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ICFAI Business School - [IBS], Pune

Pune, Maharashtra
Private College

Important Updates for IBS} }

  • ICFAI Business School IBSAT exam was conducted on December 25, 2022. The result is Released on December 29, 2022.
  • ICFAI Business School will still be considering students with valid CAT/GMAT/NMAT by GMAC/XAT scores from 2020 onwards till January 31, 2023. 
  • 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 (IBS), Pune is a constituent of ICFAI University, is recognized by UGC and approved by AICTE. The college provides career-oriented and innovative education in the discipline of Management. IBS Pune, established in 1995, offers postgraduate and research programs across various specializations for a duration of 2 years. Admission to IBS Pune is done on the basis of state and national-level entrance exams. The institute offers facilities like AC classrooms, an auditorium, a cafeteria, a library and labs.

IBS Pune Placements 2024 recorded 99% placements. The highest package stood at INR 12 LPA & the average package stood at INR 7.59 LPA. Some of the prominent recruiters of IBS Pune Placements are ICICI Bank, PWC, HCL Technology, AU Small Finance Bank, Jaro Education, etc.

IBS Pune Important Dates 2025

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

IBS Pune Key Facts

  • Candidates can apply to the college through online mode on the official website of the college.
  • Admission is done on the basis of entrance exams such as CAT, GMAT, IBSAT, and NMAT.
  • IBS Pune has a facilitated and dedicated Placement Cell which provides job assistance to its students.
  • The college has highly qualified and well-experienced faculty members who provide guidance to the students.
  • During IBS Pune Placements 2024, the highest salary package offered was INR 12 LPA. 

IBS Pune Rankings

  • 5th Rank by CSR GHRDC among Top 49 B-Schools of Excellence.
  • ‘A+’ Grade by Business & Management Chronicle’ B-School ratings.
  • Institutional Appreciation Award by AIMS International.
  • B-School with Best Industry Interface by Dewang Mehta B-School Awards.
  • ‘A++’ by Business India.

IBS Pune Courses

IBS Pune offers BBA, MBA, and PhD to its applicants. A brief about major courses is given below:

Course Duration Eligibility
BBA 3 years 50% in 10+2 with English
MBA/PGPM 2 years Graduate + IBSAT score + Micro Presentation + PI

IBS Pune PGPM

IBS Pune flagship course PGPM is offered in 12 ranges of specializations, Advertising and Media, Banking, Insurance & Financial Services, Business Analytics, Digital Marketing, Entrepreneurship, Finance, Human Resources, Supply Chain, Sales and Marketing, Operations, IT and Systems, and International Business. The fee for the 2-year course is INR 9.09 Lakhs. It has 300 – 500 seats under different programmes. Admission to the course is done based on entrance exams such as CAT, XAT, GMAT, NMAT and IBSAT. Once a candidate qualifies for one of these examinations he or she can apply for the selection process in IBS Pune in February/March 2025. The final seat allotment is based on the candidate’s performance in Micro Presentation and Personal Interview rounds. 

Read More: IBS Pune Courses and Fee Structure

IBS Pune Scholarships

IBS also offers scholarships of INR 2 Lakhs to Top candidates in each category of IBSAT, CAT, NMAT by GMAC, XAT and GMAT test scores. 500 scholarships will be awarded to the eligible candidates. The scholarship amount of INR 2,00,000 would be adjusted for 2 semesters i.e. INR 1,00,000 in each semester against the fees payable.

Eligibility Criteria for IBSAT Merit Scholarship 2024:

  • Top performers
  • Wards of Defence Personnel (Serving/Retired)
  • Wards of IBS Alumni
  • Physically Challenged Candidates

Scholarship Eligibility Cutoff Scores

Test

Cutoff

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 Pune Admission

ICFAI Business School, Pune, admits students on the basis of merits as well as entrance scores. For the BBA program, students are given admission on the basis of marks obtained in 10+2. For the MBA/ PGPM program, students with  CAT, IBSAT, GMAT, and NMAT test scores are eligible to apply. Final admissions are given to the shortlisted students.

How to apply?

To apply for admission, applicants must register themselves online on the official website of the college. For the registration:

  • Applicants must fill out the online application form.
  • Attach the required documents.
  • Pay the application fee of INR 1,800 via credit/debit cards or net banking.

Read More: IBS Pune Admissions

IBS Pune Cutoffs

ICFAI Business School minimum cut-off scores for getting a Micro Presentation & Personal Interview call are as follows:

Exam Name 

Cut-Off 

CAT

60 Percentile and Above 

XAT

60 Percentile and Above 

GMAT 

500+

NMAT

150+

IBS Pune Placements

IBS Pune Placements 2024 recorded 99% placements. IBS Pune highest package stood at INR 12 LPA whereas IBS Pune's average package stood at INR 7.59 LPA. Some of the prominent recruiters of IBS Pune are Deloitte Consulting, KPIT Cummins, Genpact, LODHA Group, Planet Spark, Shapoorji Pallonji & Company Pvt Ltd (EPC) & many more. The placement highlights are mentioned below:

IBS Pune Placement Report
Percentage of students placed 99%
Average Salary INR 7.59 LPA
Highest Domestic Salary INR 12 LPA
Top 10% average salary INR 10.41 LPA
Top 25% Average Salary INR 9.25 LPA
Read More: IBS Pune Placements

IBS Pune Faculty

The faculty at IBS Pune are highly experienced and well-qualified. The college has 24 faculty members who have expertise in their respective fields which provide the best knowledge to the students. They provide proper guidance to the students through their experience. The faculty members are helpful, supportive and have a proper understanding of their areas of expertise.

IBS Pune Student Activities

  • Treks, sports tournaments, matches, and competitions.
  • IBS Pune has its own student Newsletter published quarterly called ‘Prerana’.
  • A students’ annual event (Zeal) is organized by students.
  • Annual Conference, "Yes! Finance Minister" is a regular event.

ICFAI Business School FAQs

Ques. What are the facilities provided by IBS Pune?

Ans. IBS Pune has state-of-the-art infrastructure which provides various facilities to the students such as ICT Classroom and Seminar Hall, a well-stocked library, laboratories, an auditorium, Indoor & Outdoor games, transport facilities, a canteen, and many more.

Ques. What is the fee structure of the MBA program at IBS Pune?

Ans. The fee structure for the MBA program at IBS, Pune is INR 9.09 lakhs for 2 years.

Ques. Does IBS Pune provide scholarships to students?

Ans. IBS Pune provides scholarships to students on merit-cum-means basis. The students belonging to reserved categories or from low-income groups can avail the facility of scholarships.

Ques. What is the IBSAT application cost?

Ans. The IBSAT application cost is INR 1800/-.

Ques. Is there any financial assistance provided by IBS Pune?

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.

Full Time Courses

Top CoursesTotal FeesEligibility
PGPM₹9.09 LakhsGraduation with 50%

Top Courses, Fees & Eligibility

Select degree :
PGPM
Select stream :
Management

Total Fees

9,09,000
Duration2 Year(s)
Exams accepted
Application Date-
EligibilityGraduation with 50%
Cut off70 PGPMRankingNo Ranking Found

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College Faculty

Basic Information About Faculty

Prof. Arun Prasad

Faculty Member


Prof. Spurti Sushil

Faculty Member


Dr. K.Deeppa

Faculty Member


Dr. Pradeep Sadarpatil

Faculty Member


Prof. Sudhir Dravid

Faculty Member


Prof. Rukhsheen Vajifdar

Faculty Member



College Facilities

Basic Information About Facilities

Comp Labs
Sports
Cafeteria
Library
Auditorium
Medical
Classrooms
Wi-FI Campus
Hostel

Placement

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

companyAditya Birla Group
companyGrasim Industries Limited
companyDeloitte

Contact details & location

Get contact details of ICFAI Business School - [IBS]

Survey No: 174, 175, DSK Sunderban – Business Hub1, Opp. DSK Toyota Showroom, ( Pawar Public School) Behind Amanora Park Town, Hadapsar India - 411028
Get Email ContactGet SMS Contact


Ask your question


Answered Questions

ICFAI Business School - [IBS]: 9 answered questions

JN

Jhanvi Nair

23 Mar 21

Here’s presenting some of the honest facts by one of my friends, a student of IBS Pune. In the batch year 2015-17, the class strength was about 250 and that of the junior classes was 450. The institute tries hard to get their students placed in the placements. But it all depends on the individual, their performance in their placement interviews.

IBS does not guarantee any placement. They just provide assistance.

  • IBS Pune offers MBA/PGDM in specialization such as HR, Marketing, Operations and Finance.
  • Most of the placement jobs are of Marketing and Sales.
  • It also offers International placements but they are limited. Only 3-4 companies from UAE and Africa visit the campus for placements.
  • Some of the international companies that visit the campus are Link Middle East(Dubai), Khimji Ramdas (Oman), Satguru Travels (Africa), etc.

Categories

ISB Pune

Average CTC (Domestic)

4-6 LPA

International CTC Offered

9-15 LPA

Recruiting Companies (Domestic)

ICICI, HDFC, Axis Bank, Allied analytics, Global DATA, TATA AIG, TATA Technology, TCS, ITC, Odessa Tech., Amazon, etc.

IBS Pune is better than most of the other colleges in Pune in terms of placement. If the student is open to marketing jobs, then IBS Pune is one of the best options.

...Show More

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

HR

Himani Rao

31 May 21

Symbiosis offers a PGDBA degree and ICFAI offers an MBA degree after two years of correspondence course.

The fee structure of both the institutes is the same so you should opt for ICFAI as the degree of MBA is more valuable than PGDBA. When it comes to job opportunities, the people with MBA degrees are given priority by the MNC’s. So, from the job point of view, pursuing MBA from ICFAI is more beneficial.

ICFAI gives placement to the one opting for distance learning so you need not worry about the placements in ICFAI. Also, it is unique as it provides certificates after every semester.

  • 1st Semester- Business Basics Certificate
  • 2nd Semester- Diploma Certificate
  • 3rd Semester- Post Graduation Certificate
  • 4th Semester- MBA degree

So, between Symbiosis and ICFAI, ICFAI is definitely the better choice. 

...Show More

KG

Krishna Gilda

16 Feb 23

Both the colleges that you have targeted i.eIBS Hyderabad and IBS and M Pune offer specialization and experience in different leagues. So comparing them is not justifiable for you. You need to compare each of them with your own profile and career prospects rather than comparing them together. The kind of students both these colleges target is extreme opposites. So you need to conduct a 3-step analysis before you choose one

  1. Conduct thorough research on the pros and cons of both the B Schools
  2. Analyze your own expectations, profile, and career inclinations and match them with the required pros and cons you have listed down
  3. Choose the college that matches your requirements and you are most satisfied with

Usually, ISB&M prefers candidates with work experience and a fresher usually goes for IBS Hyderabad. This is because IBS Hyderabad offers limited opportunities to experienced professionals and is perfect for the nurturing of a fresher. The students undergo a personality development process throughout the 2 years which help them from developing from freshers to corporate-ready people.

...Show More

HN

Hardik Nagar

24 Feb 23

Your decision of selecting an institution for higher education should not be based solely on the reputation of the institution. Your personal dedication and hard work are essential factors in your academic success. It is not the institution that matters, but your own determination and effort that will determine the quality of education you receive. Furthermore, it is important to note that individuals have pursued successful careers even without attending traditional brick-and-mortar institutions, by taking advantage of open universities and other alternatives. 

So, don't limit yourself by thinking that one institution is the best and another is the worst. Instead, focus on gaining knowledge and making a well-informed decision based on your personal circumstances and goals.

...Show More

JT

Jayant Thakur

24 Feb 23

Among the campuses of IBS, Hyderabad is considered the best, followed by Mumbai and Pune. It is assumed that the syllabus and course content are similar across the three campuses. Hyderabad is considered to be the best in terms of facilities and resources, while Mumbai is also a strong option, with good professors, case studies, presentations, and a well-equipped campus.

While IBS Hyderabad has a strong placement record, most of the offered positions are in sales. There are also opportunities in advertising, retailing, and other fields, but they are less prevalent. The pay packages offered by the college are decent. After gaining some experience through campus placements, you can explore job opportunities outside the college.

It is important to note that none of the IBS campuses are AICTE approved, but they are affiliated with ICFAI University in Dehradun. As an alternative, you can opt for a distance MBA program by paying an additional fee.

...Show More

PS

Prasangna Sharma

17 Feb 21

You should go for better alternatives if you have the options. The other campuses of IBS, i.e. Hyderabad, Mumbai, and Gurgaon are definitely better than the Pune campus. Hyderabad is the best among all the campuses of IBS. So, you can wait for the next list of IBS results and see if you can get a better campus. 

PGPM: 

If you have alternatives, it will be wise not to choose PGPM. Since it is a certificate course and not a degree. But there are provisions for getting a PGPM degree equivalent to MBA from the duly accredited campus. You should do a cross-check for it. 

Factors to consider for the PGPM (Post Graduate Programme in Management) program offered by IBS Pune.

Average CTC

6.73 LPA

Highest CTC

50.23 LPA

Top Recruiters 

Google, Amul, Zomato, Wipro, Oracle, Vedanta, TNS, Colgate, DLF, Deloitte, etc.

Student Intake 

447

Admission 

CAT/IBSAT/GMAT/NMAT

Course Fee

INR 8.01 lakhs


So, if you have the opportunity, you should wait for a better campus or consider different colleges that can offer either PGDM or an MBA degree with greater ROI, infrastructure, and better placement.

...Show More

PD

Piyush Dhar

17 Feb 21

IBS Pune offers decent placement but getting placed in your preferred sector can be difficult. 

Placement Conditions:

There are some conditions that you need to fulfill in order to be eligible for placement. 

  • Your overall CGPA should be higher than 6.0.
  • You must have above 70% attendance.
  • You must not have any NC (Non-clear paper).

Placement Cell:

The training and placement cell helps students from the beginning of their courses to become ready for placements. The placement cell also maintains a good industry-institute interface. 

Placement Statistics:

The placement statistics for the recent years at IBS Pune are stated below. 

Average Salary 

INR 6.1 LPA

Highest Salary 

INR 7.0 LPA

Placed students

99%

Top Recruiters 

Google, Amul, Zomato, Wipro, Oracle, Vedanta, TNS, Colgate, DLF, Deloitte, etc.

If you are looking for various sectors, then Gurugram and Mumbai campuses are better options to choose from. After Hyderabad, the Gurgaon campus is best.

...Show More

RC

Rishi Roy Choudhary

17 Feb 21

IBS, Pune is a highly regarded Business School that covers fundamentally every field of study a student of management has arguably thought about. Here is a brief highlight of the institute. 

  • Case-study based Pedagogy: It follows a case-study methodology for teaching. This is quite fascinating, considering you get to learn based on cases that have actually taken place.
  • Self-study: On the other hand, IBS Pune is not for those who are not self-motivated. The institute does not impose too much pressure academically so it is up to you to take the initiative to study, get your work done in time, and clear your doubts. Most students lack the self-motivation to stay focused and lose interest in studies by the end of the 1st year.
  • Faculty: According to student reviews, the faculty at the institute has expertise in subjects like marketing, human resources, entrepreneurship, and other subjects.
  • Industry Tie-ups: The college also has collaboration with many reputed companies to ensure good placements. 
  • Location: Being situated in Pune, it has a locational advantage. With Mumbai being so close, students get a lot of exposure. 

Table below will provide an overview of IBS Pune.

Average CTC

INR 6.1 LPA

Top Recruiters 

Google, Amul, Zomato, Wipro, Oracle, Vedanta, TNS, Colgate, DLF, Deloitte, etc.

Popular Course

PGPM

So, If you are driven, IBS Pune will be a great option for management studies.

...Show More

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