Hello vyshnavi , definitely if you start preparing for it from now onwards ,there are decent chances of qualifying it .All you just need to do is hardwork in the positive direction.Admission is made on the basis of merit of exams namely CAT , GMAT , NMAT  by GSAC ,IBSAT  .

You can check the details about the fee structure of IBS Hyderabad by clicking the following link : http://www.ibshyderabad.org/Fee-Structure.html

As far as the packages are concerned ,IBS Hyderabad offers you the best package out of all the campuses there .Many proficient companies come there for placements .

For more information regarding IBS Hyderabad , follow the given link : https://bschool.careers360.com/colleges/ibs-business-school-hyderabad?block=qna_bl#qna-block