I am a student of IIPM Mumbai and I am satisfied with IIPM...We are taught by one of the best professors available in Mumbai which also give lecs in other reputed B-schools...
Prof are friendly and lectures held are interactive and we have presentations to get more knowledge about the topics we study. The course content is also good a wide variety of topics are covered.
The exam rules are also flexible one can give a kt if he fails rather than loosing a year for 1-2 papers.
My friends have got placement in good companies with a pay package of 3-5-4.00 lac p.a :-)
There might have been delay in providing laptops and foreign trips, but thats ok.