The International Institute of Business Studies (IIBS) in Bangalore offers a variety of scholarships based on academic merit. Eligibility for these scholarships requires students to have an aggregate score of 60% or above in Class X, XII, and Graduation. If a student is eligible for more than one scholarship, they will be granted the most beneficial option.
Scholarship | Eligibility | Amount |
Academic Merit Scholarship | Aggregate score of 60% in Class X, XII, and Graduation | INR 50,000 |
Academic Merit Scholarship | Aggregate score of 65% in Class X, XII, and Graduation | INR 60,000 |
Academic Merit Scholarship | Aggregate score of 70% in Class X, XII, and Gradiation | INR 70,000 |
Academic Merit Scholarship | Aggregate score of 75% in Class X, XII, and Graduation | INR 80,000 |
Academic Merit Scholarship | Aggregate score of 80% in Class X, XII, and Graduation | INR 90,000 |
Academic Merit Scholarship | Aggregate score of 85% in Class X, XII, and Graduation | INR 1,00,000 |
IIBS- Entrance Exam Scholarship
IIBS also provides scholarships based on the percentile or composite score achieved in specific entrance exams. The scholarships are awarded as per the scores mentioned below:
Exam | Score Range | Scholarship |
CAT 2024 / XAT 2025 / GMAT / IIBSAT 2024-25 / MAT 2024 & 2025 / ATMA 2024 & 2025 / CMAT 2025 | 85 percentile or above / Composite Score of 750 or above / 95 percentile or above | INR 80,000 |
CAT 2024 / XAT 2025 / GMAT / IIBSAT 2024-25 / MAT 2024 & 2025 / ATMA 2024 & 2025 / CMAT 2025 | 80 to 84.99 percentile / Composite Score of 700 to 749 / 90 to 94.99 percentile | INR 70,000 |
CAT 2024 / XAT 2025 / GMAT / IIBSAT 2024-25 / MAT 2024 & 2025 / ATMA 2024 & 2025 / CMAT 2025 | 70 to 79.99 percentile / Composite Score of 650 to 699 / 80 to 89.99 percentile | INR 60,000 |
CAT 2024 / XAT 2025 / GMAT / IIBSAT 2024-25 / MAT 2024 & 2025 / ATMA 2024 & 2025 / CMAT 2025 | 60 to 69.99 percentile / Composite Score of 600 to 649 / 70 to 79.99 percentile | INR 50,000 |
IIBS- Smt. B Devi Foundation Scholarship for Girls
The Smt. B Devi Foundation Scholarship provides female students who have scored more than 55% in their graduation with financial support. This scholarship, granted by an NGO promoting higher education in women and girls, aims to encourage more female students to pursue higher education.
Scholarship | Eligibility | Amount |
Smt. B Devi Foundation Scholarship for Girls | More than 55% in Graduation | INR 40,000 |
IIBS- Special Scholarship for Wards of Defence and CRPF Personnel
As a token of appreciation towards the sacrifices made by our Defence and CRPF personnel, the IIBS provides a special 20% fee waiver to their wards during the 2nd year of the MBA or PGDM programme.
IIBS- Scholarships for Achievers in Diverse Fields
IIBS awards scholarships to students who have excelled in various fields, be it academics, sports, or other areas. These scholarships provide a 10% exemption in tuition fees to academically outstanding students, those who have represented the country in national or international sports events, or those who have achieved national or state level recognition in fields other than academics or sports.
IIBS- Siblings Scholarship
The Siblings Scholarship is offered to the siblings of current IIBS students or alumni. The scholarship amount is INR 100,000. Note: A student can only avail of one scholarship based on the best option from the six specified criteria following verification.
IIBS- Awards During MBA/PGDM Program
The IIBS awards scholarships to top students throughout their MBA or PGDM programme. These awards are given based on the student's academic performance during each trimester/semester. The scholarships and their details are as follows:
Award Name | Amount | No. of Scholarships | Criteria |
Jeff Bezos Award | INR 10,000 | 1 | Topper in Academics in 1st Trimester/Semester |
Bernard Arnault Award | INR 10,000 | 1 | Topper in Academics in 2nd Trimester/Semester |
Mark Zuckerberg Award | INR 10,000 | 1 | Topper in Academics in 3rd Trimester/Semester |
Steve Jobs Award | INR 10,000 | 1 | Topper in Academics in 4th Trimester/Semester |
Jack Ma Award | INR 10,000 | 1 | Topper in Academics in 5th Trimester/Semester |
Mukesh Ambani Award | INR 10,000 | 1 | Topper in Academics in 6th Trimester/Semester |
IIBS- Other Scholarships
In addition to the scholarships listed above, IIBS offers additional scholarships to specific groups of students. These include scholarships amounting to INR 10,000 for all female students by the Dr. Jay Foundation and scholarships amounting to INR 25,000 for physically challenged candidates and single-parent candidates. SC/ ST/ OBC/ EWS/ Religious Minority candidates are eligible for an additional scholarship of INR 10,000, granted by the Smt. B Devi Educational and Charitable trust Foundation, subject to the submission of valid government-issued certificates.
Note: Scholarships are awarded for the full duration of the programme. The Scholarship Committee reviews the scholarship student's performance every semester. The continuation of the scholarship is dependent on the student maintaining 80% attendance for all semesters. If a scholarship student fails to meet this criterion during a particular semester, they will be placed on "Academic Probation", and the Scholarship Committee may review their scholarship award.