IFMR Graduate School of Business at Krea University’s full-time, two-year MBA programme provides quality management education with a strong foundation in Finance. The first year curriculum includes Interwoven Learning across management disciplines and liberal arts, followed by a rigorous two-month internship and a second year which offers advanced electives in all functional areas.
Interwoven Learning for the 21st century
Access to extensive alumni network
Full tuition fee waiver scholarships to 3 meritorious students
Diverse faculty comprising fine academic scholars and industry experts
one among the B-Schools with Best Faculty:Student Ratio
Industry oriented unique specializations with a choice to study additional specialization alongside the main
Curated placement services to meet individual career goals
Notable robust industry network
A student of IFMR GSB can access the depth and breadth of international opportunities. Students stand to gain from a number of excellent external scholarships, programmes, and interactive opportunities that bring the global experience to their classrooms.
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| S.No. | Parameter | Eligibility Criteria |
| 1 | Date of Birth | Between 01 Jan 1995 and 31 Dec 2002 |
| 2 | Class X | 60% |
| 3 | Class XII | 60% |
| 4 | UG | 60% |
| 5 | Work Experience | 0-36 months, as on the date of deadline for submission of application. (Fresh graduates as well as candidates with work experience are eligible. Full-time work experience up to 36 months will receive credit during evaluation of application) |
| 6 | Competitive Exams | |
| CAT | 75 Percentile | |
| XAT | 75 Percentile | |
| NMAT | 222 | |
| CMAT | 85 Percentile | |
| GMAT | 85 Percentile | |
| GRE | 85 Percentile |
Aspirants can apply by clicking on “APPLY NOW” button on the top
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.
Selection Process:
There are two stages in the selection process:
Shortlist for WAT and PI
All the parameters (qualifying parameters) as mentioned in the eligibility criteria section will be considered while screening the application to shortlist candidates for WAT and PI
The shortlisted candidates are intimated through E-mail / dashboard of the application portal with the details of WAT and PI schedule
Written Ability Test (WAT) and Personal Interview (PI)
WAT and PI are conducted on the same day. The mode of WAT and PI process will be updated at a later date
To help outstanding students overcome financial obstacles in their pursuit of a quality education, IFMR GSB will offer full tuition fee waiver scholarships upto three meritorious students during the admissions process. However, the student will need to pay the caution deposit, living fee and any other expenses incurred during the programme.
No separate application is required. The Scholarship Committee automatically considers all qualified applicants.
The tuition fee waiver scholarships are awarded based on the overall evaluation of candidates. Evaluation criteria include academic record, scores on competitive exams, extra-curricular achievements and performance in written test and interview.
Candidates selected for such scholarships receive the scholarship offer letter before the last date for paying the first instalment fee. The candidate will be required to pay the first instalment of the tuition fee by the deadline. Once the student enrolls in the programme and classes begin, the entire amount paid by the student towards the first instalment fee will be refunded by the middle of Term – 1. The student will not be required to pay subsequent instalments of the tuition fee.
The School extends scholarships to students in need of financial assistance. The objective of the scholarship policy is to ensure that a meritorious student is not deprived of education for financial reasons. This process is intended for those students who have a pressing need for financial assistance.
Eligibility:
a) Minimum CGPA of 3.33 (equivalent to a ‘B+’ grade average) at the end of Term-3
b) Family annual combined income for the Financial Year : Less than INR 10 Lakhs
Based on CGPA at the end of Term-3, the Office of Academic Administration sends a notification to eligible students to apply for Merit-cum-Means scholarship.
Scholarship is given only to those students who are assessed to have the need for it. The Committee makes this decision based on the information provided by the student and a personal interview with him/her, if required. Based on the recommendations of the Scholarship Committee, the top 10 students who meet the above eligibility criteria will be considered for the award of scholarship. The scholarship amount shall be up to INR 2 lakhs per student.
IFMR GSB has been selected by Hindustan Unilever Limited (HUL) for the award of T. Thomas Scholarship for Business Leaders to the second-year MBA student based on the academic performance at the end of Term-3. The scholarship amount shall be INR 1 Lakh.
As per the criteria mentioned above, the Registrar’s Office shares the list of toppers with HUL for deciding the winner.
IFMR GSB has been selected by Hindustan Unilever Limited
(HUL) as one of the five Business Schools in India for
the award of T. Thomas Scholarship for Business Leaders
to the second year student of the outgoing batch. The
scholarship amount shall be INR 1 Lakh.
The OAA shares the list of toppers at the end of first
year with HUL for deciding the winner.
Based on the CGPA at the end of the second year, following merit scholarships are awarded:
First Rank: INR Two Lakhs
Next three ranks INR One Lakh each to three students
In November 2019, CFA Institute approved the Master of Business Administration (MBA) program of IFMR GSB, Krea University, under the CFA University Affiliation Program (UAP). This affiliation signals potential students, employees and all stakeholders that the curriculum of the MBA program of IFMR GSB, Krea University covers a significant portion of the CFA Program Candidate Body of Knowledge as well as places emphasis on the ethics aspects covered under the CFA institute Code of Ethics and Standards of Professional Conduct. This thereby showcases that the MBA program offered is in close synergy with the global professional practices. Under the CFA UAP program, in each fiscal year, IFMR GSB is eligible to award scholarships to a set number of students pursuing their MBA at IFMR GSB to take the coveted CFA program. Details of the scholarship recipients are as follows:
Academic Year 2020-21
Academic Year 2019-20
About CFA Institute
CFA Institute is the global association of investment professionals who are committed to promote the highest standards of ethics, education, and professional excellence for the ultimate benefit of society. For more information on CFA institute and the CFA Program, please visit https://www.cfainstitute.org/en/
Fee Structure for MBA Batch 2022-24
The tuition fee for the programme is INR 14,56,000/- (Rupees Fourteen lakhs and fifty-six thousand only). Details of other fees and payment schedule is as follows:
| S No. | Fee Description | Amount in INR | Tentative Timelines for payment |
|---|---|---|---|
| 1 | Tuition Fee: 1st Instalment inclusive of Admission Acceptance Fee: | To be paid when accepting the offer | |
| a. Admission Acceptance Fee | 27,500 | ||
| b. Balance First Instalment Fee | 3,19,000 | ||
| Part-1 of first Instalment Fee | 1,67,000 | ||
| Part-2 of first Instalment Fee | 1,67,000 | ||
| 2 | Refundable Caution Deposit | 35,000 | 20-Jun-22 |
| 3 | Year-1 Living Fee (Boarding & Lodging Charges including laundry charges upto INR 500/- per month) | 1,70,000 | 20-Jun-22 |
| 4 | Tuition Fee: 2nd Instalment | 3,64,000 | 30-Nov-22 |
| 5 | Tuition Fee: 3rd Instalment | 3,64,000 | 30-Jun-23 |
| 6 | Year-2 Living Fee (Boarding & Lodging Charges including laundry charges upto INR 500/- per month) *Indicative amount subject to revision based on the inflation and other costs | 1,80,000 | 30-Jun-23 |
| 7 | Tuition Fee: 4th and Final Instalment | 3,64,000 | 30-Sep-23 |
Note:
Updated on 21 October 2021
5655, Central Expressway
Sri City, Andhra Pradesh 517646
No: 196, T.T.K. Road, Alwarpet
Chennai - 600018
+91-44 -7165-0123
+91-93601 34757
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