Admissions under General Category
Admissions Open for 2021
For the 2021 undergraduate intake, there are 120 seats across all degree programmes. ISBF follows a rounds-based rolling admissions policy. More detail on individual rounds is mentioned in the Admissions Calendar below.
Rolling admissions 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.
Rolling admissions also means that every round comprises of the full admission process, including the issuance of an offer of admission to meritorious candidates. You will typically be given 15-20 days by the Admissions Committee to evaluate this offer and take a decision with respect to your admission; therefore while it is best to apply early, it is advisable to opt to complete the admission process only when you are ready to take the decision with regard to admission. Please note that should the offer lapse due to indecision, the only recourse for an interested candidate will be to apply and complete the admission process all over again, if seats are still available at the college.
Click here to read the detailed Admissions Policy document.
|Admissions Calendar||Upcoming Admissions Round|
|Application Deadline||5 August 2021|
|iMET||7 & 9 August 2021|
|Shortlist||11 August 2021|
|Personal Interview||13 August 2021|
|Admissions Decision Notification||16 August 2021|
|Scholarship Deadline||19 August 2021|
1. For students who applied in the previous round, their iMET and PI will happen as per the dates chosen by them i.e. 22nd & 24th June 2021 and 29 June 2021 respectively.
In every round, the admission process will comprise of three steps. All steps are mandatory for all candidates.
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, the candidate’s application will be reviewed in full by the Admissions Committee. The final selection criteria comprises the iMET score (weight – 50%), performance in the PI (weight – 30%) and Class XII Board examination score (weight – 20%), where available. All decisions of the ISBF Admissions Committee are final and binding.
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 exceedingly 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, click here.
To apply offline, candidates may download the Application Form here 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
- The 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 the Statement of Purpose, candidates are advised to highlight their academic and other strengths, including co-curricular and extra-curricular achievements.
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 2,000 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. Click here to download the sample iMET question paper.
Candidates who perform well in iMET will be shortlisted for the Personal Interview (PI).
Candidates who have obtained a composite SAT score of 1350 (within the 5-year validity period) or more will be exempted from IMET and will be invited for Personal Interview
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.
On the day of the PI, candidates are advised to bring along their parents and/or guardians to the ISBF campus, to attend a counselling session and campus and hostel tours that are organised for their benefit.
Extra-Curricular Activities / Co-Curricular Activities / Sports Category
Click here to know more about ECA/CCA/Sports Category Admissions.
The total fee for all undergraduate degree programmes at ISBF is approx. INR 19.5 lakh, across 3 years. This includes the University of London (registration & examination) fees, the ISBF (admission & tuition) fees and applicable taxes. Click here for the details of the fee structure and the refund policy.
There is an additional fee for accommodation in the ISBF hostel. Click here for the details of the same.
Funding – Scholarships
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 100% 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, and financial need. Click here to download the ISBF Scholarship Application Form.
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: Two scholarships, each worth 50% of the ISBF Tuition fee, are awarded each year to the winners of The Power of Why Challenge. This scholarship continues in the second and the third year of study, subject to the scholar maintaining a stipulated level of academic performance. You can read more information about this form here.
In the second and third years of study
University of London (UoL) Achievement Award: This is awarded on merit to top 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 ISBF students receive this from LSE to attend Summer School, and pursue a course of their choice for three weeks, amongst students from all over the world.
Funding – Education Loan
Students who successfully receive an offer of admission from ISBF may apply for a loan to fund their studies. This would be processed through ISBF’s partner, Credenc, which is a platform that helps students obtain education loans from a number of banks and non-banking financial companies (NBFCs) based purely on financial need. To learn more and to use Credenc’s Education Loan Eligibility Calculator, click here.
If you have any further queries with regard to the admissions at ISBF, you may contact the Undergraduate Admissions Team on:
Call: +91 11 4043 0000/ +91 95991 81862
WhatsApp: +91 95991 81862
Candidates and their families are also invited to visit the ISBF campus after making an appointment with the Undergraduate Admissions Team.