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IIM Bangalore

Indian Institute of Management (IIM) Bangalore

Bangalore, Karnataka | Established in 1973 | Approved/Accredited by EFMD | Government | NIRF Rank: #2 MBAUniverse.com Rank: #1 Business Today Rank: #3 MBAUniverse.com Grade: AAA+
Last Updated on October 23, 2024 by Prof. SK Agarwal
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Indian Institute of Management (IIM) Bangalore Scholarships

IIM Bangalore, the top ranked B school in India offers wide range of MBA programmes including full time, part time and online courses. IIM Bangalore offers MBA admission 2025 through CAT 2024. With all the key details on admission process, IIM Bangalore Admission Policy 2025 has been released.

IIM Bangalore Scholarships Details with IIM Bangalore Scholarships Eligibility Criteria, IIM Bangalore Scholarships Amount for different scholarships and other details about IIM Bangalore MBA/PGP Scholarships are shared below: 

Indian Institute of Management Bangalore Scholarships are extended as financial aid to students in need of assistance. Need based IIM Bangalore scholarships up to hundred percent are offered to deserving candidates, based on their income and demonstrated financial inadequacy. IIM Bangalore Scholarships are also offered to exceptionally talented students based on their merit.  IIMB also provides a competitive package to all those who join the Fellow Programme in Management (FPM). FPM students receive a stipend in addition to tuition waiver for up to four years and nine months, helping them cover their living expenses.  In addition, there are various grants that they are entitled to.

  • IIM Bangalore Need Based Financial Assistance: All IIM Bangalore MBA/PGP students with annual household income below INR 800,000 are eligible to apply for financial aid. Other students with severe financial difficulties arising from sudden unforeseen circumstances are also considered. Based on the weighted average of scores, applicants are provided 100%, 80%, 60%, 40% or 20% financial aid.
  • Aditya Birla Scholarship: This merit-based scholarship is given to PGP students of both the first and the second years. The students who are granted the scholarship during the first year are eligible to apply for renewal in the second year, provided they belong to the top 25% of the batch in the first year. The scholarship amount is INR 1.75 lakh per student.
  • OPJEMS Scholarship: This merit-based scholarship is given to PGP students of second year. The first ten toppers of the second year, based on the academic performance in the first year, are eligible to apply. On the basis of an online test conducted by OP Jindal Group, one student of each academic year will be awarded. The scholarship amount is INR 1.50 lakh.
  • NTPC Scholarship Scheme: The scholarship amounts to INR 48,000 per year. 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.
  • Employment in Social Sector Scholarship: 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.
  • Ministry of Tribal Affairs Scholarship (ST): 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. This is a means scholarship that covers tuition expenses in full.
  • Ministry of Social Justice and Empowerment Scholarship (SC): The Ministry of Social Justice and Empowerment, Government of India, offers National Scholarship for Higher Education for Scheduled Caste students from Meritorious SC students PGP first year. This is a means scholarship that covers tuition expenses in full.
  • Ministry of Social Justice and Empowerment Department of Persons with Disabilities (PwD): A person with disability having not less than 40% disability and having a disability certificate issued by any competent medical authority. This is a means scholarship of INR 255,000 per year.
  • State Govt Scholarships: Apart from the above scholarships, students can also apply for other State Government Scholarships routed through financial aid and scholarship office.
  • IIM Bangalore Alumni Scholarships: IIM Bangalore offers number of Alumni scholarships which are awarded on the day of the PGP inauguration 
  • FPM (PhD) Scholarship: FPM students spend 5-6 years to complete their programme. Throughout this period, IIMB supports the students at an average cost of Rs 50,000 per month. IIMB has an average intake of 20+ students every year. The fellowship amount is Rs. 6 lakhs per fellow per year

Read complete details on IIM Bangalore Admissions, Courses and Fees, Placements, Rankings and other details

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