Both IMT Ghaziabad and ICFAI Gurgaon are excellent engineering colleges offering top-quality education. IMT Ghaziabad is one of the oldest and top private B-schools established in 1980 that has been ranked 44 by NIRF in 2022. It has also been consistently ranked among the top 20 business schools and top 10 private business schools in the country. Known for its flagship 2-year PGDM program, IMT Ghaziabad has an excellent specialization in Marketing.
ICFAI Business School (IBS) Gurgaon, a constituent of ICFAI University, is recognized by UGC and approved by AICTE. The college provides career-oriented and innovative education in the discipline of Management which helps the students to enhance their practical skills. IBS Gurugram, established in 1995, offers diploma and research programs across various specializations for a duration of 2 years
Particulars |
IMT Ghaziabad |
ICFAI Gurgaon |
Fees |
INR 19.53 lakh |
INR 9,09,000 Total Fees |
Ranking |
44 by NIRF |
- |
Cutoff |
CAT-90; XAT-90; GMAT-650 |
CAT-70; NMAT-55 |
Highest CTC |
INR 65.6 LPA |
INR 22.18 LPA. |
Average CTC |
INR 17.35 LPA |
INR 6.81 LPA |
Top Recruiters |
Deloitte, Infosys, HSBC, HDFC Bank, Accenture, Cognizant |
Deloitte, EY, pwc, ICICI Securities, BYJU’s, HCL |
Ultimately, it’s a matter of personal preferences and inclinations so choose wisely.
You should consider NDIM in New Delhi as the best option among the four colleges: Asia Pacific in New Delhi, IMS in Ghaziabad, and IBS in Gurgaon. Although all of these colleges offer similar academic programs and job placements, NDIM is known to be more cost-effective and highly sought after by organizations. The fee for the PGDM program at Asia Pacific is approximately 10.2 lakhs, whereas the fee for IMS is 10.3 lakhs, and for IBS Gurgaon is 11 Lakhs.
On the other hand, NDIM's program fee is only 9.3 lakhs. Additionally, the industrial environment in New Delhi will provide you with numerous job opportunities and projects.
Among these IILM is the best option for an MBA. It has a small batch size. So, each student gets the required attention and good placement opportunities. IILM has a vibrant residential community. Peer learning opportunities are ample. The institute has a dedicated faculty pool. You will learn the ropes of management from the best in industry.
IILM placements are impressive. The average CTC for the institute is around INR 4.50 LPA. Deloitte, E&Y, HUL, and HSBC, are the major recruiters to take part in placement drive.
Between these two options, MBA from IBS Hyderabad is better. However, you should know that the ROI for the degree isn’t that good. Due to the huge student intake, everyone doesn’t get the required attention. During placement too, every student doesn’t get placement offers. IBS Hyderabad placement highlights state the average CTC offered was 7.97 LPA.
If you are going to Hyderabad, you should consider other reputed management institutes like Ashoka School of Business.
First of all IBS Gurgaon does not provide an MBA degree, it provides three courses PGPM (Postgraduate Program in Management), BBA, Ph.D. it is a privately owned college not affiliated by UGC. Hence the college has no right to award an MBA degree instead of this it only awards a certificate of the postgraduate program in management.
Established |
1995 |
State |
Private |
Course |
MBA/PGPM |
Admission Criteria |
IBSAT/CAT/GMAT |
Total Fee |
8,00000 |
Students are admitted to the MBA/PGPM programs through the IBSAT scores. It is an online test i.e., a computer-based examination with multiple-choice questions. The duration of the exam is two hours. The questions are posed in such a manner to test the quantitative aptitude, data interpretation, vocabulary, data adequacy, analytical reasoning, and reading comprehension skills of the candidate.
Placements here in MBA/PGPM were decent for the 2019 batch. The highest salary package offered was around 16 LPA, and the average salary package offered is 6-8 LPA. Various good companies of Gurugram and Big 4s visit the campus every year majorly for finance, marketing, and HR. Banks and Insurance companies also visit the college to hire students.
The fee for MBA/PGPM is around 8 lakhs. This includes tuition and other fees for each semester. Nearly 4 lakhs per year. The charges of foreign tours are not included in this fee. We can submit the fee in 5 installments.
The faculties for MBA/PGPM are good and have great knowledge of their subjects. They are always ready to help. But there is less number of permanent faculty, most of the faculty is on a contract/outsourcing basis.
IBS enlarges the MBA/PGPM Program with soft skills which gives a unique opportunity for the students to develop, enhance their personality, and communication and presentation skills. In addition to the core and specialization courses offered in the MBA/PGPM Program, IBS offers a summer internship program that forms a unique component of education at IBS.
I am an MBA student at IBS Gurgaon. I can only talk about my institution.
For an MBA, IBS Gurgaon offers good faculty and placements, and an affordable fee structure. The IBS Case Research Centre is the 3rd largest CASE Developer in the world.
IBS follows a case-based approach to teaching management students. This approach allows students to learn about the real industry requirements and helps them look beyond the prescribed syllabus.
If a student does not get admission into IIMs for education, he/she can prefer IBS Gurgaon as the next best option in terms of ROI and academics. Some of the top companies that recruit management students from IBS Gurgaon are- Deloitte, KPMG, Amazon and Google, among others. Moreover, IBS Gurgaon offers a strong alumni network for its management students.
Based on these factors, I would recommend you to choose IBS Gurgaon over LPU for your business and management studies.