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MBA education is getting more and more expensive. MBA scholarships, offered by the MBA colleges in India not only reduce the burden of MBA Fee which runs very high, it turns out to be good support during your MBA course. Since your dream of doing MBA from one of the top MBA colleges requires lot of money during the course of study, the MBA scholarship offers fee waiver depending upon your performance in entrance exam, academics, category and skill set. To reduce the financial burden on Meritorious students, Good MBA colleges offer number of MBA scholarships to its students in first and second year of MBA course. Schemes of special scholarship for Indian girls and women are also offered to improve gender diversity in the management institute.
Institute of Rural Management Anand offers many Institute based and Corporate Sponsored scholarships to students in 1st and 2nd year of the course to support its students to pursue the management program with reduced financial burden as given below
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Scholarship Name
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Eligibility/Award Criteria
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Amount of Scholarship
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Brief description and other details
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IRMA Merit-based Scholarship
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In the first year, it will be based on the overall selection merit of IRMA’s admissions process, and in the second year, it will be awarded based on the academic performance, i.e., the CGPA of the first year.
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50% of the tuition fee
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Out of the 20 scholarships, 10 would be given exclusively to female candidates.
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Tuition Fee Waiver (TFW) Scheme
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Total annual income of parents from all sources during the financial year is equal to or less than Rs. 8.00 lakh.
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Full Tuition Fee
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5% of approved intake
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SC Scholarships
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SC students. Total family income from all sources should not exceed Rs.8.0 lakh per annum
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The SC students, who secure admission in the notified institutions, will be awarded scholarship to meet the requirements for (i) full tuition fee and non-refundable charges (there will be a ceiling of Rs. 2.00 lakh per annum per student for private sector institutions and Rs. 3.72 lakhs per annum per student for the private sector flying clubs for Commercial Pilot Training and Type Rating Courses) (ii) Academic allowance of Rs. 86,000 in the first year of study and Rs. 41,000 in every subsequent year, to take care of living expenses, books and stationery, computer/laptop of reputed brand with accessories like UPS and printer, etc.(www.socialjustice.nic.in)
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Thirty percent (30%) of slots allotted to the Institution shall be reserved for eligible SC girl students as per their inter-se merit.
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ST Scholarships
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ST students. Total family income from all sources should not exceed Rs.6.0 lakh per annum
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Rs.2.5 Lakh Tuition Fee, Books and Stationery @ Rs.5,000/- per annum, Stipend @ Rs.3,000/- per month, Computer Accessories Rs.45,000/-
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Mirae Asset Foundation Scholarship
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Total family income from all sources should not exceed Rs.8.0 lakh per annum
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Rs.5 Lakh/student per year.
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IRMA shortlists the candidates based on their overall performance (scores) in the final selection of the Admission to PGDM (RM). MAF takes interview of the shortlisted students and selects three students for the scholarship.
MAF provide 6 scholarships in a year. 3 Scholarship shall be awarded for the 2nd year students and 3 scholarships shall be awarded to the 1st year students.
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IDFC FIRST Bank MBA Scholarship
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Students below 35 years of age who are pursuing first-year MBA programme and annual family income less than or equal to INR 6 lakhs
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Rs. 1 Lakh/Year (Total Rs.2 Lakhs)
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Number of students for scholarship is decided by IDFC First Bank every year.
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Scholarships for Top Class Education for students with disabilities.
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Students with benchmark
disability and having a valid certificate of disability as prescribed under
rules issued by the competent authority.
Parents/guardians income from all sources does not exceed Rs.8,00,000/- per annum.
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Tuition Fee: Up to Rs. 2.00 Lakh, Maintenance Allowance Rs.3,000/- per month, Special Allowances: Rs. 2,000/- per month, Books & Stationery: Rs. 5,000/- per annum, Reimbursement of expenses for purchase of a computer/ laptop with accessories: Rs. 45,000/- as a one time grant for entire course, Reimbursement of expenses for purchase of Aids and Assistive devices relating to the particular disability of the selected candidates: Rs. 30,000/- as a one time grant for entire course
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50% of the total scholarships available each year shall be reserved for girl candidates
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PM-YASASVI
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Total family income from all sources should not exceed Rs.2.5 lakh per annum
College Education for OBC and other students.
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In the scheme for OBC & others, Ministry will provide full tuition fee and non-refundable charges with a celling of Rs. 2.00 lakh per annum per student along with living expenses, assistance for books and stationery and a latest computer / laptop.
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40 slots available to IRMA.
Thirty percent (30%) of slots allotted to the Institution shall be reserved for eligible girl students as per their inter-se merit.
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