IFMR MBA admission process will commence concurrent with the initiation of CAT registration. CAT 2023 registration is slated to commence on August 2, 2023, with the exam scheduled for November 26, 2023. Notably, there has been an increase in the registration fee for CAT 2023 across all categories. For general category candidates, the fee has risen to ₹2,400 from last year's ₹2,300. Likewise, for SC, ST, and PwD candidates, the fee has been raised to ₹1,200 from the previous year's ₹1,150.
The registration process for XAT 2024 has already kicked off, and applicants have until November 30, 2023, to submit their applications. The XAT 2024 exam is slated for January 7, 2024. As for NMAT, registrations opened on August 1, 2023, and the application deadline is October 10, 2023. The NMAT 2023 exam is scheduled to take place from October 10 to December 19, 2023. Interested candidates can complete their applications through the official website.
Founded in 1970, IFMR Graduate School of Business, also known as IFMR Chennai and affiliated with Krea University, is a privately-operated business school situated in Sri City, Andhra Pradesh. The institution holds accreditation from SAQS and is notably recognised for maintaining one of the most favorable faculty-to-student ratios among private educational institutions in India. IFMR offers a flagship 2-year full-time MBA program, admitting 180 students annually. Furthermore, the Business School provides Executive MBA (EMBA), Management Development Programs (MDP), Certificate courses, and the opportunity to pursue a Ph.D. in Finance, Economics, and Management. Admission criteria at IFMR include evaluating candidates based on their CAT, XAT, CMAT, GMAT, GRE, or NMAT scores, followed by application screening, a Writing Ability Test (WAT), and a Personal Interview (PI) round.
In the IFMR Graduate School of Business Placements for the year 2023, there was a significant 20% increase in the average salary compared to the previous year.
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IFMR MBA admission process will commence concurrent with the initiation of CAT registration. CAT 2023 registration is slated to commence on August 2, 2023, with the exam scheduled for November 26, 2023. Notably, there has been an increase in the registration fee for CAT 2023 across all categories. For general category candidates, the fee has risen to ₹2,400 from last year's ₹2,300. Likewise, for SC, ST, and PwD candidates, the fee has been raised to ₹1,200 from the previous year's ₹1,150.
The registration process for XAT 2024 has already kicked off, and applicants have until November 30, 2023, to submit their applications. The XAT 2024 exam is slated for January 7, 2024. As for NMAT, registrations opened on August 1, 2023, and the application deadline is October 10, 2023. The NMAT 2023 exam is scheduled to take place from October 10 to December 19, 2023. Interested candidates can complete their applications through the official website.
Founded in 1970, IFMR Graduate School of Business, also known as IFMR Chennai and affiliated with Krea University, is a privately-operated business school situated in Sri City, Andhra Pradesh. The institution holds accreditation from SAQS and is notably recognised for maintaining one of the most favorable faculty-to-student ratios among private educational institutions in India. IFMR offers a flagship 2-year full-time MBA program, admitting 180 students annually. Furthermore, the Business School provides Executive MBA (EMBA), Management Development Programs (MDP), Certificate courses, and the opportunity to pursue a Ph.D. in Finance, Economics, and Management. Admission criteria at IFMR include evaluating candidates based on their CAT, XAT, CMAT, GMAT, GRE, or NMAT scores, followed by application screening, a Writing Ability Test (WAT), and a Personal Interview (PI) round.
In the IFMR Graduate School of Business Placements for the year 2023, there was a significant 20% increase in the average salary compared to the previous year. A total of 158 students secured positions with 39 different recruiters. The IFMR average package reached INR 13 LPA, with the IFMR highest package reaching an impressive INR 20 LPA. Notable recruiting organisations included Deloitte, EY, KPMG, JP Morgan & Chase, Wells Fargo, PwC, among others. The highest salary package offered stood at an impressive INR 18 LPA.
IFMR Chennai Quick Facts
- IFMR offers a 2-year fully residential IFMR MBA program.
- The tuition fee for the flagship MBA program is INR 13,86,000/-.
- IFMR GSB holds the recognition of being a Scientific and Industrial Research Organisation (SIRO) by the Ministry of Science and Technology, Government of India.
- In the 2022 placement season, 165 students secured job placements, with the highest salary package reaching INR 18 LPA.
- The faculty at IFMR includes dedicated professors with PhDs from prestigious institutions worldwide, including universities in the United States such as Minnesota, Ohio, Georgia, and Texas A&M, as well as India's top institutions like IIMs and IITs.
- IFMR GSB has introduced a new Leadership Development program called LEAP, developed in collaboration with WayCool Foods.
IFMR Chennai Important Dates
CAT Dates |
CAT Registration Starts |
August 2, 2023 |
CAT Registration Ends |
September 13, 2023 |
CAT Admit Card |
October 25, 2023 |
CAT Exam Date |
November 26, 2023 |
XAT Dates |
XAT Registration Opens |
July 15, 2023 |
XAT Registration Closes |
November 30, 2023 |
Last Date for XAT Application through GMAT / GRE |
December 31, 2023 |
XAT Exam Date |
January 07, 2024 (2:00 PM to 5:10 PM) |
NMAT Dates |
NMAT Registration |
August 1 - October 10, 2023 |
NMAT Scheduling |
August 1 - October 12, 2023 |
NMAT Re-Scheduling |
August 1 - December 16, 2023 |
NMAT Exam Dates |
October 10 - December 19, 2023 |
NMAT Registration Retake |
October 11 - December 16, 2023 |
NMAT Retake Scheduling |
October 11 - December 16, 2023 |
NMAT Last Date for Scorecard Download |
March 31, 2024 |
MBA |
Event |
Important Dates (Tentative) |
Application Opens |
October 25, 2023 |
Application Closes |
December 30, 2024 |
January 29, 2024 |
February 26, 2024 |
March 26, 2024 |
May 29, 2024 |
Interview Registration |
January 03, 2024 |
January 31, 2024 |
February 28, 2024 |
March 28, 2024 |
May 31, 2024 |
Interview Dates |
January 07 - 08, 2024 |
February 04 - 06, 2024 |
March 04 - 05, 2024 |
April 01 - 02, 2024 |
June 03 - 06, 2024 |
Registration, Orientation, and Class Begins |
First Week of July 2024 |
IFMR Chennai Ranking
Ranking Body |
Category |
Ranking |
NIRF 2023 |
Management |
74 |
IFMR MBA Course & Fee Structure
The IFMR Chennai, also known as IFMR Graduate School of Business (IFMR GSB), offers various courses with different fee structures. One prominent program is the IFMR MBA. IFMR Graduate School of Business, often referred to as IFMR GSB, provides comprehensive details about its courses and fee structures on its official website. Students interested in pursuing an MBA at IFMR Chennai or any other program at IFMR Graduate School of Business can get most up-to-date Information of IFMR MBA course offerings and fee structures as follows.
Courses |
Eligibility |
MBA |
A minimum 60% score in class 10th, 12th, and graduation./ Candidates in the final year of the undergraduate degree can apply.
Duration: 2 years
Admission Criteria: CAT, CMAT, NMAT by GMAC, XAT, GMAT + Written Ability Test + Personal Interview
Intake: 180
Fee: INR 14,21,000 (excluding 2-year boarding Charges) |
Executive MBA |
Full-time graduate degree in any stream from a recognised institute/ university/ Relevant work experience of 2 years
Duration: 3 years
Admission Criteria: written tests by IFMR GSB faculty + PI at L&T Construction’s offices.
Intake: 45 (2019-2022) |
MDP |
Minimum Graduation from Any Recognised University /Institution
Duration: 6 months -1 year
Admission Criteria: WAT by IFMR GSB+PI |
PhD |
Minimum 60% marks in undergraduate degree / Master Degree or equivalent PG Diploma in any discipline/ Full-Time Graduates/ candidates in the final year of the post-graduate degree are eligible to apply
Duration: Min 3 Years
Admission Criteria: CAT, CMAT, GATE, GMAT, GRE, NET JRF, NMAT, XAT +PI |
Data Science |
A bachelor's degree from a reputed institution. Having work experience in the public or private sector.
Duration: 10 months
Admission Criteria: Based on application + PI |
IFMR Chennai Cutoff 2023
Qualifying Exams |
Cutoff 2023 |
NMAT |
Score of 222 |
CAT |
75 percentile |
CMAT |
Score of 220 |
GMAT |
Score of 650 |
XAT |
75 percentile |
GRE |
Score of 310 |
IFMR Chennai Placements 2023
Batch |
Placement Statistics (2021-23) |
Placement Percentage |
86% |
Number of Students participated |
184 |
Number of students placed |
158 |
Companies Participated |
39 |
Highest CTC |
INR 20 LPA |
Average CTC |
INR 13 LPA |
Major Recruiting Sectors |
BFSI, Consulting, and IT |
Futuristic Roles Offered |
Risk Management, Consulting, Analytics, Regulatory Reporting |
Top Recruiters |
Deloitte, Nomura, Axis Bnak, HSBC, EY, JP Morgan Chase & Co, etc. |
IFMR Chennai Scholarship
-
Full Tuition Fee Waiver Scholarship: Awarded based on academic performance, competitive exam scores, and performance in admission assessments, such as written tests and interviews.
-
Merit-cum-Means Scholarships: Eligibility criteria include a minimum CGPA of 3.50 at the end of the first year and an annual family income of less than INR 10 Lakhs. Students can receive a scholarship amount of up to INR 2.50 lakh.
-
Merit Scholarships: Awarded based on CGPA at the end of the second year. The top-ranked student receives INR 2 Lacs, and the next three top-ranked students each receive INR 1 Lac.
-
T Thomas Scholarships for Business Leaders: Sponsored by HUL, this scholarship awards INR 1 Lac to second-year students from the graduating batch.
IFMR Chennai FAQs
Q. Is it possible to apply for an MBA at IFMR Chennai if I have a gap year?
A. Yes, applicants with a gap year can apply, but they need to provide a justification for the gap and include details of their activities during that time in their application.
Q. Is everyone eligible to apply for scholarships at IFMR Chennai?
A. IFMR Chennai offers two types of scholarships: Merit-based and Need-based. Eligibility criteria vary for each, and applicants must meet the specific requirements to be considered.
Q. What is the student-to-faculty ratio at IFMR Chennai?
A. The student-to-faculty ratio at IFMR GSB is 12:1.
Q. How does IFMR Chennai assist students in obtaining loans?
A. IFMR Chennai provides loan assistance to students through WeMakeScholars, supported by the Government of India. They collaborate with over 10 public banks and NBFCs in India to help students find the most suitable education loan. This service is free and has benefited over 10,000 students. Loan amounts range from INR 2 lakhs to INR 2 crores, covering 100% of total expenses, including course fees and living expenses, with interest rates starting from 6.75%. The repayment period can extend up to 15 years, with a moratorium period that includes the course duration plus six months. There are no prepayment closure charges, and students can claim a 100% tax benefit for interest paid under Section 80E.
Q. How large is the IFMR Chennai campus?
A. IFMR GSB's campus in Sri City spans 40 acres and is situated 70 km from Chennai. The campus is strategically located amidst global organisations that have established world-class manufacturing facilities in Sri City, serving both the Indian and export markets. These organisations include Alstom, Kobelco, Danielli, Colgate, Cadburys, Pepsico, Kelloggs, Isuzu Motors, and numerous Japanese, American, and European corporations.
Q. What facilities are available on the IFMR Chennai campus?
A. The 300,000 sq. ft campus offers air-conditioned classrooms, Wi-Fi connectivity, an ATM, a health center, air-conditioned hostel rooms, a laundromat, a convenience store, a fitness studio, a student lounge, a student hub with indoor games, a snack vending machine, a unisex salon, a basketball court, cricket nets, a coffee shop, a 4-bed medical center operated by Kauvery Hospitals with 24/7 medical staff, a pharmacy, first aid boxes on all floors, a BLS ambulance on campus, a 12,000 sq ft futsal field with night playing facilities, and a 1,10,000 sq ft open-air amphitheater.
Q. How can I reach IFMR Chennai's Sri City campus?
A. To reach the Sri City campus:
By Car:
- From Chennai International Airport: Approximately 85 km, about 1 hour 45 minutes.
- From Tirupathi International Airport: Approximately 75 km, about 1 hour 30 minutes.
- From Chennai Central Railway Station: Approximately 70 km, about 1 hour 30 minutes.
- From Sullurpeta Railway Station: Approximately 22 km, about 20 minutes.
- From Tada Railway Station: Approximately 9 km, about 10 minutes.
By Bus:
- From Madhavaram Mofussil Bus Terminus (MMBT - Chennai Mofussil Bus Terminus): Approximately 56 km. There are plenty of buses to Tada from Madhavaram Bus Station, with stopovers in Kalahasthi, Naidupet, and Nellore.
By Train:
- Tada: The closest railway station to Sri City is Tada, which can be reached by local trains from Chennai Central. The journey takes approximately 2 hours.