To qualify the eligibility criteria of IBSAT you need to have graduation in any discipline with minimum 50% and the medium of instruction for the course is English.
The cut off of IBSAT for ICFAI university, Dehradhun can be expected to be 60+
There are various other campuses of ICFAI university where you can apply. keep a tab on the cut off declaration as all the Insititute declare their cutoffs seperately.
All the best!