ICFAI Business School (IBS) Mumbai, established in 1995, is a leading management institution that offers a two-year Postgraduate Program in Management (PGPM). Spread over 80,000 sq ft, IBS Mumbai is equipped with cutting-edge infrastructure like a 225-seater auditorium, syndicate rooms with state-of-the-art equipment for interactive learning sessions, and world-class classrooms.
Renowned for its academic excellence, IBS Mumbai has consistently been ranked among the top business schools in India. The institute offers industry-relevant programs with a special emphasis on developing analytical thinking skills, leadership abilities, and problem-solving skills.
For the class of 2024, 98% students were placed. The highest domestic package stood at INR 20 LPA, whereas the average package at IBS Mumbai was INR 8.03 LPA. The IBS Mumbai PGPM fees are INR 9.09 lakhs, making it a competitive option for future management professionals.
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.
Table of Contents
IBS Mumbai Highlights 2025
To have a general idea of IBS Mumbai, here are some highlights:
Key Facts | Details |
Year of Establishment | 1995 |
Also Known as | ICFAI Mumbai |
IBS Mumbai Rankings | 20th by Business Today, 6th by Silicon India |
Accreditation | Not specified |
Campus Size | 80,000 sq.ft. |
Location | Mumbai, Maharashtra |
Number of Students | Not specified |
Faculty | Not specified |
How to Reach |
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IBS Mumbai Fees 2025
The fee policy at IBS Mumbai is competitive and is formulated to offer quality education at a reasonable price. Here is a detailed breakdown of the fees for the PGDM program:
Course | Total Fees (INR) |
PGPM | 9,09,000 |
IBS Mumbai Courses 2025
IBS Mumbai offers its signature program- PGPM. Here are the details of the course provided:
Course | Selection Process | Eligibility |
PGPM | IBSAT/CAT/GMAT/NMAT + Micro Presentation & PI | Graduation with at least 50% marks |
IBS Mumbai Admission 2025
The admission process accepts scores from IBSAT (conducted by ICFAI Mumbai). Candidates must first register and apply online by paying the application fee of INR 1,800. Shortlisted candidates are invited for further selection rounds, which include a micro-presentation (approximately 3 minutes) and a personal interview.
IBSAT 2025 Eligibility Criteria – MBA/PGPM
Candidates must meet the following criteria to be eligible for IBSAT 2025:
IBSAT 2025 Application Form
The IBSAT 2025 application process officially began on July 1, 2025. Candidates interested in applying can complete the registration through both online and offline modes.
- Online Mode: The application form is available on the official IBSAT website.
- Offline Mode: Candidates can obtain the application form by purchasing it from designated IBS Marketing Branches.
While filling the form, applicants must enter:
- Personal details
- Academic qualifications
- Communication information
- Any other required data
Applicants must also upload a passport-sized photograph and a signature in the specified format.
Note: The university may or may not provide a correction window after form submission. Ensure all details are accurate before submitting your final work.
- The last date to apply is the third week of December 2025 (for online applications).
- It is strongly advised to review all filled details carefully before submitting the form.
- Don’t forget to take a printout of the completed application for future reference during the admission process.
IBS Mumbai Cutoff 2025
The entrance examination determines the cutoff for IBS Mumbai. Here is an approximate understanding of the CAT cutoff percentiles:
Section | 2024 |
Overall | 70 |
Quants | 40 |
VA-RC | 40 |
DI-LR | 40 |
IBS Mumbai Placement 2025
The 2025 placement statistics are not yet available. However, the institute has achieved 98% placements in 2024, as shown below:
Placement Statistics (Class of 2024) | Details |
Placement Rate | 98% |
Highest Domestic Package | INR 20 LPA |
Highest International Package | INR 18 LPA |
IBS Mumbai MBA Average Package | INR 8.03 LPA |
Top 10% Average Package | INR 13.56 LPA |
Top 25% Average Package | INR 11.45 LPA |
Top Recruiting Companies | HDFC Bank, ICICI Bank, TCS, MyGate |
IBS Mumbai Rankings 2025
The 2025 rankings of IBS Mumbai are not available yet. To gauge the position of IBS Mumbai relative to other colleges, here are some of its prominent rankings:
Ranking Authority | Rank | Year |
Business Today | 20 | 2024 |
Silicon India | 6 | 2024 |
Careers 360 | 7 | 2024 |
IBS Mumbai Vs IBS Hyderabad Vs IBS Pune
For those who are interested in multiple options, here is a comparison between IBS Mumbai and other prestigious colleges based on campus area, fees, and placement figures:
College | Campus Size | Fees (INR) | Placement Rate | Highest Package (INR) | Average Package (INR) |
IBS Mumbai | 80,000 sq.ft. | 9,09,000 | 98% | 20 LPA | 8.03 LPA |
IBS Hyderabad | Not specified | 16,02,000 | 94% | 21 LPA | 9.71 LPA |
IBS Pune | Not specified | 9,09,000 | 99% | 12 LPA | 7.59 LPA |
IBS Mumbai FAQs
How much is the IBS Mumbai MBA fee?
The IBS Mumbai MBA fee for the PGPM course is INR 9.09 lakhs.
What is the average package for IBS Mumbai?
The average package offered during placements at IBS Mumbai in 2024 was INR 8.03 LPA.
What is the IBS Mumbai CAT cutoff?
The actual IBS Mumbai CAT cutoff is not officially mentioned.
What is the IBS Mumbai NMAT cutoff?
NMAT cutoff for IBS Mumbai is not disclosed.
How are placements in IBS Mumbai?
IBS Mumbai placement figures are impressive, with a 98% placement rate and the highest package going up to INR 20 LPA.
Does IBS Mumbai provide scholarships?
Yes, IBS Mumbai offers scholarships to deserving students.
What are the hostel charges at IBS Mumbai?
IBS Mumbai hostel charges are not mentioned on the official website.
Which are the most prominent recruiters at IBS Mumbai?
HDFC Bank, ICICI Bank, TCS and many others.