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ICFAI Business School: Courses, Fees, Admission, Placement
What's New in IBS?
IBS Ahmedabad MBA admissions are based on IBSAT. The IBSAT 2024 registrations have started for 2025 admission and the last date to register is expected to be in the third week of December 2024.
- IBS Ahmedabad Placements: The institute has recorded 98% placements with the highest package of INR 13 LPA & an average package of INR 7.30 LPA.
About IBS
ICFAI Business School, Ahmedabad was established in 1995 as a part of ICFAI Business School. The institute is located in Ahmedabad, Gujarat. IBS offers a postgraduate diploma course in management. Candidates are selected on the basis of their performance in the national and institutional entrance exams. Shortlisted candidates have to appear for the Group Discussion round followed by a Personal Interview. It offers facilities like AC classrooms, Auditorium, Cafeteria, Labs and Library. The institution is ranked among the top B-Schools in the country.
During the 2023 placement drive, the participating batch achieved 98% placements. The highest salary offered was INR 13 LPA. Students received an average salary of INR 7.30 LPA. Some of the top recruiters of IBS Ahmedabad include ICICI Bank, BYJU’S, Asian Paints, S-Squad, HDFC Bank etc.
Read More: IBS Ahmedabad Fees Structure
Table of Content
IBS Ahmedabad 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 MBA/ PGPM Program | January/ March 2025 |
| PGPM 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 |
ICFAI Business School Key Facts
- Candidates can apply to the college through online mode on the official website.
- Candidates have to appear for one of the following entrance exams: CAT/ GMAT/ NMAT by GMAC/ IBSAT/ XAT
- During the 2023 placement drive, the highest international & national salary stood at INR 13 LPA & INR 8.29 LPA.
- The college has highly qualified and well-experienced faculty members who provide guidance to the students.
ICFAI Business School Ranking
- ICFAI Business School has received ‘A6’ by Business Standard.
- It is ranked 11th among Emerging 40 Top B-Schools of Excellence and 2nd in Gujarat by CSR – GHRDC.
- IBS has received the Bloomberg UTV B-School Excellence Award of the year.
- ICFAI Business School received an ‘A’ from the Business & Management Chronicle.
- It was ranked 21st among the Top 30 B-Schools and 8th in the West zone by Silicon India.
- IBS was ranked 14th among Top New Generation B-Schools.
- ICFAI Business School was ranked 4th among Zone-wise B-Schools by Digital Mailers.
ICFAI Business School Courses
ICFAI Business School provides a full-time 2-year PGPM course in its curriculum. The course is available in 12 different specializations which include Advertising and Media, Banking Insurance & Financial Services, Business Analytics, Digital Marketing, Finance, International Business, Operations, Sales and Marketing, Supply Chain, IT and Systems, Human Resources and Entrepreneurship. The course fee is INR 9.09 Lakhs for 2 years. The available seats are 60 – 200 under different specializations. Following are the details for the same:
| Courses | Specialization | Eligibility | Selection Criteria |
|---|---|---|---|
| PGPM | Management | Passed graduation with 50% in any stream. | CAT/ GMAT/ NMAT by GMAC/ IBSAT/ XAT |
IBS Ahmedabad MBA Admission Process
Once the candidate qualifies and has a valid score in the entrance examination of CAT/XAT/IBSAT/GMAT/NMAT he or she will be called for the selection process after the successful submission of the application form. The selection process will be conducted between February 10 - 18 2025. The final selection will be based on the student’s performance in Group Discussion and Personal Interview round.
Check: ICFAI Business School Courses and Fees
ICFAI Business School Scholarships
ICFAI Ahmedabad also Provides INR 2 Lac scholarships on the basis of the student’s scores in the entrance exams like CAT/NMAT/XAT/GMAT. The scholarships based on the IBSAT exam have already been announced. The Minimum Cut-off score to be eligible for the ICFAI Business School Scholarship is as follows:
|
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 Ahmedabad Cutoffs
ICFAI Business school minimum cut-off scores for getting a GDPI call is as follows:
|
Exam Name |
Cut-Off |
|
CAT |
60 Percentile and Above |
|
XAT |
60 Percentile and Above |
|
GMAT |
500+ |
|
NMAT |
150+ |
ICFAI Business School Placements 2023
IBS Ahmedabad Placements 2023 recorded 985 placements. IBS Ahmedabad highest package stood at INR 13 LPA whereas IBS Ahmedabad's average package stood at INR 7.30 LPA. More highlights of IBS Ahmedabad Placements 2023 are tabulated below:
| Particulars | Placements Statistics 2023 | |||
|---|---|---|---|---|
| Placement Percentage | 98% | |||
| Highest International Salary Offered | INR 13 LPA | |||
| Highest Domestic Salary Offered | INR 8.29 LPA | |||
| Average Salary Offered | INR 7.30 LPA | |||
| Top 25% average salary | INR 8.69 LPA | |||
| Top 10% average salary | INR 9.23 LPA | |||
| Top Recruiters | ICICI Bank, HDFC Bank, CSB Bank Ltd, Khimji Ramdas India Pvt Ltd, Tata AIG General Insurance, Asian Paints, BYJU’S, Alok Ingots, Exide Industries Limited, S-Squad, Unicorp Technology LLC | |||
ICFAI Business School Faculty
ICFAI Business School faculty members are well experienced and immensely committed to their work and are always ready to offer help to the students. All the teachers have the highest educational qualifications and years of teaching experience. They work to train the students to make them perfect in all management aspects. Faculty members also enlighten students with the necessary tips and tricks to help them perform excellently in academics to achieve the best results. The college has 6 faculty members.
ICFAI Business School FAQs
Ques. Does IBS Ahmedabad provide educational loans to its students?
Ans. The candidates selected for IBS Programs avail of educational loans from Public / Private Sector Banks. IBS has entered into MOUs with the following financial institutions:
- Eduvanz Financing Pvt. Ltd
- AVANSE Financial Services Pvt. Ltd.
Ques. Does IBS Ahmedabad provide hostel accommodation to its students?
Ans. Hostel facility is available at IBS Hyderabad and IBS Jaipur only.
Ques. What is the pattern of the IBSAT aptitude test conducted by IBS Ahmedabad?
Ans. The IBSAT paper has 140 multiple-choice questions. The pattern of the entrance test is as follows:
| Section | Marks |
|---|---|
| Verbal Ability | 50 |
| Reading Comprehension | 30 |
| Quantitative Aptitude | 30 |
| Data Adequacy & Data Interpretation | 30 |
Ques. What is the last date to apply for IBSAT?
Ans. The last date for applying to IBSAT 2024 is 3rd week of December 2024 (Tentative).
Ques. Does IBS Ahmedabad provide internship opportunities?
Ans. Yes. IBS has a Summer Internship Program which is approximately 14 weeks in duration. Some of the major internship recruiters at IBS are Bank of America, Barista Coffee Company, Dr Reddy's Laboratories, KPMG, Axis Bank, Genpact India, Reliance Communication, Capital IQ, Citi Bank, Coca-Cola,etc.
Courses Offered By IBS 2024
Select Degree and Streams to See Course Fees and Admission Details.
Eligibility:
Application Date:
IBS Upcoming Application Dates 2024
Important Events
| Events | Dates |
|---|---|
| NMAT Admit Card | Tentative Aug 04, 2024 |
| CAT 2024 Registration Date | Tentative Aug 03, 2024 - Sep 20, 2024 |
| NMAT Registration Timeline | Tentative Aug 04, 2024 - Oct 12, 2024 |
| CAT 2024 Admit Card Date | Tentative Oct 25, 2024 |
| CAT 2024 Exam Date | Tentative Nov 24, 2024 |
| NMAT Exam Date | Tentative Oct 10, 2024 - Dec 19, 2024 |
| IBSAT Admit Card | Tentative Dec 20, 2024 |
| Application Process | Ongoing Jul 01, 2024 - Dec 20, 2024 |
| Exam | Tentative Dec 24, 2024 - Dec 24, 2024 |
| XAT Registration Timeline | Tentative Jul 24, 2024 - Dec 24, 2024 |
Expired Events
| Events | Dates |
|---|---|
| Last Date to Apply (PGPM) (for IBSAT Exempted Students) | Tentative Feb 10, 2024 |
| Application Deadline (PGPM) | Apr 02, 2024 |
| GD/PI (Ahmedabad, Bangalore, Dehradun, Gurgaon, Hyderabad, Jaipur, Mumbai, Pune) | Apr 06, 2024 - Apr 07, 2024 |
Important Events
| Events | Dates |
|---|---|
| NMAT Admit Card | Tentative Aug 04, 2024 |
| CAT 2024 Registration Date | Tentative Aug 03, 2024 - Sep 20, 2024 |
| NMAT Registration Timeline | Tentative Aug 04, 2024 - Oct 12, 2024 |
| CAT 2024 Admit Card Date | Tentative Oct 25, 2024 |
| CAT 2024 Exam Date | Tentative Nov 24, 2024 |
| NMAT Exam Date | Tentative Oct 10, 2024 - Dec 19, 2024 |
| Application Process | Ongoing Jul 01, 2024 - Dec 20, 2024 |
| IBSAT Admit Card | Tentative Dec 20, 2024 |
| Exam | Tentative Dec 24, 2024 - Dec 24, 2024 |
| XAT Registration Timeline | Tentative Jul 24, 2024 - Dec 24, 2024 |
Expired Events
| Events | Dates |
|---|---|
| GD/PI (Kolkata) | Apr 07, 2024 - Apr 08, 2024 |
| GD/PI (Ahmedabad, Bangalore, Dehradun, Gurgaon, Hyderabad, Jaipur, Mumbai, Pune) | Apr 06, 2024 - Apr 07, 2024 |
| Application Deadline (PGPM) | Apr 02, 2024 |
IBS Cutoff 2024
Exams
IBS, CAT Cutoff Array
IBS, CAT Cutoff Array for General Category is listed below. The overall cutoff percentile for CAT is 70
| Courses | 2023 |
|---|---|
| 70 |
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Why To Join IBS - Reviews & Rating
Most Popular Tags
Likes
- Faculties are good here and helpful to the students.
- Culture inside campus, beacuse there are lots of events and sports organised by clubs and college.
Dislikes
- No hostel facilities in some campuses. Students have to arrange their accomodation by themselves.
Admission:
For admission to ICFAI Business School candidates can apply through IBSAT. This is the entrance exam conducted by IBS itself. Candidate is eligible for course if he/she scored equivalent or more than 50% in graduation. Application for IBSAT is available on the website of college.
Course Curriculum Overview:
The faculties were good and we study in the pattern of Case study solving so we had a good practical knowledge of how the industries work.The course curriculum was also up to date and we also had good industries exposure as there are a lot of industries in the city so we get a lot of industries exposure.All faculties are much experienced and they teach us very well.
Course Curriculum Overview:
Course includes the Accounts & Finance, Marketing, Human Resource and Operation streams to acquire the knowledge of the same. Other than these academics, the faculties also focuses on providing the managerial skills to the students which will make them professional in whatever field they opt for.
Admission:
Motivation among student is sometime less and because of timing issue sometime things not working as per plan. And the facilities the college is providing is wounded e learning facilities as well as library. Which have a huge collection of books, research paper as well as articles.
Admission:
My master's journey at the IBS was not what I expected, but it was a good endeavor, nevertheless. The college has a good placement record from which I benefitted. Teaching is also good. ICFAI is definitely a good choice for masters at a reasonable price in the Tamil Nadu region.
Admission:
PGPM from ICFAI Business School literally changed my career for good. The IBS is one of the finest B-School in the region. The infrastructure is good, the faculty is also good. One of the key highlights of the college was the placement. It has been an exploratory journey. I would definitely recommend the IBS college for management studies.
Admission:
Any students think of getting admitted into this college can do, its a very good place, and a good and genuine place for learning and enhancement in your career.
Course Curriculum Overview:
It was well explained with case studies and live videos sharing etc. Book provided were of their own press which was very well explained and structured to.
Admission:
College management is excellent. The staff is also very supportive.
Admission:
Those days can't come back missing all friends and best faculties. Management was good but somehow not satisfactory at some points.
IBS Scholarship 2024
Scholarship provided by the college.
ICFAI Business School (IBS) is offering scholarship exclusively designed for top performers in the IBSAT test, which is scheduled to be held in the 3rd week of December 2023. These scholarships are open to candidates applying for the MBA/PGPM programme and taking the IBSAT test in December 2023.
These scholarships aim to reward academic excellence and provide financial assistance to deserving candidates, encouraging diversity and inclusivity within the student community at IBS. Below detailed are the eligibility criteria for the scholarship:
|
Scholarships from IBSAT 2023 Test |
Eligibility Criteria |
|---|---|
|
For Toppers in IBSAT |
Candidates who secure top ranks in IBSAT |
|
For Wards of IBS Alumni |
Children of IBS alumni applying for the MBA/PGPM programme |
|
For Physically Challenged Candidates |
Candidates with physical disabilities applying for MBA/PGPM programme |
|
Wards of Defence Personnel (In-service/retired) from Army, Airforce, Navy, and Paramilitary Forces |
Children of in-service or retired defence personnel from these forces applying for MBA/PGPM program |
Scholarships worth INR 10 crore
IBS believes in nurturing talent and supporting aspiring business leaders. To realise this vision, the institution has allocated scholarships worth INR 10 crore to commendable individuals who excel in the IBSAT test, are children of IBS alumni, belong to the physically challenged category, or are from the families of in-service or retired defence personnel from the Army, Air Force, Navy, and Paramilitary Forces.
Merit scholarships for the Class of 2026
IBS aims to award 500 merit scholarships for the class of 2026 to deserving candidates falling under the aforementioned categories. Each scholarship amounts to INR 2 lakh per candidate, with the flexibility of adjusting INR 1 lakh each in the first and second-term installments against the program fee.
Terms and Conditions for Merit Scholarships
To avail these prestigious scholarships, candidates must fulfill the following terms and conditions:
- Eligibility: Scholarships will only be offered to candidates who have appeared for the IBSAT-2023 test and have successfully qualified.
- Admission and Registration: Students must complete the admission process, pay the requisite admission fee, and register on the specified date to be eligible for the scholarship.
- Applicability: The awarded scholarship amount can be adjusted solely against the program fee and payment and cannot be utilised for any other purposes or fees.
- Withdrawal Policy: In the event of a student's withdrawal from the programme for any reason, any applicable fee refunds will be calculated after deducting the scholarship sum granted earlier.
IBS continues to set a benchmark for excellence in management education. With its commitment to providing scholarships to deserving candidates, IBS aims to unlock opportunities and create a diverse pool of future business leaders who will contribute to the growth and success of organisations and society as a whole.
IBS Facilities
You can check here to see what types of facilities IBS provides.
IBS Faculty
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IBS College Details
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Ahmedabad - 382421
Gujarat, India
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Comments
1 Comment
The fee for the postgraduate program in Management (PGPM) is INR 9,00,000 for the duration of 2 years which includes various charges such as examination fees, tuition fees, youth development fund, security deposit, and other minimal charges.