Master of Business Administration (MBA) 

at IFMR Krea University, Andhra Pradesh - Other

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.

IFMR offers good placements for its MBA course annually. In 2023, the institute recorded 100% placements for its MBA cohort of 2021-23. A total of 55 recruiters participated in the placement process and placed all 184 students in new-age job roles. The highest and average package offered during IFMR placements 2023 stood at INR 22.90 LPA and INR 13.50 LPA, respectively. The top recruiters of IFMR MBA placements in 2023 included Barclays, Deloitte, Wells Fargo, EY, HSBC India, Morgan Stanley, NOMURA, TVS NEXT, Societe Generale, Axis Bank, Cognizant, Accenture, JPMC, etc.

IFMR Chennai is ranked under the list of top 100 colleges in India by NIRF for MBA courses. Candidates can consider the ranking factor to choose the best institute to pursue Management course. A two consecutive year ranking comparison for IFMR Chennai MBA course is tabulated below:

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

As per the placement report 2023, the IFMR average package offered during the 2023 placements drive stood INR 13.50 LPA. Earlier in 2022, the average package offered stood at INR 11.21 LPA. Thus, a rise of 16% in the average package was observed in 2023 when compared with 2022. Going back to 2021 placements, the average package offered stood at INR 10 LPA.

IFMR Chennai admission 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 usually opens in Oct.  The admission process generally wraps up in the month of June. The classes are likely to begin in the first week of July. 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

IFMR Chennai offers a two-year MBA course in a full-time mode. Candidates can pusue this course across seven major specialisations. The MBA specialisations offered at IFMR Chennai are as follows:

1. Data Science & Information Systems
2. Economics
3. Finance, Accounting & Quantitive Finance
4. Organizational Behaviour & Human Resources
5. Marketing Management
6. Operations Management
7. Strategic Management

The latest cutoff information for the MBA programme at IFMR Chennai is as follows:

• For CAT 2023, the expected cutoff percentiles are 80 for MBA Marketing, MBA Strategic Management, MBA Data Science, and MBA Economics.
• For CMAT 2024, the expected cutoff is 85 percentile for General Category.
• For XAT 2024, the expected cutoff is 75 percentile.
• For NMAT 2023-2024, the expected cutoff is 75 percentile.
• For GMAT 2022, 2023, 2024, the expected cutoff is 650.
• For GRE 2022, 2023, 2024, the expected cutoff is 310

The IFMR Chennai MBA fees ranges between INR 14.2 lakh - INR 29.6 lakh for both the years. The duration of the course is two years. This total tuition fee amount is inclusive of fee components such as Admission Acceptance Fee and Refundable Caution Deposit. Other than this, students have to pay for Boarding & Lodging Charges including laundry charges and Alumni Fee, separately. Candidates have to pay for the first installment of the tuition fee at the time of accepting the offer letter.

However, this information is sourced from official website/ sanctioning body and is subject to change. 

The eligibility criteria for the MBA course at IFMR Chennai is that the candidate should have passed a full-time graduation degree in any stream from a recognised institute/ university with minimum 60% aggregate. Further, candidates must have been born after 01 January, 1997 as per the minimum age requirement. Candidates in the final year of the undergraduate degree can also apply for the course. Also, students from ODL (Open and Distance Learning) institutions are also eligible to apply as per the UGC policy and notification.