How SDMIMD Mysore offers 100+ Student Scholarships: Know key Schemes, Criteria, Amount

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Amit Agnihotri
Columnist & Author, MBAUniverse.com
Updated on October 21, 2020
SDMIMD Mysore , One of the well reputed B-schools with dual international accreditation that offers quality education with commitment, offers yearly scholarships worth Rs.75 lakhs to 100 students of different category. The aim of offering the scholarships is to reward the merit and performance of the students in their pursuit of a career in management, says Dr N R Parasuraman, Director, SDMIMD
SDMIMD Mysore Scholarship

In the Covid-19 pandemic times, when many B-schools in India are struggling to sustain themselves with their fee structure and cost cutting measures, SDMIMD Mysore one of the well reputed B-schools with dual international accreditation that offers quality education with commitment, has not only increased the amount of yearly scholarships to Rs.75 lakhs from earlier Rs.50 lakhs but has also increased the number of prospective scholarship awardees to about 100 students in different categories. 

SDMIMD Mysore Admissions 2021 - Apply Now

Sharing with MBAUniverse.com, Dr N R Parasuraman, Director, SDMIMD Mysore said, “SDM Institute for Management Development (SDMIMD), based in Mysore, Karnataka has decided to provide scholarships to the tune of 75 lakhs per academic year. The aim is to reward the merit and performance of the students. Yearly, around 100 students get the Scholarships amounting Rs. 75 Lakhs.”

Scholarship schemes at SDMIMD are one of the key attractions for the students. The Merit Scholarship Scheme and Merit cum Means Scholarship Scheme at SDMIMD is a key differentiator from other institutes. Candidates looking for MBA from the best MBA colleges which have moderate Fee structure, cut offs and good placement record can find SDMIMD as one of the preferred management institutes

SDMIMD Scholarship Schemes
SDMIMD has introduced various scholarship schemes as specified below,for aspiring students of the PGDM programme.

  • Entry Merit Scholarship 
  • Empowering Woman Scholarship 
  • Student Exchange Subsidy 
  • Student Merit Scholarship 

SDMIMD Diversity Focused Scholarship Schemes
Apart from the students with engineering and commerce back grounds, SDMIMD is looking for greater diversity in its class rooms. As such more scholarship schemes for the students with good score in class 10, 12 and bachelor’s degree have been introduced to improve the diversity.

These Merit Scholarship Schemes motivate the academic achievers from different disciplines to take-up the SDMIMD PGDM Program. The Merit Scholarship of Rs. 75,000 is introduced to applicants who have 70% or above aggregate marks in 10th, 12th and Graduation.

SDMIMD Scholarship for Women Students
With the focus to empower and motivate the girl students, SDMIMD has introduced specific scholarship schemes for the women with good performance in academics from class 10 to graduation.  'Empowering Women' scholarship of Rs. 50,000 to support Women is available to the girl students with aggregate marks of 60% and above from class 10 onwards.

Scholarships for high CAT/XAT scorers
SDMIMD has introduced a scholarship scheme by which students with CAT/XAT scores of 85 percentile or more (or valid GMAT score of 680 and more) are eligible for Rs.100,000 each on getting admitted to SDMIMD. 

SDMIMD Scholarship Schemes with Eligibility Criteria & Disbursement Plan
Below are shared the brief details, eligibility criteria and disbursement plan for the scholarship schemes

  • Entry Merit Scholarship (Code: EMS) –  Rs. 75,000 for finally selected applicants with minimum 70% each in – 10th Standard; 12th Standard / PUC 2; and Degree.
  • Empowering Woman (Code: EW)  – Rs. 50,000 scholarship for finally selected woman applicants with minimum 60% aggregate each in – 10th Standard; 12th Standard / PUC 2; and Degree.
  • Student Exchange Subsidy (Code: SES): Students selected for student exchange programs abroad during the SDMIMD PGDM program are entitled to a subsidy ranging from Rs. 40,000 to Rs. 1,25,000 by SDMIMD based on the location of the host institute/university.
  • Student Merit Scholarship (Code: SMS) – 3 Students will be awarded Merit-cum-means Scholarship for Outstanding Academic Performance in each Term during the PGDM Program.
Term
Rank of the Student
Scholarship Amount disbursed in Rs.
I
1
10,000.00
2
5,000.00
3
2,500.00
II
1
20,000.00
2
10,000.00
3
5,000.00
III
1
25,000.00
2
15,000.00
3
10,000.00
IV
1
30,000.00
2
15,000.00
3
10,000.00
V
1
40,000.00
2
20,000.00
3
15,000.00
VI
1
50,000.00
2
25,000.00
3
20,000.00
The rank will be based on the CGPA at the end of each of the respective terms. The reward amount will be paid to students after completion of the course.

SDMIMD Mysore Admissions 2021 - Apply Now

Government Scholarships offered by SDMIMD Mysore
SDMIMD also offers government scholarships to eligible students. The schemes are :

  • National Scholarship Program from the Government of India
  • State Scholarship Program from Government of Karnataka 
  • Merit Cum Means Scholarship for Professional and Technical Courses by Ministry of Minority Affairs, Government of India

The candidates aspiring to pursue MBA from the best MBA colleges in India are looking for the reputed B-schools, their admission criteria, Cut offs, Fee structure and past placement record. SDMIMD Mysore is one of the well reputed B-schools with dual international accreditation that offers quality education with commitment.

SDMIMD: Known for Quality & Commitments
SDM Institute for Management Development (SDMIMD) is known for quality and standards in academics, infrastructure and internationalization. The flagship Post Graduate Diploma in Management (PGDM) program of SDMIMD has MBA Equivalence from Association of Indian Universities and AICTE.

SDMIMD has deep-routed commitment and 25 years of management educational service governed by the Shri DharmasthalaManjunatheswara Educational Trust known for service to mankind from past 800 years. SDMIMD follows the path of  ‘Honouring the Commitment’ which is the core of its vision and mission. The management and faculty team has committed in extending the world class infrastructure and technological facilities within the Institute.

SDMIMD is known for atmosphere for reflection, involving space, touch with nature, support in terms of library and computer/web facilities, databases, recreational and self-development centres.

International Accreditations
The academic rigor at SDMIMD has been appreciated by popular B-School surveys and assessment committees. The PGDM program at SDMIMD is first and the only one in India which has received dual international accreditations.

The European Federation for Management Development (EFMD)’s – EPAS and Accreditation Council for Business Schools and Programs (ACBSP) from USA have Accredited SDMIMD PGDM programme for a host of quality aspects.As such SDMIMD became the first institute in India to get the dual accreditation of ACBSP and EFMD - EPAS. These affirmations have brought SDMIMD among the top global Business Schools in the country.

SDMIMD is one of the very few institutions in the country hosting three international conferences every year.  These attract a large number of academics from various parts of the country.  These events are co-organized by the students giving them exposure to actual management of such events. 

The 2 years Post Graduate Diploma in Management (PGDM) is the flagship programme at SDMIMD. It is different and grooms industry ready business leaders.

SDMIMD students get dual specialization in PGDM – an opportunity which is not available in most of the B-schools.

The admission for 2 years full time PGDM 2021-23 batch at SDMIMD is open. Apply Now

SDMIMD was established in 1994 and till date 24 batches of PGDM graduates have passed out from its portals, currently holding important positions in the Indian and foreign corporate and service organizations. Institute has a creditable placement record. 

Apart from the flagship 2 years PGDM programme, SDMIMD also offers 1 year Post Graduate Certificate Programme in Management for working professionals. The PGCM at SDMIMD is at par with the PGDM programme.

SDMIMD's flagship PGDM program is approved by AICTE and is accredited by NBA also. SDMIMD is ranked among the top B-Schools in India. It has tie-ups with 15 Universities and B-schools abroad, for student exchange.

Stay tuned to MBAuniverse.com for more updates on SDMIMD Mysore