The ICFAI Business School (IBS) is pleased to present scholarships exclusively tailored for exceptional performers in the IBSAT test. These scholarships will be awarded to candidates who will be sitting for the IBSAT test in December 2024 and are applying for the MBA/PGPM programme. The scholarships are intended to acknowledge scholastic achievement and provide financial aid to deserving candidates, thereby promoting diversity and inclusivity within the student body at IBS. The following details outline the eligibility criteria for the scholarship:
IFHE- Scholarships from IBSAT 2024
The IBSAT 2024 scholarship is designed for various categories of candidates. This includes those who attain top ranks in the IBSAT exam, children of IBS alumni applying for the MBA/PGPM programme, physically challenged candidates applying for the MBA/PGPM programme, and children of in-service or retired defence personnel from the Army, Airforce, Navy, and Paramilitary Forces applying for the MBA/PGPM programme.
| Scholarship | Eligibility Criteria |
| IBSAT 2024 Top Rankers | Candidates who secure top ranks in IBSAT 2024 |
| Wards of IBS Alumni | Children of IBS alumni applying for the MBA/PGPM programme |
| Physically Challenged Candidates | Candidates with physical disabilities applying for MBA/PGPM programme |
| 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 |
IFHE- IBS Bangalore Scholarships
IBS Bangalore is offering scholarships based on the score obtained in IBSAT 2024. There are 500 scholarships in total, each amounting to INR 2,00,000 per candidate. The scholarship amount can be adjusted in the first and second term installments against the program fee.
| Scholarship | Eligibility Criteria | Scholarship Amount |
| IBSAT 2024 Top Rankers | Candidates who secure top ranks in IBSAT 2024 | INR 2,00,000 |
| Wards of IBS Alumni | Children of IBS alumni applying for the MBA/PGPM programme | INR 2,00,000 |
| Physically Challenged Candidates | Candidates with physical disabilities applying for MBA/PGPM programme | INR 2,00,000 |
| 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 | INR 2,00,000 |
IFHE- Merit Scholarships for the Class of 2027
IBS is dedicated to distributing 500 merit scholarships for the class of 2027 to deserving candidates who align with the previously mentioned categories. Each scholarship is valued at INR 2,00,000 per candidate, with the flexibility of adjusting INR 1,00,000 each in the first and second-term installments against the program fee.
IFHE- Terms and Conditions for Merit Scholarships
In order to qualify for these scholarships, candidates must fulfill certain conditions. These include appearing for the IBSAT-2024 test and qualifying 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 utilized for any other purposes or fees. In the event of a student's withdrawal from the programme, any applicable fee refunds will be calculated after subtracting the scholarship sum granted earlier.
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 organizations and society.
