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UG Admissions

UG Admissions

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Admission Policy

For the 2020 undergraduate intake, there are 120 seats across all degree programmes. ISBF follows a rounds-based rolling admissions policy. This means that other things equal, applicants of earlier rounds have a higher likelihood of being accepted to study at ISBF, and also have a higher likelihood of being accepted onto the programme of their first choice.

It also means that applications will be closed as soon as all the seats are filled.

An Important Update

ISBF Admissions Team will get in touch with you regarding your iMET and PI date. All PIs will be conducted in person at ISBF Campus, New Delhi.

Admission Process

In every round, the admission process will comprise of three steps:

Step 1: Filling the Application Form

Step 2: Appearing for the ISBF Entrance Test (iMET), based on which candidates will be shortlisted for the final step

Step 3: Appearing for the Personal Interview (PI)

Once all three steps are completed, a candidate’s application will be reviewed in full by the Admissions Committee. The final admission decision will take into consideration the iMET score (weight – 50%), performance in the PI (weight – 30%) and Class XII Board examination score (weight – 20%), where available.

Where Class XII Board scores are not available, the selection criteria will comprise only the iMET score and performance in the PI. Candidates who perform well in the admission process may be made an unconditional offer of admission.

Candidates who are unsuccessful may reapply should they wish to. They will be required to re-appear for all steps of the admission process, and will be evaluated as though they were applying for the first time. It would, therefore, not be advisable to reapply unless one has materially improved one’s ability to perform well in the admission process or is applying for a different programme.

Step 1: Filling the Application Form

Candidates may fill the ISBF Application Form online or offline.

To apply online, candidates must log on to www.applytoisbf.com

To apply offline, candidates may download the Application Form from the ISBF website (www.isbf.edu.in) or obtain it at the ISBF campus. The form must be completed and submitted at the ISBF campus, via courier or in person.

Eligibility for applying

  • In order to be eligible to begin the undergraduate programme at ISBF in the 2020-21 academic session, a candidate must either have completed Class XII, or be completing it in 2020.
  • Candidates from any stream, or studying any combination of subjects, may apply to any of the undergraduate programmes offered at ISBF, subject only to the below requirements:
    • Candidates applying for BSc (Hons) Economics or BSc (Hons) Economics & Finance must have studied, or be studying, Mathematics in Class XII
    • Candidates applying for BSc (Hons) Accounting & Finance, BSc (Hons) Economics & Management or BSc (Hons) Business & Management must have studied Mathematics up to Class X

Candidates will be asked to indicate their first and second choices of programme in the Application Form. Should they have any difficulty in making these choices, we would encourage them to proactively reach out to us for guidance.

The course choices, along with the Statement of Purpose that candidates write as part of the Application Form, are key components of the Personal Interview.

In order for the Application Form to be deemed complete, candidates must submit all necessary documents as listed on the Application Form at the time of applying, whether online or offline, and must pay the application fee of INR 1,800 in full.

After successfully submitting the form, candidates will be issued an Admit Card confirming the iMET and PI slots (dates and times) chosen by them in the Application Form. Candidates must have the Admit Card handy during the iMET and carry it to the ISBF campus on the day of the PI.

Step 2: Appearing for the ISBF Entrance Test (iMET)

It is mandatory for all candidates to appear for the ISBF Entrance Test (iMET), which is conducted online in each admission round.

iMET tests a candidate’s ability to reason logically, assimilate information meaningfully from multiple reading sources and apply concepts and techniques learnt in Mathematics up to Class X (based on the syllabi of the major Indian Boards).

For more clarity, candidates are advised to see the sample iMET question paper, along with its answer key and guidance on preparation, which are all available on the ISBF website.

Candidates who perform well in iMET will be shortlisted for the Personal Interview (PI).

Step 3: Appearing for the Personal Interview (PI)

Candidates shortlisted on the basis of iMET will be invited to appear for the final step of the admission process – the Personal Interview (PI). All candidates must travel to the ISBF Campus in New Delhi for their PI.

In the PI, a candidate is tested for communication, attitude towards learning, academic curiosity and motivation to study at ISBF and to study the programme of first preference. The candidate’s past academic, co-curricular and extra-curricular record, as detailed in the Statement of Purpose in the Application Form, is the main basis of the PI discussion.

Admissions Calendar Early Round – Process 1 (Nov)Early Round – Process 2 (Dec)Round 1 (Apr)Round 2 (May)Round 3 (Jun)
Application Deadline11 Nov23 Dec6 Apr18 May24 Jun
iMET16 & 17 Nov26 Dec & 4 Jan10 & 11 Apr22 & 23 May26 & 27 Jun
Personal Interview30 Nov11 Jan24 & 25 Apr5 & 6 Jun4 & 6 Jul
Admission Decision Notification9 Dec20 Jan30 Apr9 Jun10 Jul
Scholarship Application Deadline11 Dec22 Jan2 May11 Jun13 Jul

Note: ISBF reserves the right to change the above dates. Due notice will be given to the candidates concerned. All decisions of the ISBF Admissions Committee are final and binding.


Scholarships are offered across all years of study. Details of the scholarships available from ISBF, LSE and UOL are given below.

At the time of admission, in the first year of study


ISBF Scholarship: This is available at the time of admission, i.e. for the first year of study and can continue for second and third year, subject to the awardee maintaining a stipulated level of academic performance. It comprises a waiver of up to 50% of the ISBF Tuition fees. It is awarded on the basis of merit and need, measured by the candidate’s performance in the iMET and PI, as well as need. Only candidates who hold an offer of admission will be eligible to apply for this scholarship. Since the scholarship application deadline is generally quite soon after the admission decision notification date, candidates are advised to keep their scholarship applications ready in advance.

The Power of Why Scholarship: Three scholarships – worth 100%, 50% and 50% of the ISBF Tuition fee are awarded each year to the winners of The Power of Why Challenge. Both these awards continue in the second and the third year of study, subject to the scholar maintaining a stipulated level of academic performance at ISBF. You can read more information about this from ISBF website.

In the second and third years of study

University of London (UoL) Achievement Award: This award is available on merit to UoL students in the Indian subcontinent. It comprises a waiver of 100% of UoL’s second and third year Tuition fees.

LSE Summer School Scholarship: Every year, two students receive this from LSE to attend Summer School, amongst students from all over the world.


The total fee for all undergraduate degree programmes at ISBF is approx. INR 17.8 lakhs, across 3 years. This includes the University of London (registration & examination) fees, the ISBF (admission & tuition) fees and applicable taxes. Details of the fee structure and the refund policy are available in the Undergraduate Downloads section of the ISBF website.

There is an additional fee for accommodation in the ISBF hostel. Details of this are also available in the Undergraduate Downloads section of the ISBF website.

Further Queries

If you have any further queries with regard to the admission process, you may contact the Undergraduate Admissions Team on:

Email: ugadmissions@isbf.edu.in

Call: +91 11 4043 0000/ +91 99717 95613

Prospective candidates, applicants and their families are also invited to visit the ISBF campus, preferably after making an appointment with the Undergraduate Admissions Team.