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