IFMR Graduate School of Business (GSB), Sri City Overview

IFMR Chennai Ranking

IFMR MBA Course

The IFMR Chennai, also known as IFMR Graduate School of Business (IFMR GSB), offers various courses with different fee structures. One prominent program is the IFMR MBA. IFMR Graduate School of Business, often referred to as IFMR GSB, provides comprehensive details about its courses and fee structures on its official website.

Eligibility Criteria for MBA 2025-27

*Note: Scores include all subjects.

Competitive Exam Exemption for Eligible Applicants:

IFMR GSB offers an exemption from competitive exam scores for applicants who have secured top ranks in leading educational institutions. Applicants ranked within the top 20 at universities or institutes recognized by the NIRF (National Institutional Ranking Framework) in the overall or university rankings are exempt from submitting exam scores. Supporting documents confirming the university ranking must be provided.

Additional Details:

1. Graduates or final-year students of full-time undergraduate degree programs can apply.
2. Students from Open and Distance Learning (ODL) institutions are eligible, per UGC guidelines.
3. Applicants must submit valid scores from one or more of the accepted competitive exams. The highest score among the submitted exams will be considered if it meets the cutoff.
4. Work experience is not required. Fresh graduates and those with up to 36 months of full-time work experience are eligible.

Fee Structure and Payment Schedule for MBA Batch 2024-26

The tuition fee for the 2024-26 MBA program is INR 14,56,000 (Rupees fourteen lakhs and fifty-six thousand). This amount excludes living expenses and alumni fees, which are listed separately below. Notably, there has been no increase in the tuition fee for this batch, as it remains the same as the previous year. The breakdown of other fees and the payment schedule is provided below:

MBA 2024-26 Fee Details

*This is an indicative amount and may be revised in January or February 2025 based on inflation and other factors.

Important Notes:

• The instalments cover tuition fees, course materials, and library access.
• Living fees include medical insurance charges.
• Students are required to bring their own laptops, as laptop costs are not included.
• The MBA program is residential, and staying in the on-campus hostel at Sri City is mandatory.
• All payments must be made online.

Disclaimer: The provided fee structure applies to the 2024-2026 cohort. The updated fee details for the upcoming batch will be shared soon.

Executive MBA

Requirement: Full-time graduate degree in any discipline from a recognised institute or university. Alternatively, candidates should have relevant work experience of at least 2 years.

Duration: 3 years

Admission Criteria: Written tests conducted by IFMR GSB faculty, followed by a Personal Interview at L&T Construction’s offices.

Intake: 45

Integrated MBA (BBA + MBA)

Requirement: Completion of Class 12th or equivalent with 60% marks. Candidates in the final year of their 12th examinations are also eligible to apply.

Duration: 5 years

Admission Criteria: IPMAT, SAT, or KREA Aptitude Test, along with a Personal Interview.

Intake: 60

MDP (Management Development Program)

Requirement: Minimum graduation from any recognised university or institution.

Duration: 6 months to 1 year

Admission Criteria: Written Ability Test by IFMR GSB, followed by a Personal Interview.

PhD

Requirement: Minimum 60% marks in undergraduate or master's degree, or equivalent PG diploma in any discipline. Full-time graduates or candidates in the final year of their post-graduate studies are eligible to apply.

Duration: Minimum 3 years

Admission Criteria: CAT, CMAT, GATE, GMAT, GRE, NET JRF, NMAT, XAT, along with a Personal Interview.

Data Science

Requirement: A bachelor's degree from a reputable institution, along with work experience in the public or private sector.

Duration: 10 months

Admission Criteria: Evaluation based on application, followed by a Personal Interview.

IFMR Chennai Cutoff 2023

IFMR Chennai Placements 2024

IFMR Chennai Scholarship

Merit-cum-Means Scholarships:

The school offers scholarships to students requiring financial aid, aiming to ensure that no deserving student misses out on education due to financial constraints. This scholarship program is specifically designed for students with significant financial needs.

Eligibility Criteria:

a) A minimum CGPA of 3.33 (equivalent to a 'B+' grade average) by the end of Term 3. b) A family annual income of less than INR 10 lakhs for the relevant financial year.

At the end of Term 3, the Office of Academic Administration notifies eligible students to apply for the Merit-cum-Means scholarship, based on their CGPA.

Scholarships are awarded only to students who demonstrate a genuine need. The Scholarship Committee makes this determination using the student's submitted information and may require a personal interview. Based on the committee's recommendations, the top 10 students who meet the eligibility criteria will be considered for the scholarship, with a maximum award of up to INR 2 lakhs per student.

T. Thomas Scholarship For Business Leaders

IFMR GSB has been chosen by Hindustan Unilever Limited (HUL) to present the T. Thomas Scholarship for Business Leaders to a second-year MBA student. The recipient is selected based on their academic performance at the end of Term 3, with the scholarship amount set at INR 1 lakh.

In accordance with the criteria, the Registrar’s Office provides HUL with a list of top-performing students for the final selection of the award winner.

Merit Scholarships

Merit scholarships are awarded based on the CGPA at the end of the second year as follows:

• First rank: INR 2 lakhs
• Next three ranks: INR 1 lakh each to the following three students

CFA – CMA – IFMR GSB University Affiliation Program Partnership

In November 2019, the CFA Institute recognized IFMR GSB’s Master of Business Administration (MBA) program at Krea University under the CFA University Affiliation Program (UAP). This affiliation indicates to prospective students, employers, and stakeholders that the MBA curriculum at IFMR GSB covers a substantial part of the CFA Program Candidate Body of Knowledge, with a strong focus on ethics as outlined in the CFA Institute Code of Ethics and Standards of Professional Conduct. This alignment highlights the MBA program's close connection with global professional standards.

Through the CFA UAP, IFMR GSB is authorized each fiscal year to nominate eligible students for a limited number of scholarships offered by the CFA Institute, allowing them to pursue the prestigious CFA Program while completing their MBA.

About CFA Institute

CFA Institute is a global association of investment professionals dedicated to upholding the highest standards of ethics, education, and professional excellence for the benefit of society. For more information about the CFA Institute and the CFA Program, visit CFA Institute.