ICFAI Business School Scholarship 2024: Apply Online & Eligibility

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

The IBS  organization has launched the ICFAI Business School Scholarship. This scholarship is for those students who have completed their Bachelor’s Degree and want to continue their education. To take advantage of this scholarship, students have to give the entrance examination, but students will also get a scholarship for this entrance examination. Those students who are willing to work in corporate sectors across the country or abroad can apply for this scholarship.

Today through this article we will provide you with all the information about the ICFAI Business School Scholarship like objectives, highlights, timelines, eligibility criteria, benefits, features and important documents etc. Apart from this, we will also provide you with the process to apply online under this fellowship. If you want to grab all the information about this scholarship, read this article till the end.

ICFAI Business School Scholarship 2024

The ICFAI Business School Scholarship has been launched by the IBS Organization. Students who have completed their Bachelor’s Degree can take advantage of this scholarship. This scholarship will also provide placement opportunities for those who are willing to be a part of the corporate world. An amount of Rs. 10 crores will be provided to the students under different categories.

ICFAI Business School Scholarship is an amazing opportunity for students to make their future brighter and to get success in their life. The students have to give the entrance examination to get the advantage of this scholarship. There are many students who got the advantage of this scholarship and now they are also working in corporate sectors across the country and abroad.

ICFAI Business School Scholarship 2023: Apply Online & Eligibility

Highlights Of ICFAI Business School Scholarship 2024

The highlights of the scholarship are given below:-

Name of the ScholarshipICFAI Business School Scholarship
Launched By IBS  Organization 
Launched UnderCentral Government
MinistryMinistry of Electronics and Information Technology
ObjectiveTo provide financial assistance to the students
BenefitStudents with BA Degree
Applicable To Citizens of India 
Number Of Campuses
Campus Of ICFAIIBS  Hyderabad
IBS  Mumbai
IBS  Bengaluru
IBS Pune
IBS Gurgaon
IBS Kolkata
IBS  Jaipur
IBS Dehradun
BeneficiariesStudents
Students CategoryIBS  Alumni Wards
Wards of Defense Personnel
Candidates with Disability
Number of Graduated Students from IBS65000 
Date Of ApplicationUpdated Soon
Date Of ExaminationUpdated Soon
Form of BenefitScholarship  amount
Amount Of Scholarship 10 crore  rupees under different categories
Payment Mechanisme-payment mechanism 
Mode Of ApplicationOnline 
Office AddressIBS  Admission Office
Plot Number 65
Nagarjuna Hills
Punjagutta,
Hyderabad-500082
Telangana
Contact Number040- 2344 0963
Email ID[email protected] 
Official Websitewww.ibsindia.org

Objective Of ICFAI Business School Scholarship 2024 

The main objective of ICFAI Business School Scholarship is to provide financial assistance to the students to carry forward their further education. Those students who are undertaking a BA degree or graduate can take advantage of this scholarship.  This scholarship is helping students to be a part of the IBS organization which is present all over the country. This scholarship will help the students to succeed in their life and to move toward employment.

Another objective of the ICFAI Business School Scholarship is to attract students so that they can take admitted to this institute. This scholarship provides an amazing opportunity for students by providing placement for students who are willing to be a part of the corporate world. There are many students who want to take admitted to the recognised colleges of MBA and Business schools for the best studies. If they are good in academics then they can apply for the scholarship.

Beneficiary Category

The ICFAI Business School Scholarship is available to students who meet specific criteria. The scholarship is open to both domestic and international students. The eligibility criteria vary depending on the scholarship program. Some scholarships are merit-based, while others are need-based. It is important to carefully review the eligibility requirements for each scholarship program before applying.

Application Enrollment Last Dates

The application enrollment last dates for the ICFAI Business School Scholarship vary for each scholarship program. It is recommended to visit the official website of ICFAI Business School or contact the admissions office to get the most up-to-date information regarding the application deadlines. Missing the deadline may result in the rejection of your scholarship application, so make sure to submit your application before the specified last date.

Selection Procedure

The selection procedure for the ICFAI Business School Scholarship is a competitive process. The scholarship committee evaluates the applications based on various factors, including academic performance, extracurricular activities, leadership skills, and personal achievements. Shortlisted candidates may be required to attend an interview or provide additional documentation to support their application. The final selection is made based on the overall evaluation of the candidate’s profile.

Implementation Procedure

Once selected for the ICFAI Business School Scholarship, the implementation procedure involves completing the necessary documentation and fulfilling any additional requirements specified by the scholarship committee. The scholarship amount is disbursed directly to the student’s account or applied towards the tuition fees, depending on the scholarship program. It is important to follow the instructions provided by the scholarship committee to ensure a smooth implementation process.

Supervision Body

The ICFAI Business School Scholarship is supervised by a dedicated committee that oversees the entire scholarship process. The committee ensures transparency, fairness, and adherence to the scholarship guidelines. Any queries or concerns regarding the scholarship can be addressed to the supervision body for clarification and assistance.

Key Guidelines

  • Read the eligibility criteria carefully before applying for the scholarship.
  • Ensure that all required documents are submitted along with the application.
  • Highlight your achievements and strengths in the application.
  • Prepare for any interviews or additional evaluations that may be part of the selection process.
  • Follow the instructions provided by the scholarship committee for a smooth implementation process.
  • Maintain a good academic record throughout your course of study.
  • Stay updated with the latest information and announcements regarding the scholarship.
  • Seek guidance from the admissions office or scholarship committee if you have any doubts or queries.
  • Be proactive in exploring other scholarship opportunities that may be available.
  • Express gratitude and appreciation if you are awarded the scholarship.

Important Instructions

  • Submit your scholarship application before the specified last date to avoid rejection.
  • Ensure that all the information provided in the application is accurate and up-to-date.
  • Keep copies of all the documents submitted for future reference.
  • Check your email regularly for any communication regarding the scholarship.
  • Notify the scholarship committee if there are any changes in your contact information.
  • Follow the scholarship guidelines and code of conduct throughout your association with ICFAI Business School.
  • Notify the scholarship committee if you encounter any difficulties or challenges that may impact your scholarship.
  • Maintain regular communication with the scholarship committee for any updates or clarifications.
  • Adhere to the terms and conditions of the scholarship agreement.
  • Make the most of the scholarship opportunity and strive for excellence in your academic journey.

Tips and Tricks

  • Start the application process early to allow sufficient time for gathering documents and preparing a strong application.
  • Highlight your unique qualities and experiences that make you stand out from other applicants.
  • Seek feedback from mentors or teachers to improve your application.
  • Write a compelling personal statement that showcases your passion and commitment.
  • Proofread your application to eliminate any errors or typos.
  • Prepare for interviews by researching common interview questions and practicing your responses.
  • Network with current scholarship recipients or alumni to gain insights and advice.
  • Stay organized by keeping track of deadlines and requirements using a planner or digital calendar.
  • Be persistent and don’t get discouraged if you face rejections. Keep applying for other scholarship opportunities.
  • Stay positive and believe in your abilities. Scholarships are awarded to deserving candidates, and you have the potential to succeed.

General Points to Remember

  • Scholarships are competitive, so it is important to put your best foot forward in the application process.
  • Take the time to research and understand each scholarship program before applying.
  • Apply for multiple scholarships to increase your chances of receiving financial assistance.
  • Stay organized and keep track of deadlines to avoid missing out on opportunities.
  • Don’t hesitate to seek guidance or support from the admissions office or scholarship committee.
  • Remember that scholarships are not just about financial aid, but also recognition of your achievements and potential.
  • Be grateful for any scholarship opportunities you receive and make the most of them.
  • Pay it forward by supporting and encouraging other students in their scholarship journey.
  • Stay motivated and focused on your goals, knowing that your hard work and dedication will pay off.
  • Believe in yourself and your abilities. You have what it takes to succeed!

List Of Campus

The list of ICFAI Business School is given below:-

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

Students Category

 The categories of students are given below:-

  • IBS Alumni Wards
  • Wards of Defense Personnel
  • Candidates with disability

Details Of Exam

The details of the exam pattern are given below:-

  • IBSAT Is a Computer Based test and will be 2 hours long.
  •  Multiple choice questions will be given in the entrance examination.
  •  The eligibility of the candidate for admission to the school will be checked by an entrance examination.
  • IBSAT is generally conducted once a year, over a window of two days in the month of December. 
  • If students will qualify for the entrance examination then they have to go through the process of selection.

Procedure Of Selection

To get the advantage of this scholarship, students have to go through the selection procedure. The entrance examination will be held by the organization for selection for the MBA program. This examination is conducted once a year by the IBS organization. If a student is selected in the entrance examination then they have to go to the second round of group discussion and personal interview rounds.

List Of Covered Cities 

The lists of covered cities are as follows:- 

Hyderabad Mumbai Bengaluru 
PuneGurgaon Kolkata 
Ahmedabad JaipurDehradun 

Benefits Of ICFAI Business School Scholarship 2024

The benefits of this scholarship are given below:-

  • The ICFAI Business School Scholarship has been launched by the IBS  organization.
  • Financial assistance will be provided to the students to carry forward their further education.
  • ICFAI Business School is spread across the country and students can enroll according to their eligibility.
  • More than 65,000 students have benefited from this scholarship by graduating from the organization.
  • This scholarship will also provide outstanding placement opportunities for students who are willing to be a part of the corporate world.
  • Students will also get an amazing opportunity to take admitted to recognised MBA colleges.
  • After getting the scholarship, students will succeed in their life and the employment rate will also increase.
  • Students will be provided 10 crore rupees under different categories.
  • This scholarship provides an amazing opportunity to get higher education.
  •  To get more information about the ICFAI Business School Scholarship, students can visit the official website.

Features Of ICFAI Business School Scholarship 2024

The features of this scholarship are given below:-

  •  The IBS Organization has launched the ICFAI Business School Scholarship.
  •   Students who want to take admitted to MBA colleges can take advantage of the scholarship.
  •  Students must be toppers in IBSAT, NMAT, CAT, XAT, GMAT Or qualified CFA, CA, CS, and ICWA.
  • This scholarship will provide financial assistance to the students without any hurdles.
  •  Students must be IBS Alumni Wards, Wards of Defense Personnel and Candidates With Disabilities.
  •  There are 9 campuses spread across the country.
  •  students have to go through the selection procedure for this scholarship.
  •  There will be 3 rounds to get eligible for the scholarship.
  •  The first round will be a 2-hour long Computer Based test.
  • You can visit the official website of the ICFAI Business School Scholarship to get more information.

Eligibility Criteria For ICFAI Business School Scholarship

 The eligibility criteria for this scholarship are given below:-

  • Students must have a Bachelor’s Degree.
  •  Students must secure 50% marks in their previous exam.
  •  Students must be proficient in the English language.
  •  Those students who are in the final year of graduation can also apply for the scholarship.
  •  Those students who are willing to pursue an MBA/ PGPM degree are eligible for this scholarship.

Important Documents

  Some of the important documents required for this scholarship are given below:-

  • Education certificate
  •  Residence certificate
  •  Annual income certificate
  •  Aadhar card
  •  Passport size photograph
  •  Mobile number
  •  Email ID

Process To Apply Online Under ICFAI Business School Scholarship 

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 to Click Here.
  • The registration form will get displayed on your screen.
  • Fill 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.

To Get Contact Details

 To get contact details, students can follow the procedure given below:-

  • First, visit the official website of the scholarship.
  •  The home page will appear in front of you.
  •  Now click on the menu option.
  •  Scroll down.
  •  At last, you will get the Contact Us option.
  • Click on that option.
  •  Here you will get all the contact details.

Contact Details

 If you have any queries regarding the ICFAI Business School Scholarship, then you can contact me on the details given below:-

  • Office Address:-  
    • IBS Admission office
    • Plot No.65,
    • Nagarjuna Hills
    • Punjagutta,
    • Hyderabad-500082
    • Telangana
  • Contact no. :-040-23440963
  • Email Id:- [email protected]

ICFAI Business School Scholarship: Top 10 FAQs

  • What types of scholarships does ICFAI Business School offer?

ICFAI Business School offers a range of scholarships to help deserving students pursue their academic goals. These scholarships include merit-based scholarships, need-based scholarships, sports scholarships, and special category scholarships.

  • How can I apply for a scholarship at ICFAI Business School?

To apply for a scholarship at ICFAI Business School, you will need to submit a scholarship application along with your regular admission application. Make sure to check the specific requirements for each scholarship and submit all necessary documents by the deadline.

  • What are the eligibility criteria for ICFAI Business School scholarships?

The eligibility criteria for ICFAI Business School scholarships vary depending on the type of scholarship you are applying for. Generally, criteria such as academic performance, extracurricular activities, and financial need are taken into consideration.

  • How are scholarship recipients selected at ICFAI Business School?

Scholarship recipients at ICFAI Business School are selected based on a thorough review of their scholarship application, academic records, and any additional criteria specified for each scholarship. The selection process is competitive, so make sure to highlight your achievements and qualifications in your application.

  • Can international students apply for scholarships at ICFAI Business School?

Yes, international students are eligible to apply for scholarships at ICFAI Business School. However, they may be required to meet additional eligibility criteria and provide proof of their academic qualifications and financial status.

  • What is the value of scholarships at ICFAI Business School?

The value of scholarships at ICFAI Business School varies depending on the type of scholarship and the individual student’s qualifications. Some scholarships may cover full tuition fees, while others may provide partial financial support.

  • Are scholarships renewable at ICFAI Business School?

Some scholarships at ICFAI Business School are renewable for multiple years, provided that the recipient maintains a certain level of academic performance and meets any other requirements specified by the scholarship committee.

  • How can I increase my chances of receiving a scholarship at ICFAI Business School?

To increase your chances of receiving a scholarship at ICFAI Business School, make sure to submit a complete and compelling scholarship application that showcases your academic achievements, extracurricular activities, and personal strengths. Additionally, consider reaching out to professors or mentors for letters of recommendation to support your application.

  • When will I know if I have been awarded a scholarship at ICFAI Business School?

The timeline for scholarship notifications at ICFAI Business School may vary, but generally, recipients are notified shortly after the admission decision is made. Make sure to check your email regularly for updates on your scholarship application status.

  • Where can I find more information about scholarships at ICFAI Business School?

For more information about scholarships at ICFAI Business School, visit the official school website or contact the admissions office directly. They will be able to provide you with detailed information about scholarship opportunities, eligibility criteria, and application procedures.

Leave a Comment