IBS Kolkata offers several scholarships to students as financial assistance. ICFAI Business School (IBS) offers IBSAT-2026 scholarships for top performers in the IBSAT test, which is scheduled to be held in the last 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 Kolkata scholarship criteria in the following table:
|
Scholarships from IBSAT 2026 Test |
Eligibility Criteria |
|---|---|
|
For Toppers in IBSAT / National Exams |
Candidates who secure top ranks or high scores in IBSAT 2026, CAT, XAT, GMAT, or NMAT |
|
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, Airforce, Navy, and Paramilitary Forces |
Children of in-service or retired defence personnel from these forces applying for the MBA/PGPM program |
Eligibility Categories
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Wards of IBS alumni
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Top rankers in IBSAT exam.
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Wards of defence personnel (serving/retired from the Paramilitary Forces, Army, Navy, Air Force )
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Physically challenged candidates
A total of 500 scholarships of INR 2 lakh each are planned for the Class of 2028 students. The amount will be adjusted—INR 1 lakh each—against the first and second term programme fee instalments.
Terms and Conditions
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If a student withdraws, the scholarship amount will surely be deducted before any applicable refund of the fee.
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Admission formalities, such as fee payment and registration, must be completed on time.
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Candidates must appear and also qualify in IBSAT exam.
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The scholarship amount will be adjusted against the total programme fee only.
IBS Kokata Scholarships FAQs
Candidates can check the FAQs below:
Yes, ICFAI Business School Kolkata offers scholarhips of worth INR 10 Crores. The scholarships are given on the basis of IBSAT 2023 to the below mentioned personnels:
- Toppers in IBSAT
- For wards of IBS Alumni
- For Physically Challanged candidates
- Wards of Defence Personnels (In-service/retired) from Army, Airforce, Navy and Paramilitary Forces
Yes, ICFAI Business School Kolkata offer a scholarship to PGPM with good performance in the IBSAT exam. The scholarship is offered under the following categories:
- IBSAT 2023
- Defense personnel wards (serving or retired) from Army, Airforce, Navy, and Paramilitary forces
- Physically challenged candidates
- Wards of IBS Alumni
Reviews (Showing 6 of 43 reviews)
Placements: Placement in your college is very good; almost all the students get placed. The highest package was INR 10–11 LPA, the average was INR 6-7 LPA, and the lowest was INR 4-5 LPA. Top recruiters include Deloitte, PWC, ICICI Bank, and HDFC Bank. All students got internships from the college. Roles for job offers are tax associate, consultant, sales associate, business analyst, relationship manager, and market researcher.
Placements: Our college provides good placements. Almost 99% of students got placed in the best companies. The best consulting firms visit our campus for recruitment. Deloitte, E&Y, PWC, ICICI Bank, HDFC Bank, etc., visit our campus for the placement process.
Placements: 86% of students got placed. The highest package was around 6 Lacs and the lowest package was around 3 Lacs. The average package was around 4.5 Lacs. Deloitte, PWC, ICICI bank, HDFC life, SBI life, franchise India, Byjus. All the students got internships from the college during the course. Sales, Associate, Relationship Manager, Executive, Business Development, Market Research.
Placements: 95% of the students were placed from our batch. The rest 5% suffered from academic affliction. They had a strict placement policy. The highest national package was 10lacs, the international package was 11lacs. Top recruiters included Deloitte, ICICI, TCS, Yes Bank, HDFC. The internship was offered to 100% of the students. Companies ranged from HDFC, Skybits data analysis. Roles for job offers ranged from financial advisory to business analyst.
Placements: Placements in our college were appreciable. It is a 2-tier college, and almost 100% of the students of our batch got placed. Companies with more expectations from marketing and finance domain visit our campus for placements. Placements opportunities for HR low, but still the college try to provide jobs for them. The highest salary package offered was 13 LPA. The lowest salary package offered was 3.5 LPA. The average salary package offered ranges between 4-5.5 LPA. Banking sector companies like H...
Placements: 100% placement for all streams in which Students are pursuing (Marketing, Finance, HR). Placements of our batch was 100% and seniors too. The highest package was 12lakhs and the lowest was 3lakhs. Marketing companies and finance companies were visited. Marketing companies like ITC, OYO, CCD, MAKEMYTRIP, etc. Finance companies like HDFC, ICICI, DELLOITE, etc.
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Know more about this College
- IBS Kolkata Scholarship Details
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- IBS Kolkata Placements 2025: Highest Package, Average Package, Top Recruiters
- IBS Kolkata Cutoff 2025/2024/2023
- IBS Kolkata Answered Questions
- IBS Kolkata Faculty Details & Reviews
- IBS Kolkata Infrastructure Details & Reviews
Photos & Videos
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Student Forum
Anything you would want to ask experts?Answered a year ago
Scholarships are only available for candidates who have appeared for the IBSAT entrance exam. The difference in scholarships depends on merit and the category of students passing the IBSAT exam. The scholarships that IBS Kolkata provides are:
· Scholarships for Toppers in IBSAT
· Scholarsh
A
Contributor-Level 10
Answered a year ago
Yes, wards of IBS Alumni can avail scholarship to do an MBA at IBS Kolkata. To be eligible for the scholarship, the candidate’s parent/guardian should be an alumnus of any IBS university in the country. In addition to that, candidates will only be eligible if they clear the IBSAT entrance exam.
The s
A
Contributor-Level 10
Answered 2 years ago
For its MBA programme, ICFAI Business School Kolkata (IBS Kolkata) provides numerous scholarship opportunities, offering worthy students substantial financial support. The best scholarships are the Need-Based Scholarships, the Physically Challenged Scholarship, the Merit Scholarship, the Alumni Scho
Y
Contributor-Level 10
Answered a month ago
The IBS Kolkata does not offer MBA. However the institute offers PGPM which is equivalent to MBA. The PGPM course at IBS Kolkata is full time. Institute grants admission based on entrance exam scores.
A
Contributor-Level 10
Answered a month ago
Aspirants can join IBS Kolkata without XAT scores. The school also accepts CAT, NMAT and GMAT scores for admission. Hence, XAT is not compulsory. Aspirants can also appear for IBSAT conducted by ICFAI Foundation for Higher Education (IFHE).
N
Guide-Level 15
The total fee for the MBA/PGDM program at ICFAI Business School Kolkata is around INR 9.1 lakhs for the academic year 2023. The fee can be paid in installments across all the campuses. The living expenses are extra and not included in the fee structure. Students have to pay a refundable caution deposit of INR 10,000 along with the first installment of the fee across all campuses.