IFMR GSB MBA Admission 2020: Check Fee, Placements, Eligibility, Admission Process; Last Date – March 10, 2020

MBAUniverse.com News Desk |
February 12, 2020
IFMR Chennai is now IFMR Graduate School of Business (IFMR GSB) at KREA University. IFMR GSB offers two-year MBA degree under the auspices of the KREA University. IFMR Application for admission through General Round is open upto March 10. Read this article to check your eligibility, IFMR USPs, Fee, Placements, cut offs and final selection process
IFMR MBA Admission 2020

IFMR Chennai MBA admission process for the 2020-22 batch is open till March 10, 2020. The IFMR GSB application process is now much easier for the MBA admission 2020. IFMR GSB  accepts applications in two rounds – Working Professionals Round (WPR) and General Round (GR). While the application process for Working Professional Round (WPR) is closed now, the application process for General Round (GR) is open till March 10, 2020. The application fee is Rs.1500/- to be paid online for MBA admission 2020.. Application Form for MBA Batch 2020-22, IFMR GSB, Krea University

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 with effect from the batch of 2017-19, instead of Post Graduate Diploma in Management (PGDM).

The KREA University, promoted by IFMR Society, 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 MBA Fee 2020-22
The IFMR MBA program fee for 2020-22 batch is as under:

Programme
Programme Fee
MBA
Rs.16,77,500
  • The fee covers tuition, books & materials, library membership, examination fee, and IT charges.  
  • The fee covers Living expenses
  • The fee does not cover a Laptop and applicants are required to bring their own Laptop at their own cost.

IFMR GSB Placements 2019
IFMR GSB achieved 100% placement for a large batch size of 239 students. 59 recruiters participated in placement making offers to the students.

Placements at IFMR Chennai are rising year after year. IFMR GSB Placements 2019 recorded highest salary of Rs.18.80 lakhs and Average Salary of Rs.8.70 lakhs.

Top recruiters at IFMR GSB include Accenture, Aviva Life Insurance, BA Continuum (BoFA), Barclays, Capgemini, Wipro, Cognizant, CRISIL, Orient Cements, Deloitte, Genpact, HCL Technologies, HSBC, ICICI Bank, IFMR Capital, Infosys, J P Morgan Chase, Shell, TCS, Vodafone among others

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 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.

IFMR Application Last Date: March 10
IFMR GSB last date to apply for MBA admission is March 10, 2020. IFMR GSB conducts 2 admission rounds – Working Professional Round (WPR) and General Round (GR). IFMR last date to apply for WPR round is closed now. However, the last date to apply for each admission round is as under:

IFMR GSB Admission Round 2020
IFMR Last date to Apply
Working Professional Round (WPR)
February 11, 2020 (Closed)
General Round (GR)
March 10, 2020

IFMR Admission 2020 Cut Offs
The following cut offs are considered by IFMR while screening the application to shortlist candidates for WAT and PI:

Parameters
Cut off & Eligibility Requirement
Class X Marks
60%
Class XII Marks
60%
Bachelor’s Degree Marks
60%
Work Experience
WPR: 12-36 months
GR: 0-36 months
Entrance Exam Cut offs
 
CAT
75
XAT
75
CMAT
85
GMAT
85
GRE
85

Source: IFMR Graduate Business School

IFMR GSB Admission Criteria 2020 consist of details on eligibility, admission process, MBA programme fee and clarify on Do’s & Don’t’s on admission process.

IFMR GSB Admission Eligibility

  1. Applicants should have been born on/after 1st January 1993 and on/before 31st December 2000.
  2. 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 1st class marks or equivalent CGPA
  3. The candidate should be registered for CAT 2019/XAT 2020/CMAT 2020 or GMAT/GRE (GMAT & GRE (taken on / after 1st January 2017).
  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 GSB 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 GSB Admission 2020.
  6. 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.
  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 on 1st December 2019.

Easier Application Process
The IFMR GSB application process is now much easier for the MBA admission 2020. IFMR GSB accepts applications in two rounds – Working Professionals Round (WPR) and General Round (GR).

How to Apply for Admission?
Application for Admission to MBA 2020 at IFMR GSB Chennai should be submitted online. The application fee at IFMR GSB is Rs.1500/- and should be paid through Debit Card / Credit Card / Internet Banking. The Application form is available at IFMR GSB website. It has an applicant friendly form. The payment of application fee is to be made online only after completion of the application form.

7 Stages to Fill Up IFMR GSB Application Form
IFMR GSB admission 2020 application form has seven sections. Apart from filling in the seven pages of application form, the applicant is required to upload mark sheets, certificates and other supporting documents in the application portal while applying for admission. The application fee (non-refundable) of INR 1,500/- is to be paid before final submission of application form.

Application Form for MBA Batch 2020-22, IFMR GSB, Krea University

IFMR Admission

Two Application Rounds: Know the Difference
IFMR GSB offers two opportunities to the candidates for admission to MBA programme by conducting two admission rounds – Working Professional Round (WPR) and General Round (GR). Before you submit your application in either round, note the difference between the two rounds and their respective time lines.

Working Professional Round (WPR): Last Date to Apply- Feb 11, 2020 (Closed)

  • The Working Professional Round (WPR) is open to applicants who have work experience of 12 to 36 months
  • Last Date to Apply for WPR was February 11 2020
  • Shortlist of candidates for WPR will be released in 2nd/3rd week of February, 2020
  • The selection process will start in 4th week of February 2020
  • Final selection result will be declared in the 3rd week of March 2020
  • The selection process for this round scheduled in February 2020, will be held at the seven Indian cities – Bangalore, Chennai, Delhi, Hyderabad, Kolkata, Mumbai, and Pune; subject to a viable number of shortlisted applicants in each of these centers.

General Round: Last Date to Apply March 10, 2020

  • The Application for General Round is open to all applicants – employed or fresher.
  • The deadline to apply for the General Round is March 10, 2020.
  • The selection process for this round is scheduled in March 2020.
  • Result will be declared in the 3rd week of April, 2020
  • The selection process for this round scheduled in March 2020 will be held in Bangalore, Kochi, Chennai, Hyderabad, Ahmedabad, Mumbai, Pune, Jaipur, Delhi, Lucknow, Kolkata, Nagpur, Patna and Visakhapatnam

IFMR GSB Admission Criteria
IFMR GSB Admission Criteria include 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:

  1. IFMR GSB Shortlisting Criteria
    The first part of IFMR GSB Admission criteria is the shortlisting criteria before final selection round. IFMR GSB shortlists the candidates on the basis of following parameters:
  • While CAT/XAT/CMAT percentiles or GRE/GMAT scores is an important component of the admission process, these are not the sole criteria for admission.
  • 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/ GRE/GMAT regardless of any achievements.
  1. Final Admission Selection Round Criteria
  • Post short-listing on the basis of all the parameters, applicants are called for the final selection round (PI-WAT Round)
  • All the shortlisted candidates are eligible to go through the final selection round by IFMR GSB  
  • The Final Selection process will be held in February for WPR Round and in March 2020 for General Round
  • Final selection is based on exam score, PI, WAT score, academics, Work Experience, achievements among others.
  • Final admission offer based on above parameters is given to the candidates in March 3rd week for WPR Round and in April 2020 for General Round.
  • Applicants can submit more than one entrance test score. IFMR GSB considers the best test score for shortlisting. The cut off and weights are not the same for all the entrance exams – so your performance in all the entrance exams you have taken is evaluated against the respective cut off and only your best performance is considered.

IFMR GSB Admission Process 2020
The selection process consists of Written Ability Test (WAT) followed by personal interview (PI). IFMR GSB has two rounds of admission for the MBA batch. IFMR GSB admits students with a proven calibre to perform. Admission process to the MBA 2020 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 GSB Admission process:

  • Step 1: Apply and appear in at least one of the entrance exams – CAT 2019; XAT 2020; CMAT 2020; GMAT or GRE (Taken on or after Jan 1, 2017)
  • Step 2: The candidate should apply to IFMR GSB 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 GSB. The P I-WAT process will be conducted in the months of February/March 2020.
  • Step 4: 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
  • Step 5: Final Admission Offer will be made to the candidates in the April 2020 on the basis of Final Score arrived after awarding the weightage scores on all the components.

The MBA programme at IFMR GSB is under the auspices of KREA University and learning experience at IFMR GSB is good. The faculty at IFMR GSB 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 GSB 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 GSB 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.

The new state-of-the-art campus of IFMR GSB 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

Application Form for MBA Batch 2020-22, IFMR GSB, Krea University

IFMR GSB MBA Admission: Important Dates 2020

Admission Process 2020 Activity
Working Professional Round (WPR)
General Round
Application Deadline
February 11, 2020 (Closed)
March 3, 2020
Release of Shortlist (for Selection Process)
2nd/3rd week of Feb 2020
2nd/3rd week of March 2020
PI-WAT Process Starts
4th week of Feb 2020
4th week of March 2020
Announcement of Results
3rd week of March 2020
3rd week of April 2020
Program Starts
June 2020

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