Candidates applying for the MBA program at Institute of Management Studies, Ilkal, Bagalkot must have a Bachelor's degree in any discipline from a recognized university with a minimum aggregate of 50%. Additionally, candidates must have a valid score in any national level management entrance exam such as CAT, MAT, XAT, or CMAT. Work experience is preferred but not mandatory. The selection process may also include a group discussion and personal interview. Candidates must meet all eligibility criteria set by the institute to be considered for admission to the MBA program.