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        <h1>ICFAI Foundation announces IBSAT 2025 online MBA entrance exam with 10 crore scholarship fund</h1> The ICFAI Foundation for Higher Education announced IBSAT 2025, an online MBA/PGPM entrance exam for nine business school campuses, opening applications from July 1, 2025. The exam will be conducted on December 27-28, 2025, with remote proctoring available. Candidates with valid CAT, NMAT, XAT, or GMAT scores are exempted but can still take the test for scholarship eligibility. The selection process includes micro presentations and personal interviews starting February 2026. Merit-based scholarships worth 10 crore rupees are available, including 500 scholarships of 2 lakh each. Program fees range from 7.02 lakh to 17.01 lakh across different campuses.

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