IIM Bangalore offers scholarships for its diverse postgraduate courses, which include the Doctor of Philosophy (PhD), the Post Graduate Programme in Management (PGP), the Post Graduate Programme in Management - Business Analytics (PGP-BA), the Executive Post Graduate Programme in Management (EPGP), and the Post Graduate Programme in Enterprise Management (PGPEM).
The Indian Institute of Management Bangalore (IIMB) offers a range of scholarships for students enrolled in its postgraduate programs for the academic year 2024. These scholarships aim to support deserving management aspirants across various long-duration programs offered by the institute.
IIM Bangalore Scholarships 2024 for Postgraduate Programs
IIM Bangalore offers scholarships for its diverse postgraduate courses, which include the Doctor of Philosophy (PhD), the Post Graduate Programme in Management (PGP), the Post Graduate Programme in Management - Business Analytics (PGP-BA), the Executive Post Graduate Programme in Management (EPGP), and the Post Graduate Programme in Enterprise Management (PGPEM).
Here is an overview of the IIM Bangalore scholarships 2024 available:
Ministry of Social Justice and Empowerment - Department of Persons with Disabilities (PwD) Scholarship
This scholarship is designed for individuals with a disability of 40% or more, as certified by a competent medical authority. It is a need-based scholarship providing INR 255,000 annually to support students with disabilities in pursuing their education.
NTPC Scholarship Scheme
The NTPC Scholarship Scheme offers an annual amount of INR 48,000. This scholarship is available to students from SC/ST/PwD categories who are in their second year of management studies, provided they have passed their first-year examinations in a single attempt.
Employment in Social Sector Scholarship
Under this scheme, students who enter the social sector after graduation are eligible to receive reimbursement of one-third of their tuition fees at the end of each year for the first three years of their employment in the social sector.
Ministry of Social Justice and Empowerment Scholarship (SC)
The Ministry of Social Justice and Empowerment provides the National Scholarship for Higher Education to meritorious Scheduled Caste (SC) students in their first year of the PGP program. This need-based scholarship fully covers tuition expenses, ensuring that financial constraints do not hinder academic pursuits.
Ministry of Tribal Affairs Scholarship (ST)
Similarly, the Government of India's Ministry of Tribal Affairs offers the National Scholarship for Higher Education to Scheduled Tribe (ST) students in their first year of the PGP program. This need-based scholarship fully covers tuition expenses for ST students, supporting their journey through higher education.
Supporting Diversity and Inclusion
Q: Â Does IIM Bangalore offer any scholarships for the MBA programme in Risk Management?
Q: Â Are there any scholarships available at IIM Bangalore?
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:
| Scholarship Name | Category | Eligibility/Amount |
|---|---|---|
| Aditya Birla Scholarship | Merit-Based | PGP students of both the first and the second years INR 1.75 lakh |
| OPJEMS Scholarship | Merit-Based | Offered to top 10 Scholars in 2nd Year INR 1.50 lakh |
| Citi Women’s Leader Award | Merit-Based | To Top 25% of the Batch based on 1st Year Performance |
| Siddhartha Padam Award | Director’s Merit | the highest CGPA in Economic, Finance & Accounting INR 50,000 |
| IIMB PGP Alumni First Batch | Differently-Abled | INR 75,000, a Medallion, and a Certificate |
Q: Â 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.
IIM Bangalore's scholarship offerings reflect its commitment to fostering diversity and inclusion within its student body. By providing financial support to students from various backgrounds, the institute aims to enable a more inclusive educational environment and help talented individuals overcome financial barriers.
Applications and Further Information
Students interested in applying for these scholarships should refer to the official IIM Bangalore website for detailed application procedures and eligibility criteria. The institute encourages all eligible candidates to apply and benefit from these opportunities to support their academic and professional goals.
For further information, prospective applicants can contact the IIMB admissions office or visit the [IIM Bangalore scholarship page](https://www.iimb.ac.in) for detailed guidelines and deadlines.
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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.