How is IBS, Mumbai for PGPM?
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3 Answers
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Hello! It is strictly an average option to pursue MBA as it doesn't rank even under the top ten B-schools in and around Mumbai. Keep it as a backup option, and aim for the much better ones. Consider it only if you do not have a better alternative and are unable to take a year's drop. https://www.shiksha.com/mba/course/post-graduate-program-in-management-icfai-business-school-mumbai-powai-159595
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ICFAI Business School, Mumbai has a good placements record. It is approved by UGC. In 2023 placements, the placement rate achieved was 98%. The highest domestic and international package offered was INR 18.80 LPA and INR 11.13 LPA, respectively. Further, the average package offered stood at INR 8.17 LPA. Some of the top companies that participate in placements were Google, Deloitte, EY, HCL, etc.
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The sector-wise placement distribution recorded during IBS placements 2025 is presented below:
Sectors | Placement Distribution (2025) |
---|---|
Banking | 15% |
Consulting | 7% |
Education | 3% |
E-Commerce | 3% |
Financial Services | 24% |
FMCG / Retail | 4% |
Global Capability Center | 8% |
Infra / Telecom / Real Estate | 7% |
Insurance | 7% |
ITES | 12% |
Manufacturing / Construction | 3% |
Media & Research | 1% |
Hospitality / Tourism | 2% |
Pharma / Healthcare | 1% |
Logistics | 2% |
Others | 3% |
Note: The sector-wise placement distribution data presented above is the overall data of all the IBS campuses.
The highest package offered during IBS Mumbai PGPM placements over the past three years is presented below:
Particulars | PGPM Placement Statistics (2023) | PGPM Placement Statistics (2024) | PGPM Placement Statistics (2025) |
---|---|---|---|
Highest domestic package | INR 18.8 LPA | INR 20 LPA | INR 20 LPA |
Highest international package | INR 11.13 LPA | INR 18 LPA | NA |
The placement trend witnessed during IBS Mumbai PGPM placements over the past three years is presented below:
Particulars | PGPM Placement Statistics (2023) | PGPM Placement Statistics (2024) | PGPM Placement Statistics (2025) |
---|---|---|---|
Highest domestic package | INR 18.8 LPA | INR 20 LPA | INR 20 LPA |
Highest international package | INR 11.13 LPA | INR 18 LPA | NA |
Average package | INR 8.17 LPA | INR 8.03 LPA | INR 7.89 LPA |
Placement rate | 98% | 98% | 95% |
Top 10% average package | INR 13.3 LPA | INR 13.56 LPA | INR 11.97 LPA |
Top 25% average package | INR 11.01 LPA | INR 11.45 LPA | INR 10.67 LPA |
The key highlights of IBS Mumbai PGPM placements 2024 are presented below:
Particulars | PGPM Placement Statistics (2025) |
---|---|
Highest domestic package | INR 20 LPA |
Average package | INR 7.89 LPA |
Placement rate | 95% |
Top 10% average package | INR 11.97 LPA |
Top 25% average package | INR 10.67 LPA |
The average salary trends witnessed during IBS Mumbai placements over the past three years are presented below:
Particulars | PGPM Placement Statistics (2023) | PGPM Placement Statistics (2024) | PGPM Placement Statistics (2025) |
---|---|---|---|
Average package | INR 8.17 LPA | INR 8.03 LPA | INR 7.89 LPA |
Top 10% average package | INR 13.3 LPA | INR 13.56 LPA | INR 11.97 LPA |
Top 25% average package | INR 11.01 LPA | INR 11.45 LPA | INR 10.67 LPA |
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