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100% of IFMR GSB Cohort 2021-23 placed across top BFSI,
Consulting and IT firms

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Rankings

  • All India - NIRF Rank 60 in 2022
  • SAQS (South Asian Quality Assurance System) Accredited

Admissions Open 2024


ABOUT US

IFMR Graduate School of Business (formerly Institute for Financial Management and Research) is a leading business school with the objective of moulding ambitious young men and women into competent and socially responsible global leaders. IFMR GSB’s curriculum offers a mix of theory and simulated real-life exposure and endeavours to shape business practices through inventive, sharp thinking and cutting-edge research. IFMR Graduate School of Business offers MBA, PhD, E-MBA and customized programmes for executives.

Why IFMR?

instructors
Global Mindset
instructors
Communication in a Digitized World
instructors
Leading Self and Teams
instructors
Managing Complexity
instructors
Data Driven decision making
instructors
Ethical Foundations

Masters in Business Administration (MBA)


Eligibility Criteria

Eligibility Criteria

Eligibility Criteria for MBA 2024-26
S.No. Parameter Eligibility Criteria
1 Date of Birth Should have been born after 01 Jan 1997
2 Class X 60%*
3 Class XII 60%*
4 UG 60%*
5 Work Experience Fresh graduates as well as candidates with work
experience are eligible. (Full-time work experience up to 36 months ONLY will
receive credit during evaluation of application)
6 Competitive Exams

CAT : 2022 & 2023 75 Percentile

XAT : 2023 & 2024 75 Percentile

NMAT : Oct 2023 – Feb 2024 222 Score

CMAT: 2024 AIR upto 7200

GMAT : 2022, 2023, 2024 Score of 650

GRE : 2022, 2023, 2024 Score of 310

* Inclusive of all subjects
Application & Selection Process

Application & Selection Process

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:

Applicants who meet all eligibility criteria will be considered for personal interview in the rank order of merit. Shortlisted candidates will be intimated through e-mail and the dashboard of the application portal, along with the interview schedule.

Mode of Interview

Personal Interviews will be conducted Online. In-person interviews will also be conducted in the following cities:

  • Chennai & Kolkata – Second week of February 2024

  • Lucknow & Pune – Second week of March 2024

  • Indore – Second week of April 2024

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.

Scholarships

T. Thomas Scholarship For Business Leaders

Merit Scholarships
CFA – CMA – IFMR GSB University Affiliation Program Partnership

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 Rs 1 lac.
As per the criteria mentioned above, the Registrar’s Office shares the list of toppers with HUL for deciding the winner.

Merit Cum-Means Scholarship

The School extends scholarships to students in need of 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

Merit Scholarship

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 

CFA – CMA – IFMR GSB University Affiliation Program Partnership

IFMR GSB is authorised to nominate eligible students for a set number of scholarships given by the CFA institute and IMA, US to take the coveted CFA and CMA program while pursuing their MBA at IFMR GSB, Krea University.

Fee Structure and Payment Schedule

Fee Structure for MBA Batch 2024-26

The tuition fee for the programme is INR 14,56,000/- (Rupees fourteen lakhs and fifty-six thousand only). This does NOT include living expenses and alumni fees which are listed separately in the table below. The tuition fee for the MBA programme has not undergone a hike this year and continues to be the same as the previous batch. 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 40,000
b. Balance First Instalment Fee
Part-1 of first Instalment Fee 1,35,000
Part-2 of first Instalment Fee 1,35,000
Part-3 of first Instalment Fee 1,35,000
2 Refundable Caution Deposit 35,000 20-Jun-24
3 Year-1 Living Fee
(Boarding & Lodging Charges including laundry charges upto INR 500/- per month)
2,00,000 20-Jun-24
4 Tuition Fee: 2nd Instalment 4,45,000 30-Nov-24
5 Tuition Fee: 3rd Instalment 5,66,000 30-Jun-25
6 Year-2 Living Fee *
(Boarding & Lodging Charges including laundry charges upto INR 500/- per month)
*This is an indicative amount. The revised amount will be communicated in Jan or Feb 2025.
Subject to revision based on the inflation and other costs.

2,10,000 30-Jun-25
7 Alumni Fee 5,000 30-Jun-25
Timelines for MBA 2024-26

Timelines for MBA 2024-26

Name of the Process Tentative Timelines for MBA 2024-26
S.NO Description Round 1 Round 2 Round 3 Round 4***
1 Application opens Wednesday, 25-Oct-2023
2 Application closes Tuesday, 30 Jan, 2024 Thursday, 29 Feb, 2024 Saturday, 30 Mar, 2024 Tuesday, 30 Apr, 2024
3 Interviews Registration Saturday, 03 Feb, 2024 Tuesday, 05 Mar, 2024 Wednesday, 03 Apr, 2024 Tuesday, 07 May, 2024
4 Interview dates* 06-08 Feb-2024** Tuesday-Thursday 08-09 Mar-2024** Friday & Saturday 06-Apr-2024** Saturday 11-14 May-2024 Saturday-Tuesday
5 Registration, orientation and classes begin First week of July, 2024
  • * Personal Interviews will be conducted Online
  • ** In-person interviews will also be conducted in the following cities:
  • Chennai & Kolkata – Second week of February 2024
  • Lucknow & Pune – Second week of March 2024
  • Indore – Second week of April 2024
  • *** Round 4: Subject to changes based on declaration of CMAT 2024 results

PLACEMENT HIGHLIGHTS


  • IFMR GSB MBAs received an average pay of Rs 13.5 lakhs, the highest being Rs 22.9 lakhs.
  • All 184 students from the cohort of 2021-23 have been hired by leading global and Indian consulting, finance and technology companies into new-age roles across Risk Management, Consulting, Analytics and Regulatory Reporting.
  • Prominent recruiters include Morgan Stanley, JPMorganChase, WellsFargo, Bank of America, Societe Generale, Nomura, Barclays, HSBC India, Axis Bank, Crisil, Dell, Deloitte, EY, Accenture, KPMG, PWc and TVS NEXT.
  • All first-year students received internship offers, with the highest stipend being Rs. 1 lakh per month.

56%
BFSI

22%
CONSULTING

17%
IT

5%
OTHERS

Highest Salary
22.90 LPA

Median Salary
13.10 LPA

Average Salary
13.50 LPA

Average CTC
Up by 22%

Top 10%
19,20 LPA

Top 25%
17.30 LPA

Top 50%
15.60 LPA

RECRUITERS