IBS MBA Admission 2022: 4200+ MBA Seats in ICFAI B-Schools in Niche Programmes offered at Moderate Fee with Strong Placements; Application has Re-Opened on March 1, 2022 for 8 ICFAI B-Schools

MBAUniverse.com News Desk |
March 4, 2022
MBA admission 2022 for 4200+ seats at IBS Ahmedabad, Mumbai, Bangalore and other ICFAI Business Schools is open. For IBS Hyderabad application process is closed but it is open for other 8 ICFAI Business School Admission 2022. You have the last option to apply through CAT/NMAT/GMAT score, as IBSAT exam is over. The application process for admission 2022 at 8 ICFAI B-schools has opened on March 1, 2022 and the last date to apply is March 31, 2022
IBS Admission 2022

IBS MBA Admission 2022 for the 4200+ MBA and PGPM seats at 8 ICFAI campuses is open while it is closed for ICFAI Hyderabad campus. The MBA programmes are offered by 9 ICFAI Business Schools including IBS Hyderabad, Mumbai, Pune among others at moderate fee. Each ICFAI Business School (IBS) has offered strong placements over the years.

IBS MBA admission 2022 in all the ICFAI B-Schools is offered through the IBSAT entrance exam and also through CAT/GMAT/NMAT exams. While IBSAT 2021 was conducted in December 2021, the option to apply through CAT/GMAT/NMAT is re-opened on March 1, 2022  for IBS MBA admission 2022 for the MBA programs offered by IBS Bengaluru, IBS Dehradun and IBS Jaipur, and PGPM (Post Graduate Program in Management) programs offered by IBS Ahmedabad, IBS Gurgaon, IBS Kolkata, IBS Mumbai and IBS Pune.The last date to apply for admission 2022 closes on March 31, 2022.

IBS (ICFAI Business School) MBA & PGPM Admission 2022 Open: Apply Now

The selection process for IBS Hyderabad admission and 8 other ICFAI Business School Admission 2022 has begun after declaration of IBSAT result in January 2022. The process of IBS Admissions 2022 has started with the selection briefings in January 2022 and will be over in March/April 2022. Read this article below to check key IBS USPs, bouquet of MBA programmes offered, IBS MBA Fees, Placements, Intake, IBS MBA admission criteria, Important Dates for IBS MBA admission 2022 among other details

Table of Contents
In this article, we shall cover:

  1. IBS Key Highlights and USPs
  2. IBS MBA Fees, Programmes offered & Intake
  3. IBS Placement 2021-campus wise
  4. IBS Admission Criteria 2022: Key Points & Step by Step Process
  5. How to Apply for IBS MBA Admission 2022
  6. IBS MBA Eligibility Criteria
  7. Important Dates for IBS MBA Admission 2022
  8. Non ICFAI Category B-Schools Accepting IBSAT Score

Let us start with why you should consider and to apply for ICFAI Business School admission alongwith other top B-schools.

1. ICFAI Business Schools: Key USPs

1.1 IBS Hyderabad Ranked Among Top B-schools: ICFAI Business School (IBS)-Hyderabad is a constituent of the ICFAI Foundation for Higher Education (IFHE), a Deemed University as per the UGC Act 1956. Established in 1985, IBS-Hyderabad is one of the top business schools in India. IBS Hyderabad is ranked #27 in Government of India, MHRD NIRF Ranking 2021 among top 100 Management Institutes of India

1.2 Accreditations: IBS-Hyderabad is among the first three B-Schools from South Asia to be SAQS accredited by AMDISA. IBS Hyderabad was among the first B-Schools to be graded by CRISIL with a grade of A** at the national level and A ***at the state level.

1.3 Nine IBS Colleges with 4200+ MBA Seats Offer Quality Education: The 9 IBS Institutes located in Hyderabad, Mumbai, Pune, Kolkata, Gurgaon, Jaipur, Dehradun, Ahmedabad and Bangalore (Off campus of IBS Hyderabad) are governed by ICFAI Foundation and are known for excellence in management education. IBS Institutes develop the resources with right set of knowledge, skills and attitudes to meet the requirement of the corporate world

 1.4 Concept of IBS TRICK:  As a business school known for excellence in education, IBS Hyderabad has the vision to develop lifelong resources to the industry by integrating teaching, research, institution building, knowledge sharing and community development (coined as IBS TRICK). 

1.5 Moderate Fee: Two years MBA/PGPM programme fee at 9 different campuses of ICFAI B-schools is in the range of Rs.6 lakhs to 16 lakhs which is lower than many top B-schools

1.6 Strong Placements: All the nine campuses of ICFAI B-schools have registered consistently strong placements over the years. Average Placement 2021 in IBS colleges has remained in the range of 6 to 7.6 LPA.

1.7 Top Recruiters: Prominent companies participated in placement 2021 at the IBS campuses. Some of them are PwC, Deloitte, BYJU’s, ICICI Bank, TCS, Wipro, JP Morgan, KPMG, Ernst & Young, L&T, Tata AIG, Tech Mahindra, Vedantu, ZF India, Zycus

1.8 Qualified and Experienced Faculty: ICFAI B-schools have faculty members pool with a blend of strong academic experience and strong industry experience which ensures rich learning. The ICFAI Business Schools believe that return on investment (ROI) depends on return on knowledge (ROK)

1.9 Course Design: The courses at IBS B-Schools are designed to help bridge the gap between management theory and practice. IBS 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.

2. IBS MBA Fees, Programmes Offered, Seats
The management programmes offered by 9 ICFAI B-schools are different at different campuses. While MBA program is offered by IBS Hyderabad, IBS Bangalore (Off campus of IBS Hyderabad), IBS Dehradun and IBS Jaipur, the PGPM (Post Graduate Program in Management) program is offered at IBS Ahmedabad, IBS Gurgaon, IBS Kolkata, IBS Mumbai and IBS Pune campuses.

ICFAI Business 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 4200+ students, 40000 alumni with strong interface to industry, which help in continuous student industry interaction and good placement. Apart from the 2 years MBA/PGPM programmes, IBS offers the 4-year Ph. D program (Full Time/Part Time) at IBS Hyderabad

Below are shared the key details about the IBS MBA Fees, programmes offered, and Seats campus wise

ICFAI Business School
Programme Offered
Fee (Rs.in Lakhs)
Seats
MBA
16.02
1200
PGPM
  9.09
  985
IBS Bengaluru (Off Campus of IBS Hyderabad)
MBA
12.06
  500
PGPM
  9.09
  525 
PGPM
  9.09
  460
PGPM
  9.09
    90
PGPM
  9.09
    60
MBA
  6.03
  360
MBA
  6.03
  360

2.1 IBS MBA Fees Concession: Offered at IBS Jaipur & Dehradun
The candidates selected for the MBA program of IBS Dehradun and IBS Jaipur who are from the respective state will be awarded fee concession of Rs.50,000. The fee concession will be given in five equal installments. The students have to produce domicile certificate from the Tahsildar/MRO/ Municipality Office.

IBS (ICFAI Business School) MBA & PGPM Admission 2022 Open: Apply Now

3. IBS Placements 2021
ICFAI business schools have recorded consistently strong placements over the years. Campus wise placements 2021 in IBS colleges are shared below

ICFAI Business School
Average Salary Rs. in Lakhs)
Highest Salary (Rs. in Lakhs)
7.59
15.94
6.38
12.40
IBS Bengaluru (Off Campus of IBS Hyderabad)
5.91
10.64
6.05
10.09
6.02
10.00
5.60
10.00
6.40
  8.46
5.49
13.20
5.62
10.62

3.1 Top Recruiters in IBS Placements 2021
Prominent companies participated in placement 2021 at the IBS campuses. Some of the marquee recruiters include PwC, Deloitte, BYJU’s, ICICI Bank, TCS, Wipro, JP Morgan, KPMG, BlackRock Services, ICICI Securities, Ernst & Young, Planet Spark, Genpact, Evalueserve, ICICI Prudential Life Insurance, CB Richard Ellis, IDFC First Bank, Axis Bank, Bright Champs, Credit Agricole, L&T, JARVIS, LIDO, Maruti Insurance, Nielsen, No Paper Forms, Practo Technologies, S&P Global, Saint Gobain Glass, Tata AIG, Tech Mahindra, Vedantu, ZF India, Zycus

4. IBS MBA Admission Criteria 2022: Key Poins & Step by Step Process
Here are the key highlights of IBS Admission 2022 process:

4.1. IBS MBA Admission 2022: Acceptable Entrance Exams
All the 9 campuses of ICFAI Business Schools will accept following exam score for admission 2022

4.1.1. IBSAT 2021: Exam on December 25 & 26, 2021
Gateway to IBS MBA Admission, IBSAT is the MBA entrance exam for admission to IBS Hyderabad and 8 other ICFAI B-schools. IBSAT 2021 was held on December 25 & 26, 2021 as a computer based test of two hours duration.

  • IBS Aptitude Test (IBSAT) 2021 will be conducted by ICFAI Foundation for Higher Education (a deemed to be University).
  • All the nine campuses of ICFAI Business School (IBS) will accept IBSAT 2021 exam score for MBA admission 2022
  • Last date to apply for IBSAT 2021 was December 16, 2021

4.1.1.2 IBSAT 2021 Exam Pattern

The online IBSAT 2021 exam consists of all important topics on Verbal Ability, Reading Comprehension, Quantitative Ability, Data Interpretation & Data Sufficiency. Interestingly, the Verbal Ability and Reading Comprehension are two separate sections in IBSAT exam. The number of questions in each section is shared below:

Sections
No. of Questions
Verbal Ability
50
Reading Comprehension
30
Quantitative Ability
30
Data Interpretation & Data Sufficiency
30
Total
140
  • IBSAT is of moderate difficulty level exam. 
  • IBSAT  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 

4.1.2 IBS MBA Admission: CAT/NMAT/GMAT Scores also accepted by ICFAI B-schools
ICFAI Business schools also offer admission opportunity through CAT/NMAT/GMAT scores.

  • Scores from 2019 onwards for IBSAT/CAT/ NMAT by GMAC/GMAT/ SNAP/ XAT/ MAT/ CMAT/CET (Maharashtra) and any other State Level Test are accepted for admission
  • Only the candidates who have not appeared for selection process in February 2022 are eligible to attend
  • Candidates with high scores in any of the above exams do not require to appear in IBSAT 2021 and may apply for MBA admission in ICFAI B-schools directly.
  • The candidates should apply with their CAT, NMAT by GMAC or GMAT scores by March 31, 2022. They can update scores online. On updating of scores, Selection process call letter will be issued.  

4.1.3 IBS MBA Admission 2022: Selection Process for Applicants

  • Candidates who have qualified are called for the selection process at 8 IBS campuses at IBS Ahmedabad, IBS Bengaluru, IBS Gurgaon, IBS Dehradun, IBS Jaipur, IBS Kolkata, IBS Mumbai and IBS Pune in April 2022
  • The selection process comprises of Group Discussion and Personal Interview
  • The final selection is based on past academic record and performance of the candidates in Group Discussion and Personal Interview
  • IBSAT 2021 results were announced in January first week and based on their scores in IBSAT , the qualified candidates were called for briefing sessions
  • After the briefing sessions, the candidates had to present themselves for next round of selection process comprising Group Discussion and Personal Interview. Apart from the foregoing, past academic record will also be taken into account before final selection.

5. How to Apply for ICFAI Business Schools Admission 2022?
You can apply online or offline for ICFAI Business Schools Admission 2022. Also you need to appear in IBSAT 2021 with the same fee of Rs.1800. If you wish to apply with your CAT/NMAT/GMAT exam and do not wish to appear in IBSAT for ICFAI Business Schools Admission 2022, you will need to update your exam score. Online and Offline Application process is as below:

5.1 Apply Online

  • You may apply online by clicking the application link and providing your Personal and contact details.
  • On submission of your details you will be guided to the payment page.
  • On payment of requisite amount, a confirmation email will be sent to the email id provided by you.
  • You will receive hard copy of the IBSAT Bulletin within one week.

5.2 Apply Offline

  • IBSAT bulletin is available at IBS marketing offices located across India
  • You may locate your nearest branch by clicking the admission link at IBS admission website and purchase the Bulletin by paying the requisite application fee of Rs.1800/- in cash.

IBS (ICFAI Business School) MBA & PGPM Admission 2022 Open: Apply Now

6. IBS MBA Eligibility for Admission 2022
IBS MBA eligibility requirements for admission 2022, prescribed by ICFAI Foundation for Higher Education are:

6.1 Graduate in any discipline
Minimum eligibility criteria required is the graduation 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 May 31, 2022. 

6.2 15 years of minimum education till graduation
Candidate must have gone through minimum 15 years of regular education i.e. 10+2+3 or 10+2+4 basis.

6.3 English Medium Education needed or submit TOEFL/NELT/IELTS scores
Candidates applying for IBS admission 2022 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 May 31, 2022.

7. Important Dates for ICFAI Business Schools Admission 2022
Application process for MBA Admission 2022 at ICFAI Hyderabad is closed. However, Admission 2022 application process for other 8 campuses of ICFAI Business schools is open. Below are the key dates for IBS admission 2022

ICFAI B-School Admission 2022 Activity
Important Dates
IBS MBA Admission 2022 Application process Starts with CAT/GMAT/ NMAT score
March 1, 2022
IBS MBA Admission 2022 Last Date to Apply with CAT/GMAT/ NMAT score
March 31, 2022
 Selection Process Start & End dates
April 09-10, 2022 at 8 Campuses & IBS Hyderabad Head Office.
IBS Admission Application Start Date
July 5, 2021
IBS MBA Last Date to Apply for IBSAT 2021
December 16, 2021
IBSAT Admit card Download start date
December 17, 2021
Last Date for Admit Card download
December 25/26, 2021 (Applicable IBSAT exam date)
IBSAT 2021Exam Date
December 25 & 26, 2021
IBSAT Result Date
January 1st week 2022
IBSAT Score Card Download Date
January 1st week 2022 onwards
Selection Briefings (Start-End Dates)
January 8 to 16, 2022

8. Non ICFAI Category Top Colleges Accepting IBSAT Score
While IBS Hyderabad is the most preferred MBA college among all the 9 campuses of ICFAI Business schools and MBA aspirants exercise IBS Hyderabad as their first preference, other management institutes in Non-ICFAI category which also accept IBSAT score are

MBA college Accepting IBSAT Score

Hope you found this article helpful with the details on USPs, fee, intake, placements and step by step admission process of ICFAI business schools. It will help you in taking a right decision on MBA admission 2022. Application process at IBS colleges is open. Apply Now

Stay tuned to MBAUniverse.com for more updates on IBS Hyderabad and other ICFAI Business Schools 

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