The ICFAI Business School (IBS) has developed an exclusive scholarship program designed for high-achieving students who will participate in the IBSAT test, scheduled for the third week of December 2024. The scholarships are available to candidates applying for the MBA/PGPM program who will take the IBSAT test on December 27 and 28, 2025. The primary objective of these scholarships is to recognise academic excellence and provide financial support to deserving candidates, while fostering diversity and inclusivity within the IBS student community. The following sections provide detailed information about the various scholarships and their respective eligibility criteria.
IBS Jaipur IBSAT 2025 Test Scholarships
This scholarship program is specially designed for candidates who excel in the IBSAT exam. The eligibility criteria are as follows:
| Scholarship | Eligibility |
| Top IBSAT Rank Holders | Candidates who secure top ranks in IBSAT |
| Children of IBS Alumni | Children of IBS alumni applying for the MBA/PGPM program |
| Physically Challenged Candidates | Candidates with physical disabilities applying for MBA/PGPM program |
| Children of Defence Personnel (In-service/retired) | Children of in-service or retired defence personnel from Army, Airforce, Navy, and Paramilitary Forces applying for MBA/PGPM program |
IBS Jaipur Merit Scholarships for the Class of 2027
IBS is planning to offer 500 merit scholarships to the class of 2027. Each scholarship is worth INR 2,00,000, with the option to adjust the first and second-term instalments by INR 1,00,000 against the program fee. The scholarships are designed for those who excel in the IBSAT test, are children of IBS alumni, belong to the physically challenged category, or are from the families of in-service or retired defence personnel.
IBS Jaipur Terms and Conditions for Merit Scholarships
IBS remains a leader in management education, consistently providing scholarships to deserving candidates. It aims to cultivate opportunities and drive a diverse pool of future business leaders who will contribute significantly to the development and success of organisations and society as a whole. To be eligible for these scholarships, candidates must meet specific terms and conditions. The conditions are as follows:
| Condition | Description |
| Eligibility | Scholarships will only be offered to candidates who have appeared for the IBSAT-2025 test and have successfully qualified. |
| 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. |
| Applicability | The awarded scholarship amount can be adjusted solely against the program fee and payment and cannot be utilised for any other purposes or fees. |
| Withdrawal Policy | In the event of a student's withdrawal from the programme for any reason, any applicable fee refunds will be calculated after deducting the scholarship sum granted earlier. |