MBA Colleges Accepting IBSAT 2023 Score: Courses and Cut-Off

Sakunth Kumar

Updated On: January 05, 2024 04:38 pm IST | IBSAT

IBSAT 2023 was conducted on December 23 & 24 and the results were released on December 27, 2023. Check the list of MBA colleges accepting IBSAT 2023 Scores for admission to their MBA course.

MBA Colleges Accepting IBSAT Score: Courses and Cut-Off

MBA Colleges Accepting IBSAT 2023 Score: Admission to various ICFAI Business Schools (IBS) is based on IBSAT 2023. More than 15 MBA colleges in West, South, North, and East India accept IBSAT 2023 scores for admission to their MBA and PGDM courses. IBSAT score plays a vital role during the selection process, as enough weightage is given to performance in the entrance exam apart from the other stages of the selection process including Group Discussion and Personal Interview.

IBSAT is a popular management exam conducted by the ICFAI Foundation for Higher Education for admission to management courses offered by various campuses of ICFAI Business School across the country. IBSAT 2023 was conducted on December 23 and 24, 2023. The IBSAT 2023 result was released on December 27, 2023 while the IBSAT 2023 selection process will be held online from February 10 to 18, 2024. The list of colleges that accept the IBSAT 2023 score can be checked below.

Also Read: Success Tips for IBSAT 2023

List of MBA Colleges Accepting IBSAT 2023 Score: Highlights

The list of MBA colleges accepting IBSAT 2023 scores can be checked below.

Name of the College

IBSAT 2023 Expected Cut-Off Percentile

Courses Offered

Course Fees
(in INR)

 Salary Package (in INR)

Other Entrance Exams

ICFAI Business School, Hyderabad

71-75

Master of Business Administration (MBA)

14,00,000

10,42,000 - 58,19,000

ICFAI Business School, Mumbai

68-70

PGPM

8,10,000

 7,14,000 - 53,45,000
  • CAT
  • GMAT
  • NMAT by GMAC

ICFAI Business School, Bangalore

64-66

Post Graduate Programme in General Management (PGPM)

8,10,000

7,02,000 - 22,16,000
  • NMAT by GMAC
  • CAT
  • GMAT

ICFAI Business School, Pune

60-64

PGPM

8,10,000

6,02,000 - 10,00,000
  • NMAT by GMAC
  • MAT
  • GMAT
  • CAT

ICFAI Business School, Dehradun

54-58

MBA

Domiciled: 5,16,000

Non-Domiciled: 5,67,000

6,01,000 - 10,00,000
  • CAT
  • GMAT
  • NMAT by GMAC

ICFAI Business School, Gurgaon

65-67

PGPM

8,10,000

6,05,000 - 13,83,000
  • CAT
  • NMAT by GMAC

ICFAI Business School, Ahmedabad

58-62

PGPM

8,10,000

7,91,000 - 28,32,000
  • NMAT by GMAC

ICFAI Business School, Kolkata

55-60

PGPM

8,10,000

7,41,000 - 58,19,000
  • NMAT by GMAC
  • XAT
  • GMAT
  • MAT
  • CAT

ICFAI Business School, Jaipur

53-57

MBA

Domiciled: 5,16,000

Non-Domiciled: 5,67,000

6,91,000 - 22,16,000
  • NMAT by GMAC
  • CAT
  • GMAT

About the MBA Colleges Accepting IBSAT Scores

The following are the top MBA colleges that accept IBSAT scores:

IBS Hyderabad

The Faculty of Management Studies at IBS Hyderabad is a part of the ICFAI Foundation for Higher Education, which is recognized by Section 3 of the UGC Act of 1956 as a Deemed-to-be-University. The goal of IBS's two-year MBA/PGPM program is to introduce graduates to the management skills required to develop experts who can work across functional boundaries in an evolving work environment. An essential part of education at IBS is the Summer Internship Programme (SIP), which is provided in addition to the program's core and specialized courses. It is an effort to bridge the gap between academic institutions and the real world of employment. IBS adds soft skills to the MBA/PGPM Programme, giving students a rare chance to improve their personality, communication, and presentation skills.

IBS Mumbai

Situated in the financial and industrial hub of India, IBS Mumbai encourages every student to reach their full potential by combining rigorous academics with real-world industry experience. Modern facilities and top-notch teaching members facilitate the seamless transition from student to manager. Soft skills are added by IBS to the MBA/PGPM Programme, offering a special chance for students to improve their personality, communication, and presenting abilities. The program's learning objectives are English Language Skills, which include the ability to communicate effectively through speaking and in writing, to make captivating presentations, to build sufficient self-confidence in interpersonal skills, to build teams and exercise leadership, and to be able to participate actively in the various selection procedures employed by corporations.

IBS Dehradun

The IBS two-year MBA/PGPM program is intended to introduce graduates to the management skills required to become experts capable of integrating across functional areas in a dynamic organization. The program's courses are practice-focused, emphasizing the use of concepts, principles, and tools to address issues and difficulties encountered in modern organizations. These courses have been developed to provide students a managerial perspective on developing and carrying out business strategy. Students gain a deeper understanding of the key functional areas and strategic dimensions of management as well as the ability to critically and analytically make decisions while keeping in mind the business and ethical implications of those decisions. They also learn to encourage future professionals to equip themselves with the latest tools and techniques.

IBS Kolkata

Situated in the dynamic and intellectual "City of Joy", IBS Kolkata is dedicated to producing top-tier managers via a blend of rigorous academic programming and a dynamic industrial interaction. IBS provides a Summer Internship Programme (SIP) in addition to the program's core and specialized courses. This initiative aims to close the gap between academic institutions and the professional sector. Students participate in SIP for a total of 14 weeks at the conclusion of their second semester. Through SIP, students are exposed to real-life situations that are not possible to replicate in the classroom and that need a high level of formal and substantive professionalism. It gives students exposure to technical skills and facilitates the development of social skills by putting them in contact with real professionals.

IBS Bangalore

IBS Bangalore, located in the centre of India's IT industry, attracts the best teachers and students. The goal of IBS's two-year MBA/PGPM program is to expose graduates to the management abilities required to develop experts who can work across functional boundaries in a dynamic organization. At IBS, the case teaching style is heavily utilized. Students can discover prevalent problems in particular functional areas of management with the use of the Case Method. It is anticipated that students would go through cases, understand the business context, assess the issues and develop potential solutions, and then present their findings to the class for discussion. 

IBS Gurgaon

The goal of IBS Gurgaon, which is located in the rapidly expanding corporate hub of Gurgaon, is to produce a new generation of managers capable of thriving in the fiercely competitive business sector. MBA candidates can pursue a PGDM degree at IBS Gurgaon. The institute has been recognized by the University Grants Commission (UGC). IBS Gurgaon's campus is well-equipped with computer laboratories, an auditorium, lecture halls, and cafeterias. With a strong emphasis on placements, the institute offers the PGDM cohort full placement assistance.

How to Select MBA Colleges Accepting IBSAT 2023 Score

Check the list of all the major factors that the candidates should consider while selecting a good MBA college accepting IBSAT scores.

Colleges Accepting IBSAT Score

Check the Placement Statistics and Salary Packages

CampusPlacementsAverage CTC (in LPA)Highest CTC (in LPA)Average CTC (in LPA)
NationalInternationalTop 10 %Top 25 %
Ahmedabad98%7.308.2913.009.238.69
Bangalore95%7.4212.58-9.298.73
Gurgaon95%7.5512.0022.9311.639.90
Hyderabad95%10.4221.0058.1917.6613.97
Kolkata99%7.418.50-8.428.34
Mumbai98%8.1718.8011.1313.311.01
Pune99%7.5912.0056.5510.969.47
Dehradun94%6.398.6523.0010.408.70
Jaipur99%8.539.0023.3116.9912.06

Other ICFAI Colleges Offering MBA in 2024

Given below are other ICFAI colleges offering MBA in 2024:

College

Course

Course Fee (in INR lacs)

ICFAI, Jharkhand

MBA & MBA for Working Professionals

1,80,000 - 2,64,000

ICFAI, Sikkim

MBA

3,00,000

ICFAI, Tura (Meghalaya)

MBA

Domiciled: 1,94,000

Non-Domiciled: 2,38,000

ICFAI, Mizoram

MBA

Domiciled: 2,18,000

Non-Domiciled: 2,68,000

ICFAI, Nagaland

MBA

Domiciled: 2,57,000

Non-Domiciled: 3,32,000

MBA Colleges Accepting IBSAT 2023 Score: Important Dates

Check the table below to know the most important dates related to the MBA colleges accepting IBSAT 2023 scores.

Particulars

Tentative Dates

IBSAT Registration Deadline

December 20, 2023 (Closed)

IBSAT Exam

December 23 and 24, 2023

IBSAT Results and Scorecard Release Date

First week of January 2024

Entrance Test Scores Submission Last Date

Last week of January 2024

Group Discussion/Personal Interview DateFebruary/ March 2024

English Proficiency Test score (TOEFL/IELTS/NELT) Submission Last Date

Last week of March 2024

Graduation Completion Date (for candidates in the final year of bachelor's degree)

Last week of May 2024

Graduation Degree Certificates Submission Last Date (for candidates in the final year of bachelor's degree)

First week of November 2024

MBA Colleges Accepting IBSAT 2023 Score: Eligibility Criteria

Candidates must meet the following requirements in order to become eligible for admission to the MBA colleges accepting IBSAT 2023 scores.
  • Applicants must have obtained a Bachelor's degree with a minimum aggregate of 50%.
  • They must possess valid scores in IBSAT/CAT/GMAT/NMAT.
  • Candidates who are currently in the final year of their graduation degree are also eligible to apply, provided they complete their graduation before May 31, 2024.

MBA Colleges Accepting IBSAT 2023 Score: Admission Process

  • Eligible candidates must fill out the application form for their desired college. 
  • Candidates must possess valid scores in IBSAT /CAT /NMAT /GMAT /SNAP/ XAT/ MAT/CMAT/SET (Maharashtra) or any state-level examination.
  • In the absence of a valid CAT/GMAT/NMAT score, candidates must appear for the IBSAT examination conducted by the ICFAI Foundation for Higher Education.
  • The selection process includes group discussions and interviews for which the shortlisted candidates must appear.
  • Past academic records, scores obtained in the entrance exam, and performance in the Group discussions, and Personal Interviews all are taken into consideration while offering final admissions.
  • Finally, candidates have to submit the following documents and pay the required fees.

Documents Required

  • Entrance Exam Score Cards
  • All Educational Certificates
  • Transfer Certificates
  • Migration Certificate 
  • Passport size Photograph

Related Articles:

IBSAT 2023 Last Minute TipsIBSAT 2023 Exam Day Checklist
IBSAT 2023 Proctored Test GuidelinesCrack GD-PI Selection Process of IBS Hyderabad (IBSAT) with These Tips!

Candidates must clear the IBSAT cutoff for their chosen college to take admission. If any candidate requires admission-related assistance for IBS, they can fill the Common Application Form (CAF) or call on our helpline number 1800-572-9877.

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FAQs

What is the minimum eligibility criteria to seek admission to MBA colleges accepting IBSAT 2023 scores?

To become eligible for admission to the MBA colleges accepting IBSAT 2023 scores, applicants must have obtained a Bachelor's degree with a minimum aggregate of 50%. They must possess valid scores in IBSAT/CAT/GMAT/NMAT. Candidates who are currently in the final year of their graduation degree are also eligible to apply, provided they complete their graduation before May 31, 2024.

What is the IBSAT 2023 expected cutoff percentile at ICFAI Business School, Hyderabad?

The IBSAT 2023 expected cutoff percentile at ICFAI Business School, Hyderabad, ranges from 71 to 75 percentile. The institute offers an MBA programme to candidates with valid IBSAT/CAT/GMAT/NMAT scores. The course fee stands at INR 14,00,000.

What is the IBSAT 2023 expected cutoff percentile at ICFAI Business School, Bangalore?

The IBSAT 2023 expected cutoff percentile at ICFAI Business School, Bangalore, ranges from 64 to 66 percentile. The institute offers a Post Graduate Programme in General Management (PGPM) programme to candidates with valid IBSAT/CAT/GMAT/NMAT scores. The course fee stands at INR 8,10,000.

What is the IBSAT 2023 expected cutoff percentile at ICFAI Business School, Pune?

The IBSAT 2023 expected cutoff percentile at ICFAI Business School, Pune, ranges from 60 to 64 percentile. The institute offers a Post Graduate Programme in General Management (PGPM) programme to candidates with valid IBSAT/CAT/MAT/NMAT scores. The course fee stands at INR 8,10,000.

What is the selection process at the MBA colleges accepting IBSAT 2023 scores?

Candidates must have passed any state-level exam, including the IBSAT, CAT, NMAT, GMAT, SNAP, XAT, MAT, CMAT, and SET (Maharashtra). Candidates must appear for the IBSAT exam administered by the ICFAI foundation for higher education if they do not have a valid CAT, GMAT, or NMAT score. The shortlisted candidates must participate in interviews and group discussions as part of the selection process. When making a final admissions decision, past academic records, entrance exam results, performance in group discussions, and personal interviews are all taken into account.

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