ICFAI Business School, Kolkata (IBS Kolkata), established in 1995, is part of the ICFAI Foundation for Higher Education (IFHE). The institute is also recognised as one of the best emerging business schools in the country. IBS Kolkata provides a PGPM course in Management and offers scholarships to meritorious students. The total course for the PGDM program is INR 9.09 L, and the highest package is INR 10 LPA.
The IBSAT 2025 application process began on July 1, 2025, for admission to various MBA/PGPM programs. ICFAI Business School (IBS) has opened the application window in both online and offline modes. The last date to apply is expected to be in the third week of December 2025. The IBSAT 2025 entrance test is scheduled to be held on December 27 and 28, 2025.
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IBS Kolkata Highlights 2025
Particulars | Statistics |
Established Year | 1995 |
Also Known As | IBS Kolkata |
Type | B-School |
Location | Salt Lake, Kolkata |
Courses offered | PGDM |
Fees | INR 9.09 L |
Scholarship | Yes |
Selection | IBSAT, CAT, NMAT |
Application Mode | Online |
Official Website | https://ibsindia.org/ibs-kolkata/ |
How To Reach |
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IBS Kolkata Fees 2025
IBS, Kolkata, offers only a Postgraduate Diploma in Management, and the total fee for the course is tabulated below -
Particulars | Fees |
PGDM Fees | INR 9,09,000 |
Caution Deposit | INR 10,000 |
IBS Kolkata Courses 2025
IBS Kolkata only provides PGDM courses, and details about it are given below:
IBS Kolkata Admission 2025
To apply for ICFAI Business School (IBS) Kolkata, here are the steps you can follow:
Particulars | Details |
Eligibility Check | Ensure to meet the eligibility criteria. For the PGDM program, students need a bachelor's degree with at least 50% aggregate marks. Also, if the graduation was not in English, students may need to provide TOEFL/IELTS scores. |
Entrance Exam | Students can apply through IBSAT (ICFAI Business School Aptitude Test) or submit scores from other recognized exams like CAT/NMAT/XAT/CUET-PG/GMAT. |
Application Form | To apply, first visit the official IBS admissions page. Then, fill out the application form with personal and academic details. Finally, pay the application fee of INR 1,800 via credit/debit card or net banking. |
Selection Process | Shortlisted candidates based on entrance exam scores will be invited for further rounds. |
IBSAT 2025 Eligibility Criteria – MBA/PGPM
Candidates must meet the following criteria to be eligible for IBSAT 2025:
IBSAT 2025 Application Form
The IBSAT 2025 application process officially began on July 1, 2025. Candidates interested in applying can complete the registration through both online and offline modes.
- Online Mode: The application form is available on the official IBSAT website.
- Offline Mode: Candidates can obtain the application form by purchasing it from designated IBS Marketing Branches.
While filling the form, applicants must enter:
- Personal details
- Academic qualifications
- Communication information
- Any other required data
Applicants must also upload a passport-sized photograph and a signature in the specified format.
Note: The university may or may not provide a correction window after form submission. Ensure all details are accurate before submitting your final work.
- The last date to apply is the third week of December 2025 (for online applications).
- It is strongly advised to review all filled details carefully before submitting the form.
- Don’t forget to take a printout of the completed application for future reference during the admission process.
IBS Kolkata Cutoff 2025
The cut-offs for the entrance exams for PGDM at IBS Kolkata is given below:
Entrance Exam | Cutoff |
CAT | 60 Percentile and Above |
NMAT | 150+ |
GMAT | 500+ |
XAT | 60 Percentile and Above |
IBS Kolkata Placements 2025
IBS Kolkata has a 99% placement rate for the year 2024. The maximum salary package was INR 10 LPA, and the average package was INR 6.7 LPA. Top companies, including Google, TCS, Wipro, Zomato, IHS Markit, and PwC, were the top recruiters.
Particulars | 2022 Placements | 2023 Placements | 2024 Placement |
Placement Percentage | 99% | 99% | 99% |
Average Salary | INR 7.11 LPA | INR 7.41 LPA | INR 6.7 LPA |
Highest domestic Salary | INR 22 LPA | INR 8.50 LPA | INR 10 LPA |
Top 10% Average Package | INR 14.12 LPA | INR 8.42 LPA | INR 8.77 LPA |
Top 25% Average Package | INR 10.41 LPA | INR 8.34 LPA | INT 8.43 LPA |
Recruiters | Wipro, Zomato, PwC etc | Google, Wipro, Zomato etc | Deloitte Consulting, Aditya Birla Capital, Axis Bank |
IBS Kolkata Scholarship 2025
IBS Kolkata offers scholarships worth INR 10 crores for top performers in IBSAT. Details about the scholarship are:
Particulars | Details |
Eligibility | Toppers in IBSAT. Physically challenged candidates. Wards of defense personnel, including those in service or retired from the Army, Airforce, Navy, and Paramilitary Forces. Wards of IBS alumni. |
Number of Scholarships | 500 scholarships distributed across IBS institutions |
Scholarship Amount | INR 2 lakhs per student Note: This amount is adjusted across the first and second-term installments of the program fee (Rs. 1 lakh each semester). |
Scholarships Based on Entrance Exam Scores
ICFAI Kolkata also provides INR 2 lakh scholarships based on scores in recognised entrance exams, such as CAT, NMAT, XAT, or GMAT. Details about scholarships based on entrance exams:
Test | Cutoff Score |
NMAT by GMAC | Top 100 candidates with a minimum score of 225 and above |
CAT | Top 75 candidates with a minimum score of 90 percentile and above |
GMAT | Top 25 candidates with a minimum score of 550 and above |
XAT | Top 25 candidates with a minimum score of 80 percentile and above |
IBS Kolkata Ranking 2025
The details of the ranking for IBS Kolkata is given below:
Ranking Agency | Details |
Education World | 62 All India Rank among top 100 Private B-Schools. |
Silicon India B-School Survey | Ranked 8th in A++ Category (All India) 2022 |
CHR-GHRBC B-School Survey | 1st Rank in Eminent B-Schools of Eminence 2022 |
Business Today | 108th All India |
Digital Mailers | 11th among Top New Generation B-Schools and 2nd among Zone wise |
Silicon India | 17th All India |
CSR GHRDC | 2nd in West Bengal and 4th in the Eastern Region among B-Schools of excellence |
Silicon India | 2nd in Eastern Zone |
IBS Kolkata Vs Praxis Business School
A detailed comparison between IBS Kolkata and Praxis Business School is given below -
Particulars | Campus Size | Fees (INR) | Placements (INR) |
Praxis Business School | 10 acre | 7.8 L | 9.8 LPA |
IBS Kolkata | 5 acres | 9.09 L | 6.7 LPA |
IBS Kolkata FAQs
Does IBS Kolkata offer scholarships?
Yes, IBS Kolkata offers scholarships based on IBSAT performance, other entrance exams, and eligibility categories such as physically challenged candidates or wards of defence personnel.
Is there an entrance exam for admission?
Yes, candidates can take the IBSAT exam or use scores from other recognised entrance exams, such as CAT, GMAT, XAT, or NMAT.
What is the highest package offered at IBS Kolkata?
The highest package offered at IBS Kolkata in 2024 was INR 10 LPA.
Who are some of the top recruiters at IBS Kolkata?
The top recruiters at IBS Kolkata are Google, TCS, Wipro, Zomato, IHS Markit, and PWC.
What programs are offered at IBS Kolkata?
IBS Kolkata offers a Post Graduate Program in Management (PGPM) in the Management stream.
What makes IBS Kolkata distinct from other business schools?
IBS Kolkata is ranked as the best-emerging business school in India. It is known for its industry-oriented curriculum, excellent placement record, and top-notch infrastructure designed to prepare students for dynamic professional environments.