Krea University is one of the top universities for Liberal Education. Krea University has been enacted by the Legislature of the State of Andhra Pradesh as per The Andhra Pradesh Private Universities (Establishment and Regulation) (Amendment) Act, 2018 vide the gazette notification published on April 30, 2018. The university is a state-private university approved by UGC. As per the NIRF Ranking 2023, the university is ranked 74th in the Management Category. IFMR Society is the sponsoring body of the University. Institute for Financial Management and Research (IFMR) has wide and deep experience in education and research for the past 48 years.
Krea Univerity offers BA, B.Sc. at the UG level, MBA at the PG level and Ph.D. at the doctoral level. Apart from these courses, the university offers certification courses as well. IFMR Graduate School of Business (GSB) at Krea University offers 5-year Integrated BBA + MBA, 2 years MBA, Ph.D., and customised Management Development programs, including Executive Education programs
The university charges a one-time application fee of INR 500. The institute has a strong team of faculty members and great infrastructural facilities. It has witnessed an excellent placement record over the years with satisfactory packages.
Here are some highlights of Krea University.
Krea University Highlights | |
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Name of the Institute | Krea University |
Established | Institute Type | 2018 | Private |
Location | 5655, Central Expressway, Sri City, Andhra Pradesh 517646 India |
Approved by | UGC |
Courses Offered | UG, PG, Doctorate |
Admission Criteria | Merit & Entrance based |
Entrance Exams Accepted | MBA: CAT/NMAT/XAT/CMAT/GMAT/GRE |
Application Mode | Online |
Top Recruiters | Infosys, JP Morgan Chase, Morgan Stanley, HSBC, Honeywell, Accenture |
Campus Area | 40 acres |
Facilities Available | Sports, Hostel, Library, Laboratories, Dining |
Official Website | www.krea.edu.in |
Krea University offers various courses. The university offers BA, B.Sc. at the UG level, MBA at the PG level and Ph.D. at the doctoral level. Apart from these courses, the university offers certification courses as well.
Here is some information on Krea University Courses & Fees
Course Name | Course Details | Eligibility Criteria | Selection Criteria |
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B.A. (Hons.)/B.Sc (Hons.) | Duration: 3 Years Tuition Fee: INR 8,15,000 Per Annum |
Grade XII or equivalent or should have passed Grade XII or equivalent | SAT/Interview/Group Discussion |
MBA | Duration: 2 Years Specializations: Quantitative Finance, Data Sciences, Banking, Financial Services & Insurance (BFSI) Total Tuition Fee: INR 14,56,000 |
Any Graduate | Valid score in CAT, XAT, CMAT, GMAT, and GRE |
Ph.D. | Duration: 4/5 Years Specializations: Economics, Operations Management, Information System and Data Science, Organizational Behavior and Human Resources Management, Finance, Strategic Management, Marketing |
Post-Graduation | Merit-Based |
Check more: Krea University Courses and fees
Krea University Admission 2024 is open. Krea University has been sponsered by IFMR Society. The university is inviting applications for BA (Hons.), B.Sc. (Hons), MBA, and Integrated BBA-MBA courses.
Here are the steps to apply for Krea University Admission 2024.
Note: Applicant should submit the completed form along with an application fee payment of Rs. 500 for proceeding with the evaluation & admissions process.
The selection criteria and the application procedure are different for all the courses at Krea University. The application procedure for UG and MBA programs is online while the procedure is offline in the case of a Ph.D. Here are some details for the same.
Read more: Krea University Admission
Krea University Placements 2023 is concluded with 100% of the batch placed with top-notch companies. The highest and average package of Krea University is INR 22.9 LPA and INR 13.50 LPA for the MBA Batch 2023. The average package rose by 22% as compared to the last year. The highest internship stipend of Krea University is INR 1 Lakh per month.
More highlights of Krea University Placements 2023 are tabulated below:
Particulars | Placements Statistics 2023 |
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Number of Recruiters | 55 |
Number of New Recruiters | 14 |
Number of Students | 184 |
Number of PPOs | 30 |
Highest Package | INR 22.90 LPA |
Average Package | INR 13.50 LPA |
Top 10% Average Package | INR 19.20 LPA |
Top 25% Average Package | INR 17.30 LPA |
Top 50% Average Package | INR 15.60 LPA |
Median Package | INR 13.10 LPA |
Krea University Summer Internship Placements 2023 highlights are tabulated below:
Particulars | Internship Statistics (2022-24) |
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Batch Size | 174 |
Highest Stipend | INR 1,00,000 Per Month |
Average Stipend | INR 22,000 Per Month |
Top 25% Average Stipend | INR 55,300 Per Month |
Top 50% Average Stipend | INR 40,500 Per Month |
Here is a list of some top recruiters at Krea University Placements.
Krea University Placements: Top Recruiters | ||||
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Axis Bank | HSBS | Wells Fargo | Barclay | Deloitte |
PWC | Accenture | Caredge | Oracle | Infosys |
HCL | ICICI Bank | Cognizant | Standard Chartered | Tally |
Read more: Krea University Placements
Krea University offers merit-based academic scholarships to students under the Krea SIAS programme. Every year, merit-based academic scholarships are awarded for the Krea SIAS programme, with a full 100% tuition waiver to a 20% tuition waiver. There is no separate application for the merit scholarship. Those shortlisted for the scholarship will be intimated after every round of admission, but the formal offer will go out after Round 4.
Krea University comprises a 40-acre fully residential green campus located 70 kilometres north of Chennai in Sri City, Andhra Pradesh. The university provides many facilities to the students to make the learning environment more interesting and engaging. Some of them are mentioned below:
Read more: Krea University Hostel
Krea University’s Schools & Centres are mentioned below:
Krea University Schools & Centres | ||
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School of Interwoven Arts and Sciences | IFMR Graduate School of Business | LEAD (Leveraging Evidence for Access and Development) |
LEAD (Leveraging Evidence for Access and Development) | Centre for Digital Financial Inclusion (CDFI) | Inclusion Economics India Centre |
Moturi Satyanarayana Centre for Advanced Study in the Humanities and Social Sciences | Centre for Writing and Pedagogy (CWP) | Sapien Labs Centre for the Human Brain and Mind |
Water, Environment, Land & Livelihoods (WELL) Labs |
Ques. How are the faculties at Krea University?
Ans. The Faculty members at this University are very well-qualified and highly knowledgeable in their respective fields. Almost all the Faculty staffs are Ph.D. holders and Scholars. Each and every faculty member is also a champion in applying an interdisciplinary approach in their teaching style.
Ques. What is the highest salary package offered at Krea University?
Ans. In the last placement session, the highest package offered was INR 22.90 LPA whereas, the average package was INR 13.50 LPA
Ques. Does Krea University provide financial assistance?
Ans. Yes, the university provides financial support to students by offering scholarships like Merit-cum-Means Scholarships, T. Thomas Scholarship for Business Leaders, and Merit Scholarships
Ques. I am a graduate having work experience of 1 year. Am I eligible for MBA at Krea University?
Ans. Yes, any graduate having work experience of less than or equal to 36 months is eligible
Ques. What are the total fees of an MBA at Krea University?
Ans. The total fee for Krea University MBA is INR 14,56,000 which is quite less compared to many colleges.
Ques. Who are the top recruiters at Krea University Placements?
Ans. The top recruiters at Krea University Placements are Axis Bank, HSBS, Wells Fargo, Caredge, Oracle, Infosys, ICICI Bank and many more.
Ques. What are the courses offered at Krea University?
Ans. Krea University offers various courses. The university offers BA, B.Sc. at the UG level, MBA at the PG level and Ph.D. at the doctoral level. Apart from these courses, the university offers certification courses as well.
Ques. Where is Krea University located?
Ans. The exact location of Krea University is 5655, Central Expressway, Sri City, Andhra Pradesh 517646 India.
Top Courses | 1st Year Fees | Total Fees | Eligibility | Ranking | Application Dates |
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MBA (Marketing) +3 More MBA Courses | - | ₹13.86 Lakhs | Graduation | 74 out of 125 by NIRF View More | 25 Oct - 21 Apr 2024 |
B.Sc {Hons.} (Computer Science) +5 More B.Sc {Hons.} Courses | ₹7.71 Lakhs | ₹21.91 Lakhs | 10+2 | - | - |
BA {Hons.} (Economics) +3 More BA {Hons.} Courses | ₹7.71 Lakhs | ₹21.91 Lakhs | 10+2 | - | - |
Total Fees
₹ 13,86,0001st Yr Fees
₹ 7,70,5001st Yr Fees
₹ 7,70,500Basic Information About Faculty
Professor of Practice, Arts Director of Media Lab
Senior Fellow, Arts and Literature
Assistant Professor of Practice, Arts
Assistant Professor, Arts and Humanities
Associate Professor of Practice, Literature & Arts Cultural Program Curator
Senior Assistant Professor, Arts and Humanities
Associate Professor of Practice, Arts
Assistant Professor, Humanities and Environmental studies
Assistant Professor, Environmental Studies
Basic Information About Facilities
Krea University is a newly established university, students tend to have their doubts while opting for it. Ashoka University on the other hand is a well-known esteemed university and is a brand tag in itself resulting in a huge number of aspirants.
Academics:
Faculty:
Location:
Financial aid:
Krea University is undoubtedly a rising to the top university and would be filled with challenges if you opt for it. For now, Ashoka University seems to suit better for any student.
Ashoka University is established in a better manner with its campus, facilities, and members of faculty. Here are some of the facts about both Ashoka and Krea.
I would suggest that you should take into account the location of both these universities before making your decision.
Krea University has such a diverse group of students. Almost everyone has distinct schedules for the day. According to some of my friends studying there,
Everyone has a varied schedule for studying and finishing assignments that are due. You will see a diverse group of people, some of whom may be wandering around campus or sitting inside the library or other establishments such as Longue till it shuts.
Saturdays and Sundays are non-working days at Krea University, some students may sleep all day or go out and do other activities. Every day is exciting, enjoyable, surprising, intriguing, and incredible at Krea University.
One of my friends is from Krea University. According to him and after doing some research online I gathered the following things.
Based on the family income of the students, Krea University offers financial aid to support them. They have initiated a work-study program as well. The campus has a great serene environment creating a calm, positive atmosphere all over the campus.
This answer is based on what my brother experienced during his immersion day at Krea University.
My brother thought their method of picking candidates was quite interesting and unique. He was never bored during the sessions because he learned a lot from the professors and the student debates.
One of my friends studied at Krea University. According to him, their U.G programme admissions process is both unique and innovative.
The following is the procedure for admission:
Due to the current pandemic, the UG admissions at Krea University will be done via online mode, for the time being, to comply with regulations implemented by the concerned authorities in the interest of the health and safety of the applicants and staff members of Krea University.
One of my friends studied at Krea University. According to him, it is well-known for offering a wide range of curriculums to its students.
The academic structure is such that provides students with enough time to discover their passion and interest in channeling their creativity for the betterment of their future. Some of the clubs active in the campus are Conversation, Dance, Fine arts, Gaming, I&E (Innovation and entrepreneurship), Literary Arts, Media Arts, and many more.
The major differentiating factor between the two is that while Ashoka is a reputed university that has made a name for itself Krea University is comparatively new to people and has yet to achieve that place.
Certain points that one can consider while comparing the above two institutes are:
FACULTY:
Apparently since Ashoka University is much older and more reputed than Krea University it provides elite professors to its students. Although the faculty at Krea is also amazing it still lacks when compared to that of Ashoka’s.
FEE STRUCTURE:
Apparently, Ashoka university is a bit more expensive than Krea University. Although both universities have provisions for education loans, financial aid etc. (refer to college brochure for details). Also, the details of fee structure for the mentioned course in respective colleges is as follows:
INTERNATIONAL EXPOSURE:
Interacting people with different backgrounds is one of the essential components of Liberal Arts.
Ashoka’s Summer Abroad/Semester Abroad programs provide students with these opportunities. This is because they also have tie-ups with some of the best institutes of the world including University of Pennsylvania, Yale University, University of California-Berkeley etc. which also provides their students to attend guest lectures from the professors of best universities of the world.
However, Krea University has also partnered with some elite international organisations (i.e. the Academic Internship Council (AIC), University College Cork (UCC), Australia Council for the Arts and University of Wellington (UoW) New Zealand India Research Institute (NZIRI)). And the number is yet to increase with time.
STUDENT GROUP AND PLACEMENTS:
Since Ashoka has established a name for itself it attracts mostly the best students of the country due to its past records and reputation which is a feat that Krea University will take some time to achieve since it is a newly established university (for UG in liberal arts).
Ashoka University maintains a decent track record of placements including recruiters such as RBL BANK, Albright Stonebridge Group (ASG), Microsoft Research (SGO), McKinsey & Co, Ernst & Young (EY), Bloomberg Quint, Mu Sigma, Boston Consulting Group etc. with average package offers ranging from 7-9 LPA.
Whereas since the first batch of liberal arts at Krea was incepted in the year 2018 the placements scenario is yet to unfold.