CHECKOUT IMPORTANT DATES
The ICFAI Business Studies Aptitude Test is known as IBSAT. Every year, a nationwide entrance exam is held to determine who gets to enroll in the MBA, PGPM, and PhD programs offered at ICFAI's nine campuses. ICFAI Business School Aptitude Test (IBSAT) conducted every year by the Institute of Chartered Financial Analysts of India (ICFAI) University. The test is administered in English and is available at more than 80 exam locations around India. Verbal Ability, Reading Comprehension, Quantitative Ability, and Data Interpretation & Data Sufficiency are its four sections. It takes two hours for candidates to finish the exam's 140 questions.
The IBSAT 2024 exam will be conducted on December 23 and 24, 2023, and the registration process commenced on July 1 and will end on December 16, 2023. The result of the exam is expected to be declared in the fourth week of December 2023. The selection process will begin in the second week of January 2024 and the result for the selection process will be declared in the second week of March 2024.The eligibility criteria for IBSAT 2024 is that candidates must have completed their graduation in any discipline from a recognized institute/university with at least 50% aggregate marks.
You can find all the information you require regarding the IBSAT 2024 test in this article, including the application form, exam dates, qualifying requirements, and more.
Name of Exam
Common Law Admission Test
Exam Level
National Level
Conducted by
ICFAI Business School
Courses offered
MBA/PGPM
Exam Mode
Online
Application Mode
Online /Offline
Exam Frequency
Once in a year
Exam Duration
Two hours
Exam Medium
English
Application fee
1800/-
The following is a schedule of significant dates for applicants applying in the the IBSAT 2024.
Events
Event Dates
Registration begins
July 1st 2023
Registration Close
December 16th 2023
Last date of fee payment
Admit card issue on
3rd week of December
Exam date
December 23rd and 24th , 2023
Announcement of result
1st week of January 2024
Briefing about Selection
2nd week of January 2024
Selection process
3rd week of January 2024
Result of Selection Process
2nd week of March 2024
The candidate must review the eligibility requirements listed below before completing the IBSAT 2024 application form.
On July 1, the ICFAI Business School made the IBSAT 2024 application form available online. Applicants can visit the official website, ibsindia.org, to complete and submit their IBSAT application. Candidates who meet the requirements can fill out the IBSAT registration form till December 16 2023. The application form is accessible both offline and online.
In order to purchase in offline mode, candidates must visit the closest IBS Marketing Branches. On December 23 and 24, 2023 the ICFAI Business School will administer the IBSAT 2024 entrance exam.
Step 1: Complete the application.
It is necessary for candidates to complete the following fields:
Step 2: Review the application.
Step 3 : Fee Payment
Step 4 : Final Submission
Steps of Application Form (Offline)
The minimal score needed to be eligible for counseling is known as the IBSAT Cut off. Once the IBSAT 2024 results are released, the IBSAT 2024 cut off will be announced. IBSAT Cut off often falls between the 65th and 75th percentile, according to the cut-off data from the previous year. Please find below the expected IBSAT cutoff for 2023:
IBS College
IBSAT 2024 Cut- Off (Expected)
IBS Hyderabad
72-78
IBS Mumbai
70-75
IBS Gurgaon
62-68
IBS Bengaluru
65-72
IBS Dehradun
56-62
IBS Jaipur
54-60
IBS Ahmedabad
58-63
IBS Kolkata
55-62
A few days prior to the test, the IBSAT 2024 Admit Card will be available for download on the official website. Once students have booked their slot, candidates can download their admit card. The candidate's name, roll number, exam date, time, and location are all listed on their IBSAT 2024 admit card. The following are the steps to download the admission card:
The four sections of the IBSAT 2024 syllabus are Data Interpretation & Sufficiency, RC, Verbal Ability, and Quantitative Ability. It is necessary for preparation with the syllabus's key subjects. The IBSAT syllabus bears resemblance to other MBA tests such as CAT, XAT, CMAT, and so on. Therefore, applicants preparing for these exams may apply similar tactics to succeed in the IBSAT 2024 exam. The comprehensive section-by-section IBSAT syllabus is provided below for your reference.
Sections
Topics
Verbal Ability
Analogy, Synonyms & Antonyms, Critical Reasoning, Idioms, Vocabulary, Para jumbles, Sentence Correction, Meaning/Usage match
Reading Comprehension
RC passages on various themes like Art & Culture, Business, Management, Science & Technology, Global Issues, Society & Diversity, etc.
Quantitative Aptitude
Arithmetic (ratio & proportion, percentage, interest, time & speed, etc), Geometry, Modern Mathematics, Number system, Algebra, Trigonometry, Series.
Data Interpretation and Sufficiency
Data interpretation (Tables, Charts, Graphs), Problem-solving, Data sufficiency.
Those who intend to take the IBSAT 2024 exam can find detailed information on the format of the test and the corresponding scoring system below:
Subjects
Number of Questions
I
Verbal ability
50
II
30
III
Quantitative ability
IV
Data Interpretation & Data Sufficiency
Total
140
Exam mode- Remote-proctored test mode.
Number of Sections- 4
Type of Questions- Multiple Choice Questions( MCQ)
Duration- Two Hours.
Number of Questions- 140
Marking Scheme- Candidates will receive one mark for each accurate response. Those who provide accurate responses are rewarded by this scoring system. It's important to remember that the IBSAT 2024 test has no negative marking system.
Results for the IBSAT 2024 will be released by the first week of January 2024. The IBSAT results are made public as a scorecard that includes each candidate's sectional and overall scores. By logging onto the official website with their application number, password, and date of birth, candidates can download their IBSAT scorecard. For your information, the procedures to download IBSAT results are listed below:
Ques.1 What is the medium of IBSAT 2024 exam?
Ans. IBSAT 2024 will be conducted in the English language only. The questions will not be available in any other language medium.
Ques.2 Can the login password be changed in case someone loses it?
Ans. In the case that a candidate forgets their login password, they can reset it by clicking on the forgot password link located on the official website, ibsindia.org. It is essential to protect the information because candidates must use it to download their scorecard and admit card.
Ques.3 What are the time limits given to the students for completing the IBSAT 2024?
Ans. Candidates will be provided with a total time limit of 120 minutes (Two Hours).
Ques.4 Will there be any negative marking in IBSAT Exam?
Ans. No, the IBSAT 2024 does not allow for negative marking for wrong answers. Additionally, marks for questions that are not attempted are neither added nor subtracted.
Ques.5 What is the overall difficulty level of IBSAT exam?
Ans. It is evident from the examination of past years' papers that the IBSAT is usually a moderately challenging exam. Compared to other MBA tests like the CAT and XAT, it is comparatively easier.