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IBS Mumbai PGPM Courses & Fees 2027: Admission, Eligibility, Cut-off & Placements
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- Estd. 1995
Last updated on 28 Sep '26IBS Mumbai MBA/PGDMWhat's new?
IBS Mumbai admissions are open for MBA 2027-2029 session. A few more updates are as follows:
- IBSAT 2026 registration process for the IBS Mumbai MBA admission has started. Students can register until Dec 1, 2026. The IBSAT 2026 examination will be conducted on Dec 5 to 6, Dec 12 to 13, Dec 19, Dec 26 to 27, and Dec 29, 2026.
- The last date to apply for IBSAT is Dec 22, 2026. For test date details, download IBSAT-2026-TestDates
- The XAT 2027 registrations for IBS Mumbai MBA admission are ongoing and can be done till Dec 6, 2026.
- NMAT 2026 Scheduling Window for IBS Mumbai MBA / PGDM admission will be ongoing till Oct 22, 2026.
- The CAT 2026 registrations for IBS Mumbai MBA/PGDM admission are now closed. The admit cards download will begins from Nov 4, 2026 and the CAT exam will be held on Nov 29, 2026.
IBS Mumbai PGPM Highlights 2027
IBS Mumbai MBA course is an equivalent PGPM course which has a duration of two years. There are four specialisations of PGPM at IBS Mumbai which include PGPM in Finance, Marketing, Human Resources and Operations.
Check out more details about PGPM course from below:
- Total tuition fees for PGPM courses stands at INR 9.09 lakh.
- CAT cutoff for admission into PGPM course stood at 70 last year for general category.
- Average package earned by students of PGPM course stood at INR 7.89 lakh.
- PGPM students can secure scholarships based on merit in either IBSAT, CAT, GMAT, NMAT or XAT.
Criteria for IBS Mumbai PGPM admission has been shown below:
- Eligibility Criteria: Completed UG level graduation from any course with a minimum duration of the three years with 50% or higher aggregate.
- Selection Criteria: CAT/XAT/GMAT/NMAT or IBSAT
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
ICFAI Business School (IBS) Mumbai offers a PG programme in the Management stream. To be eligible for the MBA programme, students must have a bachelor's degree from a recognised university. Students' selections are based on IBSAT/CAT/GMAT/NMAT by GMAC/XAT by appearing one of the exam and prepare for Micro Presentation and Personal Interview.
IBS Mumbai 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.
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.
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 MBA/PGDMPopular courses
MBA/PGDM Applications open. Apply Now
Commonly asked questions On All Courses
IBS Mumbai offers PGPM for a duration of 2 years. The eligibility for PGDM courses at ICFAI Business School Mumbai is graduation/ bachelor's degree in any stream with the specified minimum aggregate. In addition to this, candidates must qualify any of the accepted entrance exams, followed by an interview and micro-presentation.
The total fee of PGPM programme at IBS Mumbai is INR 9.09 lakh. In addition, students have to pay Rs 10,000 as refundable caution deposit along with the 1st installment of fee across all the campuses.Living expenses are extra. This number is taken from the official sources of college. It can change.
IBS Mumbai conducts IBSAT exam for admission into PGPM programme. However, the college also considers valid score of other entrance exams such as: CAT/XAT/NMAT/GMAT. So, IBSAT is not compulsory dor PGPM admission.
IBS Mumbai MBA/PGDMIBS Mumbai PGPM Fees 2027
The total tuition fee for the two-year PGPM program at ICFAI Business School (IBS) Mumbai is INR 9.09 lakh.
Fee Breakdown and Additional Costs
-
Tuition / Programme Fee: INR 9.09 lakh for the entire two-year course, payable in structured installments (such as an initial registration payment followed by semester/periodic parts).
-
Caution Deposit: A refundable caution deposit of INR 10,000 is paid once along with the first fee installment.
-
Application / Entrance Fee: The IBSAT registration fee is INR 1,800 if applying through the institute's primary test.
-
Living & Hostel Expenses: IBS Mumbai is a non-residential campus with no on-campus hostel facilities, meaning students must budget separately for local PG accommodations and living costs in Mumbai.
Interested students can visit the IBS Mumbai fee page to know the complete fee structure.
| Fee components | Amount (for 2 years) |
|---|---|
₹ 9.09 L | |
₹ 10 K | |
₹ 9.19 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.
The IBS Mumbai application process is conducted in online and offline modes. The application fee of IBSAT exam is INR 1,800. The exam will be conducted in December 2026.
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IBS Mumbai MBA/PGDMAdmission dates 2026
| Dates | Upcoming Events |
|---|---|
20 Aug '26 - 25 Oct '26 | NMAT 2026 Registration WindowOngoing |
1 Nov '26 | MBA/PGDM Document Submission - Graduation marksheet |
2 Nov '26 - 20 Nov '26 | NMAT 2026 Result Declaration |
4 Nov '26 - 29 Nov '26 | CAT 2026 admit card download |
29 Nov '26 | CAT 2026 exam date |
| Dates | Past Events |
|---|---|
3 Aug '26 - 22 Sep '26 | CAT 2026 application submission |
IBS Mumbai PGPM Admission & Application Process 2027
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. In the absence of any accepted entrance exam scores, IBSAT results will be considered for selection.
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
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 PGPM application fees 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 their registered email ID.
STEP 3: Selection Process
Shortlisted students are further called for a personal interview and a micro-presentation. The final selection for IBS Mumbai admission 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.
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.
ICFAI Business School 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 MBA/PGDMAdmission cutoff 2026
MBA/PGDM CAT Cut Off 2025: Year-Wise percentile
| Section | 2025 |
|---|---|
| Overall | 70 |
| Quants | 40 |
| VA-RC | 40 |
| DI-LR | 40 |
Cut-off data is indicative and not official.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. The top 10% and 25% of the PGPM batch received average package of INR 11.97 LPA and INR 10.67 LPA respectively. 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 MBA/PGDMComparison with similar colleges
Compare MBA/PGDM at IBS Mumbai with other similar colleges
| College | Median Salary | Total Tuition Fees | Ranking |
|---|---|---|---|
| -/- | ₹ 9.09 L | -/- | |
| -/- | ₹ 16.5 L | #21 Times, 2026 | |
| ₹ 8.5 LPA | ₹ 13.5 L | -/- | |
| ₹ 15 LPA | ₹ 15.36 L | 101-125 NIRF, 2025 | |
| ₹ 10.4 LPA - 12.1 LPA | ₹ 8.99 L - 10.5 L | -/- | |
| -/- | ₹ 10 L - 12 L | -/- |
Compare
IBS Mumbai PGPM Scholarships
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 tabke to know in detail about IBS Mumbai scholarships-
|
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 programme 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 the 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 MBA/PGDMStudents Ratings & Reviews
Placements3.9
Infrastructure3.5
Faculty & Course4.2
Campus Life3.7
Value for Money3.8
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IBS Mumbai
Student Forum
Anything you would want to ask experts?Answered 6 months ago
IBS Mumbai CAT cutoff 2025 was released for admission to the PGPM course for various All India categories. The cutoff was published in the form of percentiles.
For the General AI category, the overall percentile was 70 and 40 sectional for to the PGPM programme. Students who attain these percentile
N
Contributor-Level 10
Answered 6 months ago
IBS Mumbai conducts the admission process for all the PG courses in online mode. Interested candidates can fill the admission forms through the official website. The admissions ICFAI Business School Mumbai are currently ongoing. Interested candidates can go to the ICFAI Business School Mumbai websit
Contributor-Level 10
Answered 6 months ago
IBS Mumbai MBA/ PGM tuition fee costs around INR 8.29 L. This fee is exclusive of other components such as examination fee, application fee, hostel fee, security deposit, etc. This fee is taken from the official website. It is subject to change.
Contributor-Level 10
Answered 7 months ago
IBS offers PGPM (Postgraduate Program in Management) at five IBS campuses including Mumbai. The duration of PGPM programme is two years. The programme is offered in full time mode at the college campus.
G
Contributor-Level 10
Answered 7 months ago
To complete IBS Mumbai application process, students must submit the necessary documents. The list documents for the application process is given below
- Class 10 and Class 12 marksheet
- Bachelor's degree
- Passport size photograph
- Aadhar Card
- Caste Certificate (if applicable)
G
Contributor-Level 10
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Updated on Sep 28, 2026
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