IFMR Krea University: Courses, Fees, Admission 2024, Placements, Rankings

CMAT 2025 is scheduled to be held on January 25, 2025, almost four months ahead of previous years. The CMAT exam is usually held in March-April, but in 2023 and 2024, it was held in May. The last time CMAT was held in January was in the year 2019. 

The NTA has announced registration dates via an official circular, which has been released online at the NTA website on November 14, 2024. The CMAT 2025 exam schedule includes registration window open and close dates and form correction dates. CMAT 2025 registration has started, and the last date to apply is December 13, 2024, and the admit card is expected to be released on January 20, 2025. 

 The list of documents required at the time of submitting the IFMR GSB application is given below:

• Class 10 and Class 12 mark sheet
• UG mark sheets (if applicable)
• PG mark sheets (if applicable)
• Date of birth certificate
• Passport-size photograph
• Transfer certificate
• Character certificate

Yes, IFMR Graduate School of Business can be considered as a good college as it is one of the schools of Krea University and has been accredited by the South Asian Quality Assurance System (SAQS) for five years since December 2017. The college was established in 1970 and is located in Sri City, Andhra Pradesh. 

BBA at IFMR Chennai is offerd as an integrated course with MBA. The programme last for five years with ten semesters, However, candidates can puruse the exit options offered by the college.

• Exit after three years with the BBA degree
• Exit after four years with a BBA Honours degree
• On completion of five years, get an Integrated MBA degree

As per the latest report, nearly 100% of the MBA batch 2024 was placed in reputed global and Indian Consulting, Finance, and Technology companies. The highest and average package offered during IFMR placements in 2024 stood at INR 21.74 LPA and INR 13.04 LPA, respectively. The key highlights of IFMR placements for the Class of 2023 and 2024 are tabulated below:

Particulars	Placement Statistics (2023)	Placement Statistics (2024)
Highest package	INR 22.90 LPA	INR 21.74 LPA
Average package	INR 13.50 LPA	INR 13.04 LPA
Median package	INR 11.09 LPA	INR 13.06 LPA
Placement rate	100%	nearly 100%
Total recruiters	55	70
New recruiters	14	12
PPOs offered	30	23

{Source: MBA/PGDM students & alumni}

Placement Cell Success Rate for MBA/PGDM Students at IFMR Krea University

Based on the statements provided by students and alumni, here's what we know about the success rate of the placement cell:

* Finance students received placements in top companies: According to several students, finance students were able to secure placements in reputed firms such as JP Morgan, Wells Fargo, Morgan Stanley, HSBC, and others.
* Average salary package over INR10 LPA: The placement cell was able to secure average salary packages exceeding INR10 LPA (lakhs) for finance students.
* PAN India opportunities: Placements were secured across different locations in India, providing students with opportunities to work in various parts of the country.

Overall, while individual perspectives may vary, the collective feedback suggests that the placement cell at IFMR Krea University has been successful in securing jobs for MBA/PGDM students, particularly those pursuing finance specializations.

The institute attracted 55 recruiters for its 2023 placement session who offered a variety of job roles to the students across sectors, such as BFSI, IT, Education, FMCG, Consulting, and E-Commerce, etc. The top recruiters of IFMR in 2023 included Barclays, Deloitte, Wells Fargo, EY, HSBC India, Morgan Stanley, NOMURA, TVS NEXT, Societe Generale, Axis Bank, Cognizant, Accenture, JPMC, etc. These recruiters placed students in various sectors and offered new-age job profiles.

IFMR Chennai application window  for the admission year 2024-25 started on Oct 25, 2023. The admission process will be conducted in four rounds. Candidates can apply online on the official website of the institute for admission. Below table mentions the round-wise application closing date for IFMR Chennai MBA admission 2024:

Application Rounds	Closing Date
Round-1	30 Jan '24
Round-2	29 Feb '24
Round-3	30 Mar '24
Round-4	30 Apr '24

IFMR Chennai offers MBA course for a duration of two years. This course is offered across seven major specialisations. As per the information referred from the unofficial website, the total seat intake for all MBA courses at IFMR Chennai is 180. Candidates willing to secure a seat at IFMR GSB for MBA course must fulfill the minimum eligibility criteria as per the course requirements and qualify for the respective national-level entrance exams.

The application fee for IFMR admissions is around INR 1,500. Candidates who are interested can apply online by visiting the official website and register by filling the required information. Then pay the fees via online mode using debit card/ credit card/ net banking to conclude the application process.

Life at IFMR Graduate School of Business (IFMR GSB) in Chennai is a blend of academic rigor, practical learning, and a vibrant student community. Here are some highlights of life at IFMR GSB:
1- The campus is a lush green 40-acre oasis, located in Sri City, Andhra Pradesh, offering a serene environment for students to focus on their studies.
2- IFMR GSB boasts modern infrastructure, including a library with a rich collection of books, audio-visual materials, and an institutional repository.
3- It has a strong placement record, with 100% placements for its MBA cohort in 2021-23. Top recruiting companies include JPMC, Credit Suisse, Deloitte, Accenture, Wells Fargo, Ernst & Young, KPMG, Crisil, and Citi.
4- The college is known for its Finance major curriculum and top Finance faculty members, with most roles offered to students being finance-based.

Yes IFMR Chennai is better than Great Lakes Institute of management, Gurgaon for the following reason

Plcement and Allumni network are better of IFMR Chennai.

But fess is slightly higher than GLIM. 

IFMR Chennai, also known as the IFMR Graduate School of Business, is highly regarded and has been ranked as one of India's top management institutes. It is particularly well-regarded for its finance specialisation and has a strong track record in placements, with a wide range of companies recruiting from the campus. The institute's modern infrastructure and strong average salary packages further contribute to its positive reputation.

IFMR Graduate school of Business accepts various national-level entrance exam for admission to MBA, namely CAT, XAT, NMAT, CMAT, GRE and GMAT. Candidates have to qualify for any one of the respective entrance exam to get admission to MBA course. Find below the exam-wise minimum percentile required for IFMR Chennai MBA admission 2024:

Exam Name	Minimum Percentile
CAT : 2022 & 2023	75 Percentile
XAT : 2023 & 2024	75 Percentile
NMAT : Oct 2023 – Feb 2024	222 Score
CMAT: 2024	AIR upto 7200
GMAT : 2022, 2023, 2024	Score of 650
GRE : 2022, 2023, 2024	Score of 310

 

Institute for Financial Management and Research witnessed the participation of 55 recruiters in the 2024 placements. Earlier in 2023, the total number of recruiters stood at 55. The total number of recruiters participated during IFMR Chennai placements between 2022 and 2024 are tabulated below:

Particulars	Placement Statistics (2022)	Placement Statistics (2023)	Placement Statistics (2024)
Total recruiters	34	55	70

The eligibility criteria for the MBA course at IFMR Chennai is that the candidate should have passed a full-time graduation degree in any stream from a recognised institute/ university with minimum 60% aggregate. Further, candidates must have been born after 01 January, 1997 as per the minimum age requirement. Candidates in the final year of the undergraduate degree can also apply for the course. Also, students from ODL (Open and Distance Learning) institutions are also eligible to apply as per the UGC policy and notification. 

Yes, IFMR Chennai accepts IPMAT scores for admission to BBA courses. Candidates can get admission to BBA at IFMR Chennai with a valid score in IPMAT entrance exam. Integrated Program in Management Aptitude Test (IPMAT) is conducted by the Indian Institute of Management Indore (IIM Indore). The national level test is a gateway for admission to the five-year Integrated Program in Management offered at IIM Indore. 

Yes, IFMR accepts CAT scores for admission to MBA course. Candidates seeking for admission to MBA can qualify for CAT exam with minimum 75 percentile and submit their scores at the time of filling the application form. Apart from this, the institute also accepts scores of other national level entrance exam such as XAT, NMAT, CMAT, GRE and GMAT. Candidates can qualify for any one of the respective entrance exam in order to get the admission.

IFMR Chennai accepts scores from various entrance exams for admission to its MBA program. Here are the details:

1. Common Admission Test (CAT): Candidates can apply using their CAT scores. The expected CAT cutoff percentile is 75.
2. Xavier Aptitude Test (XAT): XAT scores are also accepted.
3. NMAT: Applicants can use their NMAT scores.
4. Common Management Admission Test (CMAT): CMAT scores are considered.
5. Graduate Management Admission Test (GMAT): GMAT scores from 2022 to 2024 are valid.
6. Graduate Record Examination (GRE): GRE scores from 2022 to 2024 are accepted.

The selection process includes a Written Ability Test (WAT) followed by a personal interview (PI). Eligible candidates need to meet the specified cutoffs and demonstrate excellence in academics and other non-academic endeavors.

For more comprehensive information about IFMR Chennai’s eligibility criteria, selection process, and fees, you can visit their official website1. Keep in mind that work experience is not mandatory, but if you have it, it should be less than or equal to 3 years1. Additionally, the admission committee evaluates applicants based on their past academic performance, entrance test scores, and passion for excellence in non-academic activities such as sports, debate, drama, and volunteering.

Remember to check the specific eligibility criteria and cutoffs for each entrance exam, as they may vary. Best of luck with your MBA journey

In order to get admission to MBA at IFMR Chennai, candidates must fulfil the minimum eligibility criteria in the first place. Candidates who secure the minimum of 60% aggregate in graduation are eligible to apply for the course. Additionally, candidates having minimum three years of work experience will be given extra credits during the selection process. Admission to this course is entirely entrance-based. Candidates are required to qualify for either CAT/ XAT/ NMAT/ CMAT/ GRE/ GMAT enrance exams with a valid percentile/ rank. The final admission will be offered based on candidates performance in the Personal Interview (PI) round.