FAQs

Admission Criteria

Graduates of full-time undergraduate degree programmes and candidates in the final year of the programme are eligible.

Candidates from ODL (Open and Distance Learning) institutions are also eligible to apply as per the UGC policy and notification. As per UGC (Open and Distance Learning) Regulation, 2017 under part – 1 (2) (p), the programmes in Engineering, Medicine, Dental, Pharmacy, Nursing, Architecture, Physiotherapy and such other programmes which require hands-on training are not permitted to be offered under Open and Distance Learning Mode.

Work experience is not mandatory. Candidates with work experience of 0 to 36 months, as on the date of deadline for submission of application, can apply.

Applicants are required to take any of the following competitive exams  – CAT 2020 / XAT 2021 / CMAT 2021 / NMAT 2020 / GMAT / GRE and submit valid scores

 

Please refer to Admissions Section on our website: 

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

Applicants born on or after January 1, 1994 and on or before December 31, 2001 are eligible.

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 here.

The non-refundable application fee of INR 1,500/- is to be paid using Debit Card / Credit Card / Internet Banking, through application portal before final submission of application form.

Round 1: Monday, March 15, 2021

Round 2:  Wednesday, April 07, 2021

The admissions process is divided into two rounds: Round 1 and Round 2. Applicants with or without work experience (0-36 months) can apply in any one of these rounds.

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

In the past, the Written ability test (WAT) and Personal Interview (PI) were conducted in the following cities:

Ahmedabad, Bangalore, Chennai, Delhi, Hyderabad, Jaipur,Kochi, Kolkata, Lucknow, Mumbai, Nagpur, Patna, Pune & Visakhapatnam.

Last year, we conducted WAT and PI in 7 cities before the pandemic forced us to go online.

For MBA batch 2021-23, the mode of WAT and PI will be announced once the Covid-19 situation becomes clearer.

Name of the Process Round 1 Round 2
Announcement of shortlist for WAT and PI Wed, 24 March 2021 Wed, 14 April 2021
Commencement of interviews 28-30 March 20211 22-25 April 2021
Announcement of results 06 April 2021 03 May 2021
Above dates are tentative and are subject to change

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

IFMR GSB will admit upto 180 students for the batch of MBA 2021-23. However, the School is under no compulsion to fill all 180 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.

Institute for Financial Management and Research (IFMR), has a long and impressive record of contributing to the growth of knowledge in the financial services industry. Set up in 1970 to conduct research and executive education, IFMR launched its flagship two-year full-time Post-Graduate Diploma in Management in the year 2000. From 2017 onwards, the IFMR Graduate School of Business (GSB) is offering a two-year Post-Graduate Masters in Business Administration (MBA) degree under the auspices of Krea University.

Krea University was enacted by the Legislature of the State of Andhra Pradesh under The Andhra Pradesh Private Universities (Establishment and Regulation) (Amendment) Act, 2018 vide the gazette notification published on April 30, 2018. Sponsored by the IFMR Society, Krea University aims to provide liberal arts education to high potential individuals to create positive and catalytic impact in a dynamic and diverse world.  

 

IFMR GSB, Sri City, India has been accredited by SAQS (South Asian Quality Assurance System) for a period of five years from December 14, 2017. SAQS is an international system of strategic audit and accreditation designed for the assessment of institutions in widely different national contexts.

IFMR GSB, Sri City is ranked 53 as part of National Institutional Ranking Framework (NIRF 2020) by the Ministry of Human Resource Development (MHRD), Government of India.

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 and customised programmes for executives and SIAS is currently offering 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 12:1

Academics

IFMR GSB offers electives under the academic areas of Data Science & Information Systems, Economics, Finance, Accounting & Quantitative Finance, Marketing, Organisational Behaviour & Human Resource Management, Operations Management and Strategic Management.

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

Fee and Scholarships

Click here for detailed fee structure

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

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

https://krea.edu.in/ifmrgsb/scholarships/ 

Infrastructure and Facilities

IFMR GSB has built a world-class campus spread over 40 acres in Sri City, 70 kms from Chennai. Sri City is located strategically along National Highway-5 on the border of two industrialised States – Andhra Pradesh and Tamil Nadu. It is India’s fastest growing integrated Business City spread over 8,000 acres, with a multi-product Special Economic Zone (SEZ). 

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, Danielli, Colgate, Cadburys, Pepsico, Kelloggs, Isuzu Motors, and a large number of Japanese, American and European corporations.

The 3,00,000 sq.ft world-class campus in 40 acres of land has air-conditioned  classrooms, wi-fi campus, 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, cricket nets. Coffee shop,  4 bedded Medical centre operated by Kauvery Hospitals with a Doctor and nurse available 24×7,Pharmacy,First Aid Boxes on all floors and campus BLS Ambulance, 12,000 sq ft futsal with night playing facilities and  1,10,000 sq ft open air Amphitheatre 

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 wi-fi 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 wi-fi enabled campus with high bandwidth connectivity. A world-class campus occupying 3,00,000 sq.ft in 40 acres of land, students can 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 km. 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

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

About Placements

IFMR GSB takes pride in its legacy of placing the students in impactful roles across domains and organizations. With corporate relationships that have existed for decades and new start-ups identifying IFMR GSB as sought-after talent pool. Few of the recruiters include, Accenture, Bank of America, Barclays, Credit Suisse, Crisil, Deloitte USI, E&Y, Genpact, HDFC Bank, ICICI Prudential Life, IP Morgan Chase, Nielsen, Philips, Schneider Electric, Temenos, Wipro and many more.

Our alumni are well-placed in leading firms across various sectors such as Investment Banking, IT, Insurance, Manufacturing, SCM, FMCG & Microfinance. The organisations include Capgemini, CTS, Deloitte, Honeywell, HSBC, ICICI Bank, Infosys, RECL, SBI Caps, Standard Chartered, Vedanta, etc.

 

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 Danielli. IFMR GSB’s student community enjoys frequent interactions with industry experts and they get opportunities to be a part of various live projects during their course of study.