Overview

• Official Name: Asian Institute of Communication and Research (AICAR) Business School
• Common Short Names: AICAR Business School, AICAR Mumbai
• Type: Private Business School
• Year Established: 2001
• Campus Location: Mumbai, Maharashtra, India
• Approvals & Affiliations:
  • AICTE Approved (All India Council for Technical Education) — AICTE Official
  • Affiliated to the University of Mumbai — University of Mumbai
  • Recognized under UGC Act 1956 as a college affiliated to Mumbai University — UGC
  • NAAC Accreditation: Not available on official sources as of 2024-06-01
• Official Website: www.aicarmumbai.org

Quick Facts

• Founder/Director: Dr. B. S. Pande (Founder Chairman)
• Approximate Student Population: 500+ students
• Departments/Faculties: Management Studies
• Contact: Phone: +91-22-28978420, Email: info@aicarmumbai.org
• Address: Asian Institute of Communication and Research, Linking Road, Santacruz West, Mumbai, Maharashtra – 400054
• Notable Rankings: Not listed in recent NIRF/MHRD rankings as of 2024

Courses & Programs

• Faculty of Management Studies:
  • Programs Offered:
    • MBA (Master of Business Administration) - 2 years, Regular mode
    • PGDM (Post Graduate Diploma in Management) - 2 years, Regular mode
    • Executive MBA - Part-time, duration varies
  • Intake: Approximately 60 – 120 seats per batch depending on the program

Admissions

• Admission Modes: Merit-based on qualifying exams and entrance tests, Management quota available
• Accepted Entrance Exams:
  • Mumbai University Common Entrance Test (Mumbai CET)
  • MAT (Management Aptitude Test)
  • CAT (Common Admission Test)
  • CMAT (Common Management Admission Test)
  • Other state and national level MBA entrance exams
• Typical Admission Timeline: Applications open from March to August annually; sessions usually start in August/September (Admissions Page)
• Application Process:
  1. Visit the official website's admission portal: Apply Online
  2. Fill out the online application form with academic and personal details
  3. Upload required documents (marksheets, entrance scorecard, passport photo)
  4. Pay application fee online
  5. Submit and await call for further rounds (GD, PI)
  6. Offline applications also accepted via form download and courier submission

Eligibility Criteria

• General Eligibility: Graduation with minimum 50% marks from a recognized university
• Specific Courses: For MBA/PGDM, candidates must have passed bachelor’s degree in any discipline
• Documents Required:
  • Graduation mark sheets and degree certificate
  • Entrance exam scorecard
  • Passport size photographs
  • Identity proof (Aadhar/Passport/Driving License)
  • Caste/category certificate if applicable
  • Migration and Transfer certificates (if applicable)

Fee Structure & Scholarships

• Indicative Fees:
  • MBA/PGDM Tuition Fee: ₹3,00,000 - ₹4,50,000 (full course)
  • Hostel & Mess Fees: ₹70,000 - ₹1,20,000 per annum (optional, Mumbai campus)
  • Exam & Other Fees: ₹10,000 - ₹20,000 approx.
• Scholarships & Financial Aid:
  • Merit-based scholarships awarded by the institute annually
  • Government scholarships for reserved categories (SC/ST/OBC/EWS) as per Maharashtra state guidelines — Maharashtra Scholarship Portal
  • Need-based assistance on case-to-case basis

Placements & Career Outcomes

• Placement Highlights:
  • Placement Percentage: Approximately 70-80%
  • Average CTC: ₹4.5 LPA (varies by batch)
  • Highest CTC: ₹10 LPA (in recent years)
  • Top Recruiters: TCS, Infosys, L&T, HDFC Bank, Reliance, Aditya Birla Group
  • Active Placement Cell with regular workshops and company drives — Placement Details
  • Internship support is provided through industry tie-ups

Campus & Facilities

• Hostels: Separate boys and girls hostel facilities nearby with mess availability
• Sports: Indoor and outdoor sports facilities including cricket, badminton, and table tennis
• Labs & Libraries: Well-equipped computer labs, management resource library with latest journals and e-resources
• Healthcare: Tie-ups with nearby clinics and hospitals for emergency care
• Transport & Connectivity: College provides local transport services; well connected by Mumbai local trains and buses
• Wi-Fi: Campus-wide Wi-Fi with secured access
• Student Clubs & Festivals: Cultural, Sports, and Entrepreneurship clubs; Annual fest “AICAR Utsav” and Management conclaves
• Research Centres: Currently no dedicated research centers listed

Faculty & Research

• Notable Faculty: Dr. B. S. Pande (Founder & Senior Mentor), Dr. R. S. Jha (Director)
• Research: Faculty engaged in management research and publications in national journals
• Grants & MoUs: No major government grants or MoUs publicly listed as of 2024
• Patents: None reported

Rankings & Reputation

• NIRF Ranking: Not ranked in NIRF 2024 — official list checked at NIRF
• NAAC Grade: Not available
• Other Rankings: Not featured in QS India/India Today/Outlook rankings as per latest releases

Results, Cut-Offs & Seat Matrix

• Results & Seat Allotments: Published on official institute website admissions page — Results Portal
• Typical Cut-offs (MBA/PGDM):
  • Category general: 50-60 percentile in MBA entrance exams
  • Reserved categories: Relaxation as per Maharashtra government norms
  • Exact seat matrix details not publicly disclosed — contact admissions office for detailed info

How to Reach

• Nearest Airport: Chhatrapati Shivaji Maharaj International Airport, Mumbai (~12 km)
• Nearest Railway Station: Santacruz Railway Station (Western Line, Mumbai Suburban Railway)
• City Connectivity: Well connected by local trains, BEST buses, and taxis
• Local Transit: Auto rickshaws, taxis, and app-based cabs readily available

FAQs

• Q1: What is the minimum eligibility for MBA admission at AICAR?
  A: Graduation with at least 50% marks from a recognized university.
• Q2: Is AICAR Business School AICTE approved?
  A: Yes, it is approved by AICTE.
• Q3: What entrance exams are accepted?
  A: CAT, MAT, CMAT, and University CET scores are accepted.
• Q4: Does the institute offer hostel facilities?
  A: Yes, separate hostel facilities with mess are available near campus.
• Q5: How can I apply for courses online?
  A: Applications can be submitted online via the official portal: Apply Here.
• Q6: Are scholarships provided?
  A: Yes, merit-based and government scholarships for reserved categories are available.
• Q7: What is the placement record of AICAR?
  A: Placement percentage is around 70-80% with average CTC approx ₹4.5 LPA.
• Q8: When does the academic session start?
  A: Typically, the academic session starts in August or September each year.
• Q9: Are distance learning programs available?
  A: No, courses are offered in regular on-campus mode only.
• Q10: Is there any reservation policy?
  A: Yes, reservations are followed as per Maharashtra government and university rules.