IBSAT 2024: Application Form, Exam Dates, Eligibility, Pattern

IBSAT 2024IBSAT 2024 Exam will be conducted via online mode. ICFAI Business School Aptitude Test (IBSAT) is conducted every year by Institute of Chartered Financial Analysts of India (ICFAI). This exam is conducted to test students ability in quantitate techniques, analytical reasoning, data interpretation, data adequacy, vocabulary and reading comprehension. IBSAT offers two full year programmes as MBA & PGPM. PGPM Program will be offered at 5 IBS campuses– IBS Ahmedabad, IBS Gurgaon, IBS Kolkata, IBS Mumbai, IBS Pune. MBA Program will be offered at 3 campuses – IBS Dehradun, IBS Jaipur & IBS Bangalore (Off Campus of IFHE Hyderabad). Candidates must check below article for details such as application form, exam dates, eligibility etc. regarding IBSAT 2024.

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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 tentative dates regarding IBSAT 2024:

EventsDates (Tentative)
Application Form Releases1st week of July 2023
Last Date to submit2nd week of December 2023
IBSAT 2024 Exam4th week of December 2023
Result4th week of December 2023
Briefing about Selection2nd week of January 2024
Selection Process3rd week of January 2024
Result for selection process2nd week of March 2024

IBSAT 2024 Application Form

Candidates must check following details regarding IBSAT 2024 Application Form:

  • IBSAT 2024 application form will be released from first week of July 2023.
  • Candidates will be able to submit the registration process till second week of December 2023.
  • While registration, candidates must not forget to upload passport size photograph & signature in prescribed format.
  • The application form will be made available via online & offline both modes.
  • For offline mode, candidates will have to purchase from IBS Marketing Branches, from the nearest branches.
  • There will be common application form for MBA/ PGPM programmes at different campuses.
  • All communication details will be 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 will be paid via online & offline both modes.
  • For online mode, credit card, debit card or net banking method will be used.
  • Candidates will be able to make payment directly through an IBS centre for offline mode.
  • IBSAT 2024 registration fee will be Rs. 1800/-.
  • In any case, fee will be 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).
  • TOEFL/ NELT/ IELTS score will be required for those not meeting the eligibility criteria for English medium in graduation.
  • 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 Proctored Home 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.

Check no.of questions as subject wise:

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

IBSAT 2024 Syllabus

The IBSAT syllabus will 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.

Frequently Asked Questions (FAQ’s)

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

Answer: The application fee will be 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 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 will 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.

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 in last week of December 2023. 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 will be released at each campus separately. Cut off marks are the minimum marks one have to score to meet the requirement for further process.

One who will score minimum cut off marks will further have to participate in Group Discussion & Selection Process rounds (GD & PI rounds).

IBSAT Campus Fee Structure

Check fee structure for each campus (as per last year) here:

CampusFee (2 year)
IBS Hyderabad16,02,000/-
IBS Bangalore (Off Campus of IFHE)12,06,000/-
IBS Ahmedabad

IBS Pune

IBS Kolkata

IBS Mumbai

IBS Gurgaon

IBS Dehradun

IBS Jaipur


IBSAT 2024 Selection Process

The selection process for IBSAT 2024 will start from February 2024. Candidates who will qualify on the basis of IBSAT/ GMAT/ XAT/ CAT NMAT by GMAC will be considered in the selection process.

It will be comprises of Group Discussion & Personal Interview (GD & PI) rounds. For final selection, past academic records & performance of candidates in GD, PI will be considered.

IBSAT 2024 Counselling

IBSAT 2024 Counselling Procedure will be held via online mode. Candidates who will be shortlisted in GD & PI sessions will be selected for admission procedures. 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

Participating Institutes

Check below for participating institutes of IBSAT exam:

  • IBS Ahmedabad
  • IBS Gurgaon
  • IBS Dehradun
  • IBS Bengaluru
  • IBS Gurgaon
  • IBS Jaipur
  • IBS Kolkata

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

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