ICFAI Business School Mumbai Powai Answered Questions

I would like to say that you must go for IBS Mumbai. There are various reasons such as affordable fees structure, easy instalment payment system, Case Study methodology of teaching, follows Harward Business School style of teaching and various other reasons such as good placements and track record of 100% placements every year. Companies like JP Morgan, HDFC bank, ICICI Bank, KPMG, CRISIL, Deloitte visits IBS Mumbai every year constantly.

The teachers are highly qualified in IBS Mumbai. Majority of the teachers have achieved PHD in varied field of specialisation. Few of the teachers are Head of Departments of their respective field of Knowledge such as Marketing, Finance, Operations, Human Resource, IT and so on. Selection of the stream depends upon an individual's knowledge, understanding and interest about a particular field . You need to select a stream very carefully as your knowledge, interest and dedication towards a particular field will decide your career path and the way towards success. Average package for the batch of 2014-2016 was 6.5 to 7 lakhs .

YES. Absolutely your decision is worth it. The difference in the packages offered by the companies visiting IBS Mumbai at the time of final placements is not much. After IBS Hyderabad, IBS Mumbai offers second highest package in final placements. Many big corporates and banks visits IBS Mumbai every year. Companies like JP Morgan Chase, HDFC, ICICI, CRISIL, Deloitte, Bank Of America, Kotak Mahindra Bank, Standard Chartered, ITC Hotels, Landmark Group, Satguru Travels, Tech Mahindra, Nestle, Reckitt Benckiser (Dettol) and so on visit IBS Mumbai every year constantly at the time of final placements. IBS Mumbai is also well know for providing 100 percent placements every year. The average package is of 6.5 to 7 lakhs and highest package is of 11.5 lakhs .

CMAT cut off scores changes as per the institutional norms. Last year the highest cut off list opened at 90 percentile and it slowly reduced till 60 percentile. If CMAT scores are high then the chances of selecting campus as per preference becomes high, even if some one has scored average marks in CMAT then also he or she is eligible for IBS but the campus preference selection becomes a problem. As IBS Hyderabad is in huge demand as per campus preference followed by IBS Mumbai, Pune, Ahmedabad, Bangalore and so on.

Yes doing MBA from IBS Mumbai is worth. There are various reasons due to which it is worth doing MBA from IBS Mumbai such as IBS gives easy instalment payment system for paying the fees. IBS teaches as per case study methodology teaching by following Harvard Business School. IBS has track record of 100 percent placements every year. Many big companies and banks visit IBS Mumbai every year at the time of final placements. The companies which visit IBS Mumbai are JPMC, KPMG, CRISIL, Bank of America, Deloitte, HDFC, ICICI, Kotak Mahindra Bank, AC Neilson, ITC Hotels, TCS, Standard chartered Bank, Nestle, Tech Mahindra and so on. Average package is of 6.5 lakhs and highest package is of 11.5 lakhs.

Average salary of fresher is 6.5 lakhs to 7 lakhs in ICFAI Business School (IBS). There are people who have done PGPM and have also applied for off campus placements who were not interested in getting placed on campus, they even got selected outside from companies outside, who never visited college. The benefit of getting or taking ON Campus placements from institute is that you will get a higher package as compared to OFF campus placements.

Hi Amol,
Frankly speaking I don't know much about IBS Mumbai, but whatever I have heard till now I think Chetana's is better option. We have good faculties and consistent 100% placement records at our credentials. Average package offered is between 5-6 Lacs.
All the Best

Last date of admission after selection in interview is 6th June, but still see to it that you take admission before 6th June if possible or institute allows to do so. Its better you contact the FTP department on ground floor of IBS Mumbai on a daily basis through tele calling or whats app at least. Check your emails regularly with reference to admission details provided by the college.

The maximum stipend offered during SIP is Rs.20,000 per month offered by a few marketing and finance companies . 750 got selected out of 790, remaining 40 applied from outside voluntarily. College will definitely help for SIP, you don't need to arrange for your own. If you are looking for a profile of your own interest or choice then you can also apply from outside. Decision will be all yours whether you want college to enroll you for a company during SIP or you want to search for a profile or a company of your own choice then you can even arrange for your self. But college will definitely assist you first for getting SIP.

Hey Dhruv,
hope you are doing good. Coming to your question :
Always decide a college after studying its previous placement records, the quality of the faculty teaching there, market views,fees and is it worth your money.
coming to your question,IBS Mumbai has always been a better option compared to Thakur institute of management, be it placements, quality of education or faculty. and rankwise also IBS is better than Thakur. hope this helps. all the best.