

IBS Mumbai Placements 2025: Highest Package, Average Package, Top Recruiters
- Private Institute
- Estd. 1995
IBS Mumbai Placement Overview 2025
ICFAI Business School, Mumbai has released the placement details for its PGDM Class of 2025. The highest domestic package offered during IBS Mumbai placement 2025 was INR 20 LPA. The average package secured by the students of the batch 2025 was INR 7.89 LPA. The institute placed 95% students of its PGPM batch 2025. The students secured jobs from top recruiters of different sectors like Banking, Consulting, Education, E-Commerce, etc. Financial Services emerged as the top recruiting sector wherein the placement distribution of 24% was recorded. The top recruiters of IBS Mumbai in 2025 include Google, Deloitte, KPMG etc.
(168 students)
Commonly asked questions On Placement Overview
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 |
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 |
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 |
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 |
IBS Mumbai Average Package 2025
The IBS Mumbai average package secured by the PGPM batch 2025 stood at INR 7.89 LPA. The batch-wise average 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) |
|---|---|---|---|
|
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 Top Recruiters 2025
Some of the prominent companies that were part of IBS Mumbai placements in recent years are listed in the table below:
|
IBS Mumbai Top Recruiters |
|
|---|---|
|
Deloitte |
|
|
EY |
Oracle |
|
KPMG |
HCL |
|
Tata Capital |
Wipro |
|
ICICI Bank |
PwC |

Top Recruiters
Commonly asked questions On IBS Mumbai Average Placement
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 |
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 |
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 PGPM Placement 2025
IBS Mumbai has recorded an impressive placement outcomes for its PGDM batch in the academic year 2024-25. The highest domestic package offered in 2025 remained the same as it was offrede in 2024. The top 10% and 25% of the PGPM batch received average package of INR 11.97 LPA and INR 10.67 LPA during the placement drive 2025. The sector-wise placement distribution recorded during IBS placements 2025 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 ove
IBS Mumbai has recorded an impressive placement outcomes for its PGDM batch in the academic year 2024-25. The highest domestic package offered in 2025 remained the same as it was offrede in 2024. The top 10% and 25% of the PGPM batch received average package of INR 11.97 LPA and INR 10.67 LPA during the placement drive 2025. The sector-wise placement distribution recorded during IBS placements 2025 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.
Check out the key highlights of IBS Mumbai PGDM placements basis on the salary offered and placement percentage recorded between 2023 and 2025 drives forom the table below:
| Particulars | Statistics (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 | ₹ 8.17 L | ₹ 8.03 L | ₹ 7.89 L |
| Placement Percentage | 98% | 98% | 95% |
IBS MumbaiMBA/PGDM Placement Comparison
| Colleges | Average Package (2025) | Highest Package (2025) | Placement Rate (2025) |
|---|---|---|---|
| 7.89 LPA | -/- | 95% | |
| 11.17 LPA | 24 LPA | -/- | |
| 14.1 LPA | 26.6 LPA | 100% |
Commonly asked questions On IBS Mumbai MBA/PGDM Placements
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 |
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 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 |
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 |
IBS MumbaiCourse placements 2025
| Course | Average salary | Median Salary | Highest Salary |
|---|---|---|---|
| Post Graduate Program in Management (PGPM) | INR
7.89 Lakh | -/- | INR 20.00 Lakh |
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IBS Mumbai Placement FAQs
Some of the important FAQs regarding IBS Mumbai placements are mentioned below:
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.
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.
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% |
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% |
21 LPA (Domestic) | 9.82 LPA | 93% | |
9 LPA (Domestic) 12.5 LPA (International) | 7.09 LPA | 95% | |
16.42 LPA | 7.95 LPA | 99% | |
12.76 LPA 41.4 LPA (International) | 7.14 LPA | 95% | |
22 LPA | 7.66 LPA | 95% | |
10.7 LPA | 7.11 LPA | 99% | |
10.34 LPA | 7.81 LPA | 95% | |
16.42 LPA | 7.76 LPA | 90% |
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 |
IBS Mumbai is one of the top-ranked colleges in India. Getting admission to IBS Mumbai is every student's dream. The college offers admission to various students based on merit, entrance exams, and interview rounds. The accepted entrance exams are CAT, XAT, MAT and others. The institute selection for this course is carried out through the ICFAI Business School Aptitude Test (IBSAT). Shortlisted candidates are called for interview and final selection is based on academic performance and personal interview conducted by the institution itself.
ICFAI Business School (IBS) Mumbai is a highly regarded choice for MBA students. It is one of the leading private B-schools and a constituent of ICFAI University. IBS College is approved by the UGC. ICFAI Mumbai has also been rated as 'A+' by Business India and 'A4' by Business Standard. The institute is ranked 3rd in the category of top leading B-schools of super excellence by the CSR-GHRDC B-Schools Survey 2023. The the highest (domestic) and average package offered during IBS Mumbai placements 2025 stood at INR 20 LPA and INR 7.89 LPA, respectively.
No, IBS Mumbai does not offer direct admission. The admission process is strictly entrance-based. Aspirants are required to take the IBSAT exam to become eligible for admission to the PGPM course. In addition, candidates with the required minimum score in CAT/XAT/NMAT or GMAT are also eligible to apply and are exempted from IBSAT exam. After this, the shortlisted candidates have to participate in the Micro Presentation and Personal Interview round for final selections. Check complete details about IBS Mumbai admission process.
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.
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.
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 transparent.
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.
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.
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.
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.
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.
IBS Mumbai has good facilities like modern classrooms, libraries and hostels. It offers good placement facilities. The highest domestic and international package offered to PGPM batch 2023 was INR 18.80 LPA and INR 11.13 LPA.
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.
IBS Mumbai
Student Forum
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 8 months ago
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 |
K
Contributor-Level 10
Answered 8 months ago
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%.
N
Contributor-Level 10
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
J
Contributor-Level 10
Answered 2 years 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
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Updated on Jan 27, 2026
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Does IBS Mumbai offers research opportunities during the PhD programme?