Question 1

Can I apply if I have a gap year for an MBA at IFMR Chennai?

Accepted Answer

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.

Question 2

When will the applications be available for 2024admissions at IFMR Chennai?

Accepted Answer

The application portal has started acceptingapplications from applicants.The applicants are required to make a non-refundable fee payment of INR 1,500 per application.

Question 3

Is everyone eligible to apply for a scholarship at IFMR Chennai?

Accepted Answer

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.

Question 4

Are placements offered at IFMR Chennai?

Accepted Answer

During IFM Chennai Placements 2023 the highest salary package stood at INR 22.90LPA. Reputed recruiters like Deloitte, PwC, EY, Wells Fargo, Cognizant etc visited the campus.

Question 5

Can students apply for internships other than what is offered on IFMR Chennai?

Accepted Answer

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.

Question 6

What is the student-to-faculty ratio at IFMR Chennai?

Accepted Answer

The student-to-faculty ratio at IFMR GSB is 12:1.

Question 7

How does IFMR Chennai provide loan assistance to students?

Accepted Answer

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 INR2 lacs up to INR2 Crores funding 100% of the total expenses (course fee and living expenses)Rate of interest from 6.75%Repayment tenure- up to 15 yearsMoratorium Period  course Period + six monthsNo prepayment closure charges100% tax benefit for interest paid under Sec (80E)

Question 8

How large is the IFMR Chennai campus?

Accepted Answer

IFMR GSB is spread over40 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.

Question 9

What facilities does IFMR Chennai provide within the campus?

Accepted Answer

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 247, 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.

Question 10

How to reach IFMR Chennai?

Accepted Answer

To reach the Sri City campus:By DrivingFrom 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 BusFrom 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 TrainTada: 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.

Question 11

What sort of salary packages were offered to the students in the placement drive of 2021 at IFMR GSB?

Accepted Answer

In the placement drive of 2021 at IFMR GSB, the average CTC rose to INR 10 LPA whereas the top 25% and 10% students received the average CTC of INR 13.4 LPA and INR 14.6 LPA respectively.

Question 12

In which sector does the maximum number of students were placed at IFMR GSB placements of 2021?

Accepted Answer

In the placement drive of 2021, the maximum number of students were placed in the BFSI (53%) sector followed by the IT Sector (29%).

Question 13

What sort of salary packages are offered at IFMR GSB placements 2020?

Accepted Answer

In the placement drive of 2020, the highest CTC stood at INR 13.6 LPA and the average CTC stood at INR 9.37 LPA and the median CTC stood at INR 9.5 LPA whereas the the top 50%, 25% and 10% average CTC stood at INR 10.8 LPA, 11.8 LPA and 12.8 LPA respectively.

Question 14

Which are the top recruiting companies at IFMR GSB?

Accepted Answer

Some of the top recruiting companies at IFMR GSB are Deloitte, JP Morgan Chase, Standard Chartered Bank and many more.

Question 15

What is the stipend offered at the 2021 summer internship placement drive of 2021 at IFMR GSB?

Accepted Answer

In the summer internship placement drive, the highest stipend stood at INR 1 Lakh whereas the average and median Stipend stood at INR 38.4K and INR 30K respectively.

Question 16

In which sector does the maximum number of students are placed every year at IFMR GSB?

Accepted Answer

From the past 3 years, IFMR GSB 50-75% placements are made in Finance, Consulting and Technology sectors and this year also 87% placements are made in these sectors only.

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