ICFAI Business School, Mumbai
Video Play Icon5 Videos,
10 Photos
ICFAI Business School, Mumbai Logo

IBS Mumbai PG Courses 2025

  • Private Institute
  • Estd. 1995
Dark Clock Icon Last updated on 11 Nov '25

IBS Mumbai
What's new?

Accordion Icon V3
For All Courses
Change

IBS Mumbai Courses & Fees 2025

Accordion Icon V3
CoursesTuition FeesEligibility
MBA/PGDM(1 course)
Graduation : 50 %
Exams : NMATXAT+2 More
Ph.D.(1 course)
– / –
Graduation : 50 %
Q&A Icon
Commonly asked questions
On Fees and Eligibility
Q:   Is IBS Mumbai College good for MBA?
A: 

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. 

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:   Is it worth joining IBS Mumbai?
A: 

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. 

Q:   Can I get direct admission to IBS Mumbai?
A: 

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.

ICFAI Business School, Mumbai Fee Structure

Accordion Icon V3
Q&A Icon
Commonly asked questions
On Fees Breakdown
Q:   What is the highest package offered at IBS Mumbai?
A: 

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

Q:   What is the salary trend witnessed during IBS Mumbai placements?
A: 

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

Q:   What is the highest package offered during IBS Mumbai PGPM placements?
A: 

The highest package offered during IBS Mumbai PGPM 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

INR 18.8 LPA

INR 20 LPA

INR 20 LPA

Highest international package

INR 11.13 LPA

INR 18 LPA

NA

IBS Mumbai
All programs

Filter
Filter Icon
Streams
Down Arrow Icon
Course
Down Arrow Icon
Mode of Study
Down Arrow Icon
Specialization
Down Arrow Icon
5 More
Showing 2 Programs
Star Icon3.9
Apply Icon

MBA/PGDM Applications open. Apply Now

    – / –
– / –
– / –
Q&A Icon
Commonly asked questions
On All Programs
Q:   Where are IBS Mumbai alumni placed?
A: 

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.

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 college should I choose for PGPM among IBS Mumbai and MIT-WPU?
A: 

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
All courses

Showing 2 Courses
– / –
– / –
Apply Icon

MBA/PGDM Applications open. Apply Now

– / –
    – / –
– / –
– / –
Q&A Icon
Commonly asked questions
On All Courses
Q:   What is the placement record at IBS Mumbai over the past few years?
A: 

The key highlights of IBS Mumbai placements over the past three years are 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

Placement rate

98%

98%

95%

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

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:   How are the international placements in IBS Mumbai?
A: 

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

Q:   How is the faculty of IBS Mumbai?
A: 

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.

Recommended Colleges

Explore popular similar colleges

Students who showed interest in IBS Mumbai - MBA also showed interest in

Mumbai
#72 Business Today
₹16.50 L
Pune
101-125 NIRF
₹14.52 L
Pune
₹12.00 L
Mumbai
₹13.50 L

Want better recommendations?

There is a 90% more chance of getting best college recommendations by sharing preferences.
Mumbai
₹5.36 L
Mumbai
#34 Business Today
₹51.00 K
Mumbai
₹7.20 L
Mumbai
#55 Business Today
₹7.00 L
Mumbai
₹10.48 L
Pune
#67 Business Today
₹15.00 L
Confused about which college or exam to opt for?assitentRcpRhsImage
  • Chat with our counselor
  • Get your personalised list of colleges & exams matching your preferences
View allCollections
Is this recommendation relevant?

IBS Mumbai
Students Ratings & Reviews

3.8/5
Verified Icon168 Verified ReviewsInfo Icon
Placement Review IconPlacements3.9
Infrastructure Review IconInfrastructure3.5
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 are JP Morgan, Deloitte, KPMG, Black Rock, EY, ICICI Bank, HDFC, IDFC Banks, etc.
Based on 59 Reviews
DislikesView All
There are many opportunities for marketing aspirants here, But, there are not many good options for finance branch.
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
Thumbs Up IconThumbs Down Icon
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
Thumbs Up IconThumbs Down Icon
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
Thumbs Up IconThumbs Down Icon
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
Thumbs Up IconThumbs Down Icon
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
Thumbs Up IconThumbs Down Icon
View All 205 Reviews
Right Arrow Icon

IBS Mumbai Courses & Fees FAQs

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
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
Q:   How can students join IBS Mumbai?
A: 

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. 

Q:   What is the placement rate recorded during IBS Mumbai placements?
A: 

The placement rate recorded during IBS Mumbai placements over the past three years is presented below:

Particulars

 2023 Placement Statistics 

2024 Placement Statistics 

 2025 Placement Statistics 

Placement rate

98%

98%

95%

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:   How good are the placements at IBS Mumbai?
A: 

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

Q:   What is the PGPM course of IBS Mumbai?
A: 

IBS Mumbai Postgraduate Programme in Management (PGPM) is a two-year course divided into four semesters. The course is offered in a full-time mode. Aspirants seeking admission must meet the minimum eligibility requirements. Moreover, the selection process is entrance-based. Candidates have to appear for IBSAT and secure a good score of admission. However, candidates with a valid score in CAT/XAT/GMAT/NMAT by GMAC with the required minimum score are exempted from IBSAT. Candidates shortlisted based on the exam score are further invited for group discussion and personal interview round. Read here about on Career Scope of PGDM.

Q:   How can I get admission at IBS Mumbai?
A: 

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. Applicant are shortlisted for the final selection round on the basis of their performance in the entrance exam. The final round involves a micro-presentation and a PI. Students who clear all rounds should pay the course fee to secure their seat at this college. 

 

Q:   Who is eligible for IBS Mumbai?
A: 

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. 

Q:   Which is the top recruiting sector during IBS Mumbai placements?
A: 

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.

Q:   What is the total fee of MBA at IBS Mumbai?
A: 

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 IBSATCATGMATNMAT by GMAC scores.

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.

Q:   How is IBS, Mumbai for PGPM?
A: 

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. 

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

 

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

Find below  the trend for IBS Mumbai CAT cutoff for PGPM:

PGPM - IBS Mumbai: CAT percentile Cutoff (General-All India)

Section

2019

2020

2021

Overall

70

70

70

Quants

40

40

40

VA-RC

40

40

40

DI-LR

40

40

40

NOTE: It is as per an unofficial source.

qna

IBS Mumbai

Student Forum

chatAnything you would want to ask experts?
Write here...

Answered 6 days 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

Gaurika Chhabra

Contributor-Level 10

Answered 6 days 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

Gaurika Chhabra

Contributor-Level 10

Answered 6 days ago

IBS Mumbai selection criteria for the course offered is entrance-based. The scores of entrance test are considered for the final seat allotment. 

Check the table below to know the eligibility and selection criteria for IBS Mumbai:

Course

Selection Process

PGPM

IBSAT/CAT/GMAT/NMAT by GMAC/XAT + Micro Presentation + Personal Interview

 

G

Gaurika Chhabra

Contributor-Level 10

Answered 6 days ago

To get admission in ICFAI Business School, Mumbai courses, students must meet the eligibility. The eligibility is to have valid scores in last qualifying exam.

Check the table below to know the eligibility for IBS Mumbai courses:

Course

Eligibility

PGPM

UG degree in any discipline with a minimum of 50% aggregate

G

Gaurika Chhabra

Contributor-Level 10

Answered 6 days ago

Yes, IBS Mumbai offers relevant financial assistance to students. ICFAI Business School (IBS) offers scholarships to top performers in the IBSAT test, which is held in the last week of December. The scholarships are open to candidates applying for the MBA/PGPM programme and taking the IBSAT test.

G

Gaurika Chhabra

Contributor-Level 10

Content authored by:

author image
Pooja Sharma

Updated on Nov 11, 2025