Indian Institute of Management Mumbai- Scholarships
aicte
institute of national importance
Indian Institute of Management Mumbai, formerly known as NITIE, is a premier institution located in Mumbai. Established with a rich legacy in 1963 and converted to an IIM in 2023, it is an Institute of National Importance. Ranked 6th in NIRF 2024 for Management, IIM Mumbai is recognized for its academic strength in management, particularly in operations and supply chain, and its strong placement record.

Mumbai, Maharashtra

More about IIM Mumbai Scholarships
Indian Institute of Management Mumbai stands as a leading management institution in India, recently elevated to the prestigious IIM fraternity in August 2023. Carrying forward the distinguished legacy of the National Institute of Industrial Engineering (NITIE), which was established in 1963, IIM Mumbai is now an Institute of National Importance situated in the financial hub of Mumbai. The institute has quickly made its mark, securing the 6th position in the NIRF Management rankings for 2024. The campus, often referred to as "God's Own Campus" due to its lush green surroundings near Vihar Lake, spans 67 acres, providing a conducive environment for learning and growth. IIM Mumbai offers a range of postgraduate and doctoral programs, including the flagship MBA, MBA in Operations and Supply Chain Management, and MBA in Sustainability Management, alongside PhD and Executive programs. Admission to these programs is primarily based on competitive entrance exams such as CAT, GMAT, and GRE. With a dedicated faculty of around 60 academicians and a total enrolled student body of approximately 1200, the institute fosters a vibrant academic ecosystem. IIM Mumbai is well-regarded for its strong industry connections, facilitating valuable interactions and robust placement opportunities. For the 2024 placement season, the institute achieved a 100% placement rate, with the highest salary reaching ₹54 LPA and the average salary standing at ₹31 LPA. The institute also promotes global exposure through student exchange programs and collaborations with renowned international universities, further enriching the student experience.
Scholarships for programs at IIM Mumbai
Browse the complete list of scholarships offered at IIM Mumbai for undergraduate, postgraduate, and diploma programs. Find out eligibility, benefits, required documents, and important deadlines.
Scholarship for Post Graduate Program for Executives for Visionary Leadership for Manufacturing
Scholarships | Eligibility | Benefit |
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No Direct Scholarship for PGPEX-VLM | - |
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Scholarship for General Management Programme for Defence Officers
Scholarships | Eligibility | Benefit |
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Financial Aid for Economically Weaker Students | Financially weak students |
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SC/ST Tuition Fee Exemption | SC/ST candidates with annual family income below ₹4.5 Lakhs |
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Teaching Assistantship for GATE-qualified candidates | GATE-qualified candidates |
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Scholarship for MBA in Operations and Supply Chain Management
Scholarships | Eligibility | Benefit |
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Need-based Scholarship (Type 1) | Family income less than ₹2.50 Lakhs annually. |
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Need-based Scholarship (Type 2) | Family income less than ₹1 Lakh annually. |
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Teaching Assistantship | GATE Qualifiers |
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Central Sector Scholarship Scheme - Top Class Education of SC/ST students | SC/ST students with family income less than ₹8 Lakhs annually. |
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Scholarship for Master of Business Administration
Scholarships | Eligibility | Benefit |
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Need-based Scholarship (Type 1) | Total annual family income below ₹1,00,000 |
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Need-based Scholarship (Type 2) | Total annual family income below ₹2,50,000 |
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Central Sector Scholarship Scheme - Top Class Education of SC/ST Students | SC/ST students with annual parental income not exceeding ₹8,00,000 |
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Teaching Assistantship | GATE Qualifiers |
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Corporate Scholarships | Selected candidates based on exam scores and personal interviews |
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Scholarship for MBA in Sustainability Management
Scholarships | Eligibility | Benefit |
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Tuition Fee Waiver (Need-Based) | Total annual family income below ₹1,00,000 |
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Tuition Fee Waiver (Need-Based) | Total annual family income below ₹2,50,000 |
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Government Scholarships for SC/ST | Scheduled Caste (SC) or Scheduled Tribe (ST) candidates |
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Scholarship for PhD in Management
Scholarships | Eligibility | Benefit |
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IIM Mumbai PhD Fellowship/Financial Assistance | Regular full-time PhD candidates who qualify in CAT, GMAT, GATE, GRE, or UGC-JRF with valid scores. |
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