5 Videos,

10 Photos

IBS Mumbai Placements 2024: Highest Package, Average Package, Top Recruiters

Powai, Mumbai

3.8 /5

(206 Reviews)

362 Student Q&A

Private Institute
Estd. 1995

Last updated on 15 Jul '24

IBS Mumbai Placement

Table of content

IBS Mumbai Placement overview
IBS Mumbai Average packages & top recruiters 2025
IBS Mumbai Course placements 2024
IBS Mumbai Student Reviews
IBS Mumbai Placement FAQs

Stories

IBS Mumbai Placement overview

What’s new at IBS Mumbai placements 2024? The highest (domestic) and average package offered during IBS Mumbai placements 2024 stood at INR 20 LPA and INR 8.03 LPA, respectively. Further, the placement rate recorded during IBS Mumbai placements 2024 stood at 98%.

IBS Mumbai Placements 2024

A rise of over 6% was witnessed in the highest package offered in 2024 as compared with 2023
Fall of nearly 2% was witnessed in the average package offered in 2024 as compared with 2023

Earlier, the highest domestic and international package offered during IBS Business School Mumbai PGPM placements 2023 stood at INR 18.80 LPA and INR 11.13 LPA, respectively. Further, the IBS Mumbai average package offered for PGPM course in 2023 stood at INR 8.17 LPA. The placement rate recorded during IBS Mumbai PGPM placements 2023 was 98%. Other than this, the top recruiters that visited the campus during IBS Mumbai PGPM placements 2023 included leading companies such as Google, ICICI Bank, EY India, Oracle, HCL, etc.

DFP-Banner

IBS Mumbai Placement Report 2024: Highlights

The key highlights of IBS Mumbai placements 2024 as compared with 2023 are presented below:

Particulars	Placement Statistics (2023)	Placement Statistics (2024)
Highest domestic package	INR 18.8 LPA	INR 20 LPA
Highest international package	INR 11.13 LPA	INR 18 LPA
Average package	INR 8.17 LPA	INR 8.03 LPA
Top 10% average package	INR 13.3 LPA	INR 13.56 LPA
Top 25% average package	INR 11.01 LPA	INR 11.45 LPA
Placement rate	98%	98%

Note: Placements 2023 data is taken from older report, which is no longer available in the official website.

IBS Mumbai Average Package 2024

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, wich is presented below:

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

IBS Mumbai Top Recruiters 2024

The list of top recruiters during IBS Mumbai placements in recent past is presented below:

IBS Mumbai Top Recruiters
Deloitte	Google
EY	Oracle
KPMG	HCL
Tata Capital	Wipro
ICICI Bank	PwC

DFP-Banner

Quick Links

ICFAI Business School (IBS), Mumbai Admission

ICFAI Business School (IBS), Mumbai Infrastructure

Read less

3.9

(170 students)

Student rating - Placements

Does the data look accurate to you? Thumbs Up Icon

IBS Mumbai
Average packages & top recruiters 2025

Top Recruiters

ICICI

ICICI Securities

Deloitte

pwc

Lodha

DeloitteConsulting

JP Morgan Chase

Edelweiss Securities

Kotak Bank

HDFC Bank

Blackrock

Tata Capital

PNB Housing Finance

ICICI Prudential

Does the data look accurate to you? Thumbs Up Icon

IBS Mumbai
Course placements 2024

Course	Average salary	Median Salary	Highest Salary
Post Graduate Program in Management (PGPM)	INR 8.30 Lakh	INR 7.60 Lakh	INR 20.00 Lakh

Does the data look accurate to you? Thumbs Up Icon

Recommended Colleges

Explore placements in popular similar colleges

Students who showed interest in IBS Mumbai - MBA also showed interest in

N.L. Dalmia Institute of Management Studies and Research institute image

Mumbai

#23 Times

Courses Offered3 courses4.2

Total Fees Range₹16.2 L

Positive review ratings provided by students

National Institute of Bank Management institute image

Pune

#91 NIRF

Courses Offered1 course4.5

Total Fees Range₹13.72 L

Ranked in the top 100 by NIRF

SIMSREE - Sydenham Institute of Management Studies Research and Entrepreneurship Education institute image

Mumbai

#34 Business Today

Courses Offered1 course4.2

Total Fees Range₹51 K

Ranked in the top 50 by Business Today

National Insurance Academy- NIA institute image

Pune

101-125 NIRF

Courses Offered1 course4.4

Total Fees Range₹11 L

Ranked in the top 101-125 by NIRF

Want better recommendations?

There is a 90% more chance of getting best college recommendations by sharing preferences.

+ Add preferences

Universal AI University institute image

Mumbai

#25 Times

Courses Offered11 courses4.1

Total Fees Range₹1.75 L - 16.28 L

Placements similar to IBS Mumbai

Xavier Institute of Management and Research institute image

Mumbai

Courses Offered1 course4.4

Total Fees Range₹4.99 L

Also preferred by students

ITM Business School, Navi Mumbai institute image

Navi Mumbai

#43 Times

Courses Offered10 courses4.3

Total Fees Range₹12.45 L

Positive review ratings provided by students

SIES College of Management Studies institute image

Mumbai

#24 Times

Courses Offered3 courses3.8

Total Fees Range₹5.2 L - 7 L

Placements similar to IBS Mumbai

FLAME University institute image

Pune

Courses Offered2 courses4.4

Total Fees Range₹11.7 L - 12.8 L

Positive review ratings provided by students

ISB&M - International School of Business and Media, Pune institute image

Pune

#12 Times

Courses Offered6 courses4.4

Total Fees Range₹12.2 L

Positive review ratings provided by students

View allCollections

Is this recommendation relevant?

IBS Mumbai
Students Ratings & Reviews

3.8/5

170 Verified Reviews Info Icon

4-5
57
3-4
90
2-3
21
1-2
2

Placements3.9

Infrastructure3.6

Faculty & Course4.2

Campus Life3.7

Value for Money3.8

What students say about ICFAI Business School, Mumbai

Placements

Infrastructure

Faculty

Other

LikesView All

Companies like JPMC, Deloitte, KPMG, RB, ITC, Nestle, Asian Paints, Amul, HDFC Bank, ICICI Bank and many more BFSI and FMCG companies visit the campus for final placements.

Based on 59 Reviews

DislikesView All

There are many opportunities for marketing aspirants here, But, there are not many good options for finance branch.

Based on 24 Reviews

Shreyansh

Post Graduate Program in Management (PGPM) - Batch of 2026

4.2

5Placements4Infrastructure4Faculty4Crowd & Campus Life4Value for Money

Review about the college ICFAI Business School - Mumbai.

Placements: IBS has a reputation for placing students well. Around 95-97% of students who enroll in the placement program get placed. Approximately 200 companies come for college placements and select a handful of students, with an average CTC of 8,50,000/-. Big firms like JP Morgan, Tata, Reliance, Kantara, and Morgan Stanley also visit for placements.

Infrastructure: The college's location is excellent, situated in the heart of Mumbai, Powai, with a view of the lake. The infrastructure includes an auditorium, online lectures, a library, large classrooms, a gym, and three canteens with delicious food.

Faculty: The faculty is excellent, with most having over 15 years of teaching experience. Even the visiting faculty have similar experience. All the faculty members are friendly and helpful in every situation. Exams are held semester-wise, with mid-semester and end-of-semester exams.

Other: The crowd here is very good, and everyone is well-versed. There are around 27 clubs and 3 committees, where you can enroll in a maximum of 3 clubs and one committee.

Reviewed on 12 Aug 2024Read More

Bhavya Mathreja Verified Icon

Post Graduate Program in Management (PGPM) - Batch of 2021

4.4

5Placements4Infrastructure4Faculty5Crowd & Campus Life4Value for Money

Great institute potential to become a top business college.

Placements: If you have an IBS, you will have a lot of placement opportunities. Colleges have separate teachers who take care of placement activities. For our marketing batch, more banks like ICICI Bank, Industry Bank, HDFC Bank, Aditya Birla Finance, DBS Bank, and EY, like many other companies, hire students from our college. The package is 10 LPA, which is mostly what students got. Summer internship programme that we need to do for 8–12 weeks where big firms like JP Morgan, Deloitte, and Morgan Stanley offer internships with salaries up to INR 50,000.

Infrastructure: We are in Mumbai, so obviously the college campus is small, the college infrastructure is modern, and it is located in key areas like Powai, which have many transportation options. The college gym is very small, but important equipment is a mission. Because of the small campus, there are no big sporting events conducted on campus. The college library is filled with a lot of books that students can use to gain good knowledge. Classrooms are fully air-conditioned, with projectors and comfortable desks. Our college does not provide any hostels, and the college area is very expensive; it is not affordable for a normal student, so we leave the outer area of the city for daily travel, where 1 BHK rent is 15,000, which is the cheapest.

Faculty: IBS Mumbai only offers a PGPM program; faculty members from the college possess great skills. They are mainly focused on our presentation and communication skills. They are your mentors until you get placed. In one semester, there are a midterm and a final term, which makes for two exams per semester. So in total, you have to excel in 8 exams. The course is much more practical-oriented; it deals with skills that are essential in industries.

Other: There is only one thing I wish to improve: expenses. College feels that living costs are very high, and middle-class students cannot afford them.

Reviewed on 27 Jun 2024Read More

Anonymous

Post Graduate Program in Management (PGPM) - Batch of 2025

3.6

4Placements4Infrastructure4Faculty3Crowd & Campus Life3Value for Money

IBS college is very good and I would suggest this college to my juniors.

Placements: More than 70% students are placed in PGPM course. The highest package offered is 12 Lacs and the lowest package is 7 Lacs. Top recruiting companies are Deloitte, Tata Capital, Wipro, HCL, and Google. More than 80% of the students got internships from PGPM course. Top companies are Aditya Birla Capital, HDFC, L&T, and Propencher. Sales executive and Manager are the roles offered.

Infrastructure: The library has a collection of over 34000 books of Management and other subjects. AC classrooms are available which are working and in a very good condition. You can have coffee in the short time break at Nescafé. The canteen has a lot of variety to eat for lunch. Medical facilities are provided by our college. Indoor games are available in our college including Table tennis, carrom board, etc.

Faculty: The teachers are very helpful in guiding their students, they are very knowledgeable. They create power point presentations to make us understand the concepts clearly. The course curriculum is relevant and it makes the students ready for the industry. The semester exams are not that difficult. If the students are prepared, they will be able to score good marks in the semester exams.

Reviewed on 25 May 2024Read More

Anonymous

Post Graduate Program in Management (PGPM) - Batch of 2022

4.6

5Placements4Infrastructure5Faculty5Crowd & Campus Life4Value for Money

Great Choice IBS Mumbai To Do PGPM.

Placements: IBS is known for its placement as the best B-school in India. From the third semester, students are eligible for placements, including the Big Four and companies like Oxane, Digital Marveled, Teach Lip, etc. Many companies hire students, and our alumni work in top companies across the world. If they have any openings, they hire from our college. Our marketing profile offers a salary of 22 Lacs, the highest for our batch. 95% of students get placed, with an average salary of 7 Lacs. Most students secure good jobs after graduation.

Infrastructure: The campus infrastructure is very poor; there is no ground for sports, games, or events. The auditorium is basically a hall with chairs and a dias. Our fest, Konflex, is amazing and includes many dance, singing, and flash mob competitions. Classrooms are spacious and equipped with projectors and smart boards. The college does not have any hostels; instead, they allocate rented rooms, but no one took them. Rooms in Powai are expensive, so we stay in Navi Mumbai, where the rent for a 2BHK accommodating 4 students is 20,000.

Faculty: Teachers at IBS are very helpful; they focus on the overall development of students, working on our personality and communication skills. Teachers at IBS are graduates of IIM and NIT. The course is the same for everyone in the first year, but later, as per specialization, students' subjects differ. Marketing is strong at IBS, with each batch having a capacity of 100 students. There are two exams in each semester, along with additional quizzes between exams. Exams are challenging, and very few students clear all subjects.

Other: The workload is intense, but I believe it's worth it. In my opinion, IBS is a great choice for PGPM.

Reviewed on 14 Jun 2024Read More

Pradnya Kunder Verified Icon

Post Graduate Program in Management (PGPM) - Batch of 2022

4.2

5Placements4Infrastructure3Faculty5Crowd & Campus Life4Value for Money

The College has a record of 90% of placements.

Placements: Placements are great and the highest package is 15.6LPA. The average is around 7-8LPA and the lowest is 6LPA. TCS, Team Please Bank, Reliance, Google, etc. are some companies that visit the campus. The intake of college is 60 and all 60 students get placement.

Infrastructure: They don't have girls hostels facility from college itself but there is one hostel near the college which is good enough to stay until your graduation is over. The rent is around 15000 per month and along with that, you have to deposit 20000 INR for admission which is refundable. Hostel Fee is INR 170000 per year.

Faculty: I had a plan to pursue a career in marketing. Hence, I took this course PGDM-Marketing. Student to faculty ratio is 12:1. All the faculty members (99%) directly come from the industry. Maximum students are Ph.D. holders. They are exceptionally qualified and they teach us to become industry-ready. On this campus, the trimester system is there, i.e. every 3 months. End-term exams happen and in between, surprise tests and presentations are done. It is not so difficult to pass in them. If you give some attention, then you will pass the exams easily. Class size is 63 and course fees is INR 909000 per year.

Reviewed on 7 Nov 2023Read More

Prince maurya Verified Icon

Post Graduate Program in Management (PGPM) - Batch of 2025

3.8

4Placements4Infrastructure4Faculty3Crowd & Campus Life4Value for Money

One of the best institute for Masters.

Placements: So it was the 1st phase of the placements and till now around 60% of the students are getting placed Also the major role is offering is in the sales the top recruiters visiting the campus for the placement is 1) black rock 2) Deloitte 3) EY 4) BNY Mellon and if we talk about Internship all the students get SIP .

Infrastructure: So in IBS Mumbai campus have all the amenities for the students we have reading room along with the free Wi-Fi for all the campus and we have 3 canteens for the students the quality of food was top notch and affordable too also we have game room for mind refreshment.

Faculty: As Ibs Mumbai have solid presence in to teaching field the proffers are highly educated and experienced too the curriculum of the course was designed so well that the students was easily get touched in to that and helpful for their corporate journey .

Reviewed on 6 Nov 2024Read More

View All 206 Reviews

Stories

Placements

IBS Mumbai Sector wise Placements

Mute

Placements

IBS Mumbai Sector wise Placements

Mute

IBS Mumbai Placement FAQs

IBS Mumbai Placements FAQs

Check IBS Mumbai placements FAQs below:

Q: Where are IBS Mumbai alumni placed?

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.

Upvote

Q: How good are the placements at IBS Mumbai?

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%

Upvote

Q: How are the international placements in IBS Mumbai?

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

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

Upvote

Q: Does IBS Mumbai campus have the best placement?

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%

Upvote

Q: Who are the top recruiters during IBS Mumbai placements?

The list of top recruiters during IBS Mumbai PGPM placements 2023 is presented below:

IBS Mumbai Top Recruiters
Deloitte	Google
EY	Oracle
KPMG	HCL
Tata Capital	Wipro
ICICI Bank	PwC

Upvote

Q: What is the highest package offered at IBS Mumbai?

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

Upvote

Q: What is the average package offered during IBS Mumbai PGPM placements?

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

Upvote

Q: Which is the top recruiting sector during IBS Mumbai placements?

Financial Services sector emerged as the top recruiting sector that placed 30% of the total students.

The sector-wise placement distribution recorded during IBS placements 2024 is presented below:

Sectors	Placement Distribution in % (2024)
Financial Services	30%
Banking	15%
IT/ITES	14%
Consulting	10%
Insurance	8%
Infra/Telecom/Real Estate	5%
FMCG / Retail	4%
Manufacturing/Construction	4%
Media & Research	2%
Hospitality/Tourism	2%
Education	1%
E-Commerce	1%
Other Services	4%

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

Upvote

Q: What is the placement rate recorded during IBS Mumbai placements?

The placement rate recorded during IBS Mumbai placements over the past three years is presented below:

Particulars	Placement Statistics (2022)	Placement Statistics (2023)	Placement Statistics (2024)
Placement rate	98%	98%	98%

Upvote

Q: What is the placement record at IBS Mumbai over the past few years?

The key highlights of IBS Mumbai placements over the past three years are presented below:

Particulars	Placement Statistics (2022)	Placement Statistics (2023)	Placement Statistics (2024)
the highest domestic package	INR 15 LPA	INR 18.8 LPA	INR 20 LPA
the highest international package	INR 53.45 LPA	INR 11.13 LPA	INR 18 LPA
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
Placement rate	98%	98%	98%

Upvote

IBS Mumbai

Student Forum

Anything you would want to ask experts?

Write here...

What is the effectiveness of the placement cell for MBA/PGDM programs at IBS Mumbai?

Answered 5 months ago

{Source: MBA/PGDM students & alumni}

Effective Placement Cell

* The placement cell at IBS Mumbai is highly effective, with nearly 95% of students getting placed (Source: Multiple students' reviews)
* Top companies like Deloitte, JP Morgan, Morgan Stanley, HDFC, ICICI, Nestle, Asian Paints, and many mo

...more

Atul Mishra

Beginner-Level 1

Is IBS Mumbai good for placements?

Answered 5 months ago

IBS Mumbai offers commendable placements records. The institute has a dedicated placement cell which focuses on personality development, career counselling, internships, and a strong industry interface. The the highest and average package offered during IBS Mumbai placements 2024 stood at INR 20 LPA

...more

Jagriti Shukla

Contributor-Level 10

Which bank sanction loan amount at IBS Business School Mumbai?

Answered 10 months ago

Most of the students pursuing programmes at IBS have financed their education through educational loans from various public sector and private sector banks and financial institutions which are listed below:

Public Sector Banks
Private Sector Banks
Axis Bank
ICICI Bank
IDFC First Bank
YES Bank

Non-Banking F

...more

Indrani Choudhury

Contributor-Level 10

Which is a better college among Regenesys, IBS and UBS in terms of placement and faculty?

Answered a year ago

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 universiti

...more

Saumya Srivastava

Contributor-Level 10

How is ICFAI, Mumbai in terms of placements and industrial exposures? Is it worth for MBA?

Answered a year ago

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

...more

Saumya Srivastava

Contributor-Level 10

Content authored by: