ICFAI Business Studies Aptiude Test (IBSAT) - Eligibility Criteria

2 Year Management Program:
  • Graduation (any discipline) with 50% and above marks (as calculated by respective University) with medium of instruction as English.
  • All applicants should have completed a minimum of 15 years of education (on 10+2+3 or 10+2+4 basis).Candidates not meeting the eligibility criteria of English medium in graduation have to submit the TOEFL/NELT/ IELTS score by May 31, 2024.
  • Applicants in their final year bachelor’s degree course are also eligible to apply, provided they complete their graduation requirements (including practical examinations / viva / assignments) before May 31,2023. The admission will remain provisional until they produce marks sheets and degree certificates establishing their eligibility. The last date for submission of proof of graduation is November 01, 2024.
  • Eligibility criteria will be checked from August, 2024 onwards. Hence, the onus of ensuring that they satisfy the eligibility criteria rests solely with the candidates.
PhD Program In Management (Full-Time/Part-Time):
  • Graduation (any discipline) with 50% and above marks with medium of instruction as English
  • Post Graduation in Management (full time with specialization in Marketing/ Finance/ Human Resource Management/ Operations from an UGC approved University) with 55% and above marks
  • Post-graduation (full-time) in Economics, Commerce, Psychology, Sociology, Public Administration, Statistics, and Mathematics or in an allied discipline from a UGC-recognized University in India or abroad with 55% and above marks. Candidates who are offered admission are required to undertake the first-year MBA courses as a prerequisite to continue in the PhD Program.
  • A Professional qualification like CFA/ CA/ CWA/ CS with 55% and above marks.
PhD Program In Economics (Full-Time):
  • Graduation with 50% and above marks and Post-graduation in Economics or allied discipline with 55% and above marks.
2023