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ICFAI Business School (IBS), Hyderabad Scholarships 2025 - Details, Eligibility, Amount

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Updated on - Feb 02, 2024 08:44 PM IST

IBS Hyderabad Scholarships

IBS Hyderabad scholarships are awarded on the basis of merit-cum-means basis. In 2024-25, IBS Hyderabad will offer scholarships to its students' worth Rs 10 crores under various categories which include meritorious students, wards of ICFAI Business School (IBS) alumni, wards of defence personnel, and persons with disabilities. IBS Hyderabad awards merit scholarships to candidates who have shown exceptional performance in various management entrance and admission tests like IBSAT 2024. Candidates applying for MBA/PGDM and taking the December session IBSAT 2024 test are eligible. The scholarship amount will be adjusted in the first and second semesters after the enrolment in IBS Hyderabad during the payment of the IBS Hyderabad admission fees. The IBS Hyderabad scholarship will be disbursed under the ICFAI Business School Scholarship programme as mentioned below:

IBSAT 2024 Scholarship Eligibility Criteria

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

Merit Scholarships for the Class of 2026 - Highlights

ParticularsHighlights
Eligible Candidates

Individuals who excel in the IBSAT test, 

Children of IBS alumni, 

Physically challenged

From the families of in-service or retired defence personnel 

From the Army, Air Force, Navy, and Paramilitary Forces.

Eligibility CriteriaScholarships will only be offered to candidates who have appeared for the IBSAT-2024 test and have successfully qualified.
Admission and RegistrationCandidates must complete the admission process, pay the requisite admission fee, and register on the specified date to be eligible for the scholarship.
ApplicabilityThe awarded scholarship amount can be adjusted only against the programme fee and payment and cannot be utilised for any other purposes or fees.
Withdrawal PolicyApplicable fee refunds will be calculated after deducting the scholarship sum granted earlier.

The IBS Hyderabad scholarship will be disbursed under the ICFAI Business School Scholarship programme as mentioned below:

IBS Hyderabad Scholarships

Type of ScholarshipsNo. of ScholarshipsEligibility CriteriaScholarship
Scholarship for Meritorious StudentsTop 200 Qualify for IBSAT with cut-offRs 2,00,000
Top 100 NMAT RankersRs 2,00,000
Top 75CAT Qualified CandidatesRs 2,00,000
Top 25XAT Qualified CandidatesRs 2,00,000
Top 25GMAT Qualified CandidatesRs 2,00,000
Top 25CFA/CA/CS/ICWA Qualified Candidates (before Dec 2022)Rs 2,00,000
Scholarship for wards of IBS Alumni25Qualify IBSAT/NMAT/CAT/XAT and
GMAT with the respective cut-offs
Rs 2,00,000
Scholarship for wards of defence personnel15Qualify IBSAT/NMAT/CAT/XAT and
GMAT with the respective cut-offs
Rs 2,00,000
Scholarship for physically challenged candidates10Qualify IBSAT/NMAT/CAT/XAT and
GMAT with the respective cut-offs
Rs 2,00,000
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IBS offers scholarships of Rs 4 lakh to the top 100 candidates in each category of IBSAT, CAT, NMAT by GMAC TM, XAT, GMAT® test scores. The minimum scholarship eligibility cutoff scores are as follows-

  • NMAT by GMAC – 225 score
  • CAT – 80 percentile 
  • XAT – 80 percentile
  • GMAT – 640 score

The scholarship has already been announced and the last date to apply for it is January 31.

Scholarships are the monetary assistance given to the students who are meritorious and/or belong to the weaker section of society. Awarding scholarships is a way to provoke and encourage students to gain knowledge and education through a platform. ICFAI Business School Hyderabad (IBS Hyderabad) Scholarships helps students to gain help based on their academic performance. Those with a good educational track record can attempt to apply for the scholarships offered by IBS Hyderabad. These scholarships are offered under the defined norms of IFHE.

ICFAI Foundation for Higher Education (IFHE) offers IBS Hyderabad merit scholarships for the students taking admission in the BBA course offered by the institution. There are majorly two types of scholarships offered under the prescribed norms of IFHE. These are Scholarships based on the past academic record and Scholarships based on the semester-wise performance of the students during their BBA curriculum. Given below are the details of the two IBS Hyderabad Scholarships.

Merit Scholarships Based on Past Academic Record

These scholarships are given to the students who have a good academic record in their senior secondary examination ( Class 12 ) or equivalent, from a recognised institution. The percentage of the total aggregate of class 12 final examination will be calculated to churn out the qualifying students for the scholarship. Students with a percentage above 70 will be considered as eligible for the scholarship of this category. Students who wish to take this scholarship must also know that the scholarship can also be continued for all the semesters if the performance of the students remains above 6.0 GPA. Take a look of the table given below to understand the total percentage along with the amount of scholarship awarded to the eligible students.

Aggregate Percentage

Scholarship Per Semester (in INR)

Total Amount of Scholarship (in INR)

≥ 90

17,500

1,05,000

≥ 80-<90

12,000

72,000

≥70- < 80

7,500

45,000

Merit Scholarships Based on Semester-Wise Performance

Scholarships of this category are given to the students of BBA programme of IBS Hyderabad for their remarkable academic performance in the semester examinations of the course. 10% of the total number of students per academic session of Bachelor of Business Administration (BBA) will be awarded this scholarship. The Semester-Wise Performance Scholarship will be provided in addition to the Past Academic Record Scholarship to the deserving BBA students. Refer the table to understand the details.

Semester Performance

Scholarship Per Semester (in INR)

≥ 90

34,500

≥ 80.5-<90

25,300

≥80- < 80.5

17,250

Educational Loan

Students often opt for an educational loan to take admission into their desired course and complete the entire curriculum without any financial restraint and problem. IBS Hyderabad educational loan benefits students to take financial help from public sector banks, private sector banks and non-banking financial institutions. Financial Aid Cell at IBS Campuses helps students to get assistance for easy loan processes and completing all the paperwork without any major problems and difficulties.

Check out the list of few banks and financial institutions given below.

  • HDFC Bank
  • State Bank of India
  • Punjab National Bank
  • Axis Bank
  • Andhra Bank
  • Oriental Bank of Commerce
  • Credila Financial Services
  • Avanse Financial Services
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Related Questions

S

Shivangi Ahirwar, Content Team

-Answered on Oct-06-2024

Dear Student,

During the ICFAI Business School Hyderabad placements in 2024, the highest domestic package offered was INR 21 LPA, with an average package of INR 9.71 LPA. The placement rate was recorded at 94%, and Financial Services emerged as the top recruiting sector, placing 30% of the total students. Additionally, the top 10% average package was INR 17.66 LPA, and the top 25% average package was INR 13.97 LPA. The top recruiters who participated in ICFAI Business School Hyderabad placements in 2024 include Deloitte, Google, EY, Oracle, KPMG, HCL, Tata Capital, Wipro, ICICI Bank, and PwC. The placement statistics indicate a strong performance by the students at ICFAI Business School Hyderabad, with a high average package and a significant percentage of students being placed in the Financial Services sector. This demonstrates the reputation of the institution and the success of its placement efforts. If you are thinking about pursuing a UG or PG course from this college, you can fill out our Common Application Form!

r

riya, Student / Alumni

-Answered on July-24-2023
Let me tell the this thing that if you want to take admission in MBA than the eligibility for that is pass with 55% aggregate marks in Bachelor’s degree (any discipline) or equivalent, subject to qualifying LPUNEST or CAT or MAT or XAT or NMAT or CMAT and Interview Or Completed Company Secretary (CS) from Institute of Company Secretaries of India (ICSI), subject to qualifying Interview Or Completed Chartered Accountancy (CA) from Institute of Chartered Accountants of India (ICAI), subject to qualifying Interview Or Completed Cost & Management Accountancy (CMA) from Institute of Cost Accountants of India (ICAI)., subject to qualifying Interview, you need to fulfil this eligibility criteria for taking admission in LPU.
r

riya, Student / Alumni

-Answered on July-21-2023
Placements is not that easy task to do but if you are career oriented and make small small goals to achieve big in life then you can easily get placed in not only one company but in 3-4 companies because in LPU tons of companies come every year for placements. University conduct PEP classes, mock interview classes, webinars, workshops, guest lecture from expert students kept on participating in these activities by which their skill will be enhancing and their personality comes across better. The key points for students: • Attend all the lectures, maintain the attendance always and CGPA • Attend all the personal enhancement classes by which you work on your personality and soft skill. • Just believe in yourself and don’t realia on short cuts there is no short cut in life, do hard work keep on do that after you become pro in that then do smart work it will best for you own career. So dear, LPU will give you all which you need in order to find a great job, but it is YOU who has to grab the opportunity.
r

rubina, Student / Alumni

-Answered on July-04-2023
An MBA is only worth the expense, time, and effort when the graduate plans to work in a business-related field, in management, or as a company founder. An MBA may not be useful for those working in other industries unless they are in management or leadership roles.The MBA is much more than a degree in Business and Management it is an experience of personal and professional growth which gives participants the opportunity to explore a variety of non-traditional careers. Professionals who are committed to making the most of their studies are also able to introduce a major shift in their current lives. Whether it is to change their geographic focus and work location or to entirely switch industries, MBA participants have a lot to look forward to. Being a student of LPU, I have information about LPU courses and I am sharing with you all. LPU has considered one of the best private universities for MBA . The Mittal school of business is one of the best B- schools of India. LPU has been ranked among The top 25 institutions in India for many of its disciplines.Mittal school of business ranked from NIRF and position is 32th among all business institutions in India. LPU’s Mittal School of Business is among the first 10 institutions in India to get ACBSP (USA) accreditation. LPU is ranked No. 2 among Indian B-Schools in 'Outreach and Inclusivity by NIRF ranking released by MHRD, Government of India. LPU provide various specialization programme in Master of Business Administration [MBA] In LPU, MBA fees vary with the specializations. Below is the list of MBA specializations: • MBA {Hons.} • MBA Hospital and Healthcare Management • MBA Tourism and Hospitality • MBA International Business • MBA Business Analytics • MBA Financial Markets • MBA Supply Chain and logistics. Building Entrepreneurial Mindset:MSB provides active support to students who wish to start their careers in the realm of entrepreneurship. The Start-Up School of LPU gives students exposure through Boot Camps, workshops, industry connections and also supports them by exposing them to industry networks. International Collaboration:Offering robust international exposure through holistic collaboration, MSB has connected with leading universities across USA, UK, Australia, France, Estonia, and Canada. This provides a chance to students to get holistic global exposure. PLACEMENT:LPU attracts more than 600 companies to campus for its students. its your passion and you’re learning from the program which land you on the highest of packages The students bagged the best placements every year it has been increasing students are bagging 18- 20 LPA packages. Yes, there have been Impeccable placement records with more than 150 companies, including ITC, Asian Paints, HDFC, Federal Bank, Royal Bank of Scotland, Moody’s Analytics, WNS Global, Amazon, Flip kart, COGNIZANT, OPTMYZER etc.the highest package is of INR 28 LPA was offered by VMWARE,19 LPA by OPTMYZER and on an average package will be 4LPA TO 6.9 LPA with nearly 90 % placement rates.