Krea University offers a two-year full-time residential Master of Business Administration (MBA) course. 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. 

Krea University boasts a 100% placement track record with students getting recruited by 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 the CAT/ XAT/ CMAT/ NMAT/GMAT/ GRE entrance exam.

Krea University MBA Important Dates 2024

The table below shows the important admission dates of Krea University MBA Admission 2024:

Events Round 2 Round 3 Round 4
Application Closes (Tentative) February 29, 2024 March 30, 2024  April 30, 2024 
Interview Registration (Tentative) March 15, 2024  April 10, 2024  May 07, 2024 
Interview Dates (Tentative) April 13, 2024 (Offline)  April 21 – April 22, 2024 May 11 – May 14, 2024
Registration, Orientation & Class Begin (Tentative) First Week of July 2024 

Krea University MBA Eligibility Criteria

Here is the eligibility criteria for an MBA at Krea University:

  • The candidate must have a Bachelor’s degree with 60% marks in any stream either in full-time, open, or distance learning mode.
  • Final-year students can also apply.
  • Must have appeared in either entrance exams CAT / XAT / CMAT / GRE / GMAT.
  • Candidates with work experience less than or equal to 36 months on the last date of application are eligible to apply.

Selection Process

Applicants will be shortlisted based on Class X and XII marks as well as the UG program. Candidates can also submit their CAT/GMAT/GRE/XAT/ CMAT/ NMAT results, as chosen by the candidate.

  • The shortlisted candidates will be called for a 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. 
  • Fill out the personal details, competitive exams, address for communication, academic details, details on extracurricular activities, work experience, and parent details in the application form. 
  • Upload mark sheets and other educational documents.
  • A non-refundable application fee of INR 1500 has to be paid through a Debit Card / Credit Card / Internet Banking, through the application portal before the final submission of the application form.
  • Shortlisted candidates will be intimated with details via email.

Read more: Krea University Admission

Krea University MBA Cutoff 2024

The table below shows the Krea University MBA cutoff based on various exams:

Exam Cutoff 2024 
CAT 2022 & 2023 75 Percentile
XAT 2023 & 2024 75 Percentile
NMAT Oct 2023 – Feb 2024 222 Score
CMAT 2024 AIR up to 7200
GMAT 2022, 2023, 2024 650 Scores
GRE 2022, 2023, 2024 310 Scores 

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:

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:

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

Krea University MBA Fees 2024 

The entire cost of the MBA program is INR 14.56 Lakhs at Krea University. The detailed fee structure and the payment schedule are 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 40,000
Balance First Installment Fee:
Part 1 of the First Installment Fee INR 1,35,000
Part 2 of the Second Installment Fee INR 1,35,000
Part 3 of the Third Installment Fee INR 1,35,000 
Refundable Caution Deposit INR 35,000 June 20, 2024
1st Year - Living Fee (Boarding & Lodging Charges including laundry charges up to INR 500/- per month) INR 2,00,000 June 20, 2024
Tuition Fee: 2nd Installment INR 4,45,000 Nov 30, 2024
Tuition Fee: 3rd Installment INR 5,66,000 June 30, 2025
2nd Year - Living Fee (Boarding & Lodging Charges including laundry charges up to INR 500/- per month) INR 2,10,000 June 30, 2025
Alumni Fee INR 5,000 Jun 30, 2025
  • 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 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

Krea University offers various scholarships to MBA students as follows:

  • Merit-Cum-Means Scholarship: The scholarship provides financial assistance to students with a minimum CGPA of 3.33 at the end of term 3 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 this 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. The student who ranks 1st is given INR 2 Lakhs. The next three rank holders are given INR 1 Lakh each. 

Krea University MBA Placements 2024

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 MBA 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

Krea University Placements: Summer Internships

Krea University Summer Internship Placements 2023 highlights are tabulated below:

Particulars Internship Statistics (2022-24)
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

Krea University MBA FAQs

Ques. Is work experience mandatory for admission to MBA programs at Krea University?

Ans. No, work experience is not mandatory for admission to MBA courses. Candidates with work experience of 0 to 36 months, as of the date of the deadline for submission of application, are also eligible to apply.

Ques. Does Krea University have any Quota for admission to MBA courses?

Ans. Krea University does not have any Quota for MBA students. The admissions are purely based on merit and entrance exam scores.

Ques. What are the career prospects after pursuing MBA from Krea University?

Ans. Krea University places MBA students in impactful roles across various domains and organizations. Some of the top recruiters include Accenture, Bank of America, Barclays, Credit Suisse, Crisil, Deloitte USI, E&Y, Genpact, HDFC Bank, ICICI Prudential Life, Philips, Schneider Electric, Temenos, Wipro, and many more. 

Ques. How are the placements for MBA at Krea University?

Ans. Krea University offers 100% placements to its MBA students. The university placed 184 MBA students during the placement drive 2023. The highest and average package of Krea University is INR 22.50 LPA and INR 13.50 LPA. Many top organizations like Nomura, Deloitte, KPMG, Barclays, Crisil, JP Morgan Chase participate in the Krea University placements. 

Ques. Does Krea University offer scholarships for the MBA program? 

Ans. Krea University offers scholarship facilities to deserving students enrolled in the MBA course. It also offers loan facilities to meet the financial needs of the students.