ICFAI Business School, Mumbai Scholarships and Funding

Scholarships worth Rs. 10 crore
IBS offers merit-based scholarships for top performers in IBSAT 2025 (to be held on December 27–28, 2025).

Mentioned below are the eligibility Categories for the Scholarship:-

• Candidates who are Top rankers in IBSAT 2025
• Candidates who are Wards of IBS alumni
• Physically challenged candidates
• Candidates who are Wards of Defence Personnel (In-service/retired) from the Army, Airforce, Navy, and Paramilitary Forces.

500 scholarships of Rs. 2 lakh each are planned for the Class of 2028. The amount will be adjusted—Rs. 1 lakh each—against the first and second term program fee instalments.

Terms and Conditions of the Scholarship.

1.Eligibility: Candidates must appear and qualify in IBSAT 2025 (on December 27 or 28, 2025).

2.Admission and Registration: Admission formalities, including fee payment and registration, must be completed in a timely manner.

3.Applicability: Scholarship amount will be adjusted against the program fee only.

4.Withdrawal Policy: If a student withdraws, the scholarship amount will be deducted before any applicable fee refund.

Reviews (Showing 6 of 207 reviews)

Overall Rating (Out of 5)

3.8

Based on 170 Verified Reviews

Distribution of Rating

Component Ratings (Out of 5)
Placements
3.9
Infrastructure
3.6
Faculty & Course Curriculum
4.2
Crowd & Campus Life
3.7
Value for Money
3.8
The Verified badge indicates that the reviewer's details have been verified by Shiksha, and reviewers are bona fide students of this college. These reviews and ratings have been given by students. Shiksha does not endorse the same. Out of 207 published reviews, 170 reviews are verified.
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S
Shreyansh | Post Graduate Program in Management (PGPM) - Batch of 2026
Reviewed on 12 Aug 2024
Verified
4.2
Placements 5 Infrastructure 4 Faculty & Course Curriculum 4 Crowd & Campus Life 4 Value for Money 4
Review about the college ICFAI Business School - Mumbai.

Placements: IBS has a reputation for placing students well. Around 95-97% of students who enroll in the placement program get placed. Approximately 200 companies come for college placements and select a handful of students, with an average CTC of 8,50,000/-. Big firms like JP Morgan, Tata, Reliance, Kantara, and Morgan Stanley also visit for placements.

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Bhavya Mathreja | Post Graduate Program in Management (PGPM) - Batch of 2021
Reviewed on 27 Jun 2024
Verified
4.4
Placements 5 Infrastructure 4 Faculty & Course Curriculum 4 Crowd & Campus Life 5 Value for Money 4
Great institute potential to become a top business college.

Placements: If you have an IBS, you will have a lot of placement opportunities. Colleges have separate teachers who take care of placement activities. For our marketing batch, more banks like ICICI Bank, Industry Bank, HDFC Bank, Aditya Birla Finance, DBS Bank, and EY, like many other companies, hire students from our college. The package is 10 LPA, which is mostly what students got. Summer internship programme that we need to do for 8–12 weeks where big firms like JP Morgan, Deloitte, and Morgan Stanley of...

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Anonymous | Post Graduate Program in Management (PGPM) - Batch of 2022
Reviewed on 14 Jun 2024
Verified
4.6
Placements 5 Infrastructure 4 Faculty & Course Curriculum 5 Crowd & Campus Life 5 Value for Money 4
Great Choice IBS Mumbai To Do PGPM.

Placements: IBS is known for its placement as the best B-school in India. From the third semester, students are eligible for placements, including the Big Four and companies like Oxane, Digital Marveled, Teach Lip, etc. Many companies hire students, and our alumni work in top companies across the world. If they have any openings, they hire from our college. Our marketing profile offers a salary of 22 Lacs, the highest for our batch. 95% of students get placed, with an average salary of 7 Lacs. Most students...

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Anonymous | Post Graduate Program in Management (PGPM) - Batch of 2025
Reviewed on 25 May 2024
Verified
3.6
Placements 4 Infrastructure 4 Faculty & Course Curriculum 4 Crowd & Campus Life 3 Value for Money 3
IBS college is very good and I would suggest this college to my juniors.

Placements: More than 70% students are placed in PGPM course. The highest package offered is 12 Lacs and the lowest package is 7 Lacs. Top recruiting companies are Deloitte, Tata Capital, Wipro, HCL, and Google. More than 80% of the students got internships from PGPM course. Top companies are Aditya Birla Capital, HDFC, L&T, and Propencher. Sales executive and Manager are the roles offered.

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Pradnya Kunder | Post Graduate Program in Management (PGPM) - Batch of 2022
Reviewed on 7 Nov 2023
Verified
4.2
Placements 5 Infrastructure 4 Faculty & Course Curriculum 3 Crowd & Campus Life 5 Value for Money 4
The College has a record of 90% of placements.

Placements: Placements are great and the highest package is 15.6LPA. The average is around 7-8LPA and the lowest is 6LPA. TCS, Team Please Bank, Reliance, Google, etc. are some companies that visit the campus. The intake of college is 60 and all 60 students get placement.

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I
Isha Goel | Post Graduate Program in Management (PGPM) - Batch of 2024
Reviewed on 29 Sep 2023
Verified
5.0
Placements 5 Infrastructure 5 Faculty & Course Curriculum 5 Crowd & Campus Life 5 Value for Money 5
Review of ICFAI Business School, Mumbai.

Placements: 98% students have been placed in year 2022- 2023, the highest average package 18.17 and average CTC 8.17. Top recruiting companies include is the big 4 - Deloitte, PWC, KPMG and EY, apart from this, students have been placed in reputed FMCG and Teach companies as well. Top roles offered include - analyst, relationship managers and wealth manage roles.

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Answered 8 months ago

Yes, IBS Mumbai offers a lot of merit-based scholarships for PGPM students based on the scores achieved in CAT, XAT, GMAT, NMAT, and IBSAT entrance exams. Check out the list below to know more-

  1.  For CAT: Top 75 candidates with a minimum score of 90 percentile and above
  2.  For XAT: Top 25 candidates with

...Read more

S

Shailja Rawat

Contributor-Level 10

Answered 2 years ago

To apply for the scholarships offered at IBS Mumbai, candidates have to open the official website of the college, check if they qualify as per the eligibility criteria, and fill the application form accordingly. They must submit all the required documents and pay the application fee, if any, to succ

...Read more

33383467
Saumya Srivastava

Contributor-Level 10

Answered 2 years ago

Yes, ICFAI Business School Mumbai offer a scholarship to PGPM with good performance in the IBSAT exam. The scholarship is offered under the following categories:

  • IBSAT 2023
  • Defense personnel wards (serving or retired) from Army, Airforce, Navy, and Paramilitary forces
  • Physically challenged candidates
  • Wa

...Read more

M

Manori Sahni

Contributor-Level 9

Answered 2 months ago

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 institu

...Read more

U

Upasana Kumari

Contributor-Level 8

Answered 2 months ago

Yes, there are plenty of networking events and mentorships opportunities available at IBS Mumbai. The college regularly organises mentorship programme with faculty members guiding students in academic, career, and networking topics. There are also clubs, such as E-Cell, that takes care of seminars,

...Read more

M

Mayank Surbhi

Contributor-Level 8