IBSAT 2014: 10 Key facts to MBA 2015-17 Admission process

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Amit Agnihotri
Columnist & Author, MBAUniverse.com
Updated on August 29, 2014
IBS Aptitude Test (IBSAT) 2014 is an important online computer based MBA entrance test to be conducted across India by ICFAI Foundation
IBSAT tests the candidate's ability in quantitative techniques, data interpretation, data adequacy, analytical reasoning, vocabulary and comprehension

IBS Aptitude Test (IBSAT) 2014 is an important online computer based MBA entrance test to be conducted across India by ICFAI Foundation for Higher Education (a deemed to be University)   during 22 days examination window from December 10, 2014 to December 31, 2014. This test is the gateway for admission to MBA programmers’ 2015-17 in 9 IBS B schools. http://www.mbauniverse.com/article/id/7816/IBSAT-2014-exam

Computer based 2 hours Test

IBSAT is based on Computer Based Test (CBT) format. IBSAT tests the candidate’s ability in quantitative techniques, data interpretation, data adequacy, analytical reasoning, vocabulary and comprehension.  It is comprehensive multiple choice question (MCQ) examination with a two hours duration.  Major share in the examination is consumed by Vocabulary (English) and reading comprehension with more than 50 percent questions and rest is divided among the other four.

IBSAT  2014 Related Query : Instant Counselor Chat

 

Registration for IBSAT will close on December 1, 2014

Registration for IBSAT opened on July 15, 2014 and will continue till December 1, 2014. IBSAT is proposed to be conducted in 22 days test window beginning from December 10 to December 31, 2014 across the country.

Applications can be submitted both online as well as off line. However the last date of submission of completed application forms in either mode is December 1, 2014.

Eligibility criteria for IBSAT

-Graduate in any discipline

Minimum eligibility criteria require the candidates to be graduate in any discipline with not less than 50 percent marks. The candidates in their final year of graduation are eligible to apply provided they are able to complete their graduation including any type of practical etc. examination before 31.5.2015 and can submit the proof of graduation by October 1, 2015. 

-Minimum 15 years of study up to Graduation

Another eligibility requirement is that the candidate must have gone through minimum 15 years of regular education i.e. 10+2+3 or 10+2+4 basis. In fact these are AICTE guidelines. Graduates with a course of one time sitting basis or on a two years basis will not be eligible. 

For PhD programme, apart from above 2 years full time Post Graduation in Management or  other professional qualification like CA/ICWA with minimum 60% marks or equivalent will be required. 

-Education in English Medium; else TOEFL/NELT/IELTS scores needed

Candidates applying for IBSAT 2014 should ensure that they have studied with English as medium of instruction. Applicants not meeting the criteria of English as medium of instruction at undergraduate level are supposed to submit the TOEFL/NELT/IELTS score by 31.5.2015.

IBSAT 2014: common form for Participating B schools

IBSAT 2014 application form is common for all IBS campuses like IBS Ahmadabad, IBS Bangalore, IBS Gurgaon, IBS Hyderabad, IBS Dehradun, IBS Jaipur, IBS Kolkata, IBS Mumbai, IBS Pune  and for PhD program at IBS Hyderabad campus.

Acceptance of CAT/GMAT scores

The scores of this examination are accepted by all the nine IBS B-schools. Scores of CAT 2014 and GMAT 2011 onwards will also be accepted by the IBS B schools in place of IBSAT 2014 and such candidates with high scores in either of these two tests do not require to appear in IBSAT 2014.

However candidates should apply with their CAT 2014 and GMAT (2011 onwards scores) by December 31, 2014. It is a good opportunity to get a good B school for those who have scored well in CAT/GMAT.

Selection Process after the test

IBSAT 2014 results will be announced on January 19, 2015 and based on their scores in IBSAT 2014/CAT-2014/GMAT-2011 onwards; the qualified candidates will be called for briefing sessions, to be held in 40 cities across India from February 1, 2015 to February 10, 2015.

After the briefing sessions,  the candidates shall have to present themselves for next round of selection process comprising Group Discussion and Personal Interview, at IBS Hyderabad on the designated dates during 18th to 26th February 2015.

Apart from the foregoing,  past academic record will also be taken into account before final selection.

Opportunity with IBS B schools

IBS B Schools offer General MBA degree as well as MBA in Financial economic and family business to their students.  These nine campuses of IBS B schools have 3000 students, 34000+ alumni with strong interface to industry, which help in continuous student industry interaction and good placement.

Most of the courses at IBS B Schools are designed to help  bridge the gap between management theory and practice. These B schools provide good academic delivery and infrastructure to its students. The two year full time management program prepares students to accept the challenges in future and equip them for successful corporate careers.

MBA 2015-17: Fee structure and fee concessions at ICFAI B schools

Fee structure for MBA 2015-17 batch will vary at different ICFAI B schools. The fee structure as advised by ICFAI foundation is expected to be as follows and to be paid in instalments


ICFAI B schools

Tuition fee (In lakhs)

Refundable Caution Deposit(In thousands)

Fee concession

IBS Hyderabad

12.20

10

--

IBS Ahmedabad

 7.10

10

--

IBS Bangalore

 7.10

10

--

IBS Gurgaon

 7.10

10

--

IBS Kolkata

 7.10

10

--

IBS Mumbai

 7.10

10

--

IBS Pune

 7.10

10

--

IBS Dehradun

 5.00

10

50K fee concession for the candidates hailing from Uttarakhand

IBS Jaipur

5.00

10

50K fee concession for the candidates hailing from Rajasthan

 
Accommodation at ICFAI B schools

Hostel facilities are available only at IBS Hyderabad where MBA programme is fully residential. The students will be allotted non-A/c single rooms with common wash room facility. The accommodation and mess expenses will have to be borne by the student.

Other campuses do not have on campus accommodation. College administration will assist the students in getting a suitable off campus accommodation near by the campus. The living expenses may vary between Rs. 5K to 10K per month in these cities.    

 Advisory to crack IBSAT 2014

According to Prof S K Agarwal, expert on Verbal Ability preparation, IBSAT wouldn’t have a high difficulty level. Despite having a similar question pattern as that of other MBA entrance examinations, due care is taken in formation of question types. Most of the candidates applying for IBSAT 2014, have already been preparing for CAT/IIFT/XAT/CMAT/NMAT and by the time they go for IBSAT 2014, most of these entrance tests will be over. Since the aspirants have already prepared and appeared for different MBA/PGDM entrance test with high difficulty level, IBSAT will not be difficult to crack.

Aspirants are advised to continue on the same preparation strategy. The test has around 120-125 questions with two hours to solve all of them and major part goes to Verbal Ability and Reading Comprehension. The need is to practice more of the MCQs and revisit your practiced RC passages. The Quant, DI&DA, LR may be practiced on the same lines of other examination.

Time management at IBSAT 2014 will also have to taken care of. You will roughly have one minute per question to solve, so it is not advisable to stick to one question at the cost of many others.

Related link

IBSAT 2014 Exam dates announced; 22 days Test window from December 10 to December 31, 2014

IBSAT 2013 Day 1: Complex Quant, Easier Verbal

IBSAT 2013 registration enters last date

IBSAT 2013 Exam Pattern and key dates

IBSAT 2013: ICFAI B Schools, IBSAT 2013 exam Pattern and key dates

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