Indus Business Academy, Bangalore offers following scholarships & Awards worth 5.46 crores for meritorious students Students who meet the below-mentioned criteria (a student will be awarded the best option, if eligible for more than one Criteria).
Scholarship for Meritorious Candidates (Awarded during the Admission Phase)
- Pandit Jawaharlal Nehru Memorial Scholarship: Students having aggregate (all subjects) marks of 60% or above in Class X, XII and Graduation, would be awarded a Scholarship of INR 40,000.
- Sardar Vallabhbhai Jhaverbhai Patel Memorial Scholarship: Student/s having aggregate (all subjects) marks of 70% or above in Class X, XII and Graduation, would be awarded a Scholarship of INR 50,000.
- Netaji Subhas Chandra Bose Memorial Scholarship Student/s having aggregate (all subjects) marks of 80% or above in Class X, XII and Graduation, would be awarded a Scholarship of INR 60,000.
- Atal Bihari Vajpayee Memorial Scholarship: Students having aggregate (all subjects) marks of 60% or above in Class X, XII, Graduation and having percentile as mentioned below in the Entrance Tests would be awarded Scholarship as stated below:
CAT 2019/ XAT 2020/ GMAT/ GRE (after July 2019) | MAT 2019 & 2020/ ATMA 2020 | CMAT 2020 | Scholarship Amount (INR) |
85 percentile or above | Composite Score of 750 or above | 95 percentile or above | 1,00,000 |
80 to 84.99 percentile | Composite Score of 700 or 749 | 90 to 94.99 percentile | 75,000 |
70 to 79.99 percentile | Composite Score of 650 or 699 | 80 to 89.99 percentile | 60,000 |
60.69 percentile | Composite Score of 600 or 649 | 70 to 79.99 percentile | 50,000 |
Fee waiver for Economically and Need-based Candidates (Offered during the 3rd term of PGDM program)
Name |
Amount (INR) |
No. of Scholarships |
Offered during 1st Academic Year |
||
Mother Teresa Fee Waiver |
25,000 – 35,000 |
10 |
Offered during 2nd Academic Year |
||
Tirthankara Mahavira Swami Fee Waiver |
25,000 – 35,000 |
10 |
Special Scholarship
25% fee waiver for the wards of Defence & CRPF Personnel (Offered during the 2nd year of PDGM Program).
Overseas Business Studies Mission (OBSM)
- OBSM is provided during the 2nd year of the PGDM program to the Top 100 performers in Academics are given an opportunity for International Study Program (OBSM). During which the students visit B-Schools and corporations in countries like Malaysia, Singapore, etc.
- Total No. of Scholarship: 100
Awards offered during the PGDM Program (INR 12,000 per award)
Name |
Criteria |
Swami Vivekananda Memorial Award |
Awarded to Topper in Academics in 1st Trimester |
Dadabhai Naoroji Memorial Award |
Awarded to 2nd Topper in Academics in 1st Trimester |
Chhatrapati Shivaji Raje Bhosle Memorial Award |
Awarded to Topper in Academics in 2nd Trimester |
Motilal Nehru Memorial Award |
Awarded to 2nd Topper in Academics in 2nd Trimester |
Dr. B.R Ambedkar Memorial Award |
Awarded to Topper in Academics in 3rd Trimester |
Shaheed Bhagat Singh Memorial Award |
Awarded to 2nd Topper in Academics in 3rd Trimester |
Rasipuram Krishnaswami Iyer Narayanaswami Memorial Award |
Awarded to Topper in Academics in 4th Trimester |
Jayaprakash Narayan Memorial Award |
Awarded to 2nd Topper in Academics in 4th Trimester |
Maulana Abul Kalam Azad Memorial Award |
Awarded to Topper in Academics in 5th Trimester |
Rani Lakshmi Bai Memorial Award |
Awarded to 2nd Topper in Academics in 5th Trimester |
Rabindra Nath Tagore Memorial Award |
Awarded to Topper in Academics in 6th Trimester |
Lala Lajpat Rai Memorial Award |
Awarded to 2nd Topper in Academics in 6th Trimester |
Awards offered during the Day of Convocation
Name |
Criteria |
No. of Scholarships |
Amount (INR) |
Dr. Anil Agarwal Memorial Award |
Best IBA student (who excels in Academics & extracurricular activities in all the 6 Trimesters of the course) |
1 |
51,000 |
Mohandas Karamchand Gandhi Memorial Award |
Students who have scored more than 8.7 CGPA at the completion of PGDM program |
Max. 5 |
11,000 |
Sir Mokshagundam Visvesvaraya Memorial Award |
Students who have scored more than 8.3 CGPA at the completion of PGDM Program |
Max 5 |
11,000 |
Late Smt. Padma Devi Jain Memorial Award |
This award is given to a student who consistently maintains excellent attendance from 1st Trimester to 6th Trimester |
1 |
10,000 |
Late Smt. Gyanmati Devi Jain Memorial Award |
This award is given to a student who excels in different/ unique areas like Research initiatives etc. (varies every year) |
1 |
15,000 |
Late Shri. Vishwa Prakash Gupta Memorial Award |
This award is given to Best performer in subject “Management Skills” at the end of 1st year & 2nd year respectively |
2 |
7,000 |