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ICFAI Business Studies Aptitude Test (IBSAT) is a yearly exam conducted for admissions to MBA/PGPM Program conducted by the ICFAI University. The IBSAT 2016 scores will be accepted at the ICFAI’s Business Schools all over India - IBS Ahmedabad, IBS Bengaluru, IBS Gurgaon, IBS Hyderabad, IBS Dehradun, IBS Jaipur, IBS Kolkata, IBS Mumbai and IBS Pune campuses and PhD Program (full-time/part time) at IBS Hyderabad Campus.