IBS Mumbai Admissions 2024: Courses, Dates, Fees, Eligibility and Selection Process

New Update: IBS is giving the best platform to MBA aspirants in the form of the National Mock Test (NMT) 2024. This is free and will be given at a time when there are cash prizes as well. The winner will get Rs 1,00,000 and the second and the third one will get prizes worth Rs 50,000 and Rs 25,000 respectively. In addition, 97 participants will be rewarded with Rs 5,000 each.

The mock test is in the same pattern as IBSAT, i.e., 140 questions in 2 hours. Therefore, candidates get ample time to fine-tune their preparation for the test. The next date of the test is September 28, 2024. Registration will be free; the candidates can visit the IBSAT National Mock Test page to register.

For detailed information and registration, visit: IBSAT Mock Test.

IBS Mumbai Admission 2024

IBS Mumbai admissions are ongoing for the academic year 2024-2025. The MBA/PGDM course is a two-year course that is provided in full-time mode. IBS Mumbai admission is granted based on entrance exam scores. IBS Mumbai MBA/PGDM admission is based on IBSAT (ICFAI Business School Aptitude Test). The institute also considers CAT/XAT/NMAT/GMAT scores meeting the eligibility criteria. 

IBS Mumbai Admission 2024: Eligibility Criteria & Selection Process

Candidates applying for IBS Mumbai admission 2024 must meet the eligibility criteria to secure admission to their desired course at the institute. The candidates also need to possess the required documents for admission and to prove their eligibility. The table below shows the eligibility and selection criteria:

IBS Mumbai Admission Process 2024

IBS Mumbai admission process 2024 starts with registration and is concluded once the final seat allotment is done. The steps mentioned below are to be followed for IBS Mumbai Admission 2024:

Step 1: IBS Mumbai Application Process/IBSAT Registration

Candidates meeting the eligibility criteria can apply for IBS Mumbai admission through offline/online mode. Candidates can apply with their IBSAT score to complete the registration. Required details are to be filled out according to the official documents.  To complete the registration an application fee of INR 1800 must be paid through any valid payment means. 

Step 2: Micro Presentation and Personal Interview

 IBS Mumbai admission is granted based on entrance exam scores. IBS Mumbai MBA/PGDM admission is based on IBSAT (ICFAI Business School Aptitude Test). The institute also considers CAT/XAT/NMAT/GMAT by GMAC scores meeting the eligibility criteria. Candidates are also selected based on their performance during the last qualifying exam. Moreover, shortlisted candidates are allotted seats based on the Micro Presentation and PI rounds.

Step 3: Admission Confirmation

Once the final result is declared, the selected candidates are provided the admission letters. The next step is to pay the admission fee to confirm seats.

IBS Mumbai Admission 2024: Important Dates

The table below lists the important dates for IBS Mumbai MBA Admissions 2024:

Eligibility

2 year Management Program (MBA/PGPM):

• Graduation (any discipline) with 50% and above marks with the medium of instruction as English.
• All applicants should have completed at least 15 years of education (on a 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, 2025.
• Applicants in their final year bachelor’s degree course are eligible to apply, provided they complete their graduation requirements (including practical examinations/viva/assignments) before May 31, 2025.
• The admission will remain provisional until they produce marks sheets and degree certificates establishing their eligibility. The last date to submit proof of graduation is November 01, 2025.
• Eligibility criteria checked from August 2025 onwards. Hence, the onus of ensuring that they satisfy the eligibility criteria rests solely with the candidates.

Steps to Apply:

• Online Application: Visit the application portal and complete the form.
• Personal and Contact Details: Enter your personal information and contact details.
• Confirmation: Submit your details to proceed to the payment page.
• Payment: Pay the application fee of Rs 1800.
• Receipt: After successful payment, you will receive a confirmation email/SMS on your
• provided email address and phone number.
• Brochure: Within one week of completing the complete application, the applicants will
• receive a hard copy of the IBSAT Brochure.

IBS Gurgaon Selection Process 2024 including Micro-Presentation

The IBS admission selection process for the MBA/PGPM program at our nine IBS campuses for February 2025 will include two main components: a Micro-Presentation and a Personal Interview, each valued at 25 marks.

During the Personal Interview, candidates will be interviewed for 5 to 7 minutes. The Interview Panel will evaluate candidates based on their attitude and aspirations, general knowledge, communication abilities, clarity of thought and expression, and suitability for a management career.

The Micro-Presentation is designed to assess candidates' communication and presentation skills, and their capacity to think quickly and organize their ideas effectively.

Process:

• Candidates will choose a number between 1 and 100, with each number linked to a specific topic.
• After selecting a number, candidates will receive the associated topic.
• They will have one minute to prepare before delivering a three-minute presentation.

Flexibility:

• If a candidate finds the first topic challenging, they can opt for a second topic by selecting another number between 1 and 100.
• Candidates can choose between the two topics but will not have further opportunities to select again.
• Topics are randomized after each selection; thus, if another candidate picks the same number, they will receive a different topic.

Key Features of the Micro-Presentation

• The Micro-Presentation is an individual task rather than a Group Discussion. Only the candidate presenting will speak, with no interaction or discussion among participants. No questions will be asked during or after the presentation.
• Each candidate presents their topic in front of a group of 9 to 11 peers and 2 Panel Members.

Evaluation Parameters

The Selection Panel will evaluate candidates based on their ability to:

• Think quickly and organize your thoughts effectively.
• Present information clearly and concisely within the three-minute time frame.

Exhibit qualities such as:

• Communication skills
• Logical reasoning
• Relevance to the topic
• Body language
• Confidence

Tips for Candidates for Micro-Presentation

Candidates are encouraged to:

• Quickly outline key points or create an outline during the one-minute preparation period to organize their thoughts.
• Concentrate on delivering critical and relevant information clearly and succinctly.
• Practice maintaining a steady pace to ensure they stay within the three-minute limit.
• Display confidence, clarity, and appropriate body language throughout their presentation.

This new format aims to provide a more effective evaluation of essential skills while ensuring a fair and consistent selection process.