IFMR MBA Admission 2019 – The Institute for Financial Management and Research (IFMR), Chennai offers two opportunities to the candidates for admission in MBA programme by conducting two admission rounds – Early Decision and General round. The institute has been ranked #34 in the best management institutions as per the NIRF Ranking 2018. The IFMR has been awarded the status of University and offers an MBA since the batch of 2017. This step was taken by IFMR as soon as the Union Cabinet cleared the IIM Bill enabling IIMs to award an MBA degree. The Early Decision Round is open for especially for those applicants who are currently employed and have work experience of 12 to 36 months. Whereas, the General Round is open to all applicants, who may or may not be employed. The selection process at IFMR comprises of Written Ability Test (WAT) followed by a personal interview (PI). Check complete details about IFMR MBA Admission 2019 from this page.
IFMR MBA Admission 2019
The IFMR and Department of Management Studies, Indian Institute of Technology Madras (IIT Madras) have signed an MOU in April 2014 at the office of Director of IIT Madras. The objective of this was to further their common interest in promoting mutual cooperation in research.
The candidates can check the expected schedule for IFMR Admission 2019 from the table below.
|IFMR Admission 2019||Early Decision Round||General Round|
|Application Deadline||31 Jan 2019||15 Feb 2019|
|Release of Shortlist (for Selection Process)||13 Feb 2019||02 week of Mar 2019|
|Selection Process Starts||02/03 week of Feb 2019||04th week of Mar 2019|
|Announcement of Result||04 week of Feb 2019||01st week of Apr 2019|
|Program Starts on||01 Jun 2019|
IFMR Admission 2019: Courses Offered
The Institute offers admission in Postgraduate Diploma in Management. It is a two year full-time program with six trimesters and two months of summer internship. The PGDM offers specialization in the following:
- Human Resource
- Financial Engineering
- Financial Services & Insurance (BFSI)
- Business Analytics
IFMR MBA 2019 Fee Structure
The total fee is Rs.12.00 lakhs for the two years, which covers, tuition, books & materials, library membership, examination fee, and IT charges. The fee does not cover a Laptop and applicants are required to bring their own Laptop at their own cost.
|Admission cum first installment fee||Rs. 3,00,000/-|
|Refundable Caution Deposit||Rs. 50,000/-|
|Second installment fee||Rs. 5,00,000/-|
|Third & final installment||Rs. 4,00,000/-|
IFMR MBA 2019 Eligibility Criteria
The candidates must fulfill the following eligibility criteria as given below:
- Should have completed Graduation from a full time or part time degree course in any discipline.
- Those who have completed their graduation in correspondence/ distance mode/ online mode in any discipline are not eligible to apply.
- Applicants pursuing final year degree can also apply.
- There is a age limit criteria for admission at IFMR.
- Work experience is not mandatory, but those with work experience should have less than or equal to 3 years of experience.
- Should have taken any of the following standardized entrance exams – CAT/ XAT/ CMAT/ GMAT & GRE.
IFMR MBA 2019 Selection Criteria
The selection process at IFMR consists of Written Ability Test (WAT) followed by personal interview (PI). In WAT and PI, the focus will be on the work experience. As per the past year trends, the WAT last year had a topic “It is easier to convince the client than to convince the boss”, and the applicant had to write both FOR and AGAINST the topic.
For the Early Decision Round, the weightage given to the national entrance exam scores is only 20% and Sectional Scores not considered separately.
The candidates are first shortlisted for WAT and PI on the basis of information provided by them in the application form. However, final selection will be done on the basis of marks obtained in class 10th, 12th, graduation, national level test, performance in WAT and PI.
Exam score cut offs
In the table below, you can find the expected cut off for the exams which are accepted at IFMR:
|Entrance Exam||Expected cut off|
|GRE||Quant 160 in new scale, Verbal 153 in new scale|
|GMAT||Quant 49 on Scale of 60; Verbal 30 on Scale of 60|
IFMR Application Form 2019
Those who fulfill the eligibility criteria can apply to IFMR online at its official website, ifmr.ac.in. The candidates need to pay an amount of Rs. 1500 for the registration fee through Credit Card/ Debit Card/ Net Banking. In the application form, you need to enter all the necessary details such as your personal details, educational qualification details, work experience details, etc.
IFMR Chennai for the 2015-17 batch recorded with highest and average salary packages going up substantially. The average placement at IFMR has increased to Rs.9 lakhs from Rs.8.5 lakhs last year. In contrast to salary packages offered to various B-schools, IFMR has recorded higher compensation packages.
The Top recruiters at IFMR include CRISIL, Credit Suisse, Accenture, Capgemini, Deloitte, Genpact, Cognizant, HSBC, J P Morgan, TCS among others.
Overview of the Final Placement for 2015-17 batch
- Number of students – 119
- Number of recruiters – 32
- Highest Salary – 12.5 L
- Average Salary – 08 L
- Increase in average salary – 10%
IFMR Chennai Campus
The Institute has set up a 40-acre campus at Sri City, Andhra Pradesh, 55 kilometers from Chennai. The Chennai campus was inaugurated on May 9, 2014 by Dr. Morton Schapiro, President, Northwestern University, USA and Mrs. Chanda Kochhar, MD and CEO, ICICI Bank in the presence of Mr. N. Vaghul, Chairman, Board of Governors, IFMR. The infrastructure encompassing class rooms, seminar halls, library, computer labs, faculty offices, residential hostels, cafeterias, gymnasiums, indoor and outdoor games and recreation facilities.
If you have any questions about the IFMR Chennai MBA Admission 2019, let us know your query in the comments section below.
Official Website: ifmr.ac.in