ICFAI Business School (IBS) provides scholarships to support students financially in completing their studies. These scholarships are offered under various categories, including merit-based awards, scholarships for children of IBS alumni, wards of defence personnel, and physically challenged candidates. For the academic year 2025, IBS is offering 500 scholarships, each worth INR 2 lakhs, exclusively through theIBSAT 2025 Exam, which will be held on December 27 & 28, 2025. These scholarships are available only to candidates applying for the MBA or PGPM programme and appearing for the IBSAT test.
In previous years, top-performing students in exams like CAT, XAT or GMAT were also eligible for scholarships, but for 2025, all 500 scholarships will be awarded based solely on IBSAT performance. Students who meet the scholarship eligibility criteria set by IBS can apply. The scholarships reflect IBS’s commitment to rewarding academic excellence and encouraging students who work hard. All IBS campuses—including Ahmedabad, Gurgaon, Hyderabad, Bangalore (off-campus of Hyderabad), Kolkata, Jaipur, Pune, Dehradun, and Mumbai—offer these scholarships to honour and support high-achieving students.
IBSAT Scholarship Eligibility Criteria 2025
IBS offers scholarships to support deserving candidates pursuing MBA/PGPM programs across its campuses. The scholarships are designed to recognise academic excellence, support diversity and promote inclusion. Eligible candidates include top IBSAT performers, children of IBS alumni, wards of defence personnel, and physically challenged students. The criteria aim to ensure that meritorious and deserving applicants receive the financial assistance they need to pursue quality management education.
Also Check: Colleges Accepting IBSAT 2025 Score
IBSAT Scholarships Worth INR 10 Crore for the Class of 2025
IBS is committed to nurturing talent and empowering future business leaders by offering generous financial assistance. For the MBA/PGPM Class of 2025, IBS has allocated scholarships worth INR 10 crore to support 500 deserving candidates. These scholarships aim to reward academic excellence and promote diversity by recognising top performers in the IBSAT exam, children of IBS alumni, physically challenged candidates, and wards of defence personnel from the Army, Navy, Air Force and Paramilitary Forces.
Each selected applicant will receive a scholarship worth INR 2 lakh, which will be adjusted as INR 1 lakh each in the first and second term fee instalments.
Also Check: How to Prepare for IBSAT 2025 in 3 Months
How to Apply for IBS Merit-Based Scholarship 2025
ICFAI Business School offers merit-based scholarships to encourage and reward high-performing candidates applying for the MBA/PGPM programs. The scholarships aim to recognise top talent while providing financial support that motivates students to pursue management education at IBS. To avail the scholarship, candidates must follow certain eligibility conditions and complete key steps in the admission process.
Steps to Apply for IBS Merit-Based Scholarship 2025
- Appear for IBSAT 2025: Scholarships are only applicable to candidates who take and qualify the IBSAT 2025 entrance exam.
- Secure a Top Rank: To be eligible under the merit category, candidates must secure top scores or ranks in the IBSAT 2025 exam.
- Complete the Admission Process: Eligible candidates must complete the IBSAT 2025 Admission formalities, including acceptance of the offer, payment of the admission fee and submission of required documents.
- Register on the Specified Date: Students must register for the program on the official date provided by the institution to maintain scholarship eligibility.
- Scholarship Disbursement: Once admitted, the scholarship amount of INR 2 lakh will be adjusted in two instalments—INR 1 lakh each during the first and second terms of the program.
- Follow Usage Guidelines: The scholarship amount can only be used against the program fee. It is not applicable to any other charges such as hostel or exam fees.
- Adhere to Withdrawal Policy: If a student withdraws from the program after receiving the scholarship, the refund (if any) will be processed after deducting the scholarship amount already granted.
Wrapping Up
The IBSAT Scholarship 2025 is a great chance for students who want to study MBA or PGPM at ICFAI Business School. IBS is offering 500 scholarships, each worth INR 2 lakhs, to support top scorers and deserving students from different categories. The initiative not only encourages academic excellence but also promotes inclusivity by supporting wards of defence personnel, physically challenged students & children of IBS alumni. Candidates must appear for the IBSAT 2025 exam, complete the admission process, and meet all eligibility criteria to benefit from the scholarship. By offering scholarships across all its campuses, IBS continues to invest in nurturing future business leaders and making quality education more accessible.
