All PGP students with annual household incomes below INR 8,00,000 are eligible to apply for financial aid. Other students with severe financial difficulties arising from sudden unforeseen circumstances are also considered.
Check out more on IIM Bangalore - Indian Institute of Management Scholarship in the below video:
IIM Bangalore Scholarship FAQs
Given below are the FAQs about the scholarships offered at IIM Bangalore:
Q: Are there any scholarships available at IIM Bangalore?
![Thumbs Down Icon](https://images.shiksha.ws/pwa/public/images/commonIcons/thumbs-down.webp)
Q: Can I get financial aid at IIM Bangalore?
Yes, IIMB extends financial aid to students in need of assistance. The objective of the Financial Aid Policy at IIMB is to ensure that no student is deprived of education at the institute for financial reasons. All PGP students with annual family incomes below INR 8 LPA are eligible to apply for financial aid. Other students with severe financial difficulties arising from sudden unforeseen circumstances are also considered. The Financial Aid Committee undertakes a two-step process for deciding the number of awardees and the quantum of aid. In the first stage, the students are given a financial status score based on four criteria: Annual Gross Household Income (including income of the student if employed before joining IIMB and outstanding loans if any, provided they were not taken for conspicuous consumption), household savings, real estate assets, and other assets. Based on this score, some of the students were called for personal interaction with a faculty panel. Based on the weighted average of these two scores, applicants are provided with 100%, 80%, 60%, 40%, or 20% financial aid.
![Thumbs Down Icon](https://images.shiksha.ws/pwa/public/images/commonIcons/thumbs-down.webp)
Q: I want to join IIM Bangalore College. What is the fee structure and also how to get a fee reduction at this college?
One of India's top management schools, IIM Bangalore is well-known for its excellent Post Graduate Programme in Management (PGP).
Depending on the type of student, different pricing structures are available for the MBA programme at IIM Bangalore. The cost of the two-year MBA curriculum is INR 23,00,000 for Indian citizens and USD 50,000 for students outside India for the academic year 2021-2023.
However, the IIM Bangalore cost schedule can change from year to year, so it's best to check their official website or get in touch with their admissions office for the most precise and recent information.
Regarding the fee reduction, the IIM Bangalore offers financial aid and scholarships to qualified students based on their academic standing, financial situation, and other factors. The institute also provides a number of scholarships, including the OPJEMS Scholarship and the Aditya Birla Scholarship.
The typical pricing structure at IIM Bangalore consists of a number of items, including tuition, room and board, mess, library, and other supplemental costs. The PGP programme's overall cost may be high. It is crucial to remember that IIM Bangalore offers numerous scholarships and financial aid programmes to meritorious applicants.
![Thumbs Down Icon](https://images.shiksha.ws/pwa/public/images/commonIcons/thumbs-down.webp)
Q: Does IIM Bangalore offer any scholarships for the MBA programme in Risk Management?
Yes, the scholarships for the MBA programme in Risk Management at IIM Bangalore are based on a student's financial need and academic performance. There are several scholarships available, including the Aditya Birla Scholarship, OP Jindal Engineering and Management Scholarships, and more. The selection process for scholarships typically involves an application and an interview.
![Thumbs Down Icon](https://images.shiksha.ws/pwa/public/images/commonIcons/thumbs-down.webp)
News & Updates
- Chat with our counsellor
- Get your personalised list of colleges & exams matching your preferences
Know more about this College
- IIM Bangalore Scholarship Details
- IIM Bangalore Latest News & Notifications 2025
- IIM Bangalore PG, Doctorate, Certificate Courses 2025
- IIM Bangalore Placements 2024: Highest Package, Average Package, Top Recruiters
- IIM Bangalore Cutoff 2024: Check CAT Year Wise Cutoff Percentiles
- IIM Bangalore Answered Questions
- IIM Bangalore Faculty Details & Reviews
- IIM Bangalore Campus Infrastructure, Hostel Details & Facilities
Student Forum
Answered 2 years ago
d
Guide-Level 15
Answered a week ago
Yes, IIM Bangalore is a good college for MBA. IIM Bangalore students are placed in top companies at top positions such as Accenture, EY, and others. MBA students can become Managers, or can go for other job profiles such as Team Leaders, or others. MBA students are taught subjects such as Accounting
L
Contributor-Level 10
Answered a week ago
IIM Bangalore flagship course is MBA, which is available across 10 electives, including Decision Sciences, Economics and Social Sciences, and Entrepreneurship among others. The duration of the courses ranges from 2 years to 5 years. Pursuing this course means that students will have a secured future
N
Contributor-Level 6
Answered a week ago
Yes, IIM Bangalore students get a chance to take part in various sports activities. Games play a very crucial part in the lives of the IIM Bangalore students. There are various competitions arranged by the college such as swimming competitions, badminton tournaments, and others.
V
Contributor-Level 6
Answered a week ago
No, IIM Bangalore is not hard to get for determined students. Follow the Indian Institute of Management–Bangalore (IIM–Bangalore) application process mentioned below:
Step 1: Visit the official website and apply for the entrance exam (CAT).
Step 2: Take part in the selection process.
Step 3: Composite
A
Contributor-Level 6
Students enrolled in the MBA course at IIM Bangalore are eligible to apply for financial aid if their annual household income is less than INR 8 lakh. Consideration is also given to those students who are experiencing extreme financial difficulties as a result of sudden, unforeseen events. Candidates can refer to the table below to know about IIM Bangalore scholarships, along with information on eligibility requirements and award amounts: