The ICFAI Business School (IBS) offers scholarships for exceptional performers in the IBSAT test. The scholarships will be awarded to candidates who will be sitting for the IBSAT testand are applying for the MBA program. The scholarships are designed to recognise academic excellence and provide financial assistance to deserving candidates.
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IBS Bangalore Scholarships 2026
The IBSAT scholarship is available to candidates from various categories. This includes those who attain top ranks in the IBSAT exam, children of IBS alumni applying for the MBA program, physically challenged candidates applying for the MBA program, and children of in-service or retired defence personnel from the Army, Air Force, Navy, and Paramilitary Forces applying for the MBA program.
| Scholarship | Eligibility Criteria |
| IBSAT 2025 Top Rankers | Candidates who secure top ranks in IBSA |
| Wards of IBS Alumni | Children of IBS alumni applying for the MBA program |
| Physically Challenged Candidates | Candidates with physical disabilities applying for the MBA program |
| Wards of Defence Personnel (In-service/retired) from Army, Air Force, Navy, and Paramilitary Forces | Children of in-service or retired defence personnel from these forces applying for the MBA program |
IBS Bangalore Merit Scholarships for the Class of 2027
IBS is committed to awarding 500 merit scholarships for the class of 2027 to deserving candidates who meet the previously mentioned criteria. Each scholarship is valued at INR 2,00,000 per candidate, with the flexibility of adjusting the amount by INR 1,00,000 in the first and second-term instalments against the program fee.
IBS Bangalore Terms and Conditions for Merit Scholarships
To qualify for the IBS Bangalore scholarships, candidates must fulfil certain conditions. These include appearing for the IBSAT test and qualifying for it, completing the admission process, paying the requisite admission fee, and registering on the specified date. The scholarship amount can only be adjusted against the program fee and payment, and cannot be utilised for any other purposes or fees. In the event of a student's withdrawal from the program, any applicable fee refunds will be calculated after deducting the scholarship sum previously granted.
IBS continues to push the boundaries of excellence in management education. By distributing scholarships to deserving candidates, IBS aims to unlock opportunities and cultivate a diverse group of future business leaders who will contribute to the growth and success of organisations and society.
IBS Bangalore Scholarship FAQs
Does IBS Bangalore offer scholarships to MBA students?
Yes, IBS Bangalore offers merit-based scholarships to eligible MBA students through the IBSAT scholarship scheme. These scholarships are provided to recognise academic excellence and support deserving candidates financially.
Who is eligible for IBS Bangalore scholarships?
IBS Bangalore scholarships are available for IBSAT top rankers, wards of IBS alumni, physically challenged candidates, and children of serving or retired defence personnel from the Army, Air Force, Navy, and Paramilitary Forces.
What is the scholarship amount offered at IBS Bangalore?
IBS Bangalore offers scholarships worth INR 2 lakh per student. The scholarship amount is adjusted against the MBA program fee in two instalments of INR 1 lakh each during the first and second terms.
Is IBSAT mandatory to avail scholarships at IBS Bangalore?
Yes, candidates must appear for and qualify in the IBSAT exam to become eligible for IBS Bangalore merit scholarships. Students applying only through CAT, XAT, NMAT, or GMAT are generally not considered for IBSAT-based scholarship benefits.
Can defence personnel's wards apply for IBS Bangalore scholarships?
Yes, children of serving or retired defence personnel from the Army, Air Force, Navy, and Paramilitary Forces are eligible to apply for scholarship benefits at IBS Bangalore, subject to the institute's guidelines and eligibility criteria.
What are the conditions to continue the IBS Bangalore scholarship?
Students must complete the admission process, pay the required admission fee, and register within the specified timeline to avail the scholarship. The scholarship amount can only be adjusted against the MBA program fee and cannot be used for other expenses.
