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Preparing Future
Leaders

Programme Overview

Future Pathways

Selection Process

Admission Deadline

Eligibility

Fees

Curriculum

Programme Overview

  • IFMR GSB offers the five-year integrated programme in Management combining IFMR's five decades of expertise in Business Education with Krea University's unique approach to Liberal Education. Students are awarded a BBA degree at the completion of three years and an Integrated MBA degree at the completion of five years.
  • This is a strategically curated, ambitious programme designed to inculcate attitudes, values, and qualities, develop skills, and build the knowledge foundation for future entrepreneurs and business leaders (including corporations and Financial institutions).
  • Students can choose to exit at varied points in their learning journey and gain these degrees
  • 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
  • Students can also choose to a take a one-year sabbatical either after the 3rd year or after the 4th year to acquire experience in the industry, family business or as an entrepreneur.

Future Pathways/Programme Benefits

This Programme opens pathways to the following career tracks.

Selection Process

  • The first batch of the programme beginning in 2023 is limited to a maximum of 60 students.
  • Shortlist through Krea Aptitude Test
  • Followed by virtual personal interviews that focus on willingness and ability of the students to stay engaged and apply oneself across diverse subjects, classes,workshops,physical training,sports and extra-curricular activities

Admission Deadline

Event Round Four Fast Track Round
Application deadline Monday, 29 May Thursday, 22 June
Invite for Assessment Thursday, 1 June Saturday, 24 June
Assessment Monday, 5 June Monday, 26 June
Invites for Interview Wednesday, 7 June Wednesday, 28 June
Offer by Wednesday, 14 June Wednesday, 5 July
Last Date for Acceptance by Applicant Friday, 23 June Wednesday, 12 July
Reporting Date at Campus for Hostel Wednesday, 12 July, Or Thursday, 13 July
Program Inauguration Friday 14 July
Classes Start Monday 17 July

Eligibility

  • Applicants must have passed Class X or equivalent (with Mathematics as one of their subjects) and achieved an overall performance of 60% [or C grade] or a CGPA of 6.3 on a 10-point scale.
  • Applicants must pass (written exam before 2023 June) (or have passed) Class XII (with English as the Medium of Education) and achieve(d) an overall performance of 60% [or C grade] or a CGPA of 6.3 on a 10-point scale.
  • Students will be selected through their scores on the Krea Aptitude Test, and personal interviews conducted online.

fees

  • For the first three years, the Tuition fee is Rupees Five Lakh(5 Lakh) per annum, and after that,
  • The Tuition fees of the MBA program are applicable; that is, Rupees Seven Lakh Twenty-Eight Thousand (7.28 Lakhs) per annum and are subject to revision.
  • Currently, the living expenses are slightly below Rupees Two Lakh (2 Lakh) per annum,
  • And this is subject to revision based on inflation and (any) changes in the scope of services.

Fee Structure and Schedule

Component of Academic Fees Indian Rupees Amount due on
Admission Acceptance Fee                25,000 Friday – two (2) weeks from the Admission Offer Date
Part 1 of first Instalment fees                75,000 Friday – three (3) weeks from the Admission Offer Date
Part 2 of first Instalment fees             1,25,000 Friday – four (4) weeks from the Admission Offer Date
Caution Deposit^^                35,000 14-Jul-23
BBA program commences on   17-Jul-23
Second Instalment fees             1,60,000 01-Sep-23
Third Instalment Fees             1,60,000 01-Dec-23
Fourth Instalment Fees             1,60,000 01-Jun-24
Fifth Instalment Fees             1,60,000 01-Sep-24
Sixth Instalment Fees             1,60,000 01-Dec-24
Seventh Instalment Fees             1,60,000 01-Jun-25
Eighth Instalment Fees             1,60,000 01-Sep-25
Ninth Instalment Fees             1,60,000 01-Dec-25

^^ The Caution Deposit of INR 35,000/– will be refunded at graduation from IFMR GSB, Krea University, or withdrawal of admission subject to recoveries, if any, pending from the student.

Living expenses* – INR 1,80,000 per annum (subject to revision every year)

*Please note that living expenses include monthly launderette costs of up to Rs.500

[if you incur beyond that, you need to pay extra]

Living expenses for each academic year are payable on the following dates

AY 2023 – 24 on/before 10 July 2023

AY 2024 – 25 on/before 1 July 2024

AY 2025 – 26 on/before 30 Jun 2025

Refund Policy

No Percentage of refund of aggregate fees Date when notice of withdrawal of admission is served to Krea Krea will refund if the withdrawal request is received on or before
1 100% 15 days or more before the formally-notified last date of admission 1 July 2023
2 90% Within 15 days before the formally – notified last date of admission 15 July 2023
3 80% Within 15 days after the formally – notified last date of admission 29 July 2023
4 50% Between 16 days and 30 days after the formally -notified last date of admission 14 Aug 2023
5 0 More than 30 days after the formally notified last date of admission No refunds for requests received on or later than14 Aug 2023

Note:

  1. An amount of 5% of the fees paid by the student subject to a maximum of Rs. 5,000/- as processing charges from the refundable amount will be deducted towards processing charges before making the refund wherever applicable.
  2. Fees shall be refunded to an eligible student within fifteen days from the date of receiving a written application from him/her in this regard. Requests for refund should be made to the Fee Centre [email protected] with the Office of Admissions [email protected]in copy. 

Curriculum

Context of Business Courses
  • Taxation and the Role of Government [concerning Business]
  • Mercantile Law
  • Laws on Establishment, Operation & Winding up of Businesses
  • The Economics of Markets
  • Multiple Stakeholder Approach to Business
  • Properties of Materials and Manufacturing Methods
  • Trading in Financial, Commodity, and Forex Markets
Domain Knowhow Courses
  • Banking, Financial Services, and Insurance
  • Educational & Health Services
  • Environmental Compliance and Green Energy
  • Information Industry
  • Internet and Mobile platform – businesses
  • Leisure & Hospitality
  • Trade, Transportation & Utilities.
Skills and Summer Internships
  • Each year, the focus is one business skill
  • 90 Hours of Skill Training
  • eight weeks of Internship
  • First Year Accounting with Tally
  • Second Year Selling
  • Third Year Negotiation and Conflict Management
Business Analytics
  • Mathematics for Business
  • Working with MS Excel
  • Data Visualization & Interpretation
  • Introduction to Data Science
  • Application Software [Business Intelligence]
  • Programming with Python
Attitude and Values
  • Ethics, Personal Values, Professional Values
  • Lateral Thinking and Creativity
Bottom of the Pyramid Project
  • Improve the performance of a Grassroots Entrepreneur
  • Demonstrate that you can apply what you learned

IFMR GSB - Krea University