Shobha
Shobha pant
Senior executive
Updated on Jul 30, 2026 16:06 IST
Students who are taking the IBSAT 2026 exam or applying to the course program offered by IBS through their CAT, XAT, GMAT™, or NMAT by GMAC™ scores are eligible for the IBSAT 2026 scholarship. This article has the eligibility criteria and terms and conditions for the scholarship.

IBSAT 2026 scholarships have been announced by the ICFAI Business School (IBS). The scholarships are worth INR 10 crores (INR 2 lakhs each). IBSAT scholarships 2026 are for candidates who are applying to the MBA/PGM program for the 2027-2029 batch.

IBSAT 2026 scholarships

IBSAT 2026 Merit scholarship

IBSAT 2026 scholarships are open to candidates who are taking the IBSAT 2026 exam being held in December 2026, and also for those applying to the course program at IBS through their CAT, XAT, GMAT™, or NMAT by GMAC™ scores. IBSAT is a national-level entrance exam conducted by IBS to offer admissions into MBA/PGDM programs in its business schools in India. It is a 2-hour test conducted in an online mode consisting of 140 MCQs with four sections. 

Scholarship eligibility criteria

For the scholarship, students are required to meet the eligibility criteria. IBSAT 2026 scholarship eligibility criteria are mentioned below:

  • Candidates who have scored top ranks in IBSAT 2026/XAT/CAT/NMAT by GMAC™/GMAT™.

  • IBS alumni children (former IBS graduates) applying for the MBA/PGDM programs are eligible. 

  • Children of defense personnel applying for the MBA/PGDM courses (Serving or retired army personnel from Air force/Navy/Army/paramilitary forces) are eligible. 

  • Students who are physically challenged and applying for MBA/PGM courses are eligible. 

Q&A Icon
Commonly asked questions
Q:   Can I take IBSAT exam more than once?
A: 

Yes, IBSAT (ICFAI Business School Aptitude Test) can be taken more than once. IBSAT is an entrance examination conducted by ICFAI Foundation for admission to MBA and PGDM programs offered by the IBS campuses across India. IBSAT exam is conducted once in a year. Candidates can apply for IBSAT 2026 exam for which registrations will commence in first week of July.

Q:   What is the score pattern in IBSAT exam? How is the percentile calculated?
A: 

As per IBSAT exam pattern, the marking scheme for IBSAT is as follows:

  1. One mark for each correct answer
  2. No marks for wrong answers

Based on score obtained by candidates in IBSAT exam, they are shortlisted for the Group Discussion and Personal Interview rounds. 

Listed below is the IBSAT cutoff:

  1. CAT & XAT: 60 percentile and above 
  2. GMAT: 500+
  3. NMAT by GMACTM: 150+
Q:   What factors determine the IBSAT cutoff?
A: 

IBSAT cutoff is released considering below factors:

  1. Number of students appeared for IBSAT exam
  2. Difficulty level of question paper
  3. Number of seats offered at IBS campus
Q:   What is the expected cut-off of IBSAT for IBS Hyderabad and Mumbai campus?
A: 
ICFAI Business School, Hyderabad releases the IBSAT cutoff along with the declaration of results. The minimum required IBSAT cutoff scores for getting a GD/PI call scheduled at IBS Hyderabad is given below: 1. CAT & XAT 60 percentile and above 2. GMAT 500 + 3. NMAT by GMACTM 150+ The minimum cutoff score for INR 2 Lacs scholarship eligibility criteria is 1. CAT Top 75 candidates with a minimum score of 90 percentile and above 2. XAT Top 25 candidates with a minimum score of 80 percentile and above 3. GMAT TM Top 25 candidates with a minimum score of 550 and above 4. NMAT by GMAC TM Top 100 candidates with a minimum score of 225 and above. Candidates will be able to check the updates cutoff score on release of the IBSAT score. The IBSAT 2023 results are expected to be announced in last week of December 2023.

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IBSAT merit scholarship 2026 Terms and Conditions

There are some terms and conditions for the IBSAT merit scholarships 2026. Key details for the same are listed below:

  • Students who will take the IBSAT December 2026 exam or apply using their CAT, XAT, NMAT by GMAC™, or GMAT™ scores. 

  • Those students who will complete their entire admission process, including fee payment, will be eligible for the IBSAT merit scholarship 2026. 

  • The scholarship amount can only be adjusted with the student’s program fee within the IBS and can’t be used for any other purposes. 

  • If the student withdraws their name from the program, the scholarship amount will not be returned to them. 

Students who wish for the IBSAT merit scholarship 2026 should meet the eligibility criteria set by the IBSAT, provided above. Also, in any case, students need to score in the top rank either in the IBSAT 2026 exam or the entrance exam score IBS accepts. Hence, all students are suggested to practice well for the examination and give their best. For better practice, they can take help from the IBSAT syllabus, previous year question papers, IBSAT mock tests, and related subject books. 

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Shobha pant
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Answered a month ago

IBS Hyderabad has shared the dates for IBSAT National Mock Test on its official website. Candidates can register for any date as per their convenience. Apart from this, IBS also provides Free Mock Test that can be taken anytime after registration.

N

Nupur Jain

Contributor-Level 6

Answered a month ago

The number of questions in each section of IBSAT Mock Test are as follows:

Section

No. of questions

Verbal Ability

50

Quantitative aptitude

30

Reading Comprehension

30

Data Adequacy and Interpretation

30

R

Rachit Katariya

Contributor-Level 6

Answered a month ago

Yes, the IBSAT mock test is free of cost. Candidates just have to register for it on the official website.

V

Vikrant Kaur

Contributor-Level 6

Answered a month ago

Only candidates who fulfill the below mentioned eligibility criteria can register to appear for IBSAT mock test:

  • Candidate must be a resident of India with Aadhaar Card (Except for NE States, may provide Government ID)
  • Student must be a 2025-26 graduate or in final year of qualifying examination

S

Sumridhi Bisht

Contributor-Level 6

Answered a month ago

IBSAT National Mock Test is a mock conducted by IBS Hyderabad at a national level for IBSAT aspirants. This year, IBS has announced six mock tests from July to December 2026. The mock test is designed to help students practice in exam-like environment.

N

Nishtha Singh

Contributor-Level 6

Answered a month ago

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Rakshit Prabhakar

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ICFAI Business School (IBS), Kolkata secures candidates from diverse academic & professional backgrounds:  

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Working Professio

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Rakshit Prabhakar

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

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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

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Rakshit Prabhakar

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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.).  
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