MumbaiIES MCRC

IES's Management College and Research Centre - [IES MCRC], Mumbai

Mumbai, MaharashtraEstd 1998 Mumbai University, Mumbai
#127 For MBA By Outlook 2024  
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About IES MCRC

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Written By Sapna Malik updated 

Established in 1998, IES’s Management College and Research Centre (IESMCRC), Mumbai is a private institute recognized as a premier Management institute and one of the Top 50 management colleges in India and the Top 10 colleges in Mumbai for management studies. Indian Education Society is one of India’s oldest Public Charitable Trusts committed to education and successfully running 67 Institutions.IES's MCRC has industry alliances with CII, IMC, ISTD, NIPM, AMDISA, IDMA, and many more.  The institute offers full-time management programs which include PGDM, and PGDM (Pharmaceutical Management) approved by AICTE. The flagship program of the Institute is a 2-year full-time residential PGDM course accredited with an MBA equivalence by the AIU. IES MCRC also offers a doctoral-level PhD program to research scholars and academicians. Read about IES MCRC Mumbai Courses & Fee

Admission shortlisting at IES MCRC is done based on CMAT/ GMAT/ XAT/ MAT/ CAT/ ATMA/ MH-CET entrance exam. IES’s MCRC final admission is based on the aptitude test, micro presentation, essay writing, work experience, Psychometric Test, Personal Interview (PI) and academic performance. Admission to the Ph.D. course is done on the basis of the Ph.D. entrance test conducted by Mumbai University followed by a series of interviews. IESMCRC has state-of-the-art academic infrastructure with proficient faculty members with an average of 12 years of experience.

IES MCRC Placements 2023 has been concluded with 235 placements. The highest package stood at INR 10 LPA whereas the average package stood at INR 7.5 LPA. There was a participation of 218 recruiters during the placement drive. Some of the top recruiters included P&G, Deloitte, HDFC Bank, BYJU’s, Aditya Birla group etc.

IES MCRC Important Dates 2024

Event Dates
Last Date to Apply for PGDM April 30, 2024 (Tentative)
Final Deadline for PGDM June 15, 2024 (Tentative)
Last Date to Apply for Professional Certificate Program in Business Analytics April 25, 2024
Commencement of Professional Certificate Program in Business Analytics June 8, 2024

IES MCRC Quick Updates

  • Proficient faculty members with average 11 years of experience. 
  • Industry alliances with CII, IMC, ISTD, NIPM, AMDISA, IDMA etc.
  • MOUs with FHNW University, Switzerland, NTHU University, Taiwan, Yuntech University, Taiwan, CYUT University, Taiwan and Asia University, Taiwan
  • Case study based Learning with Role Plays and simulation
  • Accredited by ‘National Best Budding Manager’ given by All India Management Association (AIMA)
  • Learning beyond the classroom : Self Learning Courses, Industrial Visits, Rural Immersion Programs, Live Projects.

IES MCRC Ranking & Accreditations

Ranking Body Ranking Parameter Ranking
Outlook 2023 MBA/ PGDM 130
Accreditation National NBA
Accreditation MBA Equivalence AIU

Check IES MCRC Mumbai Reviews

IES MCRC Courses, Eligibility, Admissions, Fees

Course Name Course Eligibility
PGDM  Eligibility: Minimum graduation (any discipline) from a recognized university with minimum 50% marks in an aggregate or equivalent grade.
Duration: 2 years
Admission Criteria: GMAT/ CAT/ XAT/ MAT/ ATMA/ CMAT/ MH-CET score+PI
Intake: 210 
PGDM-Pharmaceutical Management

Eligibility: Candidates should have passed graduation in Pharmacy, Medicine, Biology, Chemistry and other Life Sciences as specialization with a minimum of 50% marks in an aggregate or equivalent grade.
Duration: 2 years
Admission Criteria: GMAT/ CAT/ XAT/ MAT/ ATMA/ CMAT/ MAH-CET score+PI
Intake: 30

PhD Eligibility: Post Graduate from a recognized University/ Institute with a minimum of 50% aggregate marks
Duration: 5 years
Admission Criteria: PhD entrance test by Mumbai University/ SET / UGC NET / CSIR JRF score 

CheckIES’s MCRC Mumbai Admission

PGDM Specialization Offered:

  • Finance
  • Marketing
  • Human Resources
  • Operations
  • Entrepreneurship
  • Business Analytics

IES Mumbai Admission 2024: Shortlisting Criteria

The first part of IESMCRC Admission criteria is the shortlisting criteria before the final selection round. IESMCRC, Mumbai will shortlist the candidates for Personal Interview. PI round will be conducted online and covers the document verification process also. The Shortlisting criteria will be as under:

  • IESMCRC Mumbai will shortlist candidates on the basis of entrance exam scores accepted for admission
  • IESMCRC will consider aggregate scores and not sectional scores of the applicants in the acceptable entrance exams for shortlisting.
  • Applicants may submit more than one entrance test score. IESMCRC will consider the best test score for shortlisting.
  • All the applicants shortlisted for GD/PI are offered the opportunity to attend the final selection process

Required Documents for Verification

All the applicants who get shortlisted for participating in the selection process are to submit one set of self-attested documents as per the following sequence at the time of the Personal Interview.

  • 10th  and 12th, and Degree (Semester / Year wise) Mark Sheets and Certificate
  • Aptitude Test (GMAT/ CAT/ MAT/ XAT/ ATMA/ CMAT/ MH-CET) Score Card, whichever is applicable
  • Work Experience Certificate (If any)
  • “Gap (IF ANY) Affidavit” (Period after Graduation till Admission Date)
  • Photographs 2 Nos. - Stamp Size (Please write Name on the reverse side of the Photograph
  • Aadhar Card
  • The shortlisted applicants must bring the original certificates for verification.
  • Original documents are required to be submitted at the time of admission
  • All documents shall be verified by IESMCRC.

IES MCRC Mumbai Cut off

National Level Qualifying test Cut off ( in Percentile)
CMAT 75
CAT 70
XAT 75
MAT 68
ATMA 80

Parameters for Final Selection - PGDM & PGDM (Pharmaceutical Management) 

Parameters Marks
% Marks in SSC (10th) 25
% Marks in HSC (12th) 25
Work Experience 25
Group Discussion (GD) / Micro Presentation (MP) 20
Personal Interview (PI) 80
Aptitude/ Entrance Test Score 125
Total Weightage 300

Check IES MCRC Mumbai Cut off

IES MCRC Mumbai Placements

IES MCRC Placements 2023 final report has been released with 97% placements recorded. IES MCRC highest package stood at INR 10 LPA. More highlights of IES MCRC Placements 2023 are tabulated below:

Particulars Placements Statistics 2023
Number of Recruiters 218
Number of Students Participated 241
Number of Students Placed 235
Placement Percentage 97%
Highest Package INR 10 LPA
Average Package INR 7.5 LPA
Top Recruiters P&G, Deloitte, HDFC Bank, BYJU’s, Aditya Birla group etc 

Check: IES’s MCRC Mumbai Placement

IES's MCRC Scholarships

IES's MCRC offers scholarship opportunities to deserving and meritorious candidates under different categories and parameters, such as -

  1. For PGDM students: A waiver of Rs 2,00,000 in the first year tuition fees for the Top 5 candidates in the IESMCRC Merit List provided they score a minimum of 85 percentiles in the written aptitude test required for the admission (CAT, MAT, etc.). The fee waiver will continue for the second year, provided the student scores average 75% marks in the first year and has overall good performance in co-curricular and extra-curricular activities.
  2. For PGDM (PM) students: Up to Rs 1,50,000 waiver in the first year tuition fees for the Top 3-admitted candidates based on their merit in the IES MCRC ranking. The waiver will continue for the second year, provided the candidate scores average 75% marks in the first year
  3. Tuition Fees Waiver Quota (TFW): This fee waiver is provided to Sons / Daughters of parents whose annual income from all sources shall NOT exceed INR 8 Lakhs. The Waiver is limited to the Tuition Fee as approved by the BOG of the Institution. The academic eligibility for admission remains the same as that applicable to open-category candidates. 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 the academic year 2023- 24.

Read More IES's MCRC Scholarship

IES's MCRC Facilities

IES MCRC provides various facilities to the students for a better environment to study. Some of the facilities provided by the institute are mentioned below:

  • A/C Classrooms and Wi-Fi Campus
  • Cafeteria
  • Convenience Store
  • Hospital & Medical Facilities
  • Hostel
  • Labs
  • Library
  • Sport Complex 

IES's MCRC​ FAQs

Ques. What are the international programs offered at IES MCRC Mumbai?

Ans. IES’s MCRC offers International programs to selected students:

  • Study Abroad Immersion programs (4 - credit courses) in Australia, Ireland, Switzerland, Taiwan, USA.
  • Student Exchange Program (Semester abroad) for a duration of 5 months in Taiwan and Ireland.
  • The tuition fee is waived off by the foreign universities.
  • Paid International Internship in Taiwan for 3 months.
  • The student has to pay for a visa, travel and stay for all the above programs.

Ques. What is the enquiry address and contact no. of IES MCRC?

Ans. The enquiry address and call no of IES MCRC has been mentioned below.

General Enquiry :

Address IES MCRC "Vishwakarma" M.D. Lotlikar Vidya Sankul, 

791, S. K. Marg, Bandra Reclamation, 

Mumbai – 400 050

Registrar office / Admin Office no. - 022 - 5000 1725 / 5000 1785

For any other enquiry - info@ies.edu / registrar@ies.edu;

For any update or query related to Admissions 2024

Admission Enquiry no. 022 - 50001729 / 730 / 9029201800 / 9152024112 / 9152024113

Ques. How can I cancel my admission at IES MCRC Mumbai?

Ans. For any reason, if an applicant decides to cancel admission after payment of fees, then the refund will be as per AICTE rules.

Ques. Does IES MCRC Mumbai offer scholarships?

Ans. Yes, IES’s MCRC provides scholarships on the basis of merit. The final decision to award the scholarship remains with college management. To know more, click here

Ques. What are the bank details for submitting fees via NEFT at IES MCRC Mumbai?

Ans. The bank details for submitting fees via NEFT at IES’s MCRC are as follows:

Account Name IEC MCRC (Autonomous)
Bank Name The Greater Bombay Co. op Bank Ltd.
Branch Bandra Reclamation, Mumbai
Account No. 30200044913
IFSC Code GBCB0000018
Type of Account Saving

Do you think the data is wrong ?  Report Here

Courses Offered By IES MCRC 2024

Select Degree and Streams to See Course Fees and Admission Details.

Clear
Streams :
Pharmaceutical ManagementGeneralBusiness Analytics
Degree :
PGDMPh.DExec. CertificateMDP
Program Type :
Full TimePart Time
Post Graduate Diploma in Management [PGDM] 
1st Yr Fees:₹4.1 Lakhs - 4.6 Lakhs
2 Courses2 Years Full Time
#178out of 268 by India Today

Eligibility:

Graduation with 50%
Ph.D. (Management Studies) 
1st Yr Fees:₹72,000
1 Courses3 Years Full Time
#178out of 268 by India Today

Eligibility:

Post Graduation
1 Courses 11 MonthsPart Time
#178out of 268 by India Today

Eligibility:

Graduation with 50%
1 Year Full Time
#178out of 268 by India Today

Eligibility:

Graduation

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IES MCRC Upcoming Application Dates 2024

Important Events

EventsDates
CAT 2024 Admit Card Date
Tentative
Oct 25, 2024
CAT 2024 Exam Date
Tentative
Nov 24, 2024
CAT 2024 Result Date
Tentative
Dec 26, 2024
MAHCET Registration TimelineJan 11, 2025 - Feb 12, 2025
MAHCET Admit CardFeb 28, 2025
MAHCET Exam DateMar 09, 2025
MAHCET Result DateApr 28, 2025

Expired Events

EventsDates
CAT 2024 Registration DateAug 03, 2024 - Sep 20, 2024
MAHCET Counselling Start DateJul 09, 2024
MAT (PBT) ExamJun 02, 2024

Important Events

EventsDates
CAT 2024 Admit Card Date
Tentative
Oct 25, 2024
CAT 2024 Exam Date
Tentative
Nov 24, 2024
CAT 2024 Result Date
Tentative
Dec 26, 2024
MAHCET Registration TimelineJan 11, 2025 - Feb 12, 2025
MAHCET Admit CardFeb 28, 2025
MAHCET Exam DateMar 09, 2025
MAHCET Result DateApr 28, 2025

Expired Events

EventsDates
CAT 2024 Registration DateAug 03, 2024 - Sep 20, 2024
MAHCET Counselling Start DateJul 09, 2024
MAT (PBT) ExamJun 02, 2024

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IES MCRC Cutoff 2024

Exams

IES MCRC, CAT Cutoff 2023

IES MCRC, CAT Cutoff 2023 for General Category is listed below. The overall cutoff percentile for CAT is 25

Courses
Round 1
25
25

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IES MCRC Rankings 2024

You can check college rankings with different ranking agencies.

IES MCRC MBA Universe Ranking

Overall Graded AA in 2019
MBA Universe

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Course Finder

Search from 20K+ Courses and 35+ Streams

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IES MCRC Scholarship 2024

Scholarship provided by the college.

IES MCRC, Mumbai provides scholarships to students on the basis of merit. A brief about the same is listed below:

Post Graduate Diploma in Management (PGDM) 

  • Name of the Scholarships: Merit Scholarship 
  • No. of Scholarships: 10 
  • Details: 
    • INR 100000 waiver in the first year tuition fees for the Top 10-candidates in the IES MCRC Merit List provided they score a minimum of 90 percentiles in the written aptitude test required for the admission (CAT, MAT, etc).
    • The waiver will continue for the second year, provided the candidate scores average of 75% marks in the first year.

Post Graduate Diploma in Management (PGDM – PM)

  • Name of the Scholarship: Merit Scholarship 
  • No. of Scholarships: 5 
  • Details: 
    • Up to INR 75,000 waiver in the first year tuition fees for the Top 5-Admitted Candidates based on their merit in the IES MCRC ranking. 
    • The waiver will continue for the second year, provided the candidate scores an average of 70% marks in the first year. 

Note: 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 in cases of all applicants.

IES MCRC Facilities

You can check here to see what types of facilities IES MCRC provides.

Sports
Medical
Cafeteria
Laboratory
Library
Hostel
Classrooms
Wi-FI Campus

IES MCRC Faculty

Basic Information about the Faculty of IES MCRC

director
Mr. Sameer Tamhane
Professor Economics
Dr. Beena Narayan Tripathi
Program Chairperson CSR
Deepak M. Ganachari
Associate Professor
Devaki Nadkarni
Assistant Professor
Dr. Gazia Sayed
Associate Professor
Maithili Prashant Dhuri
Assistant Professor
Merlyn M D'souza
Assistant Professor
Mrunal Joshi
Associate Professor
Neeraj Dixit
Professor
Richa Chaudhary
Associate Professor
Siddharth N Dabholkar
Associate Professor
Sukhada Tambe
Associate Professor

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Scholarship provided by college

IES MCRC College Details

Basic Information About the Colleges

‘Vishwakarma’ M. D. Lotlikar Vidya Sankul, 791, S. K. Marg, Bandra Reclamation
Mumbai - 400050
Maharashtra, India
Get SMS Contact:  022 -50001785
Get Call Details:  022 -50001785
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IES MCRC Latest News

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