IFMR MBA Admission 2019: Last Date to Apply Extended to Feb 7 for EDR; Know the Criteria, Process, Fees, Placement

IFMR MBA Admission 2019
Friday, February 01 2019, 09:20 AM
IFMR Chennai, now IFMR Graduate School of Business at KREA University has extended the last date to apply for MBA 2019 under Early Decision Round to February 7, 2019 from earlier January 31. Early Decision Round (EDR) is the unique MBA admission process for the candidates who are working or have earlier worked but are not working now as only they can apply in Early Decision Round (EDR). These applicants will be shortlisted for final selection process on the basis of their profile

IFMR Chennai Admissions 2019 - Apply Now

Rebranded as IFMR Graduate School of Business at KREA University, IFMR Chennai - the Institute for Financial Management & Research has extended the last date to apply under Early Decision Round to February 7, 2019. Earlier the IFMR Graduate School of Business at KREA University was to close the MBA admission 2019 application process on January 31, 2019 for Early Decision Round (EDR) which helps the working candidates or the candidates with work experience to get shortlisted for final selection process on the basis of their profile.

Since the 2017-19 batch, IFMR Business School has started to offer a two-year post-graduate Masters in Business Administration (MBA) degree under the auspices of the KREA University.

Last opportunity for MBA Admission 2019

KREA University: To Provide Top Quality Management Education
The KREA University is promoted by IFMR Society. The University aims to provide liberal arts education to high potential individuals so that they would learn to create positive and catalytic impact in a dynamic and diverse world. IFMR Graduate School of Business at KREA University aims to provide top-quality management education that prepares students to be ethically grounded, be highly skilled in integrated reasoning and be effective leaders of enterprises.. IFMR Chennai Admissions 2019 - Apply Now

Last Date to Apply – February 7, 2019 For EDR: Application Process Made Easier
Submission of application for MBA admission 2019 at IFMR has been made much easier for the MBA aspirants. Relaxing the application process, IFMR has announced to accept applications in two rounds - Early Decision Round (EDR) and General Round. The last date to apply for EDR is now extended by 7 days and will be February 7, 2019. However, the last to apply for General Round remains February 15, 2019... 

How to Apply for Admission
Application for Admission to MBA 2019 at IFMR Chennai should be submitted online. Last date to apply for Early Decision Round is extended to February 7, from January 31 2019. The application fee at IFMR is Rs.1500/- and should be paid through Debit Card / Credit Card / Internet Banking. The Application form is available at forms.ifmr.ac.in. It has an applicant friendly form. The payment of application fee is to be made online only after completion of the application form.. IFMR Chennai Admissions 2019 - Apply Now

Early Decision Round (EDR): Application Open for Candidates Working now or Worked Earlier-Apply by Feb 7

  • The Early Decision Round is open to applicants who are employed or may not be currently employed but have been employed in the past and currently taking a break for the sake of MBA entrance.  
  • The candidates who were working earlier but are not working now can apply with Early Decision Round for MBA admission 2019 at IFMR Chennai.
  • Last Date to Apply for Early Decision Round is extended to February 7, 2019
  • Shortlist of candidates for EDR will be released in 2nd week of February, 2019
  • The selection process will start in 3rd week of February 2019
  • Final selection result will be declared in the 4th week of February 2019
  • The selection process for this round scheduled in February 2019, is to be held at the 7 Indian cities – Bangalore, Chennai, Delhi, Hyderabad, Kolkata, Mumbai, and Pune. The centre allocation is subject to a viable number of shortlisted applicants in each of these centers.

General Round: Application Open both for Freshers & Employed: Last Date to Apply Feb 15, 2019

  • The Application for General Round is open to all applicants – employed or fresher.
  • The deadline to apply for the General Round is 15th February2019.
  • The selection process for this round is scheduled in March 2019.
  • Result will be declared in the 1st week of April, 2019
  • The selection process for this round scheduled in March 2018 is to be held at  Bangalore, Kochi, Chennai, Hyderabad, Ahmedabad, Mumbai, Pune, Jaipur, Delhi, Lucknow, Kolkata, Bubaneswar and Patna. However, the centre allocation is subject to a viable number of shortlisted applicants in each of these centers.

IFMR MBA 2019 Fee
The programme fees payable for MBA 2019-21 at IFMR is:

Programme
Programme Fee (Rs. in Lakhs)
MBA
12
  • The fee covers tuition, books & materials, library membership, examination fee, and IT charges.  
  • The fee does not cover a Laptop and applicants are required to bring their own Laptop at their own cost.
  • Living expenses will be extra. It is estimated that the boarding & lodging would together be approximately Rs.1,20,000/- per annum.

IFMR MBA Admission 2019: Important Dates

Activity
Early Decision Round
General Round
Application Deadline
7 February 2019
15 February 2019
Release of Shortlist (for Selection Process)
2nd week of Feb 2019
2nd week of March 2019
Selection Process Starts
3rd week of Feb 2019
4th week of March 2019
Announcement of Results
4th week of February 2019
1st week of April 2019
Program Starts on
1st June 2019 (tentative)

IFMR Placements 2019: Average Salary Up

IFMR holds a 100% placement track record with students being placed with lucrative salary packages in a wide range of industries: IT, Banking, Financial Services & Consulting, as well as Manufacturing.

The Placement process 2019 at IFMR MBA students is underway and as on January 21, 2019, more than 85% students of MBA 2017-19 batch were placed with higher salary packages.

The average salary in Placement 2019 at IFMR has gone up to Rs.9.5 lakhs per annum from Rs.8.3 lakhs last year. The highest salary offered so far in Placement 2019 at IFMR stands at Rs.14 lakhs per annum.

The top recruiters making placement offers in placement 2019 include CRISIL, Credit Suisse, J P Morgan Chase, HSBC, Deloitte, HDFC Bank, KPMG, Barclays, Citi, Standard Chartered among others.  

IFMR has a balanced mix of candidates with industry experience and complete freshers. A trading floor, a well-stocked library, a well-established mentoring scheme, opportunities to learn and earn via live projects and ongoing research collaborations with MIT and Harvard offer a learning environment for the holistic manager of the future.. IFMR Chennai Admissions 2019 - Apply Now

IFMR Admission Criteria
IFMR Chennai Admission Criteria 2019 is a two step process involving the Shortlisting criteria and final admission criteria based on entrance exam score and other key components apart from entrance exam score.

Step-Wise Admission Process
The selection process consists of Written Ability Test (WAT) followed by personal interview (PI). IFMR has two rounds for MBA admission 2019. IFMR admits students with a proven calibre to perform. Admission process to the MBA 2019 is facilitated through a rigorous selection process which requires highly competitive CAT/XAT/CMATGMAT scores, performances in personal interview and other criteria. Following steps are included in the IFMR Admission process:

Step 1: Must have appeared in at least one of the entrance exams – CAT 2018; XAT 2019; CMAT 2019; GMAT or GRE (Taken on or after Jan 1, 2016)

Step 2: The candidate should apply to IFMR online by using the application form. The application fee of Rs.1500/- can be paid online.

Step 3: Candidates are short-listed for Personal Interview (PI) and Written Ability Test (WAT) round from among the eligible candidates who have a valid entrance exam score, good academics and qualify on other parameters and have applied to the programme of IFMR.

The P I-WAT process will be conducted in the months of February/March 2019.

Step 4: After the PI round, admission offers are made by IFMR to successful candidates. The final selection is based on a diverse set of attributes which includes performance in entrance exam, performance in PI round, academics, Work Experience among others

Step 5: Final Admission Offer will be made to the candidates in the April 2019 on the basis of Final Score arrived after awarding the weightage scores on all the components... IFMR Chennai Admissions 2019 - Apply Now

Who Can Apply for IFMR Admission 2019?

  1. Applicants should have been born on/after 1st January 1992 and on/before 31st December 2000.
  2. IFMR eligibility criteria require that the candidate must hold a bachelor's degree of minimum 3 years duration, with a consistent good academic record with 1st class marks or equivalent CGPA
  3. The candidate should be registered for CAT 2018/XAT 2019/CMAT 2019 or GMAT/GRE (GMAT & GRE (taken on / after 1st January 2016).
  4. If the candidate is awarded grades/CGPA instead of marks, the equivalence to determine PGDM admission eligibility would be based on the equivalence certified by the institution/university from where the bachelor's degree is obtained. In case the institution/university does not have any scheme for converting the CGPA into equivalent marks, the equivalence would be established by IFMR by dividing the obtained CGPA by the maximum possible CGPA and multiplying the resultant by 100 to confirm the Admission eligibility of the candidate. 
  5. A candidate appearing for the final year bachelor's degree/equivalent qualification examination and those who have completed the degree requirements and are awaiting results is also eligible to apply for IFMR Admission 2019.
  6. It is mandatory for a final year student, who is provisionally considered eligible by IFMR and offered admission, to submit the mark-sheet and degree certificate of the final year bachelor's degree examination by the date prescribed by IFMR.
  7. Graduates from a full time degree course, but NOT Part time/ correspondence/ distance mode/ online mode in any discipline with consistent academic record; Candidates pursuing final year degree are eligible to apply.
  8. Work experience is NOT mandatory, but those with work experience should have less than or equal to 3 years of experience as of 1st December 2018.

IFMR Chennai Admissions 2019 - Apply Now

The MBA programme at IFMR is under the auspices of KREA University and learning experience at IFMR is good. The faculty at IFMR consists of dedicated full-time faculties holding PhDs from universities such as Minnesota, Ohio, Georgia and Texas A&M in the US as well as the IIMs and IITs in India. IFMR has one of the best ‘faculty: student ratio’ among private business schools in India.

The two-year full-time MBA course consists of 6 trimesters and a two-month intensive summer internship between the 3rd and 4th trimesters. Specialisations are available in Data Sciences, Finance, Financial Engineering, IT & Operations, Marketing and Human Resources.

IFMR’s new state-of-the-art campus is at the heart of the fast-growing Sri City; a 5,000 acre Special Economic Zone (SEZ) situated 70 km north of Chennai. It is fast becoming a hub for India’s large and medium scale industries, and is a business destination for multinational corporations to establish operations  

Stay tuned to MBAUniverse.com for more updates on IFMR Graduate School of Business at KREA University