Scholarships at Indian Institute of Management Indore – Eligibility, Amounts & Benefits

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Indian Institute of Management Indore is a premier public autonomous institution in Indore, established in 1996. With a 193-acre campus and triple crown accreditation, it offers flagship programs like PGP & IPM. Consistently ranked among India's top B-schools, it is known for academic excellence and placements.

Indore, Madhya Pradesh

Scholarships for programs at IIM-I

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

Scholarship for Executive Doctoral Programme in Management and Governance (EDPMG)

Scholarships	Eligibility	Benefit
Need-Based Financial Assistance (NBFA)	Annual family income below ₹9 lakh for PGP/IPM students (general criterion for institute, specific for EDPMG not found)	Benefit Type: Financial Support Important Note: Aims To Ensure Financial Constraints Do Not Prevent Deserving Students From Pursuing Education. Two-step Process To Determine Recipients And Aid Amount.
Merit-Based Scholarships	Exceptional academic and extracurricular performance (general criterion for institute)	Benefit Type: Tuition Fee Reduction Important Note: Covers A Portion Of Tuition Fees, Awarded Based On Academic Performance.
Government Scholarships	Meets specific criteria set by government organizations (e.g., National Handicapped Finance and Development Corporation Scholarship, Ministry of Tribal Affairs Scholarship)	Benefit Type: Financial Support Important Note: Iim Indore Has Tie-ups With Various Government Organizations For These Scholarships.
Corporate Scholarships	Meets specific criteria set by corporate organizations (e.g., Aditya Birla Scholarship, Tata Social Welfare Trust Scholarship, HUL Scholarship)	Benefit Type: Financial Support Important Note: Iim Indore Has Tie-ups With Several Corporates For These Scholarships.
OPJEMS Scholarship	Students in the top 20% of their batch based on first-year CGPA, must be in their second year. Final selection based on written test and personal interview.	Benefit Type: Financial Support Important Note: Offered By The Op Jindal Group. 1-2 Students Selected As Awardees.

Scholarship for Post Graduate Programme in Human Resource Management (PGP-HRM)

Scholarships	Eligibility	Benefit
Need-Based Financial Assistance (NBFA)	All participants admitted to PGP, PGP-HRM, and IPM with annual family income below ₹12,00,000 are eligible to apply [12, 13].	Benefit Type: Tuition Fee Reduction, Interest Subsidy On Educational Loans Amount: Up To 100% Reimbursement Of Tuition Fees; Up To ₹4,50,000 Per Annum Overall Financial Assistance [17, 22]. Important Note: Nbfa Committee Undertakes A Two-step Process Involving Application Assessment And Personal Interaction To Determine Aid [9, 13].
Central Sector Scholarship for SC/ST Students	Parents' annual income in the previous financial year is less than ₹4,50,000 [12, 23].	Benefit Type: Financial Aid
Minority Welfare Scholarship (Merit-cum-Means)	Awarded by the Ministry of Minority Affairs, Govt. of India, to students whose family income does not exceed ₹2,50,000 per annum [12, 23].	Benefit Type: Financial Aid
Aditya Birla Scholarship	Merit-based, granted to PGP students in both first and second years. Eligible for renewal in the second year if in the top 25% of the batch in the first year [12, 23].	Benefit Type: Financial Aid Amount: ₹1,75,000 Per Student [12, 23]. Important Note: Primarily For Pgp Students, But Pgp-hrm Students May Be Eligible Based On Merit.
NTPC Scholarship Scheme	Students belonging to SC/ST/PwD categories [12].	Benefit Type: Financial Aid Amount: ₹48,000 Per Year [12].
SBI Merit-Based Scholarship	Academically strong students [23].	Benefit Type: Financial Aid Amount: ₹1,50,000 [23]. Important Note: Awarded Yearly, Provided There Is A Qualifying Student.

Scholarship for Executive Post Graduate Programme in Management (EPGP)

Scholarships	Eligibility	Benefit
EPGP Merit Scholarship	Students in the top five ranks on the basis of CGPA at the end of Term 2 (Core Terms 1 and 2 taken together)	Benefit Type: Fee Waiver Amount: ₹750,000
EPGP Admission Scholarship	Students in the top five ranks in each of Rounds 1 and 2 on the basis of the overall admission score	Benefit Type: Fee Waiver Amount: ₹600,000 Important Note: ₹300,000 In The Form Of Waiver Of Fee Payable At The Time Of Registration; ₹300,000 If The Student Is In The Top 25 Per Cent Of The Class On The Basis Of Cgpa At The End Of Term 2 In The Form Of Waiver Of Fee Payable In The Next Instalment.

Scholarship for Five Year Integrated Programme in Management (IPM)

Scholarships	Eligibility	Benefit
Need-Based Financial Assistance (NBFA) Scheme	Annual family income below ₹9,00,000. Students admitted to IPM are eligible to apply.	Benefit Type: Tuition Fee Reduction/financial Aid Amount: Variable (Depends On Financial Need, Up To 75% Tuition Fee Reimbursement For Family Income Less Than ₹1,50,000) Important Note: Financial Assistance Is Provided To Ensure Education Is Accessible Without Financial Strain. Students May Need To Take A Bank Loan, And The Institute Directly Waives The Fee To The Bank.
Merit-Based Scholarships (General)	Highest CGPA among all students in the batch in each of the three undergraduate years (for undergraduate phase). Topper of the MBA program at the end of the First/Second Year (for postgraduate phase).	Benefit Type: Tuition Fee Waiver/stipend Important Note: Recognizes Academic Achievement. Specific Amounts Like ₹1,75,000 Per Year For Top 25 Students (Cgpa) In The Second Year And ₹1,25,000 For Top 20 Students For Opjems Scholarship Based On First-year Cgpa Are Mentioned By Some Sources.
Central Sector Scholarship Scheme for economically disadvantaged students	Economically disadvantaged students.	Benefit Type: Financial Assistance
National Talent Search Examination (NTSE) Scholarship	Academic achievers.	Benefit Type: Financial Assistance
Minority Welfare Scholarship (Merit-cum-Means)	Students from minority communities with family income not exceeding ₹2,50,000 per annum.	Benefit Type: Financial Assistance/tuition Fee Reimbursement Important Note: Awarded By The Ministry Of Minority Affairs, Government Of India.
Post-matric Scholarship for Students with Disabilities	Students with disabilities.	Benefit Type: Financial Assistance Important Note: Offered By The Government Of India.
Scholarships for Top Class Education for students with disabilities	Students with disabilities.	Benefit Type: Financial Assistance Important Note: Offered By The Government Of India.
Top Class Education Scheme for SC Students	SC students.	Benefit Type: Financial Assistance Important Note: Offered By The Government Of India.
SBI Scholar Loan	IIM Indore students (comes under AA category).	Benefit Type: Education Loan Amount: Up To ₹40,00,000 Important Note: Available Without Mortgaging Tangible Assets To The Bank As Collateral Security.

Scholarship for Executive Doctoral Programme in Management (EDPM)

Scholarships	Eligibility	Benefit
Fellowship Grant/Stipend	DPM/EDPM students	Benefit Type: Monthly Stipend Amount: ₹40,000 Per Month (During Coursework), ₹45,000 Per Month (After Clearing Area Comprehensive Examination) Important Note: Maximum Duration For Stipend Is 57 Months (4 Years And 9 Months). Applicable To Dpm Participants And Likely To Edpm As Both Are Doctoral Programs On The Same Financial Support Page.
Research Development Grant	DPM/EDPM students	Benefit Type: Annual Grant For Research Efforts Amount: ₹37,500 Important Note: Provided Per Annum For 4 Years, Subject To Norms Of The Programme. Applicable To Dpm Participants And Likely To Edpm.
National Conference Grant	DPM/EDPM students for presenting papers	Benefit Type: Reimbursement For Conference Expenses Amount: ₹30,000 Per Year Important Note: Subject To A Ceiling Of ₹30,000 Per Year, With A Provision From The Second Year Onwards For Attending 'N' Number Of Conferences But Subject To A Cap Of ₹30,000 Per Year. Total Maximum Amount Is ₹1,20,000.
International Conference Grant	DPM/EDPM students for presenting papers	Benefit Type: Reimbursement For International Conference Expenses Amount: ₹2,00,000 Important Note: Subject To A Ceiling Of ₹2,00,000, With A Provision Of Attending A Maximum Of Two International Conferences Plus International Doctoral Colloquium Or International Professional Development Workshop During The Entire Program Period, But Not Beyond Five Years.

Scholarship for Post Graduate Programme in Management (PGP)

Scholarships	Eligibility	Benefit
Need-Based Financial Assistance (NBFA)	All participants admitted to PGP/PGP-HRM/IPM with annual family income below ₹9,00,000 are eligible to apply for financial aid. [7]	Benefit Type: Fee Waiver/reduction, Mess Subsidy, Student Exchange Program Financial Support Amount: Up To 100% Of Tuition Fees And 80% Subsidy On Mess Charges. [7] Important Note: The Nbfa Committee Assesses Financial Need Through A Two-step Process, Including Evaluation Of Application And Personal Interaction. [2, 7]
Aditya Birla Scholarship	Merit-based, for top PGP students in first and second years. Students granted the scholarship in the first year are eligible for renewal in the second year if they are among the top 25% of the batch. [4]	Benefit Type: Monetary Award Amount: ₹1,75,000
SBI Merit Scholarship	Merit-based, yearly to a deserving student who qualifies. [5]	Benefit Type: Monetary Award Amount: ₹1,50,000
Central Sector Scholarship for SC/ST Students	Students whose parents' annual income in the previous financial year is less than ₹4,50,000. [4, 5]	Benefit Type: Comprehensive Coverage Amount: Covers Tuition Fee, Other Non-refundable Charges, Lodging & Boarding Charges, Books & Stationery Charges, And Cost Of It Equipment For The First Year By Means Of Reimbursement. [4, 5] Important Note: Awarded By The Central Government. [4]
Minority Welfare Scholarship (Merit-cum-Means)	Students whose family income does not exceed ₹2,50,000 per annum. [4, 5]	Benefit Type: Monetary Award Important Note: Awarded By The Ministry Of Minority Affairs, Govt. Of India. [4]

Scholarship for Doctoral Programme in Management (DPM)

Scholarships	Eligibility	Benefit
DPM Fellowship Grant/Stipend (Coursework Phase)	All DPM students during their coursework (Term I, II, III, IV, and V)	Benefit Type: Monthly Stipend Amount: ₹40,000 Important Note: Provided Per Month During Coursework. Maximum Duration Is 57 Months (4 Years And 9 Months) For The Overall Program Stipend.
DPM Fellowship Grant/Stipend (After Comprehensive Exam)	All DPM students after clearing the area comprehensive examination	Benefit Type: Monthly Stipend Amount: ₹45,000 Important Note: Provided Per Month After Clearing The Comprehensive Examination. Maximum Duration Is 57 Months (4 Years And 9 Months) For The Overall Program Stipend.
Research Development Grant	All DPM students	Benefit Type: Annual Grant Amount: ₹37,500 Important Note: Provided Per Annum For 4 Years To Support Research Efforts, Subject To Program Norms.
National Conference Support	DPM students presenting papers in National Conferences (from second year onwards)	Benefit Type: Reimbursement/subsidy Amount: ₹30,000 Important Note: Subject To A Ceiling Of ₹30,000 Per Year. Provision To Attend 'N' Number Of Conferences Per Year, Subject To This Cap.
International Conference Support	DPM students presenting papers in International Conferences	Benefit Type: Reimbursement/subsidy Amount: ₹200,000 Important Note: Subject To A Ceiling Of ₹2 Lakhs. Provision To Attend A Maximum Of Two International Conferences Plus International Doctoral Colloquium Or International Professional Development Workshop During The Entire Program Period, But Not Beyond Five Years.

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