ICFAI Business School Mumbai (IBS), Maharashtra, is a prominent institution for management education, known for its academic rigour and strong corporate exposure. While evaluating the overall IBS Mumbai MBA fees, students should note that IBS Mumbai does not provide on-campus hostel facilities. As a result, accommodation costs are not included in the IBS Mumbai MBA fees and must be managed separately by students.
Students typically opt for private hostels, paying guest (PG) accommodations, or rented flats in nearby areas such as Powai, Navi Mumbai, and Vashi. The institute assists students informally—often through brokers or alumni references—to identify suitable housing options. Monthly accommodation expenses generally range from INR 5,000 to INR 20,000, depending on location, sharing type, and furnishing.
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ICFAI Business School - [IBS] Hostel Overview
IBS Mumbai does not operate any on-campus hostels. Therefore, there are no institute-managed policies related to hostel capacity, room allocation, or separate facilities for boys and girls. Students are required to arrange off-campus accommodation independently, which should be factored into the total cost of study along with IBS Mumbai MBA fees.
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Particulars |
Details |
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Total Hostels |
0 (no on-campus hostels) |
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Separate Hostels (Boys/Girls) |
NA (no on-campus hostels) |
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Typical Occupancy |
Varies by private accommodation |
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Allotment Basis |
NA (students arrange their own accommodations) |
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Accommodation for PG/PhD |
No specific on-campus facilities; students find off-campus options |
ICFAI Business School - [IBS] Hostel Fees & Room Categories
Since IBS Mumbai does not offer hostel facilities, there is no official hostel fee structure. Students pay rent directly to private accommodation providers. These living expenses are over and above IBS Mumbai MBA fees.
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Monthly Rent Range: INR 5,000 – INR 20,000
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Deposit: Varies by provider
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Mess Charges: As per accommodation or self-arranged
In some cases, nearby private hostels may charge around INR 1.7 lakh per year, including a refundable deposit, but such arrangements are not affiliated with the institute.
ICFAI Business School - [IBS] Facilities, Dining & Student Life
While hostel facilities are not provided, IBS Mumbai offers a fully equipped academic campus with Wi-Fi, IT labs, a library with 30,000+ books, reading rooms, gym facilities, and sports clubs. Multiple canteens and outlets such as CCD and Nescafe operate on campus, offering convenient meal options during academic hours.
Students living off-campus manage their own meals, but the campus infrastructure supports daily academic and co-curricular needs without adding to IBS Mumbai MBA fees.
ICFAI Business School - [IBS] Safety, Health & Policies
IBS Mumbai maintains a secure campus environment with gated entry and surveillance systems. However, hostel-related safety, health services, and rules depend on individual accommodation providers. Students are advised to choose well-managed PGs or gated residential complexes and use nearby medical facilities as required.
ICFAI Business School - [IBS] Hostel Allotment & Application
There is no hostel allotment process at IBS Mumbai. Students seeking accommodation should:
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Shortlist PGs, hostels, or flats near Powai or surrounding areas
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Use broker services or alumni recommendations
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Inspect facilities and confirm availability
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Finalise rent and deposit terms directly with the provider
Accommodation planning should be done early, especially while budgeting the overall cost alongside IBS Mumbai MBA fees.
