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ICFAI Business School, Mumbai: Courses, Eligibility, Fees, Admissions, Placements

Last updated on April 26th, 2021

ICFAI (Institute of Chartered Financial Analysts of India) Business School of Mumbai, was established in the year 1995. It is a private university with its branches spread in the states like Hyderabad, Mumbai, Pune, Gurgaon, Bangalore, Kolkata, Ahmedabad, Jaipur, Dehradun.

The admission in ICFAI IBS Mumbai is entrance exam based, the university conducts ICFAI IBSAT (Business School Aptitude Test) and the candidate either has to appear in this respective exam or should have CAT/GMAT qualified certificate.

The university provides degree in MBA, PhD courses and being one of the best Business Schools in the country it has higher quality education, excellent infrastructure and best placement cells that has provided upto 15 lacs INR package nationally as well as 50.3 lac INR package internationally.

The university has been ranked 69, among all the business schools of India. It has been ranked under top 20 in new generation business schools by Digital Mailers. ICFAI also has been ranked 3rd among the top North Indian Business schools by Review Adda.

ICFAI Business School-[IBS] Highlights

Established | Institute type 1995| Private
Location Mumbai , Maharashtra
Entrance Exam CAT/GMAT/ IBSAT or Entrance Based
Accredited to A++
Courses offered MBA/PGPM, PhD
Popular courses PGPM/ MBA
Application mode Online
Admission criteria Entrance Exam Based, CAT/GMAT
Top recruiters HDFC Bank, MyGate, ICICI Bank, IDFC First Bank, ICICI securities, Deloitte Tax Services, TCS, Federal Bank
Facilities available Library, Gym, hostel for girls and boys separately
Official website www.ibsindia.org

ICFAI Business School-[IBS] Ranking

The University has been ranked under top 20 among all the colleges of Business School by Business Today. The university has been ranked 69, among all the business schools of India.

It has been ranked under top 20 in new generation business schools by Digital Mailers. ICFAI also has been ranked 3rd among the top North Indian Business schools by Review Adda and 6th among Top Business schools.

The university has also been given A++ grading by Business India and A4 by Business Standard. It has secured 6th among Top emerging Business Schools of Super Excellence CSR- GHRDC and 7th among top Business Schools in West Zone.

ICFAI Business School-[IBS] Achievements

The Hyderabad branch has won the 3 awards in the Case Centre’s Award and Competition Award which is 29th year UK based , these annual awards are generally given to those universities which has its versatility in all aspects of teaching and providing education to students, hailed as the case method communities Oscars and are given to celebrate all over world excellent and quality teaching and writing.

The director of Case Centre once indicated ICFAI –IBS school and its branches are one of the most selected, preferred and successful institutions for Business and had already won 3 out of 16 awards.

Award Winning Case 1 Employee Training and Development at Ritz-Carlton as Fostering an Exceptional Customer Service Culture authored by Dr.Debapratim Purkayastha, in the ‘Human Resource Management/Organizational Behaviour’ category
Award Winning Case 2 Amazon’s Big Data Strategy authored by Dr. Debapratim Purkayastha and Mr.Adapa Srinivasa Rao, in the ‘Knowledge, Information and Communication Systems Management’ category
Award Winning Case 3 Turbulence on the Tarmac authored by Dr. Debapratim Purkayastha and Sid Ghosh, in the ‘Outstanding Compact Case’ category.

ICFAI Business School-[IBS] Courses

The IBS –Mumbai provides PGPM course for the students to get a graduation and let them expose to management skills which need really a need for creating specialists who can excellently integrate across functional areas dynamically

It exposes the students in the technical field and also helps them to gain social skills by making them interact with real professionals.

Course Duration Eligibility Fees
PGPM 2 years program Either exam Qualified: CAT/GMAT Or Graduated with minimum 50% aggregation from any English medium institution Or in total 15 years of education which includes 12th and UG program Or students from non- English background , have to represent valid score in NELT/IELTS INR 8.01 lakhs per annum
PhD Full time – 4 years Part time- 2 years Merit basis

ICFAI Business School-[IBS] Admission

The University is allowing the applicants to apply online by filling the online application form from the official website of the university.

The applicant has to fill in some basic, personal information, scanned marksheets of 10th and 12th , SC/ST/OBC certificates (if there), passport sized photo and interested courses.

  • The University conducts its own Entrance Exam , and its score will be considered for the selection of the students into the college.
  • If the student qualifies the Entrance Exam then the fellow student will be called for the selection process in the respective branches (IBS-Mumbai ), and after the Group discussion of the respective selection members.
  •  The final selection will be on the basis of personal interview.

ICFAI Business School-[IBS] Placements

There are about 1000+ students placed this ear with 95% placement percentage of overall college.

The Average Salary amount is about 6.91 lakhs INR per annum and highest salary amount went so far nationally is 15 lakhs INR per annum and internationally it is upto 50.23 lakhs INR per annum.

The average top 10% salary amount is 11.72 lakhs INR and average top 25% salary amount is 9.83 lakhs INR. It has the largest placement cell among all the business schools worth full salary.

ICFAI Business School-[IBS] Facilities

The whole college campus is around 80,000 sq.ft. area with total 15+ class rooms in a two storey building with separate faculty and dean cabins , the university has a huge 225 seater capacity auditorium hall and large canteen for hostel students.

The University has all its facilities for the students dorm life as it provides separate girls and boys hostels in affordable fees and a comfortable environment, there is also a gym facility available for the students staying there.

The University has a huge library of about 28,000+ books, national and international journals, magazines and 2000+ CDs available for the students so they can gain all the quality education anytime from anywhere.

The University also provides a separate Syndicate room for faculty and Student interaction so that students can take the full advantage and knowledge from the experienced teachers.

ICFAI Business School-[IBS] Faculty

Name: Dr. Pritee Sanjeev Saxena

  • Designation: Director
  • Education Qualification: Ph.D., MMM (NMIMS), M.Sc, B.Sc

Name: Prof. Hemant Sharad Purandare

  • Designation: Dy. director (academics)
  • Education Qualification: MMM, BE (Civil)

Name: Dr. Kavitha Venkatachari

  • Designation: Dean (examinations)
  • Education: Ph.D., M.Phil, MBA, MCA

Name: Dr.Davinder Kaur Suri

  • Designation: associate dean & dy. Aco
  • Education Qualification: Ph.D., MMS(NMIMS, Mumbai), B.Com

Name: Prof. Amarjit Patpatia

  • Designation: Dean & dy. Pco
  • Educational Qualification: MBA, M.Com B.Com, Dip in Trg (ISTD)

Alumni Profiles

  • Parag Jain | He completed a Bachelor Degree in commerce before joining IBS. He is at present working with ADVENTITY BPO FZ LLC as a Vice President and is based at Dubai. He has been associated with Network International as Sr. Project Manager and prior to that he was working for Emirates Bank.
  • Pooja Awasthi | She completed her Bachelor Degree in Business Management before pursuing Management education from IBS. Currently she is employed as Relationship Manager with Anand Rathi, one of the biggest Stock Broking organizations of the country. She is presently based in Mumbai, the Business Capital of India.

ICFAI Business School-[IBS] FAQs

Ques. From where students can get the admission forms?

Last updated on April 26th, 2021

Ans. The application form is available in the official website of ICFAI –IBS.

Ques. What is the eligibility for the PGPM program?

Last updated on April 26th, 2021

Ans. Either exam Qualified: CAT/GMAT Or Graduated with minimum 50% aggregation from any English medium institution Or in total 15 years of education which includes 12th and UG program Or students from a non- English background, have to represent valid scores in NELT/IELTS.

Ques. What is the procedure after Entrance Exam Qualification?

Last updated on April 26th, 2021

Ans. Students will be called for the selection process in the respective branches (IBS-Mumbai), and after the Group discussion of the respective selection members. The final selection will be on the basis of personal interview.

Ques. What is the last date for PGPM application form submission?

Last updated on April 26th, 2021

Ans. The last date for the submission of the application is March 31, 2021.

Ques. What is the starting date for the selection process?

Last updated on April 26th, 2021

Ans. The starting date for the selection process is from April 10- April 11, 2021.