Krea University:Fees & Payment Mode

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Krea University is a private, multidisciplinary university located in Sri City, Andhra Pradesh, India. It was founded in 2018 by the IFMR Society, a non-profit organization that has been working in the field of education and research for over 50 years. Krea University is known for its innovative approach to education, which emphasizes interdisciplinarity, experiential learning, and social impact.

Krea University’s faculty members are highly qualified and experienced professionals from top universities around the world. They are committed to providing students with a rigorous and transformative education.

Krea University’s campus is state-of-the-art and features a variety of amenities, including well-equipped classrooms and laboratories, a library, a student center, and a sports complex.

Krea University is a relatively new university, but it has quickly gained a reputation for being one of the best universities in India. It has been ranked among the top universities in India by various publications, including The Week and Outlook India.

Highlights

Krea
  • Interwoven Learning: Krea University’s unique Interwoven Learning model encourages students to learn from different disciplines and perspectives. This helps students to develop a deeper understanding of the world around them and to become more well-rounded individuals.
  • Experiential Learning: Krea University places a strong emphasis on experiential learning. This means that students have the opportunity to learn by doing, through internships, field projects, and other hands-on activities.
  • Social Impact: Krea University is committed to making a positive social impact. Students are encouraged to get involved in social service projects and to use their knowledge and skills to make a difference in the world.
  • World-Class Faculty: Krea University’s faculty members are highly qualified and experienced professionals from top universities around the world. They are committed to providing students with a rigorous and transformative education.
  • State-of-the-Art Campus: Krea University’s campus is state-of-the-art and features a variety of amenities, including well-equipped classrooms and laboratories, a library, a student center, and a sports complex.

Important Dates

Event Date
Application portal opens October 3, 2023
Application deadline November 15, 2023
Assessment November 23-25, 2023
Personal Interaction or/& Case discussion December 2-9, 2023
Admissions Decision December 16, 2023
Last date for acceptance January 21, 2024

Rankings

Krea University is a relatively new university, but it has quickly gained a reputation for being one of the best universities in India. It has been ranked among the top universities in India by various publications, including:

  • NIRF 2023: 74th in Management
  • The Week 2023: 10th in Private Universities
  • Outlook India 2023: 14th in Private Universities

Krea University is also ranked among the top universities in India for its MBA program. According to Collegedunia.com, Krea University’s MBA program is ranked 115th out of 608 colleges in India in 2023.

Courses,Fees & Eligibility

Course Fees (INR per annum) Eligibility
Bachelor of Arts (BA) in Liberal Arts 8,15,000 60% aggregate in Class 12 from a recognized board
Bachelor of Science (BSc) in Data Science 8,15,000 60% aggregate in Class 12 with PCM/PCB from a recognized board
Bachelor of Business Administration (BBA) 8,15,000 60% aggregate in Class 12 from a recognized board
Master of Arts (MA) in Public Policy 14,60,000 50% aggregate in graduation and a valid GMAT/CAT/XAT score
Master of Science (MSc) in Economics 14,60,000 50% aggregate in graduation and a valid GMAT/CAT/XAT score
Master of Business Administration (MBA) 14,60,000 50% aggregate in graduation and a valid GMAT/CAT/XAT score

Admission

Krea University has a holistic admissions process that considers a variety of factors, including academic performance, standardized test scores, personal essays, letters of recommendation, and interviews.

To apply to Krea University, students must submit the following:

  • Completed online application form
  • Application fee
  • Official transcripts from all high school and college coursework
  • Standardized test scores (GMAT/CAT/XAT)
  • Personal essays
  • Letters of recommendation
  • Interview (may be required)

Here are some tips for increasing your chances of admission to Krea University:

  • Get good grades in high school and college.
  • Take challenging courses, such as AP and IB classes.
  • Do well on standardized tests, such as the GMAT, CAT, or XAT.
  • Write strong personal essays that highlight your unique talents, experiences, and goals.
  • Get letters of recommendation from teachers and other mentors who know you well.
  • Prepare for your interview by practicing your answers to common questions and by learning about Krea University.

Payment Mode

Krea University offers a variety of payment modes for students to pay their tuition fees and other expenses. Students can pay their fees online, through bank transfer, or through demand draft.

Here are the different payment modes available for Krea University students:

  • Online payment: Students can pay their fees online using a credit card, debit card, or net banking.
  • Bank transfer: Students can transfer their fees to Krea University’s bank account through NEFT or RTGS.
  • Demand draft: Students can send a demand draft in favor of “Krea University” to the following address

Placements

Krea University has a strong placement record. In 2023, the average salary package for Krea University MBA graduates was INR 13.5 LPA, with the highest salary package being INR 22.9 LPA. Over 100 companies participated in the Krea University placements in 2023, including top companies such as Deloitte, KPMG, Nomura, and HSBC.

Here are some of the companies that visit the krea University for placements:

  • Accenture
  • Capgemini
  • Cognizant
  • Deloitte
  • HCL Technologies
  • Infosys
  • L&T Infotech
  • Mahindra & Mahindra
  • Tech Mahindra
  • TCS
  • Wipro

Scholarships

Krea University offers a number of scholarships to students based on merit, financial need, and other criteria. Some of the most popular scholarships include:

  • Krea Merit Scholarship: This scholarship is awarded to students who demonstrate outstanding academic achievement. The scholarship amount varies depending on the student’s academic performance.
  • Krea Financial Aid Scholarship: This scholarship is awarded to students who demonstrate financial need. The scholarship amount varies depending on the student’s financial situation.
  • Krea Diversity Scholarship: This scholarship is awarded to students from underrepresented groups. The scholarship amount varies depending on the student’s background and experiences.
  • Krea Sports Scholarship: This scholarship is awarded to students who excel in athletics. The scholarship amount varies depending on the student’s athletic achievements.
  • Krea Creative Arts Scholarship: This scholarship is awarded to students who excel in the creative arts, such as music, theater, and visual art. The scholarship amount varies depending on the student’s artistic achievements.

Frequently Asked Questions

Ashoka is more established, and has their campus, infrastructure and faculty in place. We’ve visited it, and the hostel, library, students, and especially the amazing faculty have just wowed us! Especially the history and literature faculty

Krea University’s sponsoring body, IFMR Society was set up in 1970 as a not-for-profit society focused on research, training and education in the areas of macro and micro economics, finance and management including a full-fledged business school.

The founding batch of 2022 has 113 students while Krea University received over 1200 applications. This makes Krea University’s acceptance rate 9.4% and this would only reduce every year! What is Krea University’s acceptance rate? For the first cohort, there were over 1200 applicants.

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