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.