IFMR Krea University MBA Courses & Fees 2025: Admission Dates, Eligibility, Application Process, Placements

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. 

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.

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 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.

Candidates can apply online by visiting the official website. The admissions to the courses are both entrance-based and merit-based. The steps to apply online is that candidates need to visit the official website of IFMR. On its homepage, click on Apply Now. Then register by filling the required details. After, this fill in the form by addressing academic details. Finally, candidates need to pay the application fee of INR 1,500 and submit the form.

{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.

IFMR GSB, Krea University has been ranked 60 by NIRF ranking 2022 for Management category. Moreover, the highest package offered during IFMR placements 2023 was INR 22.90. Further, the college provides modern amenities with state-of-the-art infrastructure to its students. Also, IFMR Graduate School of Business provides various facilities to the students and some of them include spacious classrooms, sports, separate hostels for boys and girls, auditorium, seminar halls, health facility, etc.

The IFMR Chennai MBA fees ranges between INR 14.2 lakh - INR 29.6 lakh for both the years. The duration of the course is two years. This total tuition fee amount is inclusive of fee components such as Admission Acceptance Fee and Refundable Caution Deposit. Other than this, students have to pay for Boarding & Lodging Charges including laundry charges and Alumni Fee, separately. Candidates have to pay for the first installment of the tuition fee at the time of accepting the offer letter.

However, this information is sourced from official website/ sanctioning body and is subject to change. 

As per the latest report, the highest stipend offered during IFMR summer placements 2024 stood at INR 75,000 per month. The highest stipend offered during IFMR summer placements bteween 2023 and 2024 is tabulated below:

Particulars	Placement Statistics (2023)	Placement Statistics (2024)
Highest stipend	INR 1 Lacs per month	INR 75,000 per mont

The minimum cutoff for MBA at IFMR Chennai for 2023 is 75 percentile in CAT 2022 and 2023, a score of 220 in CMAT 2023, and 75 percentile in XAT 2023 and 2024. The GMAT score of 650 is also accepted for 2022, 2023, and 2024. The eligibility criteria for MBA 2024-26 include a minimum of 60% in Class X, Class XII, and UG. Work experience is not mandatory, and fresh graduates as well as candidates with work experience up to 36 months are eligible. The best score among the competitive exam scores given by the applicant will be considered subject to meeting the eligibility cutoff. IFMR Chennai considers a range of entrance exam scores for admitting students into its MBA program, and the cutoff percentile for the general category students was 93 percentile.

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.

The CAT exam is always conducted on the last Sunday of November every year so the CAT 2024 exam will be conducted on November 24, 2024. Official announcement of the CAT 2024 exam date will be made by the convening IIM on July 30, 2024. The announcement will be made at the iimcat.ac.in website as well as in all the national dailies across India. We at Shiksha have also notify the aspirants through our communication channels. Registrations cum application process for CAT 2024 will begin from the first week of August and end in the third week of September 2024.

Check below CAT exam dates for last five years:

• CAT 2023: November 26
• CAT 2022: November 27
• CAT 2021: November 28
• CAT 2020: November 29 
• CAT 2019: November 24

{Source: MBA/PGDM students & alumni}

Based on the reviews and feedback from students and alumni, here's what we've found:

Placements:
* Over 70% of students got placed in the previous batches, with an average package of 2.5 LPA and the highest being 11 LPA.
* Recruiters include top names such as Accenture, Genpact, EXL, JPMC, Deloitte, EY, KPMG, and more.
* Roles offered vary from consulting to market research to risk analyst.

Facilities:
* Modern infrastructure with air-conditioned classrooms, state-of-the-art libraries, and comfortable hostel accommodations.
* Wi-Fi campus, ATMs, convenience stores, and gyms are available on campus.
* The quality of food is generally considered to be good, with options for South Indian and North Indian cuisine.

Faculty:
* Experienced faculty members with industry backgrounds teach courses in areas such as finance, marketing, operations, and human resource management.
* Faculty members are approachable, knowledgeable, and supportive.

Course Curriculum:
* Relevant and industry-focused, preparing students for careers in finance, marketing, operations, and more.
* Practical learning opportunities through live projects and case studies.

Campus Life:
* Vibrant campus culture with regular events, festivals, and sports activities.
* A balance between academics and extracurricular activities is encouraged.

Reviews:
* "Financing and Placement cell works well."
* "Good faculty and good infrastructure."
* "Experienced faculty members with industry exposure."

Overall, IFMR Krea University seems to offer a solid foundation for a successful MBA/PGDM program. While there may be minor drawbacks, the positives outweigh the negatives, making it a viable option for those interested in pursuing a graduate degree in management.

Yes, IFMR has a good track record of placements. 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

Certainly! Let’s compare IFMR Graduate School of Business (GSB) in Chennai with Great Lakes Institute of Management (GLIM) in Gurgaon. Both institutions have their unique strengths, so let’s delve into the details:

IFMR GSB, Chennai:

• Location: Situated in Sri City, Andhra Pradesh, approximately 70 km from Chennai.
• Campus: Boasts a 3,00,000 sq. ft Wi-Fi enabled campus spread across 40 acres of land.
• Specialization: Known for its MBA in Finance and Financial Engineering.
• Fees: Approximately INR 14.3 lakhs.
• Faculty: Comprises 37 faculty members, with 65% holding PhDs and 67% having industry experience.

GLIM, Gurgaon:

• Location: Has a campus in Gurgaon, which is 90 km from Delhi.
• Programs: Offers both PGDM and PGPM programs.
• Infrastructure: Established in 2003, GLIM has made a mark in the B-school landscape.
• Fees: The approximate fee is INR 18 lakhs.
• Faculty: 68% of faculty members have industry experience1.

Placement:

• IFMR Chennai boasts a 100% placement rate2.
• GLIM Gurgaon has a strong placement record as well.

Rankings:

• According to NIRF 2020, GLIM Chennai is ranked 23rd for MBA, while IFMR Chennai is ranked 53rd for the same category.

In summary, both institutions have their merits. Consider your preferences, career goals, and the specific programme offerings to make an informed choice.