K J Somaiya Institute of Management MBA Admissions 2025
Highest CTC: INR 28.25 LPA | Average for Top 100 offers: INR 17.34 LPA | Ranked #63 in India under Management category by NIRF | 148 Recruiters
ICFAI Business School (IBS), Mumbai is a private management institute. The institute is an independent professional institution, which is neither affiliated to nor an off-campus centre of any university. It is spread over an area of 80,000 sq.ft. with 15 class rooms on two floors. IBS Mumbai provides admission to postgraduate (PG) programmes. The institute has excellent faculty members, with state-of-the-art facilities to make the transition of IBS students to managers smooth.
Careers360 brings you an exclusive interview with Megha Shrivastav, student at IBS Mumbai. She is in her final year of PGPM at IBS Mumbai. In this interview Megha has shared her experience and life at the institute. What is life like inside IBS Mumbai? How did she choose this career path? And other things about the institute. To know more about the experience of a student at IBS Mumbai read the full interview of Megha Shrivastav with Careers360.
Careers360. Tell us something about yourself such as from which place are you from?
Megha Shrivastav. I am Megha Shrivastav. I was born in Delhi and raised in Vadodara, Gujarat. I graduated from Navrachana University, Vadodara with a bachelor's degree in Business Administration. I am currently pursuing my postgraduate from IBS, Mumbai, and also interning at Wayona Corporation, a promotional giving products company. I am a fast learner, a workaholic, and a goal-oriented individual. In the future, I hope to have an effective management profile.
Highest CTC: INR 28.25 LPA | Average for Top 100 offers: INR 17.34 LPA | Ranked #63 in India under Management category by NIRF | 148 Recruiters
Round 02 Applications Deadline - 21st January 2025 | Average CTC 15.10 LPA
Careers360. Presently which course are you pursuing and in which year are you?
Megha Shrivastav. Currently, I am pursuing my Second Year of PGPM at IBS Mumbai.
Quick Link: IBS Mumbai Courses and Fees
Careers360. Did you face any difficulty in the initial months when you joined the institute?
Megha Shrivastav. No, I did not face any difficulties during the initial month. We were provided with a one-month induction program which helped me to understand the basics of concepts and procedure of learning/working at IBS Mumbai. It made the whole process very smooth for me.
Careers360. What activities are offered in the institute? Are there any clubs etc for the various extracurricular activities? Which ones have you taken up and are a part of?
Megha Shrivastav. IBS Mumbai has 22 Clubs and 1 Committee. These clubs are further categorized. All these clubs provide a great platform to all the students to develop and explore their extracurricular skills and prepare them to enter the corporate world with a broader managerial perspective. Many events are organized by these clubs. There are majorly two big fests organized at IBS Mumbai- Aagman and Konflux
In my first year, I was the Class representative, member of D-Fusion (Dance Club), and member of Marketing 360 (Marketing club). Currently, I am the SDCC Executive Coordinator of Student Development and Club Coordination Council, Co-Head of D-Fusion, and Executive member of Marketing 360 at IBS Mumbai.
Also Read: IBS Mumbai Admissions
Careers360. Describe a typical day at your institute – what do you do from the time you wake up till you go to sleep?
Megha Shrivastav. In my first year, I had four interactive sessions a day starting from 9:45 AM to 4:45 PM. I used to get 30 minutes to break after every lecture and a long break. The schedule was tight and time management played a vital role. I was involved in clubs, so I had to juggle my grades with club activities.
At night, we normally held meetings to finish the assignments/ presentations that were given to us. To be honest, it's been a long and winding schedule, but at the end of the day, I've learned and evolved.
Currently, I am pursuing my Summer Internship. I have a 10 AM to 8 PM marketing internship and again club activities.
Careers360. Tell us about the faculty-student ratio here and about the teacher-student relationship in your understanding.
Megha Shrivastav. The faculty-student ratio is 1:20 at IBS. Teachers at IBS Mumbai are supportive and generous. The faculty members are all highly qualified and have great knowledge of their teaching domain. They make the learning so easy that maximum students remember all the concepts by heart without actually needing to learn as they provide practical implementation of the concepts. They teach both the theoretical and practical aspects of the corporate world. We are encouraged to come up with new initiatives. They pay close attention to each student individually. We have a great teacher-student relationship that is both productive and friendly.
Important Link: IBS Mumbai Facilities
Careers360. What all facilities do you have on campus? What do you like here the most which you feel is unique and differentiating?
Megha Shrivastav. The IBS Mumbai facilities and infrastructure provided are fantastic. The college library has a collection of books on management and other subjects, with a large reading room. The campus has a free WiFi facility and centralized AC. IBS has computer labs, spacious smart classrooms, and meeting halls as well. There is a huge auditorium for all the events happening at the college.
Careers360. How comfortable are your hostels and how about the cleanliness factor over there?
Megha Shrivastav. IBS Mumbai does not provide hostel facilities but there are many private hostels and PGs which are very close to the college, and the PG’s are comfortable and are located in a good area.
Careers360. What about the medical facilities? Can you avail requisite medical attention if needed in an emergency?
Megha Shrivastav. IBS Mumbai is well-equipped to provide medical assistance in an emergency. Because there is a Hiranandani hospital near our campus, students are either sent there or to Powai hospital in the event of an emergency. The campus has a tie-up with these hospitals for any emergencies.
Careers360. How do you balance your studies, projects, exams, and other activities?
Megha Shrivastav. Time management plays a very significant role when pursuing PGPM from IBS Mumbai. I have created a schedule and distributed certain time for all the work I am supposed to complete. I set a deadline for all my work and try to follow it. Planning and prioritizing is very important.
Careers360. Tell us about the clubs and societies at the campus and how significant are they from your point of view or students’ point of view?
Megha Shrivastav. The institute has 22 Clubs and 1 Committee. These clubs are further categorized into - Domain Clubs, Performing Clubs, and Club 6. These clubs play a major role in the development of managerial skills and building confidence. They help us to strategize, brainstorm and execute various plans. They aid us in standing out from the others. Participating in student clubs helps in the development of soft skills. It teaches us about body language, attitude, and job ethics, among other things. All of these abilities will undoubtedly actually be useful in the future. These soft skills are personal attributes that guide our interaction and relationship with our fellow mates and help us create a great network.
Quick Link: IBS Mumbai Q&A
Careers360. Is there any in-house magazine or journal for the latest events or happenings at the institute?
Megha Shrivastav. Yes, IBS Mumbai has its college publication, Manthan. Other than that many clubs publish their club magazine. We also have a research cell in college to publish research papers.
Careers360. What are the popular hangouts at the institute? What, according to you, are the most-visited places nearby?
Megha Shrivastav. The most popular hangout place at the institute is the 6th-floor canteen.
There are many places to visit nearby IBS. The most popular ones are Powai Socials, Haiko, K3, Poppets, Notyard, Hiranandani garden, and Rudes.
Read More: IBS Mumbai Reviews
Careers360. How do you spend your leisure time at the campus?
Megha Shrivastav. I spend most of my leisure time in the canteen or at a tea stall in the basement chilling with friends.
Careers360. Do you have any Facebook page on your campus where the students express their views, jokes, or ideas, or maybe even a blog where they write about their experience of life on campus?
Megha Shrivastav. No, the campus does not have a Facebook page; rather, each club has its own active social media accounts on Instagram, Facebook, Twitter, and other platforms to share information about various topics.
Careers360. What type of companies come for campus recruitment and what percentage of students get placed every year? How is the recruitment process here?
Megha Shrivastav. The number of students placed through the IBS Mumbai placement drive is around 99%. The big companies that come to the institute for recruitment are Deloitte, JPMC, EY, Aditya Birla, Turtlemint, Nestle, Accenture, etc. IBS offers 100% internship guarantee and the recruitment process here varies from company to company.
Know About Other Popular Institutes and Universities:
Hello Aspirant,
98% of candidates were placed by the end of IBS Mumbai Placements 2023. The highest domestic package at IBS Mumbai was INR 18.80 LPA, while the top overseas package was INR 11.13 LPA. The average package at IBS Hyderabad grew by around 14.4% to INR 8.17 LPA. The average compensation for the top 10% of students was INR 13.3 LPA, while the average package for the top 25% of students was INR 11.01 LPA. HDFC Bank, Mygate, ICICI Bank, TCS, and many more are among the companies that IBS Mumbai has previously hired.
ALL THE BEST
Hey Aspirant,
Hope you are doing great....!!!
If you want to know about the Amity University Mumbai, DY Patil or IBS Mumbai which one is better. If you are looking for a good location, Amity Mumbai is always a better option.
Amity has a culture of exposing students to different lifestyles and teaching them skills that are required in the corporate world. Such as public speaking and presentation abilities.
Most of the people were placed during their course through Amity college placements. The remainder were placed outside. Most of Amity pass outs are doing extremely well in current jobs. IBS Mumbai is a good university. In terms of placement, as far as I am aware, the students were placed in a variety of companies. The institute's placement in the financial sector is quite good. Overall, all the three are good universities, it depends upon you what you want to choose.
I hope this will help you.
Best of Luck:)
Hi,
In my opinion you should go for ITM Mumbai. ITM is better than IBS . ITM has good faculty, Better Campus and even Cost is little high then IBS . But you have to pay for quality isn't.
IBS Mumbai provides a two-year PGDM programme for Rs. 7.36 lakhs. According to the previous year's placement report, 100% of the overall batch was placed, and additional data are as follows:
IBSAT cutoff: 62 and up
Some of the companies and recruiters who came to campus
ICICI, iGate, Jaro Education, JP Morgan Chase, Just Dial, Kotak Mahindra Bank, Mahindra Finance, SYNTEL, TCS, Vodafone, India Real Estate Property Site, American Express, Arvind Brands, Croma, Deloitte Consulting, Grofers, HDFC Bank, Hinduja Global Services, ICICI, iGae, Jaro Education, JP Morgan Chase, Just Dial, Kotak Mahindra Bank
The ITM Navi Mumbai provides a two-year PGDM programme for a total price of Rs. 9.3 lakhs.
According to placement statistics from previous year, the average pay offered by ITM Navi Mumbai was Rs. 7 lakhs per annum, with a maximum salary of Rs. 15 lakhs per annum.
Among the companies and recruiters who visited the campus were:
Bose, Hindustan Unilever, JP Morgan Chase, LG Electronics, and TNS World are among the companies represented.
For more information, visit -
https://www.careers360.com/colleges/ibs-business-school-mumbai
https://www.careers360.com/colleges/itm-business-school-navi-mumbai
Hope this helps.
All the best.
hi Aspirants ,
As per your query ,
On the other hand ,
Hope you understand , in case of any query you can revert here and also make a new query for the same.
Thank you and all the best.
It will be a great option to study master of Business Administration from IBS Mumbai. I have mentioned below the key features of IBS Mumbai which prove that IBS Mumbai is a better option for study:
Read more:
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Admissions Open | Globally Recognized by AACSB (US) & AMBA (UK) | 17.3 LPA Avg. CTC for PGPM 2024 | Application Deadline: 1st Dec 2024
67 Years of Established Legacy | Ranked #79 in India by NIRF | Among the only few top 100 B-Schools currently accepting applications
Recruiters: Godrej, HCL, Genpact, IBM etc
180+ Companies | Highest CTC 15 LPA | Average CTC 8 LPA | Ranked as Platinum Institute by AICTE for 6 years in a row | Awarded Best Business School of the Year
A++ Grade by NAAC | Recognized as Category-1 University by UGC | 100% Placement, 60 LPA Highest CTC, 400+ Recruiters
9 IBS Campuses | Scholarships Worth Rs 10 CR