Check Out the Scholarship Opportunities at Various MBA Colleges in India

Published: | August 24, 2018
Check Out the Scholarship Opportunities at Various MBA Colleges in India

There are many MBA colleges in India that offer good scholarship opportunities to students on the basis of entrance exams, performance in GD PI rounds etc. Check the list of MBA scholarships in India which you can consider while planning your MBA course admissions for the next academic session.

With education loans bothering students in India, an option that they can explore is scholarship opportunities at the MBA colleges in India. If not all, many MBA colleges and courses can be considered on the basis of the scholarships they offer.

Scholarships are usually part of the admission process or the academia. If the scholarship you are applying for is provided by the college then you must get more assistance on the same from the college. Forms of such scholarships are private and are only open to those students who fulfill the eligibility criteria. Therefore the administration of the college will be able to give you firsthand information regarding the scholarship.

If the scholarship is offered by a particular organization then you can find more about it from the official website of that organization. It will also have a formal procedure and eligibility criteria which you will have to verify before applying for the scholarship.

Scholarships Offered by MBA Colleges in India:

Check out the amazing scholarships offered by some Indian B-Schools here below:

1. SSN School of Management & Computer Applications (Kalavakkam) Scholarships

S.No. Name of the Scholarship Eligibility Criteria
1. Merit Scholarship Students are shortlisted on the basis of their academic performance and score in the entrance exam.
2. Merit-cum-Means Scholarship This scholarship is awarded to needy students who have a good academic record.
3. Wavier of Tuition Fees Students who have a throughout excellent academic record are offered this scholarship.
4. Sports Scholarship Students who have represented state or nation in any of the recognized sports can apply for this scholarship.

2. Skyline Business School Scholarships

S.No. Name of the Scholarship Eligibility Criteria Amount
1. Excellent performance in GD/PI Students who had scored well in the group discussion or personal interview rounds can apply. Rs.20,000
2. First class in graduation Students who have an aggregate of 70% and above are eligible to apply. Rs.20,000
3. Scholarships based on performance in entrance exams Students who score 75% or more in CAT/MAT/ATMA/XAT are eligible for this scholarship. Rs.20,000
4. Scholarships based on work experience Students who have worked for ‘A’ grade organizations are selected for this scholarship. Rs.20,000

3. Indus Business Academy (Bangalore) Scholarships

S.No. Name of the Scholarship Eligibility Criteria Amount
1. Merit-cum-means scholarships Five students are shortlisted on the basis of academic performance. Rs.10,000 per student
2. Corporate scholarships Two students are shortlisted for this scholarship on the basis of merit. Rs.10,000 per student
3. Scholarship of Rs.30,000 Students who have an aggregate of 80% in their class 10, 12 and graduation are eligible for this scholarship Rs.30,000 per student
4. Other Scholarships Scholarships are also awarded on the basis of performance in entrance exams such as CAT and XAT. Candidates having 80+ percentile in CAT/XAT and 96+ percentile in MAT/ATMA/CMAT/State Govt. Tests are eligible to apply. Varies from Rs.30,000 to Rs.40,000 depending on the score of the student.

4. Institute for Financial Management & Research (Chennai) Scholarships

S.No. Name of the Scholarship Eligibility Criteria Amount
1. Merit-cum-means assistance Students are selected on the basis of academic excellence. Varies from Rs.100,000 to full tuition fee waiver
2. T Thomas Scholarship The best outgoing student of PGDM is awarded this scholarship. Rs.1,00,000

5. Lovely Professional University (Phagwara) Scholarships

Lovely Professional University offers various scholarships to its students on the basis of performance in exams such as CAT, XAT and other such exams. Students are also granted financial aid on the basis of LPU-TFA (LPU-Test for Financial Aid).

A scholarship ranging from Rs.30,000 to Rs.50,000 per semester is offered to students who are shortlisted on the basis of performance in major B-school entrance exams. Following is the merit division scholarships:

  • 90+ percentile in CAT/XAT or 95+ percentile in MAT – Rs.50,000 per semester
  • 80 to 89.99 percentile in CAT/XAT or 90 to 94.99 percentile in MAT – Rs.40,000 per semester
  • 70 to 79.99 percentile in CAT/XAT or 80 to 89.99 percentile in MAT – Rs.30,000 per semester

6. Jaipuria Institute of Management (Lucknow) Scholarships

  • Students are awarded with scholarships on the basis of their score in entrance exams such as CAT/MAT/XAT. The selection is also based on student’s performance in group discussions and personal interview.
  • Scholarships are also provided to the students who have secured top three positions after the first year exams.

7. Institute of Productivity & Management Scholarships

  • 30% Scholarship is offered to students who have secured First Division throughout their academic results.
  • 30% percent scholarship is also offered to students who have represented India in any of the sports.

8. National Institute of Engineering (Mumbai) Scholarships

  • Up to 30% concessions is offered to students from financially weaker sections. Students who have a family income less than Rs.150,000 can apply for this scholarship (only for students enrolled in PGDIM/ PGDISEM/ PGDITM)
  • SC/ST students are also provided scholarships by the government of India.

9. NMIMS School of Business Management Scholarships

  • Students from weaker financial backgrounds who enroll themselves for the Social Entrepreneurship Programmes are provided scholarships by the institute.
  • Shroff Family Charitable Trust also awards scholarships to students in need.

Also Read: What is the Difference between MBA and PGDM? Find out Here!

10. T.A. Pai Management Institute (Manipal) Scholarships

  • Scholarship of up to Rs.1,00,000 is provided to three students from both first and second year.
  • Students enrolling for PGDM who have scored 99 percentile or above in CAT are also awarded special scholarships.
  • There are few other scholarships as well including Industry-sponsored scholarships and scholarships for eGPX programme.

11. Welingkar Institute of Management Development & Research (WeSchool Mumbai) Scholarships

  • The student who emerges as the topper in the selection process is awarded a scholarship that covers his/her entire tuition fee.
  • The second ranker is awarded a laptop while the third rank holder is given foreign internship (sponsored).

Also Read: Check out the Scholarships offered by Top MBA Colleges!

There are certain scholarships that are awarded on the basis of excellent academic performance for which the student doesn’t have to undergo any formal procedure. However, as rare as these scholarships are, they are based on the candidate’s performance in either the entrance exam or in the academic examinations and events. For more information, confirm with the college authorities.

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