IBS Kolkata MBA/PGDM Courses & Fees 2024: Placements, Cutoff, Admission Dates

It is difficult to make a direct comparison between MBA at ICFAI Business School Kolkata and ISB&M - International School of Business and Media, Kolkata. However, ISB&M Kolkata appears to have better placements and a higher average package than ICFAI Business School Kolkata. MBA at ISB&M Kolkata is better because it offers an average package of 10 LPA than ICFAI Business School Kolkata which offers 7.4 LPA.

{Source: MBA/PGDM students & alumni}

Effectiveness of Placement Cell for MBA/PGDM Programs at IBS Kolkata

The placement cell at IBS Kolkata has been effective in providing 100% placements to its students, with a majority of them securing lucrative offers from top-notch companies. Here are some key highlights:

* Placement Process: The placement process is thorough, with the placement cell working closely with students to prepare them for the recruitment process. The cell ensures that every student gets placed, whether it's through campus placements or off-campus opportunities.
* Companies Visiting Campus: Renowned companies like HDFC Bank, ICICI Bank, Axis Bank, Zydus, Byjus, Deloitte, and others visit the campus for recruitment purposes. These companies offer attractive salaries ranging from INR3.5 LPA to INR13 LPA, with an average salary package of INR5.5 LPA.
* Internship Opportunities: Almost 100% of students get internship opportunities, with the highest stipend offered being INR5,000 per month. The lowest stipend offered is INR1,000 per month.
* Faculty Support: The placement cell receives strong support from faculty members, who actively engage with students to ensure they're well-prepared for the placement process.
* Industry Exposure: IBS Kolkata provides ample opportunities for students to gain industry exposure through summer internships, projects, and live cases. This exposure helps students develop practical skills and apply theoretical concepts to real-world scenarios.
* Student Feedback: Alumni praise the placement cell for its efforts, stating that the college's "placement record is outstanding" and that the "college makes sure every student gets placed."

Overall, the placement cell at IBS Kolkata has demonstrated exceptional performance in placing its students in reputed organizations, ensuring a bright career ahead for them.

The exam pattern for IBSAT 2023 for ICFAI Business School Kolkata consist of four sections, and total od 140 marks, with the duration of 2 hours. It is a Home Proctored based exam. for every correct answer one mark each will be provided, and there is no negative marking. For more details refer the information below: 

Sections	No. of Questions
Verbal Ability (VA)	50
Reading Comprehension (RC)	30
Quantitative Aptitude (QA)	30
Data Adequacy/ Sufficiency and Data Interpretation (DA/ DI)	30
Total	140

IBS Kolkata has maintained good placement record over the past few years. Further, the placement rate recorded during IBS Kolkata placements over the past three years stood at 99%. The key highlights of IBS Kolkata PGPM placements over the past three years are presented below:

Particulars	Placement Statistics (2022)	Placement Statistics (2023)	Placement Statistics (2024)
Highest package	INR 12 LPA	INR 8.5 LPA	INR 10 LPA
Average package	INR 7.11 LPA	INR 7.41 LPA	INR 6.7 LPA
Top 10% average package	INR 14.12 LPA	INR 8.42 LPA	INR 8.77 LPA
Top 25% average package	INR 10.41 LPA	INR 8.34 LPA	INR 8.43 LPA
Placement rate	99%	99%	99%

Note: Placements 2022 and 2023 data are sourced from older reports, which are no longer available on the official website.

{Source: MBA/PGDM students & alumni}

Based on the reviews and feedback from students and alumni, here are some key points to consider:

* Excellent Placement Record: IBS Kolkata has a strong reputation for placing students in top companies, with an average salary package ranging from INR4-INR7 Lacs and the highest package reaching up to INR11 lakhs.
* Good Infrastructure: The college has modern classrooms, a well-equipped library, computer labs, and a canteen serving healthy food at affordable prices.
* Supportive Faculty: Faculty members are knowledgeable, experienced, and dedicated to ensuring students' success, with many professors willing to go the extra mile to help students.
* Industry Exposure: The college emphasizes industry exposure through case studies, projects, and internships, preparing students for the corporate world.
* Networking Opportunities: With prominent companies visiting the campus for recruitments, students have plenty of opportunities to build connections and networks in the industry.
* Challenging Curriculum: The course curriculum is demanding, with multiple assessments and projects keeping students on their toes.
* Limited Scholarships: While there are no scholarships specifically offered, some students receive merit-based awards.
* Hostel Facility Not Available: Unfortunately, the college does not provide hostel accommodations, making it essential for students to arrange their own living arrangements.

Overall, IBS Kolkata appears to be a solid choice for students seeking a rigorous MBA/PGDM programme with a strong emphasis on placement, industry exposure, and networking opportunities. However, prospective students should weigh the pros and cons carefully before making a decision.

No, to get admission into IBS Kolkata MBA candidates have to either appear for entrance exams, such as CAT/ XAT/ GMAT/ NMAT, and apply through their entrance score or apply for admission through the IBSAT entrance exam conducted by ICFAI Business School (IBS).

Admission into the MBA at IBS Kolkata takes place through micro-presentations and personal interviews conducted as part of the selection process. Hence, there are no direct admissions into IBS Kolkata and all admissions in the MBA programme take place through a series of selection rounds.

The minimum eligibility for getting admission at ICFAI Business School Kolkata is candidates requires to take the IBSAT 2023 exam, participate in a Group Discussion, and undergo a Personal Interview. To be eligible for admission, candidates must have graduated with 50% marks in English medium and completed at least 15 years of regular education.

Course	Eligibility	Selection
MBA/PGDM	Graduation with 50%	XAT, CAT, NMAT, IBSAT

 

The IBS Kolkata MBA programme has a tuition fee of INR 9.11 lakh. Comparing it to the placement figures of 2024, the MBA programme secured an average salary of INR 6.7 LPA. Even if a student is placed in the top 10% of salary packages, still the average salary package is around INR 8.77 LPA.

This means that the placements round isn’t able to fully recover the tuition fees of the programme. Candidates looking to take admission should know that top recruiters during placements are some of the most reputed companies in India, such as ICICI Bank, Deloitte Tax Services, TATA AIG, Axis Bank, etc.

Therefore, even if the salary package offered is not that high the placements are in highly reputed companies where there is a lot of scope for earning more. Candidates can make their own decisions accordingly.

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.