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ICFAI BUSINESS SCHOOL (IBS), MUMBAI

ICFAI BUSINESS SCHOOL (IBS), MUMBAI

University | 1995

Introduction

ICFAI Business School (IBS) is a group of 9 business schools spread across India. The institution is part of the ICFAI group, which is a well-known educational organization in India. IBS offers a range of postgraduate programs in management, including an MBA, PGPM, and Ph.D. in Management.

Established in 1995, ICFAI Business School has campuses in Hyderabad, Mumbai, Bengaluru, Gurgaon, Kolkata, Pune, Jaipur, Ahmedabad, and Dehradun. The institution has a strong reputation for providing quality management education and has been consistently ranked among the top B-Schools in India.

IBS has a team of highly qualified and experienced faculty members who are experts in their respective fields. They use a mix of traditional and modern teaching methods, including case studies, group discussions, and simulations, to provide a holistic learning experience to the students. The faculty members are actively involved in research and consultancy projects and are committed to providing students with industry-relevant knowledge and skills.

IBS has a robust industry connection and works closely with leading companies to provide students with practical exposure to the industry. The institution has tie-ups with over 300 companies, including multinationals, startups, and SMEs. IBS also offers a range of experiential learning programs, including internships, live projects, and industry visits, to help students gain hands-on experience in the industry.

The institution has a dedicated placement cell that works towards providing students with placements in leading companies. The placement cell has a strong network of recruiters and conducts regular campus placement drives for the students. IBS has an impressive track record of placing its students in leading companies across various sectors, including finance, consulting, FMCG, IT, and e-commerce.

IBS also offers scholarships and financial assistance to meritorious and economically weaker students to support their education. The scholarships are based on the student's academic performance and other factors, such as leadership skills and extracurricular achievements.

Top Courses & Fees

Admission

The admission process for ICFAI Business School (IBS), Mumbai is a straightforward and transparent process. Following are the steps involved in the admission process: Following are the steps involved in the admission process:

The following are the steps involved in the admission process:

  • Registration: Candidates interested in pursuing a management program at IBS Mumbai must first register themselves online by visiting the official website of the institution.
  • Entrance Exam: Candidates must take the IBSAT (IBS Aptitude Test) or any other national-level management entrance exam, such as CAT, GMAT, XAT, NMAT, or MAT. The scores of these exams will be used for shortlisting candidates for the next round of selection.
  • Selection Process: Shortlisted candidates will be called for a selection process, which includes a Group Discussion (GD) and a Personal Interview (PI). The GD and PI are designed to assess the candidate's communication skills, leadership qualities, analytical and problem-solving abilities, and overall personality.
  • Final Selection: The final selection of candidates is based on their performance in the entrance exam, GD, and PI. The institution also considers the candidate's academic performance, work experience (if any), and extracurricular achievements during the selection process.
  • Offer Letter: Candidates who are selected for admission will receive an offer letter from the institution. In order to accept the offer, candidates must pay the admission fee within the specified timeframe.

 

Eligibility:

  • Candidates must have a Bachelor's degree in any discipline with a minimum of 50% aggregate marks from a recognized university.
  • Candidates who are in their final year of a Bachelor's degree program are also eligible to apply.
  • Candidates must have qualified for the IBSAT exam or any other national-level management entrance exam.

 

The eligibility criteria for admission to ICFAI Business School (IBS), Mumbai are as follows:

  • Educational Qualification: Candidates must have a Bachelor's degree in any discipline with a minimum of 50% aggregate marks from a recognized university.
  • Final Year Students: Candidates who are in the final year of their Bachelor's degree program are also eligible to apply. However, they must provide proof of completing their degree program and meeting the eligibility criteria before the start of the program.
  • Entrance Exam: Candidates must have qualified for the IBSAT (IBS Aptitude Test) or any other national-level management entrance exam, such as CAT, GMAT, XAT, NMAT, or MAT.
  • Age Limit: There is no age limit for admission to the management programs offered by IBS Mumbai.

It is important to note that meeting the eligibility criteria does not guarantee admission to the institution. Candidates must also perform well in the selection process, which includes a Group Discussion (GD) and a Personal Interview (PI), to secure admission.

Cutoff:

The cutoff for admission to ICFAI Business School (IBS), Mumbai varies every year and is based on several factors, including the number of applicants, the difficulty level of the entrance exam, and the number of seats available.

Candidates who score above the cutoff are shortlisted for the selection process, which includes a Group Discussion (GD) and a Personal Interview (PI). The institution considers the candidate's academic performance, work experience (if any), and extracurricular achievements during the selection process.

The cutoff for IBSAT, which is the institution's own aptitude test, is usually around 60-70 percentile. However, the cutoff may vary depending on the number of applicants and the difficulty level of the exam.

For other national-level management entrance exams, such as CAT, GMAT, XAT, NMAT, or MAT, the cutoff may be higher or lower depending on the exam's difficulty level and the number of applicants.

It is important to note that meeting the cutoff does not guarantee admission to the institution. Candidates must also perform well in the selection process to secure admission.

Scholarship

ICFAI Business School (IBS), Mumbai offers scholarships to meritorious and deserving students to help them pursue their management education. The scholarships are awarded based on various criteria, such as academic performance, entrance exam scores, work experience, and financial needs.

Here are the different types of scholarships offered by IBS Mumbai:
Merit Scholarships: These scholarships are awarded to students based on their academic performance in their Bachelor's degree program. Candidates who have secured more than 75% marks in their graduation program are eligible for a 25% tuition fee waiver.

IBSAT Scholarships: Candidates who score above the 90 percentile in the IBSAT exam are eligible for a 100% tuition fee waiver.

National Level Entrance Exam Scholarships: Candidates who score above the 90th percentile in any of the following national level entrance exams are eligible for a 100% tuition fee waiver:

  • CAT
  • XAT
  • GMAT
  • NMAT by GMAC

Need-Based Scholarships: These scholarships are awarded to deserving candidates who face financial constraints in pursuing their education. The amount of the scholarship varies depending on the candidate's financial needs and other factors.

It is important to note that the number of scholarships offered and the amount of the scholarship may vary every year depending on the number of applicants and the availability of funds.

Placement

Accenture Azim Premji Foundation Bajaj FinServ Better Place CISCO

Facilities

Q&A

Ques: What courses does ICFAI Business School, Mumbai offer?
Ans:
ICFAI Business School, Mumbai offers various management programs, including MBA, PGPM, and PhD in Management.

Ques: What are the eligibility criteria for admission to ICFAI Business School, Mumbai?
Ans:
The eligibility criteria for admission to ICFAI Business School, Mumbai varies depending on the program. For MBA and PGPM programs, candidates must have a Bachelor's degree with at least 50% marks. For PhD programs, candidates must have a Master's degree in Management or a related field with at least 55% marks.

Ques: What is the admission process for ICFAI Business School, Mumbai?
Ans:
The admission process for ICFAI Business School, Mumbai involves a national-level entrance exam (IBSAT), followed by group discussion and personal interview rounds.

Ques: What are the cutoff scores required for admission to ICFAI Business School, Mumbai?
Ans:
The cutoff scores required for admission to ICFAI Business School, Mumbai vary every year depending on the number of applicants and the availability of seats.

Ques: Does ICFAI Business School, Mumbai offer scholarships?
Ans:
Yes, ICFAI Business School, Mumbai offers various scholarships to meritorious and deserving students based on academic performance, entrance exam scores, work experience, and financial need.

Ques: How is ICFAI Business School, Mumbai ranked?
Ans:
ICFAI Business School, Mumbai has received high rankings from various national and international agencies, including The Week-Hansa Research Survey, Business Today-MDRA Survey, NIRF, and Careers360.

Ques: What is campus life like at ICFAI Business School, Mumbai?
Ans:
The campus life at ICFAI Business School, Mumbai is vibrant and diverse, with various student clubs and committees organizing cultural, academic, and sports events throughout the year. The institution's state-of-the-art infrastructure, world-class facilities, and supportive faculty make for an excellent learning environment.

Review & Ranking

ICFAI Business School (IBS), Mumbai is one of the top management institutions in India, known for its academic excellence, industry-oriented curriculum, and state-of-the-art infrastructure. The institution has consistently received high rankings from various national and international agencies.

Here are some of the recent rankings of ICFAI Business School, Mumbai:

  • Ranked 4th among private B-schools in India by The Week-Hansa Research Survey 2021.
  • Ranked 10th among private B-schools in India by Business Today - MDRA Survey 2021.
  • Ranked 25th among all B-schools in India by NIRF (National Institutional Ranking Framework) 2020.
  • Ranked AAA+ by Careers360 in its Top Private B-Schools in India 2021 ranking.
  • Ranked 3rd among private B-schools in Maharashtra by CSR-GHRDC B-School Survey 2020.

Apart from these rankings, ICFAI Business School, Mumbai has also received various accolades for its academic programs, faculty, research, and industry collaborations.

The institution has received positive reviews from students and alumni, who have appreciated the institution's academic rigor, industry exposure, and supportive faculty. The institution's state-of-the-art infrastructure, world-class facilities, and vibrant campus life have also received praise from students.

Overall, ICFAI Business School, Mumbai has established itself as one of the leading management institutions in India, with a strong focus on academic excellence, industry-oriented curriculum, and holistic development of its students.

Reviews

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