IBS Hyderabad Scholarship Details

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Janki Sharma Janki Sharma | Sep 25, 2024
Janki Sharma
Janki Sharma

Updated on - Sep 25, 2024

ICFAI Business School Hyderabad (IBS Hyderabad) offers various scholarships to students purely on the basis of merit. IBS Hyderabad provides scholarships to the IBSAT top performers. IBS has recently announced scholarships worth INR 10 Crores for the same. All the candidates applying for the MBA Programme and appearing for the IBSAT 2023 are eligible for the IBSAT Scholarships. Some other IBS Hyderabad scholarships mentioned have been elucidated in detail below.

Merit Scholarship for BBA Program

Merit Scholarships are offered by IBA Hyderabad to the students pursuing the BBA Program. The scholarships are based on past academic records in Class XII and Semester-wise performance during the BBA Program.

  • Merit Scholarships Based on Past Academic Records

The IBS Hyderabad students are awarded merit scholarships based on the percentage of aggregate marks achieved in the qualifying examination. The scholarship continues semester after semester only if the candidates maintain a minimum 6.0 GPA in the previous semester and the scholarship amount will be adjusted equally in 6 installments of each semester's fees. The detailed description is mentioned in the table below.

Aggregate Percentage of Marks  Total Amount of Scholarship Scholarship Amount Per Semester
Above 90% INR 1,12,500 INR 18,750
Above 80% - Below 90% INR 75000 INR 12500
Above 70% - Below 80% INR 45000 INR 7500
  • Merit Scholarships based on Semester-wise Performance

Up to 10% of the students of the batch will be awarded merit scholarships based on their Semester-wise performance in the BBA Program and these scholarships are awarded in addition to the scholarships based on the past academic record. The details are mentioned in the table below.

CGPA Scholarship (Percentage of Semester Fee)
Above 90% 30%
Above 80.5% - Below 90% 22%
Above 80% - Below 80.5% 15%

Merit Scholarship for BA Economics Program

IBS Hyderabad offers merit scholarships to students pursuing the BA Economics program. The scholarships are based on past academic records in Class XII and Semester-wise performance during the said program.

  • Merit Scholarships Based on Past Academic Records

Students are awarded merit scholarships at IBS Hyderabad based on the percentage of aggregate marks achieved in the qualifying examination. The scholarship continues semester after semester only if the candidates maintain a minimum 6.0 GPA in the previous semester and the scholarship amount will be adjusted equally in 6 installments of each semester's fees. The details are mentioned in the table below.

Aggregate Percentage of Marks Total Amount of Scholarship Scholarship Amount Per Semester
Above 90% INR 45000 INR 7000
Above 80% - Below 90% INR 30000 INR 5000
Above 70% - Below 80% INR 18000 INR 3000
  • Merit Scholarships based on Semester-wise Performance

Based on their Semester-wise performance in the BA (Economics) Program, up to 10% of the students of the batch are awarded merit scholarships and these scholarships are awarded in addition to the scholarships based on the past academic record. The details are mentioned in the table below.

Semester Performance (CGPA) Scholarship Amount Per Semester
Above 90% INR 15000
Above 80.5% - Below 90% INR 11000
Above 80% - Below 80.5% INR 7500

IBSAT Scholarships

Scholarships amounting to INR 10 Crores have been announced by IBS for the IBSAT 2023 top performers. Candidates applying with the scores of the management entrance tests like GMAT, CAT, NMAT, and XAT should also appear for IBSAT in order to be considered for the scholarship. IBS is planning to award around 500 merit scholarships to the below categories of students in addition to the IBSAT top performers. Each scholarship amounts to INR 2 lakhs per candidate, with the flexibility of adjusting INR 1 lakh each in the first and second-term installments against the program fee. Apart from the IBSAT Toppers, the scholarships are provided to the following section of students listed below.

  • Wards of IBS Alumni
  • Wards of Defense Personnel (Serving/Retired)
  • Physically Challenged Candidates

Bank Loans

Several public and private sector banks provide educational loans to applicants. Applicants seeking educational loans may approach the respective bank branches. The Financial Aid cell at IBS facilitates the bank loan process wherever required. 

  • Public Sector Banks
Bank Loan Amount Rate of Interest
Axis Bank Maximum 95% of the course fees 8.75% (floating rate linked to repo rate)
ICICI Bank Min INR 1 Lakh and Max Up to INE 1 Cr 10.50% secured and 1.050% unsecured
IDFC First Bank As per Eligibility 9.0 % onwards*
Yes Bank Max Unsecured up to 90% of the total cost of Education Starting at 9.99%* P.A. Floating post moratorium (Repo rate+ 3.74% Spread)
  • Private Sector Banks
Name of the Bank Security   Interest Rates Contact
State Bank of India Up to 7.5 Lakhs - Only
Parent/Guardian as Coburrower. No collateral security
or Third Party Guarantee.
Upto 20 lakhs: 8.95%
Punjab National Bank Up to 7.5 Lakhs -
Parent(s)/guardian as a joint
borrower/s. No tangible
security and or third party
guarantee is required.
Upto` 7.5 lakhs: 9.40%
Bank of Baroda 4 lakhs -` 7.5 lakhs - Collateral
in the form of a suitable third
party/ guarantee along with
assignment of future income.
Upto ` 20 lakhs: 8.70%
Canara Bank Up to` 7.5 Lakhs - No collateral
security, loan in the joint names
of student & parents,
assignment of future income of
the student.
Upto 7.5 lakhs: 10.8%
Central Bank of India Upto` 7. 5 lakhs: Mandatorily to
be covered under Cent
Vidyarthi NCGTC Guarantee
Scheme.
10.00% for IBS Students
Bank of India Above ` 7.5 lakhs - Tangible
Security equal to 100% loan
the amount along with the assignment
of future income.
Above` 7.5 lakhs:11.25%
Bank of Maharastra  4 lakhs - ` 7.5 lakhs: Collateral
in the form of a satisfactory
third-party guarantee.
Upto 7.5 lakhs:10.70%
UCO Bank Upto 7.5 lakhs: Co -obligation
of parents. No security or third
party guarantee is required.
Upto 7.5 lakhs: 9.30%
Indian Bank 4 lakhs- ` 7. 5 lakhs: Collateral
in the form of a satisfactory third
party guarantee
For Male Students: 10.05%
 For Female Students:
9.55%

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.

IBS Hyderabad Check Fees Details

Course Name Avg Course Fees Exams Accepted
MBA ₹17,01,000 (2 Years) -
PhD ₹4,80,000 (--) -
Executive MBA ₹5,52,632 (1 Year9 Months) -

IBS Hyderabad Reviews

Overall Rating

4

Verified

Distribution of Rating

>4-5 star

16

>3-4 star

15

>2-3 star

4

1-2 star

1

Placements & Internships

3.8

College Infrastructure & Hostel Facilities

4.4

Clubs & Associations

4.4

Academics & Faculty

4

Fees & Scholarships

3.4

Verified
Hk92076 Batch 2022 MBA [Master of Business Administration]
4.7
Reviewed on Apr 27, 2022
4 Placements
4.5 Fees
5 Academics
5 Infrastructure
5 Campus

Fees & Scholarships : For the 2020-22 batch, the tuition fee was 14.14 Lakh and 75k was charged per semester for Hostel and Mess. 2) Scholarship are given Semester wise and the amount varies from CGPA to CGPA. For a reference, A student with a

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Verified
Rafik R Batch 2022 MBA [Master of Business Administration]
4.5
Reviewed on Oct 20, 2021
4.5 Placements
4.5 Fees
4.5 Academics

Fees & Scholarships : The course fee at ICFAI Business School, [IBS] Hyderabad is Rs. 6 lakhs for two years.

Placements & Internships : Placement assistance will be provided. IBS has an impeccable track record of achieving excellent placements every year,

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Rishika Chennadi Batch 2021 BBA Marketing
3.6
Reviewed on May 25, 2021
3.5 Placements
3 Fees
4 Academics
4 Infrastructure
3.5 Campus

Fees & Scholarships : ICFAI Business School, [IBS] Hyderabad Fee Structure. The course fee is about INR 2.3 Lakh per year, so 7.1 Lakh in total for three years. There is a scholarship given to students who score above 9 CGPA. The

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Verified
Rohith Ingenious Batch 2020 MBA [Master of Business Administration]
4.8
Reviewed on Mar 31, 2021
5 Placements
4.5 Fees
5 Academics
5 Infrastructure
4.5 Campus

Fees & Scholarships : It is the basic fee for every year. There are no hidden charges, and also they are providing bank support. There are 80% option to get the scholorship for the students.

Entrance Exams & Admissions :

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Verified
Priya Mahinder Batch 2018 MBA [Master of Business Administration]
5
Reviewed on Mar 18, 2021
5 Placements
5 Fees
5 Academics
5 Infrastructure
5 Campus

Fees & Scholarships : The fees of ICFAI Business School, [IBS] Hyderabad is INR 7,50,000 per year. We do get scholarships in our college. Almost 30-40% of the students avail these scholarships.

Entrance Exams & Admissions :

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