The IBS organization has recently introduced the ICFAI Business School Scholarship, which aims to provide financial support to students pursuing BBA degrees at the school. This scholarship program will extend to the top 100 students in categories like IBSAT, CAT, and NMAT, and the selection will be primarily based on academic performance.
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In this article, we will provide you with comprehensive information about the ICFAI Business School Scholarship 2023, including its purpose, eligibility criteria, benefits, features, necessary documents, and the application process. Please read through this article to gain a complete understanding of this scholarship opportunity.
ICFAI Business School Scholarship 2023
Students who have successfully cleared the IBSAT exam are eligible for admission to ICFAI Business School for pursuing BBA and B.Com degrees with the support of scholarships offered under the ICFAI Business School Scholarship program. Additionally, students must meet the required marks in the English language proficiency test.
The primary aim of the IBS is to provide financial assistance to deserving students who aspire to join the school for business-related programs. The scholarship program has earmarked a substantial amount of Rs. 10 crores for students who clear the entrance test conducted by the institution.
Objectives of ICFAI Business School Scholarship 2023
The main objectives of launching the ICFAI Business School Scholarship are:
- To provide financial support to students seeking admission to the institution for business degrees.
- To facilitate job placement opportunities for students after completing their degrees.
- To promote admissions to BBA and B.Com degrees among young students by offering scholarships based on entrance test scores.
ICFAI Business School Scholarship Eligible Beneficiaries
The following categories of students are considered eligible for the ICFAI Business School Scholarship:
- IBS Alumni Wards
- Wards of Defense Personnel
- Students with Disabilities or PWD
ICFAI Business School Scholarship Offered Degrees
The ICFAI Business School offers the following degrees under this scholarship program:
- BBA
- B.Com or BA Honors (Economics)
ICFAI Business School Scholarship Minimum Marks
To be eligible for admission to BBA or B.Com degrees at ICFAI Business School with the support of scholarships, students must secure a minimum aggregate of 50% marks in the BA degree.
ICFAI Business School Scholarship Selection Procedure
The selection of students for the scholarship disbursement will be based on their performance in the Entrance Examination. Qualifying students will undergo a Group Discussion and Interview Round for the final selection. The merit list will be prepared after considering these two rounds.
ICFAI Business School Scholarship Mandatory Tests To Pass
Applicants must pass the following tests:
- TOEFL
- NELT
- IELTS
ICFAI Business School Scholarship 2023 Last Date
Students can apply for the scholarship by submitting an online registration form. However, the specific deadline for form submission has not been announced yet. Keep an eye out for updates on this article for the release of the last date for registration.
ICFAI Business School Scholarship Tips
Here are some general tips and tricks for applying online for this scholarship:
- Begin by thoroughly researching and understanding the ICFAI Business School Scholarship requirements and eligibility criteria.
- Gather all the necessary documents and information needed for the application process, including academic records, personal details, and income information.
- Create an account on the ICFAI Business School Scholarship website or portal.
- Fill out the application form accurately and completely, verifying all entered details to avoid errors.
- Submit the application form and all required documents well before the deadline.
- Stay in touch with the scholarship committee for updates on your application status.
- If there is an interview or selection process, prepare by researching common interview questions and practicing your responses.
- Stay informed about other scholarship or financial aid opportunities as a backup plan.
Benefits Of ICFAI Business School Scholarship 2023
The advantages of this scholarship program include:
- Pursuit of a BBA degree at ICFAI Business School.
- Opportunity to pursue a B.Com degree at the IBS campus.
- ICFAI Business School campuses located in 9 cities across the country.
- Eligibility for students residing in Pune, Hyderabad, Mumbai, Bengaluru, Gurgaon, Ahmedabad, Jaipur, and Dehradun.
- Scholarship disbursement on a semester-wise basis.
- Selection based on merit performance in the entrance exam.
- Consideration of previous year’s exam marks for scholarship eligibility.
- Computer-based testing (CBT) format for the entrance exam.
Features Of ICFAI Business School Scholarship 2023
Key features of this scholarship program include:
- Introduction by the IBS Organization.
- Exclusively for students pursuing a BBA degree at ICFAI Business School.
- Presence of IBS campuses in 9 cities across India.
- Scholarship disbursement in the first and second semesters.
- Selection based on merit performance in the Entrance Examination.
- Computer-based testing (CBT) format for the entrance exam.
- Final selection based on performance in the Group Discussion and Personal Interview Round.
- For additional information regarding the ICFAI Business School Scholarship, applicants can visit the official website.
ICFAI Business School Scholarship Eligibility Criteria
To qualify for online registration under this scholarship, applicants must meet the following eligibility criteria:
- Indian citizenship.
- Pursuing a BBA or B.Com degree from ICFAI Business School.
- Submission of English Language proficiency test reports (e.g., IELTS, TOEFL, NELT).
- Minimum 50% aggregate marks in the BA degree for the previous year.
- Final-year graduation students are also eligible to apply.
ICFAI Business School Scholarship Documents
Required documents for online scholarship application include:
- Aadhar Card
- Residence Certificate
- Date of Birth (DOB) Certificate
- Educational Certificates
- Admission Proof
- College ID Card
- Course or College Fee Receipt
- Bank Account Details
- Annual Income Certificate
- Latest Passport Size Photograph
- Active Email Address
- Mobile Number
ICFAI Business School Scholarship 2023 Online Application
To apply online for the scholarship, follow these steps:
- Visit the official website.
- Navigate to the top of the homepage.
- Click on the “Apply To IBS” link.
- On the new page, click on “Click Here.”
You will then see the registration form on your screen. Fill out the form by providing your details such as:
- First Name
- Last Name
- Father’s Name
- Date of Birth (DOB)
- Gender
- Nationality
- Address Details
- Email Address
- Mobile Number
- Aadhar Number
- CAT Coaching Information
Click the “Proceed” button to continue. You will then encounter three more forms to fill out step by step.
ICFAI Business School Scholarship Login
Follow these steps to log in:
- Visit the official website.
- On the homepage, click on the “Login” link.
- On the new page, select your login option.
- Provide your login details.
- Click “Submit” or “Login.”
ICFAI Business School Scholarship Contact details
For any inquiries or questions regarding the ICFAI Business School Scholarship, you may contact the following 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
