Sri CityIFMR GSB

IFMR Graduate School of Business - [IFMR GSB], Sri City

Sri City, Andhra PradeshEstd 1970 Krea University, Sri City
#60 For MBA By NIRF 2022  
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About IFMR GSB

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Written By Sapna Malik updated 

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 BBA + MBA, 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 22% compared to the last year. 14 New recruiters choose IFRM GSB in the previous placement season. IFMR GSB average package stood at INR 13.5 LPA and the highest package stood at INR 22.9 LPA. Some of the major recruiters included Deloitte, EY, KPMG, JP Morgan & Chase, Wells Fargo, PwC etc.   

Direct Link to Apply for IFMR GSB Admission

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 14,56,000/-.
  • 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, 184 students were hired & the highest salary package stood at INR 22.9 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

MBA
Event  Important Dates
Round 1 Round 2 Round 3 Round 4
Application Opens October 25, 2023
Application Closes January 30, 2024 February 29, 2024 March 30, 2024 April 30, 2024
Interview Registration  February 3, 2024 March 5, 2024 April 3, 2024 May 7, 2024
Interview Dates  February 6 - 8, 2024 March 8 - 9, 2024 April 6, 2024 May 11 - 14, 2024
Registration, Orientation, and Class Begins First Week of July 2024

Note: In-person interviews will also be conducted in the following cities

  1. Chennai & Kolkata - Second week of February 2024
  2. Lucknow & Pune - Second week of March 2024
  3. Indore - Second week of April 2024
BBA + MBA
Event  Important Dates
Round 1 Round 2 Round 3 Round 4
Application Opens October 25, 2023
Application Closes November 15, 2023 January 6, 2024 April 3, 2024 May 8, 2024
KREA Aptitude Test November 23 - 25, 2023 January 19 - 21, 2024 April 11 - 13, 2024 May 15 - 17, 2024
Personal Interview December 16 - 17, 2023 January 26 - 28, 2024 April 17 - 24, 2024 May 22 - 28, 2024
Admission Decisions December 22, 2023 February 10, 2024 April 30, 2024 June 7, 2024
Last Date for Acceptance January 21, 2024 March 31, 2024 June 2, 2024 June 23, 2024
Reporting Date at Campus July 11 - 12, 2024
Commencement of Program July 15, 2024
Classes Begin July 16, 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 14,56,000 (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
BBA + MBA Class 12th or equivalent with 60% Marks / Candidates in final year of 12th examinations can apply
Duration: 5 years
Admission Criteria: IPMAT / SAT / KREA Aptitude Test + Personal Interview
Intake: 60
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 222
CAT => 75%ILE
CMAT-AIR =>7200
GMAT 650
XAT =>75%ILE
GRE 350

Check IFMR Cutoff

IFMR Chennai Placements 2023

Batch Placement Statistics (2021-23)
Placement Percentage 100%
Companies Participated 55
No. of students placed  184
No. of PPO received 30
Highest CTC INR 22.9 LPA
Average CTC INR 13.5 LPA
Median CTC INR 13.1 LPA
Top 10% CTC INR 19.2 LPA
Top 25% CTC INR 17.3 LPA
Top 50% CTC INR 15.6 LPA
Major Recruiting Sectors IT, Automobile, Construction, Electronics & Manufacturing
Futuristic Roles Offered Risk Management, Consulting, Analytics, Regulatory Reporting
Top Recruiters Deloitte, Nomura, Axis Bnak, HSBC, EY, JP Morgan Chase & Co, etc.

IFMR Chennai Summer Internship

IFMR 2022-24 batch bagged 100% summer internship and the average stipend is INR 22,000 per month. The statistics are detailed below:

Batch Strength 174
Average TOP 50% Stipend INR 40,500 pm
Average TOP 25% Stipend INR 55,300 pm
Top recruiters Dell, HSBC, HDFC, Bajaj Capital, SBI Cap and many more

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 2024 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 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.

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IFMR GSB Fees & Eligibility

Full time Courses
CourseFeesEligibilityApplication DateAction
MBA
1 Course
14.56 Lakhs (Total Fees) Graduation with 60%25 Oct - 21 Apr 2024
Ph.D
7 Courses
36,500 (1st Year Fees) Post Graduation with 55%1 Dec - 15 Mar 2024
Certification
2 Courses
40,000 (Total Fees) 10+2-
BBA + MBA
1 Course
29.56 Lakhs (Total Fees) 10+2 with 60%25 Oct - 08 May 2024

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Courses Offered By IFMR GSB 2024

Select Degree and Streams to See Course Fees and Admission Details.

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Streams :
Data ScienceCorporate EducationEconomicsHuman Resources ManagementInformation TechnologyFinanceGeneralManagerial StudiesMarketingOperations Management
Degree :
MBABBA + MBACertificationEMBAMDPPh.D.
Program Type :
Full TimePart Time
1 Courses2 Years Full Time
#60out of 125 by NIRF

Eligibility:

Graduation with 60%

Application Date:

25 Oct - 21 Apr 2024
Certification 
Total Fees:₹40,000
2 Courses 6 MonthsFull Time
#60out of 125 by NIRF

Eligibility:

10+2
3 Years Full Time
#60out of 125 by NIRF

Eligibility:

Graduation
Ph.D 
1st Yr Fees:₹36,500
7 Courses2 Years Full Time

Eligibility:

Post Graduation with 55%

Application Date:

1 Dec - 15 Mar 2024
1 Courses5 Years Full Time
#60out of 125 by NIRF

Eligibility:

10+2 with 60%

Application Date:

25 Oct - 08 May 2024

Do you think the fees are wrong ?  Report Here

IFMR GSB Upcoming Application Dates 2024

Important Events

EventsDates
CAT 2024 Result Date
Tentative
Dec 26, 2024

Expired Events

EventsDates
CAT 2024 Exam DateNov 24, 2024
CAT 2024 Admit Card DateOct 25, 2024
CAT 2024 Registration DateAug 03, 2024 - Sep 20, 2024

Important Events

EventsDates
CAT 2024 Result Date
Tentative
Dec 26, 2024

Expired Events

EventsDates
CAT 2024 Exam DateNov 24, 2024
CAT 2024 Admit Card DateOct 25, 2024
CAT 2024 Registration DateAug 03, 2024 - Sep 20, 2024

Do you think the Dates are wrong ?  Report Here

IFMR GSB Cutoff 2024

Exams

IFMR GSB, CMAT Cutoff 2023

IFMR GSB, CMAT Cutoff 2023 for General Category is listed below. The overall cutoff percentile for CMAT is 85

Courses
Round 1
85

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IFMR GSB Rankings 2024

You can check college rankings with different ranking agencies.

IFMR GSB Financial Express Ranking

#47out of 50 in India 2019
Financial Express

Do you think the Rankings are wrong ?  Report Here

Course Finder

Search from 20K+ Courses and 35+ Streams

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IFMR GSB Facilities

You can check here to see what types of facilities IFMR GSB provides.

Library
Cafeteria
Auditorium
Medical
Comp Labs
Wi-FI Campus

IFMR GSB Faculty

Basic Information about the Faculty of IFMR GSB

director
Dr. V Anantha Nageswaran
Assistant Professor
Ankit Singhal
Finance
Ankur Paliwal
Assistant Professor of Finance
Senior Professor & Advisor
Balasubramanian G
Finance
Professor
Chandrasekaran N
Operations Management
Associate Professor
Gayathri Sampath
Strategy
Associate Professor
Jayasankar Ramanathan
Marketing
Associate Professor
Jyoti Prasad Mukhopadhyay
Economics

Other Colleges in the Same Group

Scholarship provided by college

Krea University
Krea University
Krea University
Andhra Pradesh

IFMR GSB College Details

Basic Information About the Colleges

Sri City Campus, 5655, Central Expressway
Sri City - 517646
Andhra Pradesh, India
Get SMS Contact:  044-28279208
Get Call Details:  044-28279208
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