ICFAI Business School (IBS), Ahmedabad
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IBS Ahmedabad PG Courses 2025

  • Private Institute
  • Estd. 1995

IBS Ahmedabad
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IBS Ahmedabad Courses & Fees 2025

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CoursesTuition FeesEligibility
MBA/PGDM(1 course)
Graduation : 50 %
Exams : NMATXAT+2 More
Ph.D.(1 course)
– / –
Graduation : 50 %
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Commonly asked questions
On Fees and Eligibility
Q:   What is unique about ICFAI Business School Ahmedabad?
A: 

Some of the perks of joining IBS Ahmedabad are as follows:

  • 100% Case-Based Learning: Case studies are used at the school to teach students how to analyse and come up with solutions for actual business challenges.
  • Placements Abroad: ICFAI Business School Ahmedabad offers its students placements abroad. Students are given the chance to work abroad and obtain useful experience in a global corporate setting.
  • Two-year, full-time management programmes are available at ICFAI Business School Ahmedabad to help students get ready for successful corporate jobs. 
Q:   What is the minimum cutoff for MBA at NTPC School of Business?
A: 

The minimum cutoff for MBA at NTPC School of Business (NSB) is not explicitly mentioned. However, the institute considers cut-offs for national-level tests such as CAT, XAT, CMAT, MAT, and GMAT, with specific percentage requirements for each test. The final selection is based on the merit of Final Composite Scores (FCS).

In the past, students in the general category have required a minimum NSB Noida cutoff of 60 percentile in the CAT 2020 examination for the Executive-Post Graduate Diploma in Management. However, this information may not be applicable to the current year or the MBA program.

To get the most accurate and up-to-date information on the minimum cutoff for MBA at NTPC School of Business, it is recommended to visit the official website or contact the admission office directly.

Q:   What are the cutoff marks required for MBA at NTPC School of Business?
A: 

The cutoff for MBA at NTPC School of Business (NSB) is not explicitly mentioned. However, the institute considers cut-offs for national-level tests such as CAT, XAT, CMAT, MAT, and GMAT, with specific percentage requirements for each test. The final selection is based on the merit of Final Composite Scores (FCS).

 

In the past, students in the general category have required a minimum NSB Noida cutoff of 60 percentile in the CAT 2020 examination for the Executive-Post Graduate Diploma in Management. However, this information may not be applicable to the current year or the MBA program.

 

To get the most accurate and up-to-date information on the minimum cutoff for MBA at NTPC School of Business, it is recommended to visit the official website or contact the admission office directly.

ICFAI Business School (IBS), Ahmedabad Fee Structure

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Commonly asked questions
On Fees Breakdown
Q:   What is the fee for PG courses at NTPC School of Business?
A: 

The fee for PG courses at NTPC School of Business (NSB) is approximately INR 16 lakhs for the PGDM program in Energy Management, which is a two-year full-time course. The fee includes boarding and lodging expenses. The institute offers a full-time PGDM program in Energy Management for a duration of two years and a full-time PGDM Executive program for a duration of 15 months. The application process is conducted online, and the institute does not accept offline applications.

Q:   What are the fees for MBA programmes at ICFAI Business School Ahmedabad?
A: 

The total college fees for an MBA at ICFAI Business School Ahmedabad are approximately INR 9 Lakhs per annum. This fee structure encompasses various components of the educational experience, including tuition, infrastructure, and other essential resources provided to students. While the cost of pursuing an MBA is a significant investment, it's important to consider the potential returns in terms of career opportunities, skill development, and earning potential. ICFAI Business School Ahmedabad is committed to providing a quality education, making it a valuable choice for those looking to embark on a rewarding journey in the field of business and management.

Q:   What is the fee structure for PGPM at IBS Ahmedabad?
A: 

The total tuition fee for Postgraduate Programme in Management (PGPM) at IBS Ahmedabad is INR 9.1 lakh. The PGPM course fee mentioned above is taken from unofficial sources. Hence, it is indicative. Candidates can refer to the IBS Ahmedabad official website for further information on the same. The total tuition fee for PGPM includes many components such as admission fee, course fee, caution deposit, and other facilities like library fee.

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IBS Ahmedabad
Students Ratings & Reviews

4.1/5
Verified Icon26 Verified ReviewsInfo Icon
Placement Review IconPlacements4.1
Infrastructure Review IconInfrastructure3.8
Faculty Review IconFaculty & Course4.3
Crowd Review IconCampus Life4
Money Review IconValue for Money4.1
What students say about ICFAI Business School (IBS), Ahmedabad
Placements
Infrastructure
Faculty
Other
LikesView All
Companies like ICICI Lombard, ICICI Prudential, Capital First, HDFC Bank, Jaro Education, Amul, Bajaj Finance, Cogoport, Piramal, etc., visit the campus for placements.
Based on 19 Reviews
DislikesView All
The college offers many placement opportunities for marketing students, but the placements offered for finance students are very low.
Based on 7 Reviews
GB
Gaurav BajajVerified Icon
Post Graduate Program in Management (PGPM) - Batch of 2020
4.4
4Placements4Infrastructure5Faculty4Crowd & Campus Life5Value for Money
This college makes ordinary students to extraordinary corporates.
Placements: The institute provides very good placements. All average and below average students at least get placed. All students get salary packages according to their capacity and intelligence. The college has great market value in some good Indian companies. The college also provides international placements. Mainly bank firms like HDFC Bank, ICICI Bank, IndusInd Bank, etc., are mass recruiters.
Infrastructure: The college has an old campus which was at Science city, between the city facing the main road. Hence it was congested, small, little noisy, and without ground. Now the campus is at Adalaj as college reputation and the number of students increased. Hence the current campus is very good. It's very spacious. There is a good parking space. It includes all basic facilities like Wi-Fi, washrooms, classrooms, auditorium, etc.
Faculty: Faculty members in the college are highly supportive and easily accessible. Any student can meet dean very easily. Faculty members have corporate knowledge as all come after working in the respective corporate field. Many visiting faculty members are invited who are currently an employee of good companies like CNBC, GIFT City, etc. PGPM syllabus has 4 semesters along with 3 months internship in between semester 3 and semester 4. It provides great practical knowledge. The grading system is relative grading, not absolute grading. Hence students can compare themselves and understand what to improve.
Reviewed on 6 Apr 2019Read More
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DS
Deepak SharmaVerified Icon
Post Graduate Program in Management (PGPM) - Batch of 2020
4
3Placements4Infrastructure4Faculty5Crowd & Campus Life4Value for Money
It is a place to learn, enjoy, explore, and develop.
Placements: Placements in our college are really fantastic. Some good bank firms and financial institutions visit the campus for recruitment. FMCG companies are very low. Some companies of FMCG visited the campus and hired students of our senior batch. Every student gets a salary package according to their capabilities and knowledge.
Infrastructure: Initially, the campus was at Science city, which was a small campus with little space. That campus didn't have a playground, etc. Now, the campus is at Adalaj, which is very good and spacious. The new campus has amphitheatre for various cultural events. The new campus has proper parking facility. There is a playground for conducting sports events.
Faculty: As the campus is shifted and the number of students increased, many faculty members are being recruited. All faculty members here come after working in the corporate field. Most of them are involved in research work and paper presentation. Campus dean himself is an alumnus of IIM Ahmedabad. The course structure includes four semesters, 20 months, and an internship between the 3rd semester and 4th semester.
Reviewed on 6 Apr 2019Read More
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PS
Palak ShahVerified Icon
Post Graduate Program in Management (PGPM) - Batch of 2020
4.4
5Placements3Infrastructure5Faculty5Crowd & Campus Life4Value for Money
Our college provides full growth for students.
Placements: Currently, I am doing an internship, but according to our seniors, there are more than 98% placements. For internships, many good companies like HDFC Bank, ICICI Bank, Big Basket and Amul visit our college. Mainly financial firms and banks visit here for recruitment.
Infrastructure: The infrastructure of our college is specious, and our college utilised space very well. There are all facilities like parking, Wi-Fi, a playground so that students can show their talent for sports. There are an auditorium for intellectual events and an amphitheatre for cultural events.
Faculty: Faculty members in our college are very supportive and help students for curricular activities besides academics. On the day first students are instructed for placements and how to crack aptitude and to get placed in companies for a good position. There are four semesters for 20 months, and 3 months internship is arranged between 2nd and 3rd semesters, which provides practical training.
Reviewed on 5 Apr 2019Read More
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SS
Saumya SinhaVerified Icon
Post Graduate Program in Management (PGPM) - Batch of 2019
4.8
5Placements5Infrastructure5Faculty4Crowd & Campus Life5Value for Money
A place which makes ordinary students to extraordinary corporates.
Placements: Institute tries to give 100% placement. Institute provides choice to each student for their choice and in which field they want to work including banking, finance, FMCG. College is visited by many good companies like HDFC bank, Amul, ICICI bank etc. All over placement is good.
Infrastructure: College has good infrastructure including library, auditorium, classrooms, proper hygienic washrooms. College is in good location far from crowd and noise. College has very good facility of parking for two wheelers and four wheelers. College has enough big sports ground for sports activity.
Faculty: Faculty members are highly learned and all have come after working in corporate. Most of faculty members did research in their respective fields. Course has 20 months and included four semesters. One mid sem. is between semester. Grading system is comparative grading not absolute grading.
Reviewed on 5 Apr 2019Read More
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KM
Kshitij MahuriVerified Icon
Post Graduate Program in Management (PGPM) - Batch of 2019
4.2
5Placements5Infrastructure4Faculty3Crowd & Campus Life4Value for Money
College doesn't give admission to brilliant people but definitely makes average people brilliant.
Placements: All other colleges provide placements to some extraordinary students while IBS provide placements to all students at least. The college has its own placement department. The average salary package can be scaled to 5 LPA, which is a good package. Mainly banks and financial institutions visit here for placements. Some very good companies like HDFC Bank, ICICI Bank, Bandhan Bank, Zydus, visit here for placement purpose.
Infrastructure: The campus was old. It is a little congested and with no space for parking and playground which was at Science city. The new campus is at Adalaj, and it is very spacious. It has a huge infrastructure. It has all the facilities like parking, playground, Wi-Fi, and a huge library. It also has an amphitheatre to conduct various cultural events.
Faculty: All faculty members have practical knowledge of corporate. Visiting faculty members who are already successful in their field and employees of various reputed firms like GIFT City, CNBC, visit to teach. Course duration is 20 months, divided into four semesters and an internship. All books and materials are provided by the institute. Hence, students are not supposed to run anywhere for the material.
Reviewed on 2 Apr 2019Read More
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SL
Sagar LondheVerified Icon
Post Graduate Program in Management (PGPM) - Batch of 2019
4.6
5Placements4Infrastructure5Faculty4Crowd & Campus Life5Value for Money
A place which must be visited and enjoyed.
Placements: Institute always tries to give 100% placement. After completion of course still Institute tries hard to settle down all unplaced students. 95% students get placed before last semester exams. Some students also get placed in starting of 3rd semester. Maximum package of college is 6.5 LPA which is quite good. Some students also get international placements in Dubai.
Infrastructure: Currently Campus has been shifted to Adalaj, which campus is quite good. This campus gives facilities of playground, one centralized library, conference room, specious auditorium. College is fully Air Conditioned. One amphitheatre is also there so many events can be conducted over there. Many cultural events are done there.
Faculty: All faculty members worked in corporate world. Many faculty members have published many research paper. Campus Dean himself is IIM Ahmedabad Alumni. Faculty members also help students in various academic activities besides many extra curricular activities are conducted in guidance of faculty members.
Other: Many various activities like cultural festivals, sports events are also conducted in institute. College doesn't have its own hostel but staff members generally arrange accommodation facility for students.
Reviewed on 2 Apr 2019Read More
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View All 28 ReviewsRight Arrow Icon

IBS Ahmedabad Courses & Fees FAQs

Q:   Is IBS and ICFAI the same thing?
A: 

IBS is a constituent of ICFAI Foundation for Higher Education (IFHE), a deemed to be University graded A+ by the National Assessment and Accreditation Council (NAAC) in 2022. Established in 1995, IBS Business School, Ahmedabad also known as IBSA is it based in Gujarat. IBS Ahmedabad has eight sister institutes, namely IBS Dehradun,  IBS Jaipur,  IBS Gurgaon,  IBS1 Hyderabad,  IBS1 Mumbai,  IBS Bangalore,  IBS Pune, and IBS Kolkata.

Q:   Is the faculty of IBS Ahmedabad qualified?
A: 

IBS Ahmedabad has highly experienced faculty who are PhD, diploma, and higher degree holders. ICFAI Business School Ahmedabad invites faculty for guest lectures and tries to offer an opportunity to students to interact with some of the best personalities.

Q:   Does IBS Ahmedabad accepts admission in PGPM through any other exam apart from IBSAT?
A: 

Yes, ICFAI Business School (IBS), Ahmedabad accepts admission through many national-level exams other than IBSAT exam such as GMAT/ CAT/ NMAT. Candidates based on score in any of the said exams will be shortlisted for the Group Discussion (GD) and Personal Interview (PI) rounds.

Those who qualify the GD & PI rounds will be required to the admission cell at IBS Ahmedabad to complete the remaining admission formalities such as relevant document verification and fee payment leading to final seat allotment.

Q:   How is the faculty at ICFAI Business School Ahmedabad?
A: 

The faculty members have extensive corporate experience and are well qualified. They offer a lot of knowledge and experience to the classroom, which benefits the learning and development of the candidates. The professors are qualified with PhDs, MBAs, PGDMs, and other degrees. This shows they are qualified to teach the courses and have a good academic background.

Q:   Is IBSAT an online exam?
A: 

Yes, IBSAT exam is conducted in online mode. The exam is held in remote proctored mode. Applicants can book the exam slot after completing the IBSAT application process online. To appear for the online mode of examination, candidates must have a desktop or laptop and download the required software to appear for the exam.

IBSAT 2025 exam will be held on December 27 and December 28. Candidates can book the exam slot tentatively from October 2025.

Q:   Is NTPC School of Business is more expensive than IIFM Bhopal?
A: 

The specific fees for NTPC School of Business in comparison to IIFM Bhopal is not known.

Information about the fees for IIFM Bhopal is available which offers a Post Graduate Diploma in Forest Management for Rs. 2.4 Lacs per annum and the average placement salary is around Rs. 7.5 Lacs per annum.

 

Therefore, without the specific fee information for NTPC School of Business, it is not possible to determine whether it is more expensive than IIFM Bhopal or not.

Q:   Who are the top recruiters at IBS Ahmedabad?
A: 

Companies such as ICICI Bank, Zomato, Asian Paints, Intellipaat, HDFC Bank and JM Financials have visited the campus during the recent placement drives.

Q:   What is the salary package offered during IBS Ahmedabad PGPM placements?
A: 

The highest and average package offered over the past three years during IBS Ahmedabad placements are presented below:

Particulars

PGPM Placement Statistics (2023)

PGPM Placement Statistics (2024)

PGPM Placement Statistics (2025)

the highest domestic package

INR 8.29 LPA

INR 12 LPA

INR 10.34 LPA

Average package

INR 7.3 LPA

INR 7.79 LPA

INR 7.81 LPA

Top 10% average package

INR 9.23 LPA

INR 10.5 LPA

INR 9.97 LPA

Top 25% average package

INR 8.69 LPA

INR 9.39 LPA

INR 9.84 LPA

Q:   What is the average salary trend witnessed during IBS Ahmedabad placements?
A: 

The overall and batch-wise average salary trends witnessed during IBS Ahmedabad placements over the past three years are presented below:

Particulars

PGPM Placement Statistics (2023)

PGPM Placement Statistics (2024)

PGPM Placement Statistics (2025)

Average package

INR 7.3 LPA

INR 7.79 LPA

INR 7.81 LPA

Top 10% average package

INR 9.23 LPA

INR 10.5 LPA

INR 9.97 LPA

Top 25% average package

INR 8.69 LPA

INR 9.39 LPA

INR 9.84 LPA

Q:   Which is the top recruiting sector at IBS Ahmedabad?
A: 

The sector-wise placement distribution recorded during IBS Ahmedabad placements 2025 is presented below:

Sectors

Placement Distribution (2025)

Financial Services

24%

Banking

15%

ITES

12%

Global Capability Center

8%

Consulting

7%

Infra / Telecom / Real Estate

7%

Insurance

7%

FMCG / Retail

4%

Education

3%

E-Commerce

3%

Manufacturing / Construction

3%

Hospitality / Tourism

2%

Logistics

2%

Media & Research

1%

Pharma / Healthcare

1%

Others

3%

Q:   How is the campus of IBS Ahmedabad?
A: 

IBS Ahmedabad offers all the facilities to students to give them overall exposure. Some of the campus facilities are as follows:

  • Library
  • Computer lab with modern computing facilities
  • Wi-fi campus
  • Auditoriums
  • Modern computing facilities
Q:   How are hostel facilities at ICFAI Business School Ahmedabad?
A: 

ICFAI Business School Ahmedabad provides student accommodation, which has a hygienic environment. The rooms have the most basic amenities and are shared by two or three students. Basic comforts like Wi-Fi, a steady supply of power, and a water supply are provided in the rooms. Food is available to students in the hostel. The hostel mess serves healthy, hygienic food to students.

Q:   How can I get admission in PGPM at IBS Ahmedabad?
A: 

Students seeking admission to the Postgraduate Programme in Management (PGPM) at IBS Ahmedabad must fulfil the following requirements:

  • The candidate must possess a bachelor’s degree in any discipline with a minimum of 50% aggregate.
  • The candidate must appear for the IBS Aptitude Test (IBSAT) by applying for it through ICFAI Business School (IBS) official website. Besides IBSAT, IBS Ahmedabad also accepts CAT/ GMAT/ NMAT score.
  • Candidates based on their score in any one of the aforementioned exams will be shortlisted for the Group Discussion (GD) and Personal Interview (PI) round.
  • Candidates who qualify the GD & PI round will be required to report to the admission cell at IBS Ahmedabad for document verification and fee payment leading to final seat allotment.
Q:   How was placement at ICFAI Business School Ahmedabad?
A: 

The placement rate recorded during IBS Ahmedabad PGPM placements 2023 was 98%.
A total of 23 students were placed out of 25 students.
The average salary offered to students during the recent placements was around INR 7.32 LPA.
The highest salary offered during the recent placements stood at INR 13.00 LPA for international placements and INR 8.29 LPA for national placements.

Q:   What is the average placement in IBS Ahmedabad? Is it worth to take admission in this college?
A: 

Yes, IBS Ahmedabad is one of the leading Management institutes in India. Further, the placement rate recorded during IBS Ahmedabad PGPM placements 2023 was 98%. Other than this, the average package offered during IBS Ahmedabad PGPM placements 2023 stood at INR 7.30 LPA. Moreover, a fluctuating trend was witnessed in the average package offered over the past three years during IBS Ahmedabad PGPM placements, which is presented below:

The average salary trends witnessed during IBS Ahmedabad PGPM placements over the past three years are presented below:

Particulars

PGPM Placement Statistics (2021)

PGPM Placement Statistics (2022)

PGPM Placement Statistics (2023)

Overall average package

INR 6.61 LPA

INR 8.10 LPA

INR 7.30 LPA

Top 10% average package

INR 12.02 LPA

INR 19.66 LPA

INR 9.23 LPA

Top 25% average package

INR 9.02 LPA

INR 13.24 LPA

INR 8.69 LPA

Note: Placement data 2022 and 2021 are sourced from older reports that were updated till March 31, 2022 and Feb 15, 2021, respectively.

Q:   What entrance exam scores are accepted by NTPC School of Business for admission?
A: 

NTPC School of Business (NSB) accepts the following entrance exam scores for admission to its PGDM programs:

  • CAT
  • XAT
  • CMAT
  • MAT
  • GMAT

The institute considers specific percentile or percentage requirements for each of these entrance exams. The final selection is based on the merit of Final Composite Scores (FCS), which takes into account the entrance exam scores, performance in graduation, work experience, and personal assessment

Q:   What are the courses offered at ICFAI Business School Ahmedabad?
A: 

ICFAI Business School Ahmedabad offers a postgraduate diploma course in management, which is equivalent to an MBA. The course is called Post Graduate Program in Management (PGPM) and is of two years duration. The selection of candidates is based on their performance in the entrance exam, which can be IBSAT, CAT, NMAT, or GMAT. The institute also offers a Summer Internship Program (SIP), which is an important component of education at IBS. 

Q:   Is IBS Ahmedabad a good college for MBA?
A: 

Yes, IBS Ahmedabad is considered a good college for MBA due to several factors. It is part of the ICFAI Business School (IBS) network, known for its industry-focused curriculum and experienced faculty. IBS Ahmedabad offers a range of specializations, industry internships, and placement opportunities with reputed companies. The college's strong alumni network and emphasis on practical learning through case studies and projects contribute to its reputation as a top choice for MBA aspirants seeking a comprehensive business education.

Q:   Which sector has been the most dominating sector during IBS Ahmedabad placements?
A: 

The sector-wise placement distribution during IBS Ahmedabad placements 2025 is presented below:

Sectors

Placement Distribution (2025)

Financial Services

24%

Banking

15%

ITES

12%

Global Capability Center

8%

Consulting

7%

Infra / Telecom / Real Estate

7%

Insurance

7%

FMCG / Retail

4%

Education

3%

E-Commerce

3%

Manufacturing / Construction

3%

Hospitality / Tourism

2%

Logistics

2%

Media & Research

1%

Pharma / Healthcare

1%

Others

3%

Q:   Which is the top course of ICFAI Business School Ahmedabad?
A: 

Based on the programme strengths highlighted on NTPC School of Business's website and educational ranking portals, the top course offered at the institute is:

MBA in Power Management

Some key reasons why the MBA in Power Management seems to be their flagship course:

1. Uniquely Specialized: The programme is specially designed for the power and energy sector. This gives graduates an edge in relevant job roles.

2. Industry-Oriented Curriculum: The course is crafted in collaboration with IIM-Calcutta with subjects like power trading, renewable energy management, energy laws etc. directly applicable for the sector.

3. Strong Placements: As per reports, graduates get placed majorly in power, oil and gas companies at leadership posts indicating good ROI.

4. Faculty Pedigree: Faculty is highly qualified with past experience in the power industry to provide the right guidance.

5. Live Projects: Program has live case study projects for practical orientation.

While NTPC SOB also has other courses like Project Management, Business Analytics, Finance - their tailored MBA programme for the power management sector seems to be their most popular course making it officially their flagship offering.

 

qna

IBS Ahmedabad

Student Forum

chatAnything you would want to ask experts?
Write here...

Answered 3 months ago

Yes, IBS Ahmedabad is good in terms of MBA placements. The key highlights of IBS Ahmedabad placements over the past three years are presented below:

Particulars

PGPM Placement Statistics (2023)

PGPM Placement Statistics (2024)

PGPM Placement Statistics (2025)

the highest domestic package

INR 8.29 LPA

INR 12 LPA

INR 10.34 LPA

Average package

INR 7.3 LPA

INR 7.79 LPA

INR 7.81 LPA

Placement rate

98%

98%

95%

Top 10% average package

INR 9.23 LPA

INR 10.5 LPA

INR 9.97 LPA

Top 25% average package

INR 8.69 LPA

INR 9.39 LPA

INR 9.84 LPA

N

Nishtha Arora

Contributor-Level 9

Answered 3 months ago

Yes, IBS Ahmedabad offers international placements to its students. During the placement drive 2023 and 2022, the highest international package offered to PGPM students was INR 13 LPA and INR 28.32 LPA, respectively.

K

Krishnendu Chatterjee

Contributor-Level 10

Answered 3 months ago

The batch-wise average package received during IBS Ahmedabad placement 2025 and previous two years is presented below:

Particulars

PGPM Placement Statistics (2023)

PGPM Placement Statistics (2024)

PGPM Placement Statistics (2025)

Top 10% average package

INR 9.23 LPA

INR 10.5 LPA

INR 9.97 LPA

Top 25% average package

INR 8.69 LPA

INR 9.39 LPA

INR 9.84 LPA

S

Satyendra Rai

Contributor-Level 9

Answered 3 months ago

The placement rate recorded during IBS Ahmedabad PGPM placements 2025 was 95%. Earlier, during the placement drive 2024 and 2023, 98% students were placed. 

P

Pooja Divya

Contributor-Level 9

Answered 10 months ago

Yes, IBS Ahmedabad accepts CAT score. Candidates aspiring to take admission at ICFAI Business School (IBS), Ahmedabad must meet the eligibility requirements laid down by IBS and should have the relevant documents to complete the admission process. Given below are the eligibility and selection proces

...Read more

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Saumya Srivastava

Contributor-Level 10

Content authored by:

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Jagriti Shukla

Updated on Dec 31, 2024

IBS Ahmedabad
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IBS Ahmedabad
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IBS Ahmedabad
Opp. Annapurna Dham,
Por, Adalaj Koba Road,

Ahmedabad ( Gujarat)

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