IIM Mumbai Scholarship 2025: Eligibility, Guidelines, and Types
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IIM Mumbai Scholarship 2025: Eligibility, Guidelines, and Types

Team Careers360Updated on 05 Dec 2024, 03:40 PM IST

IIM Mumbai scholarship is offered to candidates to help them in their academic journey throughout their chosen program. The IIM Mumbai scholarship can be either merit-based, need-based, or any other specified criteria. Candidates who satisfy the eligibility criteria for the IIM scholarship can apply via the official website along with the required documents. The IIM Mumbai scholarship does not apply just to the MBA program but also to the other postgraduate programs that are offered by IIM Mumbai. This article is a comprehensive guide to know about the various IIM Mumbai scholarships and their respective criteria.

This Story also Contains

  1. IIM Mumbai Scholarship 2025
  2. IIM Mumbai Scholarship Eligibility Criteria
  3. Different IIM Mumbai Scholarships
IIM Mumbai Scholarship 2025: Eligibility, Guidelines, and Types
IIM Mumbai Scholarship

IIM Mumbai Scholarship 2025

Candidates can avail of IIM Mumbai scholarships based on the type of scholarship that is best suited for them. The different categories of IIM Mumbai scholarships are given in the table below.

Type of IIM Mumbai Scholarship

Description

Merit-Based IIM Mumbai Scholarship

Given to candidates with extraordinary academic performance at school and graduation level along with exceptional performance in MBA entrance exams.

Need-Based IIM Mumbai Scholarship

Given to financially weak candidates coming from poor backgrounds.

Diversity and Gender-Based IIM Scholarship

Given to candidates coming from diverse religious and cultural backgrounds.

External IIM Mumbai Scholarships

Given to students by companies that employ MBA graduates to bring new talent into their workspace.

IIM Mumbai Scholarship Eligibility Criteria

The eligibility criteria for the IIM Mumbai scholarship would vary as per the particular scholarship scheme formulated by the institute. The basic eligibility criteria that apply to most of the IIM Mumbai scholarships are mentioned below.

  • A bachelor’s degree from a recognized university or equivalent institution.
  • Excellent academic records at the 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.

Different IIM Mumbai Scholarships

The different IIM Mumbai scholarships and their important details are given in the table below.

IIM Mumbai Scholarship

Important Details

IIM Mumbai Merit-based Scholarships

30% tuition fee waiver for the selected candidates. The family income must not exceed Rs. 2.5 lakhs annually.

IIM Mumbai Need-based Scholarships

50% tuition fee waiver for the selected candidates. The family income must not exceed Rs. 1 lakh annually.

IIM Mumbai Scholarship for SC/ST Students

Candidates belonging to the SC/ST category are offered financial assistance as per the scheme by the Government of India, subject to the satisfactory fulfillment of the terms and conditions mentioned therein. The family income must not exceed Rs. 8 lakhs annually.

Corporate Scholarships

Awarded by corporations like Aditya Birla Group, Mahindra, etc. to selected candidates based on exam scores and personal interviews.

IIM Mumbai Fellowships

Junior Research Fellow (JRF):

Post Graduate Degree in Basic Science OR Graduate/Post Graduate Degree in Professional course selected through a process described through any one of the following:

  • Scholars who are selected through National Eligibility Tests (UGC NET), including lectureships (assistant professorships) and GATE, get emoluments amounting to Rs. 31,000 per month.

  • The selection process through national-level examinations conducted by MHRD and its Agencies and institutions, such as UGC/IIT/IISc/IISER/IIIT, etc.

Senior Research Fellow (SRF):

  • Qualification prescribed for JRF: two years of research experience. Emoluments of Rs. 35,000 per month.

Frequently Asked Questions (FAQs)

Q: What is the CAT cutoff for IIM Mumbai?
A:

The expected CAT cutoff for IIM Mumbai is around 92 percentile. Candidates with a CAT percentile of 92 and above can receive an interview call from IIM Mumbai.

Q: Can I get a 100% scholarship for IIM Mumbai?
A:

A 100% scholarship is not offered by IIM Mumbai. However, it does offer scholarships that give a tuition fee waiver of 30 and 50 percent respectively to the selected candidates that satisfy the requirements.

Q: What is the fees for IIM Mumbai?
A:

The fees of IIM Mumbai for an MBA is close to Rs. 14 Lakhs. IIM Mumbai scholarship is offered to candidates to help them in their academic journey throughout their chosen program.

Q: What is the average package at IIM Mumbai?
A:

The average salary package for the top 50% batch is around Rs. 33.84 Lakhs per annum. The highest salary package offered was approximately Rs. 54 Lakhs per annum. The average stipend for the summer internship was Rs. 2.27 Lakhs.

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Questions related to IIM Mumbai (NITIE)

On Question asked by student community

Have a question related to IIM Mumbai (NITIE) ?

Hello,

As you have mentioned that you appeared for this exam  in back 2021 and now you are willing or looking for admission in the above mentioned college so if you want to check about admission through this marks than you can contact the college and let them know your doubt and surely they give you best answer regarding it.

Thank you..

Dear student,

It is difficult to predict because you have not mentioned your Rank and without rank it will be tough to predict your chances of getting seat in Colleges.

GATE 2021 Cut-off for XE:

Highest score : 1000/ 1 000

Highest Marks : 90.33/100

Cut-off score : 37/100

But cut-offs varies from year to year and depends on many factors.

To check previous year's cut-offs of GATE, go through below mentioned link.

NIT GATE cut-off:

https://engineering.careers360.com/articles/gate-cutoff-for-nits

IITs GATE cut-off:

https://engineering.careers360.com/articles/gate-cutoff-for-iits

Predict Colleges you can get using below mentioned College Predictor Tool.

https://engineering.careers360.com/gate-college-predictor

I hope this information was helpful to you.

All The Best!!

Hi,

Hope you are doing great.

Yes, you do hold a good chance of getting a call from NITIE. Because if we see the previous year's cut-off, we get to know that the cut-off usually varies from 96-97 percentile. But for shortlisting the candidates for the GDPI process academic performance and diversity( whether it is gender or academic) also come into the picture. So, let's just hope for the best.

If you want to predict the names of the colleges that you can get at this score you can click on the link given below.

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

Hope this helps


Dear aspirant,

As you have secured 86 percentile in cat and considering your education background let me tell you that nitie is one of the top colleges and cracking that is not easy .

Considering you as a general category candidate you need atleast 95+ percentile to crack nitie. However interview will also play a vital role after getting a good percentile in cat.

Dear aspirant,

As you have secured 83 percentile and considering you are from.obc category let me tell you that it's very difficult in this percentile to get a call from nitie because the cut offs are higher.

Generally, for general category atleast 97+ is needed to get a call and for obc atleast 90+ is needed to get a call . Note this is not the cut off but this score is mandatory to get a call from nitie.

However various factors are considered while deciding the cut offs like number of candidates appearing in the examination, number of vacant seats in college, previous years cut offs and difficulty level of the paper.

For more information you can check out the link given below-

https://bschool.careers360.com/articles/nitie-mumbai-cutoff