ICFAI Business School (IBS), Mumbai
Mumbai, MaharashtraEst. 1995
AICTENAACUGCDEB
IBS Mumbai admissions 2027 are open.
Registration Date
1st July, 2025
Application Closing Date
21st December, 2025
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
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Eligibility
At a glance
Avg CTC
₹7.9L
Not published
Flagship Fee
₹9.1L
Post Graduate Programme in Management (PGPM) · 2 years
Top Package
₹20L
Highest CTC 2025
Programs
1
Across all modes
Accepted exams
- CAT
- XAT
- GMAT
- NMAT
Cutoffs by exam
CAT
60%
General
XAT
60%
General
GMAT
500
General
NMAT
150
General
Note: Minimum 50% in graduation · Work experience not required
Find out what %ile you need for IBS Mumbai
Find out your minimum CAT %ile · Enter your academic profile
Placements
At a glance
Avg CTC
₹7.9L
Not published
Highest CTC
₹20L
Not published
Placed
95%
Not published
Post Graduate Programme in Management (PGPM)
Flagship programme only · Class of 2025
Placement trend · batch-wise
- Avg CTC
- Highest
Offers by sector
All programs combined
Sector split not published yet.
Summer internships · 2025 batch
₹50K/moHighest stipend
Programs & Fees
At a glance
Avg CTC
₹7.9L
Not published
Avg. Tuition Fee
₹9.1L
Across 1 program
Placed
95%
Batch of 2025
| Program | Seats | Avg. Placement | Tution Fee |
|---|---|---|---|
| Post Graduate Programme in Management (PGPM)Flagship Full-time2 years | 480 | ₹7.9LAvg CTC | ₹9.1LTuition |
Total cost of attendance
- Tuition fees
- ₹9.1L2025
- HostelNot on official site
- —
- Mess chargesNot on official site
- —
- Personal & travelNot on official site
- —
Total (partial)₹9.1LExcludes hostel, mess charges, personal & travel — not published
Scholarships available
- ₹2L
IBS Merit Scholarship (IBSAT/CAT/XAT/NMAT/GMAT high scorers)
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
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
Children/wards of IBS alumni; same INR 2L per candidate structure
Education loan calculator
Avg ₹7.9L package₹9.1L tuition feesSee your EMI reality
Loan calculator
Results
Monthly EMI
₹15k
EMI/Salary
12.1%
Total Interest
₹3.7L
Fee data · 2025
Alumni
- Tech / Engineering29.6%
- BFSI / Fintech26.7%
- Consulting12.7%
- Operations / SCM5.8%
- Marketing / Media5.7%
- Sales / BD5.4%
- Others14.1%
Notable alumni
- Riddhi ShelkeInvestment Accounting Analyst · BlackRock2022-2024
- Yash MaheshwariDC Analyst- EOaaS · Deloitte USI2022-2024
- Devangi KarnResource Management Group Lead - HR · Tata Consultancy Services2018-2020
- Dhwani DesaiAssociate Global Banking Planning & Analysis · JPMorgan Chase & Co.2016-2018
Campus
Mumbai, MaharashtraIBS Mumbai
- Campus & housing1.83-acre campus · No on-campus hostel
- InfrastructureSmart classrooms (A/C) · Library (28,000+ books, 92 national journals, 13 international journals) · Computer lab · Wi-Fi campus
- Clubs & events225-seater auditorium
- Other facilitiesBloomberg Finance Lab (12 terminals) · Aptitude lab · Career development zone · Syndicate/conference rooms · Convenience shop
- Food & messCafeteria
- Sports & fitnessSports complex · Gym
- Getting thereAirport: Chhatrapati Shivaji Maharaj International Airport Mumbai ~5.5 km · Railway: Mumbai Central ~18.8 km
Admission
How IBS Mumbai selects its batch — 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
- Application fee ₹2K
- Interviews in Hyderabad, Mumbai
FAQs
The MBA costs ₹8.29 lakhs plus an ₹80,000 admission fee.
Ready to apply to IBS Mumbai?
Applications open · 2027 intake
