FAQs

Admission Criteria

Graduates of full-time undergraduate degree programmes and candidates in the final year of the programme are eligible. Students from ODL (Open and Distance Learning) institutions are also eligible to apply as per the UGC policy and notification.

No. Work experience is not mandatory to apply. Please note that only those with full-time work experience upto 36 months will receive credit during evaluation of application.

Applicants are required to take any of the following competitive exams – CAT 2022 (and) (or) 2023 / XAT 2023 (and) (or) 2024 / CMAT 2024 /NMAT 2024 / GMAT (2022-24) / GRE (2022-24).

Applicants who have secured positions within the top 20 ranks among universities and institutes acknowledged by NIRF (National Institutional Ranking Framework), as detailed in both the comprehensive rankings (https://www.nirfindia.org/2023/OverallRanking.html) and university rankings (https://www.nirfindia.org/2023/UniversityRanking.html), will not be obliged to submit competitive exam scores.

Please refer to the Admissions Section on our website for further details
https://krea.edu.in/ifmrgsb/mba-admissions-2/mba-eligibility/

Yes. All applicants born after January 1, 1997, are eligible to apply

No. IFMR GSB does not have any quota system. Admissions are based purely on merit.

Admissions Process

Aspirants can apply by clicking on “APPLY NOW” button on our website
IFMRGSB
The non-refundable application fee of INR 1,500/- is to be paid using Debit Card / Credit Card / Internet Banking, through our application portal before final submission of the application form.
Tuesday, 30, Jan, 2024
Thursday, 29 Feb, 2024
Saturday, 30 Mar. 2024
Sunday, 21 Apr, 2024
Round 5 (CMAT Only): Subject to changes based on declaration of CMAT 2024 results.

For more details, kindly refer to https://krea.edu.in/ifmrgsb/mba-admissions-2/mba-important-dates/

You can apply through a single application form even if you have taken multiple entrance tests / competitive
exams.

  1. Personal Interviews will be conducted Online
  2. In-person interviews will also be conducted in the following cities:
    1. Chennai &  Kolkata – Second week of February 2024
    2. Lucknow &  Pune – Second week of March 2024
    3. Indore & Delhi  – Second week of April 2024
  1. Round 4: Subject to changes based on declaration of CMAT 2024 results


Name of the Process Tentative Timelines for MBA 2024-26
S.NO Description Round 1 Round 2 Round 3*** Round 4*** Round 5****(CMAT Only)
1 Application
opens
Wednesday, 25-Oct-2023
2 Application
closes
Tuesday,
30 Jan, 2024
Thursday,
29 Feb, 2024
Saturday,
30 Mar, 2024
Sunday,
21 Apr, 2024
Will be
announced
based on
declaration
of CMAT 2024
results
3 Interviews
Registration
Saturday,
03 Feb, 2024
Friday,
15 Mar, 2024
Friday,
26 Apr, 2024
4 Interview
dates*
06-08 Feb-2024**
Tuesday-Thursday
21,22 & 24 Mar-2024**
Thursday, Friday & Saturday
05-07, May-2024
Sunday-Tuesday
5 Registration,
orientation
and classes
begin
First week of July, 2024

 

All supporting documents are to be submitted while filling the application itself.

IFMR GSB will admit up to 240 students for the batch of MBA 2024-26. However, the School is under no compulsion to fill all 240 seats. Offers will be made to deserving high-quality applicants.

About IFMR GSB and Krea University

Krea University has a unique ‘Interwoven Learning’ approach that weaves creativity and action, arts and sciences, theory and practice to make students ready to deal with challenges and opportunities presented by the 21st century. Its Graduate School of Business offers MBA, PhD, EMBA and customised programmes for executives.
IFMR GSB offers an unparalleled educational opportunity that, at once, is comprehensive and interwoven; brings together faculty and students with diverse talents and backgrounds; fosters learning that serves employability and lifelong learning.
What sets the IFMR-GSB MBA programme apart is the inter-disciplinary focus with courses on design thinking, ethics, communication, and a capstone business simulation which aims to prepare students to be ethical, reflective, effective and professional.
IFMR Graduate School of Business (GSB) now offers the two-year MBA degree under the auspices of Krea University. Earlier, it offered a successful PGDM program as a standalone B-School, starting in 2000. Krea University was established in 2017, as a state private university recognised by the University Grants Commission and the government of the state of Andhra Pradesh. Krea University, sponsored by IFMR Society, aims to help humanity prepare for a predictable world by developing a view of the future through rigorous inter-disciplinary research and management education.

IFMR Graduate School of Business, Sri City, India has been accredited by SAQS (South Asian Quality Assurance System) for a period of five years from 14 December 2017. SAQS is an international system of strategic audit and accreditation designed for the assessment of institution in widely different national contexts. It is a globally benchmarked system for Mentoring, Quality Improvement, Quality Assurance and Accreditation.

The SAQS accreditation is awarded by The Association of Management Development Institutions in South Asia (AMDISA), an international not-for-profit association, and is a “SAARC Recognized Body”. We are working with AMDISA for SAQS re-accreditation.  It is an on-going process.

Krea University comprises two schools, namely IFMR Graduate School of Business (IFMR GSB) and School of Interwoven Arts and Sciences (SIAS). IFMR GSB offers MBA, PhD, EMBA, BBA/Integrated MBA and customised programmes for executives. SIAS currently offers BA (Hons) and B.Sc (Hons) degrees in disciplines across Arts, Social Sciences and Natural Sciences.

 

The student to faculty ratio of the MBA Programme is 8:1

Yes. Krea University is governed by UGC norms.
List of Private Universities

Academics

IFMR GSB offers electives under the academic areas of Data Science, Finance, Quantitative Finance, Marketing,Operations,HumanResources Strategy.

Yes, students are encouraged to choose electives from multiple areas to become General Managers.

Fee and Scholarships

The tuition fee for MBA batch 2024-26 is INR 14,56,000.

For detailed fee structure, please click here  

IFMR GSB facilitates students to avail educational loans from leading banks/NBFCs.

For more details, please refer to https://krea.edu.in/ifmrgsb/education-loan-assistance/

Yes. We provide scholarships to our students. Please refer below link:

https://krea.edu.in/ifmrgsb/mba-admissions-2/

Infrastructure and Facilities

The world-class campus on 40 acres of land has air-conditioned classrooms, Wi-fi coverage, ATM, along with a health centre. The other facilities include, air-conditioned hostel rooms, laundromat, convenience store, fitness studio, student lounge, student hub with indoor games, snack vending machine, unisex salon, basketball court, futsal grass turf and cricket nets.

IFMR GSB Sri City campus is an academic Centre of Excellence in the midst of global organisations setting up world-class manufacturing plants in Sri City to cater to the Indian and export markets. These include Alstom, Kobelco, Danieli, Colgate, Cadbury, PepsiCo, Kellogg’s Isuzu Motors, and a large number of Japanese, American and European corporations.

The world-class campus on 40 acres of land has air-conditioned classrooms, wi-fi coverage, ATM, along with a health centre. The other facilities include, air-conditioned hostel rooms, laundromat, convenience store, fitness studio, student lounge, student hub with indoor games, snack vending machine, unisex salon, basketball court, futsal grass turf and cricket nets.

A 1650 sq ft fitness studio for boys and girls and indoor games [such as table tennis] are available. Facilities are provided for yoga, playing cricket, football, volleyball and more, to help students unwind and relax after assignments and lectures. An open-air auditorium and other recreational facilities have also been set up.

A beautiful water body, a walkway and enough greenery makes the campus aesthetically and physically soothing. The entire campus is Wifi enabled. Complete security and safety are built-in as basic requirements. There are plans being implemented to make the campus not only a higher education institution, but also a vibrant ecosystem.

IFMR has state-of-the-art facilities for students and faculty in a Wifi enabled campus with high bandwidth connectivity. A world-class campus spread over 40 acres of land, offers the students an opportunity to enjoy the benefits of a Multimedia enabled air conditioned classrooms equipped with labs for simulated and real trading on NSE, with live feeds. In addition to this, the HT Parekh Library in the campus facilitates electronic journal access, apart from books and multimedia and is proudly recognised as a World Bank repository.

Other facilities include ATM, launderettes, hostel rooms on twin-sharing basis with attached bath & geyser, dedicated TV rooms, mess, QSR and Indian fast food outlet, and a store for stationery items, soft drinks, packed snacks and personal care products.

Student life on campus

Abhyudaya is the flagship event of IFMR GSB which is hosted every year in the month of February, at Sri City campus. Abhyudaya is a management and cultural conclave that features a potpourri of events and competitions that incorporate elements of various fields of management.

Modes of Transportation

Admin office of Krea University is in Chennai and the University campus is in Sri City, Andhra Pradesh, India.

To reach the Sri City campus:

By Driving

  • From Chennai International Airport: – The Institute is at a driving distance of 85 km – about 1 hour 45 mins from Chennai International Airport.
  • From Tirupathi International Airport: – The Institute is at a driving distance of 75 km – about 1 hour 30 mins from Tirupathi International Airport.
  • From Chennai Central Railway Station: – The Institute is at a driving distance of 70 km – about 1 hour 30 mins from Chennai Central Railway Station.
  • From Sullurpeta Railway Station: – The Institute is at a driving distance of 22 km – about 20 mins from Sullurpeta Railway Station.
  • From Tada Railway Station – The Institute is at a driving distance of 9 km – about 10 mins from Tada Railway Station.

By Bus

 

  • From Madhavaram Mofussil Bus Terminus (MMBT -Chennai Mofussil Bus Terminus): – The Institute is at a distance of 56 Kms. We have plenty of buses to Tada from Madhavaram Bus Station. Buses going to Kalahasthi, Naidupet, Nellore have a stopover at Tada.

By Train

  • Tada: – From Chennai Central the closest Railway Station to Sri City is Tada. There are local trains running from Chennai Central to Tada Railway Station. Travel time by Chennai Local Train to Tada is 2 hours.
For visiting the campus, aspirants are advised to  fill the form given in the below link
Campus Visit

About Placements

IFMR GSB takes pride in its legacy of placing the students in impactful roles across domains and organizations. Our corporate relationships that have last for decades and new start-ups have also identified IFMR GSB as sought-after rich talent pool. Some of the recruiters include Wells Fargo, Accenture, Bank of America, Barclays, Credit Suisse, Crisil, Deloitte, E&Y, Morgan Stanley, JP Morgan Chase,Nomura, Natwest, Philips, Schneider Electric, Temenos, USI, Wipro and many more. Our alumni are well-placed in leading firms across various sectors such as Investment Banking, Insurance, IT Services, Manufacturing and Supply Chain Management. For more details, please refer to https://krea.edu.in/ifmrgsb/corporate-relations/
IFMR GSB in Sri City is uniquely located in a Special Economic Zone (SEZ); our neighbours include Kellogg’s, Colgate, Pepsico, Isuzu Motor, Alstom, Kobelco, Lavazza and Danieli. IFMR GSB’s student community enjoys frequent interactions with industry experts and get opportunities to be a part of various live projects during their course of study.