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IBS-Mumbai is affiliated to ICFAI University (IFHE Group). It is an autonomous university which has its own set of institutions rules and regulations. Majority of the private institutes does not have AICTE recognition or accreditation. Many corporate or business houses does look for AICTE or UGC Approval at the time of hiring candidates from B-Schools. Be it a PGPM/PGDM/MBA/MMS, all matters is the placements that the institute provides to its candidates or students. It is the name or brand value of the institute that makes the difference at the time of placements. Everything right from company's visit, package offered by them, to the profile given depends upon the name of the institute it has with the corporate. Many companies recruit people from B-Schools based on the performance given by their Alumni or ex-students. There are various other big autonomous institutions like IIM (Ahmedabad, Lucknow, Calcutta & others), JBIMS (Mumbai), NMIMS (Mumbai, Hyderabad & Bangalore), Symbiosis Institute (Pune).

Minimum Qualifications for Teaching Staff:
1. Principal / Headmaster / Headmistress: The term
Principal / Headmaster / Headmistress will mean
the Headteacher of a School.
2. Vice-Principal / Senior Master / Senior Mistress:
Vice-Principal / Senior Master / Senior Mistress
will mean the next in charge and normally would officiate
as head in the absence of Principal / Headmaster /
Headmistress.
3. Minimum Qualifications (a) Principal/ Headmaster / Headmistress:
The Principal/ Headmaster /Headmistress must possess apostgraduate academic degree in a
teaching subject from a recognised University and a
recognised teacher-education degree and five years
teaching experience in a recognised school. (b) Vice-Principal / Senior Master / Senior
Mistress:
The Vice-Principal / Senior Master / Senior
Mistress must possess a postgraduate academic
degree in a teaching subject from a recognised
University and a recognised teacher-education
degree. (c) Teachers in Classes/ Standards XI and XII (ISC): (I) Qualifications as specified for the Principal/
Headmaster / Headmistress in the subjects
they teach. (ii) Computer Teacher: M. C. A. or Graduate with
P. G. Diploma in Computers (two years
duration) from a recognised University /
Institute. (iii) Physical Education Teacher: Post-Graduate in
Physical Education (M.P.Ed. ) from a recognised
university / institute.

In terms of ROI and Placement, RIIM PUNE will be the best choice in comparison with any other institute. In a fee structure of 4.75-6.30 Lac RIIM is providing the average salary package of 6-7 lac and maximum 11-12 lac based upon the students capability at the time of placement, thus this college is providing best ROI. This particular institute is proving its best of the placement support as companies like Capgemini, KPIT, ITC, BNY MELLON, Khadims, BOSE, Deloitte, Property Pistol, Furlenco, Harman, SG Analytic, Flipkart, ZS Associates, Wipro, Bajaj Finserv, Crisil and many others visit the campus for Placement Process and hiring students with good packages. Thus RIIM PUNE will be best Instituter for pursuing Management studies. Thank you.