ICFAI Business School - [IBS], Mumbai

IBS Hyderabad is the better option. It offers better academics. You will get to learn how businesses work from well-experienced faculties. It has good placement record. IBS Hyderabad placements 2021 concluded with an average CTC of INR 7.07 LPA. 

IBS Mumbai is also a good option if you are interested in joining Banking jobs. It also has lower course fees compared to IBS Hyderabad. 

If you're considering an MBA program, Hyderabad, Mumbai, and Gurgaon are three of the most attractive options based on their placement prospects. Only the Hyderabad, Jaipur, and Dehradun campuses offer an MBA program, while other campuses offer PGPM. If you want a dual degree, you can pursue a PGPM from the campuses offering the program, combined with a distance learning MBA.

The cost of your education is another important factor to consider. The Mumbai and Gurgaon campuses will cost you approximately INR 9 lakhs for PGPM, while the Hyderabad campus charges approximately INR 16 lakhs for an MBA.

In terms of placement statistics, IBS Hyderabad had a 99% placement percentage in 2022 with an average package of INR 8.71 LPA. On the other hand, IBS Mumbai had an average package of INR 7.14 LPA with the highest international and domestic packages of INR 53.45 LPA and INR 15 LPA, respectively. IBS Gurgaon had an average salary of INR 6.81 LPA with the highest international salary of INR 22.18 LPA and the highest domestic salary of INR 11 LPA. The average salary for the top 10% and top 25% was INR 10.06 LPA and INR 8.76 LPA, respectively.

Before making your final decision, it is important to carefully weigh all of these factors. While Hyderabad offers excellent opportunities for development and growth, including a strong club culture, Mumbai and Gurgaon may be better options for you if you are closer to your hometown or primarily concerned about the return on investment.

Welingkar Mumbai beats IBS Mumbai in terms of learning opportunities, salary packages offered, and exposure. 

IBS Mumbai has a huge batch size. There are more than 1000 students including all specializations. While Welingkar has a batch size of 600. 

Welingkar has a better placement record as well. According to the recent highlights, Welingkar Mumbai average package is INR 8.8 LPA. While the highest package is INR 19.73 LPA.  

It is subjective and it completely depends on your goals and your preferences. Below is a table showing and comparing both the colleges on different aspects;

Ultimately the choice is yours. So, choose wisely. All the best!

I would suggest you choose Athena over IBS. While both are in Mumbai, their teaching methods are very different. IBS emphasizes batch size, quantity (1000 students for the Mumbai college), a highly easygoing college life, and a curriculum with only one internship. Because there are no international internships or exchange programs, global exposure is not prioritized.

Athena focused on Corporate Connect, Quality of Intake (only 60 to 70 students), and a very demanding and busy education with many internships. There is a lot of foreign exposure with two overseas immersions and one international internship.

When it comes to jobs and placements, Athena has an average of 7.00 lacs each year and a large number of Pre Placement Offers. This means that all of their students receive jobs, with the exception of those who opt not to go through the placement procedure. IBS earns an average of 6-7 lacs a year, yet 200-250 students do not get jobs. This is a major issue when there are so many new students each year.

If you’re only concerned about the ROI, IBS Mumbai could your best bet since it is leading the table.But I believe there is more than one way to assess a B-School so we’ll also compare the campus lives and see if it changes anything. So, IBS Mumbai and Kolkata both came into existence in the year 1995 and have a beautiful campus although it’s not as huge as the Hyderabad campus, you’ll get the corporate feel here. 

All three colleges have a vibrant culture where you get to be part of some club or committee and get to explore.

These are the latest data available on the websites of the colleges and might not reflect the current placements data. 

NDIM (New Delhi Institute of Management) and IBS (ICFAI Business School) Mumbai are both well-known business schools in India. While both colleges have their strengths and weaknesses, choosing between them ultimately depends on your individual priorities and goals.

It is subjective and the choice will and should depend on your goals, preferences and any other constraints you might have. So, choose wisely. Hope it helps, All the best buddy!