List of ICFAI Business Schools (IBS): Courses, fees & ranking

ICFAI Business School Aptitude Test 2026 ( IBSAT )

Shruti
Shruti Garg
Assistant Manager- Editorial
Updated on Jun 12, 2026 17:56 IST
IBS ICFAI offers various full-time and part-time management courses, including MBA, BBA, PGPM and PhD. IBS includes nine campuses across India. Here's a list of ICFAI Business Schools in India. Read below to know the courses offered, salary, fees, eligibility and more.

IBS ICFAI offers various full-time and part-time management courses, including MBA, BBA, PGPM and PhD. Here's a list of ICFAI Business Schools in India. Read below to know the courses offered, salary, fees, eligibility and more.

IBS Campuses

ICFAI IBS Campuses in India

ICFAI Business School (IBS) offers Masters of Business Management (MBA) and Postgraduate Program in Management (PGPM) at its nine IBS campuses. The IBS MBA and PGPM course fees vary by campus, ranging from INR 3.51 lakh per annum to INR 8.505 lakh per annum. IBS Hyderabad MBA program has the highest fee of approximately INR 16 lakh for two years. IBS offers MBA and PGPM at its follwoing campuses: Hyderabad, Gurgaon, Mumbai, Pune, Kolkata, Bangalore, Ahmedabad, Jaipur and Dehradun. Candidates can get admission to MBA and PGPM program of IBS thriugh IBSAT score or CAT/MAT/NMAT or GMAT scores. 

Table of contents
  • Courses offered by ICFAI Business Schools in India
  • List of IBS-IFCAI campuses: Courses, Eligibility, Fees
  • IBS Placements: Top Companies and Salary Offered
  • Top Recruiters for IBS Campuses Placements

Courses offered by ICFAI Business Schools in India

ICFAI has about 10 departments, ranging from management, law, and education to applied sciences and social sciences. ICFAI offers various programmes such as:

ICFAI offers both full-time and part-time courses and has collaborations with multiple international organisations.

Q&A Icon
Commonly asked questions
Q:   Which colleges accept the IBSAT score?
A: 
The IBSAT score is accepted at the ICFAI Business School in Hyderabad and its other eight campuses. The colleges accepting the IBSAT score are as follows: 1. ICFAI Business School, Hyderabad: This is the main campus and is ranked 6th by The Times. The fee is Rs. 16.02 Lacs. 2. ICFAI Business School, Ahmedabad: This campus features in the top 25 management colleges in Gujarat, and the fee is Rs. 9.09 Lacs. 3. ICFAI Business School, Dehradun: This campus features in the Business Today rankings. The course fee is Rs. 6.03 Lacs. Apart from these, the ICFAI Business School has six other campuses that admit students based on their IBSAT scores. These are Jaipur, Bangalore, Pune, Gurgaon, Mumbai, and Kolkata, respectively. You can learn in detail about these colleges at this Shiksha page: https://www.shiksha.com/mba/colleges/mba-colleges-accepting-ibsat-india?sby=popularity.
Q:   What is the admission process through the IBSAT exam?
A: 

The admission process through IBSAT exam at ICFAI Business School (IBS) is conducted in below stages:

1. Meet IBSAT minimum eligibility criteria

2. Complete the online IBSAT 2026 application form

3. Take entrance exam CAT, GMAT, NMAT by GMAC, or IBSAT. 

4. Shortlisted candidates are called for a selection process

5. IBS admission final result is declared

Q:   Is the IBSAT exam mandatory for securing admission to the PGPM programme at IBS Dehradun?
A: 

No, it is not mandatory, as individuals meeting the institute's specified criteria are excused from taking the exam. Additionally, the subsequent candidates are also exempted from participating in the IBSAT exam:

CAT with a percentile of 60 and above
GMAT with a score of 500 and above
NMAT by GMAC with a score of 150 and above
XAT with a score of 60 and above

Q:   What factors determine the IBSAT cutoff?
A: 

IBSAT cutoff is released considering below factors:

  1. Number of students appeared for IBSAT exam
  2. Difficulty level of question paper
  3. Number of seats offered at IBS campus

List of IBS-IFCAI campuses: Courses, Eligibility, Fees

IBS Hyderabad

IBS Hyderabad was established in 1995 and is one of the first colleges of IFCAI Business School. It is a Deemed University as per UGC Act and offers top management courses like BBA, MBA, Executive MBA, PhD and PhD in Economics. The institute is ranked 27th for MBA course by NIRF 2021.

Courses

Eligibility

Fees (in INR)

BBA

  • Merit-based followed by an interview. Applicant must have scored at least 50 percent aggregate in Class 12 in any discipline

INR 11.2 lakh

MBA

INR 17.01 lakh

Executive MBA (part-time)

  • Graduate with at least 50 percent aggregate
  • Work experience of at least two years in managerial or supervisory positions

INR 5.25 lakh

To know more about IBS-Hyderabad, click on the links below:

IBS Mumbai

IBS Mumbai is one of the top management institutes in Mumbai, which offers both graduate and postgraduate courses. It offers a full-time Post-Graduate Programme in Management (PGPM) course. IBS Mumbai is among the top 30 institutes in Maharashtra according to The Week.

Courses

Eligibility

Fees (in INR)

PGPM

  • CAT/MAT/CMAT/IBSAT/GMAT
  • Graduation with minimum 50 percent aggregate from a recognised university

INR 4.545 Lakh per Annum

To know more about IBS-Mumbai, click on the links below:

IBS Bangalore

IBS Bangalore is ranked 14th among the top 30 B-schools by Silicon India and 4th among the top new generation B-schools by Digital Mailers. The prestigious institute of South India, IBS Bangalore was established in 1995 and offers a full-time PGPM course.

Courses

Eligibility

Fees (in INR)

MBA

  • CAT/CMAT/IBSAT/GMAT
  • Graduation with a minimum 50 per cent aggregate from a recognised university

INR 6.525 Lakh per Annum

To know more about IBS-Bangalore, click on the links below:

IBS Gurgaon

Ranked 10th among the top 30 new generation B-schools in India, IBS Gurgaon is marked ‘A’ by Business and Management Chronicles. IBS Gurgaon is also ranked 2nd among the top 40 B-schools of excellence by CSR-GHRDC.

Courses

Eligibility

Fees (in INR)

PGPM

  • CAT/CMAT/IBSAT/GMAT
  • Graduation with a minimum 50 percent aggregate from a recognised university

INR 4.545 Lakh per Annum

To know more about IBS-Gurgaon, click on the links below:

IBS Pune

IBS Pune is ranked 13th under the Emerging Business Schools of Super Excellence category by CSR-GHRDC in 2014. It was marked ‘A++’ by Business India. The Pune campus of IFCAI offers PGPM course in various specialisations like Operations, Marketing, Finance, Human Resources, and Information Technology.

Courses

Eligibility

Fees (in INR)

Duration

PGPM

  • CAT/CMAT/IBSAT/GMAT
  • Graduation with minimum 50 per cent aggregate from a recognised university

INR 4.545 Lakh per Annum

Full-time

To know more about IBS-Pune click on the links below:

IBS Kolkata

Established in 1995, IBS Kolkata is ranked 17th in India by Silicon India and 2nd in West Bengal among the top B-schools. It offers a full-time Post-Graduate Programme in Management. The institute also offered BBA and MBA courses, but they were discontinued in July 2019.

Courses

Eligibility

Fees (in INR)

PGPM

  • CAT//NMAT/CMAT/IBSAT/GMAT
  • Graduation with a minimum 50 per cent aggregate from a recognised university

INR 4.545 Lakh per Annum

To know more about IBS-Kolkata, click on the links below:

IBS Ahmedabad

IBS Ahmedabad is marked ‘A’ by the Business & Management Chronicle and since its inception in 1995 has been recognised as one of the best B-schools of Gujarat. The college offers a full-time PGPM programme with five specialisations.

Courses

Eligibility

Fees (in INR)

PGPM

  • CAT/NMAT/CMAT/IBSAT/GMAT
  • Graduation with minimum 50 per cent aggregate from a recognised university

INR 4.545 Lakh per Annum

To know more about IBS-Ahmedabad, click on the links below:

IBS Jaipur

This constituent of IFCAI University is among the top institutes in India which offer the best management education. IBS Jaipur was established in 2002. The institute offers a full-time Master of Business (MBA) programme in Finance, Human Resources and Sales & Marketing.

Courses

Eligibility

Fees (in INR)

Duration

MBA

  • CAT/NMAT/IBSAT/GMAT
  • Graduation with minimum 50 per cent aggregate from a recognised university

INR 4.005 Lakh per Annum

Full-time

To know more about IBS-Jaipur click on the links below:

IBS Dehradun

Established in 2004, IBS Dehradun offers MBA in Finance, HR, Operations and Sales & Marketing. IBS Dehradun has been recognised as the best B-school in Uttarakhand and 2nd among B-schools of ‘Outstanding Excellence’ by GHRDC-CSR survey.

Courses

Eligibility

Fees (in INR)

Duration

MBA

  • CAT/NMAT/IBSAT/GMAT
  • Graduation with minimum 50 per cent aggregate from a recognised university

INR 3.51 Lakh per Annum

Full-time

To know more about IBS-Dehradun click on the links below:

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IBS Placements: Top Companies and Salary Offered

Below is the list of top recruiters and salary packages offered during the final placement process at ICFAI University’s various campuses. The table below mentions the placement details for class 2021. 

Institute

Average CTC (in INR)

Average Salary (in INR)

 

Highest Salary (in INR)

 

 

Top 10%

Top 25%

 

IBS Hyderabad

7.59 LPA

10.49 LPA

9.20 LPA

13.20 LPA

IBS Jaipur

5.49 LPA

9.66 LPA

8.20 LPA

6.4 LPA

IBS Dehradun

5.62 LPA

8.60 LPA

7.08 LPA

10.62 LPA

IBS Kolkata

5.60 LPA

8.14 LPA

7.24 LPA

10 LPA

IBS Bangalore

5.91 LPA

8.68 LPA

8.04 LPA

10 LPA

IBS Pune

6.02 LPA

8.95 LPA

7.99 LPA

10 LPA

IBS Gurgaon

6.05 LPA

8.83 LPA

8.12 LPA

10.09 LPA

IBS Mumbai

6.38 LPA

10.08 LPA

8.86 LPA

12.40 LPA

IBS Ahmedabad

6.40 LPA

12.02 LPA

8.71 LPA

8.46 LPA

Q&A Icon
Commonly asked questions
Q:   What is the score pattern in IBSAT exam? How is the percentile calculated?
A: 

As per IBSAT exam pattern, the marking scheme for IBSAT is as follows:

  1. One mark for each correct answer
  2. No marks for wrong answers

Based on score obtained by candidates in IBSAT exam, they are shortlisted for the Group Discussion and Personal Interview rounds. 

Listed below is the IBSAT cutoff:

  1. CAT & XAT: 60 percentile and above 
  2. GMAT: 500+
  3. NMAT by GMACTM: 150+
Q:   Does ICFAI release IBSAT cutoff?
A: 

ICFAI School of Business specifies the cutoff for the following exam for admission to its MBA/PGPM programs:

  • CAT and XAT: 60 percentile and above
  • GMAT: 500+
  • NMAT by GMAC: 150+
Q:   What is the expected cut-off of IBSAT for IBS Hyderabad and Mumbai campus?
A: 
ICFAI Business School, Hyderabad releases the IBSAT cutoff along with the declaration of results. The minimum required IBSAT cutoff scores for getting a GD/PI call scheduled at IBS Hyderabad is given below: 1. CAT & XAT 60 percentile and above 2. GMAT 500 + 3. NMAT by GMACTM 150+ The minimum cutoff score for INR 2 Lacs scholarship eligibility criteria is 1. CAT Top 75 candidates with a minimum score of 90 percentile and above 2. XAT Top 25 candidates with a minimum score of 80 percentile and above 3. GMAT TM Top 25 candidates with a minimum score of 550 and above 4. NMAT by GMAC TM Top 100 candidates with a minimum score of 225 and above. Candidates will be able to check the updates cutoff score on release of the IBSAT score. The IBSAT 2023 results are expected to be announced in last week of December 2023.
Q:   Is it important to meet the sectional cutoff in IBSAT for admission?
A: 

For admission to ICFAI Business School, candidates must meet the overall cutoff criteria specified for CAT, XAT, GMAT and IBSAT. Based on the cutoff criteria, candidates will be shortlisted for the micro presentation and personal interview rounds. Candidates who are shortlisted through IBSAT scores will be notified on their registered email ID or SMS. Whereas, candidates applying through other national level entrance score, must meet the below criteria:

  • CAT and XAT: 60 percentile and above
  • GMAT: 500+
  • NMAT by GMAC: 150+

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Top Recruiters for IBS Campuses Placements

Some of the top recruiters for IBS Campus placements are:

6Wresearch Acuity Knowledge Partners
Aditya Birla Capital Limited (ABCL) Adyogi
Algoritt Amity Institute for competitive Examination
AML Rightsource AMUL
Bain & Company BlackRock Services
Blinkit BlueStone Jewellery and Lifestyle Pvt. Ltd.
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Comtradesol Advisory Services Copper Digital
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CyberAssure Services Pvt Ltd Delhi Duty Free

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About the Author
author-image
Shruti Garg
Assistant Manager- Editorial

Shruti Garg is a graduate in English and Education with over 7 years of experience in content writing/editing and education journalism. At Shiksha.com, Shruti covers UG and PG entrance exams like MBA entrance exams,

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Answered 3 weeks ago

IBS Hyderabad has shared the dates for IBSAT National Mock Test on its official website. Candidates can register for any date as per their convenience. Apart from this, IBS also provides Free Mock Test that can be taken anytime after registration.

N

Nupur Jain

Contributor-Level 6

Answered 3 weeks ago

The number of questions in each section of IBSAT Mock Test are as follows:

Section

No. of questions

Verbal Ability

50

Quantitative aptitude

30

Reading Comprehension

30

Data Adequacy and Interpretation

30

R

Rachit Katariya

Contributor-Level 6

Answered 3 weeks ago

Yes, the IBSAT mock test is free of cost. Candidates just have to register for it on the official website.

V

Vikrant Kaur

Contributor-Level 6

Answered 3 weeks ago

Only candidates who fulfill the below mentioned eligibility criteria can register to appear for IBSAT mock test:

  • Candidate must be a resident of India with Aadhaar Card (Except for NE States, may provide Government ID)
  • Student must be a 2025-26 graduate or in final year of qualifying examination

S

Sumridhi Bisht

Contributor-Level 6

Answered 3 weeks ago

IBSAT National Mock Test is a mock conducted by IBS Hyderabad at a national level for IBSAT aspirants. This year, IBS has announced six mock tests from July to December 2026. The mock test is designed to help students practice in exam-like environment.

N

Nishtha Singh

Contributor-Level 6

Answered 4 weeks ago

ICFAI Business School Ahmedabad accepts 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:

...Read more

R

Rakshit Prabhakar

Contributor-Level 10

Answered 4 weeks ago

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 Professio

...Read more

R

Rakshit Prabhakar

Contributor-Level 10

Answered 4 weeks ago

IBSAT 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 (Commerce, BBA, Science, Engineering, Arts, etc.).  
  • Working Professionals: Individuals with 2 t

...Read more

R

Rakshit Prabhakar

Contributor-Level 10

Answered 4 weeks ago

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

...Read more

R

Rakshit Prabhakar

Contributor-Level 10

Answered 4 weeks ago

Students can apply for IBSAT entrance exam from diverse academic & professional backgrounds:  

  • Candidates who have completed graduation or are currently in their final year in any discipline (Commerce, BBA, Science, Engineering, Arts, etc.).  
  • Working Professionals with 2 to 3 years of work experience

...Read more

R

Rakshit Prabhakar

Contributor-Level 10