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ICFAI Business School - [IBS], Kolkata

Kolkata, West Bengal
Private Institute College

Important Updates for IBS Kolkata} }

  • IBSAT 2023 is going to be conducted again in offline mode on February 3 – 5, 2023. Candidates who have registered but could not appear for the exam scheduled on December 24 & 25, 2022 can now appear for IBSAT 2023 in the February session.
  • ICFAI Business School  IBSAT exam was conducted on December 25, 2022. The result is Released on December 29, 2022.

ICFAI Business School (IBS), Kolkata is one of the best B-schools in the country and it renders excellent academic facilities. The college offers postgraduate and research programs in the discipline of Management. Established in 1995, ICFAI Business School is a constituent of ICFAI University.

Chat with Experts & Aspirants, get exclusive insights: Join IBS Kolkata Community

The college has a facilitated Placement Cell that conducts placement drives every year & also provides placement assistance to its students. IBS Kolkata Placements 2024 recorded 99% placements. The highest and average package stood at INR 10 LPA and INR 6.7 LPA respectively. Some of the top recruiters of IBS Kolkata Placements are Kotak Mahindra Bank, PWC SDC, Deloitte Tax Services, CSB Bank Ltd, HDFC Bank Ltd etc.

IBS Kolkata 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 PGPM Program February/ March 2025
MBA 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

IBS Kolkata Highlights

Established | Type 1995 | Private
Course offered | Type PGPM | Management
Selection criteria Entrance based
Entrance exam IBSAT
Accepted exam scores TOEFL/ NELT/ IELTS/ GMAT/ CAT/ NMAT/ XAT
Application mode | Fee Online | INR 1,800
Location Plot # Y1, Block EP, Opp. Godrej Waterside IT Park, Sector-V, Salt Lake, Kolkata-700091 West Bengal
Official website | Contact https://www.ibsindia.org/ibs-kolkata/ | 033-23577125

IBS Kolkata Ranking

Ranking Ranking Authority
62 All India Rank among top 100 Private B-Schools. Education World
1st Rank in Eminent B-Schools of Eminence 2022 CHR-GHRBC B-School Survey
Ranked 8th in A++ Category (All India) 2022 Silicon India B-School Survey
Ranked 2nd in East Zone NA
108th All India Business Today
17th All India Silicon India
2nd in Eastern Zone Silicon India
11th among Top New Generation B-Schools and 2nd among Zone wise Digital Mailers
2nd in West Bengal and 4th in the Eastern Region among B-Schools of excellence CSR GHRDC

IBS Kolkata Course and Fees

ICFAI Business School (IBS) Kolkata offers a two-year full-time PGPM Program. Eligibility for the course is a Graduate degree with 50% aggregate marks with the medium of instruction as English. Applicants not meeting the IBS Kolkata 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.

Further, candidates who have qualified based on IBSAT/CAT/NMAT/XAT/GMAT score are called for the selection process.

The selection process includes Micro Presentation and Personal Interview. Moreover, the final selection is based on past academic record and performance of the candidates in Micro Presentation and Personal Interview.

The course fee is INR 9.09 Lakhs for the 2-year programme. The available seats are 120 - 200 for different programmes. 

Read More: IBS Kolkata Fee Structure

IBS Kolkata Scholarships

IBS Kolkata 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 Kolkata also provides INR 2. Lac scholarships on the basis of the student’s scores in the entrance exams like CAT/NMAT/XAT/GMAT. The scholarship amount would be adjusted to INR 1,00,000 for 2 semesters along with the course fees. The Minimum Cut-off score to be eligible for the ICFAI Business School Scholarship is as follows:

Scholarship Eligibility Cutoff Scores

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 Kolkata Admission

Admission to ICFAI Business School Kolkata is through the IBSAT exam conducted by the IBS group. Below are some details related to the IBS Kolkata admissions:

About IBSAT

IBSAT is an online aptitude test conducted by The ICFAI Foundation for Higher Education for students seeking ICFAI Business School Kolkata Admission to the PGPM of IBS Kolkata. Applicants need to secure a good score on IBSAT to get qualified for the selection process.

Selection Process

Applicants who have valid scores of IBSAT/ GMAT/ CAT/ NMAT/ XAT by GMAC are called for the selection process at IBS Kolkata. The final selection is based on past academic records and the performance of the candidates in the Micro Presentation and Personal Interview rounds.

Read More: IBS Kolkata Admissions

IBS Kolkata Cutoffs

ICFAI Business School minimum cut-off scores for getting a GDPI call are as follows:

Exam Name 

Cut-Off 

CAT

60 Percentile and Above 

XAT

60 Percentile and Above 

GMAT 

500+

NMAT

150+

IBS Kolkata Placements 2024

IBS Kolkata Placements 2024 recorded 99% placements. IBS Kolkata highest and average package stood at INR 10 LPA and INR 6.7 LPA respectively. Some of the prominent recruiters of IBS Kolkata Placements include Deloitte Consulting, EY, ICICI Bank, Aditya Birla Capital, CSB Bank Ltd, HDFC Life etc. More highlights of the placement drive are tabulated below: 

Particulars Placements Statistics 2024
Placement Percentage 99%
Highest domestic salary offered INR 10 LPA
Average salary offered INR 6.7 LPA
Top 10% average salary INR 8.77 LPA
Top 25% average salary INR 8.43 LPA

Read More: IBS Kolkata Placements

IBS Kolkata Faculty

The faculty at IBS, Kolkata are highly experienced and well-qualified. The faculty members have expertise in their respective fields which provides the best knowledge to the students. They provide proper guidance to the students through their experience. The faculty members are helpful, and supportive and have a proper understanding of their areas of expertise.

Read More: IBSAT Faculty

IBS Kolkata Branches

ICFAI Business School (IBS) Branches located in India are as follows:

IBS Kolkata FAQs

Ques. What are the facilities available at IBS Kolkata for students?

Ans.  IBS Kolkata Facilities:

  • A state-of-the-art Wi-Fi campus with air-conditioned classrooms.
  • Library and reading room with over 20,000 books, international journals, magazines, and online database facilities.
  • A team of faculty members, apart from guiding students, are also engaged in research and in conducting training programs for practising managers.
  • Psychological Counselling by Trained and Professional Counsellors.
  • Soft Skills Training by Experts.
  • Availability of off-campus accommodation on a sharing basis in the vicinity of the campus.
  • Modern audio-visual teaching aids.
  • Classrooms with Internet connectivity and projectors.

Ques. Which degree is provided at IBS Kolkata?

Ans. ICFAI Business School Kolkata or IBS Kolkata provides no degree but a certificate to students. PGPM, the only program offered at IBS Kolkata is a certificate course and not a degree. Students pursue this certificate course as it is equivalent to an MBA degree.

Ques. Who are the top 10 recruiters of IBS Kolkata?

Ans. The top recruiters of ICFAI Business School Kolkata are:

  • HDFC Bank
  • ICICI Bank
  • IMRB International
  • IndusInd Bank
  • Hinduja Leyland Finance
  • ICICI PRUDENTIAL LIFE INSURANCE COMPANY
  • Square Yards
  • CignaTTK Health Insurance
  • BYJU'S
  • Anarock Property Consultants

Ques. What is the IBSAT 2024 Exam Pattern?

Ans. The IBSAT 2024 consists of 140 questions in the following subjects:

  • Verbal Ability – 50 questions
  • Reading Comprehension – 30 questions
  • Quantitative Aptitude – 30 questions
  • Data adequacy and Data Interpretation – 30 questions

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 Kolkata?

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 Kolkata?

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.


Top Courses, Fees & Eligibility

Select degree :
PGPM
Select stream :
Management

Total Fees

9,09,000
Duration2 Year(s)
Exams accepted
Application Date31 Mar - 21 Dec 2024
EligibilityGraduation with 50%
Cut off-RankingNo Ranking Found

College Faculty

Basic Information About Faculty

Dr. Kumar Satyaki Ray

Associate Dean & Dy PCO


Dr. Sujoy Kumar Dhar

Faculty Member


Prof. Nirendu Konar

Faculty Member


Prof. Dibyendu nandy

Faculty Member


Dr Anirban Mandal

Faculty Member


Dr. Shefali Goyal

Faculty Member


Prof. Arpita Chowdhury

Faculty Member


College Facilities

Basic Information About Facilities

Medical
Laboratory
Library
Auditorium
Cafeteria
Classrooms
Security

Placement

Find Placement Details about ICFAI Business School - [IBS] here.

companyAditya Birla Group
companyAvery Dennison
companyBank of America

College Ranking

Ranking of ICFAI Business School - [IBS]


In News

Catch All Media Coverage Of This College

ICFAI Business School Maintains a Successful Placement Streak for Last Three Years
New Delhi: ICFAI Business School has maintained a streak of successful placements throughout the years 2020-21-22. Due to its high placement rate, it is considered to be one of the top business schools in the country.  ICFAI Business School offers a 2- year full-time MBA program whic
Placements Class of 2022 of ICFAI Business School IBS
IBS has maintained an impeccable placement record over the years. This year IBS has recorded over 95% successful placements from the participating batch across the 9 Campuses. Details are as under. Highest International Salary package offered: INR 53.45 LPA Highest Domestic salary package of
Scholarship program by ICFAI Business School IBS
ICFAI Business School has increased the number of scholarships up to INR 10 crores which are disbursed across various categories of candidates. The various categories of candidates include meritorious students, wards of ICFAI Business School (IBS) Alumni, wards of defense personnel, and persons with
IBSAT 2022 Registration Ongoing
New Delhi: IBSAT 2022 registration process is ongoing by the ICFAI Business School. Candidates seeking admission in the MBA/PGPM programs at various IBS campuses can submit the application form through the official website, ibsindia.org. The IBSAT 2022 exam is expected to b

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Contact details & location

Get contact details of ICFAI Business School - [IBS]

Plot #Y1, Block EP Sector-V, Salt Lake City India - 700091
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Ask your question


Answered Questions

ICFAI Business School - [IBS]: 3 answered questions

YA

Yash Arora

21 Feb 23

If you're considering an MBA program, Hyderabad, Mumbai, and Gurgaon are three of the most attractive options based on their placement prospects. Only the Hyderabad, Jaipur, and Dehradun campuses offer an MBA program, while other campuses offer PGPM. If you want a dual degree, you can pursue a PGPM from the campuses offering the program, combined with a distance learning MBA.

The cost of your education is another important factor to consider. The Mumbai and Gurgaon campuses will cost you approximately INR 9 lakhs for PGPM, while the Hyderabad campus charges approximately INR 16 lakhs for an MBA.

In terms of placement statistics, IBS Hyderabad had a 99% placement percentage in 2022 with an average package of INR 8.71 LPA. On the other hand, IBS Mumbai had an average package of INR 7.14 LPA with the highest international and domestic packages of INR 53.45 LPA and INR 15 LPA, respectively. IBS Gurgaon had an average salary of INR 6.81 LPA with the highest international salary of INR 22.18 LPA and the highest domestic salary of INR 11 LPA. The average salary for the top 10% and top 25% was INR 10.06 LPA and INR 8.76 LPA, respectively.

Before making your final decision, it is important to carefully weigh all of these factors. While Hyderabad offers excellent opportunities for development and growth, including a strong club culture, Mumbai and Gurgaon may be better options for you if you are closer to your hometown or primarily concerned about the return on investment.

...Show More

AJ

Akanksha Jindal

16 Oct 20

Doon Business School is ranked at 30 for BBA by India Today in 2020. It offers two programs in BBA from HNBGU and Sri Dev Suman Uttarakhand University. ICFAI on the other hand is a leading private University that is ranked at 89 in Business by India Today in 2019. It offers a general BBA degree and BBA with a specialization in Financial Investment Analysis.

Let us draw a brief comparison between the programs offered by both the universities:

Admissions:

Particulars Doon Business School ICFAI University
Eligibility criteria Minimum score of 50% in 10+2 with mandatory English. Minimum 50% score in 10+2
Qualifying Exams Merit screening N/A
Total seats 40 60
Fees INR 4.13 L INR 3.57 L

Faculty:

Doon Business School:

  • The University employs top-notch faculty members who are industry experts and have years of academic expertise in their field of teaching. 
  • Most of the faculty members are alumni of esteemed institutions like IIM and IIT and are responsible for designing a competitive and contemporary course structure. 

ICFAI University:

  • The faculty at ICFAI follow an interactive teaching methodology and use online databases, articles, videos, and PPT’s to teach practical concepts. 
  • The faculty employed are alumni members from IISC, NALSAR, and IIM and have years of experience and knowledge in the field of Business Administration.

Infrastructure:

Doon Business School: 

  • The campus is completely eco-friendly and is surrounded by nature in and around campus. 
  • It has a number of gardens and parks within the campus. 
  • The infrastructure is modern with smart classrooms, a computer center, well-maintained labs, digital libraries, an auditorium, a sports complex, and much more. 
  • It also offers great hostel facilities.

ICFAI University: 

  • It has a huge campus that offers multiple academic buildings, practical labs, seminar halls, dining facilities, and separate hostels. 
  • It also offers a well-stocked library which is open 24/7, a computer center, high-speed Wi-Fi access, and recreational facilities for students.

Placements:

Doon Business School:

  • The placement rate for BBA was recorded to be 60%.
  • The highest CTC was 4.5 LPA whereas the average salary was 3 LPA.
  • Some of the top recruiters include Amazon, ONGC, Berger Paints. 

ICFAI University:

  • The overall placement rate of the university for BBA was 75%.
  • The highest CTC was 11 LPA while the average salary was 6 LPA.
  • The top companies that visited the campus were Aditya Birla Group, Airtel, Axis Bank

Students can keep the above points in mind before making a choice regarding the best University for BBA program.

...Show More

AR

Arnav Roy

19 Aug 22

IMI Kolkata is better, among these three B-Schools. It has a dedicated pool of faculty. The faculty members are well-experienced in their respective fields. Professors of IIMs visit the campus for guest lectures. IMI has a case study-based learning system like tier-1 B-Schools. 

The placements are good. Students receive a good return on investment. The course fee is only 13 Lakhs, while the salary packages offered goes up to 20 LPA, according to IMI Kolkata placements 2022 highlights. 

...Show More

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