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IBS Gurgaon Admission 2024: Dates, Courses, Eligibility, Selection Criteria

Gurgaon, Haryana
Private Institute College

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Important Updates for IBS Gurgaon} }

IBS Gurgaon 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)Gurgaon is a constituent of the ICFAI Foundation for Higher Education. It offers Post Graduate Program in Management (PGPM) which is a two-year full-time degree course. The application form can be filled online or offline on payment of INR 1800 by Credit/Debit card/Net-Banking or through cash.

  • Basic eligibility to apply for the PGPM course offered by IBS Gurgaon is a Bachelor’s degree with 50% marks from a recognized university.
  • Applicants seeking admission to the PGPM course must clear the IBSAT entrance exam conducted by the IBS group.
  • Candidates who have a valid score in GMAT/CAT/NMAT by GMAC/XAT/MAT or CMAT can also apply for PGPM offered by IBS, Gurgaon.
  • The final selection of the candidate is based on the score obtained in the IBSAT entrance exam along with group discussion and the personal interview taken together.

Read about IBS Gurgaon Courses & Fee

IBS Gurgaon Admission Stories

Name CAT Percentage Work Experience Graduation score Link
Indu Sharma SNAP - 70 Worked at Mobi Serve Pvt. Ltd. as a Product Analyst for 2 Years and 3 months. 7.61 Read More
Ankit Kumar 78 Fresher 65 Read More
Avinash Kumar SNAP - 77 Fresher 72 Read More
Yashika Kulshreshtha - Fresher 5.95 Read More

IBS Gurgaon Admission Highlights 2023

Name of the institute ICFAI Business School [IBS] Gurgaon
Type of Institute Private
Basic Admission Criteria Entrance-Based
Name of the Entrance Exam IBSAT/ CAT/ GMAT/ NMAT by GMAC/ CAT/ MAT/ XAT/ CMAT
Entrance Mode Online
Application Fee INR. 
Mode of Application Online/Offline
Placements Yes
Reservation Yes
Scholarships Yes

IBS Gurgaon Important Dates

Events

Dates

IBSAT Exam Date

December 25, 2022

IBSAT Result

December 29, 2022

IBS Gurgaon PGPM Admissions 2023

Duration of the Program 2 Years (4 semesters)
Basic Eligibility Criteria Bachelor’s degree with 50% marks in any discipline
Basic Selection Criteria National Level Entrance Exam
Tuition Fee INR. 8.02 Lakhs
Average CTC INR. 6.05 LPA
Highest Domestic Salary INR. 16.05 LPA

IBS Gurgaon PGPM Eligibility

  • Graduation (any discipline) with 50% and above marks, with English as the medium of instruction. 
  • All applicants should have completed a minimum of 15 years of education (on 10+2+3 or 10+2+4 basis).
  • Candidates not meeting the 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.

IBS Gurgaon PGPM Selection Criteria

  • Candidates will be shortlisted on the basis of their score in IBSAT or CAT/GMAT/NMAT by GMACTM.
  • Qualified candidates will be called for the selection process at the IBS campus.
  • The selection process will comprise of:
    • Group Discussion
    • Personal Interview

The cut-off (percentile) for ISBAT is expected to be around 65-67.

IBSAT Exam Pattern

IBSAT is an online aptitude test conducted by The ICFAI Foundation For Higher Education for students seeking admission to the MBA/PGPM programs of IBS.

  • IBSAT is a Computer Based Test (CBT) and consists of 140 multiple-choice questions. 
  • Duration of the exam: 2 hours 
  • The exam will test the applicant’s ability in- 
    • Verbal Ability: 50
    • Reading Comprehension: 30
    • Quantitative Aptitude: 30
    • Data Adequacy & Data Interpretation: 30

IBS Gurgaon 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 Gurgaon 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 Gurgaon Scholarship

IBS Gurgaon PGPM How to Apply?

The application is available online as well as offline. To apply for admission to the PGPM program at IBS Gurgaon. To apply offline, one can obtain the application form from any of the recognized marketing offices of the college on payment of INR. 1800/- as application fee. 

For online applications, the form submission and payment can be done directly on the website after registration.

Online Application

  • Visit the official website of IBS and register.
  • Fill in the details:
    • Personal information
    • Correspondence details
    • Exam Scores
  • Review the details provided.
  • Pay the application fee of INR. 1800/- via Credit/Debit card or through Net-Banking.
  • After the transaction, you will receive an e-mail regarding the application number and password.

Offline Application

  • Purchase the application form from the Marketing office of IBS.
  • On the purchase of the application form, you will receive an application number and password.
  • Login with the application number and password given on the scratch card an fill the mandatory details.
  • Within seven days IBS will send the admission bulletin to the students.

FAQs

Ques. Is hostel accommodation available at IBS Gurgaon for the students?

Ans. No, the Hostel facility is not available at the IBS Gurgaon campus. The boarding facilities are only available at IBS Hyderabad & Jaipur. However, campus administration will assist the students in getting suitable off-campus accommodation near the campus.

Ques. Is there any financial assistance provided by IBS Gurgaon?

Ans. The candidates selected for IBS Programs can avail of educational loans from Public/Private Sector Banks. IBS has also entered into MOUs with the following financial institutions:
  • CREDILLA Financial Services
  • AVANSE Financial Services Pvt. Ltd.

Ques. Is the exam pattern of the IBSAT test similar to the CAT or the GMAT?

Ans. IBSAT is an aptitude test. The duration of the exam is two hours. The paper is divided into four sections Verbal Ability, Reading Comprehension, Quantitative Ability, and Data Adequacy & Data Interpretation.

Ques. When will the IBSAT exam take place?

Ans. The IBSAT exam will take place somewhere around the month of December. The results for the same will be declared during the first week of January. (Tentative)

Ques. Does IBS Gurgaon offer any scholarships?

Ans. ICFAI Business School (IBS) recognizes and encourages meritorious students. IBS Offers Campus Merit scholarship and I-LEAD Assistantships (IBS Learn, Earn & Develop).

Ques. Does IBS Gurgaon offer placements?

Ans. IBS Gurgaon has a very active placement cell. The students are trained in various aspects to get meaningful employment and make their mark in the corporate world.

Placement Statistics observed during the previous year:

  • Highest Domestic Salary: INR. 16.20 LPA
  • Highest International Salary: INR. 15.00 LPA
  • Average Salary: INR. 6.44 LPA
  • Total Students: 890
  • On-Campus Placements: 99%

COURSEADMISSION LINK
PGPM Admission Link

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Ask your question

Answered Questions

ICFAI Business School - [IBS]: 6 answered questions

US

Uttirna Sarkar

31 Jul 21

IMT Ghaziabad is one of the oldest institutes established in the year 1980 and is considered a notable institute among the top B-schools. It is one of the leading providers of Management of Education in the country. It is a highly esteemed college recognized by AACSB.

Some of my friends studied here. According to them, it holds a superior position in the category of B-schools in the country. Here are some facts about the college they shared -

  • The institute places a primary emphasis on enhancing leadership among its students through innovation, social responsibility, and execution.
  • IMT Ghaziabad also has a distance learning program that allows the enrolled students to build up exceptional knowledge and skills to complement your resume.
  • It’s distance learning campus was recently presented with the award for the best B-school in Distance Learning by Dainik Bhaskar.
  • The PGDM that is offered by IMT-CDL through the distance learning program.
  • It is specially designed to equip the students with comprehensive management education.
  • IMTCDL also offers the PGDM (Executive) for corporate and professionals.
Categories IMT Ghaziabad
Course Fee 19.53 lakh
Placement Percentage (overall) 80-90%
Highest CTC 28 LPA
Average CTC 12 LPA
Recruiting Companies Cognizant, Berger, ICICI Bank, American Express, etc.

You should wisely evaluate your options as well as the facilities provided by your choice of college. your higher education would pave the way to your career therefore be wise while making your decision. If you bear doubts further, you might visit the campus, drop in an inquiry or receive career counseling to sort the best for yourself.

...Show More

AJ

Arshit Jain

02 Mar 23

You should consider NDIM in New Delhi as the best option among the four colleges: Asia Pacific in New Delhi, IMS in Ghaziabad, and IBS in Gurgaon. Although all of these colleges offer similar academic programs and job placements, NDIM is known to be more cost-effective and highly sought after by organizations. The fee for the PGDM program at Asia Pacific is approximately 10.2 lakhs, whereas the fee for IMS is 10.3 lakhs, and for IBS Gurgaon is 11 Lakhs.

On the other hand, NDIM's program fee is only 9.3 lakhs. Additionally, the industrial environment in New Delhi will provide you with numerous job opportunities and projects.

...Show More

ST

Samyak Thakur

22 Jul 22

Among these IILM is the best option for an MBA. It has a small batch size. So, each student gets the required attention and good placement opportunities. IILM has a vibrant residential community. Peer learning opportunities are ample. The institute has a dedicated faculty pool. You will learn the ropes of management from the best in industry. 

IILM placements are impressive. The average CTC for the institute is around INR 4.50 LPA. Deloitte, E&Y, HUL, and HSBC, are the major recruiters to take part in placement drive. 

...Show More

DG

Debashish Gupta

08 Mar 22

Between these two options, MBA from IBS Hyderabad is better. However, you should know that the ROI for the degree isn’t that good. Due to the huge student intake, everyone doesn’t get the required attention. During placement too, every student doesn’t get placement offers. IBS Hyderabad placement highlights state the average CTC offered was 7.97 LPA. 

If you are going to Hyderabad, you should consider other reputed management institutes like Ashoka School of Business. 

...Show More

ST

Samyak Thakur

14 Aug 20

First of all IBS Gurgaon does not provide an MBA degree, it provides three courses PGPM (Postgraduate Program in Management), BBA, Ph.D. it is a privately owned college not affiliated by UGC. Hence the college has no right to award an MBA degree instead of this it only awards a certificate of the postgraduate program in management.

Established

1995

State

Private

Course

MBA/PGPM

Admission Criteria

IBSAT/CAT/GMAT

Total Fee

8,00000

  • IBS Admissions Process:

Students are admitted to the MBA/PGPM programs through the IBSAT scores. It is an online test i.e., a computer-based examination with multiple-choice questions. The duration of the exam is two hours. The questions are posed in such a manner to test the quantitative aptitude, data interpretation, vocabulary, data adequacy, analytical reasoning, and reading comprehension skills of the candidate.

  • Placement:

Placements here in MBA/PGPM were decent for the 2019 batch. The highest salary package offered was around 16 LPA, and the average salary package offered is 6-8 LPA. Various good companies of Gurugram and Big 4s visit the campus every year majorly for finance, marketing, and HR. Banks and Insurance companies also visit the college to hire students.

  • Fee:

The fee for MBA/PGPM is around 8 lakhs. This includes tuition and other fees for each semester. Nearly 4 lakhs per year. The charges of foreign tours are not included in this fee. We can submit the fee in 5 installments.

  • Faculty:

The faculties for MBA/PGPM are good and have great knowledge of their subjects. They are always ready to help. But there is less number of permanent faculty, most of the faculty is on a contract/outsourcing basis.

IBS enlarges the MBA/PGPM Program with soft skills which gives a unique opportunity for the students to develop, enhance their personality, and communication and presentation skills. In addition to the core and specialization courses offered in the MBA/PGPM Program, IBS offers a summer internship program that forms a unique component of education at IBS.

...Show More

NS

Neha Singh

14 Aug 20

Comparing two institutions helps one to get a better idea. IBS Gurgaon and Lovely Professional University both are outstanding institutions for business administration in India. IBS Gurgaon is UGC approved, ICFAI affiliated college. LPU is a self- financed university in Punjab approved by UGC, CAO and AIU.

Course offered:

IBS Gurgaon offers only one course which is a 2 years master diploma in business administration (PGDMA) enrolling 600+ students every year. LPU offers nearly 300 courses out of which 8 are masters in business administration.

Ranking:

IBS Gurgaon ranks 2nd among the 40 best business schools of excellence in India by digital mailers. It is also ranked 3rd among the North Indian business schools in 2019. As per data released by the Human Development Ministry of India, LPU ranks 2nd among the business schools in India.

Hostel facilities:

In IBS Gurgaon, there is no hostel facility but the administrative staff will help the students to find PGs and hostels near the campus which will generally cost 8K to 15K on average. LPU has three categories of residence. They are standard rooms ranging from six- seaters to single-seater rooms. The apartment is ranging from, four- seaters to single-seater and dormitory is ranging from nine- seaters to four- seaters. The fee in average for all these categories falls between 40K to 1.55Lks.

Other features are mentioned in the table below:


 

IBS GURGAON

LOVELYPROFESSIONAL UNIVERSITY

Eligibility

50% aggregate in any discipline and preferable score in CAT can apply. Admission will be based on IBSAT entrance exam score and personal interview.

Indian candidates with 55% marks. 5% aggregate relaxation is given to Kashmir migrants, Northeastern, Sikkim and defense personals. 10% relaxation is given to A, A+ category sports persons. Applicants will be ranked by the LPUNEST test score and personal interview.

Fees Structure

4 LPA

3 LPA

Scholarships And Other Financial Aid

IBS Gurgaon has three “Study and Earn schemes”, in which students can work as a digital marketer or lab assistant, library assistant and earn 5000 per month. Other than this, scholarships are given to students who score above 75% in their semester examination.

Scholarship exam is conducted along with the entrance exam in LPU. The higher the score in the entrance, lower will be his fees. Hostel students can also work in the library, lab, and university mall in shifts and get paid respectively.

Placement

91% placement record in 2020. Out of 660, 621 got campuses placed, with an average payment of 6.51 LPA. Over 151 national and international companies visited which includes companies like Ford, Wipro, ICICI bank and so on

95% placement every year. Over 500 industries visited in 2020 the average highest placement offered is 19LPA and the lowest average of 4 LPA.

...Show More


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