Admission Open 2023-24

OTP Unverified

Krea University now offers the PhD programme
to full-time and executive students

About the PhD Programme

IFMR GSB offers a research programme leading to the award of the degree of Doctor of Philosophy (PhD). The PhD programme combines rigorous coursework with in-depth research requirements, well-aligned with the Krea vision of interwoven learning, ethical values, critical thinking and interdisciplinary education.

Our PhD programme is supported by faculty with exceptional research credentials. IFMR GSB strives to provide a stimulating research environment to its research students. IFMR GSB endeavours to be an institution that contributes in the space of higher education by training students who then go on to become thought leaders and teachers themselves.

Full-time PhD


Full-time students receive tuition waiver and stipend for four years. Extension up to one year may be granted, following review by the Dissertation Committee.

Executive PhD


Executive PhD students are required to complete the first term on campus in residency, and return to campus for End-of-Year 1 Examination and Comprehensive Examination, and proposal, synopsis, and thesis defense.

Legacy of IFMR

The Institute for Financial Management and Research (IFMR) was established in 1970 and has an impressive and long record of contributing to the expansion and enrichment of the knowledge base in the financial services industry. In 1982, IFMR became an approved research institution to conduct research leading to award of PhD by the University of Madras. Initially, the PhD degree was in the area of Finance and then since 2014 in the area of Management In 2018, IFMR was re-christened as IFMR Graduate School of Business (IFMR GSB) and integrated within the newly formed Krea University under the IFMR Society. IFMR GSB offers MBA and PhD programmes under Krea University from 2018.

Areas of Specialisation

Students are admitted to the PhD programme, and in due course
have the option of choosing from the following area(s) of specialisation


The IFMR GSB Advantage


  • Opportunities for Excellence in Research and Teaching
  • Prepare not just for a career in academics but also for the corporate world
  • Opportunities to work with Research Centres on various topics of management and public policy
  • Excellent Placements Possibilities
  • Access to world-class digital library and latest databases on world economy and corporate annual reports
  • Networking opportunities with faculty from renowned international institutes through IFMR
  • GSB’s international collaborations
  • Tuition fee waiver, monthly stipend, accommodation support, and health insurance for full-time PhD students, and Funding support for national and international conferences

Mentored by the Finest

Guided by the best in the field of Academics, Research and Industry

Jyoti Prasad Mukhopadhyay

Area Chair – Economics,
Associate Professor PhD, IFMR GSB,
University of Madras

Pallavi Pandey

Area Chair – OB & HR,
Assistant Professor PhD,
IIT(ISM) Dhanbad

Praveen Bhagawan M

Area Chair - Finance, Accounting & Quantitative Finance,
Associate Professor PhD,

Rajesh VN

Area Chair – Data Science & Information Systems,
Associate Professor FPM,

Sathya Saminadan

Area Chair – Marketing,
Assistant Professor PhD,

Shobha S Das

Area Chair – Strategy,
Professor PhD,
University of Minnesota

Suresh Venkatraman

Area Chair - Operations,
Professor of Practice FPM,
IIM Bangalore

The IFMR GSB PhD Experience

Scholars’ Speak | Hear from our Scholars

"IFMR GSB provides a platform and environment to carry out the research work in an efficient way. The institute guides on the research and academic works. The coursework is engaging and provides an enriching experience. Faculty-students interaction is one of the supporting factors during the research process. Apart from the research work, the students are exposed to multiple sports facilities available and it aids in physical well being too."

Aditya Kumar, Year 3,
Economics Specialisation

“A PhD scholar joins IFMR-GSB because of different reasons and expectations. The expert faculty members in the area of economics and the top-notch infrastructural set-up which encourages the research activities of the students were some of the few aspects which made me choose IFMR. We are exposed to a well detailed coursework comprising core papers in your area along with strong qualitative and quantitative methodology. The institution offers great support for publishing the research articles in the best journals and attending conferences at national and international level."

Manasi B, Year 3
Economics Specialisation

“PhD programme in the area of finance at IFMR GSB is one of the finest programmes in our country. The coursework gives us a foundation in theoretical and empirical tools required for research in the area. Faculty pool with vast experience and passion for research keeps you motivated throughout. Lively interactions and their constant support makes IFMR GSB the best place to pursue PhD.”

Navya J Muricken, Year 3,
Finance Specialisation

PhD's at Work

Some of the organisations where IFMR GSB PhD alumni work today

Faculty in prestigious academic institutions such as

Significant roles in research institutes, think-tanks and business organizations such as


"Personally, the PhD program was extremely challenging, as it happened during the pandemic time. And the data I worked with was primary data – the data you collect personally, via interviews or surveys. That was just one of the many hurdles. But my extremely supportive guide, Dr Vijayalakshmi Balasubramaniam, the Krea family in general, and a little bit of self-drive, ensured successful completion of the programme"

Dr Ameesh Samalopanan,
Krea’s 1st PhD Graduate

"Studying in IFMR GSB was an extremely wonderful experience and the PhD Programme was a valuable asset for me"

C Yoonus Ahammed PhD IFMR 2012
Director, Standard Chartered Bank Dubai, UAE

“IFMR offers an environment conducive to the pursuit of research and the people in the institute should be given credit for facilitating the process of enquiry."

L V Ramana PhD IFMR 1997
Professor, IIM Indore

“IFMR provides an excellent research environment. Studying at IFMR has helped me to discover myself, developing both personally and professionally. Shortlisted candidates will be called for online Personal interview Admission to the programme will be based on combined scores of qualifying parameters, and interview parameters.”

Parthajit Kayal PhD IFMR 2018
Assistant Professor Madras School of Economics, Chennai

“The PhD programme at IFMR has helped me learn important lessons to pursue quality and directional research.””

Dilip Kumar PhD IFMR 2015
Assistant Professor, IIM Kashipur

“Studying at IFMR has been an enriching and invigorating experience, preparing me for the challenges that lie ahead in my professional life.”

Swati Dutta PhD IFMR 2015
Associate Fellow Institute for Human Development, Delhi


Frequently Asked Questions

  • What Are The Eligibility Criteria For Admission?


    1. A candidate seeking admission into the Krea University’s PhD program - in addition to having 60% marks in undergraduate degree - s/he must satisfy the eligibility requirements prescribed by the University as under. The eligibility criteria are:
    • Master’s degree or equivalent PG Diploma in any discipline with 55 percent marks in the qualifying examinations


    • Five-Year integrated Master’s degree/Dual degree or equivalent in a relevant discipline with 55 percent marks in the qualifying examinations


    • Professional Qualification like ACA/FAC/AICWAI/ACSI, Qualifications of the Institute of Chartered Accountants of India, Institute of Cost & Works Accountants of India and Institute of Company Secretaries of India

    Graduates of full-time post-graduate degree course and candidates in the final year of the post-graduate degree are eligible to apply

    Executive PhD Programme

    MBA degree with 55 percent marks in the qualifying examinations       


    Five years of Work Experience after MBA

    1. Valid scores of standardised tests (CAT, CMAT, GATE, GMAT, GRE, NET JRF, NMAT, XAT) or pass an entrance test conducted by IFMR GSB, Krea University
    2. Graduates and post-graduates of full-time degree courses as well as ODL (Open and Distance Learning) institutions are also eligible to apply as per the UGC policy and notification."


  • There is no age limit for admission to the PhD Programme.

  • No, work experience is not mandatory for admission to full time residential PhD Programme. But a minimum five years of work experience after post-graduate degree is required for admission to the Executive PhD Programme.

  • No. IFMR GSB does not have any quota system. Admissions are purely based on merit.

  • In 1982, IFMR became an approved research institution to conduct research leading to the award of PhD by the University of Madras. Now, since its integration with Krea, the PhD programme is being offered by the IFMR Graduate School of Business, under Krea University. The supervisors are experienced faculty with more than 20 years of mentoring and supervision.

  • Please fill the Application form from the PhD admission section in IFMR GSB’s website. The application fees is INR 1000/-

  • The deadline for submission of application is Monday, 03 April 2023.

  • Yes, the applicant needs to write an entrance test conducted by IFMR GSB, Krea University, if there are no valid scores of standardised tests (CAT, CMAT, GATE, GMAT, GRE, NET JRF, NMAT, XAT)


    Name of the Process


    Application opens

    04 Jan 2023

    Deadline for submission of application

    03 April 2023

    Announcement of shortlist #

    Third week of April 2023

  • IFMR Graduate School of Business (IFMR GSB) offers a PhD degree under the auspices of Krea University.

    Krea University has been enacted by the Legislature of the State of Andhra Pradesh as per The Andhra Pradesh Private Universities (Establishmentand Regulation) (Amendment) Act, 2018 vide the gazette notification published on April 30, 2018 and listed in the University Grants Commission’s (UGC) website.