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IBSAR Trust's IBSAR Institute of Management Studies, Karjat, Maharashtra, has been a pioneering institute in developing future leaders since the year 2008. This affiliated college, on a small 2.85-acre campus, offers two speciality programmes in management and computer applications; it lays more emphasis on quality education. It has a faculty strength of 12 dedicated professionals who guide and groom a small, close-knit student body comprising just 4 enrolments. It would provide an intimate learning environment with personal attention and intensive skill development in its two postgraduate programs: Master of Management Studies and Master of Computer Applications.
IBSAR Trust's IBSAR Institute of Management Studies prides itself on the availability of an array of facilities that help enrich the student experience. Well-stacked, the library serves as a knowledge hub and offers a wealth of resources for research and learning. It has sports facilities, which help in maintaining a balance between work and life for those interested in physical activities. The IT infrastructure of the college keeps the students updated with the changing technological face of today's modern, digitally driven world. The cafeteria on campus helps the students to chill out, relax, and socialise. Enriching the academic ambience, the auditorium is always busy with events and seminars. Laboratories are well facilitated to enhance practical learning, especially in the case of MCA students. A guest room/waiting room has been provided for visitors, and it will surely reflect the hospitality of the institute with comfortable accommodation.
The academic programmes at IBSAR have been designed and modified according to the changing needs of the job market. Currently, the institute offers two full-time postgraduate programmes, viz., Master of Management Studies (MMS) and Master of Computer Applications (MCA). While the two-year MMS programme is aimed at developing managerial talent, the MCA programme is designed for advanced computer applications and software development with a duration of three years. Both programmes are in full-time mode, which helps in immersive learning experiences.
IBSAR is pretty competitive and monitored by State Level Entrance Examinations. For MCA, aspirants have to appear for the Maharashtra MCA Common Entrance Test (MAH MCA CET). The Admission process of the MMS programme also goes along similar lines, with admissions based on MAH-CET-MMS conducted by DTE Maharashtra. This Institute adopts policies on reservations as specified by the Government of Maharashtra to ensure varied representation in the student body. The Management quota and vacant institutional seats are filled accordingly, based on the guidelines issued by DTE Maharashtra, which opens multiple opportunities for meritorious candidates gaining admission.
Parameter | Description |
---|---|
Established | 2008 |
Exam | MAH MCA CET |
Courses | 2 Degrees and 2 Courses |
Institute Type | Affiliated College |
Student Count | 4 |
Faculty Count | 12 |
Campus Size | 3 acres |
Hi Himanshu,
In India or for any other country around the world, the average package for MBA job depends upon,
If you are in the top grade of colleges such as IIMs, then your starting salary will be easily around, INR 20 Lakhs per annum. If you are pursuing MBA from other reputed private colleges, then your salary package can be around, INR 10-15 Lakhs per annum. If you pursue MBA from any low to below average graded MBA college, then your initial salary can be around INR 5 to 6 Lakhs per annum. These are decided by the reputation of colleges. Good companies often chose reputed colleges as they can hire the cream of the talent from such institutions. Apart from this, one’s own talent has to come into play during the hiring rounds and must compete for the best package that is available to them.
Let me walk you through the lowest packages that were offered in top B-Schools,
Institute |
Year |
Lowest salary package (maximum earning potential) |
SPJIMR, Mumbai |
2015 |
Rs 10 lakh per annum |
TAPMI, Manipal |
2013 |
Rs 6 lakh per annum |
KIAMS, Pune |
2015 |
Rs 2.6 lakh per annum |
Xavier Institute of Management, Bhubaneswar |
2013 |
Rs 2.4 lakh per annum |
SCMHRD, Pune |
2013 |
Rs 6.11 lakh per annum |
The below table provides a highlight of different placement scenarios in different B-Schools other than IIMs,
Institute |
Highest Salary |
Average salary |
Top Recruiters |
Total number of recruiters |
Total number of Placements offered |
IIFT, Delhi |
Rs 29 lakh P.A. |
Rs 18.27 lakh P.A. |
Olam, TGI, AluZinc, ADM and Phoenix Commodities CP Group British Telecom, DBS |
94 |
93 |
SPJIMR, Mumbai |
NA |
Rs 22.24 lakh P.A. |
Consulting |
263 |
81 |
JBIMS, Mumbai |
Rs 30 lakh P.A. |
Rs 18.91 lakh P.A. |
BFSI (43%) |
69 |
63 |
FMS, Delhi |
Rs 54 lakh P.A. |
Rs 26 lakh P.A. |
Sales & Marketing |
133 |
64 |
IRMA, Anand |
Rs 46.50 lakh P.A. |
Rs 12.17 lakh P.A. |
Gujarat Co-operative Milk Marketing Federation |
114 |
NA |
MDI, Gurugram |
Rs 55 lakh P.A. |
Rs 19.79 lakh P.A. |
BFSI (25%) |
119 |
NA |
IMI, Delhi |
Rs 20.75 lakh P.A. |
Rs 12. 23 lakh P.A. |
BFSI (34%) |
80 |
NA |
IMI, Kolkata |
Rs 20 lakh P.A. |
Rs 6.54 lakh P.A. |
NA |
46 |
15 |
Also, the salaries are greatly impacted by the type of job that the recruiters offer to the MBA students. Some of the jobs and their average package in the industry are listed below,
Job Title |
Salary Range (Per Annum) |
Operations Manager |
INR 7-12 Lakhs |
Quality Control Manager |
INR 5-9 Lakhs |
Accounts Manager |
INR 5-12 Lakhs |
Sales Manager |
INR 4-18 Lakhs |
Marketing Manager |
INR 4-18 Lakhs |
Human Resource Manager |
INR 5-12 Lakhs |
Project Manager |
INR 5-18 Lakhs |
IT Manager |
INR 5-12 Lakhs |
Procurement/Purchase/Vendor |
INR 4-8 Lakhs |
Business Development Manager |
INR 4-8 Lakhs |
Pharma Product manager |
INR 4-10 Lakhs |
Business Analyst |
INR 5-9 Lakhs |
The table below provides a snapshot of average packages offered by companies in different colleges in 2019 and 2018. I have also kept IIMs just to compare them with others.
MBA College |
Placement 2019 |
Placement 2018 |
IIM Ahmedabad |
TBD |
24.45 |
IIM Bangalore |
24.54 |
22.76 |
IIM Calcutta |
25.36 |
24.2 |
IIM Indore |
20.79 |
18.17 |
IIM Kozhikode |
20 |
17.8 |
FMS Delhi |
23.1 |
21.1 |
IIFT |
20.07 |
19.23 |
XLRI, Jamshedpur |
22.35 |
20.1 |
SPJIMR, Mumbai |
22.9 |
22.24 |
MDI Gurgaon |
20.13 |
19.17 |
JBIMS Mumbai |
20.13 |
18.91 |
IMI New Delhi |
13.01 |
12.23 |
IMT Ghaziabad |
12.5 |
11.6 |
IIM Tiruchirappalli |
14.91 |
14.28 |
IIM Rohtak |
11.85 |
11.7 |
IIM Kashipur |
12.24 |
12.19 |
IIM Udaipur |
13.2 |
13.16 |
IIM Ranchi |
15.02 |
15.09 |
IIM Raipur |
14.53 |
12.45 |
SIBM Pune |
17.48 |
16.23 |
NMIMS Mumbai |
TBD |
17.6 |
TAPMI Manipal |
11.06 |
11 |
XIM Bhubaneswar |
14.31 |
12.91 |
IIM Shillong |
16.79 |
15.5 |
IIM Sambalpur |
TBD |
10.55 |
IIM Bodhgaya |
10.9 |
10.6 |
IIM Amritsar |
12.2 |
11.02 |
IIM Nagpur |
12.35 |
12.1 |
IIM Visakhapatnam |
12.61 |
12.07 |
FORE New Delhi |
10.8 |
10.4 |
GIM Goa |
TBD |
10.61 |
IRMA Anand |
14.24 |
11.39 |
MICA Ahmedabad |
TBD |
12.3 |
*TBD: To be Declared, and salary is average salary in INR Lakhs
All the very best!!
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