IBS scholarships can offer a discount of upto INR 10 crore on the tuition fee to the top scorers of the IBSAT. In addition to the test score, students must also fulfill the eligibility criteria to apply for these scholarships.
Important Points:
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.
The eligibility criteria to apply for IBS Bangalore scholarships has been mentioned below:
|
Scholarships from IBSAT 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 |
IBS has an aim to award 500 merit scholarships to the students of class 2028 who are deserving candidates for these categories given above. Each scholarship amounts to INR 2 lakh per student.
Terms and Conditions for Scholarships
To avail themselves of these prestigious scholarships, candidates must fulfil the following terms and conditions:
- Eligibility: Scholarships will only be offered to candidates who have appeared for the IBSAT exam and successfully qualify for admissions.
- Admission and Registration: Only the students who have completed the admission process are eligible for the scholarship.
- Applicability: The awarded scholarship amount can be adjusted only against the course fee and payment. It cannot be utilised for any other purposes.
- Withdrawal Policy: If a student exits from the course, any fee refunds will be calculated after deducting the scholarship sum granted before.
IBS Bangalore Scholarships FAQs
Candidates can check the FAQs below:
To apply for scholarships offered at IBS Bangalore, students need to qualify IBSAT test, complete regular MBA admission process and meet eligibility criteria of scholarships. To know latest updates, check official website regular. Many of these scholarships automatically gets awarded to eligible candidates, not all require seperate scholarship applications.
IBS Bangalore MBA fees of INR 13.05 Lakhs covers tuition costs only. Your regular living expenses, food bills, and hostel stay charges are completely extra. You must budget for these personal costs separately before moving to the city. The campus team can help you find good nearby housing options.
There is no MBA in Agri Bussiness Management is not offered at ICFAI Business School Pune
It only has one course in MBA that is Post Graduate Diploma in Management (PGDM)
Total Fees Post Graduate Diploma In Management (PGDM) is 9.09L for 2 years.
Reviews (Showing 3 of 3 reviews)
Placements: About 80–90% of students are placed every year in IBS. The average package offered is 7–10 LPA, and the highest salary package offered was 36 LPA. The top recruiters are Deloitte, HDFC, Cognizant, KPMG, etc. The top roles offered in our course are business analyst, consultant, Human resources manager, sales manager, etc. Around 100% of students get internships at our college.
Placements: Our college provides good placements. Top recruiting companies are Big 4, Accenture, EY, PWC, etc. The salary package offered ranges between 7 LPA - 16 LPA. They offer salary packages depending on students' capabilities.
Placements: The college has an excellent track record of 98% placements. The average salary package offered is 7 LPA, and the highest salary package goes up to 11 LPA. Some top recruiting companies are PWC, Deloitte, Accenture, Schneider Electric, etc.
News & Updates
- Chat with our counsellor
- Get your personalised list of colleges & exams matching your preferences
Know more about this College
- IBS Bangalore Scholarship Details
- IBS Bangalore Latest News & Notifications 2026
- IBS Bangalore Courses & Fees 2026: UG, PG Courses
- IBS Bangalore Placements 2025: Highest Package, Average Package, Top Recruiters
- IBS Bangalore Cutoff
- IBS Bangalore Answered Questions
- IBS Bangalore Faculty Details & Reviews
- IBS Bangalore Infrastructure Details & Reviews
Photos & Videos
+4
Student Forum
Anything you would want to ask experts?Answered a month ago
ICFAI management announced INR 10 Crore scholarship pool for MBA batches. These awards aim to support students with top-tier academic records. Both entrance exam toppers and high achievers can benefit from this fund. It reduces the financial burden on deserving management aspirants significantly.
R
Contributor-Level 9
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
- 2nd Prize INR 1 Lakh
- 3rd Prize
R
Contributor-Level 10
Answered a month ago
Students can apply for IBSAT entrance exam from diverse academic & professional backgrounds:
- Candidates who have completed graduation or are currently in their final year in any discipline (Commerce, BBA, Science, Engineering, Arts, etc.).
- Working Professionals with 2 to 3 years of work experience
R
Contributor-Level 10
Answered a month ago
No, IBS Bangalore does not offer direct admission. Aspirants are selected for MBA via entrance exam scores (IBSAT, CAT, MAT, XAT, etc.) followed by Micro Presentation and PI round.
N
Guide-Level 15
Answered a month ago
CAT is one of the accepting exams for admission in MBA programme at IBS Bangalore. However, it is not compulsory. Candidates can also get admission in MBA via MAT, XAT, GMAT, IBSAT and other entrance exam scores.
N
Guide-Level 15
IBS Bangalore provides scholarships to meritorious students via IBSAT or scores in accepted entrance exam. The school offers scholarships to aspirants falling under below categories: