Established in 1970,, The Institute for Financial Management & Research (IFMR) is a leading business school with the objective of moulding ambitious young men and women into competent and socially responsible organisational leaders in a global setting. The current Board of Governors, headed by Mr N. Vaghul, Ex. Chairman, ICICI Bank, consists of leaders of major corporations in India as well as respected academicians. IFMR Society is the sponsoring body of Krea university that has been enacted by the Legislature of the State of Andhra Pradesh as per The Andhra Pradesh Private Universities Act.