ICFAI Business School Mumbai Powai Answered Questions

ICFAI Mumbai offers various extracurricular activities and clubs for different activities. Students have the opportunity to take part in various clubs as per their interests, ranging from quizzes and debates to dancing and sports. The college has set up a well-equipped sports activities center and also has a swimming pool on campus for the students.  

IBS Mumbai is one of the top-ranked colleges in India. Getting admission to IBS Mumbai is every student's dream. The college offers admission to various students based on merit, entrance exams, and interview rounds. The accepted entrance exams are CAT, XAT, MAT and others. The institute selection for this course is carried out through the ICFAI Business School Aptitude Test (IBSAT). Shortlisted candidates are called for interview and final selection is based on academic performance and personal interview conducted by the institution itself.

The admission process at IBS Mumbai requires a bachelor's degree with a minimum of 50%. Entrance exams are mandatory for most courses. Students must first appear for national-level entrances and then move on to university-level selection rounds for final admission. IBS Jaipur offers full-time MBA/PGDM courses for two years and qualify in CAT/IBSAT/NMAT/XAT. It is mandatory for students to qualify the national entrance exam before admission. 

INR 7.89 LPA was the average package for the IBS Mumbai PGPM placement 2025. Refer to the table below for more details-Particulars 2023 PGPM Placement  In INR2024 PGPM Placement In INR2025 PGPM Placement In INRAverage package 8.17 LPA 8.03 LPA 7.89 LPATop 10% average package 13.3 LPA 13.56 LPA 11.97 LPATop 25% average package 11.01 LPA 11.45 LPA 10.67 LPA 

The key highlights of IBS Mumbai placements over the past three years are 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 LPANAAverage packageINR 8.17 LPAINR 8.03 LPAINR 7.89 LPAPlacement rate98%98%95%Top 10% average packageINR 13.3 LPAINR 13.56 LPAINR 11.97 LPATop 25% average packageINR 11.01 LPAINR 11.45 LPAINR 10.67 LPA

The average salary package received by students after completing MBA/PGDM from ICFAI Business School, Mumbai is INR 817,000. While, the average salary offered by SIES College of Management Studies after completion of MBA/PGDM is INR 550,000 - INR 679,000. Basis these stats, ICFAI Business School, Mumbai is a better option compared to SIES College of Management Studies on the average salary parameter.

 For admission, all students will be required to fulfill a minimum eligibility criteria set by the institution for the desired course. The following table showcases a list of IBS Mumbai courses along with their eligibility criteria and total tuition fee:CoursesTuition FeesEligibilityMBA/PGDM (1 course)9.1 LGraduation : 50 %Exams : XATCAT

IBS Mumbai has a good reputation for its teaching and its placement cell. Some of the other advantages of joining IBS Mumbai are as follows:• The college has a number of modern facilities, such as interactive classrooms, libraries, and hostels.• It has a strong alumni network.• IBS Mumbai offers good placement facilities to its students. The highest domestic and international package offered during IBS Business School Mumbai PGPM placements 2023 stood at INR 18.80 LPA and INR 11.13 LPA, respectively.

IBS Mumbai is an authorised institution. It is a well-known business school with a strong placement record, offering a range of degrees such as MBA, PGDM, and Executive MBA. The UGC recognises the college, which has received high ratings from Business India and Business Standard. ICFAI Business School (IBS) Mumbai, founded in 1995, is a premier management college in Mumbai, Maharashtra, noted for its high-quality education, research, and training. It has a strong placement record and is regarded among the best business schools in the Western area.

Most of the students pursuing programmes at IBS have financed their education through educational loans from various public sector and private sector banks and financial institutions which are listed below:Public Sector BanksPrivate Sector BanksAxis BankICICI BankIDFC First BankYES BankNon-Banking Financial InstitutionsHDFC Credila Financial Services Ltd.Disclaimer: The scholarship details presented above is the overall stats. Hence, it is not course specific.