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IBSAT 2023 Result will be Announced!

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IBSAT Result 2023

The IBSAT exam 2023 will be held on 23rd and 24th December 2023. It will be an online (computer-based) exam and will be conducted by the ICFAI Business School, Hyderabad. IBSAT 2023 aspirants will get to know their results in 1’st week January 2024

The IBSAT 2023 result announced: It will be announced in 27th December, 2023 and will be declared by IBS Hyderabad. The candidates can log in with their registration credentials and check their result for IBSAT 2023 exam online. The IBSAT 2023 score makes you eligible for the MBA and PGPM programs at all the nine branches of ICFAI Business School. Let us take you through the details regarding the IBSAT exam result 2023.

IBSAT Result 2023: Important Dates



IBSAT application form date of release

1stJuly, 2023

IBSAT registration last date

16th December 2023

IBSAT admit card date

3rd week of December 2023

IBSAT exam date

23rd and 24th December 2023

IBSAT result

27th December, 2023

Briefing about selection

2nd week of January, 2024

IBSAT Selection process starts from

MBA/PGPM Program: February 10th-18th February 2024

IBSAT Registration 2023: How to Check Result

  1. Go to the official website and go to Admissions > IBSAT2023 Results
  2. You can click directly here - https://admissions.ibsindia.org/ibsat2023/application/
  3. Login using your credentials on the result page: Application No. & Password


  4. Click on login and view the IBSAT result card on the screen.

Note: Please note that IBSAT can be written only once in a year.

IBSAT Result 2023: Scorecard

The candidates can download the IBSAT 2023 result card from the official website after the result will declare. The scorecards along with IBSAT admit card 2023 must be kept safely by the candidates for the further selection process. The following details are available on the IBSAT 2023 scorecard:

  1. Candidate’s Name & Roll Number
  2. Registration Number
  3. IBSAT Rank
  4. Date of Exam and Time
  5. Exam Venue
  6. Candidate’s Photograph
  7. Candidate’s Signature


IBSAT Result 2023: Result Calculation

The IBSAT 2023 exam result is calculated based on:

  1. No. of Sections – There are four sections –
    • Data Interpretation and Data Adequacy
    • Reading Comprehension
    • Vocabulary
    • Quantitative Techniques


  1. Marking Scheme – The marking scheme for the IBSAT 2023 exam is –
  • Correct Answer: +1
  • Incorrect Answer: 0, i.e. there is no negative marking


  1. Result Computation – The IBSAT 2023 score is calculated -
    • IBSAT 2023 Score = Number of Correct Answers * 1


IBSAT Result 2023: Result Trends

After the IBSAT result 2023 will be announced in 1st week of January 2024, the selection briefings will be from  2nd week of January 2024. The candidates will be shortlisted for further rounds (group discussion & personal interview) after clearing the IBSAT cutoff. Other than the IBSAT 2023 score the other scores that are considered are GMAT ®/ NMAT by GMAC TM /CAT/XAT scores (from 2021 onwards) for admission to the following.

The IBSAT 2023  cutoff marks are declared institute wise.


Courses Offered

ICFAI Business School - [IBS] - Bengaluru


ICFAI Business School - [IBS] - Gurgaon

PGPM – Finance, Marketing, HR

ICFAI Business School - [IBS] - Hyderabad

MBA - Finance, Marketing, OM, HRM, ITSM and PGP in Analytics

ICFAI Business School - [IBS] - Mumbai


IBSAT Result 2023: Results Accepted

IBS colleges accept the following scores:

  1. The IBSAT 2023 result will be out, and the individual cutoffs for the various ICFAI institutes will also be released.202
  2.  GMAT ®/ NMAT by GMAC TM /CAT/XAT scores (from 2021 onwards) for admission to the following.

IBSAT Result 2023: Selection Briefings

After all the results – IBSAT 2023/ GMAT ®/ NMAT by GMAC TM /CAT/XAT scores (from 2021 onwards) and IBSAT 2023 results and scorecards are out next step is the SELECTION BRIEFINGS.

  1. The selection briefings will be from 2nd week of January 2024
  2. The selection briefings are a series of seminars that provide detailed information and insight regarding the programs offered and processes followed at ICFAI Business Schools
  3. The shortlisted candidates are informed prior about the location and date of these sessions.

IBSAT Result 2023: Group Discussions

After the selection briefings will be conducted the candidates shortlisted based on their IBSAT 2023/ GMAT ®/ NMAT by GMAC TM /CAT/XAT scores (from 2021 onwards) cutoff marks will be called for the GROUP DISCUSSION round.

  1. The GD sessions will take place between February 2023 and end in March 2023
  2. The sessions will be conducted at IBS Hyderabad only
  3. Candidates will be divided into groups of 7 to 10 and given a topic to discuss on
  4. The time duration is between 15 to 25 minutes.

IBSAT Result 2023: Personal Interview

The last stage after the GD round is PERSONAL INTERVIEW round.

  1. Those who clear the GD round are called for PI
  2. The candidate is interviewed by a panel of 3 to 5 people
  3. The time duration can be anywhere between 15 to 30 minutes.

IBSAT Result 2023: Final Merit List

After the successful completion of the IBSAT 2023 selection process for seven days, the IBSAT 2023 Final Merit List will be declared in March 2024. The candidates shortlisted are intimated for counseling and other admission formalities.