The ICFAI conducts a management entrance exam called the ICFAI Business Studies Aptitude Test abbreviated as IBSAT. It is a very important exam for the candidates who want to pursue management and have a post-graduation degree in management. The candidates who are able to clear the IBSAT examination are given admission in reputed IBS schools all over India. The candidates are given the opportunity to complete the post-graduation degree in management that is their MBA or PGPM in one of these nine b schools. The candidates have to work very hard and fight a lot of people to have a sure seat in one of the nine b schools.

Before competing for their place in one of these schools the candidates need to know a few details about the exam. The required details like the syllabus, important dates and more are mentioned later in the article.

• The IBSAT exam is a computer-based exam and over 94 centers in India conduct the examination.
• The IBSAT is a national level examination that opens a doorway to nine reputed IBS schools.
• The candidates appearing for the IBSAT exam will be given only one chance to prove their worthiness.
• After clearing the cut off for the different colleges the candidates will have to go through a group discussion and personal interview process as well.

• Important Dates

Every candidate should be aware of the important dates of the examination that is the registration and the exam date and the results date as well.

• Availability of the application form – 1 July 2018
• Last date to fill the application form – 12 December 2018
• Exam dates – 22nd December and 23rd December 2018
• Results of the IBSAT exam – first week of January
• Cut off declaration – month of January 2019
• Group discussion and personal interview dates – month of February 2019
• Final results – month of March 2019

• Eligibility

The eligibility of the candidate depends upon the course opted for by the aspirant.

For MBA/ PGPM: 

• Graduation with 50% or more aggregate.
• Applicants need to complete a minimum of 15 years of education.
• Final year aspirants are also eligible to apply, only if they are able to complete their graduation requirements before May 31, 2019. 

​PhD Program in Management

• Graduation with 50% or more aggregate.
• Post-Graduation in Management with 55% and above marks. OR
• Post-graduation 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.
• PhD Program in Economics Graduation with 50% and above marks AND Post-graduation in Economics or allied discipline with 55% and above marks

The candidates who are eligible for the IBSAT examination according to the above terms will only be allowed to appear for the examination.

• Exam pattern

The IBSAT exam is a computer-based examination. The exam duration is 120 minutes in which the candidates are required to answer 140 questions. The questions are multiple choice questions only, so it is easier for the test taker to answer all off them quickly. There are four sections in the examination. Every section with the number of questions asked in that section is provided below.

• Verbal Ability 50
• Reading Comprehension 30
• Quantitative Aptitude 30
• Data Adequacy & Data Interpretation 30

Total 140

There are no negative markings in the paper thus the candidate is advised to answer all the questions that are asked in the question paper.

• Syllabus

Verbal ability

• Syllogisms
• Contextual usage
• English Grammar
• Cloze test
• Punctuation
• Analogies
• Incorrect words
• Spot the error
• Usage of appropriate words
• Idioms and Phrases
• Synonyms and Antonyms
• Replace the missing words
• Vocabulary
• Para Jumble
• Sentence completion

Reading comprehension

The candidate is given an unseen passage on which they have to answer a few questions. The candidate will have to be quick to read and answer the questions asked.

Quantitative ability

• Algebra
• Mensuration
• Arithmetic Progression
• Number System
• Average
• Profit and Loss
• Co-ordinate Geometry
• Percentage
• Installment Payments
• Probability
• Time and Work
• Permutation and Combination
• Time, Speed and Distance
• Mixtures and Allegations
• Discount
• Inequalities
• Geometry

Data interpretation section

• Tables Pie chart
• Data Interpretation
• Venn diagram
• Data Sufficiency
• Visual reasoning
• Cause and effects
• Critical reasoning
• Logical Reasoning
• Bar graphs and Column graphs
• Graphs representing area
• Statements and Conclusions
• Assumption-Premise-Conclusion
• Matrix arrangements

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