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IES's Management College and Research Centre
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#53rd All-India (Management) Times of India๐Ÿ“ Mumbai, Maharashtra

IES's Management College and Research Centre Admissions 2026, Courses, Fees & Cutoffs

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Avg Package

8.8 LPA

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Highest Pkg

18 LPA

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Institute Type

Private (Public Charitable Trust โ€“ Indian Education Society)

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Total Courses

1 Courses

IES's Management College and Research Centre - Overview

Table of Contents

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About IES's Management College and Research Centre

IES's Management College and Research Centre (IES MCRC), established in 1998 in Mumbai, is a premier private management institute operating under the Indian Education Society โ€” one of India's oldest Public Charitable Trusts running 67 institutions with over 100 years in education. Located in Bandra West, Mumbai, IES MCRC is AICTE-approved, NBA-accredited, and its PGDM is declared equivalent to MBA by AIU. The institute is ranked among the Top 10 B-Schools in Mumbai and Top 50 in India. Its flagship programme is the 2-year full-time residential PGDM, with a specialised stream in Pharmaceutical Management. IES MCRC has industry alliances with CII, IMC, ISTD, NIPM, AMDISA, and IDMA, and MOUs with international universities including FHNW University (Switzerland), NTHU University (Taiwan), Yuntech University (Taiwan), CYUT University (Taiwan), and Asia University (Taiwan). The institute uses case-study-based learning, role plays, simulations, rural immersion programmes, live projects, and international study abroad programmes. Faculty average 10+ years of experience with strong industry exposure. IES MCRC was awarded 'India's Most Admirable Brand 2020' in the Education sector by Brand Story (telecast partner NDTV Profit) and 'Most Valuable Institute in Pharmaceutical Management 2021' by Network 7 Media Group.

IES's Management College and Research Centre offers students courses in different areas. Candidates can enroll in various programmes based on their interests and career goals. Admissions are offered based on merit or entrance exam performance. Check below the IES's Management College and Research Centre courses along with their tuition fees and eligibility criteria:

IES's Management College and Research Centre Courses

1 Courses

PGDM

2 specializations
Fee Rangeโ‚นย 4.75L

Graduation (any discipline) from a recognised university with minimum 50% aggregate marks; Valid score in CAT / XAT / CMAT / MAT / ATMA / GMAT / MAH MBA CET

Check Course Details

IES's Management College and Research Centre Admissions

Admission Process Overview

Below is the complete admission information including eligible exams, eligibility criteria, admission process, and important notes for each program offered.

Required Entrance Exams

CAT / XAT / CMAT / MAT / ATMA / GMAT / MAH MBA CET

Eligibility Criteria
Graduation (any discipline) from a recognised university with minimum 50% aggregate marks
Admission Process
Step 1: Online application at mcrc.ies.edu / ies.edu (application fee INR 2,200 via Credit/Debit Card / Net Banking / DD / NEFT). Step 2: Shortlisting based on valid entrance exam scores (CAT/XAT/CMAT/MAT/ATMA/GMAT/MAH MBA CET). Step 3: Selection process comprising Micro Presentation, Essay Writing, Psychometric Test, Group Discussion (GD), and Personal Interview (PI). Step 4: Final merit list based on aptitude test scores + PI + academic performance + work experience + extracurricular achievements. Step 5: Document verification, payment of admission fees, and enrollment.

Important Notice

IES MCRC considers overall readiness of candidate including diversity, work experience, academic background, and extracurricular achievements. International students may appear for PI via phone or online mode. TFW quota applications invited separately with income certificate.

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Confused about Admissions?

Don't navigate the complex process alone. Chat with our expert counsellors for 1-on-1 guidance on cutoffs, documentation, and securing your seat.

Placement Highlights 2024

2024: Highest package INR 18.33 LPA (PGDM), Average package INR 8.80 LPA (PGDM), INR 7.20 LPA (PGDM-PM). 100% placement rate for PGDM 2024. NIRF 2025 data: 135 out of 136 PGDM students placed, median salary INR 7.50 LPA. 200+ corporate associations. 218+ companies participated in placement drive.

Highest Package
18 LPA
Average Package
8.8 LPA
Median Package
7.5 LPA
Top Recruiters
Deloitte, TCS, ICICI Bank, HDFC Bank, Asian Paints...

Top Recruiters & Packages

CompanyPackage
Deloitte
18 LPA
TCS
N/A
ICICI Bank
N/A

IES's Management College and Research Centre Previous Year Cutoffs

Detailed Cutoff Analysis

Explore opening and closing ranks across various programs, quotas, and categories. Use the filters below to narrow down the data specific to your requirements. Data covers multiple rounds and student categories.

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53rd All-India (Management)

Times of India (2025)

90th All-India (Management)

IIRF (2025)

9th in Mumbai (Management)

The Week (2024)

Complete Rankings Report

Explore all historic rankings and ratings

Publishing AgencyRanking / Rating
Times of India (2025)
53rd All-India (Management)
IIRF (2025)
90th All-India (Management)
The Week (2024)
9th in Mumbai (Management)
Outlook (2023)
130th (MBA/PGDM)
Outlook (2021)
85th Private MBA
India Today (2021)
178th (MBA)
Business World (2024)
Top 10 B-Schools in Mumbai
NIRF (2025)
Participated
WI Ranking (2024)
Ranked (OBE Ranking and Finest B-School Rankings)

Scholarships & Financial Aid

Fee waiver continues for Year 2 if the student scores average 75%+ marks in Year 1, maintains good performance in co-curricular and extra-curricular activities, and adheres to the General Code of Conduct. Final decision rests with the College Scholarship Committee.

Available Scholarships

Scholarship NameEligibility CriteriaAward Amount
Merit Scholarship โ€“ PGDM (Top 5 Candidates)

Fee waiver continues for Year 2 if the student scores average 75%+ marks in Year 1, maintains good performance in co-curricular and extra-curricular activities, and adheres to the General Code of Conduct. Final decision rests with the College Scholarship Committee.

Top 5 candidates in the IES MCRC PGDM merit list at the time of admission

Up to INR 1,50,000 waiver in first year tuition fees
Merit Scholarship โ€“ PGDM Pharmaceutical Management (Top 3 Candidates)

Fee waiver continues for Year 2 on satisfactory academic and conduct performance. Final decision rests with the College Scholarship Committee.

Top 3 candidates in the IES MCRC PGDM-PM merit list at the time of admission

Up to INR 1,50,000 waiver in first year tuition fees
Tuition Fee Waiver (TFW) Quota โ€“ PGDM

10 TFW seats available under PGDM. Candidates must apply separately with income certificate. AICTE TFW scheme.

Candidates whose parents' annual income does not exceed INR 8 Lakhs; Must secure admission through open merit

100% tuition fee waiver for full 2-year PGDM programme
Tuition Fee Waiver (TFW) Quota โ€“ PGDM Pharmaceutical Management

2 TFW seats available under PGDM-PM. AICTE TFW scheme.

Candidates whose parents' annual income does not exceed INR 8 Lakhs; Must secure admission through open merit

100% tuition fee waiver for full 2-year PGDM-PM programme
Government of Maharashtra Scholarship

State government scholarships available for eligible reserved category students pursuing PGDM at IES MCRC.

SC/ST/OBC/EBC students from Maharashtra meeting income and academic criteria

As per Government of Maharashtra norms

Campus Infrastructure

Campus Infrastructure & Facilities

Classrooms

Classrooms

Air-conditioned, multimedia-enabled classrooms with modern teaching infrastructure supporting case-study-based pedagogy, role plays, and simulations.

Central Library

Central Library

Well-stocked library with management books, journals, e-resources, and digital databases. Open to students and alumni.

Computer Lab

Computer Lab

Fully equipped computer laboratory with high-speed internet, management software, and IT tools to support analytical and technical learning.

Auditorium

Auditorium

Well-equipped auditorium used for conferences, seminars, guest lectures, annual events, and convocation ceremonies.

Hostel

Hostel

Residential hostel facility available for students. Separate hostel arrangements for boys and girls with Wi-Fi, dining, and security. Hostel brochure available at official website.

Hostel & Accommodation

* Fees are subject to change. Please contact the administration for the latest details.

Frequently Asked Questions


Yes. The PGDM at IES MCRC is declared equivalent to MBA by the Association of Indian Universities (AIU), making it valid for government and private sector jobs that require an MBA degree.

The total fee for the 2-year PGDM programme is approximately INR 9.20 Lakhs (INR 4,75,000 per year). For PGDM Pharmaceutical Management, the total fee is approximately INR 8.20 Lakhs. A refundable caution deposit of INR 10,000 is payable in Year 1, and an Alumni Association membership fee of INR 2,000 in Year 2.

IES MCRC accepts CAT, XAT, CMAT, MAT, ATMA, GMAT, and MAH MBA CET scores for PGDM and PGDM-PM admissions.

Yes. IES MCRC offers hostel facilities for students. A hostel brochure is available on the official website. Contact the admissions office for current capacity and fee details.

PGDM
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