ICFAI Business School (IBS) Overview

Since its inception in 1995, IBS has been one of the best B-Schools in the country, providing excellent academic delivery and infrastructure to its students. At IBS, we offer innovative and globally accepted programs and great opportunities for all-round development. 100% case-based learning is unique to IBS. IBS transforms its students into leaders of the future.

IBS Hyderabad, is a constituent of the ICFAI Foundation for Higher Education (IFHE), which was declared a deemed to be University under section 3 of the UGC Act, 1956. The programs offered at IBS Hyderabad are: Two year full time MBA program and PhD program.

IBS Bangalore, an off campus center of The ICFAI Foundation for Higher Education, Hyderabad (IFHE), will be offering the MBA program.

IBS campuses are located at Ahmedabad, Gurgaon, Kolkata, Mumbai and Pune. They offer two-year, full-time Management Programs to prepare the students and equip them for successful corporate careers. These campuses are independent professional institutions and are neither affiliated to nor are off-campus centres of any university.

IBS Dehradun is a constituent of the ICFAI University, Dehradun. ICFAI University,Dehradun is established through an Act of the State Legislature of Uttarakhand and is recognized by UGC under Section 2(f) of the UGC Act. IBS Dehradun offers the MBA program.

IBS Jaipur is a constituent of the ICFAI University, Jaipur. The ICFAI University, Jaipur has been notified by the Government of Rajasthan (Act No. 20 of 2011). IBS Jaipur offers the MBA program.

ABOUT ICFAI MBA

The two year MBA/PGPM Program of IBS is designed to give graduates exposure to management skills needed for the creation of specialists who can integrate across functional areas in a dynamic organization.

The Program provides a broad perspective of all areas of management. The courses offered in the program are practice oriented with emphasis placed on application of principles, tools and concepts to meet challenges and problems faced in today’s organizations. These courses are carefully designed to impart to students a managerial perspective in formulating and implementing corporate strategy. Students learn to take decisions critically and analytically taking into account the business considerations and ethical implications of these decisions and to deepen the understanding of the key functional areas and strategic dimensions of management, and to encourage future professionals to equip themselves with the latest tools and techniques.

Important Dates

Application Submission	February 22nd - April 2nd 2024
Selection Process Dates & Venue	April 6-7 2024 Venue - 7 IBS Campuses  IBS Ahmedabad, Bangalore, Dehradun, Gurgaon, Jaipur.  Hyderabad IBS Head office    April 7-8 2024  Venue - IBS Kolkata
Selection Process Results	April 13th 2024

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.

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). 

Registration Link: APPLY NOW

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

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 2024 

PGPM 2024 FAQs 

PGPM / MBA Program FAQs 

1. Admission Process
2. Schedule
3. Eligibility
4. Selection Process
5. Fee Structure
6. Commencement of classes
7. Accommodation
8. Educational Loan
9. Placements
10. Contact

 

ADMISSION PROCESS

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

PGPM program is offered at 5 IBS campuses i.e. IBS Ahmedabad, IBS Gurgaon, IBS Kolkata, IBS Mumbai & IBS Pune.

MBA Program is offered at 3 IBS campuses i.e. IBS Bangalore (Off Campus of IFHE Hyderabad), IBS Dehradun & IBS Jaipur.

All candidates may apply through scores from 2021 onwards of CAT, NMAT by GMAC, GMAT, SNAP, XAT, MAT, CMAT, CET (Maharashtra), CUET-PG and any other State Level Tests.

The students who are shortlisted will be called for selection process which will be conducted at 8 IBS campuses and IBS Head Office on April 06-08, 2024.

2. Where do I purchase the application form (PGPM 2024 Bulletin)?

Application form (PGPM 2024 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 2024 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 2024 Bulletin will be dispatched to the candidates in the month of March 2024 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 2024.

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 April 02, 2024.

SCHEDULE

Schedule for Admissions 2024: 

Last date for Application Submission	April 02, 2024
Selection Process Dates & venue	April 06-07, 2024 Venue:- 7 IBS campuses i.e. IBS Ahmedabad, Bangalore, Gurgaon, Mumbai, Pune, Dehradun, Jaipur & IBS Hyderabad Head Office)   April 07-08, 2024 Venue:- IBS Kolkata
Selection Process Result	April 13, 2024

 

ELIGIBILITY CRITERIA FOR MBA / PGPM PROGRAMS: 

• Graduation (any discipline) with 50% and above marks with medium of instruction as English.
• Candidates not meeting the eligibility criteria of English medium in graduation have to submit the TOEFL/ NELT/ IELTS score by May 31, 2024.
• All applicants should have completed a minimum 15 years of education (on 10+2+3 or 10+2+4 basis). For eligibility criterion, the aggregate percentage of marks secured in all the subjects of all the years shall be taken into account.
• Applicants in their final year bachelor’s degree course are also eligible to participate in Selection Process, provided they complete their graduation requirements (including practical examinations / viva / assignments / backlogs) before May 31, 2024.
• For candidates whose degree results have not yet been declared, the admission will remain provisional until they produce marks sheets and degree certificates establishing their The last date for submission of proof of graduation is December 01, 2024. Candidates who do not meet the eligibility criterion of scoring of minimum of 50% in graduation can apply for refund of 75% of the first instalment of program fee paid.
• The scrutiny of eligibility criteria will commence from August 2024 Hence, the onus of ensuring that they satisfy the eligibility criterion rests solely with the candidates. Any inaccurate information, misleading information or omission may result in withdrawal of admission offer and the fee paid by the candidate is non-refundable in such instances.
• For any clarification eligibility criterion please contact IBS Admission Office, Hyderabad

SELECTION PROCESS

7. When is the selection process conducted?

Selection process will be conducted from April 06-07, 2024 at 7 IBS campuses i.e. IBS Ahmedabad, Bangalore, Gurgaon, Mumbai, Pune, Dehradun, Jaipur & IBS Head Office.

Selection process will be conducted from April 07-08, 2024 at IBS Kolkata.

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 summarize 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?

(Amount in Rupees) 

Campus	Fee (2 years)
IBS Bangalore (Off Campus of IFHE, Hyderabad)	12,06,000/-
IBS Ahmedabad IBS Gurgaon IBS Mumbai IBS Kolkata IBS Pune	9,09,000/-
IBS Dehradun IBS Jaipur	6,03,000/-

 In addition, students have to pay Rs.10,000 as refundable Caution Deposit with the first installment of Program Fee.

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, 2024.

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, 2024 at all IBS campuses.

All the selected candidates are mandatorily required to report at the allotted campus on May 15, 2024 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]

 

Placements (Class of 2023): 

Campus			Highest CTC		Average CTC
	Placements	Average CTC	National	International	Top 10 %	Top 25 %
Ahmedabad	98%	7.3	8.29	13	9.23	8.69
Bangalore	95%	7.42	12.58	-	9.29	8.73
Gurgaon	96%	7.55	12	22.93	11.63	9.9
Kolkata	99%	7.41	8.5	-	8.42	8.34
Mumbai	98%	8.17	18.8	11.13	13.3	11.01
Pune	99%	7.59	12	56.55	10.96	9.47
Dehradun	94%	6.39	8.65	23	10.4	8.7
Jaipur	99%	8.53	9	23.31	16.99	12.06

CONTACT 

20. In case of queries on PGPM / MBA program whom do I contact?

For any queries on PGPM /MBA, you may contact on the following address, email and telephone numbers:

Admissions Officer

IBS Admissions Office

Plot no 65, Ground Floor, Nagarjuna Hills, Punjagutta

Hyderabad – 500 082, Telangana, India.

Phone: + 91–40–2344 0963 / 62 / 61 / 60

Toll Free No: 1800 425 55 66 77

E-mail: [email protected]