IBS Ahmedabad offers several scholarships to students as financial assistance. ICFAI Business School (IBS) offers IBSAT-2027 scholarships, for top performers in the IBSAT test, with the last date to apply being in the third week of December 2026. These scholarships are open to candidates applying for the MBA/ PGPM programme. These scholarships aim to offer financial assistance to deserving candidates. Check the IBS Ahmedabad scholarship criteria in the following table:

Important Points To be Remembered:

To support merit and inclusivity, IBS offers 500 scholarships worth INR 2 Lakh each (Total - INR 10 Crore). Key eligibility categories include:

  • Merit / Test Toppers: Top performers in IBSAT 2026, CAT, XAT, GMAT, or NMAT by GMAC.
  • Wards of IBS Alumni: Children of former IBS graduates.
  • Wards of Defense Personnel: Children of serving or retired personnel from the Army, Air Force, Navy, and Paramilitary Forces.
  • Physically Challenged Applicants: Differently-abled candidates meeting prescribed criteria.

Scholarships from IBSAT 2027 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

Download IBS Ahmedabad Scholarship Brochure

Q:   How much is the PGPM fees at IBS Ahmedabad?
A:

The fees for two-year PGPM course is INR 9.09 lakh at IBS Ahmedabad. Aspirants also have pay a refundable caution deposit of INR 10,000 with first installment of the fees. Candidates have to pay the course fees to confirm their seat.

Q:   How can I apply for scholarships at IBS Ahmedabad?
A:

Candidates must pass IBSAT test and complete PGPM admission process to apply for IBS Ahmedabad scholarships. Candidates must apply on the mentioned date on the school's website to be eligible for the scholarship. 

Q:   Who can get scholarship at IBS Ahmedabad?
A:

IBS Ahmedabad offers scholarships worth INR 10 crore to meritorious students. The scholarships are offered to:

  • Toppers in IBSAT/ CAT/ XAT/ NMAT by GMAC/ GMAT
  • Wards of IBS Alumni
  • Physically Challenged Candidates
  • Wards of Defence Personnel (In-service/retired) from Army, Airforce, Navy, and Paramilitary Forces
Q:   Does IBS Ahmedabad offer scholarships to PGPM students?
A:

Yes, the IBS Ahmedabad offers scholarships up to 2 Lacs to PGPM students. The scholarship is provided on the basis of various eligibility criteria. The scholarship was offered to the following students:

  • Who have excellent performance on the entrance exam

  • Those who are wards of defense personnel (serving/retired) from the army, air force, navy, and paramilitary forces.

  • Wards of IBS alumni

  • Physically challenged candidates

 

Reviews (Showing 6 of 28 reviews)

Overall Rating (Out of 5)

4.1

Based on 26 Verified Reviews

Distribution of Rating

Component Ratings (Out of 5)
Placements
4.1
Infrastructure
3.8
Faculty & Course Curriculum
4.3
Crowd & Campus Life
4.0
Value for Money
4.1
The Verified badge indicates that the reviewer's details have been verified by Shiksha, and reviewers are bona fide students of this college. These reviews and ratings have been given by students. Shiksha does not endorse the same. Out of 28 published reviews, 26 reviews are verified.
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G
Gaurav Bajaj | Post Graduate Program in Management (PGPM) - Batch of 2020
Reviewed on 6 Apr 2019
Verified
4.4
Placements 4 Infrastructure 4 Faculty & Course Curriculum 5 Crowd & Campus Life 4 Value for Money 5
This college makes ordinary students to extraordinary corporates.

Placements: The institute provides very good placements. All average and below average students at least get placed. All students get salary packages according to their capacity and intelligence. The college has great market value in some good Indian companies. The college also provides international placements. Mainly bank firms like HDFC Bank, ICICI Bank, IndusInd Bank, etc., are mass recruiters.

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D
Deepak Sharma | Post Graduate Program in Management (PGPM) - Batch of 2020
Reviewed on 6 Apr 2019
Verified
4.0
Placements 3 Infrastructure 4 Faculty & Course Curriculum 4 Crowd & Campus Life 5 Value for Money 4
It is a place to learn, enjoy, explore, and develop.

Placements: Placements in our college are really fantastic. Some good bank firms and financial institutions visit the campus for recruitment. FMCG companies are very low. Some companies of FMCG visited the campus and hired students of our senior batch. Every student gets a salary package according to their capabilities and knowledge.

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P
Palak Shah | Post Graduate Program in Management (PGPM) - Batch of 2020
Reviewed on 5 Apr 2019
Verified
4.4
Placements 5 Infrastructure 3 Faculty & Course Curriculum 5 Crowd & Campus Life 5 Value for Money 4
Our college provides full growth for students.

Placements: Currently, I am doing an internship, but according to our seniors, there are more than 98% placements. For internships, many good companies like HDFC Bank, ICICI Bank, Big Basket and Amul visit our college. Mainly financial firms and banks visit here for recruitment.

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S
Saumya Sinha | Post Graduate Program in Management (PGPM) - Batch of 2019
Reviewed on 5 Apr 2019
Verified
4.8
Placements 5 Infrastructure 5 Faculty & Course Curriculum 5 Crowd & Campus Life 4 Value for Money 5
A place which makes ordinary students to extraordinary corporates.

Placements: Institute tries to give 100% placement. Institute provides choice to each student for their choice and in which field they want to work including banking, finance, FMCG. College is visited by many good companies like HDFC bank, Amul, ICICI bank etc. All over placement is good.

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K
Kshitij Mahuri | Post Graduate Program in Management (PGPM) - Batch of 2019
Reviewed on 2 Apr 2019
Verified
4.2
Placements 5 Infrastructure 5 Faculty & Course Curriculum 4 Crowd & Campus Life 3 Value for Money 4
College doesn't give admission to brilliant people but definitely makes average people brilliant.

Placements: All other colleges provide placements to some extraordinary students while IBS provide placements to all students at least. The college has its own placement department. The average salary package can be scaled to 5 LPA, which is a good package. Mainly banks and financial institutions visit here for placements. Some very good companies like HDFC Bank, ICICI Bank, Bandhan Bank, Zydus, visit here for placement purpose.

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S
Sagar Londhe | Post Graduate Program in Management (PGPM) - Batch of 2019
Reviewed on 2 Apr 2019
Verified
4.6
Placements 5 Infrastructure 4 Faculty & Course Curriculum 5 Crowd & Campus Life 4 Value for Money 5
A place which must be visited and enjoyed.

Placements: Institute always tries to give 100% placement. After completion of course still Institute tries hard to settle down all unplaced students. 95% students get placed before last semester exams. Some students also get placed in starting of 3rd semester. Maximum package of college is 6.5 LPA which is quite good. Some students also get international placements in Dubai.

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Answered 3 years ago

IBS Bangalore offers scholarships to students based on IBSAT 2023 results. Scholarships are available for the following categories:

  1. IBSAT 2023 toppers
  2. Physically challenged candidates
  3. Children of IBS alumni and
  4. Children of defence personnel (serving or retired) from the Army, Air Force, Navy, and Parami

...Read more

M

Maaz Khan

Contributor-Level 10

Answered a month ago

ICFAI Business School Ahmedabad accepts candidates from diverse academic & professional backgrounds:  

Graduates & Final-Year Students: Candidates who have completed graduation or are currently in their final year in any discipline like Commerce, BBA, Science, Engineering, Arts.

Working Professionals:

...Read more

R

Rakshit Prabhakar

Contributor-Level 10

Answered a month ago

The IBSAT 2026 is a 2-hour computer-based test containing 140 MCQs. It features zero negative marking and no sectional time limits.

Section No

Section Name

Marks

1

Verbal Ability

50

2

Reading Comprehension

30

3

Quantitative Aptitude

30

4

Data Adequacy & Interpretation

30

TOTAL

140

National Mock Tests

Aspirants can prepare and practice through proctored Free National Mock Test with 100 prizes to win.

  • 1st Prize INR 2 Lakh
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R

Rakshit Prabhakar

Contributor-Level 10

Answered a month ago

Candidates in the final year of bachelor's degree can apply for PGPM course of IBS Ahmedabad provided admission is provisional. Candidates must pass graduation before May 31, 2027. They also need to submit the marksheets and certificates for final admission.

 

N

Nishtha Shukla

Guide-Level 15

Answered a month ago

IBS Ahmedabad offers admission in PGPM based on entrance exam scores. Candidates are shortlisted based on their scores in CAT, XAT, NMAT or GMAT. Aspirants can also appear for IBSAT for admission. Selected candidates are called for micro presentation and personal interview round for final admission.

N

Nishtha Shukla

Guide-Level 15