KJ Somaiya Institute of Management, Mumbai - Scholarship Details

Mumbai, MaharashtraEstd 1981 Somaiya Vidyavihar University, Mumbai
#12 For MBA By Outlook 2024  
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Written By Aparna Das 

KJ Somaiya offers Merit based Scholarship and Financial Aid to its students. KJ Somaiya offers 5 Merit based Scholarships that provide 100% tuition fees waiver. KJ Somaiya Scholarship applicants must score a minimum of 80% marks in Class 10th and 12th and 70% in UG studies and must also maintain >=90 percentile in CAT or >=90 percentile in XAT or >= 700 in GMAT or >=250 NMAT. If an applicant cancels the candidature in the programme after receiving the scholarship will attract a penalty of INR 5 K.

KJ Somaiya Merit Based Scholarship

KJ SomaiyaMerit based Scholarship eligibility criteria is as follows:

  • Applicants must be a resident of India
  • Applicants must be below 30 years of age.
  • Applicants must have scored a minimum of 80% marks in Class 10th and 12th and 70% in UG studies.
  • Achievements at the State, National level or international level in Sports, Arts and Community service or other significant achievements
  • >=90 percentile in CAT/ >=90 percentile in XAT / >= 700 in GMAT / >=250 NMAT.

The below table represents the selection process for being eligible to KJ Somaiya scholarships:

Stages Selection Process
Pre-Screening Criteria
Stage 1
  • Based on academic merit, achievements in extracurricular or co-curricular activities
  • Candidate’s Statement of Purpose of 300 words by KJSIM Selection committee (Head of Admissions, at least 3 Area Chairpersons, Director)
Stage 2
  • In-person interview by a panel (VC, Registrar, Dean of Research, Director and an External Expert)
  • Top 5 students will be selected
  • Scholarship for 2 years with conditions of maintaining academic performance at 65% to 70% or equivalent CGPA and attendance above 75%

KJ Somaiya Scholarship Renewal Eligibility

  • Based on academic performance in the 1st Year at 65% to 70% Marks or equivalent CGPA, attendance above 75%.
  • The recipient of the scholarship should not have any disciplinary action initiated against Them.

KJ Somaiya Financial Aid

KJ Somaiya Financial Aid will be awarded to selected candidates in the range of 10% to 80% of the tuition fees. The financial aid will be applicable for the entire duration of the program. The eligibility criteria is as follows:

  • Family Income must be less than INR 8,00,000 per annum.
  • Person with Disabilities (PwD)
  • Wards of defense personnel disabled or deceased in the line of duty.

The selection process for being eligible to KJ Somaiya financial aid is as follows:

Stages Selection Process
Submission Candidates are required to register on the Admission Portal and submit Financial Aid related documents with the Admission Form
Screening Submitted applications are reviewed and screened based on their eligibility criteria
Evaluation Eligible Candidates will go through an Interview round

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KJ Somaiya Scholarship FAQs

Ques. Does KJ Somaiya have any scholarship?

Ans. KJ Somaiya offers 5 merit based scholarships that provide 100% tuition fees waiver and Financial Aid for its students.

Ques. What are the eligibility criteria of KJ Somaiya merit based scholarships?

Ans. The eligibility criteria of KJ Somaiya scholarships are as follows:

  • Applicants must be a resident of India
  • Applicants must be below 30 years of age.
  • Applicants must have scored a minimum of 80% marks in Class 10th and 12th and 70% in UG studies.
  • Achievements at the State, National level or international level in Sports, Arts and Community service or other significant achievements
  • >=90 percentile in CAT/ >=90 percentile in XAT / >= 700 in GMAT / >=250 NMAT.

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