Established in 1970, IFMR Graduate School of Business (also, IFMR Chennai) at Krea University is a private business school located at Sri City, in Andhra Pradesh. The Business School is accredited by SAQS. IFMR has one of the highest Faculty: Student ratio amongst private schools in India. The college offers a 2-year full time flagship MBA program and annual intake is 180 students for this program. The Business School also offers EMBA, MDP, Certificate courses and PhD. degree in Finance, Economics and Management. IFMR accepts the scores of CAT/ XAT/ CMAT/ GMAT/ GRE/ NMAT followed by application screening, Writing Ability Test (WAT) and a PI round. Check IFMR Course & Fee Structure
During IFMR GSB Placements 2023, the average salary increased by 20% compared to the last year. 158 students were hired by the 39 recruiters. IFMR GSB average package stood at INR 13 LPA and the highest package stoof at INR 20 LPA. Some of the major recruiters included Deloitte, EY, KPMG, JP Morgan & Chase, Wells Fargo, PwC etc. The highest salary package stood at INR 18 LPA.
Table of Content
IFMR Chennai Quick Facts
- MBA program of IFMR Business school is fully residential & spans a duration of 2 years. The tuition fee for its full time flagship MBA programme is INR 13,86,000/-.
- IFMR GSB is recognized as a Scientific and Industrial Research Organization (SIRO) Ministry of Science and Technology, Government of India.
- During the 2023 placement drive, 158 students were hired & the highest salary package stood at INR 20 LPA.
- The college consists of dedicated faculties holding PhDs from universities such as Minnesota, Ohio, Georgia and Texas A&M in the US as well as the IIMs and IITs in India.
- IFMR GSB has introduced a new program on Leadership Development called LEAP in partnership with WayCool Foods.
Also Check CMAT Cutoff for IFMR
IFMR Chennai Important Dates 2024
CAT Dates | |
---|---|
CAT Registration Starts | August 2, 2023 |
CAT Registration Ends | September 13, 2023 |
CAT Admit Card | October 25, 2023 |
CAT Exam Date | November 26, 2023 |
XAT Dates | |
---|---|
XAT Registration Opens | July 15, 2023 |
XAT Registration Closes | November 30, 2023 |
Last Date for XAT Application through GMAT / GRE | December 31, 2023 |
XAT Exam Date | January 07, 2024 (2:00 PM to 5:10 PM) |
NMAT Dates | |
---|---|
NMAT Registration | August 1 - October 10, 2023 |
NMAT Scheduling | August 1 - October 12, 2023 |
NMAT Re-Scheduling | August 1 - December 16, 2023 |
NMAT Exam Dates | October 10 - December 19, 2023 |
NMAT Registration Retake | October 11 - December 16, 2023 |
NMAT Retake Scheduling | October 11 - December 16, 2023 |
NMAT Last Date for Scorecard Download | March 31, 2024 |
MBA | |||||
---|---|---|---|---|---|
Event | Important Dates (Tentative) | ||||
Application Opens | October 25, 2023 | ||||
Application Closes | December 30, 2024 | January 29, 2024 | February 26, 2024 | March 26, 2024 | May 29, 2024 |
Interview Registration | January 03, 2024 | January 31, 2024 | February 28, 2024 | March 28, 2024 | May 31, 2024 |
Interview Dates | January 07 - 08, 2024 | February 04 - 06, 2024 | March 04 - 05, 2024 | April 01 - 02, 2024 | June 03 - 06, 2024 |
Registration, Orientation, and Class Begins | First Week of July 2024 |
IFMR Chennai Ranking
Ranking Body | Category | Ranking |
---|---|---|
NIRF 2023 | Management | 74 |
IFMR Chennai Course & Fee Structure
Courses | Eligibility |
---|---|
MBA | A minimum 60% score in class 10th, 12th, and graduation./ Candidates in the final year of the undergraduate degree can apply. Duration: 2 years Admission Criteria: CAT, CMAT, NMAT by GMAC, XAT, GMAT + Written Ability Test + Personal Interview Intake: 180 Fee: INR 14,21,000 (excluding 2-year boarding Charges) |
Executive MBA | Full-time graduate degree in any stream from a recognized institute/ university/ Relevant work experience of 2 years Duration: 3 years Admission Criteria: written tests by IFMR GSB faculty+PI at L&T Construction’s offices. Intake: 45 (2019-2022) |
MDP | Minimum Graduation from Any Recognized University /Institution Duration: 6 months -1 year Admission Criteria: WAT by IFMR GSB+PI |
PhD | Minimum 60% marks in undergraduate degree / Master Degree or equivalent PG Diploma in any discipline/ Full-Time Graduates/ candidates in the final year of the post-graduate degree are eligible to apply Duration: Min 3 Years Admission Criteria: CAT, CMAT, GATE, GMAT, GRE, NET JRF, NMAT, XAT +PI |
Data Science | A bachelor's degree from a reputed institution. Having work experience in the public or private sector. Duration: 10 months Admission Criteria: Based on application+PI |
Check IFMR Admission Process
IFMR Chennai Cutoff 2023
Qualifying Exams | Cutoff 2023 |
---|---|
NMAT | Score of 222 |
CAT | 75 percentile |
CMAT | Score of 220 |
GMAT | Score of 650 |
XAT | 75 percentile |
GRE | Score of 310 |
Check IFMR Cutoff
IFMR Chennai Placements 2023
Batch | Placement Statistics (2021-23) |
---|---|
Placement Percentage | 86% |
Number of Students participated | 184 |
Number of students placed | 158 |
Companies Participated | 39 |
Highest CTC | INR 20 LPA |
Average CTC | INR 13 LPA |
Major Recruiting Sectors | BFSI, Consulting, and IT |
Futuristic Roles Offered | Risk Management, Consulting, Analytics, Regulatory Reporting |
Top Recruiters | Deloitte, Nomura, Axis Bnak, HSBC, EY, JP Morgan Chase & Co, etc. |
Also Check IFMR Reviews here
IFMR Chennai Scholarship
- Full Tuition fee waiver scholarship: On the basis of their academic record, scores on competitive exams, and performance on admissions criteria such as written tests and interviews.
- Merit-cum-Means Scholarships: The eligibility includes a Minimum CGPA of 3.50 at the end of the first year & an annual family income of less than INR 10 Lakhs. Students are eligible for a scholarship amount up to INR 2.50 lakh.
- Merit Scholarships: Based on the CGPA at the end of the second year, merit scholarships are awarded. For First Rank, INR 2 Lacs is given and for the next three ranks, INR 1 Lac is provided to each to three students
- T Thomas Scholarships for Business Leaders: Provided by HUL, this scholarship worth INR 1 Lac is given to the second-year students of the outgoing batch.
Check IFMR Scholarship Details here
IFMR Chennai FAQs
Ques. Can I apply if I have a gap year for an MBA at IFMR Chennai?
Ans. Yes, applicants are eligible to apply with a gap year only if they can justify their reason for the break. Also, they must quote their activities during the gap year(s) in the application itself.
Ques. When will the applications be available for 2023 admissions at IFMR Chennai?
Ans. The application portal has started accepting applications from applicants. The applicants are required to make a non-refundable fee payment of INR 1,500 per application.
Ques. Is everyone eligible to apply for a scholarship at IFMR Chennai?
Ans. There are two types of scholarships offered: Merit-based and Need-based. There are different criteria for selection and applicants must fulfill all requirements in order to avail one.
Ques. Are placements offered at IFMR Chennai?
Ans. During IFM Chennai Placements 2023, 55 recruiters visited the campus. The highest salary package stood at INR 22.90 LPA. Reputed recruiters like Deloitte, PwC, EY, Wells Fargo, Cognizant etc visited the campus.
Ques. Can students apply for internships other than what is offered on IFMR Chennai?
Ans. No, applicants must apply for internships through the on-campus recruitment process only. These are partnering companies that offer 100% internships as per the recent data 2023 batch.
Ques. What is the student-to-faculty ratio at IFMR Chennai?
Ans. The student-to-faculty ratio at IFMR GSB is 12:1.
Ques. How does IFMR Chennai provide loan assistance to students?
Ans. The institute provides loan assistance to the students with the help of WeMakeScholars, supported by the Govt of India. They are associated with 10+ public/banks and NBFCs in India and provide assistance to find the best education loan matching your profile. This application process is a free-of-charge initiative under the Digital Indian campaign which has benefited more than 10,000 students.
- Loan amount- from INR 2 lacs up to INR 2 Crores funding 100% of the total expenses (course fee and living expenses)
- Rate of interest – from 6.75%
- Repayment tenure- up to 15 years
- Moratorium Period – course Period + six months
- No prepayment closure charges
- 100% tax benefit for interest paid under Sec (80E)
Ques. How large is the IFMR Chennai campus?
Ans. IFMR GSB is spread over 40 acres in Sri City, 70 km from Chennai. IFMR GSB Sri City campus is an academic Centre of Excellence in the midst of global organizations setting up world-class manufacturing plants in Sri City to cater to the Indian and export markets. These include Alstom, Kobelco, Danielli, Colgate, Cadburys, Pepsico, Kelloggs, Isuzu Motors, and a large number of Japanese, American, and European corporations.
Ques. What facilities does IFMR Chennai provide within the campus?
Ans. The 3,00,000 sq. ft world-class campus in 40 acres of land has air-conditioned classrooms, a wi-fi campus, ATM, along a health center. The other facilities include air-conditioned hostel rooms, laundromat, convenience store, fitness studio, student lounge, student hub with indoor games, snack vending machine, unisex salon, basketball court, cricket nets. Coffee shop, 4 bedded Medical center operated by Kauvery Hospitals with a Doctor and nurse available 24×7, Pharmacy, First Aid Boxes on all floors and campus BLS Ambulance, 12,000 sq ft futsal with night playing facilities and 1,10,000 sq ft open-air Amphitheatre.
Ques. How to reach IFMR Chennai?
Ans. To reach the Sri City campus:
By Driving
- From Chennai International Airport: The Institute is at a driving distance of 85 km – about 1 hour 45 mins from Chennai International Airport.
- From Tirupathi International Airport: The Institute is at a driving distance of 75 km – about 1 hour 30 mins from Tirupathi International Airport.
- From Chennai Central Railway Station: The Institute is at a driving distance of 70 km – about 1 hour 30 mins from Chennai Central Railway Station.
- From Sullurpeta Railway Station: The Institute is at a driving distance of 22 km – about 20 mins from Sullurpeta Railway Station.
- From Tada Railway Station: The Institute is at a driving distance of 9 km – about 10 mins from Tada Railway Station.
By Bus
- From Madhavaram Mofussil Bus Terminus (MMBT -Chennai Mofussil Bus Terminus): – The Institute is at a distance of 56 km. We have plenty of buses to Tada from Madhavaram Bus Station. Buses going to Kalahasthi, Naidupet, Nellore have a stopover at Tada.
By Train
- Tada: – From Chennai Central the closest Railway Station to Sri City is Tada. There are local trains running from Chennai Central to Tada Railway Station. Travel time by Chennai Local Train to Tada is 2 hours.
Comments