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IBS Mumbai MBA Courses & Fees 2026: Admission, Eligibility, Cut-off & Placements
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Last updated on 10 Feb '26IBS Mumbai MBA/PGDMWhat's new?
ICFAI Business School Mumbai MBA/PGPM admissions for the batch 2026-28 are open. Interested candidates can apply for the course through the official website. A few more updates are as follows:
- The IBSAT 2025 selection process result has been announced for admission to the MBA/PGPM course.
- The XAT 2026 result has been released on the official portal for the MBA/PGDM course. Students have to log in to the official exam portal to access and download their scorecard.
- The NMAT 2025 phase 2 exam is over for the MBA/PGDM course. Students can check their results on the official website.
- The CAT 2026 registration window is expected to open in Aug 2026, for the MBA course.
IBS Mumbai PGPM Eligibility & Highlights 2026
IBS Mumbai PGPM is a postgraduate management programme that is equivalent to an MBA. Students enrolled in this full-time programme can choose to specialise in any one of the four streams, Finance, Marketing, HR, Operations, given that they have the minimum credits required. Moreover, the institute uses a case methodology teaching method with an emphasis on entrepreneurship, innovation, and problem solving.
Candidates seeking admission to PGPM at IBS Mumbai must appear for the in-house aptitude test of IBS Gurgaon, i.e., IBSAT, or submit a valid score in GMAT/XAT/CAT/NMAT. Candidates with a good exam score/rank in these national-level entrance exams are exempt from IBSAT.
Candidates shortlisted are further called for a personal interview (PI) and a
IBS Mumbai MBA/PGPM is a postgraduate management programme. Those enrolled in full-time programme can choose to specialise in any of the four streams, Finance, Marketing, HR, Operations. Moreover, institute uses a case methodology teaching method with emphasis on entrepreneurship, innovation, and problem solving.
Candidates who want admission to PGPM at IBS Mumbai must appear for in-house aptitude test of IBS Gurgaon, i.e., IBSAT, or submit a valid score in GMAT/XAT/CAT/NMAT. Those who score a good exam score/rank in these national-level entrance exams are exempt from IBSAT.
Selected students are called for personal interview (PI) and micro presentation. Check out below-mentioned IBS Mumbai PGPM eligibility criteria before applying for PGPM:
Eligibility:
- A valid UG degree with minimum of 50% marks in aggregate
- A valid IBSAT/CAT/GMAT/NMAT/XAT score
- For IBSAT exam, fulfil following eligibility:
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Graduation in any discipline with at least 50% marks, with the medium of instruction being English.
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A minimum of 15 years of education under the 10+2+3 or 10+2+4 pattern.
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A valid TOEFL / NELT / IELTS score by May 31 if you did not study in English medium during graduation.
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Final year students in bachelor’s degree are also eligible to apply, provided they complete all graduation requirements before May 31.
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Submit mark sheets and degree certificates confirming eligibility.
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Last date for submitting proof of graduation is 1st November.
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Eligibility verification will begin from August onwards, and candidates are responsible for ensuring they meet all requirements.
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Download: IBS Business School Mumbai PGPM Brochure
Check out the below table to know more about IBS Mumbai PGPM courses:
Commonly asked questions On Highlights
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.
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.
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.
IBS Mumbai MBA/PGDMPopular courses
MBA/PGDM Applications open. Apply Now
IBS Mumbai MBA/PGDMIBS Mumbai PGPM Fees 2026
For admission in IBS Mumbai courses, pay the fees as prescribed by the institute. The total fees include many components, such as tuition fees, examination fees, etc.
There are a few components that are paid only once, namely this is one-time fee. While there are some that are to be paid semester-wise, such as the tuition fees.
As per IBS Mumbai fee structure, total tuition fee for PGPM is INR 9.09 lakh. Additionally, students must pay a refundable caution deposit of INR 10,000 along with the first fee installment at all campuses. Living expenses are not included and must be paid separately. Interested students can visit the IBS Mumbai fee page to know the complete fee structure.
| Fee components | Amount (for 2 years) |
|---|---|
₹ 8.29 L | |
₹ 80 K | |
₹ 9.09 L |
These are estimated fees information. Actual values may differ.
Commonly asked questions On MBA/PGDM Fees
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 PGPM admissions are entrance-based. Thus, students applying for admission must have appeared in any one of the accepted entrance exams: GMAT/NMAT/CAT/IBSAT/XAT. However, the selection to the programme is not made only on the basis of entrance test scores.
Once the admissions committee has shortlisted students based on entrance test scores, students are further invited for the personal interview process. In the interview round, students are judged on various aspects, such as problem-solving skills, critical thinking, etc. After that, students are required to present a micro-presentation on the topic provided by the admission committee.
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.
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IBS Mumbai PGPM Admission Dates 2026
IBS Mumbai MBA admission dates 2026 depends on dates of accepted nation-level entrance tests - NMAT, GMAT, CAT, and XAT. Other than these, students can also appear for the institute's IBSAT exam. For admissions through IBSAT, registration will start on July 1 at ibsindia.org. Students who want admission in IBS MBA/PGPM course must fill online application form. IBSAT 2026 exam is scheduled during last week of December 2026. This exam is generally conducted in December of the current academic year. Those who qualify the exam or other national-level test are called for the selection process in February/March. Tabulated below are important XAT exam dates along with other accepted exam dates:
| Dates | Upcoming Events |
|---|---|
Aug '26-Oct '26 | NMAT 2026 Registration WindowTentative |
29 Nov '26 | CAT 2026 exam |
Nov '26-Dec '26 | NMAT 2026 Exam Window Tentative |
Nov '26-Dec '26 | NMAT 2026 Result DeclarationTentative |
Oct '26-Dec '26 | NMAT 2026 Admit Card IssuanceTentative |
| Dates | Past Events |
|---|---|
29 Jan '26 | XAT 2026 Cut Offs Release |
16 Jan '26 | XAT 2026 result |
Commonly asked questions On Admissions
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.
Yes, IBS Mumbai does accept a valid score of CAT for IBS Mumbai PGPM course. In addition, candidates with a 60 percentile and above CAT score are exempted from writing the IBSAT 2023 exam. Moreover, apart from this, it is also crucial that the aspirants fulfil the course-specific eligibility requirements as prescribed by the ICFAI Business School, Mumbai. For more details about the CAT entrance examination, Click Here.
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.
ICFAI Business School Mumbai conducts ICFAI Business School Aptitude Test (IBSAT) for admission to its Management courses. However, it is not compulsory for selection. Aspirants with a required score in other accepted exams: CAT/GMAT/NMAT by GMAC/XAT are also eligible to apply. Moreover, aspirants shall check out the eligibility requirements before applying for the course. Candidates are shortlisted based on accepted exam scores for further selection rounds. Read more on IBS Mumbai admissions here.
IBS Mumbai PGPM Admission 2026: How to Apply?
IBS Mumbai PGPM course admissions are strictly entrance-based. The institute accepts a valid GMAT/NMAT/CAT/XAT score. Other than this, the institute also conducts IBSAT for admission to its PGPM programme. It is an online proctored test that students can take from their homes.
Those who wish to get admission must apply for the programme in the first place. The institute carries out the application process in both online and offline modes. After the application process, the admissions committee screens all the applications and shortlists students for further selection. Those who wish to know the selection criteria and more can check out the below-mentioned guide on IBS Mumbai admissions:
STEP 1: IBS Mumbai PGPM Application Process 2026
The step-by-step online application process is as follows:
Step 1: Visit https://admissions.ibsindia.org/.
Step 2: Fill out personal, educational, and other details in the application form.
Step 3: Proceed and pay the application IBS Mumbai MBA application fees 2026 of INR 1,800 to apply successfully.
Step 4: After a successful transaction, candidates are informed through mail/SMS with the application number and password of the student account for future access.
Step 2: Shortlisting of Candidates
Once the application portal is closed, the admissions committee reviews all the applications received. Those who meet the entrance test cutoff and have a good academic record are shortlisted for further selection. Such candidates receive an invitation via registered mail id.
STEP 3: Selection Process
Shortlisted students are further called for a personal interview and a micro-presentation. The final selection is based on the applicant's performance in the micro-presentation, personal interview, and past academic records.
STEP 4: Admission Confirmation
Those who are offered admission after the PI round must get their documents verified and pay the fees as prescribed by the institute. As per the fee structure, the total tuition fee for PGPM is INR 9.1 lakh.
Note: The above fee is taken from official sources. However, it is subject to change. Hence, it is indicative.
Commonly asked questions On Application Process
The IMS Mumbai MBA/PGPM application form requires students to upload scanned copies of various personal and academic documents. The list of scanned documents to be submitted at the time of application for BSc is given below:
- Class 10 and Class 12 Marksheets and passing certificates from the board
- UG marksheets
- UG degree
- Transfer certificate
- Category certificate (in case of SC/ST/OBC candidates)
- Medical certificate (for Person with Physical disabilities)
- Income certificate (in case of EWS category candidates)
Candidates who wish to take admission to the IBS Mumbai PGPM programme via IBSAT or other national-level tests must submit an institute-level application form. The steps to apply are as follows:
1. Visit the official website of the institute and navigate to the admission portal.
2. Register as new candidates and then login to the student account to fill out the application form.
3. After filling out the form, pay the application fee of INR 1,800.
4. Click on the submit button to submit the application successfully.
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.
IBS Mumbai PGPM Cutoff
IBS Mumbai PGPM cutoff 2025 is not yet disclosed. This is the score that candidates need to score for admission to IBS Mumbai. Check IBS Mumbai cutoff for PGPM course based on the CAT percentile in the table given below:
4Post Graduate Program in Management (PGPM) - IBS Mumbai : CAT percentile Cutoff (General-All India)
| Section | 2022 | 2023 | 2024 |
|---|---|---|---|
| Overall | 70 | 70 | 70 |
| Quants | 40 | 40 | 40 |
| VA-RC | 40 | 40 | 40 |
| DI-LR | 40 | 40 | 40 |
Commonly asked questions On Cutoff
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
The minimum eligibility for IBS Mumbai PGDM is graduation in any discipline with a minimum aggregate of 50% with the medium of study being English. Atleast of 15 years of education must be completed to be eligible. Moreover, the candidates in the last year of the degree programme are also eligible to apply.
IBS Mumbai cutoff percentile for MBA admission through CAT is 70 percentile. Candidates seeking IBS Mumbai admission must have a valid score in order to be eligible for Group Discussions and Personal Interviews. Tabulated below are the year-wise cutoff percentile for IBS Mumbai for CAT:
| Post Graduate Program in Management (PGPM) - IBS Mumbai : CAT percentile Cutoff (General-All India) | |||
|---|---|---|---|
| Section | 2020 | 2021 | 2022 |
| Overall | 70 | 70 | 70 |
| Quants | 40 | 40 | 40 |
| VA-RC | 40 | 40 | 40 |
| DI-LR | 40 | 40 | 40 |
IBS Mumbai PGPM Curriculum
IBS Mumbai PGPM curriculum is a 2-year full-time program. It includes core subjects, electives, case-based learning, and practical training. During first year, there are fundamental management subjects like Marketing Management, Financial Management, Managerial Economics, Organizational Behaviour, Quantitative Methods, Accounting for Managers, and Business Law. Curriculum is more specialised during second year. There are electives like Marketing, Finance, Human Resources as well as advanced management and strategy-oriented courses.
IBS Mumbai PGPM Placements 2025
In IBS Mumbai PGPM placement batch 2025, the highest domestic package was INR 20 LPA. The average package stood at around INR 7.89 LPA. IBS Mumbai achieved a 95% placement rate for this batch. Students got jobs in many industries such as Banking, Consulting, Education, and E-Commerce. Most of these job offers were from Financial Services which emerged as leading recruiting sector. This sector contributed nearly 24% of placement distribution. Major recruiters participating in IBS Mumbai placements 2025 included companies like Google, Deloitte, and KPMG. It highlights a number of opportunities available in may sectors for IBS Mumbai graduates. For more information, refer to IBS Mumbai placement page.
IBS Mumbai Vs Other Institutes: Which is better?
BS Mumbai offers the PGPM programme as a management course designed to build functional and practical business skills, similar to other postgraduate management programmes offered in Mumbai. Students comparing IBS Mumbai PGPM with these colleges may consider factors such as programme duration, eligibility requirements, specialisation options, and institutional placement support. IBS Mumbai remains one of the recognised options for postgraduate management education, though you can still take a look at other colleges offering the same course. Compare the IBS Mumbai PGPM course with other institutes. Also, check out the list of Top MBA Collges in India.
Compare MBA/PGDM at IBS Mumbai with other similar colleges
| College | Median Salary | Total Tuition Fees | Ranking |
|---|---|---|---|
| -/- | ₹ 8.29 L | -/- | |
| -/- | ₹ 16.5 L | #72 Business Today, 2024 | |
| ₹ 15 LPA | ₹ 14.52 L | 101-125 NIRF, 2025 | |
| ₹ 12.5 LPA | ₹ 12 L | -/- | |
| ₹ 8.5 LPA | ₹ 13.5 L | -/- | |
| -/- | ₹ 5.36 L | -/- |
Compare
Commonly asked questions On Comparisons
To know which college to choose, students can compare the options based on significant factors such as fees and the highest salary. To help, presented below is a comparison between the PGPM courses at IBS Mumbai and MIT-WPU, based on fees and the highest salary:
Institute | Course Fee | the highest salary |
|---|---|---|
IBS Mumbai | INR 9.09 lakh | INR 20 LPA |
MIT-WPU | INR 9.40 lakh | INR 30 LPA |
Note: The abovementioned information is as per official sources. However, it is subject to change. Hence, it is indicative.
IBS Mumbai MBA/PGDMExplore Other Courses
IBS Mumbai MBA/PGDMStudents Ratings & Reviews
Placements3.9
Infrastructure3.5
Faculty & Course4.2
Campus Life3.7
Value for Money3.8
(1) 1 person found this helpfulIBS Mumbai PGPM Scholarships 2026
IBS Mumbai PGPM scholarships are aimed to help candidates with excellent performance in IBSAT. The institute offers various scholarships worth INR 10 crore.
Moreover, the scholarships are offered to different categories, such as physically challenged candidates, wards of IBS alumni, IBSAT scores, etc. Check out the below section to know in detail about IBS Mumbai scholarship available for students to avail:
|
Scholarship Name |
Highlights |
|---|---|
|
Merit scholarships for the Class of 2026 |
The minimum scholarship criteria (cutoff score) for a scholarship amount of INR 2 lakh is:
|
|
Merit scholarships for the Class of 2026 |
IBS aims to award 500 merit scholarships for the class of 2026 to deserving candidates falling under the aforementioned categories. Each scholarship amounts to Rs 2 lakh per candidate, with the flexibility of adjusting Rs 1 lakh each in the first and second term installments against the program fee. |
|
Wards of Defence Personnel (In-service/retired) from Army, Air Force, Navy, and Paramilitary Forces |
Children of in-service or retired defence personnel from these forces applying for MBA/PGPM program are offered scholarships |
| For Toppers in IBSAT |
Candidates who secure top ranks in IBSAT |
| For Wards of IBS Alumni |
Children of IBS alumni applying for the MBA/PGPM programme |
| For Physically Challenged Candidates |
Candidates with physical disabilities applying for MBA/PGPM programme |
Note: The above-mentioned scholarship information is as per the official website. However, it is subject to change.
Commonly asked questions On Scholarships
Yes, PGPM students at IBS Mumbai are offered scholarships. The institute provides numerous scholarships worth INR 10 crore. Check out the below list to know all the scholarships available for PGPM students:
- Merit scholarships for the Class of 2026
- Wards of Defence Personnel (In-service/retired) from Army, Air Force, Navy, and Paramilitary Forces
- For Toppers in IBSAT
- For Physically Challenged Candidates
- For Wards of IBS Alumni
Yes, IBS Mumbai offers a lot of merit-based scholarships for PGPM students based on the scores achieved in CAT, XAT, GMAT, NMAT, and IBSAT entrance exams. Check out the list below to know more-
- For CAT: Top 75 candidates with a minimum score of 90 percentile and above
- For XAT: Top 25 candidates with a minimum score of 80 percentile and above
- For GMAT- The top 25 candidates with a minimum score of 550 and above are qualified for scholarship
- For NMAT by GMAC takes in the top 100 candidates with a minimum score of 225 and above for scholarship
IBS Mumbai PGPM FAQs 2025
Yes, the public sector of India recruits MBA/PGPM graduates in various capacities. Thus, students who have completed the IBS Mumbai PGPM programme are eligible to apply for various government job opportunities. The below table contains some of the job profiles for students to pursue after completing their PGPM degree:
Government Job Profiles | |
|---|---|
Reserve Bank of India (RBI) Grade B Officer | Indian Railways Management Service (IRMS) |
Central Excise and Customs Inspector (C&CE) | Security and Exchange Board of India (SEBI) Grade A Officer |
Probationary Officer in Banks | Quality Assurance Manager |
IBS Mumbai offers a comprehensive PGPM programme. Upon completing the programme, students gain knowledge of various domains, such as HR, Marketing, Finance, and more. Thus, students can seek employment opportunities in different domains. The below table showcases job profiles one can pursue after completing the MBA programme:
Job Profile | |
|---|---|
Marketing Manager | HR Aanalyst |
Campaign Manager | Sales Manager |
Investment Banker | Product Manager |
Asset Manager | Financial Analyst |
Corporate Sales | Social Media Marketer |
Note: The job profiles mentioned above are general in nature. Prospective career paths may differ for each student depending on their individual skillset.
Students aspiring to take admission to PGPM at IBS Mumbai are required to submit an application form. The fee to submit the form is INR 1,800. Students must note that this fee is non-refundable. Moreover, it can be paid online via net banking, credit card, debit card, UPI, etc.
Note: The above-mentioned application fee is as per official sources. However, it is subject to change.
Yes, IBS Mumbai offers a PGPM programme. This programme is approved by AICTE and is equivalent to an MBA. Candidates seeking admission can check out the below table to know the key highlights of this programme:
Particulars | Statistics |
|---|---|
Duration | Two years |
Mode | Full time |
Eligibility | 50% in UG degree |
Selection Criteria | IBSAT/CAT/NMAT/GMAT/XAT + PI + Micro Presentation |
Fee | INR 9.1 lakh |
Note: The above information is taken from official sources. However, it is subject to change.
IBS Mumbai PGPM admissions are entrance-based. It accepts various national-level tests which includes XAT that is conducted in January. Moreover, apart from the entrance test score, the students are also evaluated based on performance in the personal interview and micro-presentation round.
IBS Mumbai
Student Forum
Anything you would want to ask experts?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
Answered 6 months ago
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.
J
Contributor-Level 10
Answered 6 months ago
Yes, IBS Mumbai admission 2025 are open. The University accepts IBSAT exam or other national-level entrance exams, such as CAT, GMAT, or NMAT, to get admission to the MBA course. The process of selection is based on Micro Presentation and Personal Interview rounds. Final admission is confirmed post
U
Contributor-Level 10
Answered 6 months ago
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
A
Contributor-Level 10
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Updated on Feb 10, 2026
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Does IBS Mumbai offers research opportunities during the PhD programme?