The Indus Business Academy in Bangalore offers a range of scholarships and awards totaling INR 5.46 crores for students who exhibit outstanding academic performance. These scholarships fall under different categories, each with its own eligibility criteria and award amount. The aim is to encourage and reward meritorious students and those in need of financial assistance. This article provides a comprehensive overview of these scholarships and awards.
- IBA - Meritorious Scholarships
- IBA - Atal Bihari Vajpayee Memorial Scholarship
- IBA - Fee Waiver for Economically and Need-based Candidates
- IBA - Special Scholarship for Defence & CRPF Personnel's Wards
- IBA - Overseas Business Studies Mission (OBSM)
- IBA - Awards Offered During the PGDM Program
- IBA - Awards Offered During the Day of Convocation
IBA - Meritorious Scholarships
These scholarships are awarded during the admission phase to students who have demonstrated exceptional performance in their past academic records. The scholarships under this category include:
| Scholarship | Eligibility | Amount (INR) |
| Pandit Jawaharlal Nehru Memorial Scholarship | Students with aggregate marks of 60% or above in Class X, XII, and Graduation | 40,000 |
| Sardar Vallabhbhai Jhaverbhai Patel Memorial Scholarship | Students with aggregate marks of 70% or above in Class X, XII, and Graduation | 50,000 |
| Netaji Subhas Chandra Bose Memorial Scholarship | Students with aggregate marks of 80% or above in Class X, XII, and Graduation | 60,000 |
IBA - Atal Bihari Vajpayee Memorial Scholarship
This scholarship is awarded to students who have not only performed well academically but also scored well in certain entrance tests. The award amount is based on the student's percentile in these tests.
| Percentile | Entrance Tests | Scholarship Amount (INR) |
| 85 percentile or above | CAT 2019/ XAT 2020/ GMAT/ GRE (after July 2019) / MAT 2019 & 2020/ ATMA 2020 / CMAT 2020 | 1,00,000 |
| 80 to 84.99 percentile | Composite Score of 700 or 749/90 to 94.99 percentile | 75,000 |
| 70 to 79.99 percentile | Composite Score of 650 or 699/80 to 89.99 percentile | 60,000 |
| 60.69 percentile | Composite Score of 600 or 649/70 to 79.99 percentile | 50,000 |
IBA - Fee Waiver for Economically and Need-based Candidates
This initiative is offered during the 3rd term of the PGDM program and it aims to provide financial assistance to economically disadvantaged students. Two scholarships fall under this category.
| Name | Amount (INR) | No. of Scholarships |
| Mother Teresa Fee Waiver | 25,000 – 35,000 | 10 |
| Tirthankara Mahavira Swami Fee Waiver | 25,000 – 35,000 | 10 |
IBA - Special Scholarship for Defence & CRPF Personnel's Wards
This scholarship provides a 25% fee waiver for the wards of Defence and CRPF Personnel. It is offered during the 2nd year of the PDGM Program.
IBA - Overseas Business Studies Mission (OBSM)
The OBSM is provided during the 2nd year of the PGDM program. The Top 100 performers in Academics are given an opportunity for an International Study Program (OBSM), during which they visit B-Schools and corporations in countries like Malaysia and Singapore.
IBA - Awards Offered During the PGDM Program
A range of awards are given to students who top in their academics during various trimesters of the PGDM program.
| Name | Criteria |
| Swami Vivekananda Memorial Award | Awarded to Topper in Academics in 1st Trimester |
| Dadabhai Naoroji Memorial Award | Awarded to 2nd Topper in Academics in 1st Trimester |
IBA - Awards Offered During the Day of Convocation
Several scholarships are awarded on the day of convocation, recognizing students who have excelled in various areas throughout the course of the program.
| Name | Criteria | No. of Scholarships | Amount (INR) |
| Dr. Anil Agarwal Memorial Award | Best IBA student (who excels in Academics & extracurricular activities in all the 6 Trimesters of the course) | 1 | 51,000 |
