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ICFAI Business School - [IBS], Ahmedabad

Ahmedabad, GujaratPrivate Institute 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, Ahmedabad was established in 1995 as a part of ICFAI Business School. The institute is located in Ahmedabad, Gujarat. IBS offers a postgraduate diploma course in management. Candidates are selected on the basis of their performance in the national and institutional entrance exams. Shortlisted candidates have to appear for the Group Discussion round followed by a Personal Interview. It offers facilities like AC classrooms, Auditorium, Cafeteria, Labs and Library. The institution is ranked among the top B-Schools in the country. 

Direct Link to Apply for IBS Ahmedabad Admission

During the 2023 placement drive, the participating batch achieved 98% placements. The highest salary offered was INR 13 LPA. Students received an average salary of INR 7.30 LPA. Some of the top recruiters of IBS Ahmedabad include ICICI Bank, BYJU’S, Asian Paints, S-Squad, HDFC Bank etc.

Read More: IBS Ahmedabad Fees Structure

IBS Ahmedabad 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 13, 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

ICFAI Business School Key Facts

  • Candidates can apply to the college through online mode on the official website.
  • Candidates have to appear for one of the following entrance exams: CAT (2020 onwards)/ GMAT/ NMAT by GMAC/ IBSAT (2022)/ XAT (2020 onwards)
  • During the 2023 placement drive, the highest international & national salary stood at INR 13 LPA & INR 8.29 LPA. 
  • The college has highly qualified and well-experienced faculty members who provide guidance to the students.

ICFAI Business School Ranking

  • ICFAI Business School has received ‘A6’ by Business Standard.
  • It is ranked 11th among Emerging 40 Top B-Schools of Excellence and 2nd in Gujarat by CSR – GHRDC.
  • IBS has received the Bloomberg UTV B-School Excellence Award of the year.
  • ICFAI Business School received an ‘A’ from the Business & Management Chronicle.
  • It was ranked 21st among the Top 30 B-Schools and 8th in the West zone by Silicon India.
  • IBS was ranked 14th among Top New Generation B-Schools.
  • ICFAI Business School was ranked 4th among Zone-wise B-Schools by Digital Mailers.

ICFAI Business School Courses

ICFAI Business School provides a full-time 2-year PGPM course in its curriculum. The course is available in 12 different specializations which include Advertising and Media, Banking Insurance & Financial Services, Business Analytics, Digital Marketing, Finance, International Business, Operations, Sales and Marketing, Supply Chain, IT and Systems, Human Resources and Entrepreneurship. The course fee is INR 9.09 Lakhs for 2 years. The available seats are 60 – 200 under different specializations. Following are the details for the same: 

Courses Specialization Eligibility Selection Criteria
PGPM Management Passed graduation with 50% in any stream. CAT (2020 onwards)/ GMAT/ NMAT by GMAC/ IBSAT (2022)/ XAT (2020 onwards)

IBS Ahmedabad MBA Admission Process

Once the candidate qualifies and has a valid score in the entrance examination of CAT/XAT/IBSAT/GMAT/NMAT he or she will be called for the selection process after the successful submission of the application form. The selection process will begin in February/March 2024. The final selection will be based on the student’s performance in Group Discussion and Personal Interview round. The last date to apply for the same will be in 3rd week of December 2023.

Check: ICFAI Business School Courses and Fees 

ICFAI Business School Scholarships

ICFAI Ahmedabad also Provides INR 2 Lac scholarships on the basis of the student’s scores in the entrance exams like CAT/NMAT/XAT/GMAT. The scholarships based on the IBSAT exam have already been announced. 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

IBS Ahmedabad Cutoffs

ICFAI Business school minimum cut-off scores for getting a GDPI call is as follows:

Exam Name 

Cut-Off 

CAT

60 Percentile and Above 

XAT

60 Percentile and Above 

GMAT 

500+

NMAT

150+

ICFAI Business School Placements 2023

IBS Ahmedabad Placements 2023 recorded 985 placements. IBS Ahmedabad highest package stood at INR 13 LPA whereas IBS Ahmedabad's average package stood at INR 7.30 LPA. More highlights of IBS Ahmedabad Placements 2023 are tabulated below:

Particulars Placements Statistics 2023
Placement Percentage 98%
Highest International Salary Offered INR 13 LPA
Highest Domestic Salary Offered INR 8.29 LPA
Average Salary Offered INR 7.30 LPA
Top 25% average salary INR 8.69 LPA
Top 10% average salary INR 9.23 LPA
Top Recruiters ICICI Bank, HDFC Bank, CSB Bank Ltd, Khimji Ramdas India Pvt Ltd, Tata AIG General Insurance, Asian Paints, BYJU’S, Alok Ingots, Exide Industries Limited, S-Squad, Unicorp Technology LLC 

Check: ICFAI Business School Placements

ICFAI Business School Faculty

ICFAI Business School faculty members are well experienced and immensely committed to their work and are always ready to offer help to the students. All the teachers have the highest educational qualifications and years of teaching experience. They work to train the students to make them perfect in all management aspects. Faculty members also enlighten students with the necessary tips and tricks to help them perform excellently in academics to achieve the best results. The college has 6 faculty members.

Check: ICFAI Business School Faculty

ICFAI Business School FAQs

Ques. Does IBS Ahmedabad provide educational loans to its students?

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.

Ques. Does IBS Ahmedabad provide hostel accommodation to its students?

Ans. Hostel facility is available at IBS Hyderabad and IBS Jaipur only.

Ques. What is the pattern of the IBSAT aptitude test conducted by IBS Ahmedabad?

Ans. The IBSAT paper has 140 multiple-choice questions. The pattern of the entrance test is as follows:

Section Marks
Verbal Ability 50
Reading Comprehension 30
Quantitative Aptitude 30
Data Adequacy & Data Interpretation 30

Ques. What is the last date to apply for IBSAT?

Ans. The last date for applying to IBSAT 2022 is 3rd week of December 2022.

Ques. Does IBS Ahmedabad provide internship opportunities?

Ans. Yes. IBS has a Summer Internship Program which is approximately 14 weeks in duration. Some of the major internship recruiters at IBS are Bank of America, Barista Coffee Company, Dr Reddy's Laboratories, KPMG, Axis Bank, Genpact India, Reliance Communication, Capital IQ, Citi Bank, Coca-Cola,etc.


Top Courses, Fees & Eligibility

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PGPM

Total Fees

909,000
Duration2 Year(s)
Exams accepted
Application Date16 Dec 2023
EligibilityGraduation with 50%
Cut off-RankingNo Ranking Found


IBS Admission 2024 Dates

Important Events

EventDate

Placement

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

companyAditya Birla Group testing root
companyAvery Dennison
companyBank of America

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Contact details & location

Get contact details of ICFAI Business School - [IBS]

Opp. Annapurna Dham Por, Adalaj Koba Road India - 382421
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