IBSAT 2013 was a online computer based MBA entrance test which was conducted across India by the ICFAI Foundation. The examination tests the candidate’s ability in data interpretation, quantitative techniques, analytical reasoning, data adequacy, comprehension & vocabulary. It was a comprehensive multiple choice question (MCQ) examination of two hours duration. A major share in the examination was consumed by Vocabulary (English) and Reading Comprehension with more than fifty percent questions and the rest is divided among the other four.

The number of questions was 120 which had 5 options each. The total number of questions was 120. There is 1 mark for each correct answer and no negative marking.