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ICFAI Business School Mumbai

Mumbai, Maharashtra | Ratings: 3.5/5 (35 votes) - Add Review

ICFAI Business School (IBS) has been one of the best business schools in the country ever since it opened in 1995. IBS Mumbai provides its students with excellent academic instruction and facilities. IBS offer cutting-edge programs that are recognized all over the world as well as excellent opportunities for holistic growth. IBS only uses 100% case-based learning. They provide full-time, two-year Management Programs to help students succeed in corporate careers. Students who attend IBS become future leaders. Furthermore, The college is a member of the ICFAI Foundation for Higher Education , which was designated as a deemed university.

IBS has been recognized as one of the best private business schools in the country. It provides a management-focused two-year PGPM program. IBS Mumbai Ranking is 9 among Top B Schools in India. Business Standard and Business India also gave ICFAI Mumbai grades of "A4" and "A++." IBS Mumbai course admissions are based on merit and the results of entrance exams. It accepts valid scores of CAT or NMAT. If students have not attempted the exams, they must appear for IBSAT.



Institute Type



Mumbai, Maharashtra





Admission Process

IBSAT, CAT, NMAT, followed by GD and PI

Application Mode 



Scholarship worth 10 crore

Top Recruiters 

Infosys, TCS, Honda Group, Reliance Industries, HDFC Bank, Bank of America, Coca-Cola, etc.

Official Website 


Why Join the ICFAI Business School Mumbai?

  • IBS Learning Methodology is a one-of-a-kind and novel approach to business education that emphasizes instilling the right attitudes, teaching the right skills, and imparting the right knowledge for long-term success in management careers.
  • This integration of ideas and actions is achieved through various teaching methods, such as lectures, case studies, the summer internship program, the management research project, and others.
  • IBS encourages students to become balanced, well-rounded individuals capable of taking on leadership roles and assists them in developing positive attitudes.
  • The college has got tie-ups with various international universities such as Queensland University- Australia, University of Essex, The Resource Alliance UK, etc
  • IBS Mumbai Campus comprises more than 36 faculty members, most of them are PhD holders in Management and other associated streams.
  • The institution also provides guest lectures and invites faculty nationally and globally.
  • IBS has an impeccable track record of accomplishing excellent placements year-on-year.
  • As of now, IBS comprises 58,000+ alumni and 8500+ students. IBS Mumbai alumni work in over 900 blue-chip businesses worldwide and are placed in top-notch companies.

ICFAI Business School Ranking

The subsequent is a list of the various rankings that IBS Business School Mumbai has achieved:

  • IBS was ranked 20th by Business today.
  • The college was ranked 6th in the Top B Schools Business school category.
  • Business Standard ranked IBS in the category of A4.
  • IBS B School Rating is A++ by Business India.
  • It has earned the 74th spot in the Top B-School (Pvt.) ranking by IIRF 2023 and 21st in the West Zone.

ICFAI Business School Mumbai Admission Process

IBS offers admission to the two-year PGPM programme, which is 100% case-based learning. IBS Mumbai fees structure INR 9 Lakhs in total for two years. To be eligible for IBS Mumbai admission, students must ensure the eligibility requirements.

  • Graduation in any field with English as the medium of instruction and marks of at least 50% (as determined by the respective university).
  • On a 10+2+3 or 10+2+4 basis, all applicants must have completed a minimum of 15 years of education.
  • Scores from the TOEFL, NELT, or IELTS must be submitted by candidates who do not meet the English medium graduation eligibility requirements.
  • Candidates in their final year of a bachelor's degree program are eligible to apply, provided they have completed all graduation requirements by May, including practical exams, vivas, and assignments.
  • The admission will be considered provisional until they present their eligibility-establishing marks and degree certificates. Usually, in November, students are required to submit the proofs.
  • Beginning in August, eligibility requirements will be evaluated. Therefore, it is entirely up to the candidates to meet the eligibility requirements.
  • For admission IBS Mumbai MBA equivalent PGPM Programme, candidates must appear for IBS Entrance Exam. Students with valid scores in CAT or NMAT will be exempted from IBSAT. Besides, Personal Interviews and Group Discussions are part of the selection process.

How to Apply for IBS Mumbai?

  • IBSAT Bulletin can be purchased for Rs 1800 using any one of the following options.
  • To apply online, access the official website, click the apply online link, and enter your personal and contact information.
  • After you submit your information, you will be directed to the payment page.
  • A approval email will be sent to the email address you provided after making the required payment.
  • In addition, you will receive a printed copy of the IBSAT Bulletin within a week.

Know about IBSAT

IBSAT  is an online aptitude test for students. It is administered by The ICFAI Foundation For Higher Education, which is considered a university under Section 3 of the UGC Act 1956.

  • Multiple-choice questions comprise the IBSAT, a computer-based test (CBT).
  • The IBSAT is a two-hour test designed to assess a candidate's quantitative techniques, data interpretation, data adequacy, vocabulary, analytical reasoning, and reading comprehension skills.
  • Admission decision The final selection is based on the candidates' performance in the Group Discussion and Personal Interview, as well as their academic record.

IBSAT Mumbai CAT Cut off


2019 Cut-off by %ile

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ICFAI Business School Mumbai Placement 

Students at IBS Mumbai have access to a lot of opportunities through the placement cell to find suitable corporate jobs with both large and small businesses. The institute recently finished its placement campaign for 2022. Students at IBS Mumbai Campus receive the highest salary package out of all IBS campuses. During the 2022 IBS Mumbai placements, the rate was 98%. In addition, the IBS Mumbai Average Package stood at INR 7.14 LPA. In contrast, the highest domestic and international packages were INR 15 LPA and INR 53.45 LPA, respectively. 

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IBS Mumbai Highest Package (Domestic)


Highest Package (International)


Average Salary(TOP 10%)


Average Salary( TOP 25%)



ICICI Bank, Kfintech, J.P. Morgan Services India Pvt. Ltd., Edelweiss Wealth, EY GDS, Kotak Mahindra Bank, Deloitte Consulting

ICFAI Business School Mumbai Scholarships

  • Wards of IBS Alumni
  • Wards of Defense Personnel (Serving/Retired)
  • Physically challenged candidates

ICFAI Business School Mumbai Course fee structure

MBA - Banking 726000 2 years
MBA - Finance 726000 2 years
MBA - Human Resource Management 726000 2 years
View All

ICFAI Business School Mumbai Entrance exams required for Admission 2024

Placement Statistics

4.25 Lacs per annum
11.5 Lacs per annum

ICFAI Business School Mumbai Placements and Companies visited

Mahindra and Mahindra

Contact Information

Contact Numbers:

022 4043 4343

Email ID:



Hiranandani Knowledge Park,Opp. Hiranandani Hospital, Off Technology Street,Hiranandani Gardens,Powai, Mumbai, Maharashtra, India

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