ICFAI Business School: Courses, Fees, Admission, Placement

Ahmedabad, GujaratEstd 1995
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IBS Latest Updates and News

06 Nov, 2024

  • CAT 2024 will be conducted on November 24, 2024. The admit card is available now and can be downloaded from the official website, iimcat.ac.in.

10 Oct, 2024

  • IBSAT 2024 registrations are open and the last date to register is expected to be in the third week of December 2024. The exam is scheduled for December 28 & 29, 2024. The results will be out by the first week of January 2025 and the selection process will be held on February 15 – 24, 2024.
  • IBS is also conducting IBSAT National Mock Test series to help applicants prepare for the IBSAT. The Mock Test is scheduled for every 15 Days till December. Those appearing for the mock tests will be eligible for the prize money. The top performers are eligible for INR 1 lakh cash prize and second & third rankers will be winning INR 50,000 & INR 25,000 respectively. 
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About IBS

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Written By Aafiya Yadgir on, Nov 6, 2024

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 Micro Presentation 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 2024 placement drive, the participating batch achieved 98% placements. The highest salary offered was INR 12 LPA. Students received an average salary of INR 7.79 LPA. Some of the top recruiters of IBS Ahmedabad include ICICI Bank, BYJU’S, Asian Paints, S-Squad, HDFC Bank etc.

Apply Now IBSAT 2024

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 February/ 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 2024 placement drive, the highest national salary stood at INR 12 LPA. 
  • The college has highly qualified and well-experienced faculty members who provide guidance to the students.

ICFAI Business School Ranking

  • Education World Survey 2023: 62 All India Rank among top 100 Private B-Schools
  • CSR - GHRDC top 3 rd Rank in Business School of Eminence 2022.
  • Bloomberg | UTV B-School Excellence Award for Excellent Industry Interface
  • 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 Course and Fees

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 Fees Eligibility Selection Criteria
PGPM INR 9.09 Lakhs Passed graduation with 50% in any stream from a English medium institute CAT/ GMAT/ NMAT by GMAC/ IBSAT/ XAT + Micro Presentation + Personal Interview

Read More: IBS Ahmedabad Fees Structure

IBS Ahmedabad MBA Admission Process

Applicants not meeting the IBS Ahmedabad 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. 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 is based on past academic record and performance of the candidates in Micro Presentation and Personal Interview.

Check: ICFAI Business School Courses and Fees 

ICFAI Business School Scholarships

IBS Ahmedabad 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 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 2024

IBS Ahmedabad Placements 2024 recorded 98% placements. IBS Ahmedabad highest package stood at INR 12 LPA whereas IBS Ahmedabad's average package stood at INR 7.79 LPA. More highlights of IBS Ahmedabad Placements 2024 are tabulated below:

Particulars Placements Statistics 2024
Placement Percentage 98%
Highest Domestic Salary Offered INR 12 LPA
Average Salary Offered INR 7.79 LPA
Top 25% average salary INR 9.39 LPA
Top 10% average salary INR 10.5 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 

Check: ICFAI Business School Placements

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.

Check: ICFAI Business School Faculty

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.

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 Ahmedabad?

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 Ahmedabad?

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.

Courses Offered By IBS 2024

Select Degree and Streams to See Course Fees and Admission Details.

Clear
4.0(9 Reviews)2 Years Full Time

Eligibility:

Graduation with 50%

Application Date:

1 July - 21 Dec 2024

IBS Upcoming Application Dates 2024

Important Events

EventsDates
CAT 2024 Exam Date
Upcoming
Nov 24, 2024
Application Timeline (PGPM)
Ongoing
Jul 01, 2024 - Dec 21, 2024
NMAT 2024 Exam Date
Ongoing
Nov 05, 2024 - Dec 20, 2024
IBSAT Admit Card
Tentative
Dec 20, 2024
IBSAT Application Timline
Ongoing
Jul 01, 2024 - Dec 21, 2024
Exam
Tentative
Dec 24, 2024 - Dec 24, 2024
XAT Registration Timeline
Ongoing
Jul 15, 2024 - Dec 24, 2024
IBSAT 2024 Test Dates [MBA/PGDM]Dec 28, 2024 - Dec 29, 2024
XAT Admit card Availability
Tentative
Dec 29, 2024
IBSAT 2024 Result Date [MBA/PGDM]
Tentative
Jan 03, 2025

Expired Events

EventsDates
CAT 2024 Admit Card DateNov 05, 2024
NMAT 2024 Scheduling DateAug 01, 2024 - Oct 14, 2024
NMAT 2024 Registration DateAug 01, 2024 - Oct 10, 2024

Important Events

EventsDates
CAT 2024 Exam Date
Upcoming
Nov 24, 2024
NMAT 2024 Exam Date
Ongoing
Nov 05, 2024 - Dec 20, 2024
IBSAT Admit Card
Tentative
Dec 20, 2024
IBSAT Application Timline
Ongoing
Jul 01, 2024 - Dec 21, 2024
Application Timeline (PGPM)
Ongoing
Jul 01, 2024 - Dec 21, 2024
Exam
Tentative
Dec 24, 2024 - Dec 24, 2024
XAT Registration Timeline
Ongoing
Jul 15, 2024 - Dec 24, 2024
IBSAT 2024 Test Dates [MBA/PGDM]Dec 28, 2024 - Dec 29, 2024
XAT Admit card Availability
Tentative
Dec 29, 2024
IBSAT results
Tentative
Jan 02, 2025

Expired Events

EventsDates
CAT 2024 Admit Card DateNov 05, 2024
NMAT 2024 Scheduling DateAug 01, 2024 - Oct 14, 2024
NMAT 2024 Registration DateAug 01, 2024 - Oct 10, 2024

IBS Cutoff 2024

Exams

IBS, CAT Cutoff 2023

IBS, CAT Cutoff 2023 for General Category is listed below. The overall cutoff percentile for CAT is 70

Courses

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Why To Join IBS - Reviews & Rating

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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.

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Mayank Shukla PGPM (Enrolled 2021) Reviewed on May 30, 2023
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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.

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Komal Pithalia MBA (HR) Reviewed on Sep 10, 2020
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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.

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Rushil Shahaa PGPM Reviewed on Jul 11, 2020
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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.

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Samiksha khurana PGPM Reviewed on May 18, 2020
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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.

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Deeksha Jaiswal PGPM Reviewed on Apr 11, 2020
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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.

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Surbhi Mahale PGPM Reviewed on Apr 11, 2020
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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.

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Pragya Pandey
Pragya Pandey PGPM Reviewed on May 9, 2019
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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.

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Sumita Barnwal
Sumita Barnwal MBA Reviewed on Jan 27, 2016
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Admission:

College management is excellent. The staff is also very supportive.

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Ajay Parikh PGPM Reviewed on Dec 17, 2015
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Admission:

Those days can't come back missing all friends and best faculties. Management was good but somehow not satisfactory at some points.

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Rinkal Patel MBA Reviewed on Sep 15, 2015
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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 2024. These scholarships are open to candidates applying for the MBA/PGPM programme and taking the IBSAT test in December 2024.

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 2024 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 Ahmedabad 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.

Merit scholarships for the Class of 2027

IBS aims to award 500 merit scholarships for the class of 2027 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:

  1. Eligibility: Scholarships will only be offered to candidates who have appeared for the IBSAT-2024 test and have successfully qualified.
  2. 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.
  3. 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.
  4. 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.

Comp Labs
Sports
Cafeteria
Laboratory
Library
Auditorium
Gym
Medical
Security
Classrooms

IBS Faculty

Basic Information about the Faculty of IBS

Dr. Naresh Sharma
Faculty Member
Mrs. Pallavi Mittal
Academic Coordinator
Prof. Pranav Gosalia
Faculty Member
Prof. Girishchandran Pillai
Faculty Member
Dr. Nishant Agrawal
Faculty Member

IBS College Details

Basic Information About the Colleges

Opp. Annapurna Dham Por, Adalaj Koba Road
Ahmedabad - 382421
Gujarat, India
Get SMS Contact:  079 - 61559100
Get Call Details  079 - 61559100
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Comments


1 Comment
T
tanisha gupta
Regarding the fees and placement structure
J
Jaspreet Kaur

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. 


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