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ICFAI Business School- The Complete Admission Guide

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Entrance Exams

ICFAI Business School (IBS) offers more than 4000 seats across its 9 constituent institutes to MBA aspirants. With an alumni base of 66000+ and a world-class infrastructure, IBS institutes represent academic quality and integrity. Students of IBS are the crème de la crème of the business world, proving their mettle in diverse sectors in reputed organisations across the world. If you’re wondering how to get into IBS, read on to acquaint yourself with the admission process.

Eligibility

First things first, before thinking of purchasing the IBSAT bulletin, it is best that you ascertain whether you fulfil the eligibility criteria. Here’s the list of criteria you need to fulfil. 

  • A graduate in any discipline with 50% and above marks with English as the medium of instruction.

  • Candidates should have gone through 15 years of education, in 10+2+3 or 10+2+4 structure.

  • Undergraduates in their final year of bachelor’s course can also apply.

  • Those candidates who do not have English as medium of instruction need to submit TOEFL/NELT/IELTS scores.

IBSAT 2023

If you meet the eligibility criteria given above, you can apply for the IBSAT 2023 entrance exam, which is your key to enter the IBS family. Follow the following process to apply for IBSAT 2023.

1. Online/Over the counter Application

 IBS gives you both the options to purchase the IBSAT 2023 bulletin. 

  • You can purchase the IBSAT 2023 bulletin online by submitting your details and Rs 1800. 

  • In the offline mode, candidates can purchase the bulletin at any of the marketing offices of IBS near them.

2. Nature of IBSAT 2023

  • IBSAT 2023 is a Computer Based Test (CBT) conducted online.

  • It is a 2 hour test, consisting of multiple choice questions.

  •  The sections test quantitative reasoning, data interpretation, data adequacy, vocabulary, analytical reasoning and reading comprehension skills.

3. IBSAT 2023- Dates to Remember

IBSAT 2023 Application

1st July 2023 to 16 December 2023

IBSAT 2023 Test Dates

23rd-24th December 2023

IBSAT 2023 Results

First week of January 2024

Selection Briefings

Second week of January 2024

Selection Process 

February/March 2024

4. IBS Selection Process 

  • The selection process consists of Group Discussion and Personal Interview Rounds.

  • Candidates who have qualified on the basis of these exams- IBSAT 2023/GMAT/NMAT by GMAC/CAT/XAT are called for the selection process.

  • The final selection is done considering a candidate’s past academic performance, Group Discussion and Personal Interview. 

5. IBS Fees

Finally, after the selection process, candidates can submit the requisite fees to secure their admission. The details of the fee structure in various institutes is as follows:

MBA in IBS Hyderabad

Rs. 8.01 Lakhs Per Year

MBA in IBS Bengaluru

Rs. 6.03 Lakhs Per Year

MBA in IBS Dehradun and IBS Jaipur

Rs. 3.015 Lakhs Per Year

PGPM in IBS Ahmedabad, IBS Gurgaon, IBS Kolkata, IBS Mumbai, IBS Pune

Rs. 4.545 Lakhs Per Year

*Living expenses are extra

Use the information given above as a guide to understand the application and selection process of your preferred business school-the IBS brand. 

Stay informed, Stay ahead and Stay inspired with MBA Rendezvous.