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ICFAI Business School (IBS) Mumbai is one of the leading private B-schools in India. The institute is ranked among the top 25 in the national list of B-schools and among the top 5 B-schools in Mumbai. The institute has other 9 campuses spread all over India. IBS Mumbai offers a 2-year full-time PGPM program with a total intake of around 1000 – 2000 students under different specializations. Admissions to the program are based on the IBSAT/CAT/ NMAT scores followed by a Micro Presentation (MI) and Personal Interview (PI) round. Check IBS Mumbai Admission Process
IBS Mumbai recently concluded its 2024 placement drive in which 98% of the students got hired by reputed recruiters. Some of the prominent recruiters included National Stock Exchange, Tata Capital, EY, KPMG, ICICI Bank, PWC SDC, DBS Bank Ltd etc. The highest international salary package stood at INR 18 LPA. The highest national salary package stood at INR 20 LPA. Students received an average salary of INR 8.03 LPA.
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Check Which is better, IBS Hyderabad or IBS Mumbai?
IBSAT Events | Dates |
---|---|
IBSAT 2024 Application | July 01, 2024 – 3rd Week of December 2024 |
IBSAT 2024 Test Dates | December 28 – 29, 2024 |
IBSAT 2024 Results | 1st Week of January 2025 |
Selection Briefings | 2nd Week of January 2025 |
Selection Process for MBA/ PGPM Program | February/ March 2025 |
PGPM Events | Phase 1 Dates (Tentative) | Phase 2 Dates (Tentative) |
---|---|---|
Application Process Starts | February 22, 2025 | April 08, 2025 |
Application Process Ends | April 02, 2025 | April 26, 2025 |
Selection Process |
April 6 – 7, 2025 (At IBS Ahmedabad, IBS Bangalore, IBS Dehradun, IBS Gurgaon, IBS Jaipur, IBS Hyderabad) April 7 – 8, 2025 ( At IBS Kolkata) |
April 28, 2025 |
Selection Process Results | April 13, 2025 | April 30, 2025 |
Course Name | Course Eligibility | Total Course Fee |
---|---|---|
PGPM | Eligibility Criteria: Graduation in any stream with a minimum 50% aggregate or above from English medium Those not from the English medium in UG must have a valid score in the TOEFL/ NELT/ IELTS exam score by May 31 of the admission year Final year students are also eligible to apply Selection Criteria: IBSAT/ CAT / NMAT /XAT / GMAT scores + Micro Presentation + Personal Interview. Duration: 2 years |
INR 9.09 lakh |
Read More IBS Mumbai Fees
ICFAI Business School minimum cut-off scores for getting a GDPI call are as follows:
Exam Name |
Cut-Off |
---|---|
CAT |
60 Percentile and Above |
XAT |
60 Percentile and Above |
GMAT |
500+ |
NMAT |
150+ |
IBS Mumbai CAT Cutoff (Previous Year Trends)
Section | 2020 Cut-off by %ile | 2021 Cut-off by %ile | 2022 Cut-off by %ile |
---|---|---|---|
VRC | 40%ile | 40%ile | 40%ile |
DILR | 40%ile | 40%ile | 40%ile |
QA | 40%ile | 40%ile | 40%ile |
TOTAL | 70%ile | 70%ile | 70%ile |
Read More IBS Mumbai Cutoff
The placement cell at IBS Mumbai provides students with an ample number of opportunities to find suitable jobs in the corporate world with both small and large firms. The institute recently concluded its 2024 placement drive. The highest salary package received by IBS Mumbai students is the highest among all the IBS campuses. The placement highlights are mentioned below:
Particulars | Placements Statistics 2024 |
---|---|
Students Placed | 98% |
Average Salary | INR 8.03 LPA |
Highest National Salary | INR 20 LPA |
Highest International Salary | INR 18 LPA |
Average Salary of Top 10% Students | INR 13.56 LPA |
Average Salary of Top 25% | INR 11.45 LPA |
Prominent Recruiters | Citibank, Deloitte, S & P Global, Capgemini, EY, Genpact, Aditya Birla,HDFC Bank, Hyundai, HCL Technologies, ITC etc |
Also check IBS Mumbai Placements
The college has signed MoUs with several global institutions and companies. IBS Mumbai has collaborated with various universities, industries, and colleges. Below mentioned is a list of several IBS Mumbai collaborations:
IBS Mumbai Collaborations | ||
---|---|---|
University of Essex, UK | Dimensions, the Journal of Management of IBS Mumbai | HDFC Bank |
The Resource Alliance, UK | SPSS | Queensland University, Australia |
Microsoft | IBM | ICICI Bank |
Candidate Name | Course | Exam Taken (Score) | Work Experience |
---|---|---|---|
Adin Ansari | PGPM (Marketing) | IBSAT (157/300) | No broker Hood- 9 Months as Territory Sales Manager |
Amrisha | PGPM | NMAT (200) | The Gourmet Jar- 1 year |
Natasha Gaur | PGPM | IBSAT (92%) | NA |
Medha Sur | PGPM | NMAT (194) | NA |
Check IBS Mumbai Reviews
Admission to ICFAI Business School Mumbai is through the IBSAT exam conducted by the IBS group. Below are some details related to the IBS Mumbai admissions:
IBSAT is an online aptitude test conducted by The ICFAI Foundation for Higher Education for students seeking ICFAI Business School Mumbai Admission to the PGPM of IBS Mumbai. Applicants need to secure a good score on IBSAT to get qualified for the selection process.
Applicants who have valid scores of IBSAT/ GMAT/ CAT/ NMAT/ XAT by GMAC are called for the selection process at IBS Mumbai. The final selection is based on past academic records and the performance of the candidates in the Micro Presentation and Personal Interview rounds.
The applicants seeking admission to IBS Mumbai must qualify for any of the renowned entrance exams including the IBSAT exam. Below-mentioned is the application process that the students must follow:
Step 1: Visit the official website and register for the course.
Step 2: Complete the registration process.
Step 3: Pay the registration or the application fee.
Step 4: Fill out the form available on the website.
Step 5: Submit and finish the application form
Prestigious rankings of B-schools have placed IBS Mumbai among the top 25 in the national list of B-schools and among the top 5 B-schools in Mumbai.
IBS Mumbai offers scholarships to its students based on score in IBSAT 2024. IBS has announced scholarships worth Rs. 10 Crores exclusively for top performers in the IBSAT-2024 test, scheduled for December 28-29, 2024.
Eligibility Criteria:
A total of 500 scholarships will be distributed by IBS across all its institutions. Each scholarship amounts to Rs 2 lakh per candidate, with the flexibility of adjusting Rs 1 lakh each in the first and second term installments against the program fee.
IBS also offers scholarships of INR 2.00 Lakhs to Top candidates in each category of IBSAT, CAT, NMAT by GMAC and XAT test scores. IBSAT category scholarships are already announced.
Test |
Cutoff Score |
NMAT by GMAC |
Top 100 candidates with a minimum score of 225 and above |
CAT |
Top 75 candidates with a minimum score of 90 percentile and above |
GMAT |
Top 25 candidates with a minimum score of 550 and above |
XAT |
Top 25 candidates with a minimum score of 80 percentile and above |
Check IBS Mumbai Scholarship
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The faculty at IBS Mumbai are highly experienced and well-qualified. The college has 40 faculty members who have expertise in their respective fields which provides the best knowledge to the students. They provide proper guidance to the students through their experience. The faculty members are helpful, supportive and have a proper understanding of their areas of expertise.
Read More IBS Mumbai Faculty
Ques. Can I still have a chance for IBS Mumbai if I couldn’t appear in any of the national-level entrance exams?
Ans. IBS Mumbai also conducts IBSAT for its PGPM programme. As such, Candidates who did not appear for the national-level entrance exam may appear for IBSAT administered by the IBS Mumbai. Meanwhile, valid scores of other State Level Tests are also considered by the college for its PGPM Course.
Ques. Can I purchase the application form or PGPM 2025 Bulletin of IBS Mumbai offline?
Ans. IBS Mumbai Application form with PGPM 2025 Bulletin may be purchased either Online or Offline. Further, Offline Applications are available at any of the IBS Marketing Branches. On purchase of the offline application form, you will get a scratch card containing the application number and password.
Ques. Is there any management quota of seats available at IBS Mumbai?
Ans. No, there is no management quota or NRI quota available for its courses at IBS Mumbai. You must appear in the prescribed national-level test for being shortlisted for the further round. Check More IBS Mumbai Cutoff
Ques. Is there any provision for getting an education loan at IBS Mumbai?
Ans. Yes, Several students pursuing programs at IBS Mumbai have availed of the education loan through educational loans from various public sector and private sector banks or financial institutions such as HDFC Bank Ltd, Axis Bank, ICICI Bank, IDFC First Bank, Avanse Financial Services, LiquiLoans Pvt. Ltd etc.
Ques. When is the PGPM Batch 2025 going to be started at IBS Mumbai?
Ans. Regular classes PGPM program at IBS Mumbai will commence on May 2025. All the finally shortlisted students are compulsorily required to report at the college campus on the very day for program registration and submit the first instalment of fees.
Ques. Where do I get the IBSAT Application?
Ans. IBSAT 2024 Application is available Online and Offline Online:-
Ques. Where can I register for IBS Mumbai Mock Test?
Ans. Mock Tests will be provided for the candidates to familiarize themselves with the IBSAT test. These mock tests will be available on ibsindia.org from September onwards. One of the ethos of ICFAI Business School (IBS) is to recognize and encourage meritorious students. IBS Offers Campus Merit scholarships and I-LEAD Assistantships (IBS Learn, Earn & Develop).
Ques. Is there any financial assistance available at IBS Mumbai?
Ans. The candidates selected for IBS Programs avail of educational loans from Public / Private Sector Banks. IBS has entered into MOUs with the following financial institutions:
Ques. In case of any queries whom do I contact at IBS Mumbai?
Ans. For any queries on IBSAT 2024, you may contact the following address, email and telephone numbers: Admissions Officer IBS Admissions Office Plot No. 65, Ground Floor, Nagarjuna Hills, Punjagutta Hyderabad – 500 082, Telangana, India. Phone: + 91–40–23440963 Toll-Free No: 1800 425 55 66 77 E-mail: ibsat@ibsindia.org
Ques. Does AICTE/UGC recognize IBS Mumbai?
Ans. IBS Hyderabad is a constituent of IFHE (ICFAI Foundation for Higher Education), a Deemed-to-be-University under Section 3 of the UGC Act, 1956
Ques. What is the IBSAT 2024 Exam Pattern?
Ans. The IBSAT 2024 consists of 140 questions in the following subjects:
Ques. How to apply for IBSAT 2024?
Ans. Candidates applying for IBSAT 2024 must follow the steps mentioned below:
Ques. Are mock tests conducted by IBS?
Ans. Yes, over 2-3 free National Mock Tests are conducted for aspirants with prize money.
Ques. How is a Micro Presentation round conducted at IBS Mumbai?
Ans. A Micro-Presentation in IBS Selection process is a brief talk or presentation where candidates demonstrate their communication, presentation skills, and ability to think quickly on their feet. Candidates have the opportunity to select one topic out of three. The format allows for 4 minutes in total: 1 minute for preparation and 3 minutes for delivering the presentation.
Ques. A personal interview is of how many minutes at IBS Mumbai?
Ans. Each candidate will be interviewed for 5-7 minutes. The interview panel will focus on assessing the attitude and aspirations of the candidates besides evaluating their General Knowledge, communication skills, clarity of thought and expression, as well as aptitude for a career in management.
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Course | Fees | Eligibility | Application Date | Action |
---|---|---|---|---|
PGPM | ₹9.09 Lakhs (Total Fees) | Graduation with 50% | 31 Mar 2024 |
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Events | Dates |
---|---|
CAT 2024 Result Date | Upcoming Dec 26, 2024 |
Events | Dates |
---|---|
CAT 2024 Exam Date | Nov 24, 2024 |
CAT 2024 Admit Card Date | Oct 25, 2024 |
CAT 2024 Registration Date | Aug 03, 2024 - Sep 20, 2024 |
Events | Dates |
---|---|
CAT 2024 Result Date | Upcoming Dec 26, 2024 |
Events | Dates |
---|---|
CAT 2024 Exam Date | Nov 24, 2024 |
CAT 2024 Admit Card Date | Oct 25, 2024 |
CAT 2024 Registration Date | Aug 03, 2024 - Sep 20, 2024 |
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IBS Mumbai, NMAT Cutoff 2023 for General Category is listed below. The overall cutoff percentile for NMAT is 55
Courses | Round 1 (Cutoff percentile) |
---|---|
Compare | 55 |
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Scholarship provided by the college.
ICFAI Business School (IBS) is offering scholarship exclusively designed for top performers in the IBSAT test, which is scheduled to be held in the 3rd week of December 2024. These scholarships are open to candidates applying for the MBA/PGPM programme and taking the IBSAT test in December 2024.
These scholarships aim to reward academic excellence and provide financial assistance to deserving candidates, encouraging diversity and inclusivity within the student community at IBS. Below detailed are the eligibility criteria for the scholarship:
Scholarships from IBSAT 2024 Test |
Eligibility Criteria |
---|---|
For Toppers in IBSAT |
Candidates who secure top ranks in IBSAT |
For Wards of IBS Alumni |
Children of IBS alumni applying for the MBA/PGPM programme |
For Physically Challenged Candidates |
Candidates with physical disabilities applying for MBA/PGPM programme |
Wards of Defence Personnel (In-service/retired) from Army, Airforce, Navy, and Paramilitary Forces |
Children of in-service or retired defence personnel from these forces applying for MBA/PGPM program |
IBS Mumbai offers scholarships to its students based on score in IBSAT 2024. IBS has announced scholarships worth Rs. 10 Crores exclusively for top performers in the IBSAT-2024 test, scheduled for December 28-29, 2024.
Eligibility Criteria:
A total of 500 scholarships will be distributed by IBS across all its institutions. Each scholarship amounts to Rs 2 lakh per candidate, with the flexibility of adjusting Rs 1 lakh each in the first and second term installments against the program fee.
IBS aims to award 500 merit scholarships for the class of 2027 to deserving candidates falling under the aforementioned categories. Each scholarship amounts to INR 2 lakh per candidate, with the flexibility of adjusting INR 1 lakh each in the first and second-term installments against the program fee.
Terms and Conditions for Merit Scholarships
To avail these prestigious scholarships, candidates must fulfill the following terms and conditions:
IBS continues to set a benchmark for excellence in management education. With its commitment to providing scholarships to deserving candidates, IBS aims to unlock opportunities and create a diverse pool of future business leaders who will contribute to the growth and success of organisations and society as a whole.
I don’t really understand why you want to change campuses when the Mumbai campus is the most coveted one. I have a friend who despite being an IBS Hyderabad pass-out, considers the Mumbai campus way superior after spending months on a summer internship there.
He considers the IBS Hyderabad to be overestimated and apart from infrastructure, IBS Powai/Hiranandani is much better in all aspects. Moreover, the Mumbai campus enjoys the locational advantage of being closest to the city of dreams. The campus is in the vicinity of IIT Mumbai so you get to interact with many geniuses also.
On the other hand, IBS Shankarpally, despite having top-notch infrastructure, lacks connectivity. You are disconnected from other students and the entire world if you choose this college.
You can check here to see what types of facilities IBS Mumbai provides.
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Basic Information about the Faculty of IBS Mumbai
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