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New Updates About ICFAI Business School (IBS) Gujarat, Ahmedabad
Table of Content
ICFAI Business School (IBS) Gujarat, Ahmedabad Highlights
New Update: IBS is giving the best platform to MBA aspirants in the form of the National Mock Test (NMT) 2025. This is free and will be given at a time when there are cash prizes as well. The winner will get Rs 1,00,000 and the second and the third one will get prizes worth Rs 50,000 and Rs 25,000 respectively. In addition, 97 participants will be rewarded with Rs 5,000 each.
The mock test is in the same pattern as IBSAT, i.e., 140 questions in 2 hours. Therefore, candidates get ample time to fine-tune their preparation for the test. The next date of the test is September 28, 2025. Registration will be free; the candidates can visit the IBSAT National Mock Test page to register.
For detailed information and registration, visit: IBSAT Mock Test.
IBS Ahmedabad was established in the year 1995. It has reached its present position of eminence by ensuring academic rigor, encouraging ongoing faculty and student development, and actively promoting industry interface. It has received approval from AICTE and UGC for the courses it offers.
The institute provides an MBA/PGPM program to students along with the development and enhancement of soft skills.
IBS Ahmedabad admission is done based on their valid score in the entrance exam conducted by the institution titled IBSAT. IBSAT is a Computer Based Test consisting of multiple-choice questions. IBS Ahmedabad also accepts valid scores of entrance exams like CAT, XAT, GMAT, etc. The last step comprises Micro Presentations and personal interviews based on which the final selection of aspirants is made.
IBS Ahmedabad placement cell brings the finest placement opportunities for students at both national and international levels. The highest international package acquired by the students of IBS Ahmedabad is INR 58.19 LPA. It has invited top companies to its campus for recruitment purposes, ensuring the ultimate boost to the careers of various students. Top recruiters of IBS Ahmedabad are Wipro, Zomato, Google, Oracle, Amul, etc.
IBS Ahmedabad Outline
IBS Ahmedabad is enriched with salient features that have been highlighted below:
| Particulars | Details |
| Type of Institute | Private |
| Establishment Year | 1995 |
| Approved | AICTE and UGC |
| Campuses | 99 |
| Exams Accepted | IBSAT, CAT, XAT, GMAT, etc. |
| Courses Offered | Postgraduate |
| Application Mode | Online |
| Highest Package | INR 21 LPA |
| Top Recruiters | Google, Oracle, Amul, etc. |
| Admission Helpline Number | 7961559100 |
| Official Website | https://ibsindia.org/ |
IBS Ahmedabad Courses
IBS Ahmedabad offers postgraduate courses to students in the field of management. Following are the key points associated with the program provided by IBS Ahmedabad:
| Courses | Specialization | Eligibility | Exam Accepted | Duration |
| MBA/PGPM | Post Graduate Program in Management | Graduation with 50% marks | IBSAT, CAT, XAT, etc. | 2 Years |
| PhD | Economics | Post-graduation in Economics with 55% marks | NELT/IELTS | 3 Years |
| PhD | Management | Post-graduation in Management with 55% marks | CAT, XAT, GMAT, etc. | 3 Years |
IBSAT 2025
IBSAT 2025 is a national-level management aptitude test for admission into the 2-year full-time MBA/PGPM programs offered at 9 IBS campuses across India.
IBSAT 2025 is an online test conducted by The ICFAI Foundation for Higher Education (The IFHE), Hyderabad — a Deemed University. With remote proctoring, it can be taken from the comfort of your home. The test assesses a candidate’s skills in Quantitative Techniques, Data Interpretation, Data Adequacy, Vocabulary, Analytical Reasoning, and Reading Comprehension.
Candidates with valid scores inCAT,NMAT by GMAC™,XAT, orGMAT™(from 2023 onwards) areexempted from takingIBSAT 2025.However taking IBSAT 2025 will make them eligible for the Rs 2 lakh scholarship. In both circumstances the candidates have to fill in the IBSAT 2025 application form to proceed further.
IBSAT 2025scores, as well as valid scores from the above national-level tests, are accepted for admission to the following programs:
MBA programat IBS Hyderabad, IBS Bangalore, IBS Dehradun, and IBS JaipurPGPM programat IBS Ahmedabad, IBS Gurgaon, IBS Kolkata, IBS Mumbai, and IBS PuneEligibility Criteria
MBA/PGPM – 2-Year Management Program
·Graduation (any discipline)with50% and above marks, with English as the medium of instruction.
· Applicants must have completedat least 15 years of education(10+2+3 or 10+2+4 basis).
· Candidates not meeting the English medium criterion must submitTOEFL/ NELT/ IELTSscores byMay 31, 2026.
·Final-year studentsare eligible to apply, provided they complete all graduation requirements (including practical exams, viva, assignments) beforeMay 31, 2026.
Admission will remainprovisionaluntil they submit required academic proof.
Last date for submissionof graduation documents:November 1, 2026.
Eligibility verification will begin fromAugust 2026. It is the candidate’s responsibility to ensure they meet all criteria.
ICFAI Business School (IBS) Gujarat, Ahmedabad Popular Courses
Average Fees
₹9,09,000
Highest Package
₹53 LPA
Admission 2025
View BrochureICFAI Business School (IBS) Gujarat, Ahmedabad Admission
IBS Ahmedabad is a part of the ICFAI Foundation for Higher Education, which currently provides a two-year, full-time Post Graduate Program in Management (PGPM). The minimum requirementto apply for IBS Ahmedabad's PGPM programis a bachelor's degree with 50% aggregate from an accredited university. In order to be admitted to the PGPM program, candidates must pass the IBSAT entrance exam, which is administered by the IBS group. IBS Ahmedabad also accepts a valid CAT, NMAT, or GMAT score for its PGPM admission. The entrance exam is followed by the Micro Presentation, Personal Interview, and Previous Academic Record for determination of final admission.
IBS Ahmedabad Admission Highlights
| Particulars | Details |
| Application Mode | Online |
| Institution Type | Private |
| Course Offered | PGPM |
| Entrance Exams Accepted | CAT / XAT / GMAT/ NMAT by GMAC/ IBSAT |
| Mode of Study | Full-Time, On-Campus |
| Application Status | Ongoing |
| Application Link | https://ibsindia.org/ibs-ahmedabad/ |
IBS Ahmedabad Admission: Entrance Exams Accepted
IBS Ahmedabad accepts valid scores of various competitive exams that have been highlighted and listed:
- IBSAT
- GMAT
- CAT
- XAT
- NMAT
IBS Ahmedabad Admission Eligibility
Candidates seeking admission to the ICFAI Business School (IBS), Ahmedabad, must fulfill the eligibility conditions specified by IBS. They must also submit all the valid documents. The course eligibility and selection criteria is listed in the following table:
| Name of the Course | Course Eligibility Criteria | Course Selection Criteria |
| PGPM | A Bachelor's Degree with at least 50% aggregate from a recognized university. | IBSAT/CAT/GMAT/NMAT by GMAC/XAT, followed by a GD and PI |
IBS Ahmedabad Admission Process
IBS Ahmedabad admission criteria includes the following steps that students must follow:
- Candidates willing to take admission to IBS Ahmedabad must visit the official website and fill in the application form online.
- Before filling up the application form, candidates must check the eligibility criteria of the particular course.
- Candidates are required to make the payment of the application fees to submit their candidature.
- The last step in the admission process will be a group discussion and personal interview.
- Final selection will be made based on their valid scores in entrance exams and their performance in group discussions and personal interviews.
Important Dates :
| Event | Dates |
|---|---|
| IBSAT 2025 Application | July 01, 2025; To: 3rd week of December 2025 |
| IBSAT 2025 Test Dates | Scheduled on 28-29, December 2025 |
| IBSAT 2025 Result | 1st week of January, 2026 |
| Selection Briefings | 2nd week of January, 2026 |
| Selection Process | MBA/PGPM Program: During February/March 2025 |
IBSAT Exam Pattern 2025
Section | Names of Sections | No. of Questions |
I | Verbal Ability | 50 |
II | Reading Comprehension | 30 |
III | Quantitative Aptitude | 30 |
IV | Data Adequacy and Data Interpretation | 30 |
Total | 140 | |
· Test Duration: 2 hours
· No negative marking
· No sectional time limits
· Syllabus is broadly aligned with other national-level management entrance exams
Selection Process
Candidates shortlisted based on their scores in IBSAT 2025, or through CAT, NMAT by GMAC™, XAT, or GMAT™ (from 2023 onwards), will be invited for the selection process starting in the second week of February, 2026.
The process includes two components:Micro PresentationandPersonal Interview.Micro Presentation
This part of the process is designed to assess a candidate’s ability to think on their feet, organize their thoughts, and communicate effectively. Candidates will get 1 minute to prepare and 3 minutes to speak on a general topic assigned at random.
Personal Interview
The interview lasts about 5 to 7 minutes and is conducted by a panel that evaluates the candidate’s attitude, clarity of thought, communication skills, awareness of current affairs, and overall readiness for a career in management.
Admission decision
Final selection is based on past academic performance, along with performance in the Micro Presentation and Personal Interview.
ICFAI Business School (IBS) Gujarat, Ahmedabad Cut Offs
IBS Ahmedabad accepts entrance-based admission to its PGPM Program. The first stage of the admission is determined by a cut-off. Candidates who wish to proceed to the final stage of the admission round must clear the cut-off mentioned by ICFAI IBS Ahmedabad. The institute releases separate cut-off lists for all the accepted exams (IBSAT, CMAT, NMAT, and more). These cut-off lists are released on their official website. Candidates who clear the cut-off are allowed to sit for the Group Discussion and Personal Interview. Here are the details of the latest cut-off scores released officially by IBS Ahmedabad:
IBS Ahmedabad CAT Cut-Off Percentile for PGPM | |
| VA-RC | 40 |
| DI-LR | 40 |
| Quants | 40 |
| Overall | 70 |
IBS Ahmedabad NMAT Cut-Off Percentile for PGPM | |
| Overall | 55 |
Note: The mentioned cut-off percentile is for the general category candidates. IBS Ahmedabad also releases a list of the reserved category candidates, where they appear to have certain relaxations in the overall percentile as per the government regulations.
ICFAI Business School (IBS) Gujarat, Ahmedabad Placement
IBS Ahmedabad placements have been great over the years with students placed at top firms such as Extramarks, Coca-Cola, BYJU’s, ICICI Bank, and more. Talking about the IBS Ahmedabad placement 2024, the highest and the average package offered to the students was INR 12 LPA and INR 7.79 LPA respectively. Additionally, 98% of candidates were placed during the IBS Ahmedabad placements in 2024, in companies like Wipro, Zomato, Thomson Reuters, Arrow Group, Google, Oracle, and others.
IBS Ahmedabad Placements 2024 key insights:
- The average package in 2024 increased by over 7% in comparison to 2023.
- The largest domestic package available in 2024 increased by around 45% when compared to 2023.
- There was no international package offered to the students this time.
IBS Ahmedabad Placement 2024 Highlights
| Particulars | Details |
| Highest Package | INR 12 LPA |
| Average Package | INR 7.79 LPA |
| Students Placed | 98% |
| Top Recruiters | Wipro, Zomato, Arrow Group |
| Top Sectors | Financial Services, Consulting |
IBS Ahmedabad Placement 2024 Top Recruiters
IBS Ahmedabad Top Recruiters 2024 | ||
| Wipro | Arrow Group | Coca-Cola |
| Zomato | Reliance | TCS |
| ICICI Bank | Thomson Reuters | HDFC Bank |
IBS Ahmedabad Placement Comparison
| Institute | Highest Package | Average Package | Students Placed |
| IBS Ahmedabad | INR 12 LPA | INR 7.79 LPA | 98% |
| IBS Kolkata | INR 10 LPA | INR 6.7 LPA | 99% |
| IBS Bangalore | INR 10 LPA | INR 7.41 LPA | 93% |
| IBS Hyderabad | INR 21 LPA | INR 9.71 LPA | 94% |
| IBS Pune | INR 12 LPA | INR 7.59 LPA | 99% |
| IBS Mumbai | INR 20 LPA | INR 8.03 LPA | 98% |
| IBS Jaipur | INR 10.5 LPA | INR 7.27 LPA | 99% |
| IBS Dehradun | INR 13 LPA | INR 6.53 LPA | 94% |
IBS Ahmedabad Average Package Comparison
| Years | Average Package |
| 2024 | INR 7.79 LPA |
| 2023 | INR 7.30 LPA |
| 2022 | INR 7.91 LPA |
| 2021 | INR 6.61 LPA |
· Placements consistently above94%across all campuses
·Highest International Package:₹41.40 lakh
·Highest National Package:₹22 lakh
·IBS Hyderabad Average Package:₹9.82 lakh
· For details:Placement Report
· 75,000+ alumni, 40% in senior roles, 10% in international positions
Top Recruiters
HDFC Bank
TCS
Reliance Industries Ltd.
Dexterity Business Analysis
Deloitte
Bharti Airtel
ICICI Securities
DCB Bank
Hindustan Coca-Cola
99acres.com
Aditya Birla Group
ICICI Securities
IndiaInfoline
India Bulls
Infoedge
ITC
Kotak Life Insurance
Asian Paints
Laitkor Solutions
Mccann Erickson
Nestle India
All Cargo
Bharti Airtel
axis bank
Colgate Palmolive India Ltd.
Cybernet Software Solution Ltd
Deloitte
Development & Credit Bank
Dexterity Business Analysis
Pipal Research
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Pepsico Holdings (I) Pvt. Ltd.
Radisson
Reliance Industries Ltd.
South Indian Bank
Divya Bhaskar
Doshi Ion Exchange & Chemical Industries Ltd.
Endeavor
Futures First
havells
TATA MOTORS
TATA AIG
HDFC Bank
Hindustan Coca-Cola
HSBC Bank
Zydus Cadila Ltd.
Vodafone
ICFAI Business School (IBS) Gujarat, Ahmedabad Scholarships
IBS Ahmedabad provides students with financial aid in the form of many scholarships. Scholarships for the IBSATare available from ICFAI Business School (IBS) to the top-scoring candidates in the test. Candidates in theMBA/PGPM program areeligible forthese scholarships. The purpose of these scholarships is to provide worthy applicants with financial support. Here is a detailed list of the scholarships and their eligibility criteria:
| Scholarships | Eligibility Criteria |
| Toppers of the IBSAT Exam | Candidates who secured top ranks in the IBSAT exam are eligible for this scholarship. |
| Wards of IBS Alumni | Children of IBS alumni applying for the MBA/PGPM program in IBS Ahmedabad can avail this scholarship. |
| Physically Challenged Candidates | Candidates in the PGPM with physical disabilities are eligible for this scholarship program. |
| Wards of Defence Personnel (In-service/retired) from Army, Airforce, Navy, and Paramilitary Forces | Children of Defence personnel are granted a special scholarship for the PGPM Program. |
Scholarships worth ₹10 crores
IBS offers merit-based scholarships for top performers in IBSAT 2025 (to be held on December 27–28, 2025).
Total 500 scholarships of ₹2 lakh each are planned for the Class of 2028. The amount will be adjusted—₹1 lakh each—against the first and second term program fee instalments.
Eligibility Categories
· Top rankers in IBSAT 2025
· Wards of IBS alumni
· Physically challenged candidates
· Wards of defence personnel (serving/retired from Army, Navy, Air Force, Paramilitary Forces)
Terms and Conditions
1. Candidates must appear and qualify in IBSAT 2025 (on December 27 or 28, 2025). 2. Admission formalities, including fee payment and registration, must be completed on time. 3. Scholarship amount will be adjusted against the program fee only.
4. If a student withdraws, the scholarship amount will be deducted before any applicable fee refund.
ICFAI Business School (IBS) Gujarat, Ahmedabad Infrastructure Details
Campus Highlights
· Over 30 years of experience in management education
· 9 campuses follow the same pedagogy—case-based learning and a 14-week industry internship
· Modern infrastructure with classrooms, libraries, labs, Bloomberg terminals, and SAP access
· Placements consistently above94%across all campuses
IBS Ahmedabad features a state-of-the-art campus that includes cafeterias, dormitories, a library, and classrooms. here are the key details of the IBS Ahmedabad Infrastructure:
- Well-equipped learning centers with Wi-Fi, LAN, and other features
- Moderncomputing facilities in a computer lab
- A website promoting communication and growth between teachers and students
- A library featuring over 21,000 books, 600 CDs, 71 magazines and journals, and access to numerous databases on management and related issues
Library Facility
Cafeteria
Computer Lab
Sports Facilities
ICFAI Business School (IBS) Gujarat, Ahmedabad Awards
The IBS Hyderabad campus has won this award three times from the Academy of Management's Critical Management Studies division.
The ICFAI Group received this award in 2021 from Brand Story.
CSR-GHRDC: Ranked in top 4th for business school of Eminence in 2021.
Silicon India B-School survey: Ranked 13th in the All India A++ category in 2021
The ICFAI University was named an Iconic University of India.
The IBS Hyderabad campus won three awards in 2019 from The Case Centre, a UK-based organization that recognizes excellence in case teaching and writing.
2012 in category of “B-School with excellent industry interfaceâ€
11th in ‘Emerging 40 Top B-Schools of Excellence’ & 2nd ‘Statewise’ in Gujarat by CSR â€" GHRDC
Bloomberg UTV B-School excellence award year
21st among Top 30 B-Schools and 8th in West zone â€" Silicon India
ICFAI Business School (IBS) Gujarat, Ahmedabad Faculty Details
IBS Ahmedabad Faculty Details
- Dr. Naresh Sharma
- Mrs. Pallavi Mittal
- Prof. Pranav Gosalia
- Dr. Nishant Agrawal
- Prof. Girishchandran Pillai
| Faculty Name | Faculty Photo |
|---|---|
|
Dr. Vivek Ranga, Position : Dean Speciality : N/A Education : N/A |
|
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Dr. Bharati K Thakar Position : Dean (Academics) Speciality : HRM Education : B.A., Diploma in HRM, LLB,MLW,Ph.D |
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Dr. Pankaj Madhani Position : Associate Dean Speciality : Finance & General Mgmt Education : B.E.(Chemical), LLB, MS (USA), PGDBM, MBA (USA), Ph.D |
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Prof.Toby Mammen Position : Faculty Member Speciality : Marketing Education : B.Sc (Hon.), MBA |
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Prof. Pranav Gosalia Position : Faculty Member Speciality : IT & Systems Education : B.Sc (Maths), PGDCA, MBA |
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Dr. Naresh Sharma Position : Associate Dean Speciality : Dr. Naresh Sharma: An Associate Dean who coordinates guest talks, industrial visits, and the Mount Abu leadership program Education : NA |
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Pranav Gosalia Position : An Associate Dean Speciality : Business Analytics Education : NA |
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Girishchandran Pillai Position : Professor Speciality : researcher and academician Education : NA |
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Student's Rating for ICFAI Business School (IBS) Gujarat, Ahmedabad
Frequently Asked Questions
What is the average salary offered to a graduate of IBS Ahmedabad?
Average salary offered to a graduate of IBS Ahmedabad is INR 6.40 LPA.
Who are the top recruiters of ICFAI Business School (IBS), Ahmedabad?
Some of the top recruiters of ICFAI Business School (IBS), Ahmedabad are ICICI Bank, Green Guava, Bizoneer consulting, Jaro Education, etc.
Which entrance exams are accepted by the IBS Ahmedabad?
IBS Ahmedabad accepts IBSAT/CAT/ NMAT by GMACTM/GMATTM/SNAP/XAT/MAT/CMAT/CET for admission in their programs.
What is IBS Ahmedabad MBA Fees?
IBS Ahmedabad MBA fees is INR 4.545 LPA.
What are the exams accepted at IBS Ahmedabad?
Exams accepted at IBS Ahmedabad are CAT, XAT, and IBSAT.
What is the mode of application at IBS Ahmedabad?
The mode of application at IBS Ahmedabad is online.
What is the highest placement package at IBS Ahmedabad?
The highest placement package at IBS Ahmedabad is INR 8.29 LPA.
What is the average package at IBS Ahmedabad?
The average package at IBS Ahmedabad is INR 7.30 LPA
Who are the top recruiters of IBS Ahmedabad?
Top recruiters of IBS Ahmedabad are ICICI Bank, HDFC Bank, Coca Cola, etc.
Is IBS Ahmedabad good for MBA?
The placement rate is more than 90%. Students get placed, and all students are placed according to their ability and CGPA. ICFAI Business School has good infrastructure, excellent faculty and good placements.
Is Icfai and IBS the same?
The ICFAI Business School Hyderabad (IBS Hyderabad) is a business school in India. It was founded in 1995 and is located in Dontanapalli, Shankarpally Road, Hyderabad. IBS Hyderabad is a constituent of the ICFAI Foundation for Higher Education (IFHE), a D
How to get admission in IBS Ahmedabad?
The overall cut-off percentile and section wise cut-off percentile obtained in the CAT exam for admission to the PGPM at IBS Ahmedabad is 70 and 40, respectively. Candidates based on their score/ percentile in IBSAT/ CAT/ GMAT/ NMAT exam will be selected
Is IBS a Tier 1 college?
ICFAI Business School (IBS), a constituent unit of IFHE is one of the top business schools in India.
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ICFAI Business School (IBS) Gujarat, Ahmedabad Videos
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Contact Details
Near GNFC Info Tower, Near Grand Bhagwati Hotel, Sarkhej Gandhinagar Highway, Bodakev
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