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Questions Asked On IBS Mumbai, Mumbai

What is your review of ICFAI Business School, Mumbai?

SB
Suchitra Banerjee Posted On : March 3rd, 2022
Master of Business Administration Degree, ICFAI Business School, Hyderabad

ICFAI Business School, Mumbai is among the most preferred destinations for many MBA aspirants. It is ranked among the top 25 management institutes in the country and in the top 5 in Mumbai constantly. This is well reflected in the number of students joining each year as well as the recruiters visiting the campus placement. It has an excellent pool of faculty. To make the learning process smooth, IBS offers state-of-the-art facilities to students. As it is located in the finance and industrial capital of India, you will get good placement opportunities and exposure. 

The institute has maintained a good placement record over the year. Following are the recent placement highlights.

ICFAI Business School, Mumbai Placements, 2021 - 

  • The average CTC offered was INR 6.83 LPA. While the highest CTC offered was INR 12.40 LPA.
  • More than 95% of students received placements in companies like HDFC Bank, Mygate, ICICI Bank, Kotak Mahindra Bank, TCS, etc. 
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Which is better, IBS Hyderabad or IBS Mumbai?

AM
Archita Mishra Posted On : May 24th, 2022
Post Graduate MBA in Finance, ICFAI Business School, Hyderabad (2017)

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. 

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What is the order of preference among the following IBS (ICFAI) campuses: Hyderabad, Mumbai, Pune, Bangalore, Jaipur, Ahmedabad, Dehradun, Gurgaon, or Kolkata?

YA
Yash Arora Posted On : February 21st, 2023
MBA in Marketing, ICFAI Business School, Hyderabad (Graduated 2018)

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.

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Which college is better: IBS Mumbai or Welingkar Mumbai?

NM
Neha Mukharjee Posted On : May 4th, 2022
PGDM from Welingkar Institute of Management Development and Research (2020)

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.  

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I got selected in IBS Mumbai. Is there a chance for to swap my campus to IBS Hyderabad? I have gotten an 85 percentile.

GN
Gaurav NZ Posted On : February 14th, 2023
Branch Manager at ICFAI Business School, Hyderabad (2015-present)

I don’t really understand why you want to change campuses when the Mumbai campus is the most coveted one. I have a friend who despite being an IBS Hyderabad pass-out, considers the Mumbai campus way superior after spending months on a summer internship there.

He considers the IBS Hyderabad to be overestimated and apart from infrastructure, IBS Powai/Hiranandani is much better in all aspects. Moreover, the Mumbai campus enjoys the locational advantage of being closest to the city of dreams. The campus is in the vicinity of IIT Mumbai so you get to interact with many geniuses also. 

On the other hand, IBS Shankarpally, despite having top-notch infrastructure, lacks connectivity. You are disconnected from other students and the entire world if you choose this college. 

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Which B school is better in placement offers as per job roles, IFIM Bangalore, IMI Bhubaneswar, or Kolkata or ICFAI IBS Hyderabad or Mumbai?

GY
Gaurav Yadav Posted On : February 24th, 2023
PGDM from IMI Kolkata (Graduated 2020)

It is important to note that when it comes to placements in tier 3 B-schools, the job profiles offered are generally similar, with a focus on sales. However, the location of the B-school can have a significant impact on the placement opportunities available to students.

In cities where there are multiple B-schools located, such as Bangalore, Hyderabad, and Mumbai, competition between schools can be high, which affects the placements available to students. In contrast, schools located in cities without significant competition, such as IMI Kolkata and IMI Bhubaneshwar, may provide more reliable and decent placement opportunities.

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Which college is better, ITM Navi Mumbai or IBS Mumbai?

AJ
Advait Joshi Posted On : May 10th, 2023
Lives in Mumbai, Maharashtra, India

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;

Aspect

ITM Navi Mumbai

IBS Mumbai

Location

Located in Navi Mumbai, a satellite city of Mumbai, well-connected by road and rail

Located in the heart of Mumbai, well-connected by road and rail

Accreditation

Accredited by AICTE, NBA, and AIU

Accredited by AICTE and UGC

Rankings

Ranked 76th out of 120 management colleges in India by IIRF (2023)

Ranked 74th out of 120 B-Schools in India by IIRF (2023)

Placements

Highest salary INR 21 LPA

Average salary INR 8.5 LPA

Highest International Salary INR 53.45 LPA

Highest Domestic Salary: INR 15 LPA

Average Salary INR 7.14 LPA

Top Recruiters

Tns, Amazon, Shoppers Stop, Kotak Mahindra Bank, LG, JP Morgan

Anand Rathi Securities, Axis Bank, Emami, Coca-Cola, CITI Bank, DE Shaw, HDFC Bank, ITC, SBI

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

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Which college is better? IBS or Athena school of management for PGDM course in Mumbai?

AG
Akriti Gupta Posted On : May 6th, 2023
lives in Mumbai, Maharashtra, India

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.

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Among Kirloskar, ITM (Navi Mumbai) and IBS (Mumbai, Kolkata), which is best for an MBA?

AG
Akriti Gupta Posted On : June 3rd, 2023
lives in Mumbai, Maharashtra, India

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.

Institute 

Fee

Highest LPA

Average LPA

ITM Navi Mumbai

10 Lacs

12 

5.23

IBS Mumbai

9 Lacs

15

7.14

IBS Kolkata

9 Lacs

12 

6.91

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

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Which is a better college, NDIM, Delhi or IBS Mumbai?

TA
Tithi Aggrawal Posted On : May 10th, 2023
Lives in New Delhi

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.

Aspects

NDIM Delhi

IBS Mumbai

Accreditation

AICTE, AIU

UGC, AICTE, AIU

Program Offerings

PGDM, MBA, BBA

PGPM, MBA, Ph.D.

Teaching Method

Case-based

Industry-oriented

Fees

INR 10.6 Lakhs

INR 9.09 Lakhs

Highest CTC

INR 16.1 LPA (2020)

INR 53.45 LPA (International, 2022)

INR 15 LPA (Domestic,2022)

Average CTC

INR 8 LPA (2020)

INR 7.14 LPA (2022)

Top recruiters

Nestle, Adani Wilmar, Ernst & Young, Amazon, S&P Global etc.

JP Morgan, ICICI Bank, Deloitte, ITC, Accenture, KPMG, Bennett Coleman etc.

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!

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