Chennai, Tamil Nadu
IFMR Graduate School of Business
IFMR Chennai offers courses under the affiliation of Krea University. It is a well known university of Tamil Nadu. IFMR Chennai offers various courses, including MBA, Executive MBA, Management Development Programmes (MDPs), Data Science, PhD and certificate courses. Candidates need to fulfil the basic eligibility criteria in the primary step and fill an online application form to proceed to the further selection rounds. Read this blog to know more about IFMR Chennai admission process for the year 2024.
IFMR Admission Process 2024
To apply for admission to IFMR, you need to follow these steps:
Create Login:
Visit the IFMR website and click on the "APPLY NOW" button located on the top right corner of the page.
You will be directed to a page where you can create your login credentials.
Fill Application:
After creating your login, you will need to fill out the application form with accurate information.
Pay Application Fee:
The non-refundable application fee of INR 1,500/- must be paid using Debit Card / Credit Card / Internet Banking through the application portal before the final submission of the application form.
Upload Documents:
Once the application fee is paid, you will be required to upload the necessary documents as specified in the application guidelines.
After completing these steps, your application will be processed, and if you meet all eligibility criteria, you will be considered for a personal interview. Shortlisted candidates will be informed via email and the dashboard of the application portal, along with the interview schedule.
IFMR Selection Process 2024
- For MBA admission, candidates need to have a valid score in CAT/ XAT/ CMAT/ GMAT/ GRE/ NMAT. Shortlisted candidates are further called for an application screening and a Personal Interview (PI) round.
- 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, candidates have to qualify for any one of the entrance exam such as IPMAT, SAT, Krea Aptitude Test and CAT, CMAT, GATE, etc., respectively
Eligibility criteria of IFMR
- Candidates must have a Bachelor's degree from a recognized university in a relevant discipline with 60% aggregate marks.
- Candidates born after January 01, 1996, are eligible to apply.
- Along with it, candidates need to have 60% aggregate marks in the 10th and 12th exams and a valid score in entrance exam Score.
- Work experience is not mandatory but credits will be given to those who have full-time experience up to 36 month
| Competitive Exam | Year | Perentile / Score |
|---|---|---|
| CAT | 2022 / 2023 | 75 percentile |
| XAT | 2023 / 2024 | 75 percentile |
| NMAT | Oct 2023 - Feb 2024 | Score of 222 |
| CMAT | 2024 | All India Rank (AIR) up to 7200 |
| GMAT | 2022 / 2023 / 2024 | Score of 650 |
| GRE | 2022/ 2023/ 2024 | Score of 310 |
Exemption from Competitive Exams:
Applicants who have secured positions within the top 20 ranks among universities and institutes acknowledged by NIRF will not be required to submit competitive exam scores.
Valid documentary evidence confirming the university ranking must be provided along with the application to avail this exemption.
Other Details:
- Graduates of full-time degree courses and students in the final year of undergraduate degrees are eligible to apply.
- Students from Open and Distance Learning (ODL) institutions are also eligible as per UGC policy.
- Applicants must submit valid scores in one or more of the competitive exams mentioned, and the best score will be considered, subject to meeting the eligibility cutoff.
- Work experience is not required, but candidates with up to 36 months of full-time work experience will receive credit during the evaluation of the application.
- Ensure that you meet these eligibility criteria before applying for the MBA program at IFMR.
Scholarships at IFMR
IFMR GSB offers various scholarships to support students financially and recognize their academic excellence. Here are the scholarships offered:
- Merit cum Means Scholarship:
Eligibility:
Minimum CGPA of 3.33 (equivalent to a 'B+' grade average) at the end of Term-3.
Family annual combined income for the Financial Year should be less than INR 10 Lakhs.
Scholarship Amount: Up to Rs 2 lakhs per student.
The scholarship is awarded based on need, determined through student-provided information and personal interviews if required. The top 10 eligible students are considered for the award.
| Criteria | Eligibility |
| Minimum CGPA | 3.33 (equivalent to a 'B+' grade average) |
| Family Annual Combined Income | Less than INR 10 Lakhs |
| Scholarship Amount | Up to Rs 2 lakhs per student |
| Selection Process | Need-based assessment and personal interview |
| Number of Recipients | Top 10 students meeting eligibility criteria |
- Thomas Scholarship for Business Leaders:
Awarded by Hindustan Unilever Limited (HUL) to the second-year MBA student based on academic performance at the end of Term-3.
Scholarship Amount: Rs 1 lakh.
| Scholarship Name | T. Thomas Scholarship for Business Leaders |
| Sponsor | Hindustan Unilever Limited (HUL) |
| Eligibility Criteria | Second-year MBA student |
| Based on academic performance at the end of Term-3 | |
| Scholarship Amount | Rs 1 lakh |
| Selection Process | Top performers selected by Registrar’s Office |
- Merit Scholarships:
Based on CGPA at the end of the second year.
First Rank: Rs 2 lakhs.
Next three ranks: Rs 1 lakh each to three students.
| Rank | Scholarship Amount |
| First Rank | Rs 2 lakhs |
| Second Rank | Rs 1 lakh |
| Third Rank | Rs 1 lakh |
| Fourth Rank | Rs 1 lakh |
- CFA – CMA – IFMR GSB University Affiliation Program Partnership:
Under this program, IFMR GSB is authorized to nominate eligible students for scholarships given by the CFA Institute to pursue the CFA Program while studying for their MBA at IFMR GSB, Krea University.
These scholarships aim to support deserving students financially and encourage academic excellence, thereby ensuring that students are not deprived of education due to financial constraints.
| Program | Scholarship Opportunity |
| CFA – CMA – IFMR GSB University Affiliation Program | Scholarship for pursuing the CFA Program |
| Eligibility Criteria | Nomination by IFMR GSB for eligible students |
| Scholarship Details | Scholarships given by CFA Institute for CFA Program |
| Scholarship Amount | Varies based on the scholarship offered by CFA Institute |
Frequently Asked Questions:
How do I apply for admission to IFMR Graduate School of Business?
You apply online by filling a form, paying a fee, and submitting documents. Shortlisted candidates have interviews.
What are the requirements to be eligible for admission at IFMR Graduate School of Business?
You need good grades in school and college. Also, you should do well in exams like CAT, XAT, etc.
How can I get financial help through scholarships at IFMR Graduate School of Business?
If you need help with money for studying, you can apply for scholarships. They look at your grades and your family's income.
What kinds of scholarships are available at IFMR Graduate School of Business?
There are different scholarships based on your grades and leadership qualities. Some are from companies like Hindustan Unilever.
Can I be exempted from taking certain exams for admission to IFMR Graduate School of Business?
If you were really good in your previous studies, you might not need to take some of the exams. But you need to show proof.
