

IBS Mumbai PG Courses 2025
- Private Institute
- Estd. 1995
IBS Mumbai Admission dates 2026
IBS Mumbai All programs
Commonly asked questions On All Programs
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.
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 |
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.
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Commonly asked questions On All Courses
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 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 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 |
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IBS Mumbai Courses & Fees FAQs
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
IBS Mumbai is a well known institute which offers PGDM programme to the students. The fee structure for the MBA programme is INR 9.1 lakh. The fee structure inculdes tuition fee for the two-year programme. The highest and average package offered during IBS Mumbai placements 2024 stood at INR 20 LPA and INR 8.03 LPA, respectively. The institute has good ROI as per the fee structure.
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.
IBS Mumbai PGPM final selection is based on entrance test scores, past academic record, and performance in Micro Presentation and PI. Admissions are strictly merit-based and there is no direct admission. Perform well across all components to secure a seat. This keeps the selection process transparent.
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
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.
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.
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.
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.
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% |
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.
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.
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.
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 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
Student Forum
Answered a week 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
N
Contributor-Level 10
Answered 3 weeks 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
Answered 3 weeks 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.
Answered 3 weeks 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
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Updated on Nov 11, 2025
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