IES's Management College and Research Centre

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IES MCRC Placements 2024: Highest Package, Average Package, Top Companies

Bandra West, Mumbai

3.7 /5

(174 Reviews)

418 Student Q&A

Private Institute
Estd. 1998

Last updated on 30 Sep '24

IES MCRC Placement

Table of content

IES MCRC Placement overview
IES MCRC Average packages & top recruiters 2024
IES MCRC Course placements 2023
IES MCRC Student Reviews
IES MCRC Placement FAQs

IES MCRC Placement overview

What’s new regarding IES MCRC placements 2024? The college successfully concluded the 2024 placements with 100% of the PGDM batch placed. Over 200 companies participated in the drive. Further, the highest package offered on-campus was INR 18.33 LPA and the highest off-campus package stood at INR 10 LPA. The overall average package recorded during IES MCRC placements 2024 was INR 7.20 LPA. Additionally, Pharmaceuticals/ Healthcare emerged as a top sector with a 21% placement rate. The list of recruiters that were part of IES's Management College and Research Centre placements 2024 included KPMG, DHL, ITC Limited, and many others.

IES MCRC Placements 2024:

A massive growth of almost 83% was recorded in the 2024 highest package when compared with 2023
A drop of 15% was recorded in the number of recruiters that participated in the 2024 drive when compared with 2023

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IES MCRC Placement Report 2024: Highlights

The key highlights of IES College placements 2024 and 2023 are tabulated below:

Particulars	Placement Statistics (2023)	Placement Statistics (2024)
Highest package	INR 10 LPA	- INR 18.33 LPA (on-campus) - INR 10 LPA (off-campus)
Average package	INR 7.50 LPA	INR 7.20 LPA
Top 10% Average package	INR 9.58 LPA	INR 9.60 LPA
Top 20% Average package	INR 9.50 LPA	INR 9.30 LPA
Top 50% Average package	INR 8.82 LPA	INR 8.10 LPA
No. of companies	200+	200
Placement rate	N/A	100% (PGDM) 95% (Overall)
Students registered	N/A	135
Students placed	N/A	119
Top sector	Financial Services & Institutions	Pharmaceuticals/ Healthcare
Popular recruiters	Berger Paints, Torrent Pharmaceuticals, Kotak Mahindra Bank	EY, Aditya Birla Group, Tata Capital

NOTE: The 2023 placement data is for MBA only, whereas, 2024 stats are for MBA and MBA (PM).

IES MCRC Average Package 2024

The IES MBA average package recorded for the 2022-24 batch was INR 7.20 LPA. The college has also released the average package for top placements. Take a look at the table below to know IES's Management College and Research Centre packages for 2024:

Particulars	Placement Statistics (2024)
Overall average package	INR 7.20 LPA
Top 10% average package	INR 9.60 LPA
Top 20% average package	INR 9.30 LPA
Top 50% average package	INR 8.10 LPA

Over the past three years, a fluctuating trend was recorded in the average package. It increased by almost 15% from 2022 to 2023 and later dropped slightly by 4% from 2023 to 2024. See the below infographic showcasing the IES MCRC packages trend:

The average package details for top offers made in 2022 are unavailable. The IES MCRC average package comparison for top offers made in the last two years is showcased below:

Particulars	Placement Statistics (2023)	Placement Statistics (2024)
Top 10% average package	INR 9.58 LPA	INR 9.60 LPA
Top 20% average package	INR 9.50 LPA	INR 9.30 LPA
Top 50% average package	INR 8.82 LPA	INR 8.10 LPA

IES MCRC Placements 2024: Top Recruiters

Some of the leading companies that participated in IES MCRC placements 2024 are listed in the table below:

IES MCRC Placements 2024: Top Recruiters
CBRE	Morgan Stanley	Publicis Media
L&T Realty	RBL Bank	Macleods
Reliance Retail	Nielsen IQ	Motilal Oswal
Lupin Digital Health	BNP Paribas	Alkem

Download:

IES MCRC Placement Report 2022-24	Download
IES MCRC Placement Brochure 2021-23	Download

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IES's Management College and Research Centre Admission

Compare IES's Management College and Research Centre with other similar Colleges

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3.5

(154 students)

Student rating - Placements

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IES MCRC
Average packages & top recruiters 2024

Top Recruiters

Abbot

Apollo Hospitals

Berger Paints

BISLERI

Deloitte

Darashaw

Edelweiss Securities

ICICI

Zomato

YesBank

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IES MCRC
Course placements 2023

Course	Average salary	Median Salary	Highest Salary
Post Graduate Diploma in Management (PGDM)	-/-	INR 7.30 Lakh	INR 10.00 Lakh

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IES MCRC
Students Ratings & Reviews

3.7/5

154 Verified Reviews Info Icon

4-5
45
3-4
84
2-3
21
1-2
4

Placements3.5

Infrastructure3.6

Faculty & Course4.1

Campus Life3.8

Value for Money3.7

What students say about IES's Management College and Research Centre

Placements

Infrastructure

Faculty

Other

LikesView All

Companies like HDFC, Axis Bank, Amul, Kotak Mahindra, Parag Milk, Lodha, etc., visited the campus for placements.

Based on 49 Reviews

Anonymous

Post Graduate Diploma in Management (PGDM) - Batch of 2024

1.2

1Placements1Infrastructure2Faculty1Crowd & Campus Life1Value for Money

Dissatisfied with the overall experience and placements are the worst.

Placements: The roles offered are not up to MBA level, and students don't even receive value for their money. Better opt for Chetna or MET because the placement cell at IES is only concerned about their target of getting you placed at any random company, be it for summer placements or final.

Infrastructure: Not at all hygienic. Very poor infrastructure. I was very disappointed with the infrastructure of certain elements. The classrooms are cramped and not maintained well. The Wi-Fi is never working, and the washrooms are the worst to experience. No parking facility is provided by the college.

Faculty: The professors encourage active participation and collaboration in the classroom. They employ diverse teaching methods, including group presentations, projects, case studies, and multiple other activities. They support their students in academics very well.

Reviewed on 15 Feb 2024Read More

Anonymous

Post Graduate Diploma in Management (PGDM) - Batch of 2024

2.4

1Placements2Infrastructure4Faculty4Crowd & Campus Life1Value for Money

Review of IES's Management College and Research Centre.

Placements: The placement scenario is disappointing, and the placement cell needs improvement. The listed fees are 9.10 LPA, but the actual salary is considerably lower compared to other colleges. Keep in mind that the CTC mentioned might include a fixed component as low as 4 or 5 LPA.

Infrastructure: The infrastructure is lacking compared to other colleges. They turn off Wi-Fi during exams, and there's no proper gaming room. The cafeteria only has CCD, but the ground-floor canteen is better. Overall, the atmosphere feels more like a school.

Faculty: Faculty members were supportive, and the classrooms were decent. There's a Bloomberg lab, but its relevance depends on whether you are tracking the Indian or US market. For Indian markets, the terminals might not provide much value.

Reviewed on 20 Jan 2024Read More

Anjali Sharma Verified Icon

Post Graduate Diploma in Management (PGDM) - Batch of 2024

4.2

4Placements4Infrastructure5Faculty4Crowd & Campus Life4Value for Money

Our college has good value for money.

Placements: Almost 97% of students got placed in our college. The highest salary package offered is 10 LPA. The average salary package offered is 6.5 LPA. Top recruiting companies are Mondelez, ITC, Himalaya, L&T, Realty, Anarock, etc. Our college provides good placements. The placement process is smooth.

Infrastructure: The infrastructure of our college is good. We have a games room, cafeteria, and canteen. Classrooms are well-equipped. The library has many books and journals. The computer lab is great. They provide personal laptops.

Faculty: Our teachers are helpful and cooperative. They solve our problems easily. Mentors are allotted to all students. They guide and solve our doubts. The faculty-student ratio is good. Around 50 students are available in each classroom.

Reviewed on 11 Mar 2023Read More

Divesh Pimple Verified Icon

Post Graduate Diploma in Management (PGDM) - Batch of 2024

4.2

4Placements4Infrastructure5Faculty4Crowd & Campus Life4Value for Money

Our college has a good value for money.

Placements: Almost 97% of students got placed in our batch. The highest salary package offered is 10 LPA. The average salary package offered is 6.5 LPA. Top recruiting companies are Modeleze, ITC, Himamlya, L&T, Realty, Anarock, etc. Our college has a placement cell. The placement process is smooth.

Infrastructure: Our college is Wi-Fi enabled. Classrooms are equipped with air-conditioners. A gigantic library is available in our college. It has many books. We have an air-conditioned games room. We have table tennis, carrom, and chess.

Faculty: Our teachers are qualified and helpful. The teaching quality is good. They motivate us to do all the activities. Exams are not much difficult if you attend classes regularly. They allot a mentor to every student.

Reviewed on 11 Mar 2023Read More

Karthik Iyer Verified Icon

Post Graduate Diploma in Management (PGDM) - Batch of 2023

3.8

4Placements4Infrastructure4Faculty3Crowd & Campus Life4Value for Money

I am satisfied because of its teachers, placements, infrastructure, facilities, etc.

Placements: Currently, students can observe major companies like Deloitte, KPMG, and some market research companies taking interest in the students' placements. The college has covered almost 80% of satisfied placements till now. Currently, for summers major companies have come to the campus starting with GEP and all.

Infrastructure: IES is one of few colleges that have introduced new course elements like universal human values and such. The course will help students to reach different in life with proper values. The infrastructure is average. Kindly people should look into the business analytics course offered by IES as this is the new tomorrow in the field of management.

Faculty: Faculty members here believe ineffectual thinking is needed in today's world. Faculty members always find a new way to teach the students. The current favorite for most of the marketing students is Suhas Pai sir, his teaching method is one of the most preferred teachings expected by the students.

Reviewed on 9 Apr 2022Read More

VED RAMESH MHATRE Verified Icon

Post Graduate Diploma in Management (PGDM) - Batch of 2023

5Placements5Infrastructure5Faculty5Crowd & Campus Life5Value for Money

It has dedicated staff with all passion to make a difference in the student's life.

Placements: The roles offered in our college ranged from deputy manager to account manager in the finance stream. The top recruiting company was ASUS for marketing and finance, and there were many such as SBI Purple Ventures, Jamnadas Virji etc.

Infrastructure: Hostel facilities are good for outstation students. There are proper rules with proper amenities provided in the hostel. The college canteen provides very hygienic food to all students. There is a computer lab with Wi-Fi where we can sit and do our projects.

Faculty: Semester exams are not so difficult as faculty members clear all our doubts before exams. They even give us the freedom to call or message them anytime. The course curriculum is very relevant to the industry, and so it develops us to be corporate-ready.

Other: We have a college fest named Pratyush, which is a very amazing event. It provides a platform to many students who are talented in their own fields.

Reviewed on 4 Apr 2022Read More

View All 174 Reviews

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IES MCRC Placement FAQs

IES MCRC Placements FAQs

Some of teh frequently asked placement questions are mentioned below:

Q: What are the job roles offered during IES MCRC placements?

Some of the popular job roles offered to the MBA batch 2022-24 during IES MCRC placements are mentioned below:

IES MCRC Placements 2024: Job Roles Offered
Financial Analyst	MT-Talent Acquisition
Investment Research	MT-Learning and Development
Equity Analyst	Research Consultant
Deputy Manager-Wholesale Banking/ NRI	MT-Supply Chain
MT-Portfolio Management	MT-IT sale

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Q: Which was the top sector during IES's Management College and Research Centre placements?

Pharmaceuticals/ Healthcare was the top recruiting sector during the 2024 placements with a 21% share. The second in the sequence was Banking and Insurance. The snip below illustrates the sector-wise distribution of IES MCRC placements 2024:

Source: Official Report

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Q: What is the average package of IES Mumbai MBA?

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:

Particulars	Placement Statistics (2022)	Placement Statistics (2023)	Placement Statistics (2024)
Average package	INR 6.50 LPA	INR 7.50 LPA	INR 7.20 LPA

Upvote

Q: Which was the top sector during IES MCRC internships?

Consultancy emerged as the top sector during IES MCRC internships for the batch 2021-23. As per records, 19% of students were placed in the Consultancy sector. The second in the sequence was the Pharmaceutical sector. See the below pie chart depicting the sector-wise distribution of IES Mumbai internships 2021-23:

NOTE: The ‘Others’ category represents the combined data of multiple sectors such as Financial Service, Retail, IT, and Fintech.

Upvote

Q: What is the highest package offered at IES's Management College and Research Centre?

The highest package recorded during the 2022 and 2023 placements was the same, i.e. INR 10 LPA. However, in 2024 it increased by almost 83%. The table below depicts the IES MCRC packages trend for the past three years:

Particulars

Placement Statistics (2022)

Placement Statistics (2023)

Placement Statistics (2024)

the highest package

INR 10 LPA

- INR 18.33 LPA (on-campus)

- INR 10 LPA (off-campus)

Upvote

Q: What is the placement package at IES MCRC?

The college has disclosed the highest and average package details for the MBA batch 2022-24. Refer to the table below to know the IES's Management College and Research Centre packages for 2024:

Particulars	Placement Statistics (2024)
the highest package	- INR 18.33 LPA (on-campus) - INR 10 LPA (off-campus)
Average package	INR 7.20 LPA
Top 10% Average package	INR 9.60 LPA
Top 20% Average package	INR 9.30 LPA
Top 50% Average package	INR 8.10 LPA

Upvote

Q: How many students were placed during IES's Management College and Research Centre placements?

As per the latest report, 119 out of 135 students were placed from the 2022-24 batch. This makes the placement rate 88%. The college has also released the student's placed data for MBA and MBA (PM). All the MBA (PM) students were successfully placed. Thus, indicating a 100% placement rate. The following table represents the overall and course-wise students placed data for IES MCRC placements 2024:

Particulars	MBA Placement Statistics (2024)	MBA (PM) Placement Statistics (2024)	Overall Placement Statistics (2024)
Students registered	107	28	135
Students placed	91	28	119

Upvote

Q: How are the placements at IES MCRC?

More than 170 companies participated in the 2024 placements and selected 119 students. Further, the highest package (on-campus) stood at INR 18.33 LPA. Check the complete insights of IES's Management College and Research Centre placements 2024 from the table below:

Particulars	Placement Statistics (2024)
the highest package	- INR 18.33 LPA (on-campus) - INR 10 LPA (off-campus)
Average package	INR 7.20 LPA
Top 10% Average package	INR 9.60 LPA
Top 20% Average package	INR 9.30 LPA
Top 50% Average package	INR 8.10 LPA
No. of companies	170+
Placement rate	88%
Students registered	135
Students placed	119
Top sector	Pharmaceuticals/ Healthcare

Upvote

Q: Who were the top recruiters at IES MCRC?

The list of leading corporate giants that were part of IES MCRC placements 2024 is presented below:

IES MCRC Placements 2024: Top Recruiters
CBRE	Morgan Stanley	Publicis Media
L&T Realty	RBL Bank	Macleods
Reliance Retail	Nielsen IQ	Motilal Oswal
Lupin Digital Health	BNP Paribas	Alkem

Upvote

Q: Where are IES MCRC alumni placed?

According to unofficial sources, the IES’s Management College and Research Centre alumni primarily work in the Business Development sector with a 28% share. The pie chart given below illustrates the detailed sector-wise distribution of alumni:

Upvote

IES MCRC

Student Forum

Anything you would want to ask experts?

Write here...

How does the placement cell for MBA/PGDM at IES MCRC assist students in getting placed?

Answered 4 months ago

{Source: MBA/PGDM students & alumni}

Placement Cell for MBA/PGDM at IES MCRC

* Efficient Placement Cell: The placement cell in IES MCRC is very efficient and listens to student queries.
* 100% Placement Record: The college has a 100% placement record, with most students securing jobs through campus in

...more

Atul Mishra

Beginner-Level 1

What is the average package for MBA students at IES Management College and Research Centre?

Answered 8 months ago

IES MCRC is a well-known institution that provides students with an education that prepares them for the challenges of the financial industry.

According to Shiksha, the average salary package offered to MBA students at IES Management College and Research Centre (IES MCRC) in Mumbai is INR 7.5 LPA, wh

...more

Kushagra Agrawal

Contributor-Level 6

How are MBA placements at IES Management College and Research Centre?

Answered 8 months ago

IES MCRC is considered one of the top MBA colleges in India, and has been ranked among the top 10 B-Schools in Mumbai by The Week, Business World, and Indiatoday. The college also offers scholarships to help students pursue their management program.

IES Management College and Research Centre (IES MCR

...more

Kushagra Agrawal

Contributor-Level 6

How are Certificate Courses placements at IES MCRC?

Answered 10 months ago

IES MCRC has over the years built strong partnerships with corporate and industry associations, there by providing opportunities to faculty members and students to engage in industry activities. As a result, IES MCRC is most sought after for its well-trained resource pool for organising prestigious

...more

Kanish Rohilla

Contributor-Level 8

How are MBA placements at IES Management College and Research Centre?

Answered a year ago

As per the latest reports, the IES MCRC the highest package offered to the 2021-23 batch was INR 10 LPA. In 2022, the highest package was the same. Additionally, the IES Mumbai average package offered during 2023 placements was INR 7.5 LPA. In 2022, the average package stood at INR 6.5 LPA.

he comple

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Tarun Kumar

Contributor-Level 6

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