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ICFAI Business School - [IBS] Hostel Fees 2025, Facilities, Rooms, Food, Accommodation

Private|Estd. 1995|NAAC Grade A

• Updated on 12 Dec, 2025 by Sachi Jain

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26 Aug, 2025 : The IBSAT 2025 application process began on July 1, 2025, for admission to various MBA/PGPM programs. ICFAI Business School (IBS) has opened the application window in both online and offline modes. The last date to apply is expected to be in the third week of December 2025. The IBSAT 2025 entrance test is scheduled to be held on December 27 and 28, 2025.

ICFAI Business School (IBS) in Mumbai, Maharashtra, is a prominent institution for management education, known for its academic excellence and strong corporate connections. However, IBS Mumbai does not provide on-campus hostel facilities. Instead, students typically opt for private hostels, paying guest accommodations, or flats in nearby areas like Powai, Navi Mumbai, or Vashi. The college assists students in finding these accommodations, often through brokers. Living arrangements are diverse, with costs ranging from INR 5,000 to 20,000 per month depending on the type and furnishing of the accommodation.

 

Table of Contents
  1. ICFAI Business School - [IBS] Hostel Overview
  2. ICFAI Business School - [IBS] Hostel Fees & Room Categories
  3. ICFAI Business School - [IBS] Facilities, Dining & Student Life
  4. ICFAI Business School - [IBS] Safety, Health & Policies
  5. ICFAI Business School - [IBS] Hostel Allotment & Application

 

ICFAI Business School - [IBS] Hostel Overview

ICFAI Business School in Mumbai does not have any on-campus hostels for students. As a result, the college does not have specific hostel-related policies such as capacity, room allocation based on seniority, or separate hostels for boys and girls. Students are advised to seek accommodations in nearby locations, which can vary in terms of sharing and facilities. The college's infrastructure is focused on educational facilities rather than residential ones, with students often choosing to stay in off-campus accommodations that are readily available in the area.

 

ICFAI Business School - [IBS] Hostel Fees & Room Categories

Since IBS Mumbai does not provide on-campus hostels, the traditional hostel fees structure does not apply. Instead, students pay rent for private accommodations that can range from INR 5,000 to 20,000 per month. These costs vary based on the type of accommodation and its location. There is no specific security deposit or mess advance applicable to the college's hostel system since students organize their own living arrangements.

 

However, nearby private hostel options might require a deposit, which can vary significantly. For instance, a private hostel near the college might charge around INR 170,000 per year including a refundable deposit, but this is not a standard college-hosted accommodation option.

 

ICFAI Business School - [IBS] Facilities, Dining & Student Life

While IBS Mumbai does not offer hostel facilities, it provides a well-equipped campus with various amenities to support students in their academic and co-curricular pursuits. The campus includes facilities like Wi-Fi throughout the premises, IT labs equipped with 50 desktops, a library with 30,000 books, a reading room, and recreational facilities such as a gym and sports clubs. The college also features three canteens and outlets like CCD and Nescafe, offering a variety of dining options for students.

 

Students arrange their own meals when living off-campus, but the college canteens provide a convenient dining option during the day. The campus life at IBS Mumbai is vibrant, with a strong focus on academic and extracurricular activities that enhance the overall student experience.

 

ICFAI Business School - [IBS] Safety, Health & Policies

Since IBS Mumbai does not manage hostels, the college does not have specific hostel-related safety and health policies. However, the campus itself is well-equipped with security measures to ensure a safe environment for students. These include a gated entry system, surveillance, and a generally secure environment. For students living off-campus, safety and rules are managed by the respective accommodation providers, which may include gated communities or PG accommodations with their own security measures. Health support is generally available through local medical facilities, and students are advised to use these services if needed.

 

ICFAI Business School - [IBS] Hostel Allotment & Application

As IBS Mumbai does not provide on-campus hostels, there is no formal hostel allotment process for students. Instead, students are encouraged to seek accommodations in nearby areas through brokers or local listings. The college does assist students in finding these accommodations but does not manage the process centrally.

 

Students who wish to find accommodations in the area can follow these general steps:

  • Identify Accommodations: Look for private hostels, PGs, or flats in Powai or nearby areas.

  • Broker Assistance: Utilize broker services recommended by the college or alumni networks.

  • Inspect and Confirm: Visit potential accommodations to check facilities and confirm availability.

  • Rent and Deposit: Agree on rent and deposit terms with the accommodation provider.

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