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MICA Scholarship 2024

Ahmedabad, GujaratEstd 1991

#9 For MBA By IIRF 2024

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4.3

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Written By Collegedunia Team

MICA scholarships are offered to the PGDM, PGDM-C, PG Certificate in CCC and FPM students. The scholarship offered to the PGDM, PGDM-C and CCC are limited to 25 - 27 students and are based on their overall academic performance and their family income.

The FPM students are offered a fellowship by MICA Ahmedabad, which waives off the tuition fee and offers a monthly stipend and contingency grant.

Also read about MICA Ahmedabad Admission

Table of Content

MICA Scholarship For PGDM, PGDM-C, PG Certificate in CCC
MICA Scholarship for FPM
MICA Scholarship FAQs

MICA Scholarship For PGDM, PGDM-C, PG Certificate in CCC

MICA Ahmedabad will offer scholarships to the students who are currently pursuing PGDM, PGDM-C, and PG Certificate in CCC. The students will be selected on the basis of their overall academic performance and their family income.
Equity Scholarship is sponsored by Prof. Bikram Bindra to the first-year students of PGDM and PGDM-C, based on merit cum means/means cum merit basis. The student who represents a minority status is eligible to apply under this scheme.
The maximum number of scholarships offered to the PGP-1, PGP-2, and CCC students is 25 - 27. Half will be sponsored by MICA and another half through Equity Scholarship.

MICA Scholarship Details

Programs	PGP 1	PGP 2	CCC
Number of Scholarships	11 - 13 (half will be sponsored by MICA and another half through Equity Scholarship)	12	2
Scholarship Amount offered by MICA	100% Tuition Fee	100% Tuition Fee	Up to 50% of Tuition Fee
Scholarship Amount offered through Equity Scholarship	INR 5 Lakhs	INR 5 Lakhs	-

MICA Scholarship Eligibility Criteria

Particulars	Scholarship Details
Family Income	Not exceeding INR 10 Lakhs per annum.
Students Academic Performance	Minimum CGPA of 3 in first year
Attendance	Minimum 80% across all subjects
Other Achievements	Winning state/national/international level competitions)

Check: MICA Ahmedabad Courses & Fees

MICA Scholarship Selection Process

The candidates will be selected based on the Interview & interaction with the Scholarship Committee, which will include the MICA faculty and staff, and Prof. Bikram Bindra.

MICA Scholarship for FPM

All the students admitted to the FPM program will be offered a fellowship and contingency allowance. The fellowship will provide a monthly stipend of INR 38K to INR 41K per month and a contingency grant to cover all the academic expenses like case material, books, travel, data collection expenses, thesis expenses, etc.

The details fellowship offered to the FPM students are as follows:

Particulars	Fellowship Details
Monthly Stipend	INR 38K (for first 2 years) INR 41K (for 3rd and 4th year)
Contingency Grant	INR 25K (in first year) INR 30K (in 2nd & 3rd year each) INR 15K (in 4th year)

MICA Scholarship FAQs

Ques. Does MICA offer scholarships?

Ans. Yes MICA does offer scholarships to PGDM, PGDM-C, and PG Certificate in CCC students.

Ques. How many students are offered scholarships at MICA?

Ans. A total of 25 -27 scholarships are offered every year by MICA.

Ques. How much scholarship amount is offered by MICA?

Ans. MICA scholarships offer a 100% tuition fee and about 50% of the total students who receive scholarships get this. The remaining 50% of students are offered an INR 5 Lakh scholarship under Equity Scholarship.

Ques. What is the Equity Scholarship offered to MICA students?

Ans. Equity Scholarship is sponsored by Prof. Bikram Bindra to the first-year students of PGDM and PGDM-C, based on merit cum means/means cum merit basis. It offers INR 5 Lakh scholarships to first-year PGDM students.

Why To Join MICA Ahmedabad - Reviews & Rating

4.3

(30 Verified Reviews)

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4(34%)

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Academic

4.2

Faculty

4.3

Infrastructure

4.5

Accommodation

4.4

Social Life

4.5

Placement

4.0

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MICA- The college that never sleeps

4.6Helpful

Likes

Faculty with high experience and expertise in their fields, always ready to help students
Campus life- Fests, events, competitions, festivals

Dislikes

Sometimes the course can feel a bit overwhelming with some high-pressure days

Loan/ Scholarship Provisions:

Fees are comparable with the top B-Schools in the country. The hostel and mess expenses are justified with the services offered. Scholarships are also provided to students with weak financial backgrounds. The college offers great placement opportunities with.a vast network of Alumni and Industry leaders. The average final package of the college stays around 20 LPA.

Dhairya Goel PGDM, General (Enrolled 2022) Reviewed on Feb 7, 2024

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B-School

4.0Helpful

Likes

Campus Life and the student cohort that comes

Loan/ Scholarship Provisions:

The annual fee is 60000. There are opportunities for scholarship. Scholarships are given on the basis of performance as well as diversity. Scholarships are provided in both years of the curriculum. The process involves applying and interviews.

Pujan Kumar Patel PGDM, Communication (Enrolled 2022) Reviewed on Feb 5, 2024

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Mecca of marketing

4.0Helpful

Loan/ Scholarship Provisions:

The fee is 22 lakh for 2 years with it being hiked slightly every year. There is a scholarship for students who do well academically and for those who need economic backing. The average stipend for summer interns range between 80K-1 Lakh INR per month.

Sidhanth R PGDM, Communication (Enrolled 2022) Reviewed on Jan 16, 2024

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MICA: A memorable experience!

4.5Helpful

Loan/ Scholarship Provisions:

When it comes to the expenses for the PGDM programme, students have some reservations. A total of more than 10.5 lakh rupees must be paid every year. As a result, our course price will be between 21 and 22 lakh rupees. However, students can apply for particular scholarship opportunities. The scholarship is awarded on the basis of academic achievement and family income. Depending on your financial situation, you may be eligible for a fee reduction of 25% to 30%.

Rajvi Doshi PGDM, General (Enrolled 2021) Reviewed on Jan 13, 2022

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MICA, Ahmedabad - A Review

4.0Helpful

Loan/ Scholarship Provisions:

The fees which include, the campus boarding and lodging and other costs, are fairly expensive (21 lakhs). But, the campus and infrastructure provided make up for it. Scholarship and financial assistance are available, although hardly anyone applies for it since student loans are so readily available. In the lockdown scenario when college campuses were closed, the college also lowered its fees to the extent of 2.5 lakhs for its students. Therefore, although the fees are little expensive college facilities definitely make up for it.

Divij Jhunjhunwala PGDM, Communication (Enrolled 2020) Reviewed on May 10, 2021

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MICAN Madness

4.4Helpful

Loan/ Scholarship Provisions:

The fees hike policy in recent times I believe is uncalled for where there has been an increase of about 1.5L this year. 20L seems worth it, but beyond seems a bit unnecessary. The job I got from placements was here at Collegedunia.com as a Business Development - Young leaders role. There is also good opportunities for scholarships once you are a student.

Siddharth Balakrishnan Nair PGDM, Communication (Enrolled 2019) Reviewed on Apr 26, 2021

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Sneha Aggrawal's Review On MICA, Ahmedabad

4.7Helpful

Loan/ Scholarship Provisions:

The fee is 21 lakhs. It includes tution as well as hostel fees. In my opinion, it is towards a higher side. Loans upto 20 lakhs can easily be obtained mortgage-free. Scholarships are given to a certain number of students(20-25). The criteria for the same is academic and class attendance as well as annual income less than 10 lakhs.

Sneha Aggrawal PGDM, General (Enrolled 2018) Reviewed on Apr 2, 2021

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Magical MICA

4.3Helpful

Loan/ Scholarship Provisions:

The fees are Rs.21 lakhs and are inclusive of residential fees. Mortgage-free loans can be obtained from a range of banks including Bank of Baroda, Axis Bank etc. Scholarships are offered on basis of academic performance, attendance and annual family income.

Dheeraj Kalra PGDM, General (Enrolled 2019) Reviewed on Mar 21, 2021

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My MICA Experience!

4.1Helpful

Loan/ Scholarship Provisions:

The fees are Rs.21 lakhs. It is quite high and also impacts the ROI of the institute. 20 student are offered scholarships. A committee verifies all the details and then a decision is made regarding offering the scholarship or fee waiver.

Kushagra Pandey PGDM, General (Enrolled 2018) Reviewed on Mar 21, 2021

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My MICA Experience!

4.1Helpful

Loan/ Scholarship Provisions:

The fees are Rs.21 Lakhs. It includes the two years program fee, residential charges and all the facilities available on campus. There are three hostels-only girls, only girls and a co-ed one. Scholarships are offered to 20 students based on their academic performance and the annual income of their families.

Amrendra pratap singh PGDM, General (Enrolled 2018) Reviewed on Mar 21, 2021

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