All PGP students with annual household incomes below INR 8,00,000 are eligible to apply for financial aid. Other students with severe financial difficulties arising from sudden unforeseen circumstances are also considered.
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IIM Bangalore Scholarship FAQs
Given below are the FAQs about the scholarships offered at IIM Bangalore:
Students enrolled in the MBA course at IIM Bangalore are eligible to apply for financial aid if their annual household income is less than INR 8 lakh. Consideration is also given to those students who are experiencing extreme financial difficulties as a result of sudden, unforeseen events. Candidates can refer to the table below to know about IIM Bangalore scholarships, along with information on eligibility requirements and award amounts:
Scholarship Name | Category | Eligibility/Amount |
---|---|---|
Aditya Birla Scholarship | Merit-Based | PGP students of both the first and the second years INR 1.75 lakh |
OPJEMS Scholarship | Merit-Based | Offered to top 10 Scholars in 2nd Year INR 1.50 lakh |
Citi Women’s Leader Award | Merit-Based | To Top 25% of the Batch based on 1st Year Performance |
Siddhartha Padam Award | Director’s Merit | the highest CGPA in Economic, Finance & Accounting INR 50,000 |
IIMB PGP Alumni First Batch | Differently-Abled | INR 75,000, a Medallion, and a Certificate |
Yes, IIM Bangalore does provide scholarships for students enrolled in MBA Risk Management course. There are several scholarships available, including the Aditya Birla Scholarship, OP Jindal Engineering and Management Scholarships, and more. The selection process for scholarships typically involves an application and an interview.
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Student Forum
Answered 2 years ago
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Guide-Level 15
Answered a week ago
When I decided to build a career in digital marketing, I wanted a course that offered practical skills, strong placement support, and flexibility. That’s why I chose the Digital Marketing Course from IIM SKILLS, and it turned out to be exactly what I needed. The course runs for 3 to 7 months and inc
A
Beginner-Level 5
Answered a month ago
IIM Bangalore application fees vary based on the course. Students need to pay the fees as specifed to complete the application process. The application fee for MBA, E-MBA, and PGPEM is tabulated below:
Course Name | Application fee |
---|---|
PGP (via CAT) | INR 2,400 |
Executive PGP | INR 5,000 for Round 1 and INR 7,000 for Round 3 |
PGPEM | INR 1,500 |
P
Contributor-Level 10
Answered a month ago
MBA is the flagship course of IIM Bangalore. The institute offers multiple specialisations under this MBA programme. The total tuition fees for the same course range between INR 12.5 Lakh - INR 24.5 Lakh. Candidates seeking admission to the MBA course of IIM Bangalore can choose specialisations, suc
A
Contributor-Level 10
Answered 2 months ago
IIM Bangalore gives a 6-week on-line route titled “Banking and Financial Markets: A Risk Management Perspective” via its IIMBx platform.
This direction makes a speciality of diverse varieties of financial risks including credit threat, liquidity hazard, interest price threat, and foreign exchange cha
S
Beginner-Level 4
Yes, IIMB extends financial aid to students in need of assistance. The objective of the Financial Aid Policy at IIMB is to ensure that no student is deprived of education at the institute for financial reasons. All PGP students with annual family incomes below INR 8 LPA are eligible to apply for financial aid. Other students with severe financial difficulties arising from sudden unforeseen circumstances are also considered. The Financial Aid Committee undertakes a two-step process for deciding the number of awardees and the quantum of aid. In the first stage, the students are given a financial status score based on four criteria: Annual Gross Household Income (including income of the student if employed before joining IIMB and outstanding loans if any, provided they were not taken for conspicuous consumption), household savings, real estate assets, and other assets. Based on this score, some of the students were called for personal interaction with a faculty panel. Based on the weighted average of these two scores, applicants are provided with 100%, 80%, 60%, 40%, or 20% financial aid.