IBSAT Result 2023

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Updated on
May 29, 2023

ICFAI Foundation will release the IBSAT 2023 Result on any day between December 29, 2023 and January 5, 2024. Although the official date of IBSAT result release is January first week, the result is declared much before the pre announced date. IBSAT exam 2023 is scheduled on December 23 & 24, 2023 as a computer based exam.


IBSAT 2023 score card is available for download from official IBSAT website after the IBSAT Result is declared by ICFAI Foundation for Higher Education (IFHE), a Deemed University

IBSAT 2023 Registration Open: Register Now

How to Download IBSAT 2023 score card
IBSAT Result 2023 download of score card begins with the declaration of IBSAT result. Candidates who appear for the IBSAT 2023 can download their score card from official IBSAT exam website by login with their IBSAT ID and password to download their score card.


The IBSAT exam result will be uploaded on IBSAT website by the ICFAI Foundation for Higher Education (IFHE), a Deemed University for download of score card.


Selection Process post declaration of IBSAT 2023 result
The candidates who appear in IBSAT 2023 and qualify the exam and cross the cut offs will be called for Selection Briefing Round.

  • On the basis of IBSAT 2023 scores, candidates will be shortlisted for the selection briefings
  • Selection briefings are a series of focused seminars to provide the candidate an insight into Programs and processes at IBS
  • The Selection Briefings will be conducted at 40 locations in January 2024
  • The final selection process for admission to ICFAI Business consists of Group Discussion and Personal Interview as per following schedule
Important Dates
IBSAT 2023 Application
July 01, 2023 To Dec 16, 2023
IBSAT 2023 Test Dates
Dec 23 To Dec 24, 2024
IBSAT 2023 Result
Between Dec 29, 2023 and Jan 5, 2024
Selection Briefings
January 2024
Selection Process
From February third week to March first week, 2024

 All dates tentative


IBSAT 2023 Result Components

  • Maximum score is 140 for 140 questions
  • Each correct answer carries a weight of +1 Mark
  • IBSAT 2023 score card contains Raw Score and Percentile score
  • A moderate percentile score of 70+ in IBSAT result can get you shortlisted by IBS Hyderabad

Marking Scheme in IBSAT 2023 Result
All candidates who are interested for admission in any of the 9 ICFAI Business Schools should appear in IBSAT 2023 exam. Based on their performance in the IBSAT 2023 examination, as reflected in IBSAT 2023 Score card, only short listed candidates will be called for the Selection briefings and final selection – the GD-PI round. The selection of candidates for different IBS campuses will happen in two stages.


Candidates qualified based on IBSAT 2023 Result and also the CAT/GMAT/NMAT by GMAC score are called for the Selection process at IBS Hyderabad campus scheduled in the last week of February 2024


No negative marking
IBSAT 2023 Result will not have negative marking. The IBSAT 2023 Result will carry same weightage for General as well as for Reserved Category candidates in preparation of merit list.


ICFAI Foundation for Higher Education (a deemed to be University) will declare the IBSAT 2023 result alongwith your IBSAT 2023 Percentile based on 4 parameters which can improve or reduce your chances of shortlisting by ICFAI Institutes for MBA 2024-26 batch :

  • Total number of candidates appeared in IBSAT 2023 exam,
  • Your performance relative to your peers
  • Section-wise difficulty level in IBSAT exam

Likely IBSAT Cut Off Percentile for top ICFAI B- Schools

MBA college
IBSAT Percentile Required for Shortlisting
IBS (ICFAI B-School) Mumbai
IBS (ICFAI B-School) Gurgaon
IBS (ICFAI B-School) Bengaluru
IBS (ICFAI B-School) Ahmedabad
IBS (ICFAI B-School) Kolkata
IBS (ICFAI B-School) Dehradun
IBS (ICFAI B-School) Jaipur
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