Which institute is more affordable for PGDM among IES MCRC and Chetana’s Institute of Management and Research?
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1 Answer
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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.
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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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