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Indian Institute of Management Lucknow- Scholarships

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Indian Institute of Management Lucknow is a premier autonomous institution established in 1984. Located in Lucknow, it is recognized for academic excellence and management programs including the flagship MBA. With a sprawling 185-acre campus, IIM Lucknow consistently achieves strong placements.

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Lucknow, Uttar Pradesh

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More about IIML Scholarships

Indian Institute of Management Lucknow, established in 1984, ranks among India's leading public business schools and is recognized as an Institution of National Importance. Situated on a serene 185-acre campus in Lucknow, it offers a comprehensive range of postgraduate, executive, and doctoral programs. The flagship Post Graduate Programme in Management is highly acclaimed. IIM Lucknow holds prestigious dual accreditations from AMBA and AACSB, underscoring its commitment to global standards in management education. The institute consistently features among the top management institutes in national and international rankings, including ranking 7th in NIRF 2024 and its IPMX program ranking 85th globally in FT Global 2024. The vibrant campus life provides a conducive environment for holistic development with excellent infrastructure, including a vast library and extensive sports facilities. IIM Lucknow is known for its strong international linkages, facilitating student exchange programs with numerous reputable universities across the globe. The institute boasts a strong placement record, achieving 100% placements for its flagship programs in 2024, with students receiving competitive offers and high salary packages from leading recruiters across various sectors.

Scholarships for programs at IIML

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

Scholarship for Post Graduate Programme in Sustainable Management (PGP-SM)

ScholarshipsEligibilityBenefit
Need-Based ScholarshipAnnual gross family income (self, parents, spouse) less than ₹4,00,000. Eligibility also based on academic performance in the first year.
  • Benefit Type: Tuition fee reduction
  • Important Note: The financial assistance is provided in the form of a tuition fee waiver.
Other Central/State Government ScholarshipsStudents belonging to reserved categories (SC, ST, OBC) and economically weaker sections. Specific criteria vary by scholarship scheme.
  • Benefit Type: Fee reduction and other academic costs

Scholarship for Post Graduate Programme in Management (PGP)

ScholarshipsEligibilityBenefit
Need-Based IIML ScholarshipAnnual gross family income under ₹1,50,000. Awarded to 15% of students based on family income and merit. Eligibility and disbursement criteria announced post-admissions.
  • Benefit Type: Tuition fee waiver
  • Amount: Varies
  • Important Note: The scholarship is for a period of one year (no auto-renewal is applicable). Disbursement is done term-wise and is subject to maintaining stipulated academic performance standards.
Industry-Sponsored ScholarshipsAcademic merit, specific criteria by sponsoring companies (e.g., Aditya Birla, Ratan Tata, Hindustan Lever Ltd.)
  • Benefit Type: Financial assistance
  • Amount: ₹6,000 - ₹1,00,000 annually
  • Important Note: Awarded at the end of each academic year based on merit.
Merit-cum-Means Scholarship SchemeGovernment of India criteria
  • Benefit Type: Financial assistance
  • Amount: ₹2,200 annually (specific instance)

Scholarship for MBA in Entrepreneurship and Innovation

ScholarshipsEligibilityBenefit
Need-Based IIML ScholarshipStudents based on merit and annual gross family income less than INR 400,000 to INR 150,000 from all sources. Eligibility is decided based on performance in the first year of the PGP program.
  • Benefit Type: Tuition fee waiver
  • Amount: Varies (up to 100% tuition waiver for eligible students)
  • Important Note: Awarded to approximately 15% of students. Disbursed term-wise and subject to maintaining academic performance.
Industry Sponsored ScholarshipsAwarded at the end of each academic year based on academic merit. Examples include Aditya Birla, Ratan Tata, and Hindustan Lever Ltd.
  • Benefit Type: Financial assistance
  • Amount: Ranges from ₹6,000 to ₹100,000 annually
Bharti Enterprises ScholarshipStudents with a family income below INR 108,000.
  • Benefit Type: Financial assistance
  • Amount: ₹50,000

Scholarship for Fellow Programme in Management (FPM)

ScholarshipsEligibilityBenefit
Fellowship AllowanceAll resident Indian scholars admitted to the Fellow Programme in Management (FPM).
  • Benefit Type: Monthly stipend
  • Amount: Varies
  • Important Note: INR 35,000 per month during Year 1 and 2, continuing until successful clearance of Comprehensive Exam at the end of the second year. INR 40,000 per month from Year 3 onwards after successful completion of comprehensive examination in Year 3.
Contingency GrantAll resident Indian scholars admitted to the Fellow Programme in Management (FPM).
  • Benefit Type: Annual grant for expenses
  • Amount: Varies
  • Important Note: INR 10,000 per annum in Year 1 and 2. INR 15,000 per annum during Year 3 and 4. Available for purchase of books, stationery, computer hardware/software etc.
One-time Computer Purchase GrantAll resident Indian scholars admitted to the Fellow Programme in Management (FPM), to be availed before the end of coursework.
  • Benefit Type: One-time grant
  • Amount: ₹ 50,000
Conference SupportAll resident Indian scholars admitted to the Fellow Programme in Management (FPM).
  • Benefit Type: Travel and registration grant
  • Amount: ₹ 1,40,000 - ₹ 1,54,000
  • Important Note: Total combined travel grant/conference registration grant for attending one international conference (after thesis proposal), a maximum of one domestic conference each in Year 3 and 4, and an additional travel grant of INR 10,000 in Year 3 or 4 for specific doctoral consortia. Subject to CGPA.
Family Health Insurance ReimbursementMarried DPM scholars whose families are residing on campus.
  • Benefit Type: Reimbursement of premium
  • Amount: Premium for ₹ 1,00,000 cover
  • Important Note: Combined health insurance cover of ₹ 1,00,000 for the scholar, spouse, and two children.
Research Expense ReimbursementAll resident Indian scholars admitted to the Fellow Programme in Management (FPM) in Year 3 and 4.
  • Benefit Type: Reimbursement for travel/boarding/lodging and local conveyance
  • Amount: Up to ₹ 50,000
  • Important Note: Applicable for case-writing and field-based research during Year 3 and 4.

Scholarship for Post Graduate Programme in Agribusiness Management (PGP-ABM)

ScholarshipsEligibilityBenefit
Need Based IIML ScholarshipsStudent's total annual gross family income (self, parents, spouse) does not exceed ₹4,00,000.
  • Benefit Type: Financial Aid
  • Important Note: The eligibility criteria and disbursal criteria are announced post admissions. The scholarship is for a period of one year (no auto-renewal is applicable). Disbursal is done term-wise, subject to completion of academic requirements. No student can avail more than one scholarship.
Government of India Merit-cum-Means ScholarshipStudents meeting merit and means criteria.
  • Benefit Type: Financial Aid
  • Important Note: Modalities for merit scholarships based on academic performance in the First Year of the Programme are being worked out.
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