Indian Institute of Management Bangalore- Scholarships

UGC

EQUIS

AICTE

Indian Institute of Management Bangalore is a premier institution located in Bengaluru. Established in 1973, it is an Institute of National Importance. Renowned for academic strength and flagship MBA programs, IIMB consistently ranks among India's top management schools (NIRF 2nd) and is recognized globally.

Bengaluru, Karnataka

More about IIMB Scholarships

Indian Institute of Management Bangalore is widely recognized as a leading graduate school of management in Asia. Established in 1973, it holds the status of an Institute of National Importance under the IIM Act, 2017. Located in Bengaluru, India's technology capital, IIMB is renowned for its academic excellence and innovative approach to management education. The institute offers a comprehensive portfolio of programs, including flagship MBA programs such as the two-year MBA (PGP), MBA in Business Analytics (PGPBA), one-year Executive MBA (EPGP), and the Post Graduate Programme in Enterprise Management (PGPEM). IIMB also provides a doctoral program (PhD), a BBA in Digital Business and Entrepreneurship, certificate programs, and extensive executive education offerings for working professionals. These programs are delivered by highly qualified faculty members known for their research and industry experience. IIM Bangalore consistently features among the top management institutes in national and international rankings, notably securing the 2nd position in the NIRF Management rankings. The institute holds international accreditation from the European Foundation for Management Development (EQUIS), signifying its adherence to global quality standards. IIMB is also the only Indian business school in the esteemed Global Network for Advanced Management, convened by Yale School of Management, fostering strong international ties and providing students with global exposure through collaborations with numerous partner institutions worldwide, including Bocconi University and ESCP Business School. The IIMB campus spans a lush 100 acres in Bengaluru, offering state-of-the-art infrastructure designed to facilitate holistic learning and development. It features well-equipped classrooms, a resourceful library, numerous hostel blocks providing on-campus accommodation, and various facilities supporting a vibrant campus life. In terms of career outcomes, IIM Bangalore has a strong placement record, attracting top recruiters from diverse sectors. According to the 2022 placement reports, nearly all eligible students were placed, with the average salary package offered standing at Rs 33.82 LPA. IIM Bangalore remains dedicated to fostering excellence in management, innovation, and entrepreneurship, contributing significantly to business, government, and society through its transformative education and impactful research.

Scholarships for programs at IIMB

Browse the complete list of scholarships offered at IIMB for undergraduate, postgraduate, and diploma programs. Find out eligibility, benefits, required documents, and important deadlines.

Scholarship for Executive Post Graduate Programme in Management

Scholarships	Eligibility	Benefit
Merit Scholarship – Admission	Top rank holders in each admission round based on overall admission score. Top 3 ranks in Round 1 and Round 3, and Top 4 ranks in Round 2.	Benefit Type: Tuition fee waiver Amount: ₹6,00,000 Important Note: Disbursed in two phases: ₹3,00,000 as a waiver at the time of registration, and an additional ₹3,00,000 if the student is in the top 25% of the class based on CGPA at the end of Term 2.
Merit-cum-Means Scholarship	Deserving candidates from underrepresented backgrounds including women, under-represented social groups, and students with non-engineering backgrounds.	Benefit Type: Financial award Amount: ₹5,00,000 Important Note: Split into two installments: ₹2,50,000 at registration and ₹2,50,000 post Term 2 based on academic performance.
Merit Scholarship during the Programme	Top five students based on their CGPA after the completion of Core Terms 1 and 2. Applicable only if they have not received any other admission-based scholarship.	Benefit Type: Financial award Amount: ₹3,00,000
Siddhartha Padam Award	All-round academic and leadership excellence, awarded midway through the program.	Benefit Type: Financial component with recognition Important Note: Financial component not specified in amount.

Scholarship for Post Graduate Programme in Business Analytics

Scholarships	Eligibility	Benefit
IIMB Financial Aid	PGP students with annual household income below ₹8,00,000. Other students with severe financial difficulties arising from sudden unforeseen circumstances are also considered.	Benefit Type: Need-based financial assistance Amount: Variable Important Note: Quantum of aid decided by Financial Aid Committee through a two-step process.
Aditya Birla Scholarship	Merit-based, for PGP students of both first and second years. Renewal in second year if student belongs to top 25% of the batch in first year.	Benefit Type: Scholarship Amount: ₹1,75,000 Important Note: Per student.
OPJEMS Scholarship	Merit-based, for second-year PGP students. Top ten toppers of the second year based on first-year academic performance are eligible to apply. One student awarded based on an online test.	Benefit Type: Scholarship Amount: ₹1,50,000
NTPC Scholarship Scheme	Students belonging to SC/ST/PwD categories in their second year of management studies, having passed the first-year examination in one attempt.	Benefit Type: Scholarship Amount: ₹48,000 Important Note: Per year.
Ministry of Social Justice and Empowerment Scholarship (SC)	Meritorious SC students from PGP first year.	Benefit Type: Tuition fee waiver Amount: Full tuition expenses Important Note: Means scholarship.
Ministry of Social Justice and Empowerment Department of Persons with Disabilities (PwD)	Person with disability having not less than 40% disability and a disability certificate from a competent medical authority.	Benefit Type: Means scholarship Amount: ₹2,55,000 Important Note: Per year.

Scholarship for Post Graduate Programme in Management

Scholarships	Eligibility	Benefit
Aditya Birla Scholarship	PGP students of both the first and second years. Eligible for renewal in the second year if belonging to the top 25% of the batch in the first year. [7, 12, 13, 18, 22]	Benefit Type: Amount Amount: ₹175000 Important Note: Per student, per year. [7]
OPJEMS Scholarship	Second-year PGP students. First ten toppers of the second year, based on academic performance in the first year, are eligible to apply. Selection based on an online test conducted by OP Jindal Group. [7, 9, 12, 13, 22]	Benefit Type: Amount Amount: ₹150000 Important Note: Per student. [7]
NTPC Scholarship Scheme	Second-year SC/ST/PwD students who passed their first-year examination in one attempt. [7, 9, 11, 12, 13, 22]	Benefit Type: Amount Amount: ₹48000 Important Note: Per year. [7]
Employment in Social Sector Scholarship	Students who work in the social sector for three years after graduation. [7, 9, 22]	Benefit Type: Tuition fee reimbursement Important Note: Reimbursement of one-third of the fees at the end of each year of work for the first three years in the social sector. [7]
Ministry of Tribal Affairs Scholarship (ST)	First-year PGP students from Scheduled Tribes. [5, 7, 9, 11, 22]	Benefit Type: Tuition fee coverage Important Note: Covers the candidate's tuition fee in full. [7]
Ministry of Social Justice and Empowerment Scholarship (SC)	First-year PGP students from Scheduled Castes. [5, 7, 9, 11, 22]	Benefit Type: Tuition fee coverage Important Note: Covers the candidate's tuition fee in full. [7]
Siddhartha Padam Award	PGP student on the director's merit list with the highest CGPA in Economics, Finance & Accountancy core courses in the first year. [9, 13]	Benefit Type: Amount Amount: ₹50000 Important Note: Also includes a medallion and certificate. [9, 13]
IIMB PGP Alumni First Batch (1976) Scholarship	A differently-abled woman student from PGP (or a differently-abled male student, if there is no eligible female student) who has successfully completed the first year PGP. [7, 12, 13]	Benefit Type: Amount Amount: ₹75000 Important Note: Also includes a medallion and certificate. [7, 13]
Runwal Education Trust Scholarship	Students in the top 40% at the end of the first year and based on their financial aid score. [7, 9, 12, 22]	Benefit Type: Amount Amount: ₹100000 Important Note: Also includes a medallion and certificate. Selection based on a weighted average of CGPA (30%) and financial aid score (70%). [7, 22]
Societe Generale Global Solution Centre India Scholarship	Candidates selected based on their Personal Interview. [9]	Benefit Type: Tuition fee coverage Important Note: Covers the complete tuition fee of PGP programme. [9]
Yes Bank Scholarship	One of the top 20 students as per admission criteria, belonging to the top 20% batch based on CGPA and members of any student committee at IIM B. [9]	Benefit Type: Amount Amount: ₹200000
Hindustan Unilever/T Thomas Scholarship	Second-year PGP students. [9]	Benefit Type: Amount Amount: ₹100000 Important Note: Merit-cum-means scholarship. [9]

Scholarship for Doctor of Philosophy in Management

Scholarships	Eligibility	Benefit
IIM Bangalore Doctoral Programme Fellowship	All students admitted to the Doctoral Programme in Management	Benefit Type: Monthly Stipend, Tuition Fee Waiver, Grants Amount: ₹42,000 Important Note: Stipend of ₹42,000 per month for up to five years. Full tuition fee waiver. Also includes start-up grants and contingency grants. [7, 14, 24, 26]
Start-up Grant	All students admitted to the Doctoral Programme in Management	Benefit Type: One-time financial assistance Amount: ₹75,000 Important Note: Available in Year 1. [7, 14]
Contingency Grant	All students admitted to the Doctoral Programme in Management	Benefit Type: Annual financial assistance Amount: ₹25,000 Important Note: Available per year in Years 2 to 5. Can be used for books, stationery, computers, etc. [7, 14]
Travel Grants	Doctoral students presenting research papers at national/international conferences	Benefit Type: Reimbursement of travel expenses Amount: ₹360,000 Important Note: Maximum funding available towards such travel during the course of study, subject to approval by the travel committee. [7, 26]

Scholarship for Post Graduate Programme In Public Policy & Management

Scholarships	Eligibility	Benefit
IIMB Financial Aid (Need-Based Scholarship)	Post Graduate Programme (PGP) students with annual household income below ₹8,00,000. Other students with severe financial difficulties arising from sudden unforeseen circumstances are also considered.	Benefit Type: Tuition fee reduction Amount: Varies Important Note: A two-step process involving a financial status score based on income, savings, real estate, and other assets, followed by a personal interaction with a faculty panel.
Employment in Social Sector Scholarship	Students who plan to work in the social sector after finishing their studies. Available to students in PGPPM.	Benefit Type: Tuition fee reimbursement Amount: One-third of tuition fees per year Important Note: Reimbursement occurs at the end of each year of employment for the first three years in the social sector.
Ministry of Social Justice and Empowerment Department of Persons with Disabilities (PwD) Scholarship	Persons with a disability of 40% or more, certified by a medical authority.	Benefit Type: Financial Aid Amount: ₹255,000 Important Note: This is a need-based scholarship provided annually.
NTPC Scholarship Scheme	SC, ST, or PwD students in their second year of management studies who passed the first year in one attempt.	Benefit Type: Financial Aid Amount: ₹48,000 Important Note: Provided annually. While PGPPM is 14 months, this scholarship is generally available for management studies.

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