IES's Management College and Research Centre

3 Videos,

12 Photos

IES MCRC Fees 2026

Bandra West, Mumbai

3.7 /5

(177 Reviews)

451 Student Q&A

Private Institute
Estd. 1998

Last updated on 24 Jun '26

IES MCRC Fees
What's new?

The MAT 2026 September session registrations have started for admission to the MBA course. For the PBT mode, the registration deadline is Sep 7, 2026, with the exam scheduled for Sep 13, 2026. For CBT mode, the last date to register is Sep 14, 2026, for the exam taking place on Sep 20, 2026.

A few more updates are given below:

The CMAT 2026 result has been declared for admission to the MBA/PGDM/MMS courses. Students can download their scorecards by logging into the official website.
The CAT 2026 registration is expected to start in the Aug, 2026 for admission to the MBA course.
The ATMA 2026 July session result for admission to the MBA/PGDM/MMS courses will be announced on Jul 18, 2026.

IES MCRC Fees

Table of contents

IES MCRC Fee Structure 2026
- IES MCRC MBA/PGDM Fees 2026
- IES MCRC Certificate Fees 2026
IES MCRC Scholarships
IES MCRC Student Reviews

IES MCRC Fee Structure 2026

Students wishing to get into the programmes offered at IES MCRC are charged a certain amount as fees. The total tuition fees may vary depending on the course and specialisation chosen by the candidates. IES MCRC fee structure is inclusive of multiple components, some of which are caution deposit, exam fee and security deposit, among others. Some of the components mentioned above are charged only once at the time of admission. IES MCRC fees ranges between INR 57,000 and INR 6,00,000. Students can check out the following table to get an idea about the IES MCRC fee for various courses:

Course	Total tuition fees
MBA/PGDM (2 Courses)	₹ 6 LGet Fee Details
Certificate (1 Courses)	₹ 57 KGet Fee Details

The fees is for the entire duration of the respective courses.

Commonly asked questions
On Fees Overview

Q: What is the MBA course fee at IEC MCRC?

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:

Course	Total Tuition Fee
MBA	INR 9 lakh

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

IES MCRC MBA/PGDM Fees 2026

IES MCRC offers the MBA/PGDM course at the PG level. Candidates seeking admission to the course are required to participate in IES MCRC admission process to get a chance to secure a seat. Candidates who make it to the final round of admission are eligible to pay the course fee that is INR 6,00,000. Check below the breakup of IES MCRC MBA/PGDM fee:

Fee components	Amount (for 2 years)
Tuition	₹ 6 L
Hostel Hostel fee is calculated on the basis of 1 Month. Actual amount may vary. Hostel fee mentioned is for cheapest option available. For other options available, please refer to fee pdf. The fees might in Read more Hostel fee is calculated on the basis of 1 Month. Actual amount may vary. Hostel fee mentioned is for cheapest option available. For other options available, please refer to fee pdf. The fees might include components other than hostel fees. Meal Plan is not included in mentioned fee.	₹ 1.88 L
One-time Payment One-time payment includes Refundable Caution Money.	₹ 10 K
Other Fees	₹ 4.03 L - 5.03 L
Total fee	₹ 12.01 L - 13.01 L

These are estimated fees information. Actual values may differ.

The value for money rating of this course is 3.8/5 (154 Reviews).View placement details

Get Admission Details

IES MCRC
MBA/PGDM Fees Comparison

Colleges	Tuition Fees	Hostel Fees
IES MCRC	6 L	1.88 L
JSKBS	6.75 L	2.64 L
Vidyalankar School of Business	7.5 L	-/-
SFIMAR	3.63 L - 5.48 L	-/-
XIMR	5.36 L	-/-

The value are of the latest years available with Shiksha.

View comparisons

Commonly asked questions
On MBA/PGDM Fees

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

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.

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

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.

IES MCRC Certificate Fees 2026

Certificate is a 11 months course, which is offered by IES MCRC. Candidates who clear the IES MCRC admission process can pay the tuition fee for their chosen specialisation. The tuition fee is INR 57,000 depending upon the opted specialisation. Below is the IES MCRC Certificate fee breakup:

Get Admission Details

IES MCRC
Certificate Fees Comparison

Colleges	Tuition Fees	Hostel Fees
IES MCRC	-/-	-/-
Indo American Society, Mumbai	6.5 K - 9.5 K	-/-
Guru Kashi University Compare	15 K	66 K
SCON Pune	-/-	-/-
Aptech English Learning Academy NSP	-/-	-/-

The value are of the latest years available with Shiksha.

View comparisons

Recommended Colleges

Explore popular similar colleges

Students who showed interest in IES MCRC - MBA also showed interest in

Chetana's Institute of Management and Research institute image

Mumbai

#215 Business Today

Courses Offered2 courses3.9

Total Fees₹9.40 L

Amity Global Business School, Mumbai institute image

Mumbai

#31 Business Today

Courses Offered1 course4.5

Total Fees₹8.67 L

Thakur Institute of Management Studies and Research - TIMSR institute image

Mumbai

Courses Offered5 courses3.9

Total Fees₹4.75 L

Thakur Global Business School (TGBS) institute image

Mumbai

Courses Offered1 course4.2

Total Fees₹11.00 L

Want better recommendations?

There is a 90% more chance of getting best college recommendations by sharing preferences.

+ Add preferences

Vidyalankar School of Business institute image

Mumbai

Courses Offered2 courses4.4

Total Fees₹7.50 L

Vidyalankar Institute of International Education institute image

Mumbai

Courses Offered4 courses

Total Fees₹7.00 L

Valia School of Management institute image

Mumbai

Courses Offered7 courses4.7

Total Fees₹6.50 L

Kohinoor Management School institute image

Mumbai

Courses Offered1 course4.3

Total Fees₹9.00 L

AIMS - Atharva Institute of Management Studies institute image

Mumbai

Courses Offered4 courses4.0

Total Fees₹10.20 L

MKES - Institute of Management Studies & Research institute image

Mumbai

Courses Offered1 course3.8

Total Fees₹6.23 L

Confused about which college or exam to opt for? assitentRcpRhsImage

Chat with our counselor
Get your personalised list of colleges & exams matching your preferences

View allCollections

Is this recommendation relevant?

IES MCRC
Scholarships

Scholarship 1

Scholarship for PGDM (Merit Scholarship):

No. of Scholarships: 10
Details:
INR 1,25,000 waiver in the Tuition Fees for Top 10-
candidates in the IES MCRC Merit List provided they
score minimum 85 percentile in the written aptitude
test required for the admission (CAT, MAT, CMAT
etc.).
The fee waiver will continue for the second year,
provided the student:
a) Scores average 75% marks in the first year.
b) Has overall good performance in co- curricular and
extra-curricular activities (internal an

Scholarship 2

Scholarship for PGDM (Pharmaceutical Management) (Merit Scholarship):

No. of Scholarships: 5
Details:
INR 1,25,000 waiver in the Tuition Fees for Top
5-Admitted Candidates based on their merit in
the IES MCRC ranking.
The fee waiver will continue for the second year,
provided the student:
a) Scores average 70% marks in the first year.
b) Has overall good performance in cocurricular and extra-curricular activities
(internal and external activities).
c) Maintains highest standards of adherence to
the General Code of Conduct described in
the handbook and shouldn't have any
instance of misbehavior/indiscipline.

View Scholarship Details

IES MCRC
Students Ratings & Reviews

3.7/5

156 Verified Reviews Info Icon

4-5
46
3-4
85
2-3
21
1-2
4

Placements3.5

Infrastructure3.6

Faculty & Course4.1

Campus Life3.8

Value for Money3.7

What students say about IES's Management College and Research Centre

Placements

Infrastructure

Faculty

Other

LikesView All

Companies like HDFC, Axis Bank, Amul, Kotak Mahindra, Parag Milk, Lodha, etc., visited the campus for placements.

Based on 49 Reviews

Pooja Desai Verified Icon

Post Graduate Diploma in Management (PGDM) - Batch of 2026

4.4

4.0Placements4.0Infrastructure4.0Faculty5.0Crowd & Campus Life5.0Value for Money

A great value for money and the best ROI college in Mumbai.

Placements: The number of companies visiting the campus is good. More than 100 companies visit the college on campus for recruitment. Companies like Citibank, Morgan Stanley, Mondelez, GEP, Godrej, ITC, etc., recruit students. The average package offered is 8 LPA. We also have some international placements in our batch.

Infrastructure: There is a good infrastructure. All classrooms have ACs and smartboards. The campus is Wi-Fi enabled. At some places, the internet is an issue, or else it is fine. The canteen could be better. Students who have their own vehicles may face challenges in parking. IES also has a well-stocked library.

Faculty: Faculty members are helpful and are available to guide any one of us anytime. Faculty/ alumni mentoring is a big advantage, so students can open up and discuss any issues with the faculty. An alumni always help to guide us in thick and thin. Faculty members come from industry and share their life experiences.

Other: The study tour to Dubai was very well-organised. All company visits are done professionally without compromising on the fun element. The Bloomberg lab is a big advantage for students to learn concepts with practical knowledge.

Reviewed on 27 Apr 2026Read More

Sagar Mahesh Waghela Verified Icon

Post Graduate Diploma in Management (PGDM) - Batch of 2025

3.6

4.0Placements4.0Infrastructure4.0Faculty3.0Crowd & Campus Life3.0Value for Money

Shaping your career with an MBA journey.

Placements: From our PGDM 2023–25 batch at IES MCRC, around 85% get placed. Companies like Capgemini, RBL Bank, and ION recruit. Most students get internships and placements in finance, marketing, and consulting roles. There are usually roles in sales, but you’ll also find core roles.

Infrastructure: The campus has well-equipped classrooms, a good library, computer labs, and Wi-Fi. There's a Bloomberg lab. Sports options are available. Medical support is minimal but accessible nearby. There is a college ground for playing sports as well as a quadrangle to host events.

Faculty: Faculty members at IES MCRC are experienced and supportive. Teaching quality is good, with a focus on practical learning. However, they should focus more on making it industry-relevant. Exams are a bit difficult, but are designed to ensure everything is covered. Some faculty members do go above and beyond to help you understand the topic. The focus should shift from an exam-based mindset to a more learning-oriented environment, such as creating projects or bringing in companies that provide projects with a chance for PPO.

Other: There are many events such as Pratyush, research conferences, and more. There are different clubs, such as finance, HR, placements, and others, that conduct activities to engage students in learning and help them stay industry-ready.

Reviewed on 11 Jun 2025Read More

Anonymous

Post Graduate Diploma in Management (PGDM) - Batch of 2024

1.2

1.0Placements1.0Infrastructure2.0Faculty1.0Crowd & Campus Life1.0Value 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

(1)

1 person found this helpful

Anonymous

Post Graduate Diploma in Management (PGDM) - Batch of 2024

2.4

1.0Placements2.0Infrastructure4.0Faculty4.0Crowd & Campus Life1.0Value 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

Anjali Sharma Verified Icon

Post Graduate Diploma in Management (PGDM) - Batch of 2024

4.2

4.0Placements4.0Infrastructure5.0Faculty4.0Crowd & Campus Life4.0Value 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

Divesh Pimple Verified Icon

Post Graduate Diploma in Management (PGDM) - Batch of 2024

4.2

4.0Placements4.0Infrastructure5.0Faculty4.0Crowd & Campus Life4.0Value 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

Confused about which college or exam to opt for?

Chat with our counselor
Get your personalised list of colleges & exams matching your preferences

IES MCRC

Student Forum

Anything you would want to ask experts?

Write here...

When will UPSC ESE (IES) 2026 Notification be released?

Answered 4 months ago

UPSC ESE (IES) 2026 notification date is 2026.

khari prasad

Beginner-Level 1

Which course is better among PGDM or MBA? I have scored 82%.

Answered 5 months 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

laxmi

Beginner-Level 3

What is the placement package at IES MCRC?

Answered 11 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)

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+

Meitankeisangbam Vasundha

Contributor-Level 10

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

Answered 11 months ago

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