participation. Candidates having 0-36 months of working experience are eligible to apply in the interview rounds.

Ques. What is the IFMR Chennai intake for 2022 admissions?

Ans. There are a total of 180 seats available for the 2022 admissions at IFMR GSB. However, it is not mandatory for the college to fullfil all the seats. The institute might not fill all the vacant seats depending on the no. of deserving students shortlisted in the interview rounds.

Ques. What is the refund policy at IFMR Chennai?

Ans. The refund policy at IFMR GSB is as follows:

Percentage of refund of fees	Point of time when notice of withdrawal of admission is received by IFMR GSB	Withdrawal request to be received on or before
100%	15 days or more before the formally notified last date of admission	17 June 2021
90%	Less than 15 days before the formally- notified last date of admission	18 June – 01 July 2021
80%	15 days or less after the formally notified last date of admission	02 July – 16 July 2021
50%	30 days or less, but more than 15 days, after formally-notified last date of admission	17 July – 01 August 2021
0%	More than 30 days after formally- notified last date of admission	02 August 2021

Ques. Does IFMR Chennai have any quota?

Ans. No, there is no quota system at IFMR GSB for admissions. The candidates are selected for the final admission based on their merits in the qualifying examination and performance in the interview round.

COURSE	ADMISSION LINK
Executive MBA, M.Phil/Ph.D in Arts, M.Phil/Ph.D in Management, MBA/PGDM,	Admission Link

IFMR GSB Admission 2024 Dates

Important Events

Event	Date
Last Date to Apply (Round 4)	Mar 31, 2024 - Apr 30, 2024
Phase 3 Result [BBA + MBA]	Apr 30, 2024
Registration for Interview (Round 4)	May 07, 2024
Online Application Timeline (Phase 4) [BBA + MBA]	Oct 25, 2023 - May 08, 2024
Round 4 Interview Date	May 11, 2024 - May 14, 2024
KREA Aptitute Test [BBA + MBA]	May 15, 2024 - May 17, 2024
KREA PI Dates [BBA + MBA]	May 22, 2024 - May 28, 2024
Last Date for Offer Acceptance (Phase 3) [BBA + MBA]	Jun 02, 2024
Phase 4 Result [BBA + MBA]	Jun 07, 2024
Last Date for Offer Acceptance (Phase 4) [BBA + MBA]	Jun 23, 2024

Answered Questions

IFMR Graduate School of Business - [IFMR GSB]: 15 answered questions

Ques

Is IFMR, CHENNAI worth the fees of 14 lakh for MBA for a b.com fresher who is going to finance it through education loan?

● Top Answer By Nishant Suri on 20 Mar 21

Ans

Yes, you should definitely consider going here and it will be worth the loans and finances you invest into this college. One of my friends has taken admission in IFMR through an education loan. He says the institute is totally worth it. The amount you invest in your education will not only depend on the return on investment but also on growth opportunities. At IFMR, you will see a mix of extensive and rigorous study but great packages and good opportunities. Once you enter the college, you will realize why the fees demanded from students are so high. From my knowledge, the place is a nonprofit organization. This means, you will get what you pay. It has great hostels, faculty, and a mess with all-around growth even if you are a lazy student. Both placements and the packages offered here are very good. It has a 100% placement record since the college began 40+ years ago. In the 2020 placement drive, the highest CTC offered was INR 13.6 LPA with an average CTC of INR 9.37 LPA. Some of the top recruiters include JP Morgan and Chase, Deloitte, Cognizant, and HDFC Bank. Now since you are specifically talking about a loan, let me assure you that you can come to IFMR without any hesitation. This college has excellent placements and growth opportunities in market-leading MNCs and you will definitely be able to cover your education loan. In the long run, you will able to make money hands over fists. Your return on investment will be good. From what you can see above, the packages offered at IFMR match industry standards as well. Therefore, you clearly don’t have to worry. It is value for money and you can take an education loan without worries.

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Ques

What is the best option among: TAPMI, IFMR, Great Lakes Gurgaon 1 year PGPM?

● Top Answer By Nimitya Dutt on 20 Mar 23

Ans

Remember that the quality of education should be consistent across all institutions. Keep in mind that the MBA program emphasizes teamwork and a unique approach to learning that may differ from traditional education. Consider the financial aspect of pursuing an MBA, as the return on investment (ROI) is crucial. If you plan to take out a loan to finance your education, keep in mind that a significant portion of your salary may go toward paying off your debt. Additionally, the average salary package may include variable pay, meaning you may receive less money than expected. Think about the turnaround time for completing your degree. Some institutions, such as GLIM, offer a one-year PGPM course, which means you can start earning and paying bills sooner than those who opt for a longer program. This can also give you a head start in terms of gaining work experience and building your bank balance. Consider the brand value of the institution you choose to attend. While brand value is important, particularly when seeking employment, it may not hold as much weight in the long term. Ultimately, your achievements and experience will be more important than where you earned your degree. In the end, it's up to you to determine the best approach for your career. Keep in mind that the right balance of ROI, turnaround time, and brand value will depend on your personal circumstances. For example, if you have the financial means, ROI may not be a priority, while if you're just starting out, turnaround time may be more important than brand value.

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Ques

Is IFMR Chennai worth it?

● Top Answer By Neha Juyal on 24 Jun 21

Ans

One of my friends studied at IFMR Global Business School. They have a campus in a Special Economic Zone that's situated 70 kilometers north of Chennai. The MBA program lasts for two years and consists of six semesters. In addition, a 2-month internship is required in between the 3rd and 4th semesters. The facilities offered are a Well stocked library, well-established mentoring scheme, Trading floor, opportunities to learn and earn via live projects, and research collaborations with MIT and Harvard. The faculty at IFMR GSB are among the most educated in the country. Most of them are having Ph.D. from top universities. The following table shows the placement statistics of the institute: Categories IFMR Chennai Course Fee 13.86 lakh Highest CTC 14 LPA Average CTC 9 LPA Recruiting Companies Federal Bank, Deloitte, EY, JP Morgan, etc. They have a diverse culture. It is worth it to join IFMR Chennai. You won't regret your decision if you join IFMR Chennai. If you like the idea of networking with people in the financial industry, then it's a good idea to join IFMR Chennai.

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Ques

Which one should I choose for PGDM between GLIM, GIM, FORE, LIBA, NIBM, IFMR and IIFM, Bhopal? And why? I already have calls from GLIM, GIM, FORE and accepting calls from others also.

● Top Answer By Nivedita Paul on 16 Mar 22

Ans

GLIM, GIM, FORE, and LIBA offer general MBAs. So, you can your preferred specialization during your second year. This will give you a lot of freedom in terms of choosing your industry and job profile. All of these are good options. FORE has a great industry interface. Located in Delhi/NCR, it also enjoys a locational advantage. Your preference order for these four B-School should be - FORE=GIM>GLIM>LIBA. NIBM is a sectoral B-School, so choose it only if you are interested in joining the banking sector. Though IIFM isn’t a sectoral B-School, it is only known for its finance specialization. It is also rated below FORE, GIM, GLIM, and LIBA.

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Ques

Which one is a better B-school? IFMR Chennai or IMT Hyderabad?

● Top Answer By Rupali Mishra on 24 May 22

Ans

Out of these two, IFMR Chennai is better. It is especially good for Finance specialization. BFSI, IT, and Consulting are the major sectors recruiting through the campus drive. During IFMR Chennai placement 2022, students received the highest CTC of INR 18 LPA. Deloitte, KPMG, PwC are some of the top recruiters for the institute.

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Ques

Which one is better, IFMR OR NIBM?

● Top Answer By Poornima Kulkarni on 29 Oct 20

Ans

National Institute of Bank Management (NIBM) is among India's reputed business schools ranking 88th in the 'Top B Schools of India' list. On the other hand, the Institute for Financial Management and Research (IFMR) is also one of the leading business schools which has been ranked 23 in the 'Top Management Colleges of South Zone' and 53rd under Management Category by NIRF. The table given below shows a brief overview of both institutions: Particulars NIBM IFMR Ranking 88th 47 Fees 1.2 Lakhs 16.77 Lakhs Highest Package 18.8 LPA 13.6 LPA Average Package 8.70 LPA 10.8LPA. Placement Rate 100% 99% Admission Procedure: NIBM: Candidates are selected based on CAT, XAT(80%), CMAT(95%) scores, followed by writing tests and interviews. The seat intake is around 120 seats The course fee for PGDM is 3.75LPA + 29K (Hostel Charges per annum). IFMR: Candidates should be from the full degree course and must have 60% marks aggregate in their 10+2 and Undergraduate. Work Experience is not mandatory. Candidates are shortlisted based on scores of CAT, XAT, CMAT, GRE, GMAT. The basic fee for MBA in IFMR is in total 17Lakhs, including all living expenses. Infrastructure : NIBM: The campus is centrally air-conditioned and speeds wi-fi service. Cultural festivals are conducted every year. Poses Auditorium, IT equipped laboratories and digital library. Girl's Residentials are fully furnished with strong security 24X 7. IFMR: IFMR has lush green, environment-friendly, and Wi-Fi enabled campus. It also has digitized AC classrooms. The hostels are fully furnished with an attached bathroom and geyser. Convenient Access to the library, hospitals, stores, etc. Placements: NIBM: NIBM assures 100% placement. The highest package calculated is around INR 18.8 LPA INR 8.70 LPA is the estimated average package in NIBM. Axis Bank, Deloitte, Federal Bank, State Bank of India, HDFC Bank are some of the prominent recruiters of NIBM. IFMR: IFMR ensures 99% placements for its students. INR 13.6 LPA records to be the highest package. The average package in IFMR is INR 10.8LPA. Maximum students get placed under Finance, Marketing, Financial Engineering, HR, General Management, and Operations. Both colleges are pretty good with decent placement percentages. In terms of package and fee structure, NIBM gets pretty good package offers and is relatively cheaper than IFMR.

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Ques

How is IFMR chennai for PGDM? Is it an underestimated college?

● Top Answer By Himani Mishra on 05 Sept 20

Ans

Institution for Financial Management and Research Chennai is a well reputable management college in India. Founded in 1970, IFMR is affiliated to Krea University. The institute has been ranked at 53 among top management colleges in India by NIRF. Given below is an overview of the PGDM program offered by IFMR. Specializations 7 Entrance exam CAT, XAT, CMAT or GRE/GMAT CAT percentile 80 Selection Personal Interview Intake 175 Fee structure 13.2 lakhs Highest placement offered 18 LPA Average placement offered 9 LPA Companies recruiting Wipro, Accenture, Vodafone, HDFC Bank, Kotak, etc IFMR Chennai offers a rigorous 2-year long PGDM program with a strong foundation in Finance. On completion of the course, students get placement offers in various job roles like consultants, analysts, and managers in reputed MNCs. The required CAT cutoff, ranking, average CTC suggest the current position of the institute is justified.

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Ques

Which one should I join, GLIM Chennai (PGDM) or IFMR Chennai?

● Top Answer By Ramya Sagar on 25 Sept 20

Ans

Institution for Financial Management and Research Chennai and Great Lakes Institute of Management Chennai are both reputable colleges of Chennai. GLIM Chennai is ranked 23 for MBA by NIRF 2020. Whereas IFMR Chennai is ranked 53 for the same by NIRF 2020. GLIM Chennai PGDM: Admission: It offers 6 specializations for PGDM and all the courses are AICTE and AMBA approved. The total intake for PGDM programs is 180. In order to get admission a Bachelor's degree in any stream from a recognized institution is a must. Candidates who have more than 24 months of work experience are eligible to apply. It accepts CAT, XAT, CMAT scores for admission. The total course fee is 11.91 lakhs. GLIM Chennai does not provide any scholarships, but they provide certain banks who grant student loans. Placements: According to the placement statistics of 2020, 98% of students were placed. The highest salary offered was21.5 LPA, while the average salary offered was around 10.4 LPA Some of the top recruiters at the institute areDeloitte, Flipkart, Amazon, Swiggy, etc. Facilities: The campus is a residential campus with hostel facilities such as washing machines, twin sharing bedrooms, libraries, laboratories, clubs and societies, and cafeterias as well as ATM machines are available on campus. IFMR Chennai: Admission: It offers 7 specializations for MBA. The total student intake is 180. Good academic performance (such as above 60%) in class X, Class XII, and Graduation is required for admission. Work experience is not mandatory, however, working professionals should have a minimum of 3 years’ experience. The institute accepts CAT, XAT, CMAT, or GRE/GMAT scores. It also conducts WAT and PI for final selection. The total fee is 13.20 lakhs approximately. Scholarships: Based on how a student performs, they are granted Merit-based scholarships at IFMR. Students with the first rank get a scholarship of INR 2 Lakhs and the next 3 students get 1 lakh each. Placements: The university has a 100% placement rate since its establishment. According to the placement highlights of 2020 the highest CTC offered was 18 LPA and the average CTC was recorded around 9 LPA. Some of the major recruiters at the institute are Wipro, Accenture, Vodafone, HDFC bank, Kotak, etc. Facilities: The university has facilities such as air-conditioned classrooms, labs, library, ATM laundrettes, and dedicated TV rooms. The university is a residential campus with hostel rooms on the basis of twin sharing, which have both bath and geyser attached as well. In terms of foods, there is a mess provided with an Indian fast food outlet and also has shops with essential items. The university also has a water body, where the students can relax and stroll and as well as various courts for respective sports. GLIM Chennai has significantly subordinate fees as compared to IFMR Chennai, however, it is conclusively up to the candidate to select their preferable institution.

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Ques

How good is IFMR Chennai for MBA ? (selected for 20-22)

● Top Answer By Ranjeet Bhatia on 19 Jan 21

Ans

The government of Andhra Pradesh had recognized IFMRR GSB as a State Private University in May 2017. My sister is a past-student of IFMR and this is the information she has conveyed to me: IFMR GSB has been offering PGDM program since 2000 at the Chennai campus. It was established in 1970 as a not-for-profit society. The institute was set up to offer research-based inputs to the industries and the government in the field of finance and economics. IFMR GSB has been accredited by the South Asian Quality Assurance System (SAQS) since December 2017. PGDM in IFMR IFMR GSB had already delivered around 17 batches of students in PGDM since the establishment of the institution. The first batch of MBA had graduated in the year 2019. IFMR GSB has been offering two-year postgraduate programs i.e. Masters in Business Administration under KREA University IFMR is one of the leading Business Schools in India for MBA in Finance, Quantitative Finance. IFMR GSB is also one of the few B Schools in India that offers a 2-year full-time MBA program in Data Science. It offers a two-year program in 22 core and about 55 elective courses across various disciplines. Specializations such as Finance, Marketing, IT, Operations, HR, and Strategic Management, with some unique additional specializations in Banking Financial Services and Insurance (BFSI), Quantitative Finance & Data Sciences (Business Analytics) are provided by this college. IFMR Graduate School of Business (GSB) is inviting applications for its two-year Masters in Business Administration Program for the batch 2021-23. The placement report for the MBA Batch 2018-20 has been very impressive. Highest placement offered INR 13.6 LPA Average CTC INR 9.4 LPA Fees 113.45 Lakhs The top Recruiters included Bank of America, Barclays, CITI, Credit Suisse, CRISIL, E & Y, Deloitte USI, KPMG, Accenture, HCL, Genpact, Schneider Electric, and many others. Overall, IFMR Chennai is a good option to go for.

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Ques

What is CMAT cutoff for ifmr?

● Top Answer By Rupali Mishra on 06 Apr 23

Ans

IFMR CMAT cutoff varies each year, depending on various factors such as the number of candidates appearing for the exam, the difficulty level of the exam, and the availability of seats. Based on past trends, CMAT cutoff for IFMR has been around 80-85 percentile in recent years. It's important to note that the cutoff is not the only factor considered in the admission process. Other factors such as academic record, work experience (if any), extracurricular activities, and performance in the Group Discussion (GD) and Personal Interview (PI) rounds also play a crucial role in the final selection. While the CMAT cutoff is a significant factor in the admission process, it's not the only one. So, if you're planning to apply to IFMR, it's recommended that you aim for a score higher than the cutoff to increase your chances of getting selected.

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