These scholarships offered by the IBS are based on different categories namely – IBS alumni wards, merit-based, physically challenged candidates, and wards of defence personnel. For the year 2025, IBS is offering scholarships that are designed for candidates who score well on the IBSAT Test. The exam is scheduled to be held on 28–29 Dec 2024. Read the article below for more information on the IBSAT scholarship 2024, application steps, and more.
IBSAT Scholarship 2024- Overview
ICFAI Business School Aptitude Test (IBSAT) is a path to reward education to the top-scoring students. The top 500 IBSAT scorers will receive Rs. 2 lakh each, adjusted against the first and second installments of their program fees.
To appear for the IBSAT scholarship examination candidates need to fill out the form on the official website of IBS- ibsindia.org. The IBS campuses are situated in Gurgaon, Ahmedabad, Hyderabad, Bangalore, Jaipur, Pune, Dehradun, Mumbai, and Kolkata.
IBSAT Scholarship Eligibility Criteria 2024
Here is a list of eligibility criteria for the IBSAT Scholarship:
| Scholarship | Eligibility |
| Wards of IBS Alumni | Wards of IBS alumni applying for the MBA/PGPM program |
| Toppers in IBSAT | Candidates scoring top ranks in IBSAT |
| Physically Challenged Candidates | Candidates having physical disabilities applying for MBA/PGPM |
| Wards of Defence Personnel | Wards of defence personnels whether retired or currently serving in any of the defence forces. |
Steps to Apply for IBSAT Merit-Based Scholarship 2024
If you are eligible to apply for the IBSAT Scholarship then you can apply online by paying a registration fee. Here are the steps to apply:
- To get started you need to visit the official website of IBSAT. general.ibsindia.org
- As the webpage opens you will find the ‘Apply Now’ button at the top right corner of the screen.
- Click on it and a new webpage opens with a heading that reads ‘IBSAT 2024- Online Registration for MBA/PGDM/PHD Programs’.
- Tap on the link below to access the registration form.
- Now you need to fill out the registration form with your name, gender, mobile number, email, graduation passing year, state, and city.
- Check the box below if you wish to establish contacts with the ICFAI Business School.
- Tap on the ‘Proceed’ button. Pay the registration fee and you will be able to submit the form.
IBS Scholarships worth Rs 10 crore
ICFAI Business School (IBS) Scholarships aim at offering scholarships worth 10 crore to the students this year. These scholarships aim to recognize academic excellence and provide financial support to students pursuing MBA and PGPM programs across nine IBS campuses in India.
Scorers who excel in the test could belong to any category whether wards of defence personnel, children of IBS alumni, or from the physically challenged category.
FAQs
Q. What are the eligibility criteria for IBS Scholarships 2024?
A. Scholarships will be provided to students who have appeared for the IBSAT-2023 test and have successfully qualified for the examination.
Q. What is the IBS Scholarships 2024 application process?
A. To apply for the scholarship the student needs to complete the admission process, pay the admission fee, and register at the online portal of IBS for the scholarship.
Q. How much scholarship is offered by IBSAT?
A. The scholarships offered at the IBS amount to INR 2 lakhs per candidate which has the flexibility of adjusting Rs 1 lakh each in the first and second term installments against the program fee.
Q. What is the last date to apply for IBSAT 2024?
A. For the IBSAT 2024, the last date to apply is the third week of December 2024. Candidates must apply before the last date.
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Aparajita Debnath was born and brought up in West Bengal. She is currently working as a Social Media Manager and Graphic designer at Study Riserr. She has pursued her Graduation degree in Computer Applications from Techno India University. She is looking forward to exploring and developing new skills in content writing and wants to gain experience in this field. She likes Gardening and loves to paint.
