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

Team Careers360Updated on 23 Sep 2024, 03:42 PM IST

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

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)

Q: Can a poor student join IIM Ahmedabad?
A:

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.

Q: Can I get a full scholarship for IIM Ahmedabad?
A:

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.

Q: Does IIM Ahmedabad give scholarships?
A:

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.

Q: Is IIM Ahmedabad costly?
A:

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.

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Questions related to IIM Ahmedabad (IIMA)

On Question asked by student community

Have a question related to IIM Ahmedabad (IIMA) ?

Yes, if you appear for the CBSE improvement exam as a private candidate and score higher marks, then the latest marksheet will be considered as your valid Class 12th result. For IIM A, B, C and other top IIMs, they look at the final updated marksheet that you present at the time of admission.

So, if you improve your percentage from 70% to 90%, then definitely the improved score will be counted in your profile evaluation. Just make sure you give the exam through the official CBSE improvement route and keep the valid documents.

Hey Ramesh! Looking at your profile—10th: 92%, 12th: 93%, Master’s CGPA: 8.3, no work experience, SC category—you have a solid academic record. For top IIMs like Ahmedabad, Bangalore, and Calcutta, SC category candidates usually need a CAT percentile of around 92–94 to have a realistic chance at admission. Other IIMs like Lucknow, Indore, Kozhikode may require slightly higher percentiles, around 94–96. For FMS Delhi, SC candidates typically need 95+ percentile.

Remember, these percentiles are approximate and can vary slightly each year depending on the competition and number of seats. Sectional cut-offs also matter, so make sure to perform well in all sections of CAT. Since you have no work experience, your academic record will carry more weight, which is in your favor. My suggestion is to aim for 95+ percentile to keep your options open across IIMs and FMS. Also, consider applying to other top MBA colleges alongside, to maximize your chances. With focused preparation, your profile is competitive for SC category seats.

Hi Lokendra

As you are from SC category and also a PWD candidate, your chances of getting a call from IIM A,B,C will be very good at 60 - 65 percentile. The official minimum percentile required for your category (cutoff) is 50 percentile but the safe percentile for getting a call from IIM ABC is 65 percentile. The safe percentile to guarantee your admission would be 80 percentile.

To know more about CAT: CAT by CAREERS360

Hope this answer helps! Thank You!!!

Hello,

Depending on the IIM, SC or PWD candidates minimal percentile for an IIM call typically falls between 50 and 70. Generally speaking, a percentile score of 80 or more is seen as a safe bet for admission assurance. However, various IIMs and even different years for the same IIM may have varying cut offs and admission chances.

Hello Aspirant,

  1. Minimum Percentile for IIM A/B: While there isn't a specific percentile to guarantee you admission to IIM Ahmedabad or IIM Bangalore, a 99+ percentile CAT score is typically deemed competitive at these schools in particular for GEM candidates. The percentile is only one consideration alongside your academic history, experience and other accomplishments, so the required percentile is variable.
  2. Is it worth trying without work experience - It is possible for you to get into IIMs with no work experience; however, preferably in particular for IIM A/B, candidates typically have gained work experience along with 2+ other years in the workplace when they apply for an MBA. These colleges want candidates to demonstrate real-world experiences where they were impactful, have taken on leadership roles etc. In other words, if your goal is Management Consulting, the experience in your current job offer will provide you with solid practical experience and credibility to apply later.
  3. Should wait or go ahead with job offer - If Management Consulting is your goal, the real value of the job offer is through the work experience. Over the long term, securing work experience through the job offer is valuable and beneficial to your profile. IIMs really appreciate a mix of academic performance, experience in the workforce and individuals who demonstrate past leadership potential to make the jump into an MBA. Besides, if you take the job, it also gives you time to stretch your mind to determine if management consulting is really what you want to do with your life before you apply for an MBA.