IBSAT 2024: Application Form (Released), Dates, Eligibility, Pattern

IBSAT 2024 Registration has been started through online mode. ICFAI Business School Aptitude Test (IBSAT) is conducted every year by Institute of Chartered Financial Analysts of India (ICFAI).

Is IBSAT 2024 Registration started? Yes, Check application form details…

IBSAT Exam Date || IBSAT Application Form 

It is a proctored online aptitude test conducted by the ICFAI Foundation of Higher Education Hyderabad (a deemed-to-be University under Section 3 of the UGC Act, 1956)

IBSAT 2024

This exam is conducted to test students ability in quantitate techniques, analytical reasoning, data interpretation, data adequacy, vocabulary and reading comprehension.

The ICFAI Foundation, accept scores from IBSAT 2024 and alternatively the scores of CAT/NMAT by GMAC™/XAT/GMAT™ (from 2022 onwards) for admission to the following programs:

  • MBA program offered by IBS Hyderabad, IBS Bangalore, IBS Dehradun and IBS Jaipur.
  • PGPM (Post Graduate Program in Management) program offered by IBS Ahmedabad, IBS Gurgaon, IBS Kolkata, IBS Mumbai and IBS Pune.

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IBSAT 2024 Notifications – Application Released

newiconIBSAT 2024 Registration has been started through online mode. Check here for application details.

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Candidates must check below article for details such as result, selection process regarding IBSAT 2024.

IBSAT 2024 Overview

Exam NameICFAI Business School Aptitude Test (IBSAT)
Conducting AuthorityICFAI Foundation for Higher Education
Exam CategoryPost Graduate
LevelUniversity level
Type of QuestionsObjective Type (MCQs)
Courses AvailableMBA, PGPM

IBSAT 2024 Exam Dates

Candidates must check following official dates regarding IBSAT 2024:

EventsDates (Announced)
Application Form Releases1st July 2024
Last Date to submit3rd week of December 2024
Slot booking/ Admit card availabilityafter successful registration
IBSAT 2024 Exam28-29 December 2024
Result1st week of January 2025
Selection Process2nd week of January 2025
Result for selection process2nd week of March 2025

IBSAT 2024 Application Form

Candidates must check following details regarding IBSAT 2024 Application Form:

  • IBSAT 2024 Application Form has been released from 1st July 2024.
  • Candidates can submit the registration process till December 2024.
  • While registration, candidates must not forget to upload passport size photograph & signature in prescribed format.
  • The application form is made available via online & offline both modes.
  • For offline mode, candidates have to purchase from IBS Marketing Branches, from the nearest branches.
  • There are common application form for MBA/ PGPM programmes at different campuses.
  • All communication details are sent to candidate’s registered mail ID & number. So, it must be valid/ working.
  • Once all details are completely filled, one must not forget to take its printout for future use.

Application Fee:

  • Application fee can be be paid via online & offline both modes.
  • For online mode, credit card, debit card or net banking method is used.
  • Candidates can make payment directly through an IBS centre for offline mode.
  • IBSAT 2024 registration fee is Rs. 1800/-.
  • In any case, fee is non-transferrable.

IBSAT 2024 Eligibility Criteria

Candidates must check following eligibility criteria before applying for IBSAT 2024:

  • Qualification: Applying candidates must have qualified graduation with English medium.
  • One must have completed minimum 15 years of education (10+2+3 or 10+2+4 basis).
  • Candidates not meeting eligibility criteria of English medium in graduation have to submit TOEFL/ NELT/ IELTS score by 31st May 2025.
  • Percentage: He/ she must have scored at least 50% or above marks to be eligible for same.
  • Appearing: Candidates appearing in their final year of graduation are also eligible to apply.

IBSAT 2024 Exam Pattern

Check following details regarding IBSAT 2024 Exam Pattern:

  • Exam Mode: It will be held through online (Remote Proctored Computer Based Test).
  • Exam Duration: Total of 2 hours will be given to solve the exam.
  • Language: English language questions will be asked in the exam.
  • Questions Types : There will be Multiple choice Question (MCQs) in the question paper.
  • Total Questions: There will be total of 140 Questions in 4 different section.
  • Scores: Scores from 2022 onwards of GMAT/CAT/ NMAT by GMAC/ XAT will be also accepted.

Check no.of questions as subject wise:

SubjectsNumber of Question
Quantitative aptitude30
Reading compression30
Data adequacy and data interpretation30
Verbal ability50
Total140

IBSAT 2024 Syllabus

The IBSAT syllabus includes various topics from subjects which are decided by the conducting body. There are 5 different sections in the question paper as Quantitative Aptitude, Verbal Ability, Data Interpretation and Data Adequacy and Analytical Reasoning and Reading Comprehension.

The IBSAT syllabus will be as as given below:

  • Quantitative Aptitude: Arithmetic Progression, Installment Payment, Profit and Loss, Venn Diagram, Algebra, Coordinate Geometry
  • Data Adequacy and Data Interpretation: Linear Arrangement, Data Interpretation based on Graphs and Tables, Causes and Effects and Visual Reasoning
  • Verbal Ability: Uses of the same word, word substitution, Fill in the blanks, Syllogism, Odd man out, Jumbled Paragraphs

IBSAT Preparation Tips

Check following tricks while studying for IBSAT exam:

  • Make short notes & study on regular basis.
  • Check complete exam pattern & syllabus.
  • Practice previous year question papers.
  • Solve mock test
  • Do not get panic. Allot at-least 8 hours for sleep.
  • Keep practicing yoga & meditation for good concentration.

IBSAT 2024 Admit Card

IBSAT 2024 admit card will be issued by authority. It will be made available via online mode. to get admit card, candidates have to enter their login details. Hall Ticket will be released during slot booking process only.

It consists of all details such as candidate’s name, exam name, roll number. exam timing & other exam instructions. No candidates will be allowed to permit for examination without valid admit card & one ID proof.

Frequently Asked Questions (FAQ’s)

Answer: There is no age limit to apply for IBSAT 2024, so you are eligible for the same.

Answer: The application fee is Rs. 1800/- for each category candidates.
Answer: One will receive a scratch card containing the application number & password on purchase of offline mode.
Answer: One must apply through scores from 2020 onwards of IBSAT, CAT, NMAT by GMAC & various other State Level Tests.
Answer: No, IBSAT 2024 question paper will be available only in English medium language.
Answer: Candidates are expected to carry their own laptops when reporting at campus.
Answer: Authority may or may not provide any correction facility. So, you are advised to fill the form carefully.
Answer: Admission fee of Rs. 80,000/- will be submitted by selected candidates only.
Answer: While logging in, there will be an option of “forgot password” from there you will be be able to change your pw.

IBSAT 2024 Result

Candidates will be able to download IBSAT 2024 Result via online mode. No candidates will get it via post or any other medium. Candidates will have to enter their roll number & password to get result.

The result will be announced on second week of March 2024. A combined merit list will be published with a category-wise merit list for all the candidates participating in the examination.

IBSAT 2024 Cut Off

Candidates will be able to check IBSAT 2024 Cut Off after result declaration. Cut off criteria is released at each campus separately. Cut off marks will be the minimum marks one have to score to meet the requirement for further process.

One who score minimum cut off marks will further have to participate in Micro Presentation and personal interview rounds.

IBSAT Campus Fee Structure

Check fee structure for each campus here:

CampusFee (2 year)
IBS Hyderabad17,01,000/-
IBS Bangalore (Off Campus of IFHE)13,05,000/-
IBS Ahmedabad

IBS Pune

IBS Kolkata

IBS Mumbai

IBS Gurgaon

9,09,000/-
IBS Dehradun7,02,000/-
IBS Jaipur8,01,000/-

IBSAT 2024 Selection Process

The selection process for IBSAT 2024 will be started from February 2025. Candidates who qualifies on the basis of IBSAT/ GMAT™/ XAT/ CAT NMAT by GMAC™ will be considered in the selection process. For final selection, past academic performance, micro presentation & PI will be considered.

The detailed personal letters with the Form, IBS Placement Brochure, Selection process and Travel information to IBS Hyderabad are dispatched to all the qualified students, expected to receive in the next two days.

Selection briefing will be done for qualified candidates in 60 cities across the country. It will include Micro Presentation & Personal Interview.

  • Micro Presentation – Selection process is a brief talk or presentation where candidates demonstrate their communication, presentation skills, and ability to think quickly on their feet.
    Candidates will have the opportunity to select one topic out of three. The format allows for 4 minutes in total: 1 minute for preparation and 3 minutes for delivering the presentation.
  • Personal Interview: In this round, each candidate will be interviewed for 5-7 minutes. The interview panel will focus on assessing the attitude and aspirations of the candidates besides evaluating their General Knowledge, communication skills, clarity of thought and expression, as well as aptitude for a career in management.

IBSAT 2024 Counselling

IBSAT 2024 Counselling Procedure will be held via online mode. Candidates who will be shortlisted in merit list have to attend the Micro Presentation and personal interview rounds.

The following documents will be required at the time of verification:

  • 10th and 12th mark sheet and certificate
  • Migration certificate
  • Transfer certificate
  • Character certificate (if required)
  • IBSAT 2024 Admit card
  • IBSAT 2024 Scorecard
  • CMAT/ NMAT/ GMAC/ CAT scorecard
  • Multiple Passport size photograph

IBSAT Scholarships

ICFAI Business School (IBS) is pleased to announce scholarships worth Rs 10 Crores exclusively for top performers in the IBSAT 2024 exam, scheduled on 28th December 2024 to 29th December 2024.

Eligibility Criteria

  • For Toppers in IBSAT Candidates who secure top ranks in IBSAT 2024
  • For Wards of IBS Alumni
  • For Physically Challenged Candidates
  • For Wards of Defence Personnel (In-service/retired) from Army, Airforce, Navy, and Paramilitary Forces.

For the class of 2027 to deserving candidates falling under the aforementioned categories, IBS aims to award 500 merit scholarships. The amount of each scholarship is Rs 2 lakh per candidate, with the flexibility of adjusting Rs 1 lakh each in the first and second term installments against the program fee.

Terms and Conditions for Scholarships

To avail the prestigious scholarships, applicants must fulfill the following terms and conditions:

  • Eligibility: Scholarships will be offered only to those applicants who have appeared for the IBSAT-2024 test scheduled on 28th December 2024 & 29th December 2024 and have successfully qualified.
  • Admission and Registration: Applicants must complete the admission process, register on the specified date, and pay the Requisite admission fee to be eligible for the scholarship.
  • Applicability: The amount of scholarship awarded to candidates will be adjusted solely against the program fee and payment will not be utilized for any other purposes or fees.

Withdrawal Policy: In case student withdrawal from the program for any reason, any applicable fee refunds will be calculated after deducting the scholarship sum granted earlier.

IBSAT Campuses

Here we have provided all 9 campuses with their admission & program fee:

CampusAdmission FeeProgram Fee
IBS HyderabadRs. 80,000Rs. 16,21,000
IBS AhmedabadRs. 8,29,000
IBS GurgaonRs. 8,29,000
IBS DehradunRs. 6,22,000
IBS BengaluruRs. 12,25,000
IBS JaipurRs. 7,21,000
IBS MumbaiRs. 8,29,000
IBS KolkataRs. 8,29,000
IBS PuneRs. 8,29,000

Students must know that final selection is based on past academic record and performance of the candidates in Micro Presentation & PI.

If you have any other query related IBSAT 2024, you can ask by leaving your comment in the comment box below.

3 Comments

  1. Expression of Interest to pursue studies at IBS. Kindly forward to me Application Form 2024.Once completed will revert for registration process.

    Regards.
    Opaing

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