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Should I go to IBS Hyderabad (ICFAI) for an MBA? Why or why not?
IBS Hyderabad isn’t a good option for MBA. The placement record of the institute isn’t good. You won’t get a good ROI. The course fee for an MBA at IBS Hyderabad is INR 16.02 lakhs. While the average CTC offered to the students according to IBS Hyderabad placement highlights for 2022 is INR 7.97 LPA.
The student intake is huge. Batch strength for MBA is 1300. So, students don’t get equal opportunities in terms of academics and placements.
What is your review of ICFAI Business School, Hyderabad?
IBS Hyderabad is a decent B-School. It has a brand image and is well recognized in the industry. The institute offers good internships and placement opportunities. IBS Hyderabad placements 2022 concluded with an average CTC of INR 8 LPA. While the highest international CTC received by the students this year was INR 53 LPA.
IBS has a good faculty base. Most of the faculties have good corporate experience. The teaching methodology is case-study-based.
One drawback of IBS Hyderabad is the huge batch size. It’s difficult for students to get good placement opportunities.
Which institute is better, ISB or IBS in Hyderabad?
It’s highly illogical to compare a well-recognized brand like ISB with a no-name institute like IBS. It seems you are a bit confused between the 2 schools because comparing them is a literal joke.
ISB is ranked 1st in India and 4th in Asia and 32nd in the World at Best B Schools. It’s a B School that competes with top B schools like IIM ABC and here you are comparing it with a C grade B school in the country.
Almost anyone can get into IBS owing to the low qualifying scores needed and high number of seats available. Whereas getting into ISB is difficult even with a GMAT score as high as 99 percentile. ISB has the best corporate relations team in India and they work hard to get the roles that you want in the corporate sector.
The two colleges may share the same alphabet in their acronyms but there are nowhere similar when it comes to the brand name and worth.
How is ICFAI Hyderabad IBS?
The reputation of ICFAI has declined over the years. Previously, it was known for its MBA program, but its reputation was tarnished by affiliation issues for its B.Tech course. Some B.Tech campuses in Hyderabad, Bangalore, Jaipur, etc. had to be shut down due to a student strike that lasted for nearly a semester, and the non-affiliated B.Tech program run in these campuses. This negative publicity also negatively impacted its MBA program.
It is unclear to what extent the college has recovered since then. It is recommended that you consider colleges with a better track record. With a 98 percentile score, you may also be able to score well in other exams. Additionally, the fees charged by ICFAI, along with the investment of two years in the degree, make it a significant investment. So, it is advised that you consider other options.
What is the fees structure of IBS Hyderabad for an MBA?
The MBA program fees at IBS Hyderabad is INR 16.02 LPA for 2 years. In addition, students will have to pay a refundable caution deposit of INR 10,000 along with the first installment fees.
The hostel and the mess charges are as follows:
| Men/ Women | Block | Details | Accommodation Charges per semester | Mess Deposit per semester | |
|---|---|---|---|---|---|
| Rooms | Bathrooms | ||||
| Men | A, B, C, D, E and F | Single | Common | 50,000/- | 24,000/- |
| H | Single | Attached | 60,000/- | ||
| Women | Q, R, S | Single | Common | 50,000/- | |
| G | Single | Attached | 60,000/- | ||
| E type Qtrs | Single | Common | 50,000/- | ||
Also, the students will have to pay a convocation fee of INR 4,000 in the 5th semester.
What is the average placement salary in IBS Hyderabad?
During the 2023 placements, the overall average package of the MBA batch 2021-23 was INR 10.42 LPA. The average package increased by 19.63% from INR 8.71 LPA in 2022.
The average package of the last 2 years is as follows:
| Academic Year | 2021-23 | 2020-22 |
|---|---|---|
| Overall Average CTC | INR 10.42 LPA | INR 8.71 LPA |
| Average CTC of Top 10% | INR 17.66 LPA | INR 14.31 LPA |
| Average CTC of Top 25% | INR 13.97 LPA | INR 11.7 LPA |
IBS Hyderabad or IMT Hyderabad, which is better?
IBS Hyderabad will be better than IMT Hyderabad. It teaches Harvard cases in the 3rd and 4th semesters. The course work includes more than 1000 case studies. Many of the professors in this institute are internationally acclaimed.
IBS Hyderabad placement records have been pretty good over the recent years. During 2022 placement drive, the average CTC offered was INR 8.55 LPA. While the highest CTC offered was INR 53.45 LPA (International).
However, IBS Hyderabad has a huge batch size. Due to the large batch size, all the students don’t get groomed and placed well.
Which would be a better choice, Sibm Hyderabad, Nmims Hyderabad or IBS Hyderabad?
Among these three institutes, choosing NMIMS Hyderabad will be better. Despite being established recently, it became well-recognized in the industry.
- The faculty base is one of the best in the country. It organizes a lot of guest lectures. Speakers from different industries provide insight into the latest happening in the industry.
- The campus has many active clubs and committees.
- In 2021 placement drive, they clocked an average of 9.59 LPA.
- Few of the major recruiters that took part in the placement drive are Lido, Tech Mahindra, Capgemini, Deloitte, etc.
How is IBS Hyderabad for an MBA?
When considering joining a B-School, it's important to look at various factors to determine if it's the right fit for you. Here's a breakdown of what you can expect from IBS Hyderabad:
- Crowd: With a batch of a thousand people, there is a diverse group of individuals to interact with and learn from. It's recommended to seek out those who can aid in your growth and development.
- Infrastructure: The college buildings and facilities are of good quality and the lecture theatres offer a realistic experience of what an MBA class is like.
- Academics and Faculties: There is a range of faculties with extensive experience and influence. Some may impress you with their teaching abilities, while others may not align with your preferences.
- Clubs: The college has over 25 clubs in various fields like marketing, finance, entrepreneurship, sports, entertainment, and more. Participating in clubs can be a great way to engage and learn about teamwork, leadership, deadlines, and event planning.
- Mess food: The food quality can be inconsistent, but there is a variety of dishes available, including North Indian and South Indian cuisines. There are also 6-7 dhabas located 400 meters from the campus.
- Campus Environment: The campus atmosphere is lively most of the year and there are frequent events held. Additionally, the greenery on campus is impressive and receives a 10/10 rating.
How bad is the management at IBS Hyderabad?
IBS has a dedicated marketing team that works hard to get admissions for its 9 campuses. College curriculum, placement, approvals, and quality of faculties may not play a big role in getting admissions.
The IBSAT examination is not a rigorous test, and it is possible to qualify by just applying for it. The IBSAT application period starts in June and may never end, with the exception of the IBS Hyderabad campus, which closes in the first week of February.
The selection process at IBS Hyderabad is more about determining if you have the financial means to pay for the fees, rather than your qualifications. Fluency in English and a wealthy father may increase your chances of getting into the IBS Hyderabad campus.
Most of the students placed through campus placements will end up leaving their jobs within 6 months, and a large percentage of the jobs obtained through campus placements are not unique to MBA graduates.
Even if you score less than the 60 percentile on a test like CAT, it is still possible to get into IBS Hyderabad by writing the IBSAT exam. It is recommended to take exams such as CAT, CET, NMAT, CMAT, SNAP, or TISS if you are serious about pursuing an MBA. CAT is often referred to as the "mother of MBA entrance exams in India," and a score less than 60 percentile may indicate that an MBA may not be the best fit for you.
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