Chennai: IFMR Graduate School of Business, Krea University has opened online applications for its MBA 2020-2022 cohort. Established as a business school by the Institute for Financial Management and Research, a not-for-profit society operating in India from 1970, the IFMR business school is now a part of Krea University and is known as IFMR Graduate School of Business (IFMR GSB) at Krea University offering a two-year post-graduate MBA degree.
IFMR GSB follows a unique admission process constituting of “Working Professionals Round (WPR) and General Round (GR)”. The Working Professionals Round (WPR) is open to applicants who have work experience of 12 to 36 months and the General Round is open to all applicants – employed or fresh graduates. The last dates to apply for the Working Professionals Round (WPR) and General Round (GR) are Feb 4th 2020 and March 3rd 2020 respectively. The earlier close of WPR round helps IFMR GSB make early admission offers to working professionals who may serve contracted notice periods before joining the course. The selection process includes a Written Ability Test (WAT) and a Personal Interview (PI), and academic performance right from X and XII board exams and undergraduation, CAT/XAT/CMAT or GRE/GMAT scores are also important components to determine shortlisting for WAT and PI.
Speaking about the MBA programme at IFMR GSB, the Dean Dr. Anantha Nageswaran said, “The primary objective of the IFMR MBA program is to create future management leaders with a strong foundation in theory and practice. To achieve this objective, we have created a curriculum that is strong on fundamentals and is constantly revised to be in tune with industry requirements. In line with the Krea mission, there is a strong emphasis on nurturing the problem-solving skills and creativity of students and our curriculum provides them with the multidimensional perspective and ethical foundation to build a host of functional and behavioural competencies.”
IFMR GSB offers core courses in the first year and various elective courses in the second year spanning several disciplines. Additionally, students are required to do a summer internship in a company during the summer break between the first and second year. The MBA specialisations include Data Science, Economics, Finance, Information Systems, Marketing, Organisational Behaviour & Human Resources Management, Operations Management, Quantitative Finance and Strategic Management. These are offered jointly with the support of industry professionals in curriculum design and delivery. IFMR GSB has introduced core courses such as Design Thinking and a Capstone business strategy simulation to prepare students for industry challenges.
In 2019, with a highest salary of Rs.18.80 lakhs p.a and an average salary of Rs.8.70 lakhs p.a., IFMR GSB students were placed in top companies including Accenture, Aviva Life Insurance, BA Continuum (BoFA), Barclays, Capgemini, Cognizant, CRISIL, Deloitte, Genpact, HCL Technologies, HSBC, ICICI Bank, IFMR Capital, Infosys, J P Morgan Chase, Orient Cements, Shell, TCS Vodafone and Wipro among others.