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

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  • Private Institute
  • Estd. 1995

IBS Kolkata
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IBS Kolkata 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:   Can I get into ICFAI Business School, Kolkata without CAT?
A: 

ICFAI Business School, Kolkata offers a large diversity of courses to students in Management field. IBS Kolkata admissions are held on the basis of entrance tests. Students seeking course admissions must clear their previous qualifying examination and appear for any of the prescribed entrance exams such as IBSAT, XAT, CAT, NMAT, among others. Students can visit the official website to learn more regarding the course-wise eligibility and specialisation details.

Q:   What is the XAT score for MBA at ICFAI Business School Kolkata?
A: 

The ICFAI Business School accepts IBSAT, XAT, CAT, GMAT and NMAT as entrance exams for admission into MBA. The XAT minimum cut off for admission to ICFAI Business School (IBS) Kolkata campuse for MBA is more than 60 percentile or in terms of score you need to get more than 17 XAT score.

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

The total fee for the MBA/PGDM program at ICFAI Business School Kolkata is around INR 9.1 lakhs for the academic year 2023. The fee can be paid in installments across all the campuses. The living expenses are extra and not included in the fee structure. Students have to pay a refundable caution deposit of INR 10,000 along with the first installment of the fee across all campuses.

ICFAI Business School (IBS), Kolkata Fee Structure

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Commonly asked questions
On Fees Breakdown
Q:   Is IBS Kolkata good in terms of placements?
A: 

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

Particulars

PGPM Placement Statistics (2025)

the highest domestic package

INR 9 LPA

the highest international package

INR 12.5 LPA

Average package

INR 7.09 LPA

Placement rate

95%

Top 10% average package

INR 9.07 LPA

Top 25% average package

INR 8.6 LPA

Q:   What is the return on investment of MBA programme at IBS Kolkata?
A: 

The IBS Kolkata MBA programme has a tuition fee of INR 9.11 lakh. Comparing it to the placement figures of 2024, the MBA programme secured an average salary of INR 6.7 LPA. Even if a student is placed in the top 10% of salary packages, still the average salary package is around INR 8.77 LPA.

This means that the placements round isn’t able to fully recover the tuition fees of the programme. Candidates looking to take admission should know that top recruiters during placements are some of the most reputed companies in India, such as ICICI Bank, Deloitte Tax Services, TATA AIG, Axis Bank, etc.

Therefore, even if the salary package offered is not that high the placements are in highly reputed companies where there is a lot of scope for earning more. Candidates can make their own decisions accordingly.

Q:   Does IBS Kolkata provide 100% placements?
A: 

IBS Kolkata has been providing placement above 95% over the past three years. The placement percentage recorded over the past three years is presented below:

Particulars

PGPM Placement Statistics (2023)

PGPM Placement Statistics (2024)

PGPM Placement Statistics (2025)

Placement rate

99%

99%

95%

Q:   What is the highest package offered at IBS Kolkata?
A: 

The highest package offered during IBS Kolkata placements over the past three years is presented below:

Particulars

PGPM Placement Statistics (2023)

PGPM Placement Statistics (2024)

PGPM Placement Statistics (2025)

Highest domestic package

INR 8.5 LPA

INR 10 LPA

INR 9 LPA

Highest international package

NA

NA

INR 12.5 LPA

IBS Kolkata
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Commonly asked questions
On All Programs
Q:   How is the infrastructure of IBS Kolkata?
A: 

ICFAI Business School Kolkata provides the required facilities to students to give them well-rounded exposure. IBS Kolkata campus has air-conditioned classrooms, library and reading room, magazines and online database facilities. Apart from this, the institute also offers modern audio-visual teaching aids to students.

Q:   Can I join ICFAI Business School Kolkata without XAT?
A: 

You can join at ICFAI Business School (IBS) Kolkata without taking the XAT, IBS also accepts the scores from the following entrance exams :CAT, NMAT, GMAT, SNAP, MAT, CMAT, CET (Maharashtra), and IBSAT. The IBSAT is the exam conducted by IBS only. You need to get minimum 55% as cut off.

The ICFAI Business School doesn't provide and management seats or reservations, you can't buy a seat in the college, you have to attend any one of the entrance exam that are mentioned above.

 

IBS Kolkata
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Commonly asked questions
On All Courses
Q:   Is ICFAI Business School Kolkata good for MBA?
A: 

MBA, BBA, PGPM, and PhD programs are among the full and part-time management courses offered by IBS ICFAI. ICFAI is one of the top 20 new generation business schools according to Digital Mailers. ICFAI is also ranked third by Review Adda among the top B-schools in North India. The placement rate at IBS Kolkata is almost 100%, and the typical income is 4.5 LPA.

 

Q:   Does IBS Kolkata offers hostel facilities to its students?
A: 

IBS Kolkata provides off-campus accommodation on sharing basis in the vicinity of the campus. In addition to this, ICFAI Business School Kolkata houses library, and other amenities such as smart classrooms, auditorium and food courts.

Q:   How is the faculty of IBS Kolkata?
A: 

IBS Kolkata has highly educated faculty. Most of the faculty members are PhD and higher degree holders. Some of the faculty members of IBS Kolkata are as follows:

  • Durga Rani Sinha, Director Corporate Relations (PGDM (IIM-C)
  • Kumar Satyaki Ray, Associate Dean & Dy PCO (PhD, PGDBM, BSc)

  • Sujoy Kumar Dhar (PhD, MBA, MSc, BA Hons)
Q:   Which is the top recruiting sector at IBS Kolkata?
A: 

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

Sectors

Placement Distribution (2025)

Banking

15%

Consulting

7%

Education

3%

E-Commerce

3%

Financial Services

24%

FMCG / Retail

4%

Global Capability Center

8%

Infra / Telecom / Real Estate

7%

Insurance

7%

ITES

12%

Manufacturing / Construction

3%

Media & Research

1%

Hospitality / Tourism

2%

Pharma / Healthcare

1%

Logistics

2%

Others

3%

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IBS Kolkata
Students Ratings & Reviews

4/5
Verified Icon40 Verified ReviewsInfo Icon
Placement Review IconPlacements4
Infrastructure Review IconInfrastructure3.7
Faculty Review IconFaculty & Course4.5
Crowd Review IconCampus Life3.9
Money Review IconValue for Money4
What students say about ICFAI Business School (IBS), Kolkata
Placements
Infrastructure
Faculty
Other
LikesView All
The firms like HDFC Bank, ICICI Bank, ICICI security, Satguru Travels, Indiabulls are great, and there are many more companies that took our students.
Based on 21 Reviews
S
Shatadal Adak Verified Icon
Post Graduate Program in Management (PGPM) - Batch of 2024
5
5Placements5Infrastructure5Faculty5Crowd & Campus Life5Value for Money
One of the best colleges in terms of placement and with great faculty members.
Placements: Placement in your college is very good; almost all the students get placed. The highest package was INR 10–11 LPA, the average was INR 6-7 LPA, and the lowest was INR 4-5 LPA. Top recruiters include Deloitte, PWC, ICICI Bank, and HDFC Bank. All students got internships from the college. Roles for job offers are tax associate, consultant, sales associate, business analyst, relationship manager, and market researcher.
Infrastructure: The college has centralized air conditioning, a lift, a computer lab, a library, a table tennis room, and carrom boards. There was no hostel facility provided in the college, but they will offer assistance with PG accommodation. The food served in the canteen is healthy and at a low cost.
Faculty: Faculty members are always there to help students; they are very helpful and provide proper guidance to each student. Teaching quality is great; all the faculty members are qualified with proper corporate experience. This course curriculum is relevant, and it will provide all the knowledge that is required to be ready for corporate life. Difficulty in semester exams is moderate.
Reviewed on 22 Sep 2023Read More
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Anubhav kanu Verified Icon
Post Graduate Program in Management (PGPM) - Batch of 2025
4.6
5Placements4Infrastructure5Faculty4Crowd & Campus Life5Value for Money
Our college is a great choice for students.
Placements: Our college provides good placements. Almost 99% of students got placed in the best companies. The best consulting firms visit our campus for recruitment. Deloitte, E&Y, PWC, ICICI Bank, HDFC Bank, etc., visit our campus for the placement process.
Infrastructure: The infrastructure of our college is good. We have well-equipped air-conditioned smart classrooms, Wi-Fi, a very good library, and a canteen with very good food.
Faculty: The curriculum, alumni network, and teaching methods prepare us for the corporate world. Faculty members are very good. They provide 100% support to students. They guide students throughout the academic year. The course includes the case study pattern, which is quite interesting. It makes students industry-ready.
Other: I chose this college because it provides good placements. Our college organises various sports events from time to time such as cricket league, football tournaments, etc.
Reviewed on 21 Sep 2023Read More
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D
Debjani Choudhury Verified Icon
Post Graduate Program in Management (PGPM) - Batch of 2021
4
4Placements4Infrastructure4Faculty4Crowd & Campus Life4Value for Money
PGPM course in ICFAI Business School, Kolkata.
Placements: 86% of students got placed. The highest package was around 6 Lacs and the lowest package was around 3 Lacs. The average package was around 4.5 Lacs. Deloitte, PWC, ICICI bank, HDFC life, SBI life, franchise India, Byjus. All the students got internships from the college during the course. Sales, Associate, Relationship Manager, Executive, Business Development, Market Research.
Infrastructure: The college has centralised air conditioning, lift, medical services, computer club, well-equipped library, Wi-Fi classroom, smart class. There was no hostel facility provided in the college, outside students has to stay in nearby PG or flats. Chess board and carrom boards are available.
Faculty: Yes, the teachers are very helpful and provide proper guidance to each student. Faculty members are qualified and with proper corporate experience, they are knowledgeable and train every student to be ready for corporate culture. Yes the curriculum is relevant, updated and up to the mark. Yes it provide all the knowledge which is required to be ready for corporate exposure. It is moderately difficult. The passing % is 40. But for placement purpose you need to have 60%in all the semester.
Other: For higher knowledge, and exposure to finance line. Learning all the small detail about everything in the course. The course is built beautifully with proper case-based studies. Brio is the major event that happens in the year, apart from that small event that happens in regular intervals. There are many clubs like a cultural club, environmental club, debate club, finance club, marketing club, analytics club. The scholarship is provided to the students scoring above 80% in the semesters.
Reviewed on 17 Nov 2021Read More
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M
Mainak Mukherjee Verified Icon
Post Graduate Program in Management (PGPM) - Batch of 2018
4.8
5Placements4Infrastructure5Faculty5Crowd & Campus Life5Value for Money
The quality of teaching was way above average and very fluid helping students to understand.
Placements: 95% of the students were placed from our batch. The rest 5% suffered from academic affliction. They had a strict placement policy. The highest national package was 10lacs, the international package was 11lacs. Top recruiters included Deloitte, ICICI, TCS, Yes Bank, HDFC. The internship was offered to 100% of the students. Companies ranged from HDFC, Skybits data analysis. Roles for job offers ranged from financial advisory to business analyst.
Infrastructure: The college didn't have a hostel but offered assistance in PG accommodation. The canteen was present, offering Indian and Chinese cuisine. Classes were digitally equipped. Wi-Fi connection was available. Also, a computer lab was present. A well-stocked library supported students for their learning needs.
Faculty: The best part about this college was it's faculty members. The faculty members had a huge range of experience, and knowledge, and were ever ready to help the students out in any of their doubts. The quality of teaching was way above average, and was very fluid, helping students to understand.
Reviewed on 29 May 2020Read More
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PP
PRATEEK PRADHANVerified Icon
Post Graduate Program in Management (PGPM) - Batch of 2019
5
5Placements5Infrastructure5Faculty5Crowd & Campus Life5Value for Money
It is one of the best colleges with very good faculty members and career-oriented opportunities.
Placements: Placements in our college were appreciable. It is a 2-tier college, and almost 100% of the students of our batch got placed. Companies with more expectations from marketing and finance domain visit our campus for placements. Placements opportunities for HR low, but still the college try to provide jobs for them. The highest salary package offered was 13 LPA. The lowest salary package offered was 3.5 LPA. The average salary package offered ranges between 4-5.5 LPA. Banking sector companies like HDFC, ICICI, IndusInd, Federal and Kotak are expected every year for placements. Other renowned companies like ITC, Byju's, Deloitte, Aditya Birla, etc., also visit our campus for placements. International placement opportunity by Khimji Ramdas  (OMAN) and Sadguru (Nairobi) has also been there. Most of the job roles offered were based on sales designations (B2B and B2C), account handling and operations specific. Almost every student was offered internship opportunities except those who want to do it with their references. The highest stipend offered was Rs. 5,000 per month. The lowest stipend offered was Rs. 1,000 per month. There is a placement cell in our college with highly experienced and contact-based placement heads, who keep on inviting companies for placements until and unless every student gets placed.
Infrastructure: The infrastructure of our college is good with facilities like Wi-Fi, computer labs, conference halls, library, medical doctor check-ups, carrom, table-tennis, activity room, canteen etc. Classrooms are always neat and suitable for long lectures equipped with projectors. The food served in the canteen is healthy and at low cost, so as everyone can afford. Hostel facility is not provided, and students have to look it up on their own. Every member of the college, students, teachers and staffs are liable to keep the college clean.
Faculty: Teachers in our college are knowledgeable with best practices to reach every student. Lectures are often conducted through projector presentations. The course curriculum is quite strict and vast to keep the students intact every time. A lot of assignments, case study materials, weekly tests, class participation markings, group discussions, presentations performances are conducted to groom the students in the best manner. Activities are conducted weekly by marketing and finance club to provide external exposures.
Other: Events like a Rock band, Desi day, freshers party are organised to make the students feel homely and excited. The college fest is organised every year.
Reviewed on 10 Aug 2019Read More
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DM
Darween MohantyVerified Icon
Post Graduate Program in Management (PGPM) - Batch of 2020
4.8
5Placements5Infrastructure5Faculty5Crowd & Campus Life4Value for Money
Overall it was good and satisfied.
Placements: 100% placement for all streams in which Students are pursuing (Marketing, Finance, HR). Placements of our batch was 100% and seniors too. The highest package was 12lakhs and the lowest was 3lakhs. Marketing companies and finance companies were visited. Marketing companies like ITC, OYO, CCD, MAKEMYTRIP, etc. Finance companies like HDFC, ICICI, DELLOITE, etc.
Infrastructure: Wi-Fi, labs, Classrooms, Library, Sports, and Games. Quality of labs and classrooms are good, as all classes are fully air-conditioned. Quality of canteen food is good. I didn't face any infrastructure issues during our college. The college have parking facility.
Faculty: Professors are very helpful, highly qualified professors and knowledgeable. Teaching quality is best. Teaching methods like first of all they teach us and then they ask questions to students, if they having doubts related to studies the doubts are cleared then and there. Teachers take tests. Student to faculty ratio is 2:1. Yes I get industry exposure. I GOT 14 weeks of internship under real estate industry. Yes, the course curriculum was useful.
Other: Sports tournaments, Fresher's party, Desi day, feats like BRIO.
Reviewed on 9 Aug 2019Read More
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IBS Kolkata 
Admission FAQs

Q:   What are the top Scholarships for MBA at ICFAI Business School Kolkata and how to avail them?
A: 

For its MBA programme, ICFAI Business School Kolkata (IBS Kolkata) provides numerous scholarship opportunities, offering worthy students substantial financial support. The best scholarships are the Need-Based Scholarships, the Physically Challenged Scholarship, the Merit Scholarship, the Alumni Scholarship, the Top Rankers Scholarship, and the Ward of Defence Personnel Scholarship.

Make sure you take the IBSAT exam and do well if you want to apply for the score-based scholarships. On the IBS Kolkata website, download the scholarship application form. Before the deadline, submit it with your admissions application. Make sure you meet all the requirements by carefully going over each scholarship's eligibility conditions. Depending on the scholarship you're applying for, attach pertinent documents like income certificates, handicap certificates, or proof of your parents' military service.

Q:   Can I get ICFAI Business School Kolkata, MBA with 88% in XAT?
A: 

Yes, 88% in XAT is stong for you to get admission to the MBA programme at ICFAI Business School Kolkata (IBS Kolkata). The MBA program's specialisations may differ slightly in terms of competition level and cutoff scores. IBS doesn't specify any XAT cutoff points, however for a comprehensive assessment, results from other recognised tests, like as the CAT or GMAT, may also be taken into account.

The quality of your essays, supporting papers, and application form may be taken into consideration during the choosing procedure. Candidates who have been shortlisted must do well in the stages of the written aptitude test (WAT), group discussion (GD), and personal interview (PI). If your XAT score was 88%, you stand a very good chance of being admitted to the MBA programme at IBS Kolkata.

Q:   Does IBS Kolkata provide international placements?
A: 

Yes, IBS Kolkata provides international placements to its students. The highest international package offered during the placement drive 2025 was INR 12.5 LPA.

Q:   What is the placement rate at IBS Kolkata?
A: 

The placement rate recorded over the past three years during IBS Kolkata placements is presented below:

Particulars

PGPM Placement Statistics (2023)

PGPM Placement Statistics (2024)

PGPM Placement Statistics (2025)

Placement rate

99%

99%

95%

Q:   Which companies generally visit the campus during IBS Kolkata placements?
A: 

Companies such as PwC, LTI Mindtree, ICICI Bank, Deloitte and Intellipaat have visited the campus in recent past during IBS Kolkata placements.

Q:   Does IBS Kolkata offer scholarships to its students?
A: 

Yes, ICFAI Business School Kolkata offer a scholarship to PGPM with good performance in the IBSAT exam. The scholarship is offered under the following categories:

  • IBSAT 2023
  • Defense personnel wards (serving or retired) from Army, Airforce, Navy, and Paramilitary forces
  • Physically challenged candidates
  • Wards of IBS Alumni
Q:   What is the salary trend witnessed during IBS Kolkata placements?
A: 

The salary trend witnessed during IBS Kolkata placements is presented below:

Particulars

PGPM Placement Statistics (2023)

PGPM Placement Statistics (2024)

PGPM Placement Statistics (2025)

the highest domestic package

INR 8.5 LPA

INR 10 LPA

INR 9 LPA

the highest international package

NA

NA

INR 12.5 LPA

Average package

INR 7.41 LPA

INR 6.7 LPA

INR 7.09 LPA

Top 10% average package

INR 8.42 LPA

INR 8.77 LPA

INR 9.07 LPA

Top 25% average package

INR 8.34 LPA

INR 8.43 LPA

INR 8.6 LPA

Q:   What is the average package offered during IBS Kolkata placements?
A: 

The average package offered during IBS Kolkata placements 2025 was INR 7.09 LPA. Earlier, in 2024, the average package received was INR 6.7 LPA.

Q:   Does ICFAI Business School Kolkata Offers any Scholarship?
A: 

Yes, ICFAI Business School Kolkata offers scholarhips of worth INR 10 Crores. The scholarships are given on the basis of IBSAT 2023 to the below mentioned personnels: 

  • Toppers in IBSAT 2023
  • For wards of IBS Alumni 
  • For Physically Challanged candidates 
  • Wards of Defence Personnels (In-service/retired) from Army, Airforce, Navy and Paramilitary Forces
Q:   Can I get direct admission to MBA at IBS Kolkata?
A: 

No, to get admission into IBS Kolkata MBA candidates have to either appear for entrance exams, such as CAT/ XAT/ GMAT/ NMAT, and apply through their entrance score or apply for admission through the IBSAT entrance exam conducted by ICFAI Business School (IBS).

Admission into the MBA at IBS Kolkata takes place through micro-presentations and personal interviews conducted as part of the selection process. Hence, there are no direct admissions into IBS Kolkata and all admissions in the MBA programme take place through a series of selection rounds.

Q:   Do wards of IBS Alumni get scholarships to do an MBA at IBS Kolkata?
A: 

Yes, wards of IBS Alumni can avail scholarship to do an MBA at IBS Kolkata. To be eligible for the scholarship, the candidate’s parent/guardian should be an alumnus of any IBS university in the country. In addition to that, candidates will only be eligible if they clear the IBSAT entrance exam.

The scholarship amount can only be adjusted in the program fees and can’t be used for any other purposes. The scholarship amount for a candidate is INR 2 lakh and can be adjusted in the programme fees for both years.

qna

IBS Kolkata

Student Forum

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

Answered 2 months ago

The ICFAI Business School Kolkata requires a bachelor's degree with a 50% aggregate for PG admissions. PhD candidates must have a master's degree in a relevant discipline. Entrance exams are required for most courses. Refer to the table below for course eligibility and selection criteria:

Course

Eligibility

XAT, with 50% aggregate with English as the medium of instruction

-Applicants must have completed at least 15 years of education

-Candidates not meeting the English medium criterion must submit TOEFL/ NELT/ IELTS scores by May 31, 2026

XAT,  CAT,  NMAT,  IBSAT+ Micro Presentation + Personal Interview

M

Meitankeisangbam Vasundha

Contributor-Level 10

Answered a year ago

It could be a good option for a fresher to pursue a PGPM from ICFAI Business School (IBS), which is very good at industry contact and placement in the future. But the worth of the degree totally depends on the industry and role you are targeting. Losing an on-campus job or switching careers can be m

...Read more

N

Nandini Motwani

Contributor-Level 9

Answered a year ago

If we compare the tuition fees of IBS Kolkata, IBS Pune, and IBS Bangalore, Kolkata and Pune have a similar tuition fees of INR 9.09 lakh, whereas IBS Bangalore has a higher tuition fees out of three of INR 12.06 lakh.

If we compare the highest salary package offered during placements in 2023 of the

...Read more

A

Aayush Sharma

Contributor-Level 10

Answered a year ago

Scholarships are only available for candidates who have appeared for the IBSAT entrance exam. The difference in scholarships depends on merit and the category of students passing the IBSAT exam. The scholarships that IBS Kolkata provides are:

·       Scholarships for Toppers in IBSAT

·       Scholarsh

...Read more

A

Aayush Sharma

Contributor-Level 10

Answered a year ago

According to the university website, top recruiters at IBS Kolkata MBA Placements 2024 were ICICI Bank, Deloitte Tax Services, TATA AIG, Axis Bank, Kotak Mahindra, etc. In the placement round 2024 99% of the students got placed and these companies emerged as the top companies for those students.

In t

...Read more

A

Aayush Sharma

Contributor-Level 10

Content authored by:

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Liyansha Jain

Updated on Jan 27, 2025