IBS Kolkata is an independent professional institute, established in 1995. Affiliated to ICFAI University, the institute was ranked at 196 for Management by India Today. The institute’s alumni are spread across the globe, working in 900+ blue chip companies.

IBS Kolkata PGPM program holds equivalence to an MBA Program. Admissions to this course are based on the candidate’s graduation scores and their CAT/GMAT/NMAT/XAT or IBSAT Rank. IBSAT or IBS Aptitude Test is held online by the ICFAI Foundation for students seeking admission to the PGPM Program. Candidates are shortlisted based on Micro Presentation, followed by Personal Interview. The total intake of the program is 120-200 seats. The total fees of this program is Rs 9.09 Lakhs.

IBS Kolkata offers Rs. 10 Crores in scholarships for top IBSAT 2024 performers, with Rs. 2 lakh each for 500 students. ICFAI Kolkata also gives Rs. 2 lakh scholarships based on CAT, NMAT, XAT, and GMAT scores, with set cutoff requirements. Educational loans can also be availed by students.Students at IBS Kolkata have access to state-of-the-art facilities like air conditioned classrooms with Wifi, modern teaching aids, library and a reading room, security, off-campus accommodation, psychological counselling and soft skills training by experts.

In 2025, IBS Kolkata Placement Drive recorded the highest CTC being offered at INR 9 Lakhs, while the average CTC offered was recorded at INR 7.09 Lakhs. 95% of the students were placed by reputed companies like 221B Baker Street, Aditya Birla, Deloitte, HDFC, ICICI Bank, Exide Industries and Kotak Mahindra.