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IBS Mumbai Admission 2024: Courses, Eligibility, Selection Criteria, Dates

Q: Is hostel accommodation available for the students at IBS Mumbai?

Hostel facility isnot availableat IBS, Mumbai However campus administration will assist the students in getting suitable off-campus accommodation nearby the campus. The living expenses in these cities vary from Rs 8,000 Rs 15,000 per month.

Mumbai, MaharashtraEstd 1995

#55 For MBA By IIRF 2024

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Written By Sapna Malik updated

IBS Mumbai is spread in a 80,000 sq.ft. campus with 15 classrooms on two floors, 225 seater auditorium and three syndicate rooms for student faculty interaction. The institute leverages academic rigour with close industrial interaction to bring out the best of every student on IBS Mumbai campus. The institute is rated 20th by Business Today and 6th among the Top B-schools by Silicon India.

The IBS Mumbai selection process is expected to start in the month of February/March every year. The B School accepts the valid scores of CAT, GMAT, IBSAT, and NMAT for its flagship PGPM shortlisting. The final selection is based on the Group Discussion (GD) and Personal Interview (PI) round conducted by the institute. During the IBS Mumbai Admission 2021, 25000+ candidates appeared for IBSAT and around 12000 candidates had qualified for the further selection process. Check: IBS Mumbai Previous Year CAT cutoff

Table of Content

IBS Mumbai Top Courses, Seats & Fees
IBS Mumbai VS SCMHRD, PuneVs TAPMI Manipal Vs XIM Bhubaneswar Vs IMT Nagpur Vs SIBM Pune Vs XISS Ranchi
IBS Mumbai Cut off
IBS Mumbai PGPM Admission 2023

4.1 Selection Criteria

4.2 IBS Mumbai Application Process

IBS Mumbai FAQ

IBS Mumbai Important Dates

Events	Dates
IBSAT Exam Date	December 25, 2022
IBSAT Result	December 29, 2022

SIBM Pune Top Courses, Seats & Fees

Course Name	Course Eligibility	Total Course Fee
PGPM	Eligibility: Graduation in any stream with minimum 50% aggregate from English student must have TOEFL/ NELT/ IELTS score in case of non proficiency in English Final year students are also eligible to apply Selection Criteria: IBSAT / CAT or NMAT scores + PI Duration: 2 years	INR 9.09 Lakhs

Also Check Which business school should I choose, SIBM Pune or NMIMS Mumbai?

IBS Mumbai VS SCMHRD, PuneVs TAPMI Manipal Vs XIM Bhubaneswar Vs IMT Nagpur Vs SIBM Pune Vs XISS Ranchi

College Name	IBS Mumbai	SCMHRD, Pune	TAPMI Manipal	XIM Bhuvaneshwar	IMT Nagpur	SIBM Pune	XISS Ranchi
PGDM/MBA/MMS Fees	INR 9.09 lakh	INR 19.00 Lakhs	INR 18.30 Lakhs	INR 19.5 Lakhs	INR 12.12 Lakhs	21.32 Lakhs	INR 8 Lakhs
Popular Electives	Marketing, Finance, Operations, Strategy	Finance, Business Analytics, Marketing, Operations Management, HRM	Finance, HRM, Operations, Marketing, IT & Analytics,Strategy	Marketing, Finance, Operations, HR, Strategy, Systems	OB, Marketing, Finance, HR, Operations	Marketing, HR, Finance, Operations & Supply Chain Management	Marketing, Finance, HRM, RM, IT
Highest Package	INR 22 LPA	INR 33.6 LPA	INR 32.2 LPA	INR 32.21	INR 23.57 LPA	INR 45.5 LPA	20.50 LPA
Average Package	NR 7.04 LPA	INR 16.5 LPA	23.06 LPA	17.54 LPA	INR 9.9 LPA	23.06 LPA	INR 7.19 LPA
Median Package	—	INR 15 LPA	—-	INR 17.10 LPA	INR 8.3 LPA	INR 20.80 LPA	—
Accepted Entrance (Minimum Cutoff)	IBSAT(75)/CAT(70%)/ GMAT/ NMAT(70%) scores	SNAP score(97)	CAT(85)/ XAT(85/ GMAT(630) scores	XAT(92)/ CAT(92-94)/ X-GMT(91)	CAT(85)/ GMAT/ XAT/CMAT(90) score	SNAP score (98.07)	XAT Score (95)
NIRF Ranking	27	—	32	34	26	20	—-
Quick Links	IBS Mumbai Admission	SCMHRD Pune Admissions	TAPMI Manipal Admission	XIMB Admission	IMT Nagpur Admission	SIBM Pune Admission	XISS Ranchi Admission

IBS Mumbai Cut off

ICFAI Business school Admissions are ongoing for the academic year 2023. The minimum cut-off scores for getting a GDPI call scheduled at IBS Mumbai from 23 February - 4 March 2023 is as follows:

IBS Mumbai Cutoff:

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

IBS Mumbai PGPM Admission 2023

Eligibility Criteria

For 2 year IBS Mumbai flagship PGPM Program, IBS Mumbai takes into consideration the below mentioned eligibility criteria:

Graduation (any discipline) with 50% and above marks with medium of instruction as English.
Candidates not meeting the eligibility criteria of English medium in graduation have to submit the TOEFL/ NELT/ IELTS score by May 31 of the admission year.
Applicants in their final year bachelor’s degree course are also eligible to apply, provided they complete their graduation requirements (including practical examinations / viva / assignments) before May 31 of their admission year. The last date for submission of proof of graduation is November 01, 2022.
Eligibility criteria will be checked from August, 2022 onwards. Hence, the applicants should ensure that they satisfy the eligibility criteria as furnished by IBS Mumbai.

Selection Criteria :

The selection process to IBS Mumbai consists of three stages –

Stage I: Written Exam

IBSAT or scores of other exams such as CAT or NMAT by GMAC or GMAT or SNAP or XAT or MAT or CMAT or CET (Maharashtra) and any other State Level Test are also considered valid.

Stage II: Group Discussion & Personal Interview:

Candidates qualified in IBSAT or and any other Test are called for the selection process at one of IBS campuses to appear in a Group Discussion and Personal Interview.

Stage III: Final Shortlisting:

The final selection is based on past academic record and performance of the candidates in Group Discussion and Personal Interview. The weightages given for past academic record, group discussion & personal interview are as given below.

Admission Components			Weightage (%)
Past academic record	X	10	50
	XII	15
	Graduation	25
Group discussion			25
Personal Interview			25
Total Score			100

IBS Mumbai Application Process

Application form (PGPM 2023 Bulletin) may be purchased either through Online or Offline mode as follows. The cost of the application form (PGPM Bulletin) is Rs 1800.

Online :-

Online registration for the programs is available on http://admissions.ibsindia.org/pgpm2023/registration/
After successful transaction, candidates will receive a mail with details of application number and password.

Offline :-

Offline Applications are available at IBS Marketing Branches - For nearest branches you may visit the website http://www.ibsindia.org/contact_us/
On purchase of application form you will receive a scratch card containing application number and password.

FAQs

Ques. Where do I get the IBSAT Application?

Ans. IBSAT 2022 Application form is available Online and Offline. The online application is available at official Website.

After a successful transaction of INR 1800, candidates will receive an e-mail/SMS with details of the application number and password.
Offline Application is available at the nearest braches. You can check the branches for an offline application form by visiting ibsindia.org/contact-us/.

Ques. What is the pattern of IBSAT test or it is similar to the CAT or the GMAT?

Ans. IBSAT is an aptitude test conducted by ICFAI Business school for admisison to various progrmas. The duration of IBSAT exam is two hours. The question paper is divided into four sections Verbal Ability, Reading Comprehension, Quantitative Ability, and Data Adequacy & Data Interpretation. IBSAT paper has 140 questions in total which are multiple choice questions.

Verbal Ability : 50
Reading Comprehension : 30
Quantitative Aptitude : 30
Data Adequacy & Data Interpretation : 30

Ques. What are the scholarships offered by IBS Mumbai?

Ans. One of the ethos of ICFAI Business School (IBS) is to recognize and encourage the meritorious students. IBS Offers Campus Merit scholarship and I-LEAD Assistantships (IBS Learn, Earn & Develop).

Ques. Is hostel accommodation available for the students at IBS Mumbai?

Ans. Hostel facility is not available at IBS, Mumbai However campus administration will assist the students in getting suitable off-campus accommodation nearby the campus. The living expenses in these cities vary from Rs 8,000 – Rs 15,000 per month.

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 IBS Mumbai guarantees placements?

Ans. IBS has an impeccable track record of achieving good placements year on year. The best companies visit the campus every year. Placements for the year 2019 details visit ibsindia.org/final-placements/

Ques. Can we take an education loan to study at IBS Mumbai ?

Ans. Yes, lots of the students pursuing programs at IBS Mumbai have financed their course fee through educational loans from various public sector and private sector banks and financial institutions. Some of them include HDFC Bank Ltd. , Axis Bank & ICICI Bank , HDFC Credila Financial Services Ltd. , Avanse Financial Services, Eduvanz Financing Pvt Ltd, LiquiLoans Private Ltd etc.

Ques. Does IBS Mumbai give MBA Degree?

Ans. No, IBS Mumbai does not offers MBA course. It offers a 2 year, full-time PGPM(Post Graduate Program in Management). However, some other branches of IBS offers MBA program.

Ques. Is there any weightage for work experience in the selection process?

Ans. There is no weightage for work experience in the selection process. However, during the Personal Interview the panel members assess the candidate taking into consideration all the factors like work experience, etc.

Ques. Does IBS Mumbai considers management quota for its PGPM Admission?

Ans. No, There is no management quota or NRI quota as of now as prescribed by IBS Mumbai. For its flagship PGPM Programme, IBS only accepts the candidature of the applicants based on entrance tests.

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IBS Mumbai Upcoming Application Dates 2024

Important Events

Events	Dates
CAT 2024 Exam Date	Upcoming Nov 24, 2024
CAT 2024 Result Date	Tentative Dec 26, 2024

Expired Events

Events	Dates
CAT 2024 Admit Card Date	Oct 25, 2024
CAT 2024 Registration Date	Aug 03, 2024 - Sep 20, 2024

Important Events

Events	Dates
CAT 2024 Exam Date	Upcoming Nov 24, 2024
CAT 2024 Result Date	Tentative Dec 26, 2024

Expired Events

Events	Dates
CAT 2024 Admit Card Date	Oct 25, 2024
CAT 2024 Registration Date	Aug 03, 2024 - Sep 20, 2024

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IBS Mumbai Cutoff 2024

IBS Mumbai, NMAT Cutoff 2023

IBS Mumbai, NMAT Cutoff 2023 for General Category is listed below. The overall cutoff percentile for NMAT is 55

Courses	Round 1
PGPM Compare	55

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IBS Mumbai Fees & Eligibility

Full time Courses

Course	Fees	Eligibility	Application Date	Action
PGPM	₹9.09 Lakhs (Total Fees)	Graduation with 50%	31 Mar 2024

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COURSE	ADMISSION LINK
MBA/PGDM,	Admission Link

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Popular Colleges Compared With IBS Mumbai

College	Avg Fees/ year
ICFAI Business School - [IBS], Bangalore	₹652500
ICFAI Business School - [IBS], Gurgaon	₹454500
ITM Business School Kharghar - [ITM], Navi Mumbai	₹597500
IBS, Hyderabad	₹850500
N. L. Dalmia Institute of Management Studies and Research - [NLDIMSR], Mumbai	₹810000
SIES School of Business Studies - [SIES SBS], Mumbai	₹400000
Balaji Institute of Modern Management - [BIMM], Pune	₹600000
Chetana's Institute of Management and Research - [CIMR], Mumbai	₹392500
Prin. L. N. Welingkar Institute of Management Development & Research - [WeSchool], Mumbai	₹700000

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IBS Mumbai: 1 Answered Question

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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