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New Updates About ICFAI Business School (IBS) Mumbai, Mumbai
Table of Content
ICFAI Business School (IBS) Mumbai, Mumbai Highlights
New Update: IBS is giving the best platform to MBA aspirants in the form of the National Mock Test (NMT) 2025. This is free and will be given at a time when there are cash prizes as well. The winner will get Rs 1,00,000 and the second and the third one will get prizes worth Rs 50,000 and Rs 25,000 respectively. In addition, 97 participants will be rewarded with Rs 5,000 each.
The mock test is in the same pattern as IBSAT, i.e., 140 questions in 2 hours. Therefore, candidates get ample time to fine-tune their preparation for the test. The next date of the test is September 28, 2025. Registration will be free; the candidates can visit the IBSAT National Mock Test page to register.
For detailed information and registration, visit: IBSAT Mock Test.
IBS Mumbai Highlights 2025
IBS Mumbai (ICFAI Business School Mumbai) is among the top private B-schools and IBS Campuses which are total 9 in number and are situated in different metro cities across India. It is a part of the ICFAI University. It was established in the year 1995 and provides a 2-year duration course in PGDM in the stream of Management as its flagship program. Approved by the UGC , the college has also got 'A++' and ‘A4’ ratings by Business India and Business Standard, respectively. The college also provides scholarships to deserving students based on merit.
IBS Mumbai placement cell helps students secure jobs. The IBS Mumbai Placements 2024 witnessed the highest package of INR 20 LPA and an average package of INR 8.03 LPA. IBS Mumbai admission is entrance-based as well as merit-based. The college considers national-level entrance exams like CAT, XAT, NMAT, and many more while granting admission. Covering an area of 1.83 acres the institute provides facilities such as labs, hostel, library, etc. The table below mentions the key highlights of IBS Mumbai:
| Particular | Details |
| Establishment Year | 1995 |
| Institute Type | Private |
| Location of Campus | Powai, Mumbai |
| Approved by | UGC |
| Accredited by | NAAC A++ |
| Flagship Course | MBA/PGDM |
| Highest Domestic package (2024) | INR 20 LPA |
| Average Package (2024) | INR 8.03 LPA |
| Highest International package (2024) | INR 18 LPA |
| Official Website | ibsindia.org |
IBSAT 2025
IBSAT 2025 is a national-level management aptitude test for admission into the 2-year full-time MBA/PGPM programs offered at 9 IBS campuses across India.
IBSAT 2025 is an online test conducted by The ICFAI Foundation for Higher Education (The IFHE), Hyderabad — a Deemed University. With remote proctoring, it can be taken from the comfort of your home. The test assesses a candidate’s skills in Quantitative Techniques, Data Interpretation, Data Adequacy, Vocabulary, Analytical Reasoning, and Reading Comprehension.
Candidates with valid scores inCAT,NMAT by GMAC™,XAT, orGMAT™(from 2023 onwards) areexempted from takingIBSAT 2025.However taking IBSAT 2025 will make them eligible for the Rs 2 lakh scholarship. In both circumstances the candidates have to fill in the IBSAT 2025 application form to proceed further.
IBSAT 2025scores, as well as valid scores from the above national-level tests, are accepted for admission to the following programs:
MBA programat IBS Hyderabad, IBS Bangalore, IBS Dehradun, and IBS JaipurPGPM programat IBS Ahmedabad, IBS Gurgaon, IBS Kolkata, IBS Mumbai, and IBS PuneEligibility Criteria
MBA/PGPM – 2-Year Management Program
·Graduation (any discipline)with50% and above marks, with English as the medium of instruction.
· Applicants must have completedat least 15 years of education(10+2+3 or 10+2+4 basis).
· Candidates not meeting the English medium criterion must submitTOEFL/ NELT/ IELTSscores byMay 31, 2026.
·Final-year studentsare eligible to apply, provided they complete all graduation requirements (including practical exams, viva, assignments) beforeMay 31, 2026.
Admission will remainprovisionaluntil they submit required academic proof.
Last date for submissionof graduation documents:November 1, 2026.
Eligibility verification will begin fromAugust 2026. It is the candidate’s responsibility to ensure they meet all criteria.
IBS Mumbai Courses and Fees 2025
IBS Mumbai offers a PGDM program as its flagship program, which is a two-year management program. The program covers all the different fields of management. It makes students aware of the usage of principles, concepts, and tools. The program is modeled such that it educates students with strategy formulation in a corporate setting and managerial insight. The fees for IBS Mumbai MBA is INR 9.1 L for two-years. It also offers a Summer Internship Program (SIP). The eligibility of the IBS Mumbai Courses is given below:
ICFAI Business School (IBS) Mumbai, Mumbai Popular Courses
Average Fees
₹9,09,000
Highest Package
₹53 LPA
Admission 2025
View BrochureICFAI Business School (IBS) Mumbai, Mumbai Admission 2025
IBS Mumbai admission is mainly online. Admission to IBS Mumbai courses is based on entrance. IBS Mumbai MBA/PGDM admission is usually based on merit. The institute grants admission for MBA/PGDM based on IBSAT. To be selected candidates are judged based on Micro-Presentation and have to go through PI rounds. The institute considers scores of CAT, GMAT, XAT, NMAT and other national-level exams for PGDM (flagship course) admission. The following table lists the important dates for IBS Mumbai Admission 2025:
| IBS Mumbai MBA/PGDM Admission 2025: Important Dates | |
| Dates | Event |
| 1st August 2025 - 13th August 2025 | CAT 2025 Registration |
| 1st August 2025 - 10th October 2025 | NMAT 2025 Registration Window |
| 5th November 2025 - 25th November 2025 | CAT 2025 Admit Card Download |
IBSAT 2025 Exam Pattern
| Section Title | No. of Questions |
| I Verbal Ability | 50 |
| II Reading Comprehension | 30 |
| III Quantitative Aptitude | 30 |
| IV Data Adequacy & Interpretation | 30 |
| Total | 140 |
Test Duration: 2 hours
· No negative marking
· No sectional time limits
· Syllabus is broadly aligned with other national-level management entrance exams
IBS Mumbai Application Process 2025
IBS Mumbai application procedure is available in online/offline modes. Candidates pursuing admission need to register for IBSAT 2024 exam. Candidates meeting the eligibility criteria can apply offline by visiting the admission office. The below steps are the be followed for online application:
Step 1: Go visit the IBSAT registration portal (https://admissions.ibsindia.org/)
Step 2: Fill out the required information (personal/education details) in the admission form.
Step 3: Move on with submitting the application form by paying an application fee of INR 1800.
Important Documents Required for Admission
Mentioned below are the important documents required for IBS Mumbai admission 2024:
- Graduation marksheet
- Photograph (jpg/gif format)
- Signature
Selection Process
Candidates shortlisted based on their scores in IBSAT 2025, or through CAT, NMAT by GMAC™, XAT, or GMAT™ (from 2023 onwards), will be invited for the selection process starting in the second week of February, 2026.
The process includes two components:Micro PresentationandPersonal Interview.Micro Presentation
This part of the process is designed to assess a candidate’s ability to think on their feet, organize their thoughts, and communicate effectively. Candidates will get 1 minute to prepare and 3 minutes to speak on a general topic assigned at random.
Personal Interview
The interview lasts about 5 to 7 minutes and is conducted by a panel that evaluates the candidate’s attitude, clarity of thought, communication skills, awareness of current affairs, and overall readiness for a career in management.
Admission decision
Final selection is based on past academic performance, along with performance in the Micro Presentation and Personal Interview.
ICFAI Business School (IBS) Mumbai, Mumbai Cutoff 2025
IBS Mumbai considers IBSAT scores for granting admission to different courses. IBSAT Cutoff 2025 will be declared for 8 IBS campuses. IBS Mumbai cutoff is declared yearly for those pursuing IBS Mumbai admission. The IBS Mumbai cutoff 2023 is mentioned in the following table:
| Post Graduate Program in Management (PGPM) -IBS Mumbai: CAT percentile Cutoff (General All India) | |||
| Section | 2022 | 2021 | 2020 |
| Overall | 70 | 70 | 70 |
| Quants | 40 | 40 | 40 |
| VA-RC | 40 | 40 | 40 |
| DI-LR | 40 | 40 | 40 |
ICFAI Business School (IBS) Mumbai, Mumbai Placements
IBS Mumbai has the facility of Career Management Center which ensures the placement possibilities of its students. Focusing on personal growth, career guidance, and industry knowledge, the center also provides summer internships to its students. IBS Mumbai Placements 2024 is out. With a placement rate of 98% , the highest package stood at INR 20 LPA and the average package stood at INR 8.03 LPA during IBS Mumbai Placements 2024. The main highlights for IBS Mumbai Placements 2024 is provided in the table below:
| Particulars | Placement Statistics (2024) |
| Placement rate | 98% |
| Average package | INR 8.03 LPA |
| Highest domestic package | INR 20 LPA |
| Highest international package | INR 18 LPA |
| Top 10% average package | INR 13.56 LPA |
| Top 25% average package | INR 11.45 LPA |
| Top recruiters | Oracle, Infosys Consulting, HCL, Google, Deloitte |
· Placements consistently above94%across all campuses
·Highest International Package:₹41.40 lakh
·Highest National Package:₹22 lakh
·IBS Hyderabad Average Package:₹9.82 lakh
· For details:Placement Report
· 75,000+ alumni, 40% in senior roles, 10% in international positions
Top Recruiters
Zycus Infotech
India Bulls
IndiaInfoline
ICICI Securities
ICICI Bank
Yes Bank
Wipro InfoTech
Ibexi Solutions
HDFC STANDARD LIFE
HDFC Ergo
VEDANTA RESOURCES
Vardhaman Textile Ltd
HDFC Bank
Universal Hunt
HCL Info System
havells
Hansa Management Pvt. Ltd.
Transparent Energy
Torrent Pharmaceuticals
South Indian Bank
The Smart Cube
TCS BPO
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Export-Import Bank of India (EXIM Bank)
Edelweiss
TCS
TATA AIG
Sutherland Global Services
Deloitte
Sutherland Global Services
Standard Chartered Bank
CRISIL
Srei - Sahaj e-Village Limited
CAP Gemini
South Indian Bank
Sbi life
Blue Star
Reliance Capital
Bilcare
Radio City
Bigtree Entertainment
Pipal Research
Bank of Baroda
Bajaj Allianz
axis bank
Mott Macdonald
Kotak Mahindra Old Mutual Life Insurance Limited
Kansai Nerolac Paints Ltd
JP Morgan Chase
Nestle India
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Reckitt Benckiser (I) Pvt. Ltd
Reliance Life Insurance
CROMA-TATA Enterprises
DHL
ICICI Bank
TCS
JK Tyre
Just Dial
ICFAI Business School (IBS) Mumbai, Mumbai Rankings
- The college has ranked among India’s top management colleges; it is among the 53rd best private MBA college by The Week 2019.
- Business India has awarded it an "A++ rating."
- College is rated "A4" by Business Standard.
- Six among Top B-Schools (ranked 3rd in West zone) by Silicon India.
- 6th Rank among the Top emerging B-Schools of Super Excellence by CSR-GHRDC.
ICFAI Business School (IBS) Mumbai, Mumbai Scholarship
Scholarships worth ₹10 crores
IBS offers merit-based scholarships for top performers in IBSAT 2025 (to be held on December 27–28, 2025).
Total 500 scholarships of ₹2 lakh each are planned for the Class of 2028. The amount will be adjusted—₹1 lakh each—against the first and second term program fee instalments.
Eligibility Categories
· Top rankers in IBSAT 2025
· Wards of IBS alumni
· Physically challenged candidates
· Wards of defence personnel (serving/retired from Army, Navy, Air Force, Paramilitary Forces)
Terms and Conditions
1. Candidates must appear and qualify in IBSAT 2025 (on December 27 or 28, 2025). 2. Admission formalities, including fee payment and registration, must be completed on time. 3. Scholarship amount will be adjusted against the program fee only.
4. If a student withdraws, the scholarship amount will be deducted before any applicable fee refund.
ICFAI Business School (IBS) Mumbai, Mumbai Infrastructure Details
Campus Highlights
· Over 30 years of experience in management education
· 9 campuses follow the same pedagogy—case-based learning and a 14-week industry internship
· Modern infrastructure with classrooms, libraries, labs, Bloomberg terminals, and SAP access
· Placements consistently above94%across all campuses.
Name- Dillp
Phone- 916047616
Boys Hostel
Girls Hostel
Medical Facility
Library Facility
Cafeteria
Computer Lab
Gymnasium
Auditorium
ICFAI Business School (IBS) Mumbai, Mumbai Awards
6th among Top B-Schools and ranked 3rd in West zone â€" Silicon India
Ranked ‘A4’ by Business Standard
6th among Top emerging B-Schools of Super Excellence â€" CSR-GHRDC
ICFAI Business School (IBS) Mumbai, Mumbai Faculty Details
The faculty at IBS Mumbai has teachers with rich industry experience, skilled and well-qualified experienced professionals, and researchers who are committed to providing quality education in the field of business management. Current and former professional experience of the faculty concentrated in finance, marketing, operations, human resources, and entrepreneurship ensures that they share practical experience and academic perspective at the same time. Their teaching approaches incorporate the use of cases in making decisions, to enhance the analytic ability of the students. The teaching staff at IBS Mumbai is responsible for guiding the students and preparing them with the tools and understanding they require in the workplace. A few of the faculty members are mentioned below:
- Pritee Sanjeev Saxena: Sr. Director (Marketing)
- Rita Rangnekar: Faculty Member (Soft Skills)
- Tapas Kumar Das: Faculty Memberv(OB/HRM)
- Anil Chintaman Mahajan: Faculty Member (Finance)
- Ramasubramanian Krishnan: Faculty Member (Operations)
- Chitvan Mehrotra: Faculty Member (IT/Systems)
| Faculty Name | Faculty Photo |
|---|---|
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Prof. Y K Bhushan Position : Director Speciality : N/A Education : N/A |
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PROF. CMA ARUN DINUBHAI CHANDARAN Position : Faculty member Speciality : Banking Education : PROF. CMA ARUN DINUBHAI CHANDARANA is a Fellow Cost & Management Accountant, Certified Associate of `The Indian Institute of Banking & Finance’, Masters in Commerce (2nd Rank holder) |
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Dr. Vanita Joshi Position : Faculty Member Speciality : IT and Systems Education : Ph.D.(Management), PGDOM, MBA, B.Sc.(PCM) |
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Ms Juhi Ranjan Position : Faculty Member Speciality : HRM Education : PGDM(PM&HRD), MPM |
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Mr. Sanjay Katira Position : Adjunct Faculty Speciality : Business Strategy Education : Qualified Chartered Accountant and Management Graduate from Welingkar Institute of Management Studies & Research |
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Student's Rating for ICFAI Business School (IBS) Mumbai, Mumbai
ICFAI Business School (IBS) Mumbai, Mumbai Alumni Details
The students or the alumni of IBS Mumbai are a clear testimony of the kind of business school ICFAI BUSINESS SCHOOL (IBS) Mumbai is. IBS Mumbai boasts of its alumni network comprising more than thousands of graduates practicing in different fields of the economy worldwide in fields ranging from finance, consulting, marketing, technology, and entrepreneurship development. Being a well-known school of thought for strategic thinking, leadership, and effective frameworks, such professionals persistently adhere to the vision and mission of IBS Mumbai, pursuing today’s global organizations from multinational to new-age startups. At the same time, their success stories not only prove the excellence of the educational process at IBS Mumbai but can also become a stimulus for further learners and demonstrate what opportunities a student has in the modern business environment. A few notable alumni are mentioned below:
- Sulekha Ganguli: Business Analyst at Tata Consultancy Services
- Abhinav Srivastava: Chief Information Officer & Head of IT Shared Services, Chennai
- Abhay Anand: Partner Deal Advisory / Investment Banking, Grant Thornton, Mumbai
- Anubha Agarwal: Promoter, Honda Cars India Ltd, Raurkela
- Krishnaraj Dey: AVP - Merchant Acquisition, Yes Bank, Hyderabad
- Gaurav Sharma: Associate Partner, McKinsey & Company, Gurgaon
- Dhiraj Kunwar: Director, RAKBANK, Dubai
| Alumni Name | Alumni Photo |
|---|---|
|
Parag Jain He is a 2001 batch alumnus. He is a Vice President at ADVENTITY BPO FZ LLC in Dubai. He has worked for Emirates Bank. |
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Pooja Awasthi Pooja is a 2004 batch alumna of IBS Mumbai. She has pursued Management education from IBS. She is a Relationship Manager with Anand Rathi. Currently, she is living in Mumbai, India. |
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Frequently Asked Questions
Where is IBS Mumbai located
Hiranandani Gardens Hiranandani Knowledge Park Opp. Hiranandani Hospital, Off, Technology St, Powai, Mumbai, Maharashtra 400076
What is IBS Mumbai full form?
International Business School Mumbai is the full form of IBS Mumbai
What is the rank of IBS Mumbai?
There are five business schools in the Western area that are ranked among the best in the world. Business Today ranks IBS Mumbai as #20 in the world, #6 among top business schools, and #3 in the West Zone of Silicon India’s IBS Mumbai Ranking.
Who is the head of IBS Mumbai?
Dr. Pritee is the Director & Campus Head of IBS Mumbai.
What is the cost of the Application Fee?
The application fee costs is Rs.1800/-
Where can I get the IBSAT 2024 Application?
The IBSAT 2024 application is available both online and offline: Online: Candidates can apply online at www.admissions.ibsindia.org/ibsat/registration/index.asp. After a successful transaction, applicants will receive an email or SMS with their applica
When will the IBSAT 2024 results be announced?
The IBSAT 2024 results are expected to be announced in the first week of January 2025.
Are placements guaranteed for IBS students?
While IBS supports students with placement guidance and a strong network of potential employers, students are expected to make their best efforts to secure suitable positions. IBS consistently achieves strong placement records each year, attracting top co
Whom do i contact for admission related queries?
For Queries on the PGPM/MBA Program, Contact: IBS Admission Office #65, Nagarjuna Hills, Punjagutta, Hyderabad – 500 082, Telangana State Phone: 040-23440963 / 62 / 61 / 60 Toll-Free: 1800 425 55 66 77 (Mon-Fri, 9:30 am – 5:30 pm)
Contact Details
Hiranandani Knowledge Park, Opp. Hiranandani Hospital, Off.Technology Street, Hiranandani Gardens, Powai
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