Course Duration
2 YearsTotal Fees
13.86 LakhsTotal Fees | ₹ 13.86 Lakhs |
Krea University offers a two-year full-time residential Master of Business Administration or MBA Programme. It offers almost 22 core and 55 elective subjects across 9 disciplines spanning over a period of 2 years. The course is offered by IFMR Graduate School of Business.
The academy boasts a 100% placement track record with students getting recruited in top firms with best in industry salary packages. The institute also offers internships to the students with handsome stipends and the highest being INR 1 Lakh p.m. For the MBA program, the candidates must have completed a graduate degree. Candidates must have a valid score in CAT/ XAT/ CMAT/ NMAT/GMAT/ GRE entrance exam.
Table of Content
3.1 How to Apply?
Events | Round 1 | Round 2 | Round 3 | Round 4 | Round 5 |
---|---|---|---|---|---|
Application Process (Tentative) | October 25, 2023 | ||||
Application Closes (Tentative) | December 30, 2023 | January 29, 2024 | February 26, 2024 | March 26, 2024 | April 30, 2024 |
Interview Registration (Tentative) | January 3, 2024 | January 31, 2024 | February 28, 2024 | March 28, 2024 | May 8, 2024 |
Interview Dates (Tentative) | January 7 - 8, 2024 | February 4 - 6, 2024 | March 4 - 5, 2024 | April 1 - 2, 2024 | May 13 - 15, 2024 |
Registration, Orientation & Class Begin (Tentative) | June 28, 2024 |
Check Krea University
Applicants will be shortlisted on the basis of 10th, 12th as well as UG program and CAT/GMAT/GRE/XAT/ CMAT/ NMAT results, as chosen by the candidate.
Read more: Krea University Admission
The IFMR GSB first-year curriculum now includes core courses that inter-weave skills across management disciplines and liberal arts. These courses are co-taught by faculty members from multiple disciplines, as well as industry experts. First-year core courses are:
Term 1 | Term 2 | Term 3 |
---|---|---|
Managerial Economics | Macroeconomics | Corporate Finance |
Accounting for Management – I | Accounting for Management – II | People Management |
Managing Self and Teams | Foundations of Finance | Business Ethics |
Management Information Systems | Leading Organisations | Market Research |
Design Thinking and Problem Solving | Managerial Communication | Advanced Statistics for Managerial Decision Making |
Marketing Management | Basic Statistics for Managerial Decision Making | Operations Management |
Introduction to Managerial Decision Making | Strategic Management | - |
During the Second year, the students get to choose any one of the electives provided by the university which includes:
The entire cost of the MBA program is INR 14.56 Lakhs. The detailed fee structure and the payment schedule is as follows:
Fee Description | Amount (In INR) | Date |
---|---|---|
Tuition Fee: 1st Installment inclusive of Admission Acceptance Fee: | - | To be paid when accepting the offer |
Admission Acceptance Fee | INR 35 K | |
Balance First Installment Fee | - | |
Part 1 of the First Installment Fee | INR 1.34 Lakhs | |
Part 2 of the Second Installment Fee | INR 1.34 Lakhs | |
Part 3 of the Third Installment Fee | INR 1.34 Lakhs | |
Refundable Caution Deposit | INR 25 K | June 20, 2023 |
1st Year - Living Fee (Boarding & Lodging Charges including laundry charges up to INR 500/- per month) | INR 1.80 Lakhs | June 20, 2023 |
Tuition Fee: 2nd Installment | INR 4.37 Lakhs | Nov 30, 2023 |
Tuition Fee: 3rd Installment | INR 5.82 Lakhs | June 30, 2024 |
2nd Year - Living Fee (Boarding & Lodging Charges including laundry charges up to INR 500/- per month) | INR 1.95 Lakhs | June 30, 2024 |
Alumni Fee | INR 5 K | Jun 30, 2024 |
Read more: Krea University Fee Structure
Krea University Placements 2023 is concluded. 100% of the batch have been placed. Krea University highest package stood at INR 22.90 LPA while Krea University average package increased more than 22% at INR 13.50 LPA. More highlights of Krea University Placements 2023 are tabulated below:
Particulars | Placements Statistics 2023 |
---|---|
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 |
Top Recruiters | Nomura, Deloitte, KPMG, Barclays, Crisil, JP Morgan Chase |
Krea University Summer Internship Placements 2024 highlights are tabulated below:
Particulars | Internship Statistics (2022-24) |
---|---|
Batch Size | 174 |
Highest Stipend | - |
Average Stipend | INR 22,000 |
Top 25% Average Stipend | INR 55,300 |
Top 50% Average Stipend | INR 40,500 |
Top Recruiters | DE Shaw & Co., Dell, Morgan Stanley, Barclays |
Read more: Krea University Placements
Ques. Is work experience mandatory for admission to MBA programs at Krea University?
Ques. Does Krea University have any Quota for admission to MBA courses?
Ques. What are the career prospects after pursuing MBA from Krea University?
Ques. Are the students of Krea University provided with any Industrial Exposure during their MBA course?
Ques. Does Krea University offer scholarships for the MBA program?
Total Fees
₹ 13,86,000Total Fees
₹ 13,86,000Total Fees
₹ 13,86,000Total Fees
₹ 13,86,000Highest Placement | ₹ 22.9 Lakhs |
Average Placement | ₹ 13.5 Lakhs |
Top Companies |
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.