ICFAI Business School Bangalore Scholarship 2026

Bangalore, KarnatakaEstd 1995
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Collegedunia Team

Content Curator | Updated 3+ months ago

ICFAI Business School (IBS) is offering scholarship exclusively designed for top performers in the IBSAT test, which is scheduled to be held in the 3rd week of December 2024. These scholarships are open to candidates applying for the MBA/PGPM programme and taking the IBSAT test in December 2024.

These scholarships aim to reward academic excellence and provide financial assistance to deserving candidates, encouraging diversity and inclusivity within the student community at IBS. Below detailed are the eligibility criteria for the scholarship:  

Scholarships from IBSAT 2024 Test

Eligibility Criteria

For Toppers in IBSAT

Candidates who secure top ranks in IBSAT

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

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

Scholarships worth INR 10 crore

IBS Bangalore offers scholarships to its students based on score in IBSAT 2024. IBS has announced scholarships worth Rs. 10 Crores exclusively for top performers in the IBSAT-2024 test, scheduled for December 28-29, 2024.

Eligibility Criteria:

  • For Toppers in IBSAT Candidates who secure top ranks in IBSAT 2024
  • For Wards of IBS Alumni
  • For Physically Challenged Candidates
  • For Wards of Defence Personnel (In-service/retired) from Army, Airforce, Navy, and Paramilitary Forces.

A total of 500 scholarships will be distributed by IBS across all its institutions. Each scholarship amounts to Rs 2 lakh per candidate, with the flexibility of adjusting Rs 1 lakh each in the first and second term installments against the program fee.

Merit scholarships for the Class of 2027

IBS aims to award 500 merit scholarships for the class of 2027 to deserving candidates falling under the aforementioned categories. Each scholarship amounts to INR 2 lakh per candidate, with the flexibility of adjusting INR 1 lakh each in the first and second-term installments against the program fee.

Terms and Conditions for Merit Scholarships

To avail these prestigious scholarships, candidates must fulfill the following terms and conditions:

  1. Eligibility: Scholarships will only be offered to candidates who have appeared for the IBSAT-2024 test and have successfully qualified.
  2. 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.
  3. 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.
  4. 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.

IBS continues to set a benchmark for excellence in management education. With its commitment to providing scholarships to deserving candidates, IBS aims to unlock opportunities and create a diverse pool of future business leaders who will contribute to the growth and success of organisations and society as a whole.

ICFAI Business School Bangalore Scholarships: Students' Opinion

AI-Generated Summary based on 21 Reviews

The college offers scholarships based on merit and special categories. Scholarships are available for students who achieve high academic scores, with specific amounts awarded based on CGPA: over 8 CGPA earns 20k, over 8.5 CGPA earns 30k, over 9 CGPA earns 40k, and over 9.5 CGPA earns 50k per semester.

Scholarships are also available for those with high CAT scores or top IBSAT exam scores. Additionally, the college facilitates education loans through partnerships with several banks, including HDFC and ICICI, offering interest rates between 9.5% to 10.5%. The Hyderabad campus charges Rs. 1,700,000 for the MBA program, while the Bangalore campus charges Rs.

1,204,000. The average placement package is around 8 lakhs per annum, and the college provides internship opportunities with a stipend of approximately Rs. 15,000.

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 By Collegedunia’s Personal AI

Comments


Found 1 Comment

S
sapna
Apr 15, 2024 12:52
What are the different scholarships and financial aid options available to meritorious students, and how can students apply for these scholarships?
S
Sweta Kumari
Apr 15, 2024 15:38

These scholarships aim to reward academic excellence and provide financial assistance to deserving candidates, encouraging diversity and inclusivity within the student community at IBS. IBS believes in nurturing talent and supporting aspiring business leaders. To realise this vision, the institution has allocated scholarships worth INR 10 crore to commendable individuals who excel in the IBSAT test, are children of IBS alumni, belong to the physically challenged category, or are from the families of in-service or retired defence personnel from the Army, Air Force, Navy, and Paramilitary Forces. Students must complete the admission process, pay the requisite admission fee, and register on the specified date to be eligible for the scholarship. The awarded scholarship amount can be adjusted solely against the program fee and payment and cannot be utilised for any other purposes or fees.


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