The National Talent Hunt Program (NTHP) was launched in 2004 with the objective to prepare high achieving students from the less-privileged regions of the country for the IBA's aptitude test for BBA and BS degree programs. It is an eight-week intensive, merit-cum-need-based orientation program, designed to train students mainly in the areas of English, Mathematics and Presentation and Interviewing skills. Upon successful completion of the Program, trainees appear in the IBA's aptitude test for BBA and BS degree programs. Once enrolled in IBA, students are provided scholarship (Depending upon the need criteria of student)  for the entire duration (four years) of the concerned program. The scholarship comprises boarding and lodging, tuition and other fees charged by the IBA, and stipend.

Recipients of the NTHP scholarships must maintain a cumulative GPA of 2.2 and above. In case their GPAs fall below this threshold, as per the IBA rules, they are placed under probation and given an opportunity to repeat the course under the guidance of the Faculty Advisor. If they fail to improve in the next round of tests, they are not allowed to continue studying at the IBA.