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ICFAI Business School (IBS), a brand synonymous with quality education, incredible infrastructure, the best faculty and a breeding ground for future leaders, has recently presented one more incentive to the student community to realise their dreams of studying in a premier institute. IBS has announced a mega scholarship deal for meritorious students, amounting to a total of Rs. 10 crores, as a way of acknowledging the deserving candidates and their hard work.

IBS Scholarship Program: Eligibility

IBS has defined clearly the scope and nature of the scholarship program. It is open to all candidates aspiring to study in any one of the nine IBS institutes across the country. The detailed eligibility criteria are as follows:

  • IBS Scholarship Program: Eligibility It is open to the batch of 2024-26.
  • The Scholarship Program targets those who top the entrance examinations, namely:-
  • IBSAT 2023 Wards of Defense Personnel (Serving / Retired) from Army, Airforce, Navy and Paramilitary forces.
  • Wards of IBS Alumni Physically challenged candidates
  • Additionally, those who have qualified for CFA, CA, CS, and ICWA too are eligible for the scholarship.

IBS Scholarship Program: Different Categories

IBS, in its announcement, has clearly laid out the categories of candidates, who can avail of this scholarship (in addition to the above-listed criteria). This includes:

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

By including the first two categories, IBS wants to acknowledge and thank its alumni for trusting their alma mater with the education of their children, as well as, the defence personnel for striving hard to protect the nation’s security. Special inclusion of candidates with different physical challenges reflects the inclusive nature of the IBS community and the values it stands for.

IBS Scholarship Program: Recognising and Rewarding Talent

The Scholarship Program aims at rewarding meritorious students and sharing their financial burden, thus enabling them to fulfil their potential and embark on successful careers without any stress. It also provides an incentive to the toppers to join IBS institutes and further strengthens the position of IBS as a premier institute in the country that attracts the best minds in the country.

The amount to be distributed across various categories shall be adjusted towards the fee payable by the students in the first and second semester, once they join any of the IBS institutes.

Why study at IBS?

For those candidates still confused about considering IBS, the following list should help them make up their minds.


By choosing IBS, students get to be a part of a rich legacy, thanks to its strong alumni base of over 66,000+, spread across the world. All nine IBS institutes are centres of excellence, providing a strong foundation for students to build their careers on.

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