IFMR GSB and SIAS 2027 Fee Structure Released; Check Programme-Wise Tuition and Payment Schedule

The Krea University has released the 2027 fee structure for the Institute for Financial Management and Research Graduate School of Business (IFMR GSB) and the School of Interwoven Arts and Sciences (SIAS) on the official website at krea.edu.in. The updated fees cover the two-year Master of Business Administration (MBA), the five-year Integrated MBA (IMBA), and the three-year Bachelor of Arts and Bachelor of Science (BA and BSc) Honours programmes.

The notification lists tuition amounts, living expenses, caution deposits, and instalment deadlines for each programme. Candidates must pay the acceptance fee within one week of receiving the offer. All fee payments must be made through the online mode only.

IFMR GSB MBA 2027-29 Fee Structure

The total tuition fee for the two-year MBA programme is Rs 16,00,000. This amount does not include living expenses or the alumni fee. The fee is split across three main instalments after acceptance.

Candidates must also pay a refundable caution deposit of Rs 35,000 and a Year-1 living fee of Rs 2,25,000 by 20 June 2027. The living fee covers boarding, lodging, and laundry up to Rs 500 per month. Medical insurance charges are part of the living fee. Hostel stay is mandatory on campus, and students must arrange their own laptops.

IFMR GSB IMBA 2027 Fee Structure

The five-year Integrated MBA charges Rs 5,00,000 per annum in tuition for the first three years. Years 4 and 5, which cover the MBA phase, will cost Rs 8,00,000 per annum. The amount for the later years is subject to revision.

The living fee for Year 1 is due by 1 July 2027. Instalments 2 to 9 of Rs 1,60,000 each are payable quarterly from September 2027 through December 2029. The caution deposit is refunded at graduation after adjusting outstanding student dues.

SIAS BA and BSc Honours 2027-31 Batch Fee Structure

The three-year BA and BSc Honours programmes at SIAS carry a tuition fee of Rs 8,75,000 per annum. This amount is subject to yearly revision. Living expenses are set at Rs 2,25,000 per annum and include launderette costs up to Rs 500 per month.

The acceptance package totals Rs 1,20,000, which covers the admission fee and Rs 85,000 toward tuition. Trimester 2 and Trimester 3 payments are Rs 3,65,000 each, combining tuition and living expenses. The refundable deposit of Rs 50,000 is returned at graduation subject to recoveries.

How to Check the Fee Structure at krea.edu.in?

1. Visit the official Krea University website at krea.edu.in.
2. Navigate to the Admissions section for IFMR GSB or SIAS.
3. Select the desired programme: MBA, IMBA, or BA/BSc Honours.
4. Click on the Fee Structure and Payment tab.
5. Download or note the instalment schedule and deadlines.

Refund Policy for SIAS Applicants

SIAS follows a tiered refund model tied to the admission deadline. A full refund is available up to 15 days before the admission deadline. The refund percentage drops to zero for cancellations 30 days after the admission closure. The one-time deposit of Rs 50,000 is refunded at graduation.

Action Plan for Candidates

1. Visit the official Krea University page for your target programme.
2. Review the tuition, living fee, and caution deposit amounts.
3. Note down the acceptance fee deadline of one week from the offer.
4. Plan funds for the Year 1 living fee due in June or July 2027.
5. Arrange online payment access, since offline modes are not accepted.

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