ICFAI Business School Mumbai Powai Answered Questions

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 percentileGMAT with 500 and above scoreNMAT by GMAC with a score of 150 and aboveXAT with 60 and above score

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.

Yes, ICFAI Business School Mumbai offer a scholarship to PGPM with good performance in the IBSAT exam. The scholarship is offered under the following categories:IBSAT 2023Defense personnel wards (serving or retired) from Army, Airforce, Navy, and Paramilitary forcesPhysically challenged candidatesWards of IBS AlumniFind some more details on the offered scholarships from the table given below:ParticularIBS Mumbai PGPM HighlightsScholarship criteriaThe minimum scholarship criteria (cutoff score) for a scholarship amount of INR 2 Lacs is:CAT: Top 75 candidates with a minimum score of 90 percentile and aboveXAT: Top 25 candidates with a minimum score of 80 percentile and aboveGMAT: Top 25 candidates with a minimum score of 550 and aboveNMAT by GMAC: Top 100 candidates with a minimum score of 225 and aboveNOTE: The above-mentioned scholarship information is from an unofficial source. Hence, is indicative.

NR 1,800 is the application fee to be paid to submit the form. It must be paid within the due date. For online fee payment, candidates can pay through credit card/debit card/net banking. For more details on fee payment, candidates can also visit the business school's official website or reach out to its admission office.

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. 

Regenesys, IBS and UBS have good placement records but each have their own strengths and weaknesses.Regenesys has strong international exposure because of partnerships with international universities. Students can participate in study abroad programsIBS focuses on research and has a strong placement record. Graduates work for top companies in industry.UBS has strong industry connections. Students can network with alumni who work in different industries. Its internship program add practical experience in their chosen field.All three colleges have good faculty members but IBS and Regenesys have a slightly stronger faculty than UBS.

IBSAT 2026 scorecard will be released at general.ibsindia.org. Candidates who will appeare for the IBSAT exam, scheduled in last week of December, can check their results online. To download the IBSAT scorecard, candidates must enter their login credentials on the official website of ICFAI Business School. after loging in, screen will display the IBSAT scorecard. Candidates must note that no physical copy of the IBSAT 2026 scorecard will be issued to the candidates separately. Candidates must save and take the print of the IBSAT scorecard online only. Candidates who are shortlisted, must appear for the micro presentation/PI rounds on given date and time along with the required documents. Th final selection will be offered on the basis of the performance in Group Discussion and Personal Interview. 

Yes IBS Mumbai is totally worth it for MBA, whether it be for course syllabus, placements, and industrial exposure. IBS Mumbai has an excellent placement record, with the college placement cell helping students with their resume writing, interviews & portfolio. Placement cell also organises campus interviews with both private and government companies going campus.