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IIM scholarship for candidates is provided by the different IIM colleges to candidates with financial constraints of some or the other kind. The IIM scholarship is provided only to the eligible candidates. The IIM scholarships are funded either by the government or some other private institution. The IIM scholarships are provided with the goal of inclusion of every possible candidate in the prestigious management institutes. This article aims to provide robust information about the different IIM Scholarships available for candidates covering important aspects like type, eligibility, and features.
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IIM scholarships can be of various types depending on the way they are catered to the candidates. The various types of IIM scholarships are mentioned below.
The eligibility criteria for an IIM scholarship is specific to the particular scholarship. The eligibility criteria vary for every individual IIM Scholarship. However, a few of the conditions remain the same. Having these increases the probability of a candidate being considered for the IM Scholarship. The general eligibility criteria for the IIM scholarship is as follows.
The IIM scholarships provided by different IIMs along with their eligibility criteria are listed in the table below.
IIMs | IIM Scholarship | IIM Scholarship 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. | |
Aditya Birla Group scholarships | Merit-based scholarship. 6 students are selected. | |
OP Jindal Engineering and Management Scholars | Based on academic performance along with an online test and personal interview. | |
T Thomas | The second-year student is shortlisted. Based on merit cum means. | |
Societe General Global Solution Centre India | Financially weak students. Based on the interview. | |
Employment in Social sector scholarship | One-third of the tuition fee will be reimbursed as a scholarship after the candidate has completed 3 years of service in the social sector. | |
Aditya Kashyap Memorial | First Rank Holder | |
SC/ST scholarship | Students belonging to SC/ST. Need-based. | |
Bharti Scholarship | Annual income less than 1.08 lacs p.a. | |
Financial scholarship | Need-based | |
State scholarship | Merit based. Funded by the state govt. for top students belonging to the state. | |
IIMK Merit Scholarship | 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. | |
Top Class Education Scheme for SC Students | 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.8,00,000/-. | |
National Fellowship and Scholarship for Higher Education of ST Students | 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.6,00,000/-. | |
Merit Cum Means Scholarship for Professional and Technical Courses CS | 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.2,50,000. | |
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.2,00,000/-. | |
IIM Nagpur Merit Scholarship | For top ten scorer candidates securing 95%ile or above in CAT. | |
IIM Nagpur Need-cum-Merit Scholarship | For candidates with a family income of less than Rs 8 lakhs. | |
Merit cum Means Scholarship | Students should possess an aggregate of more than 50% marks (or equivalent grade in the previous final examination). The annual income of a student’s parents/guardians from all sources should not exceed INR 2.50 lakhs. | |
Type 1 | It gives a 30% waiver on the tuition fee. The annual family income should be less than 2.5 lakhs. | |
Type 2 | It gives a 50% waiver on the tuition fee. The annual family income should be less than 1 lakhs. |
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 scholarship. The amount can vary for different IIMs.
Some of the IIM Scholarships offer a fee waiver to candidates. The tuition fee waived can be between 30 to 50%. In very rare cases, only under special circumstances, a candidate is given a complete fee waiver for the tuition fee.
Yes. There are specially curated scholarships for MBA students in India who are studying in the second year of their respective courses.
With the introduction of numerous IIM scholarship programs for candidates by both government and private institutions, it has become feasible for candidates with a poor financial background to join IIM.
Most of the IIMs do not provide category-wise scholarship to students who qualify the CAT entrance exam. The MBA/ PGDM course fee is the same for all categories of students. However, scholarships are offered to only eligible candidates based on several factors such as merit, merit-cum means, etc.
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Hello aspirant,
The only on-screen calculator that CAT permits use is a simple one. It is not permitted for you to bring the actual calculator into the center. This approach is predicated on the idea that the CAT assesses an individual's aptitude for solving challenging mathematical puzzles and making fast mental computations.
Thank you
A CAT percentile of 90 or above can strengthen your application to MICA, it is not the only factor that determines admission.MICA considers scores of CAT and MICAT which are weighted 50–50 percent for the interview call.
Strong performance in the Pshycometric test and descriptive writing increase your chances to get into mica even if you score 80 percentile.the admission is based upon whole performance including every marks.
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Hello,
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