IIM Ahmedabad Scholarships for MBA, Registration, Eligibility, Dates, Amount, 2024

IIM Ahmedabad Scholarships for MBA are offered to students who are meritorious or students who don’t have the resources to pursue quality education. These scholarships are offered by the central government, state government, private organizations and in the case of IIM Scholarships, it is also offered by previous alumni. Each scholarship has a different set of eligibility criteria and the scholarship amount ranges from INR 15,000 - INR 2,00,000.

Also CheckMBA Admissions 2024

IIM Ahmedabad Scholarships for MBA: Details

Scholarship IIM Ahmedabad Scholarships for MBA
Eligibility Graduation with 50% aggregate, Student’s family Financial Status,
Amount INR 15,000 - INR 2,00,000
Name of the Scholarships IIMA Special Need-Based Scholarships PGP Alumni Endowment Fund Aditya Birla Group Scholarships

Top IIM Ahmedabad Scholarships for MBA

Scholarship Eligibility Amount Application Dates
IIMA Special Need-Based Scholarships All students, whose gross annual family income is less than INR 15,00,000 (as per the previous financial year of admission) are eligible for this scholarship. IIM-A reviews the student’s economic status through criteria like the number of dependents on family income, immovable and movable family assets, and other required criteria. After this assessment, the amount will be determined. July/ August 2024 (Every year in the same months)
SC/ST Scholarship All SC/ST students admitted to the college for the MBA programs are eligible for this scholarship INR150/month
(For 10 months)
July/ August 2024

Also Check: Top IIMs in India

Steps to Apply for IIM Ahmedabad Scholarships for MBA

To apply for scholarships offered by IIM Ahmedabad for the MBA program, students can follow these steps.

  • All eligible students must visit their respective department's academic office. 
  • Students need to submit the following documents along with the application form 
    • Family Annual Income Proof
    • Educational Loan (if any)
    • Past Earning Reports.
    • SC/ST Certificate (if applying for SC/ST Scholarship)
  • IIM-A evaluates the documents and reviews the financial status of the candidate based on some criteria. A home visit will be conducted by the institute to verify the documents provided.

IIM Ahmedabad Exit Scholarships

Scholarship Eligibility Amount Application Dates
Scholarship for Entrepreneurship
  • Students who graduate from IIM-A and want to become an entrepreneur can apply for this scholarship.
  • The student should opt out of placement and have a business plan.
INR30,000/ month
(For at most 3 consecutive years)
Open throughout the year
Scholarship for jobs in NGOs Students who graduate from IIM-A and opt for jobs at NGOs are eligible for this scholarship. INR 3 Lakhs to 4 Lakhs/ year
(For at most 3 consecutive years)
Open throughout the year
Scholarship for Doctoral Studies Students who graduate from IIM-A and opt to study for a doctoral degree in India or abroad. INR 3 Lakhs to 4 Lakhs/ year
(For at most 3 consecutive years)
Open throughout the year

IIM Ahmedabad Scholarships for MBA offered by the Government of India

Scholarship Eligibility Amount Application Deadline
Minority Welfare Scholarship (Merit-cum-Means) Students coming from minority communities, whose gross family income is not more than 2.50 Lakhs/annum INR 3,000 (Tuition fees)
+ INR 570/ month Maintenance Allowance (For 10 months in the academic year)
To be Announced
SC/ST Scholarship {Central Sector Scheme for Top Class Education(merit-cum-means)} Meritorious SC/ST students whose gross family income is not more than INR 4.5 Lakhs per annum are eligible for this scholarship. INR 2 Lakhs/ annum To be Announced
Scholarship for Students with Disabilities {Central Sector Scheme for Top Class Education(merit-cum-means)} Awarded to PWD/DA students, whose gross family income is not more than INR6,00,000 per annum INR 1.5 Lakhs/ annum (Tuition fees)
+ INR 2,000 - 4,000 (Disability Allowance)
+ INR1600/ month (Maintenance Allowance)
To be Announced

Also Check: MBA Tier 1 Colleges Admissions

Steps to Apply for IIM Ahmedabad Scholarships for MBA offered by the Government of India

  • Visit the official website of the National Scholarship Portal - scholarships.gov.in.
  • On the homepage, select the ‘Central Schemes’ options. A list of ministries offering scholarships will appear.
  • As per the category mentioned, select the Ministry offering the scholarship. 
  • Then, under the ‘Applicant Login’, click on ‘New Registration’ to register to the portal (those already registered can log in directly).
  • For new applications apply for ‘Fresh Application’ and for renewal apply for ‘Renewal Application’.
  • Fill in the details and submit the required documents. Take out the printout of the application to submit at the institute. 

IIM Ahmedabad Scholarships for MBA offered by Alumni 

Scholarship Eligibility Amount Application Deadline
PGP Alumni Endowment Fund This financial assistance is given to those who assent to contribute in the future (within or later than 5-7 years of passing out of the institute). The screening of applicants would be based on their application for a Special Need-Based Scholarship. INR 2,00,000 - 3,00,000 Open throughout the year
Shri GC Mital Entrepreneurship Aid Students who intend to start their venture and opt-out from IIM-A placement.
Additional eligibility criteria:
  • Annual family income should be below INR 8 Lakhs.
  • Students with an education loan amount of a minimum of INR 1 Lakh.
INR 2,00,000/year Open throughout the year
Class of PGP 2001, Peri Viswanath Scholarship
  • First-year performance in MBA and past academic performance would be considered.
  • Students whose family is below INR15 Lakhs.
INR 2,00,000/year Open throughout the year
Smt. J Nagamma Memorial Award A first-year student in the MBA program. Awarded to one student as a merit scholarship based on academic performance INR15,000 Open throughout the year

IIM Ahmedabad Scholarships for MBA offered by Industries/ Corporations 

Scholarships Eligibility Amount Application Date
Aditya Birla Group Scholarships The top 20 students (based on their CAT ranking at the time of admission) are invited to apply. The assessment criteria:
  • At least 60% of the assignment should have a rating of 7 on the 9-point scale during the course.
INR 1,75,000/year Open throughout the year
OP Jindal Engineering and Management Scholarship The first 10 toppers from each year of management are eligible for this scholarship. INR 1,50,000/year Open throughout the year
Dunia Scholarship for scholastic excellence Dunia Finance LLC, UAE grants this scholarship to one each PGP-I and PGP-II student on a merit basis. INR 1,00,000 Open throughout the year
T. Thomas Scholarship Hindustan Unilever Ltd. grants this scholarship to a 2nd year MBA student based on the merit-cum-means criteria. INR 1,00,000/year Open throughout the year

Steps to apply for IIM Ahmedabad Scholarships for MBA offered by Industries/ Corporations

Applications for scholarships offered by the industries mentioned can be submitted on their official websites. 

Application for Aditya Birla Scholarship

  • Download the application form from the website adityabirlascholars.net.
  • Submit the application form to the Dean.
  • Students will be evaluated for scholarships based on the information provided in the application form. Then students need to submit an essay on the given topic.
  • After reviewing the essay, the selected students will be called for an interview (that will be held in Mumbai).

Also Check: CAT Registration

Application for OP Jindal Engineering and Management Scholarship

  • Visit the official website at opjems.com.
  • On the homepage, click on the ‘Apply to the scholarship’ or simply scan the QR (it will redirect to the scholarship page).
  • Fill in the required details, and keep the academic documents ready for application.
  • The result will be declared after reviewing the application within a month.

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IIM Ahmedabad Scholarships for MBA: FAQs

Ques. What are the scholarships available for MBA students at IIM Ahmedabad? 

Ans. IIM Ahmedabad, Indian Government, IIM-A Alumnus, and Industries/Corporations offer various merit-cum-means scholarships for MBA students. 

Ques. What are the scholarships available for SC / ST students at IIM Ahmedabad? How to apply for these scholarships? 

Ans. All SC / ST students are eligible for the SC / ST Scholarship offered by IIMA for which no application is required. Also, students can apply for other scholarships mentioned above. 

Ques. Are there any scholarships available at IIM Ahmedabad at the entry level for MBA? 

Ans. Yes, Aditya Birla Group offers scholarships to the top 20 students of IIM Ahmedabad based on their CAT scores. Students can apply at adityabirlascholars.net. 

Ques. What is the scholarship amount given by IIM Ahmedabad under Special Need-Based Scholarship?

Ans. Under the Need-Based Scholarship offered by IIMA, the scholarship amount is determined based on the student’s financial status based on criteria such as gross family income, number of dependents on the family income, immovable and movable assets, and other criteria.

Ques. Can a student accept more than one scholarship at IIM Ahmedabad in the same academic year?

Ans. Yes, a student at IIM Ahmedabad can accept more than one scholarship in an academic provided no objections from sponsors. Also, the total amount of the scholarship does not exceed the actual yearly expenses payable to IIMA. 

Ques. Is there any 100% scholarship available at IIM Ahmedabad for MBA? 

Ans. Only students who are not financially well-being, and are not able to get an education loan can avail 100% scholarship at IIM Ahmedabad.

Ques. How can I avail Alumni scholarship at IIM Ahmedabad? 

Ans. The selection of the eligible students would be made based on their Special Needs Based Scholarship application. 

IIMA expects the student would contribute in the future (later than 5 to 7 years of passing out) to support such other students. Only those students who consent to contribute to the institute will be given financial assistance. 

Ques. How does IIM Ahmedabad support students who are going for entrepreneurship? 

Ans. To entrepreneurs of the institute, IIMA provides a monthly stipend of INR 30,000 (for only 3 consecutive years). For this support, the student must opt out of placement and submit a business plan. 

Ques. What are the documents required while applying for IIM Ahmedabad Special Need-Based Scholarship? 

Ans. Students need to submit the-

  • Family Annual Income proof (income before tax deduction will be considered)
  • Category Certificate (if any)
  • Past Earning Reports
  • Education loan Receipt 

Ques. Do I need to reapply to renew my scholarship at IIM Ahmedabad which I have been granted? 

Ans. If you are granted a scholarship offered by the government then you need to apply for renewal of the scholarship. No renewal application is required for scholarships offered by IIM Ahmedabad or Alumni. 

Master of Business Administration [MBA] : 738 answered questions

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Ques. Is it worthwhile doing an MBA in UPES Dehradun?

● Top Answer By Akriti Banerjee on 03 Aug 23

Ans. Every B-school has its unique strengths and so does UPES Dehradun which is famous for its domain-specific MBA. If you are willing to pursue an MBA in oil and gas, power management, or energy trading, choosing UPES Dehradun will be the right decision. It offers a plethora of opportunities in these domains and the ROI is also great. There are some industry-specific courses too but their placements are just average. The best part about UPES is the diversity of the crowd. You will get the chance to interact with people from various backgrounds such as law, management, engineering, and design thus enhancing the learning experience manifolds.  Ultimately, I will suggest you go for UPES Dehradun only if you are planning to pursue a domain-specific MBA, else you can go for better B Schools.Read more
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Ques. Should I go to IBS Hyderabad (ICFAI) for an MBA? Why or why not?

● Top Answer By Harshita Sinha on 30 Apr 22

Ans. IBS Hyderabad isn’t a good option for MBA. The placement record of the institute isn’t good. You won’t get a good ROI. The course fee for an MBA at IBS Hyderabad is INR 16.02 lakhs. While the average CTC offered to the students according to IBS Hyderabad placement highlights for 2022 is INR 7.97 LPA.  The student intake is huge. Batch strength for MBA is 1300. So, students don’t get equal opportunities in terms of academics and placements. Read more
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Ques. I joined SBI as a PO in 2015 and currently a scale 2 officer. Is it wise to leave SBI for an MBA from NMIMS Mumbai, SIBM Pune or MDI Gurgaon? Also, I do not want to continue in SBI.

● Top Answer By Rahul Pandey on 17 Aug 20

Ans. Since you do not want to continue with SBI due to whatever reasons, so it would be a better option to follow what you want to and don’t continue in your job. Now, you have three options to choose what you want to do:- You can resign your current job and search for a job in a private bank. This option might not be a feasible one as the entry-level pay at SBI is much more lucrative than other banks. Your experience might not be valued in case you do not have much of it. You can go for an MBA from NMIMS Mumbai, SIBM Pune, or MDI Gurgaon. In this case, your experience will be valued during the placement process and you will be an eligible contender for middle management jobs in private banks and you may also explore new fields like corporate finance or trade finance. The other option is to wait for two more years of experience and pursue a one-year MBA provided you are ready to continue in SBI for two more years. Furthermore, there are other factors as well like GMAT score you get after two years.Read more
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Ques. What is MBA salary in India?

● Top Answer By Disha Sinha on 27 May 22

Ans. MBA salary of a B-Schol graduate in India is proportional to their qualification and experience. It also depends on other factors like Almameter of the candidate, MBA specialization, industry, designation, etc. The MBA average salary for the topmost B-School in the country is as follows. Name of the institute  MBA salary(in INR) IIM Ahmedabad  26.13 LPA IIM Bangalore  33.8 LPA IIM Calcutta 26.24 LPA IIM Lucknow 26 LPA FMS Delhi  32.4 LPA XLRI Jamshedpur 30.73 LPA MDI Gurgaon 26.07 LPA SPJIMR Mumbai 23.6 LPA  IIFT Delhi  25.16 LPA.  MBA salary depends a lot on specialization as well. Among the specialization, Marketing and Finance offers better placements. Read more
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Ques. How good is KJ Somaiya (SIMSR) for doing an MBA in India?

● Top Answer By Aditya Shah on 25 Apr 22

Ans. As a B-School, KJ Somaiya has certain factors which are advantageous, such as location, ROI, alumni base. Since Mumbai is the corporate hub of India, the college easily attracts many companies. SIMSR has a huge alumni base with people working at imminent positions in the corporate world.  However, it doesn’t come under the top B-Schools in India. SIMSR brand doesn’t have much recognition. Although it attracts many companies, the placement average isn’t at the same level as top B-Schools. KJ Somaiya placements 2022 had an average CTC of INR 10.95 LPA. Read more
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Ques. Is NMIMS a good college for an MBA?

● Top Answer By Akriti Gupta on 12 Sept 23

Ans. Yes, NMIMS is considered to be the MBA college in Mumbai city and its MBA program is highly regarded among aspirants. Here are a few pros and cons of the institute that might help you  Pros The college is well-known for its state-of-the-art infrastructure. The classrooms have all modern facilities and the library too is well-stocked. Its location gives it leverage in establishing healthy industrial relations. The parity of the faculty cannot be doubted as they deliver excellent lectures. The academics are much more than just bookish language as students are made to solve Case-based studies. The food served in the canteen is quite good. Students get the chance to participate in lots of competitions and earn well, or get PPI. Cons : NMIMS fees are exorbitantly high. The first-year fee is INR 11.95 Lakhs. You also need to consider the expenses of living in Mumbai. Hostel faculties for only limited students  A few faculties have no interest in teaching.  The placement stats are inflated and thus misleading.  The MBA batch of NMIMS has a huge batch of around 600 students affecting the quality of education. There is a huge gap between the administration and the students.  Easy entrance exam affects the quality of the crowd. So, NMIMS was once a great B School but the increasing batch size has affected its reputation largely. You can go for colleges with a smaller batch size and similar fees to get better job opportunities.Read more
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Ques. I completed my BBA two years back and now I have 2 years of work experience. I did a distant PGDM from NMIMS. If I clear the CAT this year, should I go for a regular MBA?

● Top Answer By Varsha Roy on 27 Jun 21

Ans. Since you already have a work experience of 2 years you should go for an executive program from a reputed institute rather than doing any regular program. You should never hold your career because of continuing with a regular MBA program rather than you should choose an executive program. For the executive program, you can choose a 1-year global MBA degree in collaboration with 3 B schools. They are Cardiff School of Management, UK, IIM-Indore, and Universal Business School, Mumbai. In this program, you will be able to learn from these big institutions, especially IIM’s. You will also be getting good global exposure. The curriculum of the college will be the British curriculum and all these programs will develop your skills and will help you in your career development. The executive program of IBS Hyderabad is also very good. There are several other institutes offering executive MBA programs where you can research and choose the best option.Read more
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Ques. How is the NMIMS distance learning program in MBA?

● Top Answer By Namrata Das on 22 Jul 22

Ans. NMIMS Global MBA program is better than other distance MBA programs available. The course is designed as per the requirements of working professionals. Students get the required support from the university and the centers.  They have student portals and Whatsapp groups to keep students updated regarding course-related information. The year-wise examination is taken in an online mode at students’ convenience.Read more
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Ques. Which is best course in MBA?

● Top Answer By Advait Joshi on 15 May 23

Ans. There are numerous top MBA programs around the world, and the program best suited for you depends on your personal and professional goals, as well as your budget and other factors. Some of the most highly ranked MBA programs include: Harvard Business School MBA program Stanford Graduate School of Business MBA program Wharton School at the University of Pennsylvania MBA program Kellogg School of Management at Northwestern University MBA program University of Chicago Booth School of Business MBA program MIT Sloan School of Management MBA program Columbia Business School MBA program INSEAD MBA program (based in France, Singapore, and Abu Dhabi) London Business School MBA program Yale School of Management MBA program All the above MBA programs are consistently ranked among the top MBA programs in the world by various rankings organizations, such as the Financial Times, Forbes, and Businessweek.Read more
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Ques. How is NMIMS Mumbai for an MBA?

● Top Answer By Ankita Sinha on 31 May 22

Ans. NMIMS Mumbai offers a good MBA program. It has a brilliant faculty base. Most of the faculty members are well-experienced and cooperative. If you are interested, you can research under any professor of your choice. It follows the Harvard case studies. You can learn and participate in the case study competitions.  NMIMS Mumbai placements 2022 had an average CTC of INR 19.40 LPA. While the highest CTC offered by the institute was INR 24.84 LPA. Located in the finance capital of the country, it also offers good exposure to students. Read more
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