|IBS| ICFAI Business School Scholarship 2024: Apply Online & All Details

ICFAI Business School Scholarship 2024 Apply Online & Registration Form | Benefits & Features | ICFAI Business School Scholarship Check Amount & Last Date | ICFAI Business School Scholarship Registration & Login Portal | Check Online Status & All Details |

The ICFAI Business School Scholarship was established by the IBS organization to provide financial aid to students seeking or completing BBA degrees at this institution. The top 100 students in each category—such as IBSAT, CAT, and NMAT—will get scholarships. The award recipients will be chosen based on their academic standing.

Today through this article we will provide you with all types of information about the ICFAI Business School Scholarship 2024 like purpose, Eligibility Criteria, Benefits, Features and important documents etc. Apart from this, we will share with you the process to apply online under this scholarship. To get complete information about this scholarship, read this article till the end. 

ICFAI Business School Scholarship 2024  

With the aid of the scholarship funds provided to them under the ICFAI Business School Scholarship, students who have passed the IBSAT or qualified for it will be able to enrol in the ICFAI Business School to pursue BBA and B.Com degrees. The pupils must pass the English language competency exam or receive the desired grades.

Students admitted to pursue a business degree at IBS can receive financial aid through this scholarship program, offering up to Rs. 10 crores upon passing the institution’s entrance exam. The initiative aims to support deserving applicants in their academic pursuits and foster excellence in business education.

Highlights of ICFAI Business School Scholarship

The highlights of this scholarship are as follows:- 

Objectives of ICFAI Business School Scholarship 2024 

The main objective of launching the ICFAI Business School Scholarship is to provide scholarship amounts to the students so that they will be able to get admission to this organization for pursuing business-based degrees offered by them to the students for opting. Job placement opportunities will also be provided to the students after the completion of their degrees. 

Another objective of launching the ICFAI Business School Scholarship is to promote the admissions of BBA degrees and B.com degrees among young students so that they will be able to undertake this degree as their career aspiration after getting the scholarship amounts. Scholarships will be provided to the students based on marks gained by them in an entrance test. 

List of Eligible Beneficiaries 

The following beneficiaries will be considered for application:- 

• IBS Alumni Wards 
• Wards of Defense Personnel 
• Students with Disability or PWD 

Offered Degrees

The offered degrees are as follows:-

• BBA
• B.Com or BA. Honors (Economics)

Academic Performance-Wise Scholarship Amount

The scholarship amount provided according to the academic performance are as follows:-

Semester Performance-Wise Scholarship Amount

The scholarship amount provided according to the semester performance are as follows:-

List Of Covered Cities 

The lists of covered cities are as follows:- 

• Hyderabad
• Mumbai
• Bengaluru
• Pune
• Gurgaon
• Kolkata
• Ahmedabad
• Jaipur
• Dehradun

List of Delegated IBS Campuses 

The lists of delegated IBS Campuses are as follows:- 

• IBS Hyderabad
• IBS Mumbai
• IBS Bengaluru
• IBS Pune
• IBS Gurgaon
• IBS Kolkata
• IBS Ahmadabad
• IBS Jaipur
• IBS Dehradun

Exam Details 

The details of the exam are as follows:- 

Minimum Marks Cut Off

The students will need to keep or secure the minimum marks cut off for getting admission to BBA or B.Com degrees at the ICFAI Business School with the help of scholarships. The students will need to secure aggregate marks of 50% in the BA degree. This marks will ensure their entry into the college.

ICFAI Business School Scholarship Selection Procedure

The students will be selected for the disbursement of scholarship amounts based on their merit performance on the Entrance Examination. Students who have qualified for this exam will be called for the Group Discussion and then for the Interview Round for the final selection procedure.  Then, the merit list will be prepared after carrying out these 2 rounds. 

Key Guidelines

Applicants for this scholarship should keep the following guidelines in mind:-

• Submit accurate information: It is essential to provide accurate and truthful information in the scholarship application form and supporting documents. Any false information may lead to the rejection of the scholarship application.
• Meet the deadlines: Students must ensure that they submit their scholarship application and supporting documents within the specified deadlines. Late submissions may not be considered.
• Prepare for GD and PI: As the scholarship evaluation process includes GD and PI, applicants should prepare themselves by researching and practicing common interview questions and participating in mock GD sessions.
• Keep track of notifications: Applicants should regularly check their email and the IBS website for any updates or notifications regarding the scholarship application process.
• Follow instructions: It is important to carefully read and follow all the instructions provided on the scholarship application form and the IBS website. Failure to comply with the instructions may result in the rejection of the application.

Mandatory Tests To Pass

The following tests will be mandatory to pass:-

• TOEFL
• NELT
• IELTS

ICFAI Business School Scholarship Last Date

Students can apply for the scholarship by submitting an online registration form. The specific last date for form submission has not been announced yet. Once the selection body releases the final date, we will provide an update on this article. It is advised to patiently await the release of the last date for registration.

Fee Structure

The fee structure at ICFAI Business School varies depending on the program and the branch. Here is a general overview of the fee structure:-

Programs Offered

• MBA – Master of Business Administration
• PGPM – Post Graduate Program in Management
• Ph.D. – Doctorate of Philosophy in Management

Fee Structure for MBA Program

The fee structure for the MBA program at ICFAI Business School is as follows:-

• Tuition Fee: INR 7,50,000 per annum
• Hostel and Mess Charges: INR 1,50,000 per annum
• Other Charges: INR 50,000 per annum

Fee Structure for PGPM Program

The fee structure for the PGPM program at ICFAI Business School is as follows:-

• Tuition Fee: INR 6,50,000 per annum
• Hostel and Mess Charges: INR 1,50,000 per annum
• Other Charges: INR 50,000 per annum

Fee Structure for Ph.D. Program

The fee structure for the Ph.D. program at ICFAI Business School is as follows:-

• Tuition Fee: INR 1,00,000 per annum
• Hostel and Mess Charges: INR 1,50,000 per annum
• Other Charges: INR 50,000 per annum

Please note that the fee structure mentioned above is subject to change and it is recommended to visit the official ICFAI Business School website for the most up-to-date information.

Scholarships

ICFAI Business School offers scholarships to meritorious students based on their academic performance. Here are some of the scholarships available:

Merit Scholarships

Merit scholarships are awarded to students based on their performance in the ICFAI Business School Admission Test (IBSAT) and their academic record. The scholarship amount can range from 25% to 100% of the tuition fee.

Special Scholarships

ICFAI Business School also provides special scholarships to students who meet certain criteria. These scholarships include:

• Top Ranker Scholarship
• Defense Personnel Scholarship
• SC/ST Scholarships
• North East Scholarships

It is important to note that the availability and criteria for scholarships may vary each year. It is advisable to visit the official ICFAI Business School website or contact the admissions office for the most accurate and up-to-date information regarding scholarships.

List of Branches

ICFAI Business School has multiple branches across India. Here is a list of branches:-

• Hyderabad
• Bengaluru
• Mumbai
• Kolkata
• Gurgaon
• Pune
• Ahmedabad
• Dehradun
• Jaipur

These branches offer the same quality of education and facilities, ensuring that students h

General Tips & Tricks 

Some of the general tips and tricks to apply online for this scholarship are as follows:- 

• Start by researching and understanding the ICFAI Business School Scholarship requirements and eligibility criteria.
• Collect all the necessary documents and information needed for the application process, such as academic records, personal information, and income details.
• Create an account on the ICFAI Business School Scholarship website or portal.
• Fill out the application form with accurate and complete information.
• Double-check all the entered details to avoid any errors.
• Submit the application form and all required documents before the deadline.
• Follow up with the scholarship committee to ensure receipt of your application.
• If there is an interview or selection process, prepare by researching common interview questions and practicing your responses.
• Stay updated with any communication from the scholarship committee regarding the status of your application.
• Keep track of other scholarships or financial aid opportunities in case you need a backup plan.

Benefits Of ICFAI Business School Scholarship 2024 

The benefits of this scholarship are as follows:- 

• Students will be able to pursue a BBA degree after getting enrolled under the ICFAI Business School Scholarship. 
• Students who want to pursue a B.Com degree from the IBS campus will be able to pursue it.
• This IBS campus has been located in 9 cities around the country. 
• Students from Pune, Hyderabad, Mumbai, Bengaluru, Gurgaon, Ahmedabad, Jaipur and Dehradun can take admissions as per their residence location. 
• Students who have been listed under the eligible beneficiaries will be considered eligible for getting registration. 
• Scholarship amounts will be provided to the students based on semester-wise. 
• The students who have qualified for the entrance exam will be called for the next 2 rounds. 
• Based on the merit performance of the student, the student will be finalized for providing the ICFAI Business School Scholarship. 
• Students’ previous year’s exam marks will also be taken into consideration for providing the scholarships.
• The test will be conducted on the computer through online mode. 

Features Of ICFAI Business School Scholarship 2024 

The features of this scholarship are as follows:- 

• The IBS Organization has launched the ICFAI Business School Scholarship.
• The student must have got admission to the IBS school.
• This scholarship will only be provided to those students who want to pursue a BBA degree from the IBA School.
• IBS organizations have been empanelled in around 9 cities across the states. 
• Students will receive the scholarship amount in the first and second semesters. 
• The scholarship amount will be provided to the students based on marks secured by them in the Entrance Examination or test. 
• The exam will be based on CBT. 
• MCQ-based questions will be asked. 
• Students will be finally selected based on performance secured by him or her in the Group Discussion and Personal Interview Round. 
• For getting more information regarding the ICFAI Business School Scholarship, the applicant can visit the official website. 

ICFAI Business School Scholarship Eligibility Criteria 

The applicants will need to follow the mentioned below eligibility criteria for getting online registration under this scholarship: –

• The student must be an Indian. 
• The students who want to pursue a BBA & B.com degree from the ICFAI Business School will be considered eligible. 
• The students will also need to submit the English Language proficiency test reports such as IELTS, TOEFL and NELT.
• The applicant must secure 50% aggregate marks in the BA degree in the previous year. 
• Students who are in the final year of their graduation will also be considered eligible to apply. 

Important Documents 

Some of the important documents to apply online under this scholarship are as follows:- 

• Aadhar Card
• Residence Certificate
• DOB Certificate
• Educational Certificates
• Admission Proof
• College ID Card
• Course or College Fee Receipt
• Bank Account Details
• Annual Income Certificate
• Latest Passport Size Photograph
• Working Email ID Address
• Active Mobile Number

Process To Apply Online Under ICFAI Business School Scholarship 2024 

Follow the mentioned points for getting online registration under this scholarship:- 

• Visit the Official Website first.

• Then you will get land on the homepage.
• Look at the top side of your screen. 
• Click on the link to Apply To IBS.

• Now you will get land on the new page. 
• Click on the link Click Here.

• The registration form will get displayed on your screen.
• Fill out this form by entering your details such as:-
  • First Name 
  • Last Name 
  • Father Name 
  • DOB
  • Gender 
  • Nationality 
  • First Line of Address 
  • Second Line of Address 
  • State
  • City
  • Pin Code 
  • Permanent Address 
  • Email 
  • Confirm Email 
  • Mobile Number
  • Confirm  Mobile Number
  • Aadhar No 
  • CAT Coaching Number 
  • CAT Coaching Center State 
  • CAT Coaching Center Area 
• Now click on the Proceed button. 
• After that, 3 more forms will get displayed on your screen.
• Fill out these forms step by step. 

To Do Login

The applicants will need to follow the below-mentioned points to do login:-

• The applicant will need first to visit the official website.
• On the homepage, click on the Login link.

• A new page will get displayed on your screen. 
• Select your login option.
• Then proceed with the login details.
• Click on the Submit or Login button. 

Getting Contact Details 

The applicants will need to follow the mentioned-below points for getting contact details:- 

• Visit the official website first. 
• Now you will be able to see the homepage on your screen. 
• Click on the Menu bar. 
• Then click on the link to Contact Us.

• The contact details will get displayed on your screen. 

Contact Information 

In case of queries and questions come to your mind regarding the  ICFAI Business School Scholarship, then you may contact this mentioned below office address, phone number and email Id:-

• Office Address:-
  • IBS Admission Office 
  • Plot No. 65,
  • Nagarjuna Hills 
  • Punjagutta,
  • Hyderabad – 50082 
  • Telangana 
• Phone Number:- 23440963
• Email Id:– ibsat@ibsindia.org