The ICFAI Business School (IBS) offers scholarship opportunities designed explicitly for top-performing candidates in the IBSAT examination. The scholarships are available to candidates applying for the PGPM program and planning to take the IBSAT exam in the same month. The primary objective of the IBS scholarships is to recognise academic excellence, offer financial aid to deserving candidates, and promote diversity and inclusivity within the IBS student community. To be eligible for IBSAT scholarships, candidates should rank in the top in the examination.
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IBS Ahmedabad IBSAT Scholarships
IBSAT scholarships are open to aspirants who secure top ranks in the IBSAT examination, children of IBS alumni applying for the PGPM program, physically challenged candidates applying for the PGPM program, and children of in-service or retired defence personnel from the Army, Air Force, Navy, and Paramilitary Forces applying for the PGPM program. The IBS Ahmedabad scholarships are part of an INR 10 crore scholarship fund.
| Scholarship | Eligibility |
| IBSAT Top Rankers | Candidates who secure top ranks in the IBSAT (respective academic year) |
| Children of IBS Alumni | Children of IBS alumni applying for the PGPM program |
| Physically Challenged Candidates | Candidates with physical disabilities applying for the PGPM program |
| Children of Defence Personnel (In-service/retired) from the Army, Air Force, Navy, and Paramilitary Forces | Children of in-service or retired defence personnel from these forces applying for the PGPM program |
IBS Ahmedabad Scholarships Worth INR 10 Crore
A host of scholarships amounting to INR 10 crore are up for grabs for top scorers in the IBSAT 2024 exam. A total of 500 scholarships will be distributed across all IBS institutions with each scholarship valued at INR 2,00,000. The scholarship amount can be adjusted against the program fee with INR 1,00,000 each applicable in the first and second term instalments.
| Scholarship | Eligibility |
| Top Performers in IBSAT 2024 | Candidates securing top positions in IBSAT 2024 |
| Children of IBS Alumni | Offsprings of IBS alumni |
| Physically Challenged Candidates | Candidates with physical disabilities |
| Children of Defence Personnel (In-service/retired) from the Army, Air Force, Navy, and Paramilitary Forces | Offspring of in-service or retired defence personnel from these forces |
IBS Ahmedabad Merit Scholarships for the Class of 2027
IBS aims to award 500 merit scholarships to deserving candidates from the Class of 2027. To be eligible for these scholarships, candidates must have appeared for and qualified in the IBSAT exam. Additionally, students must complete the admission process, pay the required admission fee, and register by the specified deadline. The awarded scholarship amount can only be adjusted against the program fee and cannot be used towards other expenses. In case of withdrawal from the program, any applicable fee refunds will be calculated after deducting the scholarship amount.
| Scholarship | Eligibility | Amount |
| Merit Scholarship for Class of 2027 | Candidates who have appeared and qualified in the IBSAT test | INR 2,00,000 (INR 1,00,000 each in first and second term) |
IBS Ahmedabad Scholarship FAQs
Does IBS Ahmedabad offer scholarships to MBA students?
Yes, IBS Ahmedabad provides scholarships to support deserving students. These are mainly offered through IBSAT-based merit and academic performance criteria.
What are the IBSAT scholarships at IBS Ahmedabad?
IBSAT scholarships are awarded to students who score well in the entrance test. Selection depends on performance and the availability of scholarship slots.
How much is the total scholarship pool at IBS Ahmedabad?
IBS Ahmedabad has announced scholarships worth INR 10 crore.
Who is eligible for merit scholarships at IBS Ahmedabad?
Merit scholarships are given to students with strong academic records and good IBSAT scores. Final selection is based on overall performance during the admission process.
Are merit scholarships available for the Class of 2027 at IBS?
Yes, IBS Ahmedabad offers merit scholarships specifically for the Class of 2027. These are awarded at the time of admission to selected candidates.
Do scholarships cover full tuition fees at IBS Ahmedabad?
Some scholarships offer partial fee waivers, while a few high-performing students may receive higher benefits. The exact amount depends on the scholarship category.
Is the scholarship continued in the second year at IBS?
Scholarships can be continued if students maintain the required academic performance. The institute reviews eligibility before renewing the benefit.
How can students apply for IBS Ahmedabad scholarships?
Eligible students are automatically considered during the admission process. Separate applications are usually not required.