IBSAT Colleges 2023: Know Colleges Who Accept IBSAT Score

IBSAT 2023 Colleges: The IBSAT 2023 exam score is accepted by more than 15 colleges. The ICFAI Aptitude Test consists of two sets of participating colleges. There are nine MBA colleges under ICFAI that accept IBSAT scores. There are six non-ICFAI-participating colleges that accept score of IBSAT 2023 exam.


The nine IBS campuses are located in Hyderabad, Bangalore, Pune, Mumbai, Gurgaon, Jaipur, Ahmedabad, Kolkata, and Dehradun. After the IBSAT 2023 exam has been conducted, candidates who have cleared the exam will be called for further rounds of the selection process.

 Aside from this, the further rounds include group discussion and a personal interview. Candidates who clear both processes will be granted admission into the various participating colleges.

ICFAI Participating Colleges in IBSAT 2023 

There are nine IBS colleges that accept IBSAT 2023 scores. The candidates who clear the exam are called for the next rounds of selection. The amount of weight given to various sections may vary. Candidates who clear out all the rounds are called for admission to the IBS institutes listed below.

IBSAT Colleges 2023

Name of Participating InstituteProgramme OfferedFee Structure
IBS JaipurMBARs. 6.03 lakh
IBS HyderabadBBA
Executive MBA
7.10 lakh
16.02 lakh
5.25 lakh
IBS DehradunMBARs. 6.03 lakh
IBS AhmedabadPGPMRs. 9.09 lakh
IBS PunePGPMRs. 9.09 lakh
IBS BangalorePGPMRs. 12.06 lakh
IBS MumbaiPGPMRs. 9.09 lakh
IBS GurgaonPGPMRs. 9.09 lakh
IBS KolkataPGPMRs. 9.09 lakh
IBSAT Accepting ICFAI Colleges: Courses and Fee

Non- ICFAI Participating Institutes 2023

Apart from colleges under ICFAI there are a few non- ICFAI colleges that accept IBSAT 2023 scores. To know more candidates can refer to the information given below. 

MBA college Accepting IBSATFee (in lakhs)
Adarsh Institute of Management and Information Technology (AIMIT), Bangalore5
GIBS Business School, Bangalore7.25
JK Business School, Gurgaon5.86
Manav Rachna International Institute of Research and Studies, Faridabad5.97
Vanguard Business School, Bangalore6.75
VYASA Business School Bangalore5.6
Non-ICFAI MBA colleges accepting IBSAT 2023

Other MBA Exams

Overview of IBSAT 2023 Colleges

Given below are a few points that will help candidates learn about the various participating institutes for IBSAT 2023.

  • IBS, or IBSAT, is a national-level entrance examination conducted by ICFAI for admissions into colleges under IBSAT.
  • IBSAT is a two-hour computer-based test (CBT) comprising multiple-choice questions.
  • IBSAT is a computer-based test that is generally conducted over a window of two days in December.
  • The IBSAT 2023 result will be declared after the exam has been conducted.
  • The cutoff list will come out after the result has been declared and the various colleges will start with further rounds of the selection process. 

IBSAT 2023 Selection Procedure  

The IBSAT 2023 selection process will begin after the results have been declared. Candidates who have been shortlisted will be called for further rounds of the selection process. The further rounds consist of a group discussion and a personal interview. After the various admission rounds, a final merit list is prepared, which contains the names of the selected candidates along with their overall performance in terms of marks. Candidates who are able to clear these two stages of the selection process will be admitted to any of the nine IBSAT colleges.

IBSAT 2023 Parameters and its Weightage

There are a few parameters that are taken into consideration while selecting candidates. The parameters play a crucial role as they may act as an advantage or disadvantage for various candidates. Candidates are required to be aware of the different parameters and the weightage they hold in the final rounds of selection. To learn more, refer to the information given below.


Candidate’s academic records
  • 10th-grade marks
  • 12th-grade marks
  • Graduation
Personal Interview        25%
Group Discussion        25%
Total       100%

Cutoff IBSAT 2023 (Expected)

The cutoff list will be released after all the rounds of selection have taken place. The cutoff for the IBSAT 2023 exam is dependent on various factors. the difficulty level of the exam, the number of candidates who have appeared for the exam, and the number of seats available with the various participating institutes. To know more about the IBSAT 2023 cutoff candidates, refer to the table given below.

Name of the InstituteIBSAT Expected Cutoff 2023
IBS Business School, Hyderabad71-75
IBS Business School, Mumbai68-70
IBS Business School, Bangalore64-66
IBS Business School, Pune60-64
IBS Business School, Dehradun54-58
IBS Business School, Gurgaon65-67
IBS Business School, Ahmedabad58-62
IBS Business School, Kolkata55-60
IBS Business School, Jaipur53-57

FAQs related to IBSAT Accepting Colleges 2023

  1. Do all these IBSAT participating institutes have same cutoff or different?

    No, all the colleges that come under IBSAT 2023 have a different cutoff. After the selection process has been completed, they release their own cutoff lists.

  2. What is the selection procedure for all the participating colleges?

    The selection process consists of two stages. The first stage consists of the IBSAT 2023 exam, and the second stage consists of the personal interview and group discussion process. Candidates who clear the IBSAT entrance exam are called for the next rounds of selection.

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