IFMR Graduate School of Business (GSB), Sri City Courses and Fees
Courses
IFMR MBA Course & Fee Structure
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.
Fee Structure and Payment Schedule for MBA Batch 2025-27
The tuition fee for the 2025-27 MBA program is INR 15,00,000 (Rupees fifteen lakhs only). 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 2025-27 Fee Details
| S.No | Fee Description | Amount in INR | Tentative Timelines for Payment |
|---|---|---|---|
| 1 | Tuition Fee: 1st Instalment: inclusive of Admission Acceptance Fee |
To be paid when accepting the offer | |
| a. Admission Acceptance Fee | 40,000 | ||
| b. Balance First Instalment Fee | |||
| Part-1 of first Instalment Fee | 1,40,000 | ||
| Part-2 of first Instalment Fee | 1,40,000 | ||
| Part-3 of first Instalment Fee | 1,40,000 | ||
| 2 | Refundable Caution Deposit | 35,000 | 20-Jun-25 |
| 3 | Year-1 Living Fee (Boarding & Lodging Charges including laundry charges upto INR 500/- per month) |
2,15,000 | 20-Jun-25 |
| Miscellaneous Fees (for usage of Sports and Gym facility) |
5,000 | ||
| 4 | Tuition Fee: 2nd Instalment | 5,00,000 | 28-Nov-25 |
| 5 | Tuition Fee: 3rd Instalment | 5,40,000 | 30-Jun-26 |
| 6 | Year-2 Living Fee * (Boarding & Lodging Charges including laundry charges upto INR 500/- per month) *This is an indicative amount. Subject to revision based on the inflation and other costs. |
2,25,000 | 30-Jun-26 |
| 7 | Alumni Fee | 5,000 | 30-Jun-26 |
Note:
- The instalments fee mentioned above is inclusive of tuition fee, provision of course materials and library services.
- Medical insurance charges are part of the living fee.
- The fee does not include any laptop charges. Student is required to bring his/her/their own laptop.
- The MBA Programme is residential and hence staying in hostel is mandatory. The hostel is located inside the University campus in Sri City.
- Fee payment should be made through the online mode only.
IFMR GSB 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
IFMR GSB Integrated MBA
FMR GSB offers a five-year integrated program in Management that combines IFMR’s five decades of expertise in business education with Krea University’s distinctive approach to liberal education. Students receive a BBA degree upon completing three years and an Integrated MBA degree upon finishing five years.
This program is strategically designed to instill attitudes, values, and qualities while developing skills and building a knowledge foundation for aspiring entrepreneurs and business leaders.
Students have the option to exit the program at different stages and earn the following degrees:
- Exit after three years with a BBA degree
- Exit after four years with a BBA Honours degree
- Upon completing five years, receive an Integrated MBA degree
Additionally, students can opt for a one-year sabbatical between the BBA and MBA to gain experience in the industry, work in a family business, or pursue entrepreneurial ventures.
IFMR GSB Integrated MBA Fees
- Tuition Fees: For the first three years, the tuition fee is ₹5,00,000 per year. After that, the MBA program tuition fee applies, which is ₹7,50,000 per year, subject to revision.
- Living Expenses: Currently, living expenses amount to ₹2,15,000 per year, which may be revised based on inflation and any changes in the scope of services.
Fee Structure & Schedule
| Component of Academic Fees | Indian Rupees | Payment Due Date |
| Admission Acceptance Fee | 25,000 | One week from the Admissions offer date* |
| Part 1 of first Instalment fees | 75,000 | Two weeks from the Admissions offer date* |
| Part 2 of first Instalment fees | 1,20,000 | Three weeks from the Admission offer date* |
| First Year Living fee** | 2,15,000 | 01-Jul-25 |
| Caution Deposit^^ | 50,000 | |
| Miscellaneous Fees (for usage of Sports and Gym facility) | 5,000 | |
| BBA programme commencement | 04-Jul-25 | |
| Second Instalment fees | 1,60,000 | 01-Sep-25 |
| Third Instalment Fees | 1,60,000 | 01-Dec-25 |
| Fourth Instalment Fees | 1,60,000 | 01-Jun-26 |
| Fifth Instalment Fees | 1,60,000 | 01-Sep-26 |
| Sixth Instalment Fees | 1,60,000 | 01-Dec-26 |
| Seventh Instalment Fees | 1,60,000 | 01-Jun-27 |
| Eighth Instalment Fees | 1,60,000 | 01-Sep-27 |
| Ninth Instalment Fees | 1,60,000 | 01-Dec-27 |
| Alumni Fee | 5,000 |
Note:
* For candidates selected in the final round of interview, the fees are payable by 30 June 2025
^^ The caution deposit of INR 50,000/– will be refunded at graduation from IFMR GSB, Krea University, or withdrawal of admission subject to recoveries, if any, pending from the student
*Please note that living expenses include monthly launderette costs of up to Rs 500 [if you incur beyond that, you need to pay extra]
Living fee for AY 2026-27 is INR 2,25,000/- tentatively (subject to revision)
Living expenses for each academic year are payable on the following dates
AY 2026 – 27 on/before 30 Jun 2026
AY 2027 – 28 on/before 30 Jun 2027
AY 2028 – 29 on/before 15 Jun 2028
AY 2029 – 30 on/before 15 Jun 2029
IFMR GSB 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.