Indian Institute of Management Bodh Gaya- Scholarships

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Indian Institute of Management Bodh Gaya is a premier autonomous public business school established in 2015. Located in Bodh Gaya, Bihar, the institute offers a range of management programs including its flagship MBA, MBA in Digital Business Management, MBA in Hospital and Healthcare Management, and IPM. Recognized as an Institute of National Importance, IIM Bodh Gaya is noted for its academic rigor, growing campus infrastructure spanning 119 acres, and consistent record of 100% placements.

Gaya, Bihar

More about IIM-BG Scholarships

Indian Institute of Management Bodh Gaya, an autonomous public business school and an Institute of National Importance, was established in 2015 in the historic city of Bodh Gaya, Bihar. Building on the legacy of the IIM brand, the institute quickly established itself as a notable name in management education. IIM Bodh Gaya offers a diverse portfolio of programs including the two-year Master of Business Administration (MBA), specialized MBAs in Digital Business Management and Hospital & Healthcare Management, a five-year Integrated Programme in Management (IPM), and a Ph.D. Program in Management. The curriculum emphasizes academic rigor, practical learning through case studies and industry interactions, and a focus on developing socially responsible leaders. The institute is situated on a sprawling 119-acre permanent campus equipped with modern academic blocks, hostels, and sports facilities, fostering a conducive learning environment. IIM Bodh Gaya is recognized in national rankings, holding the 33rd position in the NIRF 2024 Management rankings. Admissions to its flagship programs are primarily based on national-level entrance exams like CAT for MBA and JIPMAT for IPM, along with other criteria including personal interviews. A key highlight of IIM Bodh Gaya is its strong focus on career outcomes. The institute has consistently achieved a 100% placement rate for its MBA program. In the 2024 placement drive, the highest package offered reached INR 32.5 LPA, with the average package standing at INR 13.9 LPA and the median package at INR 13.5 LPA. Over 120 recruiters participated in the process, extending offers across various sectors. The institute also actively engages in international collaborations with numerous reputed institutions across countries like France, South Korea, Germany, and Canada, providing students with global exposure and diverse perspectives.

Scholarships for programs at IIM-BG

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

Scholarship for MBA

Scholarships	Eligibility	Benefit
Need-Based Financial Assistance (NBFA) Scholarship	Based on family income. For instance, <= ₹1.5 LPA for 100% scholarship, 1.5 LPA – 3 LPA for 75%, 3 LPA – 5 LPA for 50%, and 5 LPA – 8 LPA for 25%.	Benefit Type: Tuition fee reduction Amount: Varies (up to 100% of tuition fee)
Central Sector Scholarship Scheme for Top Class Education for Scheduled Castes Students	Scheduled Caste students pursuing top-class education. Requires valid documentation.	Benefit Type: Full tuition expenses and other benefits. Amount: Full tuition fees and other benefits Important Note: Provided by the Ministry of Social Justice and Empowerment, Government of India.
Central Sector Scholarship Scheme of Top Class Education for Scheduled Tribes Students	Scheduled Tribe students pursuing top-class education. Requires valid documentation.	Benefit Type: Full tuition expenses and other benefits. Amount: Full tuition fees and other benefits Important Note: Provided by the Ministry of Tribal Affairs, Government of India.
Merit-cum-means-based scholarship scheme for students belonging to minority communities	Students from minority communities based on merit and financial need. Requires valid documentation.	Benefit Type: Financial assistance Important Note: Provided by the Ministry of Minority Affairs, Government of India.

Scholarship for MBA in Digital Business Management

Scholarships	Eligibility	Benefit
Central Sector Scholarship Scheme for Scheduled Caste Students	Scheduled Caste Students pursuing top-class education.	Benefit Type: Financial Aid
Central Sector Scholarship Scheme for Scheduled Tribes Students	Scheduled Tribe Students pursuing top-class education.	Benefit Type: Financial Aid
Merit-cum-means-based scholarship scheme for Minority Communities	Students belonging to minority communities.	Benefit Type: Financial Aid
Scholarship Scheme for Top-Class Education for Students with Disabilities	Students with Disabilities pursuing top-class education.	Benefit Type: Financial Aid
Need-Based Financial Assistance (NBFA) Scholarship	Students based on their economic background.	Benefit Type: Financial Aid
National Overseas Scholarship	Students pursuing Master's degrees or Ph.D. programs abroad.	Benefit Type: Financial Aid
National Fellowship for PwDs	Students pursuing M.Phil. and Ph.D. programs in Indian institutions.	Benefit Type: Financial Aid
Scholarships for Girls	Girls across various scholarships.	Benefit Type: Quota/Financial Aid Important Note: A 50% quota is reserved for girls across various scholarships, including Top Class Education, National Overseas Scholarships, and Free Coaching programs.

Scholarship for MBA in Hospital & Healthcare Management

Scholarships	Eligibility	Benefit
Need-based financial assistance by Institute	Deserving students, economically weaker sections	Benefit Type: Tuition fee waiver Important Note: Available for deserving students. [9]
Merit-based financial assistance by Institute	Deserving students	Benefit Type: Financial assistance Important Note: Available for deserving students. [9]
Central Sector Scholarship Scheme for Top Class Education for SC Students	Scheduled Caste Students	Benefit Type: Tuition fee waiver Important Note: Provided by the Ministry of Social Justice and Empowerment. [6]
Central Sector Scholarship Scheme of Top Class Education for ST Students	Scheduled Tribe Students	Benefit Type: Tuition fee waiver Important Note: Provided by the Ministry of Tribal Affairs. [6]
Merit-cum-means-based scholarship scheme for minority communities	Students belonging to minority communities	Benefit Type: Financial assistance Important Note: Provided by the Ministry of Minority Affairs. [6]
Scholarship Scheme for Top-Class Education for Students with Disabilities	Students with Disabilities	Benefit Type: Tuition fee waiver Important Note: Provided by the Government. [6]

Scholarship for Doctor of Philosophy (PhD) in Management

Scholarships	Eligibility	Benefit
IIM Bodh Gaya PhD Scholarship	Full-time residential PhD students	Benefit Type: Comprehensive Financial Assistance Important Note: Covers all academic expenses (tuition, computer, library fees) and hostel fee. Provides a monthly stipend, contingency grant, laptop grant, and conference grant.
Monthly Stipend (Till Comprehensive Exam)	Full-time residential PhD students, until successful completion of Comprehensive Exam	Benefit Type: Monthly Stipend Amount: ₹50,000 Important Note: Provided monthly for full-time PhD scholars.
Monthly Stipend (Post Comprehensive Exam)	Full-time residential PhD students, after successful completion of Comprehensive Exam	Benefit Type: Monthly Stipend Amount: ₹60,000 Important Note: Increases to ₹60,000 per month post-comprehensive exam.
Contingency Grant	Full-time residential PhD students (for four years)	Benefit Type: Annual Grant Amount: ₹25,000 Important Note: Available for purchase of books, stationery, journal subscription, professional annual membership fees (student rates) of one national and one international society, and travel related to thesis work.
Laptop Grant	Full-time residential PhD students	Benefit Type: One-time Grant Amount: ₹50,000 Important Note: One-time grant for laptop purchase.
Conference Grant	Full-time residential PhD students, after completion of Comprehensive Exam	Benefit Type: Grant for Conference Attendance Amount: ₹1,75,000 Important Note: Maximum grant for conferences after completion of Comprehensive Exam (Max within 5 years).
Need-Based Financial Assistance (NBFA) Scholarship	Students from economically weaker sections with family incomes below ₹8 lakhs (general eligibility for IIM Bodh Gaya, may apply to PhD for additional support if needed beyond core PhD scholarship)	Benefit Type: Tuition Fee Waiver (Percentage based on income) Important Note: This is a general scholarship offered by IIM Bodh Gaya. For PhD scholars, the core scholarship already covers tuition fees, so this may apply in specific cases or for other programs. [15]
Top Class Education for Students with Disabilities (SwDs)	Students with disabilities pursuing graduate and postgraduate degree/diploma courses at institutes of excellence (family income below ₹6 LPA)	Benefit Type: Financial Aid Important Note: A government scholarship scheme that may be applicable to PhD students with disabilities.
National Fellowship for PwDs	Students with disabilities pursuing M.Phil. and Ph.D. programs in Indian institutions	Benefit Type: Fellowship Important Note: A government scholarship scheme tailored for PwD students in PhD programs.

Scholarship for Integrated Programme in Management (IPM)

Scholarships	Eligibility	Benefit
Need-Based Financial Assistance (NBFA)	Students with academic excellence and proven financial need (based on family income).	Benefit Type: Tuition fee reduction Amount: Up to 100% of tuition fee Important Note: Assessed through a two-stage evaluation process including application assessment and possible personal interaction with the NBFA Committee. [9, 10, 15]
Government of India Scholarships	Students belonging to Scheduled Castes (SC), Scheduled Tribes (ST), Minority Communities, and Students with Disabilities (SwDs).	Benefit Type: Financial assistance/fee waiver Amount: Varies as per scheme Important Note: Includes Central Sector Scholarship Scheme for Top Class Education for SC/ST students, Merit-cum-means based scholarship for minority communities, and Scheme of Scholarship for Top Class Education for Students with Disabilities. [8, 19, 20]

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