ICFAI Business School Mumbai Powai Answered Questions

Candidates seeking admission to IBS Mumbai can obtain the application form from the official website or get it from the admission/ marketing office. BS campuses are located in Ahmedabad, Bangalore, Gurgaon, Kolkata, Mumbai, and Pune. Step 1: Fill out the application form. Step 2: Pay the application fee. Step 3: Submit your documents. Step 4: Appear for the IBSAT exam.Step 5: Attend the GD/PI round.Step 6: The results of the GD/PI round will be announced in a few weeks. If you are selected, you will be admitted to the IBS Mumbai program.

No, IBS Mumbai does not offer hostel facilities to the students. IBS Mumbai is spread across 1.83 acre of land. IBS Mumbai has well-equipped classrooms, a 225-seater auditorium, separate common rooms for boys and girls, a gym, and three syndicate rooms for student and faculty interaction. In addition to this, it has a well-stocked library with over 20,000+ books, 90+ national journals, more than 10 international and along with it magazines.

IBS Mumbai offers MBA course. It is full-time,  2-year program.  The course syllabus covers a wide range of topics, such as marketing, finance, accounting, and operations. Admission to other various courses are done on the basis of entrance exams and merit.  

Yes, the candidates selected for admission to IBS Mumbai can avail of educational loans from public/ private sector banks. This school has also formed MOUs with various financial institutions for the purpose of education loans namely Eduvanz Financing Pvt Ltd, AVANSE Financial Services Pvt Ltd, and Auxilo Finserve Pvt Ltd.

Yes, all the campuses of IBS including IBS Mumbai have an extremely active common placement cell known as the Career Management Centre that acts as a mediator at all campuses, individually. It focuses on training students from time to time to be well-rounded professionals. Moreover, it organises various activities such as guest lectures, pre-placement talks, and workshops for the all-around development of its students.

The topmost recruiters at IBS Mumbai that participated in the final placements include HDFC Bank, MyGate, ICICI Bank, IDFC First Bank, ICICI Securities, Deloitte Tax Services, TCS, Federal Bank, JM Financials, NoBroker.com, Kotak Mahindra Bank, BlackRock Services, SS&C Globeop financial services, and various other companies.

No, IBS Mumbai is an individual college. ICFAI Mumbai has also been rated as ‘A+’ by Business India and ‘A4’ by Business Standard. ICFAI Business School (IBS) Mumbai is one of the leading private B-schools in the country. While IBS Mumbai and IBS Hyderabad are both affiliated withICFAI, they are two separate institutions. IBS Mumbai is an independent professional institution, while IBS Hyderabad is a constituent of a deemed university.

The average package offered during IBS Mumbai PGPM placements 2023 stood at INR 8.17 LPA. Further, an improving trend was witnessed in the average package offered over the past three years during IBS Mumbai PGPM placements, which is presented below:The average salary trends witnessed during IBS Mumbai PGPM placements over the past three years are presented below:Particulars PGPM Placement Statistics (2021)PGPM Placement Statistics (2022)PGPM Placement Statistics (2023)Average packageINR 6.83 LPAINR 7.14 LPAINR 8.17 LPATop 10% average packageINR 10.33 LPAINR 12.18 LPAINR 13.3 LPATop 25% average packageINR 8.88 LPAINR 9.69 LPAINR 11.01 LPANote: Placements 2022 data is taken from older report, which is no longer available in the official website. Further, placement 2021 data is taken from the older report as well that is updated till Feb 15, 2021.

The highest domestic and international package offered over the past three years during IBS Mumbai placements is presented below:Particulars PGPM Placement Statistics (2023)PGPM Placement Statistics (2024)PGPM Placement Statistics (2025)Highest domestic packageINR 18.8 LPAINR 20 LPAINR 20 LPAHighest international packageINR 11.13 LPAINR 18 LPANA

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)Banking15%Consulting7%Education3%E-Commerce3%Financial Services24%FMCG / Retail4%Global Capability Center8%Infra / Telecom / Real Estate7%Insurance7%ITES12%Manufacturing / Construction3%Media & Research1%Hospitality / Tourism2%Pharma / Healthcare1%Logistics2%Others3%Note: The sector-wise placement distribution data presented above is the overall data of all the IBS campuses.