IBS Bangalore Scholarship Details

Janki Sharma

Updated on - Sep 25, 2024

IFCAI Business School (IBS) Bangalore is dedicated to providing applicants with a comprehensive educational experience by providing them with generous scholarships that can ease their financial burden.

To be eligible for the scholarship, individuals must meet certain eligibility requirements. For Instance, IBS Bangalore offers scholarships to the students who perform well in IBSAT 2024.

Apart from this, the children of IBS alumni, those belonging to the physically challenged category, or are from the families of in-service or retired defense personnel from the Army, Air Force, Navy, and Paramilitary Forces are all eligible to be considered for the scholarships. IBS Bangalore offers the following scholarships.

• Scholarships for Wards of IBS Alumni
• Scholarships for Wards of Defense Personnel 
• Scholarships for Physically Challenged Candidates
• Education Loan
• National Mock Test

Scholarships for Wards of IBS Alumni

• IBS Bangalore offers generous scholarships to the children of their alumni. 

Scholarships for Wards of Defense Personnel 

• IBS Bangalore offers scholarships to the children of Defense personnel.
• The wards of currently serving and ex-servicemen are both eligible to reap the benefits of scholarships. 

Scholarships for Physically Challenged Candidates

• IBS Bangalore offers massive financial help to physically challenged candidates.

Documents to be Submitted

The students would have to submit medical proof of their disability. 

Education Loan

• The Educational loans are obtained through various public sector and private sector banks and non-banking financial institutions.
• The Public and Private Sector Banks like HDFC Bank Ltd, Axis Bank, ICICI Bank, and IDFC First Bank help the students in obtaining educational loans with ease.
• HDFC Credila Financial Services Ltd is one such non-bank financial institution that provides educational loans at nominal interest rates.

IBSAT National Mock Test

IBSAT 2024 is an online proctored management entrance test designed to assess candidates for admission to the IBS (ICFAI Business School) MBA/PGPM 2025-27 campuses. The test syllabus, similar to CAT, consists of four sections, with 140 marks to be completed in 120 minutes. As part of the preparation, IBS offers a National Mock Test series starting from August 31st, with eight test dates available until December 7th. These mock tests provide a valuable opportunity for candidates to practice in a simulated environment, and only those who take the proctored mock tests will be eligible for prize money.

Students willing to appear for the test need to register for it online.  Students can either write the practice test or the proctored test and can take a maximum of 5 practice tests, either before or after the proctored test.

A total of 100 prizes will be awarded, with the top three prizes being Rs 1,00,000, Rs 50,000, and Rs 25,000, respectively, and 97 additional prizes of Rs 5,000 each. Registrations for these mock tests are free, making it an accessible opportunity for all aspiring management students.