IBS Mumbai PG Courses 2025

According to data gathered from unofficial sources, Business Development domain has placed the most number pf IBS Mumbai students. The domain-wise IBS Mumbai alumni placement statistics are presented below:

Note: The “Others” category includes the domains of Operations, Education, Human Resources, Information Technology, Research, Consulting, Accounting, Customer Success and Support, Product Management, Program and Project Management and Media and Communication.

The above-mentioned alumni data is gathered from unofficial sources and hence may vary.

ICFAI Business School, Mumbai admission process for PGPM programme is entirely entrance-based. The applicants are shortlisted based on merit in the accepted exams such as IBSAT/CAT/ GMAT /NMAT by GMAC/XAT. Candidates fulfilling the prescribed criteria are exempted from IBSAT exam. Further, the shortlisted candidates are called for personal interview and group discussion round. The final selection is done based on performance in the selection rounds. Read more on admission process, here.

IBS Mumbai accepts applications via online and offline modes. For offline applications, aspirants need to visit the campus in person. Moreover, PGPM course admission is through IBSAT. Thus, aspirants must complete IBSAT registration. Aspirants seeking admission through any other entrance test can visit the official website to apply. The steps to be followed for online application form submission are as follows:

Step 1: Visit the IBSAT official website.

Step 2: Fill out personal, educational, and other details in the application form.

Step 3: Proceed and pay the application fee of INR 1,800 to submit the application successfully.

After the fee payment, candidates are informed through mail/SMS with the application number and password.

The key highlights of IBS Mumbai placements 2024 are presented below:

Particulars	PGPM Placement Statistics (2024)
Highest domestic package	INR 20 LPA
Highest international package	INR 18 LPA
Average package	INR 8.03 LPA
Top 10% average package	INR 13.56 LPA
Top 25% average package	INR 11.45 LPA
Placement rate	98%

IBSAT is a national level exam conducted by ICFAI Foundation for Higher Education (deemed to be University) for admission to MBA/ PGPM courses. IBSAT 2024 registration will commence in first week of July 2024 and candidates will be able to register themselves on the official website at general.ibsindia.org. IBSAT scores are accepted by nine ICFAI Business Schools (IBS), namely IBS Hyderabad, IBS Mumbai, IBS Bengaluru, IBS Pune, IBS Gurgaon, IBS Kolkata, IBS Ahmedabad, IBS Jaipur, and IBS Dehradun. Tabulated below is the tentative IBSAT 2023 schedule:

Events	Dates
IBSAT 2024 GD-PI	10 Feb - 18 Feb '24.
IBSAT 2024 Selection Process Result	March 2025

 

Find below a trend for IBS Mumbai CAT cutoff for PGPM:

PGPM - IBS Mumbai: CAT percentile Cutoff (General-All India)
Section	2019	2020	2021
Overall	70	70	70
Quants	40	40	40
VA-RC	40	40	40
DI-LR	40	40	40

NOTE: It is as per an unofficial source.

To be eligible for admission to IBS Mumbai PGPM, it is crucial that the aspirants meet the minimum eligibility criteria. Thus, an applicant must be a graduate in any discipline with a minimum aggregate of 50% with medium of study as English. The aspirants should have completed a minimum 15 years of education. Moreover, the candidates in the last year of the degree programme are also eligible to apply. 

IBS Mumbai cutoff percentile for MBA admission through CAT is 70 percentile. Candidates seeking IBS Mumbai admission must have a valid score in order to be eligible for Group Discussions and Personal Interviews. Tabulated below are the year-wise cutoff percentile for IBS Mumbai for CAT: 

Post Graduate Program in Management (PGPM) - IBS Mumbai : CAT percentile Cutoff (General-All India)
Section	2020	2021	2022
Overall	70	70	70
Quants	40	40	40
VA-RC	40	40	40
DI-LR	40	40	40

The 2-year full-time PGPM program is an industry accepted management program. It does not have AICTE recognition but that does not matter as companies visit every year for recruitment. So as far as you are getting placed through campus it will not be a problem and on the other side the institute also provides an option to opt for the MBA degree program which is offered by ICFAI University Dehradun on self-study mode basis which will parallelly get completed with the PGPM program and that degree is UGC approved. So you can apply for Ph.D or any public sector job with this MBA degree also. P.S: AICTE approval is given to autonomous institute only which provide PGDM whereas UGC approval is given to universities providing MBA degree. Do not mix up both. Hope this is clear.

The overall average package offered during IBS Mumbai PGPM placements 2024 stood at INR 8.03 LPA. Further, a fluctuating trend was witnessed in the average package offered over the past three years. The average salary trends witnessed during IBS Mumbai placements over the past three years are presented below:

Particulars	Placement Statistics (2022)	Placement Statistics (2023)	Placement Statistics (2024)
Average package	INR 7.14 LPA	INR 8.17 LPA	INR 8.03 LPA
Top 10% average package	INR 12.18 LPA	INR 13.3 LPA	INR 13.56 LPA
Top 25% average package	INR 9.69 LPA	INR 11.01 LPA	INR 11.45 LPA

The admission process starts with the IBSAT registrations and ends with the final seat allotment. Complete details about each of the admission stages are mentioned below:

Step 1: IBS Mumbai Application Process/IBSAT Registrations

The application form can be submitted via either online or offline mode. Candidates seeking admission through IBSAT score must complete the registration process. For offline application, candidates shall visit the campus in person and online forms are made available on the B-school official website. Aspirants with required score in CAT/GMAT/NMAT/XAT can also apply. All the details must be filled out carefully in the application as mentioned in the official documents. For application form submission, an application fee of INR 1,800 must be paid via credit card/debit card/net banking.

Step 2: Group Discussion & Personal Interview

Candidates shortlisted based on exam scores are called for group discussion and personal interview rounds for seat allotment.

Step 3: Admission Confirmation

Admission letters are issued to the selected candidates. These candidates can confirm their seats by paying the required amount of fee.

Regenesys, IBS and UBS are all good colleges with good placement records. However, they each have their own strengths and weaknesses.

Regenesys is known for its strong international exposure and its focus on experiential learning. The college has a number of partnerships with international universities, and students are encouraged to participate in study abroad programs. Regenesys also has a strong internship program, which helps students to gain practical experience in their chosen field.

IBS is known for its strong academic reputation and its focus on research. The college has a number of well-respected faculty members, and students have the opportunity to participate in cutting-edge research projects. IBS also has a strong placement record, with graduates going on to work for top companies in the industry.

UBS is known for its strong industry connections and its focus on practical skills. The college has a number of alumni who work in the industry, and students have the opportunity to network with them. UBS also has a strong internship program, which helps students to gain practical experience in their chosen field.

In terms of faculty, all three colleges have good faculty members. However, IBS and Regenesys have a slightly stronger faculty than UBS.

No, IBS Mumbai does not offer direct admission. The admission process is strictly entrance-based. Aspirants are required to take the IBSAT exam to become eligible for admission to the PGPM course. In addition, candidates with the required minimum score in CAT/XAT/NMAT or GMAT are also eligible to apply and are exempted from IBSAT exam. After this, the shortlisted candidates have to participate in the Micro Presentation and Personal Interview round for final selections. Check complete details about IBS Mumbai admission process.

Financial Services sector emerged as the top recruiting sector that placed 26% of the total students during IBS MBA placements 2023. The sector-wise IBS Mumbai PGPM placement distribution 2023 is presented below:

Note: The “Others” category includes the sectors of Insurance, Manufacturing / Construction, FMCG / Retail, Infra / Telecom / Real Estate, Media & Research, Education and Other Services.

The detailed sector-wise IBS Mumbai PGPM placement distribution 2023 is presented below:

Sectors	PGPM Placement Distribution (2023)
Financial Services	26%
Banking	24%
IT / ITES	15%
Consulting	14%
Insurance	5%
Manufacturing / Construction	4%
FMCG / Retail	3%
Infra / Telecom / Real Estate	3%
Media & Research	2%
Education	1%
Other Services	3%

Note: The sector-wise placement distribution data presented above is the overall data of all the IBS campuses.

ICFAI Business School conducts ICFAI Business School Aptitude Test (IBSAT) for admission to its Management courses. However, it is not compulsory for selection. Aspirants with a required score in other accepted exams: CAT/GMAT/NMAT by GMAC/XAT are also eligible to apply. Moreover, aspirants shall check out the eligibility requirements before applying for the course. Candidates are shortlisted based on accepted exam scores for further selection rounds. Read more on IBS Mumbai admissions here.

IBSAT 2023 scorecard will be released tentatively in last week of December 2023. Only candidates who will appear for the IBSAT exam scheduled to be held in last week of December 2023 will be able to download scorecard by referring the steps mentioned below:

Step 1- Visit the official website of ICFAI Business School

Step 2- Click on the tab ‘IBSAT 2023 results’ in the notification bar

Step 3- New window will open for IBSAT 2023 results

Step 4- Enter your login credentials:

• Application Number
• Password

Step 5- Click on the 'Login' button to get your result

Step 6- Download and take a printout of IBSAT scorecard

ICFAI Business School, Mumbai (IBS Mumbai) is a well-respected business school with a good placement record. The school offers a variety of courses, including MBA, PGDM, and Executive MBA. IBS Mumbai is also a member of the Association of Management Development Institutions in India (APMI).

In terms of placements, IBS Mumbai has a good track record. The school's placement cell helps students with their resume writing, interview skills, and portfolio development. The placement cell also conducts campus interviews with top companies in the government and private sectors.

In terms of industrial exposure, IBS Mumbai offers a number of opportunities for students to gain hands-on experience. The school has a number of corporate tie-ups, and students can participate in internships and projects with these companies. IBS Mumbai also has a number of clubs and societies, which give students the opportunity to network with professionals and learn about different industries.

The highest domestic and international package offered over the past three years during IBS Mumbai placements is presented below:

Particulars	Placement Statistics (2022)	Placement Statistics (2023)	Placement Statistics (2024)
Highest domestic package	INR 15 LPA	INR 18.8 LPA	INR 20 LPA
Highest international package	INR 53.45 LPA	INR 11.13 LPA	INR 18 LPA

Students can refer the table below for details on campus-wise salary data and placement rate in order to figure out the best IBS campus in terms of placements:  

IBS Campus Name	Highest Package (2024)	Average Package (2024)	Placement Rate (2024)
IBS Mumbai	INR 20 LPA (Domestic) INR 18 LPA (International)	INR 8.03 LPA	98%
IBS Hyderabad	INR 21 LPA (Domestic)	INR 9.71 LPA	94%
IBS Kolkata	INR 10 LPA (Domestic)	INR 6.7 LPA	99%
IBS Pune	INR 12 LPA (Domestic)	INR 7.59 LPA	99%
IBS Jaipur	INR 10.5 LPA (Domestic) INR 20.5 LPA (International)	INR 7.27 LPA	99%
IBS Gurgaon	INR 26.19 LPA (Domestic)	INR 7.48 LPA	95%
IBS Dehradun	INR 13 LPA (Domestic) INR 36.76 LPA (International)	INR 6.53 LPA	94%
IBS Ahmedabad	INR 12 LPA (Domestic)	INR 7.79 LPA	98%
IBS Bangalore	INR 11.49 LPA (Domestic) INR 13.5 LPA (International)	INR 7.41 LPA	93%