IIM Bangalore – Indian Institute of Management Scholarships

IIM Bangalore Scholarship

IIM Bangalore provides financial support to students through its Financial Aid Policy, aiming to prevent any student from being denied education due to financial constraints. Under this policy, PGP students from households with an annual income below INR 8 lakhs are eligible for financial aid ranging from 100% to 20%. Additionally, IIM Bangalore offers various merit-based and merit-cum-need-based scholarships. Examples of these scholarships include:

Privately Offered Scholarships:

• Aditya Birla Scholarship: The scholarship is offered to the students in 1st as well as 2nd year. It’s a merit-based scholarship of PGP students and the amount is INR 1.75 Lakh per student.
• OPJEMS Scholarship: This merit-based scholarship is given to PGP students of the second year. The first ten toppers of 2nd year based on the academic performance in the first year are eligible to apply on the basis of online test conducted by OP Jindal Group one student of each academic year will be awarded. The scholarship amount is INR 1.50 lakh
• Siddhartha Padam Award: This scholarship is awarded to a PGP student who is on the Director’s Merit List and gets the highest CGPA in the Economics, Finance & Accounting core courses in the first year. It carries a cash prize of INR 50,000, a medallion and a certificate.
• Hindustan Unilever / T Thomas Scholarship: This merit-cum-means scholarship is given by HUL to one PGP second-year student. The scholarship of INR 1 lakh
• Yes Bank Scholarship: This scholarship of INR 2 lakhs is open to students who are among the top 20 students as per the admission criteria, belong to the top 20% of the batch based on the current CGPA and are members of at least one student committee.

IIMB Alumni Scholarships:

• IIMB PGP Alumni First Batch (1976) Scholarship: This scholarship is given to a differently-abled woman student from PGP. The scholarship aims to assist a differently-abled female student (or male student, if there is no eligible female student). The scholarship carries a purse of INR 75000, a medallion and a certificate.
• Runwal Education Trust Scholarship: This scholarship is given to a PGP student based on a combination of academic performance in the 1st year and the student’s financial need. The scholarship carries a purse of INR 100000, a medallion and a certificate.

Government Funded Scholarships:

• NTPC Scholarship Scheme: The scholarship amounts to INR 48,000 per year. Students who belong to SC/ST/PwD categories and are in their second year of management studies, having passed the first-year examination in one attempt, are eligible for the scholarship.
• Ministry of Tribal Affairs Scholarship (ST): The Ministry of Tribal Affairs, Government of India invites applications for the National Scholarship for Higher Education for Scheduled Tribe students of PGP first year. This is a means scholarship that covers tuition expenses in full.
• Ministry of Social Justice and Empowerment Scholarship (SC): The Ministry of Social Justice and Empowerment Government of India invites applications for the National Scholarship for Higher Education for Scheduled Caste students from Meritorious SC students PGP first year. This is a means scholarship that covers tuition expenses in full.
• Ministry of Social Justice and Empowerment Department of Persons with Disabilities (PwD): A person with a disability having not less than 40% disability and having a disability certificate issued by any competent medical authority. This is a means scholarship is 2,55,000 per year.