Krea University MBA Admission 2023: Application (Open), Fees, Eligibility, Entrance, Syllabus

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.

Krea University Important Dates

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Krea University MBA Eligibility Criteria

• The candidate should be born after Jan 1, 1996.
• 60% marks in Class X.
• 60% marks in Class XII.
• 60% marks in graduation.
• Freshers & experienced candidates are eligible.
• 75 percentile in CAT 2022 & 2023.
• 75 percentile in XAT 2022 & 2024.
• A minimum of 222 score in NMAT (Oct 2023 - Feb 2024)
• A minimum of 650 score in GMAT 2022, 2023 & 2024.
• A minimum of 310 score in GRE 2022, 2023 & 2024.

Krea University MBA Admission Guidelines

Selection Process

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.

• The shortlisted candidates will be called for Written Ability Test (WAT) and Personal Interview (PI).
• Written Ability Test (WAT) and Personal Interview (PI) are conducted on the same day.

How to Apply?

• Visit the official website of Krea University. (https://ifmrgsbadmissions.krea.edu.in/)
• Fill out the personal details, competitive exams, address for communication, academic details, details on extracurricular activities, work experience, and parent details
• Upload mark sheets and other educational documents.
• A non-refundable application fee of INR 1500/- has to be paid through Debit Card / Credit Card / Internet Banking, through the application portal before final submission of the application form.
• Shortlisted candidates will be intimated with details via email.

Read more: Krea University Admission

Krea University MBA Course Details

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:

During the Second year, the students get to choose any one of the electives provided by the university which includes:

• Economics
• Data Science and Information System
• Operations Management
• Finance & Accounting
• Strategy Management
• Marketing
• OB & HR 

Krea University MBA Fee Structure

The entire cost of the MBA program is INR 14.56 Lakhs. The detailed fee structure and the payment schedule is as follows:

• Fee payment should be made online only and is inclusive of tuition fee, provision of course materials, library, IT support, alumni association membership, course related software licensing cost, etc.
• The fee does not include any laptop charges as the student is required to bring his/her own laptop.
• The course is residential and hence staying in a hostel is mandatory. The hostel is located inside the University campus in Sri City.

Read more: Krea University Fee Structure

Krea University MBA Scholarships

• Full tuition fee waiver scholarship: The institute offers scholarships and full tuition fee waivers to help outstanding students overcome financial obstacles in their pursuit of quality education. The scholarships are awarded on the basis of their scores on competitive exams, academic records, and performance on admissions criteria such as written tests and interviews.
• Merit-Cum-Means Scholarship: The scholarship provides financial assistance to students with a minimum CGPA of 3.50 at the end of the first year and the family’s annual income is less than INR 10 LPA. The top 10 students who meet the eligibility criteria will be considered for the award of scholarship and the scholarship amount shall be up to INR 2 lakhs per student.
• T. Thomas Scholarship for Business Leaders: The scholarship is awarded to the second-year student of the outgoing batch. The scholarship amount shall be INR 1 Lakh. The winning candidate is decided by Hindustan Unilever Limited. 
• Merit Scholarships: The scholarship is offered to meritorious students at the end of the second year based on CGPA at the end of the second year. The student who ranks 1st is given INR 2 Lakhs. 2nd, 3rd, and 4th ranked students are given INR 1 Lakh each. In case the CGPA of two or more students is the same, the amount is distributed among the students. 

Krea University MBA Placements

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:

Krea University MBA Summer Internship Placements

Krea University Summer Internship Placements 2024 highlights are tabulated below:

Read more: Krea University Placements