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Scholarships Available At Top MBA Colleges In India In 2022? - Read Here!

May 19, 2022 | 6 minutes |

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When it comes to obtaining an MBA from a prestigious university, it is a costly endeavour. In such cases, below is a list of top colleges that offer MBA scholarships, along with information on each, the sum of the waiver, and the candidate's eligibility. We all know that management is one of the most expensive fields of study, and by the time the course is completed, you will be obligated to repay the loan you took to cover your tuition. The good news is that by qualifying for grants offered by business colleges, you can save money on your expenses. While scholarships are typically awarded based on previous academic achievements and entrance test grades, you can also earn scholarships if you do well during the program's duration. Examine the scholarships available from some of India's best business schools, as well as the requirements and application process. Scroll down to check the details or watch the video below.

Recommended For You: Top MBA Colleges in India in 2022 - IIM Ahmedabad Is India's Best MBA College

Also Read: Waitlist Movement At IIMs and Non-IIMs - Check Past Data Here!


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Scholarships Offered By MBA Colleges - IIMs

Scholarships At IIM Ahmedabad:
  1. Scholarships offered by IIM A
    a. IIMA Special Need-Based Scholarships
    b. SC/ST Scholarships
    c. IIMA Exit Scholarships:
    o Scholarships for students who graduate from IIMA and going for entrepreneurship
    o Scholarships for students who graduate from IIMA and join “Not-for-Proft” organization
    o Assistance ships for students who graduate from IIMA and pursue doctoral studies
  2. Scholarships offered by the Government of India
    o SC/ST Scholarships (Central Sector Scheme for Top Class Education)
    o Minority Welfare Scholarship (Merit-cum-Means)
    o Scholarships for Students with Disabilities {Central Sector Scheme for Top Class Education (Merit-cum-Means)
  3. Scholarships offered by Alumni
    o PGP Alumni Endowment Funds
    o Class of PGP 2001, Peri Viswanath Scholarship
    o Shri GC Mital Entrepreneurship Aid
    o Smt. J Nagamma Memorial Award
  4. Corporate Scholarships
    o Aditya Birla Group Scholarships
    o Dunia Scholarships for scholastic excellence
    o OP Jindal Engineering and Management Scholarship
    o Thomas Scholarship

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Scholarships At IIM Bangalore:
  1. Aditya Birla Scholarship
  2. OPJEMS Scholarship
  3. Citi Women’s Leader Award
  4. Societe Generale Global Solution Centre India Scholarship
  5. Siddhartha Padam Award
  6. IIMB PGP Alumni First Batch (1976) Scholarship
  7. Runwal Education Trust Scholarship
  8. Hindustan Unilever / T Thomas Scholarship
  9. Yes Bank Scholarship
  10. NTPC Scholarship Scheme
  11. Employment in Social Sector Scholarship
  12. Ministry of Tribal Affairs Scholarship (ST)
  13. Ministry of Social Justice and Empowerment Scholarship
  14. Ministry of Social Justice and Empowerment Department of Persons with Disabilities (PwD)

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Scholarships At IIM Calcutta:

  1. Sponsored by the Institute
    o Dr. B. C. Roy Memorial Gold & Silver Medals
    o Chairman's Prize
    o John Wynne Prize
  2. Sponsored by outside Organizations
    o ABC India Award
    o Balmer Lawrie Award
    o Calcutta Management Association Trophy
    o Calcutta Port Trust India Award
    o B. S. Dua Memorial Prize for 2nd Rank holder
    o Magunta Subbarama Reddy Award
    o TIL Scholarship
    o IIMC Alumni Association, Calcutta Chapter Prize
    o IIMC Alumni Association, Calcutta Chapter Award for Outstanding Academic Performance in PGDM by
    o Taylor & Francis Book Prize
    o Bengal Chamber of commerce Medal in the area of Human Resource Management
    o Late Sumantra Ghoshal Award for Academic Excellence for receiving the highest CGPA at the end of the two-year Post Graduate Programme
    o Aditya Kashyap Memorial Scholarship for receiving highest CGPA in Compulsory & Elective Courses

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Scholarships At IIM Lucknow:

  1. Need-Based IIML Scholarships (IIML)
  2. Industry Sponsored Scholarships
    The benefactors are Hindustan Lever Ltd., Reckitt Benckiser, Aditya Birla, Ratan Tata, Citibank, EXIM Bank, Hughes Software Systems, Nestle India Ltd., Central Bank of India, Apeejay Trust and Bharti Foundation.
  3. Merit-cum-Means Scholarships
  4. SC/ST Scholarships

Scholarships At IIM Kozhikode:
  1. IIM K Need-Based Financial Assistance
  2. Central Sector Scholarship for SC Students
  3. Central Sector Scholarship for ST Students
  4. Merit-cum-Means Scholarship
  5. Sir Ratan Tata Trust Scholarship
  6. Societe Generale Global Solution Centre India Scholarship
  7. Aditya Birla Scholarship
  8. OPJEMS Scholarship

Scholarships At IIM Indore:
  1. Aditya Birla Scholarship
  2. OPJEMS Scholarship
  3. Capital First MBA Scholarship
  4. YES Bank Scholarship

Scholarships Offered By MBA Colleges - Non-IIMs

Scholarships At FMS Delhi:
  1. OPJEMS scholarship
  2. Aditya Birla scholarship
  3. NTPC scholarship
  4. Central Government Scholarship for SC/ST students

Scholarships At XLRI:
  1. Aditya Birla Scholarship
  2. Pirojsha Godrej
  3. XLRI Diamond Jubilee [juniors]

Scholarships At SPJIMR Mumbai:
  1. Merit cum - Means Based Financial Assistance
  2. Merit Based Awards
  3. Leadership Scholarship
  4. OPJEMS Scholarship
  5. Citi Women's Leader Award

Scholarships At MDI Gurgaon:
  1. OPJEMS scholarship
  2. International Scholarships

Scholarships At IMT Ghaziabad:
  1. Leela Nath Memorial Scholarships for female candidates.
  2. Merit scholarships for candidates with high scores in Admission Tests.
  3. Scholarships to students belonging to EWS category
  4. Shri Mahendra Nath Memorial Scholarships

Scholarships At NMIMS Mumbai:
  1. Central Sector Scheme of scholarship for college and university students
  2. Scholarship for students pursuing professional courses

Scholarships At IIFT Delhi:
  1. Need-Based Scholarship Scheme
  2. Central Sector Scholarship Scheme of Top Class Education for SC/ST Students

Scholarship At JBIMS Mumbai:
  1. Smt. Jyoti Dwivedi Memorial Scholarship Awards

In order to be eligible for most of these scholarships, students may have to apply at their respective colleges. Contact the college’s admissions cell and make sure that you fulfil all the eligibility criteria for MBA scholarships before applying. You can visit the official website of the college in order to know more about the scholarships offered by them. All the best!

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Read More On Scholarships Offered By MBA Colleges

  1. How To Fund Your MBA In India - All You Need To Know
  2. IIM A Vs. IIM B - Scholarships And How To Get Them
  3. How To Finance MBA? Loan And Scholarships
  4. Scholarships For MBA Students In India
To read more about the Scholarships at various B-Schools in India and abroad, check this!