MBA scholarship for Indian students is provided to people who are looking forward to completing their education to help their families financially. People who have completed their bachelor’s degree can easily apply for this scholarship program created by the organization. The scholarship financial assistance will be directly transferred to the bank account of the beneficiaries which can be used for various purposes. Financial assistance will be provided to the students to continue there education in India. Check out more information about MBA Scholarships for Indian students 2024 from the article given below.
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Overview Of MBA Scholarships For Indian Students 2024
The organization will now be providing MBA Scholarships For Indian Students to the people who have completed their bachelor’s degrees. The financial assistance will be directly transferred to the bank account of the beneficiaries through dbt mode. All the eligible institutes will upload the student details on the official website before the last date. Students can fill out the application form for the scholarship now with the help of school authorities. A lot of information is needed to fill out the application form for this scholarship. The students cancel the application form that must be uploaded on the official portal based on their eligibility criteria.
Also Read: 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 Scholarship | December to February |
| Aditya Birla Group Scholarship | – |
| BML Munjal Scholarship | April to July |
| Merit Cum Means Scholarship for Professional and Technical Courses CS (Minorities) | July to November ( Tentative) |
| IDFC FIRST Bank Scholarship | June to August |
| Post Graduate Scholarship for Professional Courses for SC/ST | July 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 Scholarship | INR 2 lakh |
| Aditya Birla Group Scholarship | INR 1,75,000 per annum |
| BML Munjal Scholarship | Tuition 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 Scholarship | INR 1 lakh for the whole MBA program |
| Post Graduate Scholarship for Professional Courses for SC/ST | INR 4,500 per month for MBA students. The reward will be credited through Direct Benefit Transfer (DBT) |
| T.Thomas Scholarship | Financial help to continue their education |
| OPJEMS Scholarship | An amount of INR 1,50,000 is awarded per academic year. |
| Yes Bank Scholarship | The 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 Scholarships | IIMA 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. |
Also Check: ICCR A2A 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 Scholarship | The 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 Scholarship | 180 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 Scholarship | The 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 Scholarship | The candidates will be selected on the basis of the eligibility criteria. |
| Post Graduate Scholarship for Professional Courses for SC/ST | The applicant will be selected on the basis of their caste and category |
| T.Thomas Scholarship | The applicant will be selected on the basis of their financial needs and requirements. |
| OPJEMS Scholarship | 10 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 Scholarship | The 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 Scholarships | The applicant will be selected on the basis of their eligibility criteria. |
| NMAT Scholarships | The 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 Scholarship | The 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 Scholarship | Students 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 Scholarship | The 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 Scholarship | This 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/ST | The 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 Scholarship | The applicant will be provided with this scholarship according to their financial needs. |
| OPJEMS Scholarship | The 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 Scholarship | The scholarship will be provided on the basis of financial needs. |
| IIM Scholarships | IIMA 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. |
Also Check: IDFC FIRST Bank MBA Scholarship
MBA Scholarships For Indian Students 2024 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 Scholarship | The applicant can apply by visiting the official website of PNB Bank. |
| Aditya Birla Group Scholarship | The applicant can apply for this scholarship by visiting the official website of Aditya Birla Group. |
| BML Munjal Scholarship | The 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 Scholarship | The applicant can visit the official website of IDFC bank |
| Post Graduate Scholarship for Professional Courses for SC/ST | The applicant can visit the official website of the national scholarship portal to apply for the scholarship |
| T.Thomas Scholarship | The applicant must visit their university in order to apply for this scholarship. |
| OPJEMS Scholarship | The applicant must visit the official website of the Jindal Engineering and Management scheme in order to apply for this scholarship. |
| Yes Bank Scholarship | The applicant must visit the official website of Yes Bank in order to apply for the scholarship. |
| IIM Scholarships | The applicant must apply for this scholarship through the university |
| NMAT Scholarships | The applicant must apply for this scholarship through the university. |