IFMR MBA Admission 2025: Check Eligibility, Fees, Placements, Last Date
IFMR GSB Krea University (IFMR) is ranked among top B-schools in India and has a consistent record of 100% placements with average salary of Rs. 13.04 LPA in final placement 2024. IFMR MBA Admission 2025 is open and last date to apply is January 30, 2025. Apply Now. Read IFMR eligibility, IFMR placements, Fees and other important details in this in-depth article.
Table of Contents
- IFMR MBA Highlights
- IFMR MBA Courses and Specializations
- IFMR MBA Fees
- IFMR MBA Seats
- IFMR MBA Placements
- IFMR MBA Admission Eligibility 2025
- How to Apply for IFMR MBA Admission 2025?
- IFMR MBA Admission Dates 2025
- IFMR MBA Admission 2025 Criteria
- IFMR MBA Cutoff
So, let us start with why you should consider and apply for IFMR Graduate School of Business at KREA University MBA admission 2025 along with other top B-schools.
IFMR GSB KREA University MBA Admission Open - Apply Now
1. IFMR MBA Highlights
Key Highlights and USPs of IFMR Graduate School of Business at KREA University, Sri City are as below
1.1 Highly Ranked: IFMR GSB Krea University Ranking is # 99 among top 125 management institutes in India in Govt of India, MHRD NIRF Ranking 2024. IFMR GSB rankings is #35 in MBAUniverse.com B-school Ranking 2024.
1.2 Accreditation & Approvals: Institute for Financial Management & Research (IFMR), Sri city, India has earned International Accreditation from SAQS (South Asian Quality Assurance System), a globally benchmarked system for Mentoring, Quality Improvement, Quality Assurance and Accreditation. SAQS accreditation is awarded by The Association of Management Development Institutions in South Asia (AMDISA). IFMR Graduate School of Business at KREA University MBA is UGC recognized 2 years full time programme.
1.3 Krea University GC & BoM with Eminent Leaders: The Governing Council, Executive Committee, and Board of Management at Krea University include eminent leaders from the world of finance and economics such as Raghuram Rajan (the 23rd RBI Governor), R Seshasayee (former Chairman of IndusInd Bank), Raghu Sundaram (Dean of NYU Stern School of Business), S Mahalingam (Former Chief Finance Officer & Executive Director Tata Consultancy Services) among others.
1.4 IFMR GSB Krea University MBA Fees Lower than Many Top B-Schools: IFMR KREA University MBA Fees for 2 years is only Rs.14.56 lakhs which is lower than the MBA fees in many new IIMs and private top B-schools and universities
1.5 Strong IFMR Krea University MBA Placements 2024: IFMR GSB KREA University has a consistent record of 100% placements. IFMR GSB at Krea University MBA Placements for the MBA 2022-24 batch have remained high. IFMR Krea University Average Salary in placement 2024 stood at Rs.13.04 LPA. IFMR Krea University highest salary in placement 2024 stood at Rs.21.74 LPA.
1.6. IFMR GSB Krea University Top Recruiters: Some of the top recruiters at IFMR GSB Placements 2024 include JP Morgan, Deloitte, Wells Fargo, EY, BFL Brandfolio, HSBC, Morgan Stanley, NOMURA, Societe Generale, Arcesium, Yubi among others
1.7 Industry Relevant Curriculum & Pedagogic Approach: With support from its strong industry network, IFMR updates its curriculum as per industry demand. IFMR GSB pedagogy is based on experiential learning with case studies, industry visits, summer internships. The business school hosted over 50 interactive sessions with leading practitioners from various domains. Students are provided a vibrant intellectual foundation of theory, knowledge, skills and perspectives that is further enriched by unique interwoven approach. The primary objective of the IFMR MBA program is to facilitate students to become successful managers.
1.8. Highly Qualified & Experienced Faculty: IFMR has diverse faculty pool. The faculty is trained at reputed universities in India (IIMs, IITs, and others) and abroad (US, UK and Europe). 75% of the faculty hold PhD degrees, and many others have rich industry experience and offer experiential learning to the students. The student to faculty ratio of the MBA Program is 12:1
1.9 Student Committee: The committee is a perfect blend of freshers and students with industry experience. Students have various educational background and cultural diversity
1.10 IFMR Krea University Summer Internship Mandatory for MBA: During the Summer break between the first and second year, students undergo a Summer Internship in a private or public organization for 8-10 weeks
1.11 IFMR GSB Krea University Scholarships: IFMR GSB scholarships are extended to the students in need of financial assistance. The objective of the IFMR Krea University scholarship policy is to ensure that a meritorious student is not deprived of education for financial reasons
1.12 IFMR GSB Krea University Alumni: FMR Graduate School of Business Alumni are many top CEOs, CXOs, HR Heads, top managers, entrepreneurs, from its management programs. These IFMR GSB at KREA University famous alumni are leading many Global and India companies
2. IFMR MBA Courses and Specializations
Courses Offered by IFMR Krea University Chennai include flagship 2 years full time MBA program. IFMR also offers Executive MBA and Ph.D programs in Management. The MBA degree is awarded by the UGC recognized Krea University
2.1 IFMR Krea University MBA Courses
IFMR Krea University MBA program highlights and specializations are detailed below:
- Full-time MBA program at IFMR GSB provides quality management education with a strong foundation in Finance.
- IFMR GSB offers 22 core and approximately 55 elective courses during the two-year program, spanning 8 disciplines.
- The MBA specializations offered at IFMR GSB, include Data Science & Information Systems, Economics, Finance, Accounting & Quantitative Finance, Organizational Behaviour & Human Resources, Marketing Management, Operations Management and Strategic Management.
- The specializations are offered jointly with the support of the industry professionals in curriculum design and delivery.
- The Finance, IT and Operations streams prepare students to work as Analysts, Consultants, and Managers for IT, Banking and Financial Services.
- Human Resources and Marketing students find attractive opportunities in the corporate and banking sectors.
- The Quantitative Finance specialization prepares students for a career in investment banking, securities trading, quantitative modeling, risk management, financial consulting, and applied research.
3. IFMR MBA Fees
IFMR GSB KREA University MBA Fees is shared below:
Programme
|
IFMR Fees
|
Master of Business Administration (MBA)
|
Rs.14,56,000
|
- IFMR GSB MBA Fees mentioned above is inclusive of tuition fee, provision of course materials, library services.
- This does NOT include living expenses and alumni fees
- Medical insurance charges are part of the living fee.
- IFMR MBA fees as detailed above does not include any laptop charges. Student is required to bring his/her own laptop.
- The MBA Programme is residential and hence staying in hostel is mandatory. The hostel is located inside the Krea University campus in Sri City.
- Fee payment should be made through online only.
IFMR GSB KREA University MBA Admission Open - Apply Now
4. IFMR MBA Seats
IFMR GSB KREA University MBA Seats for 2025-27 batch are as below.
Programme
|
IFMR MBA Seats
|
Master of Business Administration (MBA)
|
240
|
However, in regard to offering admission for all the IFMR MBA seats, the B-school has shared, “The School is under no compulsion to fill all 240 seats. Offers will be made to deserving high-quality applicants.”
5. IFMR MBA Placements
IFMR has a consistent record of strong placements year after year. IFMR GSB KREA University MBA Placements 2024 have been strong like earlier. Students of the IFMR GSB MBA 2022-24 batch have been placed in the leading global and Indian consulting, finance and technology companies, while other students have been hired for roles in strategy, marketing and operations.
Sharing the key highlights of IFMR GSB Placements 2024, the Dean Lakshmi Kumar said, “Our placement has always been near 100%. Over the last 23 years, the average has been increasing year on year. This year, our students have been placed with an average CTC of Rs 13.04 lakhs” and added further, “We have been able to attract international companies like J P Morgan, Credit Suisse, Ernst & Young, Morgan Stanley, Nomura, Societe Generale, and many more, along with offering excellent roles like risk management, consulting, analytics, and regulatory reporting among others. This year, we made our debut international placement with Brand Folio.” Key highlights of IFMR GSB Krea University Placement 2024 are
5.1 IFMR MBA Placements 2024: Highlights
Key highlights of IFMR GSB placement season 2024 are:
- IFMR GSB Krea University Average salary stood at Rs.13.04 LPA
- IFMR GSB Highest salary goes up at Rs.21.74 LPA in Placement 2024 from Rs 20 LPA last year
- IFMR GSB MBA Median Salary in Placement 2024 stood at Rs.13.06 LPA
- IFMR Krea University Average Salary for Top 25% was Rs.16.40 LPA
- IFMR GSB Krea University Average Salary for Top 50% was Rs.14.86 LPA
- IFMR GSB MBA 2022-24 Batch had 173 students
- 70 recruiters have participated in IFMR Krea University Placement process 2024
- 12 New Recruiters participated in IFMR GSB Placements 2024
- 23 PPOs Received by Students
- Some of the prominent recruiters include JP Morgan, Deloitte, Wells Fargo, EY, BFL Brandfolio, HSBC, Morgan Stanley, NOMURA, Societe Generale, Arcesium, Yubi among others
- Leading Consulting, Finance, Technology companies have offered new-age roles across Risk Management, Consulting, Analytics and Regulatory Reporting
- BFSI emerged as top recruiting sector with 79% placement share followed by IT & Consulting (8% Share); Analytics (6%) and others (7%)
5.2 IFMR GSB MBA Placements 2023: Highlights
Key highlights of IFMR GSB placement season 2023 are:
- Average salaries up by 20 percent at Rs.13.5 LPA
- Highest salary offered is Rs 20 lakhs per annum
- All the 184 students were placed
- 55 recruiters have participated in Placement process 2023
- 14 New Recruiters participated in Placements 2023
- 30 PPOs offered
- Some of the prominent recruiters include JPMC, Deloitte, Wells Fargo, EY, HSBC India, Morgan Stanley, NOMURA, TVS NEXT, Societe Generale, Axis Bank among others
- Leading Consulting, Finance, Technology companies have offered new-age roles across Risk Management, Consulting, Analytics and Regulatory Reporting
IFMR GSB KREA University MBA Admission Open - Apply Now
6. IFMR MBA Admission Eligibility 2025
IFMR GSB KREA University MBA Eligibility Criteria 2025 have following salient points
6.1 IFMR Krea University MBA Eligibility Criteria: Age Eligibility
IFMR GSB Krea University Eligibility Criteria for MBA admission 2025 prescribe that the Applicants should have been born on/after 1st January 1998.
6.2 IFMR GSB Krea University MBA Eligibility: Academic Eligibility for Admission 2025
Following are the key points prescribed as per the IFMR Krea University Academic Eligibility criteria to apply for MBA Admission 2025:
A candidate must hold a bachelor's degree of minimum 3 years duration, with a consistent good academic record with 60% marks or equivalent CGPA in class 10, 12 and graduation
A candidate appearing for the final year bachelor's degree/equivalent qualification examination and those who have completed the degree requirements and are awaiting results is also eligible to apply for IFMR GSB Admission 2025.
It is mandatory for a final year student, who is provisionally considered eligible by IFMR GSB and offered admission, to submit the mark-sheet and degree certificate of the final year bachelor's degree examination by the date prescribed by IFMR GSB.
Graduates of full time degree course and candidates in the final year of the undergraduate degree can apply. Candidates from ODL (Open and Distance Learning) institutions are also eligible to apply as per the UGC policy and notification
6.3 IFMR GSB Krea University MBA Eligibility 2025: Entrance Exam Accepted
For MBA 2025-27 batch Admission, IFMR GSB Krea University will accept following MBA entrance exam score:
MBA Entrance Exam
|
Exam Year IFMR Eligibility for IFMR Admission 2025
|
Expected Cut off Percentile/Score
|
Common Admission Test (CAT) conducted by IIMs
|
2023 and 2024
|
75 Percentile
|
Xavier Aptitude Test (XAT) Conducted by XLRI
|
2024 and 2025
|
80 Percentile
|
Common Management Admission Test (CMAT) conducted by NTA
|
2025
|
NA
|
NMAT conducted by GMAC
|
2024
|
222 Score
|
Graduate Management Aptitude Test (GMAT) conducted GMAC
|
2023, 2024, 2025
|
650 Score
|
Graduate Record Examinations (GRE) conducted by ETS
|
2023, 2024, 2025
|
310 Score
|
6.4 IFMR MBA Admission Eligibility for Work Experience:
- Work experience is NOT mandatory
- Fresh graduates as well as candidates with work experience are eligible.
- Those with work experience should have less than or equal to 3 years of experience
- The Full-time work experience up to 36 months ONLY will receive credit during evaluation of application.
6.5 University Toppers Exempted from Submitting Competitive Exam Score
Graduates of the top 200 universities recognised by the NIRF, who have been placed within the top 20 ranks of their degree program are exempted from submitting their competitive examination scores for IFMR Krea University MBA Admission.
7. How to Apply for IFMR MBA Admission 2025?
IFMR GSB Krea University MBA application process for admission 2025 is as below:
- IFMR MBA Application for Admission 2025 should be submitted online.
- The application fee at IFMR GSB is Rs.1500/- and is non-refundable
- Application fee should be paid through Debit Card / Credit Card / Internet Banking
- The Application form is available at IFMR GSB website and is an applicant friendly form
7.1 Four Stages to Fill up IFMR GSB Application Form
IFMR GSB admission 2025 application form can be completed in four parts as below:
- You need to create login, fill application form, pay the application fee and upload the documents as required before application submission
- Apart from filling in the application form, the applicant is required to upload mark sheets, certificates and other supporting documents in the application portal while applying for admission
- Please note that after each deadline, applicants will be shortlisted for interviews.
IFMR GSB KREA University MBA Admission Open - Apply Now
8. IFMR MBA Admission Dates 2025
IFMR Krea University MBA application process is open from October 4, 2024. IFMR GSB offers multiple opportunities to the candidates to apply for MBA admission. After the close of round-1 of IFMR Krea University application process, the next round will open. Before you submit your application, check for the respective time line. The last date to apply, interview registration date, interview dates and other Important dates for IFMR Krea University MBA Admission 2025 are as below
Application & Admission Timeline
|
Round 1
|
Round 2 |
Round 3 |
Round 4*** |
Application opens
|
October 4, 2024
| |||
Application closes
|
30 January 2025
|
27 February, 2025 |
30 March, 2025 |
30 April, 2025 |
Interviews Registration
|
05 & 06 February, 2025
|
04 & 05 March, 2025 |
03 & 04 April, 2025 |
05 & 06 May, 2025 |
Interview dates
|
09-11 February, 2025
|
09-11 March, 2025 |
08-09 April, 2025 |
09-11 May, 2025 |
Registration, orientation and classes begin
|
First week of July, 2025
|
Personal Interviews will be conducted Online
In-person interviews will also be conducted in Chennai, Kolkata, Lucknow, Pune, Indore, Delhi, Jaipur and Nagpur
9. IFMR MBA Admission 2025 Criteria
IFMR MBA Admission Criteria is based on more qualitative aspects. IFMR GSB admits students with a proven calibre to perform. IFMR Graduate School of Business at KREA University MBA admission 2025 is through a rigorous selection process. The 5 stages of IFMR MBA Admission Process for the two year full time MBA Programme is as follows:
- Step-1: Submit Application to IFMR GSB
- Step-2: Take CAT/XAT/NMAT/CMAT/GMAT/GRE
- Step-3: Check IFMR Shortlist on the basis of Accepted Exam Score
- Step-4: Participate in Final Selection PI Round
- Step-5: Check Final Merit List. IFMR MBA Selection criteria at Final stage is based on Exam Score, Performance in selection process, academic performance & work experience
- Let us understand in detail each step of IFMR MBA admission process
IFMR GSB KREA University MBA Admission Open - Apply Now
9.1 Step-1: Apply for IFMR Admission 2025
- The candidate should apply Online and complete the IFMR Application Form
- More than one Exam IDs can be submitted
- The applicant is required to fill the IDs of the test scores he/she wishes to submit
- Submit the application form in time i.e. before the last date with requisite application fee.
9.2 Step-2: Appear in Acceptable MBA Entrance Exam
- You need to apply and appear in at least one of the following MBA entrance exams for MBA admission 2025 at IFMR Graduate School of Business at Krea University
- Must have taken CAT 2023 or appear in CAT 2024 on November 24, 2024
- NMAT 2024 (On any date from November 5 to December 20, 2024)
- Must have XAT 2024 score or appear in XAT 2025 on January 5, 2025
- CMAT 2025
- GMAT/GRE (The Score should be of a test taken from 1st January 2023 onwards)
9.3 Step-3: IFMR MBA Shortlist Criteria: Check Short-list on the basis of Exam Score
- IFMR will shortlist the candidates for Personal Interview (PI) round from among the eligible candidates who have a valid entrance exam score and have applied to the MBA programme of IFMR Graduate School of Business. IFMR MBA shortlist criteria is based on following parameters:
- The admissions committee shortlists applicants for the selection process, taking into consideration, the applicant’s past academic performance, entrance test scores, and a passion for excellence demonstrated even in non-academic endeavor such as sports (represented country, state or district/ University/ College/ School), Debate, Drama, Moot Court, NCC (but not NSS) volunteering, activism etc.(of a corresponding level). Those with track record in these areas get a relaxation with regard to cut off scores, provided they are otherwise eligible, and capable
- There is no exemption from the requirement of a valid score in, at least one of CAT/XAT/CMAT/NMAT/GRE/GMAT regardless of any achievements.
- Graduates of the top 200 universities recognised by the NIRF, who have been placed within the top 20 ranks of their degree program are exempted from submitting their competitive examination scores and are shortlisted on other parameters.
9.4 Step-4: IFMR MBA Selection Criteria: Participate in Personal Interview
- The PI process will be conducted from February 2025 to May 2025, depending upon your application submission date and shortlist status.
- You need to check the IFMR website, your registered mail, messages in your mobile to ascertain your call and to know the date, time and venue of your final selection round.
- The writing skills of applicants will be assessed using their scores on the relevant sections of the qualifying examination (CAT/XAT/NMAT/CMAT/GRE/GMAT) as well as the quality of writing displayed in their application forms.
9.5 Step-5: Check Final Merit List
- After the PI round, admission offers are made by IFMR GSB to successful candidates.
- The final selection is based on a diverse set of attributes which includes performance in entrance exam, performance in PI round, academics, Work Experience among others
- Final Admission Offer will be made to the candidates in May 2025 on the basis of Final Score arrived after awarding the weightage scores on all the components.
- IFMR GSB KREA University MBA Admission Open - Apply Now
10. IFMR MBA Cutoff
The following parameters are considered while screening the application to shortlist candidates for PI round:
10.1 IFMR MBA Cutoff for Shortlisting
IFMR applies cut off in academics as well as in competitive exams to shortlist best fit candidates for final selection round as below
10.1.1 IFMR MBA Cutoff in Academics
Parameters
|
Cut off & Eligibility Requirement
|
Class X Marks
|
60%
|
Class XII Marks
|
60%
|
Bachelor’s Degree Marks
|
60%
|
Work Experience
|
Not Mandatory, but can be between 0-36 months
|
Source: IFMR GSB
10.1.2 IFMR MBA Cut off for Entrance Exams
MBA Entrance Exam
|
Expected Cut off Percentile/score
|
CAT 2023/2024
|
75
|
XAT 2024/2025
|
80
|
NMAT 2024 Score
|
222 (Score in NMAT exam)
|
CMAT 2025 Score
|
To be Announced
|
GMAT (Taken after Jan 1, 2023)
|
Score of 650
|
GRE (Taken after Jan 1, 2023)
|
Score of 310
|
Hope you found this article useful while looking for the most suitable B-school for MBA admission 2025 with all the details on IFMR USPs, Fee, Cut offs, Placements, selection process and others. IFMR MBA Admission last date to apply 2025 is January 30. Apply Now.
Stay tuned to MBAUniverse.com for more updates on IFMR Graduate School of Business at KREA University