MBA Scholarships in India for Govt and Private Colleges 2024
MBA scholarships in India for govt and private colleges are provided by various organisations. Check the college-wise MBA scholarships offered in India.
Shivani Kumari20 Jun, 2024
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MBA Scholarships in India for Govt and Private Colleges: Pursuing an MBA in India requires a significant investment of money. The average fee needed for an MBA from a renowned institute is nearly INR 10 lakh. Many deserving candidates face challenges in meeting the MBA fee requirements due to their financial conditions. To help these candidates achieve their target of becoming MBA degree holders, various MBA institutes offer scholarships.
Here, we have provided details of MBA scholarships in India for govt. and private colleges and steps to apply for MBA scholarship.MBA Scholarships in India for Private Colleges
Most MBA institutes in India offer merit and need-based scholarships to students. The table below provides a list of MBA scholarships offered by top private MBA colleges in India:| MBA College | MBA Scholarships Offered |
| SIBM, Pune | Post Graduate (MBA) Scholarship for IIT graduates, Jayatee Deshmukh PG Scholarship for a Girl Student, Merit-based PG Scholarships, Alumni Scholarship for first rank in MBA-IB, Malhotra Weikfield Foundation Scholarship for MBA-IB, Alumni Scholarship for second rank in MBA-IB, Lila Poonawalla Scholarships, Outstanding Sports Person Scholarships, Outstanding Student Participating in Co-curricular Activities |
| XLRI, Jamshedpur | Aditya Birla Scholarship, Mirae Asset Foundation Scholarship, IDFC First Bank, T Thomas, OP Jindal Engineering & Management, Pirojsha Godrej, Geeta Saxena Memorial, Joseph M Sciortino, Kalyan Ganguly XEF Scholarship, Vasantha Sankaran Scholarship, Naveen Jain & Distinguished Alumni Award, XLRI Diamond Jubilee [Juniors], XLRI Diamond Jubilee [Seniors], Alumni Scholarship (General), Alumni Batch of 1988 Scholarship, OBC/EBC/DNT, Alumni Scholarship (SC/ST/EBC), Revolut Ira Scholarship, ST – Government of India, SC – Government of India |
| SPJIMR | Mirae Asset Foundation (MAF) Scholarship, Merit cum - Means Based Financial Assistance |
| MDI, Gurgaon | AICTE Tuition Fee Waiver (TFW) Scheme -1 Merit cum Means ScholarshipScheme-2 |
| Indian Institute of Foreign Trade | Need Based Scholarship Scheme, New Scholarship Scheme (NSS), Scholarships offered by Government of India |
| Goa Institute of Management | Academic Competence and Excellence Scholarship Scheme (ACCESS) |
| SVKM’s NMIMS | Central Sector Scheme of Scholarship |
| UPES, Dehradun | Bonafide Uttarakhand Student scholarship, Alumni scholarship, Employee Ward Scholarship, Merit-based scholarships, Sports scholarship |
| Great Lakes Institute of Management | Diversity & Merit Scholarships, Dr. Bala V Balachandran Merit Scholarship |
| K J Somaiya Inst. of Management Studies and Research | Dr. Meenakshi Rajan Memorial Scholarship, Smt. Mayadevi S Somaiya Memorial Scholarship, Benevolent Scholarship, Bharti Nanji Gala Scholarship, Smt. Sakarbai K Somaiya Scholarship |
| MI Delhi | Merit-based scholarship |
| TA Pai Management Institute, Manipal | Merit-based scholarship |
| MICA, Ahmedabad | Merit-cum-Means Scholarship |
| Birla Inst. of Management Technology, Greater Noida | Late G.D Birla Academic Merit Scholarship, A. Shriyut B K Birla Admission Scholarship, C. Madhuri & Jagdish Sheth Endowment Awards, Scholarships for candidates admitted under supernumerary category |
| ICFAI Foundation for Higher Education, Hyderabad | Merit-based scholarship |
| Fore School of Management, New Delhi | Means cum Merit Based Scholarship |
| Principal L N Welingkar Inst. of Management Development and Research, Mumbai | Linnaeus-Palme scholarship |
| Rajagiri Business School, Cochin | Diversity Scholarship, Career and Talent Scholarship |
| Kalinga Inst. of Industrial Technology, Bhubaneswar | Pradyumna Bal Memorial Scholarship, KIIT Merit Scholarship, KIIT Poverty-Cum-Merit Scholarship |
| New Delhi Institute of Management, Delhi | Post Matric Scholarship (SC), Merit Scholarship for students belonging to ST/SC/OBC/Minority category, Post Matric Scholarship (OBC), Merit cum Means Scholarship for Professional & Technical Courses, Smt. Sugan Devi Maheshwari Memorial Scholarship, Post Matric Scholarship for Minorities, Centrally Sponsored Schemes, Sh. B.C. Maheshwari Memorial Scholarship |
| Panjab University, Chandigarh | Scholarships for students with disabilities, Merit-cum-means scholarship for SC/ST |
| Jamia Hamdard, New Delhi | Merit cum Means Scholarship, Prime Minister Special Scholarship Scheme, SC/ST and OBC Scholarships – State Level, Scholarships by Donors & Other Stakeholders |
MBA Scholarships in India for IIMs
IIMs are the most esteemed government MBA colleges in India. The MBA fees at IIMs range from INR 17 to 27 lakh, prompting many candidates to seek scholarship assistance to complete MBA courses. The following table provides the list of scholarships offered at various IIM campuses:| IIM Centre | Scholarship Schemes |
| IIM Calcutta | Sponsored by Ratan Tata Trust, T. Thomas Scholarship (HUL), Aditya Birla Group, OP Jindal Engineering & Management Scholarship |
| IIM Ahmedabad | Scholarships from Alumni, Scholarships from Companies, IIMA Exit Scholarships, IIMA Special Need-Based Scholarships, Scholarships from the Government of India |
| IIM Bangalore | Need based financial aid for all PGP students with family incomes below INR 8,00,000 |
| IIM Indore | Need-Based Financial Assistance (NBFA) |
| IIM Kozhikode |
IIMK Merit Scholarship, IIMK Need-Based Financial Assistance (NBFA) based on family income:
|
| IIM Kashipur | Central Sector Scholarship Scheme of Top-Class Education for SC category |
| IIM Udaipur | Scheme of Scholarship for Top-Class Education for PwD, Central Sector Scholarship Scheme of Top-Class Education for SC, Merit-cum-Means Based Scholarship for Minorities, National Fellowship and Scholarship for Higher Education of ST Students, Mukhya Mantri Sarvajan Uchcha Shiksha Scheme (for students from Rajasthan) |
| IIM Sirmaur | National Means Cum Merit Scholarship, Scholarships for Top-Class Education for Students with Disabilities, Post-matric Scholarship for Students with Disabilities, National Fellowship & Scholarship for Higher Education of ST Students |
| IIM Shillong | Need-based scholarship Scheme, Post-matric Scholarship for PwD, Scholarships for Students with Disabilities |
| IIM Nagpur | Rajarshi Shahu Maharaj Merit Scholarship for SC Students in Maharashtra, Merit Cum Means Scholarship for Professional and Technical Courses |
| IIM Rohtak |
Contingency Grant, Financial Support for Conferences (INR 1.85 lakh over four years), and DPM Scholarship provided as follows-
|
MBA Scholarships in India for Government Colleges/Universities
Below are the top government universities and scholarships offered to students:| MBA Colleges | Scholarship Schemes |
| Anna University, Chennai | Merit-cum-Means based scholarship |
| Jamia Millia Islamia, New Delhi | Hamdard Education Society Scholarship, Dr A.P.J. Abdul Kalam Scholarship, Post Graduate Merit-cum-Means Mushirul Hasan Scholarship, Reliance Foundation Scholarships for UG & PG Students, Mrs. Maqbool Nikhat Mahdi Scholarship, SMT Shyam Lata Gard Scholarship, ONGC Merit Scholarship, Scholarships for Students from Minority Communities, Hakeem Abdul Hameed Scholarship, Scholarships from Foundation for Excellence India Trust, State Funded Scholarship Schemes, Pradhan Mantri Uchchatar Shiksha Protsahan |
| Banaras Hindu University, Varanasi | Scholarship for Blind students, Pyare Lal, S.N. Ranade Scholarship, Scholarship for rank holders, Merit-cum-Means based scholarship |
| Chandigarh University | Pre-Earned Credit Program Scholarship, Scholarship Scheme for MBA Students (qualifying for CAT , XAT , MAT, ATMA, CMAT ), Post Graduate Scholarship for Professional Courses for SC/ST |
| Atal Bihari Vajpayee Indian Inst. of IT and Management | Reliance Foundation Postgraduate Scholarship, Shraman Foundation |
| Aligarh Muslim University, Aligarh | PG Scholarship for Univ. Rank Holder, National Fellowship for ST, Maulana Azad National Fellowship for Minority, National Fellowship for SC, Indira Gandhi Scholarship Scheme for Single Girl Child, PG Professional Courses Scholarship for SC/ST, Emeritus Fellowship, Kothari Fellowship |
Steps to Apply for an MBA Scholarship in India
Eligible candidates can apply for MBA scholarships through the official scholarship portal. They must complete the online application form and upload the necessary documents. The steps to apply for MBA scholarship are as follows:- Visit the official website of the National Scholarships Portal and read the scholarship guidelines.
- Select the type of scholarship and complete the registration process.
- Accurately enter the necessary details.
- Upload the required scanned documents.
- Download and save a copy of the scholarship application for future reference.
Documents Required to Apply for MBA Scholarship in India
Here are the crucial documents candidates must upload during the MBA scholarship application process:- Recent passport-size photo
- Scanned copy of the bank passbook (first page)
- Scanned Aadhar card (front and back)
- Passing certificate of class 10th, 12th, and graduation
- Birth certificate signed by authorised Revenue Officer
- Caste certificate signed by authorised Revenue Officer
- Permanent Residential Certificate
- Parent's income certificate
MBA Scholarships in India for Govt and Private Colleges FAQs
Can I get full scholarship for MBA in India?
Yes, many colleges offer 100% scholarships on the tuition fee. To get these scholarships, candidates must have an outstanding academic record and excellent performance in the MBA entrance exam.
Is scholarship available for online MBA?
Yes, many colleges offer scholarships for online MBAs. These include need-based, merit-based and corporate scholarships.
Can I get 100% scholarship for MBA in IIM?
IIMs offer need-based and merit-based scholarships to candidates according to their financial status. These scholarships are crucial for candidates to cover the remaining tuition fees without any hurdles. However, it is less likely for IIMs to offer 100% scholarships.
What are top MBA Scholarships in India?
Top MBA scholarships in India are Mirae Asset Foundation Scholarship, BML Munjal Scholarship, post Graduate Scholarship for Professional Courses for SC/ST, and Scholarships offered by IIMs.
How to get Aditya Birla scholarship for MBA?
Aditya Birla scholarship for MBA is offered based on candidates' academic and cocurricular achievements.
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