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IIM Kozhikode Scholarship: Eligibility, Process and Types

IIM Kozhikode Scholarship: Eligibility, Process and Types

Edited By Tarun Bisht | Updated on Sep 25, 2024 03:38 PM IST | #IIM Kozhikode

IIM Kozhikode scholarships are meant for candidates who belong to a not-so-sound financial background. The different IIM Kozhikode scholarships allow the participation of candidates from diverse backgrounds to access high-quality business and management education. There are various categories for the IIM Kozhikode scholarships that are offered by different bodies like the state or central government, private financial institutions, or the college itself. Each IIM Kozhikode scholarship tends to be rewarded based on merit, need, diversity, academic performance, etc. Candidates can apply to various IIM Kozhikode Scholarships as per the one which they seem to be fit for.

IIM Kozhikode Scholarship: Eligibility, Process and Types
IIM Kozhikode Scholarship: Eligibility, Process and Types

IIM Kozhikode Scholarship

The various categories of IIM Kozhikode scholarships are given below.

  1. Merit-based IIM Kozhikode 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 Kozhikode scholarship: Given to candidates coming from poor backgrounds.

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

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

Eligibility Criteria for IIM Kozhikode Scholarship

The eligibility criteria can vary depending on the particular scholarships. However certain eligibility points should be fulfilled before applying to any of the IIM Kozhikode scholarships. The basic eligibility criteria for the IIM Kozhikode scholarship is given below.

  • 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 Kozhikode Scholarship

The different IIM Kozhikode scholarships along with the requisite eligibility criteria are listed in the table below.

Offered By

IIM Kozhikode Scholarship

Eligibility Criteria

Offered by the Institute

IIMK Merit Scholarship

IIMK Merit Scholarship is awarded to the students of Post Graduate Programmes (PGP, PGPLSM, and PGPFIN) first and second-year students based on their performance during one academic year, as determined by their CGPA.

IIMK Need-Based Financial Assistance (NBFA)

  • Students whose gross annual family income for the last financial year should be less than or equal to Rs.8 lakhs.

  • Students who have availed an education loan from scheduled commercial banks to fund his/her studies at the Institute.

  • Students have to produce the loan disbursement details in the prescribed format issued by the bank authorities to be eligible to apply for IIMK NBFA for the second year.

  • The student awardees of the scholarship should not have been involved in any act of indiscipline or misconduct at any time in the Institute.

Offered by the Central Government

Top Class Education Scheme for SC Students

Offered by the Ministry of Social Justice & Empowerment, Government of India, to the students belonging to the SC category based on annual parental income from all sources for the previous financial year. The maximum income limit is Rs. 8 Lakhs.

National Fellowship and Scholarship for Higher Education of ST Students

Offered by the Ministry of Tribal Affairs, Government of India to the students belonging to the ST category, based on annual parental income from all sources for the previous financial year. The maximum income limit is Rs. 6 Lakhs.

Merit Cum Means Scholarship for Professional and Technical Courses CS

Offered by the Ministry of Minority Affairs, Government of India, to the students belonging to minority communities, who have secured not less than 50% marks or equivalent grades in the previous final examination. The maximum limit of income for the previous financial year is Rs.2.5 Lakhs. Muslims, Sikhs, Christians, Buddhists, Jain, and Zoroastrians (Parsis) have been notified as minority communities.

Scholarships for Top Class Education for students with disabilities

Offered by the Ministry of Empowerment of Persons with Disabilities, Government of India to students with disabilities of 40% and above and have a valid certificate of disability as prescribed under rules issued by the competent authority-. The maximum limit of income of parents/guardians from all sources should not exceed Rs. 8 Lakhs.

Prime Ministers Scholarship Scheme for the wards of Central Armed Police Forces, Assam Rifles & state police personnel Ministry of Home Affairs:

Offered by the Ministry of Home Affairs, to the wards/ widows of CAPFs & AR. APFs & AR personnel died in harness/ election duty, wards or personnel disabled due to causes attributable to Govt. services, and Wards of Ex CAPFs & AR personnel in receipt of Gallantry awards. Applicant should have a minimum of 60% marks in Minimum Entry Qualification (MEQ) i.e. 10+2/Diploma/Graduation or equivalent in case of a new applicant.

Offered by the State Government

Rajarshee Shahu Maharaj Merit Scholarship

Offered by the Government of Maharashtra. The applicant should have a domicile in Maharashtra state or should belong to the border of Maharashtra and Karnataka, and also should belong to the Maratha community. The annual family income of the applicant should not exceed Rs. 8 Lakh from all sources.

Scholarship Scheme for Govt. of Tamil Nadu

Offered by the Government of Tamil Nadu to the native students belonging to BC/MBC/DNC communities. The maximum limit of income is Rs. 2 Lakhs.

Offered by Private organizations

IDFC First Bank MBA Scholarship

Offered by IDFC First Bank to students who have secured admissions in B-schools on their merit and whose income of the parents/guardians from all sources should not be more than Rs.6 lakhs per annum can apply for this scholarship. Open for Indian nationals residing in India only. Only students studying in 1st year of 2-year full-time MBA programs at selected MBA/PGDM colleges are eligible to apply for this scholarship program. The scholarship amount is Rs. 1 Lakh per student, per academic year.

Mirae Asset Foundation (MAF) Scholarship

Offered by Mirae Asset Foundation to the meritorious and Needy students of the first year & second year of PGP whose combined family income is less than Rs. 8 Lakhs. Scholarship amount of Rs. 5 Lakhs per student will be awarded based on interviews conducted for the shortlisted candidates by the MAF.

Aditya Birla Group Scholarship

Offered by Aditya Birla Group. The top 20 students from the first year (selection of students will be based on the criteria laid down by the Aditya Birla group) are eligible to apply for this scholarship. The scholarship is awarded based on a written test and interview conducted by the Aditya Birla Group. The scholarship awardees can continue receiving it in the second year as well if they are among the top 25 students as per the CGPA for the first year. Rs. 1.75 Lakhs per student is awarded as a scholarship per year.

OP Jindal Engineering & Management Scholarship (OPJEMS)

The top 10 students from the first year and second year of PGP are eligible to apply for this scholarship (selection of students will be based on the criteria laid down by OP Jindal). Rs. 1.5 Lakhs per student is awarded as a scholarship per year.

Frequently Asked Questions (FAQs)

1. Is there any scholarship in IIM Kozhikode?

IIM Kozhikode has various scholarships for needy candidates. The scholarship is offered by different government, private, and institutional bodies. Each IIM Kozhikode scholarship tends to be rewarded based on merit, need, diversity, academic performance, etc.

2. Is there 100 percent placement in IIM Kozhikode?

The MBA placement rate for IIM Kozhikode is approximately 100%.

3. What is the required CAT percentile for IIM Kozhikode?

The CAT percentile required for IIM Kozhikode is between 90-95. Candidates with the CAT percentile in the given range can apply to IIM Kozhikode for an interview callback.

4. What is the highest package in IIM Kozhikode?

The highest salary package offered at IIM Kozhikode is around 72.02 lakhs per annum. The average package is close to Rs. 23.08 lakhs per annum.

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Questions related to IIM Kozhikode

Have a question related to IIM Kozhikode ?

Hello,

The main differences between IIMA  and IIMK are as follows-

  • IIMA was established in 1961, while IIMK was in 1996
  • IIMA has been accorded NIRF Ranking 1 while IIMK with NIRF Ranking of 4
  • The course fee structure in IIMK was Rs 20.50 Lakhs while that of in IIMA it's Rs 23 Lakhs for a duration of two years for MBA program. the eligibility criteria for the same has been passed graduation in any discipline from a recognized board with 50% aggregate in case of IIMK, and for IIMA there is requirement of 60% aggregate at graduation level,
  • When it comes to the placements, in case of IIMK the highest salary has been 46.88 Lakhs while for IIMA it has been 82 Lakhs,
  • The placement has been 100%  in both the institutions, while McKinsey has been top recruiters for IIMA with 30 offers, for IIMK the top recruiters has been Deloitte, Goldman Sachs, Amazon, Microsoft to name a few.

You can visit the official website of the intuitions as follows to know more detailed information about the same-

  • IIMK - https://www.iimk.ac.in/
  • IIMA - https://www.iima.ac.in/

PGP Finance is a much newer 2 Year Management Programme at IIMK. Incase you are interested in pursuing an MBA with Specialization in Finance, you may opt for this course.

For more information about IIMK PGP Finance do follow the link below

https://bschool.careers360.com/news/iim-kozhikode-pgp-finance-admission

Though, I would suggest you to go for the Flagship PGP Program at IIM Shillong. IIM Shillong is one of the best IIM's after the Top 6, having an excellent ROI Factor, strong faculty and placements.

For more information about IIM Shillong do follow the link below

https://www.careers360.com/university/indian-institute-of-management-shillong


Hello,

Yes, not only IIM Kozhikode but every IIM gives weightage to academics and not only academics but they also give weightage on gender diversity, academic diversity, and even your work experience matters a lot. Have look at the shortlisting pattern of IIM Kozhikode for PI round

1. CAT score conducted by the IIMs itself- 45 percent

2. Class 10th marks- 25 percent

3. Class 12th marks- 15 percent

4. Gender/ Academic diversity- 10 percent

5. Prior work experience- 5 percent, Total 100 percent.

Do visit the below mentioned link for more information

https://www.google.com/amp/s/bschool.careers360.com/articles/iim-kozhikode-admission-criteria/amp

Good Luck.

Ideally you should have been eligible or atleast received a Call from 3 of the Top IIMs, BLACKI. Being from Non Engineering Background, and secondly after Securing 99.94 Percentile in CAT, its highly unusual. However, it does happen, and you may have lost points for your average Academic Record as well as Points due to No Work Experience.

However, Do keep hope, as All IIMs have yet not released their Call Lists. Secondly, their are many Excellent Management Institutes other than IIMs like Management Schools of Top IITs like VGSOM, SJSOM, DMS IIT Delhi as well as Top Management Institutes like FMS Delhi, MDI Gurgaon, IMT Ghaziabad, SPJIMR, NITIE and JBIMS Mumbai, and you must participate in the respective application processes.

For more information and IIM Call prediction do follow the link below

https://bschool.careers360.com/pathfinder/cat

HI Aspirant,

Getting admission in IIM through CAT is based on several factors.Minimum cut off criteria to apply remains at 85 percentile CAT Overall score and 75 CAT sectional Score.Both class 10 and 12 percentages need to be 60%.After that on shortlisting weightage division is taken into consideration.About 45% weightage is given to CAT Index Score,25% weightage is given to class 10 score and 15 to class 12.Rest weightage given on Work experience and gender diversity.If you are selected then comes final selection procedure where 44% weightage is given to each CAT INDEX SCORE and PI SCORE.12% gets strengthened by resume score.So here are three selection procedure.

Hope it helps!!

All the best!!

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