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IBS Mumbai, established in 1995, ranks among the top 5 B-Schools in Mumbai. The institute is approved by the UGC. In 2024, ICFAI Mumbai was ranked 55th in the MBA category by IIRF.

IBS Mumbai Powai offers 2-year PGPM as its flagship program with a total fee of INR 9.09 Lakh. Admission to the program is determined by scores in IBSAT or CAT/XAT/NMAT/GMAT scores followed by micro presentation and personal interview rounds.

icfai business school mumbai key highlights

According to the placement report of 2025, IBS Mumbai highest package was 20 LPA, and the average package stood at 7.89 LPA. Top recruiters included Capgemini, ICICI Bank, Asian Paints, Tata Capital, Aditya Birla Capital, BlackRock Services, LODHA Group, HDFC Bank.

IBS Mumbai Highlights

NameStatistics
Establishment Year1995
Approved ByUGC
Courses OfferedPGPM
Entrance AcceptedCAT/NMAT/XAT/GMAT
Highest Package20 LPA
Top RecruitersCapgemini, ICICI Bank, Asian Paints, Tata Capital, Aditya Birla Capital, BlackRock Services, LODHA Group, HDFC Bank
Admission criteriaBachelors with 50%
Official Websitehttps://ibsindia.org/
Contact Details[email protected]

IBS Mumbai Courses & Eligibility

IBS Mumbai Campus offers a 2 years PGPM program. The eligibility criteria along with the selection program of the course is highlighted below.

Course NameEligibilitySelection Process
PGPMGraduation with 50% in 10+2+3 or 10+2+4 patternCAT/NMAT/XAT/GMAT or IBSAT + Micro Presentation + PI

IBS Mumbai Fees

The detailed ICFAI Mumbai fees are available in the table below.

Course NameTotal Fees (INR)
PDGM9,09,000

IBS Mumbai Admission 2026

IBS Mumbai Powai exclusively offers a PGPM program for aspiring students. To enroll in the program, applicants must have a valid score on one of the entrance tests, i.e., CAT, XAT, NMAT, GMAT, or appear in the IBSAT exam. Candidates with high scores in either of the entrance tests will be called for the micro presentation and personal interview rounds. The final merit list will be based on academic records and performance in both the personal interview and micro presentation.

How to apply?

  • Step 1: Visit the official website of ICFAI - https://ibsindia.org/
  • Step 2: Register yourself through the website.
  • Step 3: A confirmation along with an auto generated application number and password will be sent to the student via SMS or Email.
  • Step 4: Login with the credentials.
  • Step 5: Enter all the asked details along with IBSAT or any of the national entrance scores.
  • Step 6: Submit the form and pay the application fees of INR 1800.

Also Read: IBS Mumbai Course Admission

IBS Mumbai Cutoff 2026 (Expected)

Highlighted in the table below are the details ICFAI Mumbai Cutoff.

ExamCutoff
CAT60 percentile or above
GMAT500 and above
NMAT by GMAC150 and above

IBS Mumbai Placement 2025

IBS Mumbai campus recorded impressive placement statistics in 2025. As per the report the highest package secured is 20 LPA. Explore complete details on ICFAI Mumbai placement in the table below.

DetailsStatistics
Highest Package20 LPA
Average Package7.89 LPA
Top RecruitersCapgemini, ICICI Bank, Asian Paints, Tata Capital, Aditya Birla Capital, BlackRock Services, LODHA Group, HDFC Bank
Average Package of Top 10%11.97 LPA
Average Package of Top 25%10.67 LPA
Placement Rate94%

IBS Mumbai Ranking 2024

ICFAI Powai has received a ranking from IIRF in the PGPM category for the 2024 session. Check the detailed rankings mentioned in the table below.

AgencyYearCategoryRank
IIRF2024PGPM55 out of 110

IBS Mumbai Faculty

The names of the faculty along with the designation and photo are presented below.

NameDesignationPhoto
Pritee Sanjeev SaxenaSr. Director
Pritee Sanjeev Saxena
Davinder Kaur SuriDean
Davinder Kaur Suri
Associate DeanAssociate Dean
Associate Dean
Tapas Kumar DasTeaching Faculty
Tapas Kumar Das
Sarika RachuriTeaching Faculty
Sarika Rachuri
Anil Chintamam MahajanTeaching Faculty
Anil Chintamam Mahajan
Dimple PandeyTeaching Faculty
Dimple Pandey
Ramsubramaniam KrishnamTeaching Faculty
Ramsubramaniam Krishnam
Nitim Dinanath BolinjkarTeaching Faculty
Nitim Dinanath Bolinjkar

IBS Mumbai Alumni

IBS Mumbai Powai has over 70000+ alumni who have been placed in various reputed organizations. Check the table below for more detailed information about the institute's alumni.

CompanyNo. Of Alumni
Deloitte162
ICICI Bank143
HDFC Bank75
EY63
Kotak Mahindra Bank55
JP Morgan Chase54
Capegemini44
ICICI Prudential Life Insurance42
IBS Mumbai42
IDF First Bank39
Axis Bank35
TCS34

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ICFAI Business School - [IBS], Mumbai Course & Fees

# Course Fees Action
1
PGDM
₹9.09 Lakhs Total fees
Apply Now

Important Dates

Events Course Dates
IBSAT 2026 Selection Briefing Starts

MBA/PGDM

January, 2027
IBSAT 2026 Selection Process begins for MBA/PGPM at IBS Hyderabad

MBA/PGDM

February, 2027
NMAT 2026 Rescheduling

MBA/PGDM

20 August, 2026
NMAT 2026 Scheduling

MBA/PGDM

20 August, 2026
View More

Frequently Asked Questions

Ans. IBSAT is a online entrance exam conducted by ICFAI for admissions to its management courses. This exam is designed for students who do not have valid scores of CAT/XAT/GMAT/NMAT. The detailed pattern of the tests is highlighted below.

DetailsStatistics
ModeOnline (CBT)
Duration2 Hours
Total Marks140
Total Marks Breakup

Verbal Ability – 40 Marks

Reading Comprehension – 30 marks

Quantitative Aptitude – 30

Data Adequacy & Data Interpretation – 30 Marks

Ans. No, ICFAI Mumbai does not have hostel facilities. Hostels are only available at the Jaipur Campus. The rent of the hostel varies from INR 10,000 to INR 15,000.

Ans. Yes, there is a library within the ICFAI Powai campus that features 28,000 books, 92 national and 13 International journals and magazines. It also includes a collection of over 2000 CDs.

Ans. Students shortlisted for the Micro Presentation round at IBS Mumbai will be given a number between 1 to 100. Each number is linked to preassigned topics. After selectin a number, candidates will be given 1 minute to prepare for a 3-minute presentation.

Ans. Yes, IBS Mumbai offers scholarships worth up to 10 Crores to the students based on their marks in IBSAT.

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ICFAI Business School - [IBS], Mumbai

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