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ICFAI Business School - [IBS], Ahmedabad
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 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.
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 | 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 | Specialization | Eligibility | Selection Criteria |
|---|---|---|---|
| PGPM | Management | Passed graduation with 50% in any stream from a English medium institute | CAT/ GMAT/ NMAT by GMAC/ IBSAT/ XAT + Micro Presentation + Personal Interview |
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 | |||
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.
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.
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IBS Fees & Eligibility
| Course | Fees | Eligibility | Application Date | Action |
|---|---|---|---|---|
| PGPM | ₹9.09 Lakhs (Total Fees) | Graduation with 50% | 2 Apr 2024 |
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IBS Upcoming Application Dates 2024
Important Events
| Events | Dates |
|---|---|
| CAT 2024 Result Date | Upcoming Dec 26, 2024 |
Expired Events
| Events | Dates |
|---|---|
| CAT 2024 Exam Date | Nov 24, 2024 |
| CAT 2024 Admit Card Date | Oct 25, 2024 |
| CAT 2024 Registration Date | Aug 03, 2024 - Sep 20, 2024 |
Important Events
| Events | Dates |
|---|---|
| CAT 2024 Result Date | Upcoming Dec 26, 2024 |
Expired Events
| Events | Dates |
|---|---|
| CAT 2024 Exam Date | Nov 24, 2024 |
| CAT 2024 Admit Card Date | Oct 25, 2024 |
| CAT 2024 Registration Date | Aug 03, 2024 - Sep 20, 2024 |
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IBS Cutoff 2024
Exams
IBS, NMAT Cutoff 2023
IBS, NMAT Cutoff 2023 for General Category is listed below. The overall cutoff percentile for NMAT is 55
| Courses | Round 1 |
|---|---|
| 55 |
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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:
- Eligibility: Scholarships will only be offered to candidates who have appeared for the IBSAT-2024 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
Basic Information about the Faculty of IBS
IBS College Details
Basic Information About the Colleges
Ahmedabad - 382421
Gujarat, India
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