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IBS Mumbai - ICFAI Business School

ICFAI Business School Mumbai (IBS Mumbai) offers top PGPM & Executive MBA programs in Management with 95% placements, the highest package INR 20 LPA & average INR 7.89 LPA. Admission via IBSAT/CAT/XAT; fees INR 9.09L. Ranked 25 by Business Today 2024. Explore courses, eligibility, cutoffs & scholarships for the 2025 intake.

LocationMumbai (Maharashtra)
GalleryGallery
Highest Package18.8 Lacs
Year of Establishment1995
TypePrivate
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Updated on - Sep 12, 2025 11:24 AM IST

ICFAI Business School (IBS), Mumbai Latest Updates

dateJuly 24, 2025

New FAQ Section for Prospective Students - A new FAQ section has been added to assist prospective students with common queries regarding admissions, programs offered, eligibility criteria, application process, and more. This section aims to provide clarity and guidance to help students navigate the admission process effectively. For any further clarification, prospective students are encouraged to visit the IBS Information Office or contact the Admissions Office directly.

dateJuly 24, 2025

IBSAT 2025 Application Guidelines Released - Detailed application guidelines for prospective students applying for IBSAT 2025 are now available. Applicants are advised to read the eligibility criteria and gather necessary information before filling out the online application. Important instructions include ensuring a valid email address and contact details, preparing academic records for percentage calculations, and understanding the application process. The application can be completed online through the provided link. For any clarifications, prospective students can contact the IBS Admissions Office.

About ICFAI Business School (IBS), Mumbai

ICFAI Business School Mumbai, also known as IBS Mumbai, is a private business school established in 1995. Located in Mumbai, Maharashtra, the IBS Mumbai campus spans over 2 acres. The college is a constituent of the ICFAI Foundation for Higher Education and is recognised by the UGC. IBS Mumbai is ranked 25th by Business Today in the Management category in 2024.

IBS Mumbai offers Postgraduate programs in the stream of Management. PGPM and Executive MBA are some of the popular courses. Admissions at IBS Mumbai are based on Entrance Examinations. The college accepts IBSAT, CAT, XAT, NMAT, and GMAT for PGPM.

For placements, the IBS Mumbai placement rate is 95% (2025). During the placement drive of 2025, the highest salary package offered was INR 20 LPA, and the average package stood at INR 7.89 LPA.

IBS Mumbai Highlights

Some major facts and figures about IBS Mumbai are given in the table below:

ParticularsIBS Mumbai Highlights 2025
College NameICFAI Business School Mumbai
Establishment Year1995
Campus Size2 acres
Recognised byUGC
Rankings (2025)Business Today Management: 25
Popular CoursesPGPM, Executive MBA
Admission CriteriaEntrance Examination
Official Websiteibsindia.org/ibs-mumbai
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IBS Mumbai Courses and Fees

The table below lists some of the popular courses offered by IBS Mumbai along with their eligibility, selection criteria, and total fees:

Course NameEligibility & Selection CriteriaTotal Fees
PGPMBachelor’s Degree with 50% + IBSAT/CAT/XAT/NMAT/GMAT + Micro Presentation + Personal Interview₹909,000
Executive MBABachelor’s Degree with 50% + 3 years work experience + Merit-based₹450,000

IBS Mumbai Admission 2025

IBS Mumbai admissions are based on National Level Entrance Examinations. Students seeking admission at IBS Mumbai must fulfil the eligibility criteria set by the college and appear for the entrance examination. Interested students should follow the criteria for IBS Mumbai admissions:

  • PGPM: Candidates seeking admission to PGPM must appear for the IBSAT/CAT/XAT/NMAT/GMAT and participate in the Micro Presentation and Personal Interview for the seat allotment process.
  • Executive MBA: Admissions to the Executive MBA are based on marks secured in the qualifying examination and work experience.
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₹4,54,500Fees
2 YearsDuration
RegularStudy Mode
Exams Accepted:NMAT by GMAC
Courses OfferedView AllPostgraduate Program in Management (PGPM)

ICFAI Business School (IBS), Mumbai Highlights

IBS Mumbai Placements

IBS Mumbai provides on-campus, off-campus, and internship opportunities to all its students through its placement cell. The college has a strong placement record with top recruiters from various industries. As per the IBS Mumbai Placement Report 2025, a total of 570 students were placed in top-notch companies. IBS Mumbai placement statistics for 2025 are as follows:

ParticularsPlacement Statistics 2025
Placement Rate95%
Highest PackageINR 20 LPA
Average PackageINR 7.89 LPA
Median PackageINR 7 LPA
No. of Offers570
No. of Students Placed570
No. of Companies Visited242

IBS Mumbai Top Recruiters

Top recruiters for graduates from IBS Mumbai are given below:

  • Deloitte
  • HDFC Bank
  • ICICI Bank
  • Wipro
  • PwC
  • TCS
  • EY
  • Zomato
  • Aditya Birla Capital
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ICFAI Business School (IBS), Mumbai Placement Stats 2023

% of students placed
98
Average Package
8.5 Lacs
Highest Package
18.8 Lacs

ICFAI Business School (IBS), Mumbai Placement Trend

Sector wise placements

2023 Placement comparison with nearby colleges

Top Recruiters at ICFAI Business School (IBS), Mumbai

Predict

ICFAI Business School (IBS), Mumbai Cut Off

PGPM

PGPM in General Management (Management)

ICFAI Business School (IBS), Mumbai Reviews

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(2 Reviews)
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Students Feedback
Y
Youkthi TPostgraduate Program in Management (PGPM) | 2022 | Jul 29, 2024 11:36:48
I believed and I still believe that this will be the most amazing college . I had experienced the best here and still wish that if i ever get chance to choose college for my higher studies then this will be my only choice. You will too get all superb facilities here . So go and get admission here at the earliest.
P
Priyanshee SharmaPostgraduate Program in Management (PGPM) | 2021 | Apr 20, 2024 12:58:18
They provide good support to the student's education and their talents. They also conduct sports meet and annual meet and Many more competitions to improve the student's talents.

ICFAI Business School (IBS), Mumbai FAQs

What is the pattern of IBSAT 2023?

IBSAT 2023 is a 2-hour online test consisting of 140 multiple-choice questions (MCQs) in four sections: Verbal Ability  Reading Comprehension  Quantitative Ability Data Adequacy and Data Interpretation

What is IBSAT?

IBSAT stands for IBS Admission Test, which is a computer-based test conducted by ICFAI Business School (IBS) for admission to its postgraduate programmes such as PGPM. IBSAT 2023 will be held in the fourth week of December 2023. IBSAT 2023 will contain 140 multiple-choice questions in four sections, verbal ability, reading comprehension, quantitative ability and data adequacy and interpretation. No negative marking will be done in the test. Also, a mock test will be conducted for students to get familiar with the exam pattern.

What is the last date for applying for IBSAT 2023?

The last date for applying for IBSAT 2023 is third week of December 2023.

When will the IBSAT 2023 results be declared?

The IBSAT 2023 results will be declared in the first week of January 2024.

Can I get admission at IBS Mumbai without appearing for IBSAT 2023?

Yes, candidates can apply with scores from 2021 onwards of GMAT/CAT/ NMAT by GMAC/XAT for admission to PGPM at IBS Mumbai without appearing for IBSAT 2023. However, these students will not be considered for the merit scholarships provided by the institute based on IBSAT 2023.

Is IBS MUMBAI recognized by the UGC?

Yes, IBS MUMBAI is recognized by the UGC.

When was the college , IBS MUMBAI established ?

IBS MUMBAI was established in the year 1995.

Is IBS MUMBAI a government college?

IBS MUMBAI is Private college.
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IBS Mumbai Rankings

IBS Mumbai is ranked among the top institutes in India. The latest rankings of the college are as follows:

Ranking BodyStream/CategoryRank 2024
Business TodayManagement25
The WeekManagement21
India TodayManagement23
OutlookManagement24
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IBS Mumbai Campus Life & Facilities

The campus provides top-notch facilities for academic and extracurricular activities:

  • Library – Over 50,000 books, e-resources, and journals
  • Sports Complex – Facilities: badminton, table tennis, gym
  • Hostels – Off-campus PG accommodations; no on-campus hostels
  • Medical Facilities – Tie-ups with nearby hospitals for emergencies
  • Innovation Hubs – Case study development centre, management labs
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Campus Facilities

campus-facilitiesAuditorium
campus-facilitiesComputer Lab
campus-facilitiesGym
campus-facilitiesLibrary
campus-facilitiesMedical Facilities
campus-facilitiesCls. Room
campus-facilitiesPlacement
campus-facilitiesSports
campus-facilitiesTrans.
campus-facilitiesWiFi
campus-facilitiesCafeteria
campus-facilitiesLaboratories

ICFAI Business School (IBS), Mumbai Faculty

ICFAI Business School (IBS), Mumbai Scholarships

The IBS Mumbai scholarship is offered on a merit basis to the students who appear for IBSAT 2023. IBS Mumbai is offering a total of 10 crores worth of scholarships of which 500 merit scholarships are being offered. The IBS Mumbai merit scholarship amount would be adjusted to one lakh rupees each in the 1st and 2nd-semester instalments against a fee payable by the students. Students can check out the scholarships offered by ICFAI Business School Mumbai for the academic year 2023-24.  

IBS Mumbai Scholarship Scheme 2023

Scholarship NameEligibility CriteriaAmount of Scholarship
Merit Scholarships from IBSAT 2023 TestIBSAT 2023 Top performers/Wards of Defence Personnel (serving or retired) from Army/Airforce/Navy and Paramilitary forces/Wards of IBS Alumni/Physically Challenged CandidatesRs 2 Lakhs per candidate
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ICFAI Business School (IBS), Mumbai Contact Details

College Location

  • addressHiranandani Knowledge Park Off.Technology Street, Hiranandani Gardens,, Powai, Mumbai 400076
  • emailibsmum@ibsindia.org
  • telephone+91-22-40434343
  • telephonehttps://ibsindia.org/ibs-mumbai/

Related Questions

r
riya •  Jun-23-2023
Placements is not that easy task to do but if you are career oriented and make small small goals to achieve big in life then you can easily get placed in not only one company but in 3-4 companies because in LPU tons of companies come every year for placements. University conduct PEP classes, mock interview classes, webinars, workshops, guest lecture from expert students kept on participating in these activities by which their skill will be enhancing and their personality comes across better. The key points for students: • Attend all the lectures, maintain the attendance always and CGPA • Attend all the personal enhancement classes by which you work on your personality and soft skill. • Just believe in yourself and don’t realia on short cuts there is no short cut in life, do hard work keep on do that after you become pro in that then do smart work it will best for you own career. So dear, LPU will give you all which you need in order to find a great job, but it is YOU who has to grab the opportunity.

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