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Know about IFMR GSB Sri City: An Interview with Dr. Amit Das (Professor)
In this interaction with Careers360, Dr. Amit Das, Professor of Data Science and Information Systems at IFMR Graduate School of Business Sri City points out various factors that sets IFMR GSB apart from other B-Schools, eligibility criteria IFMR GSB selection process, placements and more. Read the full article for complete information on IFMR Graduate School of Business Sri City.
About: Founded in 1970, IFMR GSB Sri City is a constituent college of KREA University Sri City. IFMR Graduate School of Business is accredited by SAQs. IFMR GSB Sri City offers courses at the postgraduate and doctoral level in different streams. For admission to IFMR GSB candidates need to appear and secure a valid score in CAT/ CMAT/ GATE/ GMAT/ GRE/ NET JRF/ NMAT/ XAT/ Krea Aptitude Test/ IPMAT/ SAT followed by an interview (if necessary).
Careers360: Describe the journey of IFMR GSB since inception. What was the vision and mission behind its inception?
Answer: Since 1970, the institute has evolved itself from an institution for research and training in the areas of economics and finance to a full-fledged business school with a focus on interwoven learning. The journey of nearly 50 years has been steered by some of the best minds from academia and industry, creating immense value for the economy and society at large.
Careers360: What sets IFMR GSB apart? Why should students choose the institution?
Answer: IFMR GSB offers a multi-dimensional approach to learning which aids high potential individuals in navigating the fast-changing world and creating positive impact. While managing the evolving complexity of business and society, they are enabled to flourish as successful professionals and effective business leaders.
Careers360: What are the various programmes offered at IFMR GSB? Give details on the eligibility criteria.
Answer: Check the MBA eligibility criteria for 2024-26 batch.
IFMR GSB MBA eligibility criteria
S.No. | Parameter | Eligibility Criteria |
1 | Date of Birth | Should have been born after January 1, 1997 |
2 | Class X | 60%* |
3 | Class XII | 60%* |
4 | UG | 60%* |
5 | Work Experience | Fresh graduates as well as candidates with work experience are eligible. (Full-time work experience up to 36 months ONLY will receive credit during evaluation of application) |
6 | Competitive Exams | |
CAT : 2022 & 2023 | 75 Percentile | |
XAT : 2023 & 2024 | 75 Percentile | |
NMAT : Oct 2023 – Feb 2024 | 222 Score | |
CMAT: 2024 | AIR upto 7200 | |
GMAT : 2022, 2023, 2024 | Score of 650 | |
GRE : 2022, 2023, 2024 | Score of 310 | |
NOTE: * Inclusive of all subjects
Applicants who meet all eligibility criteria will be considered for personal interview in the rank order of merit. Shortlisted candidates will be intimated through e-mail and the dashboard of the application portal, along with the interview schedule. Personal Interviews will be conducted Online. In-person interviews will also be conducted in selected cities. The writing skills of applicants will be assessed using their scores on the relevant sections of the qualifying examination (CAT/ XAT/ NMAT/ CMAT/ GRE/ GMAT) as well as the quality of writing displayed in their application forms.
Careers360: What new initiatives have been introduced by IFMR GSB for a robust admission process?
Answer: IFMR GSB extends a special invitation to individuals who have attained top-ranking positions in the nation’s most esteemed educational institutions. This provision is exclusively for applicants who have successfully completed their undergraduate degrees and achieved a university rank.
Applicants who have secured positions within the top 20 ranks among universities and institutes acknowledged by NIRF (National Institutional Ranking Framework), as detailed in both the comprehensive rankings and university rankings, will not be obliged to submit competitive exam scores. However, it is essential to furnish valid documentary evidence confirming your university ranking.
Careers360: When are students asked to choose specialisations – during admissions or midway through their course?
Answer: Midway through the programme. They can also mix-and-match courses freely to create their own custom specializations.
Careers360: In your opinion, what factors should students keep in mind while making the choice of specialisation?
Answer: Factors that students should keep in mind while choosing their specialisation are interest and aptitude.
Careers360: At IFMR GSB, what steps are taken to ensure a well-rounded classroom with students from diverse backgrounds and gender?
Answer: We admit students from 22 states and union territories. Approximately 40% of our students are women. One third have work experience, the rest are fresh from graduation. Students with STEM backgrounds (engineering, science, mathematics) and those from arts and commerce are evenly balanced.
Careers360: What are the measures undertaken to ensure industry connect for the students at IFMR GSB?
Answer: Our 2000+ alumni from 20+ batches return to campus to mentor students, deliver guest lectures and support our placement efforts.
Careers360: Holistic development is much needed for every management student’s life. How is this facilitated by IFMR GSB?
Answer: We are part of KREA University which offers degrees in 14 disciplines of the liberal arts and sciences. All students, including MBA, benefit from exposure and access to a comprehensive university rather than a standalone business school. Our program is fully residential, with a vibrant campus life that includes a wide range of sports and cultural extra-curricular activities.
Careers360: Please elaborate on the accreditations of IFMR GSB.
Answer: We are accredited by SAQS, the South Asian Quality System.
Careers360: Technology, sustainability and liberal education are now part of the business world. How has IFMR GSB incorporated these in its curriculum, teaching methodology?
Answer: Data science, design thinking and ethical reasoning are taught to all MBAs at IFMR GSB. We subscribe to the full collection of Harvard cases for classroom use, and run a capstone simulation provided by CAPSIM to integrate strategic thinking across disciplines. Bloomberg terminals, a trading room and a well-stocked library support learning at the college.
Careers360: Explain how practical training and internships are facilitated at IFMR GSB.
Answer: Compulsory summer internships lasting for 8-10 weeks are arranged by the college, with an average stipend of Rs. 25,000 per annum.
Careers360: Give details on the placement process and latest placement statistics.
Answer: All students receive job offers from campus placement. As per last year’s IFMR GSB placement report the average CTC was Rs. 13.5 lakhs per annum. Prominent recruiters include Morgan Stanley, JPMorgan Chase, Wells Fargo, Bank of America, Societe Generale, Nomura, Barclays, HSBC India, Axis Bank, Crisil, Dell, Deloitte, EY, KPMG, PwC, Accenture and TVS NEXT.
Careers360: What are the scholarships available to students?
Answer: The School extends scholarships to students in need of financial assistance. The objective of the scholarship policy is to ensure that a meritorious student is not deprived of education for financial reasons. This process is intended for those students who have a pressing need for financial assistance.
Based on CGPA at the end of Term-3, the Office of Academic Administration sends a notification to eligible students to apply for Merit-cum-Means scholarship. IFMR GSB scholarship is given only to those students who are assessed to have the need for it. The Committee makes this decision based on the information provided by the student and a personal interview with him/her, if required. Based on the recommendations of the Scholarship Committee, the top 10 students who meet the above eligibility criteria will be considered for the award of scholarship. The scholarship amount shall be up to Rs 2 lacs per student.
Careers360: What would your message be to MBA aspirants?
Answer: A key skill coming out of the MBA is learning-to-learn. You will need to refresh and even re-invent yourself many times in your career. Develop strong fundamentals; beware of shortcuts, excessive focus on starting salary, and narrow definitions of management. Aspire to be a general manager / CEO in your corporate career.
Disclaimer: This content was distributed by IFMR Graduate School of Business Sri City and has been published as part of Careers360’s marketing initiative.
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Questions related to IFMR GSB Sri City
On Question asked by student community
Have a question related to IFMR GSB Sri City ?
Hi aspirant,
Both IFMR GSB and SDMIMD are excellent and respectable choices for an MBA, however IFMR GSB is thought to have marginally better placement records.
Here is a detailed comparison:
IFMR GSB:
Location: Sri City, Andhra Pradesh
Program: MBA
Fees: 14.16 Lakh
Placements: average 13.4 LPA
SDMIMD:
Location: Mysuru, Karnataka
Program: PGDM
Fees: 12.17 Lakh
Placements: average 9.8-10 LPA
All the best!
A waitlist number of 53 at IFMR Krea University gives you a decent chance, but it largely depends on how many students ahead of you decline their offers. In past admission cycles, IFMR’s waitlist movement for the MBA program has sometimes gone beyond 70–80, especially after top B-schools release their results and students drop seats.
If you’re flexible about accepting quickly when offered, your odds are fairly good though nothing is guaranteed. The biggest movement usually happens in the first two weeks after the initial admission deadline, with smaller waves later. Keep all your documents and fees ready so you can confirm immediately if you get the call.
Hello Aspirant,
This university's MBA admissions occur through several entrance exams. NMAT is one of them.
The last year's cut-off was in the range 85-90 percentile. The score might be between 220- 230.
You have also met the sectional cutoff of this university to be eligible for a further round of nomination. This cutoff is subjected to change every year depending on various factors.
I hope it helps.
Thank you
In order to make an informed decision about which college to choose for your final joining, you must analyse various parameters of a B-School to decide the one which matches with your final goals. At the end of your MBA, your goal could be entrepreneurship, higher education, job opportunities, greater exposure, increased market value or something very different. Basis the end result, please choose the college wisely.
For higher education, you should choose a college with good faculty and academic exposure, for career opportunities - choose a college with good placement records, for exposure and networking - choose a one with greater alumni base and so on.
For the colleges mentioned, I am highlighting the key parameters and the differences between the colleges. Accordingly, please review and make a choice:
Christ University Bangalore
- Course: MBA two year full time program offering PG Degree
- Fees: INR 7.9 Lakhs approx.
- Infrastructure: The infrastructure of the college is very nice and it gives a candidate the exposure to campus life. They have good facilities for library, laboratories, study centers etc. for holding discussions and learning from peers. They also offer in campus hostel facilities with different buildings for male and female.
- Faculty & Academics: The curriculum is very robust and helps in peer learning. The teaching pedagogy involves class room discussions on the case studies allotted and the faculty are well experienced and trained. A lot of faculty even have great industry exposure. The teaching methodology makes the candidate ready for professional life.
- Placements: It offers good placement to students in good companies. The average package is 7LPA while the highest is 13.12LPA. The top recruiters are Deloitte, EY, KPMG, TCS, Goldman Sachs, Cerner, Deutsche Bank, Amazon.
- Specialisations Offered: The college offer specialisations in Finance, operations, HR, strategy, marketing and Business Analytics along with a General MBA program
- Accreditations: NAAC 'A' Grade
- Recognitions: AICTE approved
The infrastructure, faculty, academics and specialisations are similar to Christ in other B-Schools also. In the other institutes i will only highlight points of differences
Nirma Ahmedabad
- Course: MBA two year full time program and MBA HRM
- Fees: INR 10 Lakhs approx.
- Scholarships: Merit and Merit cum means scholarships available
- Faculty & Academics: The core faculty are all Ph.D holders with very high level of experience and exposure in the industry.
- Placements: The average package is 8.70 LPA while the highest is 19.1 LPA. The top recruiters are Axis Bank, Infosys, Cognizant, Wipro, ADANI, ICIC Bank, Novartis, Coffee Day, Crisil, Hitachi, HDFC Life, Zomato and many more.
- Specialisations Offered: The college offer specialisations in General MBA and HR. The student can choose from a host of electives.
- Accreditations: NAAC 'A' Grade
- Entrepreneurship: A lot of alumni have successfully started companies and are running well like Winjit Solutions, x-plora designs, Odd Routes etc. Hence this is a good place if you want to build your network too.
- Notable Alumni: EVP& Business Head of Kotak Mahindra Bank, CRO in Radio Mirchi, VP Corporate Broking & SME - ICICI Lombard etc.
-
Rankings:
- 13 th among Private MBA colleges in India by Outlook in 2020
- 2 nd best college in Gujarat in 2020 by Times
- 2 nd among best colleges in Gujarat in 2019 by NIRF
- 3 rd best among colleges in Gujarat in 2019 by The Week
- 3 rd best among colleges in Gujarat in 2019 by ET Times
- 3 rd best among colleges in Gujarat in 2019 by Business Today
- 2 nd best among colleges in Gujarat in 2017 by Business Today
Bimtech Noida :
- Course: PGDM, PGDM International Business, PGDM IBM, PGDM Retail
- Fees: INR 9-14 Lakhs approx.
- Placements: The average package is 8.08 LPA while the highest is 18 LPA. The top recruiters are Amazon, Mindtree, ADP Inc., Wipro Technologies, Infosys, KPMG, Mazars, Oxane Partner, CGI Inc., IDFC First Bank, Acuity Knowledge Partners, ICICI Bank, TCS, Kotak Mahindra Bank, Wipro Digital, Wipro Consumer Care and Lightings, HDFC Bank, Panasonic, Exponential, ABFRL, Go Digit, Coforge, , HDFC Ltd., Bajaj Allianz General Insurance, SBI General Insurance Co., Ultra Tech Cement Ltd., Cians Analytics, Hevo Data, Howden India, ICRA Ltd., HCL Technologies Ltd., Reliance Retail, Total IT Global, ISGEC Heavy Engineering, Tech Mahindra and many more among others.
- Accreditations: NAAC 'A' Grade and NBA
- Notable Alumni: Co-Founder Purple Sketch Digital, Director Zeco Aircon, Deputy Manager Honda Cars etc.
-
Rankings:
- 6th among Private B Schools by NHRDN-Shine.com (//NHRDN-Shine.com)
- 10th among private B Schools by MBA Universe.com (//Universe.com)
- 47th MHRD's NIRF rankings
Wellingkar Mumbai:
- Course: PGDM
- Fees: INR 11-15 Lakhs approx.
- Placements: The average package is 11 LPA while the highest is 22 LPA. The top recruiters are Bloomberg, Deloitte, EY, Citibank, CRISIL, ICIC Bank, HCL etc.
Amrita:
- Course: MBA
- Fees: INR 13 Lakhs approx.
- Placements: The average package is 5.37 LPA while the highest is 28.4 LPA. The top recruiters are Axis BAnk, Aditya Birla, Bajaj Capital, BNP PAribas, Birla sun Life, Citibank, Colgate Palmolive, Future Group etc.
Hello Dear,
As per the trends of previous year the cuoff for both these colleges are around 200-220 as per the level of the paper but as you know the cut off depends upon the number of seats available, the difficulty level of paper and number of candidates writing the examination hence it varies every year depending on these factors. The K. J. Somaiya Institute of Management Studies and Research is an autonomous business school located in Mumbai. It was established in 1981.
IFMR - Graduate School of Business a private business school located Andhra Pradesh.College offers admission to the two-year full-time Master in Business Administration.
For more information you can visit the following link:
https://bschool.careers360.com/articles/nmat-cutoff
Good Luck
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