IFMR Krea University: Courses, Fees, Admission 2025, Placements, Rankings

As per the latest report, nearly 100% of the MBA batch 2024 was placed in reputed global and Indian Consulting, Finance, and Technology companies. The highest and average package offered during IFMR placements in 2024 stood at INR 21.74 LPA and INR 13.04 LPA, respectively. The key highlights of IFMR placements for the Class of 2023 and 2024 are tabulated below:

Particulars	Placement Statistics (2023)	Placement Statistics (2024)
Highest package	INR 22.90 LPA	INR 21.74 LPA
Average package	INR 13.50 LPA	INR 13.04 LPA
Median package	INR 11.09 LPA	INR 13.06 LPA
Placement rate	100%	nearly 100%
Total recruiters	55	70
New recruiters	14	12
PPOs offered	30	23

Candidates who want Ph.D. admissions at IFMR Chennai needs to download the application form from the Ph.D. admission section available on IFMR GSBs website. The institute does not charge any application fee for Ph.D. admission. Candidates can email the application form along with the documents required to gsb. Phdadmissionskrea. Edu. In. Candidates can also send the filled in application form along with the self-attested supporting documents to the college address. The documents required for IFMR Chennai Ph.D. admissions include Class 10 and Class 12 mark sheet, UG mark sheets (if applicable), PG mark sheets (if applicable), Date of birth Certificate Passport-size photograph, Transfer Certificate Character Certificate etc.

As per the latest report, the average stipend offered during IFMR summer placements 2024 stood at INR 20,000 per month. The average stipend offered during IFMR summer placements between 2023 and 2024 is tabulated below:

Particulars	Placement Statistics (2023)	Placement Statistics (2023)
Average stipend	INR 25,000 per month	INR 20,000 per month

{Source: MBA/PGDM students & alumni}

Placement Cell Success Rate for MBA/PGDM Students at IFMR Krea University

Based on the statements provided by students and alumni, here's what we know about the success rate of the placement cell:

* Finance students received placements in top companies: According to several students, finance students were able to secure placements in reputed firms such as JP Morgan, Wells Fargo, Morgan Stanley, HSBC, and others.
* Average salary package over INR10 LPA: The placement cell was able to secure average salary packages exceeding INR10 LPA (lakhs) for finance students.
* PAN India opportunities: Placements were secured across different locations in India, providing students with opportunities to work in various parts of the country.

Overall, while individual perspectives may vary, the collective feedback suggests that the placement cell at IFMR Krea University has been successful in securing jobs for MBA/PGDM students, particularly those pursuing finance specializations.

IFMR Chennai accepts scores from various entrance exams for admission to its MBA program. Here are the details:

1. Common Admission Test (CAT): Candidates can apply using their CAT scores. The expected CAT cutoff percentile is 75.
2. Xavier Aptitude Test (XAT): XAT scores are also accepted.
3. NMAT: Applicants can use their NMAT scores.
4. Common Management Admission Test (CMAT): CMAT scores are considered.
5. Graduate Management Admission Test (GMAT): GMAT scores from 2022 to 2024 are valid.
6. Graduate Record Examination (GRE): GRE scores from 2022 to 2024 are accepted.

The selection process includes a Written Ability Test (WAT) followed by a personal interview (PI). Eligible candidates need to meet the specified cutoffs and demonstrate excellence in academics and other non-academic endeavors.

For more comprehensive information about IFMR Chennai’s eligibility criteria, selection process, and fees, you can visit their official website1. Keep in mind that work experience is not mandatory, but if you have it, it should be less than or equal to 3 years1. Additionally, the admission committee evaluates applicants based on their past academic performance, entrance test scores, and passion for excellence in non-academic activities such as sports, debate, drama, and volunteering.

Remember to check the specific eligibility criteria and cutoffs for each entrance exam, as they may vary. Best of luck with your MBA journey

As per unofficial online sources, IFMR Chennai is working in varied sectors such as Consulting, Operations, Product Management, Engineering, HR, etc. Out of all these, the majority of alumni are involved in the Finance sector. See the below infographic for sector-wise distribution of Institute for Financial Management and Research alumni:

Yes, IFMR Chennai accepts IPMAT scores for admission to its integrated BBA+MBA program. The IPMAT score is determined on the basis of correct answers marked by aspirants in the IPMAT exam. For each correct answer, candidates are awarded four marks. For an incorrect answer, one mark is deducted from the candidates' total score. The final selection process for the integrated BBA+MBA program at IFMR Chennai takes into consideration the IPMAT score, performance in GD/PI, What, Class 10 and Class 12 marks, work experience, academic diversity, and gender diversity.

Yes, IFMR Graduate School of Business can be considered as a good college as it is one of the schools of Krea University and has been accredited by the South Asian Quality Assurance System (SAQS) for five years since December 2017. The college was established in 1970 and is located in Sri City, Andhra Pradesh. 

IFMR  Chennai admission is entirely entrance-basesd. The institute accepts various national-level entrance exams for admission. Candidates are requrired to qualify for any one of the respective entrance exam, followed by other selection rounds in order to get admission. Find below the list of entrance exams accepted by IFMR Chennai for all its courses:

Course Name	Accepted Entrance Exams
MBA	CAT/ XAT/ NMAT/ CMAT/ GRE/ GMAT
Integrated BBA	IPMAT or SAT or Krea Aptitude Test
E-MBA	Institute-level Written Test + PI
PhD	CAT/ CMAT/ GATE/ GMAT/ GRE/ NET JRF/ NMAT/ XAT
Certificate	Merit-based

 

The selection process for the BBA programme through IPMAT involves an aptitude test and evaluations in written communication and personal interview (PI). The selection criteria are divided into IPMAT score (50%), Personal Interview score (30%), and XII Std. score (20%). The merit list is created based on the candidate’s performance in these areas, determining the final selection. Applicants applying for the IPMAT exam should have obtained a minimum of 60% aggregate in both Class 10 and Class 12 or equivalent CGPA. Applicants belonging to SC, ST or PwD (DA) categories must have secured at least 55% aggregate or equivalent CGPA in Class 10. Applicants must have passed the qualifying exam in the years 2022, 2023 or appearing in 2024. The minimum IPMAT score required for admission to BBA varies depending on the college or university. For example, to qualify for admission to Nirma University, students must score at least 60% in their 10+2 exam from a recognised Indian school, and the minimum and maximum Nirma IPMAT cut off varies for different categories.

Yes, IFMR accepts CAT scores for admission to MBA course. Candidates seeking for admission to MBA can qualify for CAT exam with minimum 75 percentile and submit their scores at the time of filling the application form. Apart from this, the institute also accepts scores of other national level entrance exam such as XAT, NMAT, CMAT, GRE and GMAT. Candidates can qualify for any one of the respective entrance exam in order to get the admission.

Yes, IFMR Chennai is a good business school for MBA. It offers a two-year full-time MBA program across seven major specializations, including Finance, Marketing, Data Science, Operations, OB & Human Resources. It has a good placement record, with all 184 students from the MBA cohort of 2021-23 being placed in reputed global and Indian Consulting, Finance, and Technology companies. The highest package offered during IFMR placements in 2023 stood at INR 22.90 LPA. The top recruiters of IFMR Chennai in 2023 included Barclays, Deloitte, Wells Fargo, EY, HSBC India, Morgan Stanley, NOMURA, TVS NEXT, Societe Generale, Axis Bank, Cognizant, Accenture, JPMC, and others.

The institute attracted 55 recruiters for its 2023 placement session who offered a variety of job roles to the students across sectors, such as BFSI, IT, Education, FMCG, Consulting, and E-Commerce, etc. The top recruiters of IFMR in 2023 included Barclays, Deloitte, Wells Fargo, EY, HSBC India, Morgan Stanley, NOMURA, TVS NEXT, Societe Generale, Axis Bank, Cognizant, Accenture, JPMC, etc. These recruiters placed students in various sectors and offered new-age job profiles.

Yes, you can join IFMR Chennai directly by applying online through the official website. The admissions to the courses are both entrance-based and merit-based.  IFMR Graduate School of Business (GSB) offers a 2-year full-time MBA program in various specializations such as Finance, Marketing, Data Science, Operations, OB & HR. The institute also provides direct admission in MBA through management quota and NRI quota seats.

IFMR Chennai admission 2024 has been closed for MBA course. The admission process is conducted in four rounds. The institute releases complete schedule of the admission process for all four rounds on its official website. The application window for admission 2025 will start on Oct 1, 2024. The admission process generally wraps up in the month of Jun. The classes are likely to begin in the first week of July, 2024. Candidates can visit the official website to get the latest dates around all-four rounds for the following events:

1. Application End Date
2. Interview Registation Date
3. Interview Date

The application fee for IFMR admissions is around INR 1,500. Candidates who are interested can apply online by visiting the official website and register by filling the required information. Then pay the fees via online mode using debit card/ credit card/ net banking to conclude the application process.

IFMR Chennai application window  for the admission year 2024-25 started on Oct 25, 2023. The admission process will be conducted in four rounds. Candidates can apply online on the official website of the institute for admission. Below table mentions the round-wise application closing date for IFMR Chennai MBA admission 2024:

Application Rounds	Closing Date
Round-1	30 Jan '24
Round-2	29 Feb '24
Round-3	30 Mar '24
Round-4	30 Apr '24

Yes, IFMR Chennai accepts IPMAT scores for admission to BBA courses. Candidates can get admission to BBA at IFMR Chennai with a valid score in IPMAT entrance exam. Integrated Program in Management Aptitude Test (IPMAT) is conducted by the Indian Institute of Management Indore (IIM Indore). The national level test is a gateway for admission to the five-year Integrated Program in Management offered at IIM Indore. 

Yes, you can get admission in IFMR Chennai for BBA with 60% in Class 12th.  Applicants must have passed Class XII or equivalent and achieved an overall performance of 60% or equivalent. Good BBA colleges accept admissions through GD/PI rounds and students from any stream with 50-60% marks in 12th can apply for them. Candidates must qualify for one of the entrance exams such as IPMAT, SAT, KREA Aptitude Test, CAT, CMAT, GATE, etc.

IFMR Graduate school of Business accepts various national-level entrance exam for admission to MBA, namely CAT, XAT, NMAT, CMAT, GRE and GMAT. Candidates have to qualify for any one of the respective entrance exam to get admission to MBA course. Find below the exam-wise minimum percentile required for IFMR Chennai MBA admission 2024:

Exam Name	Minimum Percentile
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