

IBS Mumbai PG Courses 2025
- Private Institute
- Estd. 1995
IBS Mumbai Admission dates 2025
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FAQs
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% |
ICFAI Business School Mumbai 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.
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-fee payment. Aspiring candidates must qualify the eligibility criteria set by the institute for the desired course.
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.
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 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 |
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% |
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 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 placement trend witnessed during IBS Mumbai PGPM 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 |
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 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 |
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
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 |
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 |
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.
The average salary trends witnessed during IBS Mumbai placements over the past three years are presented below:
Particulars | 2023 PGPM Placement Statistics (In INR) | 2024 PGPM Placement Statistics (In INR) | 2025 PGPM Placement Statistics (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 |
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 |
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.
IBS Mumbai
Student Forum
Answered 3 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 3 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
Answered 5 months ago
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 |
N
Contributor-Level 9
Answered 5 months ago
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.
S
Contributor-Level 9
Answered 5 months ago
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 |
S
Contributor-Level 9
Content authored by:
Updated on Nov 11, 2025
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