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Fees Structure of ICFAI Business School Bangalore 2024

Bangalore, Karnataka | Reviews/Ratings: - Add Review
Established : 1995 | Accredited/Approved : AICTE | Affiliated : ICFAI University
Courses Fee Structure
Courses Fee
Admission Procedure

ICFAI University is one of India’s most prestigious universities providing management education. This institute was entrenched in the academic year 1995 under the IBS Group of Institutions’ aegis. This institute has been embedded with a vision to cater management education of higher quality to the aspirants and be a part of the development of the corporate sectors to compete in the global market. 

  • IBS campus consists of conference rooms, administrative blocks, seminar rooms, lecture halls, auditorium, residential for faculty, and hostels.

  • This institute’s faculties are teamed up to cater quality management education to the aspirants.

  • The students are even involved in research-based activities to enhance their practical skills under experienced faculty guidance.

ICFAI Business School (IBS) Bangalore is a Private management B-School established in 1995. The institute is well-recognized for its performance in the management courses, accredited, and approved by AICTE. The institute has been ranked 14th among the Top 30 B-Schools and 4th in South Silicon India.

The institute has a comprehensive campus and is fully furnished with reasonable infrastructural requirements like Computer Labs, Sports clubs, Medical emergencies, cafeterias, libraries, Auditoriums, hostels, and Laboratories. IBS offers a PGPM, 2-year program with full-time and on-campus courses.

Fee Structure for PGDM Course

IBS course offers for PGPM offers and specializations like General, Finance, Marketing, Operations Management, and Human Resource Management. The eligible candidates must have completed their Under Graduation in a recognized University with a 50% aggregate and should be suitable enough to appear for competitive exams like NMAT and IBSAT. IBS selection of candidates happens based on the merit list and the rank secured in the entrance exam. ITM-BS fee structure for the course is INR 400,500 Lakhs per annum.

PGPM Specializations

Total Fee structure

MBA in General

8.01 Lakhs

MBA in Marketing

8.01 Lakhs

MBA in Operations

8.01 Lakhs

MBA in Human Resource

8.01 Lakhs

MBA in Finance

8.01 Lakhs

ICFAI Business School (IBS) Hostel Fee Structure

IBS Bangalore, the hostel, is built within the college campus for both boys and girls. They accommodate all the necessary facilities like water supply, clean beds, 24/7 electricity, internet connection, clean and quality mess, and a reading facility given to the hostel studio. The ITM-BS’s hostel has been equipped with camera surveillance to monitor activities around the campus regularly, and the ICFAI Business School hostel fee structure ranges from INR 175,000

Hostel Facilities

Total Fee Structure (per annum)





Course cut-off:

Course name

IBSAT Cut-off %



Courses offered:

Course name

Eligibility criteria

Selection process


Graduation in any domain with a minimum of 50% marks from a recognized board

Based on the entrance exam followed by GD and PI

Scholarship facility:

  • Institute provides scholarships based on merit and for well-deserving candidates.

  • Loan facilities are also available from various banks.

Academic progress




8.5 CGPA






Hostel facility:

  • Institute provides off-campus hostel facilities separately for girls & boys with all the basic needs and comfort facilities.

  • The hostel fees will be affordable.


  • This institute offers placement in India and abroad by establishing national and international placement cells.

  • Various top-notch companies visit the campus to hire the institute’s skill-based and knowledgeable students.

Average Package

INR 5.69 LPA

Highest Package

INR 10.30 LPA

Highest International Package


Master of Business Administration at ICFAI Business School Bangalore

SpecializationDurationTotal Fees (Approx)
MBA in Finance 2 years, fulltime Rs. 7.3 Lakhs
MBA in Human Resource Management 2 years, fulltime Rs. 7.3 Lakhs
MBA in Operations Management 2 years, fulltime Rs. 7.3 Lakhs
MBA in Marketing Management 2 years, fulltime Rs. 7.3 Lakhs

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By Amrit Horo
Class of 2024

IBS Bangalore is ranked 14th among India's Emerging Business Schools of Super Excellence. Silicon India ranks ICFAI Bangalore 14th out of 30 business schools and fourth in the South Zone. It offers admission to the MBA in certain disciplines. Admission is based on the IBSAT, CAT/NMAT/GMAT. Candidates can apply online by accessing the website. ICFAI Business School Bangalore MBA Fees is INR12,06,000 (Total Fees). ICFAI Business School Bangalore fees payment for hostel is INR 175,000.

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