IBS Mumbai was established in 1995 to promote quality management education, research, training and consulting. Since its establishment in 1995, IBS has grown impressively and achieved widespread recognition from business and industry, academic circles, and professional bodies. IBS has a growing alumni base of over 50,000+ who are currently pursuing fast track careers in India and abroad and these alumni are connected to each other via IBSAF (The IBS Alumni Federation).

Batch Size: 890 approx

Placements:  For the batch passing in 2020  the average CTC was Rs 6.91 Lakhs the same for 2019 and 2018 were Rs 6.44 Lakhs and Rs. 6.29 Lakhs respectively. The average CTC offered to the top 10% in 2020 was Rs. 11.72 Lakhs. The Highest salary offered at IBS Mumbai in 2020 was Rs. 50.23 Lakhs.

Admission Process: ICFAI conducts its own entrance examination called IBSAT. Aspirants are required to appear in ICFAI Business School Aptitude Test (IBSAT 2021) to secure admission to an MBA program. CATGMAT and NMAT by GMAC qualified candidates are also eligible to apply. The final selection is based on the past academic record, performance in the Group Discussion, and Personal Interview.

Website: www.ibsindia.org/ibs-mumbai/


Registration Date 1st July 2021 Onwards
Exam Dates 25th & 26th December 2021
Result 1st week of January 2022
Selection Briefings 8th to 16th January 2022
Selection Process MBA/PGPM Program:
During February/March 2022 at IBS Hyderabad