ICFAI Business School Mumbai Powai Answered Questions

The eligibility criteria to sit for placements are 60 percent and above throughout (10, 12 and graduation) . Even your percentile scores that is CGPA which you will score during your first year MBA and Summer Internship should be above average which is very easy to score even in the cut throat competition as MBA is not so difficult to pursue . It is just a myth that people find MBA difficult .

The actual placement results of last year at IBS Mumbai was that 572 students successfully got placed. Average salary is of Rs 6.5 lacs per annum. Highest salary is of Rs 11.5 lacs per annum. The major recruiter who visit every year are JP Morgan Chase, Deloitte ( taxation and advisory ), CRISIL, HDFC Bank , ICICI Bank, Kotak Securities, Kotak Mahindra Bank, Nestlé, Asian Paints, Burger Paints, Tata AIG, Bharti AXA, Birla Sunlife, India bulls Securities and Real Estate, Hiranandani, L&T realty, and so on .

Yes, you are eligible to apply . If your distance learning institute was UGC recognized or AICTE approved or both then you are absolutely eligible to apply . Distance learning education has also received recognition from University grants commission (UGC) which makes a candidate eligible for applying for further studies of choice or interest.

Overall review regarding my experience is that IBS Mumbai is well known for inviting 250 companies every year at the time of final placements . There are various cultural and domain clubs in IBS Mumbai which gives you a chance to participate in cultural as well as non cultural (Domain) events of the Inter college festivals. IBS being an autonomous institute is also known for its students having academics credentials at large. The institute is well known for its placements, college events and academics. The fee structure is such that the entire fees for 2 years is 7,10,000 rupees, out of which 10,000 would be refundable at the end of the 2 years. The mode of payment is via Demand Draft of 1,26,000 which needs to be paid at the beginning of the every semester.

IBS Mumbai does not provide hostel facilities like IBS Hyderabad. Yes, paying guest facilities like staying in booked rental houses facility is available which is within the radius of 1 to 2 kilometres which very much near to the vicinity of the college campus. There are many non localize who have migrated to IBS Mumbai from UP, Delhi, Ahmedabad, Pune, Hyderabad, Gurgaon, Kolkata and so on. People are very much comfortable staying as a Paying guest with other room mates on a residential rental basis.