MBA education in India is expensive; especially when it comes to top MBA colleges in India such as IIMs, MDI Gurgaon or IBS Hyderabad. Even folks who are financially well-off in India have to take support of educational loans in order to join the MBA programmes offered by top B-schools of the country. But does this mean that MBA is only meant for aspirants who are rich or can afford to take education loans? The simple answer is NO! Despite the high fees, when it comes to MBA courses, India’s top B-schools have adopted a very inclusive admission process that gives equal chance and opportunity to MBA aspirants who face financial difficulties. India’s top MBA institutes offer several scholarship opportunities to talented MBA aspirants to support them financially through their journey through the MBA world.

1. Top Scholarships offered by B-Schools
MBA education in India is expensive; especially when it comes to top MBA colleges in India
such as IIMs, MDI Gurgaon or IBS Hyderabad. Even folks who are financially well-off in India
have to take support of educational loans in order to join the MBA programmes offered by
top B-schools of the country. But does this mean that MBA is only meant for aspirants who
are rich or can afford to take education loans? The simple answer is NO! Despite the high
fees, when it comes to MBA courses, India’s top B-schools have adopted a very inclusive
admission process that gives equal chance and opportunity to MBA aspirants who face
financial difficulties. India’s top MBA institutes offer several scholarship opportunities to
talented MBA aspirants to support them financially through their journey through the MBA
world.
MBA Scholarships – Eligibility
Generally, these scholarships are awarded on the basis of merit and MBA aspirants’
performance in MBA entrance exams or their academic track record. Apart from these,
there are some scholarships that are awarded to students who have already joined the
course for their impeccable performance. So, someone who is really talented and
passionate about joining top MBA Colleges in India, they can surely take advantage of the
MBA scholarships and plan their MBA education in India.
So, let’s check out the different MBA scholarships offered by top MBA Colleges in India.
SDA Bocconi School of Management
Each year multiple scholarships and tuition waivers are available for outstanding candidates,
thanks to the ongoing support of companies, other organizations, as well as our Alumni and
current students. Student and Alumni support is the foundation on which SDA Bocconi sets
the basis to provide scholarships for future promising young leaders who will, in turn, serve
as models and contribute to lead global changes starting in the classroom and ending with a
new professional path. Therefore, scholarship recipients may consider giving back to help
the School conceive, design and implement new initiatives and a better program, as well as
create a stronger sense of community. Even a small gift has impact and may change lives.
Scholarships & Tuition Waivers for the 2019-2020 Full-Time MBA will be available in
October. SDA Bocconi School of Management made available 31 total/partial merit-based
scholarships and tuition waivers to 2018-19 MBA candidates with an outstanding
profile. The tuition waivers/scholarships are usually awarded before the Program begins.
The number and assignment criteria of total or partial tuition waivers are defined and

2. acknowledged by a special Commission whose decision is final and will be notified to
beneficiaries according to the dates indicated in each Notice of Competition and no later by
the beginning of the Program.
Admission to the Program is independent of the award of any scholarship or tuition
waiver.
Applications to the tuition waivers will be evaluated according to the following criteria:
Analysis of academic and professional record;
Analysis of the requirements indicated in the specific notice of competition;
Results of the MBA selection process.
To be eligible for the scholarships/tuition waivers applicants must:
Have sent the application to the 2018/19 MBA Program
Look at the pre-requisites for each scholarship/tuition waiver
Send the Scholarship or Tuition waiver Application Form by the deadlines indicated
(multiple flags are possible)
Candidates can apply to the scholarship/tuition waivers even though their selection process
is still in progress.
Scholarships and tuition waivers will be awarded during the selection process and no later
than the date of the MBA Program's beginning.
Scholarships offered by BCG The Boston Consulting Group and VALENTINO
IIM Ahmedabad
MBA Scholarships IIM Ahmedabad is the apple of every MBA aspirant’s eye when it comes
to management education in the country. Being the premier B-school of the country, the
institute also offers many different MBA scholarships for the students. Keeping this in mind,
we need to understand why scholarships are offered in Engineering, pure sciences, maths
and arts. This is because the institution giving the scholarship feels the needs to contribute
to the area of expertise to either establish itself as a place of higher learning for that
specialization or maintain its top position in the field of study. There are also occasions
when the field of study doesn’t get its due and therefore scholarships are provided to
worthy students who can pursue and keep the field alive by their contributions.
MBA is a professional course, it's not a science by itself, it’s more like a collection of moat
reliable and successful scientific approaches to solving management problems.
Another factor is that the course is so well known and we'll accepted that it has no problem

3. attracting scores of young students to pursue it.
Hence institution don't see a need to give scholarships to students for pursuing this course.
In fact, it's the opposite. Institutes strive to make their MBA program well known as it would
more or less be their biggest cash cow (highest profit maker).
If you get admission into an MBA course, banks will immediately be ready to give you a bank
loan. And that too without any collateral for up to inr 20 lakhs at 10%-11% interest rate
payable in 10-12 years.
XLRI - Xavier school of management
XLRI has some good scholarships that are available externally. Also, students with
weaker financial backgrounds can avail some select scholarships. SBI provides a very
good loan facilities for all students. There are different scholarships for SC/ST
candidates. There are other scholarships for the excellent performers from school with
a sound overall profile. Some of the scholarships include - Aditya Birla Scholarship and
the OP Jindal scholarship. Scholarship is offered to those who have performed well in
entrance exam and also have good academic background.
Let’s explore all the scholarships available at XLRI Jamshedpur.
Scholarship Name Criteria Value
Aditya Birla Scholarship
Top 25% of the Class in 1st
year
Rs. 1,75,000
Yes Bank Future Ready
Scholarship
As prescribed by Yes Bank Rs. 2,00,000
O. P. Jindal Engineering &
Management Scholarships
(OPJEMS)
Top-10 2nd year students
(based on the 1st year
academic performance)
Rs. 1,50,000
Hindustan Unilever / T
Thomas Scholarship
As directed by the company,
and top 25% of the Class in
the 1st year
Rs. 1,00,000

4. Naveen Jain &
Distinguished Alumni
Award
Merit-cum-Need Rs. 20,000
Kalyan Ganguly XEF
Scholarship
Merit-cum-Need Rs. 1,00,000
Alumni Scholarship Merit-cum-Need Rs. 1,50,000
XLRI Diamond Jubilee
Scholarship
Merit-cum-Need
Up to Rs. 2.55 Lakh in 1st
year, and Rs. 2.85 Lakh in
2nd year of study
XLRI Diamond Jubilee
[Seniors]
Merit-cum-Need Rs. 2,85,000
Geeta Saxena Memorial
Stipulated criteria by the
Donor
Rs. 20,000
Vasantha Sankaran
Scholarship
Stipulated criteria by the
Donor
Rs. 1,00,000
Joseph M Sciortino For ST Students Rs. 25,000
NTPC Scholarship
SC / ST / PwD students based
on their academic
performance in 1st year
Rs. 8,000 for 12 months
PMI Scholarship
Best student award in project
management
Rs. 25,000 to Rs. 50,000
SP Jain
SP Jain, in its endeavour to encourage meritorious students to excel even more in their
academic and career paths, is inclined (without any commitment) to offer scholarships to

5. selective candidates joining the postgraduate programs. There are various levels of
scholarships granted, based on a holistic view of the candidate’s profile. Candidates who
receive scholarships must maintain a required GPA and abide by the Code of Conduct during
the course of the program. Scholarship decisions take place through a comprehensive,
holistic review process and are at the sole discretion of the Scholarship Committee.
ACADEMIC SCHOLARSHIPS
Applicants for the Academic Scholarship must fulfil three of the following criteria in order to
be eligible:
Minimum of 75% in all years of education – 10th, 12th and each year of graduation
High entrance test scores: a minimum of 720 in GMAT and 95 percentiles in CAT/SPJET
Graduation from a top-ranked institution
Exceptional post-graduate qualification such as Chartered Accountant or other graduate
work/certificates
Outstanding achievements in social service, sports and extracurricular activities are also
considered
All applicants will be considered for an Academic Scholarship at the time of selection to the
program. There is no additional application required.
LEADERSHIP SCHOLARSHIPS
Most institutes give scholarships based purely on academic performance, but we believe
that well-rounded students get better jobs and do better at the workplace.
In line with this philosophy, SP Jain offers Leadership Scholarships based on the assessment
of prospective students during the evaluation process. This gives an opportunity to those
students who may not have the best academic scores but are otherwise very worthy of a
scholarship.
The Leadership Scholarship has three levels:
Level 1: USD 5000
Level 2: USD 10,000
Level 3: USD 15,000
Leadership Scholarships are awarded based on the following criteria:
Academic achievements
Aptitude test score
Interview performance
Relevant experience or Domain Expertise
Eligible students are recommended by the Interview Panel during the evaluation process.
Recommended students will be asked to attend an evaluation interview with another

6. Interview Panel. The decision to award a Leadership Scholarship and the amount will then
be decided by the Scholarship Committee and advised to the student.
Students who receive Leadership Scholarships must maintain a required CGPA and abide by
the Code of Conduct during the course of the program.
Symbiosis Institute of Business Management
Symbiosis Society Foundation has instituted scholarships for students of UG and PG
programmes of all the faculties in Symbiosis International (Deemed University). The
scholarship policy has been approved by the Board of Management.
Two merit scholarships for the faculty of Management (SIBM-Pune, SIIB, SCMHRD, SIMS,
SITM, SIOM, SIBM- Blr, SSBM) - Total free ship (no academic fee) Eligibility
1. Merit Scholarship in the first semester of P.G. programme will be awarded to toppers of
SNAP who join Symbiosis Institutes. The cut off for SNAP score (top score) for applying
scholarship every year will be at 0.1% of the appeared number of candidates for the test.
2. In the subsequent semesters, the scholarship would be based on academic excellence, a
minimum GPA of 3 earned by the same student during the preceding semester.
3. Only those students will be eligible for the award of Merit Scholarship who have cleared
the courses prescribed for the respective programme up to the stage of award i.e. they
should not have any backlog.
4. The student who has been awarded merit scholarship by Symbiosis Society Foundation
shall not be debarred from stipend or any financial assistance from any other source.
However, if the student is awarded any stipend or financial assistance from any other
source, he/she shall communicate the same to the Department of Student Affairs.
5. There will be no income limit of the parents/guardians of the students for the grant of
merit scholarship.
6. In case a student is eligible for more than one scholarship/free ship by Symbiosis Society
Foundation, he/she shall be awarded only one scholarship/free ship as per his/her
preference.
Alliance University

7. Eligibility Scholarship Amount (Per
Student)
No. Of
Scholarships
90% and above Score in AMAT Rs. 4,00,000 5
85% and above score in 10th and
12th Standard
85% and above score in AMAT Rs. 1,00,000 10
85% and above score in AMAT Rs. 50,000 20
General Scholarships For MBA Students:
Category Eligibility Regular
Tuition Fees
(Per
Semester)
Scholarship
Percentage
Scholarship
Amount (Per
Semester)
Merit Based A score of 99 percentile or
better in CAT or a score of
725 and above in GMAT.
Rs. 3,37,500 100% Rs. 3,37,500
a. A consistent scholastic
record - minimum 90%
marks in X, XII and
Graduation – with no
repetitions at any stage.
AND
b. A score of 85 percentile
or better in CAT or a score
of 600 and above in
GMAT.
Rs. 3,37,500 25% Rs. 84,375
a. Minimum three years of
full-time relevant work
Rs. 3,37,500 20% Rs. 67,500

8. experience.
AND
b. A consistent scholastic
record – minimum 70%
marks in X, XII and
Graduation – with no
repetitions at any stage.
AND
c. A score of 90 percentile
or better in CAT or a score
of 650 and above in
GMAT.
A score of 90 percentile or
better in CAT or a score of
650 and above in GMAT.
Rs. 3,37,500 15% Rs. 50,625
Sports
Quota
a. National level player
(Sports/Games).
AND
b. A consistent scholastic
record - minimum 60%
marks in X, XII and
Graduation - with no
repetitions at any stage.
Rs. 3,37,500 20% Rs. 67,500
Differently
Abled
a. Certified as differently
abled.
AND
b. A consistent scholastic
record - minimum 60%
marks in X, XII and
Graduation.
Rs. 3,37,500 30% Rs. 1,01,250

9. SC/ST a. From SC/ST Community
with family income of less
than Rupees four lakhs per
annum.
AND
b. A consistent scholastic
record - minimum 50%
marks in X, XII and
Graduation - with no
repetitions at any stage.
AND
c. A score of 70 percentile
or better in CAT or a score
of 550 and above in
GMAT.
Rs. 3,37,500 25% Rs. 84,375
Karnataka
State
Domicile
a. A domicile of the State
of Karnataka.
AND
b. A consistent scholastic
record - minimum 60%
marks in X, XII and
Graduation - with no
repetitions at any stage.
AND
c. A score of 70 percentile
or better in CAT or a score
of 550 and above in
GMAT.

10. Athena University
Scholarships
Athena University is offering a limited number of scholarships that cover up to 90% of
tuition costs. These scholarships are for all Master’s and Bachelor’s programs, and last for
the full 2-year or 4-year program, depending on the program.
MBA & MGAD Programs
Original Total Tuition Cost for 2 years: $15,750
Total Tuition Costs With 90% Scholarship for 2 Years: $1,575
Cost Per Course With 90% Scholarship: $157.50 (MBA) or $143.18 (MGAD)
EMBA Program
Original Total Tuition Cost for 2 years: $21,750
Total Tuition Costs With 90% Scholarship for 2 Years: $2,175
Cost Per Course With 90% Scholarship: $217.50
Eligibility
All students who apply and meet the admission requirements for Athena University are
eligible for these scholarships. These scholarships are not limited to any specific program, so
any student in any program may apply. These scholarships are also available for both full-
time and part-time students.
How to Apply?
Email us at inquiry@athenauniversity.org or andy@athenauniversity.org. They will provide
you with a scholarship application form to fill out along with Athena University’s application
form. They can also answer any questions you may have about the application process and
the programs we offer.
In order to keep the scholarship, you must pass all courses, maintain a CGPA of 3.0 or
higher, and stay on-track for graduation. The scholarship may be revoked for anyone unable
to meet the satisfactory academic progress in the program, failing a course, in danger of
being expelled, or withdrawing for a session.
Amity University
A sum of US$ 200,000 is earmarked to award more than 100 academic merit scholarships to
high performers among International students, Foreign Origin, NRI and sponsored NRI,
joining undergraduate (UG) programs in Engineering & Science & Humanities in SRM
Institute of Science and Technology (formerly known as SRM University). The Scholarship
program is a transparent merit-based process, with scholarship of up to 25% tuition fee,
beginning first year, on joining the university as a full-time degree-seeking student. In case
of first year, this would be adjusted in the second-year fee. In following years, renewal of

11. scholarship is subject to consistent high performance as per the norms set by the university
from time to time. An appropriate allocation of scholarships would be made to cover
different faculties and countries.
At Amity, they believe in rewarding the hard work and excellence achieved by worthy
students in their academic endeavours. As part of this ongoing initiative, in 2013 over Rs. 60
crores worth of Scholarships have been awarded to students on need or merit basis. The
Amity Scholarships have been initiated to inspire the talents of such students, thereby
solidification the roots of our future generation. A small step towards the collective goal of
making India the knowledge superpower of the world.
Criteria for Admission
Minimum academic eligibility for the respective program should be met, as mentioned in
the Admission prospectus – 2018.
Age should not be of more than 23 years as on 01st July, 2018.
All students who are eligible for the sports scholarships are given admission on Fast Track.
That means they do not have to appear for the Sports Trial & Interview and their admission
is done based on their application form and assessment of sports certificates for last three
years.
100% Scholarship - International Players*
50% Scholarship - National Medal winners*
(Gold, Silver & Bronze position only)
Scholarship is granted on annual basis and continuation in second and further years of the
program is subject to scholarship policy. To continue availing 100% scholarship students
must secure position in top 5% of the merit list for the program. For continuation of 50%
scholarship, students will have to secure position in top 10% of the merit list for the
program.
Mumbai Campus
100% Scholarship (Non-MBA)
Eligibility - 93% aggregate and above (excluding Physical Education/ Fine Arts / Performing
Arts / vocational / non-written subjects) in CBSE / ISC / State Boards of Class XII and 80% in
Graduation.
50% Scholarship (Non-MBA)
Eligibility - 88% aggregate and above (excluding Physical Education/ Fine Arts / Performing
Arts / vocational / non-written subjects) in CBSE / ISC / State Boards of Class XII and 75% in
Graduation.
MBA Scholarship
100% Scholarship

12. Eligibility - 93 Percentile (CAT/MAT); 700 GMAT & above
50% Scholarship
Eligibility - 88 Percentile (CAT/MAT); 650 GMAT & above
25% Scholarship
Eligibility - 80 Percentile (CAT/MAT); 500 GMAT & above