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ICFAI Business School - [IBS], Mumbai

Mumbai, Maharashtra
Private College

IBS Mumbai Ranking 2024

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Years :
Ranking AgencyCategoryRankYear
IIRFManagement#55 out of 1102024

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Answered Questions

ICFAI Business School - [IBS]: 10 answered questions

AA

Ankit Agrawal

14 Sept 21

If you have converted BIMTECH Greater Noida for the core PGDM program, then you should definitely consider this program over the other. 

ICFAI Business School (IBS) has many campuses across India; Mumbai, Dehradun, Gurgaon, Bangalore (off-campus Hyderabad), Kolkata, Pune, Ahmedabad, and Jaipur. Out of these, only the Hyderabad campus comes close to BIMTECH Greater Noida.

The average salary offered during the campus placements for the core PGDM 2018-20 batch of BIMTECH Greater Noida is INR 8.27 lakhs per annum. The percentage placements of the overall batch (all the courses) were 96.59%. 

If you are really interested in finance and want to build your career in the same, then you can go for IBS Mumbai if you are not getting any other campus. Otherwise, BIMTECH Greater Noida is always preferable.

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YA

Yash Arora

21 Feb 23

If you're considering an MBA program, Hyderabad, Mumbai, and Gurgaon are three of the most attractive options based on their placement prospects. Only the Hyderabad, Jaipur, and Dehradun campuses offer an MBA program, while other campuses offer PGPM. If you want a dual degree, you can pursue a PGPM from the campuses offering the program, combined with a distance learning MBA.

The cost of your education is another important factor to consider. The Mumbai and Gurgaon campuses will cost you approximately INR 9 lakhs for PGPM, while the Hyderabad campus charges approximately INR 16 lakhs for an MBA.

In terms of placement statistics, IBS Hyderabad had a 99% placement percentage in 2022 with an average package of INR 8.71 LPA. On the other hand, IBS Mumbai had an average package of INR 7.14 LPA with the highest international and domestic packages of INR 53.45 LPA and INR 15 LPA, respectively. IBS Gurgaon had an average salary of INR 6.81 LPA with the highest international salary of INR 22.18 LPA and the highest domestic salary of INR 11 LPA. The average salary for the top 10% and top 25% was INR 10.06 LPA and INR 8.76 LPA, respectively.

Before making your final decision, it is important to carefully weigh all of these factors. While Hyderabad offers excellent opportunities for development and growth, including a strong club culture, Mumbai and Gurgaon may be better options for you if you are closer to your hometown or primarily concerned about the return on investment.

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GN

Gaurav NZ

14 Feb 23

I don’t really understand why you want to change campuses when the Mumbai campus is the most coveted one. I have a friend who despite being an IBS Hyderabad pass-out, considers the Mumbai campus way superior after spending months on a summer internship there.

He considers the IBS Hyderabad to be overestimated and apart from infrastructure, IBS Powai/Hiranandani is much better in all aspects. Moreover, the Mumbai campus enjoys the locational advantage of being closest to the city of dreams. The campus is in the vicinity of IIT Mumbai so you get to interact with many geniuses also. 

On the other hand, IBS Shankarpally, despite having top-notch infrastructure, lacks connectivity. You are disconnected from other students and the entire world if you choose this college. 

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GY

Gaurav Yadav

24 Feb 23

It is important to note that when it comes to placements in tier 3 B-schools, the job profiles offered are generally similar, with a focus on sales. However, the location of the B-school can have a significant impact on the placement opportunities available to students.

In cities where there are multiple B-schools located, such as Bangalore, Hyderabad, and Mumbai, competition between schools can be high, which affects the placements available to students. In contrast, schools located in cities without significant competition, such as IMI Kolkata and IMI Bhubaneshwar, may provide more reliable and decent placement opportunities.

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JT

Jayant Thakur

24 Feb 23

Among the campuses of IBS, Hyderabad is considered the best, followed by Mumbai and Pune. It is assumed that the syllabus and course content are similar across the three campuses. Hyderabad is considered to be the best in terms of facilities and resources, while Mumbai is also a strong option, with good professors, case studies, presentations, and a well-equipped campus.

While IBS Hyderabad has a strong placement record, most of the offered positions are in sales. There are also opportunities in advertising, retailing, and other fields, but they are less prevalent. The pay packages offered by the college are decent. After gaining some experience through campus placements, you can explore job opportunities outside the college.

It is important to note that none of the IBS campuses are AICTE approved, but they are affiliated with ICFAI University in Dehradun. As an alternative, you can opt for a distance MBA program by paying an additional fee.

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PC

Paulami Choudhary

11 Jun 21

Having friends at BIMTECH, I suggest you go for it. It is a better choice than IBS Mumbai. If you are in the 70-90 percentile range, then BIMTECH is actually a very good option for you. Here are some of the reasons as to why –

  • It is really good at BIMTECH with a good mix of professors. The visiting faculty are also very good.
  • The library has lots of good books and journals to follow and is one of the best things about the institute.
  • It focuses a lot on case studies which really enhances the classroom experience.
  • A lot of presentations are also expected from students which will make you overcome your stage fright.
  • Hostels are decent with good quality food in the mess.
  • The college holds a strong brand and reputation among students which attracts a diverse set of students from all across the country.

In regard to placements, BIMTECH is truly superior to IBS Mumbai. The placement highlights for the year 2020 depict the same as well –

Categories

BIMTECH Noida

IBS Mumbai

Percentage of placements

96.59%

95%

Average CTC

INR 8.13 LPA

INR 6.91 LPA

Highest CTC

INR 18 LPA (Domestic)

INR 23 LPA (International)

INR 15 LPA (Domestic)

INR 50.23 LPA (International)

The only drawback for BIMTECH Noida would be its higher fee structure as well as its high fee for the hostels which are also mandatory. Apart from that, there is nothing in which IBS Mumbai actually gets an advantage over BIMTECH Noida. Thus undoubtedly, BIMTECH Noida should be your preferred choice between the two.

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TA

Tithi Aggrawal

19 Apr 23

BIMTECH Noida is a better choice compared to IBS Mumbai. BIMTECH(RM) offers approximately the same kind of placements as other domains in BIMTECH.

In regard to placements, BIMTECH is truly superior to IBS Mumbai. The placement highlights for the year 2022 depict the same as well –

Categories

BIMTECH Noida

IBS Mumbai

Percentage of placements

96.59%

95%

Average CTC

INR 8.90 LPA

INR 7.14LPA

Highest CTC

INR 18 LPA (Domestic)

INR 23 LPA (International)

INR 15 LPA (Domestic)

INR 53 LPA (International)

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NM

Neha Mukharjee

04 May 22

Welingkar Mumbai beats IBS Mumbai in terms of learning opportunities, salary packages offered, and exposure. 

IBS Mumbai has a huge batch size. There are more than 1000 students including all specializations. While Welingkar has a batch size of 600. 

Welingkar has a better placement record as well. According to the recent highlights, Welingkar Mumbai average package is INR 8.8 LPA. While the highest package is INR 19.73 LPA.  

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SB

Suchitra Banerjee

03 Mar 22

ICFAI Business School, Mumbai is among the most preferred destinations for many MBA aspirants. It is ranked among the top 25 management institutes in the country and in the top 5 in Mumbai constantly. This is well reflected in the number of students joining each year as well as the recruiters visiting the campus placement. It has an excellent pool of faculty. To make the learning process smooth, IBS offers state-of-the-art facilities to students. As it is located in the finance and industrial capital of India, you will get good placement opportunities and exposure. 

The institute has maintained a good placement record over the year. Following are the recent placement highlights.

ICFAI Business School, Mumbai Placements, 2021 - 

  • The average CTC offered was INR 6.83 LPA. While the highest CTC offered was INR 12.40 LPA.
  • More than 95% of students received placements in companies like HDFC Bank, Mygate, ICICI Bank, Kotak Mahindra Bank, TCS, etc. 
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AM

Archita Mishra

24 May 22

IBS Hyderabad is the better option. It offers better academics. You will get to learn how businesses work from well-experienced faculties. It has good placement record. IBS Hyderabad placements 2021 concluded with an average CTC of INR 7.07 LPA. 

IBS Mumbai is also a good option if you are interested in joining Banking jobs. It also has lower course fees compared to IBS Hyderabad. 

...Show More


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