The ICFAI Business School (IBS) Mumbai is a leading business school in India. It is located in Powai, Mumbai, and was founded in 1984. IBS Mumbai offers a variety of undergraduate, postgraduate, and executive education programs.
Introduction
IBS Mumbai stands tall as a leading institution in the realm of business and management education, dedicated to nurturing future leaders and entrepreneurs. This comprehensive guide delves into the multifaceted dimensions of IBS Mumbai, covering the admission process, diverse courses, fees structure, state-of-the-art facilities, ranking, placement opportunities, alumni achievements, and concludes by highlighting the institution’s transformative impact on the business world.
Courses
IBS Mumbai offers a diverse array of courses in business and management. From undergraduate to postgraduate programs, students are equipped with the knowledge, skills, and strategic thinking required for success in the dynamic corporate landscape.
| Course | Duration | Eligibility Criteria |
|---|---|---|
| Bachelor of Business Administration (BBA) | 3 years | 10+2 with a minimum of 50% marks in aggregate |
| Bachelor of Management Studies (BMS) | 3 years | 10+2 with a minimum of 50% marks in aggregate |
| Master of Business Administration (MBA) | 2 years | Graduate with a minimum of 50% marks in aggregate |
| Master of Finance (MFin) | 2 years | Graduate with a minimum of 50% marks in aggregate |
| Master of Marketing (MM) | 2 years | Graduate with a minimum of 50% marks in aggregate |
| Executive MBA (EMBA) | 18 months | Graduate with a minimum of 5 years of work experience |
| Post Graduate Diploma in Management (PGDM) | 2 years | Graduate with a minimum of 50% marks in aggregate |
Admission Process
IBS Mumbai’s admission process is meticulously designed to identify and foster promising business minds. Aspiring students can access comprehensive information about eligibility criteria, application procedures, and important dates on the official website. The institution’s commitment to selecting candidates who exhibit potential and determination underscores its dedication to producing skilled business professionals.
- Apply online: The application form can be downloaded from the IBS Mumbai website. The application fee is INR 1,800 for general category candidates and INR 900 for SC/ST/OBC candidates.
- Take the IBSAT: The IBSAT is a computer-based test that assesses the candidate’s quantitative, verbal, and analytical skills. The IBSAT is held twice a year, in May and November.
- Upload the application form and other required documents: The required documents include:
- Mark sheet of the qualifying examination
- Transfer certificate (TC) from the previous school/college
- Character certificate
- Proof of residence
- Two passport size photographs
- Shortlist: The candidates who qualify the IBSAT will be shortlisted for further rounds of the admission process.
- Personal Interview: The shortlisted candidates will be invited for a personal interview. The interview will assess the candidate’s communication skills, personality, and motivation.
- Final selection: The final selection will be based on the candidate’s performance in the IBSAT, the personal interview, and the academic record.
Exploring Fees
Fee Structure
The fees structure at IBS Mumbai is thoughtfully designed to provide value for education. The institution’s commitment to affordability aligns with its goal of preparing students for promising careers in business and management.
| Course | Fees (INR) |
|---|---|
| Bachelor of Business Administration (BBA) | 8,50,000 |
| Bachelor of Management Studies (BMS) | 7,50,000 |
| Master of Business Administration (MBA) | 15,00,000 |
| Master of Finance (MFin) | 12,00,000 |
| Master of Marketing (MM) | 10,00,000 |
| Executive MBA (EMBA) | 20,00,000 |
| Post Graduate Diploma in Management (PGDM) | 12,00,000 |
Ranking
IBS Mumbai’s relentless pursuit of academic excellence has earned it recognition and accolades in the education sector. Its impressive ranking reflects its commitment to providing top-notch business education.
Sure, here are some of the rankings of IBS Mumbai:
- NIRF 2023: 36th among all business schools in India
- Business Today 2023: 20th among all business schools in India
- Outlook 2023: 23rd among all business schools in India
- The Week 2023: 25th among all business schools in India
- CARE 2023: B++ grade
Placement Opportunities and Statistics
The institution’s dedicated placement cell collaborates with renowned corporations, offering students promising placement opportunities. Mock interviews, skill development workshops, and networking events prepare students to thrive in the competitive corporate world.
The placement record of IBS Mumbai is good. The school has a strong alumni network that helps students get placed in good jobs. The school also has a dedicated placement cell that helps students prepare for campus placements. The average salary package for IBS Mumbai graduates is INR 10 lakhs per annum. The highest salary package offered to an IBS Mumbai graduate is INR 30 lakhs per annum. The top recruiters for IBS Mumbai graduates include:
- Infosys
- Wipro
- TCS
- Cognizant
- IBM
Campus Facilities and Resources
The campus boasts modern infrastructure, including technologically advanced classrooms, well-equipped libraries, and collaborative spaces. These facilities create an environment conducive to holistic learning and professional growth.
- Library: The library has a collection of over 2 lakh books, journals, and magazines. It also has a number of digital resources, such as e-books, e-journals, and online databases.
- Laboratories: The college has a number of well-equipped laboratories for engineering, science, and technology. These laboratories are used for teaching, research, and student projects.
- Workshops: The college has a number of workshops for engineering and technology. These workshops are used for training students in practical skills
- Sports Complex: The college has a sports complex with a number of facilities, including a football field, a cricket ground, a basketball court, a volleyball court, and a swimming pool
- Auditorium: The college has an auditorium with a seating capacity of 1000 people. The auditorium is used for cultural events, seminars, and guest lectures
- Hostel: The college has hostels for both boys and girls. The hostels are equipped with modern facilities, such as a common room, a library, and a mess
- Canteen: The college has a canteen that serves a variety of food items. The canteen is also a popular hangout spot for students
- Medical Centre: The college has a medical centre that provides medical care to students and staff. The medical centre is staffed by doctors and nurses
Alumni Success Stories
IBS Mumbai takes pride in the accomplishments of its alumni, who have excelled in various industries. Their achievements stand as a
Here are some of the notable alumni of IBS Mumbai:
- N. Chandrasekaran, Chairman of Tata Sons
- C.K. Birla, Chairman of Aditya Birla Group
- Ajay Piramal, Chairman of Piramal Group
- Rahul Bajaj, Chairman of Bajaj Group
- Deepak Parekh, Chairman of HDFC Bank
- Chanda Kochhar, Former CEO of ICICI Bank
- Uday Kotak, CEO of Kotak Mahindra Bank
- Ritesh Agarwal, Founder and CEO of Oyo Rooms
- Kunal Bahl, Co-founder and CEO of Snapdeal
FAQs
IBS Mumbai integrates practical learning through case studies, industry projects, internships, and real-world business simulations.
IBS Mumbai maintains a balanced faculty-student ratio, ensuring personalized attention and effective learning.
Yes, the institution offers scholarships to deserving and meritorious students based on academic performance and other criteria.
IBS Mumbai maintains an active alumni network that provides opportunities for networking, mentorship, and contributing to the institution’s growth.
Absolutely, IBS Mumbai encourages students to participate in clubs, events, and conferences to enhance their overall development.
Conclusion
IBS Mumbai isn’t just a business school; it’s a hub of innovation, leadership, and transformation. With a blend of academic excellence, cutting-edge facilities, and a student-centric approach, the institution stands as a beacon of learning and professional development.
