ICFAI Business School (IBS) Overview

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.

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

• ICFAI Business School – [IBS], Pune

• ICFAI Business School – [IBS], Ahmedabad

• ICFAI Business School – [IBS], Jaipur

• ICFAI Business School – [IBS], Gurgaon

• ICFAI Business School – [IBS], Dehradun

• ICFAI Business School – [IBS], Bangalore

• ICFAI Business School – [IBS], Mumbai

• ICFAI Business School – [IBS], Kolkata

• ICFAI Business School, (IBS) Hyderabad

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

ICFAI Business School (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 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.

IBS Courses Offered 2027

MBA / PGPM Program

Duration: 24 in Months

The MBA 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 for all its MBA graduates. On successful completion of the program students will be awarded an MBA Degree from ICFAI Foundation for Higher Education (Deemed to the University), Hyderabad. 

The program comprises 31 courses (of which 23 are compulsory and 8 are electives) and an intensive Summer Internship Program for 12 weeks. These courses are spread over four semesters

The students can pursue elective courses in the streams of Finance, Marketing, Human Resource Management, Operations and Information Technology and Systems. Each student must choose elective courses equivalent to 24 credit units. 

To specialise in a particular stream (Finance/Marketing/HR/Operations/IT and Systems), the students are required to choose 15 credit equivalent elective courses.

Program Fee Structure - 2026–2028 Admissions Cycle

The following are the program fees for the MBA, PGPM, and PhD programs across IBS campuses.
(All fees are for 2 years unless stated otherwise and are in INR Lakhs.)

MBA / PGPM Program Fees

Ph.D Program in Management – IBS

IBS aims to develop future management researchers and faculty through innovative, interdisciplinary training focused on modern research methods and sustainable, policy-driven solutions.

Specializations (Full-time): Marketing, Finance, Operations, HR
Modes: Full-time & Part-time

Program Structure

4 Phases:

1. Coursework

2. Qualifying Examination

3. Thesis Proposal

4. Thesis Work & Submission

Duration: 4 years (Full-time)

• Year 1: Coursework + Summer Research + Qualifying Exam

• Year 2–3: Thesis proposal development & research seminars

• Year 4: Thesis completion & submission

Part-time Program:

• Ideal for working professionals & faculty

• Coursework spread over 2 years

• 9-day campus visit each quarter

• Same research milestones as Full-time

The program is rigorous, updated to global standards, and designed to produce high-quality researchers and teachers in management.

PhD Fee

Full-time Ph.D Fee & Fellowship (IBS)

• Admission Fee: ₹40,000 (pay by April 20, 2025).

• Program Fee: ₹60,000 per semester (fully waived as financial assistance, subject to academic performance).

Fellowship / Stipend

• Pre-Ph.D (1st year MBA pathway): ₹20,000/month + free hostel.

• Full-time Ph.D (1st year): ₹25,000/month + free hostel.

• After qualifying exam: ₹35,000/month.

• After thesis proposal defense: ₹40,000/month (up to 4 years total).

• Professional Development Grant: ₹20,000 per year (4 years).

• Students must support teaching/research/admin work for up to 10 hours/week.

• On withdrawal, the student must refund all financial assistance received.

Part-time Ph.D Fee (IBS)

• Admission Fee: ₹40,000.

• Program Fee: ₹60,000 per semester for 8 semesters.

• No fee waiver or stipend.

Career
Graduates may join any organisation or apply for faculty roles at IBS/IFHE based on vacancies.

IBS Admissions 2027

IBS Admissions 2027 (ICFAI Business School) are open for MBA/PGPM programmes at participating IBS campuses through a common application process. Candidates can apply using IBSAT 2026 scores or valid CAT 2026, XAT 2027, NMAT by GMAC, or GMAT scores, subject to the eligibility criteria of the respective campus.

IBS Admission Process 2027

1. Apply Online
   • Fill out the common IBS application form.
   • Pay the application fee of ₹1,800.
   • A single application is valid for all participating IBS campuses.
2. Appear for IBSAT 2026 (if applicable)
   • Candidates without CAT/XAT/NMAT/GMAT scores need to appear for IBSAT 2026.
3. Shortlisting
   • Shortlisting is based on IBSAT or other accepted entrance exam scores.
4. Selection Process
   • Shortlisted candidates participate in:
     • Micro Presentation (MP)
     • Personal Interview (PI)
5. Final Admission Offer
   • Final selection is based on:
     • Entrance exam score
     • Academic performance
     • Performance in the Micro Presentation and Personal Interview.

Eligibility Criteria

• Graduation (10+2+3 or 10+2+4 pattern) with at least 50% aggregate marks.
• English should be the medium of instruction in graduation. Applicants who do not meet this criterion may be required to submit valid English proficiency scores, as specified by IBS.

Participating IBS Campuses

• IBS Ahmedabad
• IBS Bengaluru
• IBS Dehradun
• IBS Gurgaon
• IBS Hyderabad
• IBS Jaipur
• IBS Kolkata
• IBS Mumbai
• IBS Pune

Application Fee

• ₹1,800 (Common application for all participating campuses).

Accepted Entrance Exams

• IBSAT 2026
• CAT 2026
• XAT 2027
• NMAT by GMAC
• GMAT (where accepted)

ICFAI Business School Final Placements 2025

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