The ICFAI Business School (IBS) offers scholarships tailored for high performers in the IBSAT test, which is slated to take place in the third week of December 2024. Open to candidates applying for the MBA/PGPM programme and sitting for the IBSAT test in December 2024, these scholarships strive to acknowledge academic performance and extend financial aid to deserving candidates - fostering an environment of diversity and inclusivity within the IBS student body. This article elaborates on the eligibility criteria for these scholarships.
IBS- Scholarships from IBSAT 2024 Test
IBS proffers scholarships exclusively for top performers in the IBSAT 2024 test. Recipients are chosen across different categories, including top rank holders in the IBSAT, children of IBS alumni, physically challenged candidates, and wards of in-service or retired defence personnel from the Army, Airforce, Navy, and Paramilitary Forces.
| Scholarship | 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 disabilities applying for the 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 the MBA/PGPM program |
IBS- Merit Scholarships for Class of 2027
Maintaining its commitment to rewarding deserving candidates, IBS offers 500 merit scholarships for the class of 2027. These scholarships, valued at INR 2,00,000 per candidate, provide the flexibility of adjusting INR 1,00,000 each in the first and second-term installments against the program fee.
IBS- Terms and Conditions for Merit Scholarships
To be eligible for these merit scholarships, candidates must meet several conditions. The scholarships are exclusively for candidates who have taken and successfully passed the IBSAT-2024 test. In addition, students need to complete the admission process, pay the requisite admission fee, and register on the specified date. The granted scholarship can be solely used against the program fee and cannot be diverted for other purposes. In case of withdrawal from the programme, any applicable fee refunds will be calculated after deducting the scholarship sum awarded earlier.
IBS, through its scholarship programs, continues to establish a standard of excellence in management education. It aims to create a diverse group of future business leaders who will contribute significantly to the growth and success of organizations and society at large.
