Indian Institute of Management Bangalore provides financial support to the students by providing several scholarships to the students. As per IIM Bangalore scholarship policy, all the students who have an annual household income of less than Rs 6,00,000 can apply for scholarships and financial aid.
In addition, students who encounter severe financial difficulties because of sudden unforeseen circumstances are also eligible to apply for Indian Institute of Management Bangalore scholarships and financial aid. The approval of financials is a two-step process at IIM Bangalore .
The first step involves giving scores to students based on their - annual gross household income, real estate assets, household savings, and other assets. The students are called for a personal interaction based on the score. The faculty evaluates the financial needs of students and the genuineness of details that student has provided in the application form.
Based on the average of the score given after reviewing the application form and the score given during interaction, the applicants are provided 20 percent, 40 percent, 60 percent, 80 percent, or 100 percent financial aid. IIM Bangalore Scholarships, Eligibility Criteria, Amount and Tenure Scholarship Name Eligibility Criteria Scholarship Amount Tenure of Scholarship Aditya Birla Scholarship Merit Based Rs.
1,75,000 2 Years OPJEMS Scholarship Merit Based first ten toppers of 1st year Rs.
1,50,000 1 Year Citi Women’s Leader Award Top 25% of the batch of first year Second year tuition expenses 1 Year Societe Generale Global Solution Centre India Scholarship Neediest applicants & interviews conducted by Societe Generale covers tuition expenses in full 2 Years Siddhartha Padam Award Director’s Merit List and highest CGPA in the Accounting, Economics & Accounting core courses in the first year Rs.
50,000 11 IIMB PGP Alumni First Batch (1976) Scholarship Differently-abled woman student Rs. 75,000 - Runwal Education Trust Scholarship Combination of academic performance in the first year and financial need of the student. Rs. 1,00,000 1 Hindustan Unilever Merit cum Means Rs. 1,00,000 1 Yes Bank Top 20 students as per admission criteria, who belong to the top 20% of the batch based on the current CGPA.
The students should be members of at least one student committee. Rs. 2,00,000 - NTPC Scholarship Students who belong to SC/ST/PwD categories & passed the first year in first attempt Rs.
48,000 per year 2 Employment in Social Sector Scholarship Should be employed in the social sector Reimbursement of one third of the fees for three years 3 Ministry of Tribal Affairs Scholarship Scheduled Tribe students of PGP first year Tuition expenses in full - Ministry of Social Justice and Empowerment Scholarship Scheduled Caste students from Meritorious SC students Post Graduate Programme first year Tuition expenses in full - Ministry of Social Justice and Empowerment Department of Persons with Disabilities Not less than 40% disability Rs.
2,55,000 2 The tenure and scholarship amount vary for each scholarship. Students who have excellent academic records can also apply for IIM Bangalore scholarships.