KREA University
- Release Date : November 22, 2024
- Last updated : December 19, 2024
KREA University
Krea University, located in Sri City, Andhra Pradesh, is a private, liberal arts and sciences university established in 2018. The institution’s mission is to foster critical thinking, interdisciplinary learning, and ethical leadership among its students. It offers undergraduate and postgraduate programs with a flexible curriculum designed to encourage a holistic and well-rounded education. Krea University is supported by prominent Indian business leaders and academics, aiming to build a model for transformative education in India.
1. Programs and Courses Offered
Undergraduate Programs:
- School of Interwoven Arts and Sciences (SIAS): Offers B.A. (Honors) and B.Sc. (Honors) in various disciplines, including Economics, Psychology, History, Mathematics, Computer Science, and Biological Sciences. The curriculum allows students to choose majors and minors across disciplines, encouraging interdisciplinary learning.
- Curriculum Structure: The first year focuses on foundational courses in humanities, sciences, and social sciences. Students specialize from the second year onwards, choosing core subjects alongside electives.
Postgraduate Programs:
- IFMR Graduate School of Business (IFMR GSB): Offers MBA programs specializing in Finance, Data Science, Marketing, Operations, and Economics. The MBA is a rigorous program focusing on research, analytical skills, and industry-relevant training.
- Ph.D. Programs: IFMR GSB also offers doctoral programs in business studies and economics, emphasizing research in finance, management, and related areas.
2. Admission Process
Undergraduate Admissions:
- Eligibility: Requires completion of 10+2 or equivalent education. There are no rigid stream restrictions, making it accessible for students from science, arts, and commerce backgrounds.
- Application Process: Krea uses a holistic selection process that evaluates academic records, entrance test scores (like SAT or ACT), and personal attributes through essays, recommendations, and interviews.
Postgraduate Admissions (MBA):
- Eligibility: A bachelor’s degree with at least 50% marks, along with valid scores from CAT, XAT, CMAT, NMAT, GMAT, or GRE.
- Application Process: Shortlisted candidates go through rounds of group discussions, written ability tests, and interviews before final selection.
3. Fee Structure
Undergraduate Programs :
- The annual tuition fees are approximately ₹7–₹9 lakh, varying based on the specific program and any chosen specializations.
MBA Program:
- Fees for the two-year MBA program at IFMR GSB range from ₹13–₹15 lakh in total, depending on additional costs and materials.
Financial Aid and Scholarships:
- Krea University offers need-based financial aid and scholarships, determined through a financial assessment of the student’s family income.
4. Placements and Internships
- Placement Cell: The university has a dedicated placement cell that helps students find internships and jobs. It works with various corporates, startups, and NGOs for industry placements, providing students with hands-on experience and network-building opportunities.
- Top Recruiters: Companies such as Deloitte, HDFC Bank, Infosys, JP Morgan, HSBC, and EY have recruited from Krea, especially through the IFMR GSB for MBA graduates.
- Average Package: The average salary for MBA graduates is around ₹9–₹11 LPA, with higher packages offered in fields like finance and data science. Undergraduate placements are evolving, with many students opting for internships, further studies, or startup roles.
5. Facilities and Infrastructure
- Location and Environment: The campus is based in Sri City, a well-planned business city near Chennai, designed to foster a collaborative environment with industry interactions.
- Library and Laboratories: The university has an extensive library with academic resources across disciplines and offers advanced labs for research in sciences, data analytics, and social sciences.
- Hostels and Dining: Modern hostel facilities with single and shared accommodation options are available, along with dining services offering diverse cuisines.
- Sports and Recreational Facilities: Krea University encourages a balanced lifestyle with facilities for sports like cricket, badminton, basketball, and yoga. Various clubs and societies foster extracurricular engagement.
6. Unique Aspects and Research Focus
- Interwoven Learning Model: Krea emphasizes “Interwoven Learning,” an approach that combines liberal arts education with specialized knowledge, critical thinking, and ethical decision-making.
- Research Centers: Krea hosts research centers like the Centre for Digital Financial Inclusion and LEAD, focusing on social research, policy development, and rural advancement.
- Global Partnerships: The university collaborates with institutions globally, including partnerships for exchange programs, collaborative research, and academic networking, expanding students’ opportunities for international learning experiences.
For detailed information on specific courses, admission criteria, and other queries, download the brochure.
