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ICFAI Business School (IBS), Ahmedabad
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IBS Ahmedabad Courses & Fees 2026: PG, Doctorate Courses

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  • Private Institute
  • Estd. 1995
Dark Clock Icon Last updated on 28 May '26

IBS Ahmedabad
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IBS Ahmedabad Courses and Fees 2026

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CoursesTuition FeesEligibility
MBA/PGDM(1 course)
8.3 LGet Fee Details
Graduation : 50 %
Exams : XATNMAT+2 More
Ph.D.(1 course)
– / –
Graduation : 50 %
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Commonly asked questions
On Fees and Eligibility
Q:   Is admission open for IBS Ahmedabad?
A: 

Yes, ICFAI Business School (IBS), Ahmedabad admissions has begun. Candidates willing to take admission in courses offered at IBS Ahmedabad must appear for the IBS Aptitude Test (IBSAT). The application process for IBSAT 2023 will continue till last week of December, 2023.

Candidates will be shortlisted for further admission rounds based on their score in IBSAT 2023 at IBS Ahmedabad.

Q:   How can I get MBA seat in IBS Ahmedabad?
A: 

IBS Ahmedabad accepts admission for the Postgraduate Programme in Management (PGPM) equivalent to MBA through IBS Aptitude Test (IBSAT). Candidates willing to take admission to the PGPM course at IBS Ahmedabad must appear for the IBSAT 2023. Apart from IBSAT exam, IBS Ahmedabad also accepts score of GMAT/ CAT/ NMAT.

Candidates based on their score in any one of the aforesaid exam will be shortlisted for the Group Discussion (GD) and Personal Interview (PI) rounds and those who qualify both rounds will be selected for final seat allotment after document verification and fee payment.

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.

 

IBS Ahmedabad Fee Structure

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Commonly asked questions
On Fees Breakdown
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.

IBS Ahmedabad
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MBA/PGDM

1 CourseStar Icon4.1(28)2 years
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₹8.29 L

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Post Graduate Program in Management (PGPM)

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₹8.29 L

Ph.D. in Management

3 years
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Commonly asked questions
On All Courses
Q:   What is the selection process for MBA at NTPC School of Business?
A: 

The selection process for the MBA programme at NTPC School of Business (NSB) involves the following steps:

Admission Score: Candidates are evaluated based on their performance in national-level tests such as CAT, XAT, CMAT, MAT and GMAT.Specific percentage requirements are set for each test to ensure a comprehensive evaluation of candidate's aptitude and potential for the program.

Work Experience: Candidates are evaluated based on their work experience which carries a weightage of 60 in the shortlisting criteria.

Personal Assessment: Shortlisted candidates are called for a Personal Assessment which might be conducted online due to the COVID pandemic.

Final Composite Scores: The final selection is based on the merit of Final Composite Scores which are calculated by using Admission Score, Work Experience and Personal Assessment scores.

The cut-off for shortlisting candidates for Personal Assessment is decided by NSB.Candidates are advised to check their registered emails regularly and visit the NSB website for updates on the selection process.

Q:   What is the procedure to take MBA admission at ICFAI Business School Ahmedabad?
A: 

To take admission for MBA admission at ICFAI business school

  1. Submit application for IBSAT2023 (16th december last date).
  2. take IBSAT test or submit score CAT/GMAT/NMAT by GMAC/XAT.
  3. you will be shorlisted if you get a good percentile i.e. minimum (70percentile).
  4. Final selection will be performance based i.e. group discussion and personal interview.
  5. finally the admission letter.
Q:   When will IBSAT take place for admission in IBS Ahmedabad?
A: 

IFCAI Business School (IBS) admission through IBSAT 2023 has begun. Candidates seeking admission to the Postgraduate Programme in Management (PGPM) at IBS Ahmedabad must appear for the IBSAT 2023 exam.

The IBS Aptitude Test (IBSAT) 2023 will be held in fourth week of December 2023. Candidates willing to apply for IBSAT 2023 must possess a bachelor’s degree in any discipline with a minimum of 50% aggregate.

The IBSAT 2023 exam result will be declared in first week of January 2023. Candidates must prepare well for the IBSAT 2023 exam as IBS Ahmedabad shortlist candidates for the Group Discussion (GD) and Personal Interview (PI) rounds based on their score in IBSAT 2023.

Q:   What is the entrance exam for ICFAI Business School Ahmedabad 2026?
A: 

ICFAI Business School Ahmedabad accepts a common entrance exam for admission to its MBA/PGPM programs at IBS Ahmedabad, IBS Gurgaon, IBS Dehradun, IBS Kolkata, IBS Pune campuses. The entrance exam accepted by ICFAI Business School Ahmedabad is IBSAT (ICFAI Business school Aptitude Test). They also accept CAT, NMAT, or GMAT. The application form for admission to the PGPM course offered by ICFAI Business School Ahmedabad is common for all the IBS campuses.

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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 Life4.0
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
Thumbs Up Icon(1) Thumbs Down Icon1 person found this helpful
DS
Deepak SharmaVerified Icon
Post Graduate Program in Management (PGPM) - Batch of 2020
4.0
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
Thumbs Up Icon(1) Thumbs Down Icon1 person found this helpful
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
Thumbs Up IconThumbs Down Icon
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
Thumbs Up Icon(1) Thumbs Down Icon1 person found this helpful
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
Thumbs Up IconThumbs Down Icon
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 Reviews
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IBS Ahmedabad Courses & Fees FAQs

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 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:   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 2026 exam will be held tentatively in last week of December. Candidates can book the exam slot tentatively from October 2026.

qna

IBS Ahmedabad

Student Forum

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

Is IBS Ahmedabad good in terms of MBA placements?

Answered 11 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 10

What is the batch-wise salary package offered during IBS, Ahmedabad placements?

Answered 11 months ago

The batch-wise average package received during IBS Ahmedabad placements 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

D

Dhanya Arora

Contributor-Level 10

What is the batch-wise average package received during IBS Ahmedabad placements?

Answered 11 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 10

Does IBS, Ahmedabad provide international placements?

Answered 11 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

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

Answered 11 months ago

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%

C

Chandra Thakur

Contributor-Level 10

Content authored by:

author image
Jagriti Shukla

Updated on May 28, 2026

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