

IBS Mumbai PG Courses 2025
- Private Institute
- Estd. 1995
IBS Mumbai Admission dates 2026
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FAQs
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
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.
Students can refer the table below for details on campus-wise salary data and placement rate in order to figure out the best IBS campus in terms of placements:
IBS Campus Name | Highest Package (2025)(In INR) | Average Package (2025) (In INR) | Placement Rate (2025) (In INR) |
|---|---|---|---|
IBS Mumbai | 20 LPA | 7.89 LPA | 95% |
21 LPA (Domestic) | 9.82 LPA | 93% | |
9 LPA (Domestic) 12.5 LPA (International) | 7.09 LPA | 95% | |
16.42 LPA | 7.95 LPA | 99% | |
12.76 LPA 41.4 LPA (International) | 7.14 LPA | 95% | |
22 LPA | 7.66 LPA | 95% | |
10.7 LPA | 7.11 LPA | 99% | |
10.34 LPA | 7.81 LPA | 95% | |
16.42 LPA | 7.76 LPA | 90% |
The key highlights of IBS Mumbai PGPM placements 2024 are presented below:
Particulars | PGPM Placement Statistics (2025) |
|---|---|
Highest domestic package | INR 20 LPA |
Average package | INR 7.89 LPA |
Placement rate | 95% |
Top 10% average package | INR 11.97 LPA |
Top 25% average package | INR 10.67 LPA |
The sector-wise placement distribution recorded during IBS placements 2025 is presented below:
Sectors | 2025 Placement Distribution |
|---|---|
Banking | 15% |
Consulting | 7% |
Education | 3% |
E-Commerce | 3% |
Financial Services | 24% |
FMCG / Retail | 4% |
Global Capability Center | 8% |
Infra / Telecom / Real Estate | 7% |
Insurance | 7% |
ITES | 12% |
Manufacturing / Construction | 3% |
Media & Research | 1% |
Hospitality / Tourism | 2% |
Pharma / Healthcare | 1% |
Logistics | 2% |
Others | 3% |
Note: The sector-wise placement distribution data presented above is the overall data of all the IBS campuses.
The batch-wise average package offered during IBS Mumbai placements over the past three years is presented below:
Particulars | 2023 PGPM Placement Statistics In INR | 2024 PGPM Placement Statistics In INR | 2025 PGPM Placement Statistics In INR |
|---|---|---|---|
Highest domestic package | 18.8 LPA | 20 LPA | 20 LPA |
Top 10% average package | 13.3 LPA | 13.56 LPA | 11.97 LPA |
Top 25% average package | 11.01 LPA | 11.45 LPA | 10.67 LPA |
Financial Services sector emerged as the top recruiting sector that placed 24% of the total students. The sector-wise placement distribution recorded during IBS placements 2024 is presented below:
Sectors | Placement Distribution (2025) |
|---|---|
Banking | 15% |
Consulting | 7% |
Education | 3% |
E-Commerce | 3% |
Financial Services | 24% |
FMCG / Retail | 4% |
Global Capability Center | 8% |
Infra / Telecom / Real Estate | 7% |
Insurance | 7% |
ITES | 12% |
Manufacturing / Construction | 3% |
Media & Research | 1% |
Hospitality / Tourism | 2% |
Pharma / Healthcare | 1% |
Logistics | 2% |
Others | 3% |
Note: The sector-wise placement distribution data presented above is the overall data of all the IBS campuses.
The salary trend witnessed during IBS Mumbai placements over the past three years is presented below:
Particulars | PGPM Placement Statistics (2023) | PGPM Placement Statistics (2024) | PGPM Placement Statistics (2025) |
|---|---|---|---|
Highest domestic package | INR 18.8 LPA | INR 20 LPA | INR 20 LPA |
Highest international package | INR 11.13 LPA | INR 18 LPA | NA |
Average package | INR 8.17 LPA | INR 8.03 LPA | INR 7.89 LPA |
Top 10% average package | INR 13.3 LPA | INR 13.56 LPA | INR 11.97 LPA |
Top 25% average package | INR 11.01 LPA | INR 11.45 LPA | INR 10.67 LPA |
The highest international package offered during IBS Mumbai placements over the past three years is presented below:
Particulars | Placement Statistics (2022) | Placement Statistics (2023) | Placement Statistics (2024) |
|---|---|---|---|
Highest international package | INR 53.45 LPA | INR 11.13 LPA | INR 18 LPA |
The key highlights of IBS Mumbai placements 2025 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 |
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.
IBSAT 2025 scorecard will be released tentatively in last week of December 2025. Only candidates who will appear for the IBSAT exam scheduled to be held in last week of December 2025 will be able to download scorecard by referring the steps mentioned below:
- Visit the official website of ICFAI Business School
- Click on the tab ‘IBSAT 2025 results’ in the notification bar
- New window will open for IBSAT 2025 results
- Enter your login credentials- which are, application number, and password
- Click on the 'Login' button to get your result
- Download and take a printout of IBSAT scorecard
The admission process at IBS Mumbai requires a bachelor's degree with a minimum of 50%. Entrance exams are mandatory for most courses. Students must first appear for national-level entrances and then move on to university-level selection rounds for final admission. IBS Jaipur offers full-time MBA/PGDM courses for two years and qualify in CAT/IBSAT/NMAT/XAT. It is mandatory for students to qualify the national entrance exam before admission.
The list of top recruiters during IBS Mumbai PGPM placements 2023 is presented below:
IBS Mumbai Top Recruiters | |
|---|---|
Deloitte | |
EY | Oracle |
KPMG | HCL |
Tata Capital | Wipro |
ICICI Bank | PwC |
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 has well-educated faculty. Most of the faculty are PhD and Masters degree holders. The institute also invites faculty for guest lectures and offers an opportunity to students to interact with some of the best personalities.
ICFAI Business School, Mumbai admission process for PGPM programme is entirely entrance-based. The applicants are shortlisted based on merit in the accepted exams such as IBSAT/CAT/ GMAT /NMAT by GMAC/XAT. Candidates fulfilling the prescribed criteria are exempted from IBSAT exam. Further, the shortlisted candidates are called for personal interview and group discussion round. The final selection is done based on performance in the selection rounds. Read more on admission process, here.
According to data gathered from unofficial sources, Business Development domain has placed the most number pf IBS Mumbai students. The domain-wise IBS Mumbai alumni placement statistics are presented below:
Note: The “Others” category includes the domains of Operations, Education, Human Resources, Information Technology, Research, Consulting, Accounting, Customer Success and Support, Product Management, Program and Project Management and Media and Communication.
The above-mentioned alumni data is gathered from unofficial sources and hence may vary.
IBS Mumbai
Student Forum
Answered 5 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 5 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 5 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 5 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 9
Answered 5 months ago
The four-year PhD programme offered at IBS Mumbai involves five stages. These include courses, research workshops and projects, PhD qualifying examination, progress seminars, thesis proposal, and thesis work. During the first year, eight courses on seminars, interdisciplinary studies, and research m
a
Contributor-Level 9
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Updated on Nov 11, 2025
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Does IBS Mumbai offers research opportunities during the PhD programme?