ICFAI Business School (IBS): Courses, Admission 2024, Placements, Ranking and Cut Off

Pune, Maharashtra | Private College

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ICFAI Business School (IBS), Pune: A Comprehensive Overview

Establsihed in 1995, ICFAI Business School (IBS), Pune, is part of the ICFAI Foundation for Higher Education, recognized by the University Grants Commission (UGC) as a deemed university. With a commitment to providing high-quality management education, IBS Pune has emerged as a leading institution in India.

Institution Overview

IBS Pune aims to transform students into competent and socially responsible business leaders. The institute’s focus on academic excellence is complemented by its state-of-the-art infrastructure and a strong emphasis on research and practical exposure. The faculty at IBS Pune comprises experienced academics and industry professionals who provide students with insights into real-world business challenges.

Key Highlights (2024)

Particulars

Details

Establishment Year

1995

Campus Size

Approximately 18 acres

Programs Offered

Post Graduate Program in Management (PGPM)

Ownership Type

Private

Accreditations

UGC recognized

Rankings

– Ranked 2nd among Top 40 B-Schools of Excellence by GHRDC

– Rated ‘A5’ by Business Standard

Academic Programs

  1. Post Graduate Program in Management (PGPM)
  • Duration: 2 years (full-time).
  • Overview: The PGPM is designed to provide students with a solid foundation in management principles, supplemented by practical training and exposure to the corporate world. The program covers various areas, including Marketing, Finance, Human Resources, and Operations.
  • Pedagogy: The teaching methodology includes case studies, group discussions, presentations, and hands-on projects, ensuring that students develop both theoretical knowledge and practical skills.
  • Batch Size: Approximately 600 students.
  • Total Fee: INR 12.75 lakh for the entire program.

  1. Executive MBA (EMBA)
  • Duration: 2 years (part-time).
  • Overview: The Executive MBA program is tailored for working professionals looking to enhance their leadership and managerial skills without interrupting their careers. It combines online learning with weekend classes.
  • Eligibility: Candidates must have a bachelor’s degree and at least 3 years of work experience.
  • Total Fee: INR 10.50 lakh for the entire program.

  1. Doctor of Philosophy (Ph.D.)
  • Duration: 3-5 years (full-time).
  • Overview: The Ph.D. program is designed for those interested in pursuing academic or research careers in management. It provides rigorous training in research methodologies and allows scholars to focus on their areas of interest within management studies.
  • Eligibility: A postgraduate degree with a minimum of 55% marks is required.
  • Total Fee: INR 3 lakh for the entire program, with a monthly stipend of INR 25,000 for selected candidates.

Campus and Infrastructure

IBS Pune’s campus is designed to provide an engaging and conducive learning environment, equipped with modern amenities to support students’ academic and personal development.

Key Features of the Campus

  • Academic Block: The academic block includes smart classrooms equipped with the latest technology to facilitate interactive learning. The classrooms support various teaching methodologies, including lectures, case discussions, and simulations.
  • Library: The IBS Pune library is a treasure trove of academic resources, housing over 15,000 books, national and international journals, and access to digital databases. It serves as a central hub for research and academic study.
  • Computer Labs: The institute provides modern computer labs with high-speed internet connectivity, enabling students to enhance their technical skills.
  • Sports Complex: The sports complex includes facilities for various indoor and outdoor sports, promoting physical fitness among students.
  • Cafeteria: The campus cafeteria serves a wide range of cuisines, catering to the diverse student body. The meals are nutritious and hygienically prepared, ensuring that students have access to healthy food options.

Collaborations and International Partnerships

IBS Pune emphasizes the importance of global exposure for its students and collaborates with several renowned institutions worldwide. These partnerships provide opportunities for student exchange programs, joint research initiatives, and internships.

Key International Collaborations

  • University of Edinburgh (UK): Collaboration for student exchange programs and joint research initiatives.
  • University of Illinois (USA): Offers international internships and research opportunities.
  • KEDGE Business School (France): Provides dual-degree programs and student exchanges.
  • ESCP Business School (France): Engages in faculty exchanges and collaborative research projects.

These partnerships enrich students’ understanding of global business trends and prepare them for leadership roles in multinational organizations.

Conclusion

In nearly three decades, ICFAI Business School (IBS), Pune, has established itself as a leading institution in management education in India. With a blend of innovative academic programs, robust infrastructure, and a strong focus on research and international collaborations, IBS Pune is well-equipped to shape the future of business education.

The institute’s commitment to nurturing socially responsible business leaders through rigorous academic training and industry exposure makes it an attractive destination for aspiring managers. As IBS Pune continues to grow, it is poised to play a significant role in transforming students into effective leaders capable of navigating the complexities of the modern business landscape.

Admission Process for 2024

The admission process at IBS Pune is competitive and designed to select candidates with strong academic backgrounds and leadership potential.

Eligibility Criteria

  • PGPM: Candidates must hold a bachelor’s degree in any discipline with at least 50% marks.
  • EMBA: A bachelor’s degree and a minimum of 3 years of work experience are required.
  • Ph.D.: A postgraduate degree with at least 55% marks is necessary.

Entrance Exams Accepted

  • IBSAT: The ICFAI Business School Aptitude Test is the primary entrance exam for admission.
  • Other Exams: CAT, NMAT, XAT, and GMAT scores are also accepted for PGPM admission.

Selection Process

  1. Application Submission: Candidates must fill out the online application form and pay the application fee of INR 1800.
  2. Entrance Exam: Candidates must take the IBSAT or submit scores from CAT, NMAT, XAT, or GMAT.
  3. Shortlisting: Based on entrance exam scores, shortlisted candidates will be invited for a Group Discussion (GD) and Personal Interview (PI).
  4. Final Admission: Admissions will be confirmed based on performance in the GD/PI and academic records.

Key Dates for Admission (2024)

Event

Date

IBSAT 2024 Application Start

July 1, 2024

IBSAT 2024 Exam Dates

December 28-29, 2024

IBSAT 2024 Results Announcement

January 1st week, 2025

Selection Process

February/March 2025

 Post Graduate Program in Management (PGPM) -IBS Pune: CAT percentile Cutoff (General All India)

Section

2022

2021

2020

Overall

70

70

70

Quants

40

40

40

VA-RC

40

40

40

DI-LR

40

40

40

 Post Graduate Program in Management (PGPM) -IBS Pune: IBSAT percentile Cutoff (General All India)

Course

Round 1

PGPM

55

Placement Statistics for 2024

IBS Pune has a strong placement record, achieving impressive placement rates over the years. For the academic year 2024, the placement statistics are as follows:

Particulars

Statistics (2024)

Highest Salary

INR 12 LPA

Average Salary

INR 7.59 LPA

Median Salary

INR 7.60 LPA

Top 10% Average Salary

INR 10.41 LPA

Placement Rate

99%

Number of Recruiters

204

Top Recruiters

ICICI Bank, Deloitte, PricewaterhouseCoopers, HCL Technologies, Aditya Birla Group

  

Sector-Wise Placements

Sector

Percentage of Placements

BFSI (Banking, Financial Services, Insurance)

35%

IT/ITES

25%

Consulting

20%

Manufacturing

10%

Retail

10%

Rankings Overview

IBS Pune has consistently improved its rankings in recent years, reflecting its commitment to academic excellence and student success.

Ranking Body

Category

Rank

GHRDC

Top 40 B-Schools of Excellence

2nd

Business Standard

Overall Rating

‘A5’

Digital Mailers

New Generation B-Schools

10th

ICFAI Business School (IBS) Gallery

Academic Center

Classroom

Library

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