The ICFAI Foundation for Higher Education conducts the IBSAT entrance test which is an aptitude test conducted in online mode for those looking to get into MBA/PhD programmes offered at all the nine IBS campuses, which are Bangalore, Ahmedabad, Kolkata, Gurgaon, Pune, Mumbai, Dehradun, Jaipur and Hyderabad. The main aim of conducting IBSAT is to analyse the applicants’ ability in data interpretation, quantitative techniques, vocabulary, data adequacy, reading comprehension and analytical reasoning required to pursue MBA or PhD programmes at all the nine IBS campuses.
The conducting body, ICFAI Foundation for Higher Education, under Section 3 of UGC Act 1956, is a Deemed to be University. A Computer-Based Test, IBSAT paper comprises of 140 questions in MCQ format. The duration of the IBSAT entrance exam is 120 minutes, which is 2 hours.
IBSAT application forms are made available to the candidates in the form of IBSAT bulletin which can be purchased online for INR 1800/-. The application forms for IBSAT are accepted of only those candidates who fulfil the minimum IBSAT eligibility criteria. Post Graduate Programme in Management (PGPM) aspirants who will apply for IBSAT can only secure a seat at either of the IBS Bangalore, Ahmedabad, Kolkata, Gurgaon, Pune and Mumbai campuses.
From 2017 onwards, the IBSAT authorities decided to scrap the policy under which only IBSAT scores were used to grant admission to MBA and PhD aspirants in all the IBS campuses. Now candidates with a valid CAT/ GMAT/ NMAT by GMAC scores are also offered admission at all the campuses of IBS.