IES's Management College and Research Centre
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IES MCRC Fees 2025

  • Private Institute
  • Estd. 1998
Dark Clock Icon Last updated on 10 Jul '25

IES MCRC Fees
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IES MCRC Fee Structure

CourseTotal tuition fees
MBA/PGDM  (2 Courses)
Certificate  (1 Courses)
Info Icon The fees is for the entire duration of the respective courses.
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Commonly asked questions
On Fees Overview
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:   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. 
 
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.

IES MCRC
MBA/PGDM Fees 2026

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Fee componentsAmount (for 2 years)
₹ 6 L
₹ 1.88 L
₹ 10 K
₹ 4.03 L - 5.03 L
₹ 12.01 L - 13.01 L
Info Icon

These are estimated fees information. Actual values may differ.

The value for money rating of this course is 3.7/5 (153 Reviews).View placement detailsExternal Link Icon Placement Insight Icon

IES MCRC
MBA/PGDM Fees Comparison

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CollegesTuition FeesHostel Fees
6 L1.88 L
6.75 L2.64 L
7 L-/-
5.9 L1 L
1.46 L - 5.48 L-/-
Info IconThe value are of the latest years available with Shiksha.
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Q&A Icon
Commonly asked questions
On MBA/PGDM Fees
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:   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)

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.

IES MCRC
Certificate Fees 2026

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Fee componentsAmount (for 11 months)
₹ 57 K
₹ 57 K
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These are estimated fees information. Actual values may differ.

IES MCRC
Certificate Fees Comparison

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CollegesTuition FeesHostel Fees
57 K-/-
38.9 K - 77.8 K-/-
3.48 L-/-
300 - 50 K26.68 K - 1 L
12 K - 50 K-/-
Info IconThe value are of the latest years available with Shiksha.
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IES MCRC
Scholarships

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Scholarship 1
Scholarship 2

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
LikesView All
Companies like HDFC, Axis Bank, Amul, Kotak Mahindra, Parag Milk, Lodha, etc., visited the campus for placements.
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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S
Sagar Mahesh Waghela Verified Icon
Post Graduate Diploma in Management (PGDM) - Batch of 2025
3.6
4Placements4Infrastructure4Faculty3Crowd & Campus Life3Value 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
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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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View All 176 ReviewsRight Arrow Icon
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IES MCRC

Student Forum

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

Answered 2 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 2 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

M

Meitankeisangbam Vasundha

Contributor-Level 10

Answered 2 months ago

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)

M

Meitankeisangbam Vasundha

Contributor-Level 10

Answered 2 months ago

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 

M

Meitankeisangbam Vasundha

Contributor-Level 10

Answered 2 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

Content authored by:

author image
Liyansha Jain

Updated on Jul 10, 2025

IES MCRC
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IES MCRC
Contact Information

Address

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

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