ICFAI Business School, Mumbai

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%.

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

FLAME University-Pune is a better option than IBS-Mumbai due to:

- Higher rating (4.3/5)
- Wider range of courses (20)
- Better student reviews
- Stronger placement record (avg INR 11 LPA, the highest INR 25 LPA)

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.

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.

Both IBS Mumbai and MIT-WPU are good options to pursue PGPM. However, in terms of affordability,  IMS Mumbai is slightly more affordable since the tuition fees to pursue PGPM at IBS Mumbai is INR 9.09 lakh, and the tuition fee to pursue PGPM at MIT-WPU is INR 9.40 lakh.

Note: The fee mentioned above is as per the official sources. However, it is indicative and subject to change.

To know which college to choose, students can compare the options based on significant factors such as fees and the highest salary. To help,  presented below is a comparison between the PGPM courses at IBS Mumbai and MIT-WPU, based on fees and the highest salary:

Note: The abovementioned information is as per official sources. However, it is subject to change. Hence, it is indicative.

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 a minimum score of 80 percentile and above
3.  For GMAT- The top 25 candidates with a minimum score of 550 and above are qualified for scholarship
4.  For NMAT by GMAC takes in the top 100 candidates with a minimum score of 225 and above for scholarship

Yes, PGPM students at IBS Mumbai are offered scholarships. The institute provides numerous scholarships worth INR 10 crore. Check out the below list to know all the scholarships available for PGPM students:

• Merit scholarships for the Class of 2026
• Wards of Defence Personnel (In-service/retired) from Army, Air Force, Navy, and Paramilitary Forces
• For Toppers in IBSAT
• For Physically Challenged Candidates
• For Wards of IBS Alumni