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ICFAI Business School - [IBS] logo

ICFAI Business School - [IBS]

Plot #Y1, Block EP Sector-V, Salt Lake City, India • 7000914.2(18)
VerifiedPrivate InstituteEstd. 1995
Founded
1995
Type
Private Institute
Highest Package
₹10.0 LPA
Average Package
₹6.7 LPA

About ICFAI Business School - [IBS]

ICFAI Business School (IBS), Kolkata is one of the best B-schools in the country and it renders excellent academic facilities. The college offers postgraduate and research programs in the discipline of Management. Established in 1995, ICFAI Business School is a constituent of ICFAI University.

Chat with Experts & Aspirants, get exclusive insights: Join IBS Kolkata Community

The college has a facilitated Placement Cell that conducts placement drives every year & also provides placement assistance to its students. IBS Kolkata Placements 2024 recorded 99% placements. The highest and average package stood at INR 10 LPA and INR 6.7 LPA respectively. Some of the top recruiters of IBS Kolkata Placements are Kotak Mahindra Bank, PWC SDC, Deloitte Tax Services, CSB Bank Ltd, HDFC Bank Ltd etc.

Apply Now IBSAT 2024

IBS Kolkata Important Dates 2025

IBSAT Events Dates
IBSAT 2024 Application July 01, 2024 – 3rd Week of December 2024
IBSAT 2024 Test Dates December 28 – 29, 2024
IBSAT 2024 Results 1st Week of January 2025
Selection Briefings 2nd Week of January 2025
Selection Process for PGPM Program February/ March 2025
MBA Events Phase 1 Dates (Tentative) Phase 2 Dates (Tentative)
Application Process Starts February 22, 2025 April 08, 2025
Application Process Ends April 02, 2025 April 26, 2025
Selection Process 

April 6 – 7, 2025 (At IBS Ahmedabad, IBS Bangalore, IBS Dehradun, IBS Gurgaon, IBS Jaipur, IBS Hyderabad)

April 7 – 8, 2025 ( At IBS Kolkata) 

April 28, 2025
Selection Process Results April 13, 2025 April 30, 2025

IBS Kolkata Highlights

Established | Type 1995 | Private
Course offered | Type PGPM | Management
Selection criteria Entrance based
Entrance exam IBSAT
Accepted exam scores TOEFL/ NELT/ IELTS/ GMAT/ CAT/ NMAT/ XAT
Application mode | Fee Online | INR 1,800
Location Plot # Y1, Block EP, Opp. Godrej Waterside IT Park, Sector-V, Salt Lake, Kolkata-700091 West Bengal
Official website | Contact https://www.ibsindia.org/ibs-kolkata/ | 033-23577125

IBS Kolkata Ranking

Ranking Ranking Authority
62 All India Rank among top 100 Private B-Schools. Education World
1st Rank in Eminent B-Schools of Eminence 2022 CHR-GHRBC B-School Survey
Ranked 8th in A++ Category (All India) 2022 Silicon India B-School Survey
Ranked 2nd in East Zone NA
108th All India Business Today
17th All India Silicon India
2nd in Eastern Zone Silicon India
11th among Top New Generation B-Schools and 2nd among Zone wise Digital Mailers
2nd in West Bengal and 4th in the Eastern Region among B-Schools of excellence CSR GHRDC

IBS Kolkata Course and Fees

ICFAI Business School (IBS) Kolkata offers a two-year full-time PGPM Program. Eligibility for the course is a Graduate degree with 50% aggregate marks with the medium of instruction as English. Applicants not meeting the IBS Kolkata eligibility criteria of English medium in graduation have to submit the TOEFL/ NELT/ IELTS score. Applicants in their final year bachelor’s degree course are also eligible to apply, provided they complete their graduation requirements (including practical examinations / viva / assignments) before May 31, 2025.

Further, candidates who have qualified based on IBSAT/CAT/NMAT/XAT/GMAT score are called for the selection process.

The selection process includes Micro Presentation and Personal Interview. Moreover, the final selection is based on past academic record and performance of the candidates in Micro Presentation and Personal Interview.

The course fee is INR 9.09 Lakhs for the 2-year programme. The available seats are 120 - 200 for different programmes. 

Read More: IBS Kolkata Fee Structure

IBS Kolkata Scholarships

IBS Kolkata offers scholarships to its students based on score in IBSAT 2024. IBS has announced scholarships worth Rs. 10 Crores exclusively for top performers in the IBSAT-2024 test, scheduled for December 28-29, 2024.

Eligibility Criteria:

  • For Toppers in IBSAT Candidates who secure top ranks in IBSAT 2024
  • For Wards of IBS Alumni
  • For Physically Challenged Candidates
  • For Wards of Defence Personnel (In-service/retired) from Army, Airforce, Navy, and Paramilitary Forces.

A total of 500 scholarships will be distributed by IBS across all its institutions. Each scholarship amounts to Rs 2 lakh per candidate, with the flexibility of adjusting Rs 1 lakh each in the first and second term installments against the program fee.

ICFAI Kolkata also provides INR 2. Lac scholarships on the basis of the student’s scores in the entrance exams like CAT/NMAT/XAT/GMAT. The scholarship amount would be adjusted to INR 1,00,000 for 2 semesters along with the course fees. The Minimum Cut-off score to be eligible for the ICFAI Business School Scholarship is as follows:

Scholarship Eligibility Cutoff Scores

Test

Cutoff Score

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 Kolkata Admission

Admission to ICFAI Business School Kolkata is through the IBSAT exam conducted by the IBS group. Below are some details related to the IBS Kolkata admissions:

About IBSAT

IBSAT is an online aptitude test conducted by The ICFAI Foundation for Higher Education for students seeking ICFAI Business School Kolkata Admission to the PGPM of IBS Kolkata. Applicants need to secure a good score on IBSAT to get qualified for the selection process.

Selection Process

Applicants who have valid scores of IBSAT/ GMAT/ CAT/ NMAT/ XAT by GMAC are called for the selection process at IBS Kolkata. The final selection is based on past academic records and the performance of the candidates in the Micro Presentation and Personal Interview rounds.

Read More: IBS Kolkata Admissions

IBS Kolkata 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 Kolkata Placements 2024

IBS Kolkata Placements 2024 recorded 99% placements. IBS Kolkata highest and average package stood at INR 10 LPA and INR 6.7 LPA respectively. Some of the prominent recruiters of IBS Kolkata Placements include Deloitte Consulting, EY, ICICI Bank, Aditya Birla Capital, CSB Bank Ltd, HDFC Life etc. More highlights of the placement drive are tabulated below: 

Particulars Placements Statistics 2024
Placement Percentage 99%
Highest domestic salary offered INR 10 LPA
Average salary offered INR 6.7 LPA
Top 10% average salary INR 8.77 LPA
Top 25% average salary INR 8.43 LPA

Read More: IBS Kolkata Placements

IBS Kolkata Faculty

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

Read More: IBSAT Faculty

IBS Kolkata Branches

ICFAI Business School (IBS) Branches located in India are as follows:

IBS Kolkata FAQs

Ques. What are the facilities available at IBS Kolkata for students?

Ans.  IBS Kolkata Facilities:

  • A state-of-the-art Wi-Fi campus with air-conditioned classrooms.
  • Library and reading room with over 20,000 books, international journals, magazines, and online database facilities.
  • A team of faculty members, apart from guiding students, are also engaged in research and in conducting training programs for practising managers.
  • Psychological Counselling by Trained and Professional Counsellors.
  • Soft Skills Training by Experts.
  • Availability of off-campus accommodation on a sharing basis in the vicinity of the campus.
  • Modern audio-visual teaching aids.
  • Classrooms with Internet connectivity and projectors.

Ques. Which degree is provided at IBS Kolkata?

Ans. ICFAI Business School Kolkata or IBS Kolkata provides no degree but a certificate to students. PGPM, the only program offered at IBS Kolkata is a certificate course and not a degree. Students pursue this certificate course as it is equivalent to an MBA degree.

Ques. Who are the top 10 recruiters of IBS Kolkata?

Ans. The top recruiters of ICFAI Business School Kolkata are:

  • HDFC Bank
  • ICICI Bank
  • IMRB International
  • IndusInd Bank
  • Hinduja Leyland Finance
  • ICICI PRUDENTIAL LIFE INSURANCE COMPANY
  • Square Yards
  • CignaTTK Health Insurance
  • BYJU'S
  • Anarock Property Consultants

Ques. What is the IBSAT 2024 Exam Pattern?

Ans. The IBSAT 2024 consists of 140 questions in the following subjects:

  • Verbal Ability – 50 questions
  • Reading Comprehension – 30 questions
  • Quantitative Aptitude – 30 questions
  • Data adequacy and Data Interpretation – 30 questions

Ques. How to apply for IBSAT 2024?

Ans. Candidates applying for IBSAT 2024 must follow the steps mentioned below:

  • Online Application: Visit the application portal and complete the form.
  • Personal and Contact Details: Enter your personal information and contact details.
  • Confirmation: Submit your details to proceed to the payment page.
  • Payment: Pay the application fee of Rs 1800.
  • Receipt: After successful payment, you will receive a confirmation email/SMS on your provided email address and phone number.
  • Brochure: Within one week of completing the complete application, the applicants will receive a hard copy of the IBSAT Brochure.

Ques. Are mock tests conducted by IBS?

Ans. Yes, over 2-3 free National Mock Tests are conducted for aspirants with prize money.

Ques. How is a Micro Presentation round conducted at IBS Kolkata?

Ans.  A Micro-Presentation in IBS Selection process is a brief talk or presentation where candidates demonstrate their communication, presentation skills, and ability to think quickly on their feet. Candidates have the opportunity to select one topic out of three. The format allows for 4 minutes in total: 1 minute for preparation and 3 minutes for delivering the presentation.

Ques. A personal interview is of how many minutes at IBS Kolkata?

Ans.  Each candidate will be interviewed for 5-7 minutes. The interview panel will focus on assessing the attitude and aspirations of the candidates besides evaluating their General Knowledge, communication skills, clarity of thought and expression, as well as aptitude for a career in management.

Courses & Fees

Explore Courses

Compare fees, eligibility, duration, exams, and specializations in a compact view.

Courses
1
Lowest Fee
₹9,09,000
Highest Fee
₹9,09,000
Streams
1
Management
Admission
Last Date to Submit Application Form for Admission through IBSAT 2024
Start: 31 Jan 2025
Last Date: N/A
Cutoff
Value: 55
Exam: NMAT
Year: 2023
Ranking
Rank: #169
Agency: India Today
Category: Management
Accepted Exams
CAT2025
30 Nov 25
NMAT2025
05 Nov 25 - 20 Dec 25
XAT2025
05 Jan 25
GMAT2024
IBSAT2025
28 Dec 25 - 29 Dec 25

Admission Process

Admission to ICFAI Business School - [IBS] is based on various entrance exams and merit. The college offers multiple courses with different admission criteria.

Accepted Entrance Exams

GMATCATNMATXATIBSAT
Placements & Recruiters

ICFAI Business School - [IBS] Placement Details

ICFAI Business School - [IBS] in Kolkata, West Bengal, India placement details include salary insights, top recruiters, and hiring trends to help students understand career outcomes and campus opportunities.

Students usually compare highest package, average package, and recruiter profile before applying. This section gives a compact overview of career outcomes and placement visibility in Kolkata, West Bengal, India.

Recruiters
16
Salary Metrics
2/2
Placement Metric

Highest Package

₹10,00,000

Represents the top salary package reported in the available placement information.

Placement Metric

Average Package

₹6,70,000

Shows the typical package range students may expect based on the available average salary data.

Top Recruiters

Leading companies associated with the college’s placement ecosystem.

Showing 16 recruiters
  • Aditya Birla Group
  • Avery Dennison
  • Bank of America
  • CA Technologies
  • Cognizant
  • EPIC Systems
  • Ernst & Young
  • Factset
  • Genpact
  • Idea Cellular
  • Oracle
  • Polaris
  • Wipro
  • Axience
  • Deloitte
  • Goldman Sachs
Campus Facilities

ICFAI Business School - [IBS] Facilities

ICFAI Business School - [IBS] in Kolkata, West Bengal, India offers campus facilities such as library, hostel, laboratories, sports, transport, cafeteria, medical support, Wi-Fi, and more for a better student experience.

Students often look for practical campus amenities before applying. This section gives a quick overview of the key facilities available for academics, student life, daily comfort, and overall campus experience in Kolkata, West Bengal, India.

Total Facilities
7
Academic Support
3
Student Life
3
  • Medical
    Student Life

    Medical

    Essential campus support designed to improve academic experience, student comfort, and day-to-day convenience.

  • Laboratory
    Academic

    Laboratory

    Essential campus support designed to improve academic experience, student comfort, and day-to-day convenience.

  • Library
    Academic

    Library

    Essential campus support designed to improve academic experience, student comfort, and day-to-day convenience.

  • Auditorium
    Campus Life

    Auditorium

    Essential campus support designed to improve academic experience, student comfort, and day-to-day convenience.

  • Cafeteria
    Student Life

    Cafeteria

    Essential campus support designed to improve academic experience, student comfort, and day-to-day convenience.

  • Classrooms
    Academic

    Classrooms

    Essential campus support designed to improve academic experience, student comfort, and day-to-day convenience.

  • Security
    Facility

    Security

    Essential campus support designed to improve academic experience, student comfort, and day-to-day convenience.

Faculty

Dr. Ajay Phatak

Sr. Director & Campus Head

Dr. Kumar Satyaki Ray

Associate Dean & Dy PCO

Qualification: PGDBM, UGC NET, Ph D

Dr. Sujoy Kumar Dhar

Faculty Member

Qualification: Ph.D, M.Sc. (Economics), MBA (Finance)

Prof. Nirendu Konar

Faculty Member

Qualification: M.Tech. (IIT Kharagpur) MBA (University of Phoenix, USA) FA

Prof. Dibyendu nandy

Faculty Member

Qualification: B.E. (IIEST), MBA (TAPMI), ABA (ISB)

Dr Anirban Mandal

Faculty Member

Qualification: M.Sc, MBA, PhD

Dr. Shefali Goyal

Faculty Member

Qualification: B A (Hons) Economics, MA (PMIR), Ph. D

Contact Information

Plot #Y1, Block EP Sector-V, Salt Lake City<br> India

Pincode: 700091

033-40066998

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