IFMR Krea University Admission 2025: Fees, Eligibility, Last Dates & Selection Process

IFMR Chennai offers admission to candidates based on their entrance exam scores. Candidates need to have a valid score in CAT/ XAT/ CMAT/ GMAT/ GRE/ NMAT for MBA. Further, aspirants are also called for an online interview. Candidates willing to seek Executive MBA admission at IFMR GSB, need to appear for a written test carried out by IFMR GSB faculty, followed by a PI round at L&T Construction's offices all over India. For integrated and PhD courses, aspirants have to qualify for any one of the entrance exam such as IPMAT, SAT, Krea Aptitude Test and CAT, CMAT, GATE, etc., respectively.

IFMR Chennai admissions are currently open. Candidates can fill out the application form online on the institute's website. Aspirants have to pay INR 1,500 as the application fee. The institute offers admission to aspirants based on their entrance exam scores. Aspirants also have to pass interview round for admission to some of the programmes.

IFMR Chennai offers Integrated MBA programme at the UG level. Aspirants who have completed Class 12 can apply for UG programmes. The minimum aggregate required for Integrated MBA is 60%. Hence, aspirants with 75% in Class 12 can get admission provided they also meet the subject and selection requirements.

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:

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:

The minimum cutoff for MBA at IFMR Chennai for 2023 is 75 percentile in CAT 2022 and 2023, a score of 220 in CMAT 2023, and 75 percentile in XAT 2023 and 2024. The GMAT score of 650 is also accepted for 2022, 2023, and 2024. The eligibility criteria for MBA 2024-26 include a minimum of 60% in Class X, Class XII, and UG. Work experience is not mandatory, and fresh graduates as well as candidates with work experience up to 36 months are eligible. The best score among the competitive exam scores given by the applicant will be considered subject to meeting the eligibility cutoff. IFMR Chennai considers a range of entrance exam scores for admitting students into its MBA program, and the cutoff percentile for the general category students was 93 percentile.

Fees structure of IFMR Chennai

For MBA:

     Tution fees is INR 7.28 Lacs per year.

     Total fees including hostel and mess INR 13.28 per year.

Integrated programme (MBA+BBA)

     Tuition fee for the first three years: INR 5 Lacs per year.

     Tuition fee for the MBA years (4th and 5th year):INR 7.28 Lacs per year.

      Total fee (including hostel and mess charges):INR  29.56 Lacs for the entire program.

The CAT exam is always conducted on the last Sunday of November every year so the CAT 2024 exam will be conducted on November 24, 2024. Official announcement of the CAT 2024 exam date will be made by the convening IIM on July 30, 2024. The announcement will be made at the iimcat.ac.in website as well as in all the national dailies across India. We at Shiksha have also notify the aspirants through our communication channels. Registrations cum application process for CAT 2024 will begin from the first week of August and end in the third week of September 2024.

Check below CAT exam dates for last five years:

• CAT 2023: November 26
• CAT 2022: November 27
• CAT 2021: November 28
• CAT 2020: November 29 
• CAT 2019: November 24

IFMR Chennai provides various merit and need-based scholarships. These scholarships include Merit-cum-Means Scholarships, Merit Scholarships, etc. The students who fulfil the eligibility criteria are awarded a scholarship amount of up to INR 2 lakh. Also, the institute is authorised to nominate eligible students for a set number of scholarships given by the CFA institute to take the coveted CFA Programme while pursuing their MBA at IFMR GSB, Krea University.

Given below are main categories under which the IFMR Chennai provides scholarships:

• Merit-Cum-Means Scholarship
• Merit Scholarship
• T. Thomas Scholarship For Business Leaders
• CFA – CMA – IFMR GSB University Affiliation Program Partnership

IFMR GSB offers Merit-cum-Means scholarships to provide financial aid to students. Under this, students get a scholarship amount of INR 2 Lacs per student. Those who meet the below criteria get the scholarship:

• Minimum CGPA of 3.33 at the end of term 3
• Family annual combined income for the financial year should be less than INR 10 lakh

IFMR Graduate School of Business offers a large diversity of courses to students in Management field. IFMR Graduate School of Business admissions are held on the basis of entrance tests. Students seeking course admissions must clear their previous qualifying examination and appear for any of the prescribed entrance exams such as NMAT, XAT, APICET, CAT, CMAT, SAT India, IPMAT, etc. Students can visit the official website to learn more regarding the course-wise eligibility and specialisation details.