IBS MBA Admission 2022: Process Open for 4200+ Seats at IBS Hyderabad & 8 Other ICFAI B-Schools; Offer MBA at Moderate Fee with Strong Placements – Check Key Details

MBAUniverse.com News Desk |
October 19, 2021
MBA admission 2022 for 4200+ seats at IBS Hyderabad, Ahmedabad, Mumbai, Bangalore and other ICFAI Business Schools is open now. For IBS Hyderabad admission and for other 8 ICFAI Business School Admission, you have the option to appear in IBSAT or apply through CAT/NMAT/GMAT score. IBSAT will be conducted as computer based test on December 25 & 26, 2021 and the last date to apply is December 16, 2021 with an application fee of Rs.1800
IBS Admission 2022

IBS Admission 2022 process for the 4200+ MBA and PGPM seats at nine ICFAI campuses is open. These 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.

MBA admission in ICFAI B-Schools is open through the IBSAT 2021 entrance exam and also through CAT/GMAT/NMAT exams. Last date to apply for IBS MBA admission 2022 through IBSAT 2021 closes on December 16, 2021.

The selection process for IBS Hyderabad admission and 8 other ICFAI Business School Admission process will begin after declaration of IBSAT result in January 2022. The process of IBS Admissions 2022 will start with the selection briefings in January 2022 and will be over in March 2022. Read this article below to check key IBS USPs, programmes offered, campus wise Fee, Placements, Intake, admission process, Important Dates for admission 2022 among other details 

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Table of Contents
In this article, we shall cover:

  1. IBS Key Highlights and USPs
  2. Programmes offered & Intake
  3. IBS Placement 2021-campus wise
  4. IBS Admission Process 2022: Key Points
  5. How to Apply for Admission
  6. IBS Admission Eligibility Criteria
  7. Important Dates for 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. Programmes Offered, Fee, 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 thee 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 campus wise programmes offered, Fee and Seats

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 Fee Concession 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. 

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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 Admission 2022: Step by Step Process
Here are the key highlights of IBS Admission 2022 process:

4.1. 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 Admission, IBSAT is the MBA entrance exam for admission to IBS Hyderabad and 8 other ICFAI B-schools. IBSAT 2021 will be 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 is 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 CAT/NMAT/GMAT Scores also accepted by ICFAI B-schools
ICFAI Business schools also offer admission opportunity through CAT/NMAT/GMAT scores.

  • GMAT/CAT/NMAT by GMAC scores from 2019 onwards are accepted in place of IBSAT 2021 by IBS B-schools
  • 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 December 16, 2021. They can update scores online on or before January 31, 2022. On updating of scores, Selection process call letter will be issued in the month of January 2022.  

4.1.3 Selection Process after the test

  • IBSAT 2021 results will be announced in January 2022 first week and based on their scores in IBSAT 2021, the qualified candidates will be called for briefing sessions, in the month of January 2022.
  • After the briefing sessions, the candidates shall have 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.
  • The candidates who apply and update their CAT/NMAT/GMAT scores online on or before January 31, 2022, selection process call letter will be issued to them

5. How to Apply for IBS Admission 2022?
You can apply online or offline and also 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, you will need to update your exam score in January 2022. 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.

Apply Now 

6. ICFAI Business School Admission Eligibility 2022
IBS admission 2022 eligibility requirements 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.  

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7. ICFAI Business Schools Admission 2022: Important Dates
Below are the key dates for IBS admission 2022

ICFAI B-School Admission 2022 Activity
Important Dates
IBS Admission Application Start Date
July 5, 2021
Last Date to Apply 
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
Last date to apply for IBS admission with CAT/GMAT/NMAT score
January 31, 2022
Selection Process for MBA/PGDM (Start-End Dates)
February to March 2022 at IBS Hyderabad/Online

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 all IBS colleges is open. Apply Now

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