IBS Gurgaon offers several scholarships to students as financial assistance. ICFAI Business School (IBS) offers IBSAT scholarships for top performers in the IBSAT test. These scholarships are open to candidates applying for the MBA/ PGPM programme. These scholarships aim to offer financial assistance to deserving candidates.
Scholarship 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.
Check the IBS Gurgaon scholarship criteria in the following table:
|
Scholarship |
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 the MBA/ PGPM programme |
|
Wards of Defence Personnel (In-service/retired) from Army, Air Force, Navy, and Paramilitary Forces |
Children of in-service or retired defence personnel from these forces applying for the MBA/ PGPM program |
IBS Gurgaon Scholarships FAQs
Candidates can check the FAQs below:
Yes, IBS offers scholarships to deserving and meritorious students. The college offers scholarships worth INR 10 crores exclusively for top performers in the IBSAT test and other entrance exams. 500 scholarships of INR 2 Lacs each are planned for the Class of 2029.
IBS Gurgaon PGPM course fee is INR 9.1 lakh. This total fee may include components such as the tuition fee, a one-time refundable security of INR 10,000. Candidates who get selected for the course are required to Refundable Caution Deposit with the first instalment of Tuition Fee at the time of admission. However, this fee is taken from unofficial sources and hence, is indicative. Students are requested to visit the official website to get more details on the IBS Gurgaon PGPM fee.
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Student Forum
Answered a year ago
Yes, IBS Gurgaon gives scholarships worth INR 10 crores to best performers of IBSAT 2025. A total of INR 2 Lacs is the value of every scholarship, of which INR 1 Lacs is adjusted in the first-term fee and INR 1 Lacs in the second-term fee.
a
Contributor-Level 9
Answered a month ago
ICFAI Business School offers IBSAT scholarships for various course students. This scholarship is provided to students who are top performers in the IBSAT test. The scholarship is available for those students who are applying for the MBA/PGPM programme and are taking the IBSAT test. Children of IBS
G
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
- 2nd Prize INR 1 Lakh
- 3rd Prize
R
Contributor-Level 10
Answered a month ago
IBSAT secures 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 (Commerce, BBA, Science, Engineering, Arts, etc.).
- Working Professionals: Individuals with 2 t
R
Contributor-Level 10
Answered a month ago
IBS Gurgaon application process is both online and offline mode. To submit offline applications, candidates can visit the campus in person. Application form can be purchased by payment of INR 1,800. Aspirants seeking admission through any other entrance test can visit the official website.
G
Contributor-Level 10







Yes, IBS Gurgaon offers scholarships to meritorious students. The scholarship is offered to the top performers in the IBSAT test. The main purpose of a scholarship is to offer financial assistance to deserving candidates. Scholarships offered at IBS Gurgaon are: