IBS Pune 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]](https://staticstage.collegedunia.com/public/college_data/images/logos/1569392159IBSLogowithR1.jpg?tr=h-94,w-94,c-force)
IBS Pune Admission 2024: Dates, Courses, Eligibility, Selection Criteria
Pune, Maharashtra
Private College
Content Curator updated
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About
ICFAI Business School (IBS), Pune offers admission into the PGP program in management (for Indian and Foreign Nationals).
- Admission for the PGPM course is done through CAT, IBSAT, GMAT, NMAT.
- Candidates have to submit their TOEFL/IELTS/ NELT scores as English proficiency test if they had any other language during their Graduation.
- Shortlisting of candidates will be based on their performance in the admission test, past academic performance and relevant work experience.
- The selected candidates will be called for further rounds of Group Discussion and Personal Interview.
- 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 Pune Fee Structure
Table of Content
IBS Pune Admission Highlights 2023
| Name of the institute | ICFAI Business School (IBS), Pune |
| 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 |
IBS Pune Important Dates
|
Events |
Dates |
|---|---|
|
IBSAT Exam Date |
December 25, 2022 |
|
IBSAT Result |
December 29, 2022 |
IBS Pune PGPM Admissions 2023
| No of programs | 1 |
| Admission (Seats) | CAT/IBSAT/GMAT/NMAT |
| Seats | 447 |
| Application Form Month | July-December |
| Course Fee | INR 8,01,000 |
| Basic Eligibility | 50% marks during graduation in any discipline. |
| Placement statistics | 100% placed (Highest salary offered=INR 16.35 LPA) (Average salary offered=INR 6.32 LPA) |
IBS Pune offers two years full time postgraduate program in management. It prepares and equips the students for successful corporate careers with qualities of leadership and teamwork.
IBS Pune PGPM Eligibility
| Courses | Eligibility |
|---|---|
| PGPM | Applicants should have valid admission test score, with a minimum aggregate of 50% marks, on a regular basis (10+2+3 or 10+2+4 basis) |
- Admission test scores considered for PGPM admission in IBS Pune are CAT/IBSAT or GMAT/NMAT by GMAC™.
- Final year graduate students can also apply, provided they have to submit their final aggregate CGPA/Percentage by November.
IBS Pune 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 scheduled for the candidate to give an understanding about the programs in IBS.
- 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 accordingly.
IBS Pune 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 Pune 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 Pune 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 at the mentioned link.
- 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 Pune”
- Upon providing all the details, 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.
- Students can use the application number to log in through the IBSAT website and complete the process, if not completed before.
- Print the application form and acknowledgement slip for future correspondence.
- Offline forms for IBS Pune can be obtained from the IBS campus as well.
IBS Pune Scholarship
ICFAI Business School (IBS) Pune offers various types of Loans and Scholarships to students. These scholarships are given in the form of concession and later gets adjusted from the program fee. Various scholarships offered by IBS Pune are given below-
- 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.
- 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.
- 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 organization assisting financial aid:
- CREDILLA Financial Services
- AVANSE Financial Services Pvt. Ltd.
IBS Pune Entrance-Based Scholarship
ICFAI Dehradun 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 Dehradun 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. How is the infrastructure and facilities for students at IBS Pune?
Ans. IBS Pune has well equipped campus, with auditorium, computer labs with 24X7 internet connection, library with enough of 15,000 books, 70 journals and magazines and has immense exposure to research, publication and industries.
Ques. My GMAT scores will be announced only in January. Can I still register for IBS Pune?
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 Pune last year?
Ans. Placements raked upto 100% in IBS Pune last year. The highest package offered was of 16.35 LPA and average package was 6.32 LPA. Check IBS placements
Ques. Is IBS Pune a government institution?
Ans. No, IBS colleges are privately owned and not through government.
Ques. Does IBS Pune 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 Pune?
Ans. Yes, there are separate hostels for boys and girls.
Ques. Which are the companies recruiting students from IBS Pune?
Ans. Some of the high profile recruiters have been seen recruiting students from IBS Pune. Companies like Asia Pacific, ICICI, Deloitte, HDFC, Google, Bajaj, CitiBank participated in the recruitment process last year
| COURSE | ADMISSION LINK |
|---|---|
| MBA/PGDM | Admission Link |
College Compared
Popular Colleges Compared With ICFAI Business School - [IBS]
Ask your question
Answered Questions
ICFAI Business School - [IBS]: 9 answered questions
DK
JN
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
SC
YA
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
SR
HR
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
SK
KG
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
- Conduct thorough research on the pros and cons of both the B Schools
- Analyze your own expectations, profile, and career inclinations and match them with the required pros and cons you have listed down
- 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
SC
HN
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
HY
JT
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
AT
PS
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
ST
PD
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
JB
RC
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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