ICFAI Business School Mumbai Powai Answered Questions

The average package is of Rs.6.5 lakhs and the maximum package is of Rs.11.5 lakhs CTC with or without variables or fixed. Package may or may not depend on your graduation degree such as B.Pharma. what you have pursued. Mostly packages depends on the companies who are offering jobs at the time of campus placements. The eligibility criteria, academic qualification, skills required, and so on are decided by the companies visiting MBA institutes. Companies like Reckitt Benckiser (Dettol), RX Health Services & Solutions Pvt. Ltd. visit for people with B.Pharma graduation .

I am in constant touch with the placement cell of IBS Mumbai. I can assure you that JP Morgan Chase is the first company to visit IBS Mumbai that too in the 1st phase of final placements. JP Morgan Chase is also the company which offers the highest package i.e. of 11.5 lakhs per annum with variables and 8.5 lakhs per annum fix package. This information is 100 percent correct to the best of my knowledge and constant interaction with placement cell of IBS Mumbai.

IBS Mumbai in terms of placements is very good. Various big corporates and banks visits IBS Mumbai every year at the time of final placements. Companies like JP Morgan Chase, HDFC, ICICI, CRISIL, Deloitte, KPMG, Bank OF America, Kotak Mahindra Bank, ITC Hotels, Landmark Group, Satguru Travels, Reckitt Benckiser, Nestle, Tech Mahindra, etc. visit IBS Mumbai every year . Average package is of 7 lakhs and highest package is of 11.5 lakhs CTC. IBS Mumbai is also well known for providing 100 percent placements every year.

The teachers are highly qualified in IBS Mumbai. Majority of the teachers have achieved PHD in varied field of specialisation. Few of the teachers are Head of Departments of their respective field of Knowledge such as Marketing, Finance, Operations, Human Resource, IT and so on. Selection of the stream depends upon an individual's knowledge, understanding and interest about a particular field . You need to select a stream very carefully as your knowledge, interest and dedication towards a particular field will decide your career path and the way towards success. Average package for the batch of 2014-2016 was 6.5 to 7 lakhs .

YES. Absolutely your decision is worth it. The difference in the packages offered by the companies visiting IBS Mumbai at the time of final placements is not much. After IBS Hyderabad, IBS Mumbai offers second highest package in final placements. Many big corporates and banks visits IBS Mumbai every year. Companies like JP Morgan Chase, HDFC, ICICI, CRISIL, Deloitte, Bank Of America, Kotak Mahindra Bank, Standard Chartered, ITC Hotels, Landmark Group, Satguru Travels, Tech Mahindra, Nestle, Reckitt Benckiser (Dettol) and so on visit IBS Mumbai every year constantly at the time of final placements. IBS Mumbai is also well know for providing 100 percent placements every year. The average package is of 6.5 to 7 lakhs and highest package is of 11.5 lakhs .

CMAT cut off scores changes as per the institutional norms. Last year the highest cut off list opened at 90 percentile and it slowly reduced till 60 percentile. If CMAT scores are high then the chances of selecting campus as per preference becomes high, even if some one has scored average marks in CMAT then also he or she is eligible for IBS but the campus preference selection becomes a problem. As IBS Hyderabad is in huge demand as per campus preference followed by IBS Mumbai, Pune, Ahmedabad, Bangalore and so on.

Yes doing MBA from IBS Mumbai is worth. There are various reasons due to which it is worth doing MBA from IBS Mumbai such as IBS gives easy instalment payment system for paying the fees. IBS teaches as per case study methodology teaching by following Harvard Business School. IBS has track record of 100 percent placements every year. Many big companies and banks visit IBS Mumbai every year at the time of final placements. The companies which visit IBS Mumbai are JPMC, KPMG, CRISIL, Bank of America, Deloitte, HDFC, ICICI, Kotak Mahindra Bank, AC Neilson, ITC Hotels, TCS, Standard chartered Bank, Nestle, Tech Mahindra and so on. Average package is of 6.5 lakhs and highest package is of 11.5 lakhs.

Average salary of fresher is 6.5 lakhs to 7 lakhs in ICFAI Business School (IBS). There are people who have done PGPM and have also applied for off campus placements who were not interested in getting placed on campus, they even got selected outside from companies outside, who never visited college. The benefit of getting or taking ON Campus placements from institute is that you will get a higher package as compared to OFF campus placements.

Hi Amol,
Frankly speaking I don't know much about IBS Mumbai, but whatever I have heard till now I think Chetana's is better option. We have good faculties and consistent 100% placement records at our credentials. Average package offered is between 5-6 Lacs.
All the Best