

IBS Mumbai PG Courses 2025
- Private Institute
- Estd. 1995
IBS Mumbai Admission dates 2025
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MBA/PGDM Applications open till Dec , 2025. Apply Now
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FAQs
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
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.
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.
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 |
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 |
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.
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 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 |
The placement rate recorded during IBS Mumbai placements 2025 and previous two years was 95%. Earlier, in 2024 and 2023, the placement rate was 98%.
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 |
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 |
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 accepts applications via online and offline modes. For offline applications, aspirants need to visit the campus in person. Moreover, PGPM course admission is through IBSAT. Thus, aspirants must complete IBSAT registration. Aspirants seeking admission through any other entrance test can visit the official website to apply. The steps to be followed for online application form submission are as follows:
- Visit the IBSAT official website.
- Fill out personal, educational, and other details in the application form.
- Proceed and pay the application fee of INR 1,800 to submit the application successfully.
After the fee payment, candidates are informed through mail/SMS with the application number and password.
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 application process in both online and offline modes. Further, the steps to complete the online application procedure are as follows:
- Register on the official website of IBS Mumbai
- Fill up the application form with your personal and academic details.
- Upload the required documents and photographs.
- Pay the application fee of INR 1,800 using credit/debit cards or net banking after submitting the application form.
- Candidates must then choose 'I Agree' to the declaration statement and submit the application form.
Yes, IBS Mumbai is approved by many national ranking bodies. It is approved by the UGC and is a member of APMI (Association of Management Development Institutions in India). Students can apply for admission to this college by going to the official website of the college and paying INR 10,000 as the refundable caution deposit. The institute has an excellent placement record for all courses that they offer, such as MBA, PGDM, and Executive MBA.
Yes, there are plenty of networking events and mentorships opportunities available at IBS Mumbai. The college regularly organises mentorship programme with faculty members guiding students in academic, career, and networking topics. There are also clubs, such as E-Cell, that takes care of seminars, and networking events to help connect students with startups and entrepreneurs.
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.
IBS Mumbai
Student Forum
Answered 2 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
U
Contributor-Level 8
Answered 2 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 8
Answered 2 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 2 months ago
ICFAI Business School Mumbai has a high cost due to its reputation, strong placement record, and the perceived value of its MBA programme within the private sector. While the tuition fee is substantial, the placements and the overall learning experience, including faculty and course structure, is up
L
Contributor-Level 9
Answered 2 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
A
Contributor-Level 8
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Updated on Feb 27, 2025
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