ICFAI Business School IBS Mumbai
ICFAI Business School IBS
Private University
Estd 1995
Mumbai, Maharashtra
ICFAI Business School IBS Mumbai - Information
ICFAI Business School IBS Mumbai, part of ICFAI University, is a leading private B-school established in 1995. It is UGC-approved and accredited with an ‘A++’ grade by NAAC. Ranked among India's top B-schools, IBS College Mumbai is known for its strong academic programs, excellent industry connections, and impressive placement rates.
The IBS Mumbai offers a PGPM course with a fee of INR 9.09 Lakhs. To apply for the ICFAI Mumbai, candidates must have completed their graduation with 50% marks and have a valid score from entrance exams like IBSAT, NMAT, CAT, or XAT. The PGPM Program at ICFAI Mumbai is a two-year course designed to develop essential management skills, focusing on areas like business strategy and decision-making. It includes a 14-week Summer Internship Program (SIP) for hands-on experience. Students also enhance their soft skills such as communication, leadership, and presentation.
To apply for the PGPM Program at IBS College Mumbai, candidates need to complete the application, pay the INR 1,800 fee, and submit it. The admission process considers academic records, entrance exam scores (IBSAT, CAT, GMAT, NMAT), and performance in the Micro Presentation and Personal Interview. The IBSAT application is open from July to December, with the exam scheduled for December. The cutoff for CAT/XAT is 60 percentile, GMAT is 500+, and NMAT is 150+.
ICFAI Business School Mumbai has a 98% placement rate for the recent placement drive. The highest national salary was INR 20 LPA, and the highest international salary was INR 18 LPA. The average salary for graduates was INR 8.03 LPA. Major companies such as Deloitte and ICICI Prudential regularly recruit from ICFAI Business School IBS Mumbai.
The IBS college Mumbai campus is spacious and well-equipped, featuring smart classrooms, a large auditorium, a library with over 36,000 books, and a Bloomberg Finance Lab. Students also have access to computer and aptitude labs, along with a dedicated career development zone. Located in Powai, Mumbai, ICFAI Mumbai offers excellent facilities with great connectivity to the city's business hub.
ICFAI Business School IBS Mumbai - Courses & Fees
The PGPM (Post Graduate Program in Management) at IBS Mumbai is a two-year program designed to provide graduates with essential management skills for success in today’s fast-paced business world. The PGPM program eligibility at ICFAI Mumbai requires a minimum of 50% marks in graduation and a valid entrance exam score (IBSAT, NMAT, CAT, or XAT). The total course fee for the PGPM course at IBS College Mumbai is INR 9.09 Lakhs.
The course covers various areas of management, helping students develop a comprehensive understanding of business operations and corporate strategy. Students will learn to make critical decisions by analyzing situations from a managerial perspective while considering ethical implications. The PGPM program at ICFAI Business School Mumbai also includes a Summer Internship Program (SIP), which gives students practical exposure to the real-world business environment.
This 14-week internship helps students apply classroom knowledge to solve real-life problems. Additionally, the course emphasizes soft skills development like communication, presentation, and leadership. Below is an overview of the fees, duration, eligibility, and accepted entrance exams for the programs at ICFAI Business School IBS Mumbai:-
ICFAI Business School IBS Mumbai - PGPM
- Course Type: Diploma
- Accepted Entrance Exams: IBSAT, NMAT, CAT, XAT
PGPM - Specialization |
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Specialization |
Eligibility |
Fees |
Explore |
| General | 50% in Graduation + Entrance Exam Score | INR 9.09 Lakhs |
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ICFAI Business School IBS Mumbai Admission Process
The ICFAI Business School Mumbai admission process for the PGPM course is transparent and easy. Candidates can apply online or offline by filling out the application form, paying the application fee, and submitting it. The admission criteria for PGPM at IBS Mumbai include academic records, entrance exam scores (IBSAT, CAT, GMAT, NMAT), and performance in the Micro Presentation and Personal Interview. Scholarships are available for eligible candidates.
For IBSAT, the application process runs from July to December. Results are announced in January every year, followed by selection briefings and the final admission process in February and March. The ICFAI Mumbai Eligibility Criteria require a bachelor’s degree with at least 50% marks.
Non-English medium graduates need a TOEFL, NELT, or IELTS score. Final-year students can apply if they graduate by May 31 of the admission year. The IBS College Mumbai PGPM Admission Cutoff is 60 percentile for CAT/XAT, 500+ for GMAT, and 150+ for NMAT. The application fee is INR 1,800, and registration is available both online and offline. The admission process for ICFAI Business School IBS Mumbai is detailed below:
ICFAI Business School IBS Mumbai - Scholarships
ICFAI Business School Mumbai is offering special scholarships for students who perform well in the IBSAT test. These scholarships are available for candidates applying to the PGPM program and are designed to support talented and deserving students by reducing their financial burden.
IBSAT Scholarship Details
IBS has allocated a total of INR 10 Crores for scholarships, which will be awarded to 500 students across all its campuses. Each selected student will receive a scholarship worth INR 2 Lakh. This amount will be adjusted in the first and second-term fees, with INR 1 Lakh deducted from each term.
Eligibility for Scholarships
Scholarships will be awarded to students who belong to any of the following categories:
- IBSAT Toppers – Students who achieve the highest scores in the IBSAT test.
- Wards of IBS Alumni – Children of IBS graduates who are applying for the PGPM program.
- Physically Challenged Candidates – Students with any form of physical disability.
- Wards of Defence Personnel – Children of in-service or retired personnel from the Army, Air Force, Navy, and Paramilitary Forces.
Terms & Conditions
- The scholarship is only for candidates who appear for IBSAT and qualify.
- To be eligible, students must complete the admission process, pay the required fees, and register within the given timeline.
- The scholarship amount can only be used for adjusting the program fee and cannot be used for any other charges or expenses.
- If a student withdraws from the program, any applicable refund will be given after deducting the scholarship amount.
IBS aims to recognize and support talented students through this scholarship program. By offering financial assistance, IBS encourages students from diverse backgrounds to pursue quality management education and become future business leaders.
ICFAI Business School IBS Mumbai - Placements
The ICFAI Business School IBS Mumbai has achieved an impressive 98% placement rate for the recent placement drive. The highest national salary package offered was INR 20 LPA, while the highest international package was INR 18 LPA. The average salary for students was INR 8.03 LPA. Top-performing students received even higher salaries, with the top 10% earning an average of INR 13.56 LPA and the top 25% earning INR 11.45 LPA.
IBS College Mumbai has strong industry connections, attracting top recruiters like Deloitte, Federal Bank, Tata Capital, IDFC First Bank, PNB Housing Finance, ICICI Prudential Life Insurance, Lodha Group, and BSE. These placements highlight the institute’s commitment to providing excellent career opportunities for its students. Detailed information about recent placements at ICFAI Business School IBS Mumbai is shown in the table below:-
ICFAI Business School IBS Mumbai - Accreditations and Rankings
ICFAI Business School IBS Mumbai is approved by the University Grants Commission (UGC) and accredited by the National Assessment and Accreditation Council (NAAC) with an ‘A++’ grade. It has received several rankings and recognitions, making it one of the well-known business schools in India. In the IIRF 2024 rankings, it was placed 55th and 74th among MBA colleges in the country.
The Education World Survey 2023 ranked it 18th among the top 100 private B-Schools in India. It was also recognized as the 6th best among emerging B-Schools of Excellence by CSR GHRDC. IBS College Mumbai has also been graded ‘A4’ by Business Standard and ranked 20th by Business Today. Silicon India placed 6th among the top B-Schools and 3rd in the West Zone.
Additionally, Business India rated it ‘A++,’ further strengthening its reputation. These rankings reflect the school’s strong academic quality, faculty expertise, and industry connections, making it a preferred choice for management education. The details about accreditation and ranking of ICFAI Business School IBS Mumbai are as follows:
ICFAI Business School IBS Mumbai - Campus Facilities & Infrastructure
The ICFAI Business School IBS Mumbai offers a well-equipped and modern campus designed to provide a holistic learning experience. Spread over 150,000 sq. ft. across four floors in Knowledge Park, the IBS Mumbai campus features 30 learning halls with smart boards, AV facilities, and Wi-Fi. It also has a fully equipped conference room, a 500-seater air-conditioned auditorium, faculty cabins, syndicate rooms, and break-out rooms for group activities.
The elegant atrium serves as a space for student activities and team exercises. Separate common rooms for boys and girls, a dedicated student council room, and a proposed 1,500 sq. ft. gym add to student convenience. IBS College Mumbai has a strong focus on career development, with a dedicated placement zone for mock interviews, group discussions, and online interview training. The library at IBS College Mumbai spans 6,500 sq. ft., housing over 36,000 books, 33 journals, six online databases, and 3,000+ audio-visual materials.
The Centre for Language Development helps students improve English speaking, writing, and accent skills. The campus also features a computer lab with the latest software, SQL analytics labs, an aptitude lab for recruitment test preparation, and a Bloomberg Finance Lab with 12 Bloomberg terminals for hands-on financial training.
Students enjoy two cafeterias, quick-bite kiosks like Café Coffee Day and Nescafé, and a separate lunchroom. The ICFAI Mumbai campus is strategically located in Powai, Mumbai, a business hub with excellent connectivity and corporate presence. Below is a detailed overview of the campus facilities at ICFAI Business School IBS Mumbai:-
ICFAI Business School IBS Mumbai - Alumni
The ICFAI Business School IBS Mumbai has a strong alumni network called the IBS Alumni Federation (IBSAF). This federation is part of a larger community of over 70,000 alumni from various IBS campuses across India, with many working in top companies worldwide. Established in 1997, IBSAF helps former students stay connected, build relationships, and support each other professionally.
IBSAF provides networking opportunities where alumni can interact and grow in their careers. It also organizes events like alumni meets, seminars, and workshops to encourage learning and skill development. Alumni play an active role in guiding current students by offering internships, job placements, and guest lectures.
Besides professional support, IBS Alumni Federation also focuses on personal growth by hosting activities like yoga sessions, meditation workshops, and book discussions. Through these initiatives, IBSAF strengthens the bond between IBS and its alumni, ensuring that they continue to benefit from the IBS community long after graduation. Highlighted below are some of the prominent alumni of ICFAI Business School IBS Mumbai:-
ICFAI Business School IBS Mumbai - Review and Rating
Rating breakdown
ICFAI Business School IBS Mumbai - FAQs (Frequently Asked Questions)
What is the full form of IBS Mumbai?
What is the eligibility for the PGPM program at IBS Mumbai?
The PGPM program at IBS Mumbai requires a minimum of 50% marks in graduation and a valid entrance exam score from IBSAT, NMAT, CAT, or XAT.
What is the total fee for the PGPM course at ICFAI Business School Mumbai?
The total fee for the PGPM course at ICFAI Business School Mumbai is INR 9.09 Lakhs.
How long is the PGPM program at IBS Mumbai?
The PGPM program at IBS Mumbai is a two-year course designed to equip students with essential management skills.
What entrance exams are accepted for admission to ICFAI Mumbai?
ICFAI Mumbai accepts IBSAT, NMAT, CAT, and XAT scores for PGPM admission.
What is the placement rate at IBS Mumbai?
The placement rate at IBS Mumbai is 98%, showcasing the institute's strong industry ties and excellent career prospects for students.
What is the highest salary package offered at ICFAI Business School IBS Mumbai?
The highest national salary package offered at ICFAI Business School IBS Mumbai is INR 20 LPA, with the international package going up to INR 18 LPA.
What is the average salary at IBS Mumbai placements?
The average salary offered to students at IBS Mumbai during placements is INR 8.03 LPA.
Does ICFAI Business School Mumbai offer any scholarships?
Yes, ICFAI Business School Mumbai offers scholarships to deserving students, including IBSAT toppers, wards of IBS alumni, and physically challenged candidates.
What is the cutoff for CAT and XAT exams at IBS College Mumbai?
The cutoff for CAT and XAT exams at IBS College Mumbai is 60 percentile.
What is the application process for ICFAI Business School Mumbai?
To apply, candidates must fill out the application form, pay the INR 1,800 fee, and submit it online or offline, followed by a Micro Presentation and Personal Interview.
What facilities are available for students at ICFAI Business School Mumbai?
Students at ICFAI Business School Mumbai have access to a computer lab, career development zone, Bloomberg Finance Lab, library, cafeterias, and more.
Is there an opportunity for students to study abroad at ICFAI Business School Mumbai?
ICFAI Business School Mumbai does not have a specific study abroad program, but it offers strong global industry connections and international placements.
Can final-year students apply for PGPM at IBS Mumbai?
Yes, final-year students can apply for PGPM at IBS Mumbai, provided they complete their graduation by May 31, 2025.
What is the library collection like at ICFAI Mumbai?
The library at ICFAI Mumbai is spacious and contains over 36,000 books, 33 journals, and various online databases for management research.
What is the ranking of ICFAI Business School Mumbai?
ICFAI Business School Mumbai is ranked 55th by IIRF 2024 and is considered one of India’s top business schools.
What are the career development services offered at IBS Mumbai?
IBS Mumbai offers dedicated career development services, including mock interviews, group discussions, and placement preparation workshops.
How are the faculty members at ICFAI Business School IBS Mumbai?
The faculty at ICFAI Business School IBS Mumbai are highly qualified, with many holding Ph.Ds. and contributing to prestigious research journals.
What are the admission requirements for the PGPM program at IBS Mumbai?
Candidates need a bachelor’s degree with at least 50% marks, along with an entrance exam score, Micro Presentation, and Personal Interview.
What is the IBS Mumbai fee structure for the PGPM program?
The total fee for the PGPM program at IBS Mumbai is INR 9.09 Lakhs, payable in installments across the course duration.
How does ICFAI Mumbai support student extracurricular activities?
ICFAI Mumbai has various student activity spaces, including a gym, break-out rooms, and common rooms, promoting a balanced campus life.
What companies recruit from ICFAI Business School Mumbai?
Top recruiters include Deloitte, Federal Bank, Tata Capital, ICICI Prudential, IDFC First Bank, and many more.
How is the placement process at IBS Mumbai?
The placement process at IBS Mumbai includes pre-placement talks, interviews, and a dedicated career development zone to prepare students for their careers.
What kind of industry connections does ICFAI Mumbai have?
ICFAI Mumbai has strong industry connections with leading firms such as Deloitte, Tata Capital, and ICICI Prudential, ensuring top placements.
Can students apply for IBS Mumbai scholarships without taking IBSAT?
No, IBS Mumbai scholarships are available only for candidates who appear for IBSAT and meet the eligibility criteria.
What is the address of ICFAI Business School IBS Mumbai?
ICFAI Business School IBS Mumbai is located at Hiranandani Knowledge Park, Off.Technology Street, Hiranandani Gardens, Powai, Mumbai, 400076.
What are the terms and conditions for IBS Mumbai scholarships?
The scholarship is available only for IBSAT-qualified candidates and can only be used for adjusting the course fee, not for other expenses.
What specializations are available in the PGPM program at IBS Mumbai?
The PGPM program at IBS Mumbai offers various Management specializations, including Finance, Marketing, and HR, among others.
What is the duration of the Summer Internship Program at ICFAI Business School Mumbai?
The Summer Internship Program (SIP) at ICFAI Business School Mumbai is 14 weeks long, providing students with real-world business exposure.
What is the campus infrastructure like at IBS Mumbai?
The campus at IBS Mumbai includes smart classrooms, an auditorium, faculty cabins, a library, and various student activity zones.
What is the ranking of ICFAI Business School Mumbai in the Education World Survey 2023?
In the Education World Survey 2023, ICFAI Business School Mumbai ranked 18th among the top 100 private B-Schools in India.
What is the Bloomberg Finance Lab at ICFAI Business School Mumbai?
The Bloomberg Finance Lab at ICFAI Business School Mumbai is equipped with 12 Bloomberg terminals, allowing students to gain hands-on financial training.
What is the purpose of the Centre for Language Development at ICFAI Mumbai?
The Centre for Language Development helps students improve their English speaking, writing, and accent skills to enhance their communication abilities.
How is the alumni network at ICFAI Business School IBS Mumbai?
The alumni network at ICFAI Business School IBS Mumbai is robust, with over 70,000 members actively engaged in the IBS Alumni Federation (IBSAF).
What is the qualification of the faculty at IBS Mumbai?
IBS Mumbai boasts a team of highly qualified faculty members. It has 45 core faculty members, most of whom hold PhDs or are PhD scholars. In addition, over 100 corporate practitioners serve as visiting faculty. IBS Mumbai faculty are actively involved in research, contributing to prestigious journals, conferences, and seminars, and many have authored textbooks.
How does IBS Mumbai approach teaching and learning?
IBS Mumbai uses innovative teaching methods to enhance management learning. The faculty employs experiential learning techniques and is particularly skilled in the case discussion method. This approach helps students gain practical insights and a deeper understanding of management concepts.
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