Government-Supported & Centralized Platforms
- National Scholarship Portal (NSP)
A one-stop government portal for applying to hundreds of central and state-level scholarships across India, including postgraduate scholarships that might support MBA students. It’s essential to explore the NSP thoroughly for eligibility and application windows.
Institute-Specific Scholarships (IIMs & Other B-school Programs)
IIMs
- IIM Ahmedabad
- Special Needs Scholarship: For students from families with gross income below ₹15 lakh, with award amounts determined case-by-case.
- T. Thomas Scholarship: Merit-cum-means award for second-year students, sponsored by Hindustan Unilever.
- IIM Bangalore
- Financial Aid: Available to PGP students from families earning less than ₹6 lakh/year.
- Citi Women’s Leader Award: Covers second-year tuition, selected via interviews by CitiGroup.
- PGP Alumni (1976) Scholarship: For differently-abled female students (or male if no female qualifies), award includes ₹75,000, a medallion, and certificate.
- IIM Lucknow
- Need-Based Scholarships: For students with family income below ₹1.5 lakh, merit-based selection.
- Industry-Sponsored Awards: Range from ₹6,000 to ₹1 lakh annually from corporate sponsors like Aditya Birla, Citibank, Bharti, etc.
- IIM Calcutta, Kozhikode, Indore, Others
- Offer numerous scholarships: IIM Calcutta sponsors (e.g., Aditya Birla, Tata, OP Jindal), top-class education, and disability/tribal scholarships.
- IIM Kozhikode provides tuition fee waivers from 25% up to 100% based on income.
- IIM Indore and others also offer various need- and merit-based aids.
- IMT (Ghaziabad, Nagpur, Hyderabad)
- IMT EWS Scholarships: Fully cover fees for Economically Weaker Section candidates; limited slots (e.g., 10 at Ghaziabad, 5 each at Nagpur/Hyderabad).
- OP Jindal Engineering & Management Scholarships (OPJEMS)
- Top B-schools participate. First-year selection via entrance exam ranking; upper years via academic performance. Awards around ₹1.5 lakh/year.
- Lovely Professional University (LPU)
- Through LPUNEST, students can secure scholarships ranging from 10% to 100% of tuition. Top performers may get up to ₹9.52 lakh tuition waiver.
- Maharaja Agrasen Institute of Management and Technology (MAIMT)
- Offers small scholarships (e.g., ₹5,000 for ≥75% in graduation) and category-based (SC/OBC) aid per government norms.
Corporate, Bank & NGO Scholarships
- PNB Housing Finance Protsahan Scholarship
- Merit-cum-need based (income ≤ ₹8 lakh). Covers ₹2 lakh for first-year MBA students at designated institutes like BIMTECH, IMT Nagpur, Indira Institute of Management Pune.
- Aditya Birla Group Scholarship
- For top 20 MBA aspirants (based on entrance ranks) at IIMs (Ahmedabad, Bangalore, Calcutta, etc.) and XLRI Jamshedpur. Value ~₹1.75 lakh per year.
- IDFC FIRST Bank MBA Scholarship
- For Indian students with family income ≤ ₹6 lakh. Provided via Buddy4Study or bank channels. ₹1 lakh per year throughout MBA.
- ONGC Scholarship
- Targeted at first-year MBA students (general category), family income ≤ ₹2 lakh, under 30 years old. Offers ₹48,000 per year.
- BML Munjal Scholarship
- Requires ≥80% in Class 12 and high CAT/XAT/GMAT scores; amount and details per year.
- HUL (T. Thomas) Scholarship
- Granted in second year to students based on merit-cum-means. Amount ~₹1 lakh/year.
- Mirae Asset Foundation Scholarship
- Awards up to ₹5 lakh selectively for MBA students.
- Tata Trusts Professional Studies Scholarship
- Need-based; amounts vary case to case.
- SJ Jindal Trust Scholarship
- For low-income families; awards ₹40,000–₹50,000/year.
- NSDL Shiksha Sahyog Scholarship (PG Level)
- For postgraduate students with financial constraints; ₹10,000–₹30,000/year.