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IBSAT Merit List 2023: ICFAI generates a final merit list after the conduction of Group Discussion and Personal Interview rounds. IBS will publish the merit list based on the candidate’s overall performance. So, for each of the nine IBS campuses, a different set of final admission criteria will be used in the selection process. In this blog, we will talk about the IBSAT merit list and also other relevant information about the exam.
| Name of Exam | ICFAI Business School Aptitude Test(IBSAT) |
| Conducting Authority | ICFAI Foundation for Higher Education |
| Level of Exam | National Level |
| Frequency of Exam | Once a year |
| Language | English |
| Duration of Exam | 2 hours |
| Course/s Offered | PGPM/MBA |
| Exam Mode | Computer-Based Test |
| Official Website | ibsindia.org |
Table of Contents
ILatest Update
The 2022 IBSAT Exam Merit List was released on March 9th 2023 by the conducting authorities and the 2022 result was announced in December 2022.
IBSAT Merit List Weightage
The IBSAT merit list depends on various parameters. Candidates must know all the parameters to study and prepare for the exam accordingly. The IBSAT Merit list weightage is given in the table below:
| Merit List Parameters | Weightage in Percentage |
| 10th Class | 10 |
| 12th Class | 15 |
| Graduation | 25 |
| Group Discussion(GD) | 25 |
| Personal Interview (PI) | 25 |
| Total | 100 |
Colleges Accepting IBSAT
We have mentioned the list of the colleges that accept IBSAT. All nine campuses of IBS accept the IBSAT score. The fees of these colleges are also as follows:
| Colleges | Fees |
| IBS Hyderabad | INR 7 lakh per annum |
| IBS Mumbai | INR 4 lakh per annum |
| IBS Pune | INR 4 lakh per annum |
| IBS Kolkata | INR 4 lakh per annum |
| IBS Bengaluru | INR 4 lakh per annum |
| IBS Ahmedabad | INR 4 lakh per annum |
| IBS Gurgaon | INR 4 lakh per annum |
| IBS Dehradun | INR 2.8 lakh per annum |
| IBS Jaipur | INR 2.8 lakh per annum |
Also Read: IBSAT Preparation 2023
IBSAT Selection Process
Before the IBSAT merit list is released the candidate has to go through a selection process to get admission to any of the IBS campuses. We have briefly explained the IBSAT process below:
- IBSAT Cut-Off: A cut-off for all the nine campuses of IBS is released and students are called for the other rounds.
- Booking a Slot: For the selection briefing, candidates must book a slot (time, date, and city) on the IBS website.
- IBSAT Selection Briefings: the ICFAI commences the selection briefings in 54 locations. The candidates are told about the culture of the institute.
- GD/PI round: In the GD round, a group of eight to ten applicants are given a subject to discuss and are asked to articulate their opinions in detail. Members of the selection committee interview the shortlisted candidates during the PI phase. The primary objective of PI is to assess a candidate’s general knowledge, communication abilities, and mental and verbal clarity.
After all these rounds the final merit list will be released and the selected candidates will be informed. Therefore, the selected students will be called for admission.
FAQs
No, they are not the same. The IBSAT cut-off specifies the minimum marks required to get selected for the further admission process. However, the IBSAT merit list has the names of all the candidates who are selected based on their previous academic records, PI and group discussion.
The parameters which decide the merit list are the past academic records i.e. 10th class, 12th class and Graduation records. Also, the candidate’s performance in Group discussions and Personal Interviews helps in preparing the IBSAT merit list.
IBSAT is a computer-based test and is conducted only in online mode. ICFAI Foundation for Higher Education conducts the exam once a year.
Multiple choice questions are asked in IBSAT. The candidate has to answer 140 questions in 120 minutes.
In this blog, we shared information about the IBSAT merit list and other relevant information. So, we also explained the selection process and briefly described the order of the selection.
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