Indore, Madhya Pradesh
IPS Academy IBMR: Admission, Fees and Placements
IPS Academy IBMR admits students to its MBA-Core through CMAT. Its MBA-Core fee is ₹2,76,000 for the whole programme. The reported median salary for the 2024 graduating class was ₹4,05,000 a year. Every figure below links to the institute’s own document.
By ProCounsel Editorial TeamReviewed by ProCounsel counselling teamLast updated 12 Nov 2026
Official sources only · last verified 12 Nov 2026
What should you know about IPS Academy IBMR at a glance?
| Full name | Institute of Business Management and Research, IPS Academy, Indore |
| Location | Indore, Madhya PradeshMore MBA colleges in Indore |
| Type | Private |
| Exams accepted | CMAT |
How does IPS Academy IBMR select students?
Stage 1: DTE Madhya Pradesh online counselling on CMAT merit
Per IBMR's MBA (Core) page, admission is on CMAT score. DTE MP Admission Rules 2026-27: graduation with min. 50% (45% for MP SC/ST/OBC non-creamy layer); merit on the NTA CMAT common merit list; if seats remain vacant after round one, a further round may use the entrance-test rank and/or qualifying-exam marks.
Stage 2: College Level Counselling (CLC)
Per IBMR's MBA (Core) page, CLC admissions are made on graduation percentage.
Source: IPS Academy IBMR - MBA (Core) programme page· last verified 12 Nov 2026
What does IPS Academy IBMR cost, and what do graduates earn?
Master of Business Administration (MBA Core)
| Duration | 2 years |
| Total programme fee | ₹2,76,000Fee for the 2026-28 batch. Derived: AFRC Madhya Pradesh lists a semester-wise fee of Rs 69,000 for 'IPS Academy, Institute of Business Management And Research, Indore MP' (M.B.A.) for both 2026-2027 and 2027-2028; 4 semesters x Rs 69,000 = Rs 2,76,000 (regulated fee; hostel/other charges not included). AFRC also lists two other IBMR entries (Knowledge Village and 'International Business') with fee shown as 0, and the separate Sanwer campus at Rs 29,000 per semester.Source: AFRC Madhya Pradesh - Institute & Fees Information (Technical Education > M.B.A. > 2026-2027 and 2027-2028 > Indore division/district)· last verified 12 Nov 2026 |
| Intake | 540 seatsNIRF 2025 data submitted by IBMR: sanctioned intake 540 for all PG 2-year programmes combined (2023-24). Programme-wise seats not published.Source: IPS Academy IBMR - Submitted Institute Data for NIRF 2025 (Management)· last verified 12 Nov 2026 |
| Median salary (2024) | ₹4,05,000 per year2022-24 batch (graduating 2023-24), NIRF 2025 data. Median salary of placed PG-2-year graduates as submitted by IBMR for NIRF 2025: Rs 4,05,000 for 2023-24 (538 graduated, 406 placed); Rs 4,80,000 for 2022-23; Rs 5,25,000 for 2021-22. No NIRF 2026 file found on the institute site; no official average published.Source: IPS Academy IBMR - Submitted Institute Data for NIRF 2025 (Management)· last verified 12 Nov 2026 |
Compare fees and salaries across colleges on the MBA fees and MBA placements pages.
Frequently asked questions
Which entrance exams does IPS Academy IBMR accept?
IPS Academy IBMR's official admission documents list CMAT for its MBA-Core admissions. Check the current year's admission policy before applying, as accepted exams can change.
What is the fee for the MBA-Core at IPS Academy IBMR?
IPS Academy IBMR states a total programme fee of ₹2,76,000 (₹2.76 lakh). Fee for the 2026-28 batch. Derived: AFRC Madhya Pradesh lists a semester-wise fee of Rs 69,000 for 'IPS Academy, Institute of Business Management And Research, Indore MP' (M.B.A.) for both 2026-2027 and 2027-2028; 4 semesters x Rs 69,000 = Rs 2,76,000 (regulated fee; hostel/other charges not included). AFRC also lists two other IBMR entries (Knowledge Village and 'International Business') with fee shown as 0, and the separate Sanwer campus at Rs 29,000 per semester.
What is the median salary at IPS Academy IBMR?
₹4,05,000 per year for the 2024 graduating class, from the institute's official report. Past placements do not guarantee future outcomes.
Sources
Official documents used on this page, all checked on 12 Nov 2026. ProCounsel is not affiliated with IPS Academy IBMR.
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