IFMR Graduate School of Business (IFMR GSB) is a private business school under Krea University at Sri City, Andhra Pradesh, with more than 55 years of institutional history. It is recognised by the University Grants Commission (UGC) and approved by the All India Council for Technical Education (AICTE). Its MBA programme has South Asian Quality Assurance System (SAQS) accreditation from June 2024 to June 2029.
In NIRF Management 2024, IFMR GSB secured rank 99 among management institutes in India. The school is known for management education, finance-focused learning, BFSI placements, and residential campus life.
The campus covers 40 acres at Sri City, 70 km north of Chennai. It has the H.T. Parekh Library with more than 30,000 books and 4,500 e-journals, along with an NSE trading lab that gives students live market exposure.
- MBA: 2-year full-time flagship programme with an intake of 240 students
- Integrated BBA + MBA: 5-year course for students who enter after Class XII
- PhD: Full-time and part-time research options in Finance, Economics, and Management
- Executive Education: Management Development Programmes and Certificate courses in Banking, Digital Marketing, Supply Chain Management, and Six Sigma Green Belt
The 2-year MBA has a total fee of INR 15,00,000. The total fee for the 5-year Integrated BBA + MBA is INR 40,75,000.
Students can apply for merit-based and merit-cum-means scholarships. At the admission stage, the school offers 3 full tuition waivers each year.
For the MBA 2024-26 batch, the average package was INR 12.68 LPA and the highest offer was INR 17.22 LPA. JP Morgan Chase, Barclays, Bank of America, Deloitte, and KPMG are among the major recruiters.
IFMR GSB Admission Dates 2027
For the 2027 academic session, IFMR GSB is accepting applications for the MBA 2027-29 batch and the 5-year Integrated BBA+MBA 2027 programme. The remaining rounds close between November 2026 and June 2027.
| Event | Date |
|---|---|
| MBA 2027-29 Early Round closes | November 30, 2026 |
| Integrated BBA+MBA 2027 Early Round closes | December 1, 2026 |
| MBA 2027-29 Round 1 closes | January 30, 2027 |
| MBA 2027-29 Round 2 closes | February 28, 2027 |
| Integrated BBA+MBA 2027 Main Round closes | March 28, 2027 |
| MBA 2027-29 Round 3 closes | April 30, 2027 |
| Integrated BBA+MBA 2027 Express Round closes | May 16, 2027 |
| Integrated BBA+MBA 2027 Swift Round closes | June 13, 2027 |
Subject to revision. Kindly check with the official sources to confirm
Each programme accepts different entrance tests. The MBA uses national-level management and allied entrance exams, while the Integrated BBA+MBA accepts aptitude and engineering entrance scores meant for students after school.
| Programme | Exams Accepted | Minimum Score / Percentile |
|---|---|---|
| MBA (2-year) | CAT, XAT, CMAT, NMAT, GMAT, GRE, GATE, IIT-JAM | CAT / XAT: 75 percentile; CMAT: 90 percentile; NMAT: 210; GMAT: 525; GRE: 310 |
| Integrated BBA+MBA (5-year) | KAT, SAT, IPMAT, JEE Main | As per round-specific criteria |
| PhD | CAT, GATE, UGC-NET | As per admission committee criteria |
IFMR GSB Courses and Fees
IFMR GSB offers management education through postgraduate, integrated undergraduate-postgraduate, doctoral, certificate, and executive programmes. The 2026 fee details are listed below.
| Course | Fee |
|---|---|
| MBA Duration: 2 years Eligibility: Bachelor’s degree with 60% in Class X, XII, and graduation; valid CAT / XAT / CMAT / NMAT / GMAT / GRE score | INR 15,00,000 |
| Integrated BBA + MBA Duration: 5 years Eligibility: Class XII with 60%; valid KAT / SAT / IPMAT / JEE Main score | INR 40,75,000 |
| PhD Duration: 4 years Eligibility: Master’s degree; valid CAT / GATE / UGC-NET | INR 4,30,500 |
| Certificate Programmes Duration: Short-term Eligibility: Working professionals | INR 23,600 per programme |
| Management Development Programme Duration: Short-term Eligibility: Working professionals | INR 20,000 |
Subject to revision. Kindly check with the official sources to confirm
In the MBA, students can choose concentrations in Finance, Business Analytics, and Marketing. BFSI continues to be the strongest placement area because of IFMR’s 55-year institutional background.
IFMR GSB Admission Process
Admission at IFMR GSB is based on programme eligibility, entrance test scores, application rounds, and selection stages such as interviews or written evaluation. The process differs for MBA, Integrated BBA + MBA, and PhD applicants.
MBA Admission Process
For the 2-year MBA, applicants need a bachelor’s degree and at least 60% marks in Class X, Class XII, and graduation. Fresh graduates can apply, and candidates with up to 36 months of work experience are also eligible.
- Step 1: Take any one accepted test: CAT, XAT, CMAT, NMAT, GMAT, GRE, GATE, or IIT-JAM.
- Step 2: Complete the online application before the deadline for an active admission round.
- Step 3: If shortlisted, appear online for the Written Ability Test (WAT) and Personal Interview (PI).
- Step 4: Wait for the final merit list, which uses entrance score, academic record, WAT-PI performance, and work experience.
General category applicants need at least 75 percentile in CAT. Students ranked in the top 20 at universities recognised in NIRF may apply without a competitive exam score, but they must provide the required documents.
Integrated BBA + MBA Admission Process
The 5-year Integrated BBA + MBA is meant for students who have completed Class XII with at least 60% aggregate marks. For the Early and Main rounds, applicants must have a valid KAT, SAT, IPMAT 2026, or JEE Main score.
- Early and Main rounds include the application, aptitude test in December 2026 or April 2027, and personal interview.
- The Swift Round includes the application and direct personal interview, without a separate aptitude test.
- IPMAT 2027 scores are valid only for the Swift Round.
This integrated programme allows students to finish both undergraduate and postgraduate management study in one continuous path and start work by the age of 22 to 23.
PhD Admission Process
IFMR GSB offers PhD study in full-time and part-time modes across Finance, Economics, and Management. Applicants need a master’s degree and a valid CAT, GATE, or UGC-NET score. The selection process includes review of the research proposal and a personal interview.
IFMR GSB Placements
The MBA 2024-26 batch had 280 students. The average package was INR 12.68 LPA, the median package was INR 13.00 LPA, and the highest offer reached INR 17.22 LPA. BFSI was the leading sector, matching the school’s finance background.
| Metric | MBA 2024-26 Batch | MBA 2023-25 Batch |
|---|---|---|
| Average Package | INR 12.68 LPA | INR 12.04 LPA |
| Highest Package | INR 17.22 LPA | INR 21.32 LPA |
| Median Package | INR 13.00 LPA | INR 11.50 LPA |
| Batch Size | 280 | Not disclosed |
Recruiters include JP Morgan Chase, Barclays, Bank of America, BNY Mellon, Wells Fargo, Moody’s, Standard Chartered, Axis Bank, Federal Bank, Deloitte, KPMG, and Arcesium. A BFSI alumni base across global banks and financial institutions helps the school bring recruiters back regularly.
Students also received roles in business analytics, management consulting, and technology finance. The batch profile included 53% commerce graduates, 21% arts and science graduates, and 20% engineers.
IFMR GSB Rankings
IFMR GSB appears in the NIRF Management category. Its rank was 99 in 2024, 74 in 2023, and 60 in 2022. The school also holds SAQS accreditation, a quality recognition given by the Association of Management Development Institutions in South Asia.
| Ranking Body | Category | 2024 Rank | 2023 Rank | 2022 Rank |
|---|---|---|---|---|
| NIRF | Management | 99 | 74 | 60 |
IFMR GSB Scholarships
IFMR GSB supports MBA students through merit-based and merit-cum-means scholarships. These awards are meant to help strong students who may need financial support to join the programme.
| Scholarship | Eligibility | Coverage |
|---|---|---|
| Full Tuition Scholarship | Exceptional academic merit at admission stage | 100% tuition waiver, with 3 awards per cohort |
| Year-End Merit Award - Rank 1 | Highest CGPA at end of Year 2 | INR 2,00,000 |
| Year-End Merit Award - Ranks 2 to 4 | Second to Fourth CGPA at end of Year 2 | INR 1,00,000 each |
| Merit-cum-Means Scholarship | Academic merit and financial need | Partial tuition support, with amount decided case by case |
Students can also use education loans from partner banks and NBFCs. Government-funded schemes may be available through the National Scholarship Portal (NSP), depending on category and income rules.
IFMR GSB Campus and Infrastructure
IFMR GSB has a 40-acre fully residential campus in Sri City, Andhra Pradesh, about 70 km north of Chennai. The MBA is fully residential, so enrolled students must live on campus for the programme.
The H.T. Parekh Library includes more than 30,000 books, 105 print journals from India and abroad, and access to over 4,500 e-journals through online databases. Finance students also use the NSE trading lab, which has live market feeds.
Hostel rooms are twin-sharing and include attached bathrooms and geysers. The campus has sports facilities such as a basketball court, futsal grass turf, and cricket nets. Other facilities include a fitness studio, student lounge, QSR and fast food outlet, convenience store, and unisex salon.
IFMR GSB vs TAPMI vs LIBA Chennai
Students looking for finance-oriented private B-schools in South India often compare IFMR GSB with T.A. Pai Management Institute (TAPMI), Manipal, and Loyola Institute of Business Administration (LIBA), Chennai. All three attract students interested in BFSI and general management roles.
| Parameter | IFMR GSB, Sri City | TAPMI, Manipal | LIBA, Chennai |
|---|---|---|---|
| NIRF Management 2024 | 99 | 34 | Not in top 100 |
| MBA Total Fees | INR 15,00,000 | INR 19,00,000 | INR 9,50,000 |
| Average Placement (latest) | INR 12.68 LPA | INR 14.50 LPA | INR 8.00 LPA |
| Key Strength | Global BFSI roles, international bank recruiting | Finance, BFSI, and general management | Finance, ethics, Tamil Nadu corporate network |
| Accreditation | SAQS | SAQS, NBA | AICTE, UGC |
TAPMI has a higher NIRF rank and a broader management profile. IFMR GSB stands out for access to international bank recruiters such as JP Morgan Chase, Barclays, BNY Mellon, and Wells Fargo. LIBA has the lowest fee among the three and suits students who want to work with Tamil Nadu-based companies.
IFMR GSB FAQs
Ques. How much does the IFMR GSB MBA cost?
Ans. The 2-year MBA fee is INR 15,00,000. Hostel charges are not included in this amount. Eligible students can apply for education loans through partner banks and NBFCs.
Ques. Which entrance score is needed for IFMR GSB MBA admission?
Ans. General category applicants need 75 percentile in CAT. The required XAT cutoff is also 75 percentile. For other tests, the required scores are 90 percentile in CMAT, 210 in NMAT, 525 in GMAT, and 310 in GRE.
Ques. What salary package did IFMR GSB report for the latest MBA batch?
Ans. For the MBA 2024-26 batch, the average package was INR 12.68 LPA and the median package was INR 13.00 LPA. The highest offer was INR 17.22 LPA. BFSI was the main recruiting sector, with several international banks and financial institutions hiring students.
Ques. Can fresh graduates apply for the IFMR GSB MBA?
Ans. Yes, fresh graduates can apply. IFMR GSB also accepts applicants with up to 36 months of work experience, so both fresher and experienced profiles are eligible.
Ques. What rank does IFMR GSB have in NIRF?
Ans. IFMR GSB was ranked 99 in NIRF Management 2024. Its earlier ranks were 74 in 2023 and 60 in 2022. NIRF 2025 rankings are awaited.
Ques. Do MBA students have to stay in the IFMR GSB hostel?
Ans. Yes, the MBA is a fully residential programme. Students must live on the 40-acre Sri City campus. Hostel rooms are twin-sharing and come with attached bathrooms and geysers.
Ques. Which scholarships can IFMR GSB students get?
Ans. IFMR GSB gives 3 full tuition waivers per cohort based on merit at admission. At the end of Year 2, Rank 1 receives INR 2,00,000, while Ranks 2 to 4 receive INR 1,00,000 each. Merit-cum-means scholarships are also offered to students with financial need.
Ques. What are the IFMR GSB MBA 2027 application deadlines?
Ans. For the MBA 2027-29 batch, the Early Round closes on November 30, 2026. Round 1 closes on January 30, 2027, Round 2 closes on February 28, 2027, and Round 3 closes on April 30, 2027.
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