What is the fee for MBA at IBS Kolkata?

ICFAI Business School Kolkata offers PGPM programme. The mode of education for the course is full-time, with the duration of two years, candidates must meet minimum eligibility criteria i.e., graduated with 50% marks in English medium and completed at least 15 years of regular education. The total tuition fee of the respective course is mentioned below: Course Total Tuition Fees MBA/PGDM INR 9.1 Lakh

What is the application process of IBS Kolkata?

For IBS Kolkata application process, candidates need to apply online for registration, through the official website of ICFAI Business School Kolkata. Here are certain steps for your convenience for the application process: Step 1: Visit the official page, click register yourself, and verify your email and contact details. Step 2: Candidates are required to fill out the application form with their academic and personal details. Step 3: Fill your entrance exam score/rank and select the program. Step 4: Pay the registration fee of INR 1800 through a credit/debit card or net banking and submit the application form with the required documents. Step 5: Successful completion of registration the candidate will be provided with the unique ID and Password to login in later for the update and print of the application form. Step 6: Forms can be collected from the IBS Kolkata campus as well.

Can I get direct admission at ICFAI Business School Kolkata?

Candidates seeking admission at ICFAI Business School Kolkata should appear for entrance exams such as CAT, XAT, IBSAT, NMAT and require a valid score/rank for getting admission at ICFAI Business School. The admission is based on registration. For the application process, candidates need to apply online for registration, through the official website of ICFAI Business School Kolkata.

Can I get ICFAI Business School Kolkata, MBA with 88% in XAT?

Yes, 88% in XAT is stong for you to get admission to the MBA programme at ICFAI Business School Kolkata (IBS Kolkata). The MBA program's specialisations may differ slightly in terms of competition level and cutoff scores. IBS doesn't specify any XAT cutoff points, however for a comprehensive assessment, results from other recognised tests, like as the CAT or GMAT, may also be taken into account. The quality of your essays, supporting papers, and application form may be taken into consideration during the choosing procedure. Candidates who have been shortlisted must do well in the stages of the written aptitude test (WAT), group discussion (GD), and personal interview (PI). If your XAT score was 88%, you stand a very good chance of being admitted to the MBA programme at IBS Kolkata.

What are the fees for MBA programmes at ICFAI Business School Kolkata?

The total fee for the MBA/PGDM program at ICFAI Business School Kolkata is around INR 9.1 lakhs for the academic year 2023. The fee can be paid in installments across all the campuses. The living expenses are extra and not included in the fee structure. Students have to pay a refundable caution deposit of INR 10,000 along with the first installment of the fee across all campuses.

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ICFAI Business School (IBS), Kolkata Fee Structure
IBS Kolkata Student reviews
IBS Kolkata Admission FAQs

ICFAI Business School (IBS), Kolkata Fee Structure

The ICFAI Business School (IBS), Kolkata fee structure is cumulative of multiple components, such as tuition fees, admission/registration fees, refundable deposits, etc. Candidates have to pay the fee or prescribed admission fee for seat confirmation. Mentioned below is the ICFAI Business School (IBS), Kolkata fees breakup for the offered programme:

Course Name	One-Time Fee	Tuition Fee	Hostel Fee
MBA/PGDM	INR 1,800	INR 9,09,000	NA

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Commonly asked questions
On Fees Breakdown

Q: What is the fee for various courses at ICFAI Business School Kolkata?

Approximately INR 9,09,000. is the cost of the two-year Post Graduate Programme in Management (PGPM). For the two-year MBA programme, about INR 10,20,000 will be needed. For a one-year programme, the PGDIB would set you back about INR 7,14,000.

You will be need to pay a refundable caution deposit of INR 10,000 in addition to the first installment of the programme price.Students are required to pay a convocation cost of INR 4,000 in addition to the fifth installment of programme fees. For information on the whole range of postgraduate courses offered by IBS Kolkata, including their durations and fees, see the official IBS website.

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Q: Which college has a higher tuition fee among IBS Kolkata, IBS Pune and IBS Bangalore?

If we compare the tuition fees of IBS Kolkata, IBS Pune, and IBS Bangalore, Kolkata and Pune have a similar tuition fees of INR 9.09 lakh, whereas IBS Bangalore has a higher tuition fees out of three of INR 12.06 lakh.

If we compare the highest salary package offered during placements in 2023 of the three colleges, IBS Pune secured the highest salary package of INR 12 LPA while the highest salary package offered in IBS Kolkata and IBS Bangalore is INR 10 LPA. Thus, IBS Bangalore does not enjoy a good return on investment as IBS Kolkata and IBS Pune do.

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Q: How much does MBA at ICFAI Business School Kolkata cost?

The cost of a two-year Master of Business Administration (MBA) programme is approximately INR 10,20,000. Depending on the specialisation selected, fees within programme types may vary slightly. For instance, the costs for some MBA specialisations, such as marketing or finance, may be marginally more than for general management.

The initial installment of the programme fee and a refundable caution deposit of INR 10,000 are required to be paid. Along with the fifth installment of the programme cost, students must also pay a convocation fee of INR 4,000. The most recent cost details for all programmes and specialisations can be found on the official website.

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Q: How costly is ICFAI Business School Kolkata?

It is thought to be more expensive to attend IBS Kolkata. Approximately INR 10,20,000 is required for a two-year MBA. Approximately INR 9,09,000 is required for the two-year PGPM programme. The cost of a one-year PGDM programme is approximately INR 6,81,000. Depending on the specialisation selected, fees within programme types may vary slightly. For instance, the cost of some MBA specialisations, such as marketing or finance, may be somewhat higher than that of general management.

10,000 INR, paid with the program's initial installment. INR 4,000, which was covered by the programme fee's fifth installment. Prices change based on lifestyle and type of lodging selected. Take into account the cost of meals, transportation, personal necessities, etc. For the most recent fee information, see the official website of IBS Kolkata.

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IBS Kolkata
Students Ratings & Reviews

4/5

40 Verified Reviews Info Icon

4-5
19
3-4
17
2-3
2
1-2
2

Placements4

Infrastructure3.7

Faculty & Course4.5

Campus Life3.9

Value for Money4

What students say about ICFAI Business School (IBS), Kolkata

Placements

Infrastructure

Faculty

Other

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Other renowned companies like ITC, Byju's, Deloitte, Aditya Birla, etc., also visit our campus for placements.

Based on 21 Reviews

Shatadal Adak Verified Icon

Post Graduate Program in Management (PGPM) - Batch of 2024

5Placements5Infrastructure5Faculty5Crowd & Campus Life5Value for Money

One of the best colleges in terms of placement and with great faculty members.

Placements: Placement in your college is very good; almost all the students get placed. The highest package was INR 10–11 LPA, the average was INR 6-7 LPA, and the lowest was INR 4-5 LPA. Top recruiters include Deloitte, PWC, ICICI Bank, and HDFC Bank. All students got internships from the college. Roles for job offers are tax associate, consultant, sales associate, business analyst, relationship manager, and market researcher.

Infrastructure: The college has centralized air conditioning, a lift, a computer lab, a library, a table tennis room, and carrom boards. There was no hostel facility provided in the college, but they will offer assistance with PG accommodation. The food served in the canteen is healthy and at a low cost.

Faculty: Faculty members are always there to help students; they are very helpful and provide proper guidance to each student. Teaching quality is great; all the faculty members are qualified with proper corporate experience. This course curriculum is relevant, and it will provide all the knowledge that is required to be ready for corporate life. Difficulty in semester exams is moderate.

Reviewed on 22 Sep 2023Read More

Anubhav kanu Verified Icon

Post Graduate Program in Management (PGPM) - Batch of 2025

4.6

5Placements4Infrastructure5Faculty4Crowd & Campus Life5Value for Money

Our college is a great choice for students.

Placements: Our college provides good placements. Almost 99% of students got placed in the best companies. The best consulting firms visit our campus for recruitment. Deloitte, E&Y, PWC, ICICI Bank, HDFC Bank, etc., visit our campus for the placement process.

Infrastructure: The infrastructure of our college is good. We have well-equipped air-conditioned smart classrooms, Wi-Fi, a very good library, and a canteen with very good food.

Faculty: The curriculum, alumni network, and teaching methods prepare us for the corporate world. Faculty members are very good. They provide 100% support to students. They guide students throughout the academic year. The course includes the case study pattern, which is quite interesting. It makes students industry-ready.

Other: I chose this college because it provides good placements. Our college organises various sports events from time to time such as cricket league, football tournaments, etc.

Reviewed on 21 Sep 2023Read More

Debjani Choudhury Verified Icon

Post Graduate Program in Management (PGPM) - Batch of 2021

4Placements4Infrastructure4Faculty4Crowd & Campus Life4Value for Money

PGPM course in ICFAI Business School, Kolkata.

Placements: 86% of students got placed. The highest package was around 6 Lacs and the lowest package was around 3 Lacs. The average package was around 4.5 Lacs. Deloitte, PWC, ICICI bank, HDFC life, SBI life, franchise India, Byjus. All the students got internships from the college during the course. Sales, Associate, Relationship Manager, Executive, Business Development, Market Research.

Infrastructure: The college has centralised air conditioning, lift, medical services, computer club, well-equipped library, Wi-Fi classroom, smart class. There was no hostel facility provided in the college, outside students has to stay in nearby PG or flats. Chess board and carrom boards are available.

Faculty: Yes, the teachers are very helpful and provide proper guidance to each student. Faculty members are qualified and with proper corporate experience, they are knowledgeable and train every student to be ready for corporate culture. Yes the curriculum is relevant, updated and up to the mark. Yes it provide all the knowledge which is required to be ready for corporate exposure. It is moderately difficult. The passing % is 40. But for placement purpose you need to have 60%in all the semester.

Other: For higher knowledge, and exposure to finance line. Learning all the small detail about everything in the course. The course is built beautifully with proper case-based studies. Brio is the major event that happens in the year, apart from that small event that happens in regular intervals. There are many clubs like a cultural club, environmental club, debate club, finance club, marketing club, analytics club. The scholarship is provided to the students scoring above 80% in the semesters.

Reviewed on 17 Nov 2021Read More

Mainak Mukherjee Verified Icon

Post Graduate Program in Management (PGPM) - Batch of 2018

4.8

5Placements4Infrastructure5Faculty5Crowd & Campus Life5Value for Money

The quality of teaching was way above average and very fluid helping students to understand.

Placements: 95% of the students were placed from our batch. The rest 5% suffered from academic affliction. They had a strict placement policy. The highest national package was 10lacs, the international package was 11lacs. Top recruiters included Deloitte, ICICI, TCS, Yes Bank, HDFC. The internship was offered to 100% of the students. Companies ranged from HDFC, Skybits data analysis. Roles for job offers ranged from financial advisory to business analyst.

Infrastructure: The college didn't have a hostel but offered assistance in PG accommodation. The canteen was present, offering Indian and Chinese cuisine. Classes were digitally equipped. Wi-Fi connection was available. Also, a computer lab was present. A well-stocked library supported students for their learning needs.

Faculty: The best part about this college was it's faculty members. The faculty members had a huge range of experience, and knowledge, and were ever ready to help the students out in any of their doubts. The quality of teaching was way above average, and was very fluid, helping students to understand.

Reviewed on 29 May 2020Read More

PRATEEK PRADHAN Verified Icon

Post Graduate Program in Management (PGPM) - Batch of 2019

5Placements5Infrastructure5Faculty5Crowd & Campus Life5Value for Money

It is one of the best colleges with very good faculty members and career-oriented opportunities.

Placements: Placements in our college were appreciable. It is a 2-tier college, and almost 100% of the students of our batch got placed. Companies with more expectations from marketing and finance domain visit our campus for placements. Placements opportunities for HR low, but still the college try to provide jobs for them. The highest salary package offered was 13 LPA. The lowest salary package offered was 3.5 LPA. The average salary package offered ranges between 4-5.5 LPA. Banking sector companies like HDFC, ICICI, IndusInd, Federal and Kotak are expected every year for placements. Other renowned companies like ITC, Byju's, Deloitte, Aditya Birla, etc., also visit our campus for placements. International placement opportunity by Khimji Ramdas (OMAN) and Sadguru (Nairobi) has also been there. Most of the job roles offered were based on sales designations (B2B and B2C), account handling and operations specific. Almost every student was offered internship opportunities except those who want to do it with their references. The highest stipend offered was Rs. 5,000 per month. The lowest stipend offered was Rs. 1,000 per month. There is a placement cell in our college with highly experienced and contact-based placement heads, who keep on inviting companies for placements until and unless every student gets placed.

Infrastructure: The infrastructure of our college is good with facilities like Wi-Fi, computer labs, conference halls, library, medical doctor check-ups, carrom, table-tennis, activity room, canteen etc. Classrooms are always neat and suitable for long lectures equipped with projectors. The food served in the canteen is healthy and at low cost, so as everyone can afford. Hostel facility is not provided, and students have to look it up on their own. Every member of the college, students, teachers and staffs are liable to keep the college clean.

Faculty: Teachers in our college are knowledgeable with best practices to reach every student. Lectures are often conducted through projector presentations. The course curriculum is quite strict and vast to keep the students intact every time. A lot of assignments, case study materials, weekly tests, class participation markings, group discussions, presentations performances are conducted to groom the students in the best manner. Activities are conducted weekly by marketing and finance club to provide external exposures.

Other: Events like a Rock band, Desi day, freshers party are organised to make the students feel homely and excited. The college fest is organised every year.

Reviewed on 10 Aug 2019Read More

Darween Mohanty Verified Icon

Post Graduate Program in Management (PGPM) - Batch of 2020

4.8

5Placements5Infrastructure5Faculty5Crowd & Campus Life4Value for Money

Overall it was good and satisfied.

Placements: 100% placement for all streams in which Students are pursuing (Marketing, Finance, HR). Placements of our batch was 100% and seniors too. The highest package was 12lakhs and the lowest was 3lakhs. Marketing companies and finance companies were visited. Marketing companies like ITC, OYO, CCD, MAKEMYTRIP, etc. Finance companies like HDFC, ICICI, DELLOITE, etc.

Infrastructure: Wi-Fi, labs, Classrooms, Library, Sports, and Games. Quality of labs and classrooms are good, as all classes are fully air-conditioned. Quality of canteen food is good. I didn't face any infrastructure issues during our college. The college have parking facility.

Faculty: Professors are very helpful, highly qualified professors and knowledgeable. Teaching quality is best. Teaching methods like first of all they teach us and then they ask questions to students, if they having doubts related to studies the doubts are cleared then and there. Teachers take tests. Student to faculty ratio is 2:1. Yes I get industry exposure. I GOT 14 weeks of internship under real estate industry. Yes, the course curriculum was useful.

Other: Sports tournaments, Fresher's party, Desi day, feats like BRIO.

Reviewed on 9 Aug 2019Read More

View All 43 Reviews

IBS Kolkata
Admission FAQs

Q: What are the top Scholarships for MBA at ICFAI Business School Kolkata and how to avail them?

For its MBA programme, ICFAI Business School Kolkata (IBS Kolkata) provides numerous scholarship opportunities, offering worthy students substantial financial support. The best scholarships are the Need-Based Scholarships, the Physically Challenged Scholarship, the Merit Scholarship, the Alumni Scholarship, the Top Rankers Scholarship, and the Ward of Defence Personnel Scholarship.

Make sure you take the IBSAT exam and do well if you want to apply for the score-based scholarships. On the IBS Kolkata website, download the scholarship application form. Before the deadline, submit it with your admissions application. Make sure you meet all the requirements by carefully going over each scholarship's eligibility conditions. Depending on the scholarship you're applying for, attach pertinent documents like income certificates, handicap certificates, or proof of your parents' military service.

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Q: What is the highest package for MBA students at ICFAI Business School Kolkata?

In 2023, the highest international salary package at ICFAI Business School (IBS) Kolkata was INR 58.19 LPA, and the highest national salary package was INR 21 LPA.

According to ambitonbox.com, the highest-paying job at ICFAI Business School is a Professor with a salary of INR 23.3 Lakhs per year. The top 10% of employees earn more than INR 8.62 Lacs per year, and the top 1% earn more than INR 18.76 Lacs per year.

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Q: Which is the best course among the courses offered by ICFAI Business School Kolkata?

The top courses at ICFAI Business School (IBS) Kolkata are MBA/PGDM. The MBA/PGPM programme is a two-year programme that spans four semesters at the PG level. The PGPM programme is considered equivalent to the MBA program.

IBS Kolkata is ranked 2nd in West Bengal and is recognised by UGC and AICTE. It is also ranked among the top management colleges in India, and in 2019, it was ranked 169th for MBA by IndiaToday.

IBS Kolkata also offers a BBA programme with specializations in general, finance, marketing, and business.

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Q: What is the latest cutoff information for admission to MBA at ICFAI Business School Kolkata?

The minimum cutoff score for admission to MBA at ICFAI Business School (IBS), Kolkata for 2024 is 60 percentile or above for CAT and XAT, 500 or above for GMAT, and 150 or above for NMAT by GMAC. The application process is open from February 22 to April 2, 2024, and the selection process is from April 6–7, 2024.

The minimum cutoff score for admission to IBS is 55%, and the predicted cutoff is around 60%.

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Q: Is ICFAI Business School Kolkata a good college for MBA?

ICFAI Business School (IBS) in Kolkata, India is considered one of the top management colleges in the country. It offers a two-year MBA/PGPM programme that's spread across four semesters. IBS Kolkata is also ranked among the best emerging B-schools in India.

IBS Kolkata's PGPM programme is considered equivalent to its MBA program. IBS Kolkata's alumni include many top CEOs, CXOs, HR Heads, top managers, and entrepreneurs.

IBS Kolkata's 2023 placements recorded 99% placements with an average package of INR 7.41 LPA and a the highest package of INR 8.50 LPA.

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Q: Can I get direct admission to MBA at ICFAI Business School Kolkata?

Yes, you can apply directly to ICFAI Business School (IBS) in Kolkata. However, you must pass entrance exams such as CAT, XAT, IBSAT, or NMAT, and have a valid score or rank to get admission.

The IBSAT Bulletin can be purchased for Rs 1,800 and can be applied for online. You can also buy the IBSAT Bulletin at any of the marketing offices.

Documents required for verification purposes include:

UG Provisional Certificate/ Mark Sheet
Class 12 Certificate
Class 10 Certificate
Proof of Identity
Transfer Certificate (TC)
Passport Size Photographs

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Q: Are MBA placements at ICFAI Business School Kolkata good?

ICFAI Business School (IBS) in Kolkata has a strong placement record. According to the records, 21 students have received the highest international package of INR 59.19 LPA and over 3,000 students have received the highest national package of INR 21.00 LPA from over 1,000 companies.

IBS Kolkata's 2023 placement record recorded 99% placements with the highest package of INR 8.50 LPA and an average package of INR 7.41 LPA.

The top 10 recruiters at IBS Kolkata include:

Ernst & Young
HDFC Bank
ICICI Bank
ICICI Securities
Kotak Mahindra Bank
Edelweiss Broking Ltd
BYJU'S
Puma
Bharti AXA General Insurance
Deloitte Shared Services India P Ltd

IBS Kolkata also has a two-year MBA/PGPM program

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Q: What are the cutoff marks required for MBA at ICFAI Business School Kolkata?

To get admitted to IBS Kolkata for MBA admission, candidates must score between 65 and 75 percentile on the XAT. Obtaining a 70% score on the XAT does not ensure admission. Although a 70% on the XAT is a good score, it might not be sufficient to guarantee admission, depending on the chosen specialism and size of the applicant pool.Focus on building a strong profile that showcases your professional experience, leadership skills, and other relevant endeavours.

Candidates should thoroughly prepare for the Written Aptitude Test (WAT), Group Discussion (GD), and Personal Interview (PI) rounds due to their significance in the selection process.If you want precise information, your best bet is the admissions office at IBS Kolkata. They may provide details on the degree of competition and recent developments in the specialism you have chosen, particular to your programme.

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Q: What is the XAT score for MBA at ICFAI Business School Kolkata?

The ICFAI Business School accepts IBSAT, XAT, CAT, GMAT and NMAT as entrance exams for admission into MBA. The XAT minimum cut off for admission to ICFAI Business School (IBS) Kolkata campuse for MBA is more than 60 percentile or in terms of score you need to get more than 17 XAT score.

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IBS Kolkata

Student Forum

Anything you would want to ask experts?

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Is it worth doing PGPM as a fresher from ICFAI business school? Will it hold value if I ever lose my on-campus job or if I want to switch?

Answered a month ago

It could be a good option for a fresher to pursue a PGPM from ICFAI Business School (IBS), which is very good at industry contact and placement in the future. But the worth of the degree totally depends on the industry and role you are targeting. Losing an on-campus job or switching careers can be m

Nandini Motwani

Contributor-Level 9

Is ICFAI Business School Kolkata is more expensive than Globsyn Business School?

Answered 4 months ago

This question is unclear as it doesn't specify which aspects of the cost you refer to, such as tuition fees, additional expenses, or overall value. Please provide more details which will help you get a more accurate comparison.

Swastika Sarkar

Contributor-Level 8

What was the highest salary package offered in MBA placement drive 2024 at IBS Kolkata?

Answered 4 months ago

The highest salary package offered in IBS Kolkata MBA placements 2024, was INR 10 LPA. It is important to note that the average salary of the top 10% of students placed was close to INR 8.77 LPA, which means a lot of students were offered similar salary packages offered as the highest salary package

Aayush Sharma

Contributor-Level 10

What are the various scholarships offered to MBA students at IBS Kolkata?

Answered 4 months ago

Scholarships are only available for candidates who have appeared for the IBSAT entrance exam. The difference in scholarships depends on merit and the category of students passing the IBSAT exam. The scholarships that IBS Kolkata provides are:

· Scholarships for Toppers in IBSAT

· Scholarsh

Aayush Sharma

Contributor-Level 10

Which companies are the top recruiters for MBA placements 2024 at IBS Kolkata?

Answered 4 months ago

According to the university website, top recruiters at IBS Kolkata MBA Placements 2024 were ICICI Bank, Deloitte Tax Services, TATA AIG, Axis Bank, Kotak Mahindra, etc. In the placement round 2024 99% of the students got placed and these companies emerged as the top companies for those students.

In t

Aayush Sharma

Contributor-Level 10

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