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.