The ICFAI Business School is pleased to announce scholarships for top performers in the upcoming IBSAT-2023 exam, scheduled for the third week of December 2023. Candidates taking the IBSAT test in December 2023 and applying for the MBA/PGPM program can apply for these scholarships.

IBS Ahmedabad Scholarship Eligibility

The aim of this scholarship is to provide financial assistance to deserving candidates, encouraging diversity and inclusivity within the student community at IBS Ahmedabad by giving academic excellence rewards.

IBSAT 2023 Test Scholarships Eligibility Criteria of IBSAT 2023
Scholarship for Toppers of IBSAT Top rankers in IBSAT
Scholarship for Wards of IBS Alumni Applicable for children of IBS alumni applying for the MBA/PGPM program
Scholarship for Physically Challenged Candidates Candidates with physical disabilities applying for the MBA/PGPM program
Scholarship for wards of Defence Personnel (In-service/retired) from Army, Airforce, Navy, and Paramilitary Forces Children of in-service or retired defense personnel from these forces applying for MBA/PGPM program

Scholarships of Rs 10 crore

The IBS is committed to nurturing talent and supporting aspiring business leaders. The institution has provided scholarships worth Rs 10 crore to individuals who excel in the IBSAT test, are children of IBS alumni, are physically disabled, or are the children of retired or in-service military personnel, including the Army, Air Force, Navy, and Paramilitary Forces, in order to realize this vision.

scholarships for Merit for 2026 Batch

The aim of the IBS is to provide the 500 merit scholarships award to deserving candidates falling under the aforementioned categories of the 2026 batch. Each candidate will be provided with Rs 2 lakhs for each scholarship with the flexibility of paying Rs 1 lakh in the first and second-term installments against the program fee.

Merit Scholarships with Terms and Conditions

Candidates must fulfill the following terms and conditions to avail of these prestigious scholarships

  1. Eligibility: Candidates who have appeared for the IBSAT-2023 test and have successfully qualified can avail of this scholarship.
  2. Admission and Registration: Students are required to finish the admission process, pay the necessary fees, and enroll on the designated date to qualify for the scholarship.
  3. Applicability: A scholarship award can only be applied to the program fee and payment and cannot be used for any other purpose.
  4. Withdrawal Policy: If a student withdraws from the program, the refund will be calculated after deducting the scholarship amount.

The aim of the IBS is to maintain a high standard of excellence in management education. Through awarding scholarships to deserving candidates, the aim of the IBS is to open up opportunities and cultivate a diverse group of future business leaders who will make valuable contributions to the growth and success of organizations and society at large.