IFMR GSB Krea University announces CMAT Cut Off at 220 Marks for MBA Admission 2022; Last Date to Apply is May 2

MBAUniverse.com News Desk |
May 2, 2022
IFMR Graduate School of Business at KREA University, ranked among top 50 B-schools in India and offering multi dimensional learning with consistent record of strong placements, is closing its application process for MBA admission 2022 on May 2. IFMR GSB has announced CMAT cut off at 220 marks and will also accept CAT, XAT, NMAT scores for admission 2022. Read this article to know all the details and Key USPs, Fees and admission process of IFMR GSB
IFMR MBA Admission 2022

IFMR Graduate School of Business at KREA University, one of the top B-Schools as per Government of India, NIRF Rankings 2021, is closing its application process on May 2, for MBA admission 2022 after release of CMAT exam result. IFMR has announced CMAT 2022 cut off at 220 marks and will also accept scores of CAT 2021, NMAT 2021, XAT 2022 apart from GRE and GMAT exam scores.

IFMR Graduate School of Business at KREA University MBA admission 2022 Open: Apply Now

IFMR ​GSB offers a multi-dimensional approach to learning with strong placements and has a consistent record of 100% placements. Sharing the programme USPs, Dr Shobha Das, Dean of IFMR Graduate School of Business said, “We offer an up-to-date curriculum, merging core business functions with innovative interdisciplinary courses in communication,design thinking and ethics. Our students have a choice of immersive industry projects and independent study opportunities with faculty of their choice. Using the Capsim business simulation software, they run their own virtual companies, competing with their peers in a fast-paced environment.”

IFMR Chennai - the Institute for Financial Management & Research has rebranded itself with IFMR Graduate School of Business (IFMR-GSB) at KREA University. IFMR GSB now offers Masters in Business Administration (MBA) degree under the auspices of the KREA University, instead of Post Graduate Diploma in Management (PGDM). In addition to the 2 years full time MBA, IFMR also offers an executive MBA program and a full-time PhD program, besides custom and open executive education programs in different fields of management are also offered.

IFMR GSB offers two application rounds. The round 2 application process is open for next few days. Read this article to know the IFMR key USPs, Fee, Placement, selection process and more.

Table of Contents
In this article we shall cover

  1. IFMR GSB Key Highlights and USPs
  2. Programme Offered, Fee & Intake
  3. IFMR GSB Placement 2021
  4. IFMR Admission Process 2022: Key Points & Step by Step Process
  5. How to Apply for IFMR MBA Admission 2022: Important details
  6. IFMR MBA Admission Eligibility
  7. Important dates for admission 2022

So, let us start with why you should consider and apply for IFMR Graduate School of Business, Sri City admission alongwith other top B-schools.

  • 1. IFMR Graduate School of Business at Krea University: Key Highlights and USPs
  • 1.1 High Ranking: IFMR GSB at Krea University, Sri City is ranked # 50 among top 100 management institutes in India in Govt of India, MHRD NIRF Ranking 2021 and was placed #35 in MBAUniverse.com Ranking 2021 for top B-Schools in India.
  • 1.2 Accreditation & Approvals: Institute for Financial Management & Research (IFMR), Sri city, India has earned International Accreditation from SAQS (South Asian Quality Assurance System), a globally benchmarked system for Mentoring, Quality Improvement, Quality Assurance and Accreditation. SAQS accreditation is awarded by The Association of Management Development Institutions in South Asia (AMDISA). The MBA at IFMR is UGC recognized 2 years full time programme.
  • 1.3 Strong Placements: IFMR GSB has recorded average salary of Rs.10 LPA and Highest salary of Rs.17.40 LPA in Placement 2021.
  • 1.4: Top Recruiters: Some of the top recruiters at IFMR Placements 2021 include World Bank, Accenture, Credit Suisse, Deloitte, JPMC, Barclays, SocieteGenerale, KPMG, Wells Fargo, Citi Corp, HDFC Bank, Ford Mobility, Tech Mahindra, Cognizant, HCL, Infosys and more
  • 1.5 Industry Relevant Curriculum & Pedagogic Approach: With support from its strong industry network, IFMR updates its curriculum as per industry demand. IFMR pedagogy is based on experiential learning with case studies, industry visits, summer internships. The business school hosted over 50 interactive sessions with leading practitioners from various domains. Students are provided a vibrant intellectual foundation of theory, knowledge, skills and perspectives that is further enriched by unique interwoven approach. The primary objective of the IFMR MBA program is to facilitate students to become successful managers.
  • 1.6 Highly Qualified & Experienced Faculty: IFMR has diverse faculty pool. The faculty is trained at reputed universities in India (IIMs, IITs, and others) and abroad (US, UK and Europe). 75% of the faculty hold PhD degrees, and many others have rich industry experience and offer experiential learning to the students. The student to faculty ratio of the MBA Programme is 12:1
  • 1.7 Student Committee: The committee is a perfect blend of freshers and students with industry experience. Students have various educational background and cultural diversity
  • 1.8 Summer Internship Mandatory: During the Summer break between the first and second year, students undergo a Summer Internship in a private or public organization for 8-10 weeks  

2. Programme Offered, Fee & Seats
IFMR GSB offers UGC recognized 2 years MBA programme with bouquet of specializations. The programme fees payable by students for MBA programme at IFMR and intake is as under.

Programme
Programme Fee 2022-24
Seats
Master of Business Administration (MBA)
Rs.14,56,000
180
  • The fee is payable in four installments
  • The fee covers tuition, books & materials, library membership, examination fee, and IT charges.  
  • Refundable Caution deposit of Rs.35,000 and Living expenses are extra
  • The fee does not cover a Laptop and applicants are required to bring their own Laptop at their own cost.

2.1 IFMR GSB MBA Programme: Specializations

  • Full-time MBA program at IFMR GSB provides quality management education with a strong foundation in Finance.
  • IFMR GSB offers 22 core and approximately 55 elective courses during the two-year program, spanning 8 disciplines.
  • The MBA specializations offered at IFMR GSB, include Business Analytics, Economics, Finance, Information Systems, Marketing, OB & HR, Operations, Quantitative Finance and Strategic Management. These are offered jointly with the support of the industry professionals in curriculum design and delivery.
  • The Finance, IT and Operations streams prepare students to work as Analysts, Consultants, and Managers for IT, Banking and Financial Services.
  • Human Resources and Marketing students find attractive opportunities in the corporate and banking sectors.
  • The Quantitative Finance specialization prepares students for a career in investment banking, securities trading, quantitative modeling, risk management, financial consulting, and applied research.

3. IFMR GSB Placements 2021
Recording high placements year after year, IFMR GSB completed Placements 2021 for its MBA 2019-21 batch comprising 175 students. While 80 percent MBA 2019-21 batch was placed as early as in the first week of March 2021 with 10% increase in average salaries in different sectors and more students getting placement in Finance and Consulting sector, the placement for the remaining batch concluded shortly after. Below are the key highlights of Placement 2021 at IFMR GSB:

3.1 Placement 2021: Key Highlights

  • Average Salary was Rs.10 LPA in Placement 2021
  • Highest Salary was Rs.17.40 LPA
  • More than 40 Companies participated in Placement 2021
  • Out of 175 students in the batch, 171 accepted placement offers
  • Top 4 US banks - JP Morgan Chase, Bank of America, Wells Fargo and Citi, collectively hired over 40 students, which account for more than 20 percent of the students placed  
  • Average Salary for the top 10% clocked at INR 14.06 LPA
  • Average Salary for the top 25% stood at INR 13.40 LPA   
  • BFSI hired 53% students followed by IT with 29% students. 16% were hired by Consulting sector and 2% by rest others.
  • Roles offered to students include in the areas of financial strategy, business management, risk management, data analytics, compliance and governance, financial control among others
  • Top recruiters in IFMR Placement 2021 included JP Morgan Chase, Wells Fargo, SociétéGénérale, Citi, Deloitte, IDFC First Bank, Accenture, Cognizant, Wipro and HCL Technologies, Barclays, Bank of America, Credit Suisse, HDFC Bank, EY, KPMG, Crisil among others 

IFMR Graduate School of Business at KREA University MBA admission 2022 Open: Apply Now

4. IFMR Admission Process 2022: Key Points & Step by Step Process
IFMR GSB admits students with a proven calibre to perform. Admission to the MBA 2022 is through a rigorous selection process. The 5 stages of admission process of the two year full time MBA Programme at IFMR GSB are as follows:

  • Step-1: Submit Application to IFMR GSB
  • Step-2: Take CAT-2021/XAT-2022/NMAT 2021/CMAT 2022 or GMAT/GRE (Taken after Jan 1, 2019)
  • Step-3: Check Short-list on the basis of Accepted Exam Score
  • Step-4: Participate in Final Selection WAT & PI Round
  • Step-5: Check Final Merit List. Final selection is based on Exam Score, Performance in selection process, academic performance & work experience

Let us understand in detail each step of admission process

4.1 Step-1: Apply for IFMR Admission 2022

  • The candidate should apply Online and complete the IFMR Application Form
  • More than one Exam IDs can be submitted
  • The applicant is required to fill the IDs of the test scores he/she wishes to submit
  • Submit the application form in time i.e. before the last date with requisite application fee.

4.2 Step-2: Appear in Acceptable MBA Entrance Exam
You need to apply and appear in at least one of the following MBA entrance exams for MBA admission 2022 at IFMR Graduate School of Business at Krea University

  • CAT 2021 on November 28, 2021
  • NMAT 2021 (On any date from October 14 to December 27, 2021)
  • XAT 2022 on January 2, 2022
  • CMAT 2022
  • GMAT/GRE (The Score should be of a test taken between 1st January 2019)

4.3 Step-3: Check Short-list on the basis of Exam Score
IFMR will shortlist the candidates for Personal Interview (PI) & Writing Ability Test (WAT)  from among the eligible candidates who have a valid entrance exam score and have applied to the MBA programme of IFMR Graduate School of Business. IFMR shortlists the candidates on the basis of following parameters:

  • The admissions committee shortlists applicants for the selection process, taking into consideration, the applicant’s past academic performance, entrance test scores, and a passion for excellence demonstrated even in non-academic endeavor such as sports (represented country, state or district/ University/ College/ School), Debate, Drama, Moot Court, NCC (but not NSS) volunteering, activism etc.(of a corresponding level). Those with track record in these areas get a relaxation with regard to cut off scores, provided they are otherwise eligible, and capable
  • However, there is no exemption from the requirement of a valid score in, at least one of CAT/XAT/CMAT/NMAT/GRE/GMAT regardless of any achievements.

4.3.1 IFMR Cut Off in Shortlisting  
The following parameters are considered while screening the application to shortlist candidates for WAT and PI:

Academic Cut offs

Parameters
Cut off & Eligibility Requirement
Class X Marks
60%
Class XII Marks
60%
Bachelor’s Degree Marks
60%
Work Experience
Not Mandatory, but can be between 0-36 months

Source: IFMR GSB

MBA Entrance Exam Cut Offs

MBA Entrance Exam
Expected Cut off Percentile/score
CAT 2021
75
XAT 2022
75
NMAT 2021 Score
220 (Score in NMAT exam)
CMAT 2022 Score
220 (Marks obtained)
GMAT (Taken after Jan 1, 2019)
85
GRE (Taken after Jan 1, 2019)
85

Source: IFMR GSB

4.4 Step-4: Participate in Final Selection Round

  • The P I-WAT process will be conducted in the month of March 2022 for Round-1 and in April 2022 for Round-2
  • You need to check the IFMR website, your registered mail, messages in your mobile to ascertain your call and to know the date, time and venue of your final selection round.

4.5 Step-5: Check Final Merit List

  • After the PI round, admission offers are made by IFMR GSB 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
  • Final Admission Offer will be made to the candidates in April 2022 on the basis of Final Score arrived after awarding the weightage scores on all the components.

IFMR Graduate School of Business at KREA University MBA admission 2022 Open: Apply Now

5. How to Apply for Admission?

  • Application for Admission to MBA 2022 at IFMR GSB Chennai should be submitted online.
  • The application fee at IFMR GSB is Rs.1500/- and is non-refundable
  • Application fee should be paid through Debit Card / Credit Card / Internet Banking
  • The Application form is available at IFMR GSB website and is an applicant friendly form

5.1 Two Application Rounds
IFMR GSB offers two opportunities to the candidates for admission to MBA programme by conducting two admission rounds – Round-1 and Round-2. Work Experience is not Mandatory. A candidate with 0-36 months of work experience after graduation can apply in either round. Before you submit your application in either round, check for their respective time lines.

  • Round-1: Last Date to Apply- February 28, 2022 (Closed)
  • Round-2: Last Date to Apply-May 2, 2022

5.2 Four Stages to Fill up IFMR GSB Application Form

IFMR GSB admission 2022 application form can be completed in four parts as below:

  • You need to create login, fill application form, pay the application fee and upload the documents as required before application submission
  • Apart from filling in the application form, the applicant is required to upload mark sheets, certificates and other supporting documents in the application portal while applying for admission

6. IFMR GSB Admission Eligibility

  • Applicants should have been born on/after 1st January 1995 and on/before 31st December 2002.
  • IFMR GSB eligibility criteria require that the candidate must hold a bachelor's degree of minimum 3 years duration, with a consistent good academic record with 60% marks or equivalent CGPA in class 10, 12 and graduation
  • The candidate should be registered for CAT 2021/XAT 2022/CMAT 2022/NMAT 2021 or GMAT/GRE (GMAT & GRE (taken on / after 1st January 2019).
  • 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 GSB Admission 2022.
  • It is mandatory for a final year student, who is provisionally considered eligible by IFMR GSB 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 GSB.
  • Graduates of full time degree course and candidates in the final year of the undergraduate degree can apply. Candidates from ODL (Open and Distance Learning) institutions are also eligible to apply as per the UGC policy and notification
  • Work experience is NOT mandatory, but those with work experience should have less than or equal to 3 years of experience as on 1st December 2021.

7. IFMR GSB MBA Admission 2022: Important Dates

IFMR Admission 2022 Activity
Round-1 Dates
Round-2 Dates
Application Process Starts
October 22, 2021
October 22, 2021
Application Deadline
February 28, 2022
May 2, 2022
Release of Shortlist (for Selection Process)
March 4, 2022
After Application process is closed
PI-WAT Process
March 11-13, 2021
May first week
Registration, Orientation & Preparatory Courses
July 1, 2022
July 1, 2022
Program Starts
July 1, 2022

The KREA University, promoted by IFMR Society, aims to provide liberal arts education to the students so that they would learn to create positive and catalytic impact in a dynamic and diverse world. MBA at IFMR GSB prepares the students to be ethically grounded, be highly skilled in integrated reasoning and be effective leaders of enterprises. Backed by the 50-year history of the Institute for Financial Management & Research (IFMR) and the agility of the new Krea University, IFMR GSB has evolved from a research-based institution to a full-fledged business school. IFMR GSB has a balanced mix of candidates with industry experience and freshers.

IFMR GSB’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. 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.

Hope you found this article useful while looking for the most suitable B-school for MBA admission 2022 with all the details on IFMR USPs, Fee, Cut offs, Placements, selection process and others. Application process is open and you can apply now IFMR Graduate School of Business at KREA University MBA admission 2022 Open: Apply Now

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

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