MBA Scholarships For Indian Students 2022: Apply Online and Eligibility 

The students who have completed their bachelor’s degree can now apply for a master’s degree in India and if you are planning to get a master’s degree in MBA then you can apply for the different types of scholarships available by the Indian government so that you can complete your MBA degree without any problem. You can check out the details related to the MBA Scholarships For Indian Students 2022 from the article provided below and we will also share with you all the step-by-step procedures through which you will be able to apply online for these scholarships and check the eligibility criteria. 

MBA Scholarships For Indian Students 2022

MBA is one of the most popular master’s degrees available in India because it is in high demand among people who have recently completed their bachelor’s and want to have a good job and reputation in the business world so if you are not able to continue your MBA then you can get the help of the government because the government provides a lot of different types of MBA Scholarships For Indian Students for the MBA students. The students can get the opportunity to do their masters by visiting the official website of the national scholarship portal and filling out the application form available there. You can also check out the application form for the different MBA scholarships available at your university. 

MBA Scholarships For Indian Students

MBA Scholarships for International Students

List of Scholarships 

The following scholarships are available on the official website for all of MBA students:-

  • PNB Housing Finance Protsahan Scholarship
  • Aditya Birla Group Scholarship
  • BML Munjal Scholarship
  • Merit Cum Means Scholarship for Professional and Technical Courses CS (Minorities)
  • IDFC FIRST Bank Scholarship
  • Post Graduate Scholarship for Professional Courses for SC/ST
  • T.Thomas Scholarship
  • OPJEMS Scholarship
  • Yes Bank Scholarship
  • IIM Scholarships
  • NMAT Scholarships

Important Dates 

Scholarships Important Dates 
PNB Housing Finance Protsahan ScholarshipDecember to February
Aditya Birla Group Scholarship
BML Munjal ScholarshipApril to July
Merit Cum Means Scholarship for Professional and Technical Courses CS (Minorities)July to November ( Tentative)
IDFC FIRST Bank ScholarshipJune to August
Post Graduate Scholarship for Professional Courses for SC/STJuly to January
T.Thomas Scholarship
OPJEMS Scholarship
Yes Bank Scholarship
IIM Scholarships
NMAT Scholarships

Reward Details

The following rewards will be available to the candidates applying for this scholarship:-

Scholarships Reward Details 
PNB Housing Finance Protsahan ScholarshipINR 2 lakh
Aditya Birla Group ScholarshipINR 1,75,000 per annum
BML Munjal ScholarshipTuition fee waiver based upon the GMAT score or CAT score
Merit Cum Means Scholarship for Professional and Technical Courses CS (Minorities)Course fee (for Hostellers and Day Scholars): INR 20,000 per annum or actual, whichever is lessMaintenance allowance for Hostellers: INR 1,000 per month for 10 months in an academic year. Maintenance allowance for Day Scholars: INR 500 per month for 10 months in an academic year
IDFC FIRST Bank ScholarshipINR 1 lakh for the whole MBA program
Post Graduate Scholarship for Professional Courses for SC/STINR 4,500 per month for MBA students. The reward will be credited through Direct Benefit Transfer (DBT)
T.Thomas ScholarshipFinancial help to continue their education
OPJEMS ScholarshipAn amount of INR 1,50,000 is awarded per academic year. 
Yes Bank ScholarshipThe selected scholars will pursue a business programme aimed at solving business issues with the help of mentors and the scholarship amount of INR 2,00,000 will be awarded upon the successful completion of the programme. 
IIM ScholarshipsIIMA Special Needs Scholarship- The authorities of IIM-A will determine the financial assistance required for each applicant based on its assessment of the applicant’s economic status evaluated through criteria like movable and immovable family assets, the number of dependents on the family income, etc. Scholarship for SC/ST candidates- Students will be awarded INR 150 every month for 10 months.Citi Women’s Leader Award- A scholarship scheme designed to cover the second year’s tuition expenses. The institute nominates and then the final selection is done by the Citi Group.

IDFC FIRST Bank MBA Scholarship

Selection Procedure 

The applicant will have to go through the following selection procedure in order to be selected for the scholarship:-

Scholarships Selection Procedure 
PNB Housing Finance Protsahan ScholarshipThe applicant will be selected on the basis of their academic qualifications and financial need and then the shortlisting will be done on the basis of telephonic interviews and face-to-face interviews if required.
Aditya Birla Group Scholarship180 students from IIMs and XLRI will be evaluated based on the information filled in in the application form. Overall achievements and extracurricular excellence are used as a screening process for the next round which includes essay writing followed by an interview. The best 16 students will be selected for the scholarship subject to the condition that they produce valid documents when required. 
BML Munjal ScholarshipThe candidates will be selected based on their academic qualifications
Merit Cum Means Scholarship for Professional and Technical Courses CS (Minorities)The applicants will be selected on the basis of their caste and category.
IDFC FIRST Bank ScholarshipThe candidates will be selected on the basis of the eligibility criteria.
Post Graduate Scholarship for Professional Courses for SC/STThe applicant will be selected on the basis of their caste and category
T.Thomas ScholarshipThe applicant will be selected on the basis of their financial needs and requirements.
OPJEMS Scholarship10 leading management institutions participate in this scholarship scheme. A screening process involving the application, written test and interview acts as the deciding factor to select the candidates for the interview. 
Yes Bank ScholarshipThe scholars will be evaluated on their academics, achievements and experiences. An online test is designed to further test the cognitive ability and key competencies of the shortlisted students. The last round requires essay writing and an interview for the final selection.
IIM ScholarshipsThe applicant will be selected on the basis of their eligibility criteria.
NMAT ScholarshipsThe applicant will be selected on the basis of their eligibility criteria.

Eligibility Criteria 

The applicant must follow the following eligibility criteria to apply for the scholarship:-

Scholarships Eligibility Criteria 
PNB Housing Finance Protsahan ScholarshipThe scholarship is open for 1st-year students enrolled in MBA (Marketing & Finance) programmes. Applicants must be pursuing MBA studies at one of the following institutions: BIMTECH, Greater NoidaInstitute of Management Technology (IMT), NagpurIndira Institute of Management, PuneApplicants must have scored a minimum of 65% marks in both Class 12 and Undergraduate (UG) studies. The annual family income of the applicant must be less than or equal to INR 8,00,000 (8 lakh) per annum.
Aditya Birla Group ScholarshipStudents from the following institutes are eligible for MBA scholarships: IIM AhmedabadIIM BangaloreIIM CalcuttaIIM LucknowIIM KozhikodeIIM IndoreIIM ShillongXLRI JamshedpurThe top 20 students (in terms of their entrance exam ranking at the time of admission) are invited to apply through the Dean of the respective institutes.
BML Munjal ScholarshipThe applicant must be admitted to the MBA program at the BML Munjal University
Merit Cum Means Scholarship for Professional and Technical Courses CS (Minorities)Applicants must belong to minority communities (Muslims, Sikhs, Christians, Buddhists, Jain, and Parsis/Zoroastrians).He/she must be pursuing a technical or professional course at the undergraduate or postgraduate level from a recognized institution. Candidate must have secured at least 50% marks or equivalent grade in the previous final examination. Applicant must belong to a family where the annual income is not more than INR 2.50 Lakhs from all the sourcesHe/she must get admission on the basis of the competitive entrance examination or must have scored at least 50% in Class 12 or graduation (in case of direct admission)
IDFC FIRST Bank ScholarshipThis scholarship will benefit the students who are Indian Nationals residing in India only. The gross annual family income from all sources should be less than or equal to INR 6 Lakhs per annum. Applicable for students enrolled in the first year of an MBA degree (or its equivalent). Applicants should be enrolled in any of the MBA colleges mentioned in the list.
Post Graduate Scholarship for Professional Courses for SC/STThe candidate must belong to the SC/ST category The candidate must be in the first year of the professional course at the postgraduate level The candidate must be studying in any of the following Institutions/ Colleges/Universities: Universities/Institutions/Colleges included under section 2(f) & and 12(B) of UGC ActDeemed to be Universities included under Section 3 of the UGC Act, 1956 and are eligible to receive grants-in-aid from UGCUniversities/Institutions/College funded by Central/State GovernmentInstitutes of National Importance
T.Thomas ScholarshipThe applicant will be provided with this scholarship according to their financial needs.
OPJEMS ScholarshipThe first 10 toppers of 1st and 2nd-year students of management institutes are selected based on the following criteria:1st-year students: Entrance exam ranking considered by college at the time of the admission2nd, 3rd, and 4th-year students: Based on the academic performance of the previous year
Yes Bank ScholarshipThe scholarship will be provided on the basis of financial needs.
IIM ScholarshipsIIMA Special Needs Scholarship- All the students admitted to the Postgraduate programme whose gross family income is below INR 15,00,000 are eligible for the scholarship. Scholarship for SC/ST candidates- Students admitted to postgraduate programs belonging to SC/ST category.IIMB Financial Aid-  Students enrolled in PGP are eligible for financial aid provided that their household income is below INR 600,000. Other students with severe financial difficulties arising from sudden unforeseen circumstances are also considered.

MBA Scholarships For Indian Students 2022 Application Procedure 

The applicant must follow the following application procedure in order to successfully apply for the scholarship:-

Scholarships Application Process 
PNB Housing Finance Protsahan ScholarshipThe applicant can apply by visiting the official website of PNB Bank.
Aditya Birla Group ScholarshipThe applicant can apply for this scholarship by visiting the official website of Aditya Birla Group.
BML Munjal ScholarshipThe applicant can apply through the official website of the university.
Merit Cum Means Scholarship for Professional and Technical Courses CS (Minorities)The applicant fills out the application and submitted it to their respective authorities.
IDFC FIRST Bank ScholarshipThe applicant can visit the official website of IDFC bank
Post Graduate Scholarship for Professional Courses for SC/STThe applicant can visit the official website of the national scholarship portal to apply for the scholarship
T.Thomas ScholarshipThe applicant must visit their university in order to apply for this scholarship.
OPJEMS ScholarshipThe applicant must visit the official website of the Jindal Engineering and Management scheme in order to apply for this scholarship.
Yes Bank ScholarshipThe applicant must visit the official website of Yes Bank in order to apply for the scholarship.
IIM ScholarshipsThe applicant must apply for this scholarship through the university
NMAT ScholarshipsThe applicant must apply for this scholarship through the university.

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