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.
ICFAI is one of the best institutes for a distance MBA which imparts knowledge and management learnings to the students. The following are the highlights of the distance MBA program.
They have a properly well-maintained infrastructure including academic blocks, laboratories, workshops, faculty rooms, and computer labs along with the latest computing faculty, auditorium, seminar halls, canteen, library, and much more. The whole campus is wifi enabled.
IBS Hyderabad and BIMM Pune are both well-respected institutions in India that offer different strengths and focus. IBS Hyderabad is affiliated with the University of Hyderabad and offers a range of undergraduate, postgraduate, and doctoral programs in management. It has a strong faculty and excellent infrastructure. BIMM Pune, on the other hand, is part of Bharati Vidyapeeth Deemed University (BVDU) and is known for its focus on management education. It provides students with a solid foundation in business management and practical skills.
When considering which college is better for you, it is important to consider factors such as location, cost, program offerings, available resources, and the reputation of the college. Based on your academic and career goals, as well as personal preferences, you will be able to make an informed decision on which college is best for you.
If you have an engineering background and want to pursue your career in Operations and Supply Chain Management, then you should opt for SIOM Nashik.
For Operations and Supply Chain Management, IBS Hyderabad is not up to the mark. Besides, the institute also does not have Operations as a major specialization in the final year of the course. You will need to opt for Operations as a minor specialization in the final year.
Here is a brief outline of the institutes.
Institutes |
SIOM, Nashik |
IBS, Hyderabad |
Average CTC |
INR 11.5 LPA |
INR 7.92 LPA |
Highest CTC |
INR 17.1 LPA |
INR 13 LPA |
Course fees |
12.2 lakhs |
14.10 lakhs |
Top Recruiting Companies |
Aditya Birla Fashion and Retail Limited, Ask4 Trucks |
Aditya Birla Group, HDFC Bank, ICICI Bank, JP Morgan |
Most essentially, IBS Hyderabad is considered adequate for candidates who rather want to pursue their career in BFSI, considering both Finance and Marketing specializations.
Some people would say that competition is harmful to students as it pressurizes them but, to be honest, we cannot deny the fact that competition always increases the quality whether it is between students or big companies.
Having friends in both the institutes, I can say that ICFAI Business school (IBS Hyderabad) is much better than PSG Institute of Management.
In NIRF Ranking, ICFAI Business school (IBS Hyderabad) has been ranked #25 in India among top management institutes in 2021.
NMIMS Bangalore is better than IBS Hyderabad. Despite being a relatively new branch, it has obtained AMBA certification, a rare feat for any B-School. NMIMS follows an excellent course curriculum. Non-classroom learning is an important aspect of the course. You will get to have real-time hands-on experience.
NMIMS Bangalore placement 2022 had witnessed an average CTC of INR 11.80 LPA. While the highest CTC offered was INR 19.58 LPA. Major recruiters such as EY, Dell, Oracle, Accenture, etc. take part in the placement drive.
Among these three institutes, choosing NMIMS Hyderabad will be better. Despite being established recently, it became well-recognized in the industry.
The best option among these is ISB Hyderabad. It is compared to B-Schools like IIM A, B, C. It will be an ideal fit for you if you have prior work experience of around 5 years. ISB Hyderabad placements are excellent with high salary packages. The average CTC offered to the 2022 batch was INR 34 LPA.
IBS Hyderabad can be a great option if you don’t have any work experience. According to the recent placement highlights, the average CTC received by the students of IBS is around INR 7.97 LPA.
Symbiosis isn’t in the same league as these B-Schools. If you are interested in a career in HR, you can consider Symbiosis.
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.
Many coaching institutes publish many different rankings of B schools across the country every year based on several different parameters. Which in most situations aren’t reliable and trustworthy. But the Times ranking or Career Launcher ranking is more realistic and based on practical parameters. According to these rankings, the preference order of the institutes is as follows.
The table below gives a brief overview of the institutes in the question.
Institution |
Average CTC |
Course Fee |
SIMS Pune |
9.2 LPA |
9.20 lakhs |
IMT N |
7.94 LPA |
12.1 lakhs |
IMI K |
10.25 LPA |
12.41 lakhs |
BIMTECH |
8.13 LPA |
12 lakhs |
Amity Noida |
4.5 LPA |
6.80 lakhs |
IBS H |
7.97 LPA |
14.04 lakhs |
This list and ranking are unbiased based solely on reasons that are practical, realistic, and are only facts combined with different student reviews.