IBS Bangalore: Admission, Ranking, Courses, Fees, Scholarship and Placements

Established in the year 1995, the ICFAI Business School (IBS) Bangalore is a constituent institute of the ICFAI group offering full-time MBA courses. The institution is an off-campus college of IFHE located in southwest Bangalore. ICFAI Business School (IBS), Bengaluru-Ranked 40th and State Ranking (Karnataka)-Ranked 7th in Education World - EW India Higher Education Rankings 2023. The institute has attained UGC recognition for ensuring academic excellence with hands-on industrial exposure to the students.

Admission to MBA programmes offered by the institution is based on marks obtained by the individuals in the entrance exam conducted by the institution, ICFAI Business Studies Aptitude Test (IBSAT) along with graduation with a minimum of 50% marks. The institution also accepts national-level entrance exams like CAT/GMAT/NMAT as the valid selection criteria for granting admission to the courses offered by the institution.

IBSAT Registration 2024 Open (Apply Now)

IBS Bangalore ensures a maximum number of its students securing campus placements from the top participating companies during its annual placement drive. The class of 2024 witnessed 93% of its students being provided with job opportunities in diverse management and related sectors. The average salary offered stood at INR 7.41 LPA, whereas the top 10% of the students were placed with an average salary of INR 10.50 LPA. Both national and international job offers were provided to the students during IBS Bangalore placements 2024. Some of the top recruiting companies of IBS Bangalore are HDFC Bank, Deloitte US India, TATA Capital, ICICI Bank, SBI Funds Management Pvt. Ltd., and many more.

The infrastructure facilities of the institution comprises of a well-stocked library with about 26,000 books and 3,000 educational CDs, accommodation facilities for the outstation students, a sports complex, etc. In order to meet the contemporary times academic requirements computer labs with 24/7 wifi connectivity have been established by the institution providing educational assistance to all types of academic and research-based practices.

Also Read: IFHE Hyderabad

IBS Bangalore Highlights

The two-year MBA/PGPM Programme offered at IBS Bangalore is designed to provide its students with industry exposure while ensuring academic excellence. Tabulated below are the highlights of the institution.

IBS Bangalore: Courses & Fees

• IBS Bangalore offers MBA courses in two components MBA/PGPM program based on the marks obtained in IBSAT and other entrance exams like CAT/GMAT/NMAT/Karnataka PGCET followed by a personal interview and micro-presentation.
• The total fees of two-year MBA cost INR 13,05,000 at IBS Bangalore.
• In the selection process, a micro-presentation is a quick discussion or demonstration where candidates exhibit their aptitude for quick decision-making, communication, and presentation.
• Applicants can choose one subject from a list of three. Four minutes are allotted by the format, one minute for setup and three minutes for the presentation itself.
• Personal Interview round is the most crucial step in the MBA selection process. Five to seven minutes is spent interviewing each candidate. The interview panel will evaluate the candidates' general knowledge, communication skills, clarity of thought and expression, and aptitude for a career in management in addition to focusing on their attitude and goals. 

IBS Bangalore Admission 2024 Dates

IBSAT is a remote proctored computer-based test (CBT) consisting of multiple-choice questions. Candidates with CAT/NMAT by GMAT/XAT/GMAT scores are exempted from writing the IBSAT 2024 Test. Students willing to apply for admission at IBS Bangalore through IBSAT can check the MBA admission schedule for 2024:

IBS Bangalore Scholarship 

• ICFAI Business School (IBS) has announced scholarship worth Rs. 10 crore for the top rank holders of IBSAT exam.
•  Candidates belonging to reserved categories, physically challenged, Wards of Defence Personnel are eligible to seek financial aid provided by the institution.
•  The institution aims to provide 500 merit based scholarships opportunities with assistance of INR 2 lakh for each deserving candidate.
• Students must clear the IBSAT exam with a good rank as the eligibility criteria to secure IBS scholarship scheme.

IBS Bangalore Placement 2024

During IBS Bangalore Placement 2024, the institution witnessed a placement rate of 93% by successfully placing the majority of its students in top companies with great placement packages. The institution witnessed an impressive international and national placement package of INR 13.50 LPA and INR 10 LPA respectively. Mandatory summer internship programme of 14 weeks has been provided to the students as part of curriculum to provide exposure to the industry of business and management. Many students often receive pre-placement offer till the end of their respective internships.