{"id":795364,"date":"2024-03-18T19:03:52","date_gmt":"2024-03-18T13:33:52","guid":{"rendered":"https:\/\/leverageedu.com\/discover\/?p=795364"},"modified":"2024-03-18T19:03:52","modified_gmt":"2024-03-18T13:33:52","slug":"iim-bangalore-scholarships","status":"publish","type":"post","link":"https:\/\/leverageedu.com\/discover\/indian-scholarships\/iim-bangalore-scholarships\/","title":{"rendered":"IIM Bangalore Scholarships: List of Scholarships to Study in India"},"content":{"rendered":"\n

IIM Bangalore<\/strong><\/a> is a part of the Indian Institutes of Management (IIMs), a group of 21 centrally-funded B-schools in India. It offers a variety of management courses at postgraduate, doctoral, executive, and certification levels to eligible students. While it\u2019s considered prestigious, IIM-B is also very expensive. However, the institute also provides scholarships and financial aid to students in need. So if you are seeking financial assistance to study in one of India\u2019s most renowned institutes, this blog will act as your guide. We will learn all about the scholarships offered by this renowned institute, including their eligibility criteria and rewards. Read on to find out!<\/p>\n\n\n\n

Established <\/strong><\/td>1973<\/td><\/tr>
Location<\/strong><\/td>Bangalore, Karnataka, India<\/td><\/tr>
Type<\/strong><\/td>Public business school<\/td><\/tr>
Programs offered<\/strong><\/td>PGP, EPGP, PGP-PMP, PGP-FABM, PhD<\/td><\/tr>
Number of Scholarships offered<\/strong><\/td>200-250<\/td><\/tr>
Number of students<\/strong><\/td>1,300+<\/td><\/tr>
Average CAT score for PGP admissions<\/strong><\/td>99.5+<\/td><\/tr>
Average salary for PGP graduates<\/strong><\/td>\u20b925+ lakhs<\/strong> per annum<\/td><\/tr>
Top recruiters<\/strong><\/td>McKinsey & Company, Bain & Company, Boston Consulting Group, Amazon, Microsoft, Google<\/td><\/tr>
Global rankings<\/strong><\/td>#47 <\/strong>in India (by FT Global MBA Rankings 2024)
#48<\/strong> in the world (by QS Global MBA Rankings 2024)<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n\n\n\n

List of IIM Bangalore Scholarships for Students<\/h2>\n\n\n\n

The IIM Bangalore scholarships are mostly merit-based or merit-cum-need based scholarships<\/strong><\/a>. So the applicants need to fulfil the eligibility criteria of the scheme they want to avail of. Here\u2019s a list of some popular schemes provided by IIM-B, along with their eligibility criteria and rewards:<\/p>\n\n\n\n

Scholarship Name<\/strong><\/td>Eligibility<\/strong><\/td>Amount\/Benefit<\/strong><\/td><\/tr>
Aditya Birla Scholarship<\/td>Students in top 25 percentile<\/strong> in their class in the first year<\/td>INR 1.75 lakh per student<\/td><\/tr>
OPJEMS Scholarship<\/td>First 10 toppers<\/strong> from PGP second-year (along with their first-year performance)<\/td>INR 1.50 lakh<\/td><\/tr>
Citi Women\u2019s Leader Award<\/td>Students in top 25 percentile in the first year

On the basis of the student\u2019s SOP and performance in the interview conducted by Citi Group<\/td>		Covers second-year tuition fee<\/strong><\/td><\/tr>
Societe Generale Global Solution Centre India Scholarship<\/td>Covers the full tuition fee<\/strong><\/td>Covers full tuition fees<\/strong><\/td><\/tr>
Siddhartha Padam Award<\/td>First-year PGP students on Director\u2019s Merit List scoring highest CGPA in Economics, Finance & Accounting core courses <\/td>INR 50,000<\/strong> cash prize with a medallion<\/strong> and a certificate<\/strong><\/td><\/tr>
IIMB PGP Alumni First Batch (1976) Scholarship<\/td>Differently-abled female (or male, in the absence of female students) PGP students<\/td>INR 75,000 <\/strong>cash prize with a medallion and a certificate<\/td><\/tr>
Runwal Education Trust Scholarship<\/td>PGP students, based on their academic performance<\/strong> and financial need<\/strong><\/td>INR 1,00,000<\/strong> cash prize with a medallion<\/strong> and a certificate<\/strong><\/td><\/tr>
Hindustan Unilever \/ T Thomas Scholarship<\/td>Only 1<\/strong> second year PGP student <\/td>INR 1 Lakh<\/strong><\/td><\/tr>
Yes Bank Scholarship<\/td>Students in the top 20 percentile<\/strong> (based on their recent GPA) and enrolled in at least 1<\/strong> student committee<\/td>INR 2 lakh<\/strong><\/td><\/tr>
NTPC Scholarship Scheme<\/td>Second-year students belonging to SC\/ST\/PwD categories without any backlogs in first year<\/td>INR 48,000 per year<\/strong><\/td><\/tr>
Employment in Social Sector Scholarship<\/td>–<\/td>One-third of the recipient\u2019s fees reimbursed at each work year\u2019s end for the first 3 years in the social sector<\/td><\/tr>
Ministry of Tribal Affairs Scholarship (ST)<\/td>First-year PGP students belonging to ST category<\/td>Covers the full tuition fee<\/strong><\/td><\/tr>
Ministry of Social Justice and Empowerment Scholarship (SC)<\/td>First-year meritorious PGP students belonging to SC category<\/td>Covers full tuition fee<\/strong><\/td><\/tr>
Ministry of Social Justice and Empowerment Department of Persons with Disabilities (PwD)<\/td>Disabled students having at least 40%<\/strong> of the disability and a disability certificate<\/strong> issued by a genuine medical authority<\/td>INR 255,000 per year<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Also Read:\u00a0BYJU\u2019S National Aptitude Test (BNAT) Scholarship 2024: Amount, Details, Eligibility<\/a><\/strong><\/p>\n\n\n\n

IIM Bangalore Financial Aid<\/h2>\n\n\n\n

In addition to IIM Bangalore scholarships, the institute also provides financial aid to students in need. The Financial Aid Policy of IIM-B encourages students to not give up on their higher education due to financial constraints. Let\u2019s take a look at how it works:<\/p>\n\n\n\n

Eligibility Criteria:<\/strong> To be eligible for financial aid at IIM-B, students need to fulfil the following criteria:<\/p>\n\n\n\n

    \n
  1. The applicant must be enrolled in PGP and have a family income of less than INR 8,00,000<\/strong>.<\/li>\n\n\n\n
  2. Applicants having severe financial issues due to unforeseen circumstances are also considered.<\/li>\n<\/ol>\n\n\n\n

    Selection Process: <\/strong>The Financial Aid Committee of IIM-B conducts the selection of students in 2 phases:<\/p>\n\n\n\n

      \n
    1. The first phase involves giving a financial status score to students based on 4 factors: annual gross household income, household savings, real estate, and miscellaneous assets.<\/li>\n\n\n\n
    2. The second phase involves personal interaction with the faculty panel based on the student\u2019s financial score. The panel analyses and determines the student\u2019s financial need based on the documents provided and assigns them a final score.<\/li>\n\n\n\n
    3. The applicants are offered 100%, 80%, 60%, 40%, or 20%<\/strong> financial aid based on the weighted average of the initial and final scores.<\/li>\n<\/ol>\n\n\n\n

      Also Read: <\/strong>National Means cum- Merit Scholarship<\/strong><\/a><\/p>\n\n\n\n

      How To Apply for IIM Bangalore Scholarships?<\/h2>\n\n\n\n

      To apply for IIM Bangalore scholarships, you need to follow the steps given below:<\/p>\n\n\n\n

        \n
      1. Visit the IIM Bangalore website and go to the “Financial Aid and Scholarships<\/strong>” page.<\/li>\n\n\n\n
      2. Click on the “Apply for Scholarships<\/strong>” link.<\/li>\n\n\n\n
      3. Create an account and log in.<\/li>\n\n\n\n
      4. Fill out the online application form.<\/li>\n\n\n\n
      5. Attach any required documents.<\/li>\n\n\n\n
      6. Submit the application form before the deadline.<\/li>\n<\/ol>\n\n\n\n

        Documents Required<\/h3>\n\n\n\n