Indus Business Academy (IBA), Bengaluru is one of the top MBA colleges in Bengaluru, one of the top 1% colleges in India and one among the only 56 out of more than 5000 colleges in India to receive an International Accreditation by IACBE. World Consulting & Research Corporation (WCRC) has certified IBA (process evaluated by KPMG) as one of Asia’s fastest-growing Institutes. Media publications like Competition Success Review (CSR), Business India, Dainik Bhaskar among others have consistently ranked IBA amongst the top B-Schools in Bengaluru and India. IBA has created a niche for itself in the sea of management institutes through the culture it imbibes in its students. Indus Business Academy in Bengaluru is marching on the path to glory.
Bachelor’s degree in any field from any statutory University approved by UGC with minimum 50% marks (45% for SC/ST/OBC and other reserved categories) OR Applicants, who are in the final year of Bachelor’s degree, are also eligible to apply.
Applicant must appear for any one of the below-mentioned Entrance Tests and submit the photocopy of Score Card along with filled Application Form.
We accept scores of the following tests:
Disclaimer: IBA uses scores of the above-mentioned Tests for admission in its Management Programme. The Testing Bodies neither have any role in the selection process nor the conduct of the Management Programme.
|SCHOLARSHIP FOR MERITORIOUS STUDENTS (During Admission Phase)|
|Students who meet below mentioned criteria (a student will be awarded the best option, if eligible for more than one Criteria)|
|‘Pandit Jawaharlal Nehru Memorial Scholarship’: Student/s having aggregate (all subjects) marks of 60% or above in Class X, XII and Graduation, would be awarded a Scholarship of Rs.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 Rs.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 Rs.60,000/-|
|‘Atal Bihari Vajpayee Memorial Scholarship’: Student/s having aggregate (all subjects) marks of 60% or above in Class X, XII, Graduation and having percentile/Composite Score as mentioned below in the Entrance Tests would be awarded Scholarships as stated below:|
|CAT 2020 / XAT 2021 / GMAT or GRE (after July, 2020)||MAT 2020 & 201 / ATMA 2021||CMAT 2021||SCHOLARSHIP AMOUNT (Rs.)|
|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 to 749||90 to 94.99 percentile||75,000|
|70 to 79.99 percentile||Composite Score of 650 to 699||80 to 89.99 percentile||60,000|
|60 to 69.99 percentile||Composite Score of 600 to 649||70 to 79.99 percentile||50,000|
|DETAILS OF FEE – WAIVER TO DESERVING STUDENTS (During 3rd Term of PGDM Programme)|
|1st Academic Year|
|Mother Teresa Fee – Waiver||25,000/- to 35,000/-||10||Economically weak and Need based|
|2nd Academic Year|
|Tirthankara Mahavira Swami Fee – Waiver||25,000/- to 35,000/-||10||Economically weak and Need based|
|Shri B.M.L Jain Memorial Special Scholarship FOR WARDS OF DEFENCE & CRPF PERSONNEL|
(During 2nd Year of PGDM Programme)
|Our Founder Chairman Late Shri B.M.L Jain had a special appreciation towards the sacrifice which our Defence and CRPF personnel make for our nation. To recognise their contribution, IBA offers 25% Fee waiver (only Academics in 2nd year of the course) to their wards.|
|OBSM – Overseas Business Study Mission (During 2nd Year of PGDM Programme)|
|OBSM (Overseas Business Studies Mission)||Top 50% performers in Academics at the end of 1st year at IBA are given an opportunity for International Study Programme(OBSM). During OBSM, students visit B-Schools and corporations in countries like Singapore, Malaysia, Dubai, etc.|
|Details of Awards (During PGDM Programme)|
|Swami Vivekananda Memorial Award||12,000/-||1||Given to Topper in Academics in 1st Trimester|
|Dadabhai Naoroji Memorial Award||12,000/-||1||Given to 2nd Topper in Academics in 1st Trimester|
|Chhatrapati Shivaji Raje Bhosle Memorial Award||12,000/-||1||Given to Topper in Academics in 2nd Trimester|
|Mohandas Karamchand Gandhi Memorial Award||12,000/-||1||Given to 2nd Topper in Academics in 2nd Trimester|
|Dr. B.R Ambedkar Memorial Award||12,000/-||1||Given to Topper in Academics in 3rd Trimester|
|Shaheed Bhagat Singh Memorial Award||12,000/-||1||Given to 2nd Topper in Academics in 3rd Trimester|
|Dr. Sarvepalli Radhakrishnan Memorial Award||12,000/-||1||Given to Topper in Academics in 4th Trimester|
|Jayaprakash Narayan Memorial Award||12,000/-||1||Given to 2nd Topper in Academics in 4th Trimester|
|Maulana Abul Kalam Azad Memorial Award||12,000/-||1||Given to Topper in Academics in 5th Trimester|
|Rani Lakshmi Bai Memorial Award||12,000/-||1||Given to 2nd Topper in Academics in 5th Trimester|
|Rabindra Nath Tagore Memorial Award||12,000/-||1||Given to Topper in Academics in 6th Trimester|
|Lala Lajpat Rai Memorial Award||12,000/-||1||Given to 2nd Topper in Academics in 6th Trimester|
|Special Awards (Given on the Day of Convocation)|
Dr. Anil Agarwal
|51,000/-||1||Best IBA student (who excels in Academics, Discipline, Team Leadership & Extracurricular activities in all the 6 Trimesters of the course)|
|Shri B.M.L Jain|
Memorial Award (Gold Medals)
|11,000/-||–||This award is given to the students along with the Gold Medal who scores more than 8.7 CGPA at the completion of the PGDM Programme|
|Sir Mokshagundam Visvesvaraya|
Memorial Award (Silver Medals)
|11,000/-||–||This award is given to the students along with the Silver Medal who scores more than 8.3 CGPA at the completion of the PGDM Programme|
|Smt. Gyanmati Devi Jain|
|15,000/-||1||This Scholarship is given to a student who excels in different/unique areas like Research initiatives etc. (varies every year)|
|Smt. Padma Devi Jain|
|10,000/-||2||This award is given to top two students of the Batch on their performance during the Corporate Internship Programme as per the criteria decided by the Institute|
Batch 2021-23 (21st Batch)
POSTGRADUATE DIPLOMA IN MANAGEMENT
(2 Years Full-Time Residential Programme)
PROGRAMME FEE (PGDM & PGDM-General) - Bangalore Campus (for Indian Nationals)
Admission Processing Charges (Non-Refundable) ` 40,000/-
Security Deposit - Academics (Refundable after completion of the Course) ` 10,000/-
PARTICULARS AMOUNT (in ` )
First Installment (As mentioned in Admission Letter &
Inclusive of Admission Processing Charges) 1,39,000/-
Second Installment (by 22nd September 2021) 1,46,000/-
Third Installment (by 10th December 2021) 1,46,000/-
Fourth Installment (by 4th April 2022) 1,40,000/-
Fifth Installment (by 4th August, 2022) 1,40,000/-
Sixth Installment (by 1st December, 2022) 1,40,000/-
Total (for 2 years) 8,51,000/-
* Through Competitive Selection using CAT 2020, XAT 2021, MAT 2020 / 2021, CMAT 2021, ATMA 2021 & State Govt. Entrance Tests, GMAT / GRE 2020 / 2021 Scores
RESIDENTIAL (HOSTEL & MESS) CHARGES**
Annual Residential Registration Charges (Non-Refundable) ` 6,000/-
Security Deposit - Residential (Refundable after completion of the Course) ` 9,000/-
Categories of Rooms Available
st Academic Year
(At the time of Admission)
(in ` )
IInd Academic Year
(by 4th April, 2022)
(in ` )
Charges for 2 yrs.
(in ` )
Triple - Boys Hostel only 1,08,000/- 1,17,000/- 2,25,000/-
Double - Girls & Boys Hostel 1,17,000/- 1,26,000/- 2,43,000/-
Double (with attached toilet) - Girls & Boys Hostel 1,26,000/- 1,35,000/- 2,61,000/-
Single - Girls & Boys Hostel 1,35,000/- 1,44,000/- 2,79,000/-
Single (with attached toilet) - Girls Hostel only 1,62,000/- 1,71,000/- 3,33,000/-
** Category of rooms are subject to availability. If a student is asked to leave the course or withdraws from the course before the completion of an academic year,
he/she will forfeit the residential charges as per the rules of the Institute.
Note: IBA has separate hostels for boys & girls inside the campus.
Notes 1. The fee will only be accepted by Demand Draft in favour of “Arihant Education and Research Foundation”,
payable at ‘Bangalore’ or by NEFT / RTGS
2. Fee is inclusive of a laptop, select set of essential fundamental books and a set of IBA formals.
3. IBA Sponsors Top 50% students of the first year for OBSM (Overseas Business Study Mission-Educational Trip) to countries like Singapore,
Malaysia, Dubai etc. Those who are not eligible for scholarship can self-sponsor and be a part of this learning experience.
4. IBA offers several scholarships, awards and fee waivers to the deserving students, please turn overleaf or visit http://www.iba.ac.in for details.
5. Admission Processing Charges are non-refundable even if a student decides to withdraw the course before the commencement of the academic
session. Security Deposit is refundable only after completion of the course (For details: refer Joining Letter and Student Handbook).
Fee refund policy: Refer AICTE Fee refund guidelines.
6. All disputes are subject to Bangalore/Bengaluru jurisdiction only.
IBA is different. From its inception, it has focussed on the ‘relevance’ than the regular and thus has emerged the ‘preferred B-School’ of the Corporate. IBA’s successes are enabled by nearly 200 corporate value partners through rewarding placements of its students, enrichment of academics through associations with apex management and industry bodies such as
IBA’s forays into society have been through participation in the activities of Art of Living, Asha Niketan, TransIndia, SPIC Macay, etc.