IES's Management college and Research centre, Mumbai Admission 2023: Check USPs, Eligibility, Criteria, Fees; Application is Open

Popularly known as IES MCRC, the IES's Management college and Research centre, Mumbai, In its endeavor to shape and develop business leaders, offers two PGDM programs – PGDM General and PGDM Pharmaceutical Management. Admissions are open for both the programs. IESMCRC also offers PhD  in Management affiliated to University of Mumbai.

IESMCRC Mumbai  Admissions 2023 Open - Apply Now

Established in 1998, IES’s Management College and Research (IESMCRC) is an integral part of  Indian Education Society which is one of India's oldest Public Charitable Trusts committed to education and successfully running 67 Institutions. IESMCRC is recognized as a premier business school, committed to academic excellence and value-based education. The motto of IESMCRC is “Creating Leaders for sustainable development.”

IESMCRC has state-of-the-art academic infrastructure with proficient faculty members with average 12 years of experience. IES MCRC provides an excellent environment for research and development

activities. The B-school offers the latest in management education through a unique pedagogy to enable the students to become successful and socially responsible professionals. Check below the key USPs, programme fee, placements and IESMCRC admission process.

Table of Contents

1. IESMCRC Mumbai USPs and highlights
2. IESMCRC Mumbai Programs offered & Specializations
3. IESMCRC Mumbai Fees
4. IESMCRC Mumbai Seats
5. IESMCRC Mumbai Placements
6. IESMCRC Mumbai Scholarships Offered
7. IESMCRC Admission Eligibility Criteria 2023
8. How to Apply for IESMCRC Mumbai Admission 2023
9. IESMCRC Mumbai Admissions 2023 Process
10. IESMCRC Commitment for Value Added Education

1. IESMCRC Mumbai: USP and Key Highlights
Here are key highlights of this well-known Mumbai B-school.

• 1.1 Legacy and Lineage: Indian Education Society is one of India's oldest Public Charitable Trusts committed to education and successfully running 67 Institutions. Part of this prestigious trust, IES’s Management College and Research Centre (IESMCRC) is recognized as a premier business school which is committed to academic excellence and value-based education.
• 1.2 Ranked amongst Top B-Schools in Mumbai: IESMCRC Mumbai was ranked Ranked 7th Among Top B School in Mumbai by MBAUniverse.com and 8th Best B-school in Mumbai by The Week – Hansa Ranking.
• 1.3 Approvals and Accreditation: IESMCRC’s  Post graduate Diploma in Management (PGDM) is AICTE approved, NBA Accredited and has AIU Equivalence. Post Graduate Diploma in Management (Pharma Management) is also AICTE approved. National Best Budding Manager given by All India Management Association (AIMA); Award for Leadership and Teamwork Module as an Innovative Initiative;  Award for "Immense Development and Growth in the Activities of the Institute given by BMA;  Award for "Special Contribution-Curriculum Design" given by BMA.
• 1.4 Senior Faculty Members: IESMCRC has proficient faculty members with average 12 years of industry experience.
• 1.5 Moderate fee: IESMCRC Mumbai PGDM  fees is Rs.9.12 lakhs and the fees for PGDM Pharmaceutical Management is Rs.8.12 lakhs
• 1.6 Good placements: IESMCRC Mumbai students have received good placements. IESMCRC Mumbai placements 2020-22 batch has registered average salary of Rs.6.5 LPA and Highest Salary of Rs.10 LPA. 218 companies participated in placement process
• 1.7 IES MCRC Courses with Specializations: IESMCRC courses offer wide range of specializations in the areas of Marketing, Finance, Human Resource, Operations, Entrepreneurship Development, Business Analytics
• 1.8 IES MCRC Cutoff: IESMCRC cut offs do not go very high as the institute considers other components also like academics, diversity, work experience, extra curriculur achievements
• 1.9 International Immersion: IESMCRC offers Study Abroad Immersion programs (4 - credit course) in Switzerland and Taiwan;  Student Exchange Program with one Semester abroad for duration of 5 months in Taiwan. The tuition fee is waived off by the foreign universities; Paid International Internship at Taiwan for 3 months.

2. IESMCRC Mumbai Programs offered
IESMCRC Mumbai offers following 2 years full time programmes

• Post Graduate Diploma in Management (PGDM)
• Post Graduate Diploma in Management-Pharmaceutical Management (PGDM-Pharma)

2.1 IESMCRC Programme Specializations
IESMCRC Mumbai offers many specializations in PGDM program namely Marketing, Finance, HR, Operations, Entrepreneurship, and Business Analytics. PGDM Pharma Management programme offers the major specialization in areas of Pharma Marketing, Operations and Supply Chain Management.

3. IESMCRC Mumbai Fee
IESMCRC fees payable by students for PGDM and PGDM-PM programs is as under:

4. IESMCRC Mumbai: Seats for PGDM & PGDM-Pharma
Programme wise IESMCRC, Mumbai seats are as below:

IESMCRC Mumbai  Admissions 2023 Open - Apply Now

5. IESMCRC Mumbai Placements
IESMCRC Mumbai has achieved many milestones in the Placements process. IESMCRC has very good relationship with a large number of corporate from varied sectors.

In Placement 2022, Average salary stood at Rs. 6.50 LPA while the Highest Salary was Rs. 10 LPA. 218 companies participated in placement process. Prominent recruiting sectors were BFSI, Consulting, E commerce, FMCG/FMCD, IT, Infrastructure, manufacturing,  Retail, Pharmaceutical, Telecom among others.

5.1 Top Recruiters
Recruiters who offer jobs at IESMCRC Placement include:

6. IESMCRC Scholarships Offered
IESMCRC offers many Scholarships and tuition fee waivers to deserving students as below

6.1 IESMCRC Scholarships for PGDM Students

Name of the Scholarships:  Merit Scholarship

No. of Scholarships:  5

Amount & Details of Scholarship Scheme:

• INR 2,00,000/- waiver in the first year tuition fees for the Top 5 candidates in the IESMCRC Merit List provided they score minimum 85 percentiles in the written aptitude test required for the admission (CAT, MAT etc.).

Period: The fee waiver will continue for the second year, provided the student

• Scores average 75% marks in the first year.
• Has overall good performance in co-curricular and extra-curricular activities (internal and external activities).
• Maintains highest standards of adherence to the General Code of Conduct described in the handbook and shouldn’t have any instance of misbehavior / indiscipline.

6.2 IESMCRC Scholarship for PGDM (Pharmaceutical Management)

Name of the Scholarship: - Merit Scholarship

No. of Scholarships: 3

Amount & Details of Scholarship:

• Up to INR 1,50,000/- waiver in the first year tuition fees for the Top 3 candidates in the IES MCRC Merit List The fee waiver will continue for the second year, provided the student
• Scores average 75% marks in the first year.
• Has overall good performance in co-curricular and extra-curricular activities (internal and external activities).
• Maintains highest standards of adherence to the General Code of Conduct described in the handbook and shouldn’t have any instance of misbehavior / indiscipline.

The final decision to award the scholarship remains with the College management.

The decision of the Scholarship Committee / Executive Committee shall be final and binding on all applicants.

6.3 Tuition Fees Waiver Quota (TFW)
Applications are invited for admission into PGDM (10 Seats) / PGDM-Pharmaceutical Management (2 Seats) under Tuition Fees Waiver Quota (TFW quota) from eligible candidates for academic year 2023-24.

Eligibility and Requirements:

A. Sons/Daughters of parents whose annual income from all sources shall NOT exceed INR 8 Lakhs.

B. The Waiver is limited to the Tuition Fee as approved by the BOG of the Institution.

C. All other Fees except Tuition Fee shall have to be paid by the beneficiary.

D. Academic eligibility for admission remains same as that applicable for open category candidates. (Certificate from the competent authority should be emailed along with the other academic documents to [email protected], after submitting the Online Application through the College Website)

7. IES Mumbai Admission Eligibility Criteria 2023

1. PGDM: IESMCRC Mumbai eligibility criteria require that the candidate must hold a bachelor's degree of minimum 3 years duration, with at least 50% marks or equivalent CGPA from any of the Universities recognized by University Grants Commission or Association of Indian Universities in any discipline
2. PGDM-PM: Candidates who have passed B.Pharm, B.Sc. (Biology, Chemistry, Bio-chemistry and Bio-Technology), B.E. (Bio-medical and Bio-Technology) are eligible to apply.
3. Entrance Exams: Candidates should have valid test score in at least one of the seven aptitude tests namely, GMAT/CAT/XAT/ATMA/CMAT/MH-CET/MAT.

8. Application Process for Admission at IESMCRC, Mumbai
IESMCRC has introduced online application form for both the PGDM programs. Here are the key steps to apply:

Step 1: Register for IESMCRC Admission 2023

Step 2: Fill up the basic details in the Application form

Step 3: Pay the application fee of Rs 2000

• You need to login at IESMCRC Mumbai PGDM Admission Official Page Apply Now
• You need to submit the documentary proof/ evidence for the aptitude test score which they are mentioning in the form. The acceptable test scores are GMAT/CAT/XAT/ ATMA/CMAT/MAH-CET/MAT. If you have not received the test score till the time of submitting the application form then you should submit the photocopy of the score card at the time of Personal Interview.
• You can mention scores of all the tests you have appeared for. IESMCRC will consider the best score among all the tests which you have provided in the application form.
• The admission processing charges for PGDM Program are INR 2000/- which can be paid online (VISA/MasterCard/Netbanking) or offline (DD/NEFT).
• You will be given access to the online application form upon confirmation of the payment
• The application will be considered as accepted after the completion of entire application form
• Please also keep your mobile handy for online application. Only one Mobile Number can be used by a candidate for online registration.

9. IESMCRC Mumbai Admission Process 2023
IESMCRC Mumbai Admission 2023 is Open. Details of IESMCRC Admission 2023 are as below:

• The selection process at IES MCRC takes into consideration the overall readiness of the candidate for the management program.
• Since the aptitude test is mandatory, it is considered to determine the eligibility of the candidates and a small weightage is given to the test scores.
• The final selection also considers multiple parameters like scholastic records, academic performance in X, XII and under graduate level, Experience (if Any), performance in personal interview, entrance test score etc.

9.1 IESMCRC Final Selection Weightages
Following are the IESMCRC Parameters for Final Selection for PGDM & PGDM (Pharmaceutical Management) 2023-25 batch

Note: Outstation Candidates will be given an option of participating through a Virtual Selection Procedure over Online Platforms On the basis of these parameters a composite score is calculated and the merit list is prepared. Because of this system it is possible that a worthy candidate with an average aptitude test score but having a good academic record clubbed with good performance across the selection parameters may get selected.

10. IESMCRC Committed to Value Added Education
IES MCRC's commitment to "Value Addition through Education" is manifested through a whole spectrum of programs and Industry-oriented activities. In addition, IESMCRC students take up various projects with NGOs and organize CSR activities under various platforms. The Institution has produced many distinguished alumni, who have contributed significantly to the industry and society and earned accolades and respect in their chosen careers.

As part of the leadership and teamwork module, IES-MCRC students also participate in the outbound training programs. This outbound activity gives them an opportunity to enjoy adventure sports and learn management concepts through these activities. The module was jointly designed by IES and Empower Activity Camps, Kolad, with a two-fold objective: Enhancing human effectiveness and inculcating leadership and teamwork skills. The training involves management games intertwined with on-field training exercises. This inculcates a strong sense of achievement orientation and exposure to real life team situations

IESMCRC Mumbai has adopted unique pedagogy that includes Case studies of global and Indian companies which provide an opportunity to analyze real life corporate problems. There are projects which provide an opportunity to students to work in groups and develop their team skills along with studying the subject. The institute organizes guest lectures in which experts from the industry share their valuable knowledge and experience. The Industrial visits expose students to witness the actual functioning of corporate organizations. Role plays is a key part of pedagogy which help students simulate real life situations. IESMCRC Admissions 2023 are open. Apply Now

Stay tuned to MBAUniverse.com for more updates on IES Management College and Research Centre, Mumbai