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IPS Academy MBA Courses & Fees 2024: Eligibility, CMAT, Admission Process, Placements

  • B NAAC accredited
  • Private Institute
  • Estd. 1999
Dark Clock Icon Last updated on 12 Sep '25

IPS Academy MBA/PGDM
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IPS Academy MBA Eligibility & Highlights 2024

iconReturn on Investment
Total Tuition Fees 51.6K - 2.3L
Median Package 3.5L - 5.9L
iconEligibility Criteria
Accepted Exam
  • CMAT
  • Graduation score50%
    Q&A Icon
    Commonly asked questions
    On Highlights
    Q:   Is IPS good for MBA?
    A: 

    MBA is one of the top courses of IPS Academy. The institute is ranked by Times in 2023 rankings. On the placement front also, the institute has outshined. The the highest package offered during IPS Academy Indore MBA placements 2023 stood at INR 21.8 LPA. Further, a total of 458 companies visited the campus and 1,522 students were placed during IPS Academy Indore placements 2023. 

    Q:   How can I get admission to the IPS Academy MBA course?
    A: 

    IPS Academy MBA admission is entrance-based. The institute selects candidates based on their performance in the CMAT. The step-wise process for MBA admission at the institute is given below:

    Step 1: Visit the official IPS Academy website to register and apply. Aspirants will need to pay an application fee to register for a course.

    Step 2: The institute will shortlist candidates for MBA admission based on their CMAT score. The seats are allocated to candidates who have a valid CMAT score through the MP DTE counselling.

    Step 3: After the counselling process, those who have been allotted a seat for MBA at IPS Academy must submit the applicable course fee to confirm their admission.

    Q:   How can I increase my chances of getting a job after pursuing an MBA from IPS Academy Indore?
    A: 

    MBA at IPS Academy Indore opens doors to a wide range of career prospects. However, with growing competition, candidates must have an edge over others to be able to secure a suitable job. Candidates can follow the tips given below to increase their chances of getting employed:

    • Enhance your skills- Candidates can focus on building important skills such as critical thinking, problem solving, logical reasoning, etc. help in shaping your career.
    • Find a good internship- Always look for internships that compliment your dream career. Good internships will not only let you gain experience but will give you an edge over the competitors.
    • Make an impressive resume and prepare for the interview- To stand out amongst thousands of applicants you need to be creative and well represented with your resume. You can download samples available online or get your resume prepared through a writing agency.
    • Join the alumni network/establish a good network- Joining the alumni network of the university may prove to be an important step towards establishing a good career. You get updates about vacancies in top companies; tips to crack an  interview, general career guidance and many more.

    IPS Academy MBA/PGDM
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    IPS Academy
    Fees details 2025

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    Fee componentsAmount (for 2 years)
    ₹ 2.26 L - 2.3 L
    ₹ 2.26 L - 2.3 L
    Info Icon

    These are estimated fees information. Actual values may differ.

    The value for money rating of this course is 3.8/5 (51 Reviews).View placement detailsExternal Link Icon Placement Insight Icon
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    IPS Academy MBA Admission Dates 2024

    DatesPast Events
    13 Feb '25
    CMAT 2025 Result
    25 Jan '25
    CMAT 2025 exam date
    Q&A Icon
    Commonly asked questions
    On Admissions
    Q:   What is the MBA eligibility at IPS Academy?
    A: 

    Candidates need to complete graduation in any discipline with at least 50% aggregate to apply for IPS Academy MBA programme. Aspirants must hold the documents proving their eligibility for verification. Besides, candidates also need to pass CMAT for admission to MBA course.

    Q:   How much is MBA fee at IPS Academy?
    A: 

    The total tuition fee for IPS Academy MBA is INR 2.3 lakh. The fee is taken from an unofficial source. Hence, is indicative. Aspirants need to pay the course fee after counselling to confirm their seat in the institute. Apart from the MBA fee, candidates also need to pay a registration fee in the start.

    Q:   What are the minimum marks required for MBA at IPS Academy 2023?
    A: 

    The minimal score for MBA at IPS Academy in 2023 is 50% in your graduation.

    However, The minimum marks required for admission to the MBA programme at IPS Academy in 2023 may vary each year based on the number of applicants and the overall competitiveness of the applicant pool. It is recommended to contact the admissions office at IPS Academy directly for the most up-to-date information on the minimum marks required for admission to the MBA programme in 2023.

    IPS Academy MBA Admission 2024: How to Apply?

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    Q&A Icon
    Commonly asked questions
    On Application Process
    Q:   Is CMAT required for IPS Academy MBA admission?
    A: 

    Yes, candidates must have a CMAT score for getting admission to MBA programme. Besides CMAT, aspirants also need to complete their graduation in any discipline with at least 50% aggregate. Aspirants shortlisted as per the CMAT score and eligibility are then required to appear for the counselling round. Shortlisted candidates need to pay course fee to confirm their seat in the institute.

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    IPS Academy MBA/PGDM
    IPS Academy MBA Seats 2024

    Q&A Icon
    Commonly asked questions
    On Seats
    Q:   What is the MBA intake at IPS Academy?
    A: 

    The total seat intake for IPS Academy MBA is 720. Find below specialisation-wise intake for MBA at the Academy:

    CoursesSeats
    MBA in Financial Administration120
    MBA in Marketing Management120
    MBA in International Business60
    Master of Business Administration (MBA)420

    IPS Academy MBA/PGDM Placements

    Insight Icon

    Insights on Placements

    Based on 84 Student Responses
    Review Insights Star Icon
    Internships and industry projects

    Students can work with faculty on research projects

    Review Insights Star Icon
    Internships and industry projects

    Offered in the final year only

    Review Insights Star Icon
    Employment opportunities

    Many students started their own start-ups

    Review Insights Star Icon
    Employment opportunities

    Higher in core jobs

    Review Insights Star Icon
    Higher studies preferences

    Majority opted in India

    Review Insights Star Icon
    Placement support

    Organized & proactive placement process

    Review Insights Star Icon
    Alumni network

    Strong alumni network that help with placement opportunities

    Review Insights Star Icon
    Entrepreneurship cell

    Very Active and resourceful, college is also involved

    Review Insights Star Icon
    Overall feeling of students

    Love being in college

    View placement detailsRight Arrow Icon
    Q&A Icon
    Commonly asked questions
    On Placements
    Q:   What are the job options after MBA from IPS Academy?
    A: 

    After completing a degree from one of the best MBA Colleges in India, you are open to multiple opportunities. An MBA graduate gets jobs which include team lead and managerial responsibility of the department. Given below are some of the popular job options after MBA and their corresponding salaries:

    MBA jobs

    Average salary (INR)*

    Finance Manager

    9.6 LPA

    Marketing Manager

    10 LPA

    Sales Manager

    10 LPA

    Human Resources Manager

    4 LPA

    Operations Manager

    7 LPA

    Product Manager

    15 LPA

    *The salary data has been obtained from Payscale.com

    Click here, to know career options available after MBA.

    Q:   What is the placement of IPS MBA?
    A: 

    Find below IPS Academy MBA placements:

    ParticularsStatistics
    the highest packageINR 21.8 LPA

    IPS Academy MBA Rankings 2024

    Q&A Icon
    Commonly asked questions
    On Rankings
    Q:   What is the MBA ranking of IPS Academy?
    A: 

    IPS Academy MBA programme has been ranked by Times for three consecutive years. Check below the Times ranking for IPS Academy MBA course for the past two years:

    Publisher20232024
    Times8989
    View Ranking DetailsRight Arrow Icon

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    IPS Academy
    Comparison with similar colleges

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    Compare MBA/PGDM at IPS Academy with other similar colleges

    CollegeMedian SalaryTotal Tuition FeesRanking
    ₹ 3.5 LPA₹ 2.3 L -/-
    ₹ 3.8 LPA₹ 69.5 K - 1.39 L -/-
    ₹ 4.25 LPA₹ 2.6 L - 5 L -/-
    ₹ 3 LPA - 3.5 LPA₹ 1.2 L - 1.72 L#266 Business Today, 2024
    -/-₹ 1.49 L - 3 L -/-
    -/-₹ 1.17 L - 1.89 L#98 Business Today, 2024
    The values are of the latest years available with Shiksha. For more details, check detailed comparison
    View comparisonsRight Arrow Icon

    IPS Academy MBA/PGDM
    Explore Other Courses

    IPS Academy MBA/PGDM
    Students Ratings & Reviews

    4.1/5
    Verified Icon45 Verified ReviewsInfo Icon
    Placement Review IconPlacements3.9
    Infrastructure Review IconInfrastructure4.4
    Faculty Review IconFaculty & Course4.1
    Crowd Review IconCampus Life4.3
    Money Review IconValue for Money3.8
    What students say about IPS Academy
    Placements
    Infrastructure
    Faculty
    Other
    LikesView All
    Top recruiting companies like ICICI Bank, Canara Bank, Colgate, etc., visit our college for placements.
    Based on 22 Reviews
    S
    Sakshi Agrawal Verified Icon
    Master of Business Administration (MBA) - Batch of 2025
    3.6
    3Placements5Infrastructure3Faculty4Crowd & Campus Life3Value for Money
    Absolutely dissatisfied because of the faculty. It has good placements. It is a good college.
    Placements: Around 60% of students get placed. The lowest package is 2.5 LPA, and the highest package is 12 LPA. The top companies for our course are Federal Bank, TCS, Dmart, ICICI Securities, PlanetSpark, 99acres, etc. 50% of students got internships from the college in companies like Zielhoch,  Home First Finance, etc. The top roles offered are finance, marketing, HR, data analytics, and international business.
    Infrastructure: All types of facilities are available with good quality. Wi-Fi is available. Sometimes labs are there but not accessible. Classrooms are good. The library is very good, spacious and accessible all the time. The hostel is very good. There is no washing machine or a cooler during summer. There are no such facilities according to money.
    Faculty: Teachers are helpful except for some teachers. The teaching quality is average. The course curriculum is related as they teach from PPTs. There is no practical experience or any training to work in corporate. Only exams are conducted frequently. Semester exams are easy and the pass percentage is 34%.
    Other: There are 900 students only in the MBA and there are 6 sections. I think they should give training and practical experience more than theoretical. Only one fest of 3 days is conducted and the rest, no events or festivals are celebrated. A fresher party and farewell party are also there but for that students have to pay money.
    Reviewed on 6 Jun 2025Read More
    Thumbs Up Icon(1) Thumbs Down Icon1 person found this helpful
    N
    Nikhil Mishra Verified Icon
    Master of Business Administration (MBA) - Batch of 2025
    5
    5Placements5Infrastructure5Faculty5Crowd & Campus Life5Value for Money
    Absolutely amazing and awesome experience.
    Placements: Above 6.5 CGPA is required for placements. The highest package is 6 LPA, and the lowest salary is 3.5 LPA. There are many companies like Asian Paints, Berger Paints, Home First, TCS, and many more. Students above 6.5 CGPA can get placements very easily. The relationship manager, senior manager, junior manager, and many other great players are available in this course.
    Infrastructure: Everything necessary for the students is available. The library is very silent and best in Indore. There is atmosphere that is fully dedicated to the students. The hostel facilities are available separately for boys and girls at the college.
    Faculty: Teachers are very helpful. They always help the students with every problem and project. The pass percentage is above 90%. The semester exams are a combination of easy, tough, and medium as well. The college provides industry visits to every student to get them ready.
    Other: The placements offered by the college.
    Reviewed on 23 May 2025Read More
    Thumbs Up IconThumbs Down Icon
    K
    Kundan Tare Verified Icon
    Master of Business Administration (MBA) - Batch of 2026
    3.6
    3Placements5Infrastructure3Faculty4Crowd & Campus Life3Value for Money
    Review of MBA in IPS Academy, Indore.
    Placements: 70-80 percent of students are placed. The highest package is 10 LPA, the average package is 4 LPA, and the lowest package is 2.5 LPA. Top recruiting companies are Asian Paints, Berger, Aditya Birla, etc. Top roles offered by these companies are sales. Internship opportunities are less here.
    Infrastructure: The hostel is only available for girls, and the facilities given by the college are very impressive. The classrooms have smart boards, Wi-Fi availability, and sports activities are there. 2 canteens are available. Every year there is sports week. You can participate in any sport, wherever you want to participate.
    Faculty: Faculty members are very good, supportive, and kind. Teaching quality is also good. Exams are easy to pass, and the curriculum is a little old but relevant also. There are 2 semesters each year with 4 internals, 1 viva, and 2 assignments. It is mandatory to give all exams and assignments.
    Other: Events, fests, campus crowds, etc. are excellent. All the fests and events were organized by the college in a very good manner.
    Reviewed on 14 Nov 2024Read More
    Thumbs Up IconThumbs Down Icon
    A
    Anant Pachori Verified Icon
    MBA in Marketing Management - Batch of 2026
    4.2
    4Placements5Infrastructure4Faculty4Crowd & Campus Life4Value for Money
    Good placement, infrastructure, library, and excellent teaching style.
    Placements: Placement of students is 2 out of 10. It depends upon the skills of the students. Everyone has the opportunity to get placed. The highest package is 23 LPA and the lowest is 5 LPA. Top recruiting companies are Asian Paints, Cadbury, Britannia, and many more. 60% of students got internships.
    Infrastructure: The infrastructure of the college is very excellent. The library is free for every student in the college and the facilities are very good. Classrooms are high-tech, using technology to visualize the concept to the students. A girls' hostel is available in the college. The quality of food available is good, but it is expensive. Sports and games are held in the college.
    Faculty: Teachers are very helpful, qualified, and knowledgeable. They teach from basic concepts to advanced ones and treat everyone the same. They also clear every query of students and every doubt they have. The semester exam is difficult because every concept that is explained in class comes with practical circumstances. You have to relate it to real life in the exam. The pass percentage is above 90%.
    Other: I have decided to do this course for my graduation because I have my own goals. The best thing is this course teaches everyone the perspective of the real life of a manager and how to deal with people and the market.
    Reviewed on 17 Dec 2024Read More
    Thumbs Up IconThumbs Down Icon
    D
    Devvani Tiwari Verified Icon
    MBA in Financial Administration - Batch of 2025
    5
    5Placements5Infrastructure5Faculty5Crowd & Campus Life5Value for Money
    I never be dissatisfied from faculty and infrastructure in my college
    Placements: 70 -80 percent student were placed in my course. 12 LPA is the highest package of my college and 6 LPA is the average package,4 LPA is the lowest package. Deloitte, Jaro Education, HDFC bank, Federal Bank, ICICI securities. Zeilhoch, Insplore come for internship. Roles offered in my course are accountant, sales recruiter, hr assistant.
    Infrastructure: Infrastructure and facilities are very good in my college. Wifi ,labs, library, classroom facilities available in my college. Every quality is available in my hostel, food of canteen and message are also very good. Medical facilitate is also available in my college, sports and games are also played.
    Faculty: Teachers are helpful , qualified and knowledgeable. Most of the teachers are completed phd and have a degree of DR. Course curriculum is relevant in my college it make the students industry ready. Moderate level paper in every semester exam. Passing marks is 40 out of 100.
    Other: I chose MBA in financial Administration, personality development classes. Events, fest scholarship etc are also available in my college.
    Reviewed on 14 Oct 2024Read More
    Thumbs Up IconThumbs Down Icon
    K
    Komal Yadav Verified Icon
    Master of Business Administration (MBA) - Batch of 2025
    3.6
    4Placements3Infrastructure3Faculty4Crowd & Campus Life4Value for Money
    Honest opinion about IPS Academy.
    Placements: Approximately 60% of students get placed. The highest package is 9 LPA and the lowest package is 2.3 LPA. The college provides internships and many companies visit the college are good. The top recruiting companies for our course are Vodafone, Asian Paints, IndusInd Bank, Tata Consultancy Services, etc.
    Infrastructure: Classrooms are in okay condition, but no Wi-Fi is provided in classrooms. I did not opt for the hostel so I do not know much about it. I heard that the food is good in the hostel. Students will like college because it has many open spaces so we can sit and enjoy peacefully. The hostel fee is a bit expensive.
    Faculty: Faculty members are good and helpful. Some teachers have good knowledge about their subject but some teachers don't know anything about the subject. Exams are conducted every month. Students can enjoy the 1st year as much as possible because from 2nd year they will have much pressure about placements.
    Other: I chose this college because it is affordable and gives me a decent package in placements. The college organises fests and events for students' enjoyment.
    Reviewed on 24 Feb 2025Read More
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    IPS Academy MBA FAQs 2024

    Q:   Is there any age restriction to take CMAT exam?
    A: 

    The CMAT exam has no age restriction for participation. Anyone from any field, at any stage of their career, including recent graduates and working professionals, is eligible to take the CMAT. But the applicant ought to have finished their degree. Full-time or correspondence learning are also acceptable modes of instruction, however the institution must be connected to the UGC. The candidate must be at least 20 years old when taking the CMAT exam, as a graduation degree is often finished by the time an individual reaches that age. Thus, it is true that there is a minimum age requirement for taking the CMAT, but not a maximum age limit. Fresh graduates make up a sizable portion of the CMAT applicant pool because it is more convenient for them to pursue full-time study.

    Q:   Are there any government jobs that I can seek after pursuing MBA at IPS Academy?
    A: 

    After graduating from IPS Academy, there is a plethora of career opportunities for MBA degree holders. They can build a career in the private as well as the government sector after completing an MBA. They can apply for various government exams, leading to jobs in renowned organisations, such as RBI, SBI, NMDC, and others. Tabulated below are some of the top job profiles for MBA degree holders:

    Government Job Profiles After an MBA

    Reserve Bank of India (RBI) Grade B Officer

    Indian Railways Management Service (IRMS) 

    Central Excise and Customs Inspector (C&CE) 

    Security and Exchange Board of India (SEBI) Grade A Officer 

    Probationary Officer in Banks

    Quality Assurance Manager

    Q:   What is the placement scenario for MBA at IPS Academy?
    A: 

    IPS Acadmey provides placement support to the students enrolled in its MBA programme. The highest recorded salary package provided during MBA placements (2023) is INR 21.8 LPA. As per the IPS Academy reviews provided by students on Shiksha.com, the average rating of MBA placements is 3.9 stars out of five. Many big companies like Accenture, Colgate, Prism Johnson, ICICI Bank, S&P Global, etc. recruit students from the Academy. The average package as per the student reviews ranges between INR 4 to INR 5 LPA.

    Q:   When will CMAT 2025 be conducted?
    A: 

    CMAT 2025 was on January 25, 2025, almost four months ahead of previous years. The CMAT exam is usually held in March-April, but in 2023 and 2024, it was held in May. The last time CMAT was held in January was in 2019.

    The NTA announced registration dates via an official circular, which was released online on the NTA website on November 14, 2024. The CMAT 2025 exam schedule includes registration window open and close dates and form correction dates. CMAT 2025 registration has started, and the last date to apply was December 13, 2024, and the admit card was released on January 20, 2025.

    Q:   When can I apply for admission to MBA at IPS Academy?
    A: 

    IPS Academy MBA admission dates vary from year to year. The admission is either based on the applicant's CMAT score or their graduation score. The CMAT application process typically takes place in April and May. The application window for the current academic year (2024-25) has already closed. The classes for the MBA programme have started in September 2024. Candidates seeking admission to the MBA programme for the academic session of 2025-26 can apply for CMAT 2025 in April 2025 (tentative).

    Q:   What is the fee for MBA at IPS Academy?
    A: 

    The MBA fee at IPS Academy comprises multiple components, such as tuition fees, hostel fees, mess and other security deposits, etc. The MBA tuition fee at IPS Academy is INR 2.3 lakh. The mentioned fee is sourced from the official website of the university/sanctioning body. It is still subject to change and hence, is indicative. Selected candidates must submit the first instalment of the MBA fee after the counselling and document verification process.

    Q:   What is the eligibility criteria for MBA in IPS Academy?
    A: 

    IPS Academy offers a full-time MBA programme lasting two years. To be eligible for MBA admission, candidates must have completed their graduation in any discipline from a recognised university/institution. They must have scored a minimum of 50% aggregate in their graduation. Additionally, they must present the required documents to prove their eligibility at the time of admission.

    Q:   When will the CMAT result 2025 be released?
    A: 

    CMAT result 2025 was declared by the National Testing Agency (NTA) on February 13, 2025. The final answer key was released on February 14, 2025 The NTA does not announce the CMAT result date beforehand but releases the scorecard within a month of the exam date. In between the CMAT exam and the result announcement, the NTA releases official answer keys and verifies objections raised by candidates. 

    Q:   What is the highest and the median salary package offered to MBA students of IPS Academy?
    A: 

    According to the latest placement data available, the highest salary package offered during MBA placements at IPS Academy in 2023 stood at INR 21.8 LPA. The median package offered over the past three years during IPS Academy Indore PG (2-year) placements is presented below:

    Course

    Median Package (2020)

    Median Package (2021)

    Median Package (2022)

    PG 2-year

    INR 2.25 LPA

    INR 3.2 LPA

    INR 3.5 LPA

    qna

    IPS Academy

    Student Forum

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

    Answered 5 months ago

    To obtain the class schedule for the MBA programme at IPS Academy, Indore, you can refer to the official Academic Calendar provided by the Institute of Business Management & Research (IBMR). This calendar outlines important dates, including the commencement of classes, internal exams, semester break

    ...Read more

    V

    Venkatesh Gorla

    Contributor-Level 8

    Answered 5 months ago

    No, direct admission is not available at IBMR IPS Indore for the Management courses. The admission process for 2025 is solely based on entrance exams, and candidates must meet the eligibility criteria and perform well  the exams like CMAT to secure a seat in the institute's programs. Admission is co

    ...Read more

    s

    saurya snehal

    Contributor-Level 10

    Answered 5 months ago

    The application process for IBMR IPS Indore requires candidates to visit the official website. Clicking on the "Apply Now" tab, entering the required details, and making an online payment of the application fee. Applicants are then required to fill out the application form, providing academic inform

    ...Read more

    s

    saurya snehal

    Contributor-Level 10

    Answered 5 months ago

    IBMR IPS Indore offers scholarships up to certain amount to help candidates get the higher education they deserve. Scholarships are offered on the basis of merit in entrance exams and academics. The scholarships are given on first cum first-served basis to meritorious students. A scholarship is equa

    ...Read more

    s

    saurya snehal

    Contributor-Level 10

    Answered 5 months ago

    To get admission to the MBA programme at IBMR IPS Indore in 2025, candidates should meet certain eligibility requirements. A necessity for applicants is to hold a three-year Bachelor's degree from a recognised university, with a minimum of 50% aggregate score. This academic requirement ensures that

    ...Read more

    s

    saurya snehal

    Contributor-Level 10

    Content authored by:

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    Bhumika Khandelwal

    Updated on Sep 12, 2025

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    Knowledge Village, Rajendra Nagar
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