List of Scholarships for MBA Students in India

Jayita Ekka

Updated On: July 15, 2022 04:25 pm IST

MBA is considered very expensive and highly reputed course in India. Not everyone can afford to take admission in top MBA colleges. Here are some of the scholarship offered by some B- schools in India.

List of Scholarships for MBA Students in India

As we all know, MBA in India is very expensive. Hardly some of the students can afford the fees and other related aspects like hostel fee, etc. especially when it comes to the top MBA colleges like IIM, MDI Gurgaon, ISB Hyderabad and many more. Many of the students take educational loan so as to fulfill their MBA fees along with hostel fees and tution fees in order to join the most popular colleges for MBA.

For making the MBA programme affordable and accesible for all, the top B- schools have adopted a very different admission process in order to give equal chances to the aspirants who are willing to take admission in MBA but are facing difficulties due to financial condidtions. The top Indian MBA colleges offer several types of scholarships to support the students financially.

Eligibility Criteria for Getting Scholarship

Usually, these scholarships are rewarded to those students who perform excellent in the MBA entrance exams or to those students who have been showing great talent and impeccable performance after joining the course. Some of the scholarships are awarded to the students who have the best track record in their academic curriculum. Someone who is a really talented and aspiring MBA student can surely take the advantages of these scholarships.

List of Colleges Alongwith the Scholarships

There are many institutions which provide several scholarships to the students.

IIM Ahmedabad

IIM ahmedabad is a dream for every student who is willing to do MBA. Being the best institute of India in management, it offers many scholarships for the students:

Scholarship NameEligibilityAmount
IIMA special need based scholarshipsFor economically weak students who wish to pursue PGP or PGP-ABM. It is based on the family income of the student.Depends on the annual gross family income.
Family income linked tution fee waiver schemeFor those students whose family income is less than 6 lakhs in the previous financial year.NA
IIMA special scholarships(need based)For those students whose family income is less than 2 lakhs in the previous financial year. Only the income of the guardian/parents is considered in this scholarship and not of any siblings.NA
Industry scholarships(need based)For those students who have not registered for the IIMA special scholarship.NA
SC/ST scholarshipsFor only SC/ST students having valid certificates.Rs.150/- per month for 10 months.
GOI merit cum means scholarshipFor those students of first and second year belonging to a non-sponsored student body. Only 25% students can get this scholarship.Rs. 2,200/- per year
Aditya Birla Group scholarshipsFor only 6 students who are selected by the ABG on the basis of merit.Rs. 1.25 lakh per student per annum.
OP Jindal engineering and management scholarsFor only 2 students based on their academic performance alongwith an online test and interview.NA
Dunia scholarship for scholastic excellenceFor 2 students based on the merit.Rs. 1 lakh per student.
Ocwen scholarship for competence in academicsFor only a first year student shortlisted through PI and research paper.NA
ONGC SC/ST merit cum means scholarshipFor only few SC/ST students.NA
State scholarshipFor some of the best students whose education is funded by the state government.NA

IIM Bangalore

After IIM Ahmedabad, the second best institute for management courses is IIM Bangalore. IIM Bangalore also hosts many scholarships for the aspiring MBA applicants.

Scholarship NameEligibilityAmount
Aditya Birla scholarshipsFor those 25% top students from first and second year of their respective batches.Rs. 1.75 lakhs per student
Uday Nayak scholarshipsFor a second year student.Rs. 10,000/-
T Thomas scholarshipFor a second year student based on the performance.Rs. 1 lakh
OPJEMS scholarshipsFor 2 students each from first and second yearRs. 1.25 lakh per student
Rajesh Kaushik Memorial scholarshipMerit based scholarshipRs. 1.50 lakh per annum
Ocwen Financial Solutions Private LimitedFor a student who is selected on the basis of research paper submitted by the studentsRs. 1.80 lakh
Cognizant Technology Solutions- B'izard scholarFor three students who are selected on the basis of leadership qualities, willingness to study further and on the basis of academic excellence.

Winner-Rs. 3 lakhs, 1st runner up- Rs. 2 lakhs, 2nd runner up- Rs. 3 lakhs

Societe Generale Global Solution Centre India scholarshipSelection of students on the basis of interview and who have a great need of this scholarshipFull tution fee waiver

IIM Lucknow

IIM Lucknow holds the distinct position of having the largest batch of MBA students. It also offers many scholarships.

Scholarship NameEligibilityAmount
Need based IIML scholashipsFor those 15% students having a family income less than Rs. 1.50 lakh and based on their academic performance.NA
Industry sponsored scholarshipsSelection of students according to their academic performance.Varies from 6,000 to 1 lakh per annum.
Merit cum means scholarshipsFor 25% students who are subjected to specified norms.Rs. 2200 per student per annum
Bharti scholarshipFor both the first and secong year students whose annual income is less than Rs. 1.08 lakhs.Rs. 50,000 per annum
SC/ST scholarshipsFor all SC/ST students.Rs. 1500 per annum
Other scholarshipsStudents are shortlisted on the basis of their fees and family income which are covered by the state government.NA

MDI Gurgaon

MDI Gurgaon, one of the best private B-schools in India offers plenty of scholarships. As in private institute, there is always a high fees along with quality education, MDI Gurgaon have something new for the aspiring MBA students.

Scholarship NameEligibilityAmount
Merit based scholarshipOnly 5 students are selected at the end of the second year.Rs. 10,000 per student
Eiffel scholarshipFor those students who are opting for dual degree for International Scholarship in France.NA
DAAD scholarshipStudents are selected from various B-school in Germany for financial aid.NA

IRMA Anand

IRMA Anand offers a management course in rural management. Along with the management course, IRMA also offers scholarships for the students to lighten their burden.

Scholarship NameDetails
Merit based scholarship from Sir Ratan TataFor five students covering their part of the fees for the second year. Subjected to a ceiling of Rs. 50,000 per year for second year students on year to year basis.
Scholarships for SC/STFor 15 students of SC/ST category covering their entire cost.
GOI scholarships to IRMA SC/ST studentsFor 10 students.
Scholarships from the ministry of tribal affairsFor 5 ST candidates only.
National dairy development board scholarshipsFor SC/ST students.

ISB Hyderabad

ISB Hyderabad is also one the best private institute which offers MBA courses and it also provides scholarships to both domestic as well as to international students.

Scholarship NameEligibilityAmount
Citigroup4 to 6 students are selected on merit basis.USD 12,500
Novartis3 students are selected on merit as well as need basis.Rs. 4 lakh
Nurture IndiaSelection of students is done on the basis of their need.Rs. 4 lakh
Manhattan review scholarships5 students are selected on the basis of academic excellence.Rs. 1 lakh
Jamboree India Talent promotion award5 students are selected on the basis of need and merit.Rs. 1 lakh
ISB@10 global scholarship10 international students are selected for this scholarship on the basis of their merit.Varies from Rs. 3 lakh to Rs. 1.5 crores

Amity B-School

One of the most popular and well known private university of India,Amity also provides scholarship to the MBA students.The Amity B-school not only promises management education but experience based pedagogy that goes a long way in training the students well.

Scholarship NameEligibility
100% scholarshipFor those students who are having 93% aggregate marks in 12th ICSE/CBSE (excluding physical education, fine arts and performing arts) and with minimum 80% of aggregate marks in graduation.
50% scholarshipFor those students who are having 88% in 12th and 75% in graduation.

SRM School of Management

SRM school of management has been included recently in the list of top MBA colleges. Yet a newcomer, it also provides scholarships to the MBA students and it holds a top choice among many of the desired MBA students.

Scholarship NameEligibilityAmount
SRM founder's scholarshipFor students who are toppers in school finals, exceptional sportspersons at national and international level and are SRMEEE toppers.Full tution fee waiver alongwith Rs. 1000/- stipend per month
Merit scholarshipFor students who have secured 95% and above in 12th CBSE board and have secured a rank amongst 8000 in SRMEEE.50% tution fee waiver
Merit cum means scholarshipFor the students based on their entrance exam performance and on their need basis25% to 100% tution fee waiver
Scholarship for minority communityFor the students belonging to the minority community on the basis of performance in the entrance exam25% to 100% tution fee waiver
Scholarship for physically challenged/differently abledFor students who are physically challenged or differently abledFull tution fee waiver
Scholarships for special meritsStudents are selected on the basis of exceptional literary debating, fine arts and other such skills.Tution fee waiver upto 100%

These were some the scholarships offered by the top B-schools of India. These scholarships can help the students who wish to follow their career in MBA but not have a good financial state to fulfill the requirements of the MBA colleges.

Get all information of MBA scholarships in CollegeDekho.

Are you feeling lost and unsure about what career path to take after completing 12th standard?

Say goodbye to confusion and hello to a bright future!

news_cta
/articles/list-of-scholarships-for-mba-students-in-india/

Related Questions

Is there B.ED in fine art?

-Raj kumar singhUpdated on March 23, 2024 11:59 AM
  • 2 Answers
Vani Jha, Student / Alumni

Dear Raj Kumar Singh,

Yes, Netaji Subhash College of Education offers a B.Ed in fine arts. The college only offers a B.Ed course. The course fee for this course is Rs 1 Lakhs 25 thousand for two years. For Netaji Subhash College of Education B.Ed course admission, you will have to apply online. 

I hope this was helpful! 

If you have any further queries or questions, please contact us.

READ MORE...

BA course available ha fees da ke process aa

-Mandeep SharmaUpdated on March 21, 2024 10:57 AM
  • 2 Answers
Saniya Pahwa, Student / Alumni

Dear Mandeep

Yes, the Bachelor of Arts (BA) course is available at RSD College, Ferozepur. The BA course is offered at the undergraduate level for a duration of 3 years. The course is offered in the full-time mode. Further, the basic eligibility criteria to apply for the course is passing class 12 from a recognised educational board, and in a relevant stream. If you are meeting these eligibility criteria, then you can also apply for RSD College admission to the BA course. The fee structure for the BA course is approximately Rs 21,000 per year. However, it may vary from …

READ MORE...

B.tech artificial intelligence and data science course available or not

-RUPKUMARUpdated on March 19, 2024 03:21 PM
  • 14 Answers
Shikha Kumari, Student / Alumni

Paavai Engineering College offers B.tech in artificial intelligence and the internet of things and B. Tech computer science course. These courses is 4 years long and is offered in the regular mode.

READ MORE...

Do you have a question? Ask us.

  • Typical response between 24-48 hours

  • Get personalized response

  • Free of Cost

  • Access to community

Recent Articles

Subscribe to CollegeDekho News

By proceeding ahead you expressly agree to the CollegeDekho terms of use and privacy policy

Top 10 Management Colleges in India

View All
Top
Planning to take admission in 2024? Connect with our college expert NOW!