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    About IBS Mumbai

    ICFAI Business School Mumbai Latest Updates

    • IBS Mumbai applications are open for IBSAT exempted applicants by submitting NMAT/ CAT/ XAT/ GMAT valid scores. The last date to apply for IBS Mumbai admission with NMAT/ CAT/ XAT/ GMAT score is January 31, 2024. 
    • IBSAT 2023 results were declared on December 27, 2023. The selected candidates will have to appear for IBSAT selection procedure which will commence between February 10 to February 18, 2024.  
    • ICFAI Business School provides scholarships worth 10 Crore for the class of 2024-2026.

    Established in 1995, ICFAI Business School Mumbai is located in Mumbai, the Business Capital of India. IBS Mumbai offers a postgraduate course which includes a 2-year full-time PGPM  (Postgraduate Program in Management). The entrance exam scores of IBSAT/ GMAT/ NMAT/ CAT/ XAT are considered for admission at ICFAI Business School Mumbai. 

    The highest package (international and national package) offered during IBS Mumbai placements 2023 was Rs 11.13 LPA and 18.80 LPA. The top recruiters that participated in placements are ICICI Bank, Kotak Mahindra Bank, HDFC Bank, EY India, Accenture, Tech Mahindra, Morgan Stanley and many others. Facilities available at IBS Mumbai are a gymnasium, library, sports facilities, IT infrastructure, auditorium, classrooms, cafeteria and laboratories. 

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    IBS Mumbai Location

    ICFAI Business School, Mumbai is located at Hiranandani Knowledge Park at Off, Technology Street, Hiranandani Gardens, Powai, Mumbai, Maharashtra. The nearest bus stop to IBS Mumbai is Hiranandani Telephone Exchange Bus Stop which is 350 meters away. The nearest railway station to the institute is Lokmanya Tilak Terminus Railway Station which is 8 km away. Chhatrapati Shivaji Maharaj International Airport is at a distance of 7.7 km away from IBS Mumbai. Students can take a cab or taxi to reach ICFAI Business School, Mumbai.  

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    IBS Mumbai Highlights

    ExamCAT, IBSAT, GMAT +4 more
    Courses1 Degrees and 1 Courses
    Institute TypeConstituent College
    Faculty Count22
    Campus Size2 acres

    IBS Mumbai Placements

    ICFAI Business School, Mumbai has released the placement details for the class of 2023. The placement percentage was 98% during IBS Mumbai PGPM placements in 2023. According to the IBS Mumbai placements 2023, the average CTC stood at Rs 8.17 LPA. ICFAI Business School Mumbai highest package (international and national package) offered during placement 2023 was Rs 11.13 LPA and 18.80 LPA respectively. Meanwhile, the top 10% average CTC and top 25% average CTC were Rs. 13.30 LPA and Rs. 11.01 LPA. The major recruiters of IBS Mumbai are ICICI Bank...
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    Courses offered by IBS Mumbai

    ICFAI Business School Mumbai offers only one postgraduate course. ICFAI Business School Mumbai course is offered in the management and business administration stream. IBS Mumbai PG course includes a 2-year full-time PGPM  (Postgraduate Program in Management). The duration of IBS Mumbai PGPM course is 2 years. IBS Mumbai fees for the PGPM course is Rs. 9.09 lakhs. Candidates have to meet the ICFAI Business School Mumbai eligibility criteria of the course to get admission into it. ICFAI Business School Mumbai fees and eligibility criteria are giv...

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    Study Mode
    Full time
    9.09 L

    IBS Mumbai Scholarship

    ICFAI Business School, Mumbai offers various scholarships to meritorious students. The students are given ICFAI Business School (IBS) scholarships as financial aid to finish their education. IBS Mumbai offers a variety of scholarships on different parameters. ICFAI Business School offers scholarships in several categories, including merit-based, IBS alumni wards, wards of military people, and IBS scholarships for candidates with physical disabilities. IBS Mumbai this year awarded the IBSAT scholarships, which are only intended for test takers who score highly on the IBSAT exam. Candidates applying for the MBA/PGPM programmes and sitting the IBSAT exam are eligible for scholarships offered by ICFAI Business School.

    IBSAT Scholarship Eligibility Criteria

    Scholarships from IBSAT 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

    ICFAI Business School Scholarships worth Rs 10 crore

    The ICFAI Business School has allocated scholarships worth Rs 10 crore to commendable individuals who excel in the IBSAT test, are children of IBS alumni, belong to the physically challenged category, or are from the families of in-service or retired defence personnel from the Army, Air Force, Navy, and Paramilitary Forces.

    ICFAI Business School Merit-Based Scholarship

    For the class of 2024, ICFAI Business School aims to give 500 deserving candidates who fit the aforementioned categories merit scholarships. With the option to modify Rs 1 lakh in the first and second term installments against the programme fees, each scholarship is worth Rs 2 lakhs per participant.

    Note: Candidates can refer to the official website for detailed information about the scholarships offered by IBS Mumbai.

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    IBS Mumbai Admission

    ICFAI Business School, Mumbai offers admission to the PGPM  (Postgraduate Program in Management) programme. IBS Mumbai admission to the PG course is entrance-based. IBS Mumbai PGPM admission is done based on candidates’ performance in IBSAT/ GMAT/ NMAT/ CAT/ XAT. Candidates who have qualified based on the entrance exam are called for group discussion and personal interview. The final selection of candidates is based on their past academic record and performance in group discussion and personal interview. The minimum cutoff scores for getting a ...
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    Popular College Comparisons

    IBS Mumbai Facilities

    ICFAI Business School Mumbai offers various infrastructural facilities for its students and staff members. Facilities and infrastructure play an important role in the holistic development of students. IBS Mumbai facilities and infrastructure are modern, ensuring students do not face any difficulty during their time at the campus. IBS Business School Mumbai has a library with a rich collection of books and other reading materials. IBS Business School Mumbai facilities also include classrooms that are modern and equipped with the latest technolog...
    I.T Infrastructure
    Alumni Associations

    Student Reviews for IBS Mumbai

    College Infrastructure: 3.3/5
    Academics: 4/5
    Placements: 3.6/5
    Value for Money: 3.1/5
    Campus Life: 3.6/5

    Feedback of educational journey

    Verified Review

    College Infrastructure

    Yes college has all the necessary infrastructure, facilities and equipment. Tables chairs smart boards desktops and additional stationary. The overall environment and surroundings is very clean and neat and

    It's really not worth the money you are investing in!!

    Verified Review

    College Infrastructure

    Infrastructure is really small. If you see in Google, it shows one big building of Hiranandani estate. IBS has only 3 floors of them all. Yes, it has all necessary infrastructure, facilities and equipment though.

    My experience at IBS, Mumbai

    Verified Review

    College Infrastructure

    We do have good infrastructure but it could be more spacious and efficient. Classrooms, labs and libraries are well equipped. There could be more equipment in the sports centre. Canteen is okay in terms of food quality but its capacity is low. There is no hostel facility for the students inside the campus.

    Have a question related to IBS Mumbai ?

    1) Amity Mumbai 2) D Y PATIL 3) IBS MUMBAI WHICH ONE IS BETTER ?

    Hey Aspirant,

    Hope you are doing great....!!!

    If you want to know about the Amity University Mumbai, DY Patil or IBS Mumbai which one is better. If you are looking for a good location, Amity Mumbai is always a better option.

    Amity has a culture of exposing students to different lifestyles and teaching them skills that are required in the corporate world. Such as public speaking and presentation abilities.

    Most of the people  were placed during their course through Amity college placements. The remainder were placed outside. Most of Amity pass outs are doing extremely well in current jobs. IBS Mumbai is a good university. In terms of placement, as far as I am aware, the students were placed in a variety of companies. The institute's placement in the financial sector is quite good. Overall, all the three are good universities, it depends upon you what you want to choose.

    I hope this will help you.

    Best of Luck:)

    IBs Mumbai or ITM Navi Mumbai which is better?


    In my opinion you should go for ITM Mumbai. ITM is better than IBS . ITM has good faculty, Better Campus and even Cost is little high then IBS . But you have to pay for quality isn't.

    IBS Mumbai provides a two-year PGDM programme for Rs. 7.36 lakhs. According to the previous year's placement report, 100% of the overall batch was placed, and additional data are as follows:

    1. 95 percent of students are placed on campus.
    2. Off-campus placements account for 5% of all placements.
    3. Average annual salary: Rs. 6.25 lakhs
    4. Nationally, the highest CTC is Rs. 11.5 lakhs per year.
    5. The highest CTC in the world is Rs. 9.09 lakhs per annum.
    6. Average annual salary (top 10%): Rs. 9.41 lakhs
    7. Average annual salary (top 25%): Rs. 8.43 lakhs

    IBSAT cutoff: 62 and up

    Some of the companies and recruiters who came to campus

    ICICI, iGate, Jaro Education, JP Morgan Chase, Just Dial, Kotak Mahindra Bank, Mahindra Finance, SYNTEL, TCS, Vodafone, India Real Estate Property Site, American Express, Arvind Brands, Croma, Deloitte Consulting, Grofers, HDFC Bank, Hinduja Global Services, ICICI, iGae, Jaro Education, JP Morgan Chase, Just Dial, Kotak Mahindra Bank

    The ITM Navi Mumbai provides a two-year PGDM programme for a total price of Rs. 9.3 lakhs.

    According to placement statistics from previous year, the average pay offered by ITM Navi Mumbai was Rs. 7 lakhs per annum, with a maximum salary of Rs. 15 lakhs per annum.

    Among the companies and recruiters who visited the campus were:

    Bose, Hindustan Unilever, JP Morgan Chase, LG Electronics, and TNS World are among the companies represented.

    For more information, visit -

    Hope this helps.

    All the best.

    which campus is better ibs mumbai or ibs bangalore?

    hi Aspirants ,

    As per your query ,

    IBS Bangalore is very good to be in IBS , you can have real-time experience since they will take you through a summer internship program in which companies visit the campus and hire you for three months. Infrastructure: The campus is very good with a very large playground.

    On the other  hand ,

    IBS Mumbai is a very good college as compared to other colleges . Return of Investment is very good. Placements: Almost 95% of the students in our course got placed. The highest salary package offered is 16 LPA, and the lowest salary package offered is 4.50 LPA.

    Hope you understand , in case of any query you can revert here and also make a new query for the  same.

    Thank you and all the best.

    IBS Mumbai Contact Address

    IBS Business School,Hiranandani Knowledge Park, Off. Technology Street, Hiranandani Gardens, Powai, Mumbai - 400076, Maharashtra, India

    IBS Mumbai Frequently Asked Questions (FAQ's)

    1: Does IBS Mumbai give MBA Degree?

    No, IBS Mumbai does not offer an MBA programme. It offers a 2-year full-time PGPM (Post Graduate Programme in Management).

    2: Is there any financial assistance available at IBS Mumbai?

    The candidates selected for IBS programmes can avail educational loans from public or private sector banks. IBS offers Campus Merit Scholarship and I-LEAD Assistantships (IBS Learn, Earn & Develop).

    3: Will IBS Mumbai provide any Mock Tests?

    Yes, the candidates will have access to mock tests so they are prepared for the IBSAT test. ICFAI Foundation for Higher Education has started the IBSAT national mock test. Meanwhile, IBSAT mock test registration is free of cost. The first ranker of the IBSAT national mock test will get Rs 10,000. IBSAT is a university-level entrance test that will be conducted in the last week of December.

    4: Does IBS Mumbai offer the facility of loans?

    Yes, the candidates qualified for admission to IBS Mumbai may apply for educational loans from public or private banks. The institute has also formed MOUs with a number of financial companies, including Eduvanz Financing Pvt Ltd, AVANSE Financial Services Pvt Ltd, and Auxilo Finserve Pvt Ltd, for the purpose of providing educational loans.

    5: How is the library of IBS Mumbai?

    The library of IBS Mumbai has over 28,000 books, 13 international and 92 national journals along with magazines and over 2,000 CDs for the all-round development of its students.

    6: Does IBS Mumbai offer hostel facilities?

    No, IBS Mumbai does not offer hostel facilities to the students. IBS Mumbai campus has well-equipped classrooms, an auditorium, separate common rooms for boys and girls, a gym, and three syndicate rooms for student and faculty interaction. The institute also has a well-stocked library equipped with books, national and international journals, magazines, and CDs for its students.

    7: What is the total fee of PGPM at IBS Mumbai?

    The total fee for the PGPM programme at IBS Mumbai is Rs. 9,09,000.

    8: Which courses are offered by IBS Mumbai?

    IBS Mumbai offers a two-year PGPM programme in the field of Management and a three-year PhD Management programme. Admission to the IBS Mumbai PGPM course is based on entrance exams like CAT/GMAT/NMAT by GMAC/XAT/IBSAT.

    9: Is IBS Mumbai degree valid?

    IBS Mumbai doesn’t offer a valid degree approved by AICTE.  As IBS Ahmedabad, IBS Gurgaon, IBS Kolkata, IBS Mumbai and IBS Pune are independent professional institutes that offer PGPM programmes. They are neither affiliated to nor are off-campus centres of any university.

    10: Does IBS Mumbai offer MBA?

    No, IBS Mumbai doesn’t offer an MBA programme and the MBA programme is offered at Dehradun, Hyderabad, Jaipur and IBS Bangalore (off-campus of IFHE). The PGPM programme is offered in Ahmedabad, Gurgaon, Kolkata, Mumbai and Pune.


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