IBS Bangalore: Courses, Fees Structure, Admission 2024, Cut off, Placements, Rankings

IBS Bangalore: Courses, Fees Structure, Admission 2024, Cut off, Placements, Rankings

Bangalore, Karnataka
ICFAI Foundation for Higher Education, HyderabadPrivateEst  1995

IBS Bangalore: Courses, Fees Structure, Admission 2024, Cut off, Placements, Rankings

jagran josh

Since its inception in 1995, ICFAI Business School (IBS) Bangalore has been a flagship institution under the ICFAI Society, and is now an Off-Campus Center for IFHE (ICFAI Foundation for Higher Education), a deemed-to-be University. With its strong reputation, IBS Bangalore continues to draw thousands of students from all over India, offering them a enriching and fulfilling experience that makes it a sought-after destination for management education.

  • No. of Faculty 34

Table of Contents

IBS Bangalore Courses, Exams, and Fees 2024

  • MBA

    13.5 Lacs
    Course Details : 2.0 Years, Full Time
    Stream : Management

IBS Bangalore Admission 2024

IBS Business School, Bangalore admission to the MBA course is based on IBSAT, an online computer-based aptitude test, conducted by The ICFAI Foundation for Higher Education. 

The application process for IBSAT 2024 involves the following steps:
  1. Register and Pay: Begin by registering and paying the application fee of Rs 1800.
  2. Take the Test: Either take the IBSAT test (online remote-proctored) or submit your scores from CAT, NMAT by GMAC™, XAT, or GMAT™.
  3. Wait for Results: Await the announcement of test results.
  4. Selection Process: If shortlisted, attend the selection process at IBS Hyderabad campus, comprising Micro Presentation and Personal Interview rounds.
  5. Admission Confirmation: Upon successful completion, receive confirmation of admission and campus allocation.

Qualified candidates, who have met the eligibility criteria through their IBSAT, GMAT®, CAT, or NMAT by GMACTM scores, will be invited to participate in the Selection Process in February/March 2025. The final selection will be determined by a combination of their performance in the Micro presentation, Personal Interview, and their past academic record, ensuring a comprehensive assessment of their qualifications and potential.

Last Date to Apply: 3rd week of December 2024

IBSAT 2024

The ICFAI Foundation for Higher Education, Hyderabad, a deemed-to-be University under Section 3 of the UGC Act, 1956, administers the IBSAT, a proctored online aptitude test.
Test Format:
  • Remote proctored computer-based test (CBT)
  • Multiple-choice questions
  • 2-hour duration
  • Assesses quantitative techniques, data interpretation, data adequacy, vocabulary, analytical reasoning, and reading comprehension skills
Exemptions and Acceptance:
  • Candidates with valid CAT, NMAT, XAT, or GMAT scores (from 2022 onwards) are exempt from taking IBSAT 2024
  • Valid scores from these exams are also accepted in lieu of IBSAT 2024 scores
  •  The ICFAI Foundation for Higher Education (IFHE) - Deemed-to-be University, with its Hyderabad Main Campus and Bangalore Off-Campus, as well as The ICFAI University in Dehradun and Jaipur. Admission to the MBA programs offered at:
    • IBS Hyderabad
    • IBS Bangalore
    • IBS Dehradun
    • IBS Jaipur
  •  IBSAT 2024 EXAM Pattern

    Section 

    Title 

    No of Questions

    Verbal Ability

    50

    II

    Reading Comprehension 

    30

    III

    Quantitative Aptitude

    30

    IV

    Data adequacy and Data Interpretation

    30

    Total                                                                                               140

IBS Bangalore Important Dates

IBSAT 2024 Application

July 01, 2024; To: 3rd week of December-2024

IBSAT 2024 Test Dates

28-29, December-2024

IBSAT 2024 Result

1st week of January, 2025

Selection Briefings

2nd week of January, 2025

Selection Process

MBA/PGPM Program: During February/March 2025

IBS Bangalore Admission Process 2024

Application Process

The application process for admission to the MBA/PGPM programs is unified across all nine IBS campuses, including Ahmedabad, Bangalore, Gurgaon, Hyderabad, Dehradun, Jaipur, Kolkata, Mumbai, and Pune, providing a simplified and streamlined admission procedure for candidates applying to any of these campuses.

How to Apply

To apply online:

  1. Access the application portal and fill out the form with your personal and contact information.
  2. Confirm your details to proceed to the payment page.
  3. Pay the application fee of Rs 1800.
  4. Upon successful payment, you will receive a confirmation email and SMS on your registered email address and phone number.
  5. Within a week of completing the application, you will receive a hard copy of the IBSAT Bulletin.

Admission - Final Selection Weightages

Criteria

Percentage

Academic Performance  

50%

Personal Interview (PI)

25%

Others (Micro presentation)

25%

There is no weightage for work experience in the selection process. However, during the Personal Interview the panel members assess the candidate taking into consideration all the factors like work experience, etc.

Exam Accepted and Cut offs

 

Exam

Exam Accepted/ Cut Offs

State Level Test

CAT

Yes/60% and above

MAH CET

XAT

Yes/60% and above

 

CMAT

No

ATMA

MAT

No

CUT PG

NMAT

Yes/150+

Karnataka KMAT

SNAP

No

PGCET

IBSAT

Yes

Kerala KMAT

GMAT

Yes/500+

TANCET

GRE

No

Any Other

 

IBS Bangalore Loan Facility

The candidates selected for IBS Programs can avail educational loans from Public / Private Sector Banks. IBS has entered into an MOU with HDFC Credila Financial Services Ltd. 

IBS offers Bridge loan to students admitted into the programs till they receive the sanction and disbursement of an educational loan from a bank. Students are required to pay the admission fee by the specified date from their own resources. The Bridge loan facility is available for the first installment of program fee and not for any subsequent installments due on future dates. Under the bridge loan facility, IBS will accepts 1st installment of Program fee in partial payments by way of one Demand Draft and three cheques in equally distributed amounts. IBS students may utilize this  facility until the bank loan is sanctioned. The details will be provided in the Selection Letter.  

CourseApplication Open DateApplication Close Date
MBA- Master of Business Administration2024-07-012024-12-21

Exams Accepted By IBS Bangalore

CAT 2024: Registration (Active), Exam Date (Out), Eligibility, Syllabus, Pattern

XAT 2025: Registration Started, Exam Date (Out), Syllabus, Pattern, Question Papers, Cutoff

NMAT 2024: Application Form (Started), Notification, Exam Date, Eligibility

IBSAT 2024: Registration (Active), Exam Date Out, Syllabus, Updates

IBS Bangalore Top Placements 2024

IBS Class of 2024 Placements Highlights 

With a 95% placement rate, the institute boasts an impressive record. Over 750 companies participated in the recruitment drive, leading to 20 international placements. The highest international CTC offered was a 36.76 LPA, while the top domestic package stood at 26.19 LPA. Key hiring sectors included finance, banking, IT/ITES, and consulting.

Placements Data

Years

Average Salary

Median Salary

Highest Salary

Batch Placed %

2024

7.41

7.60

13.50

93%

2023

7.42

7.50

12.58

95%

2022

7.02

7.00

22.16

94%

Placement

 

 

The Bangalore campus has maintained an impressive track record of placement success since its inception, with a consistent placement rate of over 90% every year. The class of 2024 surpassed this benchmark, achieving an outstanding 93% placement rate.

Highest CTC: ₹10 Lakhs per annum (National)

Highest CTC:  ₹13.50 Lakhs per annum (International)

Average CTC: ₹7.41 Lakhs per annum

Average CTC (Top 10%): ₹10.50 Lakhs per annum

Average CTC (Top 25%): ₹9.35 Lakhs per annum

A total of 75 recruiters, primarily from Financial Services, Banking, IT/ITES, and Consulting sectors, participated. Some of the companies include A. K. Capital Services Limited Accenture,Aditya Birla Finance Limited,Aditya Birla Sun Life Insurance Company Limited Anand Rathi,Arvind Smart Spaces Ltd,ASA Corporate Catalyst(India),Bharat Financial Inclusion Limited(BFIL),British Paints,BuyerForesight,Care Health Insurance(Religare Health Insurance),CSB Bank Ltd.,Cushman & Wakefield,Deloitte US India(Audit Services),DIGIT,Everest Industries Ltd,Factset,Fiorano Software,FirstMeridian,Frootle,Genpact Grihum Housing  Finance,H& R Johnson,HDFC Bank,Home First Finance India Pvt. Ltd.

Homelane,Housiey,ICICI Bank,ICICI Lombard General Insurance Co,ICICI Prudential (AMC) ICICI PRUDENTIAL LIFE INSURANCE COMPANY,IDFC First Bank,In2 ITEBS Intime Solutions,IPSOS Research,Ironsides Advisory,JM Financials,Ketan Ventures Korn Ferry,LODHA Group,Make My Trip (I) Pvt. Ltd,Myclassboard Educational Solut MyGate,NIPPON PAINT (INDIA) PRIVATE LIMITED,Niva Bupa Health Insurance co

NoBroker.com,OLA Electric,Oracle India Pvt. Ltd.,ORITUR TECHNOLOGIES PRIVATE Pine Labs,Planet Spark.,PNB Metlife Insurance,Property Cloud,PWC SDC,Radio City-Music Broadcast Pvt Ltd,SBI Funds Management Pvt. Ltd.

List of Top 10 Recruiters & number of Students recruited at IBS Bangalore

S.No

Name

1

HDFC Bank

2

Tata Capital

3

Deloitte US India(Audit Services)

4

NoBroker.com

5

Spandana Sphoorty Financial Services

6

ICICI PRUDENTIAL LIFE INSURANCE COMPANY

7

Property Cloud

8

PWC SDC

9

SBI Funds Management Pvt. Ltd.

10

ICICI Bank

The majority of placements, approximately 76%, come from sectors such as Banking (31%), Finance (16%), Infra/Telecom/Real estate (10%), IT/ITES (10%), Consulting (9%) The remaining 24% come from industries like E Commerce, Education, and others.

The majority of placements, approximately 70%, come from sectors such as Banking (31%), Financial Services (19%), IT/ITES (10%), and Consulting (10%).C The remaining 30% come from industries like ecommerce, education, ed-tech, Media & Research, manufacturing, and others.

The placements are distributed as follows: Marketing 40%, Finance 38%, HR 10%, with the remainder allocated to Operations and IT & Systems.

IBS-Bangalore boasts a strong alumni base of 6588 graduates, which, when combined with the alumni from other IBS campuses, forms a vast and vibrant network of over 70,000 members, fostering a dynamic and supportive community that benefits from shared experiences, knowledge, and connections.

IBS Bangalore Top Alumni List and their LinkedIn Profile Links

S No

Name

Company

LinkedIn Profile Link

1.

Prithveesh MM

Tata Consultancy Services, New Jersey , United States

https://www.linkedin.com/in/prithveeshmm/

2.

BOBBY JOY

Adpap Middle-East FZC, United Arab Emirates

https://www.linkedin.com/in/bobby-joy-728131170/

3.

Bharath Manjunath

Tata Consultancy Services,City of London, England, United Kingdom

https://www.linkedin.com/in/bharathm87/

4.

Anurag Soin

ANZ, Melbourne, Victoria, Australia

https://www.linkedin.com/in/anurag-soin-4319943b/

5.

Amit Gawali

Google,British Columbia, Canada

https://www.linkedin.com/in/amit-gawali-8838b553/

6.

Bhushan Harne

LittleMaster,Hyderabad, Telangana

https://www.linkedin.com/in/bhushan-harne/

7.

Nishant Kashyap

Prudent Insurance Brokers Pvt. Ltd. Bangalore

https://www.linkedin.com/in/nishantkashyap/

8.

Manoj Pachouri

Veritas Technologies,Pune, Maharashtra

https://www.linkedin.com/in/manojpachouri/

9.

Prashant Sharma

Motilal Oswal Financial Services Ltd, Bangalore

https://www.linkedin.com/in/prashant-sharma-20997328/#experience

10.

Deepak Kumar

 WNS Research & Analytics (Marketics), Bangalore

https://www.linkedin.com/in/deepak-kumar-2904b870/

List of Top 10 Companies Where IBS Bangalore Alumni is Working

S. No

Company Name

1

Deloitte

2

Accenture

3

Ernst & Young

4

HSBC Bank

5

JP Morgan Chase and Co

6

ICICI Bank

7

HDFC Bank

8

Tata Consultancy Services

9

Kotak Mahindra Bank

Also Check:

ICFAI Business School (IBS) List

IBS Ahmedabad

IBS Pune

IBS Hyderabad

IBS Jaipur

IBS Dehradun

IBS Kolkata

IBS Gurgaon

IBS Mumbai

IBS Bangalore Information Brochure 2024

IBS Bangalore: Courses, Fees Structure, Admission 2024, Cut off, Placements, Rankings Infrastructure and Facilities

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Campus Video | IBS Bangalore

Contact

IBS Bangalore: Courses, Fees Structure, Admission 2024, Cut off, Placements, Rankings

IBS Business School, 231, Baba Sabarapalya, Near Check Post, Mysore Road, Kengeri, Bengaluru - 560060, Karnataka, India

, Bangalore, Karnataka - 560060

FAQs

  • Will the students be provided with laptops?
    +
    No, the students are expected to bring their own Laptops when reporting at the campus.
  • What is the role of group discussion and personal interview in the selection process?
    +
    G.D. - In the group discussion, a topic will be announced to a group of 8 – 10 candidates. The candidates will be given 15 minutes for the group discussion. After discussion each candidate will be given an opportunity to summarise his/her opinion in a minute. The group discussion aims to evaluate the candidate’s expression, initiative communication, analytical skills and behaviour in group. P.I. - A personal interview is the final stage in the selection process. The interview panel members are Directors, Deans, Senior Faculty Members and Alumni. The duration of the interview for each candidate will be for 10 minutes. The interview panel will focus on assessing the attitude, aptitude and aspirations of the applicant besides evaluate the candidate’s general knowledge, communication skills, clarity of thought, expression and aptitude for a career in management.
  • What does the selection process comprises of?
    +
    The selection process comprises of the following stages: ▪ Group Discussion ▪ Personal interview
  • When is the selection process conducted?
    +
    Selection process will be conducted from April 06-07, 2024, at IBS Bangalore.
  • When is the last date to apply for MBA Program?
    +
    The last date to apply for MBA Program is April 02, 2024.
  • Is there any management quota of seats available?
    +
    There is no management quota or NRI quota.
  • How to get information on Programs and Admission Process of IBS?
    +
    The details are available on the website of IBS. On filling the online application, candidates will receive a copy of the PGPM bulletin containing all the details about the institution, programs and processes. It will be sent in the month of March 2024.