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IBS Mumbai Courses & Fees 2026: PG, Doctorate Courses

Powai, Mumbai

3.8 /5

(206 Reviews)

422 Student Q&A

Private Institute
Estd. 1995

Last updated on 2 Nov '26

IBS Mumbai
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IBS Mumbai admissions are open for MBA 2027-2029 session. A few more updates are as follows:

IBSAT 2026 application process for admission to the MBA/PGPM programme has commenced.
The last date to apply for IBSAT is Dec 22, 2026. For test date details, download IBSAT-2026-TestDates
CAT 2026 registrations for admission are now closed. The exam will be held on Nov 29, 2026.

IBS Mumbai Overview

Table of contents

IBS Mumbai Courses and Fees 2026
IBS Mumbai Admission dates 2026
IBS Mumbai All programs
IBS Mumbai All courses
IBS Mumbai Student reviews
IBS Mumbai Courses & Fees FAQs

IBS Mumbai Courses and Fees 2026

IBS Mumbai offers several courses for both PG and Doctorate levels. Students can choose any level based on their academic requirement. IBS Mumbai offers courses to the students seeking admission. Some of the courses offered are MBA/PGDM, and Ph.D.. For more course related details, candidates must check the table given below:

Courses	Tuition Fees	Eligibility
MBA/PGDM(1 course)	9.1 LGet Fee Details	Graduation : 50 % Exams : NMAT XAT+2 More

Commonly asked questions
On Fees and Eligibility

Q: Does IBS Mumbai accept students who score below the official cutoff?

No, ICFAI Business School (IBS) Mumbai does not officially accept students who fall below the minimum qualifying cut-off for its entrance exams (such as IBSAT, CAT, NMAT, or XAT), because clearing the threshold is a mandatory prerequisite to receive a call for the selection rounds (Micro Presentation and Personal Interview).

Q: Who is eligible for IBS Mumbai?

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: What is the fee of PGPM programme at IBS Mumbai?

The total fee of PGPM programme at IBS Mumbai is INR 9.09 lakh. In addition, students have to pay Rs 10,000 as refundable caution deposit along with the 1st installment of fee across all the campuses.Living expenses are extra. This number is taken from the official sources of college. It can change.

Q: What is the exam pattern & test structure of IBSAT 2026?

The IBSAT 2026 is a 2-hour computer-based test containing 140 Multiple Choice Questions. It features zero negative marking and no sectional time limits.

Section No	Section Name	Marks
1	Verbal Ability	50
2	Reading Comprehension	30
3	Quantitative Aptitude	30
4	Data Adequacy & Interpretation	30
TOTAL		140

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IBS Mumbai
Admission dates 2026

MBA/PGDM Admissions 2027

1 Course2 years

Eligibility

Undergraduate Degree with 50% aggregate
Accepting Exams: NMAT, XAT, IBSAT, CAT

Important dates

Dates	Events
2 Nov '26 - 20 Nov '26	NMAT 2026 Result DeclarationOngoing
6 Nov '26 - 29 Nov '26	CAT 2026 admit card download Ongoing
29 Nov '26	CAT 2026 exam date

Admission Details for all courses

IBS Mumbai
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Mode of Study

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Showing 1 Program

MBA/PGDM

1 Course

3.8(206)2 years

Exams Accepted

Placement Rating

3.9

Total Tuition Fees

₹9.09 L

Get Fee Details

Commonly asked questions
On All Programs

Q: How to apply for IBSAT to get admission at IBS Mumbai?

IBS Mumbai conducts the application process for all courses in online mode. The step-wise IBSAT application process is given below:

Visit the IBSAT registration portal.
Fill out the admission form with all the information about personal and educational details.
Upload the necessary documents.
Proceed with the application form and pay an application amount of INR 1,800.

Q: What is the PGPM course of IBS Mumbai?

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 is IBS, Mumbai for PGPM?

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 are the documents required during IBS Mumbai application process?

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)

IBS Mumbai
All courses

Showing 1 Course

Post Graduate Program in Management (PGPM)

3.82 years

Seats Offered

– / –

Exams Accepted

Median Salary

– / –

Total Tuition Fees

₹9.09 L

Get Fee Details

Commonly asked questions
On All Courses

Q: Is it worth joining IBS Mumbai?

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: Is the PGPM and MBA certificate given by IBS, Mumbai approved by AICTE?

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?

The steps to download IBSAT scorecard are:

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

Q: Can I get direct admission to IBS Mumbai?

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.

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IBS Mumbai
Students Ratings & Reviews

3.8/5

169 Verified Reviews Info Icon

4-5
55
3-4
91
2-3
21
1-2
2

Placements3.9

Infrastructure3.5

Faculty & Course4.2

Campus Life3.7

Value 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 is no scope for operations and IT branches, But, there is a slight low package for HR aspirants.

Based on 24 Reviews

Shreyansh

Post Graduate Program in Management (PGPM) - Batch of 2026

4.2

5.0Placements4.0Infrastructure4.0Faculty4.0Crowd & Campus Life4.0Value 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

Bhavya Mathreja Verified Icon

Post Graduate Program in Management (PGPM) - Batch of 2021

4.4

5.0Placements4.0Infrastructure4.0Faculty5.0Crowd & Campus Life4.0Value 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

Anonymous

Post Graduate Program in Management (PGPM) - Batch of 2022

4.6

5.0Placements4.0Infrastructure5.0Faculty5.0Crowd & Campus Life4.0Value 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

Anonymous

Post Graduate Program in Management (PGPM) - Batch of 2025

3.6

4.0Placements4.0Infrastructure4.0Faculty3.0Crowd & Campus Life3.0Value 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

Pradnya Kunder Verified Icon

Post Graduate Program in Management (PGPM) - Batch of 2022

4.2

5.0Placements4.0Infrastructure3.0Faculty5.0Crowd & Campus Life4.0Value 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

(1)

1 person found this helpful

Isha Goel

Post Graduate Program in Management (PGPM) - Batch of 2024

5.0

5.0Placements5.0Infrastructure5.0Faculty5.0Crowd & Campus Life5.0Value 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

FAQs

Q: Is it compulsory to take IBSAT exam for admission to PGPM at IBS Mumbai?

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: What is the application fee of IBS Mumbai?

The IBS Mumbai application process is conducted in online and offline modes. The application fee of IBSAT exam is INR 1,800. The exam will be conducted in December 2026.

Q: Does IBS Mumbai accept CAT score for MBA?

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 the exam pattern of IBSAT?

IBSAT consist of 140 questions across 4 sections to be completed in 120 minutes.

Course	Number of Questions
Verbal Ability	50
Reading Comprehension	30
Quantitative Aptitude	30
Data Adequacy & Interpretation	30

Q: How to apply for IBS Mumbai?

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.

Q: What is the IBS Mumbai admission process for PGPM?

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.

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

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: Which entrance exam is accepted by IBS Mumbai?

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: What is the eligibility criteria for IBS Mumbai PGPM course admission?

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

INR 9.1 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: What is the fee for PGPM at IBS Mumbai?

IBS Mumbai PGPM fees is INR 9.1 lakh. IBS Mumbai fee structure includes many components such as tuition fee, refundable caution deposit, etc.

Q: Are there any additional hidden charges that a student must pay at the time of joining IBS Mumbai?

ICFAI Business School (IBS) Mumbai requires an extra refundable caution security deposit of INR 10,000 to be deposited right along with the very first semester installment. New students registering for classes at NIET must also account for distinct exam charges, student activity funds, and laboratory fees.

Q: What is the eligibility criteria for admission to PGPM at IBS Mumbai?

IBS Mumbai offers PGPM 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 interview and micro-presentation.

Q: What is the total academic fee for the two-year management program at IBS Mumbai?

ICFAI Business School (IBS) Mumbai charges a total institutional tuition and academic delivery fee fixed at INR 9.09 Lakhs for its entire full-time post-graduate course. On the other side, the academic cost structure for pursuing professional graduation courses at NIET varies distinctively according to the selected branch.

Q: Can a student pay the total program fees at IBS Mumbai in flexible periodic installments?

Yes, students can pay the total program fee of INR 9.09 Lakh for the PGPM program at IBS Mumbai in structured, periodic installments across the duration of the course.

Q: Who can get admission in IBS Mumbai?

Candidates can check the table below to know the eligibility and selection criteria for IBS Mumbai courses:

Course	Eligibility	Selection Process
PGPM	UG degree in any discipline with a minimum of 50% aggregate	NMAT href="https://www.shiksha.com/mba/cat-exam">CAT/XAT href="https://www.shiksha.com/mba/nmat-by-gmac-exam">NMAT by GMAC/XAT + Micro Presentation + Personal Interview

Q: What are the eligibility criteria to apply for admission at IBS Mumbai?

IBS Mumbai requires applicants to hold a bachelor's degree in any discipline with at least fifty percent aggregate marks. The medium of instruction throughout graduation must be English, or applicants must provide proof of English proficiency. Students in their final year of graduation are also permitted to apply provisionally.

Q: How can a student apply for the management programs at IBS Mumbai?

IBS Mumbai allows candidates to fill out the application form online through the official institutional portal. Applicants need to register, pay the required processing fee, and upload their academic documents along with valid entrance exam scores.

IBS Mumbai

Student Forum

Anything you would want to ask experts?

Write here...

Where does IBS Mumbai stand in national management college rankings?

Answered a week ago

IBS Mumbai (ICFAI Business School, Mumbai) holds several notable positions in national and regional B-school rankings, though it does not have a standalone NIRF (National Institutional Ranking Framework) management ranking (as NIRF typically ranks the flagship IBS Hyderabad campus instead):

Rashmi Karan

Contributor-Level 9

Does IBS Mumbai hold any specific institutional accreditations?

Answered a week ago

IBS Mumbai does not hold independent institutional accreditation from regulatory bodies like the AICTE or UGC. Instead, it operates as an independent professional institute offering a Post Graduate Program in Management (PGPM).

Rashmi Karan

Contributor-Level 9

When are the official cutoff scores for IBS Mumbai usually announced?

Answered a week ago

The official IBSAT cutoff scores for IBS Mumbai are usually announced in early January (typically the first week of January), shortly after the declaration of the IBSAT results in late December.

Rashmi Karan

Contributor-Level 9

Does IBS Mumbai offer any financial help or scholarships to students?

Answered a week ago

Yes, ICFAI Business School (IBS) Mumbai offers financial aid and a scholarship pool worth INR 10 crores across its campuses, providing selected students with a total scholarship amount of INR 2,00,000 each (adjusted as INR 1,00,000 each against the first and second-term program fee installments)

Rashmi Karan

Contributor-Level 9

What kind of companies visit IBS Mumbai for campus placements?

Answered a week ago

Companies visiting IBS Mumbai for campus recruitment are from multiple key sectors, including finance, banking, and consulting. These companies offer roles in management, analytics, sales, operations, and HR management.

Rashmi Karan

Contributor-Level 9

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