The ICFAI Business School (IBS) is proud to offer scholarships to high-performing students in the IBSAT test, slated for the third week of December 2024. These scholarships are intended for students applying to the MBA/PGPM programme and planning to take the IBSAT test in December 2024. The objective of these scholarships is to recognize and reward academic achievement, provide much-needed financial aid to deserving students, and promote a diverse and inclusive student body at IBS. The eligibility criteria for these scholarships are detailed below.
IBS- Scholarships from IBSAT 2024 Test
IBS Kolkata has set aside scholarships specifically intended for top performers in the IBSAT-2024 test. The scholarship program is tailored to cater to a wide range of students, including IBSAT toppers, children of IBS alumni, physically challenged candidates, and children of defence personnel (both in-service and retired).
| Scholarship Category | Eligibility |
| For Toppers in IBSAT | Candidates who secure top ranks in IBSAT 2024 |
| For Wards of IBS Alumni | Children of IBS alumni applying for the MBA/PGPM programme |
| For Physically Challenged Candidates | Candidates with physical disabilities applying for MBA/PGPM programme |
| For Wards of Defence Personnel (In-service/retired) from Army, Airforce, Navy, and Paramilitary Forces | Children of in-service or retired defence personnel from these forces applying for MBA/PGPM program |
IBS- Merit Scholarships for Class of 2027
With a vision to reward academic excellence, IBS intends to distribute 500 merit scholarships for the class of 2027. These scholarships, each valued at INR 2,00,000, are offered to candidates fitting the aforementioned categories. Each scholarship can be adjusted against the programme fee in two instalments of INR 1,00,000 each, in the first and second terms.
IBS- Terms and Conditions for Merit Scholarships
To avail these scholarships, candidates must adhere to the following terms and conditions:
| Eligibility Criteria | Condition |
| Scholarship Eligibility | Scholarships will only be offered to candidates who have appeared for the IBSAT-2024 test and have successfully qualified. |
| Admission and Registration | Students must complete the admission process, pay the requisite admission fee, and register on the specified date to be eligible for the scholarship. |
| Applicability | The awarded scholarship amount can be adjusted solely against the program fee and payment and cannot be utilised for any other purposes or fees. |
| Withdrawal Policy | In the event of a student's withdrawal from the programme for any reason, any applicable fee refunds will be calculated after deducting the scholarship sum granted earlier. |
By consistently setting a high standard in management education and providing scholarships to deserving students, IBS is committed to fostering a diverse pool of future business leaders. These leaders are expected to greatly contribute to the progress and success of various organizations and the society at large.
