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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.
Indian Institute of Management Bangalore 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
IIM Bangalore Scholarship SchemesIIM Bangalore extends financial aid to students in need of financial assistance. All PGP students with annual household income below INR 8,00,000 are eligible to apply for financial aid. Other students with severe financial difficulties arising from sudden unforeseen circumstances are also considered.
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Scholarship Name
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Eligibility Criteria
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Amount
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Aditya Birla Scholarship
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Few students from both first and second year are shortlisted who belong to the top 25% students of their respective batches in terms of performance.
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Rs.175,000 per student
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Citi Women’s Leader Award
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This is a merit scholarship for Girls For MBA. Candidates are selected from the top 25% of the batch at the end of the first year. Nomination is done by the institute and the students are selected on the basis of their Statement of Purpose and subsequent interviews scheduled by Citi Group
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Covers the second year’s tuition expenses
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Siddhartha Padam Award
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This scholarship is awarded to a PGP student who is on the Director’s Merit List and gets the highest CGPA in the Economics, Finance & Accounting core courses in the first year.
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Cash prize of Rs 50,000, a medallion and a certificate
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T Thomas Scholarship
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A second-year student is shortlisted for this scholarship based on merit.
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Rs.100,000
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OPJEMS Scholarship
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Two students are shortlisted for this scholarship one each from first and second year.
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Rs.150,000 per student
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Rajesh Kaushik Memorial Scholarship
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Selection is strictly merit based.
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Rs.150,000 per annum
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Ocwen Financial Solutions Private Limited
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One of the students is shortlisted on the basis of research paper submitted by the students.
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Rs.180,000
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Cognizant Technology Solutions - B’izard Scholar
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Three students are shortlisted on the basis of academic excellence, leadership qualities and willingness to serve the community and study further in the same field.
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Winner: Rs.3 lakhs, 1st Runner-up: Rs.2 lakhs and 2nd Runner-up: Rs.3 lakhs
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SocieteGenerale Global Solution Centre India Scholarship
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Students in need are nominated by the institute and are shortlisted on the basis of interviews.
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Full tuition fee waiver
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IIMB PGP Alumni First Batch (1976) Scholarship
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This is scholarship for Indian Girls and Women and is given to a differently-abled woman student from PGP. The scholarship aims to assist a differently-abled female student (or a differently-abled male student, if there is no eligible female student). It keeps alive the memory of the PGP batch of 1976 and their association with the institute.
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Rs. 75000, a medallion and a certificate
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Runwal Education Trust Scholarship
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This scholarship is given to a PGP student based on a combination of academic performance in the 1st year and the student’s financial need.
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Rs. 100,000; a medallion and a certificate
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Yes Bank Scholarship
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Open to students who are among the top 20 students as per the admission criteria, belong to the top 20% of the batch based on the current CGPA and are members of at least one student committee
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Rs.200,000
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NTPC Scholarship Scheme
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Students who belong to SC/ST/PwD categories and are in their second year of management studies, having passed the first-year examination in one attempt, are eligible for the scholarship
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Rs.48,000 per annum
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Employment in Social Sector Scholarship
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This scholarship reimburses the recipient one-third of the fees at the end of each year of work for the first three years in the social sector
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Depending upon the amount spent
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Ministry of Tribal Affairs Scholarship (ST)
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The Ministry of Tribal affairs, Government of India invites applications for the National Scholarship for Higher Education for Scheduled Tribe students of PGP first year
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Means scholarship that covers tuition expenses in full
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Ministry of Social Justice and Empowerment Scholarship (SC)
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The Ministry of Social Justice and Empowerment Government of India invites applications for the National Scholarship for Higher Education for Scheduled Caste students from Meritorious SC students PGP first year
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Means scholarship that covers tuition expenses in full
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Ministry of Social Justice and Empowerment Department of Persons with Disabilities (PwD)
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A person with disability having not less than 40% disability and having a disability certificate issued by any competent medical authority.
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Rs. 2,55,000 per year
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Apart from above scholarships, students can also apply for other State Government Scholarships routed, through financial aid and scholarship office.
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