Hii Parth Mandirwala...

That might be the percentage becuase according to the previous years cutoff if you have a score of mininum 150+ you can get admission into IBS mumbai.

You even have more options to get into that institute if you have not got good marks in the above case.

Admission Process

IBSAT 2018

IBSAT is an online aptitude test conducted by The ICFAI Foundation For Higher Education (a deemed to be University under Section 3 of UGC act 1956), for students seeking admission to the MBA / PhD programs of IBS Hyderabad.

IBSAT is a Computer Based Test (CBT) and consists of multiple choice questions. IBSAT is of 2 hours duration and is aimed at testing the applicant’s ability in quantitative techniques, data interpretation, data adequacy, vocabulary,analytical reasoning and reading comprehension.

CAT/ GMAT / NMAT

GMAT/NMAT by GMACTM/CAT scores (from 2016 onwards) are also accepted in place of IBSAT 2018. Candidates with GMAT®, NMAT by GMACTM or CAT scores are exempted from IBSAT 2018.

The ICFAI University, Dehradun, The ICFAI University, Jaipur and The Icfaian Foundation accept IBSAT 2018 / GMAT®/ NMAT by GMACTM/CAT scores (from 2016 onwards) for admission to the following programs:

MBA program offered by IBS Dehradun and IBS Jaipur.

PGPM(Post Graduate Program in Management) program offered by IBS Ahmedabad, IBS Bengaluru, IBS Gurgaon,
IBS Kolkata, IBS Mumbai and IBS Pune campuses

Selection Process

Candidates who have qualified based on IBSAT 2018/ GMAT® /NMAT by GMACTM/CAT score are called for the selection process at IBS Hyderabad in February 2019. The selection process comprises of Group Discussion and Personal Interview.

Admission decision

The final selection is based on past academic record and performance of the candidates in Group Discussion and Personal Interview

Visit official site for more info- https://www.ibsindia.org/admissions/

Hope this helps you. All the best.

Hi Parth! They have referred 50 as percentile and not score. A score of 150+ would suffice for the same.