IES MCRC MBA Courses & Fees 2023: Updates, Eligibility, Selection, Fee

The fee structure for MBA programs at IES Management College and Research Centre (IES MCRC) in Mumbai is set at a total of INR 9 lakhs. To be eligible for these courses, you typically need to meet certain criteria, including having a minimum of 50% in graduation and qualifying in entrance exams like MAT, XAT, and others as specified. IES MCRC also offers a range of other programs with varying fees, such as MMS at INR 5.7 lakhs, PGDM at INR 9.12 lakhs, PGDM (PM) at INR 8.12 lakhs, MFM with fees ranging from INR 3,05,000 to 3,60,000, MMM at INR 46,000, and MIM at INR 46,000. Additionally, for those pursuing Ph.D. courses in Management at IES MCRC, the total fee is INR 1.86 lakhs. To embark on your educational journey at IES MCRC, ensure you meet the specific eligibility requirements for your chosen course and plan your finances accordingly.

To apply for admission to the MBA programme at IES Management College and Research Centre, you should follow a structured procedure. The steps are mentioned below:

1. Ensure that you meet the IES MBA cut-off criteria.
2. Choose one of the acceptable aptitude tests, such as CAT, XAT, MAT, CMAT, ATMA, GMAT, or MH-CET, and achieve a competitive score.
3. Gather the required documents, which include your 10th and 12th-grade mark sheets and certificates, degree mark sheets and certificates, work experience certificate (if applicable), and a gap affidavit (if needed).
4. Prepare two stamp-sized photographs.
5. You can initiate the application process by creating an account on the college's official website. When submitting your application, remember to attach your aptitude test scorecard, or if it's not available at the time of application, you can provide a photocopy of the scorecard during the personal interview round.

At the IES Management College and Research Centre (IES MCRC) in Mumbai, you'll find a total of 210 seats available for the Post Graduate Diploma in Management (PGDM) program, while the PGDM in Pharmaceutical Management programme offers 30 seats. The institution provides two distinct MBA courses and one certificate course, with a total tuition fee of 9 Lacs and 70,000. To qualify for admission, you should have a graduation percentage of at least 50% and successfully clear one of the specified entrance exams, including MAT, XAT, GMAT, CMAT, ATMA, GRE, or NMAT. Additionally, IES MCRC offers scholarships, such as merit scholarships for the PGDM in Pharmaceutical Management and Tuition Fee Waiver (TFW) opportunities. In terms of rankings, Outlook ranked IES MCRC 94th among private MBA institutions for the year 2023. This highlights the institute's commitment to providing quality management education and opportunities for its students.

The college has released the combined PGDM and PGDM (PM) placement report. As per the report, the average package for the 2022-24 batch stood at INR 7.20 LPA. Earlier, the average package offered to the 2023 batch was INR 7.50 LPA. From 2022 to 2024, a fluctuating trend was observed in the overall average package, which is depicted in the table below: