IES Management College and Research Centre

IES Management College and Research Centre Info

Established in 1998 and located in Bandra West, Mumbai, IES Management College and Research Centre (IES MCRC) is a premier private business school operating under the aegis of the Indian Education Society. Approved by the All India Council for Technical Education (AICTE), recognized by the University Grants Commission (UGC), and holding prestigious National Board of Accreditation (NBA) accreditation for its management programs, the institute has carved a niche for itself in value-driven management education. IES MCRC primarily offers full-time postgraduate diplomas such as the flagship Post Graduate Diploma in Management (PGDM) and PGDM in Pharmaceutical Management, alongside doctoral (Ph.D.) research programs. Admissions are fiercely competitive, evaluated through national-level entrance tests like the CAT, CMAT, MAT, XAT, ATMA, or MAH-MBA/MMS-CET, followed by a rigorous selection process comprising group discussions, written assessments, and personal interviews.

The academic curriculum is structured to blend theoretical frameworks with real-world corporate exposure, leveraging case-based pedagogies, live projects, and compulsory summer internships. The campus features modern infrastructure, including smart-board-enabled air-conditioned classrooms, a rich information resource center, dedicated computing and specialized labs, and vibrant spaces for student-driven clubs and cultural activities. Backed by an active placement cell, IES MCRC maintains robust corporate ties with over 200 recruiters spanning banking, financial services, consulting, IT, and FMCG sectors—featuring prominent names like Deloitte, HDFC Bank, ICICI Bank, TCS, and Asian Paints. With consistent average salary packages hovering around INR 7 to 9 LPA and a strong emphasis on holistic personality development, ethical leadership, and industry readiness, IES MCRC continues to be a preferred destination for aspiring management professionals in India.

IES Management College and Research Centre : Ranking and Recognition

IES Management College and Research Centre (IES MCRC), Mumbai, is widely recognized as a premier business school in India, consistently earning strong national standings across major media and institutional surveys.

Major National Rankings (MBA / PGDM Category)

• Times of India (TOI): Ranked #53 among top management institutes in India.

• The Week: Ranked within the top tier nationally (#66).

• Outlook India: Placed at #123 nationwide for its management programs.

Accreditations & Approvals

• AICTE Approved: All flagship management programs (such as PGDM and PGDM - Pharmaceutical Management) are fully approved by the All India Council for Technical Education.

• NBA Accreditation: The institute's management courses hold prestigious programmatic accreditation from the National Board of Accreditation (NBA), validating high standards of academic deliver.

IES Management College and Research Centre : Faculty

The faculty at IES Management College and Research Centre (IES MCRC), Mumbai, comprises a seasoned blend of academic scholars, industry veterans, and seasoned researchers dedicated to shaping industry-ready management professionals.

Faculty Profile & Composition

• Core & Visiting Faculty: The institute boasts a strong core faculty team holding advanced doctoral (Ph.D.) degrees and postgraduate qualifications from premier institutions like IIMs, IITs, and top university departments. They are supplemented by eminent visiting faculty from multinational corporations, financial institutions, and consulting firms.

Academic & Teaching Approach

• Case-Method Pedagogy: Faculty members heavily utilize real-world business case studies, simulations, and live industry projects to stimulate critical thinking and decision-making skills.

• Mentorship Program: Each student is assigned a faculty mentor who provides personalized academic guidance, career counselling, and support throughout summer internships and final placements.

IES Management College and Research Centre: Programmes /Courses Offered/ Fee Structure

The programs, course structures, and fee details offered at IES Management College and Research Centre (IES MCRC), Mumbai, are structured across postgraduate diplomas, doctoral research, and specialized certificate tracks:

1. Post Graduate Diploma in Management (PGDM - General)

• Duration: 2 Years (Full-Time, spread across 6 terms)

• Specializations Offered: Marketing, Finance, Human Resource (HR), Operations, Entrepreneurship Management, and Business Analytics.

• Eligibility: Bachelor’s degree from a recognized university with a minimum of 50% aggregate marks, along with valid scores in national/state entrance exams (CAT, CMAT, MAT, XAT, ATMA, or MAH-MBA/MMS-CET).

• Approximate Total Program Fee: Rs. 9,12,000 (inclusive of standard academic components; additional security/caution deposits or alumni association fees apply as per institute norms).

2. Post Graduate Diploma in Management (PGDM - Pharmaceutical Management)

• Duration: 2 Years (Full-Time)

• Focus: Tailored specifically to build management professionals for the pharmaceutical, healthcare, biotech, and allied sectors.

• Eligibility: Graduation in Science, Pharmacy, Life Sciences, Medicine, or Engineering/Management streams with standard qualifying test scores.

• Approximate Total Program Fee: Rs. 8,12,000

3. Ph.D. in Management Studies

• Duration: 3 to 6 Years (Full-Time / Part-Time)

• Focus: Advanced academic research under the University of Mumbai framework.

• Eligibility: Master’s degree in management or allied disciplines with requisite marks, alongside clearing the PET (Ph.D. Entrance Test) or qualifying NET/SET/JRF.

• Approximate Total Fee: Around Rs. 2,16,000 for the full course cycle (or structured annually as per university guidelines).

4. Professional Certificate & Short-Term Programs

• Professional Certificate Program in Business Analytics: Designed for working professionals and regular students to build data-driven decision-making competencies.

• Management Development Programs (MDP): Short-term corporate training modules targeted at scaling executive skill sets.

IES Management College and Research Centre : Admissions/Application Process

Admission to the Post Graduate Diploma in Management (PGDM) and specialized programs at IES Management College and Research Centre (IES MCRC), Mumbai, follows a structured, merit-based selection cycle.

Step-by-Step Application Process

1. Online Registration: Visit the official admission portal of IES MCRC-www.mcrc.ies.edu to fill out the application form.

2. Form Submission & Fee: Input personal details, academic records, and entrance exam scores, followed by paying the online application fee.

3. Shortlisting: Candidates are shortlisted based on their overall profile, academic consistency (10th, 12th, and graduation marks), and valid entrance test cut-off percentiles.

4. Selection Rounds: Shortlisted applicants undergo selection stages which typically include:

   • Group Discussion (GD) or Micro-Presentation (MP)

   • Personal Interview (PI) round

   • Psychometric/Written assessment components

5. Final Merit List & Admission Offer: The final composite merit list is calculated using weights assigned to past academics, entrance test scores, work experience (if any), and performance in the selection rounds. Selected candidates receive offer letters to complete document verification and fee payment.

IES Management College and Research Centre: Scholarships

IES Management College and Research Centre (IES MCRC), Mumbai, offers financial assistance and scholarship schemes to support meritorious students and those from economically weaker backgrounds.

Types of Scholarships Offered

• Merit Scholarships (PGDM General): Awarded to top-ranking candidates on the IES MCRC merit list. Eligible students typically receive a significant tuition fee waiver (such as up to 50% waiver on first-year tuition fees) provided they meet specified entrance exam percentile requirements (e.g., scoring 90 percentile or above in CAT, MAT, XAT, etc.). Continuation into the second year is generally contingent on maintaining a high academic average (typically 75% or above) during the first year.

• Merit-cum-Means Scholarships (PGDM - Pharmaceutical Management): Designed to assist deserving students from economically weaker sections. These scholarships factor in both admission merit rankings and family income documentation, providing partial tuition fee concessions.

IES Management College and Research Centre: Placements

The placement cell at IES Management College and Research Centre (IES MCRC), Mumbai, maintains a strong track record of career development, corporate training, and robust recruitment drives.

Placement Statistics & Compensation

• Average Package:

  • PGDM (General): Around Rs.8.80 LPA

  • PGDM (Pharmaceutical Management): Around Rs.7.20 LPA

• Highest Package: Reaches up to Rs.18.33 LPA (on-campus drivers).

Major Recruiters

Over 200 corporate organizations participate annually in the campus recruitment process. Prominent regular recruiters include:

• Financial & Consulting Firms: Deloitte, KPMG, HDFC Bank, ICICI Bank, Kotak Mahindra Bank, Axis Bank

• FMCG, Retail & Manufacturing: Asian Paints, Aditya Birla Group, Berger Paints, General Mills

Indian Education Society Management College and Research Centre - Facilities

The Indian Education Society Management College and Research Centre in Mumbai provides excellent infrastructure facilities to its students. Here are some key points about the infrastructure at IESMCRC:

• Classrooms- Modern, spacious classrooms are available at Every classroom has air conditioning and the newest technical amenities, including LED displays, computers, the internet, and sound systems. All adequately furnished classrooms offer an ideal atmosphere for learning, enhancing pupils' ability to focus.

• Library- By offering a superb selection of literature, the IESMCRC Information Resource Center intends to meet the information needs of faculty, students, research scholars, and other library patrons. More than 38,500 print volumes and 29,000 electronic books on topics like business and management, economics, IT, law, and related fields are available at the library.

• Computer Lab- IESMCRC has two state-of-the-art computer laboratories, which are equipped with well-equipped dedicated HP ProLiant DL380 G4 servers, XEON CPUs, HP SERVER, and other servers. The IES Management College campus is connected by a wireless access point and mobility controller and is wired with CAT6 and optical fiber.

• Auditorium- The centrally air-conditioned "Manik Sabhagriha" auditorium is a gem of the IES There are 800 seats available in the auditorium. With all contemporary amenities, the auditorium is used for conferences and seminars.

• Hostel- For the convenience of the students who need lodging accommodations so they can continue their studies in the College, the Indian Education Society (IES) offers both non-air-conditioned and air-conditioned hostel facilities.

• Other Facility- Canteen Facility, Medical Facility. 

Indian Education Society Management College and Research Centre - FAQs and Answers

 Q.1 Does IESMCRC Mumbai offer scholarships?

Ans. Yes, IESMCRC provides scholarships based on merit. 

Q.2 Is IES MCRC a private institute? 

Ans. Yes, the Indian Education Society Management College and Research Centre is a private institute. 

Q.3 Is there a campus hostel facility available in IESMCRC, Mumbai?

Ans.  Yes, the Indian Education Society Management College and Research Centre provides hostel facilities for both (girls & boys) 

Q.4 Where is the campus of the Indian Education Society Management College and Research Centre, Mumbai located?

Ans.  Address of IESMCRC- "Vishwakarma" M.D. Lotlikar Vidya Sankul, 791, S. K. Marg, Bandra Reclamation, Mumbai – 400 050

‍Q.5 What are the most popular programs of IESMCRC, Mumbai?

Ans. PGDM (Pharma Management) and PGDM (HRM & Business Analytics) are the most popular programs of IESMCRC, Mumbai.