

IES Mumbai: Fees, Courses, Admissions 2025, Cutoff, Placements, Info
- Private Institute
- Estd. 1998
IES MCRC Popular programs
Commonly asked questions On Popular Programs
The IES MCRC fees for PGDM is INR 9.20 Lakhs for 2 years, and the IES University fee for a PGDM in Pharmaceutical Management is INR 8.20 Lakhs for 2 years and this is the total fee for both programs. The IES MCRC fee structure includes the tuition fee, other fees, alumni association fees, and a refundable caution deposit of INR 10000.
IES MCRC Admission process
IES MCRCStudents Ratings & Reviews
IES MCRC Rankings 2026
IES MCRC Placements 2024
The key highlights of IES College placements 2024 and 2023 are tabulated 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+ |
170+ |
|
Placement rate |
N/A |
88% |
|
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 |
NOTE: The 2023 placement data is for MBA only, whereas, 2024 stats are for MBA and MBA (PM).
Top Recruiters
Commonly asked questions On Placements
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.
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 Analyst | MT-Talent Acquisition |
| Investment Research | MT-Learning and Development |
| Equity Analyst | Research Consultant |
| Deputy Manager-Wholesale Banking/ NRI | MT-Supply Chain |
| MT-Portfolio Management | MT-IT sale |
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 |
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IES MCRC Infrastructure
IES's Management College and Research Centre provides modern amenities with state-of-the-art infrastructure to its students. The facilities of the college include classrooms, library, computer lab, auditorium, student lounge, hostel facility, etc.
For more information about IES's Management College and Research Centre check out the below video:
Library
Hostel
Labs
Others
Commonly asked questions On Infrastructure
- 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
Facilities that are available at IES’s Management College and Research Centre are library auditorium, computer labs, medica facilities, hostels, cafteria and sports complex.
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IES MCRC Collaborations & Partnerships
IES MCRC has collaborations with different countries like Ireland, Switzerland, USA, Australia and Taiwan and below are the details for IES MCRC collaborations & partnerships:
- The institute has signed MOUs with universities in Ireland, Switzerland and Taiwan and it is in final stage of discussions with universities in Australia and the USA. Through these MoUs, IES MCRC students can avail these:
- Study Abroad Immersion programs (4 - credit course) in Australia, Ireland, Switzerland, Taiwan, USA
- Student Exchange Program (Semester abroad) for duration of 5 months in Taiwan and Ireland. Also, tuition fee waiver by the foreign universities.
- Students get Paid International Internship at Taiwan for 3 months.
- The institute has industry alliances with CII, IMC, ISTD, NIPM, AMDISA, IDMA and many more.
IES MCRC University FAQs
Candidates can check the FAQs below:
Yes, PGDM is available at IES MCRC. This pogramme is offered in affiliation with Mumbai University. Students who wish to enrol can check below to know more:
- Duration: Two years
- Selection: CAT/XAT/CMAT/MAT/ATMA/MAH-CET/GMAT scores
- Fees: INR 6 lakh
- Note: The above information is taken from official sources. However, it is subject to change.
The college has released the combined PGDM and PGDM (PM) placement report for 2025. From 2023 to 2025, a fluctuating trend was observed in the overall average package, which is depicted in the table below:
| Particulars | Placement Statistics (2023) | Placement Statistics (2024) | Placement Statistics (2025) |
|---|---|---|---|
| Average package | INR 7.50 LPA | INR 7.20 LPA | INR 8.8 LPA (PGDM) INR 7.20 LPA (PGDM PM) |
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.
- A bachelor's degree or equivalent in any discipline from a recognised Indian or foreign university
- A minimum of 50% aggregate marks
- Work experience
- Group discussion or micro presentation
- Personal interview
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) |
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 |
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 |
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:
| Particulars | Average Stipends (2025) |
|---|---|
| PGDM | INR 10 Thousand per month |
| PGDM PM | INR 8 Thousand per month |
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:
| Particulars | MBA Placement Statistics (2024) | MBA (PM) Placement Statistics (2024) | Overall Placement Statistics (2024) |
|---|---|---|---|
| Students registered | 107 | 28 | 135 |
| Students placed | 91 | 28 | 119 |
Every year, the minimal academic standards for admission to IES MCRC may change. Even though a 70% in class 12 may not be enough to qualify for the PGDM program, the institute takes into account a number of other variables before making its final decision, including results from admission exams, group discussions, in-person interviews, and work experience. The cutoff for entrance tests like CAT, XAT, MAT, ATMA, and CMAT is also taken into account for the PGDM program. The 80 percentile is the overall threshold for the MAT exam at IES MCRC. Consequently, the institute's admission requirements take into account a variety of aspects for the ultimate selection, even if class 12th marks are significant.
- 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.
- 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.
Pharmaceuticals/ Healthcare was the top recruiting sector during the 2024 placements with a 21% share. The second in the sequence was Banking and Insurance. The snip below illustrates the sector-wise distribution of IES MCRC placements 2024:
Source: Official Report
According to unofficial sources, the IES’s Management College and Research Centre alumni primarily work in the Business Development sector with a 28% share. The pie chart given below illustrates the detailed sector-wise distribution of alumni:

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 | ||
|---|---|---|
| CBRE | Morgan Stanley | Publicis Media |
| L&T Realty | RBL Bank | Macleods |
| Reliance Retail | Nielsen IQ | Motilal Oswal |
| Lupin Digital Health | BNP Paribas | Alkem |
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.
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) |
The IES MCRC placement report for PGDM has been out on the official website but the highest package offered is not available as of yet. The highest packages offered during IES College placements 2024 and 2023 are tabulated below:
Particulars | Placement Statistics (2023) | Placement Statistics (2024) |
|---|---|---|
the highest package | INR 10 LPA | - INR 18.33 LPA (on-campus) - INR 10 LPA (off-campus) |
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 |
IES MCRC
Student Forum
Answered 5 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
Contributor-Level 10
Answered 6 months ago
To know which is a better choice, students must weigh both options based on important factors such as fees and ratings. As per official sources, the fees to pursue PGDM at IES MCRC and Chetana's Institute of Management and Research is INR 6 Lacs and INR 9.40 lakh, respectively. In terms of fees, IES
S
Contributor-Level 10
Answered 6 months ago
Yes, the IES MCRC admission portal is open for the academic year 2025-2026 for all courses. The institute has released the application forms. Students who are keen on taking admission must submit the application form. The institute has not yet announced the last date to apply. Candidates who wish to
S
Contributor-Level 10
Answered 6 months ago
No, IES's Management College and Research Centre does not refund fees in case students wish to withdraw their admission. As per the institute's refund policy, the fees, once paid is non-refundable and non-transferable. Moreover, the policy also states that the institute reserves the right to cancel
S
Contributor-Level 10
Answered 6 months ago
Students who get selected for admission to the IES Management College and Research Centre courses must pay the prescribed fees to secure their seat. The fees can be paid via various online modes. For online mode, students can pay through NEFT, debit card, and credit card. Students who wish to know m
S
Contributor-Level 10
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Updated on Sep 25, 2025
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IES MCRC "Vishwakarma" M.D. Lotlikar Vidya Sankul, 791, S. K. Marg, Bandra Reclamation
Mumbai ( Maharashtra)
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What is the placement package at IES MCRC?