IBS Mumbai: Courses, Fees Structure, Admission 2024, Cut off, Placements, Rankings
IBS Mumbai: Courses, Fees Structure, Admission 2024, Cut off, Placements, Rankings
Established in 1995, IBS Mumbai boasts a distinguished faculty comprising both academics and industry experts, supported by state-of-the-art infrastructure. This conducive learning environment empowers students to evolve into polished, industry-ready professionals. Over the past twenty five years, IBS Mumbai has experienced remarkable growth and has emerged as one of India's premier business schools, earning a prestigious national ranking.
- Campus Size 2 Acres
- No. of Faculty 22
Table of Contents
IBS Mumbai Admission 2024
IBS Mumbai offers Postgraduate Diploma in Management. In order to be eligible for admission, candidates must have completed their Bachelor’s in the respective subject and have to appear for IBSAT, followed by the Group Discussion & Interview. Candidates who have appeared for entrance exams like CAT, NMAT by GMAC, GMAT, SNAP, XAT, MAT, CMAT, CET (Maharashtra), CUET-PG and any other State Level Tests are exempted from IBSAT.
The application process for IBSAT 2024 involves the following steps:
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Register and Pay: Begin by registering and paying the application fee of Rs 1800.
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Take the Test: Either take the IBSAT test (online remote-proctored) or submit your scores from CAT, NMAT by GMAC™, XAT, or GMAT™.
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Wait for Results: Await the announcement of test results.
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Selection Process: If shortlisted, attend the selection process at IBS Hyderabad campus, comprising Micro Presentation and Personal Interview rounds.
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Admission Confirmation: Upon successful completion, receive confirmation of admission and campus allocation.
IBSAT 2024
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Remote proctored computer-based test (CBT)
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Multiple-choice questions
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2-hour duration
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Assesses quantitative techniques, data interpretation, data adequacy, vocabulary, analytical reasoning, and reading comprehension skills
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Candidates with valid CAT, NMAT, XAT, or GMAT scores (from 2022 onwards) are exempt from taking IBSAT 2024
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Valid scores from these exams are also accepted in lieu of IBSAT 2024 scores
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The ICFAI Foundation for Higher Education (IFHE) - Deemed-to-be University, Hyderabad and Bangalore
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The ICFAI University, Dehradun and Jaipur
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IBS Ahmedabad, Gurgaon, Kolkata, Mumbai, and Pune for the PGPM (Post Graduate Program in Management).
IBS Mumbai Important Dates
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IBSAT 2024 Application |
July 01, 2024; To: 3rd week of December-2024 |
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IBSAT 2024 Test Dates |
28-29, December-2024 |
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IBSAT 2024 Result |
1st week of January, 2025 |
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Selection Briefings |
2nd week of January, 2025 |
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Selection Process |
MBA/PGPM Program: During February/March 2025 |
IBSAT 2024 EXAM Pattern
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Section |
Title |
No of Questions |
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I |
Verbal Ability |
50 |
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II |
Reading Comprehension |
30 |
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III |
Quantitative Aptitude |
30 |
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IV |
Data adequacy and Data Interpretation |
30 |
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Total 140 |
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IBS Mumbai Admission Process 2024
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Application Process |
The application process for admission to the MBA/PGPM programs is unified across all nine IBS campuses, including Ahmedabad, Bangalore, Gurgaon, Hyderabad, Dehradun, Jaipur, Kolkata, Mumbai, and Pune, providing a simplified and streamlined admission procedure for candidates applying to any of these campuses. |
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How to Apply |
To apply online:
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Admission Process |
Applicants who meet the eligibility criteria through IBSAT, GMAT®, CAT, or NMAT by GMACTM scores will be invited to participate in the selection process, scheduled for February/March 2025. The ultimate selection decision will be based on a comprehensive evaluation of their performance in:
Last Date to Apply: 3rd week of December 2024
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Admission - Final Selection Weightages |
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Exam Accepted and Cut offs
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IBS Mumbai Loan Facility
The candidates selected for IBS Programs can avail educational loans from Public / Private Sector Banks. IBS has entered into an MOU with HDFC Credila Financial Services Ltd.
IBS offers Bridge loan to students admitted into the programs till they receive the sanction and disbursement of an educational loan from a bank. Students are required to pay the admission fee by the specified date from their own resources. The Bridge loan facility is available for the first installment of program fee and not for any subsequent installments due on future dates. Under the bridge loan facility, IBS will accepts 1st installment of Program fee in partial payments by way of one Demand Draft and three cheques in equally distributed amounts. IBS students may utilize this facility until the bank loan is sanctioned. The details will be provided in the Selection Letter.
| Course | Application Open Date | Application Close Date |
|---|---|---|
| PGPM- Post Graduate Programme in Management | 2024-07-01 | 2024-12-21 |
Exams Accepted By IBS Mumbai
CAT 2024: Registration (Active), Exam Date (Out), Eligibility, Syllabus, Pattern
XAT 2025: Registration Started, Exam Date (Out), Syllabus, Pattern, Question Papers, Cutoff
NMAT 2024: Application Form (Started), Notification, Exam Date, Eligibility
IBSAT 2024: Registration (Active), Exam Date Out, Syllabus, Updates
IBS Mumbai Top Placements 2024
IBS Class of 2024 Placements Highlights
With a 95% placement rate, the institute boasts an impressive record. Over 750 companies participated in the recruitment drive, leading to 20 international placements. The highest international CTC offered was a 36.76 LPA, while the top domestic package stood at 26.19 LPA. Key hiring sectors included finance, banking, IT/ITES, and consulting.
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Placements Data |
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Placement |
Since its establishment, the Mumbai campus has maintained an impressive track record of exceeding 90% placement success annually. Reaching new heights, the class of 2024 has achieved an outstanding 99% placement rate. Highest CTC: ₹20.00 Lakhs per annum (National) Highest CTC: ₹18.00 Lakhs per annum (International) Average CTC: ₹8.30 Lakhs per annum Average CTC (Top 10%): ₹13.56 Lakhs per annum Average CTC (Top 25%): ₹11.45 Lakhs per annum A total of 242 recruiters, primarily from Financial Services, Banking, IT/ITES, and Consulting sectors, participated. Some of the companies include 3i Infotech Ltd., 5 Paisa.com, A&H Capital, A. K. Capital Services Limited, ABP News, Abrao Group, Adenza, Adfactors Pr Pvt. Ltd., Aditya Birla Capital Limited (ABCL), Alchemist Mkting & Talent Sol, Allied Digital Services Ltd., Alok Industries, Anand Rathi, Anarock Property Consultants, Ankit Enterprises, Arcesium, Arete Securites, Arka Fincap, Artha Creations, Arthmate Direct, ASAPP Info Global Services Pvt, Ashwin Sheth Group, Asian Paints, Asymmetrical.ai, Atmabandhu Industries Pvt Ltd, Aum Trading, Aurum Ventures, Avalon Global Research, Awfis Space Solutions Pvt Ltd, Axience Consulting Pvt. Ltd, Axis Bank, Axis Treds (Invoicemart), Axxela Advisory, BALT, Bank of America KPO, BankofNewYorkMellon-BNY MELLON, Bennett Coleman and Co Ltd,, Bergwerff Organic India Pvt Ltd, Birla Paints, BlackRock Services, Blox.xyz, Brane Enterprises Pvt Ltd, BSE, Camptra Technologies, Canara Robeco, Capital Square , apricorn Logistics, Catalyst Trusteeship Limited, CB Richard Ellis, CJ Bio India Pvt Ltd, Cogoport, Compact Capital, Course5, Covacsis Technologies, CSB Bank Ltd., Cupable India, Cushman & Wakefield, Dabba Garam, Dainik Jagran Inext, Dalal & Broacha Stock Broking, |
List of Top 10 Recruiters & number of Students recruited at IBS Mumbai
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S.No |
Name |
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1 |
BlackRock Services |
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2 |
Deloitte Tax Services |
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3 |
IIFL Securities |
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4 |
Tata Capital |
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5 |
Bank of America KPO |
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6 |
PNB Housing Finance |
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7 |
ICICI PRUDENTIAL LIFE INSURANCE COMPANY |
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8 |
Deloitte Consulting |
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9 |
ICICI Bank |
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10 |
OneInsure (Robinhood Insurance) |
Placement Profiles Offered
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The placement opportunities are predominantly for Management Trainee roles across diverse sectors, catering to fresh graduates, as well as senior-level positions tailored to individuals with relevant work experience, building on their prior professional backgrounds. |
Sector-wise Placements Details
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The majority of placements, approximately 76%, come from sectors such as Financial Services (31%), Banking (12%), IT/ITES (12%), Consulting (12%), and Infra/Telecom/Real estate (10%)The remaining 24% come from industries like education, insurance, Media & Research, FMCG/Retail, and others. |
Function-wise Placements Details
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The placements are distributed as follows: Finance 53%, Marketing 36%, HR 6%, with the remainder allocated to Operations and IT & Systems. |
Details of your Alumni Network
IBS-Mumbai boasts an impressive alumni base of 13,277, which, when combined with the alumni from other IBS campuses, forms a vast and dynamic network of over 70,000 members, fostering a strong and supportive community that facilitates connections and collaborations.
IBS Mumbai Top Alumni List and their LinkedIn Profile Links
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Name |
Company |
LinkedIn Profile Link |
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Mr. Swapnil Dhotre |
Rabobank |
Profile Link |
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Mr. Mayuresh Patwardhan |
PWC |
Profile Link |
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Mr. Abhay Anand |
Investment Banking |
Profile Link |
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Mr. Chandan Goswami |
PRESPL (Punjab Renewable Energy Systems Pvt. Ltd.) |
Profile Link |
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Mr. Amit Singh |
PNB Housing Finance Ltd |
Profile Link |
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Mr. Sanket Pendke |
Nutrizoe |
Profile Link |
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Mr. Parul Monga |
IndiaFirst Life |
Profile Link |
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Ms. Shefali Dua |
NR at Kotak Mahindra Bank |
Profile Link |
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Ms. Sneha Salian |
Ernst & Young |
Profile Link |
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Mr. Sagar Kulkarni |
Google Pay |
Profile Link
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List of Top 10 Companies Where IBS Mumbai Alumni is Working
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S. No |
Company Name |
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1 |
Deloitte |
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2 |
Accenture |
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3 |
Ernst & Young |
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4 |
HSBC Bank |
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5 |
JP Morgan Chase and Co |
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6 |
ICICI Bank |
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7 |
HDFC Bank |
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8 |
Tata Consultancy Services |
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9 |
Kotak Mahindra Bank |
Also Check:
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ICFAI Business School (IBS) List |
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| IBS Hyderabad | |
IBS Mumbai Information Brochure 2024
IBS Mumbai: Courses, Fees Structure, Admission 2024, Cut off, Placements, Rankings Infrastructure and Facilities
Library
Canteen
Auditorium
Campus View
Gym
Sports Facilities
Convenience Store
Laboratory
Wifi
Classrooms
Video Gallery
Contact
Hiranandani Knowledge Park Opp. Hiranandani Hospital, Off.Technology Street Hiranandani Gardens, Powai, Mumbai, Mumbai, Maharashtra - 400076
FAQs
- Will the students be provided with laptops?+No, the students are expected to bring their own Laptops when reporting at the campus.
- What is the role of group discussion and personal interview in the selection process?+G.D. - In the group discussion, a topic will be announced to a group of 8 – 10 candidates. The candidates will be given 15 minutes for the group discussion. After discussion each candidate will be given an opportunity to summarise his/her opinion in a minute. The group discussion aims to evaluate the candidate’s expression, initiative communication, analytical skills and behaviour in group. P.I. - A personal interview is the final stage in the selection process. The interview panel members are Directors, Deans, Senior Faculty Members and Alumni. The duration of the interview for each candidate will be for 10 minutes. The interview panel will focus on assessing the attitude, aptitude and aspirations of the applicant besides evaluate the candidate’s general knowledge, communication skills, clarity of thought, expression and aptitude for a career in management.
- What does the selection process comprises of?+The selection process comprises of the following stages: ▪ Group Discussion ▪ Personal interview
- When is the selection process conducted?+Selection process will be conducted from April 06-07, 2024 at IBS Mumbai.
- When is the last date to apply for PGPM Program?+The last date to apply for PGPM Program is April 02, 2024.
- Is there any management quota of seats available?+There is no management quota or NRI quota.
- How to get information on Programs and Admission Process of IBS?+The details are available on the website of IBS. On filling the online application, candidates will receive a copy of the PGPM bulletin containing all the details about the institution, programs and processes. It will be sent in the month of March 2024.