About Post Graduate Programme in Management [PGPM]
ICFAI Business School Ahmedabad offers a 2-year full-time PGPM through the ICFAI Foundation for Higher Education, a deemed university, with total fees of INR 9,09,000. Admission is through IBSAT, CAT, XAT, GMAT, or NMAT. Ranked 40th in Management by NIRF 2023, IBS Ahmedabad is located in Gujarat’s commercial capital and recorded strong financial services sector placements with 95% of the 2025 batch placed.
📋 Admission Status: Applications are currently open. Last date to apply is December 19, 2026 (Tentative).
Key Points
- Case Research Centre with India-focused business case repository
- Dual specialization available in Finance, Marketing, HRM, or Operations
- 14-week mandatory Summer Internship Programme in Semester II
- 12 specialization tracks including Business Analytics and Digital Marketing
IBS Ahmedabad PGPM Fees 2027
| Component | Amount (INR) |
|---|---|
| Programme Fee (2 years) | INR 9,09,000 |
| Caution Deposit (refundable) | INR 10,000 |
| Hostel (optional, per year) | INR 1,50,000 to INR 3,00,000 |
| Total Fees | INR 9,19,000 |
- Hostel charges are optional and excluded from total fees above.
- Caution deposit of INR 10,000 is refundable on programme completion.
- Application fee of INR 1,800 is separate and non-refundable.
IBS Ahmedabad PGPM Admission 2027
| Event | Date |
|---|---|
| IBSAT 2026 Registration Opens | July 1, 2026 |
| IBSAT 2026 Registration Closes | December 19, 2026 (Tentative) |
| IBSAT 2026 Exam | December 27 to 28, 2026 (Tentative) |
| IBSAT 2026 Result | January 2027, first week (Tentative) |
| Selection Briefings at IBS Hyderabad | January 2027 (Tentative) |
| Micro Presentation and Personal Interview | February to March 2027 (Tentative) |
| Class Commencement | June 2027 (Tentative) |
- IBSAT 2026 registrations opened July 1, 2026 across all IBS campuses.
- Single application fee of INR 1,800 covers all 9 IBS campuses.
The dates mentioned above are tentative and subject to change.
Eligibility Criteria
- Graduation in any discipline with minimum 50% aggregate marks required.
- Minimum 15 years of formal education on 10+2+3 or 10+2+4 basis.
- English as UG medium required. TOEFL, NELT, or IELTS accepted otherwise.
- Valid score in IBSAT, CAT, XAT, GMAT, or NMAT required for admission.
Admission Process
- Register online and pay application fee of INR 1,800 covering all 9 IBS campuses.
- Appear for IBSAT in December 2026 or submit a valid CAT, XAT, NMAT, or GMAT score.
- Receive shortlist based on entrance exam score and academic background.
- Attend Selection Briefing at IBS Hyderabad in January 2027.
- Complete Micro Presentation and Personal Interview in February to March 2027.
- Final merit based on exam score, academic record, and selection performance.
✓ Opt for this if
- Targeting finance or banking roles in Gujarat or West India
- On-campus hostel available for PGPM students at Ahmedabad
- Comfortable with full case-study pedagogy across all courses
- Seeking dual specialization in Finance, Marketing, or HRM
- Want NIRF-ranked Management institute in Gujarat metro
✗ Skip if
- Expecting top-15 B-school brand for consulting placements
- Targeting placement markets in East or South India
- Seeking average package above INR 10 LPA from MBA
- Not comfortable with heavy case-study assessment methodology
IBS Ahmedabad PGPM Placement 2026
| Metric | Value (2025 Batch) |
|---|---|
| Placement Rate | 95% |
| Average Package | INR 7.81 LPA |
| Highest Domestic Package | INR 10.34 LPA |
| Top 10% Average | INR 9.97 LPA |
| Top 25% Average | INR 9.84 LPA |
| Top Recruiters | ICICI Bank HDFC Bank JM Financial Asian Paints OfBusiness Technologies CSB Bank ICICI Prudential AMC Kotak Mahindra Bank Zomato Extramarks |
IBS Ahmedabad PGPM Scholarships 2027
| Scholarship | Amount | Eligibility |
|---|---|---|
| IBS Merit Scholarship (IBSAT Top Scorers) | INR 2,00,000 | Top performers in IBSAT 2026 |
| IBS Merit Scholarship (CAT, XAT, GMAT, NMAT) | INR 2,00,000 | High achievers in CAT, XAT, GMAT, or NMAT |
| IBS Alumni Ward Scholarship | INR 2,00,000 | Wards of IBS alumni applying for PGPM |
| IBS Defence Personnel Scholarship | INR 2,00,000 | Wards of serving or retired defence personnel |
| IBS Physically Challenged Scholarship | INR 2,00,000 | Candidates with physical disabilities |
| NSP PM-USP Yojana | INR 82,000 per year | 80% in Class 12, parental income up to INR 4.5 lakh |
- IBS scholarship adjusted against first two term fee installments.
- Total IBS scholarship pool for 2027 batch is INR 10 crore.
- Apply for government scholarships via the National Scholarship Portal.
As mentioned, ICFAI Business School Ahmedabad offers admission to PGPM program based on CAT percentile. ICFAI Business School Ahmedabad CAT Cutoff 2024 percentile is 70 for the General category. Further, CAT cutoff percentile is 70 for OBC , 70 for SC , 70 for ST and 70 for EWS category. Check ICFAI Business School Ahmedabad Cutoff
ICFAI Business School Ahmedabad PGPM Cutoff Year-wise Trends
The section below shows year-wise trends in ICFAI Business School Ahmedabad PGPM Cutoff. According to year-wise trends, admission to the ICFAI Business School Ahmedabad PGPM program in 2024 was closed at the 70 percentile , whereas in 2023, the closing percentile was 70 across all categories.
| Catgories | Cutoff percentile 2024 | Cutoff percentile 2023 |
|---|---|---|
| General | 70 | 70 |
| OBC | 70 | 70 |
| SC | 70 | 70 |
| ST | 70 | 70 |
| EWS | 70 | 70 |
IBS Ahmedabad PGPM FAQs
Ques. What is the total fee for IBS Ahmedabad PGPM?
Ans. The total programme fee for IBS Ahmedabad PGPM is INR 9,09,000 for two years, plus a refundable caution deposit of INR 10,000. An optional hostel facility is also available at INR 1,50,000 to INR 3,00,000 per year. Fees are paid in installments, and a single application fee of INR 1,800 covers all 9 IBS campuses.
Ques. What is the NIRF ranking of IBS Ahmedabad?
Ans. IBS Ahmedabad was ranked 40th in Management by NIRF in 2023, making it one of the few IBS campuses with a standalone NIRF recognition. It also holds the 2nd rank in Gujarat for management education as per the CSR-GHRDC survey. The NIRF ranking reflects faculty quality, research output, and graduate outcomes.
Ques. Which entrance exams are accepted for IBS Ahmedabad PGPM?
Ans. IBS Ahmedabad accepts IBSAT, CAT, XAT, GMAT, and NMAT by GMAC for PGPM admission. Minimum cutoffs are CAT 60 percentile, XAT 60 percentile, GMAT 500, and NMAT 150. IBSAT is the preferred route as it is an IBS-specific exam held in December each year.
Ques. What were the IBS Ahmedabad PGPM placement results for the 2025 batch?
Ans. The 2025 batch at IBS Ahmedabad recorded a 95% placement rate. The average package was INR 7.81 LPA and the highest domestic package was INR 10.34 LPA. Top recruiters included ICICI Bank, HDFC Bank, JM Financial, Asian Paints, and OfBusiness Technologies, with financial services accounting for 24% of placements.
Ques. Does IBS Ahmedabad offer hostel accommodation for PGPM students?
Ans. Yes, IBS Ahmedabad provides on-campus hostel accommodation for PGPM students. Hostel charges range from INR 1,50,000 to INR 3,00,000 per year depending on room type, and these costs are separate from the programme fee. Students can opt out of the hostel and arrange private accommodation.
Ques. What specializations are available in IBS Ahmedabad PGPM?
Ans. IBS Ahmedabad PGPM offers 12 specialization tracks including Finance, Marketing, Human Resource Management, Operations, International Business, Business Analytics, Digital Marketing, IT and Systems, Banking, Insurance and Financial Services, Supply Chain, Entrepreneurship, and Sales and Marketing. Students can choose a dual specialization by selecting electives from two functional areas.