ICFAI Business School Mumbai Salaries by 90+ Employees (Updated 2025)

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Marketing & Communication Teaching & Training Sales & Business Development Administration & Facilities + 3 more

Designation	Avg Annual Salary	Open Jobs
Finance Faculty 14 years exp. · Mumbai (AmbitionBox Estimate)	₹9 L/yr - ₹11.5 L/yr
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Assistant Manager Corporate Communication 7 years exp. · Mumbai (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
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MIS Executive 3 years exp. · Mumbai (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.6 L/yr
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Admin Executive 2 years exp. · Mumbai (AmbitionBox Estimate)	₹1 L/yr - ₹1.3 L/yr
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Senior Branch Manager 11 years exp. · Mumbai (AmbitionBox Estimate)	₹5.2 L/yr - ₹11 L/yr
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Placement Manager 12 years exp. · Mumbai (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr	2 job openings
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Administration Executive 9 years exp. · Mumbai (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.4 L/yr
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Assistant Manager Sales & Marketing 3 years exp. · Mumbai (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
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Faculty Member 6 years exp. · Mumbai (AmbitionBox Estimate)	₹8 L/yr - ₹11.7 L/yr
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Customer Service Officer 4 years exp. · Mumbai (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
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System Manager 20 years exp. · Mumbai (AmbitionBox Estimate)	₹0.8 L/yr - ₹1 L/yr
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Information Technology Assistant 2 years exp. · Mumbai (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr
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Marketing Associate Fresher · Mumbai (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
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Office Clerk 4 years exp. · Mumbai (AmbitionBox Estimate)	₹1 L/yr - ₹1.3 L/yr
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Academic Specialist 14 years exp. · Mumbai (AmbitionBox Estimate)	₹12.2 L/yr - ₹15.5 L/yr
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Campus Recruiter 6 years exp. · Mumbai (AmbitionBox Estimate)	₹12.6 L/yr - ₹16.1 L/yr
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Digital Ambassador 2 years exp. · Mumbai (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
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Senior Administrative Assistant 9 years exp. · Mumbai (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr
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Assistant Manager Administrator 19 years exp. · Mumbai (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr
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Assistant Manager 3 - 10 years exp. · Mumbai (16 salaries)	₹4 L/yr - ₹6 L/yr
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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Salary related reviews for ICFAI Business School

3.0

Rated by 16 employees for salary & benefits

Markerting Officer in Mumbai

Other Department

3.0

• posted on 28 Mar 2018

3.0

for Salary and Benefits

Likes

On time salary, You get plenty of time in the slack period. Freedom to do the work the way you wish to do it. Targets are achievable if you have good networking. You will get many opportunities for personal development.

Dislikes

Appraisals are slow, a lot of corruption at the branch level, work is bit monotonous.

Skill development - Poor

+3 more

Manager in Hyderabad / Secunderabad

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 08 Sep 2024

1.0

for Salary and Benefits

Likes

On time salary payments

Dislikes

Claims are paid after 3-4 months Irregular DA payments No job security in Probation period No fund allotment No freedom No say in company policies No benefit Outdated university and work ethics

Salary - Bad

+6 more

Assistant Manager in Udaipur

Full Time

Teaching & Training Department

3.0

• posted on 22 Aug 2024

2.0

for Salary and Benefits

Likes

The only benefit working at IBS is that they credit your salary on time

Dislikes

A person can not have their own personal life at IBS . Even the incentive is not being credited on time . There’s no job security at IBS

Salary - Poor

+5 more

Senior Marketing Officer in Kanpur

Full Time

Sales & Business Development Department

2.0

• posted on 01 Dec 2023

1.0

for Salary and Benefits

Likes

Nothing as such ,Tier 2 college ,only average student apply to this college

Dislikes

This company is just being run by employees salary as they are are filling the students' from their own salary , by this you will be giving half of your salary every month

Salary - Bad

+4 more

Marketing Officer in Nashik

Full Time

Marketing & Communication Department

2.0

• posted on 13 Dec 2023

2.0

for Salary and Benefits

Likes

Only flexibility

Job security - Good

Dislikes

No salary hikes No clearity in organisation, no hierarchy followed..no one knows about the product and system except marketing officers. Manager have no responsibility no in time no out time only ask for sale sale daily. Too much politics..

Salary - Poor

+3 more

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ICFAI Business School interview questions by designations

Branch Manager (4)Marketing Officer (4)Assistant Manager (2)Marketing Office Executive (1)

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Know more about ICFAI Business School Mumbai

ICFAI Business School Salary FAQs

How much does ICFAI Business School pay to its employees?

The average annual salary at ICFAI Business School varies depending on the role, experience, and location. The salary ranges for some popular designations at ICFAI Business School, are as follows:

Finance Faculty	₹9 Lakhs to ₹11.5 Lakhs per year
Assistant Manager Corporate Communication	₹4.5 Lakhs to ₹5.8 Lakhs per year
MIS Executive	₹2.8 Lakhs to ₹3.6 Lakhs per year
Admin Executive	₹1 Lakhs to ₹1.3 Lakhs per year

The highest-paying role, Assistant Professor, earns between ₹8.8 Lakhs to ₹16.2 Lakhs per year. The top 10% of employees earn more than ₹9 Lakhs per year, and the top 1% earn over ₹21.9 Lakhs per year. Salaries at ICFAI Business School can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These salary estimates are based on data from 94 salaries submitted by ICFAI Business School employees. ICFAI Business School is rated 3.0 out of 5 stars by its employees on the salary and benefits parameter.

What is the salary of a fresher at ICFAI Business School in Mumbai?

The salary of a fresher at ICFAI Business School in Mumbai typically ranges from ₹2.2 Lakhs to ₹4 Lakhs per year.This can vary depending on the role, location, and any additional perks or bonuses offered. For example:

Fresher as a Marketing Officer Salary	₹2.2 Lakhs to ₹4 Lakhs per year
Fresher as a Senior Marketing Officer Salary	₹3 Lakhs to ₹4 Lakhs per year
Fresher as a Telecalling Executive Salary	₹2.4 Lakhs to ₹3 Lakhs per year
Fresher as a Tele Counsellor Salary	₹1.9 Lakhs to ₹2.5 Lakhs per year

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Average annual salary in ICFAI Business School , Mumbai is INR . Salary estimates are based on 90+ ICFAI Business School latest salaries received from various employees of ICFAI Business School.