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IIM Ahmedabad Scholarship for MBA: Types, Eligibility and Process

IIM Ahmedabad Scholarship for MBA: Types, Eligibility and Process

Edited By Tarun Bisht | Updated on Sep 23, 2024 03:42 PM IST | #IIM Ahmedabad (IIMA)

IIM Ahmedabad scholarship schemes are designed for candidates coming from financially weaker backgrounds. To provide equal opportunity to all applicants, IIM Ahmedabad offers financial assistance for its various management programs in the form of IIM Ahmedabad Scholarship 2025 and educational loans from different, tied-up financial institutions at reasonable interest rates. To meet other financial objectives IIM Ahmedabad has various scholarships based on need, merit, category, etc. To avail of any IIM Ahmedabad Scholarship candidates must satisfy the eligibility criteria for the respective scholarship scheme.

IIM Ahmedabad Scholarship for MBA: Types, Eligibility and Process
IIM Ahmedabad Scholarship for MBA: Types, Eligibility and Process

IIM Ahmedabad Scholarship

IIM Ahmedabad scholarships can be of various types depending on the way they are catered to the candidates. The various types of IIM Ahmedabad scholarship 2025 are mentioned below.

  1. Merit-based IIM Ahmedabad scholarship: Given to candidates with extraordinary academic performance at school and graduation level along with exceptional performance in MBA entrance exams.

  1. Need-Based IIM Ahmedabad scholarship: Given to candidates coming from poor backgrounds.

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  1. Diversity and Gender-based IIM Ahmedabad scholarship: Given to candidates coming from diverse religious and cultural backgrounds.

  1. External IIM Ahmedabad scholarship: Given to students by companies that employ MBA graduates to bring new talent into their workspace.

Eligibility Criteria for IIM Ahmedabad Scholarship

The eligibility criteria for an IIM Ahmedabad scholarship is specific to the particular scholarship. The eligibility criteria vary for every individual IIM Ahmedabad scholarship 2025. However, a few of the conditions remain the same. Having these increases the probability of a candidate being considered for the IIM Ahmedabad scholarship. The general eligibility criteria for the IIM Ahmedabad scholarship 2025 is as follows.

  • A Bachelor’s degree from a recognized university or equivalent institution.

  • Excellent academic records at school and college level.

  • Letter of recommendation from institutions.

  • A justifiable reason to be granted a scholarship.

  • Exceptional performance in various MBA entrance exams such as CAT.

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Different IIM Ahmedabad Scholarship

The different IIM Ahmedabad scholarships along with their eligibility criteria are listed in the table below.

IIM Ahmedabad Scholarship

IIM Ahmedabad Scholarship 2025 Eligibility Criteria

IIMA Special Need-Based Scholarships

Gross annual family income is below Rs.15,00,000 during the previous financial year are eligible to apply for this scholarship.

SC/ST Scholarships

Awarded to meritorious SC/ST students, whose family income does not exceed Rs. 4,50,000 per annum.

Scholarships offered by the Government of India

SC/ST Scholarships {Central Sector Scheme for Top Class Education (merit-cum-means)}: Awarded to meritorious SC/ST students, whose family income does not exceed Rs. 4,50,000 per annum.

Minority Welfare Scholarship (Merit-cum-Means): Awarded to students from minority communities, whose family income does not exceed Rs.2,50,000 lakhs per annum by the Ministry of Minority Affairs, Govt. of India.

Scholarships for Students with Disabilities {Central Sector Scheme for Top Class Education (Merit-cum-Means)}: Awarded to meritorious DA/PWD students, whose family income does not exceed Rs. 6,00,000 per annum.

Scholarships offered by Alumni

PGP Alumni Endowment Funds: Financial support extended to 9 PGP 1 & PGP/FABM II students from economically and socially challenged backgrounds, based on their financial status, every year. Each student would be eligible to get an amount in the range of Rs. 2,00,000 - 3,00,000. The screening of the students would be based on their applications for the Special Need-Based Scholarship.

Class of PGP 2001, Peri Viswanath Scholarship: Instituted from the batch 2013-15 by the batch-mates of Mr. Peri Viswanath, it aims to extend financial support to one student in the PGP/PGP-FABM. The Amount is Rs. 2,00,000 per year and the scholar will get Rs. 4,00,000 over 2 years. The criteria for the award would be Merit-cum-Means.

Shri GC Mital Entrepreneurship Aid: A sum of Rs.200,000 is awarded every year to one graduating student of PGP/PGP-FABM, who intends to start their own venture, opting out of the IIMA placement process. It is limited to students with educational loans of a minimum of Rs. 1,00,000 and those with a combined family income below Rs. 8,00,000 per annum. The selection of the awardee shall be done based on a business plan submitted by the applicant.

Smt. J Nagamma Memorial Award: Awarded to one PGP first-year student at the end of the first year as a merit scholarship based on academic performance. The amount is Rs. 15,000.

Scholarships offered by Industries/Corporations

Aditya Birla Group Scholarships: These scholarships are awarded by the Aditya Birla Group. It is given to about 3 meritorious PGP I and PGP II students. The selection is done entirely by the Aditya Birla Group. The amount awarded is about Rs. 1,75,000 per student per year.

Dunia Scholarships for scholastic excellence: Dunia Finance LLC, Dubai, UAE has instituted this merit scholarship – two scholarships each to PGP-Is and PGP-IIs. The amount per scholarship is Rs. 1,00,000.

OP Jindal Engineering and Management Scholarship: This scholarship is awarded to one/two second-year PGP students by the OP Jindal Group. The selection is made based on academic performance, an online test, and a personal interview. The final selection is done through an online test and a personal interview. The amount awarded is Rs. 1,50,000 per student per year.

T. Thomas Scholarship: This scholarship is awarded by Hindustan Unilever Ltd. to a second-year student based on merit-cum-means criteria. The amount is Rs. 1,00,000 per year.

Frequently Asked Questions (FAQs)

1. Does IIM Ahmedabad give scholarships?

IIM Ahmedabad provides various scholarships to candidates coming from financially weaker backgrounds. To provide equal opportunity to all applicants, IIM Ahmedabad offers financial assistance for its various management programs.

2. Is IIM Ahmedabad costly?

IIM Ahmedabad is costly in terms of its program fee. The IIM Ahmedabad fee for its flagship MBA program is close to Rs. 26 lakhs for two years. For the PGPX program, the fee is Rs. 33 Lakhs.

3. Can a poor student join IIM Ahmedabad?

With the introduction of numerous IIM Ahmedabad scholarship programs for candidates by both government and private institutions, it has become feasible for candidates with a poor financial background to join IIM Ahmedabad.

4. Can I get a full scholarship for IIM Ahmedabad?

A full 100% scholarship is not provided by any IIM. In most cases, a certain scholarship amount is provided to the candidates eligible for a particular IIM Ahmedabad scholarship. The amount can vary for different IIMs.

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Questions related to IIM Ahmedabad (IIMA)

Have a question related to IIM Ahmedabad (IIMA) ?

While your scores are decent, the IIMs typically have a preference for candidates with higher academic scores, especially in graduation. Generally, the higher your scores, the better your chances, but there's more to the evaluation process.


Other Important Factors which they consider is CAT Score performance in this exam is crucial. A high percentile (usually above 90) can significantly enhance your chances, especially if your academic scores are on the lower side.

Also,Relevant work experience can improve your profile. Candidates with strong work experience (especially in leadership roles) are often given preference.

Your performance in the PI and WAT is critical. Strong communication skills, clarity of thought, and a good understanding of current affairs can help you stand out

Involvement in extracurricular activities, leadership roles, or social initiatives can enhance your profile.

No, the Indian Institute of Management Ahmedabad (IIM Ahmedabad) does not offer a Bachelor of Business Administration (BBA) course. IIM Ahmedabad is primarily known for its postgraduate and doctoral programs, particularly the Post Graduate Program in Management (PGP), which is equivalent to an MBA.

For information about other MBA colleges in India, you can go through the link below.

https://bschool.careers360.com/colleges/list-of-bba-colleges-in-india

Hello aspirant,
To secure a seat in the Indian Institutes of Management (IIMs) for an MBA program, candidates typically need to appear for the Common Admission Test (CAT). CAT is a national-level entrance exam conducted annually by the IIMs on a rotational basis. However, some IIMs also accept other entrance exams such as GMAT (Graduate Management Admission Test) for international candidates or those with substantial work experience.

Thank you

Hope it helps you.

Hello Aspirant,

In addition to having a strong GPA, you should ideally have five years of post-college work experience, some leadership experience, and proof of high academic achievement. HBS is also curious about the accolades and distinctions you have received over the years.

You can refer the below link to know the admission process;

https://studyabroad.careers360.com/usa/universities/harvard-university-cambridge-unpg

ALL THE BEST

Hello aspirant,

All the respective IIMs have released the IIM admission details and eligibility criteria for 2024 on their official websites. For candidates in the general category, the calling cutoff at leading IIMs such as IIM Ahmedabad, Bangalore, and Calcutta falls within the percentile range of 95 to 100.

To know complete information, you can visit our website by clicking on the link given below.

https://bschool.careers360.com/articles/iim-admission-criteria

Thank you

Hope this information helps you.

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