![ICFAI Business School - [IBS]](https://image-static.collegedunia.com/public/college_data/images/logos/1569391701IBSLogowithR1.jpg?h=71.7&w=71.7&mode=stretch)
ICFAI Business School (IBS), Kolkata is one of the best B-schools in the country and it renders excellent academic facilities. The college offers postgraduate and research programs in the discipline of Management. Established in 1995, ICFAI Business School is a constituent of ICFAI University.
The college has a facilitated Placement Cell that conducts placement drives every year & also provides placement assistance to its students. IBS Kolkata Placements 2024 recorded 99% placements. The highest and average package stood at INR 10 LPA and INR 6.7 LPA respectively. Some of the top recruiters of IBS Kolkata Placements are Kotak Mahindra Bank, PWC SDC, Deloitte Tax Services, CSB Bank Ltd, HDFC Bank Ltd etc.
IBS Kolkata Important Dates 2025
| IBSAT Events | Dates |
|---|---|
| IBSAT 2024 Application | July 01, 2024 – 3rd Week of December 2024 |
| IBSAT 2024 Test Dates | December 28 – 29, 2024 |
| IBSAT 2024 Results | 1st Week of January 2025 |
| Selection Briefings | 2nd Week of January 2025 |
| Selection Process for PGPM Program | February/ March 2025 |
| MBA Events | Phase 1 Dates (Tentative) | Phase 2 Dates (Tentative) |
|---|---|---|
| Application Process Starts | February 22, 2025 | April 08, 2025 |
| Application Process Ends | April 02, 2025 | April 26, 2025 |
| Selection Process |
April 6 – 7, 2025 (At IBS Ahmedabad, IBS Bangalore, IBS Dehradun, IBS Gurgaon, IBS Jaipur, IBS Hyderabad) April 7 – 8, 2025 ( At IBS Kolkata) |
April 28, 2025 |
| Selection Process Results | April 13, 2025 | April 30, 2025 |
IBS Kolkata Highlights
| Established | Type | 1995 | Private |
| Course offered | Type | PGPM | Management |
| Selection criteria | Entrance based |
| Entrance exam | IBSAT |
| Accepted exam scores | TOEFL/ NELT/ IELTS/ GMAT/ CAT/ NMAT/ XAT |
| Application mode | Fee | Online | INR 1,800 |
| Location | Plot # Y1, Block EP, Opp. Godrej Waterside IT Park, Sector-V, Salt Lake, Kolkata-700091 West Bengal |
| Official website | Contact | https://www.ibsindia.org/ibs-kolkata/ | 033-23577125 |
IBS Kolkata Ranking
| Ranking | Ranking Authority |
|---|---|
| 62 All India Rank among top 100 Private B-Schools. | Education World |
| 1st Rank in Eminent B-Schools of Eminence 2022 | CHR-GHRBC B-School Survey |
| Ranked 8th in A++ Category (All India) 2022 | Silicon India B-School Survey |
| Ranked 2nd in East Zone | NA |
| 108th All India | Business Today |
| 17th All India | Silicon India |
| 2nd in Eastern Zone | Silicon India |
| 11th among Top New Generation B-Schools and 2nd among Zone wise | Digital Mailers |
| 2nd in West Bengal and 4th in the Eastern Region among B-Schools of excellence | CSR GHRDC |
IBS Kolkata Course and Fees
ICFAI Business School (IBS) Kolkata offers a two-year full-time PGPM Program. Eligibility for the course is a Graduate degree with 50% aggregate marks with the medium of instruction as English. Applicants not meeting the IBS Kolkata eligibility criteria of English medium in graduation have to submit the TOEFL/ NELT/ IELTS score. Applicants in their final year bachelor’s degree course are also eligible to apply, provided they complete their graduation requirements (including practical examinations / viva / assignments) before May 31, 2025.
Further, candidates who have qualified based on IBSAT/CAT/NMAT/XAT/GMAT score are called for the selection process.
The selection process includes Micro Presentation and Personal Interview. Moreover, the final selection is based on past academic record and performance of the candidates in Micro Presentation and Personal Interview.
The course fee is INR 9.09 Lakhs for the 2-year programme. The available seats are 120 - 200 for different programmes.
Read More: IBS Kolkata Fee Structure
IBS Kolkata Scholarships
IBS Kolkata offers scholarships to its students based on score in IBSAT 2024. IBS has announced scholarships worth Rs. 10 Crores exclusively for top performers in the IBSAT-2024 test, scheduled for December 28-29, 2024.
Eligibility Criteria:
- For Toppers in IBSAT Candidates who secure top ranks in IBSAT 2024
- For Wards of IBS Alumni
- For Physically Challenged Candidates
- For Wards of Defence Personnel (In-service/retired) from Army, Airforce, Navy, and Paramilitary Forces.
A total of 500 scholarships will be distributed by IBS across all its institutions. Each scholarship amounts to Rs 2 lakh per candidate, with the flexibility of adjusting Rs 1 lakh each in the first and second term installments against the program fee.
ICFAI Kolkata also provides INR 2. Lac scholarships on the basis of the student’s scores in the entrance exams like CAT/NMAT/XAT/GMAT. The scholarship amount would be adjusted to INR 1,00,000 for 2 semesters along with the course fees. The Minimum Cut-off score to be eligible for the ICFAI Business School Scholarship is as follows:
Scholarship Eligibility Cutoff Scores
|
Test |
Cutoff Score |
|
NMAT by GMAC |
Top 100 candidates with a minimum score of 225 and above |
|
CAT |
Top 75 candidates with a minimum score of 90 percentile and above |
|
GMAT |
Top 25 candidates with a minimum score of 550 and above |
|
XAT |
Top 25 candidates with a minimum score of 80 percentile and above |
IBS Kolkata Admission
Admission to ICFAI Business School Kolkata is through the IBSAT exam conducted by the IBS group. Below are some details related to the IBS Kolkata admissions:
About IBSAT
IBSAT is an online aptitude test conducted by The ICFAI Foundation for Higher Education for students seeking ICFAI Business School Kolkata Admission to the PGPM of IBS Kolkata. Applicants need to secure a good score on IBSAT to get qualified for the selection process.
Selection Process
Applicants who have valid scores of IBSAT/ GMAT/ CAT/ NMAT/ XAT by GMAC are called for the selection process at IBS Kolkata. The final selection is based on past academic records and the performance of the candidates in the Micro Presentation and Personal Interview rounds.
Read More: IBS Kolkata Admissions
IBS Kolkata Cutoffs
ICFAI Business School minimum cut-off scores for getting a GDPI call are as follows:
|
Exam Name |
Cut-Off |
|
CAT |
60 Percentile and Above |
|
XAT |
60 Percentile and Above |
|
GMAT |
500+ |
|
NMAT |
150+ |
IBS Kolkata Placements 2024
IBS Kolkata Placements 2024 recorded 99% placements. IBS Kolkata highest and average package stood at INR 10 LPA and INR 6.7 LPA respectively. Some of the prominent recruiters of IBS Kolkata Placements include Deloitte Consulting, EY, ICICI Bank, Aditya Birla Capital, CSB Bank Ltd, HDFC Life etc. More highlights of the placement drive are tabulated below:
| Particulars | Placements Statistics 2024 |
|---|---|
| Placement Percentage | 99% |
| Highest domestic salary offered | INR 10 LPA |
| Average salary offered | INR 6.7 LPA |
| Top 10% average salary | INR 8.77 LPA |
| Top 25% average salary | INR 8.43 LPA |
Read More: IBS Kolkata Placements
IBS Kolkata Faculty
The faculty at IBS, Kolkata are highly experienced and well-qualified. The faculty members have expertise in their respective fields which provides the best knowledge to the students. They provide proper guidance to the students through their experience. The faculty members are helpful, and supportive and have a proper understanding of their areas of expertise.
Read More: IBSAT Faculty
IBS Kolkata Branches
ICFAI Business School (IBS) Branches located in India are as follows:
IBS Kolkata FAQs
Ques. What are the facilities available at IBS Kolkata for students?
Ans. IBS Kolkata Facilities:
- A state-of-the-art Wi-Fi campus with air-conditioned classrooms.
- Library and reading room with over 20,000 books, international journals, magazines, and online database facilities.
- A team of faculty members, apart from guiding students, are also engaged in research and in conducting training programs for practising managers.
- Psychological Counselling by Trained and Professional Counsellors.
- Soft Skills Training by Experts.
- Availability of off-campus accommodation on a sharing basis in the vicinity of the campus.
- Modern audio-visual teaching aids.
- Classrooms with Internet connectivity and projectors.
Ques. Which degree is provided at IBS Kolkata?
Ans. ICFAI Business School Kolkata or IBS Kolkata provides no degree but a certificate to students. PGPM, the only program offered at IBS Kolkata is a certificate course and not a degree. Students pursue this certificate course as it is equivalent to an MBA degree.
Ques. Who are the top 10 recruiters of IBS Kolkata?
Ans. The top recruiters of ICFAI Business School Kolkata are:
- HDFC Bank
- ICICI Bank
- IMRB International
- IndusInd Bank
- Hinduja Leyland Finance
- ICICI PRUDENTIAL LIFE INSURANCE COMPANY
- Square Yards
- CignaTTK Health Insurance
- BYJU'S
- Anarock Property Consultants
Ques. What is the IBSAT 2024 Exam Pattern?
Ans. The IBSAT 2024 consists of 140 questions in the following subjects:
- Verbal Ability – 50 questions
- Reading Comprehension – 30 questions
- Quantitative Aptitude – 30 questions
- Data adequacy and Data Interpretation – 30 questions
Ques. How to apply for IBSAT 2024?
Ans. Candidates applying for IBSAT 2024 must follow the steps mentioned below:
- Online Application: Visit the application portal and complete the form.
- Personal and Contact Details: Enter your personal information and contact details.
- Confirmation: Submit your details to proceed to the payment page.
- Payment: Pay the application fee of Rs 1800.
- Receipt: After successful payment, you will receive a confirmation email/SMS on your provided email address and phone number.
- Brochure: Within one week of completing the complete application, the applicants will receive a hard copy of the IBSAT Brochure.
Ques. Are mock tests conducted by IBS?
Ans. Yes, over 2-3 free National Mock Tests are conducted for aspirants with prize money.
Ques. How is a Micro Presentation round conducted at IBS Kolkata?
Ans. A Micro-Presentation in IBS Selection process is a brief talk or presentation where candidates demonstrate their communication, presentation skills, and ability to think quickly on their feet. Candidates have the opportunity to select one topic out of three. The format allows for 4 minutes in total: 1 minute for preparation and 3 minutes for delivering the presentation.
Ques. A personal interview is of how many minutes at IBS Kolkata?
Ans. Each candidate will be interviewed for 5-7 minutes. The interview panel will focus on assessing the attitude and aspirations of the candidates besides evaluating their General Knowledge, communication skills, clarity of thought and expression, as well as aptitude for a career in management.
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The final selection is based on past academic record and performance of the candidates in Micro Presentation and Personal Interview. Graduation (any discipline) with 50% and above marks with medium of instruction as English. All applicants should have completed a minimum of 15 years of education (on 10+2+3 or 10+2+4 basis). Candidates not meeting the eligibility criteria of English medium in graduation have to submit the TOEFL/ NELT/ IELTS score by May 31, 2025. Applicants in their final year bachelor’s degree course are also eligible to apply, provided they complete their graduation requirements (including practical examinations / viva / assignments) before May 31, 2025. The admission will remain provisional until they produce marks sheets and degree certificates establishing their eligibility. The last date for submission of proof of graduation is November 01, 2025.
To check the GD-PI shortlist results for IBS Kolkata, visit the institute's official website and navigate to the admissions section. Look out for the link related to GD-PI shortlist results and provide any required credentials. Once logged in, you'll be able to view the shortlisted candidates. If you face any issues, contact the admissions office at: 033 4006 6998.