ICFAI Business School (IBS) Mumbai

ICFAI Business School (IBS) Mumbai MBA scholarships worth of Rs 10 Crores will be offered exclusively to top performers in the IBSAT-2024 test scheduled for December 28-29, 2024

IBS Mumbai MBA Scholarship Eligibility Criteria

• For Toppers in IBSAT Candidates who secure top ranks in IBSAT 2024 
• For Wards of IBS Alumni 
• For Physically Challenged Candidates 
• For Wards of Defence Personnel (In-service/retired) from Army, Airforce, Navy, and Paramilitary Forces.

IBS aims to award 500 merit scholarships for the class of 2027 to deserving candidates falling under the aforementioned categories. Each scholarship amounts to Rs 2 lakh per candidate, with the flexibility of adjusting Rs 1 lakh each in the first and second term installments against the program fee.

Terms and Conditions for Scholarships
To avail themselves of these prestigious scholarships, candidates must fulfill the following terms and conditions:

• IBS Scholarship Eligibility: Scholarships will only be offered to candidates who have appeared for the IBSAT- 2024 test and have successfully qualified.
• IBS Scholarship only After Admission and Registration: Students must complete the admission process, pay the requisite admission fee, and register on the specified date to be eligible for the scholarship.
• IBS Scholarship Applicability: The awarded scholarship amount can be adjusted solely against the program fee and payment and cannot be utilized for any other purposes or fees.
• Deduction of IBS Scholarship in Case of Withdrawal: In the event of a student withdrawal from the program for any reason, any applicable fee refunds will be calculated after deducting the scholarship sum granted earlier.