A scholarship of Rs. 10,00,000 is available by way of merit cum means on first cum first basis to the admitted candidates from merit category on the basis of their CAT/XAT/GMAT percentile subject to a minimum benchmark of 60 percentile.

Scholarship** on basis of Merit (MAT/CAT/XAT & CMAT percentile) cum means. 60-69.9: Rs 20000/-
70-79.9: Rs 30000/-
80-89.9: Rs 40000/-
90 and above: 50000/-


IBI make PGDM education more affordable to students by providing the provision for scholarships on the basis of merit and need.

The scholarship is given to deserving meritorious candidates based on the performance of their score, academic background and overall performance in GD/PI and interview round. Scholarship will be given after fulfilling the following criteria and at the discretion of management.

Please Note:

  • There is a provision of single scholarship and no two scholarships can be combined.
  • The amount of scholarship in various categories given above is offered to students as percentage of tuition fee.
  • Scholarship is available for limited seats only in each category.
  • The decision of awarding of scholarship is depends on the Institute Scholarship Committee.

Bank Loan Assistance

I-Business institute scholarship committee also has partnerships with certain banks to allow providing loans to students in an easier manner. This service assists candidates who can’t afford to pay for the PGDM program.