ICFAI Business School, Mumbai

Amity Global B-School Mumbai, Malad West Campus, Mumbai:
Pros:
Quality of faculty is excellent and their experiences too.
Teaching quality of specialization related elective subjects is the best, mostly case study based.
The best part of learning is experiential learning and management workshop.
Infrastructure
Good crowd
Location of college - Ideal for students on Westen Line, Churchgate/VT to Borivali
General professionalism of staff
Good institutional facilities
Wi-Fi in whole campus (laptops, tabs only, no phone and mobiles - sad indeed)
Good classrooms - with surveillance
Decent average package (7 lacs)
I am happy with my decision of choosing Amity, Mumbai for my MBA.
Note: Amity has two campuses in Mumbai - Malad West (Mindspace) Campus and Amity University Panvel campus. So, if you are from western line Amity Malad Campus is the best option, but there are only limited seats for MBA in Malad campus i.e. 60 seats. They also offer BBA (60 seats) in Malad campus.
The other campus is in Panvel and they offer various programs in sience, technology, engineering, management and commerce, arts, fashion, mass-communication, journalism, etc. The admission is through entrance test in both these campus.
Cons:
Too strict in terms of attendance (minimum 75% attendance is a must to sit for next semester exam)
Dress code
Number of quality summer/winter internships (Only single day internship is provided, no stay)
Canteen can be better
Parking facility - First come basis
Few faculties - too strict
High fee structure - 6.2Lacs
I would not suggest IBS Mumbai. I cancelled my MBA admission there because in each classroom you will see 90+ students seated. It has poor student faculty ratio. Placement figures are usually inflated with fake variables included. The placement team keeps changing every year. Although few faculty, Visiting-faculty there are among the best faculty available in Mumbai and also taking lectures in Amity, Welingkar and NMIMS. IBS campus offers PGPM certificate and if you want to pursue MBA, you need to pay 1 lakh extra and also appear for separate exam for MBA as well which means for the same degree you need to appear for the exam twice and the best part is that MBA degree will not be from IBS Mumbai, but from some university in east India - Sikkim, Meghalaya or Tripura.

My suggestion would be IBS Mumbai. Based on your return on investment of 2 years PGPM program. Other than that IBS Mumbai provides second largest recruitment to its students successfully after IBS Hyderabad. As far as infrastructure is concerned it has a good ambience in the heart of Hiranandani Knowledge Park, Powai . Even the faculties are well experienced and expertise in their field of knowledge based on 3 sets of faculties that is visiting faculty, adjunct faculty and full time faculty. There is a separate departments for the convenience of students and faculties. There is a quite large auditorium in the campus where various educational, cultural and placement processes takes place. The placement cell is the dedicated department of the institute which works hard and invites 150 companies successfully every year. Major recruiters are HDFC Bank, ICICI Bank, Kotak Bank, ICICI Securities, JP Morgan Chase, Deloitte, Lodha Group, Tata AIG, Bandhan bank, and many more.