IBS Mumbai - ICFAI Business School

IBS Mumbai admission 2024 is open. For admissions, the IBSAT 2024 registrations will commence tentatively on July 01, 2024. Candidates seeking admission to MBA/PGDM programme offered by IBS Mumbai must fill out the online application form before the deadline. Moreover, the IBSAT 2024 exam is tentatively scheduled for the last week of December 2024, with results expected shortly after the examination. The CAT 2024 exam will be conducted on November 24, 2024, for IBS Mumbai MBA admissions.
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LocationMumbai (Maharashtra)
Highest Package18.8 Lacs
Year of Establishment1995
Updated on - Jun 12, 2024 09:39AM IST

ICFAI Business School (IBS), Mumbai Latest Updates

June 12, 2024 9:39 AM

IBS Mumbai admits students purely based on merit; any canvassing will result in disqualification.

June 12, 2024 9:39 AM

IBS Mumbai confirms that they do not employ any agents for admissions.

June 12, 2024 9:39 AM

In 2023, IBS Hyderabad, a sister campus of IBS Mumbai, ranked 40th in India by Business Today.

June 12, 2024 9:39 AM

IBS Mumbai's sister campus, IBS Hyderabad, secured the 40th rank in the 2023 NIRF Management Ranking.

June 12, 2024 9:39 AM

IBS Mumbai offers HDFC Joint Certification Program for placement.

June 8, 2024 4:31 PM

Dimensions, the Journal of Management at IBS Mumbai.

June 8, 2024 4:31 PM

IBS Mumbai's Venture academy collaborates with University of Essex, UK.

June 8, 2024 4:31 PM

National management event, Konflux, at IBS Mumbai.

June 8, 2024 4:31 PM

Parivartan, the student body for social change at IBS Mumbai.

June 8, 2024 4:31 PM

Programs and initiatives at IBS Mumbai.

About ICFAI Business School (IBS), Mumbai

Registrations for IBS Mumbai admission 2023 is open for postgraduate courses. ICFAI Business School offers admission to Postgraduate Diploma Programme in Management (PGPM). The last date for registration will be announced later in the month of December 2023. The IBS Mumbai course is offered for a duration of two years based on the student’s performance in various entrance examinations. ICFAI Business Studies Aptitude Test (IBSAT) 2024 will be conducted on December 23 - 24,2024. The results will be announced in the first week of January.  Students who have scored valid marks in CAT, XAT, GMAT and NMAT by GMAC are eligible to apply for admission. 
ICFAI Business Studies Mumbai is a popular management college located in Mumbai, Maharashtra. The institute offers excellent faculty, infrastructure and nurturing environment to the students. The statistics of  IBS Mumbai placement 2023 have shown the number of opportunities offered to PGPM students. The institute has secured a 98% placement rate for the academic year 2024. 

ICFAI Business School (IBS), Mumbai Highlights

ICFAI Business School (IBS), Mumbai Placements

The IBS Mumbai placement 2023 season for the PGPM programme was a successful one. The IBS Mumbai average salary offered for PGPM graduates was Rs 8.17 LPA. For more details, students can check the statistics of ICFAI Business School Placement 2023 in the table below. 

IBS Mumbai Placement 2023 Statistics

Highest Package Rs 18.80 LPA
Average Package Rs 8.17 LPA
Top Recruiters ICICI Bank, PWC SDC, Kotak Mahindra Bank, Bank of America KPO, National Stock Exchange, EY GDS, DBS Bank Ltd., Home First Finance India Pvt. Ltd., Deloitte Tax Services, HDFC Bank, Tata Capital
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ICFAI Business School (IBS), Mumbai Placement Stats 2023

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

ICFAI Business School (IBS), Mumbai Placement Trend

Sector wise placements

2020 Placement comparison with nearby colleges

Top Recruiters at ICFAI Business School (IBS), Mumbai

ICFAI Business School (IBS), Mumbai Courses and Admission 2024

IBS Mumbai admission 2023  is open for the PGPM programme. The admission is based on eligibility criteria and performance in entrance exams such as IBSAT, CAT, XAT, GMAT and NMAT by GMAC. The deadline for application to ICFAI Business School admission 2023 is the third week of December 2023.  Students who qualify for the eligibility will be called for the selection process to be held in February/March 2024.  Aspiring students can check out the admission schedule and  IBSAT 2023 exam date in the table below. 

IBS Mumbai Admission Dates 2023

Application SubmissionJuly 01, 2023 - 3rd week of December 2023
IBSAT 2023 exam dateDecember 23 – 24, 2023
IBSAT 2023 result date1st Week of January 2024
Selection Briefings2nd Week of January 2024
Selection ProcessFebruary/March 2024
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ICFAI Business School (IBS), Mumbai Cut Off


PGPM in General Management (Management)

ICFAI Business School (IBS), Mumbai Reviews

(1 Reviews)
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Students Feedback
Priyanshee SharmaPostgraduate Program in Management (PGPM) | 2021 | 1 month ago
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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ICFAI Business School (IBS), Mumbai Rankings 2019

  • CSR – GHRDC B-School Survey – 2017: 8th Rank in Leading B-Schools Super Excellence Category
  • SILICON INDIA: ’What if not IIM’s B-Schools Survey – 2018’ –All India 4 th Rank in A+++ Category Academic Excellence 4 th Rank All India Industry Interface 3 rd Rank All India
  • 2nd Rank – West Zone
  • Careers 360 B-Schools Rankings 2018 AA+
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ICFAI Business School (IBS), Mumbai Campus Facilities and Infrastructure

  • AC Classrooms
  • Auditorium
  • Cafeteria 
  • Library
  • Laboratory
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Campus Facilities

Computer Lab
Medical Facilities
Cls. Room

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

ICFAI Business School Mumbai Courses and Fee Structure

The Post Graduate Programme in Management (PGPM) at IBS Mumbai is a two-year, full-time residential programme. ICFAI Business School course offered with 12 specialisations. The PGPM programme at IBS Mumbai is taught by a faculty of experienced and accomplished academics and professionals. Students can go through the IBS Mumbai courses and fee structure along with the eligibility criteria required for admission in the table below. 

IBS Mumbai Courses and Fees 


Total Fees 


PGPMRs 9.9 Lakh

Graduation: 50%


ICFAI Business School (IBS), Mumbai Contact Details

College Location

  • addressHiranandani Knowledge Park Off.Technology Street, Hiranandani Gardens,, Powai, Mumbai 400076
  • telephone+91-22-40434343

Related Questions

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.