IIM Bangalore - Indian Institute of Management, Bangalore - Scholarship Details

IIM Bangalore is among the top listed Management Institutes in India followed by IIM Ahmedabad, known for its excellent management education. IIM Bangalore Scholarships are available for meritorious students having insufficient finance due to low family income or other genuine reasons. 

There are various forms of financial assistance programmes offered by IIM Bangalore, the Government of India and industries as well. 

IIM Bangalore Scholarships: Basic Eligibility Criteria

The students with an annual household income below INR 8,00,000 are eligible to apply for any of the financial aid programmes mentioned further. In addition, students with severe financial difficulties arising from sudden unforeseen circumstances are also considered to avail financial assistance programmes at IIM Bangalore.

IIM Bangalore Courses and Fees

IIM Bangalore Scholarships 

Apart from Financial Aid provided on the basis of financial need of students, there are several Merit based or Merit-cum-Need based scholarships for PGP students.

• Scholarships offered by IIM Bangalore

IIMB PGP Alumni First Batch (1976) Scholarship

This scholarship is given to a differently-abled woman student from PGP at IIM Bangalore. The scholarship is set with an objective to support a differently-abled female student (or a differently-abled male student, if there is no eligible female student). 
 

The IIMB PGP Alumni First Batch (1976) Scholarship is activated to keep the memory of the PGP batch of 1976 and their association with the institute. The scholarship includes a reimbursement amount of INR 75,000, a medallion and a certificate.

To know more click here IIM Bangalore Admissions 2024
 

NTPC Scholarship Scheme

Students who belong to SC/ST/PwD categories and are in their 2nd year of management studies, having passed the first-year examination in one attempt, are eligible for the scholarship. The scholarship amounts to INR 48,000 per year.
 

Employment in Social Sector Scholarship

This scholarship awards the recipient with one-third of the fees at the end of each year. The award is given for the work contribution made in the social sector for the first three years.

IIM Bangalore Placements 
 

• Scholarships offered by Industries 

Aditya Birla Scholarship

This is a merit-based scholarship whose access is given to PGP 1st and 2nd year students. The students who qualify to be in the Top 25% of the batch in second year are allowed to renew their scholarships in the second year. The IIM Bangalore Scholarship Amount for Aditya Birla Scholarships is INR 1.75 lakh per student.

IIM Bangalore Ranking 
 

OPJEMS Scholarship

OPJEMS is a merit-based scholarship given to PGP students of 2nd year. The students are selected based upon their academic performance in the first year. Top 10 performers of the second year which is based on their previous year performance are eligible to apply. 

The students are filtered on the basis of an online test conducted by OP Jindal Group and 1 student of each academic year is awarded with OPJEMS Scholarship. The scholarship amount is INR 1.50 lakh.
 

Citi Women’s Leader Award

This is a merit scholarship that covers the 2nd year’s tuition expenses of students being awarded with the Citi Women’s Leader Scholarship Award. 

Students are selected on the basis of their 1st year performance and the top 25% of the batch at the end of the first year are awarded with a scholarship amount. 

IIM Bangalore nominates the deserving students who are selected on the basis of their Statement of Purpose and subsequent interviews scheduled by Citi-Group.

To know more click here IIM Bangalore Reviews
 

Societe Generale Global Solution Centre India Scholarship

This is a means scholarship that covers tuition expenses in full. Candidates are selected on the basis of the neediest applicants in the first year and subsequent interviews conducted by Societe Generale.
 

Siddhartha Padam Award

This scholarship is awarded to a PGP student on the Director’s Merit List and scores the highest CGPA in Economics, Finance & Accounting core courses in the 1st year. The reimbursement amount for Siddhartha Padam Award is a cash prize of INR 50,000, a medallion and a certificate.
 

Runwal Education Trust Scholarship

This scholarship is given to a PGP student based on a combination of academic performances in the 1st year and the student’s financial need. The scholarship amount is worth INR 1,00,000, and includes a medallion and a certificate.
 

Hindustan Unilever / T Thomas Scholarship

This is a merit-cum-means scholarship given by a renowned organization named Hindustan Unilever Ltd. (HUL) to 1 PGP student studying in 2nd year. The scholarship amount is worth INR 1 lakh.

For more details click here IIM Bangalore Cutoff 
 

Yes Bank Scholarship

The financial assistance programme by Yes Bank is open to students who are among the top 20 performers as per the admission criteria. Moreover, students who belong to the top 20% of the batch based on the current CGPA and are members of at least one student committee are eligible to apply for these scholarships.
 

This reimbursement amount offered by Yes Bank Scholarships is worth INR 2 lakh.

• Scholarships offered by the Government of India 

National Scholarship for Higher Education of Scheduled Tribe - Ministry of Tribal Affairs Scholarship (ST)

The National Scholarship for Higher Education of Scheduled Tribe is offered to ST students in PGP first year. The scholarship is awarded by the Ministry of Tribal Affairs, Government of India. This is a means scholarship that covers tuition expenses in full.
 

National Scholarship for Higher Education for Scheduled Caste Students- Ministry of Social Justice and Empowerment Scholarship (SC)

This financial assistance programme is conducted under the Ministry of Social Justice and Empowerment, Government of India. The scholarship is awarded to Meritorious SC students studying in 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 disability (having not less than 40% disability) and having a disability certificate issued by any competent medical authority is eligible to apply for these scholarships. This is a means scholarship of INR 2,55,000 per year.

To know more click here IIM Bangalore Faculty