ICFAI Business School, Mumbai, or IBS Mumbai, is one of the top private business schools in India. It was started in 1995 and is part of the well-known ICFAI Group. The institute is approved by AICTE and offers a respected Post Graduate Program in Management (PGPM), which is similar to an MBA. Its degrees are valid across India and accepted by top companies.
The IBS Mumbai campus is located in Powai, a prime area in Mumbai. It offers everything a student needs—smart classrooms, Wi-Fi campus, finance and analytics labs, a digital library, cafeteria, sports area, and medical support. Although it doesn’t have its own hostel, students can find good PG accommodations nearby.
At IBS Mumbai, students can join the 2-year PGPM program, which focuses on Finance, Marketing, HR, Operations, and Business Analytics. The program includes case-based learning, real-world projects, internships, and training in soft skills. Students from any background can apply after finishing their graduation.
Admissions are done through IBSAT, which is IBS's own entrance test. You can also apply using CAT, GMAT, or NMAT scores. After that, there is a group discussion and a personal interview round. IBS Mumbai also helps students with placements, and many graduates are hired by top companies like Amazon, HDFC Bank, ICICI Bank, Deloitte, PwC, Infosys, and EY.
IBS Mumbai Highlights 2027
| Particulars | Details |
|---|---|
| Institute Name | IBS Mumbai |
| Established Year | 1995 |
| Institute Type | Private |
| Location | Mumbai |
| Recognitions | UGC |
| Top Courses Offered | PGPM |
| Admission Criteria | Merit and Entrance Based |
| Entrance Exams Accepted | IBSAT, CAT, MAT |
| Top recruiters | Amazon, Microsoft, Infosys, HDFC Bank, and ICICI Bank |
| Alumni | 4,000+ |
| Official Website | https://ibsindia.org/ibs-mumbai/ |
IBS Mumbai Courses and Fees 2027
ICFAI Business School, Mumbai, offers a PGPM course. Its total fees are around INR 9,09,000. Also, candidates with a score of 45% in 10+2 can apply for admission. Candidates should check the table below for detailed courses:
| Course | Specialisation | Eligibility | Duration | Total Fees |
|---|---|---|---|---|
| PGPM | Finance, Marketing, HR, Operations, and Business Analytics | Graduation with 50% marks | 2 Years | INR 9,09,000 |
IBS Mumbai Admissions 2027
To get admission into ICFAI Business School (IBS) Mumbai, a student must first complete graduation in any subject with at least 50% marks. The student can apply through IBSAT, which is the entrance exam conducted by IBS. However, those who already have valid scores in CAT, GMAT, or NMAT can also apply. After clearing the exam, shortlisted students are invited for a group discussion and personal interview, where the college checks how well the student can think, speak, and solve problems.
IBS Mumbai selects students who are ready to learn business skills and grow as future leaders. The admission form can be filled out online on the official IBS website. Once selected, the student becomes part of a program that focuses on practical learning, real business projects, and soft skills.
Application Process for IBS Mumbai Admission 2027
- Visit the official website of the institute.
- Press the ‘Apply to IBS’ button at https://admissions.ibsindia.org/.
- Fill in the required details, such as name, mobile number, and secured marks, and select the exam city.
- Submit the application form.
IBS Mumbai Placement 2026
ICFAI Business School, Mumbai, offers impressive placements for students every year. It has achieved the highest national package of INR 20 LPA. Some of its major recruiters include Amazon, Microsoft, Infosys, HDFC Bank, and ICICI Bank.
| PLACEMENT DETAILS CLASS OF 2025 | ||||||
| Campus | Highest CTC (INR) | Average CTC (INR) | ||||
|---|---|---|---|---|---|---|
| Placements | Average CTC (INR) | National | International | Top 10 % | Top 25 % | |
| Mumbai | 95% | 7.89 | 20 | - | 11.97 | 10.67 |
IBS Mumbai Ranking 2026
ICFAI Business School, Mumbai, was ranked 55th under the ‘MBA’ category by the IIRF Ranking 2024. However, the 2025 rankings are unavailable.
| Year | Ranking Body | Category | Year |
|---|---|---|---|
| 2024 | IIRF | MBA | #55 |
| 2023 | IIRF | MBA | #74 |
IBS Mumbai Scholarship 2026
ICFAI Business School, Mumbai, offers institute and government-level scholarships, like IBSAT Scholarships. Candidates can check the provided scholarships as mentioned below:
| Scholarship Category | Eligibility Criteria |
|---|---|
| Toppers in IBSAT | Top rank holders in the IBSAT exam |
| Wards of IBS Alumni | Children of IBS alumni applying for MBA/PGPM |
| Physically Challenged Candidates | Candidates with disabilities applying for MBA/PGPM |
| Wards of Defence Personnel | Children of serving/retired Army, Navy, Air Force, or Paramilitary personnel applying for MBA/PGPM |
IBS Mumbai Facilities
ICFAI Business School, Mumbai, offers various campus facilities, like classrooms, a library, canteens, and on-campus medical facilities. Candidates must check the campus facilities mentioned below:
- Smart classrooms with projectors and the internet
- Wi-Fi-enabled campus
- Computer labs for finance, marketing, and data learning
- A big digital library with online journals and e-books
- Seminar halls and conference rooms for presentations and guest talks
- Cafeteria and food court for snacks and meals
- Sports and gym area to stay fit and active
- On-campus medical help and tie-ups with hospitals nearby
IBS Mumbai Faculty
ICFAI Business School, Mumbai, has the best core faculty. Candidates must check the detailed faculty of the IBS Mumbai, as mentioned below:
| Name | Qualification | Position/Role |
|---|---|---|
| Pritee Sanjeev Saxena | Ph.D, MMM, M.Sc, B.Sc | Sr. Director - Marketing |
| Rita Rangnekar | Ph.D, MA, DIRPM, Dip.T&D | Faculty Member |
| Rajini Venkatadri | Ph.D, MFM, B.Com | Associate Dean & IBSAF Coordinator |
| Davinder Kaur Suri | Ph.D, MMS, B.Com | Dean (Academics) & Dy. ACO |
| Tapas Kumar Das | PGDM, MA (Economics) | Faculty Member |
| Hemant Sharad Purandare | MMM, BE (Civil) | Director (Academics) |
| Sarika Rachuri | Ph.D, M.Phil., MA, B.Com | Faculty Member |
| Anil Chintaman Mahajan | Ph.D, CA, M.Com | Faculty Member |
| Madhu Iyengar | Ph.D, ICWA, CMA, M.Com, B.Com(Hons) | Dean (Corporate Relations) & Dy PCO |
| Priyanka Mathur Dhingra | Ph.D, MBA, BSc | Associate Dean (SDCC) |
| Dimple Pandey | Ph.D, MBA, BE | Faculty Member |
| Vanita Joshi | Ph.D, PGDOM, MCM | Dean (Examinations) |