ICFAI BUSINESS SCHOOL, MUMBAI REVIEW

3.9
Verified Review 
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Placement
3.5
Course
4.0
Campus
4.5
College
3.5
Interview
4.0
Internship
4.0
Rohan ranajn
Reviewed on Jul 4, 2021(Enrolled 2020)

Remarks

I had applied for O.P Jindal, Haryana, and ICFAI Business School but did not go to O.P Jindal as its fee was high and the placement records were the same as of ICFAI Business School and also one of my friends (alumni) recommended it. Minimum age of 17 years and there is no upper age limit to apply for the admission process and also students in their final year of graduation can apply for the admission process. It accepts NMAT\GMAT\CAT scores and a minimum of 60 percentile should be there in CAT and one can also take their IBSAT exam. After that, every candidate has to appear for GD and a personal interview which is held in IBS Hyderabad. Prior to their GD and personal interview they also provide training for the same in their regional offices.GD is held in a group of 8-10 people which is judged by a panel of 2 members, GD is followed by a P.I. On combing the scores of entrance exam, GD, and P.I they make a final list and on basis of rank, they allot their different college branches.

Course Curriculum Overview

4

The course remains the same in the first year (2 semesters) and after that one can choose their specialization based on their interest, guidance from faculty, seniors, and 3 month summer internship program also play an important role in it, which is compulsory for everyone held at the end of 2nd semester. The faculty to student ratio is 1:10 and the class size is 70 max. Most of the faculty has done their Ph.D. and have 4-5 years of experience in teaching as well as in the corporate world. Teachers were highly professional and always ready to assist the students. Through the semester a continuous evaluation takes place which includes 4 CECS (viva, presentation, class activity, etc) followed by Mid-semester and End semester exams in a span of 4 months. The exam level lies from moderate to difficult and the questions are mostly application-based.

Internships Opportunities

4

The internship program is compulsory for each student. Most of the students got their internship from the college of which 60% are paid internships. The companies range from the FMCG sector like Amul, insurance sector (HDFC life, Aditya Birla, IIFl securities), Real estate (Lodh, Sahpporji, Hiranandani), and various other sectors. Every student has to make a SIP report on a topic generally related to the work they did in the SIP which is evaluated by both facilities as well as the company guide.

Placement Experience

3.5

In our 3rd semester, only the placements get start generally from mid-august and it ends by February, and most of the students were placed by December. Our placement cell ensures that everyone gets placed. The average CTC remains 6-7 LPA. The lowest CTC is around 4-5 LPA and the highest package provided by the company is 50 LPA in the finance domain. Marketing students also manage to get a package of 8-9 LPA. The minimum mark required to sit for placements is 5.5 CGPA from college and it also depends upon the company and their requirement. Generally, 90-94 % of the students got place every year.

Fees and Financial Aid

A total of INR 810000 has to be paid in a span of two years. An admission fee of 81000 in May followed by five equal installments of 144000 after every 3 months starting from June has to be paid. Students are awarded scholarships based on their performance in the semester. A paid job in the library and a digital ambassador for college are also provided to limited students.

Campus Life

4.5

The campus life of the IBS is very happening, plenty of events and seminars by an industry expert are organized by the clubs. In total IBS has 12 clubs ranging from domain club-like M360, Markophilia (marketing), Kautilya (Finance) Synergy (HR), Salesklub ( Sales, retail and CRM), Tarkash (sports), Rotract, Corporate connect, Blladist club( poets), Parivartan, Kritiv(Art and craft), etc. These clubs are also present on social media platforms like Instagram, Linkedin, Facebook and some of the clubs also have their own website. Konflux is the annual fest of IBS which is held in the month of January every year, in which students from different colleges participate in various events like quizzes, sports, art and craft, music, etc. Every year in the month of August IBS organizes a marathon 'RUN' for the students. The library is available for every student in which they have access to various books, newspapers, business magazines, etc.IBS doesn't have its own hostel facility.

Interview Experience

4

A student with a minimum of 60 percentile in CAT is eligible for GD and PI rounds and they can also appear for the IBSAT exam which is easy to clear as they ask basic aptitude questions. Prior to GD and PI rounds they also provided training for the same in their regional offices which is really helpful.GD takes place in a group of 8-10 students under a panel of two members and the topics are usually related to current affairs, economic, and business news, some of the abstract topics are also included. GD is followed by PI which also includes a panel of 2 members and they generally ask basic questions, one's interest, why they have selected this course, and how it will help them to achieve their goals.

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