IFMR Graduate school of Business KREA University (IFMR GSB) Sricity Andhra Pradesh - Other Answered Questions

The total fee of Integrated BBA+MBA offered at IFMR Krea University for 5 years is as follows:
| Year | Tuition Fee | Living Expenses | Total |
| - | - | - | - |
| 1 | ₹5,00,000 | ₹2,15,000 | ₹7,15,000 |
| 2 | ₹5,00,000 | ₹2,15,000 | ₹7,15,000 |
| 3 | ₹5,00,000 | ₹2,15,000 | ₹7,15,000 |
| 4 | ₹7,50,000 | ₹2,15,000 | ₹9,65,000 |
| 5 | ₹7,50,000 | ₹2,15,000 | ₹9,65,000 |
Total fee for 5 years: ₹40,20,000

The total fees for Integrated BBA+MBA at IFMR Krea University are as follows:
For the first three years, the Tuition fee is Rupees Five Lakhs (5 Lakhs) per annum.
For the next two years, the Tuition fees of the MBA programme are applicable; that is, Rupees Seven Lacs Fifty Thousand (7.50 Lakhs) per annum.
Living expenses are Rupees Two Lakhs Fifteen Thousand (2.15 Lakhs) per annum.
Total fees for 5 years = (5,00,000 * 3) + (7,50,000 * 2) + (2,15,000 * 5)
= 15,00,000 + 15,00,000 + 10,75,000
= 40,75,000
Therefore, the total fees for Integrated BBA+MBA at IFMR Krea University is Rupees 40,75,000.

The admission criteria for Integrated BBA+MBA at IFMR Krea University includes:
- Performance of 60% or equivalent in Class XII or equivalent examination
- Test scores from IPMAT or SAT or Krea Aptitude Test taken within the calendar year 2024 or 2023
- Medium of education should be English in Class XII or equivalent
- Candidates who are likely to complete Class XII or equivalent examination by the end of June 2024 can apply.

The hidden charges for Integrated BBA+MBA at IFMR Krea University are as follows:
- Admission Acceptance Fee: ₹25,000
- Part 1 of first Instalment fees: ₹75,000
- Part 2 of first Instalment fees: ₹1,20,000
- Living expenses: ₹2,15,000 per annum (subject to revision)
- Caution Deposit: ₹50,000
- Miscellaneous Fees (for usage of Sports and Gym facility): ₹5,000

Selecting Great Lakes Institute of Management (GLIM), Chennai, or IFMR Graduate School of Business (GSB), Sri City, relies on your priorities and preferences along with your career ambitions. Both are strong institutions, and the selection must be based on what is most important to you. Great Lakes Institute of Management, Chennai is popular for its one-year PGPM course, which suits professionals with work experience. It also has a two-year PGDM course for freshers. The institute has a strong industry interface, diverse peer group, and good placement record. Deloitte, Accenture, and J.P. Morgan are some of the companies that regularly recruit from GLIM. The average salary for PGDM graduates is good, and the campus facilities are modern and well-equipped. Its location on the outskirts of Chennai may be a disadvantage for some. IFMR Graduate School of Business, Sri City, has a focus on finance and analytics but also has a balanced MBA program. It is affiliated with Krea University, which focuses on interwoven learning. IFMR GSB has a peaceful campus setting and an emphasis on academic intensity. Placement is strong, with the presence of companies such as HSBC, Barclays, and Nomura on campus. The package is a bit less than GLIM but the institute offers high value for money. Its closeness to Chennai provides access to urban luxuries while keeping campus life serene. In short, if you emphasize a strong alumni network, exposure to the industry, and a larger average package, GLIM would be the more suitable option. Alternatively, if you emphasize academic seriousness, finance focus, and a peaceful campus setting, IFMR GSB would be the more appropriate option. Think in terms of your career goals and preferences to make the right choice.

To know which is a better choice, students must weigh both options based on important factors such as fees and the highest salary. As per official sources, the fees to pursue an MBA/PGDM at Great Lakes Institute of Management Chennai and IFMR Graduate School of Business is INR 11.5 Lacs and INR 14.6 lakh, respectively. In terms of fees, Great Lakes Institute of Management Chennai is a better choice.Moreover, as per placement data available on Shiksha, the median salaries offered to MBA/PGDM students at Great Lakes Institute of Management Chennai and IFMR Graduate School of Business are INR 39.3 LPA and INR 13.10 LPA. In terms of package, an MBA/PGDM from the Great Lakes Institute of Management Chennai is a better choice.Note: The above information is taken from various official sources. Hence, it is indicative.