IFMR Graduate School of Business, Sri City

Institute for Financial Management and Research, Sri City was established in 1970, started as an Economics and Finance research and training Institution has now developed into a full-fledged business school. The strong foundation of this school is based on skills, theory, practical knowledge combined with one of the finest faculties of the country. IFMR GSB has maintained a consistent ranking and has shown immense expansion as a Management institution where recently it was ranked 53rd as part of National Institutional Ranking Framework (NIRF), by the Ministry of HRD, Government of India in 2020. The Institute is approved by South Asian Quality Assurance System(SAQS). Institute for Financial Management and Research Sri City University currently offers specialization in 8 fields namely Data Science, Economics, Finance, Information Systems, Marketing, OB & HR, Operations Management and others and five courses including MBA. 

Institute for Financial Management and Research Highlights: 

IFMR Location:

IFMR GSB (KREA University) is located in Sri City, Andhra Pradesh. The campus is located at a distance of 55 km north of Chennai. The campus is located near 2 airports, Chennai International Airport, which is 90 minutes drive distance from Sri City, and Tirupati Airport, at a 75 km distance and takes a 90-minute drive too. The nearest railway station is Gummidipundi Station at 18.56 km distance from Sri City and Sullurupeta at 19.37 km distance. The campus provides a safe environment for students with campus security and police station being just 3 kilometres away. There are medical facilities on the campus and a hospital just 5.5 km away, both fire station and post office at approx 2km distance. 

Institute for Financial Management and Research - Latest News and Updates

• KREA University joins hands with Kauvery Hospitals to start on-campus healthcare facilities - A popular health care chain Kauvery Hospitals has now joined hands with KREA University, after which general practitioner and healthcare nurses along with a doctor will be available 24x7 in the campus to ensure medical health of all the students in the case of any emergency. A pharmacy and BLS ambulance will also be available to attend to the needs of campus residents. This team will also conduct regular checkups and health-based events. 

• KREA University and Penguin India organise e-launch of book "The economics of Small Things" - IFMR Graduate School of Business and Penguin India are coming together to organise a-launch of the book "The Economics of Small Things''. Students can join in the launch through zoom where guests Dr. Sundar Ramaswamy (Vice-Chancellor KREA University), Dr. Madhuri Saripalle (Associate Prof. Economics) and author Doctor Supita Sarangi will be sharing their thoughts, experience and research involved in the book. 

• Online event on Building a successful career with Naveen Chandramohan - Naveen Chandramohan, the Founder & CEO of Itus Capital & Co-founder of Fintuple Technologies shared his perspective on how students can build a successful career. Mr. Chandramohan also shared some stories from his life and highlighted the importance of living every day to the fullest. 

• IFMR GSB Marketing Faculty at CII event - Four eminent marketing faculty members from IFMR GSB shared their views on “The Changing Face of Marketing-Impact of New Technologies”. The event was hosted by Confederation of Indian Industry (CII). 

• IFMR GSB Symposium Discusses Rebuilding Economy on Sustainable Footing - IFMR GSB organised a virtual event focused on inclusion and sustainability. The event was attended by some eminent speakers, researchers and practitioners from India and across the globe, who shared their research and findings through seminars, lectures and showcase events. 

• IFMR GSB Students were among the National Finalists at ‘Chanakya’ an Economics Case Study Event - Two students from IFMR GSB were declared the National finalists at Chankya, which is an Economics Case Study event. The event was conducted at Avenues 2020- an annual business festival organised by IIT Bombay.  

Institute for Financial Management and Research - Recognitions Accreditations and Collaborations:

IFMR Accreditations: 

• IFMR GSB is accredited by SAQS(South Asian Quality Assurance System) 

Notable alumni of IFMR GSB

1. Mr. Arunachalam Veerappam (Senior Director, Flextronics) 

2. Ms. Kalpana Kumar (Chief Caring Officer, Qube Cinema Technologies) 

3. Mr. Ashwin Lakshmanan (Senior Programme Manager, Verizon) 

Institute for Financial Management and Research Clubs, Committees and Councils:

IFMR GSB has multiple students clubs & committees to enable students to explore many opportunities in extracurricular activities, inter-college events are often organised to create a fun-filled environment in the campus where students from different clubs and committees can participate. These IFMR GSB clubs, Committees and councils are filled with opportunities to learn and have fun with your peers at the same time. The various cultural and academic clubs in IFMR are as follows:

• Abhyudaya (Annual Fest Committee)

• Arthasabha (Finance Committee)

• B-Sportive

• EDGE (consulting committee)

• External and Alumni Solutions (External stakeholders and alumni)

• Genesis (Admissions Committee)

• Laasya (Cultural Committee)

• Markaholic

• Placecom

• Samarthan

• Sanchalan

• Synergy

• The Entrepreneurship Committee

• Abhinay Club ( Drama Club) 

• Analytics Club

• MUN

• Nritya (Dance Club) 

• Q team

• Raga (Music club) 

• Shutterbug (Photography Club)

• Speakers Club

• WIB (Women in business) 

Institute for Financial Management and Research - Infrastructure and Facilities:

Institute for Financial Management and Research in Sri City has a lot of Infrastructure facilities to ensure that students can lead a comfortable and convenient life on the campus. The campus provides accommodation, canteen, library, cafeteria, gym and many other facilities which assist in the overall holistic development of students. There are shuttle service and an auditorium big and well equipped to accommodate all the students in case of big conferences. 

• IFMR provides separate hostels for girls and boys with facilities like separate bathrooms, geysers, ac, community tv room, fast food outlets, stationery stores. 

• IFMR has a well-equipped library named 'H.T. Parekh Library', which includes a vast collection of over 18,000 books, multiple national and international journals. The library comes with all modern facilities where students can comfortably study and do their research work.

• The campus provides both indoor and outdoor sports facilities where students can enjoy sports like basketball, badminton, cricket, indoor table tennis and open ground for many other sports activities like hockey and volleyball.

• The IFMR campus cares about both physical and mental wellness of students, with facilities like shuttle service, in campus medical facilities and support experience. 

• The University campus is one of the finest experiences for students, with a 400 seater dining hall, Asian and North Indian food outlet and Campamocha cafe. 

IFMR Courses, Fees and Eligibility:

IFMR provides courses for students who want to pursue post-graduate and doctoral courses. Undergraduate courses are not available in IFMR. Total 4 programmes are available in IFMR along with certificate courses. The lost of programs offered by IFMR are mentioned below:

• Executive Master of Management (MBA)

• PhD

• Master of Business Administration

• Certificate Courses

• Management Development Programme

IFMR Fee:

Institute for Financial Management and Research Admission:

Students wishing to apply in any postgraduate or doctoral level programme can fill the online form available on the official website. Every year the process of admission usually starts in October. The selection criteria is different for all the courses. To get admission in the MBA program, candidates need to achieve a certain score in CAT/GMAT/XAT/GRE. Further selected candidates will be called for Written Ability Test and personal interview.

IFMR Admission Procedure for Postgraduate Programmes:

• Make sure you fit the admission criteria

• Submit the application form once the admission portal opens

• Wait for shortlisted candidates for WAT and PI rounds

• Appear in WAT and PI round

• Final shortlisted candidates list

• Registration and orientation

• Term 1 Classes begins

IFMR Admission Procedure For PhD programme:

• Make sure you fit the eligibility criteria

• Fill the application form and select a specialisation

• Application screening and Research Ability Test

• Appear in PI round

IFMR Scholarship:

IFMR has a total of 3 scholarship programmes to help students who are in need of financial aid. Scholarships are provided on the base of merit and to students who are in need of it.

The 3 scholarship programmes offered by IFMR are:

1. Merit cum means scholarship: students who are meritorious and are in need of financial aid will be provided with this scholarship. Annual family income should be less than 11 Lakhs and CGPA of the student should be 3.0 till year-end.

2. Thomas Scholarship for Business Leaders: this scholarship is provided by Hindustan Unilever with a scholarship amount of INR 1 lakh. 

3. Merit Scholarship: This scholarship is awarded on the basis of the score achieved by students at the end of the second year. The first rank is awarded 2 Lakh INR scholarship and next 3 ranks 1 Lakh each. 

Institute for Financial Management and Research Cut Off:

The basis of selection in IFMR is based on CAT scores and merit list in PhD. The Institute for Financial Management and Research cut off differs each year according to the highest scores and best possible candidates. The scores in WAT and PI also includes. The factors in selecting includes:

• Common Aptitude Test score (CAT)

• Total Number of seats available

• Number of aspirants applying

IFMR GSB- Placement:

IFMR provides a hundred per cent placement guarantee and has a separate placement cell to provide the best possible placement for every student. The IFMR  placement cell comprises both students and faculty members who work thoroughly in managing all placement related activities on-campus. From organising regular seminars and workshops in the campus and providing placement drives, industry experts and alumni both participate in these events to increase students employability by helping them in personality development and major corporate skills. 

There are many sectors like E-commerce, IT, Analytics, BFSI and Consulting that participate in Institute of Financial Management and Research Placements. According to records, 54 job recruiters in India provided job opportunities to around 178 students. Deloitte offered the highest stipend of 1 Lakh per month to an MBA student. IFMR provides summer and final placement to students, details are mentioned below:

Summer Internships: During the summer internship programme of IFMR major sectors participate to provide placement to students. The majority of offers were provided by BFSI industries/ sector and e-Commerce industry/ sector. The students of IFMR are offered many placement offers in the finance sector, sales and Marketing, analytics function with major 28 per cent and 7 per cent, respectively. The summer internship programme has shows grown in recent years with the highest and general stipend students receive. 

Final Placement: Maximum jobs were offered by the BFSI industries in the campus, the finance sector brought in the maximum number of jobs during IFMR GSB placements 2020. Highest CTC was 13.6 LPA INR. 

The top recruiters at IFMR are:

• Aditya Training Solutions

• Bloom Business Strategies

• Chennai Angels

• Finshell, HSBC

• Kotak Life

• TVS Credit

• Paisa Power

• Eatler

• Hopsticks

• Matrimony.com

• Alobasics

• 361DM

• Deloitte

• Ernst & Young

• Par Excellence

• Aktrea

• Alpha Derivative

• Newton Consulting

• Outlook

• SPI Edge

• Ford Smart Mobility

• Fintuple

• Market Simplified

• Intellect Design

• Reculta

• ANZ

• Bajaj Finserv

• Bank of America

• Barclays

• Care Ratings

• CITI

• Credit Suisse

• Crisil

• Federal Bank