IBS Mumbai: Fees, Cutoff, Admission 2023, Placements, Ranking

Courses Offered By IBS Mumbai

Select Degree & Streams To See Course Fees & Admission Details

Post Graduate Program in Management [PGPM]

Total Fees:₹909,000

3.8(2 Reviews)2 YearsFull Time

Eligibility:

Graduation with 50%

Application Date:

16 Dec 2023

Is IBS a good college for an MBA in marketing? Which is the best campus: Hyderabad, Mumbai, or Pune?

Jayant ThakurStudied at ICFAI Business School, Mumbai

Among the campuses of IBS, Hyderabad is considered the best, followed by Mumbai and Pune. It is assumed that the syllabus and course content are similar across the three campuses. Hyderabad is considered to be the best in terms of facilities and resources, while Mumbai is also a strong option, with good professors, case studies, presentations, and a well-equipped campus.

While IBS Hyderabad has a strong placement record, most of the offered positions are in sales. There are also opportunities in advertising, retailing, and other fields, but they are less prevalent. The pay packages offered by the college are decent. After gaining some experience through campus placements, you can explore job opportunities outside the college.

It is important to note that none of the IBS campuses are AICTE approved, but they are affiliated with ICFAI University in Dehradun. As an alternative, you can opt for a distance MBA program by paying an additional fee.

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About 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 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 1000 – 2000 students under different specializations. Admissions to the program are based on the IBSAT/CAT/ NMAT scores followed by a Group Discussion (GD) and Personal Interview (PI) round. Check IBS Mumbai Admission Process

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IBS Mumbai recently concluded its 2023 placement drive in which 98% of the students got hired by reputed recruiters. Some of the prominent recruiters included National Stock Exchange, Tata Capital, EY, KPMG, ICICI Bank, PWC SDC, DBS Bank Ltd etc. The highest international salary package stood at INR 11.13 LPA which is the highest among all the IBS campuses. The highest national salary package stood at INR 18.80 LPA. Students received an average salary of INR 8.17 LPA. Check IBS Mumbai Placements

Table of Content

IBS Mumbai Highlights
IBS Mumbai Admission Dates 2024
IBS Mumbai Courses
IBS Mumbai Cutoff
IBS Mumbai Placement
IBS Mumbai International Immersion Program
IBS Mumbai Admission Stories
IBS Mumbai Application Process
IBS Mumbai Ranking
IBS Mumbai Scholarships
IBS Mumbai Facilities
IBS Mumbai Faculty
IBS Mumbai FAQs

IBS Mumbai Highlights

Campus: IBS Mumbai has an 80,000 sq. ft. campus including 15 classrooms 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 in February/March 2024. IBS Mumbai accepts valid CAT, XAT, IBSAT, and NMAT scores for its flagship PGPM shortlisting. In 2021, 25000+ candidates appeared for IBSAT and nearly 12000 candidates qualified for the further selection process. Check: IBS Mumbai Previous Year CAT cutoff
Application Form: The application form is common for admission to MBA/PGPM programs 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 the 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 arrangements for guest lectures and invites guest faculty nationally and globally.
Alumni: As of now, IBS has 58,000+ alumni and 8500+ students. The alumni are working in over 900 blue-chip companies globally and are placed in top companies located at national and international levels.

Check Which is better, IBS Hyderabad or IBS Mumbai?

IBS Mumbai Admission Dates 2024

IBSAT Event	Dates
IBSAT Registration Window	July 1, 2023
IBSAT Registration Last Date	December 16, 2023
IBSAT Admit Card Release	3rd week of December 2023
IBSAT Exam Date	4th week of December 2023
IBSAT Result	1st week of January 2024
Briefing about Selection	2nd week of January 2024
IBSAT Selection Process Begins	February / March 2024

CAT Events	Dates
CAT 2023 Registration Starts	August 02, 2023
CAT 2023 Registration Closes	September 20, 2023
CAT 2023 Admit Card Release	October 25, 2023
CAT 2023 Exam Date	November 26, 2023

XAT Events	Dates
XAT Registration Opens	July 15, 2023
XAT Registration Closes	November 30, 2023
Last Date for XAT Application through GMAT / GRE	December 31, 2023
XAT Exam Date	January 07, 2024

NMAT Events	Dates
NMAT Registration	August 1 - October 10, 2023
NMAT Scheduling	August 1 - October 12, 2023
NMAT Re-Scheduling	August 1 - December 16, 2023
NMAT Exam Dates	October 10 - December 19, 2023
NMAT Registration Retake	October 11 - December 16, 2023
NMAT Retake Scheduling	October 11 - December 16, 2023
NMAT Last Date for Scorecard Download	March 31, 2024

IBS Mumbai Course & Fees

Course Name	Course Eligibility	Total Course Fee
PGPM	Eligibility Criteria: Graduation in any stream with a minimum 50% aggregate or above from English medium Those not from the English medium in UG must have a valid score in the 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

ICFAI Business School minimum cut-off scores for getting a GDPI call are as follows:

Exam Name	Cut-Off
CAT	60 Percentile and Above
XAT	60 Percentile and Above
GMAT	500+
NMAT	150+

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 CAT Cutoff (Previous Year Trends)

Section	2020 Cut-off by %ile	2021 Cut-off by %ile	2022 Cut-off by %ile
VRC	40%ile	40%ile	40%ile
DILR	40%ile	40%ile	40%ile
QA	40%ile	40%ile	40%ile
TOTAL	70%ile	70%ile	70%ile

IBS Mumbai Placements 2023

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 2023 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:

Particulars	Placements Statistics 2023
Students Placed	98%
Average Salary	INR 8.17 LPA
Highest National Salary	INR 18.80 LPA
Highest International Salary	INR 11.13 LPA
Average Salary of Top 10% Students	INR 13.3 LPA
Average Salary of Top 25%	INR 11.01 LPA
Prominent Recruiters	Citibank, Deloitte, S & P Global, Capgemini, EY, Genpact, Aditya Birla,HDFC Bank, Hyundai, HCL Technologies, ITC etc

Also check IBS Mumbai Placements

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	HDFC Bank
The Resource Alliance, UK	SPSS	Queensland University, Australia
Microsoft	IBM	ICICI Bank

IBS Mumbai Admission Stories

Candidate Name	Course	Exam Taken (Score)	Work Experience
Adin Ansari	PGPM (Marketing)	IBSAT (157/300)	No broker Hood- 9 Months as Territory Sales Manager
Amrisha	PGPM	NMAT (200)	The Gourmet Jar- 1 year
Natasha Gaur	PGPM	IBSAT (92%)	NA
Medha Sur	PGPM	NMAT (194)	NA

Check IBS Mumbai Reviews

IBS Mumbai Application Process 2024

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.

74th in Top B-School and 21st in West Zone by IIRF
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 2.00 Lakhs to Top candidates in each category of IBSAT, CAT, NMAT by GMAC and XAT test scores. IBSAT category scholarships are already announced.

Scholarship Eligibility Cutoff Scores

Test	Cutoff Score
NMAT by GMAC	Top 100 candidates with a minimum score of 225 and above
CAT	Top 75 candidates with a minimum score of 90 percentile and above
GMAT	Top 25 candidates with a minimum score of 550 and above
XAT	Top 25 candidates with a minimum score of 80 percentile and above

Check IBS Mumbai Scholarship

IBS Mumbai Facilities

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 with internet connectivity. It has two large conference rooms and a foyer. The campus also has a cafeteria.
Library: It has 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.

Check IBS Mumbai Hostel

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 provides the best knowledge to the students. They provide proper guidance to the students through their experience. The faculty members are helpful, supportive and have a proper understanding of their areas 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 2023 Bulletin of IBS Mumbai offline?

Ans. IBS Mumbai Application form with PGPM 2023 Bulletin may be purchased either Online or Offline. Further, Offline Applications are available at any of the IBS Marketing Branches. On purchase of the offline application form, you will get a scratch card containing the 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 must appear in the prescribed national-level test for being shortlisted for the further round. Check More IBS Mumbai Cutoff

Ques. Is there any provision for getting an 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 2023 going to be started at IBS Mumbai?

Ans. Regular classes PGPM program at IBS Mumbai will commence on May 2023. All the finally shortlisted students are compulsorily required to report at the college campus on the very day for program registration and submit the first instalment of fees.

Ques. Where do I get the IBSAT Application?

Ans. IBSAT 2023 Application is available Online and Offline Online:-

Online application is available at admissions.ibsindia.org/ibsat2020/registration
After a successful transaction, candidates will receive mail/SMS with details of the application number and password.

Offline:-

Offline Application is available at our 50 IBS FTP Branches across India, to find the nearest branch at your location visit ibsindia.org/contact-us/

Ques. Will IBS Mumbai provide any Mock Tests?

Ans. Yes. Mock Tests will be provided for the candidates to familiarize themselves with the IBSAT test. These mock tests will be available on ibsindia.org from September onwards. One of the ethos of ICFAI Business School (IBS) is to recognize and encourage meritorious students. IBS Offers Campus Merit scholarships 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 of 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. In case of any queries whom do I contact at IBS Mumbai?

Ans. For any queries on IBSAT2020, you may contact the following address, email and telephone numbers: Admissions Officer IBS Admissions Office Plot No. 65, Ground Floor, Nagarjuna Hills, Punjagutta Hyderabad – 500 082, Telangana, India. Phone: + 91–40–23440963 Toll-Free No: 1800 425 55 66 77 E-mail: ibsat@ibsindia.org

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 the 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, and IBS Pune are independent professional institutes that offer PGPM. They are neither affiliated with nor are off-campus centres of any university

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Why To Join IBS Mumbai - Reviews & Rating

3.8

(2 Verified Reviews)

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5(0%)

4(100%)

3(0%)

2(0%)

1(0%)

Academic

4.0

Infrastructure

3.5

Placement

4.0

What Students Say?

Faculty members are very good and helpful in your life, as they ask questions and help every student become perfect and adept in all skills. This helps us improve our skills and makes all the students the best.
I was in the finance stream, and I wasnt getting any stipend. However, the work culture and learning were awesome there.
They have 100% placement guarantee, and the company visits to this college are very good, including all MNCs. Additionally, the package is very good.
Cradila provides a loan facility for college fees, not a scholarship. However, they do provide 10000 to the best summer internship awardees.
Everything is good. We have a very beautiful library. We sit there often to read management books too. We have ample sports that we play, like badminton and basketball. We also enjoy running, and the greenery is so beautiful. We love to spend time there.
There are no hostel facilities, but the food provided in the college canteen is good.
We were all invited to our nearest venue, and the process was spot on time - the best headcount management ever witnessed.

Dislike

The college will show that the highest package is 10 lakh, but it is just fake and nothing else.
The college also has a loan system, but in the end, due to poor placement, the family members have to repay the student loans.
They have hostels, but no one took those rooms. The rooms in Powai are so expensive, so we had to take rooms in New Mumbai. In Vashi, the rent for a 2 BHK was 20000, and four students can accommodate it. Thats what I did.
Campus infrastructure is very bad. There is no ground for playing sports and games, and conducting events. The auditorium is basically a hall with chairs and a dias.

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Equity Research on Power Sector

7.5Helpful

They consider CAT & NMAT scores and apart from that they conduct their own IBSAT exam for admission. Follow by that they conduct a GDPI round at their Head Campus IBS Hyderabad for all campuses. After a week they declare the results.

Anuj Gaur PGPM, (Student)Reviewed on Feb 5, 2023

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A good college for having a good Return on investment

8Helpful

Eligibility for cracking IBSAT. Application forms can be found on the IBS website. Not availed reservation benefits. The joining for admissions can be a little early, but the process of joining can be also a bit easy, Group discussion and interview can be on the same day.