What is the highest package offered at IBS Mumbai?

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

Is the PGPM and MBA certificate given by IBS, Mumbai approved by AICTE?

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.

Can I get direct admission to IBS Mumbai?

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.

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IBS Mumbai PG Courses 2025

Powai, Mumbai

3.8 /5

(205 Reviews)

378 Student Q&A

Private Institute
Estd. 1995

Last updated on 11 Nov '25

IBS Mumbai
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IBSAT 2025 Applications are LIVE. Apply Now

IBS Mumbai admissions 2026 are open. Interested students can visit the official website to apply for their desired course. Other latest updates are below:

The IBSAT 2025 applications are open for the MBA/PGPM 2026 intake, and the application submission is available up to Dec 19, 2025. Additionally, the IBSAT 2025 test will be conducted on Dec 27 and Dec 28, 2025.

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IBS Mumbai Overview

Table of contents

IBS Mumbai Courses & Fees 2025
ICFAI Business School, Mumbai Fee Structure
IBS Mumbai Admission dates 2025
IBS Mumbai All programs
IBS Mumbai All courses
IBS Mumbai Student reviews
IBS Mumbai Courses & Fees FAQs

IBS Mumbai Courses & Fees 2025

ICFAI Business School, Mumbai offers MBA/PGDM, etc. at PG level. At The university offers admission to candidates meeting the eligibility and selection criteria. Check below the fees and eligibility for the courses:

Courses	Tuition Fees	Eligibility
MBA/PGDM(1 course)	8.3 LGet Fee Details	Graduation : 50 % Exams : NMAT XAT+2 More
Ph.D.(1 course)	– / –	Graduation : 50 %

Commonly asked questions
On Fees and Eligibility

Q: How difficult is it to get into IBS Mumbai for PGDM?

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: How costly is studying at IBS Mumbai?

IBS Mumbai is a well known institute which offers PGDM programme to the students. The fee structure for the MBA programme is INR 9.1 lakh. The fee structure inculdes tuition fee for the two-year programme. The highest and average package offered during IBS Mumbai placements 2024 stood at INR 20 LPA and INR 8.03 LPA, respectively. The institute has good ROI as per the fee structure.

Q: Does IBS Mumbai accept CAT percentile?

Yes, IBS Mumbai accepts CAT, IBSAT, and other exams to shortlist candidates for the MBA exam. Candidates aspiring to take admission at ICFAI Business School (IBS), Mumbai must meet the eligibility requirements laid down by IBS and should have the relevant documents to complete the admission process. Given below are the eligibility and selection process for course offered at IBS Mumbai.

ICFAI Business School, Mumbai Fee Structure

ICFAI Business School, Mumbai fee structure gets renewed every year by the authority. As per the 2025 fee structure is INR 9,09,000. After final selection, the fee payment must be done for seat confirmation. The below table mentions more ICFAI Business School, Mumbai fee information:

Course Name	One-Time Fee	Tuition Fee	Hostel Fee
MBA/PGDM	INR 1,800	INR 9,09,000

IBS Mumbai
Admission dates 2025

MBA/PGDM Admissions 2026

1 Course2 years

Eligibility

Undergraduate Degree with 50% aggregate
Accepting Exams: NMAT, XAT, IBSAT, CAT

Important dates

Dates	Events
20 Dec '25	XAT 2026 admit card download startsOngoing
5 Nov '25 - 21 Dec '25	NMAT 2025 Result DeclarationOngoing
27 Dec '25 - 28 Dec '25	IBSAT 2025 Exam Date

Admission Details for all courses

IBS Mumbai
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Showing 2 Programs

MBA/PGDM

1 Course

3.8(205)2 years

Exams Accepted

Placement Rating

3.9

Total Tuition Fees

₹8.29 L

Get Fee Details

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

Ph.D.

1 Course3 years

Exams Accepted

– / –

Median Salary

– / –

Total Tuition Fees

– / –

IBS Mumbai
All courses

Showing 2 Courses

Post Graduate Program in Management (PGPM)

3.82 years

Seats Offered

– / –

Exams Accepted

Median Salary

– / –

Total Tuition Fees

₹8.29 L

Get Fee Details

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

Ph.D. in Management

3 years

Seats Offered

– / –

Exams Accepted

– / –

Median Salary

– / –

Total Tuition Fees

– / –

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IBS Mumbai
Students Ratings & Reviews

3.8/5

168 Verified Reviews Info Icon

4-5
55
3-4
90
2-3
21
1-2
2

Placements3.9

Infrastructure3.5

Faculty & Course4.2

Campus Life3.7

Value 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

Shreyansh

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

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

Anonymous

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

Anonymous

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

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

(1)

1 person found this helpful

Isha Goel

Post Graduate Program in Management (PGPM) - Batch of 2024

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

View All 205 Reviews

IBS Mumbai Courses & Fees FAQs

FAQs

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

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

IBS Mumbai

Student Forum

Anything you would want to ask experts?

Write here...

Is IBS Mumbai College good for MBA?

Answered 4 months ago

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 institu

Upasana Kumari

Contributor-Level 9

How can I get admission at IBS Mumbai?

Answered 4 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.

Jagriti Shukla

Contributor-Level 10

Is IBS Mumbai admission open for 2025?

Answered 4 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

Upasana Shukla

Contributor-Level 9

Who is eligible for IBS Mumbai?

Answered 4 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

Abhay Arora

Contributor-Level 9

How are IBS Mumbai PGPM placements?

Answered 6 months ago

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