Krea University Andhra Pradesh - Other Answered Questions

The BFSI sector with a share of 79% stood as the top recruiting sector in the Krea University placements in 2024. Check out the table below to know the top recruiting sectors of the Krea University placements for MBA during 2022-2024:ParticularsPlacement Statistics (2022)Placement Statistics (2023)Placement Statistics (2024)Top recruiting sectorConsulting (38.64%)BFSI (56%)BFSI (79%)

Krea University is known for its excellent placement record. Check out the tabulated data given below to know more about Krea University placements for MBA during 2022-2024:ParticularsPlacement Statistics (2022)Placement Statistics (2023)Placement Statistics (2024)the highest PackageINR 19.64 LPAINR 22.90 LPAINR 21.74 LPAAverage PackageINR 11.21 LPAINR 13.50 LPAINR 13.04 LPAMedian PackageINR 11.09 LPAINR 13.10 LPAINR 13.06 LPATop 10% Average PackageINR 14.50 LPAINR 19.20 LPAINR 18.93 LPATop 25% Average PackageINR 13.45 LPAINR 17.30 LPAINR 16.40 LPATop 50% Average PackageINR 12.40 LPAINR 15.60 LPAINR  14.86 LPAPlacement RateN/A100%100%No. of PPOs183023Total Recruiters345570No. of new recruitersN/A1412Top recruiting sectorConsulting (38.64%)BFSI (56%)BFSI (79%)

The average package offered to the MBA graduates stood at INR 13.04 LPA in 2024. The top 10% and top 25% average packages offered were INR 18.93 LPA and INR 16.40 LPA, respectively. The top 50% average package offered in 2024 was INR 14.86 LPA. ParticularsPlacement Statistics (2022)Placement Statistics (2023)Placement Statistics (2024)Average PackageINR 11.21 LPAINR 13.50 LPAINR 13.04 LPATop 10% Average PackageINR 14.50 LPAINR 19.20 LPAINR 18.93 LPATop 25% Average PackageINR 13.45 LPAINR 17.30 LPAINR 16.40 LPATop 50% Average PackageINR 12.40 LPAINR 15.60 LPAINR 14.86 LPA

Selecting Great Lakes Institute of Management (GLIM), Chennai, or IFMR Graduate School of Business (GSB), Sri City, relies on your priorities and preferences along with your career ambitions. Both are strong institutions, and the selection must be based on what is most important to you. Great Lakes Institute of Management, Chennai is popular for its one-year PGPM course, which suits professionals with work experience. It also has a two-year PGDM course for freshers. The institute has a strong industry interface, diverse peer group, and good placement record. Deloitte, Accenture, and J.P. Morgan are some of the companies that regularly recruit from GLIM. The average salary for PGDM graduates is good, and the campus facilities are modern and well-equipped. Its location on the outskirts of Chennai may be a disadvantage for some. IFMR Graduate School of Business, Sri City, has a focus on finance and analytics but also has a balanced MBA program. It is affiliated with Krea University, which focuses on interwoven learning. IFMR GSB has a peaceful campus setting and an emphasis on academic intensity. Placement is strong, with the presence of companies such as HSBC, Barclays, and Nomura on campus. The package is a bit less than GLIM but the institute offers high value for money. Its closeness to Chennai provides access to urban luxuries while keeping campus life serene. In short, if you emphasize a strong alumni network, exposure to the industry, and a larger average package, GLIM would be the more suitable option. Alternatively, if you emphasize academic seriousness, finance focus, and a peaceful campus setting, IFMR GSB would be the more appropriate option. Think in terms of your career goals and preferences to make the right choice.

You should look for factors like the course fees and the placement package. As per official sources, the fees to pursue an MBA/PGDM at Great Lakes Institute of Management Chennai and IFMR Graduate School of Business is Rs. 11.5 L and Rs. 14.6 L, respectively. So when it comes to fees, Great Lakes is a better option for you.Plus as per placement data available on Shiksha, the median salaries offered to MBA/PGDM students at Great Lakes Institute of Management Chennai and IFMR Graduate School of Business are Rs. 39.3 LPA and Rs. 13.10 LPA.

For admission to MBA course at IFMR Chennai, candidate must fulfil the minimum educational requirements. To be eligible for this course, aspirants must hold a bachelor's degree with at least 50% aggregate. However, Admission to the MBA course is completely entrance-based. The aspirants are admitted based on valid scores in CAT/MAT/CMAT followed by group discussion and personal interview rounds. However, IFMR also offers direct admission to aspirants through management quota as well as NRI quota seats. Candidates are advised to check the IFMR official website for comprehensive details regarding admission criteria and eligibility requirements.

The chances of waitlist number 77 converting for admission at IFMR Chennai depend on various factors like available seats, acceptance rates, and waitlist movement. While there's no definite answer, staying positive, staying in touch with the admissions office, and being prepared to accept an offer can increase your chances. Consider exploring other options while waiting for the waitlist to move. 

The chances of converting a waitlist number 38 at IFMR depend on various factors like the total number of seats, movement of the waitlist, and decisions of students ahead of you. While IFMR's reputation and potential rejections might work in your favor, a higher waitlist number and competitive admissions make it challenging. Stay updated with the admissions office.