Indus Business Academy Scholarship 2026: Eligibility, Amount, Awards

Indus Business Academy, Bangalore offers scholarships and awards worth INR 5.46 crore to meritorious students. Eligible students receive the best applicable option if they qualify for more than one category. Fee waivers are also given to deserving students during the 3rd term of the PGDM program, especially for those who are economically weak or in need.

IBA Bangalore Scholarship for Meritorious Students

Students meeting the following criteria are eligible, with only the best applicable option awarded if they qualify for more than one.

Pandit Jawaharlal Nehru Memorial Scholarship – Students with 60% or above marks in Class X, XII, and Graduation receive INR 50,000.
Sardar Vallabhbhai Patel Memorial Scholarship – Students with 70% or above marks in Class X, XII, and Graduation receive INR 60,000.
Netaji Subhas Chandra Bose Memorial Scholarship – Students with 80% or above marks in Class X, XII, and Graduation receive INR 70,000.
Atal Bihari Vajpayee Memorial Scholarship – Students with 60% or above marks in Class X, XII, and Graduation, along with the required percentile/ composite score in entrance tests, receive scholarships as per the score bracket.

CAT/ XAT/ GMAT or GRE	MAT/ ATMA	CMAT 2025	Scholarship Amount
90 percentile or above	Composite Score 780+	Above 95 percentile or AIR 1–499	INR 1,50,000
85 percentile or above	Composite Score 750+	Above 95 percentile or AIR 1–999	INR 1,00,000
80 – 84.99 percentile	Composite Score 700–749	90 – 94.99 percentile or AIR 1000–2499	INR 80,000
70 – 79.99 percentile	Composite Score 650–699	80 – 89.99 percentile or AIR 2500–3999	INR 70,000
60 – 69.99 percentile	Composite Score 600–649	70 – 79.99 percentile or AIR 4000–4999	INR 60,000

IBA Bangalore Scholarship For Fee - Wavier to Deserving Students

IBA Bangalore Scholarship offers fee waivers to deserving students based on economic need, as detailed below.

Name	Amount	No. of Awards	Eligibility
Mother Teresa Fee Waiver (1st Year)	INR 25,000-INR 35,000	10	Economically weak and need-based
Tirthankara Mahavira Swami Fee Waiver (2nd Year)	INR 25,000-INR 35,000	10	Economically weak and need-based

IBA Bangalore Special Scholarship

IBA Bangalore offers special scholarships and international study opportunities for eligible PGDM students.

Shri B.M.L Jain Memorial Special Scholarship – Offered in the 2nd year of the PGDM programme for wards of Defence, CRPF, and BSF personnel. Provides a 25% fee waiver on academic fees to honour their service to the nation.
Overseas Business Study Mission (OBSM) – Top 50% academic performers at the end of the 1st year get the chance to join an international study programme, visiting B-schools and companies in countries like Singapore, Malaysia, and Dubai.

IBA Bangalore Details of Awards

IBA Bangalore rewards academic excellence in the PGDM programme with the following awards, each worth INR 12,000.

Name	Criteria
Swami Vivekananda Memorial Award	Awarded to the topper in 1st Trimester
Dadabhai Naoroji Memorial Award	Awarded to the 2nd topper in 1st Trimester
Chhatrapati Shivaji Raje Bhosle Memorial Award	Awarded to the topper in 2nd Trimester
Mohandas Karamchand Gandhi Memorial Award	Awarded to the 2nd topper in 2nd Trimester
Dr. B.R. Ambedkar Memorial Award	Awarded to the topper in 3rd Trimester
Shaheed Bhagat Singh Memorial Award	Awarded to the 2nd topper in 3rd Trimester
Dr. Sarvepalli Radhakrishnan Memorial Award	Awarded to the topper in 4th Trimester
Jayaprakash Narayan Memorial Award	Awarded to the 2nd topper in 4th Trimester
Maulana Abul Kalam Azad Memorial Award	Awarded to the topper in 5th Trimester
Rani Lakshmi Bai Memorial Award	Awarded to the 2nd topper in 5th Trimester
Rabindranath Tagore Memorial Award	Awarded to the topper in 6th Trimester
Lala Lajpat Rai Memorial Award	Awarded to the 2nd topper in 6th Trimester

IBA Bangalore Special Awards

IBA Bangalore presents the following special awards on Convocation Day to recognise outstanding achievements:

Name	Amount	Eligibility
Dr. Anil Agarwal Memorial Award	INR 51,000	Best student of the batch excelling in academics, discipline, leadership, and extracurricular activities across all six trimesters
Shri B.M.L Jain Memorial Award (Gold Medals)	INR 11,000	Awarded with a gold medal to students scoring above 8.7 CGPA at the end of the PGDM programme
Sir Mokshagundam Visvesvaraya Memorial Award (Silver Medals)	INR 11,000	Awarded with a silver medal to students scoring above 8.3 CGPA at the end of the PGDM programme
Smt. Gyanmati Devi Jain Memorial Scholarship	INR 15,000	Given to the top two students based on performance during the Corporate Internship Programme, as per institute criteria

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