A big relief for the IBSAT 2023 candidates as IBSAT, an exclusive scholarship designed for the best performers, and top scorers in the entrance exam IBSAT, is announced by the ICFAI Business School, which is to be held in 3rd week of December 2023.
These scholarships seek to recognize academic distinction and give financial help to worthy candidates, while also fostering diversity and inclusiveness among IBS students.
IBSAT 2023 Scholarship: Highlights
The table below is the list of candidates who are eligible for the IBSAT 2023 Scholarship.
IBSAT 2023 Scholarships | Criteria for elegibility |
IBSAT Toppers | Top Rank Holderds in IBSAT Test. |
Former IBS’s Children | MBA/PGDM Program applied by the Former IBS’s Children |
Specially/ Physically Abled Candidates | Specially/ Physically Disabled Candidates applied for MBA/PGDM Program. |
Indian Defence Personnel’s Children (In-Service/Retired) (Army, Navy, Air-Force and Paramilitary Forces). | Children of in-service or retired Indian Defense Personnel from these forces applying for the MBA/PGPM program |
Scholarships: Worth 10 Cr
IBS emphasizes developing potential and assisting future business leaders. To accomplish this vision, the institution has allocated Rs 10 crore in scholarships to deserving individuals who excel in the IBSAT test, are children of IBS alumni, are physically challenged, or are from the families of in-service or retired defense personnel from the Army, Air Force, Navy, and Paramilitary Forces.
Important Note: IBS promises to grant 500 merit scholarships to meritorious students in the aforementioned categories for the class of 2026. Each scholarship is worth Rs 2 lakh per candidate, with the option of deducting Rs 1 lakh from the program price in the first and second term payments.
Merit Scholarship Terms and Conditions
To be qualified for these renowned scholarships, students must meet the following requirements:
Terms & Conditions | Explanation |
Eligibility requirements: | Scholarships will only be issued to applicants who have completed the IBSAT-2023 exam. |
Admission & Registration: | To be entitled to the scholarship, applicants must complete the admission process, pay the required entrance price, and register on the date given. |
Applicability: | The scholarship capital can only be applied to the program fee and payment and cannot be used for other purposes or expenses. |
Withdrawal Policy: | If an individual withdraws from the program for whatever reason, any relevant fee refunds will be computed after deducting the scholarship amount previously provided. |
IBS aspires to set a precedent for management education quality. IBS's commitment to awarding scholarships to worthy applicants strives to open doors and build a diverse pool of future business leaders who will contribute to the growth and success of organizations as well as society as a whole.