Master of Business Administration (MBA) 

at IFMR Krea University, Andhra Pradesh - Other

IFMR Chennai provides various merit and need-based scholarships. These scholarships include Merit-cum-Means Scholarships, Merit Scholarships, etc. The students who fulfil the eligibility criteria are awarded a scholarship amount of up to INR 2 lakh. Also, the institute is authorised to nominate eligible students for a set number of scholarships given by the CFA institute to take the coveted CFA Programme while pursuing their MBA at IFMR GSB, Krea University.

Given below are main categories under which the IFMR Chennai provides scholarships:

• Merit-Cum-Means Scholarship
• Merit Scholarship
• T. Thomas Scholarship For Business Leaders
• CFA – CMA – IFMR GSB University Affiliation Program Partnership

As per the placement report 2023, the IFMR average package offered during the 2023 placements drive stood INR 13.50 LPA. Earlier in 2022, the average package offered stood at INR 11.21 LPA. Thus, a rise of 16% in the average package was observed in 2023 when compared with 2022. Going back to 2021 placements, the average package offered stood at INR 10 LPA.

IFMR Chennai is ranked under the list of top 100 colleges in India by NIRF for MBA courses. Candidates can consider the ranking factor to choose the best institute to pursue Management course. A two consecutive year ranking comparison for IFMR Chennai MBA course is tabulated below:

IFMR offers good placements for its MBA course annually. In 2023, the institute recorded 100% placements for its MBA cohort of 2021-23. A total of 55 recruiters participated in the placement process and placed all 184 students in new-age job roles. The highest and average package offered during IFMR placements 2023 stood at INR 22.90 LPA and INR 13.50 LPA, respectively. The top recruiters of IFMR MBA placements in 2023 included Barclays, Deloitte, Wells Fargo, EY, HSBC India, Morgan Stanley, NOMURA, TVS NEXT, Societe Generale, Axis Bank, Cognizant, Accenture, JPMC, etc.

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.

Yes, IFMR Chennai is a good business school for MBA. It offers a two-year full-time MBA program across seven major specializations, including Finance, Marketing, Data Science, Operations, OB & Human Resources. It has a good placement record, with all 184 students from the MBA cohort of 2021-23 being placed in reputed global and Indian Consulting, Finance, and Technology companies. The highest package offered during IFMR placements in 2023 stood at INR 22.90 LPA. The top recruiters of IFMR Chennai in 2023 included Barclays, Deloitte, Wells Fargo, EY, HSBC India, Morgan Stanley, NOMURA, TVS NEXT, Societe Generale, Axis Bank, Cognizant, Accenture, JPMC, and others.

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. 

IFMR Graduate School of Business at Krea University offers both BBA and MBA programs. However, the MBA programme has better placement records than the BBA program. In 2023, the institute recorded 100% placements for its MBA cohort of 2021-23, with the highest package offered being INR 22.90 LPA and the average package being INR 13.50 LPA. On the other hand. The MBA programme is fully residential and spans a duration of 2 years. The college has received recognition from the CFA Institute (USA) which allows meritorious students. The sanctioned annual intake for the MBA programme is 180 students. IFMR Chennai has been ranked 60 by NIRF ranking 2022 for Management category. The highest and average package offered during IFMR placements 2023 stood at INR 22.90 LPA and INR respectively.

IFMR Chennai offers a two-year MBA course in a full-time mode. Candidates can pusue this course across seven major specialisations. The MBA specialisations offered at IFMR Chennai are as follows:

1. Data Science & Information Systems
2. Economics
3. Finance, Accounting & Quantitive Finance
4. Organizational Behaviour & Human Resources
5. Marketing Management
6. Operations Management
7. Strategic Management

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.