IBSAT Participating Colleges 2023: List of Colleges and Programs 

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IBSAT Participating Colleges

Through the IBSAT entrance exam, selected candidates will be given admission to the preferred ICFAI College. The IBSAT exam is conducted to offer eligible students admission to various MBA, PDGM and PhD programs. Candidates who are interested in pursuing any of these courses can apply at the official website of the ICFAI Business School. Also, the candidates must be aware of the number and names of the colleges participating in the IBSAT exam. Read this blog to learn more about the IBSAT Participating Colleges.

Exam NameIBSAT 2023
Full FormIFCAI Business School Aptitude Test
Conducting BodyICFAI Foundation for Higher Education
Examination FeeINR 1800
Programs AvailableMBA, PGDM, and PhD
Examination FeeComputer-Based Online Test
LocationPan India
Official Websitehttps://ibsindia.org/ 

List of IBSAT Participating Colleges 2023

Before applying for the IBSAT entrance exam, candidates must be aware of the IBSAT participating colleges. There are a total of 9 (nine) colleges which participates in the IBSAT entrance examination. Candidates who will clear the IBSAT examination can choose any of the following colleges which participate in this exam.

  • ICFAI Business School Hyderabad
  • ICFAI Business School Mumbai
  • ICFAI Business School Dehradun
  • ICFAI Business School Ahmedabad
  • ICFAI Business School Jaipur
  • ICFAI Business School Kolkata
  • ICFAI Business School Pune
  • ICFAI Business School Gurgaon
  • ICFAI Business School Bangalore (Off-Campus of IFHE)

IBSAT Participating Colleges Programs and Fees 2023

The ICFAI Business Schools, established in the late 20th century, are listed as the top business schools in the country. These B-Schools offer various programs and courses to eligible candidates. The programs offered by these business schools are recognised worldwide and these programs provide students with career opportunities in Business Administration and related fields. Here is a table highlighting all the IBSAT participating colleges with their programs and fees.

ICFAI Business SchoolsProgramsFees (Annually)
HyderabadMBA, PhDINR 8.01 lakhs
BangaloreMBAINR 6.0 lakhs
MumbaiPDGMINR 4.54 lakhs
PunePDGMINR 4.54 lakhs
AhmedabadMBAINR 4.54 lakhs
GurgaonPGDMINR 4.54 lakhs
DehradunPDGMINR 3.01 lakhs
JaipurMBAINR 3.01 lakhs
KolkataPDGMINR 4.54 lakhs


There is very little difference between Master in Business Administration (MBA) and Post Graduate Diploma in Management (PGDM). Some institutions or colleges offer MBA, while others offer PGDM. MBA programs are mostly offered by institutions which are affiliated with a university, and PGDM are generally provided by private colleges or institutions.

The ICFAI business schools in Gurgaon, Kolkata, Mumbai, Ahmedabad, and Pune are all independent professional institutions and are not affiliated with any university. These business schools act as off-campus institutions, and instead, of MBA programs, they offer PGDM programs to eligible students.


What is the full form of the IBSAT exam?

The IBSAT exam is an abbreviation for the ICFAI Business School Aptitude Test, which is conducted by the ICFAI Foundation for Higher Education to offer admissions into various MBA and PDGM programs.

How many colleges participate in the IBSAT exam?

Under the IBSAT exam, there are a total of 9 colleges or institutions spread all over the country. These institutions are – ICFAI Hyderabad, Mumbai, Gurgaon, Pune, Ahmedabad, Kolkata, Jaipur, Dehradun and Bangalore.

What are the eligibility criteria for the IBSAT exam 2023?

To become eligible for the IBSAT exam, candidates must have completed their bachelor’s degree in English medium with a minimum score of 50% or equivalent from a recognised university in the country.

The IBSAT exam is a national-level entrance exam, which is conducted by the ICFAI Foundation for Higher Education to offer admissions into available courses. Candidates who are interested in pursuing a course in business administration course at the ICFAI Foundation for Higher Education can apply for the IBSAT exam on its official website given above.

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