ICFAI Business School Mumbai Powai Answered Questions

IBS Mumbai and Dr. D.Y. Patil Institute of Management Studies are two great institutes for higher education, but they differ in some key areas. Here's a comparative study to help decide which may be more fruitful for you :- IBS Mumbai  Reputation :- IBS Mumbai forms part of ICFAI University group, which is known for having a very strong academic reputation as well as industry connections. Accreditation: The university has a membership with UGC and has a very refined curriculum, which is acknowledged to be recognised globally.  Placements: The strong placement record stands very well because of the reputable companies like Amazon, Deloitte, Infosys, KPMG, etc., that recruit students. The average pay is around? 7-8 Lacs per annum. Faculty: The faculty members are experienced and qualified, with many of them holding PhD degrees and working along with industry experience for a long time. Fees: The fee structure is on the higher side, with average fees being around? 8-9 Lacs for the entire program.   Dr. D.Y. Patil Institute of Management Studies (DYPIMS)  Reputation: DYPIMS is part of the Dr. D.Y. Patil Group as well, and it has proved its worth in holistic development along with its management education. Accreditation: This college is affiliated to Savitribai Phule Pune University (SPPU) and accords admission to AICTE-approved MBA programs.  Placements: The placement record is good too, with companies recruiting graduates being Cognizant, ICICI Bank, Wipro, HDFC, and others. The average salary ranges from ?5-6 Lacs to ?6 Lacs per annum. Faculty: DYPIMS has a fairly experienced faculty, but it may not be much in terms of industry experience or exposure to global markets when compared to IBS Mumbai.  Fees: The fee structure here is pretty low too: from around? 4-5 Lacs for the entire program.  Conclusion  Pick IBS Mumbai if you are looking for strong industry ties, a more global outlook, and can afford the higher fees.  Choose D.Y. Patil Institute of Management Studies if you want a more affordable option with good education geared towards holistic development and management.

IBS Mumbai admission to this course is entrance-based. The institute accepts and shortlists students based on IBSAT/XAT/GMAT/NMAT/CAT by GMAC scores.IBS Mumbai's admission process for its flagship PGPM programme is based on a valid score in one among ICFAI Business School Aptitude Test (IBSAT)/ CAT/ GMAT or NMAT by GMAC exam followed by a GD and Personal Interview PI rounds.60 percentile and above is the IBS Bangalore CAT cutoff for the MBA programme. 150 and above is the NMAT cutoff for IBS Banaglore MBA admission. 2: What is IBS Bangalore GMAT cutoff? 500 and above is the IBS Bangalore GMAT cutoff accepted for the IBS Business School Bangalore MBA admission

ICFAI Business School Mumbai conducts ICFAI Business School Aptitude Test (IBSAT) for admission to its Management courses. However, it is not compulsory for selection. Aspirants with a required score in other accepted exams: CAT/GMAT/NMAT by GMAC/XAT are also eligible to apply. Moreover, aspirants shall check out the eligibility requirements before applying for the course. Candidates are shortlisted based on accepted exam scores for further selection rounds. Read more on IBS Mumbai admissions here.

IBS Mumbai offers well-equipped infrastructure which inculdes classrooms, labs, library, sports complex, gym, cafe, confernece hall, auditorium, and many other facilities offered to the students. It has a well-stocked library with various books, national journals and magazines, and over 2,000 CDs for its students. The institute offer various cultural and sports activities to the students. 

{Source: MBA/PGDM students & alumni}Pursuing MBA/PGDM at IBS Mumbai: Worth it? Here's a summary of the feedback from current students and alumni:Pros:* Excellent faculty members with industry experience and qualifications* Relevant and practical course curriculum* Good placement record with top recruiting companies like Deloitte, HDFC, and Aditya Birla* Opportunities for internships and projects* Well-equipped infrastructure with modern facilities* Strong emphasis on developing soft skills and personalityCons:* High fees structure (around INR9 Lacs per annum)* Limited hostel facilities* Competition for placements due to large intake of students (over 1000)* Some students may find the academic rigor challengingPlacement Statistics:* Average salary package: INR7-8 LPA* the highest package: INR15.6 LPA (national), INR11.3 LPA (international)* Over 90% of students get placed* Top recruiting companies include JP Morgan, Deloitte, HDFC, Aditya Birla, and othersOverall Assessment:Based on the feedback, pursuing an MBA/PGDM at IBS Mumbai appears to be a good decision for those seeking a practical and industry-focused education. While the fees might be steep, the college's reputation, faculty expertise, and placement record make it a worthwhile investment. Additionally, the emphasis on developing soft skills and personality can benefit students in their future careers. However, potential students should carefully consider the pros and cons before making a decision.

{Source: MBA/PGDM students & alumni}Effective Placement Cell* The placement cell at IBS Mumbai is highly effective, with nearly 95% of students getting placed (Source: Multiple students' reviews)* Top companies like Deloitte, JP Morgan, Morgan Stanley, HDFC, ICICI, Nestle, Asian Paints, and many more visit the campus for placements (Source: Multiple students' reviews)* The average salary package offered is around 6-6.5 Lacs per annum, with the highest package reaching up to 10-11 Lacs (Source: Multiple students' reviews)* Roles offered include finance, marketing, HR, and operations, with a focus on sales and marketing profiles (Source: Multiple students' reviews)* The college also offers international internship opportunities, with students receiving a stipend ranging from 30,000 to 50,000 Rupees per month (Source: Multiple students' reviews)Overall, the placement cell at IBS Mumbai is highly effective, with a strong track record of placing students in top companies and offering competitive salary packages.

IBS Mumbai is a well known institute which offers PGDM programme to the students. The fee structure for the MBA programme is INR 9.1 lakh. The fee structure inculdes tuition fee for the two-year programme. The highest and average package offered during IBS Mumbai placements 2024 stood at INR 20 LPA and INR 8.03 LPA, respectively. The institute has good ROI as per the fee structure. 

ICFAI Mumbai offers various extra curricular activities and various clubs for different activities. Students have the opportunity to take part in various clubs as per their intrest. IBS provides a multitude of opportunities for sports and other extracurricular activities. The clubs and committees organize quizzes and debates, and meet frequently to discuss new ideas, issues, and developments in their areas of interest. Students participate in sports and games at the well-equipped Sports Activities Center as well as the swimming pool on campus. 

IBS Mumbai offers commendable placements records. The institute has a dedicated placement cell which focuses on personality development, career counselling, internships, and a strong industry interface. The the highest and average package offered during IBS Mumbai placements 2024 stood at INR 20 LPA and INR 8.03 LPA, respectively.

IBS Mumbai is one of the top-ranked colleges in India. Getting admission to IBS Mumbai is every student's dream. The college offers admission to various students based on merit, entrance exams, and interview rounds. The accepted entrance exams are CAT, XAT, MAT and others. The institute selection for this course is carried out through the ICFAI Business School Aptitude Test (IBSAT). Shortlisted candidates are called for interview and final selection is based on academic performance and personal interview conducted by the institution itself.