ICFAI Business School Mumbai Powai Answered Questions

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. 

Yes, IBS Mumbai is generally more expensive than Bombay Stock Exchange Institute (BSE Institute). The total fee for the 2-year PGPM programme at IBS Mumbai is around INR 18.50 lakhs. This includes tuition fees, hostel fees, and other miscellaneous charges.  The total fee for the 3-year B.Sc. in Financial Markets programme at BSE Institute is around INR 4.50 lakhs. This includes tuition fees, hostel fees, and other miscellaneous charges.  The total fee for the 2-year MBA in Financial Markets programme at BSE Institute is around INR 6.00 lakhs. This includes tuition fees, hostel fees, and other miscellaneous charges. However, it's important to note that the cost of attending either institute can vary depending on factors such as scholarships, financial aid, and the programme you choose. You should also consider the living expenses in Mumbai, which can be quite high.  IBS Mumbai is a well-respected B-school with a strong alumni network. BSE Institute is a relatively new institute, but it has the backing of the Bombay Stock Exchange, which is one of the oldest stock exchanges in the world.  IBS Mumbai has a good placement record, with over 90% of students getting placed in jobs after graduation. The placement record at BSE Institute is not as strong, but it is improving. IBS Mumbai offers a more general management curriculum, while BSE Institute offers a more specialised curriculum in finance.

IBS Mumbai is very good for pursuing MBA. It offers 2 years PGPM course with specializations with fields such as Marketing, HR, Finance and Business Analytics. The very good thing about this college is it has a record of high placements with an average package of 7 to 8 Lakhs per annum and the highest package of around 15.6 Lakhs per annum. IBS Mumbai excels in providing strong focus on excellent education and gives comprehensive learning experience for students. 

IBS Mumbai is a well-regarded management college that offers a PGDBM program. Here are some key points to consider when evaluating whether it is worth pursuing PGDBM at IBS Mumbai:1. IBS Mumbai has a good placement record, with many top recruiting companies visiting the campus for recruitment.2. The college has a good return on investment.3. IBS Mumbai is ranked among the top 25 B-schools in India and among the top 5 B-schools in Mumbai.4. The college has a mission to provide relevant and rigorous management education to its students and establish a close link with the corporate world.It seems that pursuing PGDBM at IBS Mumbai is a good option. The college has a good reputation, a strong placement record, and a mission to provide relevant and rigorous management education.

IBS Mumbai cutoff percentile for MBA admission through CAT is 70 percentile. Candidates seeking IBS Mumbai admission must have a valid score in order to be eligible for Group Discussions and Personal Interviews. Tabulated below are the year-wise cutoff percentile for IBS Mumbai for CAT: Post Graduate Program in Management (PGPM) - IBS Mumbai : CAT percentile Cutoff (General-All India)Section202020212022Overall707070Quants404040VA-RC404040DI-LR404040

ICFAI Business School, Mumbai has a good placements record. It is approved by UGC. In 2023 placements, the placement rate achieved was 98%. The highest domestic and international package offered was INR 18.80 LPA and INR 11.13 LPA, respectively. Further, the average package offered stood at INR 8.17 LPA. Some of the top companies that participate in placements were Google, Deloitte, EY, HCL, etc. 

ICFAI Business School conducts ICFAI Business School Aptitude Test (IBSAT) for admission to its Management courses. However, it is not compulsory for selection. Aspirants with a required score in other accepted exams: CAT/GMAT/NMAT by GMAC/XAT are also eligible to apply. Moreover, aspirants shall check out the eligibility requirements before applying for the course. Candidates are shortlisted based on accepted exam scores for further selection rounds. Read more on IBS Mumbai admissions here.

The admission process starts with the IBSAT registrations and ends with the final seat allotment. Complete details about each of the admission stages are mentioned below:Step 1: IBS Mumbai Application Process/IBSAT RegistrationsThe application form can be submitted via either online or offline mode. Candidates seeking admission through IBSAT score must complete the registration process. For offline application, candidates shall visit the campus in person and online forms are made available on the B-school official website. Aspirants with required score in CAT/GMAT/NMAT/XAT can also apply. All the details must be filled out carefully in the application as mentioned in the official documents. For application form submission, an application fee of INR 1,800 must be paid via credit card/debit card/net banking.Step 2: Group Discussion & Personal InterviewCandidates shortlisted based on exam scores are called for group discussion and personal interview rounds for seat allotment.Step 3: Admission ConfirmationAdmission letters are issued to the selected candidates. These candidates can confirm their seats by paying the required amount of fee.