IBSAT is an entrance exam that is offered by the ICFAI (Institute of Chartered Financial Analysts of India) Business School for admission to its management courses. The entrance is followed by a personal interview and a group discussion round. As per the reports, the IBSAT 2024 application process will start from July 2023 onwards, and the exam will be held in December 2023. Other than IBSAT, ICFAI (Institute of Chartered Financial Analysts of India) takes admission based on different entrance tests like CAT/NMAT/GMAT. Before applying for this exam, you must make sure that you meet the eligibility requirements.
Check out the IBS (ICFAI Business Schools) Campuses
- IBS Mumbai
- IBS Hyderabad
- IBS Bengaluru
- IBS Pune
- IBS Gurgaon
- IBS Ahmedabad
- IBS Jaipur
- IBS Dehradun
IBSAT 2024 Highlights
| Particular | Details |
| Name of the Exam | ICFAI Business School Aptitude Test (IBSAT) |
| Organizing Body | ICFAI Foundation for Higher Education |
| Level of Exam | University Level |
| Application Mode | Online/Offline |
| Exam Mode | Online |
| Language | English |
| Category Of Exam | Postgraduate and Doctoral |
| Type of Questions | MCQ (Multiple Choice Question) |
IBSAT 2024 Important Dates
Check out the table, where you will find the tentative dates related to the coming IBSAT exam.
| Events | Tentative Dates |
| Start of Application Form | 1st July, 2023 |
| Last Date of Application Form | 20th December, 2023 |
| Slot Booking Date | 3rd Week of December 2022 |
| Admit Card Release Date | 3rd Week of December 2022 |
| Exam Date | 23rd-24th December 2023 |
| Result Date | 27th December 2023 |
| Selection Briefing | 10th- 18th February 2024 |
| Selection process Date | 2nd week of March 2024 |
IBSAT 2024 Eligibility Criteria
Those candidates, who want to apply for IBSAT 2024, must follow the below eligibility criteria.
For 2-year management program:
- The candidate must be a graduate with at least 50% marks in any of the disciplines and from a well-reputed university ( English medium).
- All applicants must have done higher schooling (12th) and graduated.
- CAT/NMAT/GMAT qualified aspirants are exempted from giving ISBAT exam
For PhD program in management (Full-time/part-time)
- The candidate must be a graduate with at least 50% marks in any of the disciplines and from a well-reputed university ( English medium).
- The candidate must have done their post graduation in any of the specializations, Marketing, Finance, HR, Economics, Commerce, Sociology, Public Administration, and any allied discipline with at least 55% marks.
- Those candidates who have a professional qualification such as CA/CFA/CS/CWA with at least 55% and above are eligible for the PhD programme.
- MPhil Degree holders/IBS Alumni and those who have qualified UGC-Net are exempted from giving the exam.
IBSAT Application Form 2024
Online Registration
Candidates must visit the official website of IBS and fill out the necessary details, like name, father’s name, date of birth, email address, gender, etc. Once you have filled and submitted the form, you can make the payment. Once you have made the payment, the application no and password will be shown in your email. Using these important credentials, you can easily log in to your account and check out the application form.
Offline Registration
The candidates have to buy an IBS voucher to get the application number and password. Using these important credentials, the candidates can easily log in to their account and acquire their exam application form.
IBSAT Exam 2024 Overview
- Exam mode : Online mode
- Exam duration : 2 hours
- Number of questions : 140
- Type of the questions : Objective type
| Topics | Number of questions | Duration |
| Verbal Ability | 50 | 120 minutes |
| Quantitative Aptitude | 30 | |
| Data Adequacy & Data Interpretation | 30 | |
| Reading Comprehension | 30 | |
| Total | 140 |
IBSAT 2024 Syllabus
As determined by the conducting body, the IBSAT syllabus will cover a variety of subject-related topics. The question paper is divided into 5 sections: Verbal Ability, Analytical Reasoning, Quantitative Aptitude, and Data Interpretation and Data Adequacy.
The following is a list of the IBSAT exam’s syllabus:
| Sections | Topics |
| Quantitative Aptitude | Arithmetic Progression, Profit and Loss, Installment Payment, Venn Diagram, Algebra, Coordinate Geometry |
| Data Adequacy and Data Interpretation | Linear Arrangement, Causes, and Effects, Data Interpretation based on Graphs and Tables, Visual Reasoning |
| Verbal Ability | Uses of the same word, word substitution, Fill in the blanks, Syllogism, Odd man out, Jumbled Paragraphs |
IBSAT Slot Booking 2024
- Once your application process is complete, the candidates can easily proceed with the slot booking.
- Candidates can easily log in to their account and select their exam center and exam slots.
- After the exam slot booking process is completed, admit cards will be generated.
- Slot booking will be going to be done on a first-come, first-serve basis.
Application fee for IBSAT 2024
- The aspirant has to pay an amount of Rs 1800 as registration for the ISBAT exam.
- You can easily pay the amount by using net banking or a credit/debit card.
IBSAT 2024 Preparation Tips
See below for some useful IBSAT 2024 preparation advice:
- Make a schedule and allot equal amounts of time to each subject.
- View the exam’s official syllabus for more information.
- Use the best available reference books and study materials.
- Use the sample and practice papers from last year to sharpen your skills.
- Include in your preparation each and every subject covered by the syllabus.
- Keep your health in mind and avoid stress.
Scope of IBSAT
Are you looking for admission to a world-class B-school? What do you have to do? You need to give an IBSAT entrance exam. Once you qualify for this challenging exam, you will get admission in MBA/PGDM Programme that too from a reputed college.
Start preparing for IBSAT 2024 and accomplish your dreams!