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ICFAI Business School (IBS) Overview

About College

ICFAI was established in 1984 as a not-for-profit society with the broad objective of empowering student community through world class quality education. The Institute announced its arrival into the Indian education by innovatively launching the Professional Program in Financial Analysis in 1985. ICFAI Group has made a significant mark in the Indian educational field with a pan-Indian network and presence.

ICFAI Group started its chain of business schools: ICFAI Business Schools (IBS), across India in 1995 to offer management program. Since its inception, IBS has been consistently ranked among the top Business Schools of India providing excellent academic delivery and infrastructure to its students and transforming them into leaders for the future.

ICFAI Business School (IBS Campuses)

Since its inception in 1995, ICFAI Business School (IBS) has been one of the best B-schools in the country providing excellent academic delivery and infrastructure to the students. We have a unique culture that emphasises action over just academic thinking. Our case study methodology, emphasis on entrepreneurship, innovation and problem solving underline the need for ‘doing’ rather than just ivory tower thinking.

IBS campuses located at Hyderabad, Bangalore, Dehradun, Jaipur offer MBA program and Ahmedabad, Gurgaon, Kolkata, Mumbai and Pune offer a two year Postgraduate Program in Management. The Program prepares the students and equip them for successful corporate careers.

IBS Hyderabad, Bengaluru, Dehradun and Jaipur are Universities and campuses offering PGPM program are independent professional institutions and are neither affiliated to nor are off-campus centers of any University.

ICFAI Business School (IBS Campuses)

IBS campuses are committed to achieving excellence in teaching and research by focusing on the necessary hardware (like infrastructure, library, computers etc.) and software (like pedagogy, learning frameworks, e-learning kits, databases, software etc.). Faculty members are encouraged to pursue teaching and research projects, publish research articles in refereed journals and participate in various national and international research seminars and Conferences.

Students are encouraged to get involved in several co-curricular and extracurricular activities for all-round personality development. Internships and placements are given utmost importance. Every year several leading companies visit IBS campuses for summer internships and final placements. Career Management Centers located at IBS campuses guide the students on placement matters. The alumni fraternity, growing from year to year, actively participates in the development of IBS campuses.

List of ICFAI Business School (IBS) Campuses

IBS has a unique and innovative approach to business education, that focuses on providing the right knowledge, imparting the right skills for enduring success in management careers, and shaping the right attitudes.

IBS Hyderabad

A picturesque campus near India’s Cyber City, with world class facilities and cutting-edge training, means IBS Hyderabad students come out as some of India’s best trained managers.

IBS Mumbai

Set in the financial and industrial capital of India, IBS Mumbai leverages academic rigour with close industrial interaction to bring out the best of every student on campus. The excellent faculty members and state-of-the-art facilities make the intense transformation from student to manager smooth.

IBS Bengaluru

Set in India’s IT hub, a city that has lent itself to a verb in the English language, IBS Bengaluru brings together the finest faculty and students.

IBS Kolkata

Set in the vibrant and intellectual ‘City of Joy’, IBS Kolkata is committed to training the best managers by combining academic rigour and active industry interface.

IBS Ahmedabad

Set in India’s fastest growing state, IBS Ahmedabad has soared to great heights through academic rigour and regular industry interaction.

IBS Gurgaon

IBS Gurgaon, set in the fast growing corporate city of Gurgaon, has been achieving its vision of creating a new class of managers for the uber-competitive business world.

IBS Pune

Set in the city known as “the Oxford of the East”, IBS Pune has lived up to the reputation of the city by providing world-class management education. The rise of Pune as a corporate centre and its proximity to Mumbai means there is ample scope for applying classroom learning to real life problems.

IBS Dehradun

Set in the picturesque foothills of the Himalayas, also known as one of the “Counter Magnets” of the NCR, IBS Dehradun leverages on its proximity to Delhi by providing holistic management education along with regular industry interaction. State-of-the-art infrastructure coupled with academic rigour, enables IBS Dehradun to create a new breed of managers for the ever evolving business world.

IBS Jaipur

IBS Jaipur, set in the “Pink City” or “Paris of India”, brings together excellent infrastructure along with the finest faculty to train and develop every student into a manager who is ready to perform in the corporate world.

ABOUT ICFAI MBA

MBA / PGPM Program

The MBA/PGPM Program is unique with case-based learning, state-of-the-art infrastructure, emphasis on acquiring practical skills, establishing strong industry interface culminating in getting excellent final placements.

Program Structure	Year I
Semester I	Semester II
Accounting for Managers	Business Analytics-II
Managerial Economics	Macroeconomics & Business Environment
Financial Management-I	Financial Management-II
Organisational Behavior	Business Communication
Management Information Systems	Human Resource Management
Marketing Management-I	Marketing Management-II
Personal Effectiveness Management	Operations Management
Business Analytics-I	Emerging Technologies in Business

Summer Internship Program	Year II
Semester III	Semester IV
Business Strategy	Business Ethics and Corporate Governance
Business Process Integration	Management Control Systems
Syndicated Learning Program	Legal Environment of Business
Elective I	Elective VI
Elective II	Elective VII
Elective III	Elective VIII
Elective IV
Elective V

Program structure subject to change

Electives

The students can pursue elective courses in the streams of Finance, Marketing, Human Resource Management, Operations and IT and Health Care Management. Each student must choose elective courses equivalent to 24 credit units. To specialise in a particular stream (Finance, Marketing, HR, Operations), the students are required to choose 15 credit equivalent elective courses.

SUMMER INTERNSHIP PROGRAM

ICFAI Business School is unique in its approach towards practical training. IBS designed Summer Internship Program (SIP) for 10-14 weeks and integrated it into the curriculum. IBS felt that this approach was necessary as most of the students joining a management program in India have no work experience and therefore limited exposure to the corporate environment through SIP would make them better equipped to take on the real-life business challenges

Unlike most other B-Schools, SIP is an integral part of the curriculum at IBS with close supervision from the faculty. SIP was institutionalised as a very important process that provided a platform for the students to tackle real-life projects. The 10-14 weeks format, gave enough scope for the students to learn more by taking and completing a meaningful, value-added project for the company. SIP emphasised rigorous faculty monitoring system ensuring that the projects are done by the students to the satisfaction of the senior management of the company. Such efforts have strengthened IBS’ relationship with the industry and paved the way for pre-placement offers.

MENTORSHIP PROGRAM

IBS offers a mentorship program to students, both by Faculty and Alumni members. The faculty members mentor students throughout the program. The Faculty and Alumni Mentors advise them on academics, picking suitable electives to advance their careers, enhance their education and build their networks. Faculty members meet students once a fortnight.

National Mock Test:

ICFAI Business School (IBS) conducts Free NMT every year with prize money in the interest of students to practice for the final IBSAT 2023 Test.

NMT is a great opportunity for the students to understand the exam pattern, competition and time management well before taking the final exam. In the past students who have scored well in the NMT cleared the final test with a good score.

NMT with Prizes up to Rs.10000/-:
Online Test duration is 2 hours, online registrations opened now.
Free for all Management aspirants (Indian Nationals)

NMT can be attempted in the scheduled months.

1st July – 31st August.

FIRST PRIZE: Rs.10000/- Gift card for first rank.
OTHER PRIZE: Rs.2000/- Gift cards for (Ranks 2 to 100).

Section	Title	No of Questions
I	Verbal Ability	50
II	Reading Comprehension	30
III	Quantitative Aptitude	30
IV	Data adequacy and Data Interpretation	30
	Total -	140

Registration:-

Register for the National IBSAT mock Test and successfully take the test. Tests should be taken between the specified days only. The ICFAI Business School server will serve as the official timekeeper for the Promotion. Each individual may only initiate the exam once.

The email address you provide will be our primary means of communication with you. All entries must be submitted in English. Once you submit your entry, no further changes can be made to the entry even if there is time remaining in the Promotion Term.

Judging:-

Entrants with the top 100 rankers will be given prizes. Winners’ names will be declared no later than after 7 days of the Last day of the National Mock Exam. There is no random selection of entries.

Prizes distributed after verification of 10th certificate and graduation marks sheets (checking of age and year of passing and percentage in graduation).

50% compulsory in graduation (if passed) and in second year if passing out in 2024.

Official Rules:-

Purchase of application is not necessary to participate in the National Mock Test to Write or Win.

You are required to satisfy the eligibility requirements given below.

Eligibility: -

To be eligible to enter this promotion you must be a legal resident of India have a valid email address and Internet access prior to the start of, and during, the promotion Graduation pass out of 2021 to 2023 or appearing final year student passing out in 2024.

Detailed guidelines available online

IBS PLACEMENT DETAILS OF CLASS OF 2024

Highest International CTC 36.76 LPA

Highest National CTC 26.19 LPA

95% Placements
20 International Placements
750 + recruiting companies
Financial Services, Banking, IT/ITES & Consulting are Top Recruiting Sectors

PLACEMENT DETAILS CLASS OF 2024
Campus			Highest CTC		Average CTC
Campus	Placements	Average CTC	National	International	Top 10 %	Top 25 %
Ahmedabad	98%	7.79	12.00	-	10.50	9.39
Bangalore	93%	7.41	11.49	13.50	10.50	9.35
Gurgaon	95%	7.48	26.19	-	12.09	10.20
Hyderabad	94%	9.71	21.00	-	14.75	12.55
Kolkata	99%	6.70	10.00	-	8.77	8.43
Mumbai	98%	8.03	20.00	18.00	13.56	11.45
Pune	99%	7.59	12.00	-	10.41	9.25
Dehradun	94%	6.53	13.00	36.76	11.80	9.18
Jaipur	99%	7.27	10.50	20.50	11.71	9.78

Contact

IBS Admissions Office
#65, Nagarjuna Hills
Punjagutta
Hyderabad – 500082
Telangana
Telephone Board: 040 – 23440963
Toll Free:1800 425 55 66 77
Email: [email protected]

ADMISSIONS 2025

PGPM 2025 FAQs

PGPM / MBA Program FAQs

Admission Process
Schedule
Eligibility
Selection Process
Fee Structure
Commencement of classes
Accommodation
Educational Loan
Placements
Contact

ADMISSION PROCESS

1. I wish to do PGPM / MBA program at IBS? Where is this program offered? What is the Admission Process?

The candidates who wish to pursue MBA/PGPM program have to appear for IBSAT 2024 Test scheduled on December 28-29, 2024 or can apply with scores from 2022 onwards of GMAT^TM/CAT/ NMAT by GMAC^TM/ XAT.

2. Where do I purchase the application form (PGPM 2025 Bulletin)?

Application form (PGPM 2025 Bulletin) may be purchased either through Online or Offline mode as follows. The cost of the application form (PGPM Bulletin) is Rs 1800.

Online:-

Online registration for the programs is available on http://admissions.ibsindia.org/pgpm/registration/
After successful transaction, candidates will receive a mail with details of application number and password.

Offline:-

Offline Applications are available at

- IBS Marketing Branches - For nearest branches you may visit the website http://www.ibsindia.org/contact_us/

On purchase of application form you will receive a scratch card containing application number and password.

3. What is the procedure after the purchase of Application Form (PGPM 2025 Bulletin)?

Candidates have to download the instructions for filling the online application The application guidelines are available on the link www.ibsindia.org/application-guidelines
Candidates have to log in with application number as login id and password using the link http://admissions.ibsindia.org/pgpm/application/ and fill the application form.

For Offline applicants, the application number and the password are available on the scratch

For Online applicants, upon successful payment (Rs.1800), candidates will receive a mail giving details of application number and
PGPM 2025 Bulletin will be dispatched to the candidates in the month of March 2025 on verification of the score card submitted by

4. Where can I get information on Programs and Admission Process of IBS?

The details are available on the website www.ibsindia.org

On filling the online application, you will receive a copy of the PGPM bulletin containing all the details about the institution, programs and processes. It will be sent in the month of March 2025.

5. Is there any management quota of seats available?

There is no management quota or NRI quota.

6. When is the last date for applying for PGPM / MBA Programs?

The last date for applying for PGPM / MBA Program is 3^rd week of December-2024.

SCHEDULE

Schedule for Admissions 2025:

Important dates

MBA Program
IBSAT 2024 Application	July 01, 2024; To: 3^rd week of December-2024
IBSAT 2024 Test Dates	28-29, December-2024
IBSAT 2024 Result	1^st week of January, 2025
Selection Briefings	From 10th to 19th January 2025, at 70+ locations across India, including major cities and town
Selection Process	From 15th to 24th February 2025 at IBS Hyderabad

ELIGIBILITY CRITERIA FOR MBA / PGPM PROGRAMS:

Eligibility

2 year Management Program (MBA/PGPM):

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.

Eligibility criteria will be checked from August, 2025 onwards. Hence, the onus of ensuring that they satisfy the eligibility criteria rests solely with the candidates.

SELECTION PROCESS

7. When is the selection process conducted?

MBA / PGPM Program:

Candidates qualified based on IBSAT 2024/ CAT/GMAT ^TM /NMAT by GMAC ^TM / XAT are called for the Selection process From 15th to 24th February 2025 at IBS Hyderabad. The final selection is based on performance in Micro Presentation, Personal Interview and the past academic performance (performance in Class X, XII and graduation)

8. What does the selection process comprises of?

The selection process comprises of the following stages:

Group Discussion
Personal interview

9. What’s the role of Group Discussion in the selection process?

In the group discussion a topic will be announced to a group of 8 – 10 candidates. The candidates will be given 15 minutes for the group discussion. After discussion each candidate will be given an opportunity to summarise his/her opinion in a minute. The group discussion aims to evaluate the candidate’s expression, initiative communication, analytical skills and behaviour in group.

10. What’s the role of personal interview in the selection process?

The personal interview is the final stage in the selection process. The interview panel members are Directors, Deans, Senior Faculty Members and Alumni. The duration of the interview for each candidate will be for 10 minutes. The interview panel will focus on assessing the attitude, aptitude and aspirations of the applicant besides evaluate the candidate’s general knowledge, communication skills, clarity of thought, expression and aptitude for a career in management.

11. What are the weightages for different components in selection process?

The weightage allotted to different components in the selection process are as follows.

Criteria	Weightage (%)
Past academic record X 10 XII 15 Graduation 25	50
Group discussion	25
Personal Interview	25
Total Score	100

12. Is there any weightage for work experience in the selection process?

There is no weightage for work experience in the selection process. However, during the Personal Interview the panel members assess the candidate taking into consideration all the factors like work experience, etc.

FEE STRUCTURE

13. What is the fee structure for the programs at IBS?

IBS Campus	Fee for 2 Years * (Rs. in Lakhs)	Program
IBS Hyderabad	17,01,000/-	MBA Program (2025 – 2027)
IBS Bangalore(Off Campus of IFHE)	13,05,000/-	MBA Program (2025 – 2027)
IBS Ahmedabad	9,09,000/-	PGPM Program (2025 – 2027)
IBS Gurgaon
IBS Kolkata
IBS Mumbai
IBS Pune
IBS Jaipur	8,01,000/-	MBA Program (2025 – 2027)
IBS Dehradun	7,02,000/-	MBA Program (2025 – 2027)
IBS Hyderabad	1,20000	PhD Program – Full Time / Part Time (2025 – 2029) Full Time PhD students have to pay only Rs. 40,000 towards admission fee. They get full waiver of tuition fee of Rs. 60,000 per semester for 8 semesters subject to academic performance

* In addition, students have to pay Rs 10,000 as refundable caution deposit along with the 1st installment of fee across all the campuses. Living expenses are extra.

For IBS Hyderabad Campus :- Students have to pay Rs. 4000 as Convocation Fee with the 5th Installment of Fee.

You can apply for an education loan to fund your education at IBS. For more info about IBS education loan partners please click here (to be linked to the education loan page).

14. What is the last date to pay the admission fee?

Selected candidates will have to pay the admission fee of Rs 80,000 in the form of Demand Draft in favour of “IFHE –IBS Admission Fee A/c 2024” payable at Hyderabad on or before April 26, 2025.

Alternately, Admission fee can be paid online by visiting website www.ibsindia.org

The payment of fee within the due date is for reserving your seat in the program.

15. Will the students be provided with the Laptops?

No. The students are expected to bring their own Laptops when reporting at the campus.

COMMENCEMENT OF CLASSES

Regular classes for MBA and PGPM program will commence on May 15, 2025 at all IBS campuses.

All the selected candidates are mandatorily required to report at the allotted campus on May 15, 2025 for program registration and submit the first installment of fees along with self-attested photocopies of Class X, Class XII and marks sheets for verification.

ACCOMMODATION

16. Is hostel accommodation available for the students?

Hostel Accommodation (AC & NON-AC Rooms) is available at IBS Jaipur. The Accommodation & mess charges have to be borne by the students. However, hostel accommodation on the campus is optional.

Hostel facility is not available at other IBS campuses. However the campus administration will assist the students in getting a suitable off campus accommodation nearby the respective campus. The living expenses in these cities vary from Rs 10,000 – Rs 15,000 per month.

FINANCIAL AID

17. Is there any financial assistance for IBS Programs?

The candidates selected for IBS Programs avail educational loans from Public / Private Sector Banks.

IBS has entered into an MOU with HDFC Credila Financial Services Ltd.

18. What is Bridge Loan Facility?

IBS offers Bridge loan to students admitted into the programs till they receive the sanction and disbursement of an educational loan from a bank. Students are required to pay the admission fee by the specified date from their own resources. The Bridge loan facility is available for the first installment of program fee and not for any subsequent installments due on future dates.

Under the bridge loan facility, IBS will accepts 1st installment of Program fee in partial payments by way of one Demand Draft and three cheques in equally distributed amounts. IBS students may utilize this facility until the bank loan is sanctioned. The details will be provided in the Selection Letter.

19. In cases of any queries or assistance with bank loans you may contact:

Financial Aid Cell

Tel: 040-23440963 / 62 / 61/ 60

Toll Free No: 1800 425 55 66 77

Email: [email protected]

PLACEMENT DETAILS CLASS OF 2024
Campus			Highest CTC		Average CTC
Campus	Placements	Average CTC	National	International	Top 10 %	Top 25 %
Ahmedabad	98%	7.79	12.00	-	10.50	9.39
Bangalore	93%	7.41	11.49	13.50	10.50	9.35
Gurgaon	95%	7.48	26.19	-	12.09	10.20
Hyderabad	94%	9.71	21.00	-	14.75	12.55
Kolkata	99%	6.70	10.00	-	8.77	8.43
Mumbai	98%	8.03	20.00	18.00	13.56	11.45
Pune	99%	7.59	12.00	-	10.41	9.25
Dehradun	94%	6.53	13.00	36.76	11.80	9.18
Jaipur	99%	7.27	10.50	20.50	11.71	9.78