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IBS Mumbai

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IBS Mumbai


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 courses offered at IBS Mumbai are approved by AICTE and UGC and 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 1030 students. Admissions to the program are based on the IBSAT/CAT/ NMAT scores followed by a Group Discussion (GD) and Personal Interview (PI) round. 

IBS Mumbai recently concluded its 2022 placement drive in which 98% of the students got hired by reputed recruiters. Some of the prominent recruiters included Oracle, Genpact, EY, KPMG, ICICI Securities BYJU’s. The highest international salary package stood at INR 53.45 LPA which is the highest among all the IBS campuses. The highest national salary package stood at INR 15 LPA. Students received an average salary of INR 7.14 LPA. 

IBSAT 2022 Exam Dates



IBSAT Registration Start Date

July 1, 2022

IBSAT Registration Last Date 

December 16, 2022

IBSAT Admit Card Release

3rd week of December 2022

IBSAT Exam Date

4th week of December 2022 

IBSAT Result 

1st week of January 2023

Briefing about selection

2nd week of January 2023

IBSAT Selection Process Begins

February/ March 2023

IBS Mumbai Highlights

  • Campus: IBS Mumbai has 80,000 sq.ft. campus including 15 class rooms on two floors, faculty cabins, 225 seater auditorium, separate common rooms for boys and girls, a gym and three syndicate rooms for student faculty interaction. The college also has a rich library with an extensive collection of over 28,000 books, 13 International and 92 National journals and magazines and more than 2,000 CDs. It subscribes to 8 major online databases.
  • Selection Criteria: The IBS Mumbai selection process is expected to start from February/March 2023. IBS Mumbai accepts the valid scores of CAT, IBSAT, and NMAT for its flagship PGPM shortlisting. In 2021, 25000+ candidates appeared for IBSAT and nearly 12000 candidates had qualified for the furthere selection process. Check: IBS Mumbai Previous Year CAT cutoff
  • Application Form: The application form is common for admission to MBA/PGPM program at all IBS campuses including IBS Mumbai. IBSAT Application Bulletin can be purchased by payment of Rs1800/- at the IBS Mumbai marketing office.
  • Top Recruiters: Prominent recruiters include Blackrock, Citibank, Deloitte, S & P Global, Capgemini, EY, Genpact, Aditya Birla,HDFC Bank, Hyundai, Hero Fin Corp, HCL Technologies, ITC, Byjus, ICICI, ICRA, J P Morgan Chase, J K Tyre, Kotak Mahindra, KPMG, Nestle, Property Pistol, Reliance, TCS, Tech Mahindra, Tolaram Group, Vedanta, Zomato, Zycus Infotech, etc with a relatively higher package.
  • International Collaboration: IBS Mumbai has got global tie ups with many international institutions such as University of Essex, UK; The Resource Alliance, UK; Queensland University, Australia etc
  • Faculty: IBS Mumbai has 36 faculty members who are mostly PhD holders in Management and various other related streams.The college also makes arrangement for guest lectures and invites guest faculty nationally and iglobally.
  • Alumni: As of now, IBS has 58,000+ alumni and 8500+ students. The alumni are working in over 900 blue-chip companies all across the globe and are placed in top companies located at national and international levels. 

IBS Mumbai Admission Dates



IBSAT Registration Window (Tentative)

Jun 5, 2022 - Dec 21, 2022

IBSAT Admit card Download start date(Tentative)

Dec 22, 2022

IBSAT 2023 Exam Date(Tentative)

Dec 24, 2022; Dec 25, 2022

IBSAT Result Date(Tentative)

Jan 5, 2023

Last date to apply for IBS admission with CAT/NMAT score(Tentative)

Jan 31, 2023

IBS Mumbai Course & Fees

Course Name

Course Eligibility

Total Course Fee


Eligibility Criteria: Graduation in any stream with minimum 50% aggregate or above from English medium Those not from the English medium in UG must have a valid score in TOEFL/ NELT/ IELTS exam score by May 31 of the admission year Final year students are also eligible to apply
Selection Criteria: IBSAT/ CAT or NMAT scores + PI
Duration: 2 years

INR 9.09 lakh

IBS Mumbai Cut off 

Last year more than 25000 candidates have appeared for IBSAT and 12000 candidates have qualified for the Selection Process. Mentioned below are the required IBSAT percentile for the PGPM program:

IBS Mumbai IBSAT Cutoff 

Entrance Name 

Cutoff Percentile 







Apart from valid marks obtained in the IBSAT entrance exam, there are NMAT by GMAC & CAT are also accepted by IBS Mumbai. The below-tabulated format will enlighten the CAT cutoff marks: 

IBS Mumbai Placements 2022

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 2022 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:


Placements Statistics 2022

Students Placed


Total No. of Recruiters


Average Salary

INR 7.14 LPA

Highest National Salary 


Highest International Salary

INR 53.45 LPA

Average Salary of Top 10% students

INR 12.18 LPA

Average Salary of Top 25% 

INR 9.69 LPA 

Prominent Recruiters

Citibank, Deloitte, S & P Global, Capgemini, EY, Genpact, Aditya Birla,HDFC Bank, Hyundai, HCL Technologies, ITC etc


IBS Mumbai International Immersion Program

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


The Resource Alliance, UK


Queensland University, Australia




IBS Mumbai Application Process 2023

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

IBS Mumbai Ranking

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.

  • 20th by Business Today
  • ‘A++’ by Business India
  • ‘A4’ by Business Standard
  • 6th among Top B-Schools and ranked 3rd in West zone – Silicon India
  • 6th among Top emerging B-Schools of Super Excellence – CSR-GHRDC
  • 7th among Top B-Schools in West zone – Careers 360

IBS Mumbai Scholarships

IBS also offers scholarships of INR 4.00 Lakhs to Top 100 candidates in each category of IBSAT, CAT, NMAT by GMAC and XAT test scores. IBSAT category scholarships are already announced.

Scholarship Eligibility Cutoff Scores









IBS Mumbai Facility

  • Campus: 80,000 sq.ft. campus with 15 classrooms on two floors, 225 seater auditorium, faculty cabins, separate common rooms for boys and girls, a gym and three syndicate rooms for student-faculty interaction. It has two large conference rooms and a foyer.
  • Library with an extensive collection of over 28,000 books, 13 International and 92 National journals and magazines and more than 2,000 CDs. It subscribes to 8 major online databases.
  • Hostel: Hostel facility is not available at IBS campuses (except at IBS Hyderabad & Jaipur). However, campus administration will assist the students in getting suitable off-campus accommodation near the campus.

IBS Mumbai Faculty

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 provide best knowledge to the students. They provide proper guidance to the students through their experience. The faculty members are helpful, supportive and have proper understanding in their area of expertise.

IBS Mumbai FAQs

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 2022 Bulletin of IBS Mumbai offline?

Ans. IBS Mumbai Application form with PGPM 2022 Bulletin may be purchased either through Online or Offline. Further, Offline Applications are available at any of the IBS Marketing Branches. On purchase of offline application form you will get a scratch card containing 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 are required to appear in the prescribed national level test for being shortlisted for the further round. 

Ques. Is there any provision for getting 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 2022 going to be started at IBS Mumbai?

Ans. Regular classes PGPM program at IBS Mumbai will commence on May 16, 2022. All the finally shortlisted students are compulsarily required to report at the college campus on the very day for program registration and submit the first installment of fees.

Ques. Where do I get the IBSAT Application?

Ans. IBSAT 2020 Application is available Online and Offline Online:-

  • Online application is available at
  • After a successful transaction, candidates will receive mail/SMS with details of the application number and password.


  • Offline Application is available at our 50 IBS FTP Branches across India, to find the nearest branch at your location visit @

Ques. Will IBS Mumbai provide any Mock Tests?

Ans. Yes. Mock Tests will be provided for the candidates to familiarize themselves with IBSAT 2020 test. These mock tests will be available on from September 2020 onwards. One of the ethos of ICFAI Business School (IBS) is to recognize and encourage meritorious students. IBS Offers Campus Merit scholarship 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 educational loans from Public / Private Sector Banks. IBS has entered into MOUs with the following financial institutions:

  • CREDILLA Financial Services
  • AVANSE Financial Services Pvt. Ltd.

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 UGC Act, 1956

  • IBS Dehradun & IBS Jaipur campuses are recognized by UGC & their respective State Legislatures.
  • IBS Ahmedabad, IBS Bangalore, IBS Gurgaon, IBS Kolkata, IBS Mumbai, IBS Pune are independent professional institutes offers PGPM. They are neither affiliated to nor are off-campus centers of any university

Contact Details

For further details and one-on-one help, please contact the undersigned

8088888710, Career Advisor


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