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ICFAI Business School - [IBS], Kolkata

Kolkata, West BengalPrivate 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 2023 recorded 99% placements. The highest package stood at INR 8.50 LPA whereas the average package stood at INR 7.41 LPA. 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.

Direct Link to Apply for IBS Kolkata Admission

IBS Kolkata Important Dates 2024

IBSAT Event Dates
IBSAT Registration Window July 1, 2023
IBSAT Registration Last Date December 16, 2023
IBSAT Admit Card Release 3rd week of December 2023
IBSAT Exam Date 4th week of December 2023
IBSAT Result 1st week of January 2024
Briefing about Selection 2nd week of January 2024
IBSAT Selection Process Begins February / March 2024
CAT Events Dates
CAT 2023 Registration Starts August 02, 2023
CAT 2023 Registration Closes September 20, 2023
CAT 2023 Admit Card Release October 25, 2023
CAT 2023 Exam Date November 26, 2023
XAT Events Dates
XAT Registration Opens July 15, 2023
XAT Registration Closes November 30, 2023
Last Date for XAT Application through GMAT / GRE December 31, 2023
XAT Exam Date January 07, 2024
NMAT Events Dates
NMAT Registration August 1 - October 10, 2023
NMAT Scheduling August 1 - October 12, 2023
NMAT Re-Scheduling August 1 - December 16, 2023
NMAT Exam Dates October 10 - December 19, 2023
NMAT Registration Retake October 11 - December 16, 2023
NMAT Retake Scheduling October 11 - December 16, 2023
NMAT Last Date for Scorecard Download March 31, 2024

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
Official website | Contact https://www.ibsindia.org/ibs-kolkata/ | 033-23577125

IBS Kolkata Ranking

Ranking Ranking Authority
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

ICFAI Business School (IBS) Kolkata offers a two-year full-time PGPM Program. Eligibility for the course is a Graduate degree with 55% aggregate marks. Applicants not meeting the IBS Kolkata eligibility criteria of English medium in graduation have to submit the TOEFL/ NELT/ IELTS score. 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

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 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 Group Discussion and Personal Interview round.

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 2023

IBS Kolkata Placements 2023 recorded 99% placements. IBS Kolkata highest package stood at INR 8.50 LPA whereas IBS Kolkata's average package stood at INR 7.41 LPA. Some of the prominent recruiters of IBS Kolkata Placements include Deloitte Consulting, EY, ICICI Bank, PWC SDC, HDFC Life etc. More highlights of the placement drive are tabulated below: 

Particulars Placements Statistics 2023
Placement Percentage 99%
Highest domestic salary offered INR 8.50 LPA
Average salary offered INR 7.41 LPA
Top 10% average salary INR 8.42 LPA
top 25% average salary INR 8.34 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


Top Courses, Fees & Eligibility

Select degree :
PGPM
Select stream :
Management

Total Fees

909,000
Duration2 Year(s)
Exams accepted
Application Date10 Feb - 31 Mar 2024
EligibilityGraduation with 50%
Cut off-Ranking# 169 by India Today


College Faculty

Basic Information About Faculty

Ajay Pathak

Director and Campus Head


Kumar Satyaki Ray

Associate Dean & Dy PCO


Durga Rani Sinha

Dy. Director (Placements)


Sujoy Kumar Dhar

Faculty Member


Nirendu Konar

Faculty Member


Samprit Chakrabarti

Associate Dean (Academics)


Pallabi Ghosh

Faculty Member

Krishnendu Ghosh

Faculty Member

Arpita Chowdhury

Faculty (Soft Skills)


Placement

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

companyAditya Birla Group testing root
companyAvery Dennison
companyBank of America

College Ranking

Ranking of ICFAI Business School - [IBS]


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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

AJ

Akanksha Jindal

16 Oct 20Studied Post Graduate Diploma in Management (2019)

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.


AR

Arnav Roy

19 Aug 22Lives in Kolkata, West Bengal, India

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. 


YA

Yash Arora

21 Feb 23MBA in Marketing, ICFAI Business School, Hyderabad (Graduated 2018)

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.


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