What is the minimum eligibility for IBS Mumbai PGPM admission?

Candidates must hold a Bachelors degree in any discipline with a minimum of 50% aggregate. Graduation must be in English medium. Final-year students can also apply.

Which entrance exams are accepted for IBS Mumbai PGPM?

IBS Mumbai PGPM accepts IBSAT, CAT, XAT, NMAT, and GMAT scores. Candidates with CAT, XAT, NMAT, or GMAT scores do not need to appear for IBSAT.

What is the total PGPM fee at IBS Mumbai?

The total PGPM fee at IBS Mumbai is INR 9.09 lakhs for two years. This is exclusive of hostel and mess charges. Contact ibsindia.org for the latest fee structure.

What is the selection process at IBS Mumbai?

Shortlisted candidates attend a Micro Presentation and Personal Interview at IBS Hyderabad campus. Final merit is based on Academics (50%), Micro Presentation (25%), and PI (25%).

Is IBSAT mandatory to apply at IBS Mumbai?

No. IBSAT is not mandatory if you have a valid CAT, XAT, NMAT, or GMAT scorecard. Submit your score directly at ibsindia.org. IBSAT is required only if you have not taken any of these national-level exams.

When does IBSAT 2026 registration open for IBS Mumbai?

IBSAT 2026 registration opened on July 1, 2026 at ibsindia.org. The exam is in the last week of December 2026 (Tentative). Results are expected on December 30, 2026 (Tentative).

Does IBS Mumbai have a management quota?

No. IBS Mumbai does not offer a management quota or NRI quota. All PGPM seats are filled through merit and the IBS selection process.

What is the application fee for IBS Mumbai PGPM?

The application fee is INR 1,800, paid online at ibsindia.org during registration. This fee is non-refundable.

Can a working professional apply for IBS Mumbai PGPM?

Yes. Work experience is not mandatory for PGPM admission at IBS Mumbai. However, it can add value during the Personal Interview stage. Freshers and experienced candidates are both eligible.

Are there scholarships at IBS Mumbai?

Yes. IBS offers INR 2 lakh scholarships to IBSAT toppers, alumni wards, children of defence personnel, and PwD candidates. Check ibsindia.org for the latest scholarship criteria for the IBS Mumbai campus.

IBS Mumbai Courses & Fees 2026

Powai, MumbaiEstd 1995

3.9

(283 Reviews)

Collegedunia Team

Content Curator | Updated on - Jul 15, 2026

IBS Mumbai offers the Post Graduate Programme in Management (PGPM) at a total fee of INR 9.09 Lakhs for the two-year program. This is among the more affordable full-time PGPM offerings from an ICFAI Business School campus, positioned well below the flagship IBS Hyderabad MBA, which is priced at INR 17.01 Lakhs.

Note: Fee figures on this page are sourced from 2026 admissions cycle data available from IBS Mumbai. As a private institution, IBS Mumbai does not publish category-wise (SC/ST/PwD) fee differentials in the current fee schedule. Verify the latest fee notification at ibsindia.org before applying.

IBS Mumbai Course and Fees Quick Overview

1 program offered: Post Graduate Programme in Management [PGPM]
Total fee: INR 8.11 Lakhs for the full two-year program
Admission through IBSAT, CAT, GMAT, NMAT, or GRE scores
Eligibility: bachelor’s degree in any discipline with minimum 50 percent marks
IBS Mumbai is part of the ICFAI Business School network, with campuses across India
No category-based fee waiver is published in the current fee schedule

IBS Mumbai Courses and Fees 2026

IBS Mumbai PGPM Fees 2026

INR 8.11 Lakhs is the complete fee for the two-year PGPM at IBS Mumbai. The program follows the same curriculum framework as the IBS Hyderabad MBA while delivering it through the Mumbai campus, giving students the advantage of a metropolitan location with exposure to the city’s financial services, banking, and corporate sectors.

The PGPM is a full-time, campus-based management program. Eligibility requires a bachelor’s degree in any stream from a recognized university, with at least 50 percent marks in graduation. Work experience is preferred but not mandatory for the Mumbai campus. Admission is through valid IBSAT scores; CAT, GMAT, NMAT, and GRE scores are also accepted directly.

IBSAT is conducted annually and serves as the primary gateway into all IBS campuses. Students who clear IBSAT can apply to any IBS campus based on their rank, including IBS Mumbai. The IBSAT application and entrance test fee is separate from the course fee listed above and is paid to the organizing body during the registration process.

Program	Duration	Mode	Total Fee
Post Graduate Programme in Management [PGPM]	2 years	Full-time	INR 9.09 Lakhs

The total fee of INR 8.11 Lakhs covers the academic program. Hostel and mess charges are separate and are not included in the course fee. IBS Mumbai does not publish a category-wise fee structure for SC/ST or PwD students in the current cycle, consistent with its status as a private deemed institution.

IBS Mumbai Courses and Fees FAQs

Ques. What is the total fee for PGPM at IBS Mumbai?

Ans. The total fee for the PGPM at IBS Mumbai is INR 8.11 Lakhs for the full two-year program. This is the only degree program currently listed for the Mumbai campus. The fee covers the academic program. Hostel and mess charges are billed separately.

Ques. What is the per-semester fee for IBS Mumbai PGPM?

Ans. The PGPM at IBS Mumbai spans four semesters over two years. Based on the total fee of INR 8.11 Lakhs, the average per-semester cost is approximately INR 2.03 Lakhs. However, the actual semester-wise fee schedule may differ, and you should confirm the payment installment plan with the IBS Mumbai admissions office before enrollment.

Ques. How does IBS Mumbai PGPM compare to IBS Hyderabad MBA in terms of fee?

Ans. The IBS Mumbai PGPM fee is INR 8.11 Lakhs while the IBS Hyderabad MBA is priced at INR 17.01 Lakhs, a difference of INR 8.90 Lakhs. Both programs are two-year full-time management degrees within the ICFAI Business School network, but IBS Hyderabad is the flagship campus with higher fees.

Ques. What is the eligibility for PGPM at IBS Mumbai?

Ans. Eligibility for the PGPM at IBS Mumbai requires a bachelor’s degree in any discipline from a recognized university, with at least 50 percent marks. Work experience is not mandatory, though preferred. Admission is through IBSAT, CAT, GMAT, NMAT, or GRE scores.

Ques. Does IBS Mumbai offer fee concessions for SC/ST students?

Ans. No category-wise fee concession for SC/ST or PwD students is published in the current 2026 fee schedule for IBS Mumbai. As a private deemed institution under the ICFAI Foundation, IBS Mumbai does not follow government-mandated fee waiver structures. Check ibsindia.org for any merit or need-based scholarship programs.

Ques. Does IBS Mumbai have hostel facilities?

Ans. Hostel and mess fees at IBS Mumbai are not included in the PGPM course fee of INR 8.11 Lakhs. They are billed separately. For hostel availability and current accommodation charges at the Mumbai campus, contact the IBS Mumbai admissions office directly.

Ques. What is the IBS Mumbai PGPM fee with hostel?

Ans. The PGPM course fee at IBS Mumbai is INR 8.11 Lakhs. Hostel and mess charges are additional costs not included in this figure. For the combined cost of course fee plus accommodation, check the official IBS Mumbai fee notification at ibsindia.org.

Ques. Is PGPM at IBS Mumbai through IBSAT only?

Ans. No. While IBSAT is the primary admission test for IBS Mumbai, the campus also accepts valid CAT, GMAT, NMAT, and GRE scores for PGPM admission. Candidates with any of these scores can apply directly to IBS Mumbai through the ICFAI Business School application process.

Ques. What is the application fee for IBS Mumbai?

Ans. IBS Mumbai does not charge a separate institute application fee for the PGPM. The IBSAT entrance test fee is paid to the IBSAT organizing body during registration and is distinct from the INR 8.11 Lakhs course fee. For current IBSAT registration charges, check the official IBSAT portal.

Courses Offered By IBS Mumbai 2026

Post Graduate Programme in Management [PGPM]

₹8.11 LTotal Fees

2 years

(Full Time)3.5(275 reviews)

Ranked 121st in India & 19th in Mumbai

Application Date1 July - 02 May 2026

265 Views(Last year)

Fees Structure

Do you think the fees are wrong ? Report Here

IBS Mumbai PGPM General: Students' Opinion

PGPM General

AI-Generated Summary based on 253 Reviews

Fees at ICFAI Business School for the Post Graduate Programme in Management (PGPM) are structured to include a total cost between 909,000 INR and 1,300,000 INR for the full course. The tuition fees amount to 909,000 INR, which may be paid in five installments throughout the program. Initial payments consist of an 80,000 INR registration fee, followed by a 165,000 INR payment plus a 10,000 INR refundable caution deposit before classes commence, with subsequent equal installments every four months.

Although hostel facilities are not provided, the additional costs for out-of-state students could raise the total expenditure to approximately 12 to 13 lakh INR. Scholarships are available for high scorers in the IBSAT entrance exam, with potential awards ranging from 100,000 to 200,000 INR. The institution also facilitates education loans to assist with financial needs.

By Collegedunia’s Personal AI

Course Finder

Search from 20K+ Courses and 35+ Streams

Popular Colleges Compared With IBS Mumbai

College
ICFAI Business School - [IBS], Pune
ICFAI Business School - [IBS], Bangalore
ICFAI Business School - [IBS], Gurgaon
ITM Business School Kharghar - [ITM], Navi Mumbai
IBS, Hyderabad
N. L. Dalmia Institute of Management Studies and Research - [NLDIMSR], Mumbai
SIES School of Business Studies - [SIESSBS], Mumbai
Balaji Institute of Modern Management - [BIMM], Pune
Chetana's Institute of Management and Research - [CIMR], Mumbai
S.P Mandali's Prin L.N Welingkar Institute of Management Development & Research (WeSchool), Mumbai

Do you think the data is wrong ? Report Here

IBS Mumbai: 1 Answered Question

Which college is better? IBS or Athena school of management for PGDM course in Mumbai?

Akriti Guptalives in Mumbai, Maharashtra, India

I would suggest you choose Athena over IBS. While both are in Mumbai, their teaching methods are very different. IBS emphasizes batch size, quantity (1000 students for the Mumbai college), a highly easygoing college life, and a curriculum with only one internship. Because there are no international internships or exchange programs, global exposure is not prioritized.

Athena focused on Corporate Connect, Quality of Intake (only 60 to 70 students), and a very demanding and busy education with many internships. There is a lot of foreign exposure with two overseas immersions and one international internship.

When it comes to jobs and placements, Athena has an average of 7.00 lacs each year and a large number of Pre Placement Offers. This means that all of their students receive jobs, with the exception of those who opt not to go through the placement procedure. IBS earns an average of 6-7 lacs a year, yet 200-250 students do not get jobs. This is a major issue when there are so many new students each year.

View All Questions and Answers