I- Business Institute provides scholarship to students on the basis of various factors. A scholarship of up to Rs. 1,50,000 is available on the first cum first serve basis to the admitted candidates from the merit category through their CAT/ XAT/ CMAT/ MAT percentile subject to a minimum benchmark of overall 50 percentage in 10th, 12th and Graduation.
Category I: IBI Greater Noida Scholarship on the Basis of Qualifying Examination-
The IBI Greater Noida eligibility for merit cum means scholarship is as follows.
S. No. | Marks in Qualifying Exam | Scholarship Amount |
A | CAT/ XAT/ CMAT percentile > 85 | Rs 70,000 |
CAT/ XAT/ CMAT percentile between 70-85 | Rs 50,000 | |
CAT/ XAT/ CMAT percentile between 60-70 | Rs 30,000 | |
B | MAT Score > 750 | Rs 70,000 |
MAT Score between 700-749 | Rs 50,000 | |
MAT Score between 600-699 | Rs 30,000 |
Category II: Scholarship on the basis of Academic Background
The candidates having a B.Tech/ B.E. degree and 70% marks or above in 10th, 12th and graduation will be awarded a scholarship of Rs. 30,000.
Category III : Scholarship for candidates with Work Experience
Candidates with work experience of at least one year with a minimum Rs 3.2 LPA will be awarded a scholarship of Rs 40,000. *No BPO Companies. Candidates with a CTC of Rs 5 LPA or higher will receive a scholarship of Rs 50,000.
Category IV: Single Mother
Candidates raised by a Single Mother, are awarded a scholarship of Rs 50,000 provided the candidate should have secured 60% and above marks in 10th, 12th and Graduation.
Category V: Girl Child:
The girl candidates with 65% & above in 10th, 12th, and Graduation will be awarded a scholarship of Rs 30,000 as an initiative to promote higher education of female students and educational parity.
Category VI: Meritorious Student:
A candidate who has achieved over 80% in their 10th, 12th, and graduation, as well as scored 85% percentile or higher in CAT/XAT, GMAT score of >650, and possesses 2 years of work experience with a 4LPA package, will be eligible for a 50% scholarship.
* The Final scholarship will be awarded based on the candidate's performance in the selection process.
Guidelines:
If any student is eligible for more than one category of scholarship, the maximum scholarship can go up to Rs. 1,50,000.
The amount of scholarship in various categories given above is offered to students as a percentage of tuition fees.
The scholarship is available for limited seats only in each category.
The decision of awarding scholarships depends on the Institute Scholarship Committee.
All the above-mentioned Scholarships will be applicable to the students who have secured more than 50% till their graduation level.