Indian Institutes of Management (IIMs), including Ahmedabad, Bangalore, Calcutta, Kozhikode, Nagpur, and Indore, provide scholarships, often through a combination of merit-based, need-based, and externally sponsored funds. IIM Ahmedabad: Offers special needs-based scholarships and family income-linked tuition fee waivers, whereas IIM Calcutta: Offers merit-based scholarships, financial aid for SC/ST students, and corporate sponsorships like the Aditya Birla Group scholarship and Ratan Tata Trust scholarship.
MBA Scholarship 2025: Top IIMs In India
Getting an MBA at IIMs can be expensive, but scholarships help make it affordable. In 2025, IIMs are offering various need-based and merit-based scholarships for students. The following data represents the various scholarships offered by Best IIMs in India.
IIM Ahmedabad Scholarship
Students admitted to the IIM Ahmedabad post-graduate programs (PGP & PGP-FABM), with gross annual family income less than INR 15,00,000 during the previous financial year, are eligible to apply for this scholarship, subject to proof of family income, amount of educational loan taken, and the candidate’s past earnings, etc. Family income includes the total income of parent(s)/guardian(s) and spouse if married. The income before tax deduction will be considered. IIM-A shall 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, and any other criteria it may deem necessary.
IIM Bangalore Scholarship
Aditya Birla Scholarship is a merit-based scholarship awarded to PGP students in both their first and second years. The students who are granted the scholarship during the first year are eligible to apply for renewal in the second year, provided they belong to the top 25% of the batch in the first year. The scholarship amount is INR 1.75 lakh per student.
IIM Kozhikode Scholarship
IIMK Merit Scholarship is awarded to the students of Post Graduate Programmes (PGP, PGPLSM, and PGPFIN) first and second year students based on their performance during the academic year, as determined by their CGPA. The number of scholarships awarded is in the ratio of one scholarship for every 20 students in the first and second year.
IIM Calcutta Scholarship
Many scholarships sponsored by various companies/corporations like Aditya Birla Group, Ratan Tata Trust, T. Thomas Scholarship sponsored by HUL, OP Jindal Engineering & Management Scholarship are offered to the deserving IIM Calcutta students based on merit and various criteria stipulated by the Sponsors. There are also Government of India Scholarships for SC/ST/MCM students awarded by the concerned Ministries, which are facilitated by the Institute. There are many prizes/awards sponsored by the Institute and various organizations for awarding to meritorious students based on their first and second year results.
IIM Nagpur Scholarship
To encourage meritorious students and students from economically weaker backgrounds to pursue the MBA (2 Years – Full Time) programme at IIM Nagpur, the institute has initiated two types of scholarships: IIM Nagpur Merit Scholarship – for the top ten scorers candidates securing 95 percentile or above in CAT. IIM Nagpur Need-cum-Merit Scholarship – for candidates with family income less than INR 8 lakhs. The institute will be awarding scholarships to 20 students (10 Merit and 10 Need cum Merit Scholarships). The application process will begin during the first year and through an internal process. Candidates selected for the scholarship will receive a complete waiver of the tuition fee for the two-year programme. The scholarship policy will be released at the start of the academic year.
IIM Indore Scholarship
All participants admitted to the Post-Graduate Programme in Management (PGP), PGP HRM (PGPH), and Integrated Programme in Management (IPM) with annual family income below INR 12,00,000 are eligible to apply for financial aid. Eligible applicants who wish to apply for the IIM Indore NBFA may apply in the prescribed form, as available in the PGP/IPM Office. It is important that they apply in the form taken from the respective PGP/IM Office only. All participants who have applied through the EWS quota but have secured a seat through general or any other quota can also apply for NBFA. Any participant who has applied through the SC, ST, OBC, or physically handicapped quota and falls within the above eligibility criteria can also apply for the NBFA.
Top IIMs such as IIM Ahmedabad, IIM Bangalore, IIM Kozhikode, IIM Calcutta, IIM Nagpur, and IIM Indore are providing scholarships, often through a combination of merit-based, need-based, and externally sponsored funds. For IIM Ahmedabad, Candidates need to provide proof of family income, the amount of educational loan taken, and the candidate’s past earnings, etc. For IIM Kozhikode, the scholarships will be provided based on the student’s performance during one academic year, as determined by their CGPA. For IIM Nagpur Merit Scholarship students who are in the top ten scorers, candidates securing 95th percentile or above in CAT.
