ICFAI Business School, Mumbai
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IBS Mumbai MBA Courses & Fees 2025: Admission 2025, Eligibility, Cut-off & Placements

  • Private Institute
  • Estd. 1995
Dark Clock Icon Last updated on 5 Jul '25

IBS Mumbai MBA/PGDM
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IBS Mumbai PGPM Eligibility & Highlights 2025

iconReturn on Investment
Total Tuition Fees 8.3L
iconEligibility Criteria
Accepted Exam
  • NMAT
  • XAT
  • IBSAT
  • CAT
  • +3 more
  • Graduation score50%
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    Commonly asked questions
    On Highlights
    Q:   How difficult is it to get into IBS Mumbai for PGDM?
    A: 

    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.

    Q:   What is the CAT cutoff percentile for IBS Mumbai MBA admissions?
    A: 

    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)
    Section202020212022
    Overall707070
    Quants404040
    VA-RC404040
    DI-LR404040
    Q:   Which is a better college among Regenesys, IBS and UBS in terms of placement and faculty?
    A: 

    Regenesys, IBS and UBS are all good colleges with good placement records. However, they each have their own strengths and weaknesses.

    Regenesys is known for its strong international exposure and its focus on experiential learning. The college has a number of partnerships with international universities, and students are encouraged to participate in study abroad programs. Regenesys also has a strong internship program, which helps students to gain practical experience in their chosen field.

    IBS is known for its strong academic reputation and its focus on research. The college has a number of well-respected faculty members, and students have the opportunity to participate in cutting-edge research projects. IBS also has a strong placement record, with graduates going on to work for top companies in the industry.

    UBS is known for its strong industry connections and its focus on practical skills. The college has a number of alumni who work in the industry, and students have the opportunity to network with them. UBS also has a strong internship program, which helps students to gain practical experience in their chosen field.

    In terms of faculty, all three colleges have good faculty members. However, IBS and Regenesys have a slightly stronger faculty than UBS.

    IBS Mumbai MBA/PGDM
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    MBA/PGDM Applications open till Dec , 2025. Apply Now

    IBS Mumbai
    Fees details 2025

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    Fee componentsAmount (for 2 years)
    ₹ 8.29 L
    ₹ 80 K
    ₹ 9.09 L
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    These are estimated fees information. Actual values may differ.

    The value for money rating of this course is 3.8/5 (207 Reviews).View placement detailsExternal Link Icon Placement Insight Icon
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    IBS Mumbai PGPM Admission Dates 2025

    DatesUpcoming Events
    1 Aug '25 - 18 Oct '25
    NMAT 2025 Registration WindowOngoing
    5 Nov '25 - 30 Nov '25
    CAT 2025 admit card download
    30 Nov '25
    CAT 2025 exam
    10 Jul '25 - 5 Dec '25
    XAT 2026 Exam registrationOngoing
    Jul '25-Dec '25
    MBA/PGDM IBSAT 2025 Applications OpenOngoing
    28 Oct '25 - 16 Dec '25
    NMAT 2025 Admit Card Issuance
    5 Nov '25 - 19 Dec '25
    NMAT 2025 Exam Window
    1 Jul '25 - 19 Dec '25
    IBSAT 2025 RegistrationOngoing
    Dec '25
    CAT 2025 result announcementTentative
    20 Dec '25
    XAT 2026 admit card download starts
    DatesPast Events
    1 Aug '25 - 20 Sep '25
    CAT 2025 registration
    Q&A Icon
    Commonly asked questions
    On Admissions
    Q:   What is IBS Mumbai cutoff 2024 for MBA?
    A: 

    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.

    Q:   Which entrance exam is required for MBA at IBS Mumbai?
    A: 

    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.

    Q:   Does IBS Mumbai accept CAT score for MBA?
    A: 

    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.

    IBS Mumbai PGPM Admission 2025: How to Apply?

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    On Application Process
    Q:   How to apply online for PGPM admissions at IBS Mumbai?
    A: 

    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. 

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    Q:   What documents are required while applying for IBS Mumbai PGPM admissions?
    A: 

    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)
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    Q:   Is it compulsory to take IBSAT exam for admission to PGPM at IBS Mumbai?
    A: 

    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
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    IBS Mumbai PGPM Cutoff

    MBA/PGDM CAT Cut Off 2024: Year-Wise percentileAccordion Icon V3
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    Post Graduate Program in Management (PGPM) - IBS Mumbai : CAT percentile Cutoff (General-All India)
    Section202220232024
    Overall707070
    Quants404040
    VA-RC404040
    DI-LR404040

    IBS Mumbai PGPM Placements 2024

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    Commonly asked questions
    On Placements
    Q:   How is ICFAI, Mumbai in terms of placements and industrial exposures? Is it worth for MBA?
    A: 

    Yes, IBS Mumbai is totally worth it for MBA, whether it be for course syllabus, placements, and industrial exposure. IBS Mumbai has an excellent placement record, with the college's placement cell helping students with their resume writing, interviews, and portfolio development. The placement cell also organises campus interviews with both private and government companies visiting the campus. 

    In terms of industrial exposure, the college regularly organises industry visits, and helps students with internships and projects with their tie-ups in the corporate sector. IBS Mumbai also has plenty of clubs that give students ample opportunity to network with other peers. 

    IBS Mumbai Vs Other Institutes: Which is better?

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    Compare MBA/PGDM at IBS Mumbai with other similar colleges

    CollegeMedian SalaryTotal Tuition FeesRanking
    -/-₹ 8.29 L -/-
    ₹ 8.4 LPA₹ 16.5 L#72 Business Today, 2024
    ₹ 8.5 LPA₹ 13.5 L -/-
    ₹ 15 LPA₹ 13.72 L101-125 NIRF, 2025
    ₹ 10.5 LPA₹ 51 K#34 Business Today, 2024
    ₹ 12.5 LPA₹ 11 L -/-
    The values are of the latest years available with Shiksha. For more details, check detailed comparison
    View comparisonsRight Arrow Icon
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    Commonly asked questions
    On Comparisons
    Q:   Which option is better for PGPM, IBS Mumbai or ITM Business School?
    A: 

    To know which is a better choice, students must weigh both options based on important factors such as fees and the highest salary. As per official sources, the fees to pursue PGPM at IBS Mumbai and ITM Business School is INR 9.09 Lacs and INR 12.45 lakh, respectively. In terms of fees, IBS Mumbai is a better choice. 

    Moreover, as per placement data available on Shiksha, the highest salaries offered to PGPM students at IBS Mumbai and ITM Business School are INR 20 LPA and INR 14 LPA. In terms of package, PGPM from IBS Mumbai is a better choice.

    Note: The above information is taken from various official sources. Hence, it is indicative.

    Q:   Which college is more affordable for PGPM among IBS Mumbai and MIT-WPU?
    A: 

    Both IBS Mumbai and MIT-WPU are good options to pursue PGPM. However, in terms of affordability,  IMS Mumbai is slightly more affordable since the tuition fees to pursue PGPM at IBS Mumbai is INR 9.09 lakh, and the tuition fee to pursue PGPM at MIT-WPU is INR 9.40 lakh.

    Note: The fee mentioned above is as per the official sources. However, it is indicative and subject to change.

    IBS Mumbai MBA/PGDM
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    IBS Mumbai MBA/PGDM
    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
    Top recruiting companies like JP Morgan, Delloite, Neilson, ITC, ICICI Bank, Nestle, and Amazon.com visited our campus for 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
    Thumbs Up Icon(1) Thumbs Down Icon1 person found this helpful
    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 PGPM Scholarships 2025

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    Commonly asked questions
    On Scholarships
    Q:   Does IBS Mumbai offer scholarships to PGPM students?
    A: 

    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
    Q:   Are there any merit-based scholarships available at IBS Mumbai?
    A: 

    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-

    1.  For CAT: Top 75 candidates with a minimum score of 90 percentile and above
    2.  For XAT: Top 25 candidates with a minimum score of 80 percentile and above
    3.  For GMAT- The top 25 candidates with a minimum score of 550 and above are qualified for scholarship
    4.  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

    Q:   What career prospects can I expect after completing the PGPM course offered by IBS Mumbai?
    A: 

    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.

    Q:   Is a good entrance exam score enough for IBS Mumbai PGPM admission?
    A: 

    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.

    Q:   Are there any government job opportunities that I can seek after completing IBS Mumbai PGPM programme?
    A: 

    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 

    Q:   What is the eligibility criteria for IBS Mumbai PGPM course admission?
    A: 

    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. 

    Q:   What is the total tuition fee for PGPM programme at IBS Mumbai?
    A: 

    Candidates who are offered admission to the IBS Mumbai PGPM programme are required to pay the first installment of tuition fees. The total tuition fee for the PGPM programme amounts to INR 9.09 lakh, as per official sources.

    Note: The above-mentioned fee is as per the official sources. However, it is indicative and subject to change.

    Q:   Is the PGPM and MBA certificate given by IBS, Mumbai approved by AICTE?
    A: 
    The 2-year full-time PGPM program is an industry accepted management program. It does not have AICTE recognition but that does not matter as companies visit every year for recruitment. So as far as you are getting placed through campus it will not be a problem and on the other side the institute also provides an option to opt for the MBA degree program which is offered by ICFAI University Dehradun on self-study mode basis which will parallelly get completed with the PGPM program and that degree is UGC approved. So you can apply for Ph.D or any public sector job with this MBA degree also. P.S: AICTE approval is given to autonomous institute only which provide PGDM whereas UGC approval is given to universities providing MBA degree. Do not mix up both. Hope this is clear.
    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:   Is it possible to get admission in IBS Mumbai PGPM programme without CAT?
    A: 

    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.

    Q:   Does IBS Mumbai offer PGPM course?
    A: 

    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.

    Q:   When will IBS Mumbai conduct the selection process for PGPM admissions?
    A: 

    The selection process for IBS Mumbai PGPM admissions 2025 is expected to be conducted from 15 Feb 2025 to 24 Feb 2025. The whole selection process is to be conducted at IBS Hyderabad. Students who have been shortlisted for the stage must report to the venue at the specified date. The students would be required to participate in a PI round followed by a micro-presentation round.

    Q:   How are the placements of Finance students at IBS Mumbai this year?
    A: 

    Financial Services sector emerged as the top recruiting sector that placed 26% of the total students during IBS MBA placements 2023. The sector-wise IBS Mumbai PGPM placement distribution 2023 is presented below:

    Note: The “Others” category includes the sectors of Insurance, Manufacturing / Construction, FMCG / Retail, Infra / Telecom / Real Estate, Media & Research, Education and Other Services.

    The detailed sector-wise IBS Mumbai PGPM placement distribution 2023 is presented below:

    Sectors

    PGPM Placement Distribution (2023)

    Financial Services

    26%

    Banking

    24%

    IT / ITES

    15%

    Consulting

    14%

    Insurance

    5%

    Manufacturing / Construction

    4%

    FMCG / Retail

    3%

    Infra / Telecom / Real Estate

    3%

    Media & Research

    2%

    Education

    1%

    Other Services

    3%

    Note: The sector-wise placement distribution data presented above is the overall data of all the IBS campuses.

    Q:   What is the application fee for IBS Mumbai PGPM admissions?
    A: 

    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.

    Q:   When will the IBSAT 2024 results be announced for IBS Mumbai PGPM admissions?
    A: 

    IBS Mumbai conducts IBSAT for admission to its PGPM programme. The exam is generally conducted in December. For 2025 admissions, the IBSAT was conducted in Dec 2024. The results for the exam were announced in the first week of Jan 2025. Candidates who had appeared in the exam can check the results by visiting the official website of the institute.

    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

     

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    Content authored by:

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    Shailja Rawat

    Updated on Jul 5, 2025

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