University of Mumbai [MU]

MBA Fees:

Apply Now at University of Mumbai [MU]

VS
ICFAI Business School, Mumbai

MBA Fees: ₹9.09 Lakhs

Apply Now at ICFAI Business School, Mumbai

University of Mumbai [MU] vs ICFAI Business School, Mumbai

Compare University of Mumbai [MU] MBA/PGDM and ICFAI Business School, Mumbai MBA/PGDM course based on their Fees, Placements, Courses, specializations, Ranking and other details. University of Mumbai [MU], established in , is one of India’s leading institutes located in Mumbai, offering an MBA/PGDM program with a fee structure of . The average package is INR 7.89 LPA and the highest package is INR 20 LPA . On the other hand, ICFAI Business School, Mumbai, established in 1995, is a Private institution offering MBA/PGDM programs with a fee structure ranging from ₹9.09 Lakhs. The average placement package is INR 4.5 LPA and the highest package is INR 8 LPA. Check the detailed comparison about the on University of Mumbai [MU] and ICFAI Business School, Mumbai all parameters and get full information on MBA/PGDM Admission details, Placement Packages, Eligibility criteria, exams accepted etc.

Category	University of Mumbai [MU]	ICFAI Business School, Mumbai
IBS Mumbai Brochure	N/A	Download Now
Highest international package	N/A	INR 11.13 LPA
Highest domestic package	N/A	INR 18.8 LPA
Flagship Course	N/A	MBA/ PGDM
Ownership Type	N/A	Private
Establishment Year	N/A	1995
Campus Size	N/A	3.4 acre
Location	Vidya Nagari, Kalina, Santacruz East, Mumbai, Maharashtra	Powai, Mumbai
Official Website	mu.ac.in/	ibsindia.org
Particulars	MU Highlights 2026	PGPM Placement Statistics (2023)
Recognised By	N/A	UGC
Scholarships offered	N/A	Merit-and-mean based
Shiksha Reviews (Overall)	4.0/ 5	N/A
Popular Courses	MBA, BTech, BSc	N/A
Rankings	- 664 QS World University Rankings 2026 - 245 QS Asia Rankings 2026 - 54 NIRF 2025 (University) - 92 NIRF 2025 (Overall) - 12 NIRF 2025 (State Public University)	N/A
Establishment year	1857	N/A
Ownership	State University	N/A
MU Results 2025	Click here	N/A
Admission Based	Merit or Entrance Based	N/A
Affiliated Colleges	781	N/A
Also Known As	University of Mumbai	N/A
Application Process	Online	N/A
Entrance Exams Accepted	CUET, MHT CET, MAH CET, JEE Main, NEET, CMAT	N/A
Scholarships Offered	Merit Scholarships	N/A
Total Campuses	2 (Vidyanagri & Fort)	N/A

University of Mumbai [MU]

MBA Fees:

Apply Now at University of Mumbai [MU]
ICFAI Business School, Mumbai

MBA Fees:₹9.09 Lakhs

Apply Now at ICFAI Business School, Mumbai
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Basic Information	University of Mumbai [MU]	ICFAI Business School, Mumbai
Established Year		1995
Type	Govt	Pvt
Fee		₹9.09 Lakhs
Location	Mumbai	Mumbai
Ranking	#176 Business Today	Top 10 in Mumbai
Median Salary	3.2	₹ 8.03 LPA
College rating
Exam Accepted	MAH CET, CAT, CMAT, MAT, XAT, GMAT, ATMA	CAT, XAT, NMAT, IBSAT
Course	72 Courses	4 Courses

University of Mumbai [MU] and ICFAI Business School, Mumbai Ranking Statistics

Business Today Ranking

Institute Name	2022	2023	2024
University of Mumbai [MU]	185	176	173

Placement Detail (2023)

University of Mumbai [MU] is one of the best MBA/PGDM colleges in Mumbai, with good ROI. ICFAI Business School, Mumbai is situated in Mumbai. Both institutes provide good placements when we compare the return on investment for the MBA/PGDM course. When we compare University of Mumbai [MU] with ICFAI Business School, Mumbai, University of Mumbai [MU] offered an average package of Rs INR 7.89 LPA, whereas ICFAI Business School, Mumbai offered Rs INR 4.5 LPA as the average package in 2024 placement.

Particulars	University of Mumbai [MU]	ICFAI Business School, Mumbai
Highest Domestic Package 2024	N/A	INR 20 LPA
Highest International Package 2024	N/A	INR 18.00 LPA
Average Package 2024	N/A	INR 8.03 LPA
Top 10% average package	N/A	INR 13.56 LPA
Top 25% average package	N/A	INR 11.45 LPA
Placement rate	N/A	98.00%
Highest package	INR 9.75 LPA	N/A
Average package	INR 5.33 LPA	N/A
Median package	INR 6 LPA	N/A
B.E. / B.Tech	₹2.75 - ₹11.92 LPA	N/A
B.Sc.	₹1.18 - ₹28.54 LPA	N/A
B.Com	₹1.18 - ₹28.54 LPA	N/A
Blue Star	Axis Bank	N/A
Haldiram’s	Kotak Life	N/A
Indiamart	Borosil	N/A
GEP	Piramal	N/A
IDFC First Bank	Sun Petrochemicals	N/A
Finance	INR 6.8 LPA	N/A
Marketing	INR 6.5 LPA	N/A
HR	INR 5 LPA	N/A
Operations	INR 4.2 LPA	N/A
Top Recruiters	N/A	ICICI Bank, HDFC Bank, Deloitte, J.P. Morgan Services India Pvt. Ltd., IDFC First Bank, EY India and Federal Bank
	View All Placement	View All Placement
View More

University of Mumbai [MU] and ICFAI Business School, Mumbai Placement Statistics – Salary, Top Recruiters, and Placement Trends

Average Package

Highest Package

Placement Rate

Course Details

University of Mumbai [MU] offer MBA/PGDM and ICFAI Business School, Mumbai offer MBA/PGDM. Find below the course comparison of University of Mumbai [MU] vs ICFAI Business School, Mumbai:

MBA/PGDM

Ph.D.

A.M.E.

After 10th Diploma

ANM

B.A.

B.A. LL.B.

B.Arch

B.B.M.

B.Com

B.Des

B.E. / B.Tech

B.Ed

B.L.S. LL.B.

B.Lib.I.Sc.

B.M.C.

B.M.M.

B.M.M.M.C.

B.P.Ed

B.Pharma

B.Sc.

B.Voc

BBA

BBA LL.B.

BBA LL.B. (Hons)

BBM/BMS

BCA

BFA

BFM

BHM

BHMTT

BPA

BSW

Certificate

D.Ed

Executive MBA/PGDM

LL.B.

LL.M.

M.A.

M.Arch

M.Com

M.E./M.Tech

M.Ed

M.J.M.C.

M.Lib.I.Sc.

M.Lib.Sc.

M.P.Ed

M.Pharma

M.Phil

M.Sc.

Master of Surgery

MBBS

MCA

MFA

MHMTT

MMS

MPA

MSW

PG Diploma

UG Diploma

Particulars	University of Mumbai [MU]	ICFAI Business School, Mumbai
Fee	₹18.58 K - 8.41 L	₹8.29 L
Exam	MAH CET, CAT, CMAT, MAT, XAT, ATMA, GMAT, Sports Management Admission Test (SMAT), NMAT, CBSE 12th,	NMAT, XAT, IBSAT, CAT
Duration	1 year - 5 years	2 years
Median Salaray	₹0.5 - 15 LPA
Fee	₹24 K - 2.56 L
Exam	GATE, SET, ICMR, JRF, UGC NET
Duration	2 - 6 years	3 years
Median Salaray	– / –
Fee		N/A
Exam	CBSE 12th, Maharashtra HSC	N/A
Duration	3 years	N/A
Median Salaray	– / –	N/A
Fee	₹400 - 8.1 K	N/A
Exam	CBSE 10th, ICSE, Maharashtra SSC,	N/A
Duration	150 hours - 3 years	N/A
Median Salaray	– / –	N/A
Fee		N/A
Exam	CBSE 12th, Maharashtra HSCISC,	N/A
Duration	2 years	N/A
Median Salaray	– / –	N/A
Fee	₹2.4 K - 14.64 L	N/A
Exam	CBSE 12th, Maharashtra HSC Mumbai University Admission, ISC, UP 12th, BIEAP, MPBSE, 12th, GSEB, HSC UK, 12th,	N/A
Duration	3 - 5 years	N/A
Median Salaray	₹1.18 - 7.5 LPA	N/A
Fee		N/A
Exam	CBSE 12th, Maharashtra HSC, MHCET Law	N/A
Duration	3 - 5 years	N/A
Median Salaray	– / –	N/A
Fee		N/A
Exam	NATA, MAH CET, MHT CET, CBSE 12th, Maharashtra HSC, JEE Main	N/A
Duration	5 years	N/A
Median Salaray	₹1.8 - 3.05 LPA	N/A
Fee		N/A
Exam	Mumbai University Admission, CBSE 12th, Maharashtra HSC	N/A
Duration	3 years	N/A
Median Salaray	₹1.9 - 4 LPA	N/A
Fee	₹2.4 K - 3.05 L	N/A
Exam	CBSE 12th, Maharashtra HSC Mumbai University Admission, BIEAP, CUET, ISC, MPBSE, 12th, GSEB, HSC UP, 12th, PSEB 12th,	N/A
Duration	3 years	N/A
Median Salaray	₹1.18 - 28.54 LPA	N/A
Fee		N/A
Exam	CBSE 12th, ISC, Maharashtra HSC	N/A
Duration	4 years	N/A
Median Salaray	– / –	N/A
Fee		N/A
Exam	JEE Main, MHT CET, CBSE 12th, Maharashtra HSC, CUET, ICAR, AIEEA, MAH CET	N/A
Duration	3 - 4 years	N/A
Median Salaray	₹2.75 - 11.92 LPA	N/A
Fee	₹16.08 K - 2.58 L	N/A
Exam	MAH B.Ed CET	N/A
Duration	1 year - 3 years	N/A
Median Salaray	– / –	N/A
Fee		N/A
Exam	MHCET Law, CBSE 12th, Maharashtra HSC	N/A
Duration	5 years	N/A
Median Salaray	– / –	N/A
Fee	– / –	N/A
Exam	– / –	N/A
Duration	1 year	N/A
Median Salaray	– / –	N/A
Fee		N/A
Exam	CBSE 12th, Maharashtra HSC	N/A
Duration	3 years	N/A
Median Salaray	– / –	N/A
Fee	₹30 K - 2.58 L	N/A
Exam	CBSE 12th, Maharashtra HSC Mumbai University Admission, CUET, ISC, MPBSE, 12th	N/A
Duration	3 - 4 years	N/A
Median Salaray	₹1.2 - 28.54 LPA	N/A
Fee		N/A
Exam	CBSE 12th,	N/A
Duration	3 years	N/A
Median Salaray	₹2.5 LPA	N/A
Fee	– / –	N/A
Exam	MAH CET	N/A
Duration	2 - 3 years	N/A
Median Salaray	– / –	N/A
Fee		N/A
Exam	MHT CET, NEET, CBSE 12th, Maharashtra HSC	N/A
Duration	3 - 4 years	N/A
Median Salaray	₹1.8 - 4.5 LPA	N/A
Fee	₹2.4 K - 22.35 L	N/A
Exam	CBSE 12th, Maharashtra HSC Mumbai University Admission, ISC, MPBSE, , 12th, UP 12th, GSEB, HSC, BIEAP, CUET, NEST	N/A
Duration	2 - 5 years	N/A
Median Salaray	₹1.18 - 28.54 LPA	N/A
Fee		N/A
Exam	CBSE 12th, Maharashtra HSC Mumbai University Admission, ISC,	N/A
Duration	3 years	N/A
Median Salaray	₹2 - 6.5 LPA	N/A
Fee		N/A
Exam	CBSE 12th, Maharashtra HSC Mumbai University Admission, Sports Management Admission Test (SMAT)ISC,	N/A
Duration	3 - 5 years	N/A
Median Salaray	₹1.32 - 4 LPA	N/A
Fee	₹1.69 L	N/A
Exam	MHCET Law, CBSE 12th, Maharashtra HSC	N/A
Duration	5 years	N/A
Median Salaray	₹4 LPA	N/A
Fee	– / –	N/A
Exam	MHCET Law	N/A
Duration	5 years	N/A
Median Salaray	– / –	N/A
Fee	₹15 K - 8.1 L	N/A
Exam	CBSE 12th, Maharashtra HSC Mumbai University Admission, ISC, CUET, Trans Stadia Eligibility Test (TET), MAH CET, CBSE	N/A
Duration	3 - 4 years	N/A
Median Salaray	₹1.2 - 28.54 LPA	N/A
Fee		N/A
Exam	CBSE 12th, Maharashtra HSC	N/A
Duration	3 years	N/A
Median Salaray	– / –	N/A
Fee	₹26.8 K - 8 L	N/A
Exam	MAH AAC CET, CBSE 12th, Maharashtra HSC	N/A
Duration	4 years	N/A
Median Salaray	– / –	N/A
Fee		N/A
Exam	CBSE 12th, Maharashtra HSC	N/A
Duration	3 years	N/A
Median Salaray	– / –	N/A
Fee		N/A
Exam	CBSE 12th, Maharashtra HSC	N/A
Duration	3 years	N/A
Median Salaray	– / –	N/A
Fee		N/A
Exam	CBSE 12th, Maharashtra HSC	N/A
Duration	3 years	N/A
Median Salaray	– / –	N/A
Fee	– / –	N/A
Exam	CBSE 12th, Maharashtra HSC	N/A
Duration	3 years	N/A
Median Salaray	₹4.5 LPA	N/A
Fee	– / –	N/A
Exam	CBSE 12th, Maharashtra HSC	N/A
Duration	3 years	N/A
Median Salaray	– / –	N/A
Fee	₹300 - 40 K	N/A
Exam	CBSE 10th, Maharashtra SSC, ISC, ICSE CBSE 12th, Maharashtra HSC	N/A
Duration	5 hours - 1 year	N/A
Median Salaray	– / –	N/A
Fee	– / –	N/A
Exam	CBSE 12th, Maharashtra HSC	N/A
Duration	1 year	N/A
Median Salaray	– / –	N/A
Fee		N/A
Exam	– / –	N/A
Duration	1 year - 18 months	N/A
Median Salaray	– / –	N/A
Fee	₹20 K - 1.7 L	N/A
Exam	MHCET Law	N/A
Duration	2 - 5 years	N/A
Median Salaray	– / –	N/A
Fee	– / –	N/A
Exam	– / –	N/A
Duration	2 years	N/A
Median Salaray	₹15 LPA	N/A
Fee	₹2 K - 8.41 L	N/A
Exam	MAH CET, CBSE 12th, Maharashtra HSC, ISC, SMAT	N/A
Duration	2 - 5 years	N/A
Median Salaray	₹1.6 - 15 LPA	N/A
Fee	₹1 L - 2.13 L	N/A
Exam	MAH, MArch, CETMAH CET	N/A
Duration	2 - 3 years	N/A
Median Salaray	₹2.5 - 4.2 LPA	N/A
Fee	₹2 K - 1.6 L	N/A
Exam	MAH CET	N/A
Duration	2 - 3 years	N/A
Median Salaray	₹1.53 - 15 LPA	N/A
Fee		N/A
Exam	GATE, MHT CET, MTech	N/A
Duration	2 years	N/A
Median Salaray	₹3.4 - 7.5 LPA	N/A
Fee	₹42 K - 1.36 L	N/A
Exam	MAH B.Ed CET, PERA CET, MAH CET	N/A
Duration	2 years	N/A
Median Salaray	₹15 LPA	N/A
Fee		N/A
Exam	– / –	N/A
Duration	2 years	N/A
Median Salaray	– / –	N/A
Fee	– / –	N/A
Exam	– / –	N/A
Duration	2 years	N/A
Median Salaray	₹15 LPA	N/A
Fee		N/A
Exam	MAH CET	N/A
Duration	3 years	N/A
Median Salaray	– / –	N/A
Fee	– / –	N/A
Exam	MAH B.Ed CET	N/A
Duration	2 years	N/A
Median Salaray	₹15 LPA	N/A
Fee		N/A
Exam	GPAT	N/A
Duration	2 years	N/A
Median Salaray	₹2.15 - 5.25 LPA	N/A
Fee		N/A
Exam	– / –	N/A
Duration	1 year - 2 years	N/A
Median Salaray	– / –	N/A
Fee	₹16.11 K - 8.41 L	N/A
Exam	MAH CET, NEST, KVPY, CBSE 12th, CAT, Maharashtra HSC, MHT CET, Sports Management Admission Test (SMAT)ACETUPSC	N/A
Duration	1 year - 5 years	N/A
Median Salaray	₹1.1 - 21 LPA	N/A
Fee		N/A
Exam	– / –	N/A
Duration	2 years	N/A
Median Salaray	– / –	N/A
Fee	– / –	N/A
Exam	NEET	N/A
Duration	66 months	N/A
Median Salaray	₹4 LPA	N/A
Fee	₹30 K - 3.63 L	N/A
Exam	MAH MCA CET, CUET-PG	N/A
Duration	2 - 3 years	N/A
Median Salaray	₹3.8 - 15 LPA	N/A
Fee	₹20 K	N/A
Exam	– / –	N/A
Duration	2 years	N/A
Median Salaray	₹15 LPA	N/A
Fee		N/A
Exam	– / –	N/A
Duration	1 year - 2 years	N/A
Median Salaray	₹15 LPA	N/A
Fee		N/A
Exam	MAH CET, CMAT, CAT, MAT, XAT, ATMA, GMAT	N/A
Duration	2 - 3 years	N/A
Median Salaray	₹3.8 - 27.6 LPA	N/A
Fee	– / –	N/A
Exam	– / –	N/A
Duration	2 years	N/A
Median Salaray	– / –	N/A
Fee	₹60 K	N/A
Exam	– / –	N/A
Duration	2 years	N/A
Median Salaray	₹15 LPA	N/A
Fee	₹550 - 6.61 L	N/A
Exam	NEET PGCBSE 12th, ISC, Maharashtra NEET PG, Maharashtra HSC	N/A
Duration	10 months - 2 years	N/A
Median Salaray	₹2.4 - 15 LPA	N/A
Fee	₹440 - 1.25 L	N/A
Exam	CBSE 12th, Maharashtra HSC, ISC,	N/A
Duration	5 days - 2 years	N/A
Median Salaray	– / –	N/A
	View All Courses	View All Courses

Admission Info

Particulars	University of Mumbai [MU]	ICFAI Business School, Mumbai
Popular programme	BTech\| MBA	N/A
Level of programme offered	UG, PG, Diploma, Doctoral	N/A
How to apply?	https://mu.ac.in/admission	N/A
Admission status 2025	Opening Soon	N/A
Programme Offered	200+ courses across multiple specialisations	N/A
Mode of Study	Full-Time/ Distance	N/A
	View All Admission	View All Admission
View More

Institutes Specialization Details

University of Mumbai [MU] is located in Mumbai. ICFAI Business School, Mumbai is located in Mumbai. The Fees for the MBA/PGDM program in University of Mumbai [MU] is and the fee for MBA/PGDM program in ICFAI Business School, Mumbai is ₹9.09 Lakhs When we compare University of Mumbai [MU] with ICFAI Business School, Mumbai, University of Mumbai [MU] offers the average package of INR 5.33 LPA, whereas ICFAI Business School, Mumbai offers N/A, as the average package. According to the ROI offered University of Mumbai [MU] / ICFAI Business School, Mumbai is better.

Particulars	University of Mumbai [MU]	ICFAI Business School, Mumbai
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Campus Infrastructure Details

Particulars	University of Mumbai [MU]	ICFAI Business School, Mumbai

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