ICFAI Business School (IBS) Pune Hadapsar Answered Questions

To know if a Master of Business Administration (MBA) at ICFAI Business School (IBS) Pune can be worth pursuing or not, students must compare two important factors, fees and placements. As per official sources, the total tuition fee for MBA is INR 9.1 lakh. Students may also be required to pay other fees, such as hostel fees, caution deposit, and more.On the other hand, as per available placement statistics, the average package offered during ICFAI Business School Pune placements 2023 stood at INR 7.59 LPA and the the highest package stood at INR 12 LPA. Based on above information, it can be said that pursuing MBA from IBS Pune can be a good investment.

At IBS Pune, the entire fee of the two-year MBA program is roughly ?9.09 lakhs. This amount does not include other charges like accommodation or personal expenses; it just covers tuition. According to merit and other factors, IBS Pune also provides financial aid and scholarships for students.

If we compare the tuition fees of IBS Kolkata, IBS Pune, and IBS Bangalore, Kolkata and Pune have a similar tuition fees of INR 9.09 lakh, whereas IBS Bangalore has a higher tuition fees out of three of INR 12.06 lakh.If we compare the highest salary package offered during placements in 2023 of the three colleges, IBS Pune secured the highest salary package of INR 12 LPA while the highest salary package offered in IBS Kolkata and IBS Bangalore is INR 10 LPA. Thus, IBS Bangalore does not enjoy a good return on investment as IBS Kolkata and IBS Pune do.

If we compare IBS Kolkata to IBS Pune, we will see that both the colleges have similar tuition fees of INR 9.09 lakh but IBS Pune’s highest salary package offered is more than IBS Kolkata. This means the top salary packages offered in IBS Pune placements are more than the top salary packages offered in IBS Kolkata placements.If we look at the IBS Pune placements 2024, the average salary package offered is more than the average salary package offered in IBS Kolkata. Therefore, IBS Pune offers a better return on investment than IBS Kolkata even though both have the same tuition fees.

If we compare the difference between the tuition fees and the highest salary package of IBS Kolkata, IBS Bangalore, and IBS Pune we will find that IBS Pune and IBS Kolkata are the only universities with a net positive ratio between tuition fees and the highest salary package offered.The highest salary package of IBS Bangalore and IBS Kolkata might be the same at INR 10 LPA but the tuition fee of IBS Bangalore is much higher. Thus IBS Bangalore is a net negative in terms of the ratio of tuition fees to the highest salary package.

IBS Pune offers entrance-based admission. To be eligible for admission, candidates are required to fulfil the eligibility criteria i.e. have a graduation degree with 50% aggreagte and appear for the entrance exam accepted by the college for admission.

Students can refer the table below for details on campus-wise salary data and placement rate in order to figure out the best IBS campus in terms of placements: IBS Campus Name the highest Package (2024)Average Package (2024)Placement Rate (2024)IBS PuneINR 12 LPA (Domestic)INR 7.59 LPA99%IBS HyderabadINR 21 LPA (Domestic)INR 9.71 LPA94%IBS MumbaiINR 20 LPA (Domestic)INR 18 LPA (International)INR 8.03 LPA98%IBS KolkataINR 10 LPA (Domestic)INR 6.7 LPA99%IBS JaipurINR 10.5 LPA (Domestic)INR 20.5 LPA (International)INR 7.27 LPA99%IBS GurgaonINR 26.19 LPA (Domestic)INR 7.48 LPA95%IBS DehradunINR 13 LPA (Domestic)INR 36.76 LPA (International)INR 6.53 LPA94%IBS AhmedabadINR 12 LPA (Domestic)INR 7.79 LPA98%IBS BangaloreINR 11.49 LPA (Domestic)INR 13.5 LPA (International)INR 7.41 LPA93%

{Source: MBA/PGDM students & alumni}Effectiveness of Placement Cell for MBA/PGDM Courses at IBS PuneBased on the reviews and feedback from students and alumni, here's what we found:* Placement Record: The placement record at IBS Pune is impressive, with almost 100% placement rate (as per some reviews).* Top Recruiters: Renowned companies like ICICI Bank, PWC, Deloitte, EY, KPMG, HDFC Bank, Kotak Mahindra Bank, and others visit the campus for recruitment (according to a few reviewers).* Average Salary Package: The average salary package offered to students ranges from INR6 LPA to INR8 LPA (based on individual reviews).* Internship Opportunities: The college provides three-month internships, which help students secure placements after graduation (mentioned by some reviewers).Some reviewers praised the placement cell, stating that it played a crucial role in their career development. Others mentioned that the college's reputation and strong industry connections helped them land jobs at top companies.While the majority of reviewers expressed positive sentiments about the placement cell, there wasn't much criticism regarding its effectiveness. One reviewer suggested that the college could improve its internship programme by providing more real-life scenarios and critical thinking exercises.Overall, the placement cell at IBS Pune seems to be functioning effectively, offering students a wide range of job opportunities across various industries.

The highest package offered during IBS Pune placements 2024 stood at INR 12 LPA. Further, the highest salary trends witnessed during IBS Pune placements over the past three years are presented below:Particulars Placement Statistics (2022)Placement Statistics (2023)Placement Statistics (2024)the highest domestic packageINR 16.7 LPAINR 12 LPAINR 12 LPAthe highest international packageINR 53.45 LPAINR 56.55 LPANANote: Placement data 2022 and 2023 are sourced from older reports, which are no longer available on the official website.

The overall average package offered during IBS Pune placements 2024 stood at INR 7.59 LPA. Further, the average salary trends witnessed during IBS Pune placements over the past three years are presented below:Particulars Placement Statistics (2022)Placement Statistics (2023)Placement Statistics (2024)Average packageINR 6.78 LPAINR 7.59 LPAINR 7.59 LPATop 10% average packageINR 11 LPAINR 10.96 LPAINR 10.41 LPATop 25% average packageINR 9.19 LPAINR 9.47 LPAINR 9.25 LPANote: Placement data 2022 and 2023 are sourced from older reports, which are no longer available on the official website.