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

ICFAI Business School Aptitude Test 2025 ( IBSAT )

DeskCalelnderExam On - 27 Dec '26 - 28 Dec '26

Shruti
Shruti Garg
Assistant Manager- Editorial
Updated on Feb 12, 2026 09:56 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:   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:   Which colleges take admission through IBSAT scores?
A:

IBS Aptitude Test also known as IBSAT is conducted for admission to MBA/ PGDM programs of IBS nine campuses. Candidates having valid score in CAT/MAT/XAT/SNAP/NMAT/GMAT/MAH CET or any other state-level entrance examination are exempted from taking the IBSAT exam. Colleges accepting the IBSAT scores are the IBS nine campuses itself. Check the list of nine IBS campuses below:

  1. ICFAI Business School (IBS), Hyderabad
  2. ICFAI Business School (IBS), Ahmedabad
  3. ICFAI Business School (IBS), Mumbai
  4. ICFAI Business School (IBS), Dehradun
  5. ICFAI Business School (IBS), Kolkata
  6. ICFAI Business School (IBS), Bangalore
  7. ICFAI Business School (IBS), Gurgaon
  8. ICFAI Business School (IBS), Pune
  9. ICFAI Business School, Jaipur

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:   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:   How many courses are offered through IBSAT?
A:

IBS offers Masters of Business Administration (MBA) and Post Graduate Programme in Management (PGPM) through IBSAT scores. Check the list of IBS colleges and courses offered through IBSAT below:

  1. ICFAI Business School (IBS), Hyderabad: MBA
  2. ICFAI Business School (IBS), Ahmedabad: PGPM
  3. ICFAI Business School (IBS), Mumbai: PGPM
  4. ICFAI Business School (IBS), Dehradun: MBA
  5. ICFAI Business School (IBS), Kolkata: PGPM
  6. ICFAI Business School (IBS), Bangalore: MBA
  7. ICFAI Business School (IBS), Gurgaon: PGPM
  8. ICFAI Business School (IBS), Pune: PGPM
  9. ICFAI Business School, Jaipur: MBA
Q:   Can I get admission in IBS MBA without IBSAT?
A:

Yes, candidates can apply for IBS MBA/PGPM admissions without IBSAT. Candidates must ensure to have score in any of the following national entrance examinations for admissions:

  • CAT
  • XAT
  • NMAT by GMAC
  • GMAT

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Top Recruiters for IBS Campuses Placements

Check the table below to know the top recruiters for IBS placements held for class of 2021:

Wipro Zomato Thomas Reuters Arrow Groups
Google Oracle Aditya Birla Group CavinKare
Abbott Indiabulls Home Loans Grofers SBI Life
Merican Express Idea Bajaj Lewis Berger
Cafe Coffee Day Cognizant HDFC Life ICICI Bank
Kotak ITC Nestle Yes Bank
KPMG Radio City Hinduja Tata Consultancy Services

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About the Author
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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 Yesterday

ICFAI Business School offers MBA/PGDM programmes at 9 IBS campuses in offline mode. For admission to IBS campus, candidates must appear for IBSAT, CAT, XAT, NMAT by GMAC, or GMAT examination to qualify for admission process.

78471330
Shruti Garg

Contributor-Level 10

Answered Yesterday

Yes, candidates can apply for MBA/PGDM admission at IBS campuses without ISAT scores. Such candidates must have a valid score in any of the national-level MBA entrance exam:

  • CAT: Top 75 candidates with a minimum score of 90 percentile and above
  • XAT: Top 25 candidates with a minimum score of 80 percent

...Read more

M

Mamona Shukla

Contributor-Level 6

Answered Yesterday

There is no prescribed sectional time limit for IBSAT exam. Candidates appearing for IBSAT exam can attempt any section as per their order preference and can switch between sections while attempting questions. Candidates must carefully review the pending questions.

N

Nishtha Datta

Contributor-Level 6

Answered Yesterday

There are no prescribed IBSAT qualifying marks. Candidates preparing for IBSAT exam can check the expected IBSAT cutoff marks for IBS campuses below:

  • IBS Hyderabad: 72-80+ marks
  • IBS Mumbai: 70-78+ marks
  • IBS Bangalore: 65-75+ marks
  • IBS Gurgaon: 62-75+ marks
  • IBS Pune: 60-70+ marks
  • IBS Dehradun: 55-65+ marks

...Read more

N

Nishtha Bhandari

Contributor-Level 6

Answered Yesterday

ICFAI Business School does not release the official IBSAT syllabus PDF on its official webiste. However, candidates preparing for IBSAT exam can refer to CAT syllabus. IBSAT syllabus is similar to CAT syllabus. Candidates can check the important topics for CAT and prepare for IBSAT exam accordingly.

...Read more

N

Nishtha Pandey

Contributor-Level 6

Answered a week ago

Yes, candidates can apply for IBS MBA/PGPM admissions without IBSAT. Candidates must ensure to have score in any of the following national entrance examinations for admissions:

  • CAT
  • XAT
  • NMAT by GMAC
  • GMAT

78471190
Shruti Garg

Contributor-Level 10

Answered a week ago

To complete the IBSAT application form 2026, candidates will be required to enter the below details:

  • Personal details
  • Academic details
  • Address
  • Contact details
  • Upload required documents
  • IBSAT payment details

M

Mamona Shukla

Contributor-Level 6

Answered a week ago

Yes, candidates can fill IBSAT 2026 application form in offline mode. To apply offline, candidates must purchase the application form and prospectus offline from the designated ICFAI campus of INR 1800. Candidates must complete the IBSAT application form and submit at designated centres.

N

Nishtha Datta

Contributor-Level 6

Answered 2 weeks ago

ICFAI Business School prescribes the IBSAT marking scheme. As per the marking scheme, the candidate gets one mark for every correct answer and there is no negative marking for any wrong answer or not attempted question. IBSAT quwstion paper includes 140 questions of one mark each.

N

Nishtha Datta

Contributor-Level 6

Answered 2 weeks ago

IBS Aptitude Test is conducted once in a year. The exam is scheduled in last week of December conducted by IBS Hyderabad in remote proctored mode. IBSAT exam is conducted in a two days window. The exam is codncuted for admission to MBA or PGPM programme of IBS campuses. The admission to IBS campuses

...Read more

N

Nishtha Bhandari

Contributor-Level 6