IFMR Graduate school of Business KREA University (IFMR GSB) Sricity Andhra Pradesh - Other Answered Questions

IFMR Graduate School of Business, Krea University (IFMR Krea University) is a private college and is located in Sri City, Andhra Pradesh. The college was established in 1970 and is one of the schools of Krea University. Further, IFMR GSB has been accredited by the South Asian Quality Assurance System (SAQS) for a period of 5 years since December 2017. 

{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.

The selection process for the BBA programme is as below: IPMAT conducts an aptitude test and evaluates on the basis of the written communication and personal interview (PI).The selection criteria is divided into IPMAT score -50%, Personal Interview score -30%, and XII Std. score -20%.Then the merit list is created based on the candidate’s performance. The whole performance decides the final selection of the candidate.Students who are applying for the IPMAT exam should have obtained a minimum of 60% marks in both Class 10 and Class 12. The minimum IPMAT score varies accordingly. 

{Source: MBA/PGDM students & alumni}Placement Cell Success Rate for MBA/PGDM Students at IFMR Krea UniversityBased 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 Chennai, specifically the IFMR Graduate School of Business (IFMR GSB), has a tuition fee of INR 14.56 Lakhs for the MBA program. This fee does not include living expenses and alumni fees, which are listed separately. Additionally, the institute provides loan assistance to students through WeMakeScholars, supported by the Government of India, offering loans ranging from INR 2 Lakhs up to INR 2 crores with a rate of interest starting from 6.75% and repayment tenure of up to 15 years.

The IFMR Graduate Business School, Chennai provides several certificate programmes, an MBA, an Executive MBA, and a PhD. The flagship MBA programme of IFMR Graduate Business School is well-known. With core courses in data Science and information systems, economics, finance, accounting and quantitative finance, and marketing, among other subjects, IFMR GSB provides a two-year MBA programme. The maximum package offered to the MBA 2021–2023 batch was INR 22.9 LPA, while the average package for IFMR GSB Placements 2023 was INR 13.5 LPA. Among the notable recruiters were Morgan Stanley, JP Morgan Chase and Co., Deloitte, PWC, Oracle, Infosys, KPMG, and EY.

According to NIRF 2023, IFMR Chennai, also referred to as the IFMR Graduate School of Business, is ranked 74th for Private MBA. This Sri City, Andhra Pradesh-based private business school has a five-year accreditation from the South Asian Quality Assurance System (SAQS). The college admits 180 students a year to its flagship 2-year full-time MBA degree. In 2023, the biggest package offered was INR 22.9 LPA, while the average salary during placements was INR 13.5 LPA. IFMR has one of the greatest faculty-to-student ratios of any private school in India. The school provides a range of programmes, such as BBA + MBA, EMBA, MDP, Certificate courses, and PhD programmes in Finance, Economics, and Management.

The cutoff for admission to MBA in IFMR GSB varies from the exam. For CAT, the expected cutoff percentile is around 80 for different MBA courses. For CMAT, the expected cutoff is 85 percentile. For XAT, the expected cutoff is 75 percentile. It varies from 75 to 85 percentile dependinG upon the exam you are giving to take admission. 

IMPAT application form were out 14 february 2024 and is available on the official website. Registration for IMPAT can only be online. The last date for filling the form is 26th March 2024. Before filling the form it is advised to check the eligibility criteria for exam. The exam is scheduled on 23rd may 2024.

IFMR GSB offers various courses which provides excellence in their respective field. Fees for the course of MBA is around 14-15 Lakhs for the full course. Fees for the course of BBA + MBA is around 28 - 30 Lakhs for the full course. Fees for Ph.D is 30000-35000 for the first year. Fees for the certification is around 40000 Rs. And it is the total fees.