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IBS Kolkata Admission 2024: Dates, Courses, Eligibility, Selection Criteria

Kolkata, West Bengal
Private Institute College

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Important Updates for IBS Kolkata} }

IBS Kolkata IBSAT 2023 Result is out. Candidates can check the results using their application number on the official website. CAT Result 2023 has been released. Candidates can download the scorecard from the official website by using their login ID and username. XAT 2024 exam is scheduled for January 7, 2024.


ICFAI Business School (IBS), Kolkata offers admission into the PGP program in management (for Indian and Foreign Nationals). 

  • Admission for all PGPM courses is done through CAT, IBSAT, GMAT, NMAT.
  • Candidates who didn’t study English medium at the graduation level have to submit their TOEFL/IELTS/ NELT scores
  • Shortlisting of candidates for all courses will be based on the performance in admission tests, past academics, and work experience 
  • The selected candidates will be called for Group Discussions and Personal Interviews.
  • The candidate’s final selection is subject to past academic records, test scores, relevant work experience, GD, and PI. 
  • The online application for the PGPM course is from July onwards. 
  • The online application fee for the PGPM program is INR 1800.

Check IBS Kolkata fee structure

IBS Kolkata Admission Highlights 2023

Name of the institute  ICFAI Business School (IBS), Kolkata 
Institute type Private
Courses offered PGPM
Basic Admission Criteria Entrance Exam
Application Mode Online
Name of the entrance CAT/IBSAT/GMAT/NMAT by GMAC™
Entrance mode Online-Computer based test
Interview Yes

Events

Dates

IBSAT Exam Date

December 25, 2022

IBSAT Result

December 29, 2022

IBS Kolkata PGPM Admissions 2023

No of programs 1
Admission (Seats) CAT/GMAT/NMAT/IBSAT
Seats 150
Application Form Month July-December
Course Fee INR 8,01,000
Basic Eligibility 50% marks during graduation in any field. 
Placement statistics 100% placed (Highest salary offered=INR 10 LPA)
(Average salary offered=INR 5.8 LPA)

IBS Kolkata offers two years full time postgraduate specialised program in management. It prepares and equips the students for successful corporate careers with qualities of leadership and teamwork. 

IBS Kolkata PGPM Eligibility

Courses Eligibility
PGPM Applicants should have valid CAT/IBSAT/GMAT/NMAT score, with a minimum aggregate of 50% marks, on a regular basis (10+2+3 or 10+2+4 basis)
  • Final year graduate students can also apply, provided they have to submit their final aggregate score CGPA/Percentage by November
  • During graduation if the medium of language was other than English, candidate will have to appear for TOEFL/ NELT/ IELTS tests and sub,it either of the score valid by May. 

IBS Kolkata PGPM Selection criteria

  • The entire selection process in carried out in 3 stages
    • Briefing
    • Group discussion
    • Personal interview
  • In briefing phase, a series of seminars are provided to the candidate to give an understanding about the Programs and processes. 
  • It is conducted at over 54 locations in the month of January. 
  • Candidates will have to opt for a slot whose link will be made available at the official website, convenient to them before January. 
  • This will be followed by Group discussion and personal interview round. 
  • The final merit list shall be drawn on the basis of admission score, past academic records, work experience, GD and PI performance. 
  • Candidates will be intimated over email/on the website as the merit list, regarding their selection and shall be asked to submit the course fee as early as possible. 

IBS Kolkata Cutoffs

ICFAI Business school Admissions are ongoing for the academic year 2023. The minimum cut-off scores for getting a GDPI call scheduled at IBS Kolkata from 23 February - 4 March 2023 is as follows:

Exam Name 

Cut-Off 

CAT

60 Percentile and Above 

XAT

60 Percentile and Above 

GMAT 

500+

NMAT

150+

IBS Kolkata PGPM How to Apply?

Documents Required

  • Scanned photograph in jpeg or gif format (size maximum upto 25kb and dimensions approximately 140 – 160 pixels.
  • Valid Email ID and phone number

Steps to Apply Online:

  • Fill the Online Application form
  • Candidates are required to submit all their personal and academic details.
  • Upload the scanned photograph.
  • Enter the admission test score you want to use, to take admission into (IBSAT or GMAT®/CAT/NMAT by GMAC™ ). 
  • Select the program applying for and institute as “IBS Kolkata”
  • Upon providing all their details, the candidates are required to submit the application via online mode.
  • After the application form is submitted, an application fee of INR 1800 is to be paid using credit/debit cards or net banking. 
  • After registration, the candidates will be given a unique application number and password, which can be used to login later and print the application form. 
  • Offline forms for IBS Kolkata can be obtained from the IBS campus as well. 

IBS Kolkata Scholarship

ICFAI Business School (IBS) Kolkata offers various types of Loans and Scholarships to students. These scholarships are given in the form of concession in the program fee to students or stipend against the assistantship in library or computer lab. Various scholarships offered by IBS Kolkata are given below-

  1. Digital Marketing Ambassadors for a period of 6 months INR 6000/- per month will be offered as a stipend to students who have flair for digital and Social Media.
  2. Library Assistantship for a period of 6 months INR 5000 per month will be offered as the stipend to the students. These students are required to work in the library after college for 2 hours for 3 days a week.
  3. Computer Lab Assistantship for a period of 6 months INR 5000 per month will be offered as a stipend to the students. These students are required to work in the library after college for 2 hours for 3 days a week.

It also helps the students to avail the financing scheme from the banks, both from public and private sectors like HDFC, Axis and also from non banking financial institutions. IBS has also entered into MOUs with the following financial organisation assisting financial aid:

  • CREDILLA Financial Services
  • AVANSE Financial Services Pvt. Ltd.

IBS Kolkata Entrance-Based Scholarship 

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 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

FAQs

Ques. My GMAT scores will be announced only in January. Can I still apply to IBS Kolkata?

Ans. Yes, you can register for the program have to apply before January, as you have the provision to update your scores online into your login ID on or before the end of January. On updation of scores, the call letter for further rounds shall be issued.

Ques. How were the placements at IBS Kolkata last year?

Ans. Placements raked upto 100% in IBS Kolkata last year. The highest package offered was of 10 LPA and average package was 5 LPA. Check IBS placements

Ques. Is IBS Kolkata a government institution?

Ans. No, IBS colleges are privately owned and not through government.

Ques. Does IBS Kolkata accept correspondence degree?

Ans. If you have a valid correspondence degree with 50% of aggregate marks after 10+2, then your degree is valid for IBS Kolkata.

Ques. Are there separate hostel facilities for boys and girls at IBS Kolkata?

Ans. Yes, there are separate hostels for boys and girls.

Ques. Which are the companies recruiting students from IBS Kolkata?

Ans. Some of the high profile recruiters have been seen recruiting students from IBS Kolkata. Companies like Asia Pacific, ICICI, Deloitte, HDFC, Google, Bajaj, CitiBank participated in the recruitment process last year

Ques. Are there any executive MBA programs in IBS Kolkata?

Ans. No, as of now, there are no executive MBA programs in IBS Kolkata

COURSEADMISSION LINK
MBA/PGDM Admission Link


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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