ICFAI Business School, Mumbai
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IBS Mumbai Placements 2025: Highest Package, Average Package, Top Recruiters

  • Private Institute
  • Estd. 1995
Dark Clock Icon Last updated on 24 Jun '25

IBS Mumbai Placement
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IBS Mumbai Placement Overview 2025

3.9icon

(170 students)

Student rating - Placements
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Commonly asked questions
On Placement Overview
Q:   What is the highest package offered at IBS Mumbai?
A: 

The highest domestic and international package offered over the past three years during IBS Mumbai placements is 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

Q:   What is the placement record at IBS Mumbai over the past few years?
A: 

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

Q:   How are the international placements in IBS Mumbai?
A: 

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

IBS Mumbai Placement Report 2025

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Commonly asked questions
On Placement Report
Q:   Does IBS Mumbai campus have the best placement?
A: 

Students can refer the table below for details on campus-wise salary data and placement rate in order to figure out the best IBS campus in terms of placements:  

IBS Campus Name

Highest Package (2025)(In INR)

Average Package (2025)

(In INR)

Placement Rate (2025)

(In INR)

IBS Mumbai

 20 LPA 

 7.89 LPA

95%

IBS Hyderabad

 21 LPA (Domestic)

9.82 LPA

93%

IBS Kolkata

 9 LPA (Domestic)

 12.5 LPA (International)

7.09 LPA

95%

IBS Pune

16.42 LPA 

 7.95 LPA 

99%

IBS Jaipur

 12.76 LPA 

 41.4 LPA (International)

 7.14 LPA 

95%

IBS Gurgaon

 22 LPA 

 7.66 LPA 

95%

IBS Dehradun

 10.7 LPA 

 7.11 LPA 

99%

IBS Ahmedabad

 10.34 LPA 

 7.81 LPA 

95%

IBS Bangalore

16.42 LPA 

7.76 LPA

90%

Q:   What is the batch-wise salary package offered during IBS Mumbai placements?
A: 

The batch-wise average package offered during IBS Mumbai placements over the past three years is presented below:

Particulars

2023 PGPM Placement Statistics 

In INR

2024 PGPM Placement Statistics 

In INR

2025 PGPM Placement Statistics 

In INR

Highest domestic package

 18.8 LPA

 20 LPA

 20 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

Q:   Does IBS Mumbai provide 100% placements?
A: 

The placement rate recorded during IBS Mumbai placements 2025 and previous two years was 95%. Earlier, in 2024 and 2023, the placement rate was 98%.

IBS Mumbai Average Package 2025

MBA/PGDM
Average package trend
IBS Mumbai placements Average Package graph
Info IconSource : Official Report

Top Recruiters

Wipro
Zomato
Oracle
Aditya Birla Group
Cavinkare
pwc
Vedanta
Jaro Education
HFFC
TATA Consultancy Services
Amul
FinEdge Advisory
Asian Paints
HDFC Bank
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Commonly asked questions
On IBS Mumbai Average Placement
Q:   Who are the top recruiters during IBS Mumbai placements?
A: 

The list of top recruiters during IBS Mumbai PGPM placements 2023 is presented below:

IBS Mumbai Top Recruiters

Deloitte

Google

EY

Oracle

KPMG

HCL

Tata Capital

Wipro

ICICI Bank

PwC

Q:   What is the average package offered during IBS Mumbai PGPM placements?
A: 

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

 

Q:   What is the average salary trends witnessed during IBS Mumbai placements?
A: 

The average salary trends witnessed during IBS Mumbai placements over the past three years are presented below:

Particulars

 2023 PGPM Placement Statistics 

(In INR)

 2024 PGPM Placement Statistics 

(In INR)

2025 PGPM Placement Statistics 

(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

IBS Mumbai PGPM Placement 2025

ParticularsStatistics (2023)Statistics (2024)Statistics (2025)
Highest Domestic Salary₹ 18.8 L₹ 20 L₹ 20 L
Highest International Salary₹ 11.13 L₹ 18 L– / –
Average Salary
Info Icon
₹ 8.17 L₹ 8.03 L₹ 7.89 L
Placement Percentage
Info Icon
98%98%95%
Info IconSource : Official Report

IBS Mumbai
MBA/PGDM Placement Comparison

Accordion Icon V3
CollegesAverage Package (2025)Highest Package (2025)Placement Rate (2025)
7.89 LPA-/-95%
-/-26.5 LPA100%
Info IconThe value are of the latest years available with Shiksha.
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The placement rating of this course is 3.9/5, making it good value for money.
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Commonly asked questions
On IBS Mumbai MBA/PGDM Placements
Q:   How are IBS Mumbai PGPM placements?
A: 

The key highlights of IBS Mumbai PGPM placements 2024 are presented below:

Particulars

PGPM Placement Statistics (2025)

Highest domestic package

INR 20 LPA

Average package

INR 7.89 LPA

Placement rate

95%

Top 10% average package

INR 11.97 LPA

Top 25% average package

INR 10.67 LPA

Q:   Which is the top recruiting sector during IBS Mumbai PGPM placements?
A: 

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.

Q:   What is the placement trend witnessed during IBS Mumbai PGPM placements?
A: 

The placement trend witnessed during IBS Mumbai PGPM placements over the past three years is 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

IBS Mumbai
Course placements 2025

CourseAverage salaryMedian SalaryHighest Salary
Post Graduate Program in Management (PGPM)
INR 7.89 Lakh
-/-
INR 20.00 Lakh
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IBS Mumbai
Students Ratings & Reviews

3.8/5
Verified Icon170 Verified ReviewsInfo Icon
Placement Review IconPlacements3.9
Infrastructure Review IconInfrastructure3.6
Faculty Review IconFaculty & Course4.2
Crowd Review IconCampus Life3.7
Money Review IconValue for Money3.8
What students say about ICFAI Business School, Mumbai
Placements
Infrastructure
Faculty
Other
LikesView All
Companies like JPMC, Deloitte, KPMG, RB, ITC, Nestle, Asian Paints, Amul, HDFC Bank, ICICI Bank and many more BFSI and FMCG companies visit the campus for final placements.
Based on 59 Reviews
DislikesView All
There is no scope for operations and IT branches, But, there is a slight low package for HR aspirants.
Based on 24 Reviews
S
Shreyansh Verified Icon
Post Graduate Program in Management (PGPM) - Batch of 2026
4.2
5Placements4Infrastructure4Faculty4Crowd & Campus Life4Value for Money
Review about the college ICFAI Business School - Mumbai.
Placements: IBS has a reputation for placing students well. Around 95-97% of students who enroll in the placement program get placed. Approximately 200 companies come for college placements and select a handful of students, with an average CTC of 8,50,000/-. Big firms like JP Morgan, Tata, Reliance, Kantara, and Morgan Stanley also visit for placements.
Infrastructure: The college's location is excellent, situated in the heart of Mumbai, Powai, with a view of the lake. The infrastructure includes an auditorium, online lectures, a library, large classrooms, a gym, and three canteens with delicious food.
Faculty: The faculty is excellent, with most having over 15 years of teaching experience. Even the visiting faculty have similar experience. All the faculty members are friendly and helpful in every situation. Exams are held semester-wise, with mid-semester and end-of-semester exams.
Other: The crowd here is very good, and everyone is well-versed. There are around 27 clubs and 3 committees, where you can enroll in a maximum of 3 clubs and one committee.
Reviewed on 12 Aug 2024Read More
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B
Bhavya Mathreja Verified Icon
Post Graduate Program in Management (PGPM) - Batch of 2021
4.4
5Placements4Infrastructure4Faculty5Crowd & Campus Life4Value for Money
Great institute potential to become a top business college.
Placements: If you have an IBS, you will have a lot of placement opportunities. Colleges have separate teachers who take care of placement activities. For our marketing batch, more banks like ICICI Bank, Industry Bank, HDFC Bank, Aditya Birla Finance, DBS Bank, and EY, like many other companies, hire students from our college. The package is 10 LPA, which is mostly what students got. Summer internship programme that we need to do for 8–12 weeks where big firms like JP Morgan, Deloitte, and Morgan Stanley offer internships with salaries up to INR 50,000.
Infrastructure: We are in Mumbai, so obviously the college campus is small, the college infrastructure is modern, and it is located in key areas like Powai, which have many transportation options. The college gym is very small, but important equipment is a mission. Because of the small campus, there are no big sporting events conducted on campus. The college library is filled with a lot of books that students can use to gain good knowledge. Classrooms are fully air-conditioned, with projectors and comfortable desks. Our college does not provide any hostels, and the college area is very expensive; it is not affordable for a normal student, so we leave the outer area of the city for daily travel, where 1 BHK rent is 15,000, which is the cheapest.
Faculty: IBS Mumbai only offers a PGPM program; faculty members from the college possess great skills. They are mainly focused on our presentation and communication skills. They are your mentors until you get placed. In one semester, there are a midterm and a final term, which makes for two exams per semester. So in total, you have to excel in 8 exams. The course is much more practical-oriented; it deals with skills that are essential in industries.
Other: There is only one thing I wish to improve: expenses. College feels that living costs are very high, and middle-class students cannot afford them.
Reviewed on 27 Jun 2024Read More
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A
AnonymousVerified Icon
Post Graduate Program in Management (PGPM) - Batch of 2022
4.6
5Placements4Infrastructure5Faculty5Crowd & Campus Life4Value for Money
Great Choice IBS Mumbai To Do PGPM.
Placements: IBS is known for its placement as the best B-school in India. From the third semester, students are eligible for placements, including the Big Four and companies like Oxane, Digital Marveled, Teach Lip, etc. Many companies hire students, and our alumni work in top companies across the world. If they have any openings, they hire from our college. Our marketing profile offers a salary of 22 Lacs, the highest for our batch. 95% of students get placed, with an average salary of 7 Lacs. Most students secure good jobs after graduation.
Infrastructure: The campus infrastructure is very poor; there is no ground for sports, games, or events. The auditorium is basically a hall with chairs and a dias. Our fest, Konflex, is amazing and includes many dance, singing, and flash mob competitions. Classrooms are spacious and equipped with projectors and smart boards. The college does not have any hostels; instead, they allocate rented rooms, but no one took them. Rooms in Powai are expensive, so we stay in Navi Mumbai, where the rent for a 2BHK accommodating 4 students is 20,000.
Faculty: Teachers at IBS are very helpful; they focus on the overall development of students, working on our personality and communication skills. Teachers at IBS are graduates of IIM and NIT. The course is the same for everyone in the first year, but later, as per specialization, students' subjects differ. Marketing is strong at IBS, with each batch having a capacity of 100 students. There are two exams in each semester, along with additional quizzes between exams. Exams are challenging, and very few students clear all subjects.
Other: The workload is intense, but I believe it's worth it. In my opinion, IBS is a great choice for PGPM.
Reviewed on 14 Jun 2024Read More
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A
AnonymousVerified Icon
Post Graduate Program in Management (PGPM) - Batch of 2025
3.6
4Placements4Infrastructure4Faculty3Crowd & Campus Life3Value for Money
IBS college is very good and I would suggest this college to my juniors.
Placements: More than 70% students are placed in PGPM course. The highest package offered is 12 Lacs and the lowest package is 7 Lacs. Top recruiting companies are Deloitte, Tata Capital, Wipro, HCL, and Google. More than 80% of the students got internships from PGPM course. Top companies are Aditya Birla Capital, HDFC, L&T, and Propencher. Sales executive and Manager are the roles offered.
Infrastructure: The library has a collection of over 34000 books of Management and other subjects. AC classrooms are available which are working and in a very good condition. You can have coffee in the short time break at Nescafé. The canteen has a lot of variety to eat for lunch. Medical facilities are provided by our college. Indoor games are available in our college including Table tennis, carrom board, etc.
Faculty: The teachers are very helpful in guiding their students, they are very knowledgeable. They create power point presentations to make us understand the concepts clearly. The course curriculum is relevant and it makes the students ready for the industry. The semester exams are not that difficult. If the students are prepared, they will be able to score good marks in the semester exams.
Reviewed on 25 May 2024Read More
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P
Pradnya Kunder Verified Icon
Post Graduate Program in Management (PGPM) - Batch of 2022
4.2
5Placements4Infrastructure3Faculty5Crowd & Campus Life4Value for Money
The College has a record of 90% of placements.
Placements: Placements are great and the highest package is 15.6LPA. The average is around 7-8LPA and the lowest is 6LPA. TCS, Team Please Bank, Reliance, Google, etc. are some companies that visit the campus. The intake of college is 60 and all 60 students get placement.
Infrastructure: They don't have girls hostels facility from college itself but there is one hostel near the college which is good enough to stay until your graduation is over. The rent is around 15000 per month and along with that, you have to deposit 20000 INR for admission which is refundable. Hostel Fee is INR 170000 per year.
Faculty: I had a plan to pursue a career in marketing. Hence, I took this course PGDM-Marketing. Student to faculty ratio is 12:1. All the faculty members (99%) directly come from the industry. Maximum students are Ph.D. holders. They are exceptionally qualified and they teach us to become industry-ready. On this campus, the trimester system is there, i.e. every 3 months. End-term exams happen and in between, surprise tests and presentations are done. It is not so difficult to pass in them. If you give some attention, then you will pass the exams easily. Class size is 63 and course fees is INR 909000 per year.
Reviewed on 7 Nov 2023Read More
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I
Isha Goel Verified Icon
Post Graduate Program in Management (PGPM) - Batch of 2024
5
5Placements5Infrastructure5Faculty5Crowd & Campus Life5Value for Money
Review of ICFAI Business School, Mumbai.
Placements: 98% students have been placed in year 2022- 2023, the highest average package 18.17 and average CTC 8.17. Top recruiting companies include is the big 4 - Deloitte, PWC, KPMG and EY, apart from this, students have been placed in reputed FMCG and Teach companies as well. Top roles offered include - analyst, relationship managers and wealth manage roles.
Infrastructure: The college is equipped with a gym, IT lab, SQL lab and Bloomberg lab. The college is centrally air conditioned with Wi-Fi facilities. The college library and reading room helps students to study and provide reading resources in abundance. The college has three canteens and a CCD outlet and a Nescafe outlets to keep students re-energized with coffee and food. The college had a seperate club to focus on sports and fitness of students.
Faculty: The teaching staff of IBS Mumbai consists of permanent and visiting faculty members. All the faculty members are helpful and approachable. The teaching are as per relevant curriculum which make students industry ready. The semester exams focuses on case study learnings and the pass percentage of students is 100 percent.
Other: I have majoring in Marketing, the course offer a list of 18 electives to chose from as per interest of students. The college has 23 clubs and committees which focuses on holistic student development. The college conducts Annual event name Konflux and all the festivals are celebrated in the campus signifying diversity and inclusion.
Reviewed on 29 Sep 2023Read More
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IBS Mumbai Placement FAQs

Q:   Where are IBS Mumbai alumni placed?
A: 

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.

Q:   Which is the top recruiting sector during IBS Mumbai placements?
A: 

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.

Q:   What is the placement rate recorded during IBS Mumbai placements?
A: 

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%

qna

IBS Mumbai

Student Forum

chatAnything you would want to ask experts?
Write here...

Answered 2 months ago

Yes, there are plenty of networking events and mentorships opportunities available at IBS Mumbai. The college regularly organises mentorship programme with faculty members guiding students in academic, career, and networking topics. There are also clubs, such as E-Cell, that takes care of seminars,

...Read more

M

Mayank Surbhi

Contributor-Level 8

Answered 4 months ago

The salary trend witnessed during IBS Mumbai placements over the past three years is 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

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

N

Nishtha Karan

Contributor-Level 9

Answered 4 months ago

The highest package offered during IBS Mumbai PGPM placements over the past three years is presented below:

Particulars

 2023 PGPM Placement Statistics 

( In INR)

2024 PGPM Placement Statistics 

(In INR)

2025 PGPM Placement Statistics

( In INR)

Highest domestic package

INR 18.8 LPA

INR 20 LPA

INR 20 LPA

Highest international package

INR 11.13 LPA

INR 18 LPA

NA

N

Nishtha Arora

Contributor-Level 9

Answered a year ago

IBS Mumbai offers commendable placements records. The institute has a dedicated placement cell which focuses on personality development, career counselling, internships, and a strong industry interface. The the highest and average package offered during IBS Mumbai placements 2024 stood at INR 20 LPA

...Read more

J

Jagriti Shukla

Contributor-Level 10

Answered a year ago

Most of the students pursuing programmes at IBS have financed their education through educational loans from various public sector and private sector banks and financial institutions which are listed below:

  • Public Sector Banks
  • Private Sector Banks
  • Axis Bank
  • ICICI Bank
  • IDFC First Bank
  • YES Bank

Non-Banking F

...Read more

40939197
Indrani Choudhury

Contributor-Level 10

Content authored by:

author image
Krishnendu Chatterjee

Updated on Jun 24, 2025

IBS Mumbai
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Hiranandani Knowledge Park,
Off Technology Street,
Hiranandani Gardens

Mumbai ( Maharashtra)

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