IBSAT 2024: Application Form (out), Eligibility Criteria, Important Dates, Exam Pattern

The Institute of Chartered Financial Analysts of India (ICFAI) Foundation for Higher Education is responsible for conducting IBSAT every year. It is a national-level entrance exam conducted for admission to MBA/PGPM courses.

IBSAT Scores are accepted by nine ICFAI Business Schools (IBS) namely IBS Hyderabad, IBS Bengaluru, IBS Mumbai, IBS Pune, IBS Jaipur, IBS Kolkata, IBS Gurgaon, IBS Ahmedabad, and IBS Dehradun.

IBSAT is a 2-hour computer-based test that is commonly held over a window of two days in December. Aspirants who want to get enrolled in the MBA and PGDM courses of 9 IBS campuses should apply for IBSAT 2024 exam as per the schedule.

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Admission will be based on a selection briefing round followed by Group Discussion (GD) and Personal Interview (PI) rounds. Candidates can check the complete details on the IBSAT exam 2024 from the article below.

Latest: IBSAT 2023 application form has been released now, candidates can apply till 16th December 2023.

IBSAT Exam Dates 2024

The tentative schedule for IBSAT 2023 is listed below.

Availability of application form1st July 2023
Last date for application submission16th December 2023
Date of exam4th week of December 2023
Announcement of resultTo be updated
Briefing about selectionTo be updated
Selection processTo be updated
Declaration of the selection processTo be updated

Eligibility Criteria

Candidates must satisfy the eligibility criteria as prescribed by the conducting body before applying for the exam. The details regarding eligibility criteria are mentioned below.

Candidates should hold a bachelor’s degree or equivalent examination in any stream with at least 50% marks.

Candidates who are appearing in the final year of graduation are also eligible to apply.

TOEFL/ NELT/ IELTS scores are mandatory for those are not meeting the eligibility criteria for English medium in graduation.

Candidates with a valid CAT, GMAT, or NMAT are eligible to apply for direct admission.

IBSAT Application form

It has been notified that the IBSAT 2024 Application is available fro 3rd July 2023. The authority will release the application form in online as well as offline mode. Eligible candidates should submit their application form before the due date.

For online application mode, the candidates need to visit the official website of authority and apply for the exam. For offline application, candidates will have to purchase from IBS Marketing Branches, from the nearest branches.

Candidates will have to complete the registration process by giving details contact number, name, email ID etc. Communication of details will be made through a registered email or contact number. Therefore, it must be valid.

The candidate will have to upload a passport size photograph and signature as per the prescribed format. After completing the form, candidates should take the printout of the form for future use.

Application Fee

Candidates have to pay Rs 1800/- as an important application fee. Payment of fee can be made via online & offline modes.

Exam Pattern

Candidates can check the details regarding IBSAT 2024 examination pattern from the table below.

Mode of testProctored Home-Based Test
Duration of exam2 hours
Questions typeMultiple choice Question (MCQs)
Total questions140

Subject-wise weightage of questions

Quantitative aptitude30
Reading compression30
Data adequacy and data interpretation30
Verbal ability50

IBSAT Syllabus 2024

To achieve a better rank in the exam applicants must know the important topics for IBSAT exam. The syllabus of IBSAT will include several topics from five different subjects namely Verbal Ability, Quantitative Aptitude, Data Interpretation and Data Adequacy and Analytical Reasoning and Reading Comprehension.  A few topics from different subjects are provided below.

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

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IBSAT 2024 Admit card

Authorities will release the IBSAT admit card in online mode only. IBSAT admit card will be available after the slot booking process. IBSAT Hall ticket will comprise details like the candidate’s name, roll number, exam timing, and other instructions.

IBSAT Result 2024

The authority will release the IBSAT Result 2024 via online mode. To download the IBSAT scorecard, candidates need to provide their roll number & password in the given fields. Based on the score secured by candidates in the exam, they will be called for group discussion and personal interview rounds.


After the announcement of result, candidates will be able to check their IBSAT cut-off on the official website of the authority. Each IBS campus will release a separate cut-off. Cut-off will be decided after considering various factors such as the difficulty level of the exam, previous cut-off trends, total number of test takers, availability of seats etc.  

IBSAT Counselling 2024

The process of counselling will be conducted via online mode. Candidates who successfully qualify in group discussion and personal interview rounds will be considered for the admission process. During the counselling, candidates have to bring some required documents such as 10& 12th passing certificate, migration certificate, IBSAT Scorecard, IBSAT Admit card, NMAT/CAT/CMAT/scorecard etc

IBSAT contact details

IBS Admission Office

Plot No. 65, Nagarjuna Hills

Punjagutta, Hyderabad, Telangana (500082)

Contact number- 040 – 23440963, Toll-Free: 1800 425 55 66 77

E-mail address: ibsat@ibsindia.org


IS IBSAT a good option for MBA?

Yes, the placement opportunities for all IBS institutes are excellent.

Is IBSAT difficult to crack?

IBSAT is relatively easier than other management entrance exams like the MAT, CAT, or CMAT.

Which IBS campus has the best placement?

IBS Jaipur is considered one of the top B-Schools in India.

What is the medium of IBSAT paper?

The paper will be conducted in English language only.

Which are the highly recommended books for IBSAT?

Some of the best books for IBSAT 2024 are Mathematics for MBA entrance exam by RS Aggarwal, Objective English for Competitive Examination by Thorpe, Quantitative Aptitude for MBA Entrance Examination by Abhijit Guha, Verbal Ability Guide for CAT by PT Education Ltd, Data Interpretation MBA Entrance by Jaiswal.

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