To be eligible for the MBA program at Institute of Business Management & Research, Wakad, Pune, candidates must have a bachelor's degree in any discipline from a recognized university with a minimum of 50% aggregate marks. Additionally, applicants must have a valid score in entrance exams such as CAT, MAT, XAT, CMAT, or MAH-CET. Work experience may also be preferred but is not mandatory. The selection process may include a group discussion and personal interview to assess the candidate's communication skills, analytical ability, and overall suitability for the program. It is important for candidates to meet these criteria to be considered for admission to the MBA program at IBMR, Wakad.