ICFAI Business School (IBS) Mumbai, established in 1995, is a leading management school that offers a two-year Post Graduate Program in Management (PGPM). Spread over 80,000 sq ft. IBS Mumbai is equipped with cutting-edge infrastructure like a 225-seater auditorium, syndicate rooms with state-of-the-art equipment for interactive learning sessions, and world-class classrooms. Renowned for its academic competence, IBS Mumbai has all along been consistently ranked among the top business schools in India. The institute runs industry-relevant programs with special emphasis on developing analytical thinking skills, leadership ability, and problem-solving skills.
For the class of 2024, 98% of students were placed. The highest domestic package stood at INR 20 LPA, whereas the IBS Mumbai average package stood at INR 8.03 LPA. IBS Mumbai PGPM fees is INR 9.09 lakhs, which makes it a competitive option for future management professionals.
IBS Mumbai Highlights 2025
To have a general idea of IBS Mumbai, here are some highlights:
Key Facts | Details |
---|---|
Year of Establishment | 1995 |
IBS Mumbai Rankings | 20th by Business Today, 6th by Silicon India |
Accreditation | Not specified |
Campus Size | 80,000 sq ft |
Location | Mumbai, Maharashtra |
Number of Students | Not specified |
Faculty | Not specified |
How to Reach | By Train: The nearest railway station to IBS Mumbai (ICFAI Business School Mumbai) in Bhandup West is Vikhroli. It's a 21-minute walk away. |
IBS Mumbai Fees 2025
The fee policy at IBS Mumbai is competitive and is formulated to offer quality education at a reasonable price. Here is a detailed breakdown of the fees for the PGDM program:
Course | Total Fees (INR) |
---|---|
PGPM | 9,09,000 |
IBS Mumbai Courses 2025
IBS Mumbai offers its signature program- PGPM. Here are the details of the course provided:
Course | Selection Process | Eligibility |
---|---|---|
PGPM | IBSAT/CAT/GMAT/NMAT + Micro Presentation & PI | Graduation with at least 50% marks |
IBS Mumbai Admission 2025
The admission process in IBS Mumbai is purely entrance-based and merit-oriented. The following are the step-by-step instructions on how to apply for the PGPM course in IBS Mumbai:
Step 1: Eligibility Criteria
- Academic Requirement: The candidate should have a bachelor's degree with a minimum 50% marks in aggregate.
- Entrance Exams: Scores of IBSAT, CAT, GMAT, NMAT, and XAT are accepted by IBS Mumbai. Candidates with a satisfactory score in these exams need not appear for IBSMBA.
Step 2: Application Process
- Online Application: Log on to the official website at https://admissions.ibsindia.org/.
- Fill Application Form: Enter personal details, educational details, etc.
- Pay Application Fee: Non-refundable application fee is INR 1,800, payable online through net banking, credit card, debit card, or UPI.
- Offline Application: Alternatively, the candidates can apply offline by visiting the admission office.
Step 3: Selection Process
- Entrance Exam: The candidates should appear for IBSAT or provide valid scores of CAT, GMAT, NMAT, or XAT.
- Micro Presentation & Personal Interview: The selected candidates are invited for a Micro Presentation and Personal Interview at one of the IBS campuses.
- Final Shortlisting: The final shortlisting is done on the basis of previous academic performance and Micro Presentation and Personal Interview.
Documents Required
- Class 10 and Class 12 Marksheets and passing certificates
- UG marksheets
- UG degree
- Transfer certificate
- Category certificate (for SC/ST/OBC candidates)
- Medical certificate (for Persons with Disabilities)
- Income certificate (for EWS category candidates)
Application Fee
- The application fee for IBS Mumbai is INR 1,800, which is non-refundable.
Exemptions from IBSAT
- Candidates with a CAT score of 60 percentile or more, GMAT score of 500 or more, NMAT score of 150 or more, or XAT score of 60 percentile or more are exempt from appearing for IBSAT.
IBS Mumbai Cut Off 2025
The cutoff for IBS Mumbai depends on the entrance examination. Here is an approximate understanding of the CAT cutoff percentiles:
Section | 2024 |
---|---|
Overall | 70 |
Quants | 40 |
VA-RC | 40 |
DI-LR | 40 |
IBS Mumbai Placement 2024
Placement Statistics (Class of 2024) | Details |
---|---|
Placement Rate | 98% |
Highest Domestic Package | INR 20 LPA |
Highest International Package | INR 18 LPA |
IBS Mumbai MBA Average Package | INR 8.03 LPA |
Top 10% Average Package | INR 13.56 LPA |
Top 25% Average Package | INR 11.45 LPA |
Top Recruiting Companies | HDFC Bank, ICICI Bank, TCS, MyGate |
IBS Mumbai Rankings 2025
In order to gauge the position of IBS Mumbai relative to other colleges, here are some of its prominent rankings:
Ranking Authority | Rank | Year |
---|---|---|
Business Today | 20 | 2024 |
Silicon India | 6 | 2024 |
Careers 360 | 7 | 2024 |
IBS Mumbai Vs IBS Hyderabad Vs IBS Pune
For those who are interested in multiple options, here is a comparison between IBS Mumbai and other prestigious colleges based on campus area, fees, and placement figures:
College | Campus Size | Fees (INR) | Placement Rate | Highest Package (INR) | Average Package (INR) |
---|---|---|---|---|---|
IBS Mumbai | 80,000 sq.ft. | 9,09,000 | 98% | 20 LPA | 8.03 LPA |
IBS Hyderabad | 10 Lakh sq.ft. | 16,02,000 | 94% | 21 LPA | 9.71 LPA |
IBS Pune | 79,714 sq.ft. | 9,09,000 | 99% | 12 LPA | 7.59 LPA |
IBS Mumbai FAQs
How much is the IBS Mumbai MBA fee?
The IBS Mumbai MBA fee for the PGPM course is INR 9.09 lakhs.
How much is the IBS Mumbai average package?
The IBS Mumbai average package offered during placements in 2024 was INR 8.03 LPA.
What is the IBS Mumbai CAT cutoff?
The actual IBS Mumbai CAT cutoff is not officially mentioned.
What is the IBS Mumbai NMAT cutoff?
NMAT cutoff for IBS Mumbai is not disclosed.
How are placements in IBS Mumbai?
IBS Mumbai placement figures are impressive, with a 98% placement rate and the highest package going up to INR 20 LPA.
Does IBS Mumbai provide scholarships?
Yes, IBS Mumbai does provide scholarships for deserving students.
What are the IBS Mumbai hostel charges?
IBS Mumbai hostel charges are not mentioned on the official website.
Which are the most prominent recruiters at IBS Mumbai?
HDFC Bank, ICICI Bank, TCS and many others.