- Be a legal resident of India
- Be of the age of majority as per the laws of the jurisdiction applicable to you at the time of entry
- Have a valid email address and Internet access prior to the start of, and during, the promotion
- Graduation pass out of 2017 to 2020 or appearing final year student passing out in 2021
- Aadhar card necessary for NE states Govt photo ID card
Current employees, directors, agents and officers of the ICFAI Business School and its affiliates, and their respective immediate families and people living in their household are not eligible to enter the promotion. The promotion is void outside of India and where prohibited or restricted by law. All federal, state and local laws and regulations apply.
Registration:
Register for the National IBSAT mock test and successfully take the test. The test must be taken between 10 August to 30 September 2020. The ICFAI Business School server will serve as the official timekeeper for the Promotion. Each individual may only initiate the test once.
The email address you provide will be our primary means of communication with you. All entries must be submitted in English. Once you submit your entry, no further changes can be made to the entry even if there is time remaining in the Promotion Term.
Judging:
Entrants must be amongst the top 50 percentile scores to be eligible for a prize. Winner's name will be declared no later than after 7 days of the National Mock Exam. There is no random selection of entries.
Prizes will be given after verification of 10th certificate and graduation marks sheets( checking of age and year of passing and % in graduation).
50% compulsory in graduation (if passed) and also in second year if passing out in 2021.
If any candidate writes the test twice for practice purpose then the score of the first attempt only will be considered for prizes eligibility.
Prizes:
First Prize: Rs.20000/- Gift card for first rank
Second Prize: Rs.10000/- Gift card for second rank
Third Prize: Rs.5000/- Gift card for third rank
Other Prize: Rs.2000/- Gift cards for (Ranks 4 to 50).
Winner Notification:
Following the selection of the prize winners, the ICFAI Business School will notify the prize winners via email. The first name and first initial of each winner's last name will also be posted on the website at ibsindia.org at the close of the promotion.
Each winner will have five (5) business days from such email notification to claim his or her prize.
Return of any notification e-mail as undelivered, the inability of the ICFAI Business School to contact a potential winner within five (5) business days, or the failure of the potential winner to respond within such five (5) business day time period, may result in disqualification and selection of an alternate winner from all remaining eligible entries.
The ICFAI Business School reserves the right, in its sole discretion, to decide whether an alternate winner should be selected from the remaining eligible entries and shall not be obliged to select such an alternate winner.
No prize transfer, assignment or substitution by a winner is permitted. If a potential winner declines the prize, fails to claim the prize, is unavailable for prize fulfillment, fails to abide by the Rules, or is ineligible, the ICFAI Business School shall not be held responsible for not delivering the prize.
Delivery of Prizes:
Time taken to check and approve claims may vary. Entrants should expect to receive the prize(s) within approximately [thirty (30) days] of successfully claiming his or her prize.
Right to Disqualify, Modify, Cancel, Suspend or Amend: ICFAI Business School reserves the right, at its sole discretion, to disqualify any individual(s) who tampers with the entry process, and/or to cancel, terminate, modify, or suspend the Promotion for any reason.
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