ICFAI Business School, Mumbai Scholarships and Funding
Scholarships worth Rs. 10 crore
IBS offers merit-based scholarships for top performers in IBSAT 2025 (to be held on December 27–28, 2025).
Mentioned below are the eligibility Categories for the Scholarship:-
• Candidates who are Top rankers in IBSAT 2025
• Candidates who are Wards of IBS alumni
• Physically challenged candidates
• Candidates who are Wards of Defence Personnel (In-service/retired) from the Army, Airforce, Navy, and Paramilitary Forces.
500 scholarships of Rs. 2 lakh each are planned for the Class of 2028. The amount will be adjusted—Rs. 1 lakh each—against the first and second term program fee instalments.
Terms and Conditions of the Scholarship.
1.Eligibility: Candidates must appear and qualify in IBSAT 2025 (on December 27 or 28, 2025).
2.Admission and Registration: Admission formalities, including fee payment and registration, must be completed in a timely manner.
3.Applicability: Scholarship amount will be adjusted against the program fee only.
4.Withdrawal Policy: If a student withdraws, the scholarship amount will be deducted before any applicable fee refund.
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ICFAI Business School, Mumbai Notifications
Student Forum
Answered 11 months ago
Yes, IBS Mumbai offers a lot of merit-based scholarships for PGPM students based on the scores achieved in CAT, XAT, GMAT, NMAT, and IBSAT entrance exams. Check out the list below to know more-
- For CAT: Top 75 candidates with a minimum score of 90 percentile and above
- For XAT: Top 25 candidates with
S
Contributor-Level 10
Answered 2 years ago
Yes, ICFAI Business School Mumbai 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
- Wa
M
Contributor-Level 9
Answered 5 months ago
Yes, IBS Mumbai offers several research opportunities throughout the PhD programme, which include a 3-month summer research project in the student's field of specialisation. This is guided by a mentor and ends with a research seminar presentation prior to the PhD qualifying exam. The goal is to get
a
Contributor-Level 9
Answered 5 months ago
ICFAI Business School (IBS) Mumbai is a highly regarded choice for MBA students. It is one of the leading private B-schools and a constituent of ICFAI University. IBS College is approved by the UGC. ICFAI Mumbai has also been rated as 'A+' by Business India and 'A4' by Business Standard. The institu
U
Contributor-Level 9
Answered 5 months ago
For the IBS Mumbai PhD program, MBA degree holders can go directly into doctoral courses. Holders of a postgraduate qualification in allied fields need to complete first-year MBA courses as a prerequisite. This is to ensure that all applicants have a solid management foundation prior to embarking on
a
Contributor-Level 9







Are there any merit-based scholarships available at IBS Mumbai?