What are the top Scholarships for PGPM at ICFAI Business School Kolkata and how to avail them?

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.

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

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.

How is the faculty of IBS Kolkata?

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)

Can final year students apply at IBS Kolkata?

Aspirants in the final year of bachelor's degree can apply for PGPM course of IBS Kolkata provided their admission is provisional. Candidates need to complete their graduation before May 31, 2027. They need to produce the required marksheets and certificates for final admission.

How are the PGPM placement at IBS Kolkata?

The key highlights of IBS Kolkata PGPM placements 2025 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

What documents do I need to apply at IBS Kolkata?

Aspirants can apply online or offline at IBS Kolkata. Check below documents for completing IBS application process: Class 10 and Class 12 marksheet Graduation marksheet Entrance exam scorecard (if applicable) Photograph

What is the fees for PGPM at IBS Kolkata?

The fees for two-year PGPM course is INR 9.09 lakh at IBS Kolkata. Aspirants also have to pay a refundable caution deposit of INR 10,000 with the first installement of fees. Aspirants can apply for scholarships to get some waiver in the fees.

Who can apply for PGPM at IBS Kolkata?

Aspirants must complete graduation with a minimum of 50% aggregate in any discipline with English as a medium of instruction to apply for PGPM course at IBS Kolkata. Candidates not meeting the English medium criterion must submit TOEFL/ NELT/ IELTS scores.

What is the exam pattern and test structure at ICFAI Business School (IBS), Kolkata?

The IBSAT 2026 is a 2-hour computer-based test containing 140 MCQs. It features zero negative marking and no sectional time limits. Section No Section Name Marks 1 Verbal Ability 50 2 Reading Comprehension 30 3 Quantitative Aptitude 30 4 Data Adequacy & Interpretation 30 TOTAL 140 National Mock Tests Aspirants can prepare and practice through proctored Free National Mock Test with 100 prizes to win. 1st Prize INR 2 Lakh 2nd Prize INR 1 Lakh 3rd Prize INR 50,000 4th Prize -100th Prize INR 5,000 each Free Mock Test: One free mock test is available at any time to practice using basic registration/enquire with to access additional mock tests, candidates can purchase the IBSAT 2026 application.

Is CAT compulsory for admission in PGPM at IBS Kolkata?

No, CAT is one of the accepting exams for admission in PGPM course of IBS Kolkata. It is not compulsory. Aspirants can also get admission via XAT, NMAT or GMAT scores. Candidates also have an option to appear for IBSAT for admission.

Who can apply for IBSAT entrance exam at ICFAI Business School (IBS), Kolkata?

ICFAI Business School (IBS), Kolkata secures candidates from diverse academic & professional backgrounds: Graduates & Final-Year Students: Candidates who have completed graduation or are currently in their final year in any discipline like Commerce, BBA, Science, Engineering, Arts. Working Professionals: Individuals with 2 to 3 years of work experience looking to fast-track their management careers. Qualified Professionals: CA-qualified candidates aiming to transition into corporate leadership roles.

What is the scholarship amount offered at IBS Kolkata?

IBS offers scholarships worth INR 10 crore to meritorious students. The school offers scholarships to top performers of IBSAT. Students pursuing PGPM from IBS Kolkata can apply. IBS provides 500 merit scholarships for the class of 2027. Each scholarship is of INR 2 Lacs per students.

How can I apply for scholarship at IBS Kolkata?

Aspirants need to pass IBSAT test, complete PGPM admission process and meet eligibility to apply for IBS Kolkata scholarships. Candidates must register on the mentioned date on the school's website to be eligible for the scholarship.

Is work experience mandatory to apply at IBS Kolkata?

Aspirants with work experience may get an advantage in the IBS Kolkata selection process. However, it does not seem to be compulsory. Candidates need to complete graduation and have entrance exam scores for admission.

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IBS Kolkata Courses & Fees 2026: PG, Doctorate Courses

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ICFAI Business School Kolkata admissions are open for MBA 2027-2029 session. A few more updates are as follows:

IBSAT 2026 application process for admission to the MBA/PGPM programme has commenced.
The last date to apply for IBSAT is Dec 22, 2026. For test date details, download IBSAT-2026-TestDates
CAT 2026 registrations for admission to the MBA/PGDM course are now closed. Admit card downloads begin on Nov 4, 2026 and the exam will be held on Nov 29, 2026.

IBS Kolkata Overview

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IBS Kolkata Courses and Fees 2026
IBS Kolkata Admission dates 2026
IBS Kolkata All programs
IBS Kolkata All courses
IBS Kolkata Student reviews

IBS Kolkata Courses and Fees 2026

IBS Kolkata offers many different courses to students wanting to get admission. Aspirants can pursue both PG and Doctorate levels course depending on their qualifications and academic requirements. The courses available at ICFAI Business School (IBS), Kolkata are MBA/PGDM, Ph.D., etc. Students can choose any course and specialisation. Students can refer to the table given below for course details.

Courses	Tuition Fees	Eligibility
MBA/PGDM(1 course)	9.1 LGet Fee Details	Graduation : 50 % Exams : NMAT XAT+2 More

Commonly asked questions
On Fees and Eligibility

Q: What is the last date to apply at IBS Kolkata?

IBS Kolkata applications are open. Aspirants can apply for IBSAT till the third week of December, 2026. The test will be conducted in December in online mode. Candidates can apply on the official website of IBS Kolkata.

Q: Can I get admission in IBS Kolkata without entrance exam?

No, aspirants cannot get admission in PGPM without entrance exam scores at ISB Kolkata. Candidates need to provide scores in XAT, CAT, NMAT or GMAT or appear for IBSAT for admission.

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

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.

IBS Kolkata
Admission dates 2026

MBA/PGDM Admissions 2027

1 Course2 years

Eligibility

Undergraduate Degree with 50% aggregate
Accepting Exams: NMAT, XAT, IBSAT, CAT

Important dates

Dates	Events
2 Nov '26 - 20 Nov '26	NMAT 2026 Result Declaration
4 Nov '26 - 29 Nov '26	CAT 2026 admit card download
29 Nov '26	CAT 2026 exam date

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Commonly asked questions
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Q: Can I join ICFAI Business School Kolkata without XAT?

Aspirants can join IBS Kolkata without XAT scores. The school also accepts CAT, NMAT and GMAT scores for admission. Hence, XAT is not compulsory. Aspirants can also appear for IBSAT conducted by ICFAI Foundation for Higher Education (IFHE).

Q: Can I apply offline at IBS Kolkata?

Aspirants can get the IBS Kolkata application form from the IBS Marketing Branches near them. Candidates have to fill out the form and submit it with the application fees of INR 1,800 for PGPM.

Q: Is application fees refundable at IBS Kolkata?

IBS Kolkata application fees is non-refundable. Aspirants need to pay INR 1,800 to apply for PGPM course. Candidates can pay this fees via any of the online or offline payment modes.

Q: Does IBS Kolkata offer MBA?

The IBS Kolkata does not offer MBA. However the institute offers PGPM which is equivalent to MBA. The PGPM course at IBS Kolkata is full time. Institute grants admission based on entrance exam scores.

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Post Graduate Program in Management (PGPM)

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Total Tuition Fees

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Commonly asked questions
On All Courses

Q: Does ICFAI Business School Kolkata Offers any Scholarship?

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
For wards of IBS Alumni
For Physically Challanged candidates
Wards of Defence Personnels (In-service/retired) from Army, Airforce, Navy and Paramilitary Forces

Q: Are admissions open at IBS Kolkata?

IBS Kolkata admissions are open. Candidates can apply on the school's website for PGPM programme. Aspirants have to pay INR 1,800 as application fees. Admission to PGPM is based on CAT, XAT, NMAT, GMAT or IBSAT scores.

Q: Does IBS Kolkata offer scholarships to its students?

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

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Students Ratings & Reviews

4/5

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4-5
19
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2

Placements4.0

Infrastructure3.7

Faculty & Course4.5

Campus Life3.9

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What students say about ICFAI Business School (IBS), Kolkata

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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

Shatadal Adak Verified Icon

Post Graduate Program in Management (PGPM) - Batch of 2024

5.0

5.0Placements5.0Infrastructure5.0Faculty5.0Crowd & Campus Life5.0Value 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

Anubhav kanu Verified Icon

Post Graduate Program in Management (PGPM) - Batch of 2025

4.6

5.0Placements4.0Infrastructure5.0Faculty4.0Crowd & Campus Life5.0Value 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

Debjani Choudhury Verified Icon

Post Graduate Program in Management (PGPM) - Batch of 2021

4.0

4.0Placements4.0Infrastructure4.0Faculty4.0Crowd & Campus Life4.0Value 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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1 person found this helpful

Mainak Mukherjee Verified Icon

Post Graduate Program in Management (PGPM) - Batch of 2018

4.8

5.0Placements4.0Infrastructure5.0Faculty5.0Crowd & Campus Life5.0Value 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

PRATEEK PRADHAN Verified Icon

Post Graduate Program in Management (PGPM) - Batch of 2019

5.0

5.0Placements5.0Infrastructure5.0Faculty5.0Crowd & Campus Life5.0Value 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

Darween Mohanty Verified Icon

Post Graduate Program in Management (PGPM) - Batch of 2020

4.8

5.0Placements5.0Infrastructure5.0Faculty5.0Crowd & Campus Life4.0Value 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

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Which is the best college among the three: Amity University-Kolkata, BIBS-Kolkata and IBS-Kolkata?

Answered 9 years ago

You can consider IBS, Kolkata as ICFAI Group is doing well and placement is also decent as compared to your other options. All the best.

nitin kashyap

Contributor-Level 9

What is the entrance exam for ICFAI Business School Kolkata?

Answered 10 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

Meitankeisangbam Vasundha

Contributor-Level 10

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

Answered a year ago

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

Ashwin Yadav

Contributor-Level 10

Is it worth doing PGPM as a fresher from ICFAI business school? Will it hold value if I ever lose my on-campus job or if I want to switch?

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

Nandini Motwani

Contributor-Level 9

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

Answered 2 years ago

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 mea

Aayush Sharma

Contributor-Level 10

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