IES's Management College and Research Centre
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IES MCRC PG, Certificate Courses 2025

  • Private Institute
  • Estd. 1998

IES MCRC
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IES MCRC Courses & Fees 2025

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CoursesTuition FeesEligibility
MBA/PGDM(2 courses)
Graduation : 50 %
Exams : MATATMA+4 More
Certificate(1 course)
Graduation : 50 %
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Commonly asked questions
On Fees and Eligibility
Q:   What is unique about IES Management College and Research Centre?
A: 
  • IES's Management College and Research Centre (IESMCRC), Mumbai, uses excellent atmoshphere and teaching style. 
  • The process for the IES MCRC courses is up-to-date, and it prepares students for the workplace by adapting to its demands. The IES MCRC provides a summer internship in addition to a number of management projects.
Q:   What to do after applying for PGDM at IES MCRC PGDM course?
A: 

Once the IES MCRC closes the application window, the admissions committee begins with the selection stage. For allocation of PGDM seats, the institute shortlists students based on entrance test scores. Based on these scores, the institute prepares a rank list and allocates PGDM seats. Once all seats are allocated, the institute extends offer letters.

Q:   What is the total tuition fee for PGDM programme at IES MCRC?
A: 

The total tuition fees to pursue PGDM at IES MCRC is INR 6 lakh. Other than this, the fee structure includes other charges such as admission fees, hostel fees, one time fees, etc.

Note: The above-mentioned fee is as per the official sources. However, it is indicative and subject to change.

Q:   Is IES Management College and Research Centre good for MBA?
A: 
IES Management College and Research Centre (IES MCRC) in Mumbai is one of the top MBA colleges in India. It has been ranked among the top 10 B-Schools in Mumbai by Business World report and The Week. It was also ranked 178 for MBA by Indiatoday in 2021. 
 
Some say that IES MCRC is an above average management college with the best industry exposure. Almost 98% of students get placed every year. The highest package last year was 10 LPA and the average is 6LPA. 
 
IES MCRC has a placement cell that provides job opportunities. All students undergo training to appear in an interview process of a company. 
 

IES's Management College and Research Centre Fee Structure

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Commonly asked questions
On Fees Breakdown
Q:   What is the salary package offered in IES Management College and Research Centre?
A: 

The salary package offered in IES Management College and Research Centre are:

  • As per the latest reports, the IES MCRC the highest package offered to the 2021-23 batch was 10 LPA.
  •  In 2022, the highest package was the same. 
Q:   How are the placements at IES MCRC?
A: 

The IES MCRC placements 2025 offered the average packages of INR 8.8 LPA to PGDM and INR 7.2 LPA to PGDM PM graduates. Check the complete insights of IES's Management College and Research Centre placements 2023-2024 from the table below:

Particulars

Placement Statistics (2023)

Placement Statistics (2024)

Highest package

INR 10 LPA

- INR 18.33 LPA (on-campus)

- INR 10 LPA (off-campus)

Average package

INR 7.50 LPA

INR 7.20 LPA

Top 10% Average package

INR 9.58 LPA

INR 9.60 LPA

Top 20% Average package

INR 9.50 LPA

INR 9.30 LPA

Top 50% Average package

INR 8.82 LPA

INR 8.10 LPA

No. of companies

200+

200

Placement rate

N/A

100% (PGDM)

95% (Overall)

Students registered

N/A

135

Students placed

N/A

119

Top sector

Financial Services & Institutions

Pharmaceuticals/ Healthcare

Popular recruiters

Berger Paints, Torrent Pharmaceuticals, Kotak Mahindra Bank

EY, Aditya Birla Group, Tata Capital

Q:   Does IES's Management College and Research Centre provides placement?
A: 

The IES's Management College and Research Centre provide good placements for its PGDM students. During 2024 drive, the PGDM programme secured 100% placements. The key highlights of IES College placements 2023-2025 from the table below:

Particulars

Placement Statistics (2023)

Placement Statistics (2024)

Placement Statistics (2025)

the highest package

INR 10 LPA

- INR 18.33 LPA (on-campus)

- INR 10 LPA (off-campus)

NA

Average package

INR 7.50 LPA

INR 7.20 LPA

INR 8.8 LPA (PGDM)

INR 7.2 LPA (PGDM PM)

No. of companies

200+

200

200+

Placement rate

N/A

100% (PGDM)

95% (Overall)

NA

Q:   What are the job roles offered during IES MCRC placements?
A: 

Some of the popular job roles offered to the MBA batch 2023-25 during IES MCRC placements are mentioned below:

IES MCRC Placements 2025: Job Roles Offered
Financial AnalystMT-Talent Acquisition
Investment ResearchMT-Learning and Development
Equity AnalystResearch Consultant
Deputy Manager-Wholesale Banking/ NRIMT-Supply Chain
MT-Portfolio ManagementMT-IT sale

IES MCRC
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Q:   Who were the top recruiters at IES MCRC?
A: 

IES MCRC has a strong placement cell that looks after the on-campus placements. The list of leading corporate giants that were part of the institute's placements is presented below:

IES MCRC Placements: Top Recruiters

CBREMorgan StanleyPublicis Media
L&T RealtyRBL BankMacleods
Reliance RetailNielsen IQMotilal Oswal
Lupin Digital HealthBNP ParibasAlkem
Q:   Is MBA at IES Management College and Research Centre better than Chetana's Institute of Management and Research?
A: 
According to some, Chetana's Institute of Management and Research is better than IES Management College and Research Centre: 
 
  • Ranking: IES is ranked below Chetana's.
  • ROI: Chetana's has better ROI, teaching faculty, and live project opportunities.
  • Placements: Almost 97% of students at IES are placed, with an average salary package of 6.5 LPA. The average salary package of the top 50 students at Chetana's was INR 7 Lacs per annum.
Here's some more information about IES Management College and Research Centre: 
 
  • It's ranked 7th best MBA college by MBAUniverse and 8th best institute by The Week.
  • It's accredited by the National Board of Accreditation (NBA) and has been granted MBA equivalence by the Association of Indian Universities (AIU).
  • It has a rating of 8.5/10 for academics, 8.3/10 for faculty, and 6.8/10 for placement.

IES MCRC
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Commonly asked questions
On All Courses
Q:   What is the placement rate at IES's Management College and Research Centre?
A: 

The IES MCRC secured 100% placements for PGDM programme during 2024. Check out the table for more information:

Particulars

Placement Statistics (2024)

Placement rate

100% (PGDM)

95% (Overall)

Q:   How are MBA placements at IES Management College and Research Centre?
A: 

MBA placements at IES Management College and Research Centre (IES MCRC) in Mumbai appear to be quite promising, with a reported placement rate of 97%. In 2022, the institute achieved an average salary package of INR 7.5 LPA, with the highest package reaching INR 10 LPA. The trend continued in 2023, with an average package of INR 7.5 LPA. Some of the top recruiting companies that frequently visit the campus include Modeleze, ITC, Himalaya, L&T Realty, and Anarock. Graduates find opportunities across various industries, with major sectors including BFSI, Pharmaceuticals, Consultancy, IT, Manufacturing, and Media. IES MCRC has earned a placement rating of 6.8/10, further reflecting the institute's strong commitment to providing successful career opportunities for its MBA graduates.

Q:   Which was the top sector during IES MCRC internships?
A: 

Consultancy emerged as the top sector during IES MCRC internships for the batch 2021-23. As per records, 19% of students were placed in the Consultancy sector. The second in the sequence was the Pharmaceutical sector. See the below pie chart depicting the sector-wise distribution of IES Mumbai internships 2021-23:

IES MCRC Internships 2023

NOTE: The ‘Others’ category represents the combined data of multiple sectors such as Financial Service, Retail, IT, and Fintech.

Q:   Is it good to do a PGDM from IES MCRC?
A: 

The PGDM programme has had a strong placement record at IES MCRC. During the placement drive 2024, 100% placement rate was achieved from the PGDM program. The placement packages offered during the IES MCRC placements 2023-2025 are given below:

Particulars

Placement Statistics (2023)

Placement Statistics (2024)

Placement Statistics (2025)

the highest package

INR 10 LPA

- INR 18.33 LPA (on-campus)

- INR 10 LPA (off-campus)

NA

Average package

INR 7.50 LPA

INR 7.20 LPA

INR 8.8 LPA (PGDM)

INR 7.2 LPA (PGDM PM)

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IES MCRC
Students Ratings & Reviews

3.7/5
Verified Icon155 Verified ReviewsInfo Icon
Placement Review IconPlacements3.5
Infrastructure Review IconInfrastructure3.6
Faculty Review IconFaculty & Course4.1
Crowd Review IconCampus Life3.8
Money Review IconValue for Money3.7
What students say about IES's Management College and Research Centre
Placements
Infrastructure
Faculty
Other
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Some of Top recruiting companies were Asian Paints, Mondelez, Amul, Amazon, Lodestar, AC Nielsen, IPSOS, DCB Bank, HDFC, Vodafone, Hansa, Parag Milk Foods.
Based on 49 Reviews
A
AnonymousVerified Icon
Post Graduate Diploma in Management (PGDM) - Batch of 2024
1.2
1Placements1Infrastructure2Faculty1Crowd & Campus Life1Value for Money
Dissatisfied with the overall experience and placements are the worst.
Placements: The roles offered are not up to MBA level, and students don't even receive value for their money. Better opt for Chetna or MET because the placement cell at IES is only concerned about their target of getting you placed at any random company, be it for summer placements or final.
Infrastructure: Not at all hygienic. Very poor infrastructure. I was very disappointed with the infrastructure of certain elements. The classrooms are cramped and not maintained well. The Wi-Fi is never working, and the washrooms are the worst to experience. No parking facility is provided by the college.
Faculty: The professors encourage active participation and collaboration in the classroom. They employ diverse teaching methods, including group presentations, projects, case studies, and multiple other activities. They support their students in academics very well.
Reviewed on 15 Feb 2024Read More
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A
AnonymousVerified Icon
Post Graduate Diploma in Management (PGDM) - Batch of 2024
2.4
1Placements2Infrastructure4Faculty4Crowd & Campus Life1Value for Money
Review of IES's Management College and Research Centre.
Placements: The placement scenario is disappointing, and the placement cell needs improvement. The listed fees are 9.10 LPA, but the actual salary is considerably lower compared to other colleges. Keep in mind that the CTC mentioned might include a fixed component as low as 4 or 5 LPA.
Infrastructure: The infrastructure is lacking compared to other colleges. They turn off Wi-Fi during exams, and there's no proper gaming room. The cafeteria only has CCD, but the ground-floor canteen is better. Overall, the atmosphere feels more like a school.
Faculty: Faculty members were supportive, and the classrooms were decent. There's a Bloomberg lab, but its relevance depends on whether you are tracking the Indian or US market. For Indian markets, the terminals might not provide much value.
Reviewed on 20 Jan 2024Read More
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A
Anjali Sharma Verified Icon
Post Graduate Diploma in Management (PGDM) - Batch of 2024
4.2
4Placements4Infrastructure5Faculty4Crowd & Campus Life4Value for Money
Our college has good value for money.
Placements: Almost 97% of students got placed in our college. The highest salary package offered is 10 LPA. The average salary package offered is 6.5 LPA. Top recruiting companies are Mondelez, ITC, Himalaya, L&T, Realty, Anarock, etc. Our college provides good placements. The placement process is smooth.
Infrastructure: The infrastructure of our college is good. We have a games room, cafeteria, and canteen. Classrooms are well-equipped. The library has many books and journals. The computer lab is great. They provide personal laptops.
Faculty: Our teachers are helpful and cooperative. They solve our problems easily. Mentors are allotted to all students. They guide and solve our doubts. The faculty-student ratio is good. Around 50 students are available in each classroom.
Reviewed on 11 Mar 2023Read More
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D
Divesh Pimple Verified Icon
Post Graduate Diploma in Management (PGDM) - Batch of 2024
4.2
4Placements4Infrastructure5Faculty4Crowd & Campus Life4Value for Money
Our college has a good value for money.
Placements: Almost 97% of students got placed in our batch. The highest salary package offered is 10 LPA. The average salary package offered is 6.5 LPA. Top recruiting companies are Modeleze, ITC, Himamlya, L&T, Realty, Anarock, etc. Our college has a placement cell. The placement process is smooth.
Infrastructure: Our college is Wi-Fi enabled. Classrooms are equipped with air-conditioners. A gigantic library is available in our college. It has many books. We have an air-conditioned games room. We have table tennis, carrom, and chess.
Faculty: Our teachers are qualified and helpful. The teaching quality is good. They motivate us to do all the activities. Exams are not much difficult if you attend classes regularly. They allot a mentor to every student.
Reviewed on 11 Mar 2023Read More
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K
Karthik Iyer Verified Icon
Post Graduate Diploma in Management (PGDM) - Batch of 2023
3.8
4Placements4Infrastructure4Faculty3Crowd & Campus Life4Value for Money
I am satisfied because of its teachers, placements, infrastructure, facilities, etc.
Placements: Currently, students can observe major companies like Deloitte, KPMG, and some market research companies taking interest in the students' placements. The college has covered almost 80% of satisfied placements till now. Currently, for summers major companies have come to the campus starting with GEP and all.
Infrastructure: IES is one of few colleges that have introduced new course elements like universal human values and such. The course will help students to reach different in life with proper values. The infrastructure is average. Kindly people should look into the business analytics course offered by IES as this is the new tomorrow in the field of management.
Faculty: Faculty members here believe ineffectual thinking is needed in today's world. Faculty members always find a new way to teach the students. The current favorite for most of the marketing students is Suhas Pai sir, his teaching method is one of the most preferred teachings expected by the students.
Reviewed on 9 Apr 2022Read More
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V
VED RAMESH MHATRE Verified Icon
Post Graduate Diploma in Management (PGDM) - Batch of 2023
5
5Placements5Infrastructure5Faculty5Crowd & Campus Life5Value for Money
It has dedicated staff with all passion to make a difference in the student's life.
Placements: The roles offered in our college ranged from deputy manager to account manager in the finance stream. The top recruiting company was ASUS for marketing and finance, and there were many such as SBI Purple Ventures, Jamnadas Virji etc.
Infrastructure: Hostel facilities are good for outstation students. There are proper rules with proper amenities provided in the hostel. The college canteen provides very hygienic food to all students. There is a computer lab with Wi-Fi where we can sit and do our projects.
Faculty: Semester exams are not so difficult as faculty members clear all our doubts before exams. They even give us the freedom to call or message them anytime. The course curriculum is very relevant to the industry, and so it develops us to be corporate-ready.
Other: We have a college fest named Pratyush, which is a very amazing event. It provides a platform to many students who are talented in their own fields.
Reviewed on 4 Apr 2022Read More
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View All 176 Reviews
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IES MCRC 
Admission FAQs

Q:   How many students can do MBA at IES Management College and Research Centre?
A: 

IES Management College and Research Centre (IES MCRC) in Mumbai has 210 seats for the Post Graduate Diploma in Management (PGDM) program. It also has 30 seats for the PGDM in Pharmaceutical Management program.
IES MCRC has a placement cell that helps students train their technical skills to get jobs at top organizations. According to NIRF Data 2023, 233 students out of 241 graduates were placed in 2023. The median salary package is Rs. 6,50,000.
IES MCRC has a record of 100% placement with over 160 corporate partners. In 2022, 235 students were placed, and 218 recruiters participated, including P&G, Deloitte, HDFC Bank, BYJU's, and Aditya Birla group.
IES MCRC accepts the following entrance exams:
CAT, CMAT, XAT, ATMA, MAT, GMAT, and MAH MBA CET.

Q:   What is the average package for MBA students at IES Management College and Research Centre?
A: 

IES MCRC is a well-known institution that provides students with an education that prepares them for the challenges of the financial industry.

According to Shiksha, the average salary package offered to MBA students at IES Management College and Research Centre (IES MCRC) in Mumbai is INR 7.5 LPA, while the highest package is INR 10 LPA. In 2022, the average package was INR 6.5 LPA. 97% of students are placed, and top recruiters include Modeleze, ITC, Himamlya, L&T, Realty, and Anarock.

Q:   Is IES Management College and Research Centre a good college for MBA?
A: 

IES Management College and Research Centre (IES MCRC) in Mumbai is considered one of the top MBA colleges in India. It has been ranked among the top 10 B-Schools in Mumbai by Business World report and The Week, and was ranked 178 for MBA by Indiatoday in 2021. IES MCRC is a public charitable trust that offers full-time and part-time courses. It is affiliated with Mumbai University, AICTE, and NBA, and offers courses at various levels, including: Diploma degrees, Doctoral levels, Post Graduate Diploma in Management (PGDM), and PGDM in Pharmaceutical Management.

Q:   What is the admission process of IES Management College and Research Centre?
A: 
The admission process for IES Management College and Research Centre (IES MCRC) in Mumbai is merit-based. The process includes: 
  • Applying online
  • Scoring in qualifying exams such as CAT, MAT, XAT, ATMA, CMAT, GMAT, or MAH-CET
  • Completing an interview
  • Paying the prescribed fees
Applicants must be graduates from a recognised university. For the PGDM (Pharmaceutical Management) program, applicants must have a bachelor's degree in B. Pharm/B. Sc./MBBS with a minimum of 50% marks. 
 
The overall cutoff for CAT is 25 percentile. 
 
IES MCRC offers PGDM in: 
 
Pharmaceutical Management, Healthcare and Hospital Management, Business Analytics, Entrepreneurship, Marketing, Finance. 
 
IES MCRC also offers an MMS programme with specializations in: System Management, Marketing, Operations, Finance, Human Resource.
Q:   What is the admission process for MBA at IES Management College and Research Centre?
A: 

IES Management College and Research Centre is one of the best college in the mumbai region. The MBA programme at IES Management College and Research Centre (IES MCRC) in Mumbai accepts the following entrance exams for admission in 2023: CAT, XAT, CMAT, MAT, ATMA, MH-CET, GMAT. Admissions are based on merit in the entrance exams, followed by an interview.

Q:   What is IES MCRC MBA cutoff?
A: 

The IES MCRC cutoff for the PGDM course is out based on CMAT scores. As per the latest cutoff data, the CMAT percentile cutoff (General-All India) for admission to the PGDM course was 75. Tabulated below is the previous three years' CMAT percentile cutoffs for admission to the IES MCRC PGDM course:

Section202220232024
Overall757575
Q:   What is the package offered at IES MCRC?
A: 

The packages offered during the IES MCRC placements 2023-2025 are presented below:

Particulars

Placement Statistics (2023)

Placement Statistics (2024)

Placement Statistics (2025)

the highest package

INR 10 LPA

- INR 18.33 LPA (on-campus)

- INR 10 LPA (off-campus)

NA

Average package

INR 7.50 LPA

INR 7.20 LPA

INR 8.8 LPA (PGDM)

INR 7.2 LPA (PGDM PM)

Q:   How are the summer internships at IES MCRC?
A: 

The IES MCRC summer internships report are out on the official website. Check out the average stipends offered during the IES MCRC summer placements 2025 from the table below:

ParticularsAverage Stipends (2025)
PGDM INR 10 Thousand per month 
PGDM PMINR 8 Thousand per month 
Q:   What is the hostel fees at IES Management College and Research Centre?
A: 
  • IES provides hostels with a capacity of certain members of boys and  girls hostels individually.
  • IES hostels are situated 3 or 6km away from the hostel, provides a transport facility for the students who stay in a hostel. Facilities like daily cleaning, hot water, cupboards are supplied to the hostilities. Total fees will be around 50,000/- per year
Q:   What is the IES Management College and Research Centre cut off schedule?
A: 
Here are some cutoffs for IES Management College and Research Centre (IES MCRC): 
  • CAT: 25 percentile
  • CMAT: 75
  • XAT: 75
  • ATMA: 80
The minimum cutoff for the general category is 75 percentile. 
 
Here are some cutoffs for specific courses: 
  • PGDM PM: 75
  • PGDM: 75
  • PGDM 2023-25: 210 seats
  • PGDM Pharma Management 2023-25: 30 seats
In 2023, the closing percentile for the general category was 60.
Q:   What is the MBA course fee at IEC MCRC?
A: 

The MBA course fee at IEC MCRC is INR 9 lakh. Students can check the table presented below to have a clear understanding for MBA total tuition fee:

CourseTotal Tuition Fee
MBAINR 9 lakh

This information is sourced from the official website/ sanctioning body and is subject to change. 

Q:   What facilities are offered by IES Management College and Research Centre?
A: 

Facilities that are available at IES’s Management College and Research Centre are library auditorium, computer labs, medica facilities, hostels, cafteria and sports complex.

Q:   Can I get into IES Management College and Research Centre with 70%?
A: 
The eligibility criteria for IES Management College and Research Centre (IES MCRC) in Mumbai is a minimum of 50% marks in an aggregate from a recognised university. IES MCRC accepts the following exams: 
 
MAT, XAT, CAT, CMAT, ATMA, MAH CET. 
 
The total intake for PGDM is 210. The highest package for PGDM and PGDM Pharmaceutical Management during Placement Drive 2020 was recorded at INR 10 LPA and INR 6.6 LPA respectively. 
 
IES MCRC has a record of 100% placement with 160+ recruiters of high repute
Q:   How many students were placed during IES's Management College and Research Centre placements?
A: 

The number of students placed during the final placements 2025 at IES MCRC is not known as of yet. The following table represents the overall and course-wise students placed data for IES MCRC placements 2024:

ParticularsMBA Placement Statistics (2024)MBA (PM) Placement Statistics (2024)Overall Placement Statistics (2024)
Students registered10728135
Students placed9128119
qna

IES MCRC

Student Forum

chatAnything you would want to ask experts?
Write here...

Answered 3 weeks ago

UPSC ESE (IES) 2026  notification date is 2026.

k

khari prasad

Beginner-Level 1

Answered a month ago

If you’re leaning toward the PGDM at MERI, you’re actually making a very practical "corporate-first" choice.

The biggest advantage of a PGDM over a traditional MBA is agility. Because MERI’s PGDM is autonomous (AICTE-approved), they don't have to wait years for a university to update a stale syllabus

...Read more

l

laxmi

Beginner-Level 3

Answered 7 months ago

The IES's Management College and Research Centre placement packages are out season 2025. The packages offered during IES MCRC placements 2023-2025 from the table below:

Particulars

Placement Statistics (2023)

Placement Statistics (2024)

Placement Statistics (2025)

the highest package

INR 10 LPA

- INR 18.33 LPA (on-campus)

- INR 10 LPA (off-campus)

NA

Average package

INR 7.50 LPA

INR 7.20 LPA

INR 8.8 LPA (PGDM)

INR 7.2 LPA (PGDM PM)

No. of companies

200+

200

200+

M

Meitankeisangbam Vasundha

Contributor-Level 10

Answered 7 months ago

The IES MCRC provides good placement opportunities for PGDM students. The key highlights of IES College placements 2023-2025 are tabulated below:

Particulars

Placement Statistics (2023)

Placement Statistics (2024)

Placement Statistics (2025)

the highest package

INR 10 LPA

- INR 18.33 LPA (on-campus)

- INR 10 LPA (off-campus)

NA

Average package

INR 7.50 LPA

INR 7.20 LPA

INR 8.8 LPA (PGDM)

INR 7.2 LPA (PGDM PM)

No. of companies

200+

200

200+

Placement rate

N/A

100% (PGDM)

95% (Overall)

NA

M

Meitankeisangbam Vasundha

Contributor-Level 10

Answered 7 months ago

The IES MCRC provides excellent PGDM placements. The key highlights of IES College placements 2023-2025 are tabulated below:

Particulars

Placement Statistics (2023)

Placement Statistics (2024)

Placement Statistics (2025)

the highest package

INR 10 LPA

- INR 18.33 LPA (on-campus)

- INR 10 LPA (off-campus)

NA

Average package

INR 7.50 LPA

INR 7.20 LPA

INR 8.8 LPA (PGDM)

INR 7.2 LPA (PGDM PM)

No. of companies

200+

200

200+

Placement rate

N/A

100% (PGDM)

95% (Overall)

NA

M

Meitankeisangbam Vasundha

Contributor-Level 10

Content authored by:

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Jagriti Shukla

Updated on Jan 2, 2025

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IES MCRC
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IES MCRC "Vishwakarma" M.D. Lotlikar Vidya Sankul, 791, S. K. Marg, Bandra Reclamation
Mumbai ( Maharashtra)

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