Does IES Management College and Research Centre have better placements than Chetana's Institute of Management and Research?
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2 Answers
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According to some sources, IES Management College and Research Centre (IES MCRC) and Chetana's Institute of Management and Research (CIMR) are about equal in terms of placements:
- IES MCRCIn 2023, the average package offered was INR 7.5 LPA, and the highest package was INR 10 LPA. 90% of students were placed, and there are over 160 corporate partners.
- CIMRIn 2022, the average package offered was INR 6.3 LPA, and the highest package was INR 10 LPA. CIMR has a placement cell that offers training and workshops to prepare students for interviews.
Some say that IES MCRC has better faculty compared to placements. Others say...more -
Chetana's Institute of Management and Research, Bandra East, Mumbai offers a 2-year full-time Post Graduate Diploma in Management course with a total fee of Rs. 3.61 lakhs. According to last year placement records, around 90% of the total batch is placed with the average salary offered was Rs. 5.3 Lacs per annum and the maximum salary offered was Rs. 8.5 Lacs per annum.
IES Management College and Research Centre, Bandra West, Mumbai offers PGDM & MMS degree with a total fee of Rs. 7.2 Lacs and 4.2 Lacs respectively. Specializations are offered in Finance, Marketing, HR, Systems, Operations and Entrepreneurship Management.According to la
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Both IES MCRC and Chetana's Institute of Management and Research are good options to pursue a PGDM. However, in terms of affordability, IES MCRC is more affordable since the tuition fees to pursue a PGDM at IES MCRC is INR 6 lakh, and the tuition fee to pursue a PGDM at Chetana's Institute of Management and Research is INR 9.40 lakh.
Note: The fee mentioned above is as per the official sources. However, it is indicative and subject to change.
To know which is a better choice, students must weigh both options based on important factors such as fees and ratings. As per official sources, the fees to pursue PGDM at IES MCRC and Chetana's Institute of Management and Research is INR 6 Lacs and INR 9.40 lakh, respectively. In terms of fees, IES MCRC is a better choice.
Moreover, as per Shiksha ratings, PGDMs at IES MCRC and Chetana's Institute of Management and Research have been rated 3.8 out of 5 and 3.8 out of 5, respectively. Thus, in terms of rating, the courses stand at the same position.
Note: The above information is taken from various official sources. Hence, it is ind

As per the report, the the highest and average package offered to PGDM students in 2025 stood at INR 13.3 LPA and INR 7.04 LPA, respectively. The key highlights of Chetana's Institute of Management and Research placements for the PGDM Class of 2025 are tabulated below:
Particulars | PGDM Overall Placement Statistics (2025) |
---|---|
the highest package | INR 13.3 LPA |
Average package | INR 7.04 LPA |
Median package | INR 7 LPA |
Total recruiters | 200+ |
Top recruiters | HUL, ITC, TCS, Voltas, Accenture |

The highest package offered during the 2025 placement drive at Chetana's Institute of Management and Research stood at INR 13.3 LPA. The same is tabulated below:
Particulars | Placement Statistics (2025) |
---|---|
the highest package | INR 13.3 LPA |

The placement percentage is yet to be released on the official website of Chetana's Institute of Management and Research. Meanwhile, check out the key highlights of Chetana's Institute of Management and Research placements for the PGDM Class of 2025 in the table below:
Particulars | PGDM Overall Placement Statistics (2025) |
---|---|
the highest package | INR 13.3 LPA |
Average package | INR 7.04 LPA |
Median package | INR 7 LPA |
Total recruiters | 200+ |
Top recruiters | HUL, ITC, TCS, Voltas, Accenture |
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