NISM Admissions 2024: Registration, Courses, Fee, Application Process, Selection Criteria

It is NISMs' endeavour to make education more affordable for students from all walks of life and ensure that every deserving student gets an opportunity for quality education. Various categories of scholarships have been made available and designed to cater to different students. Following merit-based scholarships and tuition fee waiver schemes are in place:

1. Merit Scholarship: Students who have secured 1st rank at the preceding degree (in an examination where at least 120 students have taken exam in the respective University/ Institute) are eligible for 50% of the tuition fee waiver during the first year. Student shall secure at least 60% of marks along with 90% of attendance in each trimester of first year in order to continue to be eligible for 50% tuition fee waiver for the entire programme.
2. Economically backward students: Economically backward students, with meritorious academic record are eligible for 50% of tuition fee waiver in the first year, whose parent/guardian income is less than INR 4.00 lakh per annum. A student shall secure at least 60% of marks along with 90% attendance in each trimester of first year in order to continue to be eligible for such tuition fee waiver.
3. Students from local area: Students from Raigarh (MH) district securing admission in PGDM-SM program are eligible for 30% of tuition fee waiver in the first year. Student shall secure at least 60% of marks along with 90% of attendance in each trimester of first year in order to continue to be eligible for 50% tuition fee waiver for the entire program.
4. Best performing Students: Students are eligible for 50% of tuition fee waiver for the second year for securing the first position/rank in the first year.
5. Fee waiver for Students based on admission Merit criteria: Students with 1st Class and above in graduation level along with CAT / XAT / GMAT score of 75 percentile & above and other eligible test scores of 80 percentile & above are eligible for tuition fee waiver up to 50% only in the first year of study.
6. SC/ST and backward class Students: Students from the SC/ST and Backward class category are eligible for a 50% tuition fee waiver in the first year, subject to the condition that they are selected through a competitive processin terms of prescribed eligibility criteria for selection.
7. Children of employees of SEBI Registered entities: are eligible for 30% of tuition fee waiver in first year of study.
8. Children and Spouse of SEBI and NISM Staff: Children and Spouse of Employees of SEBI/ NISM and support / outsourced staff of NISM are eligible for 40% of tuition fee waiver in the first year. They should secure at least 60% of marks along with 90% attendance in each trimester of the first year in order to continue to be eligible for such tuition fee waiver.

Check: NISM Mumbai Scholarship