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ICFAI Business School, Mumbai
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IBS Mumbai PG Courses 2025

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

IBS Mumbai
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IBS Mumbai Courses & Fees 2025

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CoursesTuition FeesEligibility
MBA/PGDM(1 course)
8.3 LGet Fee Details
Graduation : 50 %
Exams : XATNMAT+2 More
Ph.D.(1 course)
– / –
Graduation : 50 %
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Commonly asked questions
On Fees and Eligibility
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.

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 IBSAT/ CAT/ GMAT/ NMAT by GMAC scores.

Q:   How to apply for IBS Mumbai?
A: 

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:

  1.  Visit the IBSAT official website.
  2. Fill out personal, educational, and other details in the application form.
  3. 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.

ICFAI Business School, Mumbai Fee Structure

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Commonly asked questions
On Fees Breakdown
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 fee for PGPM at IBS Mumbai?
A: 

IBS Mumbai PGPM fees is INR 9.10 lakh. IBS Mumbai fee structure includes many components such as tuition fee, refundable caution deposit, etc. The total fee may differ at the time of payment due to the variables of the fee structure.

IBS Mumbai
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MBA/PGDM

1 CourseStar Icon3.8(205)2 years
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₹8.29 L

Ph.D.

1 Course3 years
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IBS Mumbai
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Post Graduate Program in Management (PGPM)

Star Icon3.82 years
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₹8.29 L

Ph.D. in Management

3 years
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Commonly asked questions
On All Courses
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 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 IBS Mumbai admission process for PGPM?
A: 

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.

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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
Companies like JPMC, Deloitte, KPMG, RB, ITC, Nestle, Asian Paints, Amul, HDFC Bank, ICICI Bank and many more BFSI and FMCG companies visit the campus for final placements.
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
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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
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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
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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
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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
5.0
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
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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:   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:   What is IBSAT 2024 schedule?
A: 

IBSAT is a national level exam conducted by ICFAI Foundation for Higher Education (deemed to be University) for admission to MBA/ PGPM courses. IBSAT 2024 registration will commence in first week of July 2024 and candidates will be able to register themselves on the official website at general.ibsindia.org. IBSAT scores are accepted by nine ICFAI Business Schools (IBS), namely IBS Hyderabad, IBS Mumbai, IBS Bengaluru, IBS Pune, IBS Gurgaon, IBS Kolkata, IBS Ahmedabad, IBS Jaipur, and IBS Dehradun. Tabulated below is the tentative IBSAT 2023 schedule:

Events

Dates

IBSAT 2024 GD-PI

 10 Feb - 18 Feb '24.

IBSAT 2024 Selection Process Result

March 2025

 

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:   Which entrance exam is accepted by IBS Mumbai?
A: 

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.

Q:   Is the PGPM and MBA certificate given by IBS, Mumbai approved by AICTE?
A: 
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.
Q:   How to download IBSAT scorecard?
A: 

The steps to download IBSAT scorecard are:

  1.  Visit the official website of ICFAI Business School
  2. Click on the tab 'IBSAT results' in the notification bar
  3.  New window will open for IBSAT results
  4.  Enter your login credentials- which are, application number, and password
  5.  Click on the 'Login' button to get your result
  6.  Download and take a printout of IBSAT scorecard
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IBS Mumbai

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What is the IBS Mumbai CAT cutoff 2025?

Answered 3 weeks ago

IBS Mumbai CAT cutoff 2025 was released for admission to the PGPM course for various All India categories. The cutoff was published in the form of percentiles. 

For the General AI category, the overall percentile was 70 and 40 sectional for  to the PGPM programme. Students who attain these percentile

...Read more

N

Neerja Rohatgi

Contributor-Level 10

Are IBS Mumbai admissions open?

Answered a month ago

IBS Mumbai conducts the admission process for all the PG courses in online mode. Interested candidates can fill the admission forms through the official website. The admissions ICFAI Business School Mumbai are currently ongoing. Interested candidates can go to the ICFAI Business School Mumbai websit

...Read more

84134530
Tanu Rao

Contributor-Level 10

What are the documents required during IBS Mumbai application process?

Answered a month ago

IBS Mumbai requires the following documents at the time of application:

  • Class 10 and Class 12 marksheet
  • Bachelor's degree
  • Passport size photograph
  • Aadhar Card
  • Caste Certificate (if applicable)

84134530
Tanu Rao

Contributor-Level 10

What is the mode of application at IBS Mumbai?

Answered a month ago

IBS Mumbai conducts the application process for all courses in online mode. The application form can be filled through the official website of the college. The admissions to IBS Mumbai are now open for all courses. Candidates can check the eligibility and apply accordingly.

84134530
Tanu Rao

Contributor-Level 10

What is the eligibility criteria for admission to PGDM at IBS Mumbai?

Answered a month ago

IBS Mumbai offers PGDM for a duration of 2 years. The eligibility for PGDM courses at ICFAI Business School Mumbai is graduation/ bachelor's degree in any stream with the specified minimum aggregate. In addition to this, candidates must qualify any of the accepted entrance exams, followed by an inte

...Read more

84134530
Tanu Rao

Contributor-Level 10

Content authored by:

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Pooja Sharma

Updated on Nov 11, 2025

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