5 Videos,

10 Photos

IBS Mumbai: Courses, Fees, Admission 2025, Placements, Ranking

Powai, Mumbai

3.8 /5

(207 Reviews)

346 Student Q&A

Private Institute
Estd. 1995

Last updated on 24 Sep '25

IBS Mumbai
What's new?

For All Courses

Change

IBSAT 2025 Applications are LIVE. Apply

IBS Mumbai admissions 2025 are open. Interested students can visit the official website to apply for their desired course

The IBSAT 2025 applications are open for the MBA/PGPM 2026 intake, and the application submission is available up to Dec 19, 2025. Additionally, the IBSAT 2025 test will be conducted on Dec 27 and Dec 28, 2025.

Video stories

Placements

IBS Mumbai Overview

Table of content

IBS Mumbai Highlights 2025
IBS Mumbai Popular Programmes 2025
IBS Mumbai Admission Process and Important Dates 2025
IBS Mumbai Student Reviews
IBS Mumbai Cutoff 2025
+ 10 more items

IBS Mumbai Highlights 2025

ICFAI Business School Mumbai is a top B-school which is one of the constituents of the ICFAI University. IBS Mumbai was founded in 1995 to provide two years of study in the Management field known as the PGDM programme.. 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 offers scholarships to meritorious students. IBS Mumbai is ranked 3rd in the category of top leading B-schools of super excellence by the CSR-GHRDC B-Schools Survey 2023.

IBS Mumbai offers placement assistance to students. The highest package offered during IBS Mumbai placements 2025 is INR 20 LPA. ICFAI Mumbai admission is based on merit and entrance exams. The institute accepts national entrance exams such as CAT, CMAT, XAT, and others. The campus was spread over 3.4 acres of area which includes classrooms, labs, a library, a hostel, and others. The major highlights of IBS Mumbai are tabulated below:

Particulars	IBS Mumbai Highlights 2025
Establishment Year \| Ownership Type	1995 \| Private
Location	Powai, Mumbai
Recognised By	UGC
Accredited By	NAAC A++
Campus Size	3.4 acre
Flagship Course	MBA/ PGDM
Scholarships offered	Merit-and-mean based
Official Website	ibsindia.org
IBS Mumbai Brochure	Download Now

Check the below videos to find out review for ICFAI Business School (IBS) Mumbai:

Commonly asked questions
On Highlights

Q: Is the PGPM and MBA certificate given by IBS, Mumbai approved by AICTE?

The 2-year full-time PGPM program is an industry accepted management program. It does not have AICTE recognition but that does not matter as companies visit every year for recruitment. So as far as you are getting placed through campus it will not be a problem and on the other side the institute also provides an option to opt for the MBA degree program which is offered by ICFAI University Dehradun on self-study mode basis which will parallelly get completed with the PGPM program and that degree is UGC approved. So you can apply for Ph.D or any public sector job with this MBA degree also. P.S: AICTE approval is given to autonomous institute only which provide PGDM whereas UGC approval is given to universities providing MBA degree. Do not mix up both. Hope this is clear.

Q: Is IBS Mumbai a part of any ICFAI University like IBS Hyderabad?

No, IBS Mumbai is an individual college. ICFAI Mumbai has also been rated as ‘A+’ by Business India and ‘A4’ by Business Standard. ICFAI Business School (IBS) Mumbai is one of the leading private B-schools in the country. While IBS Mumbai and IBS Hyderabad are both affiliated withICFAI, they are two separate institutions. IBS Mumbai is an independent professional institution, while IBS Hyderabad is a constituent of a deemed university.

Q: Is IBS Mumbai approved?

Yes, IBS Mumbai is approved by many national ranking bodies. It is approved by the UGC and is a member of APMI (Association of Management Development Institutions in India). Students can apply for admission to this college by going to the official website of the college and paying INR 10,000 as the refundable caution deposit. The institute has an excellent placement record for all courses that they offer, such as MBA, PGDM, and Executive MBA.

IBS Mumbai Popular Programmes 2025

Post Graduate Programme in Management (PGDM) is the flagship programme of IBS Mumbai. ICFAI Mumbai offers a two-year, fully residential programme to students. The programme has a broad perspective of all the areas of management. The course involves practical orientation which emphasises on application of principles, tools, and concepts. The course is designed to impart the students with managerial perception and formulation in corporate strategy. IBS MBA fee is INR 8.29 lakh for the two-year programmes. Below mentioned are the popular courses and their respective eligibility and fees:

3.82 years

Seats Offered

– / –

Exams Accepted

Median Salary

– / –

Total Tuition Fees

₹8.29 L

Get Fee Details

MBA/PGDM Applications open till Dec , 2025. Apply Now

Ph.D. in Management

3 years

Seats Offered

– / –

Exams Accepted

– / –

Median Salary

– / –

Total Tuition Fees

– / –

View All 2 Courses

Commonly asked questions
On Popular Programs

Q: Which courses are offered at IBS Mumbai?

IBS Mumbai offers MBA course. It is full-time, 2-year program. The course syllabus covers a wide range of topics, such as marketing, finance, accounting, and operations. Admission to other various courses are done on the basis of entrance exams and merit.

Q: What is the eligibility criteria for IBS Mumbai PGPM course admission?

The minimum eligibility for IBS Mumbai PGDM is graduation in any discipline with a minimum aggregate of 50% with the medium of study being English. Atleast of 15 years of education must be completed to be eligible. Moreover, the candidates in the last year of the degree programme are also eligible to apply.

Q: Is IBS Mumbai College good for MBA?

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.

IBS Mumbai Admission Process and Important Dates 2025

The mode of IBS Mumbai admission is primarily online. Admission to its courses is entrance-based. The institutes offer MBA/ PGDM programmes, admission is generally merit-based. The selection for this course is carried out through the ICFAI Business School Aptitude Test (IBSAT). The selection process also involves Micro-Presentation and Personal Interview rounds. For admission to its flagship PGDM programme, IBS Mumbai accepts CAT, GMAT, XAT, NMAT, ISBAT, and others. To get admission to the MBA programme, candidates must have a minimum aggregate of 50% in their undergraduate degree, while OBC/ SEBC get 3% relaxation in the eligibility criteria and OEC receive 5%. The below-mentioned institute of IBS Mumbai admission dates for 2025:

MBA/PGDM Admissions 2026

1 Course2 years

Eligibility

Undergraduate Degree with 50% aggregate
Accepting Exams: NMAT, XAT, IBSAT, CAT

Important dates

Dates	Events
1 Aug '25 - 18 Oct '25	NMAT 2025 Registration WindowOngoing
5 Nov '25 - 30 Nov '25	CAT 2025 admit card download
30 Nov '25	CAT 2025 exam

Commonly asked questions
On Admissions

Q: How difficult is it to get into IBS Mumbai for PGDM?

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.

Q: Is it compulsory to take IBSAT exam for admission to PGPM at IBS Mumbai?

No, it is not compulsory as candidates fulfilling the criteria prescribed by the institute are exempted from the exam. The following candidates are further exempted from writing IBSAT exam:

CAT with 60 and above percentile
GMAT with 500 and above score
NMAT by GMAC with a score of 150 and above
XAT with 60 and above score

Q: How can students join IBS Mumbai?

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.

Admission Details for all courses

IBS Mumbai
Students Ratings & Reviews

3.8/5

170 Verified Reviews Info Icon

4-5
57
3-4
90
2-3
21
1-2
2

Placements3.9

Infrastructure3.6

Faculty & Course4.2

Campus Life3.7

Value for Money3.8

What students say about ICFAI Business School, Mumbai

Placements

Infrastructure

Faculty

Other

LikesView All

Companies like JPMC, Deloitte, KPMG, RB, ITC, Nestle, Asian Paints, Amul, HDFC Bank, ICICI Bank and many more BFSI and FMCG companies visit the campus for final placements.

Based on 59 Reviews

DislikesView All

There is no scope for operations and IT branches, But, there is a slight low package for HR aspirants.

Based on 24 Reviews

Shreyansh

Post Graduate Program in Management (PGPM) - Batch of 2026

4.2

5Placements4Infrastructure4Faculty4Crowd & Campus Life4Value for Money

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.

Infrastructure: The college's location is excellent, situated in the heart of Mumbai, Powai, with a view of the lake. The infrastructure includes an auditorium, online lectures, a library, large classrooms, a gym, and three canteens with delicious food.

Faculty: The faculty is excellent, with most having over 15 years of teaching experience. Even the visiting faculty have similar experience. All the faculty members are friendly and helpful in every situation. Exams are held semester-wise, with mid-semester and end-of-semester exams.

Other: The crowd here is very good, and everyone is well-versed. There are around 27 clubs and 3 committees, where you can enroll in a maximum of 3 clubs and one committee.

Reviewed on 12 Aug 2024Read More

Bhavya Mathreja Verified Icon

Post Graduate Program in Management (PGPM) - Batch of 2021

4.4

5Placements4Infrastructure4Faculty5Crowd & Campus Life4Value for Money

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 offer internships with salaries up to INR 50,000.

Infrastructure: We are in Mumbai, so obviously the college campus is small, the college infrastructure is modern, and it is located in key areas like Powai, which have many transportation options. The college gym is very small, but important equipment is a mission. Because of the small campus, there are no big sporting events conducted on campus. The college library is filled with a lot of books that students can use to gain good knowledge. Classrooms are fully air-conditioned, with projectors and comfortable desks. Our college does not provide any hostels, and the college area is very expensive; it is not affordable for a normal student, so we leave the outer area of the city for daily travel, where 1 BHK rent is 15,000, which is the cheapest.

Faculty: IBS Mumbai only offers a PGPM program; faculty members from the college possess great skills. They are mainly focused on our presentation and communication skills. They are your mentors until you get placed. In one semester, there are a midterm and a final term, which makes for two exams per semester. So in total, you have to excel in 8 exams. The course is much more practical-oriented; it deals with skills that are essential in industries.

Other: There is only one thing I wish to improve: expenses. College feels that living costs are very high, and middle-class students cannot afford them.

Reviewed on 27 Jun 2024Read More

Anonymous

Post Graduate Program in Management (PGPM) - Batch of 2022

4.6

5Placements4Infrastructure5Faculty5Crowd & Campus Life4Value for Money

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 secure good jobs after graduation.

Infrastructure: The campus infrastructure is very poor; there is no ground for sports, games, or events. The auditorium is basically a hall with chairs and a dias. Our fest, Konflex, is amazing and includes many dance, singing, and flash mob competitions. Classrooms are spacious and equipped with projectors and smart boards. The college does not have any hostels; instead, they allocate rented rooms, but no one took them. Rooms in Powai are expensive, so we stay in Navi Mumbai, where the rent for a 2BHK accommodating 4 students is 20,000.

Faculty: Teachers at IBS are very helpful; they focus on the overall development of students, working on our personality and communication skills. Teachers at IBS are graduates of IIM and NIT. The course is the same for everyone in the first year, but later, as per specialization, students' subjects differ. Marketing is strong at IBS, with each batch having a capacity of 100 students. There are two exams in each semester, along with additional quizzes between exams. Exams are challenging, and very few students clear all subjects.

Other: The workload is intense, but I believe it's worth it. In my opinion, IBS is a great choice for PGPM.

Reviewed on 14 Jun 2024Read More

Anonymous

Post Graduate Program in Management (PGPM) - Batch of 2025

3.6

4Placements4Infrastructure4Faculty3Crowd & Campus Life3Value for Money

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.

Infrastructure: The library has a collection of over 34000 books of Management and other subjects. AC classrooms are available which are working and in a very good condition. You can have coffee in the short time break at Nescafé. The canteen has a lot of variety to eat for lunch. Medical facilities are provided by our college. Indoor games are available in our college including Table tennis, carrom board, etc.

Faculty: The teachers are very helpful in guiding their students, they are very knowledgeable. They create power point presentations to make us understand the concepts clearly. The course curriculum is relevant and it makes the students ready for the industry. The semester exams are not that difficult. If the students are prepared, they will be able to score good marks in the semester exams.

Reviewed on 25 May 2024Read More

Pradnya Kunder Verified Icon

Post Graduate Program in Management (PGPM) - Batch of 2022

4.2

5Placements4Infrastructure3Faculty5Crowd & Campus Life4Value for Money

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.

Infrastructure: They don't have girls hostels facility from college itself but there is one hostel near the college which is good enough to stay until your graduation is over. The rent is around 15000 per month and along with that, you have to deposit 20000 INR for admission which is refundable. Hostel Fee is INR 170000 per year.

Faculty: I had a plan to pursue a career in marketing. Hence, I took this course PGDM-Marketing. Student to faculty ratio is 12:1. All the faculty members (99%) directly come from the industry. Maximum students are Ph.D. holders. They are exceptionally qualified and they teach us to become industry-ready. On this campus, the trimester system is there, i.e. every 3 months. End-term exams happen and in between, surprise tests and presentations are done. It is not so difficult to pass in them. If you give some attention, then you will pass the exams easily. Class size is 63 and course fees is INR 909000 per year.

Reviewed on 7 Nov 2023Read More

(1)

1 person found this helpful

Isha Goel

Post Graduate Program in Management (PGPM) - Batch of 2024

5Placements5Infrastructure5Faculty5Crowd & Campus Life5Value for Money

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.

Infrastructure: The college is equipped with a gym, IT lab, SQL lab and Bloomberg lab. The college is centrally air conditioned with Wi-Fi facilities. The college library and reading room helps students to study and provide reading resources in abundance. The college has three canteens and a CCD outlet and a Nescafe outlets to keep students re-energized with coffee and food. The college had a seperate club to focus on sports and fitness of students.

Faculty: The teaching staff of IBS Mumbai consists of permanent and visiting faculty members. All the faculty members are helpful and approachable. The teaching are as per relevant curriculum which make students industry ready. The semester exams focuses on case study learnings and the pass percentage of students is 100 percent.

Other: I have majoring in Marketing, the course offer a list of 18 electives to chose from as per interest of students. The college has 23 clubs and committees which focuses on holistic student development. The college conducts Annual event name Konflux and all the festivals are celebrated in the campus signifying diversity and inclusion.

Reviewed on 29 Sep 2023Read More

View All 207 Reviews

IBS Mumbai Cutoff 2025

IBS Mumbai accepts IBSAT scores for admission to various courses. IBSAT cutoff 2024 will be released across 8 IBS campuses. ICFAI Mumbai releases its cut-off lists annually for the candidates seeking admission to the institute. Candidates can check the latest IBS Mumbai cutoff 2023 in the detailed space below:

MBA/PGDM CAT Cut Off 2024: Year-Wise percentile Accordion Icon V3

Rounds

Post Graduate Program in Management (PGPM) - IBS Mumbai : CAT percentile Cutoff (General-All India)

Section	2022	2023	2024
Overall	70	70	70
Quants	40	40	40
VA-RC	40	40	40
DI-LR	40	40	40

Commonly asked questions
On Cutoffs

Q: What is the CAT cutoff percentile for IBS Mumbai MBA admissions?

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)
Section	2020	2021	2022
Overall	70	70	70
Quants	40	40	40
VA-RC	40	40	40
DI-LR	40	40	40

Q: What is the CAT cutoff for IBS Mumbai?

Find below the trend for IBS Mumbai CAT cutoff for PGPM:

PGPM - IBS Mumbai: CAT percentile Cutoff (General-All India)
Section	2019	2020	2021
Overall	70	70	70
Quants	40	40	40
VA-RC	40	40	40
DI-LR	40	40	40

NOTE: It is as per an unofficial source.

Q: What is IBS Mumbai cutoff 2024 for MBA?

Based on IBS Mumbai cutoff 2024, the cutoff percentile required for MBA stood at 70 percentile overall in CAT 2025. Candidates shortlisted on the basis of the scores obtained in entrance exams like CAT. XAT, NMAT, IBSAT are called for the Personal Interview round where candidates are further screened for final selection at the institute. The sectional cut off in CAT for MBA at IBS Mumbai stood at 40 for the General AI category candidates.

View all cut-off

IBS Mumbai Placements 2025

IBS Mumbai has a Career Management Center that enhances the placement prospects of IBS students. The CMC focuses on personality development, career counselling, internships, and a strong industry interface. ICFAI Mumbai offers summer internship programmes for students. IBS Mumbai Powai placements 2025 have been released. The highest (domestic) and average package offered during IBS Mumbai placements 2025 stood at INR 20 LPA and INR 7.89 LPA, respectively. Further, the placement rate recorded during the IBS Mumbai placement in 2025 stood at 95%.

Top Recruiters

Wipro

Zomato

Oracle

Aditya Birla Group

Cavinkare

pwc

Vedanta

Jaro Education

HFFC

TATA Consultancy Services

Amul

FinEdge Advisory

Asian Paints

HDFC Bank

View placement details

Commonly asked questions
On Placements

Q: Is IBS Mumbai good for placements?

IBS Mumbai offers commendable placements records. The institute has a dedicated placement cell which focuses on personality development, career counselling, internships, and a strong industry interface. The the highest and average package offered during IBS Mumbai placements 2024 stood at INR 20 LPA and INR 8.03 LPA, respectively.

Q: Who are the top recruiters during IBS Mumbai placements?

The list of top recruiters during IBS Mumbai PGPM placements 2023 is presented below:

IBS Mumbai Top Recruiters
Deloitte	Google
EY	Oracle
KPMG	HCL
Tata Capital	Wipro
ICICI Bank	PwC

Q: What is the highest package offered at IBS Mumbai?

The highest domestic and international package offered over the past three years during IBS Mumbai placements is presented below:

Particulars	PGPM Placement Statistics (2023)	PGPM Placement Statistics (2024)	PGPM Placement Statistics (2025)
Highest domestic package	INR 18.8 LPA	INR 20 LPA	INR 20 LPA
Highest international package	INR 11.13 LPA	INR 18 LPA	NA

IBS Mumbai Scholarships 2025

IBS offers scholarships worth INR 10 crores exclusively for top performers in the IBSAT-2025 test. To be eligible to avail scholarship candidates are required to fulfil the eligibility criteria set by the college for scholarship. Given below are the eligibility criteria to avail of IBS Mumbai scholarships:

For Toppers in IBSAT Candidates who secure top ranks in IBSAT 2025
For Wards of IBS Alumni
For Physically Challenged Candidates
For Wards of Defence Personnel (In-service/ retired) from Army, Air Force, Navy, and Paramilitary Forces.

IBS aims to award 500 merit scholarships for the class of 2028 to deserving candidates falling under the aforementioned categories. Each scholarship amounts to INR 2 lakh per candidate, with the flexibility of adjusting INR 1 lakh each in the first and second-term instalments against the programme fee.

Terms and Conditions for Scholarships

To avail themselves of these prestigious scholarships, candidates must fulfil the following terms and conditions:

Eligibility: Scholarships will only be offered to candidates who have appeared for the IBSAT- 2025 test and have successfully qualified.
Admission and Registration: Students must complete the admission process, pay the requisite admission fee, and register on the specified date to be eligible for the scholarship.
Applicability: The awarded scholarship amount can be adjusted solely against the program fee and payment and cannot be utilised for any other purposes or fees.
Withdrawal Policy: In the event of a student withdrawing from the programme for any reason, any applicable fee refunds will be calculated after deducting the scholarship sum granted earlier.

Commonly asked questions
On Scholarships

Q: Are there any merit-based scholarships available at IBS Mumbai?

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-

For CAT: Top 75 candidates with a minimum score of 90 percentile and above
For XAT: Top 25 candidates with a minimum score of 80 percentile and above
For GMAT- The top 25 candidates with a minimum score of 550 and above are qualified for scholarship
For NMAT by GMAC takes in the top 100 candidates with a minimum score of 225 and above for scholarship

Q: How to apply for the IBS Mumbai scholarships?

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 successfully submit their form.

Q: Does IBS Mumbai provide scholarships to PGPM students?

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
Wards of IBS Alumni

Find some more details on the offered scholarships from the table given below:

Particular

IBS Mumbai PGPM Highlights

Scholarship criteria

The minimum scholarship criteria (cutoff score) for a scholarship amount of INR 2 Lacs is:

CAT: Top 75 candidates with a minimum score of 90 percentile and above

XAT: Top 25 candidates with a minimum score of 80 percentile and above

GMAT: Top 25 candidates with a minimum score of 550 and above

NMAT by GMAC: Top 100 candidates with a minimum score of 225 and above

NOTE: The above-mentioned scholarship information is from an unofficial source. Hence, is indicative.

View Scholarship Details

IBS Mumbai Course and Fees 2025

IBS Mumbai offers postgraduate management programs. The two-year programme is provided in the Management stream. At the PG level, the college provides MBA courses to students. ICFAI Mumbai offers students a Summer Internship Programme (SIP), which forms an important part of education. The students are skilled in good presentation and communication skills. Below mentioned are some of the IBS Mumbai courses and IBS Mumbai fees:

Courses	Tuition Fees	Eligibility
MBA/PGDM(1 course)	8.3 LGet Fee Details	Graduation : 50 % Exams : NMAT XAT+2 More
Ph.D.(1 course)	– / –	Graduation : 50 %

Commonly asked questions
On Fees and Eligibility

Q: How costly is studying at IBS Mumbai?

IBS Mumbai is a well known institute which offers PGDM programme to the students. The fee structure for the MBA programme is INR 9.1 lakh. The fee structure inculdes tuition fee for the two-year programme. The highest and average package offered during IBS Mumbai placements 2024 stood at INR 20 LPA and INR 8.03 LPA, respectively. The institute has good ROI as per the fee structure.

Q: Does IBS Mumbai accept CAT percentile?

Yes, IBS Mumbai accepts CAT, IBSAT, and other exams to shortlist candidates for the MBA exam. Candidates aspiring to take admission at ICFAI Business School (IBS), Mumbai must meet the eligibility requirements laid down by IBS and should have the relevant documents to complete the admission process. Given below are the eligibility and selection process for course offered at IBS Mumbai.

Q: What is the cost of IBS Mumbai PGPM application form?

NR 1,800 is the application fee to be paid to submit the form. It must be paid within the due date. For online fee payment, candidates can pay through credit card/debit card/net banking. For more details on fee payment, candidates can also visit the business school's official website or reach out to its admission office.

Recommended Colleges

Explore popular similar colleges

Students who showed interest in IBS Mumbai - MBA also showed interest in

N.L. Dalmia Institute of Management Studies and Research institute image

Mumbai

#72 Business Today

Courses Offered5 courses4.2

Total Fees₹16.50 L

Athena School of Management institute image

Mumbai

Courses Offered2 courses4.5

Total Fees₹13.50 L

National Institute of Bank Management institute image

Pune

101-125 NIRF

Courses Offered1 course4.4

Total Fees₹13.72 L

SIMSREE - Sydenham Institute of Management Studies Research and Entrepreneurship Education institute image

Mumbai

#34 Business Today

Courses Offered1 course4.2

Total Fees₹51.00 K

Want better recommendations?

There is a 90% more chance of getting best college recommendations by sharing preferences.

+ Add preferences

National Insurance Academy- NIA institute image

Pune

Courses Offered1 course4.4

Total Fees₹11.00 L

ITM Business School, Navi Mumbai institute image

Navi Mumbai

#57 Business Today

Courses Offered10 courses4.3

Total Fees₹12.45 L

Xavier Institute of Management and Research institute image

Mumbai

Courses Offered1 course4.4

Total Fees₹4.99 L

Symbiosis School of Banking and Finance, Symbiosis International, Pune institute image

Pune

#74 Business Today

Courses Offered3 courses3.8

Total Fees₹17.80 L

Universal AI University institute image

Mumbai

#80 Business Today

Courses Offered11 courses4.1

Total Fees₹1.75 L

ICFAI Business School (IBS), Pune institute image

Pune

Courses Offered1 course3.9

Total Fees₹8.29 L

Confused about which college or exam to opt for? assitentRcpRhsImage

Chat with our counselor
Get your personalised list of colleges & exams matching your preferences

View allCollections

Is this recommendation relevant?

IBS Mumbai
College comparison

Compare IBS Mumbai with other similar colleges

MBA/PGDM

Ph.D.

College	Median Salary	Total Tuition Fees	Ranking
IBS Mumbai	-/-	₹ 8.29 L	-/-
N. L. Dalmia Institute of Management Studies and Research Compare	₹ 8.4 LPA	₹ 16.5 L	#72 Business Today, 2024
Athena School of Management Compare	₹ 8.5 LPA	₹ 13.5 L	-/-
NIBM Pune Compare	₹ 15 LPA	₹ 13.72 L	101-125 NIRF, 2025
SIMSREE Compare	₹ 10.5 LPA	₹ 51 K	#34 Business Today, 2024
National Insurance Academy Pune Compare	₹ 12.5 LPA	₹ 11 L	-/-

The values are of the latest years available with Shiksha. For more details, check detailed comparison

View comparisons

IBS Mumbai Application Process 2025

IBS Mumbai application process in both online and offline modes. Students must register for the IBSAT exam for admission. For offline applications, eligible candidates can visit the admission office. Follow the steps given below:

1: Register on the official website of IBS Mumbai.
2: Fill up the application form.
3: Upload the required documents and photographs.
4: Pay the application fee of INR 1,800.
5: Choose ‘I Agree’ to the declaration statement and submit the application form.

Commonly asked questions
On Application Process

Q: What is the application process of IBS Mumbai?

IBS Mumbai application process in both online and offline modes. Further, the steps to complete the online application procedure are as follows:

Register on the official website of IBS Mumbai
Fill up the application form with your personal and academic details.
Upload the required documents and photographs.
Pay the application fee of INR 1,800 using credit/debit cards or net banking after submitting the application form.
Candidates must then choose 'I Agree' to the declaration statement and submit the application form.

Q: What is the IBS Mumbai admission process for PGPM?

ICFAI Business School, Mumbai admission process for PGPM programme is entirely entrance-based. The applicants are shortlisted based on merit in the accepted exams such as IBSAT/CAT/ GMAT /NMAT by GMAC/XAT. Candidates fulfilling the prescribed criteria are exempted from IBSAT exam. Further, the shortlisted candidates are called for personal interview and group discussion round. The final selection is done based on performance in the selection rounds. Read more on admission process, here.

Q: How to apply for IBS Mumbai?

IBS Mumbai accepts applications via online and offline modes. For offline applications, aspirants need to visit the campus in person. Moreover, PGPM course admission is through IBSAT. Thus, aspirants must complete IBSAT registration. Aspirants seeking admission through any other entrance test can visit the official website to apply. The steps to be followed for online application form submission are as follows:

Visit the IBSAT official website.
Fill out personal, educational, and other details in the application form.
Proceed and pay the application fee of INR 1,800 to submit the application successfully.

After the fee payment, candidates are informed through mail/SMS with the application number and password.

View Application Process Details

IBS Mumbai
Other ICFAI Business School, Mumbai institutes

ICFAI Business School (IBS), Gurgaon

GurgaonESTD 1995

Overall Rating

3.8(184 reviews)

ICFAI Business School (IBS), Bangalore

BangaloreESTD 1995

Overall Rating

4.1(93 reviews)

IBMR Group of Institutions

GurgaonESTD 1999

Overall Rating

3.5(66 reviews)

ICFAI Business School (IBS), Pune

PuneESTD 1995

Overall Rating

3.9(77 reviews)

ICFAI Business School, Jaipur

JaipurESTD 2003

Overall Rating

3.5(13 reviews)

ICFAI Business School (IBS), Dehradun

DehradunESTD 2003

Overall Rating

4.0(172 reviews)

ICFAI Business School (IBS), Ahmedabad

AhmedabadESTD 1995

Overall Rating

4.1(28 reviews)

IBMR Business School, Hubli

HubliESTD 1999

Overall Rating

3.5(5 reviews)

IBMR Business Schools, Ahmedabad

AhmedabadESTD 2006

Overall Rating– / –

IBS Mumbai Infrastructure

IBS Mumbai is spread across 3.4 acres of land. IBS Mumbai has well-equipped classrooms, a 500-seater auditorium, separate common rooms for boys and girls, a gym, and three syndicate rooms for student and faculty interaction. In addition to this, it has a well-stocked library with various books, national journals and magazines. The institute has seperate hostel for boys and girls. We encourage our students to get involved in indoor and outdoor games. For those students who are absolute fitness enthusiasts, we have a proposed well-equipped gymnasium.

IBS Mumbai: How to Reach?

The Institute has various means to travel to the Institute. ICFAI Business School Mumbai is well connected to the roadways. For candidates coming in from various parts of India, airways and railways is an affordable option. The Institute can be reached through public transports as well within the city. Chhatrapati Shivaji Maharaj International Airport and Andheri Railway Station are the some of the options in Mumbai to ease out the candidates for airway and railway means.

Check out more on IBS Mumbai Infrastructure:

Library

Sports Complex

Labs

Others

Commonly asked questions
On Infrastructure

Q: What the various facilities are offered at IBS Mumbai?

IBS Mumbai offers well-equipped infrastructure which includes classrooms, labs, library, sports complex, gym, cafe, conference hall, auditorium, and many other facilities offered to the students. It has a well-stocked library with various books, national journals and magazines, and over 2,000 CDs for its students. The institute offer various cultural and sports activities to the students.

Q: Does IBS Mumbai offer hostel facilities?

No, IBS Mumbai does not offer hostel facilities to the students. IBS Mumbai is spread across 1.83 acre of land. IBS Mumbai has well-equipped classrooms, a 225-seater auditorium, separate common rooms for boys and girls, a gym, and three syndicate rooms for student and faculty interaction. In addition to this, it has a well-stocked library with over 20,000+ books, 90+ national journals, more than 10 international and along with it magazines.

Q: Does IBS Mumbai offer the facility of educational loan?

Yes, the candidates selected for admission to IBS Mumbai can avail of educational loans from public/ private sector banks. This school has also formed MOUs with various financial institutions for the purpose of education loans namely Eduvanz Financing Pvt Ltd, AVANSE Financial Services Pvt Ltd, and Auxilo Finserve Pvt Ltd.

View Infrastructure Details

Top online courses offered by IBS Mumbai

All courses

IT & Software

Bachelor of Computer Applications (BCA) + UGPM (Distance Learning)

IBMR GurgaonDegree

Total Fees

₹3.35 L

Duration

3 years

View all courses

IBS Mumbai Faculty

IBS Mumbai appoints experienced and trained faculty members. The faculty are passionate and committed to helping the students in their career pathways. They engage the students with the latest activities and innovate teaching and quality research. The faculty has an experienced faculty who are PhD, masters, and higher degree holders. Candidates can check the IBS Mumbai faculty details in this space:

Faculty Name	Faculty Qualification
Pritee Sanjeev Saxena Senior Director	Ph D, MMM (NMIMS), M.Sc, B.Sc
Hemant Sharad Purandare Director (Academics)& ACO	MMM, BE (Civil)
Amarjeet Patpatia Dean & Dy. PCO	MBA, M.Com B.Com, Dip in Trg (ISTD)
Madhu Iyengar Associate Dean & Dy. PCO	PhD, ICWA,CMA, M.Com,B.Com(Hons)
Priyanka Mathur Dhingra Associate Dean (SDCC)	MBA, BSc

Read less

Commonly asked questions
On Faculty

Q: How is the faculty of IBS Mumbai?

IBS Mumbai has well-educated faculty. Most of the faculty are PhD and Masters degree holders. The institute also invites faculty for guest lectures and offers an opportunity to students to interact with some of the best personalities.

View Faculty Details

IBS Mumbai Notable Alumni

IBS Mumbai alumni are placed across different sectors such as Human Resources, Business Development, Engineering, Marketing, and Politics, among others. IBS Mumbai is working in over 900 blue chip companies and is spread out across the world. Some of the notable alumni of IBS Mumbai are as follows:

Alumni Name

Alumni Designation

Parag Jain

Class of 2001

Parag is an alumnus of the Class of 2001 of IBS Mumbai. He completed a Bachelor's Degree in commerce before joining IBS. He is at present working with Adventity BPO FZ LLC as a Vice President and is based at Dubai. He has been associated with Network International as Sr. Project Manager and before that, he was working for Emirates Bank.

Pooja Awasthi

Class of 2004

Pooja is an alumna of the Class of 2004 of IBS Mumbai. She completed her Bachelor's Degree in Business Management before pursuing Management education from IBS. Currently, she is employed as a Relationship Manager with Anand Rathi, one of the biggest stockbroking organizations of the country. She is presently based in Mumbai, the Business Capital of India.

Read less

IBS Mumbai FAQs

Candidates can check the FAQs of IBS Mumbai below:

Q: What is the placement rate recorded during IBS Mumbai placements?

The placement rate recorded during IBS Mumbai placements over the past three years is presented below:

Particulars	2023 Placement Statistics	2024 Placement Statistics	2025 Placement Statistics
Placement rate	98%	98%	95%

Q: Which is the top recruiting sector during IBS Mumbai placements?

Financial Services sector emerged as the top recruiting sector that placed 24% of the total students. The sector-wise placement distribution recorded during IBS placements 2024 is presented below:

Sectors	Placement Distribution (2025)
Banking	15%
Consulting	7%
Education	3%
E-Commerce	3%
Financial Services	24%
FMCG / Retail	4%
Global Capability Center	8%
Infra / Telecom / Real Estate	7%
Insurance	7%
ITES	12%
Manufacturing / Construction	3%
Media & Research	1%
Hospitality / Tourism	2%
Pharma / Healthcare	1%
Logistics	2%
Others	3%

Note: The sector-wise placement distribution data presented above is the overall data of all the IBS campuses.

Q: What is the salary trend witnessed during IBS Mumbai placements?

The salary trend witnessed during IBS Mumbai placements over the past three years is presented below:

Particulars	PGPM Placement Statistics (2023)	PGPM Placement Statistics (2024)	PGPM Placement Statistics (2025)
Highest domestic package	INR 18.8 LPA	INR 20 LPA	INR 20 LPA
Highest international package	INR 11.13 LPA	INR 18 LPA	NA
Average package	INR 8.17 LPA	INR 8.03 LPA	INR 7.89 LPA
Top 10% average package	INR 13.3 LPA	INR 13.56 LPA	INR 11.97 LPA
Top 25% average package	INR 11.01 LPA	INR 11.45 LPA	INR 10.67 LPA

Q: Which is the top recruiting sector during IBS Mumbai PGPM placements?

The sector-wise placement distribution recorded during IBS placements 2025 is presented below:

Sectors	2025 Placement Distribution
Banking	15%
Consulting	7%
Education	3%
E-Commerce	3%
Financial Services	24%
FMCG / Retail	4%
Global Capability Center	8%
Infra / Telecom / Real Estate	7%
Insurance	7%
ITES	12%
Manufacturing / Construction	3%
Media & Research	1%
Hospitality / Tourism	2%
Pharma / Healthcare	1%
Logistics	2%
Others	3%

Note: The sector-wise placement distribution data presented above is the overall data of all the IBS campuses.

Q: What is the average salary trends witnessed during IBS Mumbai placements?

The average salary trends witnessed during IBS Mumbai placements over the past three years are presented below:

Particulars

2023 PGPM Placement Statistics

(In INR)

2024 PGPM Placement Statistics

(In INR)

2025 PGPM Placement Statistics

(In INR)

Average package

8.17 LPA

8.03 LPA

7.89 LPA

Top 10% average package

13.3 LPA

13.56 LPA

11.97 LPA

Top 25% average package

11.01 LPA

11.45 LPA

10.67 LPA

Q: What is the average package offered during IBS Mumbai PGPM placements?

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 INR

2024 PGPM Placement

In INR

2025 PGPM Placement

In INR

Average package

8.17 LPA

8.03 LPA

7.89 LPA

Top 10% average package

13.3 LPA

13.56 LPA

11.97 LPA

Top 25% average package

11.01 LPA

11.45 LPA

10.67 LPA

Q: How is IBS, Mumbai for PGPM?

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.

Q: How are IBS Mumbai PGPM placements?

The key highlights of IBS Mumbai PGPM placements 2024 are presented below:

Particulars	PGPM Placement Statistics (2025)
Highest domestic package	INR 20 LPA
Average package	INR 7.89 LPA
Placement rate	95%
Top 10% average package	INR 11.97 LPA
Top 25% average package	INR 10.67 LPA

Q: How are the international placements in IBS Mumbai?

The highest international package offered during IBS Mumbai placements over the past three years is presented below:

Particulars	Placement Statistics (2022)	Placement Statistics (2023)	Placement Statistics (2024)
Highest international package	INR 53.45 LPA	INR 11.13 LPA	INR 18 LPA

Q: How good are the placements at IBS Mumbai?

The key highlights of IBS Mumbai placements 2025 are presented below:

Particulars	PGPM Placement Statistics (2025)
Highest domestic package	INR 20 LPA
Average package	INR 7.89 LPA
Placement rate	95%
Top 10% average package	INR 11.97 LPA
Top 25% average package	INR 10.67 LPA

Q: How are the placements of Finance students at IBS Mumbai this year?

Financial Services sector emerged as the top recruiting sector that placed 26% of the total students during IBS MBA placements 2023. The sector-wise IBS Mumbai PGPM placement distribution 2023 is presented below:

Note: The “Others” category includes the sectors of Insurance, Manufacturing / Construction, FMCG / Retail, Infra / Telecom / Real Estate, Media & Research, Education and Other Services.

The detailed sector-wise IBS Mumbai PGPM placement distribution 2023 is presented below:

Sectors	PGPM Placement Distribution (2023)
Financial Services	26%
Banking	24%
IT / ITES	15%
Consulting	14%
Insurance	5%
Manufacturing / Construction	4%
FMCG / Retail	3%
Infra / Telecom / Real Estate	3%
Media & Research	2%
Education	1%
Other Services	3%

Note: The sector-wise placement distribution data presented above is the overall data of all the IBS campuses.

Q: What is the highest package offered during IBS Mumbai PGPM placements?

The highest package offered during IBS Mumbai PGPM placements over the past three years is presented below:

Particulars

2023 PGPM Placement Statistics

( In INR)

2024 PGPM Placement Statistics

(In INR)

2025 PGPM Placement Statistics

( In INR)

Highest domestic package

INR 18.8 LPA

INR 20 LPA

Highest international package

INR 11.13 LPA

INR 18 LPA

Q: Where are IBS Mumbai alumni placed?

According to data gathered from unofficial sources, Business Development domain has placed the most number pf IBS Mumbai students. The domain-wise IBS Mumbai alumni placement statistics are presented below:

Note: The “Others” category includes the domains of Operations, Education, Human Resources, Information Technology, Research, Consulting, Accounting, Customer Success and Support, Product Management, Program and Project Management and Media and Communication.

The above-mentioned alumni data is gathered from unofficial sources and hence may vary.

Q: Does IBS Mumbai provide 100% placements?

The placement rate recorded during IBS Mumbai placements 2025 and previous two years was 95%. Earlier, in 2024 and 2023, the placement rate was 98%.

Q: How is ICFAI, Mumbai in terms of placements and industrial exposures? Is it worth for MBA?

Yes, IBS Mumbai is totally worth it for MBA, whether it be for course syllabus, placements, and industrial exposure. IBS Mumbai has an excellent placement record, with the college's placement cell helping students with their resume writing, interviews, and portfolio development. The placement cell also organises campus interviews with both private and government companies visiting the campus.

In terms of industrial exposure, the college regularly organises industry visits, and helps students with internships and projects with their tie-ups in the corporate sector. IBS Mumbai also has plenty of clubs that give students ample opportunity to network with other peers.

Q: Can you share details about the extracurricular activities at IBS Mumbai?

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.

Q: Does IBS-Mumbai offer PGPM instead of PGDM? Will it affect while applying for jobs?

IBS Mumbai PGPM is a full-time post graduate programme which is industry recognised programme whereas PGDM is a Diploma programme approved by AICTE and is also equivalent to 2 years full time MBA programme. Ideally, you should look for companies visiting the campus for placements but if your campus is providing good opportunities then the degree should not matter but since you have 2.5 years of work ex I would recommend you to go in for PGDM programme with a good institution.

Q: Are there networking events and mentorship opportunities at IBS Mumbai?

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, and networking events to help connect students with startups and entrepreneurs.

IBS Mumbai

Student Forum

Anything you would want to ask experts?

Write here...

Is IBS Mumbai admission open for 2025?

Answered 2 months ago

Yes, IBS Mumbai admission 2025 are open. The University accepts IBSAT exam or other national-level entrance exams, such as CAT, GMAT, or NMAT, to get admission to the MBA course. The process of selection is based on Micro Presentation and Personal Interview rounds. Final admission is confirmed post

Upasana Shukla

Contributor-Level 8

How can I get admission at IBS Mumbai?

Answered 2 months ago

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.

Jagriti Shukla

Contributor-Level 10

Why is IBS Mumbai so costly?

Answered 2 months ago

ICFAI Business School Mumbai has a high cost due to its reputation, strong placement record, and the perceived value of its MBA programme within the private sector. While the tuition fee is substantial, the placements and the overall learning experience, including faculty and course structure, is up

Liyansha Katariya

Contributor-Level 9

Who is eligible for IBS Mumbai?

Answered 2 months ago

ICFAI Business School (IBS) Mumbai offers a PG programme in the Management stream. To be eligible for the MBA programme, students must have a bachelor's degree from a recognised university. Students' selections are based on IBSAT/CAT/GMAT/NMAT by GMAC/XAT by appearing one of the exam and prepare for

Abhay Arora

Contributor-Level 8

How is life at IBS Mumbai?

Answered 2 months ago

Life at IBS Mumbai is focused on academic success and all-around development. Students have access to modern classrooms, a well-stocked library, specialised labs, and a Shri NJasui auditorium, where various mentorships, and events are organised for the development of the students.

Anupama Singh

Contributor-Level 8

Content authored by: