ICFAI Business School Mumbai Powai Answered Questions

The admission process at IBS Mumbai requires a bachelor's degree with a minimum of 50%. Entrance exams are mandatory for most courses. Students must first appear for national-level entrances and then move on to university-level selection rounds for final admission. IBS Jaipur offers full-time MBA/PGDM courses for two years and qualify in CAT/IBSAT/NMAT/XAT. It is mandatory for students to qualify the national entrance exam before admission. 

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 packageINR 7.14 LPAINR 8.17 LPAINR 8.03 LPATop 10% average packageINR 12.18 LPAINR 13.3 LPAINR 13.56 LPATop 25% average packageINR 9.69 LPAINR 11.01 LPAINR 11.45 LPA

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 packageINR 15 LPAINR 18.8 LPAINR 20 LPAthe highest international packageINR 53.45 LPAINR 11.13 LPAINR 18 LPAAverage packageINR 7.14 LPAINR 8.17 LPAINR 8.03 LPATop 10% average packageINR 12.18 LPAINR 13.3 LPAINR 13.56 LPATop 25% average packageINR 9.69 LPAINR 11.01 LPAINR 11.45 LPAPlacement rate98%98%98%

 For admission, all students will be required to fulfill a minimum eligibility criteria set by the institution for the desired course. The following table showcases a list of IBS Mumbai courses along with their eligibility criteria and total tuition fee:CoursesTuition FeesEligibilityMBA/PGDM (1 course)9.1 LGraduation : 50 %Exams : XATCAT

The average salary package received by students after completing MBA/PGDM from ICFAI Business School, Mumbai is INR 817,000. While, the average salary offered by SIES College of Management Studies after completion of MBA/PGDM is INR 550,000 - INR 679,000. Basis these stats, ICFAI Business School, Mumbai is a better option compared to SIES College of Management Studies on the average salary parameter.

IBS Mumbai has a good reputation for its teaching and its placement cell. Some of the other advantages of joining IBS Mumbai are as follows:• The college has a number of modern facilities, such as interactive classrooms, libraries, and hostels.• It has a strong alumni network.• IBS Mumbai offers good placement facilities to its students. 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.

IBS Mumbai is an authorised institution. It is a well-known business school with a strong placement record, offering a range of degrees such as MBA, PGDM, and Executive MBA. The UGC recognises the college, which has received high ratings from Business India and Business Standard. ICFAI Business School (IBS) Mumbai, founded in 1995, is a premier management college in Mumbai, Maharashtra, noted for its high-quality education, research, and training. It has a strong placement record and is regarded among the best business schools in the Western area.

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 BanksPrivate Sector BanksAxis BankICICI BankIDFC First BankYES BankNon-Banking Financial InstitutionsHDFC Credila Financial Services Ltd.Disclaimer: The scholarship details presented above is the overall stats. Hence, it is not course specific. 

Yes, IBS Mumbai is generally more expensive than Bombay Stock Exchange Institute (BSE Institute). The total fee for the 2-year PGPM programme at IBS Mumbai is around INR 18.50 lakhs. This includes tuition fees, hostel fees, and other miscellaneous charges.  The total fee for the 3-year B.Sc. in Financial Markets programme at BSE Institute is around INR 4.50 lakhs. This includes tuition fees, hostel fees, and other miscellaneous charges.  The total fee for the 2-year MBA in Financial Markets programme at BSE Institute is around INR 6.00 lakhs. This includes tuition fees, hostel fees, and other miscellaneous charges. However, it's important to note that the cost of attending either institute can vary depending on factors such as scholarships, financial aid, and the programme you choose. You should also consider the living expenses in Mumbai, which can be quite high.  IBS Mumbai is a well-respected B-school with a strong alumni network. BSE Institute is a relatively new institute, but it has the backing of the Bombay Stock Exchange, which is one of the oldest stock exchanges in the world.  IBS Mumbai has a good placement record, with over 90% of students getting placed in jobs after graduation. The placement record at BSE Institute is not as strong, but it is improving. IBS Mumbai offers a more general management curriculum, while BSE Institute offers a more specialised curriculum in finance.