Indian Institute of Management (IIM) Mumbai

IIM Mumbai is a highly ranked B School in India. IIM Mumbai Admission 2025 is open. Read latest information on IIM Mumbai Scholarships in this article. 

IIM Mumbai Scholarships, leading to partial or full fee waiver are offered to the students. Some of the IIM Mumbai Scholarships details with IIM Mumbai Scholarships Eligibility Criteria, respective IIM Mumbai scholarships amount are given below: 
Earlier known as NITIE, IIM Mumbai Scholarships are Merit Based and Need Based which are offered to students in 1st and 2nd year of the MBA courses to support them to pursue the management program with reduced financial burden. IIM Mumbai MBA scholarships offered include fee waiver depending upon your performance in entrance exam, academics, category and skill set as below: 

IIM Mumbai Merit Scholarship Schemes: Key Scholarship schemes at IIM Mumbai campus are UCC Ireland Meritorious Scholarship for Indian Students, Dr. Manmohan Singh Scholarship, L & T Build India Scholarship, Capital first MBA Scholarship, Pre Matric Scholarship among others

IIM Mumbai Scholarships: Tuition fee waiver: IIM Mumbai Students entering a postgraduate program may be eligible for a 30% or 50% tuition fee waiver. For this, IIM Mumbai Scholarships Eligibility Criteria require their family income should be below a certain threshold

Govt of India IIM Mumbai Scholarships: GoI Scholarship at IIM Mumbai includes a contingency grant of INR 12400 per year and a GOI teaching assistantship of Rs. 8000 per month for GATE qualifiers

IIM Mumbai Scholarships for SC/ST students: Financial aid is provided to SC/ST candidates based on the government of India’s plan if they meet the terms and conditions.

IIM Mumbai Scholarships Benefits: IIM Mumbai Scholarship benefits are:

• Covers IIM Mumbai Fee: IIM Mumbai scholarships help to cover a significant portion of IIM Mumbai MBA fees
• Support in Living Expenses: Scholarship eligibility help in getting the scholarship amount that would cover the living expenses at the B school
• Industry Connect Opportunities: IIM Mumbai Students getting scholarships may gain access to networking events, mentorship, and internship opportunities with the companies
• Boost to Profile: Getting a scholarship, can enhance the student’s profile, providing recognition from a prestigious organization.

Also read about IIM Mumbai Ranking, IIM Mumbai Placements , IIM Mumbai Admission 2025