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 Programs (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.
Emphasizing ethics and values, IFMR GSB aims to instill integrity and responsibility in its students, equipping them with the moral compass necessary to navigate today's global business landscape with integrity and success.
Located within Krea University and boasting over 50 years of history, IFMR GSB is renowned for its commitment to quality education and forward-thinking approach. By combining academic excellence with practical learning opportunities, IFMR GSB strives to nurture the next generation of business leaders who are well-equipped to drive positive change and make a meaningful impact in the world of business.
IFMR Chennai MBA Courses 2024
IFMR GSB, Krea University in Chennai offers two specialized programs.
Post Graduate Program in Management (MBA)
- Duration: Two years, full-time residential program.
- Objective: Designed to provide a comprehensive education in management, focusing on various functional areas such as finance, supply chain and operations, and industrial relations and human resources.
- Curriculum: The curriculum is meticulously crafted to equip graduates with the necessary skills and knowledge required to thrive in today's competitive business landscape.
- Approach: Emphasizes experiential learning and practical application, preparing students for leadership roles across diverse industries.
Executive MBA
- Duration: Three years, designed specifically for executives working at L&T; Construction.
- Delivery: Utilizes a blend of on-campus classes, online sessions, workshops, and individual dissertations/projects conducted at participants' workplaces.
- Selection Process: Involves written tests and personal interviews conducted by IFMR GSB faculty at various L&T; Construction offices across India.
- Curriculum: Initially covers core management courses and later offers specialization options in finance, supply chain and operations, or industrial relations and human resources, tailored to align with the roles and responsibilities of executives.
- Practical Component: Students undertake individual dissertations/projects related to their work, guided by IFMR GSB faculty, and attend workshops focusing on contemporary issues to enhance their practical skills and knowledge.
These programs reflect IFMR GSB's commitment to providing high-quality management education, catering to the specific needs and career aspirations of its students.
IFMR Chennai Batch Profile 2023
| Gender Diversity | Percentage |
| Male | 63% |
| Female | 37% |
IFMR Academic Background 2023
| B. Com | 91 |
| BE / B. Tech | 56 |
| BSC | 37 |
| BBA | 37 |
| Others | 29 |
IFMR Chennai Work Experience
| Fresher | 189 |
| 0-2 years | 20 |
| 2-3 years | 30 |
| More than 3 years | 2 |
Sector-Wise Split
| BFSI | 56% |
| Consulting | 22% |
| IT | 17% |
| Others | 5% |
IFMR Chennai Selection Process 2024
Applicants meeting all eligibility criteria will undergo a thorough evaluation process for admission consideration. The process is outlined below:
Initial Screening:
Candidates meeting eligibility criteria will be shortlisted based on their merit ranking.
Shortlisted candidates will receive notifications via email and the application portal dashboard, providing details regarding the interview schedule.
Mode of Interview:
Personal Interviews will be conducted online.
In-person interviews will also be arranged in select cities on specified dates:
Chennai & Kolkata – Second week of February 2024
Lucknow & Pune – Second week of March 2024
Indore & Delhi – Second week of April 2024
Assessment Criteria:
Candidates will be evaluated based on their performance in the relevant sections of the qualifying examination (CAT/XAT/NMAT/CMAT/GRE/GMAT).
Additionally, the quality of writing exhibited in the application forms will also be considered during the assessment process.
This comprehensive selection process ensures a fair and thorough evaluation of applicants, ultimately identifying individuals who demonstrate both academic excellence and strong communication skills essential for success in the program.
IFMR Chennai Placement Highlights 2023
IFMR GSB facilitated meaningful career placements for its students, underscoring the institution's commitment to fostering professional success. Throughout academic year
100% Placement Rate: Every member of the 2021-23 cohort secured employment across esteemed organizations within the BFSI (Banking, Financial Services, and Insurance), Consulting, and IT sectors.
Competitive Compensation: Graduating MBAs commanded an impressive average salary of Rs 13.5 lakhs, with the highest reported at Rs 22.9 lakhs
Lucrative Internships: Internship opportunities offered stipends as high as Rs 1 lakh per month, providing students with invaluable hands-on experience and financial remuneration.
Diverse Career Trajectories: Roles spanning Risk Management, Consulting, Analytics, and Regulatory Reporting, indicative of the of opportunities available to IFMR GSB alumni.
Continued Growth: The 2022-24 cohort embarked on promising summer internships, securing roles with the highest stipends reaching Rs 1 lakh per month.
 Placement Statistics for 2023
| Highest package | INR 22.90 LPA |
| Average package | INR 13.50 LPA |
| Median package | INR 13.10 LPA |
| Particulars | Average CTC (per annum) |
|---|---|
| Top 10% | INR 19.20 LPA |
| Top 25% | INR 17.30 LPA |
| Top 50% | INR 15.60 LPA |
Placement Statistics for 2022
| Highest package | INR 19.64 LPA |
| Average package | INR 11.21 LPA |
| Median package | INR 11.09 LPA |
Top Recruiters in IFMR
The top recruiters at IFMR GSB represent a distinguished array of esteemed organizations across various sectors. These industry leaders actively engage with the talent pool at IFMR GSB, recognizing the caliber of students and the institution's reputation for producing top-tier professionals. Some of the prominent recruiters include:
| Nomura | Morgan Stanley | JPMorgan Chase & Co. | Barclays | CRISIL | Credit Suisse |
| Wells Fargo | Societe Generale | Deloitte | EY | PwC | KPMG |
| HSBC | Accenture | Cognizant | Infosys | TVS | TVS Next |
| Axis Bank | ICICI Bank | HDFC Bank | Schneider | TresVista | Northern ARC |
| Bank of America | NatWest | Chartered Care | Decimal Point | SRM | Ask Brian |
| Innovative Data & Research Solutions | Oracle | Alliant Group | Arcesium | Electric | Tally |
Frequently Asked Questions
What is the highest package offered in IFMR GSB?
The highest package offered at IFMR GSB is Rs 22.9 lakhs per annum for the MBA program.
Does IFMR have 100 percent placement?
Yes, IFMR GSB has 100% placement record for MBA
Is IFMR profile-based?
Yes, IFMR GSB follows a profile-based selection process for its MBA program. Applicants are evaluated based on their academic background, scores in qualifying examinations (such as CAT/XAT/NMAT/CMAT/GRE/GMAT), work experience (if applicable), and the quality of their application essays.
How does IFMR GSB assist students in securing internships during their academic tenure?
IFMR GSB provides comprehensive support through its Career Development Cell, facilitating connections with industry partners, organizing networking events, and offering personalized career counseling.
Can you provide examples of the types of new-age roles IFMR GSB graduates have entered into?
IFMR GSB graduates have job roles such as Risk Analysts, Strategy Consultants, Data Scientists, and Compliance Officers in leading organizations across various sectors, reflecting the evolving demands of the industry.
