IBSAT 2024 Application | ICFAI Business School (IBS) | Apply to IBS

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At ICFAI Business School, we nurture ambitions and turn them into opportunities

  • ₹10 crore worth scholarships
  • 25+ Years of excellence in management education
  • 9 Campuses across India
  • 10% of alumni in global career roles
  • Top recruiters from Financial Services, Banking, IT services and Consulting
  • 100% Case based teaching
  • 70000+ Alumni


Application Procedure

IBSAT 2024 is an online proctored test that you can take from the comfort of your home.

Step 1:
Register for IBSAT 2024 by paying an application fee of Rs 1800.

Step 2:
You can take the IBSAT 2024 test or submit scores from CAT, NMAT by GMAC™, XAT, or GMAT™.
Valid scores from any of these tests, taken from 2022 onwards, are also accepted in place of IBSAT 2024.

Step 3:
Wait for the results announcement and receive an invitation to the selection process if shortlisted.

Step 4:
Attend the selection process at the IBS Hyderabad campus.
(Selection process consists of Micro Presentation and Personal Interview rounds)

Step 5:
Receive admission confirmation and campus allocation.

Important Dates
IBSAT 2024 Application July 01, 2024 - 3rd week of December 2024
IBSAT 2024 Test Dates Scheduled on December 28-29, 2024
IBSAT 2024 Result 1st week of January 2025
Selection Briefings 2nd week of January 2025
Selection Process for MBA/PGPM Program February/March 2025

Scholarships and Fee Structure

Scholarship Opportunity :

A total of ₹10 Crore in scholarships will be awarded to 500 qualified candidates, with each scholarship worth ₹2 Lakhs.

Qualification Criteria :

Scholarships will be awarded based on the IBSAT 2024 test conducted exclusively on December 28th and 29th 2024

Eligibility Criteria :

  • For Toppers in IBSAT 2024: Candidates who secure top ranks in IBSAT 2024 applying for the MBA/PGPM program
  • For Wards of IBS Alumni: Children of IBS alumni applying for the MBA/PGPM program.
  • For Physically Challenged Candidates: Candidates with physical disabilities applying for the MBA/PGPM program.
  • For Wards of Defence Personnel (In-Service/Retired) from Army, Airforce, Navy, and Paramilitary Forces: Children of in-service or retired defense personnel from these forces applying for the MBA/PGPM program.
Campus Degree Fee (2 Years)
IBS Hyderabad MBA 17,01,000/-
IBS Bangalore MBA 13,05,000/-
IBS Dehradun MBA 7,02,000/-
IBS Jaipur MBA 8,01,000/-
IBS Ahmedabad, Gurgaon, Kolkata, Mumbai, Pune PGPM 9,09,000/-

Download e-Brochure

Thank you for your interest in IBS! For comprehensive details on faculty profiles, academic practices, extracurricular activities, and campus life, we invite you to download our brochure.

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36.76 LPA

Highest CTC International

26.19 LPA

Highest CTC National

Placements 2024

IBS Class of 2024 Placements Highlights

95% Placements

20 International Placements

36.76 LPA Highest International Salary

750+ Recruiting Companies

Top 10% Average CTC Rs. 14.75 L

Top 25% Average CTC Rs. 12.55 L

Average CTC is Rs. 9.71 L

Financial Services, Banking, IT/ITES & Consulting are Top Recruiting Sectors

Top Recruiters Image

The Goal of IBS is to develop ethically grounded professional managers who can add value to organizations and communities in a dynamic environment.

IBS promotes high quality learning experience in an adaptive environment, with a focus on relevance, rigor and research.

IBS believes in offering high quality, market-relevant programs to its students. It places a lot of emphasis on imparting relevant knowledge, offering practical skills, and instilling positive attitudes through new academic offerings and various other campus services.

Goals Image

IBS follows 100% Case-based teaching and was one of the first B-schools in India to do so. In the case method of learning, students are required to read the case, comprehend the business situation and apply whatever they have learnt in their books to a real-life business situation explained in the case study.

The experiential learning methodology in the program provides the students with a mechanism to seek, comprehend and internalize the knowledge on a continuous basis.

The market driven curriculum further offers the students an industry interface through a summer internship program (SIP).

The syllabus is updated on a regular basis according to the needs of the industry.

The IBSAT 2024 exam pattern closely resembles that of the CAT, but with no negative marking.
The test is divided into the following sections and has a duration of 2 hours.

Section Title No. of Questions
1 Verbal Ability 50
2 Reading Comprehension 30
3 Quantitative Aptitude 30
4 Data Adequacy and Data Interpretation 30
Total 140

Notable Alumni