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| Component of Academic Fees | Indian Rupees | Payment Due Date |
| Admission Acceptance Fee | 25,000 | Two weeks from the Admissions offer date |
| Part 1 of first Instalment fees | 75,000 | Three weeks from the Admission offer date |
| Part 2 of first Instalment fees | 1,20,000 | Four weeks from the Admissions offer date |
| Caution Deposit^^ | 50,000 | 10 July 2024 |
| BBA programme commencement | 15 July 2024 | |
| Second Instalment fees | 1,60,000 | 01 Sep 2024 |
| Third Instalment Fees | 1,60,000 | 01 Dec 2024 |
| Fourth Instalment Fees | 1,60,000 | 01 June 2025 |
| Fifth Instalment Fees | 1,60,000 | 01 Sep 2025 |
| Sixth Instalment Fees | 1,60,000 | 01 Dec 2025 |
| Seventh Instalment Fees | 1,60,000 | 01 June 2026 |
| Eighth Instalment Fees | 1,60,000 | 01 Sep 2026 |
| Ninth Instalment Fees | 1,60,000 | 01 Dec 2026 |
| Alumni Fee | 5,000 | 01 Dec 2026 |
^^ The caution deposit of INR 50,000/– will be refunded at graduation from IFMR GSB, Krea University, or withdrawal of admission subject to recoveries, if any, pending from the student
Living expenses* – INR 2,00,000 per annum (subject to revision every year)
*Please note that living expenses include monthly launderette costs of up to Rs 500 [if you incur beyond that, you need to pay extra]
Living expenses for each academic year are payable on the following dates
AY 2024 – 25 on/before 10 July 2024
AY 2025 – 26 on/before 30 Jun 2025
AY 2026 – 27 on/before 30 Jun 2026
| No | Percentage of refund of aggregate fees | Date when notice of withdrawal of admission is served to Krea | Krea will refund if the withdrawal request is received on or before |
| 1 | 100% | 15 days or more before the formally-notified last date of admission | 1 July 2023 |
| 2 | 90% | Within 15 days before the formally – notified last date of admission | 15 July 2023 |
| 3 | 80% | Within 15 days after the formally – notified last date of admission | 29 July 2023 |
| 4 | 50% | Between 16 days and 30 days after the formally -notified last date of admission | 14 Aug 2023 |
| 5 | 0 | More than 30 days after the formally notified last date of admission | No refunds for requests received on or later than14 Aug 2023 |
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