ICFAI Business School (IBS), Pune is a constituent of ICFAI University, is recognized by UGC and approved by AICTE. The college provides career-oriented and innovative education in the discipline of Management. IBS Pune, established in 1995, offers postgraduate and research programs across various specializations for a duration of 2 years. Admission to IBS Pune is done on the basis of state and national-level entrance exams. The institute offers facilities like AC classrooms, an auditorium, a cafeteria, a library and labs.

Direct Link to Apply for IBS Pune Admission

IBS Pune Placements 2023 recorded 99% placements. The highest package stood at INR 56.55 LPA & the average package stood at INR 7.59 LPA. Some of the prominent recruiters of IBS Pune Placements are ICICI Bank, Tata Capital, HCL Technologies, HDFC Bank etc.

IBS Pune Important Dates 2024

IBSAT Event Dates
IBSAT Registration Window July 1, 2023
IBSAT Registration Last Date December 16, 2023
IBSAT Admit Card Release 3rd week of December 2023
IBSAT Exam Date 4th week of December 2023
IBSAT Result 1st week of January 2024
Briefing about Selection 2nd week of January 2024
IBSAT Selection Process Begins February / March 2024
CAT Events Dates
CAT 2023 Registration Starts August 02, 2023
CAT 2023 Registration Closes September 13, 2023
CAT 2023 Admit Card Release October 25, 2023
CAT 2023 Exam Date November 26, 2023
XAT Events Dates
XAT Registration Opens July 15, 2023
XAT Registration Closes November 30, 2023
Last Date for XAT Application through GMAT / GRE December 31, 2023
XAT Exam Date January 07, 2024
NMAT Events Dates
NMAT Registration August 1 - October 10, 2023
NMAT Scheduling August 1 - October 12, 2023
NMAT Re-Scheduling August 1 - December 16, 2023
NMAT Exam Dates October 10 - December 19, 2023
NMAT Registration Retake October 11 - December 16, 2023
NMAT Retake Scheduling October 11 - December 16, 2023
NMAT Last Date for Scorecard Download March 31, 2024

IBS Pune Key Facts

  • Candidates can apply to the college through online mode on the official website of the college.
  • Admission is done on the basis of entrance exams such as CAT, GMAT, IBSAT, and NMAT.
  • IBS Pune has a facilitated and dedicated Placement Cell which provides job assistance to its students.
  • The college has highly qualified and well-experienced faculty members who provide guidance to the students.
  • During IBS Pune Placements 2023, the highest salary package offered was INR 56.55 LPA. 

IBS Pune Rankings

  • 5th Rank by CSR GHRDC among Top 49 B-Schools of Excellence.
  • ‘A+’ Grade by Business & Management Chronicle’ B-School ratings.
  • Institutional Appreciation Award by AIMS International.
  • B-School with Best Industry Interface by Dewang Mehta B-School Awards.
  • ‘A++’ by Business India.

IBS Pune Courses

IBS Pune offers BBA, MBA, and PhD to its applicants. A brief about major courses is given below:

Course Duration Eligibility
BBA 3 years 50% in 10+2 with English
MBA/PGPM 2 years Graduate + IBSAT score + GD + PI

IBS Pune PGPM

IBS Pune flagship course PGPM is offered in 12 ranges of specializations, Advertising and Media, Banking, Insurance & Financial Services, Business Analytics, Digital Marketing, Entrepreneurship, Finance, Human Resources, Supply Chain, Sales and Marketing, Operations, IT and Systems, and International Business. The fee for the 2-year course is INR 9.09 Lakhs. It has 300 – 500 seats under different programmes. Admission to the course is done based on entrance exams such as CAT, XAT, GMAT, NMAT and IBSAT. Once a candidate qualifies for one of these examinations he or she can apply for the selection process in IBS Pune in February/March 2024. The final seat allotment is based on the candidate’s performance in Group discussions and Personal Interview rounds. 

Read More: IBS Pune Courses and Fee Structure

IBS Pune Scholarships

IBS also offers scholarships of INR 2 Lakhs to Top candidates in each category of IBSAT, CAT, NMAT by GMAC, XAT and GMAT test scores. IBSAT category scholarships are already announced. 500 scholarships have already been awarded to IBS students. The scholarship amount of INR 2,00,000 would be adjusted for 2 semesters i.e. INR 1,00,000 in each semester against the fees payable.

Eligibility Criteria for IBSAT Merit Scholarship 2023:

  • Top performers
  • Wards of Defence Personnel (Serving/Retired)
  • Wards of IBS Alumni
  • Physically Challenged Candidates

Scholarship Eligibility Cutoff Scores

Test

Cutoff

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 Pune Admission

ICFAI Business School, Pune, admits students on the basis of merits as well as entrance scores. For the BBA program, students are given admission on the basis of marks obtained in 10+2. For the MBA/ PGPM program, students with  CAT, IBSAT, GMAT, and NMAT test scores are eligible to apply. Final admissions are given to the shortlisted students.

How to apply?

To apply for admission, applicants must register themselves online on the official website of the college. For the registration:

  • Applicants must fill out the online application form.
  • Attach the required documents.
  • Pay the application fee of INR 1,800 via credit/debit cards or net banking.

Read More: IBS Pune Admissions

IBS Pune 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 Pune Placements

IBS Pune Placements 2023 recorded 99% placements. IBS Pune highest package stood at INR 56.55 LPA whereas IBS Pune's average package stood at INR 7.59 LPA. Some of the prominent recruiters of IBS Pune are Deloitte, Oracle, Genpact, BYJU’s, EY, KPMG & many more. The placement highlights are mentioned below:

IBS Pune Placement Report
Percentage of students placed 99%
Average Salary INR 7.59 LPA
Highest Domestic Salary INR 12 LPA
Highest International Salary INR 56.55 LPA
Top 10% average salary INR 10.96 LPA
Top 25% Average Salary INR 9.47 LPA
Read More: IBS Pune Placements

IBS Pune Faculty

The faculty at IBS Pune are highly experienced and well-qualified. The college has 24 faculty members who have expertise in their respective fields which provide the best knowledge to the students. They provide proper guidance to the students through their experience. The faculty members are helpful, supportive and have a proper understanding of their areas of expertise.

IBS Pune Student Activities

  • Treks, sports tournaments, matches, and competitions.
  • IBS Pune has its own student Newsletter published quarterly called ‘Prerana’.
  • A students’ annual event (Zeal) is organized by students.
  • Annual Conference, "Yes! Finance Minister" is a regular event.

ICFAI Business School FAQs

Ques. What are the facilities provided by IBS Pune?

Ans. IBS Pune has state-of-the-art infrastructure which provides various facilities to the students such as ICT Classroom and Seminar Hall, a well-stocked library, laboratories, an auditorium, Indoor & Outdoor games, transport facilities, a canteen, and many more.

Ques. What is the fee structure of the MBA program at IBS Pune?

Ans. The fee structure for the MBA program at IBS, Pune is INR 9.09 lakhs for 2 years.

Ques. Does IBS Pune provide scholarships to students?

Ans. IBS Pune provides scholarships to students on merit-cum-means basis. The students belonging to reserved categories or from low-income groups can avail the facility of scholarships.

Ques. What is the IBSAT application cost?

Ans. The IBSAT application cost is INR 1800/-.

Ques. Is there any financial assistance provided by IBS Pune?

Ans. The candidates selected for IBS Programs avail of educational loans from Public / Private Sector Banks. IBS has entered into MOUs with the following financial institutions:
  • Eduvanz Financing Pvt. Ltd
  • AVANSE Financial Services Pvt. Ltd.