ICFAI Business School Mumbai Powai Answered Questions

The placements in IBS Mumbai are good, in fact, better than expectations. The highest package goes upto Rs 11.5 lakhs for few selected companies such as JP Morgan Chase, Darashaw, etc. The average package goes upto Rs 5 lakhs to 6.5 lakhs for certain companies like E clerx, ICICI Bank, Kotak Mahindra Bank, Kotak Securities, Kotak Prime, HDFC Bank, Tata AIG, Bharti AXA, Lodha Group, Indiabulls Securities, Indiabulls Real estate. There are certain companies which provide good packages, it includes companies like Deloitte, Crisil, Datamatics, ICICI Securities, Religare Securities, etc. In spite of having a batch full of competition which includes a bulk batch, the placements cell on the urge of achieving 100 % placements, instead of certain factors like demonetization, changes in company recruitment. IBS Mumbai has a dedicated team of placement department which works hard day and night to invite companies to campus and to encourage students to participate in campus placements. Proper training is provided to students for preparing students to face the challenges coming forward at the time of aptitude test, personal interview, and group discussions. Soft skills sessions and Personal effectiveness management sessions are held for the students which helps a student to work on his weakness and to overcome those weaknesses in order to get placed in the desired organization of their choice or profile or sometimes the package offered by companies usually changes an individual's choice of selecting the company in which he or she wants to get placed and want to pursue or start a career of his or her choice.

LBSIM is a branch of LBSIM-New Delhi. Its Delhi campus is among the premiere B-Schools of India. If you got shortlisted for LBSIM-Indore you can attempt the GD-PI. Its a new campus but a known brand name. Corporate world do look for college brand.

AICTE approval is not compulsory to pursue a career in management as a professional even though in finance. Majority of the companies just want a candidate needs to have a MBA/ MMS/ PGPM/ PGDM degree, diploma or certificate. It is more than enough for pursuing a career as a management professional irrespective of the field of your interest. AICTE approval is only needed if you want to work as a Government employee in future or want to do PhD or M.Phil. Some of the countries may even demand for AICTE approval institutes, but it may vary depending on the country or the particular institute of that specific country . As far as pursuing management is concerned that too in any domain will not hamper your career as your degree will play a very important role in the overall management and development of your career. As management education will not only enhance your personality but will also provide your a platform to become successful in life and it will definitely give you a great start to your professional life in Finance, it is not must that the Institute should have AICTE approval to get Job or start your career in Financial management companies like JP Morgan Chase, Deloitte, CRISIL, E Clerx, HDFC Bank, ICICI Bank, Kotak Securities, Kotak Bank, ICICI Securities and So on . Let me tell you the above mentioned companies visits IBS Mumbai every year and recruit a good number of candidates for finance domain or specialization.

Hello Ria,
I appreciate your interest in IBS, Mumbai for Management courses. As far as college the feedback is concerned, it's the current and passed out students of the college who can provide you the best ones. For the same, kindly refer to the link below for reviews by the college alumni:
http://www.htcampus.com/college/ibs-mumbai/reviews
I hope this answers your question. If you have any further questions, kindly revert.

Hi Aditi,
It's a decent B-school for pursuing Finance, provided you don't have better options available (JBIMS, NMIMS, SP Jain, Somaiya, Sydenham, etc). The college officials haven't posted anything specifically about the placement figures for Finance. So, you need to directly contact them for further information:
http://ibsindia.org/final-placements/
Here's the link. I hope it helps.

Yes, PGPM does have dual specialization. The specialization could be a combination of Marketing + Finance, Marketing + HR, Marketing + Operations, Marketing + IT, Finance + HR, Finance + Operations, Finance + IT, and so on. 2 subjects of each specialization. There is also majors + minors of specialization wherein you could choose or select 3 subjects of one specialization which would be your major specialization and anyone subject of either banking, operations, finance and IT which would be considered as your minors specialization, both the ways of selecting subjects are good. Selection of the subject is usually based on the kind of field in which you want to make your career. Sometimes at the time of interviews or campus selection for placements, selection of subjects might make a difference in your selection for a particular post and for a specific kind of organizations. For example, in order to make a career in banking, it is better to choose subjects like Banking Service Operations, Overview of Banking, and Marketing of Financial Products.

If you really want to pursue MBA from Kolkata, why aren't you opting for Unitedworld School of Business? This institute has been maintaining a 100% placement record since its establishment and has a multi-layer placement cell for providing regional, national and international placements.
Here is a list of some of the companies that have recruited students from this institute in the past:
Google
Coca-Cola
Nestle
Parle
Justdial
Oyo
Pran Dubai
Times Group
Paytm
Airtel
JK Tyres etc.
Placement is the main USP of this college. Even during this hard times when other colleges are failing to provide any placement opportunities to its students, Unitedworld School of Business is maintaining a 100% placement record.

Visit www.ibsindia.org , you will get everything you require right from the E Brochure, placements, admission, eligibility criteria, selection process for admission in different IBS Centers, IBSAT (Aptitude Test), Group Discussions, Personal Interviews, etc. If possible, visit IBS Mumbai, Hiranandani Knowledge Park, Opposite Hiranandani Hospital, Powai and ask for FTP department at the entrance, they will provide you detail assistance. Rest is as you wish. E Brochure is not available with me as the institute keeps it confidential to share it publicly with others, sorry for the inconvenience.