[1][2][3] It began on December 26, 2015, and ended with the gold medal game on January 5, 2016.

Belarus was relegated to Division I-A for 2017 by merit of their tenth-place finish, while Finnish right winger Jesse Puljujärvi earned MVP and top scorer honors.

(Eastern European Time – UTC+2) Note:  Belarus was relegated to the 2017 Division I A GP = Games played; G = Goals; A = Assists; Pts = Points; +/− = Plus–minus; PIM = Penalties In Minutes Source: IIHF[8] (minimum 40% team's total ice time) Reference: [1] Most Valuable Player All-star team IIHF best player awards Note that due to the lack of playoff games for determining the spots 5–8, these spots were determined by the preliminary round records for each team.

The Division II A tournament was played in Elektrėnai, Lithuania, from December 13 to 19, 2015.

The Division II B tournament was played in Novi Sad, Serbia, from January 17 to 23, 2016.