What are the fees for MBA programmes at IES Management College and Research Centre?
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2 Answers
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The cost of an MBA programme at Mumbai's IES Management College and Research Centre varies based on the program's duration and specialisation. The total cost of tuition for a two-year MBA programme is typically between INR 6 and 8 lakhs. To be eligible for these courses, you typically need to meet certain criteria, including having a minimum of 50% in graduation and qualifying in entrance exams like MAT, XAT, and others as specified. For qualified students, the institute also provides financial aid and need-based or merit-based scholarships, which can lower the cost.
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The fee structure for MBA programs at IES Management College and Research Centre (IES MCRC) in Mumbai is set at a total of INR 9 lakhs. To be eligible for these courses, you typically need to meet certain criteria, including having a minimum of 50% in graduation and qualifying in entrance exams like MAT, XAT, and others as specified. IES MCRC also offers a range of other programs with varying fees, such as MMS at INR 5.7 lakhs, PGDM at INR 9.12 lakhs, PGDM (PM) at INR 8.12 lakhs, MFM with fees ranging from INR 3,05,000 to 3,60,000, MMM at INR 46,000, and MIM at INR 46,000. Additionally, for those pursuing Ph.D. courses in Management at
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The IES MCRC provides good placement opportunities for PGDM students. The key highlights of IES College placements 2023-2025 are tabulated below:
Particulars | Placement Statistics (2023) | Placement Statistics (2024) | Placement Statistics (2025) |
|---|---|---|---|
the highest package | INR 10 LPA | - INR 18.33 LPA (on-campus) - INR 10 LPA (off-campus) | NA |
Average package | INR 7.50 LPA | INR 7.20 LPA | INR 8.8 LPA (PGDM) INR 7.2 LPA (PGDM PM) |
No. of companies | 200+ | 200 | 200+ |
Placement rate | N/A | 100% (PGDM) 95% (Overall) | NA |
The IES MCRC summer internships report are out on the official website. Check out the average stipends offered during the IES MCRC summer placements 2025 from the table below:
| Particulars | Average Stipends (2025) |
|---|---|
| PGDM | INR 10 Thousand per month |
| PGDM PM | INR 8 Thousand per month |
The PGDM programme has had a strong placement record at IES MCRC. During the placement drive 2024, 100% placement rate was achieved from the PGDM program. The placement packages offered during the IES MCRC placements 2023-2025 are given below:
Particulars | Placement Statistics (2023) | Placement Statistics (2024) | Placement Statistics (2025) |
|---|---|---|---|
the highest package | INR 10 LPA | - INR 18.33 LPA (on-campus) - INR 10 LPA (off-campus) | NA |
Average package | INR 7.50 LPA | INR 7.20 LPA | INR 8.8 LPA (PGDM) INR 7.2 LPA (PGDM PM) |
The packages offered during the IES MCRC placements 2023-2025 are presented below:
Particulars | Placement Statistics (2023) | Placement Statistics (2024) | Placement Statistics (2025) |
|---|---|---|---|
the highest package | INR 10 LPA | - INR 18.33 LPA (on-campus) - INR 10 LPA (off-campus) | NA |
Average package | INR 7.50 LPA | INR 7.20 LPA | INR 8.8 LPA (PGDM) INR 7.2 LPA (PGDM PM) |
The IES MCRC placement report for PGDM has been out on the official website but the highest package offered is not available as of yet. The highest packages offered during IES College placements 2024 and 2023 are tabulated below:
Particulars | Placement Statistics (2023) | Placement Statistics (2024) |
|---|---|---|
the highest package | INR 10 LPA | - INR 18.33 LPA (on-campus) - INR 10 LPA (off-campus) |
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