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Indian Institute of Management Sambalpur- Scholarships

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Indian Institute of Management Sambalpur stands as a premier autonomous public business school in Sambalpur, Odisha. Established in 2015, it is an Institute of National Importance known for its strong academic programs like the flagship MBA. The institute offers quality management education and achieved 100% placements for its 2024 MBA batch.

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Sambalpur, Odisha

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More about IIM-S Scholarships

Indian Institute of Management Sambalpur is widely recognized for its dynamic approach to management education. Established in 2015 as an autonomous public business school and an Institute of National Importance, IIM Sambalpur is located in Sambalpur, Odisha, on a sprawling 237-acre permanent campus at Basantpur. The institute offers a diverse portfolio of programs including the flagship Master of Business Administration, Executive MBA, and doctoral programs, alongside new undergraduate degrees in Management and Public Policy and Data Science and Artificial Intelligence. Admission to its popular programs is primarily through competitive national entrance exams like CAT. IIM Sambalpur has established international collaborations with institutions such as ALBA in Greece, Rennes School of Business and IDRAC Business School in France, Copenhagen Business School, and the Asian Institute of Technology in Bangkok, fostering global exposure and dual degree opportunities. The campus provides a conducive learning environment with modern infrastructure and hostel facilities. Career outcomes for graduates are promising; the 2024 MBA batch achieved 100% placements. The highest domestic package offered was INR 23.5 LPA, with the average package standing at INR 14.21 LPA and the median at INR 13.15 LPA. Prominent recruiters from various sectors participated in the placement drive, offering diverse roles. IIM Sambalpur is consistently ranked among the top management institutions in India, holding the 50th position in the NIRF 2024 Management rankings, reflecting its growing reputation and commitment to academic excellence and student success.

Scholarships for programs at IIM-S

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

Scholarship for PhD

ScholarshipsEligibilityBenefit
Comprehensive Fellowship for PhD ScholarsAdmitted full-time PhD scholars
  • Benefit Type: Full fee waiver and monthly stipend
  • Amount: ₹35,000 per month (Years 1 & 2), ₹40,000 per month (Years 3 & 4)
  • Important Note: Covers tuition, computer, library, medical insurance, placement, and alumni fees. [9, 19, 20]
PRERANA - Post-Matric Scholarship for SCSC candidates with annual family income less than ₹2.50 Lakh
  • Benefit Type: Financial Assistance
  • Important Note: Specific to SC candidates meeting income criteria. [24]
Prof. Ghanshyam Dash Scholarship for Higher EducationCandidates with annual family income less than ₹2 Lakh
  • Benefit Type: Financial Assistance
  • Important Note: Specific to candidates meeting income criteria. [3, 24]
Scholarship to Meritorious Students under the Central Sector SchemeMeritorious students with annual family income not more than ₹6 Lakh
  • Benefit Type: Financial Assistance
Vyasakabi Fakir Mohan Senapati ScholarshipResidents of Odisha State who scored at least 80% at graduation
  • Benefit Type: Financial Assistance
  • Important Note: Specific to residents of Odisha. [3, 24]

Scholarship for MBA in Fintech Management

ScholarshipsEligibilityBenefit
Need-Based Financial Assistance (NBFA)Family income up to ₹4.50 Lakh
  • Benefit Type: Tuition fee reduction
  • Amount: Varies by income slab
Top Class Education Scheme for Students with Disabilities (SwDs)Students with not less than 40% disability and annual family income less than ₹6 Lakh
  • Benefit Type: Comprehensive financial support
  • Amount: Up to ₹2,00,000 p.a. for Tuition Fee and Non-Refundable Charges, ₹30,000 for Computer with Accessories, ₹30,000 for Aids and Assistive Devices, ₹3,000/month (Hostellers) or ₹1,500/month (Day Scholars) for Maintenance Allowance, ₹5,000 p.a. for Books & Stationery
  • Important Note: Students need to produce a disability certificate. [12, 29]

Scholarship for Master of Business Administration

ScholarshipsEligibilityBenefit
Need-Based Financial Assistance (NBFA)Based on family income range.
  • Benefit Type: Tuition fee reduction
  • Important Note: Family income up to ₹1.50 Lakh: 100% of tuition fee waived. Family income between ₹1.50 Lakh - ₹3 Lakh: 75% of tuition fee waived. Family income between ₹3 Lakh - ₹4.5 Lakh: 50% of tuition fee waived.
Top Class Education Scheme for Students with Disabilities (SwDs)Students with more than 40% disability and annual family income less than ₹6 lakh, pursuing UG/PG/Diploma in notified institutions of excellence.
  • Benefit Type: Financial support
  • Important Note: Tuition Fee and Non-Refundable Charges: Up to ₹2,00,000 p.a. Purchase of Computer with Accessories: ₹30,000. Purchase of Aids and Assistive Devices: ₹30,000. Maintenance Allowance for Hostellers: ₹3,000 p.m. Maintenance Allowance for Day Scholars: ₹1,500 p.m. Books & Stationery: ₹5,000 p.a.

Scholarship for Master in Business Administration Business Analytics

ScholarshipsEligibilityBenefit
Need-Based Financial Assistance (NBFA)Based on family income range.
  • Benefit Type: Tuition fee waiver
  • Amount: Varies
  • Important Note: Family income up to ₹1.50 Lakh: 100% of tuition fee waived.,Family income between ₹1.50 Lakh - ₹3 Lakh: 75% of tuition fee waived.,Family income between ₹3 Lakh to ₹4.5 Lakh: 50% of tuition fee waived.
Top Class Education Scheme for Students with Disabilities (SwDs)Students with more than 40% disability and a valid certificate. Annual family income of less than ₹6 Lakh from all sources.
  • Benefit Type: Financial support for fees and other expenses
  • Amount: Varies
  • Important Note: Tuition Fee and Non-Refundable Charges: Up to ₹2 Lakhs p.a.,Purchase of Computer with Accessories: ₹30,000 (one-time).,Purchase of Aids and Assistive Devices: ₹30,000 (one-time).,Maintenance Allowance for Hostellers: ₹3,000 p.m.,Maintenance Allowance for Day Scholars: ₹1,500 p.m.,Books & Stationery: ₹5,000 p.a.

Scholarship for Bachelor of Science in Data Science & Artificial Intelligence

ScholarshipsEligibilityBenefit
General Scholarships (Merit/Need-based)Based on merit and/or economic background (income criteria).
  • Benefit Type: Fee waiver/financial assistance
  • Important Note: Details regarding specific amounts or percentages of these general scholarships for the B.S. program were not found. Some sources contradict regarding MBA scholarships, but general availability for UG programs is indicated.
PRERANA - Post-Matric Scholarship for SCScheduled Caste (SC) candidates with annual income less than ₹2.50 Lakh.
  • Benefit Type: Financial assistance
  • Important Note: This is a government scholarship. Specific benefit amount not found.

Scholarship for Bachelor of Science in Management and Public Policy

ScholarshipsEligibilityBenefit
Need-Based Financial Assistance (NBFA)Based on family income. Family income up to ₹1.50 Lakh; between ₹1.50 Lakh - ₹3 Lakh; between ₹3 Lakh - ₹4.5 Lakh.
  • Benefit Type: Tuition fee reduction
  • Amount: Varies by income slab (100%, 75%, or 50% tuition fee waiver)
Top Class Education Scheme for SC StudentsScheduled Caste (SC) candidates with annual parental income less than ₹8,00,000.
  • Benefit Type: Financial support
Scholarships by Ministry of Tribal Affairs (ST Students)Scheduled Tribe (ST) students with annual parental income less than ₹6,00,000.
  • Benefit Type: Financial support
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