ICFAI Business School (IBS), Mumbai

Mumbai, MaharashtraEst. 1995

AICTE
NAAC
UGC
DEB

IBS Mumbai is a leading private B-school ranked among the top 25 in India and top 5 in Mumbai. It offers a 2-year full-time PGPM program with various specializations and has a strong placement record, with 98% of students placed in 2024. The institute is known for its industry-oriented curriculum and robust recruiter network, including top firms like EY, KPMG, and ICICI Bank.3

Avg placement: ₹7.9L
Flagship fee: ₹9.1L; Post Graduate Programme in Management (PGPM) · 2-yr
Top package: ₹20L; Highest CTC 2025
Programs: 1; Across all modes

IBS Mumbai admissions 2027-29 are open.

Application Closing Date

22nd December, 2026

Registration Date

1st July, 2026

2027-29 intake closes

22nd December, 2026

Eligibility

Accepted exams

CAT

60%General

XAT

60%General

GMAT

500General

NMAT

No cutoff published

Note: Minimum 50% in graduation · Work experience not required

Find out what %ile you need for IBS Mumbai

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Placements

Post Graduate Programme in Management (PGPM)

Flagship programme only · Class of 2025

Avg CTC

₹7.9L

Not published

Highest CTC

₹20L

Not published

Placed

95%

Not published

Placement trend · batch-wise

Avg CTC
Highest

Offers by sector

All programs combined

Sector split not published yet.

Summer internships · 2025 batch

₹50K/mo
Highest stipend

Top recruiters

Official placement report 2025View official data

Programs & Fees

Avg CTC

₹7.9L

Not published

Avg. Tuition Fee

₹9.1L

Across 1 program

Placed

95%

Batch of 2025

Post Graduate Programme in Management (PGPM)
Flagship
Full-time2 years
—
Seats
₹7.9L
Avg CTC 2025
₹9.1L
Tuition

Program	Seats	Avg. Placement	Tution Fee
Post Graduate Programme in Management (PGPM)Flagship Full-time2 years	—	₹7.9LAvg CTC 2025	₹9.1LTuition

Total cost of the MBA

applyo.in

Post Graduate Programme in Management (PGPM) (Flagship)

₹9.1Lknown costs so far

Hostel, mess charges, personal & travel not published

Interactive tool

Education loan calculator

See your EMI reality

Avg package: ₹7.9L
Tuition fees: ₹9.1L
Monthly EMI: ₹15,175

Scholarships

4 scholarships · up to ₹2L

₹2L

Highest award

IBS Merit Scholarship (IBSAT/CAT/XAT/NMAT/GMAT high scorers)

Eligibility

Top performers in IBSAT
also CAT top 75 with 90+ percentile, XAT top 25 with 80+ percentile, NMAT top 100 with 225+ score, GMAT top 25 with 550+ score
INR 2L per candidate disbursed as INR 1L per year
500 scholarships targeted for each batch

₹2L

IBS Merit Scholarship for Wards of Defence Personnel

Eligibility

Wards of serving or retired Army, Airforce, Navy, or Paramilitary force personnel
same INR 2L per candidate structure

₹2L

IBS Merit Scholarship for Wards of IBS Alumni

Eligibility

Children/wards of IBS alumni
same INR 2L per candidate structure

₹2L

IBS Merit Scholarship for Persons with Disabilities (PWD)

Eligibility

Persons with disabilities pursuing MBA/PGPM at IBS
same INR 2L per candidate structure

₹2L
Highest award
IBS Merit Scholarship (IBSAT/CAT/XAT/NMAT/GMAT high scorers)
Eligibility
- Top performers in IBSAT
- also CAT top 75 with 90+ percentile, XAT top 25 with 80+ percentile, NMAT top 100 with 225+ score, GMAT top 25 with 550+ score
- INR 2L per candidate disbursed as INR 1L per year
- 500 scholarships targeted for each batch
₹2L
IBS Merit Scholarship for Wards of Defence Personnel
Eligibility
- Wards of serving or retired Army, Airforce, Navy, or Paramilitary force personnel
- same INR 2L per candidate structure

Alumni Outcomes

Only on Applyo

Where IBS Mumbai graduates end up — alumni insights you won't find on other platforms.

Industries

Tech / Engineering29.6%
BFSI / Fintech26.7%
Consulting12.7%
Operations / SCM5.8%
Marketing / Media5.7%
Sales / BD5.4%
Others14.1%

Compiled by Applyo from recruitment-platform employment data and direct alumni surveys. Outcomes vary.

Campus

What’s on campus

1.83-acre campus

No on-campus hostel

Getting there

Start
IBS Mumbai campus
Mumbai
Airport
~5.5 km
Chhatrapati Shivaji Maharaj International Airport Mumbai
Railway
~18.8 km
Mumbai Central
Nearest city
In the city
Mumbai

Living nearby

PGs and flats around IBS Mumbai, by distance from campus

Rings at 0.5, 1 and 2 km. Dots show distance only, not direction.

1Shivalas Dormitory Rooms and PG0.7 km

2ZEST STAYS IIT - 1056 Budget stay near IIT Bombay0.8 km

3Prestige Stay Residences- Best Pg in Andheri East1 km

4Fernandes House- Powai Hostels Group1.1 km

5Gyanvilla- Powai Hostels Group1.1 km

6Shyamsadan PG Boys1.2 km

7Shantaram Boys PG1.2 km

8Omkar Residency1.2 km

Admission

Application fee

₹2K

Apply at ibsindia.org

Interview cities

Hyderabad, Mumbai

Step by step

01
Register on ibsindia.org and pay application fee of INR 1,800
02
Appear for IBSAT (Dec) or submit valid CAT/XAT/NMAT/GMAT scores
03
Shortlisting based on entrance exam score and academic record
04
Attend Selection Briefing (online)

05
Micro Presentation (3-minute presentation on assigned topic)
06
Personal Interview (PI)
07
Merit list released; campus allocation on merit
08
Pay admission fee to confirm seat

Selection

Personal Interview
Micro Presentation

FAQs

Ask Applyo about IBS Mumbai

Pick a question. Answers come straight from IBS Mumbai's page on Applyo.

What is the total fee for the MBA at IBS Mumbai?

Applyo

The MBA costs ₹8.29 lakhs plus an ₹80,000 admission fee.

What are the placement figures?

Applyo

The average package is ₹6–6.5 lakhs, with the highest at ₹10–11 lakhs.

What is the placement rate?

Applyo

Around 95% of students are placed each year.

Who are the top recruiters?

Applyo

Deloitte, JP Morgan, HDFC, ICICI, and Nestle are major recruiters.

What specializations can students pursue?

Applyo

Finance, Marketing, HR, and Operations are offered.

What are the eligibility norms?

Applyo

Graduation with 50%+ and IBSAT, CAT, GMAT, or NMAT score is needed.

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