IBS Mumbai offers the two-year Post Graduate Programme in Management (PGPM), with 2026 fee details listing total program costs of INR 9.09 Lakhs and INR 8.11 Lakhs. The academic fee does not include hostel, mess, or IBSAT registration charges. For comparison, the flagship IBS Hyderabad MBA costs INR 17.01 Lakhs.

  • 1 program is available: Post Graduate Programme in Management [PGPM]
  • The complete two-year program fee is listed as INR 8.11 Lakhs
  • Admission is based on IBSAT, CAT, GMAT, NMAT, or GRE scores
  • Applicants need a bachelor’s degree in any subject with at least 50 percent marks
  • IBS Mumbai belongs to the ICFAI Business School network, which has campuses throughout India
  • The current fee schedule does not publish any category-based fee waiver

IBS Mumbai PG Fees 2026

For the 2026 admission cycle, IBS Mumbai lists PGPM as its only program. One stated total is INR 9.09 Lakhs, while other fee details give the full academic cost as INR 8.11 Lakhs. Students should confirm the latest amount through the official IBS website before applying.

IBS Mumbai PGPM Fees 2026

PGPM is a full-time, campus-based course completed over two years. Its curriculum follows the framework used for the IBS Hyderabad MBA. The Mumbai campus also gives students access to the city’s financial services, banking, and corporate sectors. At INR 9.09 Lakhs, the stated PGPM cost is below the INR 17.01 Lakhs charged for the flagship IBS Hyderabad MBA and is among the lower-priced full-time PGPM options within the ICFAI Business School network.

Applicants must hold a bachelor’s degree in any stream from a recognized university and must have scored at least 50 percent in graduation. Work experience is preferred at the Mumbai campus, but it is not compulsory. IBS Mumbai accepts IBSAT as well as valid CAT, GMAT, NMAT, and GRE scores.

IBSAT takes place every year and is the main entrance route for all IBS campuses. After clearing the test, students may seek admission to any IBS campus, including IBS Mumbai, according to their rank. The IBSAT application and entrance-test charge is paid separately to the organizing body during registration and is not part of the course fee.

Fee Detail PGPM Information
Program Post Graduate Programme in Management [PGPM]
Study mode Full-time
Duration 2 years
Total fee INR 9.09 Lakhs
Other stated complete fee INR 8.11 Lakhs for the full two-year academic program

Subject to revision. Kindly check with the official sources to confirm

The current 2026 schedule does not provide separate rates for SC, ST, or PwD students. IBS Mumbai is a private deemed institution under the ICFAI Foundation and does not follow government-mandated fee-waiver structures. No category-wise concession is published, and students may check the official website for any merit-based or need-based scholarship programs.

IBS Mumbai Hostel and Mess Fees

Hostel and mess charges are billed separately from the PGPM academic fee of INR 8.11 Lakhs. IBS Mumbai has not included accommodation costs in this amount. Students should contact the Mumbai admissions office to confirm hostel availability, current accommodation charges, mess fees, and the combined cost of study and residence.

IBS Mumbai Courses and Fees FAQs

Ques. How much does the full PGPM course at IBS Mumbai cost?

Ans. The complete two-year PGPM fee is stated as INR 8.11 Lakhs. It covers the academic program and is the fee for the only degree program currently listed at the Mumbai campus. Hostel and mess expenses are charged separately.

Ques. What is the average PGPM cost for each semester?

Ans. PGPM has four semesters spread across two years. Using the total of INR 8.11 Lakhs, the average works out to INR 2.03 Lakhs per semester. The actual installment amounts may not be equal, so students should obtain the semester-wise payment plan from the IBS Mumbai admissions office before enrolling.

Ques. What is the fee difference between IBS Mumbai PGPM and IBS Hyderabad MBA?

Ans. IBS Mumbai lists the PGPM fee as INR 8.11 Lakhs, compared with INR 17.01 Lakhs for the IBS Hyderabad MBA. The difference is INR 8.90 Lakhs. Both are two-year, full-time management degrees in the ICFAI Business School network, although IBS Hyderabad is the flagship campus and charges the higher fee.

Ques. Who can apply for the PGPM at IBS Mumbai?

Ans. A student must have a bachelor’s degree in any discipline from a recognized university with at least 50 percent marks. Previous work experience is preferred but not required. Selection can be based on IBSAT, CAT, GMAT, NMAT, or GRE scores.

Ques. Are SC, ST, or PwD fee reductions available at IBS Mumbai?

Ans. IBS Mumbai has not published separate concessions for SC, ST, or PwD applicants in its 2026 fee schedule. As a private deemed institution under the ICFAI Foundation, it does not use government-mandated fee-waiver arrangements. Students can review the official IBS website for any merit-based or need-based scholarship options.

Ques. Are accommodation and meals covered by the IBS Mumbai course fee?

Ans. No. The stated PGPM fee of INR 8.11 Lakhs excludes hostel and mess costs, which are billed separately. The admissions office can confirm whether hostel places are available and provide the current accommodation charges for the Mumbai campus.

Ques. What will PGPM cost after adding hostel charges?

Ans. The academic fee is INR 8.11 Lakhs, but no combined figure is published because hostel and mess expenses are additional. Students should check the latest official IBS Mumbai fee notification to calculate the total cost after accommodation.

Ques. Can applicants use an entrance score other than IBSAT?

Ans. Yes. IBSAT is the main admission test, but IBS Mumbai also accepts valid CAT, GMAT, NMAT, and GRE scores. Applicants holding one of these scores may apply directly through the ICFAI Business School admission process.

Ques. Is there a separate IBS Mumbai application charge?

Ans. IBS Mumbai does not collect a separate institute application fee for PGPM. Students registering for IBSAT pay the entrance-test charge to the IBSAT organizing body. That registration cost is separate from the course fee of INR 8.11 Lakhs, and the latest amount is available through the official IBSAT portal.