IBS Mumbai PGPM : Fees 2025, Course Duration, Dates, Eligibility

Powai, MumbaiEstd 1995
#132 For MBA By Collegedunia 2025  
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Collegedunia Team

Content Curator | Updated on - Aug 2, 2025

IBS Mumbai Latest Updates and News

01 Aug, 2025 NMAT 2025 Registration has started for MBA Admission 2025. Aspirants can register @mba.com/exams/nmat till Oct 10, 2025. Further, the NMAT Exam 2025 is scheduled from Nov 5 to Dec 19, 2025. To know more, click here

28 Jul, 2025 XAT 2026 registration has started for MBA/PGDM admission. The last date to apply @xatonline.in is December 5, 2025. XAT 2026 will be held on January 4, 2026. For more details, Check Here.

04 May, 2025 IBS Mumbai PGPM Fee structure 2025-27 has been released. The total academic fee is ₹ 9.09 Lakhs.

Course Description

IBS Mumbai PGPM is offered as 2 Years Full Time program. The minimum eligibility criteria for PGPM is Graduation with 50%. The total fees for IBS Mumbai PGPM in 2025 is ₹ 9.09 Lakhs for the complete course duration.

Admissions are offered based on NMAT. Check IBS Mumbai Admission 2025

IBS Mumbai NMAT Cutoff 2023 percentile is 55 for the General category. Earlier, the NMAT cutoff percentile 2022 was 55 for the General category.

According to Collegedunia.com Rankings 2025 for Management, IBS Mumbai ranks 132 out of 371 in India. In Mumbai, the institute is ranked 14th by Collegedunia.com.

IBS Mumbai PGPM Fees 2025

Fees (2025 - 2026) Total Fees
Total Fees (2025 - 2026) ₹9.09 Lakhs

* Fees is refundable

IBS Mumbai PGPM Admission 2025

The minimum eligibility for admission to PGPM at IBS Mumbai is Graduation with 50%. Candidates are allotted seats based on NMAT.

You can check IBS Mumbai PGPM admission dates 2025 in the section below.

NMAT Dates 2025

Events Dates
NMAT 2025 Registration Date Aug 01, 2025 - Oct 10, 2025
NMAT 2025 Scheduling Aug 01, 2025 - Oct 14, 2025
NMAT 2025 Exam Date Nov 05, 2025 - Dec 19, 2025

IBS Mumbai PGPM Cutoff 2025

IBS Mumbai PGPM Cutoff 2025 has not been released yet. You can check the previous year NMAT cutoff percentile for PGPM admissions in the section below.

Categories (2023) Round 1
General 55

IBS Mumbai PGPM Cutoff 2022

Categories Round 1
General 55

IBS Mumbai Ranking 2025

IBS Mumbai ranking 2025 has been released. You can check the agency-wise engineering ranking for IBS Mumbai in the table below.

Ranking Agency Latest Previous
Collegedunia.com
#132 out of 371 (2025)
#14th Mumbai
#33 Maharashtra
Collegedunia.com
#55 out of 110 (2024)
#74 out of 120 (2023)
Collegedunia.com
#54 out of 159 (2020)
#69 out of 150 (2019)
#8th Mumbai
#21 Maharashtra

Also Check:

Eligibility Criteria

Aspirants seeking admission to the program should meet the following criteria as

Academic Requirement:

  • Graduation (any discipline) with 50% and above marks with medium of instruction as English.

  • All applicants should have completed a minimum of 15 years of education (on 10+2+3 or 10+2+4 basis).

  • Candidates not meeting the eligibility criteria of English medium in graduation have to submit the TOEFL/ NELT/ IELTS score by May 31, 2025.

  • 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, 2025. The admission will remain provisional until they produce marks sheets and degree certificates establishing their eligibility. The last date for submission of proof of graduation is November 01, 2025.

Selection Process

Candidates who have qualified based on IBSAT 2024/CAT/NMAT by GMAC™/XAT/GMAT™ score called for the selection process during February/March 2025.

The selection process comprises Micro Presentation and Personal Interview.

Admission decision

The final selection is based on past academic record and performance of the candidates in Micro Presentation and Personal Interview.

Course Details

Latest Update: IBS Mumbai MBA admissions are based on IBSAT. The IBSAT 2024 registrations have started for 2025 admission and the last date to register is expected to be in the third week of December 2024.

IBS Mumbai offers admission to the MBA program based on the valid score obtained in the IBSAT/ CAT/ NMAT by GMAC/ SNAP/ XAT/ MAT/ CMAT/ CET (Maharashtra) and any other State Level Tests. Based on the valid entrance test score candidates will be shortlisted & called for GD & PI session conducted by IBS Mumbai. 

For admission to MBA 2025, IBS Mumbai has set a minimum of 50% weightage to the past academic record for the shortlisted candidates. 25% of weightage has been granted each to GD & PI sessions. The final selection process includes past academic records and performance in Group discussions and Personal Interview rounds. 

During IBS Mumbai Placements 2023, 98% students got placed. The highest international & national salary package stood at INR 11.13 LPA & 18.80 LPA respectively. Some of the prominent recruiters of IBS Mumbai are BYJU’s, KPMG, EY, pwc, ICICI Securities. 

Check: Which is better, IBS Hyderabad or IBS Mumbai?

IBS Mumbai Key Facts

  • IBS Mumbai is a constituent of IFHE (ICFAI Foundation for Higher Education), a Deemed-to-be- University under Section 3 of the UGC Act, 1956. 
  • IBS Mumbai accepts valid scores achieved in CAT/ NMAT by GMAC/ SNAP/ XAT/ MAT/ CMAT/ CET (Maharashtra). If a student does not appear in any of the mentioned entrances may appear in IBSAT. 
  • The final selection process comprises qualified entrance test scores, academic qualification, GD & PI rounds.
  • IBS Mumbai charges a total amount of INR 9.09 Lakhs for the MBA program.
  • During IBS Mumbai Placements 2023, the highest international & national salary package stood at INR 11.13 LPA & 18.80 LPA. 

Check: What is review of ICFAI Business School, Mumbai?

IBS Mumbai Important Dates 2025

IBSAT Events Dates
IBSAT 2024 Application July 01, 2024 – 3rd Week of December 2024
IBSAT 2024 Test Dates December 28 – 29, 2024
IBSAT 2024 Results 1st Week of January 2025
Selection Briefings 2nd Week of January 2025
Selection Process for MBA/ PGPM Program January/ March 2025
PGPM Events Phase 1 Dates (Tentative) Phase 2 Dates (Tentative)
Application Process Starts February 22, 2025 April 08, 2025
Application Process Ends April 02, 2025 April 26, 2025
Selection Process 

April 6 – 7, 2025 (At IBS Ahmedabad, IBS Bangalore, IBS Dehradun, IBS Gurgaon, IBS Jaipur, IBS Hyderabad)

April 7 – 8, 2025 ( At IBS Kolkata) 

April 28, 2025
Selection Process Results April 13, 2025 April 30, 2025

IBS Mumbai MBA Fees

  • The total fee of IBS Mumbai MBA program is INR 9.09 Lakhs. 
  • In addition, students have to pay Rs 10,000 as a refundable caution deposit along with the 1st installment of the fee across all the campuses. 

Check: IBS Mumbai Courses & Fees

IBS Mumbai Eligibility Criteria

Aspirants seeking admission to the Program should meet the following criteria as

Academic Requirement:

  • Graduation (any discipline) with 50% and above marks (as calculated by respective University) with the medium of instruction as English.
  • All applicants should have completed a minimum of 15 years of education (on a 10+2+3 or 10+2+4 basis).
  • Candidates not meeting the eligibility criteria of English medium in graduation have to submit the TOEFL/ NELT/ IELTS score by May 31, 2025.
  • 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, 2025. The admission will remain provisional until they produce marks sheets and degree certificates establishing their eligibility. The last date for submission of proof of graduation is November 01, 2025.
  • Eligibility criteria will be checked from August 2024 onwards. Hence, the onus of ensuring that they satisfy the eligibility criteria rests solely with the candidates.

Check: Is IBS Mumbai good for PG in Finance or BIMTECH Greater Noida?

IBS Mumbai Selection Criteria

  • Candidates who have qualified based on IBSAT 2024/ GMAT® /NMAT by GMACTM/CAT score are called for the selection process at IBS Hyderabad during February 10 - 18, 2025.
  • The selection process comprises Group Discussion and Personal Interviews.

The different parameters of the final shortlisting process of IBS Mumbai with their weightages are noted down below: 

Components Weightage 
10th  10
12th  15
Graduation  25
Group discussion 25
Personal Interview  25
Total Score  100

Read More: How to Prepare for MBA GD/PI?

IBS Mumbai IBSAT Cutoff 

Mentioned below are the required IBSAT percentile for the MBA program:

Entrance Test  Category  Expected Cutoff 
IBSAT  General  70-75

IBS Mumbai CAT Cutoff marks

Entrance Exam  Category  Verbal & Reading Comprehension Data Interpretation and Logical Reasoning Quantitative Aptitude Total
CAT  General  40% 40% 40% 70%

Check: IBS Mumbai Cutoff 

How to apply for IBS Mumbai MBA Program?

Registration for the PGDM program of IBS Mumbai can be done online by visiting the https://admissions.ibsindia.org/IBSAT2019/registration/. To fill out the application form correctly, follow the given steps:

  • Visit the official website of IBS and register.
  • Login, register and fill in all the required credentials.
  • Pay the application of INR 1800 by Credit/ Debit card or through Net-Banking,
  • After the transaction, you will receive an e-mail regarding the application number and password.
  • IBSAT bulletin will be dispatched by IBS within seven days from the date of filing the application form.

IBS, Mumbai can be contacted at

Hiranandani Knowledge Park

Off Technology Street, Hiranandani Gardens

Powai, Mumbai-400076

Check: IBS Mumbai Admission

IBS Mumbai Placements 2023

IBS Mumbai recently concluded its 2023 placement drive. A total of 98% students were hired by reputed recruiters. BYJU’s, Deloitte, KPMG, EY, pwc etc are the prominent recruiters of IBS Mumbai. The placement highlights are mentioned below:

  • Number of students placed : 98%
  • Highest international salary : INR 11.13 LPA
  • Highest national salary : INR 18.80 LPA
  • Top 10% average salary : INR 13.3 LPA
  • Top 25% average salary : INR 11.01 LPA

Some of the prominent recruiters for summer internships of IBS Mumbai are:

Anand Rathi Securities Axis Bank Ernst & Young
Citi Bank Bank of India Genpact India
D E Shaw HDFC Bank KPMG
J P Morgan ICICI Bank Emami
SBI Capital ITC Hindustan Unilever

Check: Which college is better: IBS Mumbai or Welingkar Mumbai?

FAQs

Ques. How are the faculty of IBS Mumbai MBA?

Ans. The faculty pool of IBS Mumbai is highly educated & distinguished with high academic credentials. All the MBA faculty has corporate experience closely involved in the personal and professional development of each student.

Ques. Does IBS Mumbai have the proper infrastructure to provide an MBA program?

Ans. Yes, IBS Mumbai has all the basic amenities such as a library with an extensive collection of around 28,000 books, 13 International and 92 National journals and magazines, and more than 2,000 CDs. There are 15 classrooms on two floors, 225 seater auditorium, faculty cabins, separate common rooms for boys and girls, a gym & several other facilities.

Ques. What is the placement scenario of IBS Mumbai MBA program?

Ans. The placement scenario of IBS Mumbai MBA program is pretty good. During the 2022 placement drive, the highest international CTC rose to INR 53.45 LPA and the highest domestic CTC stood at INR 12 LPA whereas the top 25% and 10% students received the average salary package of INR 9.63 LPA and INR 12.07 LPA respectively.

Ques. Does work experience important for the selection in IBS Mumbai MBA program?

Ans. No, work experience is not required for IBS Mumbai MBA program as 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 work experience.

Ques. Does IBA Mumbai have any collaboration or partnership?

Ans. Yes, IBS Mumbai has academic collaboration such as IBS-Venture academy in collaboration with the University of Essex, UK.

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Post Graduate Programme in Management [PGPM] 
total fees:  ₹9,09,000
3.52 Years Full Time
(Based on 799 views last year)
31 Students have shown interest in the last 30 days
Total Fees (2025 - 2026)₹9.09 Lakhs

IBS Mumbai: Students' Opinion

AI-Generated Summary based on 253 Reviews

ICFAI Business School (IBS) offers a competitive and comprehensive admission process starting with the IBSAT entrance exam, followed by GD and PI rounds. Results are released by April, with the academic session commencing in June. Besides IBSAT, scores from NMAT, CAT, CMAT, GMAT, and MAT are accepted. With a 97% placement rate, IBS, especially its Mumbai and Hyderabad campuses, is highly reputed. Admission requires top percentile scores, emphasizing both past academics and GD/PI performance.

IBS boasts a 25:1 student-faculty ratio, employing around 300 faculty members, 80% of whom are from prestigious institutions or have significant industry experience. The curriculum focuses on practical knowledge through case studies and personalized mentoring, though improvements in teaching methods are suggested. The program fee for IBS Mumbai's PGPM is around 8 to 9.09 lakh INR for two years, with a 10,000-rupee refundable deposit. Fees are payable in installments, with an initial deposit of 80,000 rupees required.

Financial assistance includes scholarships up to 1 lakh INR for top performers and part-time job opportunities on campus. IBS Mumbai's placement record is strong, with 95-98% of students placed annually. Over 200 companies, including JP Morgan and Deloitte, visit for recruitment, offering an average salary package of 6-7 lakh INR, with top domestic packages reaching 18.80 lakh INR and international ones up to 50 lakh INR. Pre-placement training and summer internships are integral, with stipends up to 25,000 INR.

The non-residential program necessitates students arrange their accommodation, and the fee structure is seen as feasible with its transparent installment system and financial support options.

...Read More
 By Collegedunia’s Personal AI

IBS Mumbai Upcoming Important Dates 2025

Important Events

EventsDates
CAT Registration
Ongoing
Aug 01, 2025 - Sep 13, 2025
NMAT 2025 Registration Date
Ongoing
Aug 01, 2025 - Oct 10, 2025
NMAT 2025 Scheduling
Ongoing
Aug 01, 2025 - Oct 14, 2025
CAT Admit CardNov 05, 2025
CAT Exam Date
Tentative
Nov 30, 2025
XAT Registration Timeline
Ongoing
Jul 10, 2025 - Dec 05, 2025
NMAT 2025 Exam DateNov 05, 2025 - Dec 19, 2025
XAT Admit card AvailabilityDec 20, 2025
IBSAT Admit Card
Tentative
Dec 20, 2025
IBSAT Application Timline
Ongoing
Jul 01, 2025 - Dec 23, 2025

Expired Events

EventsDates
Date of Selection Process for Admission 2025-27 [PGDM / MBA]Apr 27, 2025
Date of Selection Process for Admission 2025-27 [PGDM / MBA]Apr 05, 2025 - Apr 06, 2025
IBSAT 2024 Selection Process [MBA/PGDM]Feb 15, 2025 - Feb 24, 2025

Important Events

EventsDates
XAT Registration Timeline
Ongoing
Jul 10, 2025 - Dec 05, 2025
XAT Admit card AvailabilityDec 20, 2025
XAT Exam DateJan 04, 2026
XAT Result
Tentative
Jan 15, 2026

Important Events

EventsDates
IBSAT Admit Card
Tentative
Dec 20, 2025
IBSAT Application Timline
Ongoing
Jul 01, 2025 - Dec 23, 2025
Exam
Tentative
Dec 27, 2025 - Dec 28, 2025
IBSAT results
Tentative
Dec 31, 2025

Important Events

EventsDates
CAT Registration
Ongoing
Aug 01, 2025 - Sep 13, 2025
CAT Admit CardNov 05, 2025
CAT Exam Date
Tentative
Nov 30, 2025

Important Events

EventsDates
NMAT 2025 Registration Date
Ongoing
Aug 01, 2025 - Oct 10, 2025
NMAT 2025 Scheduling
Ongoing
Aug 01, 2025 - Oct 14, 2025
NMAT 2025 Exam DateNov 05, 2025 - Dec 19, 2025

Do you think the Dates are wrong ?  Report Here

IBS Mumbai Post Graduate Programme in Management [PGPM] Ranking

IBS Mumbai Management ranking by Collegedunia.com is 132 out of 371 in India in 2025. IBS Mumbai Management ranking by IIRF is 55 out of 110 in India in 2024 and it was ranked 74 out of 120 in India in 2023. IBS Mumbai Management ranking by The Week is 54 out of 159 in India in 2020 and it was ranked 69 out of 150 in India in 2019

Collegedunia Ranking

#132 out of 371 in India 2025 
#14th in Mumbai
#33 in Maharashtra

Do you think the Rankings are wrong ?  Report Here

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Why To Join IBS Mumbai - Reviews & Rating

3.5
& Win Monthly Prizes Up to ₹1 Lakh/-*
5(30%)
4(46%)
3(5%)
2(15%)
1(3%)

Academic
4.0
Faculty
4.1
Infrastructure
3.8
Accommodation
3.4
Social Life
4.0
Placement
3.9

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darshika
4.4Helpful
Reviewed on Feb 17, 2025(Enrolled 2024)

Fees and Financial Aid:

In IBS you have to pay fees in 5 installment each installment will cost you Rs. 165800 and this you've to complete in 2 yrs and fees for every one is equal here there is no partiality for the fees you'll get scholarship if you score well in IBSAT exam and the exam is also easy
...Read More
Ishika Chamedia
4.0Helpful
Reviewed on Nov 12, 2024(Enrolled 2024)

Fees and Financial Aid:

Total fees for the two year course is ?9,09,000 every year changes keep increasing, but not by the higher percentage, it will remain near to 9 to 10,00,000 the and the course over affordability is very good
...Read More
Chanpreet Kaur
4.2Helpful
Reviewed on Oct 7, 2024(Enrolled 2023)

Fees and Financial Aid:

I have paid 8.10 lacs for 2 year of PGPM course in the year of 2021-2023 for IBS- Mumbai, so yearly it has become around 4.2 including tution fees, caution fees, registration fees, admission fees, development fees, lab fees, and the other compulsory charges during the course completion as per the category.
...Read More
Ahammed Raqueeb NM
Ahammed Raqueeb NM
3.9Helpful
Reviewed on Jun 21, 2024(Enrolled 2024)

Fees and Financial Aid:

They are not gonna increase the fee from the said amount. But they are definitely providing aids for the wanted students and giving some scholarship to the students which are good in the academics. They also provides aids for students to get campus employment by giving us some mentorship programmes and directing us to the right path which is beneficial for the students.
...Read More
Minhaj Np
Minhaj Np
4.1Helpful
Reviewed on Jun 20, 2024(Enrolled 2024)

Fees and Financial Aid:

IBS mumbai has the fee structure of 9,09,000 rupees. Initially we have to pay the registration fee of 80,000. After that at the time of starting the class we have to pay an amount of 1,65,000 + caution deposit of rupees 10,000. After that in every 4 months it contains the other instalment of rupees 1,65,000 of 4 times. Total 9,09,000 including books,tuition fee, exam fee etc. Campus placements are pretty good too in ibs mumbai
...Read More
Sameer Shaikh
Sameer Shaikh
3.6Helpful
Reviewed on Mar 17, 2024(Enrolled 2023)

Fees and Financial Aid:

Tuition fee is higher as compared to MBA degrees and fee can be increase 1-2% of fees every year The complete cost of the education would me nearly 12-13 lakhs if you are from other states because this college doesn't provide you with Hostel facilities , 909000 tuition fees + other fees like hostels etc . College provide the scholarship by own you score high in their IBSAT entrance exam Scholarship amount would be 1-2 lakhs College provide you with intership and final placement , All top big 4 company come to college for intership and final placement , For all the field like Finance ,HR ,Operations and marketing all company comes to college for placement
...Read More
HIMANSHU AGARWAL
HIMANSHU AGARWAL
3.8Helpful
Reviewed on Mar 2, 2024(Enrolled 2021)

Fees and Financial Aid:

The tuition fees was 800000 for the 2023 batch but they have increased the fees in the next academic year. No scholarship was provided by the institute but they help you if you want to avail education loan. Internship opportunities for marketing and HR student was not that good!
...Read More
TRAVADI MURTAZA KEZARBHAI
TRAVADI MURTAZA KEZARBHAI
4.0Helpful
Reviewed on Dec 22, 2023(Enrolled 2023)

Fees and Financial Aid:

Full course fees for ibs mumbai campus is 9 lakh 9 thousand and it is totally worth it as they provide us intenship opportunities and also placements guarantee in PGPM course and schoolarship for top 200 students who ahs given ibsat exam
...Read More
Yogita
3.8Helpful
Reviewed on Oct 31, 2023(Enrolled 2023)

Fees and Financial Aid:

The total fee for the program is 909000 there would be 5 installments to be Paid for each semester as well as before as SIP. Financial assistance would be college would be providing education loans if the student wants to take a loan. I'm a fresher yet but the campus placement is 99% and the stipend for internship depends from company to company.
...Read More
Anuj Gaur
3.8
Reviewed on Feb 5, 2023(Enrolled 2020)

Fees and Financial Aid:

The fee structure for the year 2020-2022 was 800,000 INR for the whole programme. They give an option of paying in 5 equal instalments which are followed by every quarter. They also provide scholarships to meritorious students.
...Read More

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