Can I apply if I have a gap year for an MBA at IFMR Chennai?

Yes, applicants are eligible to apply with a gap year only if they can justify their reason for the break. Also, they must quote their activities during the gap year(s) in the application itself.

When will the applications be available for 2024admissions at IFMR Chennai?

The application portal has started acceptingapplications from applicants.The applicants are required to make a non-refundable fee payment of INR 1,500 per application.

Is everyone eligible to apply for a scholarship at IFMR Chennai?

There are two types of scholarships offered: Merit-based and Need-based. There are different criteria for selection and applicants must fulfill all requirements in order to avail one.

Are placements offered at IFMR Chennai?

During IFM Chennai Placements 2023 the highest salary package stood at INR 22.90LPA. Reputed recruiters like Deloitte, PwC, EY, Wells Fargo, Cognizant etc visited the campus.

Can students apply for internships other than what is offered on IFMR Chennai?

No, applicants must apply for internships through the on-campus recruitment process only. These are partnering companies that offer 100% internships as per the recent data 2023 batch.

What is the student-to-faculty ratio at IFMR Chennai?

The student-to-faculty ratio at IFMR GSB is 12:1.

How does IFMR Chennai provide loan assistance to students?

The institute provides loan assistance to the students with the help of WeMakeScholars, supported by the Govt of India. They are associated with 10+ public/banks and NBFCs in India and provide assistance to find the best education loan matching your profile. This application process is a free-of-charge initiative under the Digital Indian campaign which has benefited more than 10,000 students.Loan amount- from INR2 lacs up to INR2 Crores funding 100% of the total expenses (course fee and living expenses)Rate of interest from 6.75%Repayment tenure- up to 15 yearsMoratorium Period course Period + six monthsNo prepayment closure charges100% tax benefit for interest paid under Sec (80E)

How large is the IFMR Chennai campus?

IFMR GSB is spread over40 acres in Sri City, 70 km from Chennai.IFMR GSB Sri City campus is an academic Centre of Excellence in the midst of global organizations setting up world-class manufacturing plants in Sri City to cater to the Indian and export markets. These include Alstom, Kobelco, Danielli, Colgate, Cadburys, Pepsico, Kelloggs, Isuzu Motors, and a large number of Japanese, American, and European corporations.

What facilities does IFMR Chennai provide within the campus?

The 3,00,000 sq. ft world-class campus in 40 acres of land has air-conditioned classrooms, a wi-fi campus, ATM, along a health center. The other facilities include air-conditioned hostel rooms, laundromat, convenience store, fitness studio, student lounge, student hub with indoor games, snack vending machine, unisex salon, basketball court, cricket nets. Coffee shop, 4 bedded Medical center operated by Kauvery Hospitals with a Doctor and nurse available 247, Pharmacy, First Aid Boxes on all floors and campus BLS Ambulance, 12,000 sq ft futsal with night playing facilities and 1,10,000 sq ft open-air Amphitheatre.

How to reach IFMR Chennai?

To reach the Sri City campus:By DrivingFrom Chennai International Airport:The Institute is at a driving distance of 85 km about 1 hour 45 mins from Chennai International Airport.From Tirupathi International Airport:The Institute is at a driving distance of 75 km about 1 hour 30 mins from Tirupathi International Airport.From Chennai Central Railway Station:The Institute is at a driving distance of 70 km about 1 hour 30 mins from Chennai Central Railway Station.From Sullurpeta Railway Station:The Institute is at a driving distance of 22 km about 20 mins from Sullurpeta Railway Station.From Tada Railway Station:The Institute is at a driving distance of 9 km about 10 mins from Tada Railway Station.By BusFrom Madhavaram Mofussil Bus Terminus (MMBT -Chennai Mofussil Bus Terminus): The Institute is at a distance of 56 km. We have plenty of buses to Tada from Madhavaram Bus Station. Buses going to Kalahasthi, Naidupet, Nellore have a stopover at Tada.By TrainTada: From Chennai Central the closest Railway Station to Sri City is Tada. There are local trains running from Chennai Central to Tada Railway Station. Travel time by Chennai Local Train to Tada is 2 hours.

What sort of salary packages were offered to the students in the placement drive of 2021 at IFMR GSB?

In the placement drive of 2021 at IFMR GSB, the average CTC rose to INR 10 LPA whereas the top 25% and 10% students received the average CTC of INR 13.4 LPA and INR 14.6 LPA respectively.

In which sector does the maximum number of students were placed at IFMR GSB placements of 2021?

In the placement drive of 2021, the maximum number of students were placed in the BFSI (53%) sector followed by the IT Sector (29%).

What sort of salary packages are offered at IFMR GSB placements 2020?

In the placement drive of 2020, the highest CTC stood at INR 13.6 LPA and the average CTC stood at INR 9.37 LPA and the median CTC stood at INR 9.5 LPA whereas the the top 50%, 25% and 10% average CTC stood at INR 10.8 LPA, 11.8 LPA and 12.8 LPA respectively.

Which are the top recruiting companies at IFMR GSB?

Some of the top recruiting companies at IFMR GSB are Deloitte, JP Morgan Chase, Standard Chartered Bank and many more.

What is the stipend offered at the 2021 summer internship placement drive of 2021 at IFMR GSB?

In the summer internship placement drive, the highest stipend stood at INR 1 Lakh whereas the average and median Stipend stood at INR 38.4K and INR 30K respectively.

In which sector does the maximum number of students are placed every year at IFMR GSB?

From the past 3 years, IFMR GSB 50-75% placements are made in Finance, Consulting and Technology sectors and this year also 87% placements are made in these sectors only.

IFMR GSB MBA : Fees 2025, Course Duration, Dates, Eligibility

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	1,35,000
Part-2 of first Instalment Fee	1,35,000
Part-3 of first Instalment Fee	1,35,000
2	Refundable Caution Deposit	35,000	20-Jun-24
3	Year-1 Living Fee (Boarding & Lodging Charges including laundry charges upto INR 500/- per month)	2,00,000	20-Jun-24
4	Tuition Fee: 2nd Instalment	4,45,000	30-Nov-24
5	Tuition Fee: 3rd Instalment	5,66,000	30-Jun-25
6	Year-2 Living Fee * (Boarding & Lodging Charges including laundry charges upto INR 500/- per month) *This is an indicative amount. The revised amount will be communicated in Jan or Feb 2025. Subject to revision based on the inflation and other costs.	2,10,000	30-Jun-25
7	Alumni Fee	5,000	30-Jun-25

S.No

Fee Description

Amount in INR

Tentative Timelines for Payment

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

1,35,000

Part-2 of first Instalment Fee

1,35,000

Part-3 of first Instalment Fee

1,35,000

Refundable Caution Deposit

35,000

20-Jun-24

Year-1 Living Fee
(Boarding & Lodging Charges including laundry charges upto INR 500/- per month)

2,00,000

20-Jun-24

Tuition Fee: 2nd Instalment

4,45,000

30-Nov-24

Tuition Fee: 3rd Instalment

5,66,000

30-Jun-25

Year-2 Living Fee *
(Boarding & Lodging Charges including laundry charges upto INR 500/- per month)
*This is an indicative amount. The revised amount will be communicated in Jan or Feb 2025.
Subject to revision based on the inflation and other costs.

2,10,000

30-Jun-25

Alumni Fee

5,000

30-Jun-25

IFMR GSB: Students' Opinion

AI-Generated Summary based on Reviews

The college boasts a distinguished faculty with extensive academic and industry experience, including professors linked to The World Bank and others owning consulting firms. With a focus on business disciplines, the program spans six trimesters, requiring a 75% attendance rate and regular exams. Placement opportunities are robust, with 100% placement achieved, and recruitment initiatives starting in the 4th trimester. The average salary package is 12 LPA, with a range from 6 LPA to 22 LPA, offered by prominent companies like Nomura, HSBC, Barclays, and Yubi.

Major recruiters include JP Morgan, HSBC, Standard Chartered, and Deloitte, offering roles in finance, risk management, and marketing. Internships also play a key role, with stipends starting at 20,000 INR, though unpaid options exist. The tuition fee for the program totals INR 14,56,000, excluding living expenses and a 5,000 INR alumni fee. Hostel fees are 180,000 per half year. Overall, program costs have risen to approximately 20 lakhs, with the first-year tuition at 445,000 and increasing in subsequent terms.

The caution deposit is 35,000, and living expenses are 200,000 for the first year, rising slightly in the second year. The placement committee is effective, ensuring ample opportunities for students.

By Collegedunia’s Personal AI

Events	Dates
CMAT Result	Jun 06, 2025
CMAT Exam Date	May 15, 2025
CMAT Admit Card Date	May 06, 2025

Events

Dates

CMAT Result

Jun 06, 2025

CMAT Exam Date

May 15, 2025

CMAT Admit Card Date

May 06, 2025

IFMR GSB Master of Business Administration [MBA] Ranking

IFMR GSB MBA ranking by Outlook is 17 out of 119 in India in 2025 and it was ranked 17 out of 119 in India in 2021. IFMR GSB MBA ranking by NIRF is 60 out of 125 in India in 2022 and it was ranked 53 out of 100 in India in 2020. IFMR GSB MBA ranking by The Week is 23 out of 159 in India in 2020

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IFMR GSB: 2 Answered Questions

Is IFMR, CHENNAI worth the fees of 14 lakh for MBA for a b.com fresher who is going to finance it through education loan?

Nishant SuriM.B.A. from Institute for Financial Management and Research, Chennai (2018)

Yes, you should definitely consider going here and it will be worth the loans and finances you invest into this college. One of my friends has taken admission in IFMR through an education loan. He says the institute is totally worth it. The amount you invest in your education will not only depend on the return on investment but also on growth opportunities.

At IFMR, you will see a mix of extensive and rigorous study but great packages and good opportunities.
Once you enter the college, you will realize why the fees demanded from students are so high.
From my knowledge, the place is a nonprofit organization. This means, you will get what you pay.
It has great hostels, faculty, and a mess with all-around growth even if you are a lazy student.

Both placements and the packages offered here are very good. It has a 100% placement record since the college began 40+ years ago. In the 2020 placement drive, the highest CTC offered was INR 13.6 LPA with an average CTC of INR 9.37 LPA. Some of the top recruiters include JP Morgan and Chase, Deloitte, Cognizant, and HDFC Bank.

Now since you are specifically talking about a loan, let me assure you that you can come to IFMR without any hesitation. This college has excellent placements and growth opportunities in market-leading MNCs and you will definitely be able to cover your education loan. In the long run, you will able to make money hands over fists. Your return on investment will be good.

From what you can see above, the packages offered at IFMR match industry standards as well. Therefore, you clearly don’t have to worry. It is value for money and you can take an education loan without worries.

Which one is better for MBA, IBS Hyderabad, K J Somaiya, or IFMR?

SagardeepMBA from Institute for Financial Management and Research, Chennai (IFMR)

IFMR GSB and KJS are both highly esteemed institutions within the Indian B-school league better than IBS Hyderabad for MBA. Both institutions offer a comprehensive curriculum and opportunities for students to enhance their skills and knowledge in the field of management.

IFMR GSB has a strong focus on research and has numerous partnerships with leading international business schools, which allows for exchange programs and global exposure for its students. In addition, the college has a strong alumni network and provides opportunities for internships and placements with some of the top companies in the industry.

On the other hand, KJS has a well-established reputation for its innovative teaching methods and experienced faculty. The college also provides a range of extracurricular activities, sports facilities, and leadership programs to help students develop a well-rounded personality.

Ultimately, both institutions have their own unique strengths and offer high-quality education in the field of management. It is important to consider your personal interests, career goals, and priorities when choosing between the two colleges. It is also advisable to visit the campus, meet with current students and faculty, and attend information sessions to get a better understanding of the learning environment and culture at each institution.

It is important to note that IFMR GSB is no longer solely a finance-focused college. The institution has evolved into a comprehensive B-school that offers a range of specializations, including marketing, operations, data sciences, financial engineering, and human resources. IFMR GSB is one of the few MBA programs in the country that offers financial engineering as a specialization. The operations program also provides students with valuable hands-on experience through industrial visits to some of the world's leading multinational corporations.

Finally, the human resources program at IFMR GSB has gained momentum in recent years and offers a diverse curriculum that includes courses in team management, psychology, and self-development. The faculty in this program are among the most respected and experienced in the field.

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