IFMR Graduate school of Business, KREA University (IFMR GSB), Sricity Scholarships and Funding
Merit-Cum-Means Scholarship: The School extends scholarships to students in need of financial assistance. The objective of the scholarship policy is to ensure that a meritorious student is not deprived of education for financial reasons.
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.
Scholarship is given only to those students who are assessed to have the need for it. The Committee makes this decision based on the information provided by the student and a personal interview with him/her, if required. Based on the recommendations of the Scholarship Committee, the top 10 students who meet the above eligibility criteria will be considered for the award of scholarship. The scholarship amount shall be up to Rs 2 lacs per student.
Thomas Scholarship For Business Leaders:
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 Scholarships:
Based on the CGPA at the end of the second year, following merit scholarships are awarded:
1.) First Rank: Rs 2 lacs.
2.) Next three ranks Rs 1 lac each to three students.
CFA – CMA – IFMR GSB University Affiliation Program Partnership:
Under the CFA UAP Programme, in each fiscal year, IFMR GSB 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.
For more information kindly visit:
https://krea.edu.in/ifmrgsb/scholarships/
The tuition fee for MBA is INR 16 lakh. The fee structure includes many more components. Some of them are Admission Acceptance Fee, Accommodation charges, etc. Students can pay ther fee in multiple installments. A caution money of INR 35,000 has to be paid before a specified date after acceptance of admission offer.
The total tuition fees for Integrated BBA is INR 31 lakh at IFMR Chennai. The total fees also includes caution deposit, admission acceptance fees, etc. Aspirants can pay the course fees in installments as specified by the institute.
Reviews (Showing 6 of 105 reviews)
Placements: I am in the 3rd batch of this program, and my seniors, who are in their 3rd year, are all leaving the college. Not a single person is continuing the MBA from here, as the placement rate is dropping year by year. If you can spend 25 LPA for BBA, then this college is for you, but if you can't, just choose any BBA college and prepare for CAT instead.
Placements: In my course, 128/280 have been placed till now. The highest placement offered is 12 LPA, and the lowest is 8 LPA. Top recruiters are JPMC, Moody's, ROC, and Indian banks. Top roles evaluation, credit analyst, risk. Generally, 35% got a good internship, and the remaining students have to settle for an average internship.
Placements: Right now, when I am writing this review, the placements are ongoing as this year's job market situation is not quite satisfactory. Many students are hustling for jobs, they are even trying off-campus placements. The highest package offered in my batch till now is 20 LPA. Companies like Deloitte, TCS, and many more top companies came for campus recruitment.
Placements: Till now, few companies have visited the campus like Uber, Google, Microsoft, BNY, and Expedia and all of them have offered internships to 3rd year students. Approximately, with the same stipend is around 1 LPA and more companies are set to come because this was just the first month of the season, and long way to go ahead.
Placements: The college placements are good but the packages are low. The average package offered is 2.5 Lacs and the highest is 11 Lacs. Accenture, Genpact, EXL, etc. hire many students. Accenture hires for test analyst profile, Genpact for business analyst, and EXL for consultant profile. Mostly Tech companies recruit students. 70% students got placed in our batch, but the internships are very low with most of them being unpaid and useless.
Placements: Since we are the first batch of IFMR's integrated course, it cannot be calculated as to how many students were placed. As per the data of 2023, our highest package was 22. 90 LPA with an average package of 13.50 LPA. Top recruiting companies are Barclays, Deloitte, EY, Morgan, Stanley and Well fargo. All the students got internships. The top roles offered are that of global risk analysis, wealth management, and strategy consultant.
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Student Forum
Anything you would want to ask experts?Answered 10 months ago
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 y
N
Guide-Level 15
Answered 2 years ago
Yes, IFMR GSB offers scholarship programs for those students who performs well in their academics.
The college is now offering Rs 1 Lacs as a scholarship to those students who have done well in their academic at the end of term 3.
IFMR is also selected by Hindustan Unilever Limited for award of T. Th
A
Beginner-Level 4
Answered 3 years ago
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 elig
R
Contributor-Level 9
Answered 2 weeks ago
To get a seat at IFMR Chennai, students have to first appear for any one of the entrance exams accepted by the institute for the MBA/PGDM course admission. CAT, XAT, NMAT, CMAT, Andhra Pradesh ICET, IPAMT and SAT India are the entrance exams accepted by this institute for admission to the management
N
Contributor-Level 10
Answered a month ago
The institute offers MBA for two-years as full-time programme. Admissions are based on entrance merit, personal interview and work experience (if applicable). The total tuition fee for course is INR 16 lakh. However, the total fee may be higher including other components. As per the 2023-25 placemen
B
Contributor-Level 10
IFMR Chennai refund policy follows regulations set by the UGC. Students need to fill out the refund request form within 15 days of receiving the complete details of bank account to apply for refund. The form is available on application dashboard.