Faq


IFMR Graduate School of Business @KREA University

Fulltime MBA 2019-21 Admissions Process

Frequently Asked Questions (FAQs)

Graduates with consistent academic record (any discipline) are eligible to apply. Candidates pursuing final year degree can also apply. Applicants must also submit scores of one (or more) of the following standardized exams: CAT 2018 / XAT 2019 / CMAT 2019/ GMAT & GRE (taken on/ after 1st of January 2016). Kindly note that only Indian Nationals and NRIs are eligible for admission.
IFMR Graduate School of Business (GSB) will admit up to a maximum of 160 students for the batch of MBA (2019-2021). However, the Institute is under no compulsion to fill all 160 Seats. Offers will be made to deserving high quality applicants by competent authorities keeping the 160 Seats Cap in mind.
No. Work experience would be recognized as part of admission process however it is not mandatory.
The application process for MBA 2019 – 2021 will happen in two phases, In phase 1 - Early Decision round (EDR) - applicants with adequate prior work experience will be called for admission process across India.

Phase 2 – General Round – Applicants with less than adequate work experience or no work experience will be called for admission process.

It may be noted that, while IFMR Graduate School of Business recognizes adequate work experience, work experience is not mandatory.

The last date for submission of Online application for EDR round is January 31st 2019 EOD

The last date for submission of Online application for General Round is February 15 2019 EOD
IFMR considers CAT 2018, XAT 2019, CMAT 2019, GMAT and GRE. As far as GRE and GMAT is concerned IFMR GSB will consider any valid score taken on/ after 1st of January 2016
IFMR GSB envisions the MBA 2019-21 admissions process to happen the following places across India:

South – Bangalore, Kochi, Chennai and Hyderabad

West – Ahmedabad, Mumbai, Pune and Jaipur

North – Delhi and Lucknow

East – Kolkata, Bhubaneswar and Patna

However, IFMR GSB reserves the right to change these venues as it deem fit. Such changes would be communicated to the applicants in due course of time. It is incumbent on the applicants to ensure that the communication coordinates (Email and Mobile number) are correct and up to date at the time of online application.
For both EDR and General Round, IFMR GSB will formally release the shortlist via its website on or before 7 working days from the last date of online applications.
No. We do not have any quota system. Admission is purely on merit basis only.
The strength of the IFMR 2-year MBA course is its Finance specialisation with generous employment opportunities in the Banking, Financial Services and Insurance (BFSI) industries.

IFMR GSB offers an unparalleled educational opportunity that, at once, is comprehensive and interwoven, brings together faculty and students with diverse talents and backgrounds, and fosters learning that serves employability and lifelong learning.

The uniqueness of the IFMR-GSB MBA programme is that it is supplemented by liberal arts foundational courses in the first year of the MBA from the KREA University undergraduate programme that prepare students to be productive, purposeful and effective managers.
The following are the scholarship avenues for the students at IFMR GSB.
  • Hindustan Unilever Limited (HUL) T. Thomas Scholarship award for ONE meritorious student.
  • Merit-cum-Means scholarship for 10% of the total students admitted.
More detail on these scholarships will be made available to the students at the time of admission process at different venues across India. Please note that IFMR GSB reserves the right to modify these scholarships, as deemed fit by competent authorities at any point of time.
IFMR has a 100% placement record since inception. Our alumni are well-placed in leadings firms across various sectors such as Investment Banking, IT, Insurance, Manufacturing, SCM, FMCG & Microfinance. The organizations include Accenture, Amba Research, Bank of America, Cap Gemini, CTS, Deloitte, FINO, Genpact, HCL, HDFC Bank, HSBC, ICICI Bank, i-Nautix, Infosys, Irevna, ITC, JP Morgan, L&T Nomura, Novartis, SBI Caps, Shell, Syntel, TCS, Vedanta, etc. (more details are available under Placement link)
The applicant is expected to provide the name and details of two references. Kindly note that if required IFMR may contact the reference person for more details.
IFMR GSB facilitates students to avail educational loans from leading banks.
Not required. However, If you are shortlisted based on the information provided at the time of Online Application, you are required to submit all necessary supporting documents in connection with your application. The details on the supporting documents and the mode of submission would be communicated to you by Email once you are shortlisted.
Candidates meeting the eligibility criteria can apply to IFMR only by visiting forms.ifmr.ac.in and make a payment of Rs.1,500/- through Debit Card / Credit Card / Internet Banking, after which you can fill in the application form and submit online.
The total fee is Rs.12.00 lakhs for the two years. The fee covers tuition, books & materials, library membership, examination fee, IT charges and the Institute’s formalwear.

a. Admission cum first installment fee
[with the refundable caution deposit of Rs.50,000/- at the time of admission - April 2019]            
Rs. 3,50,000/-
b. Second installment fee during November 2019 Rs. 5,00,000/-
c. Third & final installment - June 2020 Rs. 4,00,000/-

Living expenses will be extra and it is estimated that the boarding & lodging would be approximately Rs.1,20,000/- per annum.
IFMR is consistently ranked high among all B-Schools.
  • IFMR Business School, Sri City was awarded unconditional SAQS accreditation for a period of 5 years from Dec 2017 to Nov 2022, by Association of Management Development Institutions in South Asia (AMDISA).
  • IFMR Business School, Sri City was ranked 34 as part of National Institutional Ranking Framework (NIRF), by Ministry of Human Resource Development (MHRD), Government of India.
  • IFMR BSchool, Chennai was ranked 25 in India for 2017-2018 by National HRD Network (NHRDM) and Shine.com.
IFMR GSB has built a world class campus spread over 40 acres in Sri City, 70 kms from Chennai. Sri City is located strategically along National Highway-5 on the border of two industrialized States, Andhra Pradesh and Tamil Nadu. It is India's fastest growing integrated Business City spread over 8000 acres, with a multi-product Special Economic Zone (SEZ). IFMR 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 Indian and export markets. These include Alstom, Kobelco, Danielli, Colgate, Cadburys, Pepsico, Kellogs, Isuzu Motors, and a large number of Japanese, American and European corporations.

The Institute has a built-up area of 300,000 sq. ft. that covers the fully air conditioned main academic block, consisting of classrooms, computer labs, seminar halls, faculty cabins, library, meeting rooms, finance and accounts sections, placement office, residential hostels, a cafeteria with dine-in services, faculty and staff housing and a Management Development Centre residence. The campus has been designed to give easy access to the Differently abled. Hostel rooms are equipped with attached baths, occupied on a twin-sharing basis.

Separate gym for boys and girls and indoor games [table tennis, etc] is available. Facilities are provided for playing cricket, football, volley ball courts, and more will help students unwind and relax after hours of lectures. An open air auditorium and more recreation facilities have also been set up.

A beautiful water body, a walkway and enough greenery makes the campus aesthetically and physically soothing. The entire campus is Wi-fi enabled. Complete security and safety are built in as basic requirements. It is planned to make the campus as not only a higher education institution but also as a vibrant Eco System

There is an IOB ATM within the campus. Additionally, there is a SBI ATM in the Sri City Business Centre. There are few ATMs located in Tada too. Further, there is a full-fledged general store inside the campus, where you can get all the daily necessities.
Medical officer appointed by the Institute will visit twice a week on Saturday and Sunday. In case of emergencies the Institute will arrange for the visit of doctors on other days too. Alternatively, the facility of SIMS Hospital at Sri City will be used.

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 Buses

  • From Madhavaram Mofussil Bus Terminus (MMBT -Chennai Mofussil Bus Terminus): – The Institute is at a distance of 56 Kms. We have plenty of buses to Tada from Madhavaram Bus Station. Buses going to Kalahasthi, Naidupet, Nellore have a stopover at Tada.

By Trains

  • 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.