ICFAI Business School (IBS) employs a strict admissions procedure to identify applicants with outstanding academic and leadership potential for their MBA/PGPM programs. To get entry into IBS, which is regarded as one of the best B-schools in India, you must pass several crucial steps:
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Completing the IBSAT admission exam,
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Reviewing results from other standardized tests, and
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Doing in-person interviews and group discussions.
In addition to the above steps, IBS also considers the overall profile of the candidate, including academic performance, extracurricular activities, and professional achievements.
IBSAT 2024 Registrations are Open
This process guarantees that the selected individuals are prepared for the demands of the program and for upcoming leadership positions.
Let’s explore the admission process for ICFAI Business School thoroughly.
How Do I Get Admission into IBS for MBA/PGPM Program?
First of all, we need to look at the overall factors that determine one’s eligibility for the IBS programs.
Eligibility Criteria
You must meet the below-mentioned criteria if you want to apply for IBS’s MBA/PGPM programs at IBS:
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A bachelor's degree from a recognized university with at least 50% marks.
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The medium of instruction should be English. If not, you must submit TOEFL, NELT, or IELTS scores.
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Students should have completed at least 15 years of education, following the 10+2+3 or 10+2+4 system.
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Those in their final year of graduation can apply if they complete their graduation requirements by the time of the admission year, generally 31st May. Their admission will only be confirmed once candidate submit their final marks and degree certificate by November 01, 2025.
Important: Eligibility will be checked starting in August 2025, so it’s the student’s responsibility to make sure they meet all the requirements.
Application Procedure: Step By Step Explained
#1 Getting Started with IBS
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Head online to IBS's application portal. You can apply for any of the 9 IBS campuses through this unified IBSAT 2024 application portal.
#2 Filling Out the Application
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Register using your email and phone number. Once registered, complete the online application form by providing additional details.
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Such as, upload scanned copies of required documents:
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Academic certificates
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Identification proof
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Work experience certificates (if applicable)
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#3 Submitting Your Application
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Thoroughly check your applications. Upon confirmation from your side, pay the non-refundable application fee - INR 1,800, using the available online options. Make sure you collect the receipt.
#4 Payment Confirmation:
Once your payment is successful, you will get a confirmation message via email and SMS on the email address and phone number you provided.
#5 Brochure Delivery:
After you finish the entire application process, you will receive a physical copy of the IBSAT Brochure within one week.
Any queries related to courses, admission, scholarship or additional details are addressed by IBS dedicated department, you can contact the IBS Support Team here.
Admission Test: ISBAT
The IBSAT, or IBS Aptitude Test, is an essential phase in the admissions procedure. This online exam measures an applicant's ability in multiple ways.
Let’s look at a few important things about IBSAT:
- The format: There will be a multiple-choice question (MCQs), which should be answered in 2 hours.
- The sections: The exam is divided into four sections.
Here’s the Section-wise Breakdown with number of questions asked:
Section Title |
Number of Questions |
I. Verbal Ability |
50 |
II. Reading Comprehension |
30 |
III. Quantitative Aptitude |
30 |
IV. Data Adequacy & Data Interpretation |
30 |
Total |
140 |
Mock Tests: IBS also provides 2-3 online mock tests that candidates can opt to take before the actual IBSAT.
(Important Note: Candidates qualified in CAT/NMAT by GMACTM/XAT/GMATTM with valid scores from 2022 onwards need not to appear for IBSAT Test.)
Selection Process
Students who score well in the IBSAT 2024 exam, or in other exams like CAT, NMAT, XAT, or GMAT, will be invited to the selection process in February or March 2025. This process has two main parts: a Micro Presentation and a Personal Interview.
Step 1: Micro Presentation
In this part, students will show how well they can communicate and present their ideas. They will be given three topics and must choose one to talk about. They get 1 minute to prepare and 3 minutes to give their presentation.
Step 2: Personal Interview
After the presentation, students will have a Personal Interview that lasts about 5-7 minutes. During this interview, a panel will look at their attitude, goals, knowledge, and communication skills. They will also check if the student is a good fit for a management career.
Step 3: Final Decision
The final decision on who gets admitted will be based on the student’s past academic performance and how well they do in the Micro Presentation and Personal Interview.
At last, those who are selected will be confirmed through email. They’ll have a deadline for confirming their acceptance and paying the admission fee
Important Dates For MBA/PGPM Admission
It is quite essential that applicants keep in mind important dates associated with the admissions process. A typical timeline appears like this:
IBSAT Applications Start Date | July 01, 2024 |
IBSAT Applications End Date | 3rd Week of December 2024 |
IBSAT Test Dates | 28th, 29th December 2024 |
IBSAT Result | 1st week of January 2025 |
Selection Briefings | 2nd Week of January 2025 |
Selection Process | MBA/PGPM Program : During February March 2025 |
IBSAT 2024 Registrations are Open
Please note that, it's critical to often visit the IBS website for announcements and updates on the admissions process.
Why Choose IBS?
Choosing IBS for your MBA/PGPM offers several advantages:
1. Reputation and Ranking: IBS holds prestigious accreditations such as AACSB and ranks #39 in NIRF 2024. It also has a NAAC A++ ranking. The school is known for its Entrepreneurship Center and famous Case Research Center. It is also approved by UGC, AICTE, and AIU.
2. Placement Records: IBS maintains a high placement rate, with over 95% of students securing jobs every year. At IBS, the highest international CTC recorded is INR 36.76 LPA, and the highest national CTC is INR 26.19 LPA. The main recruiters from IBSAT are Financial Services, Banking, IT services and Consulting.
3. Alumni Network: More than 70,000 IBS alumni are working in prominent managerial & leadership roles worldwide. For freshers, it is an indication of strong network for career growth and opportunities waiting for them at IBS.
Conclusion
The MBA/PGPM programs at ICFAI Business School choose applicants based on their academic performance as well as their proven skills in leadership and management. IBS is a popular option for aspiring management professionals because of its thorough application procedure, reasonable fees, significant scholarship program, and excellent placement history. Overall, IBS provides a demanding and fruitful route to success for anyone hoping to have a big influence in the business sector.
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