ICFAI Business School - [IBS], Kolkata

Kolkata, West BengalEstd 1995
#169 For MBA By Indiatoday 2019  
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About IBS Kolkata

ICFAI Business School (IBS), Kolkata is one of the best B-schools in the country and it renders excellent academic facilities. The college offers postgraduate and research programs in the discipline of Management. Established in 1995, ICFAI Business School is a constituent of ICFAI University.

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The college has a facilitated Placement Cell that conducts placement drives every year & also provides placement assistance to its students. IBS Kolkata Placements 2024 recorded 99% placements. The highest and average package stood at INR 10 LPA and INR 6.7 LPA respectively. Some of the top recruiters of IBS Kolkata Placements are Kotak Mahindra Bank, PWC SDC, Deloitte Tax Services, CSB Bank Ltd, HDFC Bank Ltd etc.

IBS Kolkata Important Dates 2025

IBSAT Events Dates
IBSAT 2024 Application July 01, 2024 – 3rd Week of December 2024
IBSAT 2024 Test Dates December 28 – 29, 2024
IBSAT 2024 Results 1st Week of January 2025
Selection Briefings 2nd Week of January 2025
Selection Process for PGPM Program February/ March 2025
MBA Events Phase 1 Dates (Tentative) Phase 2 Dates (Tentative)
Application Process Starts February 22, 2025 April 08, 2025
Application Process Ends April 02, 2025 April 26, 2025
Selection Process 

April 6 – 7, 2025 (At IBS Ahmedabad, IBS Bangalore, IBS Dehradun, IBS Gurgaon, IBS Jaipur, IBS Hyderabad)

April 7 – 8, 2025 ( At IBS Kolkata) 

April 28, 2025
Selection Process Results April 13, 2025 April 30, 2025

IBS Kolkata Highlights

Established | Type 1995 | Private
Course offered | Type PGPM | Management
Selection criteria Entrance based
Entrance exam IBSAT
Accepted exam scores TOEFL/ NELT/ IELTS/ GMAT/ CAT/ NMAT/ XAT
Application mode | Fee Online | INR 1,800
Location Plot # Y1, Block EP, Opp. Godrej Waterside IT Park, Sector-V, Salt Lake, Kolkata-700091 West Bengal
Official website | Contact https://www.ibsindia.org/ibs-kolkata/ | 033-23577125

IBS Kolkata Ranking

Ranking Ranking Authority
62 All India Rank among top 100 Private B-Schools. Education World
1st Rank in Eminent B-Schools of Eminence 2022 CHR-GHRBC B-School Survey
Ranked 8th in A++ Category (All India) 2022 Silicon India B-School Survey
Ranked 2nd in East Zone NA
108th All India Business Today
17th All India Silicon India
2nd in Eastern Zone Silicon India
11th among Top New Generation B-Schools and 2nd among Zone wise Digital Mailers
2nd in West Bengal and 4th in the Eastern Region among B-Schools of excellence CSR GHRDC

IBS Kolkata Course and Fees

ICFAI Business School (IBS) Kolkata offers a two-year full-time PGPM Program. Eligibility for the course is a Graduate degree with 50% aggregate marks with the medium of instruction as English. Applicants not meeting the IBS Kolkata eligibility criteria of English medium in graduation have to submit the TOEFL/ NELT/ IELTS score. Applicants in their final year bachelor’s degree course are also eligible to apply, provided they complete their graduation requirements (including practical examinations / viva / assignments) before May 31, 2025.

Further, candidates who have qualified based on IBSAT/CAT/NMAT/XAT/GMAT score are called for the selection process.

The selection process includes Micro Presentation and Personal Interview. Moreover, the final selection is based on past academic record and performance of the candidates in Micro Presentation and Personal Interview.

The course fee is INR 9.09 Lakhs for the 2-year programme. The available seats are 120 - 200 for different programmes. 

Read More: IBS Kolkata Fee Structure

IBS Kolkata Scholarships

IBS Kolkata offers scholarships to its students based on score in IBSAT 2024. IBS has announced scholarships worth Rs. 10 Crores exclusively for top performers in the IBSAT-2024 test, scheduled for December 28-29, 2024.

Eligibility Criteria:

  • For Toppers in IBSAT Candidates who secure top ranks in IBSAT 2024
  • For Wards of IBS Alumni
  • For Physically Challenged Candidates
  • For Wards of Defence Personnel (In-service/retired) from Army, Airforce, Navy, and Paramilitary Forces.

A total of 500 scholarships will be distributed by IBS across all its institutions. Each scholarship amounts to Rs 2 lakh per candidate, with the flexibility of adjusting Rs 1 lakh each in the first and second term installments against the program fee.

ICFAI Kolkata also provides INR 2. Lac scholarships on the basis of the student’s scores in the entrance exams like CAT/NMAT/XAT/GMAT. The scholarship amount would be adjusted to INR 1,00,000 for 2 semesters along with the course fees. The Minimum Cut-off score to be eligible for the ICFAI Business School Scholarship is as follows:

Scholarship Eligibility Cutoff Scores

Test

Cutoff Score

NMAT by GMAC

Top 100 candidates with a minimum score of 225 and above

CAT 

Top 75 candidates with a minimum score of 90 percentile and above

GMAT

Top 25 candidates with a minimum score of 550 and above

XAT

Top 25 candidates with a minimum score of 80 percentile and above

IBS Kolkata Admission

Admission to ICFAI Business School Kolkata is through the IBSAT exam conducted by the IBS group. Below are some details related to the IBS Kolkata admissions:

About IBSAT

IBSAT is an online aptitude test conducted by The ICFAI Foundation for Higher Education for students seeking ICFAI Business School Kolkata Admission to the PGPM of IBS Kolkata. Applicants need to secure a good score on IBSAT to get qualified for the selection process.

Selection Process

Applicants who have valid scores of IBSAT/ GMAT/ CAT/ NMAT/ XAT by GMAC are called for the selection process at IBS Kolkata. The final selection is based on past academic records and the performance of the candidates in the Micro Presentation and Personal Interview rounds.

Read More: IBS Kolkata Admissions

IBS Kolkata Cutoffs

ICFAI Business School minimum cut-off scores for getting a GDPI call are as follows:

Exam Name 

Cut-Off 

CAT

60 Percentile and Above 

XAT

60 Percentile and Above 

GMAT 

500+

NMAT

150+

IBS Kolkata Placements 2024

IBS Kolkata Placements 2024 recorded 99% placements. IBS Kolkata highest and average package stood at INR 10 LPA and INR 6.7 LPA respectively. Some of the prominent recruiters of IBS Kolkata Placements include Deloitte Consulting, EY, ICICI Bank, Aditya Birla Capital, CSB Bank Ltd, HDFC Life etc. More highlights of the placement drive are tabulated below: 

Particulars Placements Statistics 2024
Placement Percentage 99%
Highest domestic salary offered INR 10 LPA
Average salary offered INR 6.7 LPA
Top 10% average salary INR 8.77 LPA
Top 25% average salary INR 8.43 LPA

Read More: IBS Kolkata Placements

IBS Kolkata Faculty

The faculty at IBS, Kolkata are highly experienced and well-qualified. The faculty members have expertise in their respective fields which provides the best knowledge to the students. They provide proper guidance to the students through their experience. The faculty members are helpful, and supportive and have a proper understanding of their areas of expertise.

Read More: IBSAT Faculty

IBS Kolkata Branches

ICFAI Business School (IBS) Branches located in India are as follows:

IBS Kolkata FAQs

Ques. What are the facilities available at IBS Kolkata for students?

Ans.  IBS Kolkata Facilities:

  • A state-of-the-art Wi-Fi campus with air-conditioned classrooms.
  • Library and reading room with over 20,000 books, international journals, magazines, and online database facilities.
  • A team of faculty members, apart from guiding students, are also engaged in research and in conducting training programs for practising managers.
  • Psychological Counselling by Trained and Professional Counsellors.
  • Soft Skills Training by Experts.
  • Availability of off-campus accommodation on a sharing basis in the vicinity of the campus.
  • Modern audio-visual teaching aids.
  • Classrooms with Internet connectivity and projectors.

Ques. Which degree is provided at IBS Kolkata?

Ans. ICFAI Business School Kolkata or IBS Kolkata provides no degree but a certificate to students. PGPM, the only program offered at IBS Kolkata is a certificate course and not a degree. Students pursue this certificate course as it is equivalent to an MBA degree.

Ques. Who are the top 10 recruiters of IBS Kolkata?

Ans. The top recruiters of ICFAI Business School Kolkata are:

  • HDFC Bank
  • ICICI Bank
  • IMRB International
  • IndusInd Bank
  • Hinduja Leyland Finance
  • ICICI PRUDENTIAL LIFE INSURANCE COMPANY
  • Square Yards
  • CignaTTK Health Insurance
  • BYJU'S
  • Anarock Property Consultants

Ques. What is the IBSAT 2024 Exam Pattern?

Ans. The IBSAT 2024 consists of 140 questions in the following subjects:

  • Verbal Ability – 50 questions
  • Reading Comprehension – 30 questions
  • Quantitative Aptitude – 30 questions
  • Data adequacy and Data Interpretation – 30 questions

Ques. How to apply for IBSAT 2024?

Ans. Candidates applying for IBSAT 2024 must follow the steps mentioned below:

  • Online Application: Visit the application portal and complete the form.
  • Personal and Contact Details: Enter your personal information and contact details.
  • Confirmation: Submit your details to proceed to the payment page.
  • Payment: Pay the application fee of Rs 1800.
  • Receipt: After successful payment, you will receive a confirmation email/SMS on your provided email address and phone number.
  • Brochure: Within one week of completing the complete application, the applicants will receive a hard copy of the IBSAT Brochure.

Ques. Are mock tests conducted by IBS?

Ans. Yes, over 2-3 free National Mock Tests are conducted for aspirants with prize money.

Ques. How is a Micro Presentation round conducted at IBS Kolkata?

Ans.  A Micro-Presentation in IBS Selection process is a brief talk or presentation where candidates demonstrate their communication, presentation skills, and ability to think quickly on their feet. Candidates have the opportunity to select one topic out of three. The format allows for 4 minutes in total: 1 minute for preparation and 3 minutes for delivering the presentation.

Ques. A personal interview is of how many minutes at IBS Kolkata?

Ans.  Each candidate will be interviewed for 5-7 minutes. The interview panel will focus on assessing the attitude and aspirations of the candidates besides evaluating their General Knowledge, communication skills, clarity of thought and expression, as well as aptitude for a career in management.

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IBS Kolkata Fees & Eligibility

Full time Courses
CourseFeesEligibilityApplication DateAction
PGPM9.09 Lakhs (Total Fees) Graduation with 50%31 Mar - 21 Dec 2024

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Courses Offered By IBS Kolkata 2024

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Streams :
General
Degree :
PGPM
Program Type :
Full Time
2 Years Full Time
#169out of 284 by India Today

Eligibility:

Graduation with 50%

Application Date:

31 Mar - 21 Dec 2024

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IBS Kolkata Upcoming Application Dates 2024

Important Events

EventsDates
CAT 2024 Result Date
Tentative
Dec 26, 2024

Expired Events

EventsDates
CAT 2024 Exam DateNov 24, 2024
CAT 2024 Admit Card DateOct 25, 2024
CAT 2024 Registration DateAug 03, 2024 - Sep 20, 2024

Important Events

EventsDates
CAT 2024 Result Date
Tentative
Dec 26, 2024

Expired Events

EventsDates
CAT 2024 Exam DateNov 24, 2024
CAT 2024 Admit Card DateOct 25, 2024
CAT 2024 Registration DateAug 03, 2024 - Sep 20, 2024

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IBS Kolkata Cutoff 2024

Exams

IBS Kolkata, NMAT Cutoff 2023

IBS Kolkata, NMAT Cutoff 2023 for General Category is listed below. The overall cutoff percentile for NMAT is 55

Courses
Round 1
55

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IBS Kolkata Rankings 2024

You can check college rankings with different ranking agencies.

IBS Kolkata Indiatoday Ranking

#169out of 284 in India 2019
#7 in West Bengal
India Today

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IBS Kolkata Scholarship 2024

Scholarship provided by the college.

ICFAI Business School (IBS) is offering scholarship exclusively designed for top performers in the IBSAT test, which is scheduled to be held in the 3rd week of December 2024. These scholarships are open to candidates applying for the MBA/PGPM programme and taking the IBSAT test in December 2024.

These scholarships aim to reward academic excellence and provide financial assistance to deserving candidates, encouraging diversity and inclusivity within the student community at IBS. Below detailed are the eligibility criteria for the scholarship:  

Scholarships from IBSAT 2024 Test

Eligibility Criteria

For Toppers in IBSAT

Candidates who secure top ranks in IBSAT

For Wards of IBS Alumni

Children of IBS alumni applying for the MBA/PGPM programme

For Physically Challenged Candidates

Candidates with physical disabilities applying for MBA/PGPM programme

Wards of Defence Personnel (In-service/retired) from Army, Airforce, Navy, and Paramilitary Forces

Children of in-service or retired defence personnel from these forces applying for MBA/PGPM program

Scholarships worth INR 10 crore

IBS Kolkata offers scholarships to its students based on score in IBSAT 2024. IBS has announced scholarships worth Rs. 10 Crores exclusively for top performers in the IBSAT-2024 test, scheduled for December 28-29, 2024.

Eligibility Criteria:

  • For Toppers in IBSAT Candidates who secure top ranks in IBSAT 2024
  • For Wards of IBS Alumni
  • For Physically Challenged Candidates
  • For Wards of Defence Personnel (In-service/retired) from Army, Airforce, Navy, and Paramilitary Forces.

A total of 500 scholarships will be distributed by IBS across all its institutions. Each scholarship amounts to Rs 2 lakh per candidate, with the flexibility of adjusting Rs 1 lakh each in the first and second term installments against the program fee.

Merit scholarships for the Class of 2027

IBS aims to award 500 merit scholarships for the class of 2027 to deserving candidates falling under the aforementioned categories. Each scholarship amounts to INR 2 lakh per candidate, with the flexibility of adjusting INR 1 lakh each in the first and second-term installments against the program fee.

Terms and Conditions for Merit Scholarships

To avail these prestigious scholarships, candidates must fulfill the following terms and conditions:

  1. Eligibility: Scholarships will only be offered to candidates who have appeared for the IBSAT-2024 test and have successfully qualified.
  2. Admission and Registration: Students must complete the admission process, pay the requisite admission fee, and register on the specified date to be eligible for the scholarship.
  3. Applicability: The awarded scholarship amount can be adjusted solely against the program fee and payment and cannot be utilised for any other purposes or fees.
  4. Withdrawal Policy: In the event of a student's withdrawal from the programme for any reason, any applicable fee refunds will be calculated after deducting the scholarship sum granted earlier.

IBS continues to set a benchmark for excellence in management education. With its commitment to providing scholarships to deserving candidates, IBS aims to unlock opportunities and create a diverse pool of future business leaders who will contribute to the growth and success of organisations and society as a whole.

IBS Kolkata Facilities

You can check here to see what types of facilities IBS Kolkata provides.

Medical
Laboratory
Library
Auditorium
Cafeteria
Classrooms
Security

IBS Kolkata Faculty

Basic Information about the Faculty of IBS Kolkata

director
Dr. Ajay Phatak
Dr. Kumar Satyaki Ray
Associate Dean & Dy PCO
Dr. Sujoy Kumar Dhar
Faculty Member
Prof. Nirendu Konar
Faculty Member
Prof. Dibyendu nandy
Faculty Member
Dr Anirban Mandal
Faculty Member
Dr. Shefali Goyal
Faculty Member
Prof. Arpita Chowdhury
Faculty Member

IBS Kolkata College Details

Basic Information About the Colleges

Plot #Y1, Block EP Sector-V, Salt Lake City
Kolkata - 700091
West Bengal, India
Get SMS Contact:  033-40066998
Get Call Details:  033-40066998
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IBS Kolkata Latest News


Placements Class of 2022 of ICFAI Business School (IBS)

Written ByCollegedunia Teamon Dec 5, 2022
Placements Class of 2022 of ICFAI Business School (IBS)

Scholarship program by ICFAI Business School (IBS)

Written ByCollegedunia Teamon Nov 17, 2022
Scholarship program by ICFAI Business School (IBS)

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Course Duration:  2 Years
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Associate Dean & Dy PCO
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