Krea University, Sri City, Chittor: Admission 2024, Courses, Fee, Placements, Cutoff & Ranking

 Krea University, established in 2018 in Sri City, Andhra Pradesh, is a private institution recognized by the UGC. It was founded under the Andhra Pradesh Private Universities Act and is sponsored by the Institute for Financial Management and Research (IFMR). The university focuses on an innovative educational approach known as “Interwoven Learning,” which integrates liberal arts and sciences to foster critical thinking and problem-solving skills.

Krea University offers a variety of undergraduate and postgraduate programs, including B.A. (Hons), B.Sc. (Hons), BBA, and MBA. The fees for these programs are approximately INR 23.11 lakhs for undergraduate courses and INR 13.86 lakhs for the MBA program.

In the NIRF 2024 rankings, Krea University is positioned at 99th place among Indian universities, reflecting its growing reputation in higher education. The university has a strong placement record; during the 2023 placement season, the highest package offered was INR 22.90 lakhs per annum, with an average package of INR 13.50 lakhs per annum for MBA graduates.

The campus spans 40 acres and includes modern facilities such as state-of-the-art classrooms, laboratories, a library with over 28,500 books, sports facilities, and hostels equipped with common areas for student interaction. Krea University emphasizes a holistic educational experience that prepares students for real-world challenges through partnerships with various sectors.

Krea University, Sri City, Chittor: MBA/PGDM Course and Fees 2024

Krea University, located in Sri City, Chittoor, offers a two-year full-time MBA program through its IFMR Graduate School of Business. The program is designed to provide a comprehensive understanding of business management with a focus on practical learning and industry engagement. The total fee for the MBA program is approximately INR 14.56 lakhs, which includes tuition and other charges.

MBA/PGDM Courses, Duration, and Fees

FAQs on Course and Fees 2024

 1. What are the fees at Krea University?
The total tuition fees for the MBA program at Krea University is approximately INR 14.56 lakhs for the two-year duration. This fee structure covers tuition and other associated costs, excluding additional expenses like accommodation and meals.

2. What is the criteria for MBA in Krea?
To be eligible for the MBA program at Krea University, candidates must hold a Bachelor’s degree with a minimum of 60% marks and have appeared for entrance exams such as CAT, XAT, CMAT, GMAT, or GRE. Work experience is not mandatory; however, candidates with up to 36 months of experience can apply.

3. What is the fee structure for MBA at Krea University?
The fee structure for the MBA program at Krea University includes a total tuition fee of around INR 14.56 lakhs, which is payable over two years. Additional costs may include accommodation fees, which are separate from the tuition fees.

Krea University, Sri City, Chittor: Admission Process and Important Dates 2024

Krea University offers admission to its management programs, including the MBA, through a rigorous and multifaceted process. The admission is based on merit and performance in national entrance exams.

Admission Process

• Online Application: Candidates must fill out the online application form available on the university’s official website, providing personal details, academic records, and entrance exam scores.
• Entrance Exam: Krea University accepts scores from national-level management entrance exams such as CAT, XAT, CMAT, NMAT, GMAT, and GRE. Candidates must have a valid score in any of these exams.
• Written Ability Test (WAT): Shortlisted candidates are required to appear for a Written Ability Test, which evaluates their written communication skills.
• Personal Interview (PI): After the WAT, candidates will be interviewed by the admission panel to assess their overall personality, communication skills, and motivation for pursuing the program.
• Final Selection: Based on the candidate’s performance in the entrance exam, WAT, PI, and academic records, the final selection will be made.

Important Admission Dates for 2024

Krea University’s admission process is designed to attract talented individuals who align with the university’s vision of holistic development and interdisciplinary learning. The admission dates for 2024 are subject to change, and candidates are advised to regularly check the university’s official website for updates.

FAQs on Admission Process and Important Dates 2024

1. What is the last date for MBA admission 2024?
The last date for MBA admission at Krea University for Round 1 is tentatively set for February 29, 2024. Subsequent rounds have deadlines in March and April, with the final round closing on May 17, 2024.

2. Is it difficult to get into Krea University?
Admission to Krea University is competitive, with an acceptance rate of around 27%, indicating a selective process. Candidates are evaluated based on their entrance exam scores, written ability tests, and personal interviews.

3. What is the Krea aptitude test?
The Krea Aptitude Test is an 80-minute assessment designed to evaluate candidates’ abilities to organize, synthesize, and articulate their thoughts on various topics. It serves as a crucial part of the admission process, helping to gauge the overall capabilities of applicants.

4. Can I get direct admission at Krea University?
Direct admission at Krea University is not typically available; candidates must go through the complete admission process, which includes entrance exams and interviews. However, students can apply for the integrated MBA program if they meet the eligibility criteria.

Krea University, Sri City, Chittor: Placements 2023

In 2023, Krea University in Sri City, Chittoor, achieved remarkable MBA placement results, with the highest package reaching INR 22.90 LPA and the average package standing at INR 13.50 LPA. The university recorded a 100% placement rate, with BFSI being the top recruiting sector at 56%, followed by consulting at 22% and IT at 17%. A total of 55 recruiters participated in the placement drive, including prominent companies such as Deloitte, PwC, Infosys, EY, and HSBC India.

Krea University’s corporate relations services effectively connect students with industry opportunities, complemented by a robust 10-week summer internship program that enhances practical experience. The university offers a diverse range of undergraduate and postgraduate programs, with its flagship courses being BBA and MBA.

FAQs in Placements 2023

1. What is the placement of Krea University 2023?
In 2023, Krea University achieved a remarkable placement record, with the highest package reaching INR 22.90 LPA and an average package of INR 13.50 LPA for MBA graduates. The university successfully placed all 184 students, showcasing its strong industry connections and effective placement strategies.

2. What is the average package for Krea MBA?
The average package for MBA graduates from Krea University in 2023 was INR 13.50 LPA, reflecting a significant increase from the previous year’s average. This growth indicates the university’s commitment to enhancing student employability through quality education and industry engagement.

3. What is the placement rate for Krea University 2023?
Krea University recorded a 100% placement rate for its MBA batch in 2023, ensuring that all students secured job offers. This achievement highlights the effectiveness of the university’s placement cell and its strong relationships with leading recruiters across various sectors.

• Total enrollment : 240
• No. of international students : 10
• Ranking by NIRF : 74