IBSAT 2023 will be held on 23rd & 24th of December 2023.
The official IBSAT notification 2023 is released and can be checked on their official website. The registrations began on 1st July and will close by 16 December. In this article, we provide the timeline for IBSAT exam dates, the last date of application, and more. So, read on!
IBSAT is conducted annually by ICFAI in online mode. It is carried out in 80+ cities all over India. IBSAT is held for students seeking admission to the MBA/PGPM/Ph.D. programs of 9 of the Institute of Chartered Financial Analysts of India (ICFAI) Indian Business School (IBS) campuses-Hyderabad, Ahmedabad, Bangalore, Dehradun, Gurgaon, Jaipur, Kolkata, Mumbai and Pune.
IBSAT is an objective test of two hours. It evaluates the candidate's skills in different areas of aptitude. Unlike most other entrance tests, there is no negative marking in IBSAT.
IBSAT Exam Dates 2023
The following table displays the important dates of IBSAT 2023, as stated by the official notification:
|IBSAT 2023 Exam Details
||IBSAT Dates 2023
|Application start date
||1st July 2023
|Last date of application
||16 December 2023
|Admit Cards Download
|IBSAT 2023 Exam Date
|| 23rd & 24th of December 2023
|IBSAT 2023 Result Date
|| 1st week January 2024
|IBSAT 2023 Selection Briefings
|| 2nd week of January 2024
|IBSAT 2023 Selection Process (For MBA/PGPM at IBS Hyderabad)
|IBSAT 2023 Selection Process (For PhD at IBS Hyderabad)
||To be notified
Note that the official authorities also conduct an official mock test for preparing students for the exam day. For IBSAT 2023, the mock test is held in November - December 2023. You can take the same through the official website.
IBSAT 2023 - Key Facts
A quick overview of the main facts about the upcoming IBSAT session:
|IBSAT Exam Conducting Body
||ICFAI Foundation for Higher Education
|Number of MBA colleges under IBSAT Exam
|Mode of IBSAT Entrance Exam
|IBSAT Application Fees
|Number of Questions in IBSAT Exam
|Sectional Composition of Questions in IBSAT 2023
||VA-50; RC-30; QA-30; DA&DI-30
|Types of Questions
|IBSAT 2023 Scoring Pattern
||+1 Mark for Each Correct Answer
||Negative Marking in IBSAT
||No Negative Marking
|IBSAT Exam Application Process
||Online and Offline
Now that you are aware of IBSAT exam dates 2023, you should plan your study schedule and start preparing. As an exam, IBSAT is of moderate difficulty level, but still, it needs a lot of practice. Preparing with the right approach is sure to land you in one of the nine campuses of IBS.
FAQs about IBSAT 2023
1. How many times IBSAT is conducted in a year?
IBSAT is conducted only once a year, on a set of two dates, in the last week of December.
2. Is IBS Hyderabad a Tier 1 college?
No. Only the IIMs and a few other B-schools count in Tier 1. IBS Hyderabad is a Tier 2 college.
3. Is IBS worth joining for MBA?
Definately! IBS does feature among the most reputed B-schools of India. Apart from its modern curriculum and learning methodologies, it has a commendable placement record and reputation among top recruiters.
4. What is the highest package in IBS Hyderabad?
The highest domestic package at IBS Hyderabad goes above 20 LPA. In 2022, the highest international package went up to Rs. 53 LPA.
5. Can I get direct admission in IBS?
No, there is no such provision for IBS admissions. You need to have a valid score of IBSAT/ GMAT/ NMAT /CAT/ XAT in order to seek admission in IBS.
6. Is IBSAT exam online or offline?
IBSAT is held in computer-based/ online mode. Since the time of covid, it is also being conducted in remote-proctored mode.
7. What is the passing marks in IBSAT exam?
There is no such passing or qualifying marks in IBSAT. Different campuses specify different cut-off figures that range between 55-75.
8. Is the pattern of IBSAT similar to that of CAT?
The pattern of IBSAT is similar to CAT in terms of the areas tested. However, the structure, difficulty level, and marking criteria of the two exams are quite different.
9. Is IBSAT exam hard?
No, IBSAT is not much difficult. In fact, it is quite easier compared to CAT.
10. Is it tough to get into IBS Hyderabad?
It is a little tough to get into IBS Hyderabad. Among all the campuses of IBS, the Hyderabad campus sets the highest cut-off for admissions.