IBS Ahmedabad Scholarship Details

Vedika Dubey

IBS Ahmedabad scholarships aim to reward academic excellence and provide financial assistance to deserving candidates, encouraging diversity and inclusivity within the student community at IBS. The students in IBS Ahmedabad are funded through various educational loans. IBS Ahmedabad scholarships are:

IBS Scholarship
Merit Scholarship

IBS Scholarship

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.

For Toppers in IBSAT	Candidates who secure top ranks in IBSAT
For Wards of IBS Alumni	Children of IBS alumni applying for the MBA/PGPM programme
For Physically Challenged Candidates	Candidates with physical disabilities applying for MBA/PGPM programme
Wards of Defence Personnel (In-service/retired) from Army, Airforce, Navy, and Paramilitary Forces	Children of in-service or retired defence personnel from these forces applying for MBA/PGPM program

Scholarship Worth Rs 10 Crore

IBS supports aspiring entrepreneurs and believes in developing talent. In order to carry out this vision, the institution has given scholarships worth Rs 10 crore to deserving students who score highly on the IBSAT, are offspring of IBS alumni, fall under the category of physically challenged students, or are descended from families of active-duty or retired members of the Army, Air Force, Navy, or Paramilitary Forces.

Merit scholarships for the Class of 2026

IBS aims to award 500 merit scholarships for the class of 2026 to deserving candidates falling under the aforementioned categories. Each scholarship amounts to Rs 2 lakh per candidate, with the flexibility of adjusting Rs 1 lakh each in the first and second-term instalments against the program fee.

Terms and Conditions for Merit Scholarships

To avail themselves of these prestigious scholarships, candidates must fulfill the following terms and conditions:

Eligibility

Scholarships will only be given to those who took the IBSAT- 2023 test and passed with a passing score.

Admission and Registration

For eligibility for the scholarship, applicants must successfully complete the application process, pay the necessary application fee, and register by the deadline.

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 students withdrawal from the programme for any reason, any applicable fee refunds will be calculated after deducting the scholarship sum granted earlier.