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IES’s Management College & Research Centre (MCRC) Mumbai

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IES’s Management College & Research Centre (MCRC) Mumbai

IES MCRC is a private institution established in 1998, approved by AICTE, NBA-accredited, and recognized by AIU as equivalent to an MBA program. It offers a spectrum of programs including PGDM (General & Pharma), MMS, executive diplomas, and a Ph.D. in Management

IES’s MCRC Courses Offered

ITM Business School offers a wide range of AICTE-approved Post Graduate Diploma in Management (PGDM i-Connect) programs. These are designed with a focus on industry immersion, skill development, and career readiness.
All programs follow a trimester system and include a 5-month intensive internship (Industry Internship Program – IIP), global exposure, and placement support.
Course Name Duration Type
MMS (Master in Management Studies)
2 Years
Full-time
PGDM (General)
2 years
Full-time
PGDM – Pharma & Healthcare Management
2 years
Full-time

IES’s MCRC Admission Process

MMS (Through DTE CAP Round):
  • Appear for MAH-CET / CAT / CMAT / MAT / ATMA / XAT
  • Register on cetcell.mahacet.org for CAP Round
  • Select IES MCRC during option filling
  • Seat allotment based on merit + category + preference
    • Apply directly on www.ies.edu/management

    • Appear for institute-level GD-PI rounds

    • Final selection based on test score, academics & interview

IES’s MCRC Eligibility & Entrance Exams

Program Eligibility Accepted Exams
MMS
Graduate with min 50% (45% for reserved)
MAH-CET, CAT, CMAT, XAT, ATMA, MAT
PGDM / PGDM-Pharma
Graduate with min 50%
MAH-CET, CAT, CMAT, ATMA, MAT, XAT

IES’s MCRC Fees Structure

Program Approx Fees (for 2 years)
MMS
₹4.36 L approx.
PGDM (General)
₹9.12 L approx.
PGDM (Pharma & Healthcare)
₹8.12 L approx.

IES’s MCRC Placement Stats

IES’s Management College & Research Centre (IES MCRC) continues to maintain its reputation as a well-placed B-School, achieving a strong placement rate year after year. For the PGDM batch of 2022–2024, the institute recorded a highest domestic package of ₹18.33 LPA, with the average CTC standing at ₹7.2 LPA. The top 10% of students secured an average package of ₹9.6 LPA. Over 90+ companies participated in the recruitment drive across core domains like Consulting, BFSI, FMCG, Pharma, E-commerce, and General Management. Leading recruiters included Deloitte, TCS, ICICI Bank, Kotak Mahindra, Aditya Birla Group, P&G, HDFC Bank, Reliance, BYJU’s, and more. With its strong academic rigor, industry-focused learning, and central Mumbai location, IES MCRC continues to deliver competitive placements and a positive return on investment.
Key Placement Highlights – MBA Batch 2022–2024
Placement Metric Statistics
Highest CTC (Domestic)
₹18.33 LPA
Average CTC
₹7.2 LPA
Median CTC
₹6.8 LPA (approx.)
Top 10% Average CTC
₹9.6 LPA
Placement Rate
~95%
Top Recruiting Sectors
Sector Key Highlights
Consulting & Strategy
Deloitte, Protiviti, TresVista
BFSI
 ICICI Bank, Kotak Mahindra, HDFC Bank, Axis Bank
FMCG
P&G, Mondelez, Godrej
Technology & E-Commerce
TCS, Infosys, BYJU’s, Reliance Retail
General Management
Aditya Birla Group, Piramal Group
Pharma & Healthcare
Cipla, Glenmark, Abbott
Placement Trends Over Years
Year Highest CTC Average CTC Placement %
2024
₹18.33 LPA
₹7.2 LPA
~95%
2023
₹16.2 LPA
₹6.5 LPA
~93%
2022
₹14.5 LPA
₹6.1 LPA
~92%

IES’s MCRC Campus Infrastructure

  • 📍 Location: Bandra West, Mumbai (10 mins from Bandra Station)
  • AC Classrooms & Seminar Halls
  • Bloomberg Finance Lab
  • Digital Library with Remote Access
  • Sports, Gym, Cafeteria & Wi-Fi Campus
  • Guest lectures, live projects & rural immersion programs
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