IBS Pune: Courses, Fees, Admission 2024, Placements, Cutoff

A reputable business school in India, ICFAI Business School Pune offers PGPM and MBA programmes across 8 campuses. It belongs to the ICFAI Group. The school accepts applications via IBSAT, CAT, NMAT, and GMAT.

The institution develops students into world-minded thought leaders.They offer a setting that encourages experience sharing, problem-solving, decision-making, cooperation, and entrepreneurship to help students develop the knowledge and abilities they need to succeed in the global business world.

According to data gathered from unofficial sources, Sales domain has placed the most number of IBS Pune students. The domain-wise IBS Pune alumni placement statistics are presented below:

Note: The “Others” category includes the domains of Marketing, Operations, Research, Education, Information Technology, Accounting, Customer Success and Support, Consulting, Program and Project Management, Engineering and Product Management.

The above-mentioned alumni data is gathered from unofficial sources and hence may vary.

Financial Services sector emerged as the top recruiting sector that placed 26% of the total students during IBS Pune PGPM placements 2023. The sector-wise IBS Pune PGPM placement distribution 2023 is presented below:

Note: The “Others” category includes the sectors of Insurance, Manufacturing / Construction, FMCG / Retail, Infra / Telecom / Real Estate, Media & Research, Education and Other Services.

The detailed sector-wise IBS Pune PGPM placement distribution 2023 is presented below:

Sectors	PGPM Placement Distribution (2023)
Financial Services	26%
Banking	24%
IT / ITES	15%
Consulting	14%
Insurance	5%
Manufacturing / Construction	4%
FMCG / Retail	3%
Infra / Telecom / Real Estate	3%
Media & Research	2%
Education	1%
Other Services	3%

Note: The sector-wise placement distribution data presented above is the overall data of all the IBS campuses.

According to the available information, IBS Gurgaon has a high placement percentage with the highest salary offered at INR 12.00 Lacs. On the other hand, specific details about ICFAI Business School Pune's PGDM programme provides the information that ICFAI Bussiness School Pune does not have a good track record of placements. Therefore, it is recommended to consider factors such as faculty, infrastructure, and industry interface. 

The highest domestic and international package offered during IBS Pune PGPM placements 2023 stood at INR 12.00 LPA and INR 56.55 LPA, respectively. Further, a fluctuating and improving trend was witnessed in the highest domestic and international package offered, respectively, over the past three years during IBS Pune PGPM placements, which is presented below:

The highest salary trends witnessed during IBS Pune PGPM placements over the past three years are presented below:

Particulars	PGPM Placement Statistics (2021)	PGPM Placement Statistics (2022)	PGPM Placement Statistics (2023)
Highest domestic package	INR 10 LPA	INR 16.70 LPA	INR 12.00 LPA
Highest international package	INR 10 LPA	INR 53.45 LPA	INR 56.55 LPA

Note: Placements 2022 data is taken from older report, which is no longer available in the official website. 

Further, placement 2021 data is taken from the older report as well that is updated till Feb 15, 2021.

ICFAI Business School (IBS) Pune rankings:
1- Ranked 13th under the category of Emerging Business Schools of Super Excellence by GHRDC-CSR Survey in 2014.
2- Ranked 15th during Siliconindia survey –’What If Not IIMs! B-School Survey 2012′ on January 20, 2012.
3- Ranked 48th by Business Today in October 2012.
4- Rated IBS-Pune with A+ Grade by Business & Management Chronicle B-School Ratings, 2012.
5- Ranked as 'A++' by Business India in Oct, 2010.
6- Asia’s B-School Leadership Award in the category “B-School Leadership Award” in 2012.
7- Asia’s Best B-School Award in the category “Innovation in Placements” in 2011.
8- Ranked 40th by NIRF in 2023.

IBSAT, CAT, NMAT, and GMAT are the admission tests used by ICFAI Business School Pune. Admission is based only on merit (previous academic record, performance in Group Discussion, and Personal Interview). Read the eligibility requirements in the IBS Pune booklet by visiting the official website, ibsindia.org, before submitting the online application for the IBS Pune admission process.

 

{Source: MBA/PGDM students & alumni}

Based on student and alumnus reviews, here's what we've found:

Infrastructure and Facilities

* Good infrastructure, including air-conditioned classrooms and a well-stocked library
* Separate hostels for boys and girls (although not on-campus) with good facilities
* Wi-Fi enabled campus
* Good food served in the canteen
* Medical facilities available 24/7

Teaching Quality and Faculty

* Helpful and knowledgeable faculty members
* Supportive and approachable professors
* Industry-oriented curriculum with practical applications
* Regular guest lectures and seminars

Placement Record

* Excellent placement record, with almost 100% placement guarantee
* Top companies like Deloitte, EY, PWC, KPMG, and more visiting the campus
* Average salary package offered is around 7-8 LPA
* the highest salary package offered is up to 56 LPA

Internship Opportunities

* Good internship opportunities with top companies like Amul, CSB, and others
* Internships provide valuable industry experience and exposure

Student Life

* Good campus culture and atmosphere
* Various clubs and societies for extracurricular activities
* Frequent events and cultural fests

Overall, considering the factors mentioned above, pursuing an MBA/PGDM at IBS Pune seems like a worthwhile decision. However, it's essential to research thoroughly and weigh the pros and cons before making a decision.

{Source: MBA/PGDM students & alumni}

Effectiveness of Placement Cell for MBA/PGDM Courses at IBS Pune

Based on the reviews and feedback from students and alumni, here's what we found:

* Placement Record: The placement record at IBS Pune is impressive, with almost 100% placement rate (as per some reviews).
* Top Recruiters: Renowned companies like ICICI Bank, PWC, Deloitte, EY, KPMG, HDFC Bank, Kotak Mahindra Bank, and others visit the campus for recruitment (according to a few reviewers).
* Average Salary Package: The average salary package offered to students ranges from INR6 LPA to INR8 LPA (based on individual reviews).
* Internship Opportunities: The college provides three-month internships, which help students secure placements after graduation (mentioned by some reviewers).

Some reviewers praised the placement cell, stating that it played a crucial role in their career development. Others mentioned that the college's reputation and strong industry connections helped them land jobs at top companies.

While the majority of reviewers expressed positive sentiments about the placement cell, there wasn't much criticism regarding its effectiveness. One reviewer suggested that the college could improve its internship programme by providing more real-life scenarios and critical thinking exercises.

Overall, the placement cell at IBS Pune seems to be functioning effectively, offering students a wide range of job opportunities across various industries.

Students can refer the table below for details on campus-wise salary data and placement rate in order to figure out the best IBS campus in terms of placements: 

IBS Campus Name	the highest Package (2024)	Average Package (2024)	Placement Rate (2024)
IBS Pune	INR 12 LPA (Domestic)	INR 7.59 LPA	99%
IBS Hyderabad	INR 21 LPA (Domestic)	INR 9.71 LPA	94%
IBS Mumbai	INR 20 LPA (Domestic) INR 18 LPA (International)	INR 8.03 LPA	98%
IBS Kolkata	INR 10 LPA (Domestic)	INR 6.7 LPA	99%
IBS Jaipur	INR 10.5 LPA (Domestic) INR 20.5 LPA (International)	INR 7.27 LPA	99%
IBS Gurgaon	INR 26.19 LPA (Domestic)	INR 7.48 LPA	95%
IBS Dehradun	INR 13 LPA (Domestic) INR 36.76 LPA (International)	INR 6.53 LPA	94%
IBS Ahmedabad	INR 12 LPA (Domestic)	INR 7.79 LPA	98%
IBS Bangalore	INR 11.49 LPA (Domestic) INR 13.5 LPA (International)	INR 7.41 LPA	93%

As a student of Jaipuria, I can vouch for the excellent quality of education offered here. The kind of exposure one can get being a part of this institution is phenomenal. Rest the choice of college only goes up till you enter in. The success factor entirely depends on the dedication with which we pursue this curriculum.

The list of top recruiters during IBS Pune PGPM placements 2023 is presented below:

IBS Pune Top Recruiters
Deloitte	Google
EY	Oracle
KPMG	HCL
Tata Capital	Wipro
ICICI Bank	PwC

The institute has released the 2022 placement statistics on its official website. Over 300 companies participated in the 2022 drive. Further, the majority of students received job opportunities in E-Commerce & Service sector. Check the complete insights of IIEBM placements 2022 from the table below:

Particulars	Placement Statistics (2022)
the highest package	INR 30 LPA
Average package	INR 7.50 LPA
Jobs offered	800+
Companies visited	300+
Top sector	E-Commerce & Service
Top domain	Marketing

NOTE: The above data is gathered from the official website, however, the year of placement is not specified.

Refer the below-mentioned table for IBS Pune PGPM placements 2023 statistics as compared with IBS Gurgaon PGPM placement statistics 2023:

Particulars	IBS Pune PGPM Placement Statistics (2023)	IBS Gurgaon PGPM Placement Statistics (2023)
Highest domestic package	INR 12.00 LPA	INR 12.00 LPA
Highest international package	INR 56.55 LPA	INR 22.93 LPA
Average package	INR 7.59 LPA	INR 7.55 LPA
Top 10% average package	INR 10.96 LPA	INR 11.63 LPA
Top 25% average package	INR 9.47 LPA	INR 9.90 LPA
Placement rate	99%	95%

 

There is no set dress code for students at ICFAI Business School Pune, despite the fact that many universities both domestically and overseas have their own uniform. Casual attire is permitted as long as you keep a presentable appearance. Therefore, you may wear whatever is most convenient and comfortable for you. 

ICFAI Business School Pune accepts IBSAT, CAT, NMAT, and GMAT scores for admission to its MBA/PGPM program. Candidates who have qualified based on IBSAT 2023/ GMAT /NMAT by GMAC TM /CAT/XAT score are called for the selection process during February 2024. The eligibility criteria for the MBA programme at ICFAI Business School Pune is a valid admission test score, with a minimum aggregate of 50% marks, on a regular basis (10+2+3 or 10+2+4 basis).

The CAT Exam will be held on Nov 26, 2023. Candidates applying for IBS Pune are required to appear for the exam in Computer Based Testing mode (CBT) to the allotted centres. Candidates can find the exam pattern for CAT 2023  and prepare accordingly. CAT exam 2023 will be held in three slots:

Morning: 8:30 AM to 10:30 AM

Afternoon: 12:30 PM to 2:30 PM

Evening: 4:30 PM to 6:30 PM

 

IBS Pune accepts multiple entrance exams such as CAT, XAT, IBSAT, and NMAT for admission to its PG-level courses. Hence, it can be considered that IBS Pune admission is entrance-based for most of its courses. Students are required to go through the national-level entrances and then appear for the university-level selection rounds for final admission. IBS Pune offers MBA/PGDM for the duration of two years, the eligibility for the same is graduation with 50% aggregate from a recognised board, with the medium of instruction as English.

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

Candidates for the PGDM programme at ICFAI Business School (IBS) in Pune must have a graduate degree with a grade point average of 50% or above and English as the medium of instruction. Candidates must have completed at least 15 years of study and can apply using multiple admission test scores such as IBSAT, CAT, XAT, GMAT, NMAT, and others. The final selection is based on previous academic records and performance in group discussions and personal interviews.
 The minimal CAT percentile required for admission to the MBA programme at IBS Pune is normally between 70 and 80 percentile.