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ICFAI Business School - [IBS], Ahmedabad

Ahmedabad, Gujarat
Private 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 Micro Presentation 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. 

During the 2024 placement drive, the participating batch achieved 98% placements. The highest salary offered was INR 12 LPA. Students received an average salary of INR 7.79 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 2025

IBSAT 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

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/ GMAT/ NMAT by GMAC/ IBSAT/ XAT 
  • During the 2024 placement drive, the highest national salary stood at INR 12 LPA. 
  • The college has highly qualified and well-experienced faculty members who provide guidance to the students.

ICFAI Business School Ranking

  • Education World Survey 2023: 62 All India Rank among top 100 Private B-Schools
  • CSR - GHRDC top 3 rd Rank in Business School of Eminence 2022.
  • Bloomberg | UTV B-School Excellence Award for Excellent Industry Interface
  • 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 Course and Fees

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 from a English medium institute CAT/ GMAT/ NMAT by GMAC/ IBSAT/ XAT + Micro Presentation + Personal Interview

IBS Ahmedabad MBA Admission Process

Applicants not meeting the IBS Ahmedabad eligibility criteria of English medium in graduation have to submit the TOEFL/ NELT/ IELTS score. Applicants in their final year bachelor’s degree course are also eligible to apply, provided they complete their graduation requirements (including practical examinations / viva / assignments) before May 31, 2025. 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 be conducted between February 10 - 18 2025. The final selection is based on past academic record and performance of the candidates in Micro Presentation and Personal Interview.

Check: ICFAI Business School Courses and Fees 

ICFAI Business School Scholarships

IBS Ahmedabad offers scholarships to its students based on score in IBSAT 2024. IBS has announced scholarships worth Rs. 10 Crores exclusively for top performers in the IBSAT-2024 test, scheduled for December 28-29, 2024.

Eligibility Criteria:

  • For Toppers in IBSAT Candidates who secure top ranks in IBSAT 2024
  • For Wards of IBS Alumni
  • For Physically Challenged Candidates
  • For Wards of Defence Personnel (In-service/retired) from Army, Airforce, Navy, and Paramilitary Forces.

A total of 500 scholarships will be distributed by IBS across all its institutions. Each scholarship amounts to Rs 2 lakh per candidate, with the flexibility of adjusting Rs 1 lakh each in the first and second term installments against the program fee.

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 2024

IBS Ahmedabad Placements 2024 recorded 98% placements. IBS Ahmedabad highest package stood at INR 12 LPA whereas IBS Ahmedabad's average package stood at INR 7.79 LPA. More highlights of IBS Ahmedabad Placements 2024 are tabulated below:

Particulars Placements Statistics 2024
Placement Percentage 98%
Highest Domestic Salary Offered INR 12 LPA
Average Salary Offered INR 7.79 LPA
Top 25% average salary INR 9.39 LPA
Top 10% average salary INR 10.5 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 2024 is 3rd week of December 2024 (Tentative).

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.

Ques. How to apply for IBSAT 2024?

Ans. Candidates applying for IBSAT 2024 must follow the steps mentioned below:

  • Online Application: Visit the application portal and complete the form.
  • Personal and Contact Details: Enter your personal information and contact details.
  • Confirmation: Submit your details to proceed to the payment page.
  • Payment: Pay the application fee of Rs 1800.
  • Receipt: After successful payment, you will receive a confirmation email/SMS on your provided email address and phone number.
  • Brochure: Within one week of completing the complete application, the applicants will receive a hard copy of the IBSAT Brochure.

Ques. Are mock tests conducted by IBS?

Ans. Yes, over 2-3 free National Mock Tests are conducted for aspirants with prize money.

Ques. How is a Micro Presentation round conducted at IBS Ahmedabad?

Ans.  A Micro-Presentation in IBS Selection process is a brief talk or presentation where candidates demonstrate their communication, presentation skills, and ability to think quickly on their feet. Candidates have the opportunity to select one topic out of three. The format allows for 4 minutes in total: 1 minute for preparation and 3 minutes for delivering the presentation.

Ques. A personal interview is of how many minutes at IBS Ahmedabad?

Ans.  Each candidate will be interviewed for 5-7 minutes. The interview panel will focus on assessing the attitude and aspirations of the candidates besides evaluating their General Knowledge, communication skills, clarity of thought and expression, as well as aptitude for a career in management.


Top Courses, Fees & Eligibility

Select degree :
PGPM
Select stream :
Management

Total Fees

9,09,000
Duration2 Year(s)
Exams accepted
Application Date2 Apr 2024
EligibilityGraduation with 50%
Cut off-RankingNo Ranking Found

College Faculty

Basic Information About Faculty

Dr. Naresh Sharma

Faculty Member


Mrs. Pallavi Mittal

Academic Coordinator


Prof. Pranav Gosalia

Faculty Member


Prof. Girishchandran Pillai

Faculty Member


Dr. Nishant Agrawal

Faculty Member



College Facilities

Basic Information About Facilities

Comp Labs
Sports
Cafeteria
Laboratory
Library
Auditorium
Gym
Medical
Security
Classrooms

Placement

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

companyAditya Birla Group
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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Ask your question


Answered Questions

ICFAI Business School - [IBS]: 1 answered questions

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.

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