ICFAI Business School Mumbai Powai Answered Questions

To get admission in ICFAI Business School, Mumbai courses, students must meet the eligibility. The eligibility is to have valid scores in last qualifying exam.Check the table below to know the eligibility for IBS Mumbai courses:CourseEligibilityPGPMUG degree in any discipline with a minimum of 50% aggregate

Yes, IBS Mumbai offers relevant financial assistance to students. ICFAI Business School (IBS) offers scholarships to top performers in the IBSAT test, which is held in the last week of December. The scholarships are open to candidates applying for the MBA/PGPM programme and taking the IBSAT test.

IBS Mumbai provides scholarships to meritorious and deserving students. Scholarship amount is INR 2 Lacs per candidate. The college plans to provide 500 merit scholarships for the year 2026. The scholarships have been planned to be given to top achievers and worthy candidates in different categories.

IBS Mumbai PGPM selection process involves Micro Presentation and a Personal Interview (PI) round. Candidate's communication skills, clarity of thought, and suitability are assessed for management education. Final selection is based on performance in these rounds.

The IBS Mumbai PGPM selection process is in multiple stages. Candidates are shortlisted based on valid scores in IBSAT. CAT, XAT, GMAT, and NMAT are also accepted. Appear for further evaluation rounds conducted by IBS. Final admission depends on overall performance in all stages.

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 several research opportunities throughout the PhD programme, which include a 3-month summer research project in the student's field of specialisation. This is guided by a mentor and ends with a research seminar presentation prior to the PhD qualifying exam. The goal is to get research writing skills that can culminate in publication. Students are also linked with senior faculty for teaching and consultancy guidance.

ICFAI Business School (IBS) Mumbai is a highly regarded choice for MBA students. It is one of the leading private B-schools and a constituent of ICFAI University. IBS College is approved by the UGC. ICFAI Mumbai has also been rated as 'A+' by Business India and 'A4' by Business Standard. The institute is ranked 3rd in the category of top leading B-schools of super excellence by the CSR-GHRDC B-Schools Survey 2023.  The the highest  (domestic) and average package offered during IBS Mumbai placements 2025 stood at INR 20 LPA and INR 7.89 LPA, respectively. 

For the IBS Mumbai PhD program, MBA degree holders can go directly into doctoral courses. Holders of a postgraduate qualification in allied fields need to complete first-year MBA courses as a prerequisite. This is to ensure that all applicants have a solid management foundation prior to embarking on doctoral research. The programme is meant for those who aspire for careers in teaching, research, and consultancy.

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.