

IBS Mumbai PG Courses 2025
- Private Institute
- Estd. 1995
IBS Mumbai Admission dates 2026
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Commonly asked questions On All Programs
The placement rate recorded during IBS Mumbai placements over the past three years is presented below:
Particulars | 2023 Placement Statistics | 2024 Placement Statistics | 2025 Placement Statistics |
|---|---|---|---|
Placement rate | 98% | 98% | 95% |
According to data gathered from unofficial sources, Business Development domain has placed the most number pf IBS Mumbai students. The domain-wise IBS Mumbai alumni placement statistics are presented below:
Note: The “Others” category includes the domains of Operations, Education, Human Resources, Information Technology, Research, Consulting, Accounting, Customer Success and Support, Product Management, Program and Project Management and Media and Communication.
The above-mentioned alumni data is gathered from unofficial sources and hence may vary.
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Commonly asked questions On All Courses
Yes, IBS Mumbai accepts CAT, IBSAT, and other exams to shortlist candidates for the MBA exam. Candidates aspiring to take admission at ICFAI Business School (IBS), Mumbai must meet the eligibility requirements laid down by IBS and should have the relevant documents to complete the admission process. Given below are the eligibility and selection process for course offered at IBS Mumbai.
The highest international package offered during IBS Mumbai placements over the past three years is presented below:
Particulars | Placement Statistics (2022) | Placement Statistics (2023) | Placement Statistics (2024) |
|---|---|---|---|
Highest international package | INR 53.45 LPA | INR 11.13 LPA | INR 18 LPA |
INR 7.89 LPA was the average package for the IBS Mumbai PGPM placement 2025. Refer to the table below for more details-
Particulars | 2023 PGPM Placement In INR | 2024 PGPM Placement In INR | 2025 PGPM Placement In INR |
|---|---|---|---|
Average package | 8.17 LPA | 8.03 LPA | 7.89 LPA |
Top 10% average package | 13.3 LPA | 13.56 LPA | 11.97 LPA |
Top 25% average package | 11.01 LPA | 11.45 LPA | 10.67 LPA |
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IBS Mumbai Courses & Fees FAQs
FAQs
No, it is not compulsory as candidates fulfilling the criteria prescribed by the institute are exempted from the exam. The following candidates are further exempted from writing IBSAT exam:
- CAT with 60 and above percentile
- GMAT with 500 and above score
- NMAT by GMAC with a score of 150 and above
- XAT with 60 and above score
Yes, it is possible to take admission to the IBS Mumbai PGPM programme without CAT. The institute accepts various other national-level test scores, including NMAT, XAT, and GMAT. Other than this, the institute also conducts an in-house entrance test, i.e., IBSAT. It is conducted once a year, generally in the month of December. Students willing to take the exam can visit the institute's official website to apply.
The sector-wise placement distribution recorded during IBS placements 2025 is presented below:
Sectors | 2025 Placement Distribution |
|---|---|
Banking | 15% |
Consulting | 7% |
Education | 3% |
E-Commerce | 3% |
Financial Services | 24% |
FMCG / Retail | 4% |
Global Capability Center | 8% |
Infra / Telecom / Real Estate | 7% |
Insurance | 7% |
ITES | 12% |
Manufacturing / Construction | 3% |
Media & Research | 1% |
Hospitality / Tourism | 2% |
Pharma / Healthcare | 1% |
Logistics | 2% |
Others | 3% |
Note: The sector-wise placement distribution data presented above is the overall data of all the IBS campuses.
The key highlights of IBS Mumbai placements over the past three years are presented below:
Particulars | PGPM Placement Statistics (2023) | PGPM Placement Statistics (2024) | PGPM Placement Statistics (2025) |
|---|---|---|---|
Highest domestic package | INR 18.8 LPA | INR 20 LPA | INR 20 LPA |
Highest international package | INR 11.13 LPA | INR 18 LPA | NA |
Average package | INR 8.17 LPA | INR 8.03 LPA | INR 7.89 LPA |
Placement rate | 98% | 98% | 95% |
Top 10% average package | INR 13.3 LPA | INR 13.56 LPA | INR 11.97 LPA |
Top 25% average package | INR 11.01 LPA | INR 11.45 LPA | INR 10.67 LPA |
ICFAI Business School, Mumbai has a good placements record. It is approved by UGC. In 2023 placements, the placement rate achieved was 98%. The highest domestic and international package offered was INR 18.80 LPA and INR 11.13 LPA, respectively. Further, the average package offered stood at INR 8.17 LPA. Some of the top companies that participate in placements were Google, Deloitte, EY, HCL, etc.
INR 9.01 Lakh is the total fee for PGPM at IBS Mumbai. There are multiple components included in the ICFAI Business School, Mumbai PGPM course fee such as tuition fee, refundable caution deposit, etc. For fee payment details, applicants can reach out to the IBS Mumbai admission office or visit its official website. It must be noted that the given fee is taken from an unofficial source. Hence, the actual amount may vary. Admission to the course is entrance-based. IBS Mumbai accepts IBSAT/ CAT/ GMAT/ NMAT by GMAC scores.
IBS Mumbai has well-educated faculty. Most of the faculty are PhD and Masters degree holders. The institute also invites faculty for guest lectures and offers an opportunity to students to interact with some of the best personalities.
Financial Services sector emerged as the top recruiting sector that placed 24% of the total students. The sector-wise placement distribution recorded during IBS placements 2024 is presented below:
Sectors | Placement Distribution (2025) |
|---|---|
Banking | 15% |
Consulting | 7% |
Education | 3% |
E-Commerce | 3% |
Financial Services | 24% |
FMCG / Retail | 4% |
Global Capability Center | 8% |
Infra / Telecom / Real Estate | 7% |
Insurance | 7% |
ITES | 12% |
Manufacturing / Construction | 3% |
Media & Research | 1% |
Hospitality / Tourism | 2% |
Pharma / Healthcare | 1% |
Logistics | 2% |
Others | 3% |
Note: The sector-wise placement distribution data presented above is the overall data of all the IBS campuses.
Admissions at IBS Mumbai are done through entrance examinations. Students need to first visit the college's official website and fill out an application form, and pay the application fee. They have to then sit for an either the IBSAT or other national level exams, such as CAT/ GMAT, XAT, NMAT, etc. Applicant are shortlisted for the final selection round on the basis of their performance in the entrance exam. The final round involves a micro-presentation and a PI. Students who clear all rounds should pay the course fee to secure their seat at this college.
ICFAI Business School, Mumbai admission process for PGPM programme is entirely entrance-based. The applicants are shortlisted based on merit in the accepted exams such as IBSAT/CAT/ GMAT /NMAT by GMAC/XAT. Candidates fulfilling the prescribed criteria are exempted from IBSAT exam. Further, the shortlisted candidates are called for personal interview and group discussion round. The final selection is done based on performance in the selection rounds. Read more on admission process, here.
The admission process at IBS Mumbai requires a bachelor's degree with a minimum of 50%. Entrance exams are mandatory for most courses. Students must first appear for national-level entrances and then move on to university-level selection rounds for final admission. IBS Jaipur offers full-time MBA/PGDM courses for two years and qualify in CAT/IBSAT/NMAT/XAT. It is mandatory for students to qualify the national entrance exam before admission.
ICFAI Business School (IBS) Mumbai offers a PG programme in the Management stream. To be eligible for the MBA programme, students must have a bachelor's degree from a recognised university. Students' selections are based on IBSAT/CAT/GMAT/NMAT by GMAC/XAT by appearing one of the exam and prepare for Micro Presentation and Personal Interview.
IBS Mumbai Postgraduate Programme in Management (PGPM) is a two-year course divided into four semesters. The course is offered in a full-time mode. Aspirants seeking admission must meet the minimum eligibility requirements. Moreover, the selection process is entrance-based. Candidates have to appear for IBSAT and secure a good score of admission. However, candidates with a valid score in CAT/XAT/GMAT/NMAT by GMAC with the required minimum score are exempted from IBSAT. Candidates shortlisted based on the exam score are further invited for group discussion and personal interview round. Read here about on Career Scope of PGDM.
Based on IBS Mumbai cutoff 2024, the cutoff percentile required for MBA stood at 70 percentile overall in CAT 2025. Candidates shortlisted on the basis of the scores obtained in entrance exams like CAT. XAT, NMAT, IBSAT are called for the Personal Interview round where candidates are further screened for final selection at the institute. The sectional cut off in CAT for MBA at IBS Mumbai stood at 40 for the General AI category candidates.
The list of top recruiters during IBS Mumbai PGPM placements 2023 is presented below:
IBS Mumbai Top Recruiters | |
|---|---|
Deloitte | |
EY | Oracle |
KPMG | HCL |
Tata Capital | Wipro |
ICICI Bank | PwC |
Find below the trend for IBS Mumbai CAT cutoff for PGPM:
PGPM - IBS Mumbai: CAT percentile Cutoff (General-All India) | |||
|---|---|---|---|
Section | 2019 | 2020 | 2021 |
Overall | 70 | 70 | 70 |
Quants | 40 | 40 | 40 |
VA-RC | 40 | 40 | 40 |
DI-LR | 40 | 40 | 40 |
NOTE: It is as per an unofficial source.
No, IBS Mumbai does not offer hostel facilities to the students. IBS Mumbai is spread across 1.83 acre of land. IBS Mumbai has well-equipped classrooms, a 225-seater auditorium, separate common rooms for boys and girls, a gym, and three syndicate rooms for student and faculty interaction. In addition to this, it has a well-stocked library with over 20,000+ books, 90+ national journals, more than 10 international and along with it magazines.
IBS Mumbai
Student Forum
Answered 4 weeks ago
IBS Mumbai PGPM selection process involves Micro Presentation and a Personal Interview (PI) round. Candidate's communication skills, clarity of thought, and suitability are assessed for management education. Final selection is based on performance in these rounds.
J
Contributor-Level 10
Answered 4 weeks ago
The IBS Mumbai PGPM selection process is in multiple stages. Candidates are shortlisted based on valid scores in IBSAT. CAT, XAT, GMAT, and NMAT are also accepted. Appear for further evaluation rounds conducted by IBS. Final admission depends on overall performance in all stages.
J
Contributor-Level 10
Answered 4 weeks ago
IBS Mumbai PGPM final selection is based on entrance test scores, past academic record, and performance in Micro Presentation and PI. Admissions are strictly merit-based and there is no direct admission. Perform well across all components to secure a seat. This keeps the selection process transparen
J
Contributor-Level 10
Answered 6 months ago
Yes, IBS Mumbai offers several research opportunities throughout the PhD programme, which include a 3-month summer research project in the student's field of specialisation. This is guided by a mentor and ends with a research seminar presentation prior to the PhD qualifying exam. The goal is to get
a
Contributor-Level 9
Answered 6 months ago
For the IBS Mumbai PhD program, MBA degree holders can go directly into doctoral courses. Holders of a postgraduate qualification in allied fields need to complete first-year MBA courses as a prerequisite. This is to ensure that all applicants have a solid management foundation prior to embarking on
a
Contributor-Level 9
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Updated on Nov 11, 2025
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Does IBS Mumbai PGPM require an interview as part of the selection process?