ICFAI Business School Bangalore Scholarship 2025

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.

...Read More
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Why To Join ICFAI Business School Bangalore - Reviews & Rating

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5(62%)
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Academic
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4.3
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3.5
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3.9
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Rohit kushwaha
Rohit kushwaha
4.6Helpful
Reviewed on Oct 20, 2024(Enrolled 2024)

Fees and Financial Aid:

The total fee is 1204000 for two years and has a average placement of 8 lakhs per annum Caution fee is 10k which is refundable and it provide courses like MBA , LLB , BBA . The campus is located at very nice place and cover with lot of greenery and has a beautiful college interiors and great faculties
...Read More
YASHIKA
YASHIKA
3.9Helpful
Reviewed on Jan 17, 2024(Enrolled 2023)

Student Snaps:

Fees and Financial Aid:

Fees are high as compare to their ROI I find the internship on my own as the college provides startup internships. They are helping students get internships, but the placement rate is lower than last year.
...Read More
SHYAM KISHORE KASHEEPURI
SHYAM KISHORE KASHEEPURI
4.0Helpful
Reviewed on Jul 3, 2023(Enrolled 2022)

Fees and Financial Aid:

Previously, the campus offered a PGP program. But my Batch, I started the MBA program under the Hyderabad campus. The fee in Hyderabad is Rs.1700000 without accommodations where The Bangalore campus charges Rs.1200000 without accommodations. For the Fee payment structure, They have multiple banks collaborating with low-cost EMI options. The Bangalore campus also offers internship opportunities after the end of SEM 2, and the stipend is expected to be Rs. 15000 approximately. The companies are mostly giving us corporate exposure and I worked with the Sports Retail company Decathlon.
...Read More
Vivek Kumar
4.3Helpful
Reviewed on Nov 29, 2022(Enrolled 2022)

Fees and Financial Aid:

They provide scholarships as well as financial assistance. All the students so who can't afford it can easily afford the fee. The college has quite good scholarship options for the students who secured good in the entrance exam. The fee hike is not that much great but as all college hike fees they also hike the fees.
...Read More
Shikhar lohia
5.0Helpful
PGPM, General
Reviewed on Aug 16, 2020

Fees and Financial Aid:

Yes i availed, education loan for my study in the college.The college helped Me getting my loan as they have tie up with many banks.
...Read More
Simran khuntia
5.0Helpful
Pgpm (MBA)
Reviewed on Jul 23, 2020(Enrolled 2019)

Fees and Financial Aid:

Yes the college offer scholarship opportunities the eligibility criteria is 90 percentage exactly I don't know
...Read More
Anjali Khanna
4.5Helpful
PGPM, General
Reviewed on Apr 13, 2020

Fees and Financial Aid:

Our college provides two scholarships scheme for the students, the first one is the scholarships for meritorious students who have score topper marks in their past academic and the 2nd scheme is for the weak students.
...Read More
Abhishek rout
3.3Helpful
PGPM, General
Reviewed on Feb 7, 2020

Fees and Financial Aid:

Our college also reviews from cat score so basically if a higher percentile student opts to ibs he/she will be given a scolarship depending on thier percentile.or else a student with higher percentage in ibsat exam also can be given a scolarship. And rest regarding loan i have no idea as i didnt apply for it
...Read More
Sharath L S
3.1Helpful
PGPM, General
Reviewed on Jan 29, 2020

Fees and Financial Aid:

Since it is a business school they don't offer any scholarship and they don't even offer loan, however they do have tie ups with CRIDLA and other financings agencies other than that there are other banks executives who comes and offer educational loan
...Read More
Dev Shah
Dev Shah
4.8Helpful
PGPM, General
Reviewed on Dec 12, 2018

Fees and Financial Aid:

Yes, scholorships are to be offerred for which students have to give exams and then clear it and scholorships are offered by alumni of the college
...Read More

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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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