IBS Mumbai (ICFAI Business School Mumbai), established in 1995, is a leading private business school in India. Located in the cosmopolitan Powai suburb of Mumbai, the campus offers a vibrant environment for young management professionals. The IBS Mumbai campus is spread over an area of 1.83 acres and has facilities such as lecture halls, a library, and hostel facilities. The institute is placed among the top 25 business schools in India and the top 5 in Mumbai.
IBS Mumbai offers its flagship course, a two-year full-time MBA/PGPM program. Admission to the courses is entrance-based, and the accepted tests are IBSAT, CAT, NMAT by GMAC, XAT, and GMAT. The college also offers scholarships worth ₹10 crores to 500 deserving candidates. The 2024 placements in IBS Mumbai offered the highest package of ₹20 LPA and an average package of ₹8.03 LPA.
IBS Mumbai Deadlines 2025
Future students need to know the following key dates for the 2025 admission cycle:
| Event | Date |
|---|---|
| IBSAT 2024 Application Period | July 1, 2024 – December 3rd week, 2024 |
| IBSAT 2024 Test Dates | December 28 – 29, 2024 |
| IBSAT 2024 Results | 1st week of January 2025 |
| Selection Briefings | 2nd week of January 2025 |
| Selection Process for MBA/PGPM | January/March 2025 |
IBS Mumbai PG Admission 2025
IBS Mumbai provides a Post Graduate Programme in Management (PGPM), which is of an MBA standard. This is a two-year full-time postgraduate management program designed to prepare students for the ever-changing business world with the right skills and knowledge.
| Program Name | Duration | Eligibility Criteria | Fees |
|---|---|---|---|
| Post Graduate Programme in Management (PGPM) | 2 years | Graduation in any discipline with at least 50% marks; medium of instruction should be English. | ₹9,09,000 |
IBS Mumbai Application Process 2025
The application process for IBS Mumbai's PGPM program is as follows
1. Application Form:
The application form (PGPM Bulletin) can be bought online or offline. The application fee is ₹1,800.
2. Entrance Exam:
The candidates have to appear for the IBS Aptitude Test (IBSAT) organised by the institute. Scores of tests such as CAT, NMAT by GMAC, XAT, or GMAT are also acceptable.
3. Selection Process:
Candidates shortlisted based on entrance exam scores will be invited for a selection process consisting of a micro-presentation and personal interview.
IBS Mumbai Admission FAQs
What is the IBS Mumbai CAT cut-off for admission?
The CAT cut-off percentile of IBS Mumbai is generally 70%.
Does IBS Mumbai accept NMAT scores? If so, what is the cut-off?
Yes, IBS Mumbai accepts NMAT scores. The cut-off for NMAT is usually 55.
What is the average placement package of IBS Mumbai?
Average placement package of IBS Mumbai is ₹8.03 lakh per year.
How would IBS Mumbai rank within business schools in India?
IBS Mumbai ranks among the top 25 national business schools and top 5 in Mumbai.
What are the fees of the PGPM program at IBS Mumbai?
Total fees for two-year PGPM program at IBS Mumbai amount to ₹9,09,000.
Are scholarships offered to students at IBS Mumbai?
Yes, IBS Mumbai provides scholarships of ₹10 crores to 500 deserving candidates, with each scholarship worth ₹2 Lakhs for exceptional performers in the IBSAT exam.
How is the PGPM program of IBS Mumbai selected?
The selection process involves a micro-presentation and a personal interview for shortlisted students based on scores in entrance exams.
