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MBA Scholarship in India 2025 enables MBA aspirants from lower-income families to attain quality education from the topmost Business schools in the country. Scholarships for MBA students in India are granted through various institutions including both Government and Private. Giving scholarships for MBA students in India is significant in nation-building as it bridges the gap between top-quality education and deserving candidates irrespective of their financial status.
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Based upon the requirements of candidates, scholarships for MBA students in India are provided under the following categories:
A candidate must at least possess the following qualifications to be able to get an MBA scholarship:
This is a list of Indian Institute of Management (IIM) scholarships for MBA students in India, along with IIM eligibility criteria.
IIMs | Scholarship | Eligibility Criteria |
Fellow Programme in Management | Total Family income less than 6 lakh p.a in the previous financial year. | |
State | Need and merit-based. Funded by the state govt. for top students belonging to the state. | |
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. | |
Bharti Scholarship | Annual income less than 1.08 lacs p.a. | |
Aditya Kashyap Memorial | First Rank Holder | |
SC/ST scholarship | Students belonging to SC/ST. Need-based. | |
Financial scholarship | Need-based | |
State scholarship | Merit based. Funded by the state govt. for top students belonging to the state. |
There are also institutions other than IIMs that provide scholarships for MBA students in India. Here’s a table showcasing the various details about other scholarships for MBA students in India: Scholarship for MBA students in India
Other scholarships for MBA students in India | Eligibility Criteria |
ONGC scholarship | General category students studying in the first year. Minimum 60% or equivalent CGPA in school as well as graduation. Family income less than 2 lakhs p.a. INR 48,000 will be given p.a. |
IDFC First Bank MBA Scholarship | Must be enrolled in the first year. Family income less than or equal to 6 lakhs p.a. INR 1 lakh will be given p.a. |
BML Munjal University MBA scholarship | Only for students applying to BML Munjal University. Variable amount based upon CAT/XAT/GMAT percentile. |
Merit cum Means Scholarship for Professional and Technical Courses (Minorities). | Students belonging to minority communities. Scored at least 50% or equivalent in previous final exams. Family income must not exceed 2.5 lakhs p.a (all sources combined). |
Post Graduate Scholarship for Professional Courses for SC/ST. | Students studying in the first year of the professional course at the post-graduate level. Eligible for receiving grants in aid from the University Grants Commission (UGC). |
IMT EWS Scholarships | EWS students who are enrolled in any AICTE-approved two-year PGDM program. |
YES Future Ready scholarship | Yes Bank provides financial assistance to 30 students (2 lakh each). Candidates are shortlisted based on academic performance. They further need to undergo an online test, submit an essay, and appear in an interview for final selection. |
Merit Scholarship by Management Development Institute (MDI), Gurugram | At the end of the second year, best-performing students are awarded a merit scholarship of INR 10,000. |
To apply for MBA scholarships in India, the candidates must follow the steps below:
When applying for the MBA scholarship in India, the candidate will be required to submit several documents, each with a file size not exceeding 500kb. These documents are as follows:
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Frequently Asked Questions (FAQs)
Various programs offer scholarships for MBA students in India. Institutes like IIMs, Aditya Birla Group, and BML Munjal University provide scholarships to students under different eligibility criteria like academic performance and financial condition.
Yes. There are specially curated scholarships for MBA students in India who are studying in the second year of their respective courses.
IIMs tend to provide scholarships for MBA students in India but under no circumstances do they grant a 100% scholarship.
There are many advantageous MBA scholarships. However, depending on eligibility criteria students can decide which one might prove the best for them.
On Question asked by student community
Good Morning,
NIT Rourkela CAT cutoff range is between 70-85 percentiles for the general category. 70 is the minimum percentile needed to apply, and 85 is the highest percentile. However, the maximum percentile depends on the particular year competition. It can be changed.
Thank You.
If you filled the UGC NET form under EWS but you don’t have a valid EWS certificate, then forget using the EWS category. They won’t accept it. You’ll automatically be treated as General category during document verification.
And no, this won’t make your form “invalid” or “illegal.” It just means you won’t get the EWS benefit.
So yes — you can still go for General category posts and Professor recruitment. Just don’t try to submit a fake/invalid certificate; that will get you disqualified.
Hello,
If your CAT admit card shows your surname first followed by your first name as entered in the form, it is correct. You do not need to worry about this format as long as it matches the details you provided. Ensure all other information on the admit card is accurate and carry it to the exam along with the required identification documents.
Hope this helps you.
Hello,
If your CAT admit card has a different date of birth than your Aadhaar card, you should get it corrected immediately . Here’s what you can do:
Check the CAT website : Log in to your candidate portal and look for the option to correct personal details.
Contact the CAT helpdesk : Email or call them explaining the issue. Attach a copy of your Aadhaar card as proof.
Do not ignore it : The date of birth must match your ID, otherwise you may face problems at the exam or during admission.
Usually, the CAT authorities allow corrections before the exam, so act quickly.
Hope it helps !
Hello,
Here are Documents Required for CUSAT CAT (NRI Quota):
To know more access below mentioned link:
https://engineering.careers360.com/articles/cusat-cat-application-form
Hope it helps.
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